Everybody welcome back to the channel in today's video. I'm going to be sharing with youall two stocks that I'm watching for tomorrow. I'm also going to a look at the overall market and discuss with all of you what to expect in the morning. All right y'all let's dive right into the charts.

Right off the bat. we got the spy and yesterday I gave Spefic Iic wardens I told you guys that we're going to sell off and this morning like I woke up and everything was down by at least. the NASDAQ was down by a% and the Spy was down by 0.6% and the Dow Jones by 0.50% Everything was down right. So what? I've noticed with this one and I hope y'all noticed it too.

During these like during these periods it looks kind of prob in the middle of the day. but the biggest move to look forward to actually happen during the night. like I'm going to go onto Spy that way y can see what I mean so you see it's it looks kind of choppy and then the biggest move overnight and then there's some opportunities on here. but the price section is very very wild intraday.

but the trend is downward right? So I don't think I don't think we're done quite yet I don't think we're done quite yet. The spy on The Daily charts is bearish. Yep. and then also the NASDAQ is.

let's do QQQ QQQ is looking a little suspect. It's looking a little suspect. But because because two out of the three are bearish, and by two out of three I'm talking about the Dow Jones This is Theia. Let's go on to the Futures right? So this is Theia and the situation is not looking very good.

Yes, buyers are trying to stop the downfall, but I don't think it's enough and there might be some um reports being put out in the morning I Don't know exactly what they are Again, check out like a Fed calendar or something. You're going to see them pop up. Oh, just when you wake up you might see some news premarkets about something being released versus an expected number. You will see it again.

Um I think that's going to cause volatility in in the markets and that thing is actually going to continue downward. I'm not bullish at all because I don't want to fight this trend. This is the neckline. We broke above it and we opening below it.

so don't be surprised if we aim for 37,200 for the Dow Jones tomorrow. All right. Also with the Vix, let's look at the vix again. Same story.

the biggest moves are happening overnight. All right. So um, wash this spa for a long to 16 bucks. It bridge this level right here and then a close above it.

Not a good sign for any of the market. Bulls So again, it's picking up. it's picking up the pace. Let's see if there are gaps up here.

Okay, I don't see any gaps up there. but the next level to watch for is a retest of that. The key is when is it going to get up there? I Don't know. 22 is a bit of a stretch.

Like we will have to see a huge huge huge sell off over several several days right in order to see that so. But but just watch out for that. Be ready again. These videos are to get you guys ready.

Now the first stock or the first sector that y'all should be keeping on watch that stock is actually reporting earnings and it's MTB this is MNT Bank All right and MNT Bank This is a bank in the financial sector and so far it's looking really really bearish like first glance that I look at it, it looks bearish. I We're going to zoom in on the 4 Hour All right and on the 4 Hour there is a there is a descending triangle on the charts that broke down I believe this is Friday Yeah so it broke down on Friday and then obviously we had a holiday so it's downtrending still. Again, the biggest move that happening during the night. shorts get in and then they sell at the open and then they get back in at the close and then they sell at the open and then they get back in at the close and this is situation.

Uh if again, if earning was not in the way at all. I Will tell you guys watch this thing for an immediate drop to 120 right? But earnings is in the way so we have to play this game. It's very annoying game. So um like I always say holding anything through earnings is 150% gambling all right and if you're going to do it, manage your risk.

So if if the reaction is bad they watching for a drop all the way down to 120 bucks. which would actually make a lot of sense for the other stocks in the financial sector. For the past few videos I told you guys to watch several Um stocks like several Financial stocks. The first one was Morgan Stanley which I believe had a negative reaction to earnings.

Let's see here Ms Yeah so Morgan St crashed all right I told you I watch it for the fill right? Here it did and it provided a day trading opportunity for a drop and then today it's still bearish again. The trend is still red all right. so this one still the same and the other stock that I think I told you guys to watch for I think I'm not sure. let's see I think it was Bank of America Yeah yes okay I told yall to watch Bank of America as well for a drop and this one also did.

All right now. tomorrow tomorrow watch the reaction to MTB and if it's negative, these ones are going to fall as well. There is a structure on city which looks really really good. It's on the 15 minute going to erase that and erase that.

It's on the 15 minutes and it is a descending triangle on the chart. It's been cooking here for the past last few days, so watch for the breach or for the break of $51 All right we already have. We already have Discover financial sector DFS who had earnings and their report was not that great. Again, this is another financial sector so this might have its effect on the other stock in the morning right? It may or may not do it, but I'm I'm just waiting to see what's going to happen with them cuz the reaction is negative which is what I expected to begin with for this one.

so we'll see if the same is for MTB. Now the other stock to watch for or the other sector is TSM and TSM had a big push during the afternoon and I want to share this one with y'all because it is a semiconductor stock and I share with y'all my thoughts on AMD for today AMD AMD dropped I was bearish on the stock but one thing that it didn't do is move up to Uh 165. In the morning it opened up neutral compared to um, the negative 1% of QQ it didn't follow QQ it opened up neutral. gave a chance for anybody who may have chased here to kind of break even and get out right at the open right and maybe even short as well.

It didn't go to that green circle, it just chopped and chopped and chopped now I don't I don't think this is going to make it to 165 as I discussed yesterday. The reason why is because if the reaction to earnings on TSM is terrible, this one is not going to make it. It's already overvalued and it already did this thing I was waiting for this thing in December I was waiting for AMD in December to get to 60 and it finally got to 160. so my expectations are not too bullish and again with the overall Market being all negative and slowly trickling down, a negative reaction to this one wouldn't surprise me at all.

Um, I'm still bearish on everything so just wash. AMD Uh, for a fall now. um, another stock that we're going to discuss. let's talk about.

let's talk about Caterpillar. We actually took a trade on Caterpillar and the trade that we took is right here. All right. As you can see yesterday at 100 p.m.

I saw this very simple and very clean structure on the Caterpillar and I decided to go in with Puts right after the breakdown of 287. All right with the stop loss of 288 for the drop and again I Bought these contracts right here at 250 and I ended up selling them at $600 when this thing gapped down right here. Again, this is 2 minutes after the Market opens right here it the Gap was too big and when the Gap is big and I see the money being like and I see the profit margin being a lot I sell I don't hang around for too long and as soon as I saw these slight as hint of a reversal and this was at what 837 as soon as I saw this thing I I sold everything I sold everything for six $100 per contract. Now the main question that some of y'all may be having is where is this thing going to go Uh could It Go lower? Could it drop to 275? Perhaps the answer is yes because if it looks exactly like the Dow Jones and the Dow Jones is looking very fragile right now.

All right. So we got this triple top one here one here and then we have the Uh, the bare flag forming the right shoulder. follow by the breakdown which we shorted and then there is a gap right here between 272 right there and 268. So this is another one to watch for a potential short even if for some reason it open is up just a little bit higher.

Keep an alert on the stock right at 277 for a continuation down that Gap is going to fail at some point in time and I think it's going to get failed sooner rather than later right? So that's my very honest thoughts on all of these stocks. and that is the end of the video Again, Do Not forget to annihilate the like button. As always. Um, just a reminder I Release these videos from Sunday to Thursday Thursday at Exactly 10: P.m.

Central Time So definitely click on that subscribe button and click on that notification Bell That way YouTube Notifies you Whenever I Release these videos like this one is released a little bit late, it's going to be out by like 10 25ish. All right man, that's all right, that's all right. Um, if you like to be part of my private disc Community Where can get all of this information in real time including the trades that I Take the setup that I find all of that. you can find that as the first link in the description of the video below.

Don't forget to follow me on social media at POA and Panology Lab to get some free stocks with we bu You can use the third link in the description of the video below. What ladies gentlemen, my name is Paul Guma Panology Lab where we trade patterns and patterns only and I will see all of you in tomorrow night's video.