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TradingIndian
Sep 7, 2022 11:02 AM

Daily analysis & day trading setups NASDAQ NQ_F NDX 07 Sep 22 

US Nas 100OANDA

Description

Happy Wednesday,

Yesterday's candle needs resolving on NASDAQ. One way or the other.

On the upside, 12 060, 136, 220, 282 & 373 needs to be taken out to get bulls in control.

On the downside, 11 927, 844, 766, 697 & 606 needs to be taken out to get bears in control.

Macro GB BOE MP Report, Bailey Speech, EU GDP, US Trade Balance, Fed Brainard Speech, Fed Beige Book, CAD Interest Rate

Buy
Break: 12 066, 125, 215
Reversal: 12 005, 11 910, 836, 746, 660

Sell
Break: 12 016, 11 925, 848, 764
Reversal: 12 076, 140, 234, 385

I regularly publish my daily analysis & trading plan for day trading setups. The links are here:




Green Goblin levels are here >>>


Fibonacci Confluence levels are here >>>

Comment

NASDAQ turned bullish today breaking one level after the other from the trading plan. Worked well for trading setups

This looks very artificial price action because it defined many long standing rules of movement I have seen. But then who I am I to challenge Mr Market

We trade the levels. Trend does not matter. Buy above levels and sell below levels.

Levels on the chart


Zone Chart


Green Goblin Chart


Fibonacci Confluence chart
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