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Hey guys, good morning good morning, yep seems like that's working so good morning. Happy monday, um, the only thing that's really happened. Uh over the weekend is crypto got demolished. Um.
I can't say that i'm surprised, uh yeah makes sense. Um i didn't yeah. I didn't really look down towards like 43 um i could have, but i didn't at the time um anyways. So yeah i mean that happened um.
Let me pull up the right chart. It's over here, um yeah, uh, yeah, so um. I think it was like. Last week i had mentioned bitcoin going to 52 000 anywhere from 50 to 52 000 on its first kind of crack or its first break um.
Then after it happened, i was uh. I think i was. I think i was driving to indiana when that happened or wait was it was i driving to indiana when it happened? Was it that day? I don't know, but i know it was over the, but i don't think anyways it doesn't matter. I was either driving or was in indiana whenever it happened or something around there or was overnight.
I don't know, but i wasn't at my computer to do any sort of analysis you know further after it happened. So basically, the first idea i had was the market was going to break through the white line right here, which is the uh. The weekly the long-term weekly mean once you did, you were going to snap to 52, 000 and 50 to 52 000 um. That happened, then you had your bounds, um and then you just went down all the way to like 43 000 or something like that.
If the futures market here on thinkorswim isn't showing this correctly, you actually went to 43 000. I think 42, 000., so yeah. I only predicted down to 52 didn't do the analysis to the further targets uh so ended up there, which arguably is like kind of this is. This is where we went, though you can't see the price here on think or swim, because this is the future.
Isn't that completely updated, but the true price of bitcoin uh from my understanding, actually fell all the way down to about forty three thousand forty two thousand, which, if you look on the four hour, is the negative one. This is the big long term one year weekly. So really the markets went from their all-time high. They fell from like about plus one plus, two all the way down to negative one, which is where we had that really big bounce the last time so um.
Nonetheless, the markets have retraced on bitcoin back down to a price where a lot of the market, i would say, retail as well, i mean: what do you want to call it? It doesn't matter who it was just. There was a lot of buying there um that took place. When i say a lot of buying, i mean that in the sense that it to me it seemed pretty obvious that bitcoin was going to go up off this bounce and i think it was pretty obvious to many so um, i'm not surprised. The price is back here and even retesting those prices at all.
Not even i mean yeah. No, so um you are at a short term, i don't say short-term support you're at support for right now it can be short-term where markets try to dance here. A little bit and still give way, which i'd be kind of surprised, to see that without somewhat of a bounce over the next couple weeks. So in my opinion it seems unlikely. Bitcoin is going to go below 42 000 for right now, and i got to do a further analysis on this a little later. So take what i'm saying right now with the grain of salt, but it's for to really go through this 42 000 mark, maybe 41 ish seems kind of challenging without at least a counter trend. Bounce or even you know, slight consolidation over the course of a week. Maybe so i just think it would be very surprising to see that so nonetheless, i think ready, short-term support could become a good support because we're at negative one and it's a weekly so um, which well we already bounced to 50 000.
That's right! We hit the 42s we bounced to 50 because i was going to say well if we bounce off 42, we should look up to 50, but that already happened. So you can't go higher on bitcoin right now until you actually go through about the 50 to 51. 000 mark, which is the long-term uh weekly. Why do i have that map? That way? I don't know that's weird, but i have a level at 50 and you can't really expect bitcoin to go too much higher than 50 until obviously you get through that weekly level and then once you do that you could look back up to 52 000, but we Could just be talking way too far for right now, but okay anyways, that's good! Let's go to the market um good morning guys.
Let me uh bring up the chat here on the side, one second, where did that just go just a little bit more there we go. I know the joys of organizing your screen, okay, uh yeah. Let me read a couple of these uh good morning. Good morning.
Uh, okay, so um. Now that i've read a couple of those comments, awesome. What was i thinking this morning, all right so market we'll go over that really quickly, um? So pretty much! You know the way i saw it was. I mean we could start in the futures market.
We could start in the futures market, we should start in the futures market, so pretty much uh overnight. You'll see that uh we should do the spy and we'll do the es. First, that's better and one five minutes. Fine, so um you see these two lines.
These dotted lines this one here, these ones and these ones so pretty much. Those were the long term statistical levels um. So you know what was it friday so friday we come down, we break them. So remember friday, we said downwards: targets for the day could be like it doesn't matter.
We said, watch down we're targets, two upside in downside. These are the downward targets. We went there actually below by a bit. Um came back up uh in after hours.
You know trading pre-market trading if you want and we basically traded in between. So this is your current consolidation zone back and forth, and you're only going to get breakout moves or break down moves uh, maybe bigger trending ones, a better way to say, because because this is a breakdown move right, so you only get bigger breakouts, bigger breakdowns. When you go through these uh, these two zones, so for right now, i'm gon na be watching the markets on the upside uh for right now, in the day, i believe, let me just pull up my other chart here, yeah so for right now, um looking back At the spy probably going to be watching the markets, i mean already have been watching the markets long bias. Some of these levels might need to be updated a little bit but um nonetheless, probably going to watch the market slightly long bias to start this day. Now the upside targets are really far away to the point where i don't even think it's realistic to talk about those ones so yeah upside targets on the market. I think for the spire all the way up at you know like 464s 465s, which you'd have to take out some big previous resistance selling levels, which i don't really think the best approach for right now, but um for the most part gon na see how our Markets sustain basically through the price of 455.77. The spy has already made it to the top level of our probability zone for this morning. You know - and you can see like this morning, just even more right.
We, if we put on a one-minute chart for the spy you will see that this morning market goes to holds below up, basically hits the high. This one pulls back and then holds just above, and then we move back up to the top and now we're going through this top one. So if we can sustain to this top one, arguably we might be taking out this consolidation zone now. You also might think to yourself that this consolidation zone on the spy did not hold up very well.
I mean that is true, but theoretically overnight pre-market after hours, people are actually trading the forward slash, i mean, while you're trading the futures market right and if you look at the futures market, you will see that the zone held up significantly better right. We traded up to it held it, and then we rode the top of the zone, tried to break out ripped back down to the bottom of the zone, and then this morning, obviously futures market's still trading. We have grinded all the way to the back to the top of the zone so, depending on what you follow, things look slightly different but in a nutshell, that's pretty much the market um. So if, if the es is going to trade or perform, you know any bit good today on the upside you're going to have to maintain upper side of that consolidation level zone.
If you may then move higher, which at that point, you might argue we take out, you know, and obviously markets have been down, trending down, trending down trending and we just put in a lower low. Arguably some might be calling this a basin consolidation bottom lower high. Okay, push up maybe a little mini high or low. This one takes out previous swing low pop up; okay, i'm just speaking too fast, okay, anyway, so kind of watching the market slightly long bias there see if we can actually maintain this price. If not, and we get some sort of bearish pattern - come back roll down, then that's cool too good morning, guys good morning, um yeah. We could talk about amc for sure uh. I'm gon na quickly run through the queues. It's basic.
It's kind of the same thing right i mean if you look, you just pretty much think of the same analysis for the spy. It's it's almost the same as the cues today um. You know what i didn't talk about the downside. Let me let me let me talk about that too, really, quickly, um.
So looking at the queues, you see this big dotted line. That's the weekly me or weekly deviation, one of them it's at about 377, like 90.. So again you know say the market doesn't break out today right. You can totally see the markets rip back down to retest that level too, and they maybe even sustain that level.
So you could also see a day where we don't have a breakout trending day from any of the previous price action. We have an inside day or kind of a back and forth trade day and that very well could range on the nasdaq from three 340s to 370 750s on the spy. You arguably probably wouldn't see that because the consolidation zone's so tight - so maybe that's probably not probably gon na happen, but then again i guess you could see a breakdown of this level and then the q's take you down. That would make sense, okay, never mind um.
So, let's pop on over to uh a lot of people are talking about tesla, i'm gon na try to get there kind of want to run over amc. I know it's a big one um for those that follow, maybe just peek at my twitter from time to time, on whatever day it was, it was a friday basically talked about going through this level. If, if the market didn't have such a bad day right, maybe even had a smidge of a green day, you might have seen this break and kind of retest some levels up here. It did not happen so basically, on friday, amc had levels like here and here and then it also had downside levels to like here and here so uh.
We didn't pick the upside, we picked the downside and then the downside level was 26, the first one and then, if you panicked below that, you could have hit like 23 something, but the market picked 26. I ended up covering, puts pretty much there and then you'll see the market went through a gigantic squeeze, so everyone in this ben bearish amc that's been shorting. It myself included with some puts. A lot of us, probably took some profit there.
Now you still can't convince me this is ready to reverse after we've held that so strong, we'll see, and if we do, the market is looking for amc back, 33, 3250, 31.90, so 3190 to 33.50. So call it. I mean it's called call it that through everyone, 93, 350., okay, um, so yeah, that's amc, um! Also, yeah. I mean that that's pretty much it that's pretty much. It tesla a lot of people talking about tesla. I mean tesla's, always a hot topic. So i don't remember his fate that way: it's not even yeah, i mean so tesla kind of interesting um. There's been a lot of option flow on it to the bear side.
Now, um yeah. So again, there's been a lot of option flowing this to the bear side. Looking at 900s, 900 puts thousand puts this that the other um the market isn't really pulling back currently, so you've been getting a little bit of a bounce in some of these stocks. So if you're looking to be bearish tesla, you probably want a little bit of a bearish move from the market for right now, um, which can very well happen if the markets don't sustain this upper probability level that we're looking at now.
Um. Aside from that, i do have levels on tesla up to you know 102 102.7, which is the pre-market high, also up to 1060, which let me take a look at that yeah i mean counter, you know, even if tesla starts with a counter trend, long bounce in The market we have levels up to 10220 or yeah 1028, so um, you know even watching that long markets - tesla 10, you know 1028. Maybe it's a reversal off that level. Um a lot of options today so yeah, basically watching neo, keeping an eye on tesla, watching the markets, tesla yeah, so um right now, tesla pre-market has supported the price of hundred and eighty dollars and basically well really it's a low of 9.79 so supported 9.79.
That is your four hour: statistical mean and uh. So that's your half year! So that's your six month, ish half your statistical mean um. Your next statistical resistance up would be like 1028, so a back and forth ranging market currently would be from 979 to 1028 upwards. Breakouts would take you to 1060 downward breakouts would take you to um 950 474., so inside range day for tesla could be from again 979 to 1028 upwards.
Breakout targets can be about 1060, arguably higher, depending on obviously how cool of a market day there was. You know and all that good stuff, but yeah, that's that's pretty much tesla in my opinion now i know you guys probably aren't confused about the whole uh. What is it um? The whole chinese uh? Well, not the whole, no, basically uh delisting of chinese stocks. Now that news hit the market just the other day, really hammered these stocks down.
Um how's that then so yeah there's a lot of that going on um. You know, even though they're getting delisted, you know so far, things can still squeeze up. So this was pretty much what i was watching for uh neo today, once we were down here, i figured there could be a counter trend - bounce potentially back on this market to these prices. So if neo cannot get back up and above you know realistically 32 30s, 32, 60s and sustaining, i think, you'll see neo end up rolling over into a short again and obviously, if the market rolls over that, just further helps neo continue its down move. Now, if we start getting up to 32 65 and maintaining you know for 10 15 minutes, arguably we might start seeing short sellers squeeze themselves out which could just accelerate a move up for the sole purpose of people been short, not that people really want to buy It just sole purpose of short, squeezing um, so there's also that um and if that happened, then we would look for neo up to like 33.70 um yeah, so um yeah. That's, i think, we're all pretty up to speed so gon na be keeping close eye on what did i say: tesla, obviously, spy, all that good stuff, oh yeah, no demar yeah there was a. There was a fibonacci retracement level on the spy you're not wrong about there was there was on that chart any thoughts on docu bouncing um a lot of times. When we get that sort of aggressive selling, it might take a little bit to get a bounce, um they're, sometimes not the easiest, and we've been seeing that lately, it seems like a lot of bounce has been getting dragged out on those bigger sell-offs.
So i would probably give it a second. It almost reminds me of like snapchat like what snapchat's done. Excuse me so um as of now, you do have neo bouncing decently. Well, um! Oh you're! Talking about that! So to be true! Oh yeah! I i can't really.
I mean i can't speak on that, so this is just like the uh daily, the daily chart and the four hour chart standard deviation level basically says where they're at at a quick glance. I can tell you right now. I don't even really use that myself. It's a feature some people use.
I can't just because of all the other things i'm looking at. It doesn't work well for me in terms of remembering and actually being effective using it. So that's a portion of it that it doesn't work well. For me all right give me just uh.
I need a couple minutes just make sure i got all my charts organized with things that i want to look at hmm, so yeah i mean i could we could talk mike dub, i mean we could talk more about it, but it's just you know, kind of Time crunch - hmm, oh um, i mean one. Second, okay market is open. Well hello from switzerland, hello, hello. Where is why is everything so weird today? There we go.
That makes more sense all right. So so far out of the open we've had the market kind of. Do a quick, little spike so far, neo's kind of trading like garbage all right, so you got neo rolling down. Um! Pretty excuse me yeah, i mean pretty aggressive, move down so far.
Uh you have the cues redirect rejecting their first level. Um, you have the spy rolling down and you have um tesla getting smoked. So remember that as tesla goes through about 980, you could very well see um, you know an aggressive. A more aggressive move down, potentially, is what i'm getting at so um on on a move with tesla through the 980.
Arguably you will see 9.54. The queues are getting mixed smacked down. So for now we'll stick on the downside. Remember we said the range of the qs could very well be all the way down to 377.86. Today, all right, tesla rolling, again 379. look for extensive selling volume. I feel like like i'm like at an auction or something now extensive selling is going to go back to statement. So again you have tesla down at the statistical mean there, not too shabby um.
Let me think about neo, so the deal with neo is well. This price of 30 52 is yeah. The price of 30 52 on neo is uh the long i don't say long term anything. It's just uh, it's a previous price level that has held in the past.
So it's a price action level. So i think you know, based on a lot of the way the market views this. They could be looking at 30 50 as a support. So i think if neo gets down to 30 50, you kind of watch to see how the market interacts there.
It's my opinion that we just would go through that and snap down to 29.50. So uh we'll we'll see all righty. You got tesla right at 9.79, you got good selling volume. Thus far there goes the spy.
The spy is almost at the bottom of its downside target. I don't even know what you want to call it whatever it's. The bottom line on my chart we're almost there, so the spy has successfully shifted back and forth through its trading range, almost qqq down through 380 qqq to 378., all right neo coming up to the 30-50. A lot of retail traders would typically draw support here.
It's my belief that if they buy there, they get smacked and we take them down to 29.60. I don't know it could be a lucky guess, i'm just sitting and watching tesla through the 980 979 getting tic tac mac downside all right. You get the point. We said down through that level.
Look to about that nine, whatever 9 53 44. neo. Now with the 30 30 30. I don't even know what it's called 30 40 level.
Yes, okay, i'm assuming that no i'm not gon na buy that who would buy that! I don't know so down through that level. Spy to the bottom of its trading range qqq at the pre-market, low alrighty now is probably well. I am going to take a little bit of profit on my neo short there. Maybe all right there.
It goes took a little bit of profit. There i mean neo shore still looking down to the third 29.67. Now i need to take a look at neo. Do a little bit of a deeper dive.
Why does my? Why do they keep doing that? Stop it? I, like i, don't know what the hell is happening. My positions are just randomly disappearing from my account. That's cool love it when that happens, so neo anyways, it's uh, it's getting mick, schmuck or schmidt, alrighty, very nice. So again i figured we would probably go down to this level.
I mean we're pretty close, pretty close um the market still looks like absolute, so yeah. There's that um all right so deeper dive into neo says that well, okay, maybe we looked at this level. If no buyers come in here, then we're looking down to 28.94 chance! Oh well! Let me check this before i end up doing something stupid. Oh, come on! Jj all right neo's at that target, i can't say i'm surprised - is there any buying volume? Ah, there's a couple buyers there. They are right right on time, baby right on time. Good morning, good morning, fellow people anyways, i'm still still riding this puppy down still riding this good old, pupper magoo, so anyways. Through this uh 2963, we look down to 28 90 shabin and then through 28 to 97, we look to 20, basically 28 yeah. That sounds good.
You cannot convince me to buy the dip on this market just yet still taking a peek ski at it. Actually, i am going to close. I got to close that neo short for now it was up over a hundred percent, so i had to take profit on that one. So, even though i have a feeling it's going to go down, it's just psychologically at 100 gain, you have to close.
You just got it i mean it could have went for i mean it's. Probably it's probably going to go further. I mean i don't care, but i could tell that we're going to go through a short-term little bounce on the market, which we just bounced back, and this could probably be the reversal down. So the spy look for maybe a short rejection on the spy there.
Potentially, all right so there's the candle up off the dotted line market's starting to shift down. Interestingly enough, today, today, my today, my piano or not my my p l, my positions keep disappearing like right. Now they just disappeared now, they're coming back now, they're disappearing. Now, they're coming back and further back, if i don't know what to do the spy rejecting pulling down, but can it go there all right? That's a good dip buy candle there.
So if market, not if market but market back up and through 454.39, would be good in the short term, i guess for the for the market - there - oh okay um. Hopefully, this coffee's still warm folks, ah yep, just a little bit all right, tesla holding its weekly chart, don't be surprised if it bounces there. Well i mean i guess it kind of already did bounce so yeah uh yeah, there's that tesla going for the gap. The old gap fill yeah, i mean you're, probably not wrong about that.
Where is the gap fill exactly? I don't even have that one mapped off. Oh the gap fill yeah. The gap fill is well, i guess it already. Pretty much did the gap fill for the most part right take a look uh.
He would have to go down to like 9 13 um. So by the way like i said, i'm no longer short. I closed the short there because i could see that the market might bounce and you know, like i said up and through that 454.39 excuse me. So, where you get the pop, you get the little shifter magoo, which arguably it's possible that some of the levels updated mine could be a little off, but um yeah. Why is neo going down so the reason that neo is going down? Um is well um. Delisting chinese stocks - that's part of it pretty much - is that the market was gon na deal us chinese stocks all right, so the market's getting juiced up baby um. This is this is interesting. I like this.
What time is it 9? 43. 13. Oh, by the way, i'm sorry i'm gon na have to leave again early. My friends are coming back into town and they needed me to pick them up from the airport today, um so they're, getting in 11.
11. 20. I think 11 30. Something like that.
So probably gon na have to leave here like 10 45ish or something like that all right. So this is some really good trading action on the market uh. Basically, we traded to the bottom of the range now we're to the back top top back up top tip top range. So that's cool um, really like that so no plan.
As of yet what i might do, but we're getting a great bounce on um should we be looking for the reversal long, all the way back to 1025 on tesla the boy now? Could we be doing that market kind of holding very good on the dip? Let me just think to myself for a second, because we already did kind of my first plan right, so everything we just saw was my first plan for the day, so i did that successfully. Now it's like don't want to just jump in the market willy-nilly, i mean how many things i mean, how many options are there it's up or down right, or can they go diagonal? Okay, it does a spiral. I mean there's only so many options. Well for sure.
We haven't really broken previous swing high, so i can't really say we're up trending, so we're not even up trending yeah, i'm not even gon na i'm just gon na chill wafer, just just hang out. What's up michigan wolverines uncomfortable playoff yeah, so the wolverines won. That was exciting. You know i was there for that game, so i was uh.
I was really excited about that. I got ta say very, very excited that yeah that we won that you doubled your money with pun, uh, you're gon na get another parabolic stock like dwac generally start of next season, uh yeah. Next, season's penny stock season - that's probably uh, probably where you'll you'll see it or when you'll see it sorry, um! So right now my market's moving well um! You know we very well could see this qqq back up, maybe towards like that 383 mark. It's possible bomb has been running, i mean yeah.
A lot of things so far have been having um. You know pretty good moves back up off these these, whether you want to call just smack. You know smackdown, so yeah right now, markets are moving pretty decent um. So far, the queues are they're trending up nicely.
You know off that low, so um yeah i mean we'll just we'll see how the market's sustained here, which can take just a few minutes - i mean so far neo's getting bought up very well off. This drop trends. Very nice um yeah i mean tesla's still moving decent um yeah. I figured neo on this bounce. You might be able to run it all the way back up to like 32 30, possibly um, we'll see. I mean we're close to where we started breaking down ish. So yeah looks like my first game plan was down into those targets and now just kind of watching nice move. Oh hmm, wow baba went just ripped it i was thinking.
We maybe would see that bearish with the rest of the chinese names, but no they are cruising so baba. Big, move, running, really strong yeah, i'm going to look at baba here in just a second, but that's running pretty darn good. I mean neo's moving everything's still just moving up, so i would assume that we're going to start pulling the indexes up just a little bit with all this do so. Pfv is just getting smacked right now, so just off the top of my head, i'm thinking on a big booming day i mean bob - is just running really good.
You might see 126 to 127s today. I know it seems kind of crazy, but you very well might see 126 127 baba um. If anybody yolo those today they're going to make bank if it hits, they will make a bank. But right now bob is coming up to the plus 3 intraday deviation, which basically means you could start seeing a little selling pressure there.
Just an fyi yeah i mean i yeah. I really i kind of thought we were going to get uh pulled to the downside. Today on our on baba, but i guess i was wrong about that. So yeah i mean right now we just might do a back and forth trade day, um yeah.
I wonder if they may take us over the 385s tomorrow, we'll see i'm just chilling watching. I guess cfvi um in a dip right now i mean yeah. It looks decently strong um as long as you're maintaining over 1376. That would be good in the immediate.
So that's where some people are gon na, probably try to add along a dip, keep it above. Um, arguably uh, if you follow visa visas coming up to like 201 202, which is a long term weekly 2 dev, so you might see a little bit of resistance in the 202. Arguably, if you can clear that you should get a good pop, i think see. I mean neo is uh, it might still creep up a little more but that market's starting to finally sell over a little bit.
So, in my opinion, this move here before you even get sort of a big selling attempt would be up until, like 32, 60s, 32. 30S, which were pretty close, so you can see markets are finally giving up that top. We ran into the top deviation now rolling over um, and you know we're not even we're almost 30 minutes into the day. Now almost um, just a phenomenal bounce back up on neo, and you can see it bounced right back up to those targets.
So you know on a breakout of this high for many you would look up to 33 about 33 60 next, if it really works that is, do market holding a little higher low there, not bad watching. Watch v y n e yeah voini looks like it has a move to the upside, not bad yeah. I mean google microsoft down for the day tesla's still down for the day, so i mean right now. You have tesla still trying to hold this high or low uh the spy trying to hold above its long-term levels, and you know if, if works, we should see you know maybe a pop off this top uh. Let's take a look at lcid really quickly, i mean so far just kind of going back and forth. Realistically i mean you're starting to see, i mean microsoft's having some pretty pretty decent selling volume on the day or well. It's been moving down, interestingly, here market's still struggling at that high good buyer beat candle there from the queues. Tesla is still kind of trickling down on the day.
So so far we have tesla in a pretty decent downtrend. You know tesla, taking out that weekly low of 950 would be pretty big on today's session. I would imagine so you know through that 950 low, which is the weekly level, would be yeah. Arguably interesting right, no problem, sarah gets good stuff, so yeah i mean, if i show you this sort of like the long-term chart on the spy might make a little more sense.
You can kind of see the spy right now we're just sitting in between these two price action levels. So arguably just kind of doing this back and forth trading action right now we don't like. I said we don't have a break of this range, so you're not getting a trending move either way right now, um, let me pull up microsoft again: microsoft's still kind of creeping down apple seems to be having an alright day. Today, oh yeah, yeah apple had a good move.
Um yeah, i mean so far, there's really no trade plan for me at this point, um as we're just kind of sitting consolidating in between these big levels on the market. So, like i said just more or less sitting and watching scotty trades uh, you would have to just probably go back and watch all of our past youtube streams and uh videos and you'll get the hang of it. So baba still creeping up there on the day. Moving pretty well in relation to how some other things are currently moving, yeah, that's what i mean.
There's there's quite a there's kind of a lot to drawing all these trend lines. So i was gon na say if you uh, if you do go back and look at, say um, you know our past youtube videos, i think you'll definitely uh get the hang of it more, a little quicker too. Obviously. Well, it just takes a bit to explain so the way i see it is market never actually bottomed, on the cues off support.
So arguably we could see a move there, but this spy so far is just doing this very slow, choppy back and forth grind, which for now just makes me think we're just gon na kind of tag back to five or four fifty four forties um. But there's just yeah i mean i don't know what to do yet. That's pretty much it just watching and that's the other thing too. It's like.
If you look at the spine, i mean the spy doesn't have too far down till you get to here. So it's like, i don't even really see a big breakdown, so unless you were just kind of you know taking something small trying to grind this down, i don't see a play right now. What about bitcoin um yeah, i mean bitcoin, i mean it has support in the 43s right now, so you'll probably see it try to hold there for a little bit right now. I think that's yeah. Let me take a look at dkng really quickly: wow yeah dkng great move. Today, yeah i mean dkng, maybe have some moves up to 31's 32's area um yeah. I could see maybe a move to 3132 there on that. That's definitely plausible, i'm still kind of watching the market myself before considering a bunch of yeah.
If you want to call your long-term plays like that, you know, say: neo is kind of moving good the market's starting to move. You know again, you i mean the market's still holding up great, so i mean if the queues can start getting up to this 383 and above that level, i think. That's where we're gon na start seeing some of the market, maybe kickstart into some more momentum, you're kind of seeing some buyers stepping up here in terms of volume you can see there wasn't really a lot of selling volume here on this red candle with the market. So things are starting to look better on the upside.
As of now uh tesla, i mean kind of just put in a little bit of a higher low off today's bottom. So it would be interesting to see that maybe moving back to 1025 yeah yeah, i think if, if the queues can actually get through their 383s and start charging, that's where you'll actually see momentum pick up in this market all right, so you have the cues right. Pretty much to uh your their level markets made a great jump back up so market's starting to look pretty strong. There come on, let's see if it can hold, i mean so far.
There's been good buying across the board there on the spy for the past couple minutes, really big volume from amc. You know. Let me just peek at that. I haven't seen it oh yeah, that was that was a volume spike all right right, well market.
So far, it's still holding up still moving pretty dece good buying volume, uh lcid, starting to move. I mean everything's, starting to kind of move. That direction i mean yeah. That's a good move for the market, even neo, that chinese the chinese play is seeing a little bit of a bullish curl to it still um yeah.
I mean you still have to go through 385, the kind of pre-market levels from today on the market and then obviously you're gon na have um. You know much better well, i was a much better move, but that's where you can really kind of kick starting. You know some cool trending moves, so just an fyi just setting up for another drop bass drop on spy um i mean realistically, the q's could go all the way to 391's, but that would be a big big move today is possible, but yeah we'll we'll cross That road, maybe when we get there so um, i mean you're right about the pre-market high in the queues um. Regarding amc, if amc pretty much put it this way, continued long movement all day amc, i wouldn't go anything over than like. You know 32, but pretty much like 31 would be max there um i mean yeah until i don't even think we're up trending yet so i'm still just chilling hanging out. So basically, what you have here is you have your first higher low off that bottom um. You know this is a downward trend that i had on, but you know whether or not that's entirely accurate. You know, but if we're we're trying to uptrend right, i mean we broke out this high.
We would then theoretically target up to like 460s on the market. There is arguably what you'd be doing: neo still sitting trying to get over this weekly level. There's you can see the weekly levels right at 32, 30 on neo, and it's still just basically sitting there can't can't get out of there. Nice work good job, demar, very nice work, my so i'm thinking we could yeah, i mean tesla.
My only long target for tesla right now would be back up to like 1020. Arguably, on the day, um amc would be like max 34s, but first he would just look to like 30 80. I think oh lcid's moving good neo still moving good tesla's still moving up. I mean right now if the cues pull all the way back to 383 and get dipbot that would be fine, west lcid's moving very well still um.
That's really good, and i was thinking even if the cues slide down to 380 350, too you're still going to see a slight dip buy on those um yeah. I mean definitely uploading more videos in the course i mean i just uploaded a couple last week or past couple weeks, and so pretty much any sort of big setup i see on the market is typically what i will uh end up, making a video about all Right guys, you know what i'm gon na get ready got ta pop out here. I'm gon na go, get ready to take every or not take everyone, but go get ready to pick up some people from the airport. So um, you guys have a good rest of your day.
We'll come back tomorrow morning, map off the levels. I think the markers will shoot too and uh we'll go from there. So you guys have a great rest of your day.
Keep your eye on the SPY!
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