SPY/QQQ Plan Your Trade 7-31 Morning Update

Jul 31

This video highlights the morning Gap and what to expect before price settles and attempts to move above $553-555 today.

I fully expect the Vortex Rally to move price higher over the next few weeks/months. But, today is going o be critical to see if Price can attempt to move above the recent resistance area near $554-555. If price moves up to that level and rejects (downward) - I would still consider that a positive price reaction to the recent selling pressure.

So, today and tomorrow are going to be very important related to Fibonacci Price Theory and watch to see if price CAN attempt to move to new Unique/Ultimate highs.

So far, the Gap higher (to a new Unique high) is a very positive move.

One of my friends wrote to me this morning saying his "lotto" call options (purchased yesterday near the close) resulted in a 1400% gain this morning. Love this.

I love seeing traders use my tools/research and attempt to better their skills.

That is a big Lotto Win for cheap $9 call options on the SPY.

Let's see how it plays out today.

Get some.

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