Swing play are for expiration 2 Weeks or higher, if you are a new trader. Please buy monthly contracts only until you master consistency & are a profitable trader.
- Fib level Color Explanation Purple(6m), Red(Yearly), Blue(Quarterly), Pink(Monthly)
Unicorn members please see Video Section for these tickers.
SPY
Potential 22Reversal at the top of a Weekly BF
- SPY had some major Dark Pool prints come in on Friday at $409.46 and $407.76 so for now that is the range on SPY. A
QQQ
Same as SPY potential 22Reversal
- QQQ holding between Dark Pool prints at 320.23 and 312.81
- Price triggered that monthly 2up and stayed below the trigger. Need a solid build above the trigger to push up
Swing Play Ideas for the Week
KO-very close to hitting my final target
- The only way i would be interested in playing is if it builds over$63.56 or created a reversal pattern from the top of this monthly BF
PG- 3rd Rollover
Price continuation is expected.
How to Play?
- Be patient with this ticker, I believe if the levels hold, this could be a banger.
- New Buy zone monthly trigger retest $148.69 or a build over weekly trigger
- Price Targets
- $154.80
- Invalidates under $148.69
TLT- Roll Over
We got that 122 from last week as stated and now looking to hit the rest of the targets up.
How to Play?
- All of last weeks targets were hit, so if you're still in the swing you are targeting that monthly trigger
- New Buy zone Weekly .50 $107.29
- Price Targets
- Monthly Trigger $109.10
- Quarter Trigger $109.35
- .618 6m $109.67
- Invalidates under $106.27
HON
Potential 122D
Price is below the Yearly, 6month and monthly .50 level with a nice reversal pattern.
How to Play?
- Buy zone Weekly .50 $191.46 need a nice rejection and close under this level on monday
- Price Targets
- Weekly Trigger $189.01
- $187.74 watch this level because if it breaks then that Q 212 trigger in play
- Invalidates over $192.03
BABA
212Down or 212 Measured move up. This ticker was added to the monthly play ideas as well
How to Play
- Price holds over $100.39 it will push for that monthly trigger.
- Buy zone Weekly .50 $100.25
- Price Targets
- Weekly Trigger $103.24
- Monthly Trigger $105.05
- and if price TTO $111.86 is in reach, this only happens if price build over the monthly trigger
- Invalidates under $99.54