TRADE PLAN for Tuesday ✅
$S&P 500(.SPX)$ consolidation day after gap up. SPX still held above 6000. Most likely we see another range day before FOMC on Wednesday. I'd be patient and wait until Thursday before trading SPX. That's when we'll see the real move. SPX needs to hold 6600 after FOMC to remain bullish. If SPX breaks 5568 it can test 5528
$Tesla Motors(TSLA)$ 424 to 402 intraday. Let's see if TSLA can backtest 400 and hold before considering calls again this week.
TSLA Sept 19 410C can work near 400.
$Palantir Technologies Inc.(PLTR)$ closed near 171 today. PLTR through 171 can run to 174-175 range
PLTR Sept 19 175C is best above 171 near FOMC.
The price action can be more tricky BEFORE FOMC. So I'd wait before getting aggressive with your positions. Not the time to take any big risks. Good luck tmrw everyone!! 🫡
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