Trade Plan for 10/29
As Straightforward as it Gets.
The weekly posts for SPY 0.00%↑ and QQQ 0.00%↑ should be reviewed prior to this. Link to The Week Ahead
The re-launch of the course content is official and is now available to anyone. Course Announcement
Bitcoin: The Bitcoin long from 59-61k continues to work as we now trade near 70k. We took some additional crypto exposure with BTBT 0.00%↑ on Friday at $4 and it saw a nice rally to $4.3 today.
We got the big gap up Sunday night as the market was underwhelmed with the Israeli response. Buyers continued to struggle sustaining upward momentum overnight, however. Every slight higher high would quickly pull back to 5868-5870 and we ended up seeing some grinding chop lower from the open with an extremely narrow range. It was a pretty terrible day to trade intraday because of this. Fortunately newly all of our swings were green so that helped. Hopefully tomorrow has some better action. The plan for tomorrow, at least, is incredibly straightforward because of the location of a key profile characteristic from today.