PlanTradePlanMM

PlanTradePlanMM Updated 

Waiting for a pullback to test the hourly demand zone (88-90), prepare to long. It will form a revised head and shoulders pattern. price must down to 89.8 and above 88; Stop or market buy at 90; Stop 87.5; target1=98. risk/reward =1.5/8=1:5.3 target2=106 risk/reward =1.5/16=1:10.6

PlanTradePlanMM Updated 

In a weekly chart, DIS is in downtrend consolidation. This plan is to short at hourly supply zone. First supply zone, use confirmation entry: Price needs to go above 118, and not over 120, when it goes down, Stop Short 117.5 Stop 120 Target:99.5 risk/reward=2.5/18=1:7.2 2nd supply zone, use Limit entry: Limit Short 122.5 Stop 125 Target:99.5...

PlanTradePlanMM Updated 

This is one of the images in my vision. I have provided another different image of Elliott waves. see attached link. In this image, SPY might be a "V" reversal pattern. See left 3 samples in SPY daily chart: Dec. 2018; Jun. 2019; Oct. 2019; SMA200 will become support once the price is above it. "V" reversal is one kind very strong trending pattern. In all these...

PlanTradePlanMM Updated 

Condition: If SPY could conquer the 290 quickly, which shows SPY in V reversal pattern. If SPY is in side way or down trend, don't take this trade. AMD is relatively stronger than SPY. It will have better chance to go up. AMD price must go above 52 first, and down below 48; If AMD cannot pass 52, the next down target is 36 and 32 (two fresh demand zones below...

PlanTradePlanMM Updated 

SPY at 261 is fresh demand zone. Prepare to long here, target is 285. 245 is the next fresh demand zone. Sell to open next month (Apr) SPY 245 PUT ; It should be more than $1000 per contract; None stop, Willing to be assigned. Cost is less than 235 per share. Only need 12,000 cash. #1 After this entry, if SPY will go down to 235, which is down more than...

PlanTradePlanMM Updated 

Condition: SPY at the demand level 271, or SPY the demand level 261, or SPY daily chart is in uptrend. *** If SPY is in downtrend and not at any demand zone, don't long LVS. *** LVS at demand zone, prepare to long when price goes up to 49.10; Stop Buy 49.1, stop 47.3, target1=59, target2=63 Plus: If SPY bounces up from 271. LVS may form double bottom. If a Gap...