Daily analysis and trade setups on NASDAQ 20220728

28 Tem 2022

Happy GDP Day

NASDAQ has turned bullish in the short term. However, it needs to keep moving above 12530 and then break 12590, 12670 to confirm the bias

Macro: Personal consumption expenditure, GDP, jobless claims

Blue levels B & C are largely in play.

Buy
Break: 12550, 12590, 12670, 12800
Reversal: 12420, 12380, 12280, 12200

Sell
Break: 12480, 12435, 12370
Reversal: 12590, 12680, 12700, 12810, 13020


High level chart is here >>


Green Gobliins chart is here >>>


Confluence level chart is here >>>

28 Tem 2022

Not

This is how my daily analysis levels performed today.

4 Winning Trades with at least 3:1 R/R
1 Losing Trade with 1R
Net 11R if you traded 3:1 R/R only