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Nasdaq closes under 200-day average with 5 distribution weeks in 2026, Chris Perruna signals

Nasdaq closes under 200-day average with 5 distribution weeks in 2026, Chris Perruna signals
Nasdaq closes below 200-day average

Chris Perruna notes that Nasdaq closed below its 200-day and 40-week moving averages this week.

Perruna highlights that there have been five distribution weeks in 2026, with eight out of the last ten weeks ending in negative territory, indicating potential caution for the market.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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