Into this video, we're going to address the overall Market once again. So there was a massive sell-off today. I'm going to be sharing with y'all exactly why it happened. I'm going to be sharing with y'all my thoughts for the next few days and I'm going to be sharing with y'all one stock that y'all should be keeping in your watch list for this specific week.

All right. So now before I begin again, do not forget to annihilate the like button on your way in. And also don't forget to subscribe if you are new to the channel. Alright, so so let's get right into it.

Um, right off the bat, we got the Spy over here. And for those of y'all who watched my last video, I released it last week on Monday The main title was the stock market is about to collapse. Um, unfortunately. I think that video was that video was a week early Again, All right.

I was bearish over here giving out warnings that the market will roll over and then I put out another video next week over here saying it was on the 27th of the 28th saying that the market was going to roll over and now this time I think I Think this, this might be it. This might be this might be the real thing. It might be the time that everything starts to roll over now. Um, we're going to look at.

We're going to look at the NASDAQ because that's an easier chart. All right. Now to break down the NASDAQ for you guys, we're gonna zoom in again if you watch the last video. I shared this Bear Flag with y'all right, predicting when exactly the big move is going to occur is very, very difficult until it becomes easier.

and I'm gonna I'm gonna get into that in in detail All right. So it's very like it's It's tricky to know exactly when this fall is going to happen. All right. and it could.

It could keep cooking like it could keep cooking sideways for another week before BC A drop. All right. But until there is other signs in the market other until there's other structures in different sectors all pointing in the same direction. Um, timing these videos is a little bit difficult.

but but I think I I'm not changing my mind I was bearish before and I'm still bearish again. I'm still bearish on the overall. Market I Do not think I Do not think that we fly like this. I Don't think so.

No, it's been cooking and it's still cooking right? But eventually eventually it's gonna fall. Eventually we will see that NASDAQ go all the way down to 11 000 and it might be this week. Even now we're gonna look closely. Why did this massive? um what? What was their massive sell-off today? Well, the clue to sure.

If you didn't have any puts from the day before, the clue was right here. There is there's two Clues right one. We're gonna look at a bigger scale on the 15 which I literally just seen right now. So the bigger scale there is this going on right there.

All right There is that the Baker scale followed by the breakdown. but what I saw this morning was actually the smaller scale which was right here 13 minutes. Um, before 13 minutes after the market opened. This right here on the five minute.

This is what I saw and this was enough for me to like to know that everything was going to collapse and was going to be an all-day fitter on most of the stocks in the market and it just kept going lower and lower and lower. And I think that it's going to collapse now I think that we're going to see this move right now. Another thing that I want to share with y'all if the 15 minute and the five minute isn't enough, let's take a look at the daily because if you look at the daily right this this combination of these candles. these discrimination of these three candles right over here.

skull, three black crows and if you've never seen it, we're gonna look on. Google If you put three black crows right here, right? this is what we are looking at right here. after an uptrend and something that looks really, really similar to what we're seeing with the NASDAQ is right over here. All right y'all seeing the similarities in the chart.

So this is happening inside of this massive Bear Flag All right So that's that's something that I I have in mind and why I'm not changing my thoughts on on the market all right now. let's look at the fix. Let's check out the Vixen What's going on there? Um, what's the vix? Yeah, it's pointing like it's gonna climb again. All right.

Um I Told y'all to watch it for and move up. All right. It took a sweet time and now it looks like it's it's kind of ready. the the candles are more solid.

A lot more solid than this little one right here, right? and I think that uh, I think that the Fear index is going to continue to rise and as this. Rises obviously everything else should continue to fall right now. Um, One stock that you should be keeping in your watch list for this specific week. That stock is showing a very clean structure which I like um is showing.

oh, showing two structures. Actually, this is going to be a good one because I literally just noticed the second structure. All right. The first structure what I was gonna show you like right now is is this: um, if you go on to the one, there is a bearish pennant on the chart which broke down quite cleanly yesterday.

right over here. All right. Um, it's not done dropping yet. It can go a lot lower.

it can go, it can go all the way down. We're gonna change this to the Daily All right. It can go all the way down to 61. And if you look on the left side, rather be here.

there's that. Gap Again, these these gaps gotta get filled. They usually get filled at some point in time. 90 of all gaps get filled at some points in time.

All right, and it looks like this might be the week that this Gap gets taken care of. Now if you look at it, really big picture. It had a massive uptrend throughout all of 2022 and there has been this triple top right here. We got one and then two and three right.

Where is support. Some people may argue that support is all the way down here below. like around sixty dollars. so there's still a lot of room to draw all right.

And also, the volume right here is increasing. The the width of the candles are getting bigger right? So wash this thing for a downtrend. How fast is it going to drop that? I that I don't really know what I can tell you what I can show you is the structure and where I Know these types of structures should go. How fast is it going to get there? That will be determined by the overall market.

So watch watch Oxy for a drop to this. Like to the low 60s, Um, 61, maybe even 60. Exactly. All right, there's there's room, so that's that's the one stock video should be keeping in your watch.

This we have. We have time. Let me share with y'all another stock. Now this is a kind of a cheap one.

Let me show you guys another stock. Um, this one broke up this morning and that one is in the video. All right now. Nvidia is a wonderful stuff to trade.

The volume is great. Um, the contracts are nice and there is a structure on the one. No, there's a structure on the 15? Yes, All right. And there is a descending triangle on the chart that broke down this morning right over here.

All right, and it has more room to drop. Um, definitely keep your eyes on this one if you, if you don't have any puts at all. If you didn't see this this morning, watch out for a potential day trade tomorrow down to like 156, maybe even 154 before we see some type of bounce with the overall markets. All right.

So that's the other stock that I wanted to share with y'all now in updates in updates even though there was a lot of movements between like between the last eight days with the market was kind of choppy after I released that previous video. Um, I shared with y'all Mu, All right. and congrats to anybody who was able to make some money on Mu. This one behaved really, really well compared to the other semiconductors in that same week.

All right. So I told y'all to watch it, but it dropped all the way down to 52. and it got to 52. So uh, hopefully hopefully y'all collected your money from this thing before the massive short squeeze after that.

Um, after that speech by uh by Jerome Powell right? So this thing this this dog did his thing right here. Now the other stock that I wanted to do an update on really quickly nestock is Disney All right. and with Disney Disney I told y'all in the last video that this Gap at 92 is going to get filled. There was a time where it looked like it maybe could go above a hundred.

All right. But after this happened, yeah, I wasn't gonna make it. It was definitely not gonna make it. So um, this thing finally went all the way down to 92 and it's in danger of going a little bit lower because when I erased all of these.

Now that I say these things, let's see. let me look at the four. Yeah, oh, this is looking good. This is looking real good.

This is looking great actually. Yeah, there's some money to be made on here guys. this is looking really, really good. I Just I Just noticed this specific perspective.

Um yeah, watch this one for a potential drop to 85. yeah, at least 85. so that's another one to keep in your watch. This and I would be keeping this one in my name also.

Yeah, so that's pretty much the uh, my thoughts on all of these stocks. and that is the end of the video. Again, do not forget to annihilate the like button for the YouTube algorithm, as always, helps the channel a lot 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 notifications.

That way you don't miss out on future uploads if you'd like to be part of a private Discord Community where you can get all of this information in real time as I see them, you can find that I see first link in the description of the video below. If you haven't had any social media yet, you can find me at Paul and Gooma and I've been a knowledge lab on Instagram and on Twitter And lastly, if all of this is new to you, if you'd like to get started in the stock market, there's some basic step-by-step directions in the description of the video below Step one to step three. Now it takes about 10 to 15 minutes for you to have all the tools you need start trading immediately. You can also get some free stocks after sending up Weeble using the third link in the description of the video below.

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