Prime Playbook
September 26, 2024 Volume 77 "Late Show Edition"
Chop, Chop, Chop, BOOM
After basing this week the market let loose today, well overnight, gapping up bigly before filling the entire gap and getting a bit of bounce in to close.
Tomorrow there is PCE data, but I’m not sure how much that will play after just getting the rate cut, however the market makers always have their tricks up their sleeves, so just stick to the charts as usual.
It’s Lotto Friday time. This is what we do best, so set your alerts and let’s bank!
My Charts
Over Green line = Entry for Calls
Under Red line = Entry for Puts
Dotted Blue line = Price Targets
Blue Boxes = Demand Zones
Red Boxes = Supply Zones
Price targets are not the same as option strikes.
Price targets are where I believe the chart can/will go.
The strikes I suggest are what I think provide the best risk/reward to make money.
Let’s get paid!
ARM
ARM 0.00%↑ daily breakout with the retest of the trendline to close out the day. This is a name that brings a lot of volume at open, so if you play this right your day could be over with big bags real fast tomorrow. Here’s the plan:
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