---
title: "Nasdaq decline today rivals the big moves lower in 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231251449.md"
description: "The Nasdaq Composite Index is experiencing continued downside pressure, moving further away from its 200-day moving average (MA) at 18,404. The index is now approaching the 38.2% Fibonacci retracement level of the rally from the November 2024 low, which comes in around 17,284. This level will be a key technical test for buyers looking to defend support."
datetime: "2025-03-10T16:27:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231251449.md)
  - [en](https://longbridge.com/en/news/231251449.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231251449.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/231251449.md) | [繁體中文](https://longbridge.com/zh-HK/news/231251449.md)


# Nasdaq decline today rivals the big moves lower in 2024

The **Nasdaq Composite Index** is experiencing continued downside pressure, moving further away from its **200-day moving average (MA)** at **18,404**. The index is now approaching the **38.2% Fibonacci retracement level** of the rally from the **November 2024 low**, which comes in around **17,284**. This level will be a key technical test for buyers looking to defend support.

### Related Stocks

- [Nasdaq, Inc. (NDAQ.US)](https://longbridge.com/en/quote/NDAQ.US.md)

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