NFP breakout incoming? Market Analysis and Key Levels for Aug 7, 2026

In this video, we discuss:

• Index Structure on hourly timeframes

• Key intraday levels for QQQ, SPY, and SOXX

• Scalping Gameplan for the day

• Intraday trading plan for Gold

Here are the timestamps for the video:

• 00:00 Market Context and QQQ Levels

• 01:48 SPY Levels

• 02:56 Scalp Gameplan

• 03:24 NQ and ES Levels

• 04:12 SOXX Levels

• 04:49 Gold Levels

Today’s levels summary:

• QQQ

  • Between 713-719 => Neutral

  • Bullish above 719 => 722, 725, 728

  • Bearish below 713 => 710, 707, 704

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