Daily Plan 6.15.23
Futures Contracts rolling soon!
Good morning traders!
Stunning session yesterday as we navigated prices before and after FOMC.
First, NQ rallied +114 handles from long level to 15000 target. Then once FOMC was underway the indices began to sell offering a solid opportunity to take a scalp short which produced another 80 handles!
Once indices struggled to move lower then i was waiting for opportunity to long for a reclaim of the FOMC highs. There were a few pointers to a rally coming while we were at lows. Here is one of them:
Nasdaq rallied +190 handles into the close and Emini rallied +35 handles while both recovered the entire FOMC sell.
Nasdaq alone provided +384 handles in one session!
Plenty more winners yesterday which will be included in the recap but i want to point out how strong Nvidia was yesterday above long level. Stock moved 28 handles above level to 433 after blasting through 420 weekly target. Contracts spiked from 7.3 > 25.73.
Another name will be Gold, tremendous sell below 1970 orderflow support which I called for a 40 handle sell. Gold is trading at 1940 at the time of this post, down 30 handles. One lot in Gold is up $3,000!
Previous Day Recap
AAPL
[182.5 Calls 1.57 > 2.35]
TSLA
[260 Puts 4.85 > 11.45]
NVDA
[405 Calls 7.3 > 25.73]
MSFT
[332.5 Calls 3.39 > 6.3]
AMZN
[127 Puts 1.81 > 2.84]
AMD
[126 Puts 1.44 > 2.61]
GOOGL
[123 Puts 1.04 > 2.2]
META
[270 Calls 4.11 > 6.62]