Nasdaq: What is the technical picture before the Magnificent-7 results? (Oct. 24, 2023)

A lot will obviously depend on this week’s reporting by the megacaps that drive the index. Was the index too fast to drift out of the price channel or is the best behind us?

Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk management which only you are responsible for!