Daily analysis and trade setups on NASDAQ 20220721
NASDAQ is likely to consolidate between 12300 and 12700 levels unless PMI data or Friday golden hour breaks one of the sides
Blue level B & C as well as mega level Brown B are in play
Break below 12400 can go as low as 11950
Break above 12650 can go as high as 13060
Buy
Breaks: 12600, 12650, 12710, 12790
Reversals: 12460, 12375, 122215
Sell
Breaks: 12500, 12465, 12350
Reversals: 12700, 12815, 12910, 13030
Chart with Green Goblins here
Chart with confluence zones here
Blue level B & C as well as mega level Brown B are in play
Break below 12400 can go as low as 11950
Break above 12650 can go as high as 13060
Buy
Breaks: 12600, 12650, 12710, 12790
Reversals: 12460, 12375, 122215
Sell
Breaks: 12500, 12465, 12350
Reversals: 12700, 12815, 12910, 13030
Chart with Green Goblins here
Chart with confluence zones here
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