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Options Trading Mid-Week Update: Range & Squeeze


This volatile market is at a critical point and we’re continuing to focus on the daily Ichimoku Cloud. For the first time this year, the S&P 500 has closed below this daily Cloud, marking a pivotal point for which direction the market will go next. Watch the video to review the market conditions and some key setups on our watchlist like GOOGL and MRNA.

Options Trading Weekly Recap: Sell the Rip?


 

Let’s recap the week after this market started to lose bullish structure. Take a look at the weekly chart on the S&P 500 (ES) because we do find support at the 21 exponential moving average (EMA) while the daily chart shows bearish structure. Until we see two to three closes back above the 21 EMA, approach your trading as a ‘short the rip’ market. In this video, we’ll discuss key spots we’re looking to short and which setups are maintaining their bullish structure amidst a volatile market.

Stay Focused!

 

Options Trading Mid-Week Update: Market At Critical Point


Happy Wednesday, traders! I hope you’re surviving and thriving amid this volatility. The market is currently in a vulnerable position as the S&P 500 held onto the bottom of the daily Ichimoku Cloud this week. Let’s review the major indices, upcoming economic events, and a few setups I’ll be watching to end the week strong.

Stay Focused!