Daily Plan 3/16 $SPY $AMD $MSFT $META $NVDA $COIN

Weekly Recap

My Key Level Tomorrow is $3876.

Scenario 1: Any IB close over $3921-$3930 could be setting up for a higher move into $3954, $3963, $3976. I believe this will be a bullish sign over $3921-$3930. (IB is Initial Balance First Hour OF Trading)

Scenario 2: If we IB close under $3876 I would be looking for downside into lows again today. Then look for possible support around those lows. If broken we can see a larger move down.

THESE LEVELS HAVE BEEN SPECTACULAR… Bottom and low the past 2-3 days give or take a few points. Crazy moves. Lot of volatility.

This is a day traders best friend.

Daily Plan 3/16/23

Scenario 1: Need to break out of KEY $3930 Level. We rejected it twice today. Once that level is broken we can continue to 3947, 3954, 3963 and 3976. Truly, market has been decently strong even during all the news. Some individuals have been very strong too.

Scenario 2: Break below $3870 and $3876 our line in the sand could lead for a waterfall effect. THIS IS OUR MAJOR LEVEL until $3821-$3830.

Major Stocks to watch $COIN $META $AMD $MSFT $NVDA

$AMD Spinning Top Reversal and Strong Continuation

$META Another strong name and breaking out of highs since January.

$SPY Decently strong even with all the news and data in the past few days.

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