With the markets a little crazy right now, I think it’s important to stay out of the madness.

However…

There’s one chart I really like heading into the holiday weekend.

This one has a solid structure. And I actually covered it earlier this week in my Monday Morning Watchlist.

In today’s video, I also go over the SPX, possible levels for a bounce and my overall feelings about the markets.

You won’t want to miss this one.

Click the image below to learn more.

YOUR ACTION PLAN

I like Lockheed Martin (NYSE: LMT). Ideally, if there’s a move down to $470 or so, then I plan to buy the January 2023 $480 calls expiring on the 20th. But remember, the holidays are almost here, and right now is just not the time to get heavily involved in trading. That’s why I’m focusing on quality over quantity.

And if you want to see how to consistently make quality trades in real time, I recommend checking out The War Room. In the worst economic climate since 2008, Bryan and Karim maintained a 77% win rate, which shows you the power of smart speculation trades. If you sign up today, you’re guaranteed to receive 252 winning trades in your first 12 months of membership.

Join the War Room community today.

TESTIMONIAL TUESDAY

“I closed the 1 shares/contracts I opened (on Boeing) at $4.08 for $5.69. 40% gain in 5 minutes! Thanks, BB.”
– Tammy D.

“In (JPM) this morning at $2.60, out at $3.42 for a 31% winner.”
– Dino