Trading Block

New Trade Setups Added Long: ProShares Short QQQ (PSQ) *See notes below* Note: Trade setup is based off of QQQ chart, which is what I diagram below.  Ideal Entry: 14.39 Stop-loss Option: 13.79 Target: 15.37 Risk Rating: 3.6 PSQ (setup based off of QQQ chart): If my ideal entry is triggered in the first 30 minutes of a trade setup,

New Trade Setups Added Trading Notes: No additional trades going into tomorrow as I want to wait and see whether we get follow through tomorrow on the trades made today, in addition, I am interested in targetting potential software and/or semiconductor trades and while the Nasdaq is showing the potential for holding this bounce, it has

New Trade Setups Added Long: Wynn Resorts (WYNN) *See notes below* Ideal Entry: 136.90 Stop-loss Option: 131.18 Target: 152.25 Risk Rating: 3.6 Long: iShares Nasdaq Biotech ETF (IBB) *See notes below* Ideal Entry: 152.41 Stop-loss Option: 145.22 Target: 170.00 Risk Rating: 3.0 IBB, WYNN: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the

New Trade Setups Added Long: iShares Nasdaq Biotech ETF (IBB) *See notes below* Ideal Entry: 153.12 Stop-loss Option: 145.22 Target: 170.00 Risk Rating: 3.0 IBB: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break

New Trade Setups Added Long: PayPal (PYPL) *See notes below* Ideal Entry: 230.01 Stop-loss Option: 223.07 Target: 300.00 Risk Rating: 3.6 PYPL: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the highs

New Trade Setups Added Long: New York Community Bancorp (NYCB) *See notes below* Ideal Entry: 12.33 Stop-loss Option: 11.95 Target: 13.78 Risk Rating: 2.6 NYCB: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break

New Trade Setups Added Trading Notes: No new trade setups today. Definitely not going to add more short/bearish exposure here, and quality long setups are far and few between outside of oil plays. Two inverse ETFs were added as the market continued its breakdown yesterday. These were 'line in sand' entries, to where, if the market

New Trade Setups Added Long: ProShares Short Russell 2000 (RWM) *See trade notes below* Ideal Entry: 22.90 Stop-loss Option: 21.68 Target: 27.10 Risk Rating: 4.1 Long: EOG Resources (EOG) *Sent Yesterday Intraday* Ideal Entry: 67.38 Stop-loss Option: 63.40 Target: 82.20 Risk Rating: 4.0 Long: ProShares Short S&P 500 (SH) *See trade notes below* Ideal Entry: 17.69 Stop-loss Option: 16.96 Target: 19.28 Risk Rating: 3.8 SH, RWM: If my ideal

New Trade Setups Added Long: ASML Holdings (ASML) *See trade notes below* Ideal Entry: 587.30 Stop-loss Option: 559.64 Target: 642.00 Risk Rating: 3.7 Long: ProShares Short S&P 500 (SH) *See trade notes below* Ideal Entry: 17.69 Stop-loss Option: 16.96 Target: 19.28 Risk Rating: 3.8 SH, ASML: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not

New Trade Setups Added Long: ASML Holdings (ASML) *See trade notes below* Ideal Entry: 587.30 Stop-loss Option: 559.64 Target: 642.00 Risk Rating: 3.7 Long: ProShares Short S&P 500 (SH) *See trade notes below* Ideal Entry: 17.69 Stop-loss Option: 16.96 Target: 19.28 Risk Rating: 3.8 SH, ASML: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not