Well $ES finally got out of the consolidation range after
#CPI
|
#PPI
data this week; BUT I am still watching that 5900 target ahead and that support level of 5835 below.
A special thank you 🙏 to all for supporting the channel; now its time to work on getting to 1000+. And a special 🙏 to
@blondebroker1
for helping me get to my 1st goal!
For my $NVDA traders . . . it looks like PA is trying to take back 110 and if the reaction to data this week is positive, then 115 is a great target. BUT if it fails then a retest of that 91 level is going to be fair game.
@blondebroker1
Exhausted from sling $NVDA $SMCI $SPX and the likes . . . great job today to you and the crew. I took it easy today and just waited for my spot.
$ES kinda looks like it has built a IHS pattern ahead of
#FOMC
and $NVDA and the measured move should take us to 5100+ should this fire to the upside on the back of that squeeze below. 💪🍿
Between Econ Data,
#Powell
, and
#Earnings
; next week will be exciting and ripe for an explosive move 🌶️🍿
$AMZN $META $AAPL $GOOGL $MSFT $AMD $SBUX $CVX $XOM $BA $QCOM
🤔 - Watching my W-VWAP on $ES + $NQ to see if we hold below heading into EOD; if we do, I am going home short and playing for the gap fill back to $ES-5445 + $NQ-19700 for $OpEx day tomorrow.
Now let's consider a bearish option on $SMCI - if we catch a dead cat bounce and fail to take back/hold 900 then consider playing PUTs targeting 695 | 665. $NVDA
#earnings
this week will decides it's fate.
@blondebroker1
The $NVDA flow was just too bearish going into $AMD's Report . . . perfect setup for a sweep below and bounce; now they've got to hold it coming into Powell tomorrow.
I think $ES 4605 is a good spot; but if bulls want to show off for Power Hour, then they will reach higher into my 161.8=4615 target to complete the move for today.
$ES-5110 / $SPX-5100 are gamma and if PA hold above these levels, we could get a slow grind to $ES-5128 | 5145; but failure to hold above gamma levels, then we could get a visit to $ES-5075-55 + $SPX-5070-60. Don't give back your hard earned profits on a Friday!
$ES - We got
#FOMC
and
#Powell
was NOT convincing about a SEP rate cut + inflation fears roared following PMI data . . . and the markets headed back to neutral grounds (W21EMA) awaiting it's next decision; critical week ahead with more data inbound. 🌶️
🤔 - Watching my W-VWAP on $ES + $NQ to see if we hold below heading into EOD; if we do, I am going home short and playing for the gap fill back to $ES-5445 + $NQ-19700 for $OpEx day tomorrow.
Praying tothe $TSLA gods after the pullback on the news today; still looking for that 240-250 target for OpEX on Friday > > > BUY +5 TSLA 100 15 DEC 23 240 CALL
Looks like $NVDA will run tomorrow following today's EOD sizable dark pool prints. Holding 495 - 492.50 and I would target 510-515 . . . 💡BUY NVDA 22 DEC 23 510 CALL
EOW update on $ES following
#OpEx
and we are still tracking for my targets ahead. We've got
#FOMC
Minutes + $NVDA
#Earnings
next week, so let's see how this ages.