Daily analysis and trade setups on NASDAQ 20220729

29 Tem 2022

Happy Friday & Happy End of the Month Day

NASDAQ is firmly in a position to continue rally provided it continues to HH/HL above 13050

The point to note is that this is the last trading day of July 2022

Macro: Core PCE, PI + PS, Chicago PMI & Michigan CSI

Buy
Break: 12950, 13050,13110
Reversal: 12770, 12670, 12590, 12430, 12270

Sell
Break: 12800, 12640, 12580, 12475
Reversal: 12950, 13060, 13125, 13220, 13415

Fib levels are here >>>


TI Fibs Confluence levels are here >>>

29 Tem 2022

Not

Levels played excellently today.

Winning Trades
Long Trade #1: 6.7R - 201 pts
Short Trade #2: 6R - 120 pts
Long Trade #3: 9R - 180 pts

Losing Trades
Short Trade #4: 20 pts

Profitable Friday
481 pts - Average 6.9R