CPI DATA HAVE BEEN RELEASED! WILL THE MARKET SELL OFF AGAIN?🚀
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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.
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, #Trading patterns, best robinhood stocks 2022, best stocks to buy 2022, swing trades, top stocks 2022, top stocks to buy 2022, financial education, DISCORD , how to invest 2022, 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 2022, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
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🔷Open an account at TD Ameritrade, use the link: https://start.tdameritrade.com/select ➡ Then choose Individual Brokerage (under “Most Common”)
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Top Stocks to watch are analyzed extensively. PSYCHOLOGY and ANALYSIS are also included as always.
💎 Post-market Analysis Videos are released 6PM-10PM CT every day.
✅LIKE & SUBSCRIBE & Hit that notification 🔔 FOR DAILY UPLOADS | IT HELPS SPREAD THE KNOWLEDGE TO MORE PEOPLE 🤝🏽
Sincerely,
Paul N'Gumah, CEO & Founder of Patternology Lab
If you have any comments or questions, Don't Be Shy! COMMENT below and I will respond or make a video!
MY FAVORITE DAY TRADING BOOK
📚 https://amzn.to/2YY1LU1
My Studio Equipment:
🎤: https://amzn.to/2NQFu4g
📸: https://amzn.to/38t1Cek
💻: https://amzn.to/3eZDuCP
📺: https://amzn.to/2YZZDeJ
My Trading Desk: https://amzn.to/2YVCBW8
Chapters:
0:00 Intro and Topics
0:35 NDX and SP500
4:55 TWTR
6:50 AAPL
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.
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, #Trading patterns, best robinhood stocks 2022, best stocks to buy 2022, swing trades, top stocks 2022, top stocks to buy 2022, financial education, DISCORD , how to invest 2022, 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 2022, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.
Everybody welcome back to the channel stock market sold off again today. Now the main question is: will it sell off begin tomorrow we're going to be breaking that down thoroughly in today's video? I'm also going to be sharing with y'all some stocks that y'all should be keeping in your watch list for the next few days now before i begin again, do not forget to annihilate the like button on your way in, and also don't forget to click on the Subscribe button, if you are new to the channel right, so let's, let's get right into it right off the bat um. We got the spy we're gon na go over to the spy first, all right and in in yesterday's video i told you all that again the cpi data was coming out and that the expectation was supposed to be super bearish. Well, the market makers did the complete opposite of what i was expecting.
I'm going to use the ash, i'm actually going to use the nasdaq because it would be it'll, make more sense all right, so we got the mask that will be here. We got this structure, which is which are still yet to form completely right, so what i was expecting for the cpi did at least the the reaction to it. We know that the expected number was around 8.3 to 8.5 and it actually came out to like to be at 8.5 um compared to last year march. Now.
The reaction that i was expecting was this: we dropped first right all the way down here and then rebounce kind of like what this line is showing you right here. But what the market makers did is do the complete opposite, where it opens up higher right and then drops like this, and i think it's going to go all the way through um. It's a little bit green right now, but i think that tomorrow is going to stall and then it's actually going to hit 13 thousand seven hundred dollars for the nasdaq all right and then at that moment a lot of buyers will step in it will make it Will make um visual sense if you look at this chart - and somebody may argue that what if it is already a support? What if this right here right there is support instead of that little wig right there, so it really depends on your preference. I like to just focus on like the the wick itself, instead of the body of the candle, this it's just in my experience.
It's just it's more, it's better for me. It kind of removes any any uncertainty when i see a specific structure when i trade, so i like, using the candle wax itself all right now with the way this is looking. I think we i think we collapsed um. I think we collapsed so definitely watch for that and don't be if you're short on the market just be ready for those buyers to step in over here right now, um, let's talk about, let's talk about one stock that you should be keeping on your watch list For tomorrow, that one is a little bit, it's a little bit tricky.
It's actually twitter. All right! Oh actually, wait! Let's, let's go back. I almost forgot one thing: we got ta look at what actually happened. Yes, the market did the complete opposite, but there was actually a clue that this was a nasty um green to red move. And if you look at the five minute yeah, if you zoom in over here first the move was positive right and then there was the bull trap right here and then it did this um. It did this head and shoulders right over here right there. So we got the left shoulder, we got the head and then we got the right shoulder in a moment that i saw it. I kind of i thought it was just a descending triangle like right over here.
It started breaking out like 11 29 ish. So this is the way i kind of saw it, but now that i see it it's in reality, it is a head and shoulder so um. It just kept dropping and dropping ever since that point. It also offered some like day trading opportunities, intraday to a lot of stocks and the stock that y'all should be.
Keeping in your watches, for tomorrow is twitter, all right and starting off with twitter. Again, as i've mentioned, there was day trading opportunities and there was one on twitter today as well and on a lot of stocks um, not just twitter. So we got this one right here, the descending triangle on twitter. It broke down right here at like 45.50 and it dropped all the way to 44.50 and i think that it's going to go a little bit lower.
Given that i am slightly given that i am partially bearish on the market as if, however, gon na open. But i think this one might might take a little bit more of a hit because of if you look at the daily right here, we got that gap that has yet to be filled. We have seen this type of move before on google yeah google made this move before and faded right into that gap and for those of you who haven't seen that, let me just go on. Let me just go on the one and then look up.
Google, all right, let me show you all right, quick for those of y'all who may be starting with the market if you're beginners, i'm talking about i'm talking about this, move right here right, so it jumps and then it just fades and fades and fades and fades. Obviously, this gap is not as big as twitter's, but you get the points and even what the 9sma over here is still went right through all the way down and really fill that gap, so um with twitter. I expect no difference. I expect this thing to actually keep falling all the way into, like all the way down to 40 dollars.
So definitely keep this one on your watch list all right now. Another stock that we're going to address in today's video we're going to talk about apple. Alright, now with apple today, again this one a little bit more resilient than a lot of the other stocks out there, even the spy, the spy kind of dropped, all the way down to like this level on the spy right, but apple apple, went up a little Bit and i'm pretty sure it was just to fill that gap. It's a very tiny gap right here right there, all right before potentially fading again, so i'm not completely like i'm, not i'm not totally bullish on apple, so be really really careful. Worst case scenario. It just drops right, um and the other. The other worst case scenario is that it just chops and goes nowhere like we want. You also match it on this thing.
We wanted to make it specific decision right so for for this one, i will just tell you to watch for intraday opportunities on not just apple, but just the overall market. All right - and that is the end of the video again - do not forget to annihilate the leopard for the youtube algorithm as always helps the channel up 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'd like to be part of a private discord community, you can find it as the first link in the description of the video below. Thank you all for watching and i'll see all of you in the next one. You.
Great job Bro👌🏾. Good to see you again💯
Hey Brother……. welcome back…… thanks for your help…..
Seantiticombs in the building
My man thanks for the upload!!! I appreciate you
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ATER 🌙
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