TRADE PLAN for Thursday 📈 Ping pong market.. $SPX and $QQQ stuck in a 5 month range... We should see a resolve from this AFTER FOMC. As long as $SPX can hold 7700 and $QQQ forms a new base above 716 we should see a push back higher by the 1st week of November. Until then, tread lightly and preserve cash.... We saw negative reactions to $TSLA $IBM $LRCX earnings today and the Chip/AI stocks are all gapping lower now. Until we see $MU $SNDK $AMD $NBIS lead the market again, I'd be careful sizing up in this environment. $QQQ will enter it's 6th month of consolidation in November but I doubt it stays in this range. Get ready for a BIG move soon in the next 2 weeks. Good luck tmrw everyone!! 🫡
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