@Asphen:TSLA supported strongly by Bollinger Band! 266 remains the challenge! - Supported well off Bollinger band at 243 - Price action continues to remain below MA5 yellow - There is a confluence of MA5/MA50 meeting soon ==> TSLA must get above! MA5 going below MA50 is another confirmation of bearish - Note that MA5 has crossed below MA20 some weeks ago ==> ALready shared in previous post what that means - Note 240 remains key support, breaking below it does bring 209 to 190 back in play My Watch/Plays - Closed my puts Monday with the upper test - Will sell puts again once MA5/MA50 direction gets clearer Tuesday/Wednesday or post CPI on Thursday - Any dip tonight will go with strike 190 first to own (missed it marginally on Monday) Good luck, all!

@Asphen:SPY breakout of 4 day balance! Rejected off call options wall at 430! BIG catalyst week coming up! - Zero DTE call options stopped SPY run! Big call option wall at 430 meant that market makers will not want market to end Friday above 430! - A big rejection candle formed on Friday with a touch into 431+ as shared in TA Thurs - It is NOT bearish until it is.  - It held above the magical 429/430 level so it awaits CPI Tues! PPI/FOMC Wed! - 4 day area of balance 426 and 429 will be key; Monday might see it break below back into range - On 5min chart, notice that 429 came strongly into support meant bears do not want to take it downwards too far - Note that there is lack of support below 426 down to 421 My watch - If it breaks back below into range 426-429 - If it stays above 426 Overall,