TRADE PLAN for Wednesday 📈

EliteOptionsTrader
02-18

$S&P 500(.SPX)$ printed a low at 6775 but managed to rally to 6866 intraday. If SPX can move back above 6870 and reclaim 6900 this week we can see 7000 again by the end of next week. $NVIDIA(NVDA)$ earnings coming on Feb 25th.

$Invesco QQQ(QQQ)$ dropped to 593 and rallied to 604 intraday. QQQ needs back through 607 to start a rally to 614-618.

$Meta Platforms, Inc.(META)$ 645 is an important level to reclaim to set up for a bounce to 670-680

META Feb 20 655C is best above 645

We still have FOMC minutes and Core PCE data coming up this week. Good luck everyone!! 🫡

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