Nasdaq (-1.60%) began the day on a positive note, even before the FED news, but the last hour of trading was brutal, sending the price lower to close the previous day's gap. The high of the day was in a resistance area and some sell-off was not out of ordinary. Watching yesterday’s high vs. key averages and recent lows.
Trading Plan: 23 March 2023
Trading Plan: 23 March 2023
Trading Plan: 23 March 2023
Nasdaq (-1.60%) began the day on a positive note, even before the FED news, but the last hour of trading was brutal, sending the price lower to close the previous day's gap. The high of the day was in a resistance area and some sell-off was not out of ordinary. Watching yesterday’s high vs. key averages and recent lows.