Trading Plan: 22 November 2022
Nasdaq (-1.09%) closed at the recent support and above the SMA50 and EMA21. The low volumes might suggest a pause and a digesting after the advance. Anyway, we are not out of the woods yet and watching the marked levels is very important during these times.
SP-500 (-0.39%) is consolidating and it seems the price is preparing to offer us more clues when it clears the recent small channel. It is constructive…