🏟️Tuesday Market Pre-Game: Walkthrough for tomorrow, Film Review for today, YEET Plus up 6-0 end of the 1st
Game Day arrives tomorrow morning. Let's get it!
End of the First Quarter in the real thing! For the initiated YEET Plus is playing a little game of football this week.
👀 At the end of Quarter 1 the score is 6-0 YEET
4 Quarters Monday-Thursday. Friday is a fun day, like a Pro Bowl or something. Also any swings that needed more time to close out.
Each 10% of realized gains from a play is a point for YEET
Each 10% realized loss in a Stop Loss is also a point against
The goal is to win HANDILY in each game—and also teach a valuable lesson along the way about the necessity of equivalent/appropriate sizing.
📼 Game Tape: Trade Review of today including an important Unusual Whales Market Tide walkthrough
🏟️ Pre-Market Prep—Game Plan Walkthrough
I got a lot of messages and responses to how helpful people found the game plan walkthrough step-by-step so I’ll try to do that regularly.
🏈 1. The Continuation Bear Scenario
ES falls in line with Price Action Principles to:
a. The next monthly level 5311, which is roughly SPY 527 (YIKES!)
b. The trend line forming below comes into play and provides a support, sending SPY to retest the monthly with a potential scam candle reaching the SPY hourly gap level it missed out on today
🏈 1. The (bullish*t) PPI Bullishness Scenario
a. PPI shouldn’t be a big difference maker unless the number was truly, REMARKABLY bullish—and even then Price Action would outweigh any huge move. I’d be on the lookout for a pull-up to the same gap level in that unlikely scenario.
