Trading Plan: 10 November 2022

Nasdaq (-2.48%) after the Tuesday rejection, the price continued lower towards the lows. The new distribution day can signal a stronger move towards support or even a support break. Watching the supports and 10000 level.

SP-500 (-2.08%) lost its EMA21 and SMA50 and headed south. Today is CPI day, so everything can happen. If the data are not as expected, we might see lower and lower prices. But, remain open…