
TRADE PLAN for Tuesday 📈 $SPX and $QQQ held up well today after SPX dropped to 7611 on Friday. If SPX tested 7700 today but rejected quickly. SPX Needs through 7700 after FOMC to look more bullish.. $QQQ dropped to 701 last week and popped up to 715 today. IF QQQ can hold above 707 and SPX holds 7620 the market can start to form a bottom. Be aware that we still have FOMC+ $MSFT $GOOGL $AMZN $SNDK earnings and GDP/PCE numbers coming on Wednesday and Thursday. We started to see the Chip and memory stocks look stronger today. $MU held 900, $SNDK closed +20 and $AMD up 14 on the day. $SMH can start to bottom as well if it holds 525. We'll see if a bottom forms by the end of next week. Tread lightly until the first week of November. Good luck tmrw everyone!! 🫡
