Uptrend
Dist4

SPX Intraday · X / Twitter

SPX / ES Levels

Daily Gemini extraction · best effort.

Key Levels
7700
critical pivot
7745
resistance
7620
support

SPX is consolidating near 7700. A move above 7745 would signal a bullish setup for calls, while failure could lead to a drop to 7620.

@eliteoptions2 · Thu, 20 Aug 2026

TRADE PLAN for Thursday 📈 $SPX another consolidation day today near 7700. SPX needs to get back above 7745 to start looking at calls. if SPX starts to fail, we can see 7620 again. $QQQ is stuck under 722, once it reclaims this level it can pop back up to 726-730. If 712 fails it can drop to 707. $BTC finally starting to show some signs of life after ten months of consolidation. IF BTC can reclaim 72k it can move to 80k again. $MSTR to 115-120 if BTC runs to 72k this month. Chip and memory stocks are still consolidating the past few days. We need to see $MU back above 1000 and $SNDK above 1700 to see memory lead again. Good luck tmrw everyone!! 🫡

@eliteoptions2 · Wed, 19 Aug 2026

Nobody warns you about these trading truths… - One bad trade can wipe out months of profits. - Some days your best strategy won't work. - No indicator will ever fully predict price. - The market will humble you right when you feel invincible. - Uncertainty never disappears no matter how long you've traded. - You will still make mistakes after 16 years. - Your biggest lessons will come from your most expensive losses. - Controlling yourself will always be harder than understanding the market. Share this for good luck and save it. You'll thank yourself later.

@eliteoptions2 · Wed, 19 Aug 2026

Learning how to trade options is the greatest skill you’ll ever learn. I don’t make the rules.

Key Levels

The market is consolidating near recent highs after a significant move last week, with the trader currently observing and awaiting CPI data. They view the consolidation as a good sign but see few immediate trading opportunities.

⚠ Eigene Analyse notwendig — keine Handelsempfehlung.