Daily analysis and trade setups on NASDAQ 20220805
Updated
Happy Friday, Happy NFP Day,
Macro: US NFP
The real battle now in NASDAQ is to keep it above 13200 or bring it down below 13160. We saw this battle play out in the last 3 days. Is NFP a catalyst in breaking one or the other?
This is one NFP where heart tells me to look for short trades and mind tells me to look for long trades.
Buy
Break: 13310, 13380, 13450, 13560
Reversal: 13200, 13160, 13110, 13040, 12970
Sell
Break: 13260, 13180, 13150, 13100, 13030
Reversal: 13360, 13430, 13540, 13630
Green Goblin levels are here >>>
Confluence fib levels are here >>>
Macro: US NFP
The real battle now in NASDAQ is to keep it above 13200 or bring it down below 13160. We saw this battle play out in the last 3 days. Is NFP a catalyst in breaking one or the other?
This is one NFP where heart tells me to look for short trades and mind tells me to look for long trades.
Buy
Break: 13310, 13380, 13450, 13560
Reversal: 13200, 13160, 13110, 13040, 12970
Sell
Break: 13260, 13180, 13150, 13100, 13030
Reversal: 13360, 13430, 13540, 13630
Green Goblin levels are here >>>
Confluence fib levels are here >>>
Note
#NASDAQ Daily Analysis 20220805 ClosingPublished Daily analysis levels played well. Buy zone 0 not required. Buy zone 1 to be 10pts lower
#WinningFriday with 390 pts on #NQ_F
Thank you Mr. Market
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