SPYSPXTSLAAAPLNVDA Good morning, traders! The 570C contracts we bought on Thursday at $186 and averaged down to $64 printed good money this morning as SPY opened with a gap-up. I sold and closed all my 570C positions at an average of $3.20, making it a strong start to the week. SPY is looking extremely bullish on all higher time frames (TF), and the next resistance should be near 580-582. If you draw a Fibonacci (FIB) retracement on the 4-hour chart, you will see that the 580-581 zone aligns exactly with the 50% retracement level. I suspect the price may decline after reaching that level. If it doesn’t find support near the previous week's low (PWL) while dropping, the next long-term target should be near 540 (high confidence). Currently, the price is moving outside the Bollinger Bands (BB) on the 4-hour chart and approaching the buy-side liquidity (BSL) zone on the 15-minute (15M) TF. If the price shows rejection there, we can scalp and trail puts, targeting the fair value gap (FVG) on the 15M chart below. However, be cautious when scalping puts, as market sentiment is highly bullish. If you enter puts based on the 15M FVG rejection, you should make quick decisions using the 1-minute (1M) chart. If you're not confident in buying puts, you can wait for SPY to fall to the FVG. If it shows rejection there, you should look to buy calls after confirming two conditions: 1.) A change of character (CHOCH) should occur after the FVG rejection. 2.) The price should retrace back to the FVG again after a valid CHoCH. Thoughts and comments?
AAPL this is not a stock that you trade. It’s just a buy and hold stock. It’s your safety net, it’s you retirement, it’s you to beat inflation machine. Whatever you want to call it. This stock trades like a bond on steroids.
AAPL needs a confirming green HA on the daily. Then a break out and trade to 250 is likely in the coming 5 weeks. Options strategies might include Iron Condor, bull credit spread, short PUT and short CALL in a PMCC.
AAPL 
