Everybody welcome back to the channel. Is this the market bottom? Is it time to go heavy to the long side and to switch a perspective on the markets, we're going to address those questions thoroughly into this video? I'm also going to be sharing with you all some stocks that y'all should be keeping in your watch list for tomorrow now before we begin, do not forget to annihilate like button on your way in, and also don't forget, to click on the subscribe button. If you are new to the channel right, so let's, let's begin right off the bat so right now the spy is uh. It dipped a little bit lower to 400 to 40 355 dollars during the night it shops today.

But the trend right now is looking: it's leaning, bullish, um, it's leaning, really bullish, we're gon na look at the four hour time frame, all right. It's slightly underneath that resistance which, to me questions i'm sure a lot of people are asking whether this is still um. Bearish or whether this little drop is a bear flag, i think it might be a bear flag. Well, if it might be a bear trap, i mean a bear trap.

If we look at if we look at nasdaq, nasdaq is looking even cleaner. I've been waiting and waiting and waiting for it to finally drop to that line. That line right here right there and it. Finally, finally, it got there to that level to that thirteen thousand and seven hundred dollar level, all right so right now i am, i am leaning bullish on the market.

I think we go higher. I think we go back towards 14 and 300 tomorrow and do we continue higher on wednesday and on thursday and on friday? Well, we'll see we'll see best case scenarios that we just run right. It looks really clean and we just go like this absolute best case scenario. Worst case scenario is, if we start to chop around here in that zone right if we shop in this zone and we don't make any headway and that right shoulder continues to get wider and wider.

You should be worried because it could be an indication that we could head a lot lower all right, but as of right now, with the way things are looking, i'm leaning bullish for tomorrow. I am all right, so that's my honest opinion on the overall market. Now the first stock that y'all should be keeping in your watch list for tomorrow, it's actually an entire sector, and that is the oil sector. First stock is oxy all right, and the reason why i want to share oxy with y'all is because of the one hour.

It's because of this, if you look really really closely and you zoom in you, can clearly see that there is a bullish, pennant that formed on oxy in the morning, like 10 minutes before the market, open very, very clean right. I was looking at it on friday and then it gapped up again today and the breakout was like right on time. It looked really really really good all right and if you look at what happened during the day, it actually just sprinted out the gates. It immediately shot up um three dollars for a day trading opportunity for day traders, but this one is more for a swing, because when i look at when i look at all of the oil companies, all together, they're all setting up quite nicely for a continuation to The upside um - i wouldn't short oil - quite yet nah, not right now, not with this bullish planet.

I think it can go a little bit higher towards towards sixty six dollars, maybe sixty seven dollars within the next few days. All right so definitely watch oxy um. The other other company that i want to share with y'all is cvx cvx um. It went all the way up towards like let's see here, it went all the way up towards 175 and it's about to like, and the price is about to break right.

Above it all right, it's right next to that level, so this one, i think, is going to run as well again, there was an ascending triangle on the chart right here. This one is going to run. Oxy is going to run another oil company that i can think of as well, appa apa all right that one is gon na run um. If you look also, if you're gon na look at for those of you who don't know um crude oil.

This is crude oil right, it goes by brent b-r-e-n-t. You can look at it on uh on trading view. You can clearly see also that there is a massive bullish pendant on there, which broke out two days ago on friday right here now. How high is this gon na go? It would be a surprise to me right so 124 - maybe 128, not so bad right, so watch this one um there is the correlation.

Is there between crude oil and uh regular oil companies right there have all been up trending since the beginning of the year, and this is not something that i want to short this right here. We don't we don't short bullish, but it's not it's very rare that i, i would think about showing the bullish, but it has to be. The conditions have to be either contradicting or just the overall sentiment have to be super bearish. For me to want to short a bullish pennant, but this one is is looking quite good, so definitely keep all your companies on your watch list for tomorrow, all right now, the next stock that i want you all to keep on your watch list is, is microsoft's Msft all right and the reason why i think y'all should be keeping microsoft on your watches.

Again i shared this one last time it didn't play out, as i thought it would it popped a little bit and immediately like reversed all right, um lungs, don't like this! This is not a sign of a like. I ideally for this specific setup, the s the selling price will be like 290-ish all right and then, if you form something else, then yeah you can go back in again long for the move up to 295. But i failed to even get to that level and it immediately got sold upon, but right now with the weight um with the way the market is looking the way things are looking in general. I think microsoft is going to make a move tomorrow if we zoom in closely.

If you look at the five minute um, it's it's quite hard to see until, like the very last minute of the market hours like the very end of the market hour of the trading session. There is a flag on here. There's a ball flag on here and the breakout is right at the very last moment. This is thinking this is 305, but the indication that it was going to continue upwards was the influx of buyers at the close to definitely watch microsoft.

For a move up to 287 dollars tomorrow, i'm not bearish on it. The flag is very, very clean, and it's good enough for me to share it in today's video all right now, um one stock, an update in updates um. Since i talked about microsoft, why not talk about amc, so i shared amc with y'all last time i told you that we took a day trade on it, and i also left just a little bit of runners for that friday to see if it could actually make It and unfortunately it didn't make it so we made money on the day trade. Yes, we collected here, but i lost money on the yolo cost that i had again.

That was pretty much out of, usually it usually. It does pretty well on on some rare occasions. It starts behaving like this, where the volume is weak. There is no follow through or there is no gap up even like.

Ideally, you just want to see this thing just jump up to like pop in the morning and then immediately fade afterwards. That's why this drone was there um before well, during that video, before friday, right or thursday yeah, that was wednesday night thursday morning yeah. That was. That was why i drew that.

Unfortunately, um amc is quite slow, i'm not in it um. Where is it gon na? Go next, i don't i don't know it might just chop some more, i'm not touching. I'm not touching amc at all nah, not right now. Okay! So that's that's how this one is going um, the last one that i want to do, a follow-up on.

Is it's a cheap one for those of y'all who, like cheaper stocks, penny stocks, short squeezers? We got a t e r, an a t, e r - isn't quite at ten dollars. So if you are into this, i think this one is a hold and i think that it's going to get to 10. Probably this week, that's my honest opinion on the stock, and that is the end of the video again. Do not forget to annihilate the like button for the youtube algorithm, as always helps the channel a lot, and i lost more people to get this knowledge as well.

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