3 Ring Circus
Ok, let’s state the obvious: trading right now is not about fundamentals, levels, indicators, volume, or really anything else. The market is being dictated by whatever Trump says, takes back, doubles, takes back again, and the rest of the shitty games he plays every day.
It’s ugly out there. Tomorrow things are cheaper being Lotto Friday, and that’s about the only consolation prize I have to offer. We may see an attempt to push back up with OPEX and FOMC next week, but remember what I said in the first paragraph - it’s all about the MOUTH in DC.
Take profits if/when you see them. Scale. Cover your costs. Trading isn’t easy at the moment, but we can still win with the Stack in hand! Be vigilant in your trading and YOU WILL succeed in this market. Set your alerts and levels for tomorrow and let’s bank!
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My Charts
Over Green line = Entry for Calls
Under Red line = Entry for Puts
Dotted Blue line = Price Targets
Purple line = Dark Pool
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!
TSLA
TSLA 0.00%↑ daily bull flag, bounced from demand and has struggled to push higher. This is rather shocking considering the White House driveway was turned in to a dealer lot this week so Donny could get a new EV. It did get a bump on Wednesday but gave back today. This can move big on any day, and tomorrow cons will be priced to move. Here’s the plan.
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