Trading Plan: 1 September 2022

Nasdaq (-0.56%) continued its downtrend and closed weak with no signs of a pullback at the close. Still, Tuesday’s low still stands, but everything is possible. Watching the marked levels for now and looking for price action in order to get new clues to identify the next leg.

SP-500 (-0.78%) undercut Tuesday’s low and closed weak. Watching the marked low for now, not a strong support. There are more chances to…