TRADE PLAN for Thursday 📈
Hello everyone! Today i want to share some trading strategies with you!
The price action in both $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$is getting tighter this week. We should see an expansion out of this range in the net 2 days. If you see $SPX reclaim 7700 and $Invesco QQQ(QQQ)$ reclaims 712, it's RISK ON for the upside.
$S&P 500(.SPX)$ to 7745-7550 and $Invesco QQQ(QQQ)$ to 715-718 in play once the levels above line up.
$Dell Technologies Inc.(DELL)$ up 15% after earnings today. Possible this runs to the all time high at 514 by Friday. IF you see a dip near 480 tomorrow I'd consider calls.
$NEBIUS(NBIS)$ is also winding up for a push to 220 if it can defend 200 into Friday. Calls can work above 200 for NBIS.
The big events for September is CPI on Sept 11 and FOMC on Sept 16th. After the 16th we'll see a much bigger move in the market.
Good luck everyone!! 🫡
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