Don’t front-load these plays. Wait for the retest. Targets are VWAP, 200sma (5min), and PREMARKET high. Always move your stop up as price goes up but leave wiggle room.
No more morning plans because it could give us a bias. We wait for retests only. If it’s a trend day, then oh well. We don’t need to trade every day. We caught 3 solid plays today.
$SPY$SPX$QQQ$SPY: 🔴 776: -$71.5B 🟢 775: +$37.8B 🔴 774: -$51.2B 🔴 772: -$38.4B 🟢 780: +$40.5B
$QQQ: Watch 746 (-$32.9B) and 750 (+$12.6B).
My plan: Wait for PM levels. Calls on confirmed support, puts on resistance rejection. VWAP + 200 SMA for confirmation.
NO CHASING. LET THE SETUP COME TO YOU. 🎯
optionsfunding.co/mrzackmorr…