📈 Thursday Trading Plan

The market continues to maintain a strong upward momentum, with bullish sentiment still prevailing.
🔥 $SPX – The Uptrend Continues
The S&P 500 index has surpassed the 7,400 mark as expected and gained about 60 points immediately afterward. The current momentum indicates:
• Short-term target: 7,500 points
• Longer-term could aim for 7,700 points in June
• The SPX 7500C contract (May 15) may perform well if the price stays above 7,460
The trend remains a “melt-up,” with steady capital inflows and no clear signs of weakening.
🚀 $NVDA – Reaching a New All-Time High
NVIDIA ($NVDA) just set a new ATH, demonstrating the strong dominance of the AI sector.
• Immediate target zone: $232 – $240
• If it remains above $221 this month, it’s highly likely the price could head toward $250+ after next week’s earnings report
• The NVDA 230C contract (May 15) is feasible if the price stays above $227
The rally is still supported by expectations of positive earnings results.
⚡ $MU – Preparing for a Breakout
Micron Technology ($MU) is consolidating and showing signs of preparing for a new upward move.
• If it establishes a solid base above $800 tomorrow
• It could head toward the $900 – $1,000 range
• The MU 850C contract (May 15) is effective if it stays above $818
The stock is “winding up” – enough accumulation could trigger a strong breakout by the end of the week.
🎯 Summary: The overall trend remains positive, favoring a trend-following strategy. Manage risks tightly and monitor key technical levels closely. Wishing everyone successful trading!
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