Chart of the Week (2/12/2023)
Trade Idea - /NQ Looks to be headed to 11500 and that's where I'll start buying long term positions. Fed reduced balance sheet by 500B during this charts time frame and the market seems unbothered, if they increase the runoff cap I will reevaluate.
Short Term Option Trade -
We all have different time horizons, short term trades for me are at least 2 weeks long but once my price target has been reached I remove risk.
RISK DISCLAIMER: Trade at YOUR OWN RISK, I am NOT a Financial Professional and I do not post nor offer financial advice. My trade ideas are simply visual representations of my thought process.
