This Chart Checks All the “Trade Me” Boxes

The SPX recently had a nice move up, but right now it’s pulling back slightly.

This is healthy.

Now I have a good idea of where the SPX could be going.

So in today’s video, I’m going over how I’m setting up my latest trade according to this data.

Click the image below to see what I’m looking at.

A Trade Setup Off The SPX Squeeze

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YOUR ACTION PLAN

Right now, I’m looking to buy FedEx (NYSE: FDX) calls on a pullback to the 21-day moving average of around $228. If I get that pullback, I’ll look to buy the June 16, 2023, $230 calls. See the chart below to get a better idea of how FDX is setting up based on my TPS system.

FedEx Stock Chart(Click to enlarge)

P.S. If you’re interested in seeing how my TPS system works in real time, then head on over to Daily Profits Live. Last week I closed 13 winners out of 14 trades for a 92.86% win rate. And if you sign up today, you’ll have access to my “Million-Dollar Club,” where you’ll be able to watch my livestream sessions for as long as it takes me to meet my next trading goal.

Click here to learn more about my current mission with Daily Profits Live.


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TESTIMONIAL TUESDAY

“I closed the 2 shares/contracts I opened at $1.11 for $4.60 on PARA. Bought to open 19 May 23 puts for $1.11. Sold to close at $4.60 for a 297% overnight gain. Thanks Bryan. Thanks War Room. Wow, this was a good one. Made $683.00.”
– Tlee9999

“I closed the 3 Shares/Contracts I opened [on CVNA] at $1.08 for $3.70. Calls only for an amazing 242% overnight winner… winner winner chicken dinner… Thank you Bryan.”
– Fred_L