📈 Trade Plan – July 6
Here’s what I’m watching going into today’s session:
$SPX: Back above 7500 at the open. If that level is rejected, a gap fill lower could come into play. A break below 7400 would be a key level to watch, as it could open the door to further downside. The market has been trading in a broad range since early June.
$MU: Trading above 1000 premarket. Holding that level would be constructive, while losing it could see the pullback extend toward the 800–821 area.
$AMD: Up roughly 20 points premarket. As long as 500 holds through July, I’ll be watching for a potential move toward 600+ into August. Above 540, the bullish momentum could continue this week.
$QQQ: Opening back near its previous all-time high around 722. Holding above 722 keeps momentum intact, while a break below 700 could bring 686 and potentially 661 into focus. A move above 731 would strengthen the bullish case.
These are the key levels I’m tracking today not predictions, just the areas that could influence my decisions.
What setups are you watching today? Good luck, everyone! 📊