TRADE PLAN for Thursday 📈
$S&P 500(.SPX)$ is still trading in a range from 7500 to 7600 the past 4 trading days. Watch to see if SPX can breakout above 7600 in the next 2 days.
SPX July 17 7620C is best near 7600
$Meta Platforms, Inc.(META)$ +20 on the day today. META to 700 inbound if it holds above 675 over the next 2 days
META July 17 690C is best above 680
$Invesco QQQ(QQQ)$ dropped to 710 and closed at 717, if QQQ can get back to 722 we'll see a move to 726,731 again. As long as QQQ can hold 712 it still looks bullish this week.
Chip stocks and Memory stocks had a weaker day today. We saw a bit of rotation into the Mag 7. Let's see if MU can get back to 1k next week.
Good luck everyone!! 🫡
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