TRADE PLAN for LOTTO Friday 📈
$S&P 500(.SPX)$ made a 80 pt reversal back to the upside today after dropping near 7670. There was so much doom and gloom yesterday. The only trade to take was the upside today on the gap down. If SPX reclaims 7800 by next week.. Bears are in trouble. SPX to 8000 once Trump announces The Iran was is Over and the Straight of Hormuz is OPEN.... Be patient, its coming.
AMD dropped to 530 and closed at 562 today. AMD to 600 can come in early November.
$Micron Technology(MU)$ dropped to 858 and closed at 931.... Even $SanDisk Corp.(SNDK)$ rallied 100+ from the lows. Tomorrow is a buy the dip scenario as long as $SPX holds 7700 and $Invesco QQQ(QQQ)$ can hold 722.
Don't let the bears scare you. We're only about 25% of the way into this AI cycle. There's lots of runway left. Good luck tmrw everyone!! 🫡
Follow me to learn more about analysis!!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
