Fundamental OverviewThe Nasdaq has been on the backfoot recently as the goldilocks data led to a strong rotation into small caps stocks. Yesterday, there was general weakness across all the indices although it wasn’t triggered by any catalyst. The fundamentals haven’t changed, on the contrary, they strengthened the case for a soft landing. The bearish momentum seems to be waning going into the weekend, so the technicals might be helpful for the dip-buyers to time a possible bounce. Nasdaq Technical Analysis – Daily TimeframeOn the daily chart, we can see that the Nasdaq is now near the trendline around the 19700 level. This is where can expect the dip-buyers to step back in with a defined ri
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