Everybody welcome back to the channel. I warned y'all this morning. I definitely did i told y'all not to take that lunch break because of that rock pool which definitely did happen today. We had a massive massive massive sell-off we're going to talk about it in today's video.

We're also going to talk about the stock that is about to go crazy it's more next week and why you should keep it on your watch list um. I'm also going to be answering some of you guys. Questions like we always do here on this channel again before we start, don't forget to annihilate the like button on your way in, and also don't forget to click on that subscribe button along with that notification bell that way, you don't miss out on these uploads. So, let's, let's begin right off the bat um, we got the spy over here and again i gave y'all a warning.

I told y'all not to take your eyes off the market and to watch it for a rough pull, midday right. So at first the spy was playing games. It spiked it almost touched 4500. I told you that it would try to get there and then eventually roll over throughout the entire day right and it was actually kind of like it was actually kind of predictable.

Even if you didn't know it was going to drop like even if you had no clue what was going on. If you look at a five after it did this little fake pump right here, it actually formed a bearish triangle, a bearish pendant, actually on the chart. Right over here and it broke down right there for a day, traded, slash swing trading opportunity because i am still bearish. I am still bearish and i do think that we are going to go lower all right now how low how low can we go? Let me go on the four hour all right and let me just embrace that one, because it's in a way, i think that the spy can go to 4300 at first before producing another kind of like.

Would it be a dead cat bounce or not? We will see, but i definitely think that we can get low as low as like 4300 before we see some type of bounce all right, but everything is pretty much moving the way it's supposed to move so now, the stuff that is about to go crazy next Week that stock is neo all right and regarding regarding video, i shared this one um a lot i shared. I gave you all warnings after warnings regarding the stock, all right and the reason why i was doing that because i was anticipating this thing to actually start to collapse and it started to collapse today right. It broke down right over here at 27.90 and it just kept staying down. This is very, very bearish.

There is nothing bullish about this thing, nothing at all, and i definitely think that on monday is going to continue to collapse and get all the way to these levels right here, let's go on the daily all right and for those of you who have like who Have been struggle who have been struggling, trying to read charts again, there is like this tiny thing right there at 22, that that i'm expecting the price to actually reach, and i think it's going to get there like on monday or tuesday, all right and also this Entire thing was kind of sort of predictable. If you go on the weekly right here and you zoom in you - can clearly see that whatever i drew over here, it's the same thing, but a much bigger scale right here right there right over here on a much bigger scale, as you can see right. So this right here is predictable, is supposed to happen, is the way it's meant to be, and next week should be, should look like. Let me just zoom in next week should look like whether we open at the same price or we open up lower at like 26 30ish next week, should look like this at least a portion of it.

All right now will dip buyers step in and push it up to make. This thing look like a hammer, maybe right, but at some point in time there will be a candle like this, so definitely watch neo next week for that drop. Now, let's talk about you guys stocks of interest, the first one that we're going to address that one is uh fcx all right now, this one is a steel company, if i'm not mistaken, and so far so far it topped out, like the first thing that i See on the chart is that island gap reversal, which is pretty obvious. It's right here, there's the island right there, all right.

It's going to drop it's going to continue to drop. I think it's going to go all the way down to 37 at first and then earnings is going to decide its fate, so a drop to 37 or 38 right, and then we trickle over here in this region and then earnings is, if you ask my opinion, What which direction we should go, which direction this thing is going to go. Obviously, like i will lean towards the puts - and i just direct like you know, month, monthlies, i'm talking about the yellows like so yeah um wash this one for a drop at first, followed by a collapse through earnings. I think i think it's gon na drop so yeah.

That's that's my honest thoughts on um on on this one um, the next one that we're going to talk about we're going to do an update on the three on the stocks that we've talked about in the morning. Um we're going to talk about ccj. I told you all in the morning to watch ccj for a drop to the neckline. It opened up at exactly 20 21 dollars actually and then it pumped up a little bit and then immediately collapsed to the neckline.

Next week is gon na open lower and i think it's just gon na keep going lower honestly. I don't think that this this scheme right here this is not. I don't think this is gon na happen. Like i highly highly highly doubt it i put it there as a warning as an educational tool for those who may be beginners, who may be just getting into the market trying to understand what's going on.

But i highly doubt that this thing this type of move is going to happen. I think it's just going to drop here until like it's going to keep dropping until earning day. That's what that's! What i'm thinking with this one! It's pretty clean, like it's very, very, very clean to the short side. There is nothing stopping it from dropping, really really nothing.

So that's that's my honest thoughts on ccj congrats to anybody who was able to make some money on it. I told y'all it's very. It was a very simple move now, the next one, the next one that we're going to address um this one is marvel all right and regarding marvel, marvel decided to play games today, as you can see um, i told you all that i've been bearish on this One and i'm still bearish on it. I still think that it's going to collapse - and this is the games that i'm talking about so it kind of like drops it a little bit like it - doesn't even close the gap here and then it does this little fake thing right here, just to go back Down to where it all started, and then next week is going to continue down, i'm still bearish on it um.

My thoughts and opinions are not changing. Regarding the stock, i think it's going to go lower and the puts are going to keep printing all right. So um my thoughts are not changing. Now the next one that we're going to talk about that one is obviously the stock that got crushed the most netflix.

I told you all to watch this one for a collapse and it definitely did - and i also did tell you that i was bearish, especially within the first hour and within the first hour it just kept, dropping and dropping all the way down. They got past 385 and they went even lower to 380., so the stock was very, very generous, was chilling over here. It gave enough time for people to actually like for day traders to get their money off the table for swing traders to close their either their yolo puts or their strangles or their straddles or whatever. So it gave a lot of time for people to just collect the money to just leave the stock alone.

So where is it gon na go? Next? I have no idea - probably it's gon na go down like if i had to guess it's probably gon na trickle down a little bit because it always happens whenever there's a massive drop like that amazon did the same thing when it had this massive draw. It didn't just bounce immediately like it took a long time like a really long time for it to make any sort of move whatsoever. So i don't think this one is gon na be any. I don't think this scenario is gon na, be any different all right.

So that's my honest thoughts on netflix. Congratulations to anybody who made money on all three things that was mentioned this morning, and that is the end of the video again do not forget to annihilate the like button for the youtube algorithm. As always, it helps channel a lot and allows more people to get this knowledge as well. Also, if you are brand new to the channel or you haven't done so already, definitely, click on subscribe and click on the notification bell, along with all notifications.

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