SPY Levels 11/16/22

Good Morning Trader!

Quote of the day: " When you're in your lane, there's no traffic." - Ava DuVernay

Stay in your lane and don't you dare peak over to the right or left. My mother always used to tell me nothing good happens after 12. Similarly, no matter if you are ahead or behind the person next to you it will either get you discouraged and lead to bad risk management or it will lead to a false sense of confidence. Trust YOUR process in life and in trading. Trading is a life skill, this week, month, year performance will not decide the fait of your life. (Unless you have bad risk management in that case I will find you).

SPY Levels for the day: As talked about on Sunday we are continuing to flirt with this range, I see a lot of short bias coming in around 400. Let the trade come, I think we need to squeeze out all the no edge, let me get short at 400 traders.

No interest zone: 395.88 - 399.69

Above Targets: Above 399.69 and we will see 401.09 and 402.70 with enough of a squeeze

Below Targets: Below 395.88 and we can revert to 395.21 first then 394.03 and enough push 392.11 in play

As promised I will include other tickers: In the league discord I share about 10 tickers with levels, I have been including amzn but today I chose TSLA

TSLA Levels for the day: No Interest: 189.82 - 194.66Above Targets: Above194.66 and we will see 197 and potentially 198.37Below Targets: Below 189.82 and we will see 188.52, 187.72 and potentially 186.42