NASDAQ Index, SP500, Dow Jones Forecasts – NASDAQ Rebounds As NVIDIA Gains 7.2%
NASDAQ gains ground as traders continue to buy tech stocks after the recent sell-off. NVIDIA, which has suffered a historic sell-off in yesterday’s trading session, is up by 7.2%. NASDAQ is moving towards the 50 MA at 21,496. If NASDAQ manages to settle above the 50 MA, it will head towards the resistance at 21,550 – 21,600.