GET READY FOR VOLATILITY!! FOMC AND PPI TOMORROW!

0:00 Alrighty, what is going on ladies and gents? Welcome back to the channel for another market update. Hope everybody had a lovely day. And with that being said, let's dive into the TA. All right, guys. So, uh, FOMC is tomorrow. We've really just chopped it up intraday. The past two sessions here, we got the overnight move up. We got the gap up coming into yesterday. We got the gap up coming into today. And then intraday, they did a whole lot of nothing. They trade you flat. Um, I'm going to say, you know, structure on the lower time frames here. It does not look bearish. Okay. Um, you definitely do have higher lows being made into higher highs. We'll see what they want to do with that. We are right here at the short-term moving average. It's on SPY, QQ, IWM, and DIA.

0:46 DIA sold off the 9 EMA today. IWM sold off the 9 EMA today. SPY sold off the 9 EMA today. And QQ rejected the 21 EMA. Um, now I I I shared the stat. You guys can go back to the weekly update. You go back to yesterday's update as well. I went over in detail at the start of the video. So, if you do not know what's what VIX/SPX stat, okay, the VIX and the S&P 500 stat I shared with you guys, uh, that you know, every time since 2007, July 2007, 15 out of 15 times we got that signal there on VIX. Okay, this condition has been hit. 15 out of 15 times you get a 4.8% move up over the next two weeks. That'll be by uh by this Friday. Yes, by

1:33 March 20th on SPY. That's like from this low right here on SPY going all the way up here. Every time since 2007, July 2007, 15 out of 15 times. It's stats. It's probabilities. I can't tell you if it's actually going to happen or not. I can't because I don't know the future. You don't know the future, but we do know every time in the past that has happened. There's that. Okay. Um, every every time you have gotten at least I think it was a uh 2.5% move up off of that low. Uh, we have not gone 2 like so I have reason to believe, you know, this is going all the way back to 1990 on VIX. I just have reason to believe that SPY is going to get a larger bounce

2:18 before it comes back down. If it's going to come back down, I don't know, you know, if they fall on, they play that out, they give you a 4.8% bounce, like you're very close to alltime highs and this picture looks a lot different. Now, that being said, I took a look today at this monthly MAC date because I saw it on Twitter and this thing just looks it looks ferocious. So, I it looks like it's going to come crashing down. All right. So, I I'm just going to, you know, be transparent here. This full on looks like it is going to come down. It looks the same exact way as when you did get, you know, at least this month right here, the next month it was minus 13%. And then, you know, last

3:03 time we really did look like this was uh it was, you know, the start of the 2022 bare market. So, you know, it in honor of full transparency, okay, you know, I do just want to comment on it. I did see this today and I am going to be caught if we we get this next bounce here you know I think it's worth just taking the riskoff approach from there and just hey if the thing wants to crash and burn let it crash and burn all right you know at least you know just on everything just be aware of this okay be aware of this you could size down on things that being said we still have that VIX stat that will suggest we get higher than where we are right now all right so like where we went up here you know we should be getting higher prices. We will see if it's going to move. We are in the

3:50 perfect spot for that to happen. Um, you know, I I have this cloud indicator right here that's literally just the 5 EMA, the 9 EMA, and the 21 EMA. When the 5 EMA crosses through the 21 EMA, it flips the cloud. Um, you know, you could see right here. Oh, it just flipped. They slammed it. Okay. Right when they are about to flip it/flip it, that's when you either pump or dump. That's like right at a turning point. That's right when we get an impulsive move. You see this is right where they stopped it from moving up here because it was about a flip. You know, if they kept it going, they probably would it would have probably gotten up here. All right, I'm just pointing out this is when they usually will slam it to prevent it from flipping green or they will get it green and they they start, you know, we see some movement. That being said, all

4:35 right, you know, we are in a heavy spot here in the daily time frame. We do have FOMC tomorrow. And the only thing, you know, suggesting to me that we are going to be getting that upside is my VIX stat that again, you could go back in yesterday's video and check that out. Um I I shared it in detail there at the start of the video. So you can go check that out if you want. I think it's worth taking a look at just so you know, you know, probabilities right now. Um but hey, you know, I'm not I ain't got my head in at, you know, in the sand over here. I could definitely see how rough this looks. But we did close out with the inverted hammer last week. And hey, all it takes is them getting it up to last week's high and this has a completely different look. Um, that being said, what I pointed out here on the monthly MACD, this is just something to keep in the back of your mind. It doesn't suggest you're going to be getting a move down now, okay? But if if

5:22 things move back up to highs and this somehow crosses down, all right, that's creating a divergence right there. Um, and regardless, you know, it failed last time. You didn't, you know, get a reset on the MACD. You could just see throughout the history here. Yeah, this thing doesn't, you know, it it doesn't stay elevated. Eventually, it will come down. So, I can't tell you exactly how it's going to go. Look at See, this is the VIX stat right here. All these all these lines here. Okay, the green lines. You see there's only two red ones. Okay, that's these are the only two times we didn't get our move. Okay, the only two times. And even when you did have these two times. All right. I'm pretty sure we still got this is a 3.7% move from the bottom there. This over here. Oh, this the monthly. That's why it's

6:08 looking all wonky. That's why it's looking all wonky. Here you go, buddies. I got you. Don't worry. Don't worry. All right. And then this one over here. Yeah. 2.6%. So, I'm just telling you, you know, and like keep in mind, you did end up, you give it one extra week this time, okay? And there were only two times since 1990 that this staff failed. All right? So, keep that in mind. Now, you go back before then. All right? Now, I think now if you go back before July 2007, I think we have a few of these where they're only like 3.5%. All right. Regardless, 3 and a half% is higher than where we are right now. We are less than 2% off the lows right now. I'm just going to point back to this like this is the only reason I do think other people are going to be wrong calling for for the downside right now

6:54 and I think we're still probably going to be moving up and if we're going to move up it starts with tomorrow. Okay, we got FOMC. We're in the perfect spot. We're right at the uh 21 EMA on QQQ, you know, perfect spot for this to either, you know, go a little boom boom. All right, or it gets slammed back down to the lows. Now, if it gets slammed back down to lows, you are going to have the 200 DMA sitting right here. you know, it's it's literally going to be sitting right below us. All right, we'll just make this little pink guy right there. There you go. Okay, it's right below, you know, worst case scenario, you're going to come down here. You're probably going to come down to 580 and then bounce back. You know, at least get this bounce back up. And I can't tell you if you a larger move, you know, down starts up. But again, we have not gotten this bounce on SPY yet. So,

7:40 I'm fully still looking for this bounce here. Um, I don't think there's a reason to expect that it's not going to happen because again, since 1990, it it has continuously happened. I don't have a reason to go against the charts. That being said, I just wanted to bring this up today because yeah, when we do move back up, if if we move back up, okay, you know, I don't want to it's not a guarantee. You know, things can fail. It's probabilities. Things could fail, but it has 100% hit rate since 1990 and, you know, 4.8% 8% 100% hit rate since 200 July 2007 15 out of 15 times since 1990 you know I the yeah even when it failed those two times it was still like a 2.6% 6% move off the lows. We are lower than that. So, I'm looking for higher prices, a little bit, at least a

8:25 little bit higher. I'm thinking at least 680 on SPY. Um, regardless guys, we're not going to spend too much time. I know we we spent, you know, 8 minutes now talking about this, but, you know, I thought it's it's a nice refresher here going into the big event tomorrow. We're going to see if they, you know, they're they're probably just going to keep the rates as they are right now. Uh, you know, vast majority of time, like I'm talking vast vast vast majority of time here, the expected move is exactly what they don't. All right. So, uh, you know, they're expecting no rate rate change there. I'm expecting no rate change there. Okay. Um, if that happens, then it's a big nothing burger. And then we see if the commentary from Jerome Pal changes from last meeting. All right. And and we see if there's any new fears the market has to worry about or if he's going to be easing the fears that the market has been worrying about. We're

9:11 going to see what happens there. Now, everyone keep in mind, all right, you know, hey, maybe we move back up this month. It's, you know, all all the current fears get thrown out the window. People forget about it and then boom, we have inflation spike next month off CPI or PPI. Uh, and yeah. All right. And and at that point, bada bing or not PPI, C, it would be CPI or PC, I'm pretty sure, would spike. Um, but yeah, you know, either way, one of those inflation readings would spike next month. We have oil. I my my tank of gas was $55 the other day. Um, I am very positive earlier in the year that was like a 35 to $40 tank, maybe 40 to 45. Regardless, I saw it just get to a I I didn't think I'd ever be paying $60 for, you know, a

9:58 smaller tank of gas there. I did. All right. And I'm telling you, it might keep going up. I don't think these, you know, oil prices, they're not going to last up here. They're not. Okay? Let's let's be real about it. They're not. That being said, they are elevated. They might stay elevated for a little bit. They should show up in an inflation report. I'm just saying. All right. Maybe that's going to be a catalyst that the market freaks out about. Now, that being said, we have to wait till next month. Okay. We just had CPI. I think it was it was not too long ago there. We have PPI coming out tomorrow morning. We'll see what happens. Okay. But not going to spend too many uh too much time in the indices here. I have a lot of tickers I want to go over with you guys today. So, we're going to try and go over those as quick as possible. Just do a little speed run there because there are quite a bit setting up and I I got

10:44 some juicy ones that look like they want to move with or without the market and I just know most things do move with the market. So I I'm going to assume we are going to be moving up but you know let's let's just look at the MAG 7 socks. They are definitely mixed over here. You know Apple it has the 200 DMA right below. Can go either way. Let's get this ugly MACD off of our chart right there. Get out of here. Get out of here. All right we'll take off the 200 real quick. All right, Meta over here. This another one that, you know, it looks ugly. Okay, it looks like it wants to break down. That being said, if we It's going to move with the market regardless, but it definitely is not looking the best, but it's in the same spot where you have found the past two bottoms, the past two big bounces there have came right here from the monthly 21. So, it's a big turning point. Okay, like it still you

11:32 got to be open to it. Microsoft, we know the weekly RSI has been oversold for quite some time. Uh, we also know if it does make a low, it's going to actually print something for the first time. It's never done. It's never printed a bullish divergence once it got oversold like that. All right. Like we we just have not spent this much time oversold on the weekly RSI here. You just didn't. This was four weeks it was spent oversold. Now, if we create like that was already unprecedented. Now, if we make a new low, we have another thing that's unprecedented. Um, regardless, you know, this is one that looks, you know, structurally speaking, it can go either way. You have the inverse head and shoulders here, which, you know, screw the screw the the name of the pattern there. It's just you go into a higher

12:17 low here, into a higher high. That's, you know, the structural change that this would signific uh signify if you can get back up to the neckline at 4305. We'll see what happens, but I'm just pointing out, you know, these look like they can go either way. Nvidia, what happens if you move down real quick? All right, you're going to come into 170. You get bought pretty quick from down there. Um, you know, that's we're going to be looking for over here on the video. All right, but uh it's also in a spot here where it can go either way. It's in a range. It's it's looking like it wants to break down. Full disclosure, it it does, but only only on the daily there, you know, weekly. This is a hot mess. It's a hot mess. It can't decide what it wants to do. You know, like this doesn't tell you anything. You know, Tesla, they can't break it down. They can't break it down. They've gapped it

13:04 down the past two weeks and then you moved up intra week. Okay, they did sell you back down by end of week there, but they did not close you lower than the opening price. It's strength and then you gap up this week. All it takes is you taking out last week's high here. Really taking out 42034. That's the level I got marked out here. All right. And then uh yeah, you know, this is probably going to be turning around. Amazon I pointed out the other day it yeah by that I mean yesterday it looks like it wants to move up here in the short term. All right. Um I I assume it probably is going to be moving up in the short term. It's rejected the weekly 9A the past two weeks if it gets through it. We have the weekly 21 right around 22047. All right. But you know it has a giant bare flag. So that again it's it's kind

13:50 of like uh you know Meta over here where you know one time frame is looking like it's probably going to hold it or at least it has the shot there and then it just looks heavy over here. You know Amazon's kind of the same look over here where weekly doesn't look bad. Monthly don't look bad. You're in the same spot over the daily and yeah I mean a market wants to sell this. This is you know this structure to sell. All you got to do is take out this low over here. That being said, you don't know that's going to happen until you actually take out that low. All right, these charts are in a position where they can go either way. You see how we're compressing around these moving averages right now. You know, we're getting ready for moves on some of these names. These are the big boys. All right, like Google doesn't look bad. You're holding the weekly 21 for too long over here to to really lose it. I don't think you're going to lose it right now. Um, you know, I I think we

14:37 are basing out around it and you're going to probably launch up off of it with how this is looking. Um, actually we will start tracking Google. I think Google, you know, there's more volume over here on the options contract. Uh, as well as I just like how this moves. It moves slightly different than Google. I don't know why, but uh Oh, I mean they they are slightly different, but uh I think one has dividends included and one does not. Yeah, I think that's Yeah, that's that is what I have here on my chart. Oh, no. They both have dividends. Okay. Maybe I don't know. Uh regardless, you're right here. You're about to break out. you know, you have this little inverse head and shoulders pattern. Look like you're about to break out over 31142 here and yeah, you know, it looks like you probably will shoot up to 320 in the short term. Uh I would imagine,

15:23 you know, you would continue if you clo get up there this week. You probably will continue pushing next week. It likes the pullback at the start of every week though, so keep that in mind. You know, over here you pulled back at the start of the week, moved up, pulled back, gap down, start of the week, moved up, pulled back, start of the week, moved up, gap down, start of the week, move up ever so slight. Okay? Ever so regardless, it likes to pull back. So, if you're trading this name, just realize that is how it's going to be most likely moving there. Um, but I will I will commentate it. Uh, I will commentate on it as we go, okay? And I'll let you know if I am trading it. Uh it is on my watch list right now. It is I there there a lot of names. Okay. So I just wanted to go over the Mag Seven stocks real quick. And now we are going to hit it with that speed round we just

16:10 talked about. We got some stocks doing some cool things today. Okay. I actually I have a really big list today. All right. Let's run through them. First one is Rocky Lab. All right. It did gap down. Well, it didn't gap down, but it's it's pulling back in the after hours there. It had an offering of uh 1 billion. Now, I will just remind you guys 1 billion is uh 2.5% of their $44 billion market cap. Uh $45 billion market cap. It's not bad. Okay? It is not bad at all. All right? So, just keep that in mind. Like they're selling it down 4% in the after hours today. I think it's down 5%. Um you know, that is already double what they actually would be offering. So, just keep that in mind. This is probably going to be bought tomorrow. Um, and knowing Rocky Lab, if

16:56 it opens down here, they're probably going to buy it up past, you know, this high here, and we we probably do hit it with a big day. Uh, now moving on from Rocky Lab, even though that is the star of the show right now. Um, as this is one that, uh, did not announce uh, delution right after the bell there, uh, and is definitely starting to wake up here. Now, I actually, before we go any further with the space stocks here, I want to point out small cap. Okay. Um, we are seeing spec capital, speculative capital here flow back into a small cap name. All right, might I say micro cap, not even it's $150 million market cap. This is one that only ran and saw that speculative capital flow into it. All right, when you saw with Rocket Lab have

17:41 their big legs up. Okay, we're going to come over here to Rocket Lab. You see, you know, this started over here in December. By the time it really got going, that's when Spec Capital started flowing over here to Sidu Siu. All right, I just want to point out this now is starting to pop. We're starting to see Spec Capital flow back into the space theme. All right, and it happens to be on the same day that Rocky Lab breaks out and AS starts pushing back up. Daily cloud is about to flip green. I am looking for a pop over the coming sessions here to take it over 10666, which is going to be the high from two weeks ago. Uh we are already above last week's high. I am looking for continuation. This likes to get 5 to 10 point moves when it is having its trending days. Okay, have a blast.

18:27 Rocket Lab and AS we will have a nice amount of moves over here the next few weeks. Uh if I'm if I'm right about this then yeah this is going to be a two to three week move up where there will be plenty of dips to uh take advantage of. These things move in waves. Keep that in mind. Okay, you have one decent move up probably into golden pocket here 8692 bucks pull back revert to the mean 9 EMA 21 EMA base out around there and then push up off it. So just keep in mind that is how they will be trading most likely and that's that. Okay, next one we're talking is PLTR guys. It's coiled up against the daily 9MA right now. All right, it did start moving up today. Pulled back a little bit there uh from the highs, but it definitely was showing strength on the day compared to what SPY was doing today. Okay, we could just see

19:13 spy and QQQ. They didn't really do much of anything intraday there where PLTR definitely did end up. And I'm sorry we didn't go over levels on spying QQQ. I don't think they're the most relevant right now. Um considering we have FOMC tomorrow and they are either going to pump you up tomorrow or they're going to slam it down for the short-term moving average. So, uh we're going to spend the time talking we already we spoke about what we needed to on the indices. Now we're going to talk like the big picture. Now we're going to talk about individual trade ideas for the rest of the video. Okay. Um, I hope you guys enjoy these individual trade ideas. Uh, I will tell you if you are trading spy in this environment, you're getting chopped up. It's not worth it. And uh, yeah, I I'm just going to tell you, we have plenty of movement on individual tickers on any given day. You know, some sometimes there's, you know, not much to

20:00 catch. That's like, you know, one in like 20. Okay? You know, vast majority of days there will be movement to be had. You know, today you have Rocket Lab waking up. Okay. Um, you know, you had NBIS over here. NBIS is now pulling back, but we had this thing moving. You know, no matter what, there will always be movement on individual tickers. You just got to know where to look. And I genuinely point all of them out in these videos, okay? All the main ones, I point them out in these videos. All you have to do is subscribe. All you have to do is pay attention. And I I'm, you know, going to try and make it into shorter videos there than, you know, 40-minute videos. But we genuinely do cover all of the market research anyone probably would be doing themselves. And I like to

20:46 think we catch most of the trending names. Okay. So, if it's moving, it's probably somehow getting put on my radar. Whether that be from YouTube, whether that be from Twitter, whether that be from the Discord, you know, people leave the ticker request. no matter what. Um, you know, I I usually am seeing what is moving. Um, so just do yourself a favor and just hit the notification bell and subscribe to the channel, okay? It definitely is an underrated channel. I'm here to make your life easier. Utilize me as your indicator, okay? Just I'm the most valuable indicator there is out there and it happens to be for free, but I am the most valuable and this YouTube channel is your indicator. There you go. have a blast. The LTR coiled up against

21:31 the 9 EMA here. You can see the weekly. It's right underneath the weekly 9 EMA. Uh the weekly 21 right there. So, perfect spot to be. It's coiled up in between the 9 and the 21. Uh I am looking for a breakout if the market's going to be getting the move I'm talking about to the upside. You know, if our stat plays out pretty much, I can't guarantee it's going to be happening. I really can't. All right. And like, hey, if you move down, don't be in a spot to where you are getting wrecked. It's just, you know, it is a game of preservation. during choppy market times. Like that's kind of just how it is, okay? You can't really do anything about it. It's just you can't force the market to, you know, give you movement. It just is what it is. You know, it is what it is. So, you protect yourself in these times. That being said, you know, we have a lot of nice we still have things moving and grooving and we have a lot of lot of

22:17 things setting up right now slash starting to trigger as of the past few days. Okay. Uh PLTR, watch for the break over 1584 above there. We have 16145 and then 16635. 16635 is the target. If we could take out 15844 that would be the target this week. All right. I do think 172 is in the card. So, next one is GEV guys breaking out uh above this trend line today. This downtrend line here coiled up tight around the daily 21 EMA. Those daily moving averages looks like it will be taking out last week's high at 85275. above there we probably do get a quick move up to 86861 the short term and then 89493 is not going to be far after either this week or next week I would expect that to be hit that is GEV

23:04 all right be another uh energy name we have been watching over here and guess what okay uh well actually you know what this is really the only energy name that I' I've been you know actually following along with all right uh there's not too many I have been following along with but I will point out Uu actually looks really good over here. I'm just kind of waiting for it to actually do something. We'll see about it. Okay, we will see. Uh but be over here, it's been my favorite. Okay. Um this thing has some clean moves when it's actually want to move. It has not moved in two months. I am patiently waiting for this thing to actually get some movement here and it looks like it's going to be this week. Okay, just like I pointed out literally in yesterday's video, I was like, one of one of these days, Rocket Lab isn't

23:50 going to reject 74 bucks. Well, it happened to be that next day. Now, that being said, I said that uh most days for the past week and a half here. Okay, I started talking about Rocket Lab on this day right here. It was right here. All right, you know, so some time passed. At some point, the same thing happens over here with be. Okay, people want to forget about these names. I'm gonna sit here and just wait for him. All right, B has been doing absolutely nothing for two months. I am still looking for that move up. The weekly looks like if it takes out 16628, it will get up to 17649. And I'm guessing the third test of this spot is not going to reject. Let's see if we're right. But yeah, coiled up for two months now against the weekly 90. It looks ready for a move. Uh Coinbase, you

24:36 know, I've been talking about the past two weeks here. All right, we talked about this initial move up into the 90. Once we got that, okay, we were going to look for consolidation, okay? So, we we we got the initial move up. We're now looking for consolidation this week, okay? Or last week and this week, and then next week is when we're expecting that big move to come. If you do not believe me that this is playing out the exact same way the past two moves happen, this is where we are. All I did is go like this, okay? Like, it's exactly the same. There's no denying it. It's a little different over here on this one, but it's it's honestly the same, okay? Like you can you can take this right here and you could go like that and they follow

25:22 the same, you know, three-wave pattern there, okay? Or five waves, three impulsive moves up. All right? But what's very similar is that you push into the 9 EMA, you reject, one, two weeks of consolidation, you move up on that third week. push into the 9 MA one two weeks of consolidation move up on the third week. Last time over here. All right. The last time you did end up pushing into this high and you rejected, you pulled back Thursday into Friday. All right. So, there is still the chance that they consolidate you this week. I know you're pushing up. I know it looks like it wants to go. I'm ready for it to move up, but I would definitely prefer that they do it next week and just give us more time. The more time the better over here, okay? I don't want to risk having the false breakout. Rather the false breakout happen right here. You

26:08 you drop. Okay. I've seen it, you know, online. They they call this something the squat. They say the squat. I'm pretty sure they call that. Um regardless. Okay. I'm going to say you pull back, you get the failed failed breakout, and then you push back up. Okay. And you since you rejected that one time, that second time is just spent eating supply. And if there's more buy orders than sell orders, then you'll see you make a new higher high. All right, you'll see a higher high over here and then you start going. All right, so we're looking for that action. I'm not sure if it's going to have like a big gap up like like what happened the last time, you know? I'm really not sure, but uh yeah, I'm I'm looking for this move this week or next week. Most likely still going to be next week, but it did start popping up to 21350 today, so I

26:56 thought I would mention it. All right, but Coinbase, this is going to be a nice one. I'm pretty sure I'm going to pull out a 10 to 20x on Coinbase next week, baby. I am excited. Let's get it. All right, that's coin. Next one. PF. Um, yeah, this uh this actually came in as a tick request today, and I've this actually came in, you know, twice over the past, uh, I want to say three weeks here. Um, and yeah, it's starting to wake up. As of today, it is starting to wake up. When this thing likes to move, it likes to pull back every other day. So, I'm going to watch for that. See if I could take advantage of that. It is, if you're an options trader, it is a low liquid name. Okay? So, just realize, you know, there's not too much volume on the

27:41 option chain here. You got to keep that in mind. Okay? That being said, if you stick to the monthly opticses, you should be good there no matter what or or weeklys. Uh, trade trade however you see fit. Okay? Regardless, uh, you have a base right here. It's of$ 1.5, you know, dollars right there. Okay, $1.50, 5%, you break above here, you probably will get all the way up here towards 30 bucks. Yeah, that's it. You know, and again, if you can push up, pull back, revert to the mean, and then once you start pushing up, you could pretty much just have that low, whatever, you know, the low that you bought in on that pullback day. Okay, that could be the risk. Okay. And you got the chance to do it here. You got that chance to do it here. You got that chance to do it here. Um, regardless, that's how I see it fit to

28:29 trade this name over here. But, however you see fit to trade it. All right. I'm I'm thinking we get a breakout right around the corner here. And it's it's just now starting. Okay. Break out over 2794 over the next one, two sessions. We'll be watching for it. Okay. Even if it's not this week, yeah, you know, it it might put, you know, fail like it did last time here. But the fact that it already failed twice at this area uh suggests it's probably going to, you know, it's eating supply at this point. You know, it's it's it's probably going to get thrown. We'll see if it it makes a higher high over 2794. All right. And biz guys, look at that. Perfect timing. >> It's easy. >> You just got to be available, you know. Um there are definitely tricks that's been happening in this market, okay? But sometimes, uh it just wants to bless you

29:16 and it just makes it really easy. And that was ENBiz over here. Uh we're targeting 115. I sold the sold around the high over here. Sold around the high over here. Oh, and we took the rest off. Uh it wasn't at the high. It was at like 12 126 127. It was near the open. Uh that being said, oh, it was the day before they tanked this guy because oh, just like Rocket Lab there, they want to hit it with some dilution. Okay, hot up. Uh now that being said, okay, it's not that much dilution. It's not um I I think if I'm remembering correctly, it was 3.7 billion. Um it's not too much, but it's not nothing. Okay, so keep that in mind. That being said, I was before the delution, I was expecting price to

30:03 pull back and I told you guys if you're riding up with me, it's time to, you know, you should be taking a profit. You should wait for the 9A test. You should wait for the mean reversion. Well, all right. We the next day we start pulling back right into the mean. All right, you got the 5 EMA test today. You're right on the 4hour 21 EMA. I personally think we probably are going to continue down and test 11050 and then I think we probably establish a range between 110 and 130. All right. And I I really just want to focus on just trying to buy the bottom of what I think this range is going to be, which I think it will be 11050. I saw something on Twitter saying 80 to 90. I'm just going to let you know how charts work. Okay, you just broke out from all this

30:49 structure. Okay, market participants, they didn't know which way they wanted to send this for three months. I think it was actually four months. Four months. They just broke it out. Chances are you come back in here, you're going to find buyers here at the top of the previous structure. Okay? Like, it's just how that works. Okay? People who miss this move up, they're probably going to buy it right here. It doesn't mean it can't fail, but you're very likely at least you're going to get some some action like this even if you're going to get all the way down here. Like you will get bounces along the way. All right. Uh now that being said, I really don't I mean it's straight proof of concept. You know, these deals coming in the last few days and now the charts starting to actually erupt. We were on this name before I was pointing out the day before this thing

31:35 moved. It's a very technical move. Probably not coming all the way back down here. I'm gonna look to start a May position. All right, there you go. That's two months out. NB biz. All right, nailed the nailed nailed the initial move up. Try and nail the second. Next one's going to be SNDK, guys. We have MU earnings coming up tomorrow after the close. MU has been an absolute monster. Okay, you know, I'm not going to say that was easy. I shouldn't have even hit that button right there. Um MU can't I I just say that was easy because the thing came back from the lows. Holy sweet baby juice. 25% move up, guys. Nuts. Okay. Actually, from the lows, I think it was 30%. Yeah, 29%. Nuts. Okay. Um, it's probably going to continue. That being

32:21 said, we do have to see what happens in earnings. Okay. We have to see. The last one did gap it up. I think it was 13%. You gapped up 13.7%. Okay. Um, I am not saying that's going to be the case, but if you close here, you know, tomorrow at 480, we'll say 470. close 13% gap up brings you to like 535. Okay, that would be nuts. It would be nuts. That being said, I think it's better just to leave it alone and wait until after earnings because you know that chart if earnings is positive here, it has a big breakout and you focus on buying mean reversions. You focus on buying the dips. Okay, that's how MU has moved in the past. That's how you're going to approach it now. That's it. That's it. You don't have to over complicate it. Uh SNDK over

33:07 here. This is going to be your sympathy play. Uh they're loading up on calls here. They're loading up way out the money calls. You know, by that I mean what is that? 40% out the money. 1070 strike from current price. All right. Like that is all the way up. That's 50% out of the money. Someone is loading that up. All right. Now, yes, it's 2028, but someone is regardless. We know what they're playing off of. It's MU earnings and this chart looks like it wants to explode. Uh the last time we had this look on SNDK, I pointed out back then too, you had a 20% move the next day, like you know, from the open to close, you had 22%. Um I pointed out literally coming into the week right here, it was on my focus list and then I didn't catch it. The thing

33:52 moved like I if I'm remember correctly, it moved like I want to say 30 30 to 40 points within the first like minute or two. So, there's a chance you're not going to be able to catch it. And there's a chance this thing just gaps up off MU and you're not going to want to touch it because the premiums are absolutely ridiculous. But it is here. SNDK for the taking. There you go. All right. Now, just an honorable mention guys. Lemonade. I put this on your radar coming into the week. All right. for the breakout over 56.83. I did not think it was going to get to 67 bucks today. No, I did not. Uh but I will pat myself on the back over here. I was looking for the 21 EMA test around 58 bucks, $60 psych level and the 62 uh level where it broke down from. That was

34:38 the target for it. You know, if I was to take the trade, that would have been it. Okay. Um at this point, I'm just going to say we're at the weekly 21. Chances are you're going to dance around it. All right. So, you know, the move, I'm just saying, don't chase the move. You could do whatever you want. I don't even care. All right? Do whatever you want, but chances are you will get consolidation over the next one to two weeks from around this area. And there definitely was a way better price to be buying this because I literally pointed out and it was down here. And now you're probably going to get a better price just waiting. There you go. There's LMD. Next one is iron. All right. Um, iron's probably not cooked. Okay, Iron is probably honestly just getting ready

35:25 to move up. Um, you know, we're we're seeing Cipher over here. It's starting it's starting to shape up. It's getting right into the apex of this uh this descending triangle here. So, I I'm going to be honest, you know, I do think we are probably going to see a decision uh in the short term for Iron and Cipher. I think we probably will be starting this move up. The daily cloud is just flipping green. We're going to see a buyer step in on the 21 EMA test. That's what I was waiting for. Now, I just want to see if they bounce back up from here. And if they do, then we know iron is probably in the clear for, you know, move out of this consolidation here. And once it does break over 4719, if it has, you know, a green cloud there, I'm going to look for a full-on move. You know, I am going to look for a

36:10 move into the next area, which really is all the way back up here. But first we'll have the golden pocket. Okay, so above 4719 the target is going to become for uh 53 to 5760. Okay, that is what we're going to be looking for. That is a 10 to 20% move. Whether you want to trade that with options, shares, it does not matter. Okay, it's a 10 to 20% move for the taking if it presents itself. There you go. Okay, now again with these data center stocks, Wolf is another one over here that I think is just getting ready for a monster move. this thing. It looks like just a massive base that is going to be breaking up. You're at a key level. I just thought I'd mention it. Okay, next one is on ODS, guys. You have consolidation. I pointed this out uh once over the past two weeks, I believe.

36:56 Um but now I am going to say I think this is about to be breaking out. Now, that being said, you also have earnings. So, I don't know what they're going to do off of earnings, but I do know the last earnings they had like a 20% intraday move up, 16%. Okay. Uh the total move up was 30%. All right. But you know, even a 16% move up, that is that is a pretty penny. That is a two-point move over here. All right. Weeklys are they're going to move quite nice with that, you know, even with these earnings there. All right. Uh regardless, I am watching for this breakout over 1242 in the short term. Really, you got to break over 1159 first, but 1242 is that previous high there that you really want to break out. And then boom, you're leaving all this consolidation here. Now, maybe an is

37:43 going to trade, you know, crap like it has in the past here where it does this crap. All right. And if it's going to do this crap, we'll just say this, you know, just just be aware is a trickster over here. It likes to push highs and then pull back every step of the way. Kos started moving up today. Daily cloud is about to flip green, which again is just a 5 EMA crossing above the 21. All right, it's something that in the past does tell you, okay, buyers are starting to step in here. If it, you know, if you're, you know, risk on on a name, you're long on a name and the cloud flips red, you can exit, you could leave it alone. Worst case scenario, you miss out on

38:28 consolidation and price pushes back up and you miss out just a teensy bit and you get back in. It's okay, you know, just like right over here. What? Consolidation. It didn't break down. Didn't go back up. Consolidation and then it continued going down. It's about to start coming back up. Uh we have the same exact look at as Rocket Lab actually. And actually, you could also see, you know, this right here happens to be right over here near these highs. Okay. Uh, it's not not a picture perfect break and retest, but I do like how you swept the low of the range over here with this weekly candle. Popped right back up. And now it looks like they want to break you out of this range. Break above 9710 and you're breaking out of your month-long range here. Above 9710, we're going to look for 10667. Above there, 114 to 123 is

39:15 going to be that golden pocket. At that point, though, you're just pushing back up to alltime highs. Okay. Uh once this name starts going out of this consolidation, which again looks like it's starting, it definitely looks like it's starting. Um it it it might go vertical for two weeks there. All right. And give you a really nice move back up to 134. And you know, from current price, that's 40%. That's a little crazy. It's a little crazy. I'm telling you, you know, you know, regardless of what the market's doing right now, like I have a ton of names that just look ready to go. So, you know, I I don't have a bias right now. I have a stat suggesting SPY is probably going 685 to 690. I have, you know, all these names here that look like they're ready for

40:01 upside. I'm just going to like Mag 7 stocks, they're mixed over there, but Google and Amazon, Tesla, they look like they want upside. Nvidia is completely mixed. I don't know, you know, I'm not convinced of upside. I'm not convinced of downside. I'm iffy at best. Uh and but you know, I'm not iffy on our ability to uh make some really nice uh really nice moves here in this market. And regardless, guys, you know, we've had a market. You can have a decent time when the spy is doing this this mess, then you're going to be quite all right. I can promise right here, this is the most frustrating price action for months on end that I've seen in five years. Okay, we have you can't show me a

40:46 time like this. All right, you got to go back to 2015, I believe. All right, that's that's when we had the last uh multimonth range. Yeah, this this mess right here. And and what happened? Oh, this was 2019, not 2015. I could have swore we had something in 2015 that looked like this, though. Maybe it was this I was referencing. Ah, this. Ah, yeah. Yeah, then you broke down. I was going to say I was I I did remember seeing that in 2015 there. Um, but yeah, you know, I'm telling you, if you could have a good time in this, you have a good time in any market. Don't worry about it, guys. Don't stress yourself out too much. I I promise. Okay? It is a tough market right now. Anybody who tells you otherwise, they

41:33 are lying to you. They they are they're trying to make themselves look good. It is genuinely a tough market. I don't care what your strategy is. It is choppy. It is crazy. Whether you're a swing trader, whether you're a day trader, like you have plenty of volatility. Um but you know, just look at what they did yesterday and today. Like it's a it's a messy market, man. It really is. We haven't gone anywhere. It's we have not gone anywhere in so long. Eventually, eventually this market will move, guys. I promise. All right, breaking retest up 15354 over here on ALB. It's a monster name that I remember pointing out on the breakout over here, September 2025. The

42:19 thing just kept going. It kept going when the market wanted to be moving down. All right, this is a name we look to uh as as strength and yeah, it just kept going up. It never pulled back. you know, it would for one week and then it would go right back up. Now, this is the biggest, you know, pullback, consolidation period, whatever you want to call this, that you've had this whole move and it's done above our key level here at 15354. This is very likely going to be advancing back to the highs. All right, expect a move back up to 200 bucks. All right. Uh over the coming weeks on ALB IBM, guys, this is looking juicy. This is really looking hot right here. And I am going to guess that we get a breakout over this level here at 26038 over the

43:05 coming sessions. This week, it looks like we will get the breakout this week and test test the weekly 90A at 265. We'll see if we get right back up to the weekly 21 at 275. Take out 275. We have the golden pocket between 282 and 299. There you go. That's IBM. It looks ready. Got a base right here that looks like it is about to be breaking out. Let's see if we get it. And that's what I have for you guys today. Really, uh, top watches into tomorrow, guys. You know, I I'm talking as I'm thinking Rocket Labs dip does get bought. All right. I think there's no world where this doesn't get bought. It was 2.5% of dilution for a 5% pullback

43:51 here. We just started breaking out. ASDS is going. We saw side going. Okay, we know Spec Capital's coming into the mix here. I've been waiting for weeks here on Rocket Lab. All right, specifically like two weeks. It's been a week and a half to two weeks I've been waiting. Okay, but before then I was waiting to pull the trigger. Okay, for another, you know, multiple weeks there. Okay, so I've been waiting a long time. It just started. I highly doubt this thing is going to have a pump and dump and, you know, finally break this range and come right back down. This is the day we finally been looking for. They hit it with delilution. These crazy people over here. Crazy Rocket Lab uh people. Okay. Um but what doesn't have the delution looming over the head right there, which again I don't think it's a big deal in

44:37 Rocket Lab, but as you know, if this thing is going to if the space team is going to start taking off, which is highly likely here, we're probably going to get a few green sticks over here on backto back green sticks. Hit it with the stick, baby. Okay. And what is hitting it with the stick? You hit it with one of these big days. All right, these five to 10 point moves really se I want to say seven to 10 point moves most of the time you will be having here you know you have some nice ass moves on the day every single every one of these trending moves and when it's going yeah once you get the first one you typically get another two or three that follow uh we're going to say another one to two that fall okay you know you got you got a big move over here you got the breakout it's like right here okay you hit it with the stick the next day I'm

45:24 thinking and it happens. And if we hit it with just with one stick, oh, baby, we're right back up to 10666, that two week two weeks ago high. All right, but yeah, I like ASDS in the short term. I really like Palunteer, but I do know it's at a spot at the weekly 21 where if if SPY gets slammed, Palunteer is probably going to go with it whether we like it or not. So, it is what it is. But as Rocket Lab, Palunteer, okay. Um, and yeah, we have MU earnings tomorrow after the close. So, I'm going to be paying attention to SNDK, but I I probably won't be trading it. And IBM, IBM, KTOS, I'd like to start a swing over here. All right, and that's that's what I got for you guys in the short term. I hope you guys enjoyed today's video. I truly do. Um, let me

46:09 know what you think down below. Uh, and if you want to come trade with me, that link is going to be down below in the description, okay? Come join us. All right, and with that being said, guys, I hope everybody has a lovely rest of their evening here. And I will catch you all tomorrow. Um, it's it's FOMC day, so just realize up until 200 p.m. we we won't know the rate decision. All right? And then 2:30 is when Palace Presser starts. Okay? So that's when we get to know is the narrative going to be switching here. Okay? Up until then, we don't know. The market has consolidated intraday the past two days here on SPY and QQQ. You've done a whole lot of nothing. you have these very small intraday ranges. All right. Um so just realize we're probably going to consolidate into that 2 to 2:30 period

46:57 tomorrow. 2 2 to 2:30 Eastern Standard Time. Okay. Um so just realize that is the case if you are deciding to trade tomorrow. They have burned premiums short short premiums. Honestly, the spy calls I picked up near the bottom here and caught over a 10-point move on. There's a 10point move. Okay. they are break even. All right? So, just like, you know, if you're trying to trade SPY right now, just realize it doesn't matter if you you bought one month out calls at the bottom here. It does not matter because I was that guy. Okay? I was that guy. And if we came back down to the 200, I was going to add to those. Guess what they don't do? They don't do that. Okay? Uh even though I caught this move right here, they were up 15% at

47:43 today's high. All right? So, just realize like you're not missing out if you trade spy. That's why I make most of the video all the tickers that you know this is where the real money is to be made. Okay, this is where it's to be made. Spy right now, it's for the birds. I forgot who said that the other day. Someone it was definitely in the Discord, but some someone said that the other day and I completely agree. Right now, trading spies for the birds. That's that. All right. I hope you guys have a lovely rest of your evening and peace.