Aug 28 in General Discussion
$NVDA Earnings Today - After Hours
$SPY and the $QQQ could see a huge pop or drop after hours with $NVDA reporting earnings. Stay vigilant when holding swing plays, could be a good strangle play.
$SPY has been trading in a range for around a week now, we need to break above $565 to be able to see any major upside into new highs. Breaking below $555 would be an indicator that more downside may be coming. From the outside looking in, I would think the $NVDA earnings should push this to one of those levels.
If we’re able to break the pre-market high on $SPY could be a good idea to go long here as buyers may start coming in anticipation of the earnings play, but be very careful towards the end of the day as it could get very volatile.
Only take good setups, don’t overtrade, stay disciplined guys! Let’s make this a good day, I’ll update with any possible setups I see forming.
Have a good Wednesday 💪
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$NVDA Earnings Today - After Hours
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