The September NASDAQ 100 was lower overnight as it extends this week's decline. Stochastics and the RSI are oversold but remain bearish signaling that sideways to lower prices are possible near-term. If September extends this week's decline, the reaction low crossing at 1801.75 is the next downside target. Closes above the 20-day moving average crossing at 1908.45 would confirm that a short-term low has been posted.

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