Nasdaq Composite is super weak

IXIC is the weakest index adding gravity to the rest of indexes. Since 13 weeks it's not able to jump up above (W)MA200. The longer you stay below (W)MA200 the less chances you have to jump above it. Last sustained break of IXIC below (W)MA200 was September 2008
Moving AveragesSupport and ResistanceTrend Lines

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