Options Flows w/ Trader X

Hello traders!

I hope everyone is enjoying the week so far ahead of the FOMC event tomorrow which should be the catalyst to get this price-action moving and some of the names I’ve shared with members going as well.

On the Sunday post I shared with you my SP500 views and we tested that $6840 area this week and are hovering all day around $6850 and it’s not really much of a coincidence once you understand that this (the futures) is all price action and levels — and for you non-believers, stick around and maybe we can convert you

So, what’s the plan tomorrow with all of this? That’s the question (if you are a reader of this membership) and trade short-term to ask.

If we cannot hold $6840-$6850 » $6800-$6790 » $6760-$6770

If we do hold $6840-$6850 » $6910-$6915

Right now, it looks pretty bearish but that’s just my view, I don’t have a trade on with that view so it means nothing.

I am actually more bullish on the Nasdaq right now (and maybe that leads this SP500) so I want to talk about that quickly tonight with readers as a play on FOMC.

  • Quick updates to my open book

  • Nasdaq FOMC Trade notes

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