savage_Trader

savage_Trader Updated 

such a big zone on ES here. 3910 - 3950 has been a pain for ES. same with NQ 12200 - 12270 been a pain on NQ. market internals are really strong for a push through this zone. we should see 3950 pretty fast if we break 3910 and then 3950 break will mostly depend on NFLX and TSLA ER's.

savage_Trader

got my scalp on NQ. 12190 to 12270 as discussed in the link.

savage_Trader

Z been consolidating and making higher lows for a month. finally trying to break out. if this sticks can see 39, 42 easy on it.

savage_Trader

AMZN trying to breakout here. Looks good for this weeks 118C

savage_Trader

Indexes are still sideways on weekly timeframe between 3640 - 3950. Its been 5 weeks for now and i think we may have another week of this chop. Market will mostly break this range after the fed meeting on JUL 27th. If we look at candle stick chart on weekly time frame, we can see that we had alternate red and green weeks and mostly closed below the 50% of the...

savage_Trader

Double inside week on SQ. Break of 60.88 to the downside or break of 66.88 to the upside. JUL 22 69C or 59P could work

savage_Trader

Good volume push from lows and then sideways action on low volume, looks really good for a breakout above 154 JUL 22 155C can work

savage_Trader

With elliot management stake news on friday. This should be ready to move higher if market acts strong. Above 21.10 looks really good. Can use 20.40 as SL JUL 22 22C can work

savage_Trader

cup and handle look. Inside week too. Could be a good long above 23.30 JUL 22 24C could work

savage_Trader

Inside week on LULU and also forming a triangle pattern. Top of the trendline and 50DMA are pretty close to each other. Most of the names had inside weeks last week and we have FED on Jul 27th. The only thing i am thinking about is if market moves past its range this coming week or the week after when FED makes an announcement but nonetheless these setups can be...

savage_Trader

Forming an Ascending triangle. I like how 50DMA and top of ascending triangle coinciding at the same place. These type of setups tend to be really powerful when they break. Jul 22 220C can work on breakout.

savage_Trader

Fundamentally really good company breaking down trend line in a strong sector. Options chain is pretty trash on it but can be a shares play.

savage_Trader Updated 

GOOGL is compressing here and i like setups which can be traded both ways. A break of the lower trendline and fridays lows (2135) should see 2113, 2100 and 2040. if the trendline holds, we can go long above fridays highs for a trade to 20 daily moving average (2235). 2217 can be minor resistance too. i am looking at 2220C JUL 8 for a long and 2120P for a short.

savage_Trader Updated 

Good volume breakout over 50DMA on TSLA. Bought some 770C JUL 15 today over 740. Lets see how it goes.

savage_Trader Updated 

Inside day on AMZN. This can be traded both ways. Break of fridays range should see good move. 118C or 112P can work for JUL15

savage_Trader

pharma is strong. MRK PFE ABBV. taking JUl 22 155C on ABBV

savage_Trader

Good accumulation volume on DDOG. Some of the Software names have been really strong. They bottomed out way before SPY QQQ. If it breaks above 112, can see 115, 118.76 fast. Want to try JUL 15 115C.

savage_Trader Updated 

SBUX getting some real good buying volumes in the base. most of the consumer services companies been doing good last week or so and some names have already broken out like MCD, WEN. SBUX might follow them. Above 80, looking at 9/16 80C PT : 83.80, 85.60 SL : 78.60