NASDAQ analysis for 06/08/24

After the collapse of the Japanese stock exchange and a significant decline in American stock indices, the NASDAQ 100 index continues its downward trend to levels of $17,200
At the level of $18,200, a signal to sell in the short term was formed.
Further prospects for the index are under strong pressure and the downward trend of the entire stock market.
At the moment, all indices are in a downward trend and there is a good possibility of their further decline.