Hello Everyone,

Today, we saw a decent shakeout in both the SPX/QQQ as Semiconductors sold off sharply on the ASML news.  I'm still in the temporary retracement camp for now (would need to see larger change in structure to alter that view).  Now, we need to see if today's drop gets bought immediately or more downside probing is needed. It's OPEX week and one must expect gyrations. Most importantly, continue to follow your plan and take note of support and resistance levels when trading.  We have had many big trades of late and hopefully you have prospered from a few. 

For those interested, I have requested an AZ Zoom conference call (see trading community for links posted). Very exciting story and it wouldn't hurt you to at least listen to what's unfolding in the industry and the company itself.  

ES levels posted on trading community. 

Here's a link to Tonight's Newsletter.

Please take a moment to look at the trade ideas.