Stocks Puke At Cash Open; S&P, Nasdaq Break Key Technical Levels

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by Tyler Durden
Thursday, Mar 04, 2021 - 10:16 AM

US equity markets puked at the cash open with Small Caps and Big Tech leading the plunge...

Nasdaq is now well below its 50-day moving average and nearing the 100-day...

S&P broke notably below its 50-day moving average...

Is this the market calling Powell's bluff ahead of the speech today?