Welcome back to a new week of trading. Last week finished strong for us with multiple ladders and strangles expiring fully profitiable. We'll put some of that buying power back to work today. We had FOUR 0DTE's make profit on Friday as well (including the event contract). The RUT position is our main pain point and we'll keep working that today. Sell mode is starting to take hold with all of our major indices rolling over and our technicals flashing sell. The RUT continues to be the most oversold 60.67 is the SPX expected move. Our VTI swing trade looks good and I'm hopeful this will become on of our most popular trades. The RUT is forming an interesting pattern called Wyckoff. After a selloff and consolitation it looks poised to go higher with accumulation here. Intra day levels for me: 4738/4746/47560/4772 to the upside. 4714/4701/4689/4679 to the downside.
0 Comments
Your comment will be posted after it is approved.
Leave a Reply. |
Archives
January 2025
AuthorScott Stewart likes trading, motocross and spending time with his family. |