lotto fRIDAY · Trading Growth Engine

lotto fRIDAY

TRADE PLAN for Lotto Friday

SPX massive sell off today. SPX dropped 130 points from the highs. Possible we see more downside tomorrow if SPX fails to reclaim 6870. SPX needs through that 7k level to trigger a run to 7400+.

QQQ dropped from 616 premarket to 601 at the lows. QQQ under 600 can test 589 again. I'd wait for 607 to consider calls.

Mag7 price action has also been very weak.

AAPL is down 20 points since yesterday, AMZN is down 50 points the past 2 weeks,

NFLX is a long downtrend,

NVDA having a hard time holding above 190.

There's still no reason to take any aggressive risk with calls until we see the price action change in the market. Be patient and be careful this month.

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