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[SP500, QQQ, TSLA, AAPL]
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#stocks #stockmarket #investing
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MY FAVORITE DAY TRADING BOOK
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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. Now in today's video, I'm going to be sharing with y'all some stocks to keep on watch for today and potentially tomorrow as well. We're gonna look at the market and see what to expect within the next few hours, right? So let's dive right into it. Right after that, we got the market and so far it hasn't moved a lot since yesterday.
At least the Spy has. Keep in mind, Keep in mind that they are both who are trapped out here. All right. And the job today doesn't really help these individuals out.
if the daily charts. if the daily chart, let's go over here to daily. If that closes, it's a Doji. The trend is still bearish all right.
And then what I mean by dojis I mean like just like this if it's a small candle like that. right? Even if it goes down a little bit more and then stops right there, the trend is still bearish and these individuals are still trapped. And also look on the left hand side right here. there's a gap at 4464 which I think is going to get built and I think it's going to get filled today.
I think I think now whether there will be some kind of Bounce later on today after we get to 44 64. that's I said maybe. All right, that's a maybe I think it's gonna sell off still I think we're going to drop some more. The trend is bearish and people are.
These individuals have it's the balls from up here. they're very, very scary. now. Now let's look at The books is telling a slightly different story than what the spiers.
So the Spy is like a little neutral but the Vix the mix is gapping up by six percent I think I think it's six percent. Let's go over here from here all the way up to okay it's gapping up five percent all right which is Hinton that there will be a sell-off and one has to catch up with the other. if the dog and the Seas have to catch up with the Vicks or the vase, I have to catch up with the other Seas I think it's gonna be the Spy casino to the vix again. Therefore um, the Vix is going to slowly climb and then break above 14th dollars and 75 cents and when that happens, there will be a lot of gear in the markets.
Let's look at the four hour and see where we're at. So right now we have a um I do see a double bottom on the bits I Do see that so we have the first bottom right here and the second bottom right here. and usually with these double bottom some people may call it a w pattern whatever you want to call it again I just got a little double bottom and remove to here. Wouldn't surprise me at all just from looking at this alone.
I don't know how fast it's going to get there again. it all depends on how, um how much fear we see with the indices. All right. So that's my thoughts on the indices and the boots.
Now the first stock to keep on watch for today. That first stock is Meta all right I Want to share better with y'all for one reason and one reason only. All right. Meta did what the Spy has what the Spy did last week which is the drop balls. There are some balls trapped over here and there's another set of bowls that will be here All right. And these individuals are not out yet. The stock is done a little bit. they don't really like that very much which could which could be a catalyst for a sell-off again.
So this is one perspective. the ball is being trapped. the other perspective which I'm gonna draw. it's gonna erase everything just to make everything clean is Is this right here? All right, we have.
We have that going on for itself and we have a breakdown at noon on Friday and with this breakdown, usually what happens if it's on this: If it's on this good behavior which you see just a massive drop all the way down to 290 at first and potentially even lower, this is a little bit more extreme does will it get down there? I Don't know. All right I'm not going to uh I'm not going to raise everybody's expectations, but what I'm seeing for this one? I Think 290 isn't too far back and I think it's very possible soon. All right. So watch Meta for a drop of 290 is then on a massive uptrend for a while and it's just cooling down right now.
we have the Bearish and girls in Candle All right. Therefore, another candle down wouldn't be surprising to watch it for that. Now the next one to keep on watch that is one of the stocks that I mentioned yesterday SMH All right and SMH again for those of you but I shared this one with this thing is down. since Friday it's done by merely 0.80 which means that the calls will be up by around.
Well, it's down by one percent. Which means that the cost will be up by no. The puts the puts will be up by 50. I think they should be up by 50 they should be I think yeah.
so those posts will be a little bit highly priced. Um, which means that you have two options. You can either collect some money like out the gates. you can collect some money right here before there is a potential bounce, and then consolidation where it closes at indulging, and then you get back in at the close for the next move down.
right? because the structure is still there, it's still very clean, and option number one is is is likely like it's the it's the it's the cautious thing to do if you just want to hold both all the way down, you can. All right? Um, yeah, my thoughts and opinions are not changing. The stock is down and everything else in that sector is also down. So yeah, watch this image for you to run if you're not in this one already.
Everybody in the Discord should be in this because I shared it last week at noon. All right now there is another one to keep it watched and that's like this: AMD AMD Same structure as SMH See where I'm going with this I assume watch it for a drop for 92.50 right here. All right, it's behaving very well. It's behaving really well.
so that's very straightforward with AMD the last one we're gonna talk about Tesla Let's talk about the last stock. NOW Tesla Tesla had a bullish pennant on last Monday it ran up for a bit and right now I think it's gonna drop again. Um, I think I think it's gonna drop because these individuals who bought right here are going to take their money off the table. They've been taking their money off the table every time. Tesla tests. uh, 278 to 79. it didn't really quite get to 280. Um, it only teased it twice.
And right now, since it's about to get there and the new four-hour candle opens, we might see a little bush to like 273 before we see the stock being slammed there back down towards 268. and then Downstream continues for tomorrow. All right. So that's my very honest thoughts on these stocks.
and that is the end of the video. Again, don't forget to hit the mouse back button. Don't forget to subscribe if you haven't already. Again, these videos are released from Monday to Friday 15 to 20 minutes before the Market opens in the morning.
All right, they have early access to those. Click on the join button to become channel members, then click on morning videos. All right. I'd like to be part of a private disco Community We can get all of the information in real time I Don't see it.
The structures of everything along with the trades that I take. You can find that and be personal in the description of the video below Kevin Follow me social media Yeah, you can find me a following technology Lab on Instagram and on Twitter Lastly, if you're interested in getting some free stocks with Weeble you can use the third link in the description of the video to sign up all right patterns and patterns only and I'll see all of you in the next video. Foreign, foreign.
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