In today's video, we're going to address the overall: Market It's looking like it's setting up for a massive move very very soon. So in today's video I want to get you all ready That way y'all can know what to look for within the next few days. I'm also going to be doing an update on some of the stocks that I've mentioned in the past. Video: All right y'all before I begin again. Do not forget to annihilate the like button on your way in. And also don't forget to click on that subscribe button if you are new to the channel right? so so let's get right into it right off the bat. Um, in the last video, my stand on the market was bullish. until until one thing happened on Friday which I didn't like. So I told you all to watch the overall markets I believe it was between the 11 and the 14. I told you to watch it for a move. actually no, it was on. Tuesday Yeah, the last video was on Tuesday I told her to watch before it moved all the way up to at least 4100 and I thought that it was going to get to 4 100. on Friday because if you look really, really closely like right here. There was a lot of buyers who stepped in on that intraday sell-off right and the next day it actually opened higher. But what it failed to do was I was run past the previous highs and it's been Consolidated ever since. This right here is very irritating aggravating for for swing traders in general, right? for anybody who like were holding calls or puts like with with a lot of time, nobody is winning in this Zone right? It's just eating up the contracts if you have any spy calls or Spike but it's not moving, it's just going sideways for about eight business days now, right? But I think the volatility is gonna kick in really really soon. and I'm not leaning bullish because I failed to do what I thought it would do on Friday as the last bullish day before we roll over right, but instead it's just laying flats and I don't like that. so watch the overall market for a potential collapse. Um, either tomorrow or by Wednesday I think all right now. Another thing that I want to share with y'all is I want to share with your perspective. like on the Spy there isn't anything too special like any but I mean any Tech dispatch I'm talking about like a a structure that I could be like okay, it's behaving in the matter where we're definitely gonna collapse right? I can't I don't see that here. but when we look at the when we look at the NASDAQ the NASDAQ is always easier to trip to to. I Guess to read I'm just yeah, the NASDAQ is easier to read compared to the other indices. Um, the Dow Jones is just really, really slow. A little too strong. It doesn't collapse as much like it's just much, much slower. And it's not as volatile as the NASDAQ right? But what you see on here obviously I drew this like right before the video to see if something was was there and it looks like there is something here. It looks like there is, um, a bear flag on here. And if I'm right, if I'm right and we get a massive sell-off and we get another one of these like like these right here. You see that this masterful, this could be a huge opportunity for all of us. especially the Bears If you're bullish on the market, I do not share that point of view with you and all I can say all I can say is be very, very cautious and I should take your next trip. I'm just here to share my opinion and right now my opinions are bearish. All right. So Washington NASDAQ for a drop all the way down to 11k either by this Friday or by Monday I think I think that may happen all right. Now that's the analysis on the overall market and what I think and that why there is a very thumbnail. Um, looking at the vix for example, if anybody has a counter argument, the vix isn't showing anything at all like it's really not. It's there's there's nothing there's open up higher and then it immediately sells off every single time it does. so it just sells off. But the market is just flat and like losing steam. It's losing is losing volume. Let me zoom in right here. That way y'all can see. Actually, let me zoom into the follow your profile. There we go. All right And then we're gonna do this uh-huh and notice here. this right here. All right. The volume is slowly slowly decreasing as consolidation continues right? So the next candle might be a huge Red Bar To break that Trend And then we will see something that looks like this. kind of like what happened here like this. right? Here is what I'm expecting for tomorrow and then the next day, something that looks like that here. That's what I'm expecting now. Um, One Stock that I want y'all to keep on your watch list is TSM All right I Want to share TSM with y'all for one simple reason. One very simple reason and it's it's overvalued. Well, it's not overvalued, but it had a huge run by like I think 40 or 40, maybe 45 percent all the way from from 60 to 85 and the previous jump over here I think it was from Berkshire Hathaway Yeah, Warren Buffett Yeah yeah, there's news over here about Warren Buffett taking the stake in TSM It caused the stock to jump obviously along with the other semiconductor stocks. and right now I think it's slowing down and looking at it like this when I Zoom in somebody May Argue that This is not argue. Somebody may say now this is a hangman pattern right? Usually this Hammer will be a little bit like lower but it's kind of there and there's these gaps at the bottom that have to be filled and if anybody any buyers who bought over here looking at the chart like this looking at the weight is slowly going like sideways. they're probably gonna want to take their money off the table which is going to cause a sell-off in the stock. So watch CSM for a potential pullback like I had the same idea for for JD and I shared your deal with y'all about two weeks ago for a potential long at 44 so we're gonna look at JD right? I Told y'all to um to watch the thing for a long all the way up to like into the the high 40s, low 50s. got all the way up here and then on Friday once I saw this little thing right here, right? once I saw this this is called a dark cloud cover and like you gotta put yourself in the mind of people who are buying what do you think would happen if they see that right and this is a bearish Candlestick pattern so we decided to just short it would puts right here and we and immediately today it dropped by like four. it opened up at negative five percent and they dropped a little bit more and as soon as like a minute went by I started to just sell and in those 15 minutes of the opening trading hours now it's just the time to sell before they started to do a little bit of a rebound like right over here right am I bullish on it? No. I think it has a lot of room. down again my exit. All in here. This is where I get out and I just went sideways and sideways. It still has a lot of room to the bottom, so this is another stock to keep on your watch list. Um, it may do another doji like this before Wednesday when it collapses right, it may do that. so this one is still a good one for a potential shorts. All right. So this one in TSM wash these two stocks for this week. Now let's let's do an update on another stock which which is doing weird things. um last week last week I told y'all to watch I told you to watch HD for a potential long and it's just been. it's just been going sideways I took a loss on this one I bought a car I bought one call hoping that it would burn up I I was I I Usually don't buy early but when it looked it looked really, really decent. And by the way, anywhere in here is early. like taking a position anywhere in here and I took an early position on it. All right with the expiration of Friday and this move right here, right? hoping for I Was looking for a bigger move but it's it. got delayed so I was off like 24 hours. Could it go up to 3 30 on Tuesday Maybe right? Maybe. And the reason why I say that is because when a spy and the other indices go sideways like that, different sectors tend to do their own little thing like we can see apple and Tesla crashing while on in. the Dell you can see the stock like HD low caterpillar, slowly up traded and being positive, right? So that's what happens when the indices straight sideways without any interactions. These individual sectors do their own thing. and maybe I was a little bit off on this one, but um, by a few hours. So if you have calls on this one I would say be really, really careful again. I'm really embarrassed on the overall market and if this one decides to follow the overall Market this right here could be. Let me just bring it down. This right here could be a bull trap. All right. This right here could be a bull trap if it's open. If it opens up lower, it doesn't immediately Spike to 3 30. it's going to collapse like I Can tell you that right now. if it doesn't open higher at least 320 and run, it's gonna collapse at 300. Yeah, okay, so be very cautious All right. I Just want to do an update on this one. That way y'all can know. um what? I'm thinking about it and what's going on Now the last stock that I want to discuss in today's video that stock is Disney All right now with Disney Um, they put up magical unicorn news this morning about somebody's return to Disney and then they got really excited and a stock spiked in the morning. Um this. I I don't like the follow through. If if there was something something really, really like. um, if there was a powerful catalyst for the stocking for this move, it would open up here at 97..

and push to a hundred and the Scandal will be green and then we'll and then we could see a follow through like this. but based off of everything else right the way, it's just sold off and it turned out to be an all-day fader. after the news showed up and people started taking their money. I Wouldn't be surprised to see that Gap at the bottom get filled like I Think it's gonna drop to 92 dollars within the next by by Wednesday I Think it's going to drop back down to at least 93 dollars All right and then maybe even go lower maybe. So that's that's my thoughts on it I'm not bullish on it. Um, regardless of the news again. I'm just looking at it from like from just the charts and I don't see anything bullish on here. All right and somebody May argue that this may be an island Gap Reversal right where we got the the first gap down. we got the Big Island right here and then we got the Trap of shorts right? But you got to keep in mind everything else. Sometimes it works, and usually usually when it works is phenomenal. Like we see the LNG F reversal year and then we see a massive jump up and then we see the next three or four days just be monstrous. But currently, all right and with this volume right here, which is very, very obvious, um, be cautious and I'm leaning a bit more bearish than bullish on Disney So that's my very honest thoughts on the stock all of these stocks and that is the end of the video. Again, do not forget to annihilate the like button for the YouTube algorithm. As always, it helps the channel a lot. It'll ask 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'd like to be part of a private disco 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. If you haven't had any social media yet, to find me at Paul and Guma and I better knowledge you have on Instagram and Twitter. And lastly, if all of this is new to you, if you're interested in getting started in the stock market, there are some basic step-by-step directions in the description. that's video below. Step One to step three, it runs. It's about 10 to 15 minutes for you to have all the tools you need to try to start trading immediately. You can also get some free stocks after setting up Weibo using the third link in the description of the video below. Once again, this gentlemen my name is Paul and Guma with Analogy Lab where we trade patterns and patterns only and I will see all of you in the next video.