Nasdaq tests 50 day MA and trend line and stalls on first look - ConsultFX

Nasdaq tests 50 day MA and trend line and stalls on first look

Stocks slide. Nasdaq tests 50 day. S&P still above MA level The US stock market decline accelerated with the Nasdaq moving to a low of 7733.14. That was down about -136 points.  The fall took the price to a key support level defined by the 50 day MA and a trend line connecting lows from April,