Everybody welcome back to the channel In today's video, we're going to talk about one stock to keep on watch for today. We're also going to look at the overall Market along with doing some updates on the stocks that I've mentioned in the last video. Now let's dive right into the charts right off the back. Let's go over here to the spot.

All right, and right now the spot is for this video to watch this today's video. I Told you guys that the Spy was going to run all the way up to 45 70. to this green circle right here. Um, it shopped in the middle like it's up to the morning before actually starting to run after the initial hour and then it went all the way up.

It was just an all-day grinder on here so it's kind of. It's like how do I say this? It's it's kind of tough to uh uh, it's not as smooth. There's no smooth way to get into this apart from like getting in after the the break and retest right here, right? But this is very difficult price action, but it eventually got there. Now The main question is is it going to continue higher? Let's go on to the four hour and right now the market is looking a little bit lumpy.

It's looking lumpy and we might see We might see a retest of 45 41st and then if there holds, then we can see an influx of buyers probably in the afternoon. But I think this morning might be might be a little shaky. I think this morning there could be a sell-off with some stocks before we see any type of move. Fire like this is not looking good like the best case scenario would have been for it to open up at around the same price or even higher like right at 45 60 right before going higher.

But right now it's looking. it's looking lumpy. It's not looking that great. so just keep in mind that a drop in the first 30 minutes is highly likely before we see a bounce right here at around like 10 or 11.

A.M Central time Like this? All right. So that's my thoughts on this one. Now the stock for today. the stock that I'm keeping on a watch that y'all should be keeping on watch as well.

That one is Adobe All right. and the reason why I want to share Adobe with you guys is because Adobe had earnings yesterday and again, the reaction to earnings is not always. um, doesn't always match the actual numbers that the stock generated or how the stock earnings actually did. Their reaction is completely unpredictable.

Again, like I always see falling through. earnings is 150 gambling. If you're gonna do it, manage your risk. but this time earning is out the way.

so this is good. Um, right now I'm landing very bearish on it because we're gonna go on a four hour like. The stock has been on a tear for a few months now for about four months and right now it didn't do too well through earnings based off of the reaction maybe the numbers and see otherwise but the reaction says the stock collapse all the way down to 532. All right Now there is a structure on the chart right over here.

I Think it might be on the 15. it is on the 15th. Yes, there is a bear explaining another chart and that earnings let down calls that thing to collapse. Therefore, watch this one for a continuation down, especially given the fact that there may be a sell-off with the with the spy and the mess that I Watching for a continuation down like I think it's going to do a little bit of this and then drop all the way down to 5.

20. 520 is where I See this thing going before we see a before we see it slow down and then turn around. All right. So that's the stock for today.

Now let's do an update on some stocks yesterday: I Gave you guys I Gave you guys three sectors, the first one the first sector was Google let's go on the one. the first section was Google and then clear drawings. Yes, all right. I Gave you guys Google um I Told you guys to watch it for a long up to 140.

It's still very kind of. it's still stubborn like it went up like there was money to be made on. Google And congrats to anybody who made money on Google right? Um, this thing went up but it didn't go all the way up to 140 like I told you guys. So I was wrong about that.

The question is will I get to 140 today? Well, if it stays strong and doesn't pull back too much I Think there is a chance that it could. The daily charts on Google is still bullish, right? We still have an ascending triangle on the charts right over here. All right. So a retest of, um, a retest of 137.20 wouldn't be wouldn't surprise me, but it has to hold it.

If it doesn't hold it, then it's It's probably gonna turn out like sideways, then immediately crash next week so it has to hold here. It didn't bounce and then break above the uh yesterday's high which is 138.48 before going to 140. All right. so the structure is still there.

It's just that the market is kind of shaky this morning and I don't know I don't know if it's actually gonna be on its best behavior today. All right. So Google still want to watch? The structure is still there. It's just that the queues have to help out somehow.

All right now. Um, another updates I Mentioned I Mentioned Chinese stocks yesterday I mentioned JD All right and with JD this one is struggled a lot. You struggle to hold its own. The stock didn't really do much I think I think what I've mentioned was meant for today because I saw news about the Chinese stocks being up because of great Parts because of Ray because of Great Cuts in China That's I saw that in one of the I don't know if it was JD or um baba but it was one of the news.

We definitely check that out. I think it's I think I saw it I think I saw it. so watch that one for a long I have my alert set at exactly 32 dollars if it rings again, wait for the Bell to ring. That would mean confirmation and there's some shorts right here who are terrified for the price to get up there.

and if it does get up there, they most likely will cover all right. The level of resistance is right on here. Set your alerts are exactly 32 or a little bit slightly above 32 dollars and watch for a run on the Chinese sector. Um, the last sector that I showed you guys was Banks I Told you guys to watch out for banks specifically JPM JP Morgan right? The level of resistance was right here and as soon as it broke it, there was a nice day trading opportunity on it to 150 dollars.

All right. So congratulations to anybody who made some money on that one as well. The other stocks um in the bank sector weren't that great. The only other stock that did well was Goldman Sachs that one did pretty well.

That one did very, very well, but the other was like Bank of America or uh, our Citibank They were all right. They were all right on the daily chart. They still have a lot of room to recover. All right.

they still have. There are some gaps over here on Bank of America when would that get filled? I'm not too sure. All right. I Don't know exactly when it's going to get up to 31 I Know that eventually you will All right, but we have to let the charts give us the glues that is in when or how soon things can happen.

But until then I would just say keep the banks on the watch the trend for the banks are bullish and just watch French to the structures. stick your positions on there to make some day trades as it climbs higher. If I know any more about the banks now, we'll talk about them in the next video, right? So that is the end of the video. Not forget to demolish the like button.

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you can find that as the first thing in the description of the video below. And lastly, if you're interested in getting some free stocks with Weeble, you can use the third link in the description of the video below. What's good ladies gentlemen, my name is Paul and Guma the better analogy Lab orbitrate patterns patterns only and I will see all of you in the next video. Thank you Foreign foreign.