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ChartTrader – Nikkei Unwind – SPY/QQQ/MAGS Corrections – VIX – Symbols: NVDA, AVGO, GEHC, ABT (Premium)
This report starts a long-term look at the Nikkei, which started breaking down in July. US stocks rebounded after sharp declines on August 5th, but they have yet to fully recover and remain in short-term downtrends. We will look at the corrections in SPY, QQQ and MAGS.