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13,000 Thursday – Nasdaq in Critical Territory 13,146. That s the 50-day moving average on the Nasdaq that we need to cross back over by tomorrow or it s likely the Nasdaq continues to correct back to the 200-day moving average at 11,721, which would be 10% down from where it is now. Author: Mar 11, 2021 13,146. That s the 50-day moving average on the Nasdaq that we need to cross back over by tomorrow or it s likely the Nasdaq continues to correct back to the 200-day moving average at 11,721, which would be 10% down from where it is now. 13,146. That s the 50-day moving average on the Nasdaq that we need to cross back over by tomorrow or it s likely the Nasdaq continues to correct back to the 200-day moving average at 11,721, which would be 10% down from where it is now. Since we know the Nasdaq is ridiculously over-valued, the 10% down scenario is a lot more likely than the resume the rally scenario.

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