8-27-2024

Trade withe the signal.
8:10 am. Futures is down, SPY-1.60 @ 559.20. Today signal is bearish mean would finish at the low. So I would see SPY open to push high, high 560.70 – 562 then fall off to 557-556. This signal mean either closed the day high or low. Depend how it open and run. So it can be a fake bear after it open drop to the low and bounce go high depend. If open low go low the bounce up go over 561, may hold the high to finish the day. Vise-versa if run up to high then fall, will be stay low to closed for the day.
Trade for today, buy SPY call after it drop to 557-556, may not go that low 558 ok to long it i think, sell at 560.70 risk to high 561+. Alert it can hold up the high after hit the low then bounce up., may not fall back.
Trick open at 559+ and run up to 561+ then fall back, break down will be 556. Still keep in mind this is bearish signal and mean will closed the day at low. You can short it at high if open 559 and run up to the high. Long at low, may go for swing.
META 514. high 526
AAPL 223.50 high 227.
Be patience wai it settle low or high to enter your trade.