Hello everyone! Today i want to share some trading ideas with you!
$S&P 500(.SPX)$ TRADE PLAN π π
SPX bullish plan: SPX above 7145 | SPX Apr 29 7220C π
T: 7200, 7228 SL 7100
SPX bearish plan: SPX under 7145 | SPX Apr 29 7100P π
T: 7100, 7055 SL 7170
SPX broke out of its range on Friday after getting through that 7145 level.
SPX closed at 7164, having moved from 6316 to 7168 in four weeks.
SPX to 7200β7228 is coming next. The big risk event for the week is FOMC on Wednesday.
Letβs see if SPX can run to 7300 in the next week. Calls can work above 7145 this week.
If SPX fails at 7055, it can test 7000 quickly.
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