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NDAQ forms Shooting Star Candlestick on August 27
NDAQ finished lower by 0.12% on Thursday, August 27th, trading 0.4 times its typical volume. Multiple bearish signals emerged — Shooting Star, Shooting Star Candlestick, Lizard Bearish & Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 98.57, 97.8 & 96.6, with resistance at 100.55, 101.75 & 102.52. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of NDAQ: A
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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