Nasdaq (-0.85%) gapped down and closed the day forming a Doji candle. This might suggest indecision… towards the bearish side. After another distribution day, we can only observe the price action and keep looking for clues: above Tuesday’s high or yesterday’s low. Watching the marked levels as well.
Trading Plan: 20 October 2022
Trading Plan: 20 October 2022
Trading Plan: 20 October 2022
Nasdaq (-0.85%) gapped down and closed the day forming a Doji candle. This might suggest indecision… towards the bearish side. After another distribution day, we can only observe the price action and keep looking for clues: above Tuesday’s high or yesterday’s low. Watching the marked levels as well.