NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW
NSDQ has strong resistance 14873 to 15000 levels as red box marked in graph .At 14428 level double zigzag correction formed so it can fall below 14428 level and overall stop loss for downtrend is 15100 .Trend is negative now so selling is better with stop loss 15100 expecting downside targets 15800,15775 and 15750 respectively for intraday purpose.Positionally it should fall below 15428 level without touch 15100 in form of last wave 5 of overall major correction .
QUICK FUNDAMENTAL LOOK
Over the last decade or so, the S&P 500 and U.S. tech sector have posted some stellar returns. However, Dan Suzuki, deputy CIO at Richard Bernstein Advisors (RBA) has a warning for investors:
"Be careful when Wall Street starts to feel like Easy Street."
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.