Technical Analysis


The NASDAQ index is up over 520 points. The price is currently up 520 points or 3.04% at 17667. The NASDAQ is above its 50-hour moving average and also stretching above the 38.2% retracement of the last move lower at 17647.85. On the topside, the 100-hour moving average and 50% retracement are near 17840.

NASDAQ higher

Meanwhile, the S&P index is back above its 100-hour moving average at 5537.90.

S&P index above its 100 hour moving average

After the close, after the close some of the earnings:

  • Arm (ARM)
  • Qualcomm (QCOM)
  • Carvana (CVNA)
  • Lam Research (LRCX)
  • Western Digital (WDC)



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