S&P 500 and NASDAQ Weekly Update

00:37:31
https://www.youtube.com/watch?v=ui4cG07Z1wI

Summary

TLDRIn this weekly update video, the presenter explores current trends in stock indices, Fang stocks, big chip stocks, and Bitcoin-related stocks, offering technical analysis on movements and potential trade setups for the upcoming week. The video also covers major cryptocurrencies, emphasizing Bitcoin, and provides specific stock analyses, including Nvidia, Amazon, Google, Apple, Microsoft, and Tesla. The presenter highlights key support and resistance levels, breaks down technical patterns like downtrend breaks, and discusses market sentiment amid impending economic events like the Federal Open Market Committee (FOMC) meeting. The outlook is predominantly bullish, anticipating trends to continue upward if specific price levels are breached.

Takeaways

  • 📈 The video provides a comprehensive update on stock market trends.
  • 🔍 Indices, FANG stocks, big chip stocks, and Bitcoin stocks are analyzed.
  • 🚀 A bullish sentiment pervades the analysis as the speaker predicts upward movements.
  • 💼 Detailed technical analysis with emphasis on support and resistance levels.
  • 🔥 Fresh downtrend breaks are highlighted as key setups.
  • 📉 Bitcoin and related stocks like MSTR and MARA are discussed.
  • 📊 Nvidia, Amazon, Google, Apple, Microsoft, and Tesla have been analyzed.
  • 💡 Several potential short-term trades ideas are provided.
  • 🚨 Market attention turns to the upcoming FOMC meeting.
  • 🗺️ The presenter offers insights into expected market directions.

Timeline

  • 00:00:00 - 00:05:00

    The video begins with a warm welcome to the audience, highlighting the topics for today: indices, FANG stocks, chip stocks, Bitcoin, and trade ideas. It's a weekly update focused on financial market analysis. The host encourages viewers to like the video and proceeds to technical analysis, starting with indices, focusing on specific resistance and support levels, and predicting possible scenarios for price movements.

  • 00:05:00 - 00:10:00

    Discussion continues as the presenter analyzes market dynamics and potential trends. Emphasis is on the need to watch key resistance levels, with a note on the market history of surpassing certain downtrends. The importance of anticipating movements past particular levels for further upside is stressed, indicating a bullish outlook on indices like CU and NQ, highlighting potential breakout patterns.

  • 00:10:00 - 00:15:00

    The video shifts focus to SPY and emphasizes past market behavior around all-time highs, suggesting a continuation higher. Points of caution are addressed as the VIX is analyzed for potential RSI divergences. The speaker suggests careful monitoring to anticipate market reactions, particularly around notable financial events like FOMC, with an overall optimistic projection for upcoming weeks.

  • 00:15:00 - 00:20:00

    The speaker delves into specific stocks, including semiconductors, highlighting breakout patterns and potential upward trends. NVDA, AVO, AMD, and TSM are among those analyzed for breakout and resistance scenarios. The tone is optimistic, with a focus on key technical indicators that suggest possible bullish moves, encouraging watching for pullbacks as entry opportunities.

  • 00:20:00 - 00:25:00

    Attention is given to prominently traded stocks like Amazon and Google, noting recent price actions and levels of interest for future trading. The analysis includes a review of trading stances on various tech stocks, with advice to consider booking profits as stocks reach significant highs, and suggestions for buying on pullbacks for continued bullish strategies.

  • 00:25:00 - 00:30:00

    Bitcoin and cryptocurrency stocks such as MSTR and MARA are discussed, with a focus on their breakout potential and recent positive volume trends. The overall sentiment remains bullish, with expectations of price increases and suggestions for strategic positions. Emphasis is on tracking these movements along with key support and resistance levels.

  • 00:30:00 - 00:37:31

    The conclusion covers notable setups for trading, revisiting tech companies like Google and PayPal, and reviewing previous recommendations. The presenter underscores the importance of technical breakouts, market conditions, and entry points, wrapping up with a reminder to check out additional follow-up resources for more detailed flow analysis, with an encouraging sign-off for engaging with their online content.

Show more

Mind Map

Video Q&A

  • What stocks are analyzed in the video?

    The video analyzes indices, Fang stocks, big chip stocks, Bitcoin stocks, as well as individual stocks like Nvidia, Amazon, Google, Apple, Microsoft, and Tesla.

  • What kind of setup is highlighted as a favorite by the presenter?

    The presenter favors fresh downtrend break setups.

  • What technical indicator was frequently mentioned across different analyses?

    The 9-day exponential moving average (9 EMA) was frequently mentioned.

  • What is the general sentiment towards the stock market for the upcoming week?

    The sentiment is generally bullish, expecting continued upward movements.

  • What major market event is mentioned affecting next week's analysis?

    The FOMC meeting is discussed as a significant event for the week.

  • Are there any specific cryptocurrencies mentioned?

    Yes, Bitcoin is specifically mentioned in the analysis.

  • What potential movement is predicted for Nvidia stock?

    Potential upward movement is predicted for Nvidia if it consolidates and continues trend breaks.

  • What is the main purpose of this video?

    The main purpose is to provide a weekly update on market trends and offer trade ideas for consideration.

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  • 00:00:00
    alrighty what is going on ladies and
  • 00:00:02
    gents welcome back to the channel for
  • 00:00:04
    another weekly update hope everybody's
  • 00:00:06
    having a lovely weekend and with that
  • 00:00:08
    being said let's dive into the TA all
  • 00:00:11
    right guys we're going to kick it off
  • 00:00:12
    here the indices then we're going to go
  • 00:00:14
    over the Fang stocks then the big chip
  • 00:00:16
    stocks Bitcoin stocks as well as Bitcoin
  • 00:00:19
    and then I have 10 to 20 trade ideas for
  • 00:00:22
    us and that will be at the end of the
  • 00:00:24
    video for us to pay attention into next
  • 00:00:26
    week and then after that we will go over
  • 00:00:29
    the notable flow that came in on Friday
  • 00:00:31
    going into the following week and then
  • 00:00:33
    we will review the charts that go along
  • 00:00:35
    with that flow that will be a new
  • 00:00:37
    addition to the Channel please remember
  • 00:00:39
    guys if you do enjoy this content please
  • 00:00:42
    remember to like the video I would
  • 00:00:44
    appreciate it and uh that being said
  • 00:00:47
    let's Dive Right into this ta all right
  • 00:00:49
    guys kicking off here on cu's weekly
  • 00:00:51
    time frame I am going to point out you
  • 00:00:53
    have this downtrend you're coming in
  • 00:00:55
    contact with right here right there all
  • 00:00:58
    right we don't have much to watch here
  • 00:01:00
    other than can you get above
  • 00:01:03
    47750 if you can get above 47750 you're
  • 00:01:06
    very likely just going to make your way
  • 00:01:08
    up here to this high now if anybody
  • 00:01:13
    remembers this is pretty much exactly
  • 00:01:16
    where our 786 FIB was from this whole
  • 00:01:19
    decline if you take out 47750 if price
  • 00:01:23
    gets above there gets Above This 7865
  • 00:01:25
    that tells us we're likely coming up
  • 00:01:27
    here to 4 8554 if we come and revisit
  • 00:01:31
    that that spot that big spot right here
  • 00:01:33
    you're very likely going to break out
  • 00:01:36
    all right or you know you got two
  • 00:01:38
    scenarios here if you can get above
  • 00:01:41
    47750 you come up here you pull back and
  • 00:01:44
    then you go up the other scenario is you
  • 00:01:47
    just go straight up and maybe we do what
  • 00:01:49
    Spy did where you get real close to
  • 00:01:50
    ultim highs and then you pull back and
  • 00:01:52
    then you you know go up there all right
  • 00:01:54
    so those are really the two scenarios
  • 00:01:56
    I'm seeing over here on CU from this
  • 00:01:58
    point on as long as you can get above 4
  • 00:02:01
    7750 all right uh I will just point out
  • 00:02:04
    here on the weekly time frame you could
  • 00:02:06
    see this downtrend right well cuu has a
  • 00:02:10
    history of not really wanting to stop at
  • 00:02:12
    these downtrends maybe we'll pause right
  • 00:02:14
    here pull back for a day or two and then
  • 00:02:17
    continue higher just like we did over
  • 00:02:18
    here or you know or we just keep going
  • 00:02:22
    and we hit it with you know maybe some
  • 00:02:24
    sort of a break and
  • 00:02:25
    retest off
  • 00:02:27
    of put on the magnet there off of here
  • 00:02:31
    okay and that would be you know pretty
  • 00:02:33
    much just like what you did over here
  • 00:02:36
    boom boom boom that would
  • 00:02:38
    be you know honestly in this scenario it
  • 00:02:42
    would just be
  • 00:02:43
    this and then we're going to go along
  • 00:02:45
    the way so I mean that's already one of
  • 00:02:47
    the scenarios I just want to point out
  • 00:02:48
    that cuu does have a history of you know
  • 00:02:50
    getting these downtrends and then you
  • 00:02:52
    just bust out of them you can see very
  • 00:02:54
    clearly here on the weekly time frame
  • 00:02:57
    you know we had broken this one leg up
  • 00:02:59
    broken that one leg up broke that one
  • 00:03:01
    leg up you could see the same exact
  • 00:03:03
    thing over on NQ and you know NQ and QQ
  • 00:03:06
    they go hand in hand guys they're both
  • 00:03:07
    just covering the NASDAQ very clearly
  • 00:03:10
    see all right we had some some sort of
  • 00:03:12
    pennant going on over here all right you
  • 00:03:13
    could clearly see it on the weekly time
  • 00:03:15
    frame how you broke out to new High over
  • 00:03:17
    here pull back but you know in reality
  • 00:03:20
    guys this is a fresh breakout and this
  • 00:03:22
    was just your you know massive
  • 00:03:24
    consolidation here you know quite a bit
  • 00:03:27
    of consolidation there probably before
  • 00:03:29
    we have another the leg up so you know
  • 00:03:32
    you've been danc around that Weekly 9
  • 00:03:34
    EMA right there notice how you got you
  • 00:03:36
    were doing that you finally broke out
  • 00:03:38
    and you came back you tested it here
  • 00:03:39
    found buyers tested here found buyers
  • 00:03:41
    here found buyers we're probably about
  • 00:03:43
    to get back into a trending market and
  • 00:03:44
    you know I've been seeing it on Twitter
  • 00:03:46
    this is being called the most hated
  • 00:03:48
    rally it's here I agree all right
  • 00:03:51
    there's probably a lot of people we have
  • 00:03:53
    you know next week is big week we have
  • 00:03:55
    f1c guys and I'm just going to say right
  • 00:03:57
    I think big money is you know loading up
  • 00:03:59
    puts for that you know for next week
  • 00:04:02
    it's not for next week I'm seeing a lot
  • 00:04:04
    of puts com in for 11:15 though and then
  • 00:04:06
    next year and uh you know I'm just going
  • 00:04:09
    to say guys we're finally going to get a
  • 00:04:11
    pivot we're finally going to get a rate
  • 00:04:12
    cut next week um it's kind of not
  • 00:04:15
    guaranteed but it's pretty much
  • 00:04:16
    guaranteed we're getting a ray cut so
  • 00:04:18
    we're about to see how the market is
  • 00:04:19
    going to react to this all right we come
  • 00:04:21
    over here to iwm and you know iwm looks
  • 00:04:23
    like a monster in the making right now I
  • 00:04:26
    could see this week everything explodes
  • 00:04:27
    some more all right just going off these
  • 00:04:29
    charts I know rate Cuts we got to wait
  • 00:04:31
    and see what you know the market
  • 00:04:33
    reaction to that is but in reality these
  • 00:04:35
    charts are definitely set up to rip we
  • 00:04:36
    have a lot of you know bullish setups to
  • 00:04:38
    pay attention to here all right so as
  • 00:04:42
    far as QQ goes guys watch for sellers up
  • 00:04:45
    to 47750 if you can get above
  • 00:04:48
    47750 you probably are coming straight
  • 00:04:50
    up here to 485 54 now on the downside is
  • 00:04:54
    support I'm going to just Mark out that
  • 00:04:56
    high right over there we're going to
  • 00:04:58
    have this high right over here okay and
  • 00:05:01
    then what are we also going to
  • 00:05:04
    have go just like that really clear for
  • 00:05:07
    us all right so resistance you're
  • 00:05:09
    literally just going to be watching
  • 00:05:11
    47750 if you really want to be safe
  • 00:05:13
    about it if you get above 477 93 expect
  • 00:05:16
    things to probably just come straight up
  • 00:05:18
    here as support on the downside we have
  • 00:05:21
    47404 47225 46937 then 46536 if things
  • 00:05:26
    get real hairy I don't think they'll get
  • 00:05:28
    real hairy I think you don't if we pull
  • 00:05:30
    back here we probably consolidate right
  • 00:05:31
    here and then have that next leg up but
  • 00:05:33
    considering NQ has already broken out
  • 00:05:35
    here you know guys I think this solid
  • 00:05:38
    shot you just keep going all right this
  • 00:05:40
    this week was no joke you had the worst
  • 00:05:42
    week all right and then you had the best
  • 00:05:45
    week worst week in 2024 then you had the
  • 00:05:47
    best week in
  • 00:05:48
    2024 um you know Bears keep having these
  • 00:05:51
    chances to really sell and I keep saying
  • 00:05:54
    you're just they're not stepping up to
  • 00:05:56
    the plate they're not telling us they
  • 00:05:58
    want to really you know tank things they
  • 00:06:00
    don't want to see it happen I don't know
  • 00:06:02
    why but you know every time we get that
  • 00:06:04
    opportunity for a larger sell you don't
  • 00:06:07
    get it okay this thing we bullish on
  • 00:06:11
    this dip here all right want to talk
  • 00:06:13
    about it do that you even have golden
  • 00:06:16
    pocket Inception going on over here on
  • 00:06:19
    nq's weekly chart did you now what was I
  • 00:06:23
    saying it on there is a ticker where you
  • 00:06:24
    just had golden pocket Inception going
  • 00:06:26
    on all right regardless guys you're
  • 00:06:29
    literally now sitting here you are very
  • 00:06:32
    likely going to you're very likely going
  • 00:06:35
    to be breaking out here above this 7865
  • 00:06:37
    you've already broken on this downtrend
  • 00:06:39
    all right so you know if you're watching
  • 00:06:42
    NQ all
  • 00:06:45
    right above 1969
  • 00:06:49
    425 you're
  • 00:06:51
    probably move quickly up there to 1984
  • 00:06:54
    625 and then up here you're going to
  • 00:06:56
    probably make your way up to that high
  • 00:06:57
    at right around 20,000 all right that is
  • 00:07:00
    a big boy move for you to play and you
  • 00:07:02
    know I'm not saying this happens all one
  • 00:07:04
    day but things don't look bad at all
  • 00:07:06
    going into next week so there definitely
  • 00:07:07
    something we have to keep in the back of
  • 00:07:09
    our mind things look great okay now
  • 00:07:12
    moving on over here to spy you're right
  • 00:07:14
    under alltime highs again I know you got
  • 00:07:16
    within you know $2 of all-time highs
  • 00:07:19
    over here I understand okay within a
  • 00:07:22
    freaking dollar and then you die but we
  • 00:07:24
    were bullish on the pullback why because
  • 00:07:26
    this markets don't typically come back
  • 00:07:29
    up to highs and then double top and then
  • 00:07:30
    fall down what's more likely is either
  • 00:07:33
    you're going to break out of that what
  • 00:07:34
    people are calling double top or you get
  • 00:07:36
    the pullback you know the spring gets
  • 00:07:38
    loaded and then you see what we're
  • 00:07:39
    seeing right now the fact that price got
  • 00:07:41
    all the way up here fact that it got
  • 00:07:43
    over the 786 FIB tells us all right it's
  • 00:07:48
    probably taking out this High it didn't
  • 00:07:51
    take out the high which told us to be
  • 00:07:52
    bullish on this dip now how does it look
  • 00:07:54
    on the weekly chart you ask freaking
  • 00:07:56
    phenomenal all right again Bears had
  • 00:07:58
    their chance with a big nasty red
  • 00:08:01
    Candlestick last week and you literally
  • 00:08:03
    closed above the high of last week the
  • 00:08:06
    thing wants to rip faces okay get ready
  • 00:08:08
    for it to continue ripping faces you got
  • 00:08:10
    increasing volume on the week what are
  • 00:08:12
    the levels we're going to be paying
  • 00:08:13
    attention to you ask all right on the
  • 00:08:15
    upside is resistance uh 56303 5642
  • 00:08:21
    56516 support is going to be
  • 00:08:23
    5681 55936 and underneath there we're
  • 00:08:27
    watching this 55487 to 5 5732 Zone it
  • 00:08:31
    was supposed to be Supply here as you
  • 00:08:33
    see you know Bulls kind of ran right
  • 00:08:35
    through it all right you had sell steep
  • 00:08:37
    in over here they're trying to hold the
  • 00:08:38
    line for a little bit but then you
  • 00:08:40
    flipped it expect it to be demand if
  • 00:08:42
    tested all right that's your you know
  • 00:08:43
    free trade idea of the week we have a
  • 00:08:46
    ton of them at the end of the video but
  • 00:08:48
    over here on the indices all right it
  • 00:08:50
    looks
  • 00:08:51
    phenomenal and again NQ already did that
  • 00:08:54
    it's looking phenomenal how's the yes
  • 00:08:56
    looking you ask it also looks phenomenal
  • 00:09:00
    all right now moving on over here to iwm
  • 00:09:02
    we have this downtrend you're in the
  • 00:09:04
    point you're in the golden pocket we're
  • 00:09:05
    watching the 786 F which is going to be
  • 00:09:07
    2850 you get above
  • 00:09:09
    21850 all right and again heavy volume
  • 00:09:13
    here on this move it's probably going to
  • 00:09:15
    get another Gap up I think we're lit
  • 00:09:16
    seeing this all right and then you have
  • 00:09:18
    fomc this week guys if markets really do
  • 00:09:20
    react positively over here iwm is going
  • 00:09:22
    to it's going to rip freaking face to
  • 00:09:24
    get all the way up here to 230 all right
  • 00:09:26
    I can see it here on the weekly chart
  • 00:09:28
    this thing wants to rip freaking faces
  • 00:09:30
    it's consolidating after it broke out
  • 00:09:33
    above here we've seen this on so many
  • 00:09:35
    tickers before guys it's getting ready
  • 00:09:37
    speaking of you know doing this what do
  • 00:09:39
    you got over here a big all-time high
  • 00:09:41
    breaking retest things that people want
  • 00:09:43
    to say all right this thing doesn't look
  • 00:09:45
    good the thing looks freaking phenomenal
  • 00:09:46
    I don't care about the news it looks
  • 00:09:48
    phenomenal all right but we'll talk
  • 00:09:50
    about that in a little bit back to iwm
  • 00:09:53
    the support you're going to be paying
  • 00:09:54
    attention to is going to be
  • 00:09:55
    21627
  • 00:09:57
    21479 212 2 5 21093 and
  • 00:10:01
    20977 I don't think we're going to even
  • 00:10:03
    get back down into here but if it does
  • 00:10:05
    expect buyers there as resistance you're
  • 00:10:08
    watching 21850 above 21850 guys you're
  • 00:10:11
    breaking out of this downtrend you're
  • 00:10:12
    coming to 2277 you're coming to the high
  • 00:10:14
    up here at
  • 00:10:15
    22245 and then you are very likely
  • 00:10:17
    coming straight up here to
  • 00:10:19
    22664 and again 230 we are probably
  • 00:10:22
    without this weekly chart is coiling up
  • 00:10:24
    here got that little fresh downtrend
  • 00:10:26
    here it's getting ready probably to come
  • 00:10:29
    up here here to 230 230 plus all right
  • 00:10:32
    now how's how's Mr vix asking uh how how
  • 00:10:35
    how is it looking how's it looking you
  • 00:10:36
    ask it's looking terrible all right it's
  • 00:10:39
    not looking like it is about to bounce
  • 00:10:41
    back what I will point out is the hourly
  • 00:10:43
    RSI is oversold now and the 15-minute
  • 00:10:45
    RSI has that 15-minute bullish
  • 00:10:47
    Divergence so you know if you come back
  • 00:10:49
    down chances are this bullish Divergence
  • 00:10:50
    probably going to hold you come back
  • 00:10:52
    down into here that's going to be there
  • 00:10:54
    it's like you know if you have this with
  • 00:10:57
    a 15minute bullish Divergence and then
  • 00:10:59
    you have QQ with the 15-minute bearish
  • 00:11:01
    Divergence like a massive bearish
  • 00:11:03
    Divergence uh you should be cautious all
  • 00:11:05
    right that's why I say guys we're right
  • 00:11:07
    here in the golden pocket just wait to
  • 00:11:08
    see if price can get up
  • 00:11:10
    47750 because if it does all right this
  • 00:11:14
    RSI is probably going to come up and
  • 00:11:15
    take out this high and then boom bearish
  • 00:11:17
    Divergence burned then you have a larger
  • 00:11:19
    Rip but you know for the time being
  • 00:11:21
    15-minute bullish Divergence over here
  • 00:11:23
    on vix just to show you you have it
  • 00:11:26
    right there QQ you got a quadruple bear
  • 00:11:29
    Five Points of Divergence whatever you
  • 00:11:31
    want to call this thing it's there all
  • 00:11:33
    right it's on the 15-minute time frame
  • 00:11:34
    hourly RSI all right also getting
  • 00:11:37
    overbought there spy you also have that
  • 00:11:40
    same exact 15minute bearish Divergence
  • 00:11:43
    right there I don't know if you're going
  • 00:11:45
    to go back up and then form another one
  • 00:11:47
    I have no idea but if these things get
  • 00:11:48
    burned just know that is likely right
  • 00:11:50
    before you see a larger move up and then
  • 00:11:53
    we see another one for um but for the
  • 00:11:55
    time being you know expect you know
  • 00:11:57
    sellers to start stepping in maybe we
  • 00:11:59
    get a pull back early on in the week and
  • 00:12:01
    then we you know rally back up that's
  • 00:12:04
    kind of what I was pointing out over
  • 00:12:05
    here maybe you pull back a little bit
  • 00:12:07
    and then break out I don't know guys all
  • 00:12:09
    right but you know the fact that vix is
  • 00:12:11
    down here hourly RSI is down here
  • 00:12:13
    15minute RSI is you know uh bullish
  • 00:12:16
    Divergence as spying cuu at bearish
  • 00:12:18
    Divergence it's definitely room for
  • 00:12:20
    caution all right I don't think people
  • 00:12:22
    should be blindly longing congrats if
  • 00:12:24
    you uh you know were buying this dip
  • 00:12:27
    congrats but you know you you take
  • 00:12:30
    profits into highs okay a lot of targets
  • 00:12:32
    are going to be set at highs you're
  • 00:12:34
    probably going to get you know sellers
  • 00:12:36
    stepping in highs or you're going to
  • 00:12:37
    break above and then retest it and then
  • 00:12:39
    you have you know you could take profit
  • 00:12:41
    into the highs even if it goes up here
  • 00:12:43
    probably is going to pull back and then
  • 00:12:45
    boom you can you could buy that just you
  • 00:12:47
    know I just say there's no reason to
  • 00:12:49
    have that fomo right now because you
  • 00:12:51
    should have had the fomo to buy when you
  • 00:12:54
    saw the opportunity I was you know
  • 00:12:55
    screaming about the opportunity and you
  • 00:12:57
    know I I get roasted online that that
  • 00:12:59
    sucks okay but at the end of the day I
  • 00:13:02
    put it out there on the line and it was
  • 00:13:04
    a great call all right I will not deny
  • 00:13:08
    it was a great call on Google it was a
  • 00:13:09
    great call on Amazon great call on on
  • 00:13:11
    pretty much every single thing we're
  • 00:13:13
    going to take a look at here we made the
  • 00:13:15
    bullish call down here we made the
  • 00:13:17
    bullish call right over here when things
  • 00:13:19
    weren't looking too bad okay and you
  • 00:13:22
    know people want to think I'm a perable
  • 00:13:24
    guys I'mma call it like I see it all
  • 00:13:27
    right when spy
  • 00:13:29
    broke under this daily 9 EMA right here
  • 00:13:33
    we were looking for further downside it
  • 00:13:35
    was very likely that until this thing
  • 00:13:39
    could reclaim it we're just going to be
  • 00:13:40
    in consolidation or you're going to keep
  • 00:13:42
    pulling back so we said until you get
  • 00:13:44
    above it okay expect that but we got
  • 00:13:47
    above it and on a bunch of different
  • 00:13:49
    tickers that we cover you just dance
  • 00:13:50
    around it for a few days right here you
  • 00:13:52
    got right back above it and what were we
  • 00:13:54
    saying well if you can reclaim you're
  • 00:13:55
    probably going alltime HIDs we went
  • 00:13:57
    straight to alltime HIDs same thing over
  • 00:13:59
    here on CU you got reason to be cautious
  • 00:14:01
    after you get underneath it okay and it
  • 00:14:02
    was actually right over here you got
  • 00:14:04
    underneath on Q but you know reality you
  • 00:14:06
    looking for more downside or
  • 00:14:08
    consolidation until you can reclaim it
  • 00:14:10
    that's when you really are going to see
  • 00:14:11
    your rallies you get back underneath it
  • 00:14:13
    all right maybe dance around for a
  • 00:14:15
    little bit but that's like kind of my
  • 00:14:17
    short-term signal that yes it's on rally
  • 00:14:20
    Rito it's on and you know it's on guys
  • 00:14:23
    we're going to be in rally mode for a
  • 00:14:25
    little bit and that's how it is all
  • 00:14:27
    right moving over here to the
  • 00:14:29
    semiconductors SMH coming right into the
  • 00:14:31
    golden pocket 23914
  • 00:14:33
    24587 25085 those are the levels that
  • 00:14:36
    you're paying attention to if you come
  • 00:14:37
    up here expect sellers step in over here
  • 00:14:39
    but honestly this thing uh you know i'
  • 00:14:41
    already broke out that downtrend went
  • 00:14:43
    for a little ride you have another one
  • 00:14:45
    right here so if you can break out of
  • 00:14:46
    this downtrend you're probably going to
  • 00:14:49
    either do
  • 00:14:51
    this all right or you're just going to
  • 00:14:55
    do this all right that's SMH for you
  • 00:14:57
    support is going to be 230 5 the video
  • 00:15:00
    how we looking guys you came up here to
  • 00:15:01
    the golden pocket you're finding sellers
  • 00:15:03
    at the golden pocket right there at the
  • 00:15:05
    618 fib you're support now over here on
  • 00:15:08
    Nidia guys you have 1804 if you lose
  • 00:15:10
    that you're going to be watching that
  • 00:15:12
    low of Thursday's candle at
  • 00:15:14
    11538 underneath there all right you can
  • 00:15:16
    see it I believe on the hourly time
  • 00:15:18
    frame right there 11192 but you know
  • 00:15:21
    this thing's kind of flagging over here
  • 00:15:23
    and I'm going to show the video you get
  • 00:15:24
    some uh really bullish flow going on
  • 00:15:26
    there so that is something to take note
  • 00:15:28
    of a go what are we watching over here
  • 00:15:30
    guys avgo broke above the 786 FIB on
  • 00:15:35
    that day so we were saying this thing's
  • 00:15:37
    probably going to start running it up
  • 00:15:38
    you're probably coming up here and if
  • 00:15:40
    you come up here you're probably coming
  • 00:15:41
    up here it's setting up to just keep
  • 00:15:43
    going all right weekly chart looks
  • 00:15:45
    absolutely freaking phenomenal all right
  • 00:15:47
    it looks amazing you've been in all this
  • 00:15:49
    consolidation notice how most of this
  • 00:15:51
    price action taking place above where
  • 00:15:53
    the last point of consolidation took
  • 00:15:55
    place this thing wants to rip freaking
  • 00:15:57
    faces just extend that there you could
  • 00:15:59
    see the increased volume there massive
  • 00:16:01
    green Candlestick the thing very likely
  • 00:16:04
    is going to break out of this downtrend
  • 00:16:05
    you're either going to consolidate right
  • 00:16:07
    underneath it here and then break it or
  • 00:16:08
    you are going to break it and then
  • 00:16:09
    consolidate above it and go or you just
  • 00:16:11
    go straight up you got three paths for
  • 00:16:13
    this guy you go there you go here all
  • 00:16:16
    right or you're going to go
  • 00:16:18
    here there you go on Avo AMD fresh down
  • 00:16:23
    turn break again just like SMH you broke
  • 00:16:25
    that Dr Trend you went for a ride well
  • 00:16:27
    now we have a fresh one with a one one a
  • 00:16:29
    two a three a four touch points you just
  • 00:16:31
    broke and retested it it's very likely
  • 00:16:34
    going higher if you see sellers over
  • 00:16:36
    here in this 15364 to 1575 Supply Zone
  • 00:16:40
    expect sellers step in there all right
  • 00:16:42
    and if you see that that's where the
  • 00:16:44
    opportunity lies you could be pulling
  • 00:16:46
    back and you know then you could get a
  • 00:16:48
    nice long entry on that pullback all
  • 00:16:51
    right where are you going to be paying
  • 00:16:52
    attention to these levels that I'm
  • 00:16:54
    marking out right here okay this is
  • 00:16:56
    where you want to be buying it if it
  • 00:16:58
    pulls back here all of these are going
  • 00:17:00
    to be right around where that trend line
  • 00:17:01
    is you probably get buyers stepping on
  • 00:17:04
    around there and you probably are taking
  • 00:17:05
    a ride up here up into this golden
  • 00:17:08
    pocket probably going to take out that
  • 00:17:10
    high smci all right again with the
  • 00:17:14
    downtrends guys you got them everywhere
  • 00:17:16
    right now you're pushing up to them
  • 00:17:18
    we're going to have to see how this goes
  • 00:17:20
    I could see something right here you a
  • 00:17:22
    little Fallen wedge action right there
  • 00:17:25
    um you know in reality guys this thing's
  • 00:17:27
    been hated and it can definitely go for
  • 00:17:30
    a ride I'm just going to say I think
  • 00:17:31
    it's right around the corner it's either
  • 00:17:32
    going to happen on this downtrend break
  • 00:17:34
    here or it's going to happen from you
  • 00:17:36
    coming down here because they didn't
  • 00:17:38
    post their 10K or something I was seeing
  • 00:17:40
    on Friday and now it's going to die
  • 00:17:42
    again just like it did over here so I
  • 00:17:44
    don't know if it's going to do that but
  • 00:17:46
    if it does we're looking over here as
  • 00:17:47
    your buy Zone okay TSM okay dips are
  • 00:17:52
    buying opportunities you just broke out
  • 00:17:53
    that downtrend if you pull it back into
  • 00:17:56
    16767 that is where I like this thing
  • 00:17:59
    and uh yeah at the end of the day you're
  • 00:18:01
    in the golden pocket so this is where we
  • 00:18:03
    expect some sellers or consolidation you
  • 00:18:05
    already saw them over here you saw them
  • 00:18:06
    right here you're seeing them again
  • 00:18:07
    right here this thing is setting up with
  • 00:18:09
    an inverse Head and Shoulders if you
  • 00:18:10
    were to pull back and go like that
  • 00:18:12
    you're going to now have
  • 00:18:16
    this all right take the stupid magnet
  • 00:18:19
    off shoulder head
  • 00:18:21
    shoulder all right that's what I'm
  • 00:18:23
    watching over on TSM mu guys is one that
  • 00:18:26
    we got to be paying attention to I
  • 00:18:27
    pointed out when we got the hammer
  • 00:18:29
    Candlestick going into Friday on Friday
  • 00:18:31
    guys you had that continuation
  • 00:18:33
    Candlestick confirming that this is very
  • 00:18:36
    likely a shortterm low over here you're
  • 00:18:38
    probably getting ready for a run here
  • 00:18:40
    all right you just broke out of that
  • 00:18:42
    downtrend you hit it with the break and
  • 00:18:43
    retest broke out retest now you're going
  • 00:18:47
    you're above the daily nine all right we
  • 00:18:49
    want to see another candle print above
  • 00:18:50
    that daily nine and I'm going to say
  • 00:18:52
    this thing's probably going to go for a
  • 00:18:53
    little you know decent move here like it
  • 00:18:55
    did over there $15 move from the lows
  • 00:18:58
    you have at a $25 move well that would
  • 00:19:01
    bring us all the way back up here so you
  • 00:19:03
    know I do think there's a solid shot
  • 00:19:05
    that this thing starts recovering and I
  • 00:19:07
    think it's time to love mu again all
  • 00:19:09
    right that's just my opinion on the
  • 00:19:10
    weekly chart just printting a hammer
  • 00:19:12
    Candlestick off of increasing volume
  • 00:19:14
    right there you could see it and it
  • 00:19:16
    happens to be right around the top of
  • 00:19:17
    this previous consolidation I like it
  • 00:19:20
    all right arm I told you the game plan
  • 00:19:22
    over here all right if it gets Above
  • 00:19:25
    This level right here at 145 you look
  • 00:19:27
    for the pullback this is going to be
  • 00:19:28
    opportunity 13541 is the level I have
  • 00:19:31
    marked out as the high of that um but in
  • 00:19:33
    reality you know you could literally
  • 00:19:35
    pull right here that's going to be the
  • 00:19:37
    top of that you know it would be the
  • 00:19:38
    break and retest right over there at
  • 00:19:40
    13805 so we'll call 13541 to 13805
  • 00:19:44
    that's who watching and support here if
  • 00:19:45
    you pull back in that's your breaking
  • 00:19:47
    retest setup I really like that thing
  • 00:19:49
    it's probably going to be a winning
  • 00:19:50
    setup or you continue just going here
  • 00:19:53
    because you had massive volume last week
  • 00:19:55
    and uh yeah you could you could head up
  • 00:19:58
    there all right these things look
  • 00:20:00
    explosive they look like they could run
  • 00:20:02
    ukom also you know it's a piece of poop
  • 00:20:04
    because uh you broke down I was really
  • 00:20:06
    excited for this one then you broke down
  • 00:20:08
    okay all right luckily I I didn't try
  • 00:20:11
    and front run the range break there um
  • 00:20:14
    but yeah you pulled back to the golden
  • 00:20:15
    pocket you're coming up here expect sell
  • 00:20:16
    is at 16874 if you get above 17227
  • 00:20:20
    you're probably coming up to the high
  • 00:20:21
    over here at
  • 00:20:22
    17636 all right and uh that's that's all
  • 00:20:25
    I'm going to say on this one I I don't
  • 00:20:27
    suggest touch in it but I am definitely
  • 00:20:30
    going to say downtrend break baby
  • 00:20:33
    incoming maybe he get consolidation here
  • 00:20:35
    in the golden pocket get a pullback
  • 00:20:37
    that's your breaking retest buying
  • 00:20:38
    opportunity I don't know it look looks
  • 00:20:40
    really good to me though let's go over
  • 00:20:42
    these big boys guys Amazon you hit our
  • 00:20:44
    188 65 level right there on the weekly
  • 00:20:46
    chart you had this big nasty green
  • 00:20:49
    wide-bodied bar all right increasing
  • 00:20:51
    volume it's probably going to continue
  • 00:20:53
    higher all right if it pulls back it's
  • 00:20:55
    your buying opportunity if it pulls back
  • 00:20:57
    right into here 18230 9 that's your
  • 00:20:59
    breaking retest setup that's where I'm
  • 00:21:01
    going to become interested again but
  • 00:21:03
    again like I mentioned in the last video
  • 00:21:05
    guys if you rode this one up with me it
  • 00:21:07
    is time to take them freaking profits
  • 00:21:08
    all right I will not give Financial
  • 00:21:10
    advice because I'm not a financial
  • 00:21:12
    advisor but I am telling you right now I
  • 00:21:14
    know if you're entering here if you're
  • 00:21:15
    entering down here you're up big and
  • 00:21:17
    there is no reason to not take profits
  • 00:21:19
    on it and uh this thing very well could
  • 00:21:22
    pull back here and you know you're going
  • 00:21:24
    to just get another opportunity all
  • 00:21:26
    right we're going to come over here to
  • 00:21:27
    GOOG du topw watch going on right now I
  • 00:21:31
    don't know if it's going to pull back
  • 00:21:32
    here we got a big put order right here
  • 00:21:34
    that stood out um but I'm just going to
  • 00:21:36
    say if it pulls back in the short term
  • 00:21:37
    it's pulling back to this 90 ma right
  • 00:21:39
    over here around 15660 that's going to
  • 00:21:41
    be your buying opportunity all right um
  • 00:21:44
    and I think it's probably about to break
  • 00:21:46
    out this downtrend then we get a larger
  • 00:21:47
    move so definitely going to be watching
  • 00:21:49
    goog Apple over here guys you got above
  • 00:21:52
    your daily 9 EMA and now you're dancing
  • 00:21:54
    around it's the same exact thing we
  • 00:21:56
    cover when you get underneath these
  • 00:21:58
    things to either you know go above it
  • 00:22:00
    and then pull back to it or just dance
  • 00:22:02
    around it right now you're doing exactly
  • 00:22:04
    that okay above 22390 you're looking for
  • 00:22:07
    22748 and then
  • 00:22:09
    23292 on the downside of support you
  • 00:22:12
    know a level that really is sticking out
  • 00:22:14
    right here
  • 00:22:15
    21977 21748 and then you come back to
  • 00:22:18
    21350 but you know this thing looks like
  • 00:22:20
    it's probably going to be recovering
  • 00:22:21
    here weekly chart don't look too
  • 00:22:23
    terrible but it's not the best but you
  • 00:22:25
    know I'm also going to say this thing
  • 00:22:26
    kind of looks like a monster I really
  • 00:22:28
    like the you know macro look of this
  • 00:22:30
    thing it looks beautiful so you know
  • 00:22:32
    very likely continuing
  • 00:22:34
    higher meta all right expect sellers in
  • 00:22:37
    this Zone guys 53149 down to 523 86
  • 00:22:40
    expect sellers that is that I'm not
  • 00:22:42
    going to say anything more than that
  • 00:22:43
    nothing has changed over here on meta
  • 00:22:44
    for quite some time it pulls back into
  • 00:22:45
    the nine over here 51495 buy it no
  • 00:22:48
    Financial advice but you're probably
  • 00:22:50
    going to see buer stepping over there
  • 00:22:51
    Microsoft guys you're in your supply
  • 00:22:53
    Zone above 43082 you're coming up here
  • 00:22:55
    to 436 we'll just call it 437 all right
  • 00:22:59
    445 is the clear's day
  • 00:23:02
    44566 clear's day resistance right there
  • 00:23:04
    that's what I'm watching on the downside
  • 00:23:06
    of support you have 425 86 4988 and 413
  • 00:23:10
    Tesla guys all right you got this
  • 00:23:11
    uptrend you watch for either a breakdown
  • 00:23:13
    of that uptrend or you watch for this
  • 00:23:15
    level right here 23309 to break if you
  • 00:23:18
    get a daily close above there this is
  • 00:23:20
    probably about to get a larger move up
  • 00:23:22
    maybe even comeing back up these highs
  • 00:23:24
    maybe it doesn't even care about this
  • 00:23:25
    golden pocket you already had sellers
  • 00:23:27
    stepping in once here right and now you
  • 00:23:29
    faded that that sets you up for you know
  • 00:23:32
    a very powerful move that can take place
  • 00:23:34
    here and I think there's there's a
  • 00:23:36
    probability that it is going to be
  • 00:23:37
    taking place all right so Tesla I'm
  • 00:23:39
    going to be watching it um that's that's
  • 00:23:42
    that's that guys you see it either break
  • 00:23:44
    down here and then we're going to be
  • 00:23:46
    watching down here all right either it's
  • 00:23:48
    going to break this uptrend we're
  • 00:23:50
    watching for move down to 210 and then
  • 00:23:52
    and move down to 20259 or it's going to
  • 00:23:54
    break up we watch for move up to 24563
  • 00:23:57
    and then 250 and then above 250 we're
  • 00:24:00
    watching 265 above 252 to be exact then
  • 00:24:03
    we're watching
  • 00:24:04
    265 all right Bitcoin guys weekly chart
  • 00:24:07
    not looking bad at all all right
  • 00:24:09
    increasing volume on this recovery there
  • 00:24:12
    broke out that downtrend hit it with the
  • 00:24:14
    breaking retest like some of these other
  • 00:24:15
    tickers we just covered all right and uh
  • 00:24:18
    you know above that daily nine this
  • 00:24:19
    thing's looking juicy guys support is
  • 00:24:21
    five
  • 00:24:22
    59313 underneath there to watch for uh
  • 00:24:26
    58070
  • 00:24:29
    and then if you can take out yesterday's
  • 00:24:31
    high at 6,67 you're coming up to 6189
  • 00:24:35
    and then 63 794 we're going to be
  • 00:24:38
    expecting sellers to step in here in the
  • 00:24:40
    golden pocket which is exactly where
  • 00:24:42
    they're stepping in look at that guys
  • 00:24:44
    all right coin I keep in mind Bitcoin
  • 00:24:47
    weekly chart looking good uh coin still
  • 00:24:50
    in this over here this falling wedge
  • 00:24:52
    pattern right there so watch for a
  • 00:24:54
    breakout there uh but what I really want
  • 00:24:56
    to you know put your
  • 00:24:58
    attention on your focus here is going to
  • 00:25:01
    be MST and Mara all right mstr Mara and
  • 00:25:05
    clsk these are looking pretty juicy you
  • 00:25:07
    just got a fresh breakout here weekly
  • 00:25:09
    charts looking phenomenal all right you
  • 00:25:11
    got this consolidation it likes to keep
  • 00:25:13
    coming up to tag the bottom of the range
  • 00:25:14
    and the top of the range it very well
  • 00:25:16
    could come up and tag the top of the
  • 00:25:17
    range next um you know this thing can
  • 00:25:20
    get pretty explosive here after a big
  • 00:25:23
    move up expect consolidation and then
  • 00:25:24
    another move up just like we got over
  • 00:25:26
    here okay so very very well can happen
  • 00:25:29
    uh but this thing likes its downtrend
  • 00:25:31
    breaks and I think it's about to go for
  • 00:25:33
    a ride maybe it consolidates a little
  • 00:25:35
    after breaking these things but at the
  • 00:25:37
    end of the day this thing really does
  • 00:25:39
    want to go for a ride here with all
  • 00:25:42
    likelihood all right go for a ride go
  • 00:25:44
    for a ride go for a ride all right have
  • 00:25:47
    that little downtrend right there go for
  • 00:25:49
    a ride a little downtrend go for a ride
  • 00:25:52
    down Trend go for a ride it's probably
  • 00:25:54
    about to come up here to 150 to 160 boom
  • 00:25:58
    all right put it on your radar Mara guys
  • 00:26:00
    you got Above This daily nine you also
  • 00:26:03
    got your fresh breakout with increasing
  • 00:26:04
    volume I don't necessarily like Friday's
  • 00:26:06
    Candlestick but I do like how you fully
  • 00:26:09
    recovered here and then broke out all
  • 00:26:11
    right you you've literally swept the low
  • 00:26:13
    over here that sets up you know people
  • 00:26:15
    expecting to go a lot lower next big
  • 00:26:18
    spot is going to be all the way down
  • 00:26:19
    here at like 11 bucks 1070 you know 1080
  • 00:26:22
    down there uh so people probably shorts
  • 00:26:24
    got involved and what happened you
  • 00:26:26
    started bouncing back so I do think
  • 00:26:28
    think you know any pullbacks over here
  • 00:26:29
    at buying opportunities um but I really
  • 00:26:32
    do like the mstr chart instead I wish I
  • 00:26:35
    had a call expiring yesterday and I sold
  • 00:26:38
    near open and then the thing freaking
  • 00:26:40
    ripped faces I was like ah that was the
  • 00:26:42
    move I wanted to to play man I just
  • 00:26:45
    didn't it would have went to zero I was
  • 00:26:46
    like oh it's almost a break even let me
  • 00:26:48
    just let me get out of this thing I
  • 00:26:50
    don't like weakness guys I really don't
  • 00:26:52
    I have been playing them I do not like
  • 00:26:55
    them though it wasn't a weekly when I
  • 00:26:56
    bought it um either way guys uh weekly
  • 00:27:01
    Theta just eats into you it really does
  • 00:27:02
    Tesla eat into me uh you come over here
  • 00:27:05
    tomorrow all right fresh breakout if you
  • 00:27:08
    can you know get buyers really getting a
  • 00:27:11
    daily close above 1620 you're probably
  • 00:27:13
    going to come up here to 1873 and then
  • 00:27:16
    1991 all right CS K you also have that
  • 00:27:19
    downtrend you did not get above the
  • 00:27:20
    daily nine we're going to need to see
  • 00:27:23
    that recovered and then I'm looking for
  • 00:27:25
    a uh you know this move up here if you
  • 00:27:28
    could start breaking out that is when
  • 00:27:29
    you're probably pushing straight up here
  • 00:27:31
    to 1272 and then you know up here to
  • 00:27:33
    1391 and that's a decent size move all
  • 00:27:37
    right now we're going to look at the
  • 00:27:38
    setups and then we can go over the not
  • 00:27:41
    notable flow and then the charts that go
  • 00:27:44
    along with that notable flow and that
  • 00:27:45
    will be the end to our video now first
  • 00:27:47
    thing I want to point out guys we
  • 00:27:49
    already did talk about goog but this is
  • 00:27:50
    definitely the you know big boy that's
  • 00:27:53
    setting up just like we had Amazon just
  • 00:27:54
    explode off us Google is probably the
  • 00:27:57
    next one to do that that so I'll put
  • 00:27:59
    that on your radar PayPal we already
  • 00:28:00
    talked about this one but this thing's
  • 00:28:02
    looking really juicy here weekly Hammer
  • 00:28:04
    Candlestick off of the weekly nine there
  • 00:28:07
    I erased the arrows but this is one
  • 00:28:10
    Arrow was going here one Arrow was going
  • 00:28:14
    here I erased them but as you could see
  • 00:28:17
    that is exactly how that happened you
  • 00:28:19
    stalled out resistance up here it could
  • 00:28:21
    see be seen on The Daily time frame all
  • 00:28:23
    right and then you pulled back hit it
  • 00:28:25
    with the break and retest this the top
  • 00:28:26
    of you know I think it was like a
  • 00:28:28
    six-month range 200 days right there
  • 00:28:30
    that's like 7 months right there this
  • 00:28:33
    thing is probably going higher and after
  • 00:28:35
    it just printed this weekly Hammer we
  • 00:28:37
    can expect it to come back up and tag
  • 00:28:38
    7250 if it can really get above 7250
  • 00:28:41
    though 7654 and then
  • 00:28:44
    7927 all right Roblox this was also
  • 00:28:46
    something I I mentioned uh last week it
  • 00:28:50
    is looking really good here on the
  • 00:28:52
    weekly time frame looks like it just
  • 00:28:53
    really started its Ascent there all
  • 00:28:55
    right we can clearly see this thing can
  • 00:28:57
    get legs it can grow those legs if it
  • 00:28:59
    pulls back since the daily RSI is
  • 00:29:01
    overbought I'm not telling anybody to
  • 00:29:02
    buy this thing uh if it pulls back
  • 00:29:04
    though 4485 I think that is the
  • 00:29:06
    short-term trade idea right there it's
  • 00:29:08
    either going to get bought up here gets
  • 00:29:09
    bought out or bought up at this uh
  • 00:29:12
    downtrend retest mstr we already talked
  • 00:29:15
    about it so I'm not going to spend a lot
  • 00:29:17
    of time but definitely something that
  • 00:29:18
    look sexy Mara we already talked about
  • 00:29:19
    it AMD we did already talk about it but
  • 00:29:22
    fresh downtrend break right there Avo we
  • 00:29:25
    also talked about it about to break that
  • 00:29:27
    downtrend RK we did not talk about you
  • 00:29:30
    do have a fresh downtrend break here and
  • 00:29:32
    if you can break above
  • 00:29:34
    4631 we're probably going to start
  • 00:29:37
    heading up there to fill up that Gap
  • 00:29:40
    4746 either way pull back right here
  • 00:29:43
    retest that downtrend I like it I'm
  • 00:29:45
    going to set an alert for it just in
  • 00:29:47
    case we do get the 45 retest there which
  • 00:29:49
    would be the retest of that downtrend
  • 00:29:52
    PSM we already talked about it but I
  • 00:29:53
    like it on this uh pullback here into
  • 00:29:57
    16767 Netflix guys fresh breakout on
  • 00:30:00
    Friday weekly candle does not look so
  • 00:30:02
    bad at all pulled back to the weekly
  • 00:30:04
    nine here and you know again like I just
  • 00:30:07
    I just talked about the concept all
  • 00:30:08
    right I can't you know hammer it into
  • 00:30:10
    your minds anymore do not expect things
  • 00:30:12
    to just Slice Above these things they
  • 00:30:13
    typically pull back I know sometimes it
  • 00:30:15
    can happen but you know a lot of the
  • 00:30:17
    time you get above you pull back all
  • 00:30:19
    right and you pull back and you pull
  • 00:30:21
    back okay you get above you pull back
  • 00:30:23
    you failed all right you get above you
  • 00:30:25
    pull back you're not failing this thing
  • 00:30:27
    looks like it's going to come up to
  • 00:30:28
    71133 again for a test there you go coin
  • 00:30:32
    we talked about it falling wedge set up
  • 00:30:34
    right there gme all right I'm not going
  • 00:30:37
    to be trading this thing but I know some
  • 00:30:38
    of you guys like to trade this guy
  • 00:30:40
    you're back in your demand Zone this
  • 00:30:41
    where we found buyers last time you also
  • 00:30:43
    do have this bullish Divergence here on
  • 00:30:45
    the daily RSI upart this thing on the
  • 00:30:48
    weekly charts looking phenomenal again
  • 00:30:50
    pull back to that Weekly nine right here
  • 00:30:52
    as well as the breaking retest off
  • 00:30:54
    3278 and now you're back Above This 36
  • 00:30:58
    96 resistance this thing looks like it's
  • 00:31:00
    about to head up to
  • 00:31:01
    4571 and if you can
  • 00:31:04
    see all right you got like a double
  • 00:31:07
    bottom kind of thing here going on and
  • 00:31:10
    if you really could break above 49 bucks
  • 00:31:12
    that's when this thing probably pushing
  • 00:31:13
    up here not saying that's going to
  • 00:31:15
    happen all right but I am definitely
  • 00:31:17
    going to point it out that it is
  • 00:31:18
    possible there in that Weekly chart it
  • 00:31:20
    looks explosive rivan something that's
  • 00:31:22
    just ranging out here in the golden
  • 00:31:24
    pocket I think it's we didn't see a
  • 00:31:26
    rally off of this down trim break I
  • 00:31:28
    think it's very possible that this is
  • 00:31:30
    the downtrend that is being watched and
  • 00:31:33
    it just broke out and it's retesting it
  • 00:31:36
    so we're going to talk about it in
  • 00:31:37
    reality you need to really break above
  • 00:31:39
    1413 and I want to see that level
  • 00:31:41
    retested and then we probably start
  • 00:31:43
    coming up to 1534 uh 1585 and then up
  • 00:31:46
    into the Zone um but yeah fresh downturn
  • 00:31:49
    break guys uh it's really my favorite
  • 00:31:51
    setup that I like coming across it is
  • 00:31:52
    definely something that's very clear as
  • 00:31:54
    day and uh it's there all right but
  • 00:31:57
    you're currently sitting in the range
  • 00:31:58
    you got to really get above 14 13 and
  • 00:32:01
    then base like you know come back I want
  • 00:32:03
    to see the retest there and then you
  • 00:32:04
    move up regardless fresh downtrend break
  • 00:32:07
    Tesla we already talked about it we're
  • 00:32:08
    not going to talk about it some more
  • 00:32:10
    Disney break and retest off that
  • 00:32:12
    downtrend Weekly Hammer Candlestick
  • 00:32:15
    increasing volume off that retest right
  • 00:32:17
    there doesn't look bad at all over here
  • 00:32:19
    you got to get above that Weekly nine
  • 00:32:21
    though because you got rejected over
  • 00:32:22
    here and ever since you got underneath
  • 00:32:24
    it all right you've been in a downtrend
  • 00:32:26
    so you want to flip things get a above
  • 00:32:28
    it all right get above it you see this
  • 00:32:30
    thing got under pull back pull back pull
  • 00:32:32
    back pull back you're starting to get
  • 00:32:34
    above it you failed and then you really
  • 00:32:36
    got above it and you held it and then
  • 00:32:38
    you launched probably see it dance
  • 00:32:40
    around that if it gets above it Target
  • 00:32:42
    guys we called it out uh we've been
  • 00:32:44
    watching it so this just a little update
  • 00:32:46
    I'm going to give some updates on on
  • 00:32:48
    last week's plays trade ideas that going
  • 00:32:50
    into this you know last week uh over
  • 00:32:53
    here all right we're watching this
  • 00:32:54
    golden pocket you literally bounc right
  • 00:32:56
    off of that 14 590 618 viib there you
  • 00:33:00
    could have came a little lower retest
  • 00:33:01
    that trend line but you didn't all right
  • 00:33:03
    it's looking phenomenal here you got the
  • 00:33:04
    weekly pin bar Candlestick holding that
  • 00:33:07
    Weekly nine here again you came back
  • 00:33:09
    retested it it's looking like it's about
  • 00:33:10
    to run back up probably comes back up to
  • 00:33:13
    16221 all right HS we called that one
  • 00:33:16
    out falling wedge pattern right there
  • 00:33:18
    you did break underneath this 786 FIB
  • 00:33:21
    okay but at the end of the day you were
  • 00:33:23
    still in this falling wedge pattern and
  • 00:33:25
    now you broken out it's not looking bad
  • 00:33:27
    at all we could trust it's looking great
  • 00:33:28
    all right AI we called this one out and
  • 00:33:31
    guys I think this one's really just
  • 00:33:32
    getting started here we pointed this one
  • 00:33:34
    out um literally the other day before
  • 00:33:37
    this big green Candlestick well now that
  • 00:33:39
    big green Candlestick with increasing
  • 00:33:41
    volume it has broken us out if you pull
  • 00:33:43
    back into the daily n here all right I'm
  • 00:33:45
    going to just put an alert there that is
  • 00:33:47
    a buying opportunity in my personal
  • 00:33:48
    opinion all right it's expected that
  • 00:33:50
    sellers are going to be stepping in here
  • 00:33:52
    but if you can get above that's when
  • 00:33:53
    this thing is probably quickly going to
  • 00:33:54
    start moving up here to the next
  • 00:33:56
    resistance at 26 P all right Carana we
  • 00:33:59
    pting that one out as well coming into
  • 00:34:00
    the golden pocket last week you did find
  • 00:34:03
    buyers there and now you put a weekly
  • 00:34:05
    hammer in do not be surprised if this
  • 00:34:07
    thing runs back up the highs but also
  • 00:34:09
    broke down from this massive uptrend so
  • 00:34:12
    it could also be just uh retesting that
  • 00:34:14
    that broken uptrend cat we pointed that
  • 00:34:17
    one out last week just a little review
  • 00:34:19
    guys just a little review we liked it at
  • 00:34:21
    the golden pocket 618 FIB what happened
  • 00:34:25
    you came down that was your exact bottom
  • 00:34:27
    and you rallied from from there this
  • 00:34:28
    thing looks like it's probably going to
  • 00:34:29
    come back up to the high all right just
  • 00:34:31
    again given a little update on last
  • 00:34:33
    week's trade ideas you came back into
  • 00:34:35
    this big spot very big Zone here we were
  • 00:34:38
    you know just like it was a supply Zone
  • 00:34:40
    over here well now you got above it we
  • 00:34:41
    were expecting it to be a demand Zone
  • 00:34:43
    you've now broken out of that out of
  • 00:34:45
    this little downtrend after finding
  • 00:34:47
    buyers over there at your demand Zone
  • 00:34:49
    and uh you know I think this thing is
  • 00:34:51
    probably going higher here it's you know
  • 00:34:53
    just judging by how this weekly chart
  • 00:34:55
    looks first leg pull back again to the
  • 00:34:58
    weekly nine it's probably about to take
  • 00:35:01
    out that high and go higher so
  • 00:35:03
    definitely something to uh watch
  • 00:35:06
    there but uh we called it out last week
  • 00:35:09
    I wouldn't be just sitting there longing
  • 00:35:10
    it now D King another one we pointed out
  • 00:35:14
    all right looking good over here again
  • 00:35:16
    same same concept we just went over it
  • 00:35:19
    was supply all right it's demand over
  • 00:35:21
    here it's demand come back in it's being
  • 00:35:24
    treated Supply you get above it all
  • 00:35:26
    right expected to start being treated as
  • 00:35:29
    the man same exact concept guys it's
  • 00:35:31
    like over here all right I know like you
  • 00:35:35
    know I know you you did that but in
  • 00:35:38
    reality you still had sellers steep in
  • 00:35:40
    right here if you were long over here
  • 00:35:41
    you had a perfect take-profit spot as
  • 00:35:43
    you came into these lows over here
  • 00:35:45
    that's you know past demand I just had a
  • 00:35:48
    brain fart uh word vomit whatever that
  • 00:35:50
    thing was uh either way you had all
  • 00:35:53
    these lows over here they're acting as
  • 00:35:54
    demand you came back into it I know it
  • 00:35:56
    was only for a day but sellers still you
  • 00:35:58
    know they prevailed there okay and it's
  • 00:36:00
    the same concept as right here you had
  • 00:36:02
    this High over here what happens it was
  • 00:36:04
    Supply Supply right there you got above
  • 00:36:07
    it demand demand demand all right so
  • 00:36:10
    it's the same exact concept guys you
  • 00:36:11
    don't need to make things complicated um
  • 00:36:14
    but that is the video guys I hope you
  • 00:36:16
    enjoyed it I know it was a bit of a
  • 00:36:17
    longer video 36 minute video that is
  • 00:36:19
    fine it's a weekly update we are fully
  • 00:36:21
    prepared to take on the the upcoming
  • 00:36:23
    week just a reminder before I go guys
  • 00:36:26
    you do have a fresh break out over here
  • 00:36:28
    at NQ we are likely going to be coming
  • 00:36:30
    up to this High all right you have CU
  • 00:36:33
    sitting right here all you have to pay
  • 00:36:35
    attention to set alert for
  • 00:36:37
    47760 all right if you take that out I'm
  • 00:36:40
    just going to do it right there 478 is
  • 00:36:43
    if you hit that alert expect you to come
  • 00:36:45
    up here that's probably going to be the
  • 00:36:47
    next move things are looking pretty
  • 00:36:49
    gnarly all right and with that being
  • 00:36:51
    said guys I hope you enjoyed the video
  • 00:36:53
    if you did remember to leave a like so
  • 00:36:55
    we could get this video out to more
  • 00:36:57
    people all right you scratch my back
  • 00:36:59
    I'll scratch your back as much as I
  • 00:37:00
    possibly can all right um but yeah I
  • 00:37:03
    will catch you all in the next one which
  • 00:37:05
    will be on Monday and peace all righty
  • 00:37:08
    guys I did forget to go over the flow so
  • 00:37:11
    if you would like to see the flow the
  • 00:37:13
    most notable flow we saw on Friday these
  • 00:37:16
    very just massive orders coming in and
  • 00:37:18
    then the charts that go with that flow
  • 00:37:20
    go check out the Twitter link will be
  • 00:37:22
    down below I will be posting those over
  • 00:37:25
    the next 2 hours so I will catch you
  • 00:37:27
    over there there now peace
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