🚨 URGENT PRE-MARKET ALERT: PLTR & SPY Trade Setups!

Good morning, traders. It's Tuesday, November 11th at 5:20 AM. All right, I've got 2 stocks for you today: PLTR and the SPY. So let's go ahead and have a look. These are the largest trades in the last month on the chart, and so we can see this consolidation here back in early October. October 16th, we upthrusted. There were more There were more prints here, so we upthrusted, pulled back, then we had this hammer holding the 50. Simple. And we moved up yesterday, was a pretty good melt-up day for a lot of stocks. But we're testing some old prints here, so we're in between. So we're pulling back. We could pull back to this 4 and 8 exponential moving average here, the blue and the red, and then potentially break above and fill this gap here. Up to 202, something like that, or we can retrace a little bit further. So we'll see, we'll see what happens. Let's map this out both ways so we don't have a bias. So on our intraday, on our 5-minute here, we're going to be bullish above 192.60, target 193, 194. 194.66 is a CAM. Then we've got 195, 195.70, 196.75 here, 197.85. 199 and 199.89, right? So that gets us up to 200. And then on the downside, we're going to be bearish below 191.50. We've got this cam here, but we do have this print here at 34. So let's see if we can break through that to 191. 190.69 is the pivot, then we've got 190, and then 189.60 is this print. So we have this 200 simple, 200 exponential here as well. This could This could be support. So let's see if we pull back here and you get some volume and this holds. Remember that this is this is starting. This is bullish from yesterday apparently. So let's see what happens if this actually holds here. Then we've got the 189 level is the four and the eight exponential moving average. That's right here. So this is a lot of support here. If we break that 188. 187.33 and 186.44 is S1. So if we break through that, then we've got some nice pockets there. But just be careful here about the 189.60 level. All right, let's go ahead and look at our friend the SPY. Okay. On the right-hand side, we have the daily chart, and so we can see these massive prints here. So this is also going back a month, and you can see adding to the position. Then we've come up. There were some prints here. It looks like profit taking, like 4 million, 3.4 million, 3.7, and these are over a week old, right? So these were from back up here. We came down and tagged this print. So when everybody's bearish, You know, you're looking at the options and and everybody's going bearish. It's like well, when this came down, tagged this 3.2 million print, pushed up over the 50, and then now we gapped up yesterday. So let's see what actually happens here. We can get above these levels. We probably go a little bit higher on that. But this four and the eight exponential here will be support for the overall trend. So let's go ahead and map that out. On the intraday, we're going to be bullish above 680.13, so we'll get above here. That's the, uh, the 8th. It's also the CAM target. 680.78 is a CAM. Then we've got 681. 681.88 is this 3.4 million. 682.10, 682.75 is a CAM. Then we've got 683.41. So you've got this teeny one here, this 4.7 million. I call it a teeny because it's 1/16th. So just be careful. Usually you upthrust the dollar and pull back, something like that, and then, and then, um, and then move up. So we'll see if this print is still good here. Yeah, so 68341 is the cam, 68407 is R1, 68537 and 68670 is R2. And if it continues up, then you just stay in the trade, right? You've got over 688, you've got a nice trade up to 693. Okay, on the downside, we're going to be bearish below 679.47, which is here, and then we've got target 679. So that's getting us back here, which is our 4— sorry, our 200 Simple 200 exponential right down here. So we got to be careful of this one here. And then 678 is the 4 exponential moving average on the daily, and 677.52 here, which is also— it's sitting pretty much on a cam, and it's also the 8 exponential moving average here, which is this blue one. So this is heavy, heavy support here with the 200s, simple exponential 4 and the 8 on the higher time frame, and a print. So be careful of that. Uh, 676.92, 675.50 is the 20 simple moving average here, this yellow one. And then we've got, uh, 675.05 is a 5 million, 674.22 is a CAM Then we've got 672.40, 670, 665.23. So here we're coming up into lots of prints on the downside, like, so when you zoom out you can see where all the institutions have positions here. So if we're going to come back and test these, then these will be support and/or resistance depending on what side of the print you're on. Okay, there you have it. That's the trade setups that I have for you today, PLTR and SPY. So please like, share, subscribe, leave some comments in the comment section below, and we'll see you later today with the results of our trade setups. Happy trading!