SPY Levels 11/18/2022

Author

Mitchell Hennessey
November 18, 2022

Good Morning Trader!

  • Quote of the day:  "Warren Buffett told me once always follow your gut. When you have that gut feeling, you have to go with don't go back on it." -Lebron James

    I love this quote for no headache Friday. How many times do we not trust our instinct and it ends up screwing us. Now I do not mean trading on Instinct because I believe in having systematic scalable approach. However, I believe trusting what your gut is telling you. Gut is telling you to keep pushing through hell and learning trading, listen.

    Before Levels: If in the League I will be selling all SPY Calls at open.

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    SPY Levels for the day:

    No interest zone: 396.18 - 398.38 

    Above Targets: Above 398.38 and we will see 399.25 and 399.78 enough push 401.75

    Below Targets: Below 396.18 and we will see 395.81 and 395.2 enough push and we will see 394.44

    As promised I will include other tickers:

    TSLA Levels for the day: No Interest: 183.8 - 186.71Above Targets: Above 186.71 and we will see 187.4 and 188.51Below Targets: Below 183.8 and we will see 182.69 and 182