KingOfOptions91

KingOfOptions91

Addition to my last post, there are new zones for SPY since premarket is above strong zone 414.30-415.07: Three strong rejection zones - 416.78-417.38 418.04-418.32 419.14-419.98 Price rejected these zones before, with 419s rejection being 12 Dollars in one day!!! Watch your zones, SR levels, candles, indicators and trail your stop losses.

KingOfOptions91

What a day lol LONG: SPY is approaching a major zone, same as on Friday of last week. Last week it rejected, and dropped all the way to 410. If we can break through this major zone, we will hit resistance levels @416.51 and 418.04. If SPY pushes through the major 414.30-415.07 zone, I would like to see SPY continue to climb up and attempt to hit 431.25 as we...

KingOfOptions91

SPY is caught in between a bunch of zones, Support and Resistance levels. SPY could go either way but I am Bullish based off the pattern on the Daily/Weekly chart. LONG: SPY could push higher in premarket and move north hitting key zones. NOTE: Watch volume, indicators - if you use them - and make sure to trail your stop losses. If SPY bounces off the 413.58-87...

KingOfOptions91

SPY premarket reacted positively to the new PPI release. Zones - Current: 409.24-409.50 Long: 410.77-411.06 Short: 407.42-407.77 LONG: watch for movement to 411 zone, if reject expect 409 retest, if push through 411 zone, watch for test at 412.12 and 413.76 SHORT: watch for test of premarket low 408.03 and test at 407 zone. If reject, watch for 409 zone test...

KingOfOptions91

CPI news out today, market movement could be very volatile. No firm ideas today, just quick notes: LONG- watch for test at 411 again, if breakthrough could expect 413/414 SHORT - watch for test at 409 area, if it pushes lower expect 406 zone Resistance at 407 for SHORT Resistance at 410 for LONG

KingOfOptions91

MSFT shows strong support at 283.01-284.30 MSFT currently in a resistance zone, 288.66-289.63 LONG: MSFT could break above 289.63, head toward 291.59 with possible rejection at that level. If MSFT pushes through 291.59, it could see 293.01-293.95 NOTE: WATCH FOR RESISTANCE @290.33-290.65 and 292.08-292.47 SHORT: MSFT could reject at current zone and...

KingOfOptions91

*TRANSPARENT NOTES: I DAY TRADE SPY OPTION CONTRACTS DAILY* **MY OPINION IS NUETRAL BUT I AM BULLISH ON SPY AT THE MOMENT-THIS COULD CHANGE AT ANY TIME** SPY shows strong support around 405.73-406.12 with resistance around 409.91-410.20 LONG: SPY could push above 410.20, retest and head toward 411.54 with potential hesitation around 410.59 and 411.18,high of...

KingOfOptions91

SPY closed higher than close on 04/04 while also showing a double bottom at the 406.10 area on the 1hr timeframe. I am bullish on 04/11. LONG: If SPY opens higher than 04/06 close, it may come down to 408.70 and bounce up, heading into 411 territory. If SPY opens lower than 04/06 close, it could push up and break through 408.70 and head toward 411...

KingOfOptions91

We had premarket movement back up to (almost) previous close and then a strong move down to the 284 support zone. Bullish momentum back up to 286 area. I am anticipating a strong bullish move tomorrow and MSFT to punch through the 288.67 zone. I may go long if price moves/bounces above 286.90 close and hold if price moves above previous day high. If MSFT breaks...

KingOfOptions91

Big bull movement and then massive selling volume toward end of day. Market exhaustion, will move down to strong support and then another bullish move to break recent high. Short to 285/6 (possibly 284) then Long to 299+. **NOT ADVICE** This is ONLY my opinion and is based on price action, volume and trend.