The declines in the Nasdaq has tilted the short term bias more into neutral territory. S&P remains more bullish.

The NASDAQ Composite is down 0.90%, while the S&P 500 is lower by 0.40% in early trading. From a technical perspective, the NASDAQ Composite has slipped back below its 200-hour moving average at 26,088.24, but remains above the 100-hour moving average at 25,873.74. Trading between those two key moving averages shifts the short-term bias back to neutral, wit…

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