Nasdaq Breaks Below the 50 SMA, NBIS Reverses Hard, And How I Manage Stops
July 8, 2026 Good afternoon, Five Star Traders! The market is sending some clear technical signals this week that deserve our attention. Nasdaq Fails to Hold the 50-Day SMA The Nasdaq Composite has now posted two consecutive closes below its 50-day simple moving average. This is a meaningful shift. The 50 SMA has served … Read more