Mints Take On June.
Plus EOM May MINT A.I. SPX results!
Good Evening folks!
May has come and gone. Summer is here…
They say sell in MAY and go away. But “they” are usually wrong…
I say look for good risk to reward opportunities and buy the dip in trend when Big money shows up.. This is a repeatable method I do each and every week in the centurion inner circle..
Trends have improved greatly and I will cover those in a few.
First I wanted to share MINT A.I. $SPX Vol Cluster Stats for MAY.. A nice but staggering +85% win rate from trigger entry. Many in the room can beat that stat by buying the DIP when MAI triggers as I teach and preach every day. Not point to use this tool blind folded, looking for value once it triggers is what I do, After I get into these plays, they are generally a better price than show above (trigger price). Goal is to try to bean MAI (MINT A.I.) per education.
+223% combined Avg. win rate.
+147% Avg. win on the call side
+108% Avg. win on the put side.
Really not bad in this market considering its all hype and news driven and most of may we spent in the same range..
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Moving on, Lets talk trends here for JUNE and what I’m seeing..
Trend Wise.
Trends going into JUNE…
As of today.
$SPX,$ES,$SPY,$QQQ are all 4/4 Bull trends. They are bullish on the Monthly, weekly, daily & 2 hr. Last week we dipped on the 2 hr but we got bought up again.
Some key levels I’m watching next on these names for more upside are…
SPX above 5953s
SPY above 593.5s, then 600 to run.
ES above 5950s, then 6k to run.
QQQ above 523.75s next, then 527.5s to run
The market sits at major key levels that are big money supply levels. We need to see these levels get taken out to hike from here.
Two market plays to watch
QQQ above 523.75s and the 525c is in play
SPY above 593.5s and the 600c is in play
IF WE DO NOT HOLD QQQ 520s expect this to dip back into the 515/512s range yet again. Calls will be harder below that 512s as this would lean more bearish short term..
Best to hold the QQQ 520s for now ideally for calls. (GREEN LINE).
IF WE DO NOT HOLD SPY 586s then this is more bearish and we can start to dip back again and calls will be harder to play below initially. Best to hold the SPY 590s (GREEN LINE) ideally for calls..
Big levels to defend as we retrace and hike…
I am bullish on the mkt as long as we can continue to defend and see buyers support the market as they have the last few weeks..
IF you want my daily analysis, levels, trade ideas on All the FANNG Names and the market itself..
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