*disclaimer: Not financial advise. This is my personal trade plan only. I am not qualified or licensed to advise anyone on their specific positions or trades, I am giving my personal opinions only. Always consult a professional for investment related advice and do your due diligence*
$ES_F 2H (View)
After failed breakout attempt, we find $ES right back at the pivotal 4190 level. A break of 4178 unlocks the path to 4000 putting the bears back in control.
$NQ_F 2H (View)
Nasty bull trap at the open today, at the moment it appears the WXY bearish count is once again in play. Below 13,448 the selling should accelerate. If bulls are going to save this one they’ll need a huge bounce from 13,500.
$AAPL 1H (View)
$AAPL continues to look extremely weak. I expect the bear flag to break tomorrow, in which case I will take weekly puts with a target of 122. From there I expect the wave 2 bounce to $125-126 where I will look for the swing short trade. IF we are so lucky as to see a wave c bounce to $125 tomorrow, I will happily enter July puts at that level, assuming the $NQ and $ES counts align.
$AMD 4H (View)
Clean .618 rejection today, it appears $AMD is ready for the last leg down. I’ll most likely be taking 7/16 $75 puts at market open.
$PLTR 1H (View)
While large caps look awfully bearish, small caps/growth look surprisingly strong. $RTY_F is showing relative strength and $PLTR looks very impulsive. I want to approach this setup with caution, but will be looking for a bounce from $22.75 with stops at $22.40. There may be a rotation occurring from large caps to the smaller growth that’s been beaten down for the last few months, so $PLTR has the potential to run inverse to names like $AAPL $AMZN $NQ_F etc.