*disclaimer: Not financial advice. This is my personal trade plan only. I am not qualified or licensed to advise anyone on their specific positions or trades, I am sharing my personal opinions only. Never make financial decisions based on any information on this site or any associated platforms. Always consult a professional for investment related advice and do your due diligence*
Futures:
The bears have their biggest opportunity in quite a while… If they can gather some downside momentum overnight, we could finally see a ‘real’ pullback. The 50MA on $ES will be a big spot, I’m watching carefully. Of course, we’ve seen what the bulls can do when the bears fail, so staying nimble is a must.
$ES (View)
$NQ (View)
$RTY (View)
Setups:
$NQ (View)
- BIG opportunity for a short overnight. I’ll be looking for corrective action into 15,430 to enter short with size – or enter on the break below 383.
$BA (View)
- Looking for a corrective move to $214 for a short opportunity. This one has been elusive, but I have been (and will continue) waiting patiently for the right setup – this may be that opportunity.
$AFRM (View)
- The amount of options flow this has been getting is too significant to ignore. I’m looking for a C of (4) with a possible gap fill to enter long. My entry will be sized as a lotto due to the significant volatility with this name. I will likely take 10/15 calls.
$SQ (View)
Macro (View)
- Watching $SQ for relative strength tomorrow. I will be looking to start a swing position if it can hold the 240 area. This has major potential to outperform over the next few months.