


AMEX:SPY How interesting that we traded completely within the bear gap yesterday . First time above the 50 Day moving average in quite a while. 50 Day MA pointing us lower along with the 1hr underneath us. Let’s go. Today’s Range looks like a fun way to close the week.
Resistance and Downward Momentum at the Top of the Gap, which is also the top of Friday’s Implied move. I took 5645/5675 0dte bear call spreads, 1/4 width to start and so far so good. Let’s see if we get the downward pull of todays trading range here.
NASDAQ:QQQ APRIL 28 2025 Nothing about this trading range looks easy. Look at that!!
Last week we had a from bottom of the week on Monday to top of the week on Friday an 8.25% move We opened the week with a gap down and dropped hard on Monday - and then up from there. Tuesday gap up Tuesday was TSLA earnings in after-hours. Gap up Wednesday then drop back down to the 35EMA and a pretty solid squeeze into the end of the week. So do we get...
The 35EMA across timeframes really doesn’t disappoint. This is the Daily timeframe. We had the 1hr 200MA, the Downtrend Line off of all time highs, and the 35EMA on the daily timeframe. We were not going anywhere. And add to that the MASSIVE bear gap. Good Job today if you guys took any of the trades I posted either here or on the video last night - every one...
The DOW closed near the bottom of the implied move yesterday and today we gapped up - so let's go.
Today's Trading Range and we also have TSLA Earnings in afterhours and the implied move for that was in today's video.
TA +options never ceases to amaze me. This was the implied move for Netflix on Friday And check out the after-hours price action. It hit the top of the implied move and pulled back a little. Top of the implied move was 1022 - after hours high? 1024. So beautiful!!
Last week we had a shortened Trading week because of Good Friday. We opened DIA with a gap up and over the trump tweet gap and we were met with resistance right at the downward facing 30min 200MA You can see the three arrows all week — you don’t want to go long at a downward facing moving average. Wednesday UHC and Jerome powell both took a toll on the Dow,...
Last week we had a shortened Trading week because of Good Friday. We opened last week on Monday with a gap up right into the bear gap and got pushed out. From there we dropped down to the 35EMA and bounce there to just underneath that bear gap again. Tuesday tried to get further into that gap and got pushed out again. Wednesday and Thursday we regrouped...
Last week we had a shortened Trading week because of Good Friday. We opened last week on Monday with a gap up right into the bear gap and got pushed out. From there we dropped down to the 35EMA and bounce there to just underneath that bear gap again. Tuesday tried to get further into that gap and got pushed out again. Wednesday and Thursday we regrouped...
Last week we had a shortened Trading week because of Good Friday. We opened the week with a gap up and got a rejection at the 30min 200MA. ++ You typically don’t want to go long at a downward facing moving average. ++ And this did play out all week. We got rejected at the downward facing 200MA on Monday, again on Tuesday. On Wednesday we gapped down...
Last week we had a shortened Trading week because of Good Friday. We opened the week with a gap up and got a rejection at the 30min 200MA. ++ You typically don’t want to go long at a downward facing moving average. ++ And this did play out all week. We got rejected at the downward facing 200MA on Monday, again on Tuesday. On Wednesday we gapped down (UHC...
Last week we had a shortened Trading week because of Good Friday. We opened the week with a gap up and got a rejection at the 30min 200MA. ++ You typically don’t want to go long at a downward facing moving average. ++ And this did play out all week. We got rejected at the downward facing 200MA on Monday, again on Tuesday. On Wednesday we gapped down (UHC...
NASDAQ:NFLX - EARNINGS - Expected Move 50DMA & 30min 200MA Pointing down, huh? 😏
That was awesome!! I had spreads here at the bottom 3 dollar wide 442/439 which filled end of day before swinging back in.
Awesome drop all the way down to the bottom of the implied move. The spreads I suggested in last night's video filled at the end of the day and closed up 100% 🙌🏼 Let's do it again tomorrow!!
Today’s Trading Range has Downward pressure from the top - you can see it in the way the moving averages come down and their angle. The implied move is 5320-5475 today (1.35%) 5295-5500 tomorrow (1.88%) And 30 day average volatility 5205-5590. (3.53%) That spreads am I looking to today? 5320/5296 Bull put spreads feel too close for me… But I’m still keeping...