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Nasdaq Sets A New All-Time High But Also Suffers A 'Key Reversal' My theme for the five major U.S. equity averages is that the tech-heavy Nasdaq Composite must lead. It has as evidenced by a fresh all-time high set at 7,637.27 on March 13. The problem is that March 13 was also a daily 'key reversal' day as the index closed below its March 12 low of 7,563.44.
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