I'm Brando- Day trader for 15 years. ๐ ๐ฐ I'm here to share my knowledge, experience, and help educate all traders. Link below for the discord โฌ๏ธ
$SPX Trade Idea: Sept 23 7700C / 7550P
Bullish Trigger: 7638 โ
Bullish Target: 7700 ๐ฏ
Bullish Stop: 7600 ๐
Bearish Trigger: 7600 โ
Bearish Targets: 7550, 7520 ๐ฏ
Bearish Stop: 7620 ๐
SPX dropped to 7507 after FOMC and rallied back to 7650 by the end of Friday.
If SPX can defend 7620 this week, which was a previous ATH, we can see 7700 again. Calls can work above 7638 early this week.
A move through 7700 could set up 7800+ if we get positive news with Iran.