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In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.
[SP500, QQQ, TSLA, AAPL]

In today's video, we're going to address the overall market and why it's setting up to make a huge move within the next few days. I'm also going to be sharing some stocks so y'all to keep on your watch list for tomorrow. All right y'all let's dive right into the charts. Right off the B We got the Spy over here and today the the market did some thing that I was not expecting at all.

I thought it was going to roll over and at least for the Spy I thought it was going to roll over and actually test 4700 but it decided not to Now in this situation. in this situation, any of the Bears who are out here in these circles, they're a bit worried and when we zoom into, we're going to go on the 1 hour when we look at this. just this segment right there with the head and shoulders which is supposed to be head left shoulder, head, and right shoulder and the neckline right here with this structure if it consolidates for too long. Meaning if the right shoulder gets a little bit too wide, short sellers get worried and the structure itself becomes sloppier and sloppier over time as the market or the stock is consolidating sideways.

Right now, it's not looking that great. for shorts, it's not. We didn't break below this neckline right here and it's actually looking a bit bullish it is. There is a better perspective on the Nasda, so we're going to look at that really quick.

So we got the NASDAQ and there is really two ways to look at it. The first way to look at this is on one hour, just the way it is and we have. We got this thing right here. Let me just draw it that way: I can see what I see and why the overall Market is setting up for a big move.

So we got this break of, uh, resistance. we broke, we retested, and then we broke again with some volume. The volume looks good at the bottom right, so we have that right here. This is one bullish perspective.

If this is clean and it looks very clean, right? it should run all the way up towards 17 ,400 maybe even a little bit higher. So that's the first way that I see it. Somebody can argue about about this. maybe drawing the line from here like that as they both flag.

Um, but another way to look at it Also is this: I'm going to remove this and then we're going to go on to the 4our and then we're going to look at that right there right here. Now this is setting up as a bullish Penny All right. a very, very powerful and reliable pattern that I like and so far it broke out. It looks like it broke out at exactly noon right here.

see first 4our candle a in a hammer and then it really popped out in the afternoon and now it's looking like it wants to go up. So overall, we're looking at something bullish right here. It's looking bullish. It looks like Nvidia last week before the massive run and if you don't remember what that looks like I'm going to go on the one minute, then we're going to go the video.

Then we're going to clean up the chart. All right. So this is NVIDIA and this is how it was setting up before the big Run right here. It's a similar structure.
Will we see the same outcome? That would be nice, right? That would be nice if we see the similar outcome. So compare this with this right here. Actually, no for slash NQ Nasda there you go. So similar thing.

So I Do expect the similar outcome until it does something different. Now let's look at let's look at the crypto. Market Since we are looking at the with all markets, let's look at the crypto. Market Now with this one right here, it's looking kind of bearish.

It is the only sector that I am that's looking bearish right now compared to everything else. I Don't think it's going to follow the NASDAQ or the Spy within the next few days. Today it showed a it showed a bearish pennet that broke down at like 10:00 Yeah, it broke down at 10 o' and it's right here right over here. all right.

and I break down with some volume and this thing. if it's not going to play too many games, it will drop all the way down towards 38,000 There is also there is also a gap to fill in the Futures chart right here. All right. So that's also something to uh to consider.

If it doesn't get filled tomorrow, then it's probably going to get filled next week, but it's there. so just watch out for that and when for it to actually kind of consolidate again before um, accumulating again again. I'm I'm telling you guys, if you if anybody took profits in this region and looking for a cheaper price, look for Price action that look more like this when we consolidate like that. When that happens then Longs will be looking to get back in.

but right now bears are in control and that Gap is right here. All right. So just keep your eyes out for BTC and all all crypto stocks. Now the next one that we're going to discuss, we're going to look at the banks and with the banks, let's talk about City And City City was slightly bearish.

It was bearish today. It had to move down but it didn't go as low as I Thought it would go. Um, it stopped at $50.50 before retesting the previous level of resistance. at the close it could be a break and retest it's too soon for me to tell you guys that it's a that it could be a bear trap.

Yes, everything else like the overall Market is looking pretty bullish right now. If it follows it and we're green and this thing actually opens up right here above 5150, A lot of these Bears they're going to cover everything. They're going to cover whatever shares that they shorted they're going to. They're going to cover it.

They're going to take a small loss and we're going to see it pop all the way up towards uh, $53 All right, But it's all about how it opens. So just be patient. be very, very patient. It's not confirmed as a bear trap yet.

it's not. If it opens up up here, then yeah, it is a bear trap. But as of right now with the way it looks, the only thing I can do is to move this thing sideways and wait and see which way the the first five minute candle right out the gates look like if it's looking bearish with some volume, then the odds are we going to go to 50 and maybe even below 50. So but as of right now, it just looks kind of neutral with MTB reporting earnings.
This thing was very very choppy. It had a positive reaction. hence none of the banks actually like Gap up or gap down too far from their closing price. but this thing is still chopping at 132 and the same thing applies again with the with the bear trap.

it's not supposed to move up here. If it does, a lot of bears will be trapped. I'm talking about the bears from one two, three five days actually five days Bears have been accumulating shares to sure if it opens up higher. expect a move up because stop loss will just get triggered.

It's simple technical analysis so just just keep that in mind. Just keep that in mind now. one stock One stock that I want to share with all of you which may make a huge move and has massive upside potential. that stock is I'm going to go on the one minute and then we're going to look at Se and I want to share Sh SE with all of you I cleaned up the chart because it is right at support support is at $35 right here.

That's the first reason. The next reason why I want to share the stock with you is because of the Candlestick pattern on the daily chart right here. The combination of these three candles, it's called a Morning Star it's very bullish. Uh Candlestick pattern again.

if you look up Morning Star you will see this literally. you will see this either a red doe or um, a green candle like this followed by it's all about the shape, not really the color, right, the shape and also the location of that cluster. The location is is right after a big drop, right? so that's that's the second reason. The third reason why I want to share it with youall is because we're going to dive into the 5 minute and we're going to look here.

If you look very very closely in day, there was a bullish penet right there which broke out right here and behaved very very well into the close. So watch it for a long all the way up to all the way up to where the Bears are at. which is is maybe $39 Actually, yeah, $39 so that's that's not very honest thoughts on all of the stocks. I Don't think I forgot anything.

Um, oh yeah, let's let's address TSM that was the other stock that I mentioned yesterday TSM Now with this one, now with this one, let's see it had a positive reaction. Two Earnings t CSM There you go. It had a positive reaction to earnings. It had a huge gap up towards 110 and a lot of these semiconductors actually went higher which surprised me as well I wasn't expecting that and again, um, earnings is is it's a coin to say 150% gambling and today turns out that it favored the Bulls and a lot of these Tech stock slash Um semiconductors were up big.
Now is this going to go higher? I Think it will because on the daily chart there are there are bears right here and then some more bears right here. So we broke above that level. again. all of the Bears were located at 106 they're going to cover because we closed really really high during the day and also right over here.

There is a gap to fill all the way up towards 115. so just watch how it opens, Watch how it opens. it's going to open up at maybe 114 and then Sprint out the Gates make a big move close it. could it go even higher? That's a maybe I don't know I don't know but it started filling the Gap today and I think it's going to continue tomorrow.

So that's my thoughts on all of these stocks and that is the end of the video. Do not forget to demolish the like button. As always again. I Release these videos from Sunday to Thursday at Exactly 10: P.m.

Central Time All right, so definitely click on that subscribe button and click on that notification Bell That way YouTube notifies you whenever I release these videos if you like to be part private disc Community Where you can get all of this information in real time as I see them, you can find it as the first link in the description of the video below. Don't forget to follow me on social media at Paul Anduma Neology Lab to get some free stocks with Weeo. You can use the third link in the description of the video below once again. L My name is B Goa with Better Knowledge Lab for we trade patterns patterns only and I will see all of you in today's Thursday in Sunday night's video.


By Stock Chat

where the coffee is hot and so is the chat

9 thoughts on “The market is about to go insane”
  1. Avataaar/Circle Created with python_avatars @michaelvo9060 says:

    GMDA
    falling wedge?

  2. Avataaar/Circle Created with python_avatars @lazy_bonez1255 says:

    Shorts can eat my shorts 🤣🤣lol

  3. Avataaar/Circle Created with python_avatars @sinfuldavy0 says:

    Is NVDA going to the moon – $600

  4. Avataaar/Circle Created with python_avatars @tanishshah6095 says:

    Can you please analyse NFLX?

  5. Avataaar/Circle Created with python_avatars @ob1o675 says:

    That 4hr /NQ looks like an inverse head and shoulder to me too. I thought you saw that.

  6. Avataaar/Circle Created with python_avatars @Superhornet331 says:

    Was hoping for more red 🐻

  7. Avataaar/Circle Created with python_avatars @positiveinsights2020 says:

    tyvm 👍👍

  8. Avataaar/Circle Created with python_avatars @DysonGolf says:

    Thanks for the breakdown 💪🏾

  9. Avataaar/Circle Created with python_avatars @MasterDatingAbroad says:

    Insane crash

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