Nasdaq has the potential to deepen its losses

13 באוג׳ 2023

The Nasdaq is approaching the key zone of 14,850-14,930. It is marked by the largest correction in the uptrend that began at the beginning of 2023.
Additionally, the last bottoms are located in this zone.

A break of this zone could bring the index down to the 100-day MA around 14,400.