Attached is the current chart I will be using to make trades on the NDX:
Low Risk:
When the NDX reaches the magenta line, sell. NDX will continue to the orange and reject at or back within the channel.
After rejecting, NDX will form a bull trap on the way down that rejects for confirmation at the magenta line.
Buy puts and hold to desired target.
Buy calls after a bounce from the green line.
High Risk:
Hold bullish position all the way to the orange line.
Buy bearish position at the orange and hold all the way to the green.
Buy bullish position as soon as a green touch occurs.
Low Risk:
When the NDX reaches the magenta line, sell. NDX will continue to the orange and reject at or back within the channel.
After rejecting, NDX will form a bull trap on the way down that rejects for confirmation at the magenta line.
Buy puts and hold to desired target.
Buy calls after a bounce from the green line.
High Risk:
Hold bullish position all the way to the orange line.
Buy bearish position at the orange and hold all the way to the green.
Buy bullish position as soon as a green touch occurs.
Happy trading. TA is God tier