Nasdaq on pace for its worst trading day since November 2, 2022 ...Middle East

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The NASDAQ index is now down -600 points or -3.34%. That's its worst trading day since November 2, 2022 when the index fell -3.36%.The price is approaching its 38.2% retracement of the move up from the April 22 low. That level comes in at 17353.82. The low price as reached 17391.94 (WHoops - now 17371.69)From the session highs reached on July 11, the price has now fallen -6.83%.Will buyers show up against the 38.2% retracement? This article was written by Greg Michalowski at www.forexlive.com.

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