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
Triggered the Quarter 2up
- Watch these 4 major prints and use as support and resistance. $420.22/$419.21 and $415.29 with the lowest $410.26 These are you're ranges for now!
QQQ
- QQQ Dark Pool Top $337.21 & $336.51 if we want any downside, we would need to break under those Billion Dollar prints. We have $331.23/$327.25 as support
Swing Play Ideas for the Week
MU
Potential Continuation
How to Play?
- MU broke out of weeks of consolidation and is currently in premarket testing that break out. If MU holds the test it will continue up.
- Buy zone Weekly .50 $65.19
- Price Targets
- $68.37 weekly trigger
- $70.74
- Invalidates over $60.62
SBUX
Double Inside break and Im incline to say it goes down.
How to Play?
- Price bounced off the monthly retest zone and is now heading to that final target.
- Buy zone a rejection of $106.05
- Weekly Trigger $104.95
- $104.01
- $102.40
- Invalidates Over $106.31
XOM
Potential 22rev up
I like how price bounced off the Quarter .50 and looks to want to retest the BF.
How to Play?
- Buy zone is out the gate with a stop of $105.51 if this fails your new buy zone is $104.54
- Price Targets
- $107.05
- $107.87
- $108.60
- Invalidates under $103.94
