In today's video, we're going to address the overall: Market Once again, stocks collapse tremendously today and we're going to talk about what to expect within the next few days. I'm also going to be sharing with y'all a couple of stocks to keep on your watch list specifically for tomorrow. Before I begin again, do not forget to annihilate the like button on your way in. And also don't forget to subscribe if you are new to the channel right? So let's let's get right into it.

Right off the bat, we have the spy and so far things are not looking too good for the bowls. All right. In the last video which I released on Monday night I told y'all that we were at a very critical level and it was very very important for y'all to be to be looking out for a specific move on the market. I spit I use the Dow Jones because the Dow Jones was an easier charts to read.

so let's take a look at that right now. all right now, look at the Dow Jones This is the Dow Jones The Bearish Bandit is on there. A very choppy session like three weeks ago, right? followed by a retest of that level of resistance. Again, this is when I released that video and immediate have to.

Immediately after that the market started to sell off and so far the sell-off is getting more and more aggressive. All right now. where is the Dow Jones going to go? Initially my initial thoughts during the switch I thought it was going to drop to exactly 32 000 during that week, but it took a sweet time instead. and now it's finally behaving the way it actually should, the way this structure is supposed to play out.

As you can see: I have my alert at 31 000, 480 and I Honestly do think that it's going to get there, um, sooner rather than later. so watch the Dow Jones for a continuation downwards to that level. Probably gonna be tomorrow. All right, it's probably gonna be tomorrow.

If today was negative, let's see negative 1.6 I wouldn't be surprised to see another like just in another move like that, maybe even bigger tomorrow. At negative two points 35 And you're gonna see a whole lot of headlines right about the indices getting um crushed. So I think that's what I'm expecting for tomorrow. All right, and that's for the Dow Jones specifically.

Now look, let's look. let's go back to the spot. All right. Now there is something interesting with the spine.

Somebody could argue. what if we bounce and I don't think it's likely number one because this level of supports got breached. All right. It became like it was resistance before broke out and then retested it again.

right? Had a nice run, a three-day run, and now it Bridge right below it. It's not looking too good. all right, Every dip Buyer who bought in right here at 39.50 looking for a major move towards 4200, they're panicking at the moment and I wouldn't be surprised to see everything be worse. Like to see this thing go down to around 39.60 38.65 and then continuing it lower in the morning.

All right. So that's one thing. Now the other perspective that um that I see here. let's remove the line.

let's get rid of that line all right and let's zoom in right over here. I Didn't see this until like in the middle of today. there is there is a head and shoulders on here. We got the head, we got the left shoulder, we got the head right here, right and then we have the right shoulder right over here and a lot of these short Sellers from here and from here added only can looking for a move down the neckline of this structure at 39.50 Got taken out at around noon and the next step is all the way down here towards 3 800.

not exactly 3 800. now could It Go lower. it's a maybe and that's that's for another video. We have to wait and see the development.

like what what the charts are putting out before. I Can let y'all know for sure that we're going to get below 38 100 right? Especially this week Now I think I think I'm gonna get to 3800 tomorrow I Do think so now looking at it from like a much much bigger scale. the third perspective to look at the spy. let's erase all of that and let's go on the weekly.

All right, and we're gonna zoom in right over here. The weekly chart is looking very dangerous and y'all should be very careful, especially if you're long biased on the markets. I'm definitely not long price in the market there is. There is the bearish pennant.

Yeah, there's a bear spin on here. As you can see, it's right there. The line of the line of support got broken in the in the beginning of the week and then if we go right here, right? we see. we see.

We got one test right there, another test right here, and another failure to break 4200 followed by the market rolling over. The next stop is the next stop. Just from looking at, this alone is a lot lower than 3 800. Like a lot lower.

Definitely definitely below 37.20 and it's going to take some weeks to get there. All right, But let's just stick things day by day. It's important to look at the bigger picture once in a while, but it's it's not looking good. like it's really really nice.

All right. So that's that's my thoughts on the Spy and the Dow Jones Now the first stock that y'all should be keeping in your watches that I'm keeping in my watch lists That stock is that stock is Oracle All right, let me just type that in right here. O R C L All Right now Oracle Had a nice run throughout the past few months, but today it had an earnings and during its earnings, it didn't do too well. As you can see, there's that level of support right here.

It got taken out because they didn't I Don't think they matched their earnings expectations. Maybe they did. It says right here, they beat Eps and yeah, it says right there. the beats in the revenue is up.

but the market is bearish and sometimes the reaction can be like this, right? The numbers are good, but the reaction can still be trash, which is terrible. Again, there's multiple factors to consider with these reactions. like I always say holding anything through earnings is 150. Gambling all right and I rarely rarely, rarely, ever do it all right.

So um, what? But with the way this is looking I think it's gonna go all the way down to 80. at least at least 80 bucks tomorrow. And there is a gap at the bottom at 82 dollars and it's already at 83. So let's see.

let's see. the next level of supports is right here. Yeah, right there. So watch.

watch for a candle, a red candle in the first five to ten minutes of Mark it out market hours and just watch for a flush. If I flush, then there is the good. There's a high probability that it's gonna go all the way down to 80 bucks by the end of tomorrow. All right, it's not looking too great straight now and it's looking kind of weak, so that's the first thought.

The second stuff that y'all should be keeping in your washer is it's a much cheaper one. It's not 86 dollars, it is approximately 16 or 17 is Upst. and Upst has a very simple, very basic structure on the charts. If you look at the four hour, all right, we're gonna zoom out.

We're gonna move in right here. There is a Bearish in it on the chart that broke down today. right here. All right.

watch this thing for a drop all the way down to 14 bucks. Very simple, all right. Very very straightforward. Watch it for a drop down to at least 14 bucks.

like the lowest. I See this thing going is probably 12.. But for now again, one one video at a time. one day at a time.

watching for the drop too to 14 bucks. All right. now. the last stock.

Yeah, we got time for one more. The last stock that we're going to talk about, Somebody have been putting in the comment section for me to discuss. AMC Um I Don't trade AMC for those of y'all who still trade it again if you make some money from it. Congrats I Don't I don't I don't touch this one I Don't look at it at all.

but the way it's looking. it's downtrending at the moment. and I Wouldn't be surprised to see this thing go all the way back down to four dollars and 40 cents where it belongs all right now. looking at it from the daily again anywhere in this region.

and also keep in mind there is that Gap right here at four dollars exactly that is going to get filled at some point in time and even if the market like somehow recovers massively I Don't think this one is going to have that map that much of the move. I Think it's going to just chill in this region and eventually you fill that Gap below and just stay here throughout like the whole month of like to draw the remaining of throughout the remainder of March and also April So that's my very honest thoughts on all of these stocks and that is the end of the video. Again, if you found this video helpful, do not forget to annihilate the like button for the YouTube algorithm as always, helps the channel a lot and allows more people to get this knowledge as well. Also, if you are new to the channel and you haven't done so already, definitely click on subscribe and click on the notification Bell along with other notifications.

That way you don't miss out on future uploads if you like to be part of a private. Discord Community We can get all of this information in real time as I see them. 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 Paul and Guma in the Paranology lab on Instagram and on Twitter. And lastly, if all of this is brand new to you, if you're interested in getting a starter in the stock market, there's some basic step-by-step directions in the description of the video below.

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