US Nas 100
Updated

Daily analysis and trade setups on NASDAQ 20220728

51
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 >>
snapshot

Green Gobliins chart is here >>>
snapshot

Confluence level chart is here >>>
snapshot
Note
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

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.