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Nasdaq hits new session low, edges closer to 1-week low

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I’ve been highlighting this graphic for a while. It shows the 61.8% retracement of the Nasdaq March rally. If it breaks and last week’s lows break, then there is a good chance of retesting the February/March double bottom.

The index is at a session low, down 1.3%, reversing what had been a strong gain.

cnbctv18-forexlive-benzinga

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