Prime Playbook

September 15, 2024 Volume 74 "Executioner Edition"

How Low Can They Go

The entire world is waiting on Wednesday to see if Daddy Powell finally brings his ax to the table and starts chopping down the interest rate. He has been the world’s biggest prick tease for far too many months, so everyone is seemingly betting the farm that they finally cut.

Ok, so if they cut, it will be a max of .50 in my opinion. What does that really do for you? Not much…but they will make it sound like the entire country won the lottery. That will be mixed in with a ton of other data all week long. It is also OPEX week, so the good old “fuckery” should be expected.

I call that distraction city. Aside from the comedy of the FOMC presser, just focus on charts and play the setups in the Stack. I’ve got another edition loaded with charts and trade ideas, so set your alerts and let’s attack this week!

---

ONE ON ONE Lessons

Primerano40x 1 on 1 Appointment Schedule

---

Annual Subscription Money Back Guarantee!!

If you don’t make back your ANNUAL subscription fee ($200) in 1 month, I will refund your money AND YOU KEEP your subscription.

ZERO RISK - WHO ELSE DOES THIS??

Valid on new annual subscriptions only. First month defined as first 8 issues from start of annual subscription.

---

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 BANK!

---

---

TXN

TXN 0.00%↑ 4 hour chart. Descending triangle testing the upper trendline in to close on Friday. This is not the first name most think of when it comes to AI, but they are a big player. A breakout here can see a nice rip to the upside. Here is what I’m watching this week: