Trading Plan: 27 March 2023

Laurentiu Chisca
6 min readMar 27, 2023

Nasdaq (+0.31%) had an inside day with low volumes. It seems the traders are still waiting for a direction. The overall reaction to the FED news is not bad, but watching and waiting for a direction is paramount now. The price is above all the key averages and might test the recent highs or even the next resistance at 12,100–12,270. As always, be prepared for the red scenario by watching the averages and last week low at 10,985.

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Laurentiu Chisca

Trend Following Trader. Passionate about stock market, curious about new technologies and avid learner.