Let’s kick off Tuesday with some good trades today! I want to see everyone interacting with each other especially for those that may need additional help, let’s get some motivation flowing in here 🚨 Watching a few key levels that I see on $SPY today. We’re hovering around $520 right now, I think if we break below $518.50 the next stop is $515. If we can’t hold above $515, we may see sub $510 on the books today. On the OTHER HAND, as far as upside potential… It has been shot down from $524 several times, so if we can break and hold above there, we may see some more short term upside. Pay attention to these levels and trade accordingly, don’t force anything, make it as simple as it can be, look for divergences in between, and you’ll be golden 🏆 Let’s all have a great day today, let me know what you’re watching below 👇

Could be a super red day judging by price action so far, if we don’t see a bounce around this level, the next stop is $500 in the short term. Japans Nikkei 225 closed earlier this morning down 12.4% which is the worst since 1987 due to worries of the US possibly entering a recession. This is big stuff here guys, the market could be in a downtrend for a significant amount of time if something doesn’t change. I don’t see it holding any significant bounce in the zone we’re in now, so I am assuming we make our way down to $500 and below soon, we shall see. Premiums are probably going to be high, and there may be a lot of panic selling at open, remains to be seen. Good luck today my friends.

Bad data keeps becoming a nightmare for bulls and paydays for bears. Traders like us don’t care where the price goes 😂 Broke below VWAP earlier on today so missed the initial move, but got it as price started to reverse just a tad very similar to yesterday except this time I jumped in. Was a little hesitant because premiums are through the roof today, but you can’t win if you don’t play! Great way to end the week. Very possible this melts down the rest of the day, but we shall see. Pay attention for any hidden bullish divergences, could be an opportunity to catch a possible reversal.

There are no rat cuts at this meeting. Market was positive and Powell needs more data before making a decision. While he was speaking, market was pumping even with questions about rate cuts, inflation, and job market data. Just as always after Powell finishes, market decides to drop 2-3 dollars and get to key levels. Once spy reaches below 550, buyers came in and floated it up. Now we shall see what happens. Earnings is upon us. Hope everyone made money today.

Good luck everyone today. Powell will give us a clear path as far as what he sees. 2:00pm the Feds will give their decision whether to cut Fed rates or not. There has been speculation with recent data that we will get one but we don’t know for sure. I will be listening in today and giving some update on this. If you do play options today words to look out for if you a bull-( resilience, good data) bear-(slow growth, inflation). Be careful with Q and A because it will cause more volatility depending on how they are both structured and answered. Overall maybe waiting after he is done will be wiser. Market will react how it wants to react. Good luck