DailyPlay – Adjusting Trade (GS) & Closing Trade (FSLR, CRWD) – August 08, 2025
Closing Trade GS Bullish Trade Adjustment Signal...
Read MoreBulls managed to muster the most strength that we’ve seen in a few weeks yesterday. We closed just above the top of the Daily Cloud and we will see bulls can push higher today into the 4050-4100 resistance area (conversion and base line), otherwise, we could see a retest of the 3900 support (cloud bottom) and a potential break towards 3700. Any further strength would be an opportunity to seek additional bearish exposure. Until then we will take this opportunity to reduce some of our long exposure in USO on weakening demand outlook and adjusting our INTC diagonal as we approach the expiration of the short strike.
Close the Full USO Position @ $0.24 Debit
Roll the Sept 9 $38 Call to the Oct $35 Call @ $0.24 Credit
S&P500 Index
Closing Trade GS Bullish Trade Adjustment Signal...
Read MoreXYZ Bullish Opening Trade Signal Investment Rationale...
Read MoreCRWD Bearish Opening Trade Signal Investment Rationale...
Read MoreClosing Trade PINS Bullish Opening Trade Signal Investment...
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