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Currently, the market is experiencing a "Priced in Perfection" situation. Every good news from tech companies was already reflected in the prices; now, even a slight increase in spending or uncertainty serves as a selling excuse for investors looking to take profits.
Level to Watch: Whether the sell-off in the #Nasdaq index deepens or not will be decisive for the overall market direction.
First support is at 25,000.
The 100-day moving average is crossing at 24,500.