The NASDAQ tumble continues with the index presently down close to 1.5%

The promoting has intensified within the NASDAQ index. It presently trades down round 1.51% at 15931.81. The low value reached 15909.20. That took the worth to the bottom stage since March 5.

Technically, the March 5 low is available in at 15925.91, and could be the subsequent goal adopted by the 38.2% retracement of the 2024 buying and selling vary. Out there is available in at 15751.79.

There’s a hole from the February 21 excessive at 15583.68 (see the yellow space on the chart above).