TRADE PLAN for Tuesday 🔥
Hello everyone! Today i want to share some trading strategies with you!
$S&P 500(.SPX)$ tried to break lower again today but held up decent, rallied back near 7400. SPX dropped 150+ pts from the all time highs. If SPX gives up the 7360 support it can drop to 7271 next. Calls can work above 7400
SPX May 20 7450C can work above 7400
$Micron Technology(MU)$ also on the backside of a run since moving from 311 to 817. MU to 600 in play next if it can't reclaim 700 this week. It's possible we see MU back near 532-550 if the market sells off into June.
MU May 22 620P can work under 669
$Invesco QQQ(QQQ)$ if it fails to hold near 700 this week, it can drop to 690,684. Puts can work under 700 for tomorrow. QQQ needs to hold near 705 to set up for 709 again. Calls can work above 705
Be careful trading the upside the next 2 weeks. Good luck tmrw everyone!! 🫡
😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance.
🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!
Hot Merch Returns · Up to 43% Off
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
