In today's video, we're going to address the CPI report which will be announced tomorrow at exactly 7 30 a.m central time. We're going to talk about what to expect I'm also going to be sharing with y'all some stocks that y'all should be keeping in your watch list for tomorrow, along with doing an update on the stock that I've mentioned in the last video. All right! John Now before we begin again, do not forget to annihilate the like button on your way in. And also not forget to click on that subscribe button if you are new to the channel right? So so let's get right into it right off the bat.

Um, so in the last video again, the last video was I came out bearish with that one. Once again, all right, for good reasons. Again, my my reasons for going bearish were where we're solid. Um, we dropped a little bit after the release of that video and then we went sideways throughout the last week.

All right now. I'm going to go straight to the NASDAQ again because it's an easier chart for this specific video. And to explain it, this is some of y'all all right Now this Bear Flag is still on here and tomorrow there is CPI data. Now if there wasn't a report, if there, if there wasn't a report, I would tell you guys.

Um, there is a specific structure on the NASDAQ that I saw this afternoon that I cannot unsee. The structure is there and this is looking bullish to me. it was a lot of volume right over here at around like 1 30. um, P.m right? and uh, some follow-through um in the last German Power Hour Now right now it's looking like it wants to take a sweet time before collapsing.

All right. I Told you guys timing timing these potential drops right here, right here or right here is very, very difficult because I don't know. like I see the Bear Flag again but I just don't know how long. we're just gonna continue so you go sideways all right now.

if the report is bad, if the report is, let's let's go over that one. All right, let's just look at the CPI report and how it has been throughout the last few months Now this is this chart right here is showing exactly at what percentage the inflation was. Again, this was during the peak in June it was at 9.1 percent and ever since then throughout the last four to five months it's been slowly dropping and dropping. and for the last month of October Well, two months ago, the the inflation report two months ago was is at seven points Was that 7.7 and the forecast for tomorrow's report are the consensus I Would should say they're expecting it to be at 7.3 if it's lower than that great.

That means that the market is most likely going to spike All right. I Haven't seen a scenario where um, the inflation report was like way below the consensus and there was a bearish move I Haven't seen that yet. um this one right here in September That one turned out to be like 0.1 percent higher, but in that scenario it opened lower and had a massive move to the upside. like a four percent move to the upside.

So um, with the way things are looking, all right with what I've seen with the with the charts, if again, like I say if there wasn't a CPI report tomorrow I Will tell y'all that we're probably going to go up here first to retest these tops. Once again, four it rolls over again. all right. but again, it's like, um, the reaction to CPI is is like earnings again.

I can't tell you exactly where we're gonna go I can show you the charts and yeah, that way y'all can be better prepared for Wars What's going to happen all right now. let's address the let's talk about one thing. Let's talk about the Vix. The Vix did something very weird today and we're gonna address it all right now.

The Vix is up by 10 percent, which is very weird. When the Vix is up, the the market is supposed to take a massive hit. Usually the market is supposed to drop like with with a big jump like that like the Spy should have been down by at least at least negative three percents maybe even negative four percents on the day. All right.

So something that's been going through my mind is is this job a setup for a bear trap? Just to leave a lot of room underneath here for a massive gap down followed by a fade right? If this happens then that retests at resistance on that Bear Flag with the NASDAQ is most likely going to happen. but again, it's all. um I'm just I'm just telling y'all what I see with the chart. So tomorrow will be a very, very interesting day.

All right now let's talk about let's talk about one sec. I Want to share one stock with you All that I Want y'all to be keeping in your watches for a very simple reason. It's a very simple structure. Again, that stock is a stock.

is Ba All right. we're gonna check out Ba. now. The reason why I want to share this one in today's video is because of the pattern on the 15 minute.

Yeah, there is a very clean structure right here on a 15 minute. it's a bullish Penny All right. and it broke out this morning right at around like 8 45 to 9 00 a.m I had a massive Spike all the way up to 10 o'clock right? and then it dropped a little bit and Consolidated if there wasn't CPR at all. Again, if if there wasn't a report tomorrow, this is an obvious long all the way up to 195.

maybe even 197. All right, But anything can happen All right. anything can happen tomorrow. But watch this one for a potential long if the reaction is decent.

All right. If if it's decent and this one doesn't move too much, then watch it for a continued wish and to to 195 to at least 195 tomorrow or by Wednesday morning. All right. So that's the stock that you should be keeping in your watch list.

Now let's do an update in the last video: I Shared I Shared a good one with y'all I shared I Shared Oxy I Told y'all to watch Oxy for a potential short right over I don't remember I think it was after this day or after this day I'm not sure one of these two days I released that video I told you to watch it for a potential shorts all the way down to 62 dollars. Exactly right. And also because there was that Gap right here that needs to be filled at some point in time I Thought it would get filled on I Thought it could get filled on the 8th. All right.

but instead it took a sweet time and it didn't even get filled on that. Friday The 9th. Um, today it rebounded I think I Think that actually might be the temporary bottom, right? What tend to happen with these bearish pennants? One one way this can play out is we see we see a bottom all the way down to 62 and then we get a little bounce all the way back up to exactly 68. and then after that, then we continue lower to these loads right here.

All right, that's one way of it of it to happen. All right. The best way is when it just drops and just keeps dropping and we see one massive candle and it's there and it's on time and we get out of the trade and this thing bounce right. But right now it's just taking a sweet time in a report.

That's in the way. it's not. Um, it's not making things too simple, right? So congrats to anybody who was able to make some money on this. Whether you day traded, um, intraday on those days, right? or you just sell it for a swing all the way down to 62.50 All right now.

Uh, let's check out one more thing. Um, let's take a look at let's take a look at Amazon All right now with Amazon This is another reason why I think this is another reason why I think the reaction to the CPI data may be positive tomorrow. Maybe right now with with Amazon Traditionally, ideally this is the bearish structure. you're supposed to be bearish, right? We saw Oxy breakdown at the same time and Oxy played out very very well.

So Oxy and Amazon broke down at the same time. but this thing just did not go even lower. And this is a very large Gap stock like it's Amazon right. And when what I told y'all before like way in the past in my previous videos, consolidation is a short seller's worst nightmare, right? So in here there may be some shorts for pilot and inputs or um, grabbing shares to shore for the continuation down right? Um, ideally again, shorts would like to see this thing fall a little faster, but this time it's just dragging his feet which is very very annoying.

And again, if the reactions tomorrow is positive, they're all going to cover and there will be a massive green candle on Amazon Like all the way up to 100 massive. All right. So this is something that y'all want to keep in your watch list as well and that is the end of the video. Again, do not forget to annihilate the weapon for you to borrow them as always helps Channel A lot.

It 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 future uploads if you'd like to be part of a private disco Community Where you can get all of this information in real time as I see them, you can find that as the first link in the description of the video below. If you haven't added me on social media yet, you can find me at Paul Guma and Apparent Knowledge Lab on Instagram and on Twitter.

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what skill is Chairman my name is Paul and Guma with an analogy lab where we trade patterns and patterns only see all of you in the next video foreign.