Market Clubhouse Morning Memo – July 17th, 2023 (Trade Strategy For SPY, QQQ, AAPL …

Please try another search Published Jul 17, 2023 15:37 Updated Jul 17, 2023 16:40 © Reuters Market Clubhouse Morning Memo – July 17th, 2023 (Trade Strategy For SPY, QQQ, AAPL, NVDA, TSLA, AMD, And NFLX) Benzinga – Good Morning Traders! In today’s Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, NVDA, TSLA, AMD, and NFLX. Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members during our daily Morning Call, prior to the opening of the market. We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market’s pulse to optimize your trading gains. Now, let’s dive into the stock analysis: SPDR S&P 500 ETF Trust SPY (ARCA: SPY) is showing a minor downtrend in Monday’s premarket session but remains above our pivotal 447.94 level. A robust hold above this level could pave the way for SPY to reclaim 449.42, and thereafter challenge 450.23 and 451.01. A highly bullish market could even push it towards 452.55.
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