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The NASDAQ 100 initially gapped higher during the trading session on Friday, but then fell like a rock earlier in the day.
The S&P 500 fell during the trading session on Friday but as you can see, we ended up turning around to show signs of resiliency yet again.
The NASDAQ 100 is very volatile to say the least, especially considering that after hours on Thursday there will be a slew of announcements when it comes to the earnings season
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The S&P 500 has fallen a bit during the trading session on Thursday but found a significant amount of support at the 20 day EMA.
Lothar Heinz Wieler, the President of the Robert Koch Institute (RKI), blames negligence for the rise in Covid-19 infections across Germany.
The S&P 500 initially rallied during the trading session on Tuesday but gave back the gains to reach towards the 3210 level.
The NASDAQ 100 has initially tried to rally during the trading session on Tuesday but seems as if it is stuck in a channel, at least in the short term.
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The S&P 500 initially pulled back a bit during the trading session on Monday but then bounced off of the 20 day EMA to show signs of support again.
The NASDAQ 100 initially fell during the trading session on Monday but found buyers underneath at the 10,400 level to turn things around and rally again.
The NASDAQ 100 has pulled back significantly during the trading session on Friday, only to find support again at the bottom of the channel and form a massive hammer.
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As August rolls in, the Nasdaq market is going to be looking for its footing for a more sustained move to the upside. See the forecast for the month here.
The S&P 500 got hit pretty hard during the trading session on Thursday, reaching down towards the 3200 level.