Nasdaq Selloff Extends in Asia — But How Bad Is It, Really?

Wait 5 sec.

Nasdaq Selloff Extends in Asia — But How Bad Is It, Really?E-mini Nasdaq-100 FuturesCME_MINI_DL:NQ1!CityIndexAsian markets saw a second wave of selling today, with Nasdaq futures falling around 1% during Asian trade. After fielding several emails from journalists asking “why,” I can’t help but think this move may be more about technical repositioning after an extended run higher. In this video, I walk through the monthly, weekly, and daily Nasdaq charts to share where I think we could go from here. Matt Simpson, Market Analyst at City Index.