- Very High chance that price will make it to ATH (All time Highs) Next week. Price action has been strong and bullish. - Remember, In order for a valid breakout to be confirmed we need a clear break and retest or a strong close above $565.16. - Price can also reject from all time highs which is also possible as we can see the buying volume has been dying down...
- Massive panic sell off last week and a quick quick recovery BUT we are still overall red for the month - If price makes higher highs above $534 lvls we most likely will keep pushing higher so we will look for calls - IF price rejects and starts to make lower lows as well as retest previous demand zones then we should look for puts - KEEP IN MIND there is PPI...
Looks like the markets will continue to be pumped till the elections. we will still continue to focus on the OVERALL trend and pay attention to intraday levels The only thing I see here is a move back towards all time highs... If we have any rejections off res levels we can easily play targets to the downside. Now that we have our charts marked its just a...
- Watching for a bounce or break off the gap - If you've been holding any shares sell some now and get ready to buy in again on the next dump. IF you're in it for the long run (5-10yrs) then keep holding - Market keeps squeezing to the upside so we have to be careful when playing puts, we want to stay on the long side as much as possible - Less set ups when...
- Looks like we have officially broken ATH on the Daily, Now we have the moon to hit. Although this might be influenced by the elections or other events, household debt and credit card debt is also at all time highs. so we need to be careful making new investments now. - I am looking for a retracement back to our zone or a set up towards newer highs - We will...
- Price has tested the 475 - 479 zone and rejected for now. - We also may notice price has made higher highs, so only until we make a lower low then we can switch bearish. - If price breaks below our 473 zone we need to wait patiently for a set up before entering puts - short week Markets were closed Monday so we must stay vigilant - Banks also report...
We have had a long long break boys and and we are getting back active very soon. We must pay close attention to this support level closely and analyze how price respects this zone.
We follow the game plan here we will wait for a minor bounce off the $419.88 demand zone for a retracement and then we are back to PUTS. Keep in mind these are daily candles so we will crack down to the 30m and 15m to look for set ups and entries
We are watching this demand zone either we bounce or break! Same thing as last week we are waiting for this zone to be broken! Key lvls to watch: - $430 - $429 zone: We are watching the bounce or break here. Price action here is us there's some selling pressure so we have an open position here with a 20% stop loss. - $426.06 has been a major support so we will...
We have had a relief rally here last week of non stop pumping, premiums get spiked up and we can't really make much, now put options are cheap and we can look for an opportunity on some puts BUT, keep in mind that we are still fussin around with the $429 $430 ZONE and we need to give it a day or 2 to wait for some clear direction. 2 things to watch - The $429...
The trends for SPY are becoming more evident - it has pierced through the 430 zone and got liquidated at the 426.06 support on larger time frames. The price hasn't completely overridden that support yet, which makes this a crucial aspect to monitor in the upcoming week. It will clarify whether this is a bounce or a retracement. I drew circles as a simple way to...
Key lvls to watch: 429-430 demand zone: Analyze how price reacts around this area and make sure we are ready to play the BOUNCE (calls) OR play the BREAKOUT (puts) Remember we stay patient and take our small 20% gains but some trades we leave runners and get blessed with those big breakouts every once in a while Big watch on this zone break there is a GAP...
As you can analyze from last week below this zone we DUMPED to our sniper support at $442.94. We are now looking for a pullback retest of the purple 450 zone and then we can go for some more lower lows. I opened a starter position this is more of a longer swing Analysis like this gives you an overall outlook of the market for example: Now we know that a...
We are now above the purple zone (448 - 450) and we are heading to the next zone (456 - 457). We need to keep into account that there is a Gap fill $453.52 to $456.05 , very easy play once price reaches those levels. Easy play for some calls. Here are some things to keep in mind: - We must wait for confirmation or a valid set up to enter - If we notice price...
As we can see AAPL is stuck in a consolidation zone here, We need to see a clear breakout with confirmation in order to see a move. I believe it will be slow till Thursday Unemployment claims. Sitting cash till this confirms
- if we break above this $431 lvl we are looking to make a massive move to the upside. Next weekly level of resistance is $461 - the move I’m expecting is a retracement and a retest of 431 resistance - watch and analyze price as Monday comes. If it starts to look like a rejection we look for puts. If we notice strong bullish momentum we continue to go for calls...
Developed a nice little zone here, Waiting for price to break below this zone... Looking for an entry around $91.52 for puts
We have pretty much been stuck in this zone for a couple of days not and yes it is getting frustrating. BUT we need to wait for a break above our 412 413 zone and target the 417 419 zone. If we reject 412 413 we need to confirm below 410.09 NO TRADING IN BETWEEN 1) My set up: Waiting for a break below 410.09 to confirm a lower low and also a confirmed rejection...