Be 💧 and follow price action. Trim and take profit!
https://preview.redd.it/p79ifb1czto81.png?width=1358&format=png&auto=webp&s=74613f83ddc19b907c8b8a38b5bb86f4b9851d40
- Lose 896.90 and look for 889.05 – 883.47 – 876.35 – 872.01 – 866.05
- Break 930.15 – 935.00 and look for 943.46
- Break 943.46 and look for 951.89 – 955.55 – 962.05 – 968.98 – 976.10
https://preview.redd.it/d5k4vo8ezto81.png?width=3412&format=png&auto=webp&s=df173c09c70ecdf0795e92d97ff076ca22361c31
Consolidation Breakout
- Bullish bias 🎯 : 936.38 – 948.71
- Bearish bias 🎯 : 897.91 – 885.42
https://preview.redd.it/8gxmzwdgzto81.png?width=3412&format=png&auto=webp&s=ebcb97457034e4748d3d990b2a994a3a8e6f07cd
- If we break 963.42 this week we could run to 1069.63 – 1175.10
- Also, I wouldn’t be surprised if we backtest 886.65 – 856.02
- Lose 856.02 and 752.02 could come quick.
https://preview.redd.it/b1hk2aeizto81.png?width=3412&format=png&auto=webp&s=3003e7fc8dbdb35d1980ee6edbd31de34b0d9427
- 15 min. MACD bearish diversion – something to keep an eye on.
https://preview.redd.it/lopdi1okzto81.png?width=3412&format=png&auto=webp&s=d55e55a986596022910c1856f6e357a63a60bd78
- 65 min. RSI overbought – Looking for potential downside in the AM tomorrow at least. However, daily RSI is bullish to neutral.
https://preview.redd.it/fi5auarmzto81.png?width=3412&format=png&auto=webp&s=422c8d21fa9fe5e6ddb50a2638c731d905026bbb
- On a 1-Day scale I’d like to see calls above 0.
https://preview.redd.it/yhyk27zozto81.png?width=2000&format=png&auto=webp&s=4815e6995e41068977a16ed0eb283915529fc90f
- On a 5-Day scale I’d like to see puts to stay under 0.
https://preview.redd.it/tsfmjh9rzto81.png?width=2000&format=png&auto=webp&s=c95ae0a0c931a6233fea31d351c01d1653833dc3
Positions: All cash rn in this 🤡 market. Did play FB and SPY calls.
https://preview.redd.it/4cwqtks00uo81.png?width=1456&format=png&auto=webp&s=c1a578362ba6f6faea2f217c024c1c1a559ba6c4
Thanks for reading,
🌝NightMan