Trading Plan: 13 October 2022
@Lauritzen:
Nasdaq (-0.09%) closed under the June support, but not with important volumes. This indecision move might be a result of today CPI’s data. Nothing new regarding the price action, all scenarios are possible: bearish and continuation vs. the 10.000 level vs. a reversal from this support area. $NASDAQ(.IXIC)$ SP-500 (-0.33%) closed in the same area as the last Friday’s low. News is pending, no need to make bets and the volatility might be high. Watching the marked levels for clues. And of course, the amplitude of the moves by assessing the volumes. $S&P 500(.SPX)$ In the newsFed officials expect higher rates to stay in place, meeting minutes show.Microsoft cloud leader Scott Guthrie says compa