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NASDAQ's losing streak

Troy Bombardia
2020-08-12
NASDAQ has fallen for 3 consecutive days, with the last time being 5 months ago. NASDAQ lost more than 2.5% over the past 3 days of consecutive drop.

As noted by many on social media, NASDAQ has fallen for 3 consecutive days, with the last time being 5 months ago. NASDAQ lost more than 2.5% over the past 3 days of consecutive drop.

When this happened in the past, it was a bearish sign for NASDAQ over the short term (1 week - 1 month) as the quick NASDAQ drop continued.

Similarly, this was a bearish factor for S&P 500 over the short term and bullish over a longer time frame

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