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[SP500, QQQ, TSLA, AAPL]

Everybody welcome back to the channel. In today's video, we're going to look at some stocks to keep on. You guys watch this. I'm also going to be doing an update on the overall Market just to look at what we've seen and where we can go from here.

All right, So let's dive right into it. Right off the bat, we have the Spy right here and in yesterday's video in yesterday's video I gave y'all I gave y'all a warning I told you guys that the pattern right here on on the spy and QQQ was at an end. All right. Um, for spy the end was at 4 45 46 and for QQQ it was definitely right here in that green circle.

and I did tell everybody yesterday that the smartest thing to do is to take money off the table. Let me show you guys real quick. All right, so here it is all right. So QQQ did what it was supposed to do.

this was yesterday at Um 808 22 minutes before the market open. The best thing to do right now is to collect at the open. All right I Wasn't expecting anything, babe with the market at the points. but I'll be watching for introduced structures for day trade today, which was yesterday and little did you know, like as soon as the market opened, obviously everybody got out and that massive red candle was gonna be triggered for a a shorts I Gave y'all yesterday, Yes, yesterday I gave you on the video I gave you guys the video I Told you guys to watch it for an all-day all right, especially if it broke below below this level right here because you were up here at 505 when I was recording that video and I told you guys to watch for an all-day theater especially if it dropped back the low 500 and it pretty much just sprayed it all day.

Uh, we took a short position on not in the video but on SMH right over here. As soon as it broke down below 155 we got in with puts uh at 8 46 15 minutes after the Market opens and then we just held. um the price Target that I have for SMH was 150 and we just held all the way until it got to until like an hour and six minutes after the entry at 9.50 for a 50 profits, this thing dropped even more. All right.

So I got out right here I get out right here when I got to like 151 and then it just Consolidated it all day and went down even lower after 50 profit. some people made more, some people are probably still holding right now, but that was the like the the beginning of it. the initial flush of it was the indication that I needed that all of the semis we're gonna have it all day later. We're not sure this image instead of the video because the contracts on the video were still super inflated despite the Uh despite the I guess the IV Crush despite the earnings.

So right now, what do I think is going to happen with the markets? Well, QQQ is still chilling sideways right now and I'm not bullish at all that Gap has to get filled again I Told you guys about that. Gap to get filled lasts a week and it almost did right here. It almost did at 14. Um, 14.6 K but it just bounced off and had a little rally back up to this previous level of resistance right here.
All right, and it won't even hire to this one right there and now it's looking to fall back down. All right. Worst case scenario, let me see I mean words just hit for the balls. We see a little pop until 9am back into back into these levels right here at 15K and then we see a massive rejection down after the morning.

Um, pop like a green to Red move. That's what I see the market. let me drop again all the way down to 14.6k I Think that's what I'm anticipating for today. so I'm not too I'm not bullish at all.

Like if you look at the daily time frame, you can see that there is a bearish engulfing candle. This is not looking too good. That level right here is gonna act as resistance at the open and then we will see a rejection. And will they carry on until next week? I Don't know yet.

I Don't know. we have to wait for that one. I Don't know yet. But for today, but today, watch Fire! Going to run mode with the indices All right now.

let's look at a stock to watch for today. Google Google I Mentioned this one I did give you guys a warning about Google that it was gonna fall back to 131.50 so a pullback to 131.50 and then the indices showed a bearish Penny which caused it to fall back even lower. All right, this right. there is a bullish pattern that I felt and to me bullish patterns that failed usually don't do too well during the following days afterwards.

like I failed as soon as it it didn't like. it fell in the afternoon when it didn't hold above 130 150. it's back inside here I Think it's gonna drop some more, maybe even down to 126. um, after a push to 130 like it's gonna try to retest the upper line and then I think it's gonna drop again.

All right, maybe it might continue on until Monday but this air right here. it's called a bow trap right? People buying here, chasing he? well buying a breakout here and then adding more here and then Some people who were late will see this might chase this up here and be trapped up here. This is a ball trap all right, not good and especially if you see a razor green move. These people are gonna sell and they're gonna cost more selling pressure.

To the downside. So that's my thoughts on Google Um, regarding the semis, let's look at the semi. the video again. All right.

that one again. this is the four hour charts. We have a a chest, a test, another test, the earnings breakout followed by a bull trap. Anybody who jumped in Long right here are trapped.

They don't want to be here. I'm telling you they don't want to be holding up here between 480 and 500. like if this thing starts flushing that outfit it's like they will attack some more. They will sell some more and we will see this thing go down to 150.

yesterday I did I think I mentioned always failure to 150. it didn't all happen in one day. So this is like one of these situations where it takes two different days to produce the outcome that I'm telling you will happen. So that's my thinking with with the semis.
Um, be careful and look for this one for a shorts again, two Five Sixty Yeah, it's a 550. Yeah, yeah, definitely. There's also that one right here. There's the Gap below 550.

I'm not sure if that's gonna get filled today or if it's gonna get there on Monday but that's that's my overall thoughts on on the overall Market on all of these stocks and that is the end of the video again for Early Access to these free market analysis videos, you can definitely subscribe and click on the join button right next to the Subscribe button and click on morning video. I Release these videos 15 to 20 minutes before the Market opens. If you like to be part of a private Discord community, you can find it as the first link in the description of the video below where I put all of the details of the contracts that I buy the structures the reasons why I Take the trades All right. All in real time, you can find that as the first link in the description of the video below.

If you haven't followed me on social media, you can find me at Paul and Guma the Paranology Lab on Instagram and Twitter. And lastly, if this is brand new to you, if you want to get started in the stock market, get some free stuff that is setting up with Weeble using the third night in the description of the video below only and I will see all of you in the next video. Foreign.

By Stock Chat

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5 thoughts on “Here is why nvda stock dropped again”
  1. Avataaar/Circle Created with python_avatars Doug says:

    NVDA TO 150 LETS GO

  2. Avataaar/Circle Created with python_avatars Crisp 328 says:

    Can chart $XPEV ? How high can they go? Pretty bullish I’d say

  3. Avataaar/Circle Created with python_avatars Luisella Lorenzo says:

    Can you recommend any stocks or cryptos I can put my money into?? I'm new to this.any info would be most appropriated?

  4. Avataaar/Circle Created with python_avatars Geoffrey Kibler says:

    New discord member! Only for the last two days and already well paid for 5k profit so far. I don’t follow all the trades but great timing with pattern/ chart updates on different stocks.

  5. Avataaar/Circle Created with python_avatars Anne K TV STL says:

    Thx for the info

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