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Options Trading Mid-Week Update: Daily Cloud My Old Friend


Happy Wednesday, traders! After an event-filled day with Powell and the FOMC, we’re looking at where the market is heading next. Regardless of the events, every drop in the S&P 500 (ES) this year has hit the 50 simple moving average (SMA) or the daily Ichimoku Cloud. Now that the ES breached the 50 SMA, it dropped to the bottom of the daily Ichimoku Cloud where it found support and held. Do we continue to hold the Daily Cloud? Watch the video for key levels in the major indexes and the rest of the tickers on our Focused List like ROKU, MRNA, and FB.

Stay Focused!

 

Options Trading Morning Prep 9/16: Long AAPL, GOOGL, FB?


 

Happy Thursday, traders! Once again, I have to play $UBER for my fiance this morning, so no live prep today. We’ll be back to business next week, but in the spirit of never leaving ya’ll hanging, here’s a quick video covering a few setups ahead of today’s open.

1. $VIX

2. $SPY + $QQQ

3. $AAPL, $FB, $GOOGL, $AMZN, $NVDA

In that order!

Stay Focused!

 

Options Trading: Another Trip to the 50SMA


 

Let’s dive into another interesting week of market conditions! There are two indicators that have proven to work well this year and simplify direction in this complex market. The market has stopped at two simple places: the 50-day simple moving average (SMA) and if it doesn’t hold there, it hits the Ichimoku Cloud. Watch the video above for a full review of using these indicators to gauge the current market conditions and key levels to watch on our focused list.

Stay Focused!

 

Options Trading Morning Prep 9/15: Wait for $VIX Before Buying the Dip


 

Happy hump day, traders ???? I have to drive Ms. Daisy to work this morning, so no live prep today. I’ll go live tomorrow morning (Thursday the 16th) to make up for it, but you know I’ll never leave you hanging. Here’s a quick walkthrough of a few important things to focus on over the next handful of days. See you all tomorrow morning!

Stay Focused!