OptionsPlay DailyPlay

DailyPlay Positions Outlook:

Markets have taken a turn lower as momentum shifts to the bearish side, the probability of a pullback has increased. Despite this, markets remain above major resistance levels and are neutral rather than outright bearish. If SPY breaks below $300-302 and QQQ below $237-240, that would put the markets in a more bearish tone. For now, we are adjusting our positions to reduce our long exposure as we see limited upside in the markets. 

Closing Trades

 

Upcoming Education

Live Market Analysis Session with Tony Zhang – Thursday @ 4:15 PM EST

DailyPlay Trades & Performance

New! Track the performance and history of our DailyPlay trades with our new spreadsheet!