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Everybody welcome back to the channel. In today's video, we're going to address the market once again. Today was a pretty volatile day, which is good. We want volatility in the market.

We're going to talk about what to expect for tomorrow. I'm also going to be sharing with y'all some stocks that I'm keeping on my watch list and while y'all should keep it on your watches as well, along with an update on the stocks that I've mentioned in the last video. Thank you All right? So now before we begin again, do not forget to annihilate that like button on the way in. All right, So let's let's get started.

Right off the bat, we have the fix right now we have the spot we have the Spy I'm changing it to the Spy right now because something interesting happened. Let's look at the five minutes. So yesterday I told you guys that there was going to be I expected a morning Spike I Expected the morning move because there was some structures that looked really, really good for a potential long and also the Spy was out of this channel right here. So this move was expected and it was.

It was very profitable for dogs, but it didn't last for too long. It gave me an opportunity for both the Bulls in the morning and then they Consolidated like midday and then they gave an opportunity for the Bears during the remaining half of the day. All right now. What does this mean for the overall? Market What could we expect? Well, there's there's two ways that I see this thing.

No, actually no, there's three ways. There's three ways. obviously the first one. the first one is.

we chop over here and we go nowhere until like Friday before we potentially collapse right through. All right. And the second way that I see this is if we actually bounce and try to retest this previous high right there, which I don't think is likely I don't think it's likely and we're going to look at the NASDAQ because the NASDAQ is a little bit more clear. If you look at the NASDAQ and you zoom out, the NASDAQ moved up is spiked to a previous level of it's more like a Zone really to a previous level of uh, support which became resistance and it got rejected quite heavily.

This is not a good sign. Alright, this is really really not good. and if it keeps going, if it keeps trading like this and going sideways like that and showing weakness and the volume also looking at the bottom is decreasing like this, right? So if tomorrow, the volume only goes up to around 50 million the highest bar on this time frame. If it goes up to only 60 million and like 50 million, then eventually this thing is Gonna Roll Over Again All right, it happened before and I wouldn't be surprised if it happens.

Okay, yeah, so that's with the NASDAQ Now another reason why I think another reason why I think this pathway right here, which I Drew on the Spy is more likely to happen is what if I'm wrong on the vix, right? What if my perspective on the vix was a little too early? so let's check that out really quick. So with the vix, we have this thing right and I Drew this last week. um, before the unemployment data came out and then we had this results right here. Now, given the fact that we had this type of volatility this week, what if we get rid of all of this and what if we zoom out on a four hour then things starts to get kind of interesting, right? Well, I think I was looking a little bit too closely with the vix and it's still cooking I think it's still going sideways and eventually it's going to pop out like this line of resistance right here.
I'm waiting for that thing to uh to to get breached. I Think if it gets breached and that alert right here at 23 rings, then there could be a lot of Terror and a lot of panic with the indices. I think again. I'm just sharing my very honest thoughts and opinions based off of what I see with these charts, but you have to be very patient and you have to wait for them to pretty much align and it will be very obvious when that time comes.

But you do have to be very patient all right now. let's start one stock that I want to share with you all in today's video which may make a massive move tomorrow after today's rejection, that stock is Amazon all right now Amazon The reason why I want to share this one into this video. Number one, it got rejected today, but it got rejected for a specific reason. If you look closely, there is that level of resistance from this date right here.

Um, November 7th and December 12th and today which is January 9th. All right. So I got rejected three times which is not very very good, which is not a really good sign, right? So I expect this thing to just again if it goes. if the market drops slightly I expect this thing to go all the way down to around 85 0.50 and then it might have another bounce on Wednesday and then on.

Thursday I think it's going to collapse down to like 82 bucks I think that's what I'm seeing right now. that's that's the. That's the only thing that would make sense to me and that would make this jar look really really clean for maybe another run later on, right? Maybe. But for now I just I Just see this thing.

so watch Amazon for that potential move now the next stop that I want to share with you all that I'm keeping on my watch list is Ford All right now Ford had a massive move. Since these lows and the reason why this happened was simply because of the one hour. If you look at the one hour, there's a falling wedge on the charts and it broke out on Thursday during that week. The during the last week of 2022, we got Thursday and it just kept going upwards and upwards.

and upwards and upwards. And right now it's at a level of resistance. Kind of like what the NASDAQ Kind of like the way the NASDAQ looks, but this one is much cleaner because it's uh, it's at the line. It's like right on the line, right? It's not like a big Zone where you can expect a rejection, but you don't really know exactly which price is gonna reject like this one is very very clean.
like it's on a dock 13 and it got to 13 and then they got rejected. So I wouldn't be surprised to see the statement pull back all the way down to 12. I Don't know how fast this drop is going to happen again, so it really depends on how how much time that the indices want to waste before we see a potential pullback. So that's my thoughts on Amazon and Ford Now let's do some updates on the stocks that I've mentioned in the last video and if you haven't watched the last video, I'm gonna pin the video at the top of the video somewhere around the video that way I can go watch it I Gave you a three stocks to watch for today specifically not this week, just today, just today.

All right and the first one was. the first one was Meta which eyeball I had calls on Meta and I got rid of Meta because it did. It did two things. The first thing is I expected a move all the way up to 135.

but the reason why I had to get rid of it so quickly. Again, this is my the the trade on Meta right and today at four minutes after the market opened I started selling I started and loading and the reason why I did that is because metal isn't a stock. that um, it's because they moved too fast too quickly like it jumped by three points in five minutes. and when I see these things like that like it's very important to take advantage of that.

Oh like, the contracts that I was in was immediately up by 60 and the details of that contract is right here. This is the chart of the contract we bought it over here. 200 each right? and then this thing immediately spikes like that. It's like when I see this I sell I don't like I start selling immediately I don't wait too long.

like if the first candle is kind of smallish then yeah, I'll be patients right? because I know that will be a bigger move later. but when this happens again, if you see money, just just take the money. All right. If you see money, you can take money.

So that's what we did. so I started selling it over here. and then when I started going choppy like this and when it's when metal was going sideways like that I was looking at the Spy I was looking at the Spy to see exactly where it would roll over and looking at the spot. it started going sideways at around 9 12.

right here and I thought this was the high of day at that points where we will see this thing just go sideways. So I just got rid of all of that up right? and ultimately later that day turned out to be a good decision because the market rolled over and also meta roll over right I roll over after breaking through this previous level of supports, it broke right through in the afternoon and those contracts looks all of their value like where is better gonna go next or how long is it going to take to get up here I don't know I don't know Again, my job, my job is to find the opportunities and if they move too quickly I take the money. If it moves slowly and maturely and gets somewhere nicely, then yeah, we can hold and wait and then collect later. but this one just moved way way too fast.
It wasn't like the spot it wasn't like QQQ it wasn't even like a stock that we were watching this morning. I'm gonna show you like free market. the the one that behaved the best was the one that behaved the best was in the video Nvidia Had this structure right here. This was a very clean, both light right and when I see this I immediately know that it's gonna go up to 158 like immediately and that's what it did that entire day.

It just kept going up and up and up and it spiked. You know again, expected. The first candle is kind of small and then it immediately went through. This is what I was hoping for with better, but it just went off way too fast.

way way way too fast. All right. So that's that's what I got ready to met up. Now the next stock that I told you to keep in your watch list was CCL All right now with CCL Congratulations to anybody who made money on this one.

It was very simple again. I Told y'all to watch it for a move all the way up to exactly ten dollars and it went up to nine dollars and eight and 62 cents. The contracts were up I think by 50 Maybe by 60 at the highest points. Could it go higher? Maybe maybe it might do its own individual thing and not follow the Spy like maybe it could go up there all right I'm not too sure I just thought that I could get ten dollars today and the fact that it's being sort of kind of slow I mean it, it really.

it really depends. like I don't know. It made money all right. It made my secrets to anybody who who took this trade.

and the last stop that I told y'all to keep in your watches for a long was Oxy and Oxy did really really well. Like I told you guys that it would I share the reason why it was going to jump again. The Morning Star was playing and I told you watching for a move up to 67. today and it went all the way up to 66.58 in the morning.

And this is where you take all of your money and leave the stock alone, right? That's not the point where you want to be greedy, especially when you look at everything else and what what it, what else is happening and the embassies and the other sectors. All right? So that's the update on all of these stocks and that is pretty much the end of the video. Again, do not forget to annihilate. You're like going for the YouTube algorithm as always helps Channel a lot and 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 God subscribe and click on the notification Bell along with notifications so 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 and Boomer at a penalty lab on Instagram and on Twitter. And lastly, if all of this is brand new to you, if you're interested in getting started in the stock market, there's some basic step-by-step directions in the description of the video below. Step one to step three, it only takes about 10 to 15 minutes.
Speeds have all the two should need start trading immediately. You can also get some free stocks after signing up with Weeble using the third link in a description of the video below where we trade patterns patterns only and I will see all of you in the next video.

By Stock Chat

where the coffee is hot and so is the chat

12 thoughts on “Massive move incoming!”
  1. Avataaar/Circle Created with python_avatars Figo Fig says:

    tickers MIRM , USM and CTMX what you think of them? thank you

  2. Avataaar/Circle Created with python_avatars 💰 Make $750 Per Day says:

    "Don't let what you cannot do interfere with what you can do." _John R. Wooden

  3. Avataaar/Circle Created with python_avatars BowTie_LG says:

    Paul do a update on Amazon please

  4. Avataaar/Circle Created with python_avatars Chris Hedlund says:

    I like you have not cheesed up your channel as most of the other folks out there. The channels all look the same now.

    Good info and music.

    Maybe join discord soon. Been subscriber on and off seems like since you began.

  5. Avataaar/Circle Created with python_avatars Garret Pugliese says:

    $KO update please

  6. Avataaar/Circle Created with python_avatars Stanley Nestaraj says:

    if you can predict shortterm overall market moves , your porftolio should be in billions , stop embarrassing yourself

  7. Avataaar/Circle Created with python_avatars NATIVE WARRIOR says:

    Keep this awesome info coming 🙂

  8. Avataaar/Circle Created with python_avatars Kelly Moore says:

    Hi, Paul, thanks for the Mara, you mentioned yesterday as well. I got in before the opening. It went up more than 20% today.
    Great call. 👍🏻👍🏻👍🏻

  9. Avataaar/Circle Created with python_avatars Jack Poon says:

    second

  10. Avataaar/Circle Created with python_avatars StockHub says:

    Wassup Paul😎

  11. Avataaar/Circle Created with python_avatars Mangled Mango says:

    🐐

  12. Avataaar/Circle Created with python_avatars Ara Zakarian says:

    First !!!

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