Fed Chairman’s Jerome Powell’s comments tomorrow – and with that – a lot of potential volatility is in the indexes.

So, over these next few days, I’m looking to stay light.

However, I have one strong trade setup that I’m going over in today’s video.

Click the image below to get the trade.

YOUR ACTION PLAN

Carvana (CVNA) has a great TPS setup. As you’ll see in the chart below, there’s a trend, a pattern and a squeeze. I’m looking for entry near $79-80 and a stop under $75.

(Click to enlarge)

If you want more trade setups like these, I recommend joining me in Daily Profits Live. From March 7th to March 12th, I closed 18-of-23 winning trades for a 78.30% win rate, including a 368.42% gain on CVNA in 1 trading day.

Click here to see how you can follow along with my trades in real time in Daily Profits Live.

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

“NFLX -avg in 3.6 – out 7.5 = 108% (gain in 3 trading days) – thanks Nate.”
– BradT

“Out (of RTX) @ 11.15 net credit (in 143 trading days), Thank you Karim!”
– MK60

“In (DLTR) at 5.80, out at 18.50! (218.9% overnight gain), Definitely a whale! Thanks Bryan!”
– IlliniOne