Choppy but quiet day ahead FOMC Wednesday. Many names are oversold but market not showing much love yet. If sell off hits again, QQQ weekly 200 MA is at 263's. Expecting volatile action after FOMC as usual. Active trading only on our go-to intraday setups, red to green, green to red. open range breaks. intraday base breaks, panic sell-off and reversal etc.
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Check out our watch list and game plan:[caption id="attachment_65938" align="alignnone" width="800"]
PDD China’s relative strength. 200 MA resistance. Watching on a red to green.[/caption][caption id="attachment_65937" align="alignnone" width="800"]
BABA Over 106 for gap fill.[/caption][caption id="attachment_65936" align="alignnone" width="800"]
COIN Inside day. Watching 53 in case if bounces.[/caption][caption id="attachment_65935" align="alignnone" width="800"]
META Oversold but no love yet. Keeping an eye.[/caption][caption id="attachment_65934" align="alignnone" width="800"]
DAWN Watching 16 spot.[/caption][caption id="attachment_65933" align="alignnone" width="800"]
SOXL Semi-Conductor ETF. Oversold, watching back over 16.20 in case market catches a bounce.[/caption][caption id="attachment_65932" align="alignnone" width="800"]
BILI Bouncing support. Watching 26 spot.[/caption][caption id="attachment_65931" align="alignnone" width="800"]
AMZN Hanging onto deer support. Will find out soon if this holds or not.[/caption]
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