Market Analysis and Trades for 6/23
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The weekly post for SPY 0.00%↑ and QQQ 0.00%↑ should be reviewed prior to this. Link to Market Analysis for The Week Ahead
We got news over the weekend that the US struck nuclear sites in Iran so there is a fairly reasonable chance of a gap at the Sunday night 6pm open. The market had been grinding slightly lower into this weekend with my absolute minimum requirements for an intermediate time frame trend change being met last week. Where we open Sunday and how price responds will of course dictate much of the plan for Monday. I’ll keep this plan relatively light, and update tonight and tomorrow in the Discord as usual. Between the weekly plan and this plan, however, we will have a good idea of how we want to interact with the market across scenarios.
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