Market Analysis and Trades for 3/6
I Want 1 of these 2 Monster Trades
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The weekly post and for SPY 0.00%↑ and QQQ 0.00%↑ should be reviewed prior to this. Link to Market Analysis for The Week Ahead
Our major target for this move lower was 5733.5-5744.25 and thus far the selloff has paused. This is an absolutely critical high time frame spot discussed in the “Year Ahead” video which can be seen here if you need a refresher.
Paid content below and in the Discord. THE YEAR AHEAD
If this spot is lost and flips to resistance, then a meaningful move lower could come quite fast. Thus far buyers have defended, and sellers have seemed a bit fatigued into the lows. The longer we base here, the better it is for providing a durable swing low. We have taken profit on a bunch of our puts and hold runners while adding to long positions such as AMD 0.00%↑
From the weekly plan:
If you’re looking to join the AMD trade, full levels can be found here Come to Daddy AMD
I have waited for this spot since July of 2024 and thus far it has reacted as expected.
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