TRADE PLAN for Wednesday 📈
$S&P 500(.SPX)$ another consolidation day. SPX needs to continue to defend 6521 otherwise one more leg lower in play before a bottom comes. Let's see if SPX can reclaim 6600 tmrw. Positive news of 1 month cease fire came out
SPX March 26 6650C is best above 6600
$SanDisk Corp.(SNDK)$ on the next run higher can move to 800+. Once the market bottoms, I'd consider SNDK calls above 725. Wait for Macro news to bottom the market.
$Invesco QQQ(QQQ)$ every pop higher gets sold the past 2 months. QQQ needs back above 593 to set up for 600
QQQ March 27 590C is best above 588 as a lotto this week.
BE patient until we see more positive news involving Iran before swinging calls. Good luck tmrw everyone!! 🫡
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