Daily Plan 2/10
Hello traders,
We had a great trading day today in the chat with shorts paying us repeatedly.
We went short GOOGL 0.00%↑ via puts and the puts tripled by EOD.
Then we went short the spooz and SPY 0.00%↑ with 0dte puts and those went 5x by the end of the day. Then a timely warning was sent to not be long and we saw a waterfall of about 40 points.
These were the levels given in yesterday’s plan.
For tomorrow, we will need to look at two crucial events.
UK GDP: The UK GDP comes in at 2:00am ET and would likely set the tone for the London session. As long as we do not see an extreme reading, ES should not be impacted for more than 10-15 points.
Michigan Consumer Expectations: The Consumer expectations come at 10:00am ET and as long as the number does not flirt with the 50s the market should react positively.
Levels for ES:
ES is currently trading at 4089 and as of writing this post a short idea was sent on the substack chat when ES was at 4096-07. Join Chat now to not miss out on ideas.
