COST has been a monster bullish stock that has just dropped into a major auction support zone. Although the stock does have earnings on 3/4 after the close, I expect the stock to hold support in this auction zone. Here is the ThinkorSwim Shared Chart: http://tos.mx/oiMB1dK

I'm re-opening my bearish position in the SPY as I anticipate a drop down to the 350 - 340 price levels over the next 1-2 months. http://tos.mx/dNFLGrc

Captured over 30% profits in this one in less than 1 day and putting an order out there to open another position on this one again should we drop into this support level today. As discussed over the past week, I expect AMC to continue to rise at least to the 9.50 price over the next several weeks. This is more of a post-pandemic opportunistic investment for me that I am willing to hold for a few months if needed. Minimum upside from where we currently are brings us up approx. 25% Here's my chart analysis: http://tos.mx/R8kfJAi

As discussed over the past week, I expect AMC to continue to rise at least to the 9.50 price over the next several weeks. This is more of a post-pandemic opportunistic investment for me that I am willing to hold for a few months if needed. Minimum upside from where we currently are brings us up approx. 25% Here's my chart analysis: http://tos.mx/R8kfJAi

As discussed over the past several Post-Market Review's, as well as the most recent 360 Review, I expected price to rise up into the 3920 price level and find solid resistance. Price should continue to find resistance at the level until we drop down to approx. the 3875 price level.

NFLX is currently sitting right at a major auction zone. I expect NFLX to continue to bounce between the zone above and below the one we are currently trading at for the next several weeks. As such, an Iron Condor made the most sense and has a high probability of accuracy. Here is the ThinkorSwim shared chart: http://tos.mx/ZX4zOEA

This is somewhat of an earnings play. With MCD right in between 2 major zones, I expect the price to continue to trade within those levels through the expiration of this position. Here is the shared chart for MCD: http://tos.mx/LdzxBg4

With the SPX falsely breaking out on Friday which has become evident with price pulling back below the long-term auction zone, I expect the SPY the have a continued migration lower over the coming weeks down into the 350-340 price levels. http://tos.mx/iQQuUOQ

We broke below a major short term auction zone. Should be continuation lower over the next several sessions.

As discussed on our Monday morning Position Review meeting when we discussed management of the QS position, the stock has made it back within the auction zone I was looking for it to rise in to and I am now going to start selling short term short calls to reduce my cost basis a bit.