To the left, to the left, everything you....

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Hey traders how are you today?
If you’re new here welcome
The markets today
$DJI ( ▼ 1.06% )  
$SPY ( ▼ 1.79% )  
$QQQ ( ▼ 2.4% )  
$IWM ( ▼ 1.8% )  

Tell me you know the “The Queen B"
Who’s in “The Hive?”
Well Beyoncé has this break up song, it goes like this::
“To the left, to the left, everything you own in a box to the left”

What did I say last night?

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They will set price targets a few different ways
1st look to the left and see if there are any Gaps in that area before
2nd look to the left to see if there are any Gaps at a higher price if the stock has retreated
3rd ROUND SOLID NUMBERS
What’s the next big round sold number? Yepppp $110.00
Those aren’t guarantees,, but they are guidelines
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Does #2 look familiar today?

Right now, here, today, in this current market environment, the #1 single chart that we should be focused on is this

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It isn’t often that we as market participants get placed “on hold” in this manner
We here at theoptionscoach.net mentioned a 4-5 weeks ago that the selloff would be slow and gradual and not a steep drop and bounce
“The Curl” the market is still “Curling”
But it’s also “hanging on”

There’s a gentleman that reads this that I know in real life
Like me he’s a artist at heart ( we sometimes paint together, and I attend his showings )
He’s a Veteran, father, grandfather ( we have those 3 things in common also ) and VERYYYYYY much to my surprise is 81 years young!! ( I thought he was 73sh )

Well he’s worked out his entire life, he called me today to share that he started doing the “dead hangs” at his gym, he can now hold himself for 21 seconds and do 4 pullups!!!!!

I told you guys last week that those “Elmers” can hang!!!!!!! 🏋️‍♂️ 🏋️‍♂️ 🏋️‍♂️ 
It comes from working with their hands their entire lives, many still have tremendous grip strength. And most of them don’t carry extra weight

Right now this market is at a “make or break point”
How long can it hang at this level before it bounces or breaks down?
This shouldn’t be something where we’ll have to wait long to find out

Our “friends” today
$AMZN ( ▼ 1.99% )  
$CASY ( ▼ 0.2% )  
$CAT ( ▼ 2.23% )  
$COST ( ▲ 0.47% )  
$GE ( ▼ 3.71% )  
$HD ( ▼ 1.24% )  
$JPM ( ▼ 1.16% )  
$NVDA ( ▼ 4.05% )  
$WMT ( ▼ 0.72% )  


The Options Coach