hese pullbacks are great to add into our long portfolio. Will be looking to add into VOO, SCHD, JEPQ, QQQI/QQQM, soon. SPX under 6670, i like 6600P, above 6685, i like 6730C TSLA under 380, 370P can work, above 400, i like 410C NVDA above 183, 185C can work as a scalp, under 179, i like 175P
$SPX I’d still like to lean bearish . Bullish case Above 6683 , PT6690, 6694, 6704 Holding above 6700 can start looking for moves back to 6720s . Bearish case Below 6673 , PT6668, 6664.25, 6663, 6631.43. Just maybe 6600 eod . We shall see
Large gap down this morning (risk-off) mode currently SPX 6670 on watch, if bulls can hold above this, can test 6670, 6684, 6700, 6730, 6750 next. Under 6670 can drop down to 6640, 6630, 6600, 6560, 6550, 6525 next. Alot of weakness everywhere with possible pops being shorted. I expect a small bounce this morning with this large of a gap down, but TBD if this is really the bottom or not. LLY under 1000 can drop down to 980 NVDA under 183 can drop down to 179, 175 TSLA - brutal beating. under 380 can drop down to 373, 362, 352 next. Needs to reclaim 400 to see it back to 420 MSTR Under 200 can drop down to 187 NMSFT under 500 can test 492 META under 600 (bulls really defending this level - somewhat strength but not as strong as i like it to be), can test 583. Needs to hold 600 to test 623.
SPX under 6820, can scalp with 6770P, but under 6800 with volume, 6740P can work. Above 6850, i like 6880C. NVDA under 190, i like 185P TSLA under 420, 410P or 400P can work as a lotto for the weak due to its relative weakness MSTR under 224, 215P can work,
gap down to start this morning, SPX 6820 on watch, but most ly 6800. If bears can take out 6800, we can start to see a larger drop down to 6770, 6750, 6730, 6700, 6685, 6670, 6640 next. Above 6850 can test 6860. 6880. 6900. 6920 next. WEakness in chips, NVDA under 190 can test 186, 183, 179 next. TSLA failed that 440~437 support zone, under 420 can drop down to 415, 408, 400 next. AMZN under 240 can drp down to 238, 233 next. MSTR under 224 can test 215, 207, 200 next. Needs to reclaim 230 to test 250 MSFT under 508 can test 500, 493. Above 515 can test 525
$SPX After yesterday’s choppy movement, I’m leaning towards a bearish move , but want to stay neutral. Bullish case SPX holding this 6827 support level , upside pt 6835, 6838, 6843. Above 6850 can possibly start finding entries for more upside during the week.
SPX above 6880, i like 6900C or 6920C, Under 6850, i like 6800P TSLA above 450, 470C can work META above 630, 640C can work as a scalp or lotto 650C PLTR above 193, 200C can work NVDA above 197, 200C can work as a scalp as well.
Gap up this morning with house voting today to finalize reopening the government. SPX 6880 on watch, if bulls can sustain above, can test 6900, 6915, 6940, 6975, 7000. Under 6850, can drop down to 6820, 6800, 6770 next. That pesky TSLA, buyers held any dips near 437~440, but needs 450 to clear to see 470 NVDA above 197 can test 200 META looks ready to take out 630 premarket, if it does, can test 640, 650 level AMD strong gap up pre-market off news, AMD above 253 can test 258, 267, 272 next. MSTR above 240 can test 250, 261 PLTR above 193 can test 200
pops continue to get short so far with very low volume. DOW stocks are showing relative strength but tech getting held down. My baby tesla not holding soo hot. Can see 420 based on flow if it remains under 437. i'm still touching grass... if spy takes out LOD, watch out at 675 as the target...from 679 failure.
SPY on the 5min pops continue to get short so far with very low volume. DOW stocks are showing relative strength but tech getting held down. My baby tesla not holding soo hot. Can see 420 based on flow if it remains under 437. i'm still touching grass... if spy takes out LOD, watch out at 675 as the target...from 679 failure.