July 30th Market TRADE PLAN 📈

EliteOptionsTrader
07-30

FOMC day is upon us. $S&P 500(.SPX)$ will either see 6400+ or back under 6334. If SPX breaks 6334 it can test 6300, SPX needs 6400 to run another 100 pts to 6500. Let's see if Powell cuts rates today.

$NVIDIA(NVDA)$ to 180 in play if the market can breakout today after FOMC/Powell. Calls can work near 178 for today

$Invesco QQQ(QQQ)$ keep an eye on 568, possible we see 575-580 by next week if QQQ can hold near 568 over the next 2 days.

We usually see the real move AFTER Powell talks so be patient beforehand. Good luck today everyone!! 🫡

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Macro Trend
Monetary policy, various types of price indices... Here is everything about the macro economy!
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Comments

  • Vinc66
    07-31
    Vinc66

    Great article, would you like to share it?

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