The YEET

The YEET

🏆Sunday YEET: GME Callout Goes Bananas, 100% on SPY Target 1's. What's Next for YEET Gang

Jam packed YEET, so grab a brew and enjoy...

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The YEET
May 06, 2024
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Hey!  I’m @yourboymilt, and welcome to the Daily Newsletter! I should probably let you know...This is not financial advice! 

Pt 1: ABU Breaks down the market Pt. 2 SPY breakdown: Pt. 3: Flow Plays and Analysis,

Brought to you by: Your Boy Milt and His Sensei Abu OmegaTrigga


🏆ABU OmegaTrigga: Mentorship Corner

Here is what the master himself who taught legions of YEET Mods Price Action foresees. A pro trader giving you their knowledge is something many would milk you for cash on, so make sure you’re taking advantage of these, and reach out to him with questions—he’s not as scary as he may seem :) Make sure you follow him on twitter @abuomegatrigga.

⚠️ABU and Milt Tag Team Price Action Pick: DKS 5/24 200p bought at a rejection of the blue trend

🕵️ Pt. 2: SPY Levels and Analysis

🌊SPY Net Flow: Neutral to Bearish

At first I thought it seems to be a reflection of what the charts are showing us, largely undramatic movement upward to come (to 524). But that little divergence at the end of the day (yellow circle) tells me the backtest I mention in the next section is coming sooner than later


🕵️ SPY Levels

Upside: 512.75, 515.32, 515.8, 516.62

Downside: 509.1111.7, 511.15,510.45, 509.11, 508.56


🕵️ SPY Charts of Note: Scalper’s and Structure

Scalper’s Chart Aka Full Levels

The space between 512.74 and 5153 is a gift, and exactly the place you enter a scalp and let it run a normal 20%. The final destination is the monthly at 524.

Structure: Watch for the reclaim

You should be paying attention to the distance we have to that channel—the price action is saying we are goin to reclaim it to the top yellow line someday soon.

SPY Results Last Week: Perfect Week of Target 1 Hits, 100% Wins for Small Accounts

This week YEET+ went 7/7 on hitting our initial target. 7/8 on hitting the second target, 5/8 on hitting the stretch target.

Largest secured win: 315% on FOMC Day

SPY Trades that hit over 100%: 5/8

🎯 Milt’s SPY Read for this Week:

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