Nasdaq – Weekly Analysis

Nasdaq is down more than 6% since our warning two weeks ago, but that is neither the main achievement nor the main concern anymore. The more important development is that the index has now recorded a technical event significant enough to shift today’s discussion from a routine market update into something closer to a strategic planning session. What Nasdaq just signaled may have implications far beyond technology alone. Markets rarely travel in isolation. When one major passenger on the train changes direction, the others eventually have to adjust their footing. So today we are not simply asking where Nasdaq goes next. We are asking what this development could mean for the broader market, which passengers may be next, and how the roadmap may need to evolve from here. Come aboard. This is the last call. CANDLES & TA: Nasdaq closed both the 3D and weekly frames with bearish continuation signals….