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[SP500, QQQ, TSLA, AAPL]

Everybody welcome back to the channel. In today's video we're going to talk about the overall market and what to expect for today. I'm also going to be sharing with you some stocks to watch for today along with some along with a an update on the stock that I've mentioned in the last video. All right, so let's dive right into it.

Right off the bat, we had the spy and in the last video on Sunday's video I told you guys that we will be chopping. the market will be chopping in no man's land and no man's land in between these two white lines and the the the range at which it's moving is not that big. It's not that favorable for for swing Traders and also for day Traders because it's not moving much, right? it's It's making these little moves and you can make about 20 to 25% on on your money on the contracts unless you catch a spike like early in the morning like um, a certain stock which I'm going to show you in in a minute. but right now it's the the.

Spy is testing 4480. All right. I Told you guys to set an alert right here. below 4500 and above 4540.

Right now it's showing a lot of weakness and it's not looking too good for anybody who is bullish along. buas. All right looking at it from the 4. Hour and it's right about to test that level now.

Will it hold? I Don't know. Will it test Like really, really? Test. Will it actually drop all the way down? I'm expecting that. I Had my suspicions yesterday and right now it's opening a little bit lower, so watch out for that.

All right. The Vix is also gapping up. Let's look at Viix. Yeah, so the Vix is also gapping up.

It's making a turn around right here all right. So we be see a jump all the way up to $15 for the vix. I Wouldn't be surprised if we did, so let's see on the daily chart if we got some. Okay, I don't see any gaps to fill on the left, but it could still run, but it could still run to 15 bucks it could.

so watch out for that. Be very cautious today. Um, don't be too in the rush to jump on a trade out the gates again I Don't do that I allow some minutes to go by before I make a move so watch closely. All right now let's talk about let's talk about a stock that I mentioned yesterday Lau I Told you guys to watch think for a potential long I Give you specific instructions actually so if you follow those instructions you wouldn't have gotten car to the long side.

Maybe you would have shorted it to make some money. On the downside right here year right? I Told you guys set an alert at 5.31 and wait for the Bell to ring. Now it didn't even ring and then it collapsed way below. Uh, 5.1 Which means that again, the structure is valid right? and any long bias Traders right here are no longer considering this for long opportunity because it a clean structure is not.

This doesn't happen with something that's clean all right. And these individuals right here are the same one that get out of the structure right there. and right now, we just need to wait for something else. So where is this thing going to go? I Don't know it's probably going to go lower, or maybe even it's probably going to chop lower until something else.
Farms But as of right now, I'm not looking at this one at all because again, what I wanted to happen didn't happen. So it's not worth to look at for me. I'm still waiting on a new structure for this one now. one stock to look at have for today.

Let's check out. let's check out Apple All right, and Apple Apple right now is looking like remember: Apple follows QQQ and the indices and when I compare both structures, it seems to me that apple is a lot stronger and it's not down to where it's not close to where the Spy is. meaning the Spy is somewhere around here and it's ready to retest this level right there. All right, And Apple is way up here.

which means that there is a lot of room to drop for Apple like a 2.7% move down to drop to that level if Apple decides to speed up and catch up to the indices, there could be a lot of money to be made to the short side on. Apple Um, the long traders who got in right here are probably pissed, especially if they're hoping for a swing. So watch this one for a drop to test this specific level at 162.5 I I I'm not sure if it's going to happen the 2.9% move today I think is a little too much I Just watch out for that and set your alerts exactly where I set mine at 187.5 Maybe set it even higher like right below the pre-market low at below 18775. Like right here.

All right, just do this and then wait for the Bell to ring. and if there's some structures that show up in between, then there could be an easy trade short. To the downside? All right, so watch watch Apple for that one. The next one that we're going to look at is Meta and we're going to check out Meta because Meta spiked for some reason right here.

which I didn't read all right, but the the spike wasn't that surprising. We actually took a day trade. We took a day trade on Meta for one simple reason: I'm going to change this thing to the 3 minute and I'm going to show you guys this scord Perfect All right. so Meta: This was the day trade that we took yesterday.

It was showing in the Sing Triangle and we bought calls on this one at 3.65 Again, it's a Tuesday I told you guys on the Tuesday the contracts are not that great. therefore the amount of money to be made on a trade isn't that big. We only made 25% on it I bought at 952 right when it broke out of$ 299 and then I held I h Hil until uh 10:14 where I sold them for $450 each per contract. Now let's go back to Think or Swim and let's go back over here.

so let's go to the one minute then we get more candles. So I got in right here. Again, a simple structure which is things that you should be looking out for for today. Specifically, we should be looking for VAR structures.

Um, this one right here broke out and then be ended up getting out right here. right when it got to right when it got to the right when it rejected off the previous level of resistance. Where all of these shorts are. The price tget that I had for it was I think 3 304.
Yeah, the price Target that I had for it was 304. It got there today premarket. So what I'm expecting now is for a spike 23 for followed by a drop by Meta to catch up with everything else to catch up with the overall market. So that's my thoughts on that one.

and that is the end of the video. Again, don't forget to demolish the like button the YouTube Al As always, don't forget to subscribe and again to have Early Access to these videos. I Released these videos on Monday to Friday 15 to 20 minutes before the Market opens. you can click on the join button and click on morning videos to have early access to those if you like to be prob disco Community You can get all of this information in real time as I see them the trades that I take the contracts and all that.

you can find that as see first link in the description of the video below. If you haven't follow me social media yet, you can find me at Paul Anda and if I live on Instagram and on Twitter and if you're interested getting some free stock with Weeble you can use the third link in the description of the video below to sign up. Want get L Shman my name is Paul Guma We an knowy lab where we trade patterns p patterns only and I will see all of you in the next video.

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3 thoughts on “Why meta and aapl stocks are dropping!”
  1. Avataaar/Circle Created with python_avatars Saroj Ramani says:

    How to get your morning videos. I am not able to get. Please help

  2. Avataaar/Circle Created with python_avatars Devineempress says:

    Hold on did the spike for meta already happen down it’s going down

  3. Avataaar/Circle Created with python_avatars Niq says:

    Thanks

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