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08/12 NASDAQ Analysis

$Nasdaq Composite Index (.IXIC.US)$
After a week of steady decline, the downward momentum has slowed down, but it has passed the downtrend line again and reached the previous low point. Next Monday will be a crucial point to see if it will stop falling or turn into a downtrend. Currently, it is still in a consolidation downward trend, so it is not recommended to go long.
08/12 NASDAQ Analysis
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