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The Nasdaq 100 and Dow Jones have suffered slight losses in recent sessions, falling from recent highs Relative to broader price trends, however, recent declines are a blip on the radar and equity strength may persist in the longer-term How to Short Sell a Stock When Trading Falling Markets Nasdaq 100 & Dow Jones Seek Support Amid Declines - Stock Forecast
The Nasdaq 100 and Dow Jones have bled lower this week, leaving the two indices in search of technical support. Since little has changed in the fundamental landscape, aside from rising Treasury yields which should be eyed closely , the longer-term equity outlook remains encouraging. With that in mind, nearby support might provide a springboard for an eventual recovery higher. Nasdaq 100 Price Chart: 4 - Hour Time Frame (September 2020 February 2021)
Key players in the GameStop saga are testifying to a House committee. Robinhood CEO Vlad Tenev defended the trading platform against allegations that restrictions it put in place disadvantaged smaller investors in favor of bigger institutional clients.
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