Nasdaq is 10% Above 200-day EMA
In less than 9 months, the Nasdaq has gone from being 40% below its 200-day EMA to being 10% above its 200-day EMA. Talk about a huge swing. The percentage difference was determined using the Percentage Price Oscillator (1,200,1). This setting reflects the percentage difference between the 1-day EMA, which is the daily closing price, and the 200-day EMA.

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