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 >>
Green Gobliins chart is here >>>
Confluence level chart is here >>>
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 >>
Green Gobliins chart is here >>>
Confluence level chart is here >>>
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