Everybody welcome back to the channel, so stock market sold off today was very, very violent. Today, we're going to talk about how the market may behave in the morning all right, i'm also going to be sharing some stuff. That y'all should be keeping in your watch list as well, and i'm going to be sharing with y'all a trade that we took today all right now before we begin do not 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 videos. So, let's, let's begin right off the bat, so the spy right now is looking kind of nasty it is and the head and shoulders is there.

But it's quite it's really vulnerable. I'm going to use the the nasdaq because it's going to be an easier chart to explain. What's going to happen now for those of you who have been um watching or the videos and subscribing to the channel. I explained one thing previously that you should be worried about right, um with this inverse head and shoulders right here i told you that path number one which a lot of lungs look like is for us to go straight up right.

Pathway. Number two is for the market to choose the more choppy path and go sideways over here. So this this drop right. There represents what happened today and what also may happen tomorrow now the thing about the thing about this structure.

Specifically, things get very, very, very messy when um, when that right shoulder gets wider and wider, the wider it gets, the uglier it gets and the more likely the nasdaq is to reach like 13 000, maybe even 12 500 within the next few weeks. So we don't want to see that, and also it will just be. The only thing that can save this chart is one massive bull run next week. If it keeps dragging its feet like that, eventually that floor is going to break and then we will see these lows right here, so that's just a thought.

That's that's! What's coming up in my mind, that's the that's the first thing and i think the most likely thing that may happen within the next few days, so so be careful out there all right and look for and look for day trading opportunities, um day trading right now Is very, very favored all right now um the first stock, the first tag that you should be keeping on your watches. It's very, very simple reason: we're gon na go into one minute that stock is tsm, and the reason why i want to share tsm with y'all is because of this. If we go on the 4 hour and we zoom in right here, you can clearly see that there is a descending triangle that broke down today, very nasty fashion. All right now, with this breakdown with how clean it looks, i wouldn't be surprised to see tsm collapse.

All the way down to the lows of like 93 - i shared this one before to y'all a very long time ago. I told you that it could get there, but it kept dragging its feet and going sideways and sideways, and i think that this is the moment. I think that tomorrow is the day finally falls. The gap on the daily is still there right here.

Let me zoom in right. It's still there all right, we haven't it hasn't filled yet, and also the weekly is still looking kind of nasty. In my opinion, right resuming here still looking like bears, are all over this thing right, so could this thing get a bit longer? Probably all right, it will be really sweet if it can get really really long by like tomorrow or by monday, either way so definitely watch this one for a potential drop tomorrow. Now the next stock that y'all should be keeping in your watch list for tomorrow last stock is uh upst all right now, this one i shared this one, a while as well very very long time ago, for this reason right.

I think i shared it when it was over here at like 91. I made a video about it and it took a really really long time, but eventually, eventually it got there right. Eventually, it's getting in that circle, um it's a little bit late. It may need an extra day to do something like to do something like this all the way down right.

So this might happen tomorrow if it doesn't happen tomorrow, if tomorrow is a um green day for some reason like just a regular basic doji, where the price doesn't move and the percentage is still at negative, 0.35 right monday could be nasty because these gaps got to Fail at some point - and i think it's going to fill very soon, so it would be best if it just got it done and over with tomorrow and then next week we can anticipate some type of bounce, but for tomorrow i have to lean a bit bearish. So that's that's my honest thoughts on these two stocks and why y'all keep them on your watches for tomorrow. Let's do an update on tesla. So yesterday, yesterday i told y'all tesla was going that the market was going to go insane.

It did it actually did. It actually did for people who had calls on just on a spot in general. If you were holding costs throughout that, like overnight or if you were holding calls on tesla through earnings, which again, i always say, is 150 gambling right. But if you look at tesla, i told you to watch it for a move off to one to 1090 or 1100 by friday.

I didn't think it was going to make that move so fast. I really didn't think so. I was very surprised to see that thing move up like that so quickly and get there immediately so that that that made the situation very suspect, very, very suspect, and, as you can see, the outcome was quite nasty and everything just started to fall. Where is it going to go next, um, i'm i i'm i'm willing to bet lower.

I think it's going to break right below this level right here, so um yeah definitely watch watch for that now watch for day trading opportunities. Either the market is going to make it easier one way or another to recognize which direction is going to go. The situation is bearish, so the bias is just a little bit bearish for now, but that's that's what happened with with tesla. It got there really really fast and immediately collapsed.

All right now, the trade, the day trade that we took the day trade that we took was on. Let me just go straight on to tgt. Actually, let me just go on the weekly or the monthly and then do gdt clear there. You go all right.

So the trade that we took on this one right here was only one minute. So on the one minute time frame, i saw this thing going, like i told y'all, i think the for the past two visas. I've been telling the other to watch this one for a move up to 260. right, it's been chilling, it's been going slowly, it's been showing these little hints that it was going to go higher the gap at 260 was there um, and then it showed this thing Right there on the one minute, so we got in right there right at that um break out of that bullish.

Pennant with these contracts, um the the 252 and a half calls for 170 170 and as soon as we got in the contract, she started to run. Like immediately um, it went from 170 to 220 to 250 to 300 and then, when it got close to when it got close to like 255, i ended up selling half of my calls for 320 each and then that was at nine o'clock and then three minutes Later, when it started showing signs of weakness, let me show you so here's the one right there all right. When i started showing signs of weakness, i immediately got out with the rest of the calls i sold the rest of the calls for 260 dollars each right over here and then also the spy was looking very, very suspicious. Tesla was falling, everything was tanking, so it just made sense to exit that day, trade for those games, so that's pretty much.

The the only day trade i took today - and that is the end of the video again - do not forget to annihilate like button for the youtube algorithm as always helps the channel up and allows more people to get this knowledge as well. Also, if you are new to the channel - and you haven't done so already - definitely - click on subscribe and click on the notification bell, along with all notifications. That way, you don't miss out on these videos. If you like to be part of a private discord community, you can find that as the first link in the description of the video below, if you haven't added any of social media.

Yet you can find me at paul and goomba at the pet analogy lab on instagram and on twitter, alright. And lastly, if all of this is brand new to you, if you're interested in getting started in the stock market, i left some very basic, step-by-step directions. In the description of the video below step, one to step three, it only takes about 15 minutes or less, but you can sign up with all the tools you need start trading immediately. You can also get some free stuff descending up of weeble, using the third link in the description of the video below.

What's good. Ladies gentlemen, my name is pauline guma, the pedanology lab, where we trade patterns patterns only and i will see all of you in the next video you.