7/27 - DAILY Game Plan - FOMC

7/27 - DAILY Game Plan - FOMC


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Stocks We Will Be Reviewing

  • FUTURES - /ES & /NQ
  • ETFs - QQQ (tech) & IWM (small caps)
  • VIX - Volatility Index
  • STOCKS - AAPL / MSFT / AMD / NVDA / AMZN / GOOGL / TSLA

/ES

Game Plan:

  • OPEN Above POC - 3929 - Need over 3936 for us to see any upside. Over could see 3961 POC then 3965 resistance tested. Over that we get an overshoot to 3955 vPOC.
    Upside Levels:  3863 > 3886 > 3899 > 3914 > 3934 > 3950 > 3965 >  4029 > 4045 > 4073 > 4093 > 4165
  • OPEN Below POC - 3929 - Below 3910 we can head to 3886 chop zone.  If all fails we will see 3863 then 3854.
    Further Downside Levels.  3834 > 3824 > 3807 > 3797 > 3758 > 3743 > 3724 >  3703 > 3679 > 3660 > 3639 > 3592.25 > 3423.25 > 3396.5 > 3227.5

POC: 3929  / VH: 3943 / VL: 3916


SPY

Game Plan:

  • OPEN Above POC - 390 - Over 392.3 we can see a push to 394. Over that we can test 396.36 we could see upside to 400 zone again. Need to close the gap at 401.45 from there we can see 405.66 if we push then possibly 409.15 vPOC. Levels: 381.85 > 383.17 > 383.89 > 387.2 > 392.2 > 390.12 > 391.34 > 396.36 > 401.45 > 405.66 > 409.15 > 412.11

OPEN Below POC - 395 - Below 390 we will see 389.31 > 387.2 where possibly support may be found short term. If that fails we will 383.17 POC tested again for support. If all fails we will see 380.26 and if we give up 380 we will go for the gap fill and test 374.28 vPOC.

Further Downside Levels.  371.04 > 368.5 > 367.4 > 365.18 > 362.17

POC: 395  / VH: 395 / VL: 394


/NQ

Game Plan:

  • OPEN Above POC 12136 -  Need over 12240 for us to see 12357 vPOC tested. Over that we can run for 12407.
    Further Upside Levels:  11847 > 11973 > 12045 > 12514 > 12227 > 12295 > 12407 > 12473
  • OPEN Below POC - 12136 - Below  12045 we can slide to 11973 zone. 11897 where we bounce could be support short term. If that fails we will see 11742 and lower. 11966 we see 11897 then 11847. If all fails 11742 then 11667 vPOC could be exposed. 11641 we see 11483 then 11373.
    Further Downside Levels: 11742 > 11667 > 11641 > 11483 > 11434 > 11373 > 11288 > 11267 > 11174 > 11061 > 10937 > 10660 > 10304 > 10171

POC: 12136 / VH: 12220 / VL: 12082


VIX

Game Plan:

  • Hold over 24.69 we will push higher and eventually see 28.42
  • Downside we can retest 22.38 were we bounced before.

QQQ

Game Plan:

OPEN Above POC - 294 -  Need over 294.93 for a pop possibly to 296 zone. from there 298.55 then 300.37 vPOC test.

Further Upside Levels:  296.94 > 299.72 > 302.33 > 304.02 > 306.34 > 308.05 > 312.65 > 313.77

OPEN Below POC - 294 - Below 293 we could see 289.05 as not much support in between. 289.05 POC we can go for the gap fill and close it. If we continue down 283.42 vPOC will be tested most likely.

Further Downside Levels: 278.8 >  274.97 > 271.78 > 269.56 > 266.75 > 259.65 > 256.84

POC: 294 / VH: 296 / VL: 293


IWM

Game Plan:

  • OPEN Above POC - 179 - Back over179.8 we can push to 180.92 from there retest 182.11 zone were we may find resistance again. If not we can try for a retest of 183.51 zone.
    Further Upside Levels: 174.58 > 176.44 > 178.67 > 179.67 > 182.11

OPEN Below POC - 179 - Below 178.67 we will see 176.44 then 175.64 vPOC tested. if that fails we will head down to 172.78k. Then we see 171. 65 and 170.7. If all fails not much support till 167.93 vPOC then 165.56
Further Downside levels: 166.55 > 165.56 > 164.03 > 162.78 > 159.68 > 153.51 > 144.88

GAPS: 175.01 > 174.34 / 168.34 > 165.71 / 157.71 > 155.89

POC: 179 / VH: 180 / VL: 179


AAPL

Game Plan:

OPEN Above POC - 151 - over152.03 we can test 153.97.  From there we can see 155.04 tested where we rejected. If we break that eventually 157.82 vPOC test. From there 160.21 vPOC.

Further Upside Levels: 148.07 > 149.95 > 150.36 > 154.19 > 157.82 > 160.21

  • OPEN Below POC - 151 -  Below 151.42 we can continue down to 150.36. If that fails 148.3 zone is next. That opens the doors to 146.41 then 144.39/143.59.
    Further Downside Levels: 143.59 > 142.41 > 140.29 > 138.84 > 137.05 > 135.92 > 134.1 > 132.98 > 131.77 > 130.64 > 128.65. 126.65 > 124.07 > 123.02 > 120.56 > 118.94

POC: 151 / VH: 152 / VL: 151


MSFT

Game Plan:

  • OPEN Above POC - 250 - Needs back over 253.81 really if we are going to see any relief bounce. Over that we can try for 254.85 and then eventually go for 257.18
    Further Upside Levels:   258.82 > 261.64 > 264.7 > 267.22 > 270.9 > 273.81 > 277.97
  • OPEN Below POC - 250 - Below 250 not much support till 247.57.
    Further downside levels: 245.94 > 243.56 > 241.8 >  238.01 > 231.78 > 229.16 > 227.3 > 224.35 > 220.86

POC: 250 / VH: 252 / VL: 249


AMD

Game Plan:

  • OPEN Above POC - 85 - Over 86.77 we can push to 88.46 and through that  90.38 POC test. If we manage to really rally we could go for a retest of 91.53 were we topped out.
    Further Upside Levels: 80.4 > 81.03 > 83.46 >  85.92 > 87.72 > 91.53

OPEN Below POC - 85 -  Below 84.83 we could continue our way down to 83.14 POC as not much support in between. If all fails 81.03 is next then 79.81 vPOC.
Further Downside Levels:  77.28 > 76.36 > 74.47 > 72.54 > 69.74 > 62.3

GAPS: 116.38 > 118.59 (up)

POC: 85 / VH: 86 / VL: 84


NVDA

Game Plan:

OPEN Above POC - 165 -Need over 166 for us to push higher toward 169.11. If we get over that 170.55 for us to retest 172 zone near vPOC. From there we can possibly push higher to 176.75.

Further Upside Levels:  162.8 > 165.78 > 168.48 > 170.55 > 172.04 > 175.19 > 176.75 > 179.32 > 182.53

OPEN Below POC - 165 -Below 164.9 we can continue the grind down to 162.8 zone then 160.69 POC we can test and break for the gap fill to 158.09.

Further Downside Levels: 156.83 > 153.05 > 150.93 > 148.75 > 140.03 > 135.04 > 126.3 > 116.93

POC: 165 / VH: 167 / VL: 165


AMZN

Game Plan:

  • OPEN Above POC - 114 - Need over 117.89 to push and close the gap. We can head to 119.73 then 121.32 vPOC test.
    Further upside levels: 113.81 > 114.81 > 115.43 > 116.45 > 119.73 > 121.32 > 125 > 126.51 > 129.03
  • OPEN Below POC - 114 - Below 114.5 we can head to 113.81 were we bounced originally. If that breaks 111.92 then 110.74 we could see.
    Further Downside levels:  112.68 > 111.92 > 110.74 > 109.83 > 108.12 > 105.92 > 103.57 >  101.9 > 98.09 > 94.54 > 90.62 > 88.59 > 84.43 > 81.16

POC: 114 / VH: 116 / VL: 1114


GOOGL

Game Plan:

  • OPEN Above POC - 105 -Need over 107.6 to hold. From there 109.68 then 109.61 we could see. Through that 111.6 is next.
    Further Upside Levels: 108.68 > 109.61 > 112.57 > 114.04 >  115.47 > 116.26 > 116.95 > 111.05

OPEN Below POC - 105 -  Below 107.6 we see 106.22. If that fails we could see 105.75/105.19 possibly but eventually test 104.06 POC again.

Further Downside Levels:   106.22 > 105.73 > 104.06 > 102.42

POC: 105 / VH: 105  / VL: 104


TSLA

Game Plan:

  • OPEN Above POC - 775 - Need over 788 for a push to 802. From there 812 vPOC and 819 can be tested next.
    Further upside levels: 678.47 > 692.15> 707.25 >715.72 > 726.9 >  732 >  747 > 782 > 802.87 > 847.95 > 870.83 > 916.14 > 994
  • OPEN Below POC - 775 - Below 768 we will see 747 to close the gap. vPOC 742.81 then 726.35 vPOC is open.
    Further Downside levels: 726.35 > 715.72 > 704.1 > 688.63 > 674.96 > 665.88 > 651.63 > 636.43 > 623.68 > 611.15 > 599.75 > 588.61 > 579.8

POC: 775 / VH: 788 / VL: 763


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