Nasdaq (+2.48%) made an impressive move yesterday with a little bit more than average volumes. The wide range bar that ignited from EMA21/SMA50/SMA200 might signal a good momentum, but do not forget the economical situation is not a good path at least yet (inflation, banks issues, rates, etc.). Looking for continuation while keeping an eye on the main averages level.
Trading Plan: 17 March 2023
Trading Plan: 17 March 2023
Trading Plan: 17 March 2023
Nasdaq (+2.48%) made an impressive move yesterday with a little bit more than average volumes. The wide range bar that ignited from EMA21/SMA50/SMA200 might signal a good momentum, but do not forget the economical situation is not a good path at least yet (inflation, banks issues, rates, etc.). Looking for continuation while keeping an eye on the main averages level.