Everybody welcome back to the channel in today's video we're going to talk about some stock that y'all escape on your watches. For this morning, i'm also going to be answering some of you guys questions for those of y'all who drop those stocks of interest. In the comment section of last night's video, i'm asked lastly, before i begin again do not forget to annihilate the like button on your way in and also don't forget to subscribe and click the notification bell all right. So, let's, let's begin right, oh no, not that it's! Let me change this thing there.

You go all right. Let's begin right off the bat um. The spy right now is is pretty much doing what i told y'all last night. It is it is, it is.

It's bouncing off of the previous level of support right on the neckline. All right now is this thing going to bounce ferociously. Like is this? The bottom. Are we out of the woods? Is the downtrend over? Well, we have to wait because the thing is, the thing is: if it fails, if it fails to move up here and to get above 4 400 and to close above 400 at like and to close, like anywhere underneath this circle right here, we could be in For some more selling pressure, all right, it has to get up there, the sooner the better or else or else you got to continuously be bearish all right.

So that's that's my thoughts on it. The nasdaq look also exactly the same they're both down by well. Nasdaq is down by two percent, and this one is down by 1.5 percents a lot of the socks. Are they look like they're beaten down, but given the volatility of yesterday, it's kind of relative right.

It's it's really relative like if, if a lot of stocks had a massive move yesterday and today, they're down by, let me show y'all, let me take. Let me take. Let me take microsoft, for example, all right, so microsoft, for example, like it has a massive move. A very very wild move yesterday and then it's down by two percent like relatively speaking, it's not down by too much like it's really really not.

It can just chill anywhere in this box right here and then ernie is going to decide his fate. Like you see what i mean so again, it really all depends on where we close today so for today you got ta watch for some day trading opportunities. Um there isn't anything it's too safe to swing. At least i wouldn't know that until like until later today to the long side - oh it's the short side, i think i'm leaning a bit more towards the bullish side.

I am. I am but very very patient with this one, okay, so the stock, at least for today that may make a um a decent move to the downside. First, that stock is neo all right and neo. Right now is opening lower um much much much lower than it opened than it opened yesterday all right and given the fact that it has this gap right here to fill at 22, bucks makes me think that today might be the day that it drastically just drastically Falls off a cliff right here, where it just goes out and then collapse all the way down to 22 chill at the bottom for a while and then recovers ferociously into the clothes all right.

So this is what i am seeing. Neo is going to be interesting. I think a lot of opportunities will be provided for shorts and later for longs. All right, like the market, could pull off this um.

It could be very, very mean, and just go up like this, where it could go the opposite way at first and then drop all the way down to 22 into the close. That could happen too right. It could happen so um. Definitely watching you for an opportunity to an opportunity for both shorts and longs all right.

That gap is gon na fail. It's just a matter of how is it going to fail? That is the mystery for today, all right now, um i've talked about microsoft. Let's talk about shock about ba what is going on with va all right now ba. Is it also recovered yesterday from the lows of like 194 dollars and right now it is at 200.

again if the market does well ba recovers ba has earnings tomorrow. Now let me do this thing. Let me go on the daily on the daily. There is a flag on ba.

There is a flag on ba that hammer is very strong and we're about to open up at like 200, which is right over here somewhere all right. I'm not i'm not too sure that i'm not too sure that the reaction is going to be that terrible for airlines. The reason why is because they've been so they've been so beaten down like how much lower can these things go? Somebody could argue that hey the reactions could be like ernest could be so terrible with with airlines, and the reaction could be so so so bad that we drop all the way down to like 158. And then we fill this gap right here, which would be very aggressive like super aggressive, if you see ba drop that low, i personally don't think so i don't think it will.

I i really at least i don't think we're gon na get that low. So soon, maybe within next few months, like later lately later down the road after we make an attempt higher and then there is like a major major collapse, then i can expect this gap to fill right here at 160.. But for now for now is financial stuff. But now it's really really really tough.

So just just keep that in mind with ba has earnings tomorrow um the next one that we're going to talk about in today's video we're going to talk about what's going on with apple all right, let's talk about apple, real, quick, an apple, also showing a strong Hammer just like everything else in the market: it's about to open up at one six f-159, not a good way to open, like it's about to open up below the below the opening for the last candle, which i'm not gon na lie. In my experience, that's that's. That's bearish. Actually, that's that's not good.

Guys like this is not. This is not good. This is really not good yeah. If we see something like that, the market is not safe.

Like again it's easy, it's some stocks are very easy to read versus others. Apple is like one that is like if you're looking to see where the market is going, just look at apple and right now it's about to open at 160. So at like 159.6 well 158.6, it's not safe. People like it's really really not, and if, if you see this, the trend is going to continue all the way through earnings.

It will so be careful, be careful, be careful today and don't be too uh, don't be too aggressive if you are trying to depart the situation is still slow. Now that i look at this, that this situation is the situation, is us people? Thank you. Thank you. Michael a little bit lower yeah, that's that's my very honest opinion on stocking.

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