Nasdaq 100 neutral

Turn-of-the-month effect and Nasdaq

25 April 2022 501
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On the one hand, in the graph it can be noted that the Nasdaq broke through the 13500 support and continues declining to 13000 level.

 

On the other hand, April is ending, saying about the turn-of-the-month effect. And theoretically, by the close of the trading day on May 6, the index could return to the 13300 - 13500 area.

 

We will find out, which of the scenarios will be realized within two weeks.

This content is for informational purposes only and is not intended to be investing advice.

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