NASDAQ. Market Summary (September 6, 2024)
NASDAQ Market Summary (September 6, 2024) Current Market Status : Closing Price : 16,694.1 (-2.53%) Trend : Bearish Long-Term Strategy : The NASDAQ is currently in a Bearish zone with strong selling pressure and a high risk of further declines. The recommended approach is to "Sell and Observe" until signs of a trend reversal or a shift to a Bullish zone appear. Avoid buying until the market shows a clear upward movement. Short-Term Strategy : In the short term, the market is expected to continue its downtrend with potential temporary upward movements. A "Sell (Bearish)" position is advised, with optimal selling around September 12-13 and potential buying around September 18-19, when the price is expected to be lower. Sep 06, 2024 NASDAQ closing price 16,694.1 -2.53% ◆ [Long-term strategy] The current trend zone is Bearish, and Investment position suitable for the trend zone is Sell and Observe.