In today's video, we're going to be addressing the overall Market once again and what to expect next week. I'm also going to be sharing with y'all some stocks that you should be keeping on your watches, but potentially some massive moves? All right. So let's dive right into the charts. Right off the bat, we got the spy and right now as you can see, the market sold off aggressively on Friday All right.

Um, in Friday's video, I told y'all that I was expecting a sell-off at least in the first 30 minutes of the market. It's sold off very, very early and very aggressively right after breaking below this level. right here. All right.

Um, it kind of sort of looks like a head and shoulders. You got the blood shoulder, the head, the right shoulder which is made up of a a descending triangle right here with the breakdown right? So I thought it was going to drop and then potentially bounce right here, but at the open it already got to that line and the market was looking very, very exhaustive. The volume was getting higher and higher and it didn't look like there was any bounce inside and it flushed right through it. What y'all see right here on the 16.

is there is a cluster of Bones right here? Who got traps right there? All right, there's a lot of balls in here hoping for a bounce, hoping for a move fire. And if the market does not open up higher like much much higher, the sell-off is going to continue. All right, the situation is not looking too good. We got a bow trap or the spy and if you look at the project, you look at the NASDAQ.

If we take a look at NASDAQ and we zoom out, the NASDAQ has a slightly difference. um, picture to it All right. So this is the NASDAQ and the level of support which is right over here is it got broken on Friday afternoon? All right, and the level of resistance is right up here as you can see. So it's been cooking in here chopping for over a month and this is not looking too great.

Yes, the Gap got filled here, but keep in mind that we have another one that still hasn't gotten built still. After all these mods, it still hasn't gotten fully still they tried, but it's not. It's not quite there yet and this looks to me like a breakdown on the four hour time frame with the Nasdaq. All right.

And if it doesn't, So if if it doesn't do this at the open and close at the highs and then open a higher on Tuesday to cause a short squeeze right here, then we're gonna see a sell-off all the way down towards fourteen thousand and six hundred dollars. Probably that's by like Thursday or Friday I. Don't know how fast it's going to get there again, assuming that this is really, really clean and it's on its best behavior. All right.

So for the NASDAQ, watch for a potential draw all the way down here. the situation is bearish. The daily chart is bearish. Now there is a bearish engulfing candle on a daily chart, right? So watch for that potential continuation downwards.

Let's look at how the weekly is looking. it's not looking that great. No, it's not looking that great. So this this watch for that, All right and also take advantage of enter the opportunities as they present themselves.

Now the first stock that you should be keeping on watch. We're gonna move on to the four hour. The first stock is Clf all right and with Clf I shared this one with you a while ago I believe it was right here near 14.15 I Told you that you're watching for a potential drop because of this right here. Bearish pendant on The Daily charts.

It broke down, but it's been playing games right here. for people who got in short early like right at the breakdown. All right, if the Uh contracts. if the expression on the contracts are really, really far away, then the price hasn't moved.

But for excursions are really close. They're down twice a lot and these individuals are a little worried. But as long as we see a follow through with the market, you would like to see this one fall all the way down to 13 bucks next week as the NASDAQ continues downward. So watch Clf for a drop next week to 13 bucks at least The Bearish pennant on the weekly chart is still there, And a candle that looks like this at some point next week wouldn't surprise me.

All right. So this is the first one to keep on watch. The next one to keep on watch is something on this smaller time scale and it's estimates. An SMH looks like this, so we're gonna zoom in right over here.

Number one, it's been up, it's been. it's been an enough triple quite some time. Number two: we have a you get a better spend it on the four hour right here. It broke down at around like 10 or 11 am, right right at 1 15, 149 and it closed Really, really low.

Which is telling me that this is far from over and again with the overall Market. If you see a sell-off with the NASDAQ, this one is also going to get Tracked Down. All right, my alert is set at 137. Therefore, again, obviously that's the price target for this one.

Watch before we draw all the way down to 137 Maybe 137.50 at some points this week, maybe by Wednesday maybe or Thursday but the setup is there and I don't have a reason to be tough to think that this is fake until it does something that I don't like. Like until it again breaks above here, closes here and opens here. Until it does that. This thing has to go all the way down to 137.

So wash it for a drop all right and set an alert right here. That way, you know if it does something that it's not supposed to do. As long as it stays here, the structure, the sector, and stock, it's bearish to watch it for a drop down. an accurate Circle All right now the last one, the last one is the one that I've mentioned on Friday's video to keep on watch for these shorts.

this one is Adobe and Adobe had Earnings negative reactions to earnings I told you to watch it for a drop all the way down to 515 I think maybe 510. It formed a doji right here, but it's not in the clear yet. like it's really, really fun. There's some gaps at the bottom at 4 40 at 440.

I don't know how fast it's going to get there I don't know how fast it's going to get there, but and I don't know if he's gonna play games either. like do some more dojis right here before falling, right? I Don't know if it's gonna do that either. but I know that the reaction to earnings was bearish and this is Tech stock and based off of what he NASDAQ does, this one is most likely to follow it down. So watch it for a drop.

How low can it go at least to 500 right here to this level right there. At least watch it before we drop down there. Now some updates on some of this on JD that was one of the stocks that I've mentioned on Friday and I specifically said wait for a break of 32. the alert never rains I never took a trade on it because my alert never ranged All right.

I was waiting for this thing to pop up here. It never did. It broke down below the level of support and obviously everything was seven off. So hopefully you didn't just jump into this immediately at the gates because that's not the move.

That's not what I said in that video. All right, the alert at 32 didn't ring. Therefore, you either don't trade it or you trade what it gives you. which is the downside right here.

All right. So like all of the Chinese stocks collapse, could it? Could they go lower? I Wouldn't be surprised again. we're going to look at Baba because Baba let me go into one minute and then we're gonna look at Papa Player Yes. All right and then Bob was still has something to take care of.

It has something to take care of right here. and it's right, Attics. It's right there. All right, a break of it and then they'll be happy.

Like these individuals from here will panic because their stop loss is right at 86.60 If they get triggered it will be a sell-off Like they will cover. they will. They will. Um, they will cut their losses immediately.

And they start with plumbing just to fill the scalp on the left side. So that's my belts on all of these spots. and that is the end of the video. Again, do not forget to demolish like button as always and don't forget to click on the Subscribe button along with the notification Bell That way you don't miss out on future uploads if you like to be part of a private this community but get a little mission 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 followed me on social media yet, you can find me at Poland Google Instagram and on Twitter and for some free stocks. Um, with Weeble you can use the third link in the description of the video you get two free stuff that you're signing up. It only takes about 10 or 15 minutes to have an account with Weeble. All right, my name is where we trade patterns and patterns only and I will see all of you in the next video.

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