STOCK MARKET UPDATE FOR 3/24/26

Henry James www.youtube.com

Brief Summary

This YouTube video provides a market update, focusing on key levels for SPY and QQQ, analysis of MAG seven stocks, and trade ideas based on stocks showing strength. The video discusses potential market movements influenced by geopolitical events and inflation data, while also highlighting specific stocks like Nvidia, Apple, and others for potential trading opportunities.

  • Key levels for SPY and QQQ are identified for both upside and downside scenarios.
  • Nvidia and Apple are highlighted with statistical analysis suggesting potential upward movements.
  • Several stocks showing relative strength are discussed as potential trade ideas.

Intro and Market Overview

The video starts with a market update, focusing on SPY (SPDR S&P 500 ETF Trust) and QQQ (Invesco QQQ Trust) and then MAG seven stocks. The presenter also shares about 10 trade ideas based on stocks demonstrating strength, which could make moves by the end of the week. The presenter touches on news regarding potential de-escalation of geopolitical tensions and its possible impact on the market, while also noting that inflation readings are expected to remain elevated.

SPY and QQQ Analysis

The presenter analyzes SPY, noting a gap down, followed by filling the gap during the day, and a slight gap up in after-hours trading. Key upside levels for SPY include 657.03, 662.62, 669.66, 675.79 and 683.36. Downside levels include 649.89, 644.72 and 639.85. For QQQ, upside levels are 587.93, 591.33 and 594.76, while downside levels are 587.93, 585.96, 581.93 and 578.54. The presenter notes that DIA (SPDR Dow Jones Industrial Average ETF Trust) and IWM (iShares Russell 2000 ETF) showed strength.

Nvidia and Apple Statistical Analysis

The presenter discusses Nvidia, mentioning a 77% chance of it moving up to 189 by the end of the week, based on a three-year analysis of 19 occurrences. Apple is also analyzed, with the presenter noting that historically, it tends to bounce off the 200-day moving average, with a potential move up to 255.13 or higher. The presenter emphasizes the importance of being open to possibilities, as these patterns have worked out in the past.

Microsoft and Google Analysis

Microsoft is currently at its 200-week moving average, which the presenter refers to as the "Warren Buffett indicator," suggesting it could be a good buying opportunity for long-term investors. The weekly RSI (Relative Strength Index) is oversold, a rare occurrence. Google, on the other hand, is starting to break down, potentially heading towards 129.393, with its daily RSI entering oversold territory.

Trade Ideas: Stocks Showing Strength

The presenter discusses several stocks showing relative strength:

  • AMD: Looking for an upward resolution over the coming sessions above 29.21, targeting 220, 227.30 and 236.60.
  • PLTR: Watching for a break over 15.84.
  • GEV: Expecting dips to be bought and for it to continue tracking higher.
  • TSM: Watching for a break above 347.95, with a potential retest of the 21 EMA (Exponential Moving Average) from above.
  • NBiz: Looking for 110.50 to start another position, or a move up off the 9 EMA.
  • ALB: Watching for a move up to the highs, with key levels at 182.80, 195.69 and 206.
  • Cipher (CFR): At the apex of a pennant, watching for the daily cloud to flip green, with potential targets at 15.48, 16.28 and 17.96.
  • APLD: Watching for a break over 29.43.
  • Dell: Showing strength, but extended, so waiting for a pullback might be a better entry point.
  • Marvel (MRVL): Basing out above the daily 21 EMA, looking for a breakout.
  • Vav: Showing straight-up strength, just at new 52-week highs.
  • Laser (LSR): About to break out, potentially setting up for a larger move.
  • Light (LI): Gapping into new highs, with a history of vertical moves after breakouts.

Final Thoughts and Disclaimer

The presenter summarizes the stocks discussed, emphasizing the importance of focusing on names showing strength. The presenter also reminds viewers of the Nvidia trade, looking for a 10% move over the next two weeks, bringing it up to 189. The video concludes with a reminder that the presenter's trading community link is in the description.

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Transcript

Full transcript of “STOCK MARKET UPDATE FOR 3/24/26”. Click a timestamp to open the video at that moment. Need another video? Use the YouTube transcript generator.

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, dive into the TA. All right guys, so we'll kick it off here at Spy QQQ. We'll go over the MAG seven stocks and then we have some trade ideas about 10 of them uh at the end of the video after we go over these that are showing strength in today's market that are probably going to be making some moves into end of week. All right, let's kick it off with some levels over here on Spine QQ. Let's talk about what happened today. You gapped down slightly. You filled the gap today. Okay. Uh and now we are gapping up slightly in the after hours. We really did a whole lot of nothing today. We had a whole bunch of back and forth uh the whole session and

0:48 then they popped it uh after hours. Um I'm just going to you know talk about the news real quick here. We are getting a lot of uh I don't Trump is talking a lot about uh you know potential end of uh what's going on here. All I'm saying is they open the straight of uh Hormuse. Okay. [laughter] Did I say it right? Did I say it right? Maybe um you know if if this uh if this war is all going to end and then that that ends up happening. You know we still have what we talked about in yesterday's video. Um you know we had a hot inflation reading come in recently. I'm guessing over the next month we will we have three key inflation readings that come in every single month. You have the PC, CPI, and PPI. Um, I'm

1:36 guessing these are going to come in elevated if we just had one coming in elevated uh over the next month. So, you know, that's still something to think about. But the rest of what the market's selling off on is all the word related. If this happens to end, we're probably, you know, I'm just going to say we at least should shoot right up to 670, which is the daily 21 right now. doesn't mean you're out the woods, but you got to just take it as you go. You know, if you shoot up there, it changes the look of what we got here on the weekly time frame. You know, this weekly candle goes from red to straight green and now you're right at the weekly 21. What happens if you don't reject there and we get a weekly close above it? You know, that's currently sitting right here at 672. What happens if we

2:23 get above it by end of week and we close above it? Well, historically speaking, like we're probably just going to start running it back up, you know? Uh that's why you wait and see. We're either going to reject and probably come down for a new low like right over here. Um or you don't reject and you get through and we we just keep going. We'll see what happens. Uh we will. But um yeah, that that's really about it here. That's about it. You know, you you got to wait and see. As of right now, you're underneath all key moving averages here. Um, and that's about it. You know, we we bumped our head on the 200 day yesterday. We sold down today. We filled the gap and now we'll see if we take out yesterday's high, which is 66262. Okay.

3:08 So, on the upside, we have 66262. You get above there, you're above the daily 9 EMA, and you're above the 200 DMA. Okay. Uh, above there, you have 66966, which is right around that daily 21 EMA. expect sellers to step in right around there. That's where we should have a battle. You get above 670, we're talking 67,579. On the downside, you have today's low 649.89. Take that out. We probably are going to uh come back down to a new low underneath 6472. Then we have 639.85. Now, if if they keep selling this down if we don't get this bounce out of the way here, we don't really, you know, come 665, 670, really, you know, we're probably at least getting 670. Um, you

3:54 know, again, we're going to test the weekly 21, the weekly 90 MA. That's historically what happens when you're around this uh 200 here. You're coming down underneath it, you lose it, you're going to retest these things. Okay? Um, so that's that's the next step. But let's just say that step just gets thrown out the window and we just jump right past it. If they bring this price underneath last week's closing price, this weekly RSI will make a new low under here. That's just how that works. Um it only takes one to two more weeks of this selling before you're just it boom just completely we probably just honestly one more week um you know before the weekly RSI is just oversold. You just look back the weekly RSI getting oversold is going to market bottom. So, just keep these things in

4:39 mind. Um, you don't know what's going to happen. We don't know what's going to happen. Nobody knows what's going to happen. You know, for all we know, Trump's just going to keep this thing going on and you are going to get this move down. But also, for all we know, the thing ends and you end up just seeing a recovery. Just keep it in mind. Regardless, we have gone over over the past one to two weeks here stats uh that do suggest we should definitely be seeing more of a move than we got right here. You know, over the past 15 to 20 years here. I've gone over stats. I actually went over a stat that goes back 35 years. Uh and I don't know if it's going to play out. I don't know. But, uh [laughter] I uh it has to do something over here with VIX. We're not even going to talk about it. But, you know, 25 out of out of 26 times. Hey. All right. SPY

5:26 gets this move off of what would have been uh this low right over here by what would be this Friday. The only way you possibly get this this move that has played out, which is 3.4% move up to 683. Only possible way that plays out is if you have a complete taco, war is over, straight is open. Um and yeah, honestly, I they just got to hype that up. That's the only the only way you get that. Uh if all this fear does not go out the window, then yeah, that's not going to happen. But um we'll see what happens. We will see. Regardless, we are looking for more of a bounce off the lows right over here. And we did talk about the other day, you know, if you do come over here for the time being, it's probably just going to be a minor new low right here. And then you're still

6:13 going to get this pop. Like we're looking for a rally into April 2nd. That's what that's what our stats are suggesting we should be looking for. Uh worst case scenario, you're going to go sideways. regardless you're looking for price to go up or for price to go sideways until April 2nd into that, you know, into that end of that week. Um, and that's pretty much it. You know, that's that's what you're looking for. If you're looking for a move lower, like that's what you really want to see. You don't want to see this thing just come down to a new low. Like, it's going to trigger just a major bottom. You're going to get a much larger bounce here if this thing just does not get it right now. Um, that being said, all right, hey, market's going to do whatever the heck market wants to do. I'm not I don't want to go over the stats anymore. You guys can go back and watch the previous uh we're going to say

6:59 the past two weeks of videos. You'll have plenty of stats. But I am going to say like Nvidia over here, you know, it's bouncing back in the after hours. I don't know if it's going to have this move this week, but I did go over how there's a 77% chance that hey, Nvidia does end up seeing this move up to 189 by this Friday. You know, going off of this over the past three years here, you have I think I believe it's 19 occurrences. All right. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19. 19 occurrences. This is your 20th. All right. Uh 14 out of those 19 have made this 10% move off of the day low where you hit 37 on the daily RSI. All right. 14 out of 19 has made that move in the

7:46 first uh actually maybe it's 15. Okay, is 15 divided by 19 is that 77%. Okay, it's 15 times. Okay, 15 of these times, guys. Uh you made the move in the first week. All right, not the second week. Second week would be next week, April 2nd. First week is this week. Every time. Okay. Except for uh one time you took 3 weeks to end up getting this move. Every other time, all right, it happened two weeks. 70 plus, we'll just say 70 plus% of the time, even though I'm pretty sure it's 78% top of my head. Uh that's what I I'm remembering when I when I did the maths. Um yeah, you know, you do end up seeing that 10% plus move that first week. All right. So, I'm open

8:35 to things and people should be open to things because every other time I brought these things up on my channel over the past few years, they have worked out, you know. I don't And guess what? Like, I didn't care what anybody else was saying at the time either. You know, I don't care what the narrative is right now. Um, you know, narrative plays into it. It definitely is. But I'm going to be honest, charts kind of tell us these things ahead of time every single time. This thing doesn't care about the news. it doesn't and it already triggered. And if it triggers again, all right, there was one time in this this this period where it did end up uh was right over here where it came it had a 6% bounce. We didn't even get a 6% bounce, but it it had that off that low. It came, you know, down to a slight new

9:20 low and then still within two weeks ended up giving you this move. Okay, right here, 14 days, 10.3%. All right. So, no matter what, like I I'm looking for this move on Nvidia and I I imagine if Nvidia gives you the move QQ is also going to have a pretty sick nasty bounce here. I also know Apple I already went over this as well, you know, over the past few years. I already I'm pretty positive I showed you guys here on the channel. Um I I showed the Discord. I'm pretty positive I I showed you guys quite a few of these, you know, just me me back testing uh at least the past few years. A lot of these stats, you know, go back, you know, hey, you know, 15 to 20 years. Um, but yeah, over here on Apple, guys, you know, this is, uh, one, we're just not going to include

10:06 that. Okay, we'll stay over here. Okay. Uh, 1 2 3 4 5 6 7 8 9 10 11 12 13 times. All right. Only one of these times it failed, which was right here. You did not get a bounce off the uh the 200 here. But this is the first test of it. We're basing around it here. You have like this inverse head and shoulders pattern. Screw the pattern. You got bull structure building out here. You're basing out overneath uh overneath over the 200 daily moving average here. We know historically speaking, all right, we should be expecting a larger bounce to what we already got off here. I believe the lowest, yeah, 3.8%. That's the smallest. And that was only one time. Okay. Um that's going off of this this low right here. like so no matter

10:52 what we are looking for Apple to make a new high over 25513 even if it's just going to go to 256 reject the daily 21 and then get slammed back down. Now it's also very likely that that's not going to happen. You're probably going to get a larger than 3.8% bounce. That's just one of these times that that happened. And then one time it didn't work out at all. But again, you got 1 2 3 4 5 6 7 8 9 10 11 12 13 14 times. All right. Only two of them. Okay. You got less than a 3.8% move. Just saying. All right. The smallest one after that was I think it was 6 and a half. Hit 4.7. All right. 4.7%. Where does that end up bringing us up to? Okay.

11:37 That is going to bring you up to like 257. Not. Is it 257? Yeah, I guess so. It's not too much higher than current price. Regardless, guys, I'm looking for a higher move on Apple. I do think that the market's at least going to be getting this move up. I I do, you know, I I think 670 was probably going to be coming over here on SPY. I think we get the daily 21. All right, we went over the levels on SPY. We're just going to run through them real quick just in case anybody forgot. And then we're going to go over QQQs real quick and then we'll we honestly went over most of the stuff. I wanted to go over the mag seven stocks, but we're still going to talk about some things. All right. Upside 65703 66262 66966 67579

12:24 68336. Downside 64989 64472 63985 QQQ. All right. Upside levels we have 58793 59133 59476. On the downside we're talking 58793, 58596, 58193. And you take that out, you're coming down to a new low underneath 57854. All right, I'll just point out DIIA and IWM actually did show strength today. We're pushing right into the daily 21 on uh on IWM there. Um, I guess DIA at the end of the day, it it didn't show up too much strength, but IWM certainly was there. Um, we'll see if it wants to get past the 21 EMA. You have this previous

13:10 high. You have an equal high sitting right here. It looks like it's compressing, getting ready for a a move. All right, you see the little range action you got going on here. Probably going to be breaking uh probably tomorrow. We'll see about it. Uh VIX, I just want to point out guys, yesterday, you know, that was the first time we I know you had a big lower wick going on there, but it was the first time you made a lower low here the daily time frame for the first time in two months. All right. Really? Since over here. Well, I guess over here actually. Yeah, since the bottom three months. I look at these consistent uh you know, higher lows here. You finally took it out. Now take that thing out. Now we definitely know. Okay. But um you know that's what I was going to say my my tell was I

13:56 think we had this one marked out over here was the last one and then we made this right here. Well, you took it out. You made an equal from over here. We'll just leave that there. All right, moving on guys. You know, I I showed you guys what I wanted to over here on Nvidia. Uh 189 by next Thursday. That's what we're going to be looking for. 70% plus chance it happens by this Friday over, you know, three-year period. That's that's been how how that's gone. You've gotten about 20 tries at this. I've traded uh the vast majority of those and honestly I feel like I I have traded every single one of them. This is something I I take it literally every single time and it's here. And I mean, hey, you know, if they end up breaking

14:43 it down here, I mean, technically speaking, like I I just think they bring it 160 to 165. Uh, I do think it'll spring back up, but at that point, you are way down here. All right. And then a 10% move is only bringing you up back up here. I don't think that's going to be the case because again, this signal has worked out every single time. And the only time it took longer than two weeks was one time. It was 3 weeks. And you know, that would still be you by April 10th looking for a move up 209. So no matter what, that's the move I'm looking for. I do think this is not going to break down here because of what I have here. That is it. All right, that is uh that is the video we talked about. We needed to over here on Apple, but I

15:30 just want to point out the hourly and the 4 hour looking coiled up over here right uh around this 200 day moving average. Okay, you're basing up right around it uh basing out there. So, I just want to point that out. And then, you know, I do just want to point out Microsoft guys, the 200 weekly moving average, it's sitting right on there. You can call that the Warren Buffett indicator. I was trying to describe to my dad uh what the 200E moving average. I was like, you know, it's the Warren Buffett indicator. I knew he he would [laughter] he would understand. Oh, it doesn't come around a lot. It's a good good buy. Um but yeah, you know, 200E moving average. It's been oversold now uh on the weekly RSI for, you know, almost two months. That's literally never happened. Um I could guarantee it's a good deal on Microsoft. Uh why? because Warren

16:17 Buffett indicator two 200E moving average uh that's where we are around right now and yeah weekly RSI it's just doesn't spend time in oversold territory it is right now it's literally never done what it's doing right now whether that be a good or bad thing I can't tell you but I can't tell you historically speaking it's a good price and you're 45% off of the highs now 48% because they sunk it down to new low today uh am I going to say it looks pretty no. At some point it will bounce back though if you want to actually wait for it technically just to turn around. You see how all these are just lower highs. Every single one of them it hasn't made a higher low, you know, um or a higher high. Well, you just kind of wait for that to happen, which is right

17:03 now 41305. And at that point, you're probably, you know, right now you're you're in this process just taking longer. Um I don't think you're starting another leg. I just wanted to point it out. You're on the 200E moving average. That's literally it. And that's what I wanted to point out. Historical good price. All right. Long-term investor. You're willing to sit on it for 6 12 months, you probably get a 30 to 40% gain in Microsoft. You know, at some point the thing does start rebounding. They all have the time in the sun. You just kind of got to wait and that's it. You just have to wait. You think Google didn't go through a period like this? You think Microsoft didn't go through a period like this before? You know, it went through the sideways period. It went through this sideways period, you know, and it's yeah, it's what really allowed that next

17:50 big move to happen here. You know, these people get out the way. There's going to be new money to be made over here. You just got to wait for the next cycle. Probably going to bottom out around here. That's all I'm getting at. Moving on. Moving on. Moving on. Okay. I want to point out Google started breaking down today. I pointed out if the market was going to continue selling that uh yeah this is probably going to be breaking down into 29393. Now that being said, daily RSI coming into oversold territory the past two times now it's gotten to where it is right now it has bottomed out within days. Okay, rate that actually. Yeah, it honestly Yeah, like it it Yeah, I guess within days, we'll say um 4 hour RSI. I

18:36 do want to also say like maybe it's starting a larger breakdown. Okay, but only if spy and cuc are going to absolutely tank. And you know, yeah, only if these are actually going to take, which I'm just going to say I don't want to go back anymore. And you know, I really don't want to, you know, back test in real time here on the channel with you guys and just show it. All right, but like yeah, you know, there's been too many stats. We have oversold all the oversold conditions that I watch for, signals, conditions, whatever you want to call these things. Okay. All of them I watch for, they're all firing. All right. You know, it started two weeks ago with VIX with, you know, this getting up here since 1990, since inception. All right. Uh 25 out of 26 times. This ends up giving you, you

19:23 know, a a bottom that next week. You end up bottoming out and then you have, you know, a decent sized move. But off that low, it was a 3.8% move or 3.4% 4% move. Like that is a uh it's 683 on SPY. I can't tell you if it it's going to happen. I genuinely will say without a taco moment where all of the the fear just completely gets taken out of the market like it's not going to happen. But it has happened in the past. I just am not going to be the guy to continuously remind you of it. You know, if it's not working, it's not working. But you have it till this Friday. So I will remind you that it's on the table. anybody who's just like saying like, you know, just exiling that scenario there.

20:09 I'm just letting you know like you got your bias and that's fine. I got my bias and that's also fine, but just be aware. You know, people I I read the comments, you know, I don't want to respond to comments. People are just mean. [laughter] People are mean. People are mean during these times and I understand, but you know, I'm sitting on over six figures of losses. Suck it up, buttercup. Stop being a [ __ ] Um, you know, we all want to be a [ __ ] in these times and bitchimone and get [ __ ] mad at the market, but you know, at the end of the day, you're probably like near a bottom regardless. Stop being a [ __ ] I don't care. You know, trade what's in front of you. I'll show you names. We went over all the mag seven stocks. Guess what? There's definitely names of strength now. Trade them. All right? Trade them. You mad at the market, [ __ ] trade them. You think the market's going to fall flat in its face? [ __ ] short it. Who gives a [ __ ]

20:54 Short the hole. I don't give a [ __ ] All right? But you know, we'll go over these, you know, one by one here. But there's clear as day. There's names of strength right now. Okay? Trade what's in front of you. Don't trade uh if you don't want to because at the end of the day, every single correction like this brings easier times. You just have to not be a dunce during it. Not [ __ ] yourself up during it. And at the end of the day, you go back to making money, you know, on the upside once the correction's over. You don't have signs that the correction's completely over. I have a bunch of oversold conditions that are firing that historically speaking have given you bottoms. I've called them out over the years here on this channel and everyone's had a good time. You know, sometimes they're a little bit early, but at the end of the day, when we have this many firing, like I'm going

21:39 to listen to them and yeah, I'm going to bet that the market's not going through this massive crash. People are genuinely thinking a crash is happening. Uh, I'm going to say I still think a a larger bounce is more likely and I'll I'll stick to my guns on that until proven otherwise. If Friday comes along and you know we we haven't really moved. Ah, you know what? I I welcome sideways action then dump this [ __ ] down to the back down. Okay. Uh, but yeah, you know, I I I ain't going to go over them anymore either way. Moving on. We'll keep it to the charts. All right. As far as names of strength go, guys. All right. AMD. This is one I pointed out coming into the week. Um, I really like what's going on off of the 200 day moving average down there. You're coiled up in between

22:25 the top of your base and the 200 day. Uh, and I'm looking for an upward resolution over the coming one to two sessions here over 2921 above there. We're going to be targeting 220. All right. If you want an actual level to go off of instead of just using the psych level there, 21671 above there, 220. All right. And then you have 22730. Ultimately, you get above 230, you're probably I mean ultimately this move is probably going to make it up to uh golden pocket. All right. And that's what we're going to be looking for. But 220, then 22730, then 23 23660. There you go. Uh PLTR getting a little move up in the after hours here. Not really sure what. I know everything is spiking a little bit there. You know, you know, SPY is over

23:11 today's high. QQ over there. Um, so we we'll we'll see how it opens. You know, real talk, in this market, the thing opens, you know, completely different [laughter] than how it's looking uh every time over here. That's why like when I make these videos, you know, I I'm just going to make them like normal right after market close because I'm Yeah, you know, sometimes I've been waiting to see if any news is going to come out. Um, like today, I mean, you know, Nvidia started popping off in the after there. It's fine. QQ started popping, you know, right off. So, if I started recording right away, you know, I wouldn't have caught it. Regardless, you know, it's it's a news-driven market. That's why I say like, you know, that's that it's not going to play out unless, you know, this whole bearish narrative just rolls over and that would be it. But we'll see what

23:57 happens. We will see. Um, but yeah, you know, we have Palunteer here starting to get a little move up in the after hours there. You watch for a break over 1584. There's the original trigger level. I was looking for a test of the 200. You missed it by a point. Yeah, 1.3 there. Um, shake my head, but I I will still say spy is literally at lows here. Okay. Um, you're you're right down here. QQ is is nearing lows, which you actually did find buyers in the golden pocket on both SPY and QQ, by the way. You know, keep it's it's a nice tool to use gold to pocket buy as well. All right, you get a nice nice little reaction there today right over there.

24:43 All right, but uh yeah, you know, even though Palunteer sold today, I will still point out, you know, it does have relative strength going on here and it is an environment where this there's a reason this is being held up. Okay, we're in a war environment. This is where it likes to thrive. All right, watching for still a breakout move over here. I'm still watching for it by end of week, but uh definitely a bit iffy after today. Swept the low. We'll see what happens tomorrow if it's going to be the same as these other days. It's going to literally, you know, a red candle there. It goes right back up to that high, you know. So, we'll see over here within two sessions, it came back up. So, we we'll see what happens on Palunteer, but still holding up. Uh Apple, we already talked about this one. Really, I just want to highlight the hourly chart over here. It looks like it's basing out before another leg

25:28 higher. And yeah, honestly, I wouldn't be surprised to see 260 plus come this week. Um, would not be surprised at all. Weekly looks like uh this probably going to be the case. And then at that point, you're just going up and bobbing your head up and down through the weekly moving average like you've been doing. All right. Went over Nvidia there. I've been talking about GEV. You know, I talked about how, you know, when stocks are uh, you know, showing relative strength there. When they're holding up as the broad market selling there, there's something holding it up. when the market starts getting a deadcat bounce, quote unquote spy, QQQ, broad market there, you know, the indexes we talk about. All right, when these things start, you know, letting up bear pressure, uh, bearish pressure, you know, capitals typically leaving the market when SPY is going down there, you

26:13 know, the second capital speculation, capital starts coming back into the market. The names of relative strength, like those are the first places they're going to go. Uh, GEV has been holding up this whole time. Gev has been looking beautiful. Well, it's not breaking out into new highs here uh off the weekly 9 EMA into new highs uh 3 weeks later. And uh yeah, I'm expecting dips to be bought and for this to continue tracking higher over the coming sessions. We have another breakout sequence on our hands. Uh TSM mentioned this in yesterday's video. It's not gapping up slightly in the after hours there. Um we're going to be watching for the break above the 21day, which is going to be 34795. If you get above 34795 and the next stop from there is going to be 35735.

27:00 I think if you take out uh 34795, you're probably going to retest that because typically when you get back above the 21 EMA, the thing likes to retest it from above. I'm going to look for that over the coming sessions. And uh I'm going to see if I want to take an entry off of that for this move back up to 36465. That is a gap we have left open up there. Now, chances are if this actually does get bought down here, it's probably just going to keep going up, you know, uh it probably will just not find uh sellers straight up in the golden pocket there and probably will start heading up towards highs and maybe building out another structure. We'll see what happens. Um but yeah, it's definitely showing relative strength right now and it is uh standing out for move in the short term. Tides are turning. Uh NBiz,

27:48 all right, we've been talking about Nbiz. talked about NBIS before it took off. We talked about NBIS the day data took off and we're still talking about NBIS now. Okay. Uh we talked about how we should be seeing a range develop over the coming weeks here after we saw this big gap up and so far that has been how this goes. I've been looking for 11050 uh to start another position here at NVIS. I don't think we're going to get it. We might get it, but it might just come down and test the 21 then find buyers quickly. Um but you know either 11050 or you know we we could just bring up off of the 9 EMA which we are you know basing out around right now. If you make a new weekly high I suspect that the weekly candle is going to expand. They probably start bringing it up

28:34 towards the top end of the range around 130. Maybe this is all the consolidation we're going to get. We're just going to get two weeks of range before heading back up like right over here and we head back up next week. I'm really not sure. But I will point out it's basing out around the daily 9 EMA and this on trending names. This is what you got before not uh you know other moves up. That's it. We're watching for move up on NBIS or 11050 to start that position there. All right. Uh ALB talked about this one yesterday. Said we're watching for the break over 17364. You got that today. The daily cloud is about to flip back to green. Um, this has been basing out above the weekly 21 as well as uh above where it broke out from at 15354. Um, it is quite a ways off of the highs

29:21 stills. Um, I'm I'm thinking we are going to start this move up to the highs now. Okay. Uh, over 18280 you have 19569 then 206. Next one is Cipher CFR. Um, actually, just because I just realized I don't have this on for you guys and I got you. There you go. I know you guys ask for the uh the, you know, that that symbol in the background, the watermark there. There you go. My apologies. You guys, a bunch of you guys ask for that all the time. I I always forget about There you go. Cipher. All right. Cipher is at the apex of this pennant here. You're coiled up around the short-term moving averages

30:07 here on the weekly on the daily. Uh I'm watching for this daily cloud to flip green and actually hold if it retests 21. I'm looking for that to actually hold this time unlike the last time. Um but this has been red for you know two months now with the exception of literally one day right here. I'm looking for a pop in the short term over 1548. over 1548 we have 1628 and then 1796 I also pointed out APLD here NBiz is clearly the you know data center winner right now um it's being praised by the market becoming a darling right there okay um but yeah APLD I'm also watching for a break over 2943 here I'm just saying some of these data center stocks that have really cooled off here they

30:53 are starting to it looks like they're about to start waking back up even Iron over here with the inverse heading shoulders pattern here. Um it does look like, you know, if you start getting through this area here over 47 bucks, like this is going to mark out a larger move back up. Um so I do just want to point out I think Cipher is probably going to get an outsized move. It really it it likes to have some nice moves when it's going. Um so I will not be surprised to see this thing get all the way up to 18 bucks this week. And if that happens, one of these times the moves aren't going to get faded, okay? And it just continues going because it's wound up. It's ready to go one direction to the other. We should have a resolution over the coming sessions. I'm watch on Cipher. Uh Dell, I didn't trade it, but

31:42 I definitely told you about it before it went. I told you guys something was up with Dell last week. Um it was just showing so much strength compared to everything else there. and it's got this massive inverse head and shoulders pattern and all of a sudden now it's at all-time highs. Um, yeah, definitely showing strength. Definitely has been a tricky one to trade. You could see, you know, it's not trending a lot of the time. When it does, uh, you know, it it is kind of this choppy price action. Uh, that being said, it has been going absolutely bananas here. It hasn't had that choppy price action. I just wish we had a better environment and then it was going and I would have had more confidence in it. But regardless, you know, I Hey, congrats if you made money off a D. We did point this out last week as relative strength. We pointed out uh as well

32:28 yesterday, I believe, as well. Um, yeah, it's at new alltime high. It's probably going to keep going. All right, it probably is going to keep going. If we see a pull back, I wouldn't be surprised to see something like this happen where you retest this area and the moving averages will catch up to price. It is definitely very extended right now. like off of the weekly 5 EMA, it is 12% higher. All right, off the daily 5 EMA, uh, it's it's 10% higher. Regardless, it's extended. You might as well just wait for it not to be extended. That's when you're going to get the best entry points. You don't want to be buying when the thing is rocketing like that. Uh, at some point, mean reversion happens, structure builds out, and you have a better picture. All right, that's Dell Marvel MRVL.

33:14 uh basing out above the daily 21 EMA right now. Looks like it's ready to take out these multi-week highs right here. You know, 3 weeks we got, you know, right around the same highs. Reject to 9420. It looks like it's ready to actually get that breakout going. So, I'm watching for this to start up over the next one to two sessions here. Um it definitely has been showing relative strength recently, holding up very well. Now, I mean, hey, if the market wants to do what I was just talking about, there's a chance. And I it's not like a guarantee. It's not like I'm saying it has to happen. It's not saying like I you know it's a two-way street here. It's like genuinely we're going to keep the cell going and you're putting in a major bottom before you just you do have a big

33:59 ass recovery and like you're getting you're fasttracking this [ __ ] Like we are, you know, two months into the sale right now. Like you know we we have been selling for quite some time. This is one month straight red bars. Okay, this thing has been going sideways forever. Okay, but this is now a whole month of selling. This is like we are now 1 2 3 4. Like that's this whole part right there. And people are thinking that we're not even going to go sideways or bounce. I think you're going to be mistaken, you know, or you get my stat playing out, you know, one or the other. But like time is going to take place here or you're going to get this bounce. one or the other is going to happen. And I I have a solid feeling here. We either go side most likely we're going to get

34:45 the bounce, okay, into April 2nd there and then we again we'll see if we want to reject the weekly moving averages right here. But, you know, we should at least get up to them at 670. That's what I'm thinking. Um, and it should go sideways if it's going to be like what it was over February, which you know, you want to say, oh, Trump is, you know, giving the market a crash. Well, we had Trump manufactured crash 1.0 I know right here. You know, the thing tanked when it, you know, consolidated here, but it only tanked after it consolidated here. It didn't just, you know, go straight down for 20%. You still ended up seeing a almost 5% rally off the low. Did we get that? No, we got half of that. Like, if you get that, you know, like that's bringing you up here 675. You're retesting the weekly

35:31 21. All right. There you go. There you go. There you go. All right. But yeah, Marvel, if market starts pushing up, it's standing out right now. It's probably going to get an outsized move. Uh, Vav mentioned this one in yesterday's video. Oh, it's looking beautiful. It's looking beautiful. It's just going to keep going up. Uh, you know, so these are names with straight up strength just at new uh 52- week highs here. Um, well, not not a AOI, but I think it's very close to being up at 128.96. So, I'm watching for that move over the coming sessions. Um, you know, ideally this thing is going to end up going like this, pulling back, and you get a chance to buy some consolidation. That being said, it looks

36:18 like it might just continue pushing here. It It might uh you're breaking retest off previous highs there. That's what you got going on. Uh, laser LR. Okay. Realize where did our watermark go? There you go. All right. LSR laser about to break out. Watch for that breakout over the coming sessions here. Uh did not barely moved off the last one. Only went about 5% which makes me think, you know, now that you based around the moving averages after that failed breakout there. It's probably setting up for a larger one. All right, just a thought, food for thought there. Probably is going to get a nice 10 to 15% rip higher here. Uh and that yeah honestly 80 bucks I would see as a target there on LSR

37:04 light li gapping into new highs right now but you you broke out today. Um it has been basing for some time. The last big base that got a breakout. The thing went vertical for you know this next how much time did this actually take? Like look look this is two weeks one and a half weeks right there. One and a half to two weeks this thing went almost 50%. I'm not saying that's going to happen here, but that is what happened the last time you had a base and then broke out from it. And even when it's just going to keep tracking into new highs, pulling back, referring to me, tracking new highs, like it's still a trending name over here, and there's still moves to be had. Uh, so here you go. It's back in your radar over here. I know it was it was a hot name over here. It cooled off. Well, now it's back here. Okay, that's what I have for you guys today. I hope

37:51 you guys enjoyed today's video. All right, I truly do. Um, and yeah, if you want to come trade with me, that link is going to be down below in the description. All right, but yeah, we're looking for a 10% move over the next two weeks by April 2nd here on Nvidia. That brings us up to 189 and that's it. All right. Uh, you know, other than that, we discussed everything we got here in today's video. We just discussed the names. You know, if you want to focus on strength, here you go. All right. There's there's names clearly standing out right now for you to focus on. There's names over here that haven't started going yet. Just like we pointed out ALB the other day. It's now starting to move. There's names that have just started to trigger. There's names that haven't started going yet, but are at, you know, decent prices, setting up for us. And there's names breaking out to

38:36 new highs. It's up to you how you want to trade the or you got the oversold name that we know is likely going to be giving us a 10% move over the next two weeks. And you can easily just take that free money when it comes like we have every other time over this. you know, I haven't traded every single time, but you know, I'm going to say for at least two years, I've been taking the signal every time. Um, you know, and it has paid. So, pick pick and choose them, whatever you want to do. You know, AMD is not ready to it's not ready just yet. Watch for the break over 2921. It's ready to go. All right. Um, TSM, it's a nice chip name over here about to be breaking out. Watch for the break and retest over 34795. Retest the 21 EMA from above. provide a nice entry point there. Risal low of the candle. All right, it's the plan on TSM. With that

39:22 being said, guys, I hope y'all have a lovely rest of your day. All right, rest of your evening here. And I'll catch y'all in the next one. Peace.

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