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Nasdaq 100 Forms Bearish Flag Below 19,100 After Steep Sell Off Breakdown Could Trigger Further Weakness Toward 18,800

NASDAQ was down on Monday morning after testing the high level of 20006 in the last trading session as over the weekend, Trump stated he “couldn’t care less” if foreign automakers respond by raising prices. The Wall Street Journal also reported that the president is pressuring his advisors to take a more aggressive stance on trade policy.