As tech weakens and volatility increases, the easier plate of opportunity can be found through day trading. Let’s review today’s action, the current Scorecard rankings, along with a futures trade on the /NQ squeeze from this morning.
I’m usually the last to panic and there will still be some good discounts at some point, but for the next 6 weeks you have to keep this caution signal in mind.
It’s easy to get caught up in support and resistance levels — except on days where the markets could care less about said support or resistance levels. Rather than catching a falling knife, make sure you are watching this.
Danielle is bullish on Amazon going into earnings, but bearish on Roblox. Let her show you patterns, along with ideas for options trades over the reports.
