Aug. 23 at 12:30 AM
$CBOE Swing Playbook: Weekly Wedge Breakout Setup 📈
$CBOE is coiling tight under resistance near
$302.76 following a major higher-low push off
$270.00 support. Aggressive buyers swept
$60.9K in 09/18
$320 Calls at the Ask, positioning for an explosive range expansion once
$302.76 clears.
BULL PLAN 🐂
• Base Entry Zone:
$290.00–
$296.00
• Momentum Trigger:
$302.76
• Primary Targets:
$320.00 ➔
$340.00
• Invalidation Stop:
$285.00
BEAR RISK 🐻
• Downside Break: Below
$270.00
• Lower Targets:
$250.00 ➔
$230.00
#CBOE #optionsflow #swingtrading #technicalanalysis #hovdid
