My Trading Game Plan | July 31, 2026

Summarize the following YouTube trading video transcript. Extract:
- Stock tickers mentioned and any price levels (support, resistance, targets, stop-losses) associated with each
- Key trading strategy
- Indicators used
- Entry/exit rules and suggested trades
- Timeframes mentioned
- Risk management tips
Format the summary in clear bullet points.

Transcript:
{transcript}

**Summary:** - **Stock Tickers & Price Levels:** - S&P 500: Support at 4,000 (trendline), Resistance at 4,200 (pivot high), Target around 7,000 (if trendline breaks) - KOSPI: Support at 2,400, Resistance at all-time highs - SanDisk (SNDK): Support at $1,000, Resistance around $1,800 (trendline), Short target around $1,800 with secondary factor confirmation - **Key Trading Strategy:** - Gareth Soloway uses technical analysis to identify trends, support, and resistance levels. - He focuses on probability-based trading, favoring trends with higher bounce odds. - Soloway looks for secondary factors to increase the odds of his trades. - **Indicators Used:** - Trendlines (for support/resistance and identifying probability of bounce/break) - Pivot highs and lows - Secondary factors (e.g., Fibonacci levels) - **Entry/Exit Rules & Suggested Trades:** - **Entry:** Wait for price to reach support/resistance levels or secondary factor confirmation. - **Exit:** Not explicitly stated, but implied to be based on target prices or stop-loss levels. - **Suggested Trade (SNDK):** Short around $1,800 with secondary factor confirmation. - **Timeframes Mentioned:** - Daily charts for S&P 500 and KOSPI - Not specified for SNDK, but likely daily or intraday - **Risk Management Tips:** - Gareth Soloway emphasizes the importance of studying and understanding the market to improve trading skills. - He mentions having a casino mentality (being the house, not the gambler) by focusing on probability-based trading. - Not explicitly stated, but implied to use stop-loss orders to manage risk (e.g., "I have a very intriguing trend line right through here" suggests a potential stop-loss level).