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In this video, I walk through why I’m cautiously optimistic after the NASDAQ’s strong bounce, while still recognizing that the broader market remains choppy and has work to do. I also break down the key SPX levels I’m watching, including resistance near 7550 and a potential move toward 7600, along with a few trade setups on my radar like Coke, Philip Morris, and ESTC.
Next week, Henry Gambell is breaking down one of his go-to options strategies: the unbalanced butterfly. He’ll show how this setup can help traders define risk, target directional moves, and structure trades with a clear plan before entering.