Stocks not out of the woods. Nasdaq stalling at trend line and 200 day MA - ConsultFX

Stocks not out of the woods. Nasdaq stalling at trend line and 200 day MA

Up 2.05% but.... The stocks in the US are higher but off the highest levels.   The Nasdaq is up 151 points or 2.07% at 7480. The high reached 7513.69.  That move took the price back above a trend line at 7485, and the 200 day MA at 7503.25.   However, the price has dipped back lower and is