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#stocks #stockmarket #investing
🔥Patternology Lab MERCH🔥▶ https://patternologylab.creator-spring.com
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📸: https://amzn.to/38t1Cek
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My Trading Desk: https://amzn.to/2YVCBW8
0:00 Intro and Topics
0:30 SPY and Nasdaq Analysis
2:00 VIX analysis
4:30 NET Stock
6:00 DDOG Stock
7:00 KWEB Stock
8:00 MCD Stock Update
PATTERNOLOGY LAB was founded to specifically provide educational content on Technical Analysis, candlestick patterns, and price action. This channel features the thought process prior to taking trades. My best practices along with my mistakes are shared to help you grow. WE DO NOT GAMBLE! EVER!
DISCLAIMER AND WARNING
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]
For more knowledge on Finance, Business, and Money: investing tips 2022, long term stocks 2022, Stockmarket , safe stocks to buy now, trading strategies, robinhood investing 2022, stock trading patterns, best robinhood stocks 2022, best stocks to buy 2022, swing trades, top stocks 2020, top stocks to buy 2020, financial education, DISCORD , how to invest 2020, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to Investing in 2022, stock trading for beginners, swing trading 2022, swing trading for beginners, Elon Musk Tesla, best stocks to buy right now, best stocks to invest 2022 robinhood, webull , best stock apps 2022, top stocks to buy now 2022, top stocks 2020, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch, stock market crash, stock market, market crash, stock market news, stock market for beginners, stock market live, stock market 2022, how to start investing in the stock market, stock crash, stock market crash 2022, stock market crash 2021, stock market investing, stocks, tesla stock, stock market bubble, stock market correction, stock news, 2022 stock market crash, stock market crash today, stock market crash coming
Into this video, we're going to address the overall market and what to expect for the next few days. I'm also going to be sharing with y'all some of the stocks that I'm looking at and what. You actually keep an eye on them as well. All right y'all So far the market has been going sideways for quite some time now.
This is the spot we're gonna start off with this all right. So as you can see, it's been chopping and the range at which it was it's been going has been getting smaller and smaller as the days goes by. It's been trading at the same exact range right over here, right there. All right here.
It's been shredded in there for about 17 days now. All right for about 17 days. Tomorrow will be the 17th day And also keep in mind keep in mind that tomorrow there will be an employment data coming out tomorrow at exactly 7 30 a.m central time and that may or may not make a drastic move in the markets. I think it will I think I Think it is going to shake the market a bit.
At least it's setting up for it. Looking at it right now I See a small bear flag on the on a two hour I'm looking at the two hour right now. it looks a bit better on the four hour. Yeah, looks a bit on the four hour, but it's there.
It's shopping at the moment. We will see what happens tomorrow. Let's check out the NASDAQ and see if it looks any better, especially on especially on the four hour. Yeah, so a You know if you've been watching the channel I've been telling y'all I drew this circle right here last.
Thursday I drew it for y'all in that video and I was I Was actually expecting it to fall there but it didn't It opened a little bit higher and then had a pop on that Friday and went sideways ever since. and right now it's right back to that level that it was on that Thursday when I made that video and again if the day, if the market don't like what the Uh data puts out there, we may see that drop to 10.4 Okay, come to pass. All right right now it's a little bit up, but we will see things could change, things can change all right. So that's that's my thoughts on it.
The Bear Flag is still there. We're going to look at the NASDAQ to see how the NASDAQ is looking as well. Let's check this out at the NASDAQ right now is is going sideways as well. Let's look at the four hour and the four hours.
go inside because all right so let's if I'm waiting for this thing to get out as you can see I have my alert on here at 23 30. it depends on how much time the market is going to waste. I'm sure all of the Bears are watching this very very carefully right? and are watching for the Spy. It's a break below that level.
There is a lot of room down here. Like a lot of room like the next level that I see us hidden when we get out of there because we will get out of there right when we get out of it. To the downside? I'm expecting to move all the way down to 40 to 36 50. somewhere around over here, that's where I would expect some type of Bounce if we do crack below that level of support. All right, so keep your eyes out for that potential move tomorrow. All right now there's here's some stocks that I'm personally looking at that I think y'all should be that I think are good enough to share in this video. All right. So the first one, the first one that I have my eye on is Nettie All right, and with Nettie uh, it's been.
it's been demolished for quite some time. It has been demolished for quite some time. Um, it started out around 14 bucks. It went all the way up to 221 and has been slowly fading ever since.
And right now it's showing a very bearish structure on here. right over here. As you can see there is there is a bearish triangle on there. Somebody could argue that it's a descending triangle, but as you can see, it's very She broke down this morning and it closed at the lows tomorrow.
If the market doesn't move or if this stock designed to do its own thing, okay, see this thing sliding all the way down to 36 bucks, maybe even 34 dollars tomorrow or by Monday. So that's the first stock that I'm keeping on watch the second stock. this one. this one is also looking kind of bearish.
The second stock is Ddog all right. and with Ddog as you can see like if you look at this one and you look at Neti the look identical. They look exactly the same. The structure is on there, this one is a little bit more wider.
but the breakdown occurred at the same time as Nettie. All right, the breakdown occurred this morning right here at around 67.60 and there is also let me go back on here to the Daily Yeah, there is a gap right there that has to be taken care of on DDO on Datadog right over here all the way down to 56 and I have as a field job before the majority of gifts 90 of all gaps get filled at some points in time. So I'm watching for a drop in this zones of 56. either by tomorrow or if the if the market decides to chop again and slowly slowly waste more time, we might see something like this.
they crawl all the way back up to like 66 followed by a continuation down next week. That's what I'm seeing. or just a drop like that. All right.
So that's the second stock to keep on to keep one watch. Now the third stock that I'm watching. especially for tomorrow. That stock.
That one is actually bullish. It's the only bullish structure that looks decent enough, like it's K-w-e-b All right. And the structure on this one is number one. It's been trying to recover for quite some time.
It got demolished for some months, and right now it's making its way back up right. Um, number two. We're gonna go on to the four hour and we're gonna zoom in. right over here.
All right. As you can see, there is an ascending triangle on there. Somebody could argue that it's a boat flag, but it's there. It broke out yesterday and it's continuing again today, and these jumps right here. It could happen overnight tomorrow, and if it does, I wouldn't be surprised to see K-w-a-b at at least 38 dollars at most 40 bucks again if this entire receptor continues to pretty much do its own thing and ignore what the indices are doing because the indices are just shopping sideways for very long time. right? While this sector is just, um, well, this sector had its moment and during the past few days. So definitely watch this one for a continuation to the long side to 38 bucks. All right Now let me do an updates on one of the stocks that I've mentioned in the past, the stock that I've mentioned before that I think it's time to talk about is McDonald's all right now.
where's McDonald's I Told you guys to watch this one for a short all the way down to 60. and I think I made I included that one in I might have included this one in that Thursday's video right before the market had a Green Day the next day. um I I drew this circle right there at 260. I was expecting it to drop the next day, but it didn't.
It just took a sweet time. It just kept going sideways sideways and eventually got there on Monday which is kind of annoying for the Bears because it was the majority of shorts. any shorts from short. Any stock just want to see the stock fall like we want to see the stock fall as smoothly and as fast as possible.
Like this is the best case scenario. This is like the worst case scenario. eventually it got there. but if you got in once right there with like long-term contracts, maybe two or three weeks out, the payout was gonna be quite minimal, right? Because the faster it follows, the faster and the higher the value of the boats gets.
all right. So with this one, um I still got some room below and if the market is is really really bearish, tomorrow it starts to fall and the NASA gets to 10.4 K and the Dow Jones also follows. We might see this one also follow through and collapse. The daily is not looking strong at all and there is a gap right there at 257 to fill.
So that's my honest thoughts on all of these stocks. and that is the end of the video. Again, do not forget to annihilate if you like One for the YouTube as always helps the channel 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 all notifications.
That way you don't miss out on future uploads. If you like me about private disc Community where you 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. Give the enemy social media you can find me at Paul and Duma and after knowledge, live on Instagram and on Twitter. And lastly, if all of this is brand new to you or if you're interested in getting started in the stock market, there's some basic step-by-step directions in the description of the video below. Step One Step three: It only takes about 10 to 15 minutes for you to have all the tools you need to start trading immediately. You can also get some free stocks such standing up with Weeble using the third link in the description of the video below. Once again, listen, my name is Lab Rare betrayed patterns, patterns only and I will see all of you in the next video.
"The first step toward success is taken when you refuse to be a captive of the environment in which you first find yourself." -Mark Caine
U
made 100% on my GERN puts today 👍🏻
Could you look at wbd thanks
Looks like a big bear flag on the daily on the SPY! And that report is the most important report bring released this month so yes, the market will move violent tomorrow. We will break this boring range. Shorts will be burned and bulls will be burned. I got $1000 that I plan to play four contracts in either direction to grow my account to $2000 at least. I might have to hold overnight to catch some leftover movement continuation.
The problem is everyone is so bearish so the market will be going up to burn all those puts
Everything I understand was that, we going downhill
I love you bro !!!