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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: #Breeze who wrote (15388)	2/19/2023 10:47:44 AM
From: Kirk ©	1 Recommendation Recommended By Return to Sender Read Replies (1) \| Respond to of 27099

Nasdaq 100 LT Trend Chart I added 2 black lines to COTD's broken channel The Nasdaq 100 had been in a major bull market since the end of the financial crisis. In fact, the Nasdaq 100 traded within the confines of a relatively narrow, upward sloping trend channel for over 12 years. Shortly before and definitely after the Fed started raising rates — things changed. During the summer of 2022, the Nasdaq 100 broke below support. Currently, however, the Nasdaq 100 is testing what was once long-term support — for a second time. chartoftheday.com