TRADE PLAN for Thursday 📈

EliteOptionsTrader
14:43

TRADE PLAN for Thursday 📈

$S&P 500(.SPX)$ another consolidation day today near 7700. SPX needs to get back above 7745 to start looking at calls. if SPX starts to fail, we can see 7620 again.

$Invesco QQQ(QQQ)$ is stuck under 722, once it reclaims this level it can pop back up to 726-730. If 712 fails it can drop to 707.

$Bitcoin(BTC.USD.CC)$ finally starting to show some signs of life after ten months of consolidation. IF BTC can reclaim 72k it can move to 80k again.

$Strategy(MSTR)$ to 115-120 if BTC runs to 72k this month.

Chip and memory stocks are still consolidating the past few days. We need to see

$Micron Technology(MU)$ back above 1000 and $SanDisk Corp.(SNDK)$ above 1700 to see memory lead again.

Good luck tmrw everyone!! 🫡

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