tmac1914

tmac1914

Look for break of PMH and hold for CALLS and Break of PML for PUTS. It is also in a channel which provides more confirmation if it breaks either side. It appear to be forming a Bear Flag on the 15 min. So be cautious and wait first 15-30 mins. If PUTS look for SPY to come down to 646.17 if it breaks and hold that with volume SPY maybe headed to 643 territory. But...

tmac1914

After weak job report, Stock surge. SPY is in up. Be patient and allow the market to confirm it is still going higher. Don't guess - react. POI is at 650.51. You can wait until pullback to that and see if it holds for entry or use PMH. The range is 648.44-652.10. But if you wait the first 15 mins PMH 652.10 Break-Retest and Hold = CALLS PML 648.44 Break -Retest...

tmac1914

PMH 645.27 PML 644.01 POI 645.24 PM Gap Fill 643.40 Range is between 6.43.17-645.27 Look for SPY to go back and retest PMH before coming back down to 644.70. If it breaks through look for it to go to PML 644.01 or Fill the Gap at 643.40. Wait for clear signs before hopping in. If it breaks, retest and hold PML look for PUTs to 642.90-642.20 T/P 1. If it breaks...

tmac1914

AAPL Setup: Bias: Bullish → Needs confirmation Watching price action after open (first 15m candle) CALL Setup Break & Hold Above: 233.41 (PDH) TP1: 234.14 SL: 232.40 Additional Confirmation: 9 & 21 EMAs stays above 50 EMA No-Trade Zone: Between 232.76 (PMH) and 231.26 (PML) Expect chop / fakeouts here — wait for clean break & retest PUT Setup Break &...

tmac1914

APPLE is pulling back to the 13 EMA, if it holds there around 232.51, could be a good Call entry to the heavy resistance area for a T/P around 234.21. Place S/L right underneath the EMA for a tight risk management or at 231.60 at PMH. APPLE has been respecting the 9 and 13 EMA.

tmac1914

Waiting for SPY to break my 15 min ORB on the 5 and/or 15 min time-frame then I'll enter on pullback if it holds, especially if it hold at the 9 EMA, Volume supports and the VIX is inline as well. If VIX up SPY down and vice versa. Also, will confirm on 30 min timeframe for more confirmation. Let's see. Patience is key.