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[SP500, QQQ, TSLA, AAPL]

In today's video we're going to talk about a stock that is about to go and saying today I'm also going to be looking at some of the slots that I've mentioned in the last video along with addressing the overall Market All right, so let's dive right into it. Right off the bat, we got the Spy over here and in the last video which was on Tuesday morning no Wednesday morning I Told you guys to watch out for a drop with the overall markets and a definitely drops everything. the market was looking really really sucks, especially on the five minutes if you look closely on what happened on Tuesday morning. Well on Tuesday by the end of the day it had a bearish pennant on a chart.

all right, followed by um, the bar Tech being down slightly and then at 9 00 PM a massive at 9 00 a.m on Thursday no on Wednesday a massive sell-off all right Now another structure that I was also very. That also made me kind of suspicious with the overall Market was on the Dow Jones if you go on here on the 30 minute time frame. there was a descending triangle on here that broke out on Tuesday afternoon which really like made me more bearish. hence the sell-off um the next day.

All right now with the Dow Jones with the Dow Jones It's been shopping ever since the bottomed at noon on a Wednesday Now the question is is it done dropping or is it gonna chop some more before making another leg down? Right now it's at Let's see here right now it's at the previous neckline from this inverse that and showed us from before. and let's try and really really hard to hold I would say that the individuals who bought rightfully rightfully bought right here who are still holding right who are greedy are a bit worried in these areas. So if we see a bridge of 34.282 okay, we might see this thing collapse all right, and if that happens then everything else might also follow through with that one. Right now, the market is not down by too much, but if you look at if you look at the NASDAQ if you look at the NASDAQ just the daily charts, there is a head and shoulders on here.

All right there is you get to the left shoulder. we got the head and then we got the right shoulder. The situation is still bearish. like objectively just looking at it right now the situation is better.

It's not like it decided to make a U-turn Um, today might be the day that it fully commits right? Like fully commits as it really dropped way down to 15K And then next week we can even see a further sell-off where we go all the way down to 15.5 K and fill this gap on the Futures chart again. it's still not filled yet. This one right here. this is what I'm talking about.

Resume in it almost did on the 18th, but it really didn't like it didn't fully build it all right. And I've been talking about it during these days when the market was moving like that. So is it impossible that we revisit that low? again? No. it's definitely definitely not all right.

Now let's look at the Spy daily and let's see how that one is looking as well. Again, that one that Gap is is hasn't even. it hasn't even tried to fill right. They stop on Bgt so it's still there and that head and shoulders is looking.
It's looking kind of bearish. all right. So like the best thing for Longs is for the right shoulder to get so wide to the point where all of the Bears give up and this thing actually goes up and then breaks 45.5 So just wash, wash, and see how the market looks today. Again, right now, the situation is bearish.

Look for intraday structures. Um I think I think the introduce structure that may appear later on today might be bearish. so just be on the lookout for that. Now the vix.

Let's check out the vix. Uh, with the vix, this one right here. It went all the way up to 15. I Told y'all it would even though it didn't have any gaps on the left.

and right now is struggling to stay above that previous. um, they're above 14 is struggling to stay there. Can watch for volume. Watch for movement up here.

A break of 14.9 means that there would be panic in the overall markets all right now. Some stocks to watch for today. Let's look at the video. All right with the video.

let's see. Let me turn that all right. Let's go on to here. And the stock didn't really didn't really do much.

The stock is flat right now. Well, it dropped for sure on Wednesday and then dropped again on Thursday He formed a little bear a bullish spinner right here for a day trading opportunity, but right now, it's struggling. Right now, it's kind of struggling right here. Put in alerts at Um 464.

I'm not too sure if it's going to spike somebody May Argue that there is a previous level of support right here and it's bouncing off of it. which could be true and the next point to go would be 475. But then again, keep in mind that the stock is very overvalued, like the stock is way up here. It had a massive run and it's still struggling, right? It's still struggling at the top to break above 500.

they try to do it over here pre-market and they try to do it again over here after the earnings. and right now again, the daily chart is looking very very Lumpy looking like it wants to roll over. And also there is that Gap at 4 32 which hasn't gotten filled yet again. So keep that in mind.

Let's see how the weekly chart is looking. The weekly charts. The weekly chart is not looking that spectacular and it's a doji right now. so this is OG Right now, it's hard to say it's hard to say if we drop immediately or if we drop next week, but I will be very cautious going long at these highs, especially after that massive sell-off from like right after earnings and it failing to break above 500 for two straight weeks.

So just be careful and look for an opportunity. Shorts: Alright, now an update on Apple Again, congrats to anybody who took a trade on that one. I Told you guys watch it for a shorts all the way down to the to these levels right here. All right till 183 and it started selling off.
I Told you to put your alerts right here right below the premarket low and also right below yesterday's low and it immediately breached that and had a nice sell-off again. I Told you a lot of money to be made On the downside right now situation looking like this, it might just chop right here before we see another move down. so watch for a day trading opportunity. I'm not too sure if it's gonna make a massive move.

I'm leaning a little bit more bearish because of the bigger picture, right? So that's my thoughts on all of these stocks. and that is the end of the video. Again, do not forget to annihilate the like button for the YouTube algorithm. As always, don't forget to click on that subscribe button along with that notification Bell That way you don't miss out on future uploads.

Um, again, these videos are released 15 to 20 minutes before the Market opens to have Early Access to these videos, click on the join button next to the Subscribe button and click on morning videos. If you'd like to be part of a private security, we can get all of this information in real time as I see them along with the trays that I take and the details of the contracts and whatever you can find that SD First link in the description of the video below. Um, if you haven't followed me on social media yet, find me at Paul and Goomba and I find Knowledge live on Instagram and on Twitter. And lastly, if you would like to get some free stocks with Weeble, we can use the third link in the description of the video below.

What skill is Gentlemen, my name is Paul and Guma for better Knowledge Lab for every trade patterns and patterns only and I will see all of you in the next video. Thank you.

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One thought on “Nvda, aapl stock update 9/8/2023”
  1. Avataaar/Circle Created with python_avatars ES Entertainment says:

    What do you think about PLTR?

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