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Market on the MOVE

NASDAQ - working on the break out

Above the negative trend line, above the 12k level, but still below the 200 day moving average. The "tech as the main pain trade" logic continues to work very well and frustration is running high. Let's see how far they "must" chase this.

Source: Refinitiv
Source: JPM
Source: Refinitiv
Source: Refinitiv
Source: GS
Source: Goldman
Source: Refinitiv