Five of the MAG7 are now trading below their 200 DMA. How quickly that deteriorated. Only one is trading above all the moving averages on the daily chart (AAPL). NVDA is the second most bullish from a
Deterioration in MAG7 technicals—five below 200 DMA—signals broad tech weakness.
What changed
Why it matters
Deterioration in MAG7 technicals—five below 200 DMA—signals broad tech weakness.