TRADE PLAN for Wednesday ๐Ÿ“ˆ

EliteOptionsTrader
05-13

TRADE PLAN for Wednesday ๐Ÿ“ˆ

$S&P 500(.SPX)$ bounced over 50 points from the lows today after dropping nera 7338. SPX needs back through 7400 to set up for 7440+.

SPX May 14 7440C is best above 7400

$Micron Technology(MU)$dropped from 818 to 707 since yesterday. If MU can get back near 780 it can test 800 again. MU through 800 will set up for 900,1000.

MU May 15 800C can work above 780

$NVIDIA(NVDA)$is winding up for a rally to 232 once it reclaims 221 and holds above this level for at least 3 daily candles.

NVDA May 15 225C can work above 221 tomorrow

The market is still showing alot of resilience even after todays gap down and sell off. Let's see if ATH comes again by Friday. Good luck tmrw everyone! ๐Ÿซก


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