Everybody welcome back to another pre-market analysis video. Now in today's video, we're going to look at the overall markets just to see how to start Today we're going to look at what to expect and I'm also going to be sharing with y'all some stocks that y'all should be keeping in your watch list for this morning. All right, So let's let's dive right into it. Right off the bat, we got this by and everything is up right now by a little bit.

Um, everything is up by 0.40 Like this is the Spy of 0.40 the Dow Jones is only up 0.13 and the NASDAQ is up 0.05 Um, watch watch how it opens. Especially like the first. I will say the first 10 minutes of Market hours on this line. Like right here there is a level to watch.

Let's see how this behaves. If it can hold at the open like if it gets rejected off then we can anticipate a bearish day like a continuation downward. The market is not quite safe yet To just shift Direction and be very, very long. Bias: you have to wait.

It's still chopping in a daily fashion, dropping opening higher, then dropping again and opening higher than chopping midday. It's kind of annoying and swing trading. Obviously it's like if you're doing trading during these, um, during these periods, you don't want to be too heavy because you may experience a lot of headaches. Um, so just watch.

Watch for how the Spy behaves at 4 42. if there is a rejection then the downtrend would definitely continue and we could see the Spy drop all the way down to 437. All right, the Vix, Let's look at the mix real quick. Now the Vex is opening a little lower, the four hour is still clean.

all right, like I would be worried about. Well, for in regards to the vix, I will be worried that the vix wouldn't be plain anymore if they drop below like 16 points 20. Like if they start to drop in here, let's see and stays there by like noon and doesn't recover at all. Then we can make a decent assumption that the pattern right here could be fake and that this thing could just roll over and then ultimately collapse right here below 14.

All right, so it has to just hold above 16 for quite time and then try to make some effort up just to get to that green circle up here. All right, So that's that's for the vix. Now let's look at the first stock to keep on watch. Walmart Walmart Had earnings today and so far Walmart hasn't really moved.

Uh-huh it's still. it's still at 159 and that pattern that I showed you guys in last night's video still ugly, right? I Wouldn't be buying this um, long, more than hoping for a move all the way up to 175 given the fact that the breakout was kind of weak and the price section is kind of suspect. So, but right now it's about to open at exactly 159.75 Just watch how it behaves I Don't have too many high expectations on there. Anybody who bought calls or boats are going to get crushed like those contracts are gonna drop to like I'm gonna drop by at least today is Thursday So they should drop by at least 80 on both sides like everybody should be crushed.

If you gamble through earnings again, this is what I say you like gamble through earnings. Don't do it. just wait for after and then there could be another opportunity. There could be another structure that makes things a little bit easier to see which way this thing is gonna go.

So in regards to this one, I don't really know. There isn't anything specific entry um, pre-market that makes trading this thing easier for now. So I'm gonna have to wait until like later on. Give me some time.

All right, because right now I can't I can't tell you which way this thing is gonna go I really really cannot. Now the other one. the other stock that we should keep when you watch this today is Mara and Mara this one I've mentioned it last night I Told you not to watch this thing for a drop. it's down by it's down by 30 cents which is negative three percent.

Um, BTC is also down by negative two percent. Hence why the drop on Mara The descending triangle is still clean Like it's still clean until like if it gets above 1370 and stays there, it's probably gonna fail. If it gets up to 13.50 it then Rejects and closes back down to 13 or lower, then we could expect a continuation down to 12. between Thursday and Friday.

All right. Definitely keep this one on watch as well. keep this one up. My thoughts and opinions are not changing.

I like the way it's opening. I Really do? Now the next one that we should look at today, we should look at the Chinese sector. Now the Chinese sector. this is Billy Billy Billy Billy had earnings and Billy Billy got up today right which is obviously causing the Gap up in Barber and JD and all of these other stocks.

JD had his earnings but it didn't even move. Billy Billy had its earnings like it's not a huge gap. like if anybody has calls on this that would probably be down by they'll probably be down by 40 they get in others to make money. During these events there has to be like a huge move like billability.

Had to open at least at 17 or 17.50 another to be oh like 80 to 100 on your calls. All right if you wanted to gamble through earnings. but with this one again, it's not it's it's kind of a disappointing jump. and it might just do what JD did uh yesterday and go nowhere right.

Set your alerts at up here at 16 40. and it's chill like if it gets up there with volume, that is probably gonna push higher 17. uh 50 entry day. All right.

But if the Bell never rings, just chill out and look for just just look for a structure. the structure will make it easier to see which way this thing is going to go. Also, something that worries me is Baba because yeah Baba jumped. But if you look at the daily, it has some unfinished business right here at 84 dollars.

So it's right now. it's up to 90 to 91.50 All right, it's up to 91.50 A Morning Star right here. up to 93.. And then maybe another rejection on Friday because Baba can do these things.

That's how it kind of behaves. It's very annoying and very tricky, especially if you're not like shorting in these regions or in these regions right here. and even if you try to time it right, it can still go against you and then and then fall back right? So it's very, very tricky on this one, especially when the different stocks in this sector are reported earnings. so be careful with it.

Um, the highest RC Barber going is 93 dollars before it stops. That's the highest I See it going. Yeah, so just watch for that watch for that. Now the next one that we're going to discuss in today's video, that stock is Tesla All right now with Tesla it's opening up a little bit higher at 227.50 this structure is there I think I've mentioned in one of the other pre-market videos that I didn't like how and clean it was.

That's why I was trading the semis. Yeah, I think it was. yeah, it was in Sunday's video. Yeah, like this is not this.

This makes the structure very very unclean. all right. And also the chop right here is kind of annoying, right? but eventually eventually it kind of like did what it's supposed to do from this. um, ideally like ideally 225.

I would say was the the bottom to expect, but it could go lower and by lower. I'm talking about the line at the bottom at 210. because the previous level of support from from March 31st. All right.

So if we get that rejection from the spy at 442 and we see it finally sell off, watch Tesla and see how Tesla behaves because when the market sells off, Tesla sells off more aggressively. Usually right? So watch watch for a potential continuation down, especially below 223. Yeah, especially below 223. It could be a violent, violent sell-off The chop.

It's like ended the chop is over here. so when we're near the end of the shop. so just watch for that, a candle that opens up here. Maybe it goes all the way up to 229 or two, 229 or 2 30.

and then ends up looking like this. Yeah, so that's my very honest thoughts on the stocks. and that is the end of the video again. for Early Access To these videos, click on the join button and click on the morning.

um, the morning video button. That way you can get these videos 15 to 20 minutes before the Market opens. All right. Um, don't forget to like.

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My name is lab where we trade patterns and patterns only and I will see y'all in the next video.