Prime Playbook

August 4, 2024 Volume 63 "Heading South Edition"

Heading South For The Summer?

FLYING downward in to the market abyss is more like it. No brakes.

The market continues to be a roller coaster, with more downs than ups (unless we are talking VIX, because that just continued higher non stop last week). The week ahead is already looking gruesome, with the Japanese market in a free fall overnight. ES Futures are down almost 70 points as I write this.

We are seeing very rare volatility at this point, and where we closed on Friday with individual stocks may be greatly different when we open tomorrow.

I am publishing what I see as great setups based on charts as I always do. You may find that my entry levels are “gone” on some of my ideas when the market opens tomorrow, but that’s ok. You can use my price targets as S/R levels, look for retests, completion of structure, and other things with what is in the stack. If you don’t know how to do that, sign up for a lesson!

Use caution this week. We have lots of earnings on the slate again, and contracts will be expensive as well. Ok, let’s get to the show!

---

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!

---

---

DE

DE 0.00%↑ weekly with a pretty repeatable bull flag pattern here going back nearly 2 years. This tells me that this demand area has been pretty rock solid, so I’m looking at it to see if the buyer wall continues this week, or do the bears finally break it down. Here’s my plan.