The market is sold off quite aggressively today. so in today's video, we're going to talk about why? All right, and what are the clues that y'all were supposed to be looking for before the collapse happened? I'm also going to be sharing with y'all my thoughts on what's going to happen within the next few days. and I'm going to be doing an update on some of the stocks that I've mentioned in the past videos. Thank you! All right? So now before we begin again, do not forget to annihilate the like button on your way in.

And also don't forget to click on that subscribe button if you are new to the channel, right? So so let's get right into it. So today was a phenomenal day for all of the shorts out there. For the past few videos, this is the Spy Again, we're going to go back to the NASDAQ because the NASDAQ is an easier charts to read and to explain, right? I Have been warning y'all about this sell-off for the last few days since the previous videos right here all the way down. Um, it didn't get to 11 000 in that red box.

It took a sweet time which is okay. All right, the big picture was there. The Bear Flag on The Daily looks wonderful now, right? Um, and the situation today. How could you have known that it was going to drop today? Well, I saw this Bear Flag I Saw this Bear Flag this morning right here like I.

Was a bit hesitant on if it was going to stall once again today, but once it broke down like this was game over This right here. What you see with this chart is a small Bear Flag within a massive Bear Flag right? So this picture right here is very, very similar to what I've been talking to y'all about for the past three weeks on the large time frame. right as you can see, there's even these three little pigs right here. and if we compare that to if we compare that to the four hour for example, right? Like they're right here.

it's the same. It's a similar scenario but on a very, very small scale and that's how I knew that it was going to have that massive collapse today. We took a day trade on Apple we bought Apple puts for a day trade. To the downside, right? Um, it was very, very obvious the move was there and it just kept dropping and dropping.

And now that the Bear Flag is completely, how do I say this? Um, I don't want to say that it's done cooking I don't want to say that because it could always waste more time and go sideways. It really really could, right? But But when I look at it on like let's say the weekly for example I think I think that this week could close underneath that bottom white line underneath this line right here and then next week we could see you can see how I don't want to say worse because if You shorten then it's good for you, right? But if you're hopeful and you're like wrong and you're bullish all the time and all you want is for the market to go up well I The situation might get worse all right. But right now I'm just gonna say that, um, it could go all the way down to like ten thousand five hundred. Maybe next week.

But let's take this thing day by day. let's see what happens tomorrow if there is terrible news in the morning at around like 7 30ish. Again, if you could see this thing actually break down all the way down to like 10 900. All right, and then we might see a massive red candle To the downside, and if that happens, then everything else should collapse all right.

Now let's look at the fix. I Told y'all um with the vix that one thing for sure that was going to happen is um 23 is going to Brick as soon as eleven thousands on a NASDAQ gets sticking out. and it did today. As you can see, Um I don't think it's done yet I think I think we're about to retest 24 again.

All right, especially if everything collapses with the NASDAQ so that's pretty much how you could have. You could have foreseen this move. um that happened today, right? It was very very obvious. Now one stock that I want to look at for it updates in the last video I shared with y'all L A C.

All right I I told y'all this one was about to make a massive move. To the downside because it looked exactly like Apple. All right. And this one.

it's not disappointing at all. Like this one. the structure is still clean, the downtrend is still there. it's following through, the volume at the bottom.

bottom is increasing right and it's following option number one. it's not doing option number two where it wastes everybody's time, right? So if you show it in this one, my thoughts and opinions on Lac still the same I think it's gonna drop to at least 17.50 I don't know how fast I Really really don't know. Maybe by the end of the year, maybe by next week when every when everything collapses again. right? Maybe by then we'll buy.

see Lac at 18 bucks. So yeah, that's that's the update for the stocking for us to anybody who made money on this one. Now the next one that I want to do an update on is McDonald's all right. and with McDonald's that.

Bear Flag is still there. All right if you compare this thing to what I just showed you with the NASDAQ it's the same thing. Like it's the same. Well, it's a similar structure.

The only thing that this one is missing is the three. The three. The triple tops right here before the collapse. right? So right now right now with The with with the NASDAQ the NASDAQ is looking like this.

it's looking like that if I put the NASDAQ on the four hour, you will see what I mean. It's right there because we have this uh, we had buyers step in in the afternoon right? So tomorrow if if there's a gap down like this then anybody who did blow out this thing hoping for a massive move like that with the NASDAQ, well be careful because you you might get the opposite thing and tomorrow could just be absolutely red on every single sector. All right. So that's that's my two cents on that one.

and what? Um, with McDonald's obviously if you're collapsed tomorrow, it's going to get in the green circle tomorrow. I Think All right I Think so let's let's just see let's just see if we get some some news at 7 30ish. we'll see now. the next one that we will do in updates on is well if you look at Apple All right I told you we took a day trade on it like 10 minutes after the market opened.

If we look at Apple apples look exactly like Loc and I haven't touched anything on there. All right I'm still bearish on the stock I think I think it can go a little bit lower I think again I don't know how fast I don't know how fast but it's not. But but it's clean for me to not be bullish on the stock, it's going to be to the downside. so that's that's for Apple The last stock for today's video that I need to look at for y'all is Disney All right and with Disney Disney is kind of dragging his feet.

but it's doing is that the price that I told you all on Tuesday it would be I told you that it could waste more time before forming this candle right here. It didn't open high right and it didn't have a massive bar down, but the price is pretty close to 86. and then tomorrow might be a good day for shorts. I Think that last candle right here which represents tomorrow would be would be quite accurate again I Think it's gonna drop to at least 83 tomorrow I Think it could even drop all the way down to 80 all in one day.

So overall, the structure is still clean I Have no change in opinion on on Disney All right. So that's pretty much my very honest thoughts on the overall. Market My thoughts on all of these stocks and that is the end of the video Again, do not forget to annihilate the like button for the YouTube algorithm as always, helps the channel a lot 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 Where you can get all of this information in real time as I see them, you can find it as the first link in the description of the video below. If you haven't had any social media yet, you can find me at Paul and Gula never. Analogy live on Instagram and on Twitter And lastly, if all of this is brand new to you, if you're interested in getting started in the stock market, there's a basic step-by-step directions in the description of the video below. Step One Step Three.

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