NASDAQ 100 E-mini Futures
Short

Nasdaq Selloff Extends in Asia — But How Bad Is It, Really?

35
Asian markets saw a second wave of selling today, with Nasdaq futures falling around 1% during Asian trade. After fielding several emails from journalists asking “why,” I can’t help but think this move may be more about technical repositioning after an extended run higher.

In this video, I walk through the monthly, weekly, and daily Nasdaq charts to share where I think we could go from here.

Matt Simpson, Market Analyst at City Index.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.