$QQQ โ Wednesday 6/10
Good morning. I will have to discontinue posting this if I donโt see anyone using it. Thanks.
For buyers to regain control, price must first reclaim:
703.50-702
โ 706.32-707.45
โ 712.60 daily pivot
Above 712.60:
upside opens into:
โ 721.90 weekly pivot
โ 723.90 daily resistance
โ 728.30
Contracts:
$QQQ 705C on reclaim of 703.50-702
$QQQ 712C on acceptance above pivot
Targeting 712 โ 721 โ 724
Breakdown Plan
If price remains below:
703.50 โ 706.32
and loses:
702
695.15-697.50
โ 693.93
โ 690.85
Then downside opens into:
โ 690.75
โ 690.00
โ 687.65 โ 686.30
โ 684.50
โ 684.15
Below 684:
โ downside expansion opens toward:
676.75
โ 672.80
โ 672.00
โ 667.00
This becomes the next major support cluster for the broader correction.
Contracts:
$QQQ 700P while below 703
$QQQ 695P below 695
$QQQ 690P below 690 support failure
Bigger Picture
The critical area now becomes:
706.32 weekly support
712.60 daily pivot
721.90 weekly pivot
Buyers must reclaim that cluster to have any chance of rebuilding a recovery structure.
Current structure:
Above 712:
โ recovery toward 721 โ 724
Above 724:
โ larger repair process begins
Below 690:
โ continuation toward 684 โ 676 โ 672
Below 672:
โ opens the door for a much deeper correction toward the next major higher-timeframe support zones.
Below 690: (final area)
โ opens downside expansion toward 684 โ 676 โ 667 or monthly pivot
The focus shifts from buying strength to identifying where sellers finally become exhausted and where a genuine bottoming process can begin forming.
Trade Plan ๐
$TSLA break over 394.72 โ 400C next weekly
โ to target: 398.13 โ 405.54+
$NVDA break over 206.00 โ 210C next weekly
โ to target: 208.24 โ 210.47+
$MSTR break over 123.15 โ 125C next weekly
โ to target: 126.00 โ 129.00+
$AMD break over 463.11 โ 465C next weekly
โ to target: 470.40 โ 477.70+
$MU break over 916.50 โ 920C next weekly
โ to target: 922.87 โ 939.73+
$AAPL break over 296.01 โ 300C next weekly
โ to target: 301.17 โ 304.12+
$MSFT break over 399.21 โ 400C next weekly
โ to target: 403.89 โ 408.56+
$ES / $SPX break over 7,369.13 โ 7,400C next weekly
โ to target: 7,491.00 โ 7,506.75+
$AMZN break over 243.36 โ 245C next weekly
โ to target: 245.60 โ 249.42+
$META break over 585.46 โ 590C next weekly
โ to target: 592.00 โ 598.32+
$IWM break over 283.58 โ 285C next weekly
โ to target: 284.84 โ 286.84+
$GOOGL break over 360.53 โ 362.5C next weekly
โ to target: 363.33 โ 366.20+
โโโโโโ
PUTS
Using your standard Sean format for puts based on the levels shown:
$TSLA break under 387.32 โ 385P next weekly
โ to target: 379.90 โ 369.10
$NVDA break under 201.80 โ 200P next weekly
โ to target: 199.43 โ 197.00+
$MSTR break under 114.74 โ 110P next weekly
โ to target: 107.83 โ 97.50+
$AMD break under 453.15 โ 450P next weekly
โ to target: 440.17 โ 410.12+
$MU break under 896.46 โ 890P next weekly
โ to target: 876.42 โ 850.00
$AAPL break under 290.47 โ 290P next weekly
โ to target: 279.78 โ 274.24
$MSFT break under 395.29 โ 395P next weekly
โ to target: 391.18 โ 387.02+
$ES / $SPX break under 7,247.25 โ 7,200P next weekly
โ to target: 7,133.25 โ 7,019.25+
$AMZN break under 242.58 โ 240P next weekly
โ to target: 239.94 โ 236.52+
$META break under 579.22 โ 575P next weekly
โ to target: 572.76 โ 566.29
$IWM break under 281.58 โ 280P next weekly
โ to target: 279.58 โ 278.30+
$GOOGL break under 357.68 โ 355P next weekly
โ to target: 354.82 โ 352.00
Remember the target can be used as potential reversal points.
$QQQ turned $95 into $210
The price action was subpar
Here is the major moment.
Breakout 720 to target 723+
Or fail and break 717.10 support, cut calls and potentially scalp a 714P
A breakout should let calls run for a long time.
@MattKurty@itvfootball@IanWright0@gabrielclarke05 MLS is trash bc the field is trash. I tried out for MLS and instantly lost any passion for the game. Fields play faster here than in Europe. Faster means less control.
What heโs saying is the turf is shit for their natural game