Talk about volatility.

We were lulled to sleep last week, but right now, the SPX is showing a fresh daily squeeze.

For me, this is a sign to go fishing for plays.

I have several patterns I’m looking at, and I go over all of them in today’s video.

Click the image below to see the trade setups.

YOUR ACTION PLAN

I’m looking at the weekly chart on T-Mobile (TMUS). It has a beautiful cup and handle pattern on the weekly chart. I’m trying to get long off the 55 exponential moving average (EMA), which is around $140, and then I’ll be looking for the weekly squeeze to trigger higher and take us over the $150 level. For this trade, I’m looking to buy the June 16, 2023, $140 calls.

(Click to enlarge.)

P.S. If you’re looking to start making trades alongside me in real time, I recommend you join me in Daily Profits Live. I’ve closed five winning trades over the last two days, including a 135% winner on Nvidia (NVDA) in three trading days. My mission is to turn a $37,000 account into a $1 million account in verified trading profits, and I’m inviting you along for the ride.

Click here to get in on the action with Daily Profits Live.

TESTIMONIAL TUESDAY

“I closed the 5 Shares/Contracts I opened (on AXP) at $5.01 for $5.85 (in 3 trading days). Great way to start the week! Thanks BB!”
– Ednchina

“I closed the 1 Shares/Contracts I opened at $5.00 for $7.00 on QCOM (overnight).
Thanks for a 40% Friday winner Bryan!”
– Chris F.