Trading Plan: 11 August 2022

Nasdaq (+2.89%) gapped up and continued higher after the news. Good volumes to the upside, it seems some institutions are coming back in. Watching the area between the recent support (12400) and resistance (13000).

SP-500 (+2.13%) had a breakout above its June resistance and closed at the highs of the day. The next step is the SMA200 which is the next target. Also, keep an eye on the old resistance which is now…