Daily analysis and trade setups on NASDAQ 20220809
Updated
Happy Tuesday,
Macro: US Nonfarm Productivity, Unit Labor Costs
NDX is making rounds in the zone waiting for either leak of CPI today and/or official CPI tomorrow
NQ_F's line in the sand today is 13260. Bulls want to go above 13380 and bears want to push it below 13k handle.
Buy
Break: 13225, 13350, 13435
Reversal: 13090, 13000, 12930, 12860
Sell
Break: 13115, 13020, 12950
Reversal: 13240, 13375, 13450, 13535, 13610
Green Goblin levels are here >>>
Fibonacci confluence levels are here >>>
Macro: US Nonfarm Productivity, Unit Labor Costs
NDX is making rounds in the zone waiting for either leak of CPI today and/or official CPI tomorrow
NQ_F's line in the sand today is 13260. Bulls want to go above 13380 and bears want to push it below 13k handle.
Buy
Break: 13225, 13350, 13435
Reversal: 13090, 13000, 12930, 12860
Sell
Break: 13115, 13020, 12950
Reversal: 13240, 13375, 13450, 13535, 13610
Green Goblin levels are here >>>
Fibonacci confluence levels are here >>>
Note
Levels behaved well today on #NASDAQNo #setup no #trade rule applies everyday
Only 1 trade with 65 pts
#CPI day tomorrow
This is how my levels published in the morning played out
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