Simplify Focus on Support/Resistance for $SPY $QQQ $IWM

There are so many opportunities every single day as all these names move up and down $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$

This can be overwhelming and make it extremely hard for newer traders to focus.

Try this! Mark some basic support / resistance levels. Now watch them and play the reaction. Block out all of the other noise the market tries to throw at you.

Here’s an example on SPY this morning. We had 1 resistance zone on watch. Then we simply played the reaction to it for a nice gain 👇

ImageImage

I’ve been sent to raise up that ridiculous stat saying “90% of day traders fail!”

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

Follow along. Let’s lower that failure rate one trader at a time 💪

ImageImage

https://x.com/cs_tradess/status/1815403730461942256

# $IWM: Summer Surge to $300?

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet