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In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.
[SP500, QQQ, TSLA, AAPL]
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Sincerely,
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If you have any comments or questions, COMMENT below and I will respond or make a video!
#stocks #stockmarket #investing
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MY FAVORITE DAY TRADING BOOK
📚 https://amzn.to/2YY1LU1
My Studio Equipment:
🎤: https://amzn.to/2NQFu4g
📸: https://amzn.to/38t1Cek
💻: https://amzn.to/3eZDuCP
📺: https://amzn.to/2YZZDeJ
My Trading Desk: https://amzn.to/2YVCBW8
How I pick Stocks:
https://youtu.be/O5yWKChL44E
How To Make $500 A Day:
https://youtu.be/OOSpjACXKD8
How To Trade Stocks:
https://youtu.be/f5RuDrFQj0w
How To Trade Call and Put Options on ThinkorSwim:
https://youtu.be/f5RuDrFQj0w
DISCLAIMER AND WARNING
In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.
[SP500, QQQ, TSLA, AAPL]
Everybody welcome back to the channel in today's video. I'm going to be sharing with you all the stock that is about to go insane today. I Could probably continue on until tomorrow and we're gonna look at the overall market and where we stand at Discovery moments and what to expect to get you guys better prepared. All right.
So let's let's dive right into it. right off the bat. Um, on Thursday morning I Told you guys that the market was going to sell off aggressively Friday was kind of, uh, a little bit of a job. There was some opportunity there was one opportunity for a day trade in the middle of the day, but overall it ended up near the same price as on Thursday All right now for the Spy itself.
that line at the bottom is still there for the longest time. For those of you who have been watching the channel, I have been telling y'all to watch the overall market for a potential drop to the white line. All right. I've been telling you guys since way back here about to go even over here and then I really like emphasize on the possibility of it getting there after the ball trap up here.
All right and right now the situation big picture is still bearish. I Don't see a reason to go crazy to the long side I Don't I don't see it. Not yet. At least the market is not indicating any signs of a bounce.
It's a very slow drip. Yeah, now, how fast is it going to get to that level? And if we get to that level? will you see a bounce? I'm not sure if we're gonna see a dramatic bounce, maybe a dead cat bounce, but I think that Gap get kills today I Really think I Really think that it's gonna get filled today. The market is only down 0.32 percent and if it gets there, it will be negative. 1.4 will be spy, which would probably be negative 1.7 49 lag, right? and we've seen that kind of drop before.
It's not impossible for it to do that in one day. so I do expect it to get there today. all right by Maybe by noonish. and if it really wants to take a sweet time getting there, then buy their clothes and then the next day would kind of be a surprise.
All right. So watch for that for a drop today. and I say that also because as I mentioned before, we gotta talk about V I X as I mentioned before, for those of you who have been following the channel um, this is a fear indicator. the VIXX and one has to follow the other if one is too high in One Direction the other one has to.
Well, if one is too high in the other direction and the other one isn't moving that greatly, one of them has to catch in the other and the vix right now is up by six percent. I Think this is six percent. Yeah, 5.5 percent and everything else is only down by negative 0.4 Which means I really really think that the indices gotta catch out and another for them to cash out, they have to drop massively So again, that's another reason why I Think that Gap is going to get filled today and looking at it now I'm gonna clean up the chart a little bit. all right now. What do we have here? We have that alert at 18 20 that's gonna break that level right here. There's some shorts right there and these individuals will panic and the next level to watch is for a move all the way up to 21. Will we get to 21 today? Our eye will be shocked I will be very surprised I would be surprised all right, but it's not. It's something that I'm looking forward to a move to to the Vex I don't even know how fast it's gonna get there, so that's all I can tell you right now.
All right, that's that's what you're gonna have to work with now. the uh, let's look at some stocks now. the first stock that we're gonna look at the stock is AMD Once again, all right and in Thursday's video I Told you guys that I wore shorts on AMD and that I covered AMD but right now it's not looking like it wants to bounce in my opinion. I have that green circle at the bottom right here because I do think that it's gonna get there and I think it might get there today, especially if everything starts selling off again.
So what? I want you to do I want you to set an alert right here at 95 because if that alert rings all of these, these the buyers right here. There are some bit buyers here and then there are some day buyers here. and then there are some big buyers here who were hoping for a very strong move up. like an oh, a strong opening higher.
They're not gonna get that right. Their stop loss is here at 95 so the moment it breaks, they're going to be panicked. They're going to be fearful they're going to sell off. and the pattern is gonna make sense to begin with.
And the pattern that I'm talking about is this one right there it's gonna. It's gonna get to where it's supposed to get anyways, right? But in order for the speed to pick up, these individuals got to get taken out. So set your alerts right at 95.06 and wait for the Bell to ring if you want to be really aggressive and jump out the games to do so at your own risk. But hey, I like to wait for the belt because that's the way that I trade.
It helps me not thanks so much. All right. So I'm gonna move that green circle a little more to the right right here, right? So if it drops there in one day, great if it takes two days again, it takes two days. So that's my thoughts on AMD and why should why you actually watch it for a drop? So that's the stock.
Um, we got time for a few more now it updates and the last video I think I gave you guys Tesla as well. Get congratulations to y'all for making money on the stocks again I Told y'all what was gonna happen and everything that I said in that video happens. Um, this is Tesla and Tesla collapse and fill that Gap right here and your yard. Remember putting writing some things I told you guys like this thing is going to get filled at 251 and then on Friday it dropped to 253 First and then from a a bearish pennant right here and drops right at noon and this drop wasn't like a lone wolf. It also dropped with let's see Amazon Yeah, it also dropped with Amazon right here. so there's a there was a bear explain it on Apple no on um Tesla Amazon and lastly Microsoft All right, very expanded on all three. So if you asked anybody who was able to catch that and make some money on these on any one of these three, where could they go next again? I'm bearish on the overall markets so uh, I think we could continue to go lower. Now let's move on to the let's move on to the Chinese stocks and let's see how they're doing.
So the Chinese stocks are playing very nasty games. This is very, very messed up. Like, if you don't know how these Chinese stocks behave, you're gonna get hurt because they're like there are some periods where it does this. where it chops up, it jumps up and then it it gaps down and then it's probably gonna jump up again and then gap down again.
right? It has the tendency to do this. It's very, very annoying. I'm not in China I'm not in these I'm not in this stock at all. I'm just pointing it out because I'm sure a lot of people are aggravated right again.
I Told you guys after they move down to take your money off the table because that's what all of the shorts we do from between Disney and this thing. All right? Um, and it happened and eventually it bounced and right now it's just got to play a few more games. You just gotta piss a few people off more before trying to make another move. I'm assuming higher.
All right, it's going to move higher, but it's going to chop for days. The longer it takes, the better the new structure will be. So I'm very patient with the Chinese thoughts. All right.
So that's my 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, don't forget to like And subscribe.
Um again. these videos are released from Monday to Friday 15 to 20 minutes before the Market opens to have Early Access to these become a channel member by clicking on the join button next to the Subscribe button and click on morning videos right to be part of a private discount. Community We can get all of this information in real time as I see them along with the details of the trades that I take. You can find that as the first link in the description of the video below.
Don't forget to follow me on social media All right Paul and Goma in a Paranology lab on Instagram and on Twitter. And lastly, for some free stocks, you can use the third link in the description of the video to sign up with Weibo. My skill is Sherman My name is Paul Nuguma Prep Knowledge Lab where I Retreat patterns and patterns only and I will see all of you in the next video. foreign.
I'm sorry did u said before the market opens.
I'm in chicago. U just pasted the video and says 2hrs ago here. The time is 2010. The market wouldn't open for another 12hrs or so on Tuesday. So how does it work where u are at?
❤
(LI) FINALLY hit target. Chopping for 2 weeks. Talk about a turtle race
Thank you Paul!