TRADE PLAN for Wednesday ✅
TRADE PLAN for Wednesday ✅
$S&P 500(.SPX)$ weak price action today after stopping under 6700. SPX under 6640 can test 6600 next. I'd avoid calls under 6640 this week.
SPX Sept 25 6600P is best under 6440
$Invesco QQQ(QQQ)$ under 597 can test 593,590. I'd avoid calls under 597 this week.
QQQ Sept 25 595P is best under 597
$Tesla Motors(TSLA)$ that 440 has been tough the past 2 days. TSLA needs back above 430 to start a bounce now. I'd avoid calls under 430 this week
We started to see the first signs of weakness today. Is this the start of a deeper pullback or a one day sell off. We'll find out tomorrow. Good luck everyone!! 🫡
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