We are in the channel now confirmed rejection off the top of the channel. Within the same channel there is an uptrend that was just broken. Here are some things to watch
- The first thing i'm looking for Monday is a gap fill up to 388.92 and then maybe a retest to 392 lvls
- After we pullback I will be ready to get back short with those 9/30 puts or might even go 10/14 or 10/21 puts
- Mainly focusing on this play watching TESLA AAPL MSFT META AMZN for a similar Follow Through
- Keep in mind that FOMC is on the 21st Very key player to this set up
Take a look at how we've been playing it since the top of the channel on the weekly chart and understand WHY the bigger time frames ALWAYS beat the smaller timeframes... A couple weeks ago VS NOW
- The first thing i'm looking for Monday is a gap fill up to 388.92 and then maybe a retest to 392 lvls
- After we pullback I will be ready to get back short with those 9/30 puts or might even go 10/14 or 10/21 puts
- Mainly focusing on this play watching TESLA AAPL MSFT META AMZN for a similar Follow Through
- Keep in mind that FOMC is on the 21st Very key player to this set up
Take a look at how we've been playing it since the top of the channel on the weekly chart and understand WHY the bigger time frames ALWAYS beat the smaller timeframes... A couple weeks ago VS NOW
