Everybody welcome back to the channel. The stock market is about to go crazy tomorrow and in today's video i'm going to explain to y'all why and i'm also going to be sharing with you, some stocks that you should be keeping in your watch list for tomorrow as well, and i'm going to be Answering some of you guys, questions like we always do here on this channel for those of y'all who drop the stocks of interest in the comment section of our last video before we begin do not forget to annihilate the like button on your way in all right. So, let's, let's begin right off the bat, so today was uh. It was a pretty nasty day as soon as as soon as the market opened, everything just started to sell off quite aggressively all right.

If you look on that that right, shoulder recess right, there um it didn't, it didn't hold, didn't hold at all. As soon as the gates opened. We saw a huge volume of sellers and there was a little bit of a clue that it was going to happen. Anyways with that bearish spin it in the into the entry right, so that was actually no.

This is midday. It actually happened. It actually happened right here. Yeah there is the bearish goodness there it is so it's right there, all right and as soon as the breakdown happened, everything just started to sell off.

So that's that's one thing that happened today now: where is the market going to go next right now? It looks like buyers stepping in all right. We had some earnings today, um and right now, three hours after the earns have been reported, so we've seen a steady climb. I think that the market makers are going to cause the market to fall a little bit more and actually give a second shot app for short sellers to pretty much cover any short position that they may have. So i do kind of expect a double bottom over here at this level at around 41.41 or a little bit lower towards like 41 25 and then immediately like after we reach that level.

I expect a huge push throughout, like the middle of the day. Um the market has been oversold for quite some time and i do think that there may be a little bit of a a little bit of a rally coming soon, all right, but at first watch it for watch it for this drop, because i think it's going To happen, i think all right, that's that's my honest thoughts on the overall market, now reasons why i think this is going to happen again. We got ta look at microsoft, microsoft earnings was this. One was very, very tough to even predict um.

If you look on the daily right, somebody can see the obvious very obvious, hidden shoulders on there. It looks bearish from the start. You got the massive head right here. We got the left shoulder and then we got the right shoulder right.

There right looks bearish, but the reaction was positive. They actually crushed earnings, let's see so this is microsoft earnings they beat their aps and their revenue by a very small percentage and their revenue year over year was up by 20 percent. What i expect for microsoft is something that just pretty much a retest right. I think it's going to open up at around the same price at 280 dollars and then it's going to drop all the way down to 275 dollars.

Pretty much kill the value of both the the calls and the puts just siphon the value out of all of them right and if we don't get a massive rebound today like what i showed y'all with the spy. If you don't see something like even maybe a little bit deeper like that, and then this type of move it may occur, the data follows, but i think tomorrow will be the day to siphon the value out of those contracts which would be nice, like the contracts. Would be cheaper right and when the contracts are cheap, that means that the roi on every day, trade specifically, is a lot more lucrative, especially if you're right and if your timing is right, the direction is right and the pace at which the trade is going is Ideal, all right, so it's a good thing: um, if you gamble through earnings, it's a bad thing, because i think that those contracts are going to get annihilated either direction. Now for google, google also had earnings.

The reaction started out negative at first. It dragged the market down right now, it's just chilling. I think i think it's just going to stay right in pure. It's not it's not going anywhere.

It's just going to stay in this range around, like 23 10 yeah right here for quite some time before it decides to bounce um. I was bearish on this one just because it has been down trending for quite some time, especially on the weekly chart, but it's just not it's. It didn't move too much and i do think the bottom is kind of near very, very near on the overall market. The spy and the nasdaq - so that's my that's my honest thoughts on on the uh on the overall market and the impact that these two mega cup stacks stocks have on the overall market.

I think we bounce so watch for that rebound now. One stock that y'all should be keeping in your watches for uh, for tomorrow, more like a sector is aal all right. Aal. Has this thing going for itself? It was it was it formed a very very it looked bullish at first until the breakdown midday at around.

Like 9 45-ish, it broke down right here at 1946 and then it just kept tanking and tank him. I think it's going to open up lower and then rebound right. I think it's going to open up lower end rebound. The reason why i think so is because of ba ba has earnings tomorrow morning.

All right and ba is actually setting up for an not earnings. Will i don't want to say disaster, but foreign is miss all right now. This is what i see on va. There is a bearish dependent on there right and usually without earnings.

Is it's a very easy trade? What our earnings we can just see. We can just expect this thing to just slowly fall and fall right, all the way down and fall all the way down to, like maybe even 150 yeah, maybe around 150.. Usually that's what you would expect. So i think that earnings, the earnest reaction is going to be terrible, regardless of what the earnest numbers are, and i do think that it's going to open up lower, maybe elect 155 and then in the morning there will be a massive pull.

There will be massive, drag down all the way down to 150 before rebound so watch it for a potential day trade intrigue day. If you took a short position on this one, we were watching this one in the discord and i have been sharing it in the washer. Some people made some money on this thing on the way down. So if you're showing this one, don't get too greedy and watch for that exit, especially in the morning, so that's the first stock aal or just airlines in general right now, the next one that you should be keeping in your washless, that one is up st again.

I'm gon na share this one again because it's been, it's been really really slow. It's straightened in the middle of that gap, it's only a matter of time. Their circle used to be. I used to have it over here right and then it just kept consolidating, and then i moved it over here and then it just kept consolidating.

Then i moved it over here and over here today. Today we took a day trade on it. Um this setup was um, it wasn't quite obvious, but everything was selling off and it just seemed like it would play out. Well, all right, so we're gon na look at we're gon na look at this thing, all right so before, even before, before the upsc day trade, i actually took a trade on qqq which didn't play out.

Well, it looked like it was going to make a move. It held right and into the close, and i bought about a call on there for like two for 390 bucks and unfortunately the market was flat and i had to sell it 10 minutes into the open at around like 260 dollars, um lost about 33. On that one, and then after that again this is today's trade upst showed up all right and the gameplay was simple get in here at 77, with a stop loss at 78. So we got in with puts right here all right and then it just kept falling and falling and falling with the market.

It didn't fall quite aggressively, as i thought it would. I thought it would drop all the way down to 72 65 - maybe even 70 dollars, at least as as much like as aggressive as the other tech stocks, but it wasn't too aggressive. It was falling slowly. It got from 77 to 75 and then from there as soon as it got to like 74 dollars.

Where was it yeah as soon as it got to 74 dollars, which was at around like at 9.40? Let me show y'all this thing, so it got to here as soon as it got to here. I immediately started to sell and sell all right and then it forms another thing in the afternoon for a reentry for the potential gap down tomorrow, and i took another entry right here at 76 for a much cheaper price than what i sold for so hopefully we'll See this thing crumble down to well, if there's some some bad news, but in favor of the shorts, then we can expect the stock to actually fall lower towards 70 dollars and maybe even finally just fill this gap completely. So definitely watch this one for a potential drop for a day trade. If that is so, it's going to be quite rapid again, i think that there will be a massive move tomorrow, but in the afternoon it would be more bullish.

So this is if you're short, especially if you're really really short, buys on the overall market. You want to watch out for a potential reversal. So that's my very honest opinion on all of these stocks, and that is the end of the video again. Do not forget to annihilate leg button for the youtube algorithm as always helps channel a lot and allows more people to get this knowledge as well.

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What's up, ladies gentlemen, my name is paul and guma with the analogy lab where we trade patterns and patterns only - and i will see all of you in the next video you.