The short-term moving averages are below the price action and should continue to support the indices on every decline. With 22,000 acting as immediate support to watch out for, the bigger area of support stands at 21,800-850.
Big investors ditch tech ahead of expected September stocks slump
Big investors, fearful of September’s typical seasonal declines, exited profitable stock positions on Tuesday, according to investors and trading company research, a sign the selloff