Everybody welcome back to the channel! So the market sold off once again Today's video. We're going to address the overall market and what I should be looking out for for the next few days. I'm also going to be doing an update on some of the stocks that I've mentioned in the last videos and I'm gonna give y'all some new setups to keep your eyes on for tomorrow. All right y'all now before we 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. Alright, so so let's get right into it. I'm currently not in my office, but that's all right, we're gonna. We're gonna make this video for y'all So I'm looking at this right now.

we have the NASDAQ and in the last video I Told y'all specifically to watch out for that breakdown of the huge Bear Flag on the chart. Now the breakdown was not. It's not the cleanest breakdown that I've ever seen. it's really really not.

Um, but but it's playing out the way I told y'all it will play out. maybe not exactly this red candle I was expecting it on Friday but Friday gave us this very boring doji right here. as you can see on the charts, right? and this right here. Monday is when the sell-off really started to intensify and that's when that candle fully closed below that white line that I warned you about, right? So so far things are looking pretty great.

Um, I am very, very bearish on the overall market like I've been for the past three weeks, right? I haven't changed my opinion yet again. I will change my opinion when the market gives me a reason to change my opinion. but for right now, the bear stays on the thumbnail all right now with the NASDAQ how low? Could It Go Well, um on Friday I Told y'all that you can expect a drop all the way down to 10 10 500 for the NASDAQ I think that it drops to ten thousand and four hundred slightly lower. And the reason why I say that is because there is like it's been cooking over here at the breakdown level, but it's been cooking to form something interesting.

which is this, uh, let me change the time frame to the 30 minute. Yeah, it's a lot more visible I'm gonna erase this line temporarily I'm gonna put it back, but for now, I'm just gonna erase it that way. I Can see what I saw this morning. There is a descending triangle on the chart.

It's right here and it's quite clean. All right. The breakdown, like the full breakdown of that happened at exactly 10 a.m Central Time actually no 9 30 when this candle opened followed by the flush down right and then they try to retest in the middle of the day at noon and then got rejected off of the V web to close below the red box like I gave people on the Discord warning about that red box you know, added or below it Again, they're trying to still bearish and it pretty much closed below it to death. so therefore this thing is gonna keep going lower.

The descending triangle is very clean in my eyes I Don't have a reason to be bullish on this thing right? And in my experience and what I've seen in the past, this thing should drop all the way down to like if you drop all the way down to uh here. and now the interesting thing is why I like this setup so much. All right. we're going to look at the Vix and the Vix is looking really really good.

Let me go to the one minute and then we're gonna look at the vix and then I'm gonna erase some things all right now I want you to take a look at this? We're gonna look at the 15 minute and we're gonna zoom out and look at that. There is a very clean a very clean bullish painted on here that I don't think I want to bet against like no I think this tank is gonna run? Um I think the Vix is gonna jump and it's gonna jump ferociously. uh to 26. maybe 27 tomorrow would be nice for shorts right? So um yeah, definitely watch the market for uh I think for for a collapse uh to these levels to fix all the way up here.

For those of you who trade the fix right instead of shooting the market. So yeah, watch for that again. Very simple analysis on a vix. Big picture is still below 23.

but it looks like it wants to make its way back up here by the end of the year. All right now. Um, some stocks that I want to share with y'all yeah, we got some time. Uh, the first stock that I want to share with you to keep on your watch list that stock is KO Let's look at Ko all right now.

this one right here. Um, long-term investors love this stock again. I shared it with y'all many many videos ago. Way down here to watch you for this type of recovery because it has done so multiple times whenever it gets to these levels right here, right and right now we are at over overbought levels right now when the market is looking kind of sauce.

and if you're looking at the Futures on the left, a left inside, right here. like the Dell not doing so great right now compared to um, the NASDAQ and the the Spy Like ultimately, shorts want everything to collapse right. but right now it's just showing a bit more weakness to the other. So um, I think I think KO is going to collapse as well because if we zoom in closely, there's a triple top on the chart.

at 65 we got one, we got two, and then we got three right here, right? and I expect to drop all the way down to the neckline at least. and maybe a bridge all the way down to this level right here at 62 bucks. All right. So definitely keep your eyes out for KO for a continuation downwards after the triple top.

All right now. Um Now Let's do, let's do an update and then I'm gonna share another one with y'all right? So uh, a stock that I've mentioned in the last video I think I titled this stock is about to make a massive move I'm gonna like pin it at the top that way y'all can go watch it if you haven't seen it right. But for those of you who have seen the stock, congratulations, you have been getting paid from the stock. It's been doing exactly what I told y'all that would do that stock is Lac and it's following scenario number one, which is the best scenario that short sellers would love to see, right? So I told y'all to watch this one for a drop at twenty dollars for a drop all the way down to 18 um by by this week and so far it's been doing wonderful.

If you look at the daily chart, the structure is still there, the behavior is nice, and shorts are getting paid. So congrats to anybody who are making money on this thing. A very simple, foreign, very, very simple. All right.

Obviously I'm embarrassed on the market. therefore I Don't think this is gonna bounce anytime soon. That's my very honest thoughts on on Lac All right now. the second stock that you should be keeping in your watch list s for tomorrow.

Yeah, we got time. The second stock would be second stock would be Walmart All right now with Walmart Walmart Looks really, really weak right now. It's not looking too great and there is a specific structure on Walmart which looks a lot like what I just showed y'all with the NASDAQ throughout the past like a week and a half. There's a descending triangle right here on the charts and it broke down this morning at like 9 15.

retested it, just select the Nasdaq all right and then collapse into the close right. So I'm definitely not bullish on this one. The structure is clean and I wouldn't bet against it. I'm looking at the one hour I Think this thing can drop all the way down to 136.

by Friday I think yeah. If a behavior is really really well, I expect to Walmart to drop down to 136. all right now. Terrible.

Behavior Again, terrible behavior is when this thing, like obviously climbs above 142. you don't want to see that shorts, just want to see this thing just collapse. That's what short sellers want to see. So that's the second stock that y'all should be keeping in your watch list.

The third stock that I was going to look at. Um, this one is also going to be an update again if you watch the last videos. I told you I shared one with y'all I told you Disney would be paying shorts as well Disney is doing phenomenal and it broke down after this bearish triangle. It broke down at 9 15 right over here and it's been falling ever since.

Again, looking at a big picture, let me see: I think I erased my drawings I did erase my drawings. That's unfortunate. But yeah, the drawings were on here I think it was on the four hour right here. Yeah, the drawings were here right there.

Uh-huh And then I told y'all to watch it for a drop to at first 85 and then later to 81. So it's on its way down. and I think tomorrow is the day that we see that final flush. I Think that's my very honest thoughts on Disney and all of these stocks and that is the end of the video.

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