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Old 06-09-2023, 03:16 PM   #10
Blazed
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Join Date: Dec 2011
Location: Houston, TX
Posts: 3,361
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Originally Posted by Blazed View Post
It's Friday, take what the market gives. Looks like we have a good set up to the upside. Need to break and hold 4300 on SPX (429.6 on SPY) to continue up.

Be patient, trade smart and end the week good.


SPX: 4330 top (4310 > 4320 resistance) / 4300 key level / 4250 bottom (4275 > 4260 support)


Watching:

SPY - 429.61 is still my key area. Will look for a break & retest of the area. If price rejects I like puts. Will be watching intraday for good setups. 4300 is key on SPX.

TSLA - gapped up massive. Expect profit taking and a further push up.
Watching for a pull back to 245 for entry for calls

Trade recap:

Tried to post what I was doing as I was doing it. When I exited calls, when I entered/exited puts, and what I was watching for... so hopefully that helped out a little more.

APPL puts still look good, if you check out the daily and weekly we have plenty of room down. Over the next 6 months want to see AAPL around 167 or lower.

Hope everyone enjoys the weekend. Good time to get in screen time and learning.


Back at it Monday.


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