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See the 3 indicators flashing for the first time since 2008

Exclusively for Pro Subscribers: The Nasdaq could be primed for huge gains after reaching a dire milestone

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Exclusively for Pro Subscribers: The Nasdaq could be primed for huge gains after reaching a dire milestone
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Traders work on the floor of the New York Stock Exchange

Traders work on the floor of the New York Stock Exchange

Spencer Platt | Getty Images

The Nasdaq Composite is performing at one of its most “miserable” levels ever and one not seen in more than a decade. The good news: That usually gives way to an upswing.

 

The composite was down for the fifth day in a row on Tuesday. It’s down more than 30% so far this year, and also hit a new two-year low. It’s the first time these three indicators have flashed together since the 2008 recession. And it’s only the sixth time since the composite launched in 1971.

 

Subscribe to CNBC Pro to see a history of Nasdaq bounce backs, and the 3 conditions historically met in order to see a bounce back.

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Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis.

 

Data also provided by THOMSON REUTERS

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