TRADE PLAN for Tuesday 📈 $SPX

TRADE PLAN for Tuesday 📈

$SPX just finished up a 4th day of consolidation above 7700. The market may not break out of this current range until after CPI data premarket on Wednesday. MOST likely we see another range day tomorrow so just wait until we see CPI data before trading this week. SPX needs through 7800 to test 8000.

$MU every pop higher gets sold near/above 900 the past week. Until we see MU close above 900 and hold for at least 3 trading days, Avoid trading the upside for it.

$QQQ all time high is at 748. QQQ closed at 720.87 today. QQQ can trade in a wide range from 712-748 for now. It's a risk off environment for Chip and memory stocks until we see $MU and $SNDK lead again.

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