Analyzing Support in the Nasdaq + Microsoft

The Nasdaq did its best to cling to critical support zones at the 200 SMA on the daily chart, and the 50 SMA on the weekly chart. However, Microsoft was a bit weaker, closing below the 200 SMA on the daily and just barely above the 50 SMA on the weekly. Danielle is not buying yet, but these are the zones to watch.

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