Saturday Trades Friday Update 9/27/2024
Markets almost ready to break
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Markets appear ready to break, that doesn’t mean today. With the overbought conditions, the window dressing we are seeing are signs that markets are reaching a top soon.
We can’t say when but all signs point that the rally is nearing the end. With the end of the quarter here, we may get a better rally to sell between today and Monday. Be patient
Roll SPY, QQQ, and IWM to Monday
HAVE ORDERS WORKING ON THE FUTURES, THERE COULD BE WILD SWINGS
Sell 6 MES Futures – 5762
Buy to open 5 568 Calls September 27th
Sell 6 MNQ Futures – 20028
Buy to open 5 482 Calls September 27th
Bubba