I’ve never seen this kind of violent movement in the markets before.

The indexes are clearly overbought, and I’m starting to see the pullback I’ve been waiting for.

Plus, the latest swing is presenting a unique trading opportunity.

In today’s video, I show you my absolute favorite chart on the planet right now.

Click the image below to get the trade.

YOUR ACTION PLAN

My favorite chart right now belongs to Super Micro Computer (Nasdaq: SMCI). The reason it’s my favorite is it checks all three boxes of my TPS system. There’s a clear move higher, a pattern and a squeeze with a shift in momentum. It’s perfect! To play this setup, I’d like to buy the February 16, 2024, $330 calls when SMCI is around the $260 area.

(Click to enlarge)

If you want to get more trade ideas based on my unique TPS charting system, I invite you to join me in Daily Profits Live. I’ve closed multiple winning trades over the last few days, including a 100% winner on Ulta Beauty (ULTA) in three days and a 60% winner on Meta Platforms (META) in one day!

Click here to get access to Daily Profits Live today.

P.S. I love answering your questions. It’s the best and most rewarding part of my gig. If you have a ticker or chart you want me to break down – or just a general trading question – please email me at feedback@monumenttradersalliance.com. I’ll let you know my thoughts on a few submissions in a future video.

TESTIMONIAL TUESDAY

“PSTG In both sides $2.87 out at $5.48 for an overnight 91% gain. Thanks Bryan. Thanks War Room.”
– tlee9999

“CRM in at $1.14 out at $2.12 [for an 85% gain in one trading day] 20 contracts thanks NATE”
– traderplumber