Nasdaq Experiences Worst Day In 2 Months
DAYTRADE PROFIT | Apr 06, 2014 06:02PM ET
US stocks fell sharply on Friday and reversed an early rally, sending the Nasdaq Composite to its worst day in two months. At close, The Nasdaq Composite fell 110.02 points, or 2.60%, to 4,127.73.
This is the worst swing for the Nasdaq since Dec 2011 (with Russell, Dow, and Nasdaq -1% YTD).
US employers maintained a solid pace of hiring for a second straight month in March, further evidence of resilience in an economy that had been held back by a brutally cold winter. Nonfarm payrolls increased by 192,000 jobs last month after rising 197,000 in February, the Labor Department stated on Friday.
From quick look at charts we can see the strong refractive last Friday, and right now it seems my face index at 3440-3470 points where we look at the index closely
The first option, and Ai, seems to me personally that it's just a move towards breaking higher highs.
If this is the support level then it will not likely come down to visit at lower levels than 3240.
point of view: notice we saw the same course in May - June last year.
If that's the story this time then it is likely that the stations I mentioned are blocked rather than declines, If not then there is likely to go further up the level of 3100 points.
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.