Technical Analysis:
NASDAQ is retracing down towards a daily FVG around 18766 and around this zone we see see any MSS on 1H tf with good buy momentum we can start looking for longs and target upside.
Fundamentals:
Wall Street was set for a lower open on Tuesday as investors moved to the sidelines ahead of a slew of economic data reports due through the week that could influence the extent of monetary policy easing by the Federal Reserve this year.
The blue-chip Dow DJI and the benchmark S&P 500 SPX recovered from early August's losses and ended higher on Friday, notching their fourth straight month of gains, after data pointed to a robust U.S. economy and moderating price pressures.
The Dow is at a record high and the S&P 500 is within 1% of its own milestone as markets enter into what has been a historically weak month for the main indexes on average.
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