The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Global semiconductor stocks experienced a selloff that pressured Nasdaq 100 futures, leading traders to monitor the 50-day moving average support. Despite a brief recovery in chip stocks on July 10, the NASDAQ Composite fell 0.90% by July 13, slipping below its 200-hour moving average. Concurrently, the S&P 500 remained below key resistance levels while holding near its 200-hour moving average support.