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Good Wednesday Morning, MPTraders! June 17, 2026-- Pre-Market Update: -- Today is and will be all about new Fed Head Kevin Warsh's impact on the FOMC, on the wording of his first monetary policy statement, and on the markets during his inaugural press conference...
Trading options can seem intimidating at first. I know plenty of traders who feel this way. For some complex strategies, that fear is understandable. But for basic options, trading can be as simple as buying and selling a stock.Before dismissing options outright, it is worth taking a step back to see just how straightforward and powerful they can be.Like any tool, options come with pros and cons. But used correctly, even a single option contract can offer significant leverage, allowing you to control a large position with relatively little capital.
Let's take a look at a setup we saw on June 9th in NQ futures. We had a relatively wide zone of support in the 28339-28616 area that was tested in early June. See the NQ daily chart below.We you see a zone "hold" (essentially remain above or into this zone), this is when you want to start watching for buy triggers against this zone. For a swing trade entry I like to focus on the 30-minute chart with the 8/34 ema crossover and taking out a prior swing high for the trigger.
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