Bears Lost Their Chance... | Options Trading Weekly Watchlist | 27 September 2021

During the Weekly Watchlist we review the best stocks for options trading. We go over key levels of support and resistance and create an actionable game plan for the week of September 27th 2021.

► SECOND CHANNEL: https://www.youtube.com/channel/UCXugkIOh3Ql-0n_Sf9UXY4Q
► TECHNICAL ANALYSIS COURSE: https://tradebrigade.co/learn/
► 1-on-1 GUIDANCE CALLS: https://tradebrigade.co/1-on-1/

► USE THIS BROKER FOR TRADING: https://tradebrigade.co/webull/
► USE THIS BROKER FOR INVESTING: https://tradebrigade.co/m1finance/

► SWING TRADE NEWSLETTER: https://tradebrigade.co
► INSTAGRAM: https://www.instagram.com/tradebrigade.co
► DISCORD: https://tradebrigade.co/discord/

Thats it... The bears lost their chance... If they were going to do any meaningful damage to the market structure, they would have kept it lower for the week, and not let the buyers recapture the SPY 50 SMA with such ease. Now granted, we could see a higher low pullback, but the odds do not favor a move down to the recent lows from Monday.

In the S&P500 we are watching the resistance trend line like a hawk for a potential break to make it back to the top of the daily range at 448.35. If a higher low pullback does come this week, we are watching for it to hold 439.66, Thursdays emotional rally low.

In the QQQ and Nasdaq we see a cleaner gap fill, as well as more room to the resistance trend line, and now two touches using the 50 SMA as support. Break of 375 puts into play the top of the daily range at 379 and the 50 SMA is the line in the sand to the downside.

IWM and the small cap stocks are still signaling neutral risk back in the middle of the balance where we know no opportunity arises. This is noteworthy as small caps are signaling AGAINST a larger downdraft in the market as of right now as well as AGAINST a huge breakout to the upside.

We also look at the following trade ideas: X, KR, SQ, Z, DASH, BLDP, COST, AUPH, URBN.

00:00​​​​​​​​​​​​​​ – Intro
00:35​​​​​​​​​​ – Broad Market (SPY, QQQ, IWM)
10:10 – Core Companies (AAPL, NFLX, TSLA, BABA, FB, NVDA, MSFT, AMZN)
22:00 – Trade Ideas (X, KR, SQ, Z, DASH, BLDP, COST, AUPH, URBN)

If you're a day trader looking to make fast money online options trading, you certainly need to keep these areas of support and resistance in mind, as well as any technical patterns, before the opening bell on Monday morning. Stock analysis like this will save you a ton of time.

Going into the day with a plan is important and will give your options trading the edge you need to be a successful retail day trader. This stock analysis gives you that edge.

Instead of looking at stock market news and googling 'stocks to trade today' or best options to buy today, every Monday morning, technical analysis makes my job a lot easier. A quick glance at the stock chart can tell me where to expect buying and selling battles.

Our core watchlist are the stocks that are always on our options trading weekly watchlist. Some people call them hot stock picks but we like to call them our ATM.


#OptionsTrading #TradeIdeas #TechnicalAnalysis

DISCLAIMER: The information provided in this video is for informational purposes only. It should not be considered financial or legal advice. I am not a Registered Investment Advisor. Buying and selling financial instruments is highly speculative and carries risk.