The Nasdaq found some support when it was down 4.98%.
It never crossed the 5% threshold and now it’s trimmed its losses to just 3.9%.
Nasdaq 5 min chart
It’s a good time for a late-day rally as the momentum could sustain into the close.
The moves have extended to FX where we are getting decent bounces in commodity currencies.
Trump is set to sign some executive orders today and he could do some economic cheer leading.
