Don't Let Vol Ruin a Weekend
Trade Plan for 2/6/26 Bitcoin, MAGS, and Risk
Volatility is alive and well — and it’s testing everyone’s discipline. The index’s are probing key support zones, software is in free fall, and Bitcoin just tagged our lower target almost to the tick. The tone into Friday is clear: emotions are running hot, levels matter, and plans win when the market gets loud
First off, remember the golden rule, don’t over trade on a Friday and ruin your weekend
SPY
Below 670 can have a quick flush to Q1 target of 650 area. Keep it simple, and remember a counter trend bounce can happen in a flash and above 670 a new high in February is still possible.
QQQ
600 Level key to confirm the double top neckline
Indicators
SKFI still has plenty of room to go lower, above the November levels, caution still warranted
Bitcoin
Target hit, chance for a rally back to 88k, but bottom likely won’t hit until the Fall
Friday Trade Plan
Keep it simple, if VIX is rocketing options








