Top 10 Report – June 15, 2020

The Indexes

The NASDAQ dropped 5.27%  and closed near its low for the day on huge volume last Thursday, but ultimately found support and bounced at the confluence of its 21-DMA and 23-EMA on Friday, ending the week in decent shape.

The S&P 500 dropped 5.89%  and closed below its long-term 200-DMA on a huge pick-up in volume last Thursday, however, it held the 3,000 level, which was just a hair below and ultimately finished the week well back above both key areas of support.

The Russell 2000 gapped down, plummeted 7.58% on huge volume and closed well below its long-term 200-DMA last Thursday , however, it ultimately found support and bounced at its 65-EMA to finish the week.

The DOW gapped down, plummeted 6.90% on huge volume and closed well below its long-term 200-DMA last Thursday , however, it ultimately found support and bounced at its 65-EMA to finish the week.



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