What role does technical analysis play in the current market situation?
Technical Turning Point: Buy the Dip or Further to Fall?
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The video discusses the recent NASDAQ correction driven by rising treasury yields. It explores technical analysis insights, highlighting the S&P 500's movement below its 100-day moving average and potential buy signals. The video also examines small caps like the Russell 2000, noting their resistance levels and potential market impact if these levels are breached.
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OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
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What could happen if the market breaks below the long-term resistance level?
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