NASDAQ continues plunge, down 1.75% ...Middle East

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NASDAQ continues plunge, down 1.75%
The selling in the NASDAQ index continues with the index now down -1.75%. Yesterday the index fell over -3.6% it's worst trading day since December 2022.Looking at the daily chart, the price is approaching its 50% midpoint of the move up from the April 2024 low. That level comes in at 16976.54. Below that, the rising 100-day moving average comes in at 16807.78. The low price has reached 17033. Yesterday, the price closed below its 50-day moving average at 17523.02.Market action is a volatile.The Magnificent 7 currently (10:19 AM ET) Nvidia -4.8% Amazon -1.31%Meta Platforms -2.80%Microsoft -1.97%Tesla +2.16%Alphabet -2.09%Apple -1.56%The Magnificent 7 ETF has moved down -14.29% from its July

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