$SPY $QQQ $IWM - Simple yet Highly Effective trading setup

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$

Here’s a very simple, yet highly effective trading setup that anyone can learn and apply for trading PUTS!

⚡️⚡️THE PRE MARKET LOW BREAK AND RETEST STRATEGY ⚡️⚡️

Step 1 • Mark the pre market low. This is the lowest price from 4am to 9:30 am eastern time ✍️

Step 2 • Wait for price to break below that pre market low level 📉

Step 3 • Watch for the retest of that pre market low level to show resistance 👀

Step 4 • Enter PUTS on the rejection of the PML with a tight stop loss above that level ✅

Here’s an example of this exact setup today on QQQ that paid over 250% on our runners ⬇️

Image

Bonus tip! You want to see some support at the pre market low level prior to the break! Those always provide the best retest opportunities 🤙

This market is ridiculous! One of the best I’ve seen in a long time 🙏

We’re risking 20% or less for 200%+ gainers almost every day 🤯

Image

https://x.com/cs_tradess/status/1813976648469139903

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

matty_sp2
07-25
matty_sp2
hi, does this work the same for a bullish trend

like if spy was to test a high pre market. then hit that support and bounce up. (basically the opposite as your put strategy)

could it be used to trade spy when it's bullish? or have you found it do only work for puts for some reason?

Leave a comment

1

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":329019270090952,"tweetId":"329019270090952","gmtCreate":1721349975099,"gmtModify":1721352312520,"author":{"id":10000000000010928,"idStr":"10000000000010927","authorId":10000000000010928,"authorIdStr":"10000000000010927","name":"CS_Tradess","avatar":"https://community-static.tradeup.com/news/fbb6a62a5999a298a317a646c3f90fe1","vip":8,"userType":8,"introduction":"Day Trader • Helping to build self sufficient traders through education","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":52,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/703f89f740600c149918f89fd799b297","width":"680","height":"588"},{"img":"https://community-static.tradeup.com/news/e2e4ea0e4887e89831836d5d1e7294b4","width":"701","height":"900"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/703f89f740600c149918f89fd799b297","width":"680","height":"588"}],"title":"$SPY $QQQ $IWM - Simple yet Highly Effective trading setup","extraTitle":"","html":"<html><head></head><body><p> <a data-mention-id=\"SPY\" class=\"teditor-mention\" data-mention-name=\"SPDR S&amp;P 500 ETF Trust\" href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a>  <a data-mention-id=\"QQQ\" class=\"teditor-mention\" data-mention-name=\"Invesco QQQ\" href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a>  <a data-mention-id=\"IWM\" class=\"teditor-mention\" data-mention-name=\"iShares Russell 2000 ETF\" href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a> </p><p>Here’s a very simple, yet highly effective trading setup that anyone can learn and apply for trading PUTS!</p><p>⚡️⚡️THE PRE MARKET LOW BREAK AND RETEST STRATEGY ⚡️⚡️</p><p><strong>Step 1 • Mark the pre market low. This is the lowest price from 4am to 9:30 am eastern time ✍️</strong></p><p><strong>Step 2 • Wait for price to break below that pre market low level 📉</strong></p><p><strong>Step 3 • Watch for the retest of that pre market low level to show resistance 👀</strong></p><p><strong>Step 4 • Enter PUTS on the rejection of the PML with a tight stop loss above that level ✅</strong></p><p>Here’s an example of this exact setup today on QQQ that paid over 250% on our runners ⬇️</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/703f89f740600c149918f89fd799b297\" tg-width=\"680\" tg-height=\"588\"><span>Image</span></p><p>Bonus tip! You want to see some support at the pre market low level prior to the break! Those always provide the best retest opportunities 🤙</p><p>This market is ridiculous! One of the best I’ve seen in a long time 🙏</p><p>We’re risking 20% or less for 200%+ gainers almost every day 🤯</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/e2e4ea0e4887e89831836d5d1e7294b4\" tg-width=\"701\" tg-height=\"900\"><span>Image</span></p><p>https://x.com/cs_tradess/status/1813976648469139903</p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"SPY\" class=\"teditor-mention\" data-mention-name=\"SPDR S&amp;P 500 ETF Trust\" href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a>  <a data-mention-id=\"QQQ\" class=\"teditor-mention\" data-mention-name=\"Invesco QQQ\" href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a>  <a data-mention-id=\"IWM\" class=\"teditor-mention\" data-mention-name=\"iShares Russell 2000 ETF\" href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a> </p><p>Here’s a very simple, yet highly effective trading setup that anyone can learn and apply for trading PUTS!</p><p>⚡️⚡️THE PRE MARKET LOW BREAK AND RETEST STRATEGY ⚡️⚡️</p><p><strong>Step 1 • Mark the pre market low. This is the lowest price from 4am to 9:30 am eastern time ✍️</strong></p><p><strong>Step 2 • Wait for price to break below that pre market low level 📉</strong></p><p><strong>Step 3 • Watch for the retest of that pre market low level to show resistance 👀</strong></p><p><strong>Step 4 • Enter PUTS on the rejection of the PML with a tight stop loss above that level ✅</strong></p><p>Here’s an example of this exact setup today on QQQ that paid over 250% on our runners ⬇️</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/703f89f740600c149918f89fd799b297\" tg-width=\"680\" tg-height=\"588\"><span>Image</span></p><p>Bonus tip! You want to see some support at the pre market low level prior to the break! Those always provide the best retest opportunities 🤙</p><p>This market is ridiculous! One of the best I’ve seen in a long time 🙏</p><p>We’re risking 20% or less for 200%+ gainers almost every day 🤯</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/e2e4ea0e4887e89831836d5d1e7294b4\" tg-width=\"701\" tg-height=\"900\"><span>Image</span></p><p>https://x.com/cs_tradess/status/1813976648469139903</p></body></html>","text":"$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ Here’s a very simple, yet highly effective trading setup that anyone can learn and apply for trading PUTS! ⚡️⚡️THE PRE MARKET LOW BREAK AND RETEST STRATEGY ⚡️⚡️ Step 1 • Mark the pre market low. This is the lowest price from 4am to 9:30 am eastern time ✍️ Step 2 • Wait for price to break below that pre market low level 📉 Step 3 • Watch for the retest of that pre market low level to show resistance 👀 Step 4 • Enter PUTS on the rejection of the PML with a tight stop loss above that level ✅ Here’s an example of this exact setup today on QQQ that paid over 250% on our runners ⬇️ Image Bonus tip! You want to see some support at the pre market low level prior to the break! Those always provide the best retest opportunities 🤙 This market is ridiculous! One of the best I’ve seen in a long time 🙏 We’re risking 20% or less for 200%+ gainers almost every day 🤯 Image https://x.com/cs_tradess/status/1813976648469139903","highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/329019270090952","repostId":0,"isVote":1,"tweetType":1,"viewCount":1338,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["QQQ","SPY","IWM"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":821,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":331406986637464,"commentId":"331406986637464","gmtCreate":1721917460242,"gmtModify":1721917908598,"authorId":4169756779359452,"author":{"id":4169756779359452,"idStr":"4169756779359452","authorId":4169756779359452,"name":"matty_sp2","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":329019270090952,"objectIdStr":"329019270090952","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"hi, does this work the same for a bullish trend<p></p>\n<p dir=\"ltr\">like if spy was to test a high pre market. then hit that support and bounce up. (basically the opposite as your put strategy)</p>\n<p dir=\"ltr\">could it be used to trade spy when it's bullish? or have you found it do only work for puts for some reason?</p>","text":"hi, does this work the same for a bullish trend<p></p>\n<p dir=\"ltr\">like if spy was to test a high pre market. then hit that support and bounce up. (basically the opposite as your put strategy)</p>\n<p dir=\"ltr\">could it be used to trade spy when it's bullish? or have you found it do only work for puts for some reason?</p>","html":"hi, does this work the same for a bullish trend<p></p>\n<p dir=\"ltr\">like if spy was to test a high pre market. then hit that support and bounce up. (basically the opposite as your put strategy)</p>\n<p dir=\"ltr\">could it be used to trade spy when it's bullish? or have you found it do only work for puts for some reason?</p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/329019270090952"}