FAST FIVE: Here Are The Key Levels To Watch In The Market Right Now
Authored by Jesse Colombo via RealInvestmentAdvice.com, Market volatility has reared its ugly head once again in recent weeks as the trade war with China took a turn for the worse and global economic data continues to weaken.
If the Dow closes below this level in a convincing manner, it may foreshadow even more downside action.
The tech-oriented Nasdaq Composite Index is just above its 7,600 support level that has come into play several times in the past year.
If it closes below this level, further weakness is likely.
If this historic relationship is still valid, we should prepare for much higher volatility over the next few years.