2/21 Daily Market Note: My readers bring me luck. Hopefully I return the favor.

NQ 17450 pays off.

Folks -

I have come to believe that my readers bring me a lot of luck - there is no other explanation! Before I get into today’s note, I want to say thank you! I will do my best to return the favor!

In my pre-market note this morning, I observed the following:

• An important neckline for NQ (Nasdaq-100 Proxy) at 17500-17490 and that a break here will retarget 17450.

17450*

• We can see the NQ somehow heard us, and cascaded down to visit the 17450 region!

Hello 17450

I will share the specific details in how I participated in this below the paywall, but here’s the big picture.

Go Intraday Bear beneath yesterday’s mentioned 17550 neckline with a Stop right at 17550

Capture a PIECE of the downside. Yes, we flushed down to 17450, but I didn’t get to cover exactly at that low. A Piece is what we look for , many times not possible to catch whole meal.

17450 :)

Below I will talk about how I combine intraday shorts with 0DTE Puts in a combination called “Covered Puts”.

Come join us for some education, some market navigation, and some good karma. Thank you for your support -will continue to do my best.

All I want to do is help my readers see some green in a sea of red.

Managed to squeak out some green. Can’t be greedy. That’s it for the day. I’m good. Market can recover without me if it wants (I have to do Youtube work now lol).