Into this video, we're going to address the overall: Market Once again. Um, the stock market is continuing a slow choppy downtrend and we're going to look at, um, some day trading opportunities that occur during the day. I'm gonna share some. Um, I'm gonna share with you guys my trade and I'm also going to be sharing with y'all some stocks that y'all should be keeping in your watches for tomorrow.

All right, So let's dive right into it. Right off the back we have the spy and again downtrend is still there. Still going slowly shopping in this channel right here. Right now, it's at the bottom of the channel.

I Don't want to be biased and say that oh, we're gonna jump immediately again. During these conditions, it's best to take things day by day like you never know when you never know if there is going to be two consecutive green days, or two consecutive red days, or just a or just the whole mess on the daily chart. as you can see. Um, looking at spy itself.

Let's look at spy. All right. This is what I mean. You just don't know exactly like what the next candle will be or how it will open.

It's very, very choppy, right? And the candles are not very big either. Okay, so that's when you have to be really, really careful, especially if you're trying to swing. during this environment, the best thing to do is to day trade or to look at a sector that is making things a bit more obvious for the next 24 hours. As I mentioned and one of my greatest videos, All right So but as of right now with the way things are looking, the trend is bearish, so look for bearish opportunities during the day.

Now there was one today. Let's look at the five minute and as you can see on the charts there was one right over here on the Spy. First and foremost the rejection. After the after the gap down you see like there was people getting in right here and then once it opened up lower and got rejected from this previous level of support they started forming this bearish pattern and then eventually collapse.

Now another clue that the the final drop was coming was if you look at the Vix, the Vix had a similar situation on their intraday. The Vix formed a bullish Bandit which made things even more. Uh, I would say more obvious for that last trade right here. Will the Vix open up higher? I Wouldn't be surprised.

the bullish pennant in for day is there Four hour is there as you can see right here. I Had it drawn um this morning and ideally usually when bullish planets are disclaimed, what comes after is a ridiculous move, which obviously may not be good for the overall markets. If this plays out the way we've seen it play out the way it's supposed to play out. spy and QQQ are going to take by a lot again.

Um, it's a matter of how it does, so it hasn't been very smooth throughout the last two weeks, but when I'm looking at this, it kind of makes sense. Like this bullish planet was cooking while the um overall Market was chopping slowly downwards and today looks like the day where maybe they chopped my end. Who knows. Um, but again, as of right now, just take things day by day.

I'm the The Vix is bullish right now and if things play out well, we might see the vix around like 18 or 19 bucks very very soon. All right now. the trade that we took I didn't take a trade on spy I took a trade on something that showed the same structure at the same time and that trade was on CRM right here. All right I was looking at CRM and amap we're here I was patiently just waiting waiting for this, waiting for my alert.

it's a ring because I like to trade with with the alerts. It kind of like it removes any type of like hesitancy like I hear the Bella ring I hear the breakdown and to me it's kind of like oh, it's time to take a trade. That's just how I trade. It's just how I'm used to trading I find it a lot easier and trades just go smoother that way.

So I was just waiting for this thing and then eventually it started breaking down. I Thought it was a little sauce when it broke down because the volume wasn't the best, but there was other factors to consider That kind of convinced me to take that trade. So I got in on this one I got it on this one um at 154 right after that candle close with puts um and uh and the price target for it was the green circle right here at 206.5 and the stock kept dropping and dropping and then 30 minutes later more like 40 minutes later I ended up selling half of my contracts which I bought for I bought them for 154 and then I started selling them at 198. let's go back to let's go back to the Chart Let's change this thing to the one minute.

That way there's more candles here. So again, I like to trade structures for those of you who are new, we trade structures all the time. That's that's all we do. All right? So if you don't know that already, this is a bearish minute.

and we got in here. and then I sold half at 2 34 which is right here when I saw this thing kind of spiked a little bit I took some of my money off all right. then I I waited for the other half to see if it could go to 206.50 and instead of doing that, the stock was not that generous. It showed me a double bottom right here.

and then I ended up exiting out of my position completely right in this. Scandal right there for nearly the same price and like 198 and then 194 right here. so nearly like a 30 again. I didn't expect.

Obviously from this move, it's not that massive of a game because it's Tuesday and I started and go where it was supposed to go. but maybe tomorrow we will see this thing drop. um, some more. but let's just but I Decided to just take everything out and wait until until the morning.

Maybe we see something different. Maybe it opens higher, right forms a different structure. Maybe it goes the other way again. I don't know.

I'm just going off of what I see at the time that I see it's I like to keep things very very simple when I trade, especially when the spy and the kikihil are being very choppy. All right, you don't want to complicate things. There's a time to swing and there's a time not to swing right now. I'll be in a time not to swing.

Okay, so um, that's that's just some tips for this video. Who may be new to trading? You gotta learn when to slow down a little bit now. Uh, let's do it. In updates yesterday I Mentioned the stock to keep on your watch list and this one, this one showed a bullish penne but the opening wasn't very convincing at all.

like as soon as it opened lower. Anybody who bought right here like that's their stop loss right there at 74.77 and if it opens lower than that like it's all gonna trigger and everybody's just gonna get out quickly. All right. So this one looking at it today I it didn't have any hopes I didn't have any hopes in it of going up here, especially because it didn't open where I wanted it to open and the same applies for the same applies for apple as well because apples showed the same thing.

Let me just clean that up all right. Apple showed the same thing and we took a trade on Apple We actually bought Apple for a swing for the same expectations and I took it tiny lost on there because my contrast was for the 25th so we got it in these regions and then I added again at the same price at like 21 at 179 20ish. and then I was waiting waiting for this thing to actually like open and go above 180. But given the circumstances with the spy and this thing not really pushing as I wanted I immediately got out like I got out at like 8 41.

This is where this is where I get out right here like it wasn't gonna make it. The volume was trash. the Spy was rolling over, it didn't open higher. You know, a lot of things just didn't go right with this straight specifically.

So I just get out again if the stock doesn't do what you wanted to do, get out. There's always another opportunity. Um, later on during the day. All right.

No hoping. When you're trading people, No hoping. Um now one stock for tomorrow that is announcing earnings is Target and Target Let's see how we're looking: I think I mentioned Target I think I did yesterday I think Target had like a an all-day feeder. This is another favorite pop and then we just paid all day and right now it's below that line 130 which is below the long-term line of supports.

and they got Earnest tomorrow morning it's not looking that great. Let me change it to the Daily All right, looking at the daily. I'm sure y'all can see the Bearish pendant on the chart because I literally just showed you the same thing that we took at Patriot on today with Crn. It's the same structure again, people.

structure. That's what we do. Structure make things easier all right. So we got this Bearish Bennett right there.

I broke down a few days ago. Not the greatest volume. Again, similar to what um CRM did, but it's still playing out right now. Like today.

had kind of a big sell-off the contracts are getting inflated. Uh, we'll see how it opens up tomorrow. Like if it opens up lower. and let's say the missed earnings and they miss themselves.

or they miss their EPs and it opens lower. let's say like 120. I Do expect a flush all the way down to like 150. I Do because there's a lot of people.

Again, there's individuals right here who are hoping for a good reaction from it, right? And the price right now is not too far away from their stop loss from just cutting this thing loose and just, um, looking at something else. So if something good doesn't happen in tomorrow's earnings, you could see this thing taking a turn for the worse. All right. So keep that one in mind.

Keep that one in mind, All right. And that is the end of the video Again, do not forget to annihilate like button for the YouTube algorithm. As always, don't forget to like. Don't forget to subscribe as well.

Alright, if you would like to be part of a private disco Community But get all of this information in real time as I See them, the details of the contracts, the price, Target, and most importantly, the most important thing: the reason why I'm taking trades to begin with. All right, you can find that as the first link in the description of the video below. If you haven't followed me social media yet, you can find me at Poland Google live on Instagram and on Twitter. And lastly, if you're interested in getting some free stocks, you can use the third link in the description of the video below to sign up with Weeble Alright, once again, my name is Lab where we trade patterns and patterns only.

all right now I'll see all of you in the next video.