J

[That Martini Guy ₿ @MartiniGuyYT]

Bitcoin is holding around $64.4K ahead of today's US jobs report.

If payrolls surprise, expect volatility.

Macro is back in the driver's seat.

[Amelia Pavlenko @AmeliaCFA_]

📢 US July Nonfarm Payrolls drop today

Market consensus expects +85K jobs, but Goldman Sachs notes July figures frequently undershoot

📈Weaker data (<80K) = soft labor, cooling rate hike odds
- Gold rallies, dollar sells off

📉Stronger data (>85K) = economic overheating, inflation risks resurface
- Short-term pressure on gold

#XAU #XAG #NFP

[Leshka.eth ⛩ @leshka_eth]

🚨 THE U.S. LABOR MARKET COULD BREAK TOMORROW

THE JULY JOBS REPORT DROPS AT 8:30 AM ET

ONE HOUR BEFORE THE MARKET OPENS

WALL STREET EXPECTS:

→ 80K NEW JOBS

→ 4.2% UNEMPLOYMENT

ADP JUST REPORTED ONLY 44K JOBS

A SECOND BIG MISS WOULD CONFIRM THAT U.S. HIRING IS COLLAPSING

THIS COULD SEND MARKETS INTO PANIC

[Mo @optionflys]

$SPX

Before. ➜ After.

Tomorrow we get the Jobs Report and Friday's weekly close.

Let's see what price has to say.

$SPY $QQQ

[CandlePilot @CandlePilot]

MORNING MARKETS ☕

Today's biggest catalyst: the U.S. July Jobs Report at 8:30 AM ET.

👀 Wall Street is watching:
• 85K–97.5K jobs added
• 4.2% unemployment
• +0.3% MoM / +3.5% YoY wage growth

A "Goldilocks" report could boost risk assets, while a weak print may reignite recession fears. A hotter than expected report could reduce rate-cut hopes and pressure tech.

There could be some volatility.

[Team LAMBO @TehLamboX]

$SNDK and $MU analysis have been on point again today

Caught an intraday move as well.

If you still aren’t following me, I would suggest you do that now.

Will see you all tomorrow with updates

[EliteOptionsTrader @EliteOptions2]

TRADE PLAN FOR LOTTO Friday 🎲

The market has been consolidating the last 2 days since we saw an 11% bounce in the nasdaq and a 5% bounce in $SPX. If $SPX gives up 7700 let it drop, It's possible we see a backtest near 7620.

$QQQ dropped from 728 to 708 since yesterdays highs. If QQQ fails to defend 712 tomorrow it can pull back to 706-708 range again.

$MU 930 is a big breakout level for a move to 1000+ Mark this level down and wait for it. For now, MU is just finding a bottom above 800.

Be patient tomorrow, expect to see more volatility. Good luck everyone. 🫡

[Cole @StockOptionCole]

Tomorrows Watchlist 💡

$NVDA Swing
9/18 230C if we re-test 215 PT 228, 240

$BE Swing
8/14 250C if we re-test &amp; hold 226, PT 250-255

$INTC Swing
8/14 104C if we re-test 98, PT 104, 107, 111

[Cheddar Flow @CheddarFlow]

$MU has the most BULLISH flow so far today

[Theta Warrior @ThetaWarrior]

$MU 1000C REPEAT SWEEPER 🧹🧹

[Team LAMBO @TehLamboX]

If this goes to 890-910, we can short with Stop loss at 933 and target 870, 850 and 830.

I think this HnS can work out in our favor.

[Team LAMBO @TehLamboX]

$MU Micron H4 setup here.

[Team LAMBO @TehLamboX]

$MU Micron has broken below a support on M15 timeframe. Now cooking a bear flag.

Can we target 0.5 or 0.618 fib towards 842 or even 825 here?

[Team LAMBO @TehLamboX]

$MU Micron has now rejected off the upper trendline on D1 post grabbing some liquidity. Thats never really good for bulls.

Expect a bit downside pressure with lower expected range to be 830-840. A break below the diagonal support will be massively bearish.

Will update what else I am seeing below this post only for today so bookmark it and follow me if you havent.

[Cheddar Flow @CheddarFlow]

$6M+ worth of OTM $SOXX put sellers (Unusual)

[Team LAMBO @TehLamboX]

$SNDK Sandisk Update on D1 chart:

Whenever we have seen a diagonal support break, it is usually followed by a massive fall. For now we rest at a massive diagonal support zone 1220-1240.

A break below 1200 would be massively bearish and then we can still talk about our targets of 1100 and 1000 next.

Strategy should now be wait and watch on the sidelines, if 1200 breaks during london session and it goes to 1150ish, we will surely get the retest of 1200-1220 to short on the new york open so we wait for that.

I will update you on the every next step below this post only so bookmark it and if you aren't following me, follow me now.

[EliteOptionsTrader @EliteOptions2]

TRADE PLAN for Aug 5th 📈

All eyes on $SNDK and $WDC earnings after hours today. If there's a positive reaction we'll see a rotation back out of the Mag7 and into Chip and memory stocks. $MU needs to get through 930 to run to 1000. $SNDK 1600+ in play if there's a positive reaction.

$SPX to 7800 coming quickly, if it gets through 7800 we can see 8000+ in September. Calls can work above 7750 for today

$META gapping near 600, if it gets through this level we can see a push to 625-630. Calls can work above 600

$QQQ has lots of room to run back up to all time highs at 748. Lets see if it runs there by the end of the month.

Good luck today everyone!! 🫡

[Team LAMBO @TehLamboX]

$MU micron confluent resistance here and a rejection so far off 912 to 892.

Below 875 this might become a rejection candle and can target 866, 857 and 848 here.

Confluence is too strong here, last time we got rejected off here only. A break above previous swing high at 933 would be bullish only now.

[Trade Whisperer @TradexWhisperer]

$MU decent comeback. Back to the $900s.

$SNDK earnings today will dictate the direction of the trade. If Sandisk delivers, I think we blow past $1000.

But do we think Sandisk misses like Kioxia did? Any thoughts?

[Source | Options Trading @Source_options]

💡 Pre-market Watchlist | 8/5

🎯 Index Trigger

$SPY Above 773→ 780
$SPX Above 7760 → 7800

$AAPL Above 312 → 317
Below 307 → No trade

$GOOGL Above 382 → 393
Below 377 → No trade

$NVDA Above 217.50 → 222
Below 214.50 → No trade

These are the levels I'm watching.
Execution always depends on confirmation.
Inside Source, every trade must earn its entry.
The Process Comes First.