Don’t Miss This Once in a Lifetime Opportunity

Summary

In this pre-market prep video, the speaker offers trading insights on SPY, emphasizing the importance of identifying key support and resistance levels. He explains that the $565 level is crucial for determining market direction, with a potential downside target of $561 if support fails. Additionally, three stocks to watch are highlighted: Lockheed Martin (LMT), Exxon Mobil (XOM), and Nvidia (NVDA), with strategies for playing their ranges. The speaker advises traders to keep things simple, stay disciplined, and capitalize on market patterns to maximize profits. Viewers are encouraged to like, subscribe, and engage with the content.

Takeaways

• 📉 Focus on key support and resistance levels when trading SPY. The range is between $565 and $573.
• 📊 At the support level ($565), buy calls, and at resistance ($570-$573), buy puts to maximize gains.
• 📉 If SPY falls below $565, expect it to drop to $561. If it holds above $565, expect potential moves upward to $570 or $573.
• 💡 Keep trading simple: focus on key levels, take profits when necessary, and don’t overcomplicate strategies.
• 🔄 Learn to play the market ranges, as stocks often move within specific levels, allowing for repeatable trades.
• 🚀 Lockheed Martin (LMT) is a strong performer during times of geopolitical tensions. Keep it in your portfolio for such events.
• 💼 Exxon Mobil (XOM) is in a range between $115 and $122. Pay attention to fluctuations to capitalize on potential moves.
• 📉 Nvidia (NVDA) is showing support at $115, but could drop further if this level breaks. Watch for potential buys as it dips.
• 💰 Focus on key stocks like LMT, XOM, and NVDA as potential buying opportunities while market volatility continues.
• 🔑 The main strategy revolves around watching SPY’s $565 support line. If this breaks, it could trigger larger market declines.

Q & A

What is the importance of identifying support and resistance levels in trading?

Identifying support and resistance levels is crucial in trading because it helps traders determine the price range in which a stock is likely to move. Support is where a stock tends to stop falling and bounce back, while resistance is where it faces pressure and may stop rising. This allows traders to decide when to buy or sell.

What is the significance of the 565 level in the SPY chart discussed in the video?

The 565 level is a critical support line in the SPY chart. If SPY stays above 565, it signals potential bullish movement, with the next resistance levels being 570 and 573. However, if SPY falls below 565, it suggests further downside potential, with a target of 561.

How should traders react if SPY fails to break the 570 resistance level?

If SPY fails to break the 570 resistance level, traders should consider selling (taking profit) or buying puts, as this indicates the price is likely to drop back to the support level around 565.

What should a trader do if SPY breaks below the 565 support level?

If SPY breaks below the 565 support level, traders should anticipate a further drop, targeting 561 as the next potential downside level.

Why does the video emphasize the importance of keeping trading simple?

The video emphasizes simplicity in trading because overcomplicating strategies can lead to confusion and poor decision-making. By focusing on key support and resistance levels and reacting to price action, traders can make more informed and effective decisions.

What role does global conflict play in the performance of stocks like Lockheed Martin (LMT)?

Stocks like Lockheed Martin (LMT) tend to perform well during times of global conflict or war because they are defense contractors. The video suggests that LMT is a stock to keep on the radar during such periods.

Why is Exxon Mobil (XOM) considered a good stock to trade based on its range?

Exxon Mobil (XOM) is considered a good stock to trade because it tends to move within a predictable range (e.g., from 115 to 120). By identifying and playing this range, traders can potentially make consistent profits.

What does the term 'range' mean in the context of stock trading?

In stock trading, a 'range' refers to the price levels between which a stock moves. Traders use this range to identify buying and selling opportunities, as a stock will often bounce between support and resistance within the range.

What is dollar-cost averaging (DCA), and how does it relate to Nvidia (NVDA)?

Dollar-cost averaging (DCA) is an investment strategy where an investor buys a fixed dollar amount of a stock at regular intervals, regardless of the price. The video suggests that Nvidia (NVDA) presents a DCA opportunity because of its recent price movements, making it a potential buy for long-term investors.

What is the key takeaway from the video for traders following the SPY chart?

The key takeaway for traders is to focus on the critical support and resistance levels in the SPY chart. Staying above 565 suggests bullish potential, while falling below it indicates further downside. Traders should react to the market by either taking profits or adjusting their positions based on these levels.

Outlines

00:00

📈 Stock Market Pre-Market Prep and Trading Strategy

The speaker begins the video with an energetic introduction, focusing on pre-market preparation and highlighting three stocks to watch. They emphasize the importance of starting the day right by identifying support and resistance levels using the 30-minute time frame. The S&P 500 (SPY) is used as a case study, with the speaker explaining how to trade within a $10 range, from support at $565 to resistance at $573. The video stresses the importance of simplicity in trading, buying calls at support and puts at resistance, and making decisions based on whether the market stays above the support level or not. The speaker also discusses what to do if the support level fails, targeting a drop to $561, and encourages viewers to engage by commenting if the level is lost.

05:02

🚀 Trading Insights and Stock Recommendations

In the second paragraph, the speaker provides a detailed lesson on trading, focusing on the 30-minute time frame for the SPY. They discuss the importance of respecting resistance levels and making in-game decisions based on the market's movement. The speaker introduces three stocks to keep an eye on: Lockheed Martin (LMT), which performs well during times of war, XOM (Exxon Mobil), which is highlighted for its potential to rise or fall based on global discord, and NVDA (Nvidia), which is identified as a dollar-cost averaging opportunity. The speaker encourages viewers to learn to play within a range, using these stocks as examples, and to stay disciplined in their trading approach.

10:02

📊 Analyzing Stock Movements and Market Behavior

The final paragraph of the script provides a closer look at the stocks mentioned, with a focus on their recent movements and potential future performance. The speaker discusses Exxon's rise from $112 to $122, indicating a potential support level at $115. They also analyze Nvidia's movement, suggesting that $115 might be a support level after seeing the stock bounce back from that price. The speaker advises viewers to keep an eye on these stocks and to be ready to act if the market indicates a change in direction. The main focus remains on the SPY, with the speaker reiterating the importance of the $565 level as a key indicator for the market's direction. The video concludes with a call to action for viewers to like, subscribe, and use the speaker's link for free stocks, promising more educational content in future videos.

Keywords

💡Pre-market prep

Pre-market prep refers to the analysis and preparation that traders do before the stock market opens. In this video, the speaker uses it to describe the strategic insights and technical analysis provided to help viewers make informed decisions before the trading day begins.

💡Support level

A support level is a price point where a stock tends to find buying interest and may not fall below. In the video, the speaker identifies $565 as the support level for the SPY stock, explaining that if it holds, the stock could rise. If it breaks, it could fall further.

💡Resistance level

Resistance level is the opposite of support, where selling pressure prevents a stock from rising further. The speaker notes that $570 and $573 are the resistance levels for SPY, emphasizing that breaking these levels is necessary for upward movement.

💡SPY

SPY is an ETF (Exchange Traded Fund) that tracks the S&P 500 index, often used as a benchmark for the overall stock market. In the video, SPY is the main focus of the trading strategy, with the speaker outlining key levels to watch for buying or selling opportunities.

💡Puts

Puts are options contracts that give the owner the right to sell a stock at a specific price, often used when expecting a stock to fall. The speaker advises buying puts at resistance levels if SPY cannot break above them, as it indicates a potential decline.

💡Range

Range refers to the difference between a stock’s support and resistance levels, within which it fluctuates. In the video, the range for SPY is noted as between $565 and $573, and the speaker advises traders to focus on this $10 range to guide their trades.

💡Lockheed Martin (LMT)

Lockheed Martin is a defense contractor, and the speaker highlights its stock (LMT) as a strong performer during times of geopolitical conflict. He suggests adding it to the portfolio as it tends to rise in value when there are tensions or wars between countries.

💡Exxon Mobil (XOM)

Exxon Mobil is a major energy company, and the speaker discusses its stock (XOM) in the context of global instability affecting energy prices. He explains how the stock moves within a range and encourages traders to capitalize on its price fluctuations.

💡Dollar Cost Averaging (DCA)

Dollar Cost Averaging (DCA) is an investment strategy where an investor consistently buys a fixed dollar amount of a particular stock or asset over time. The speaker suggests DCA as a good approach for Nvidia (NVDA), especially when the stock dips to attractive levels.

💡Nvidia (NVDA)

Nvidia is a technology company known for its graphics processing units (GPUs). The speaker mentions NVDA as a stock to watch closely, particularly in terms of its support level at $115. He also suggests it as a potential buying opportunity through dollar cost averaging.

Highlights

Pre-market prep focusing on three stocks to watch.

The lesson focuses on analyzing SPY using the 30-minute time frame.

Identifying support and resistance levels is key to planning trades.

SPY support level is at 565, and resistance is at 570 and 573.

If SPY falls below 565, the target is 561.

In case resistance at 570 holds, consider buying puts and expect SPY to drop back to 565.

LMT (Lockheed Martin) is a stock to watch during geopolitical conflicts, as it tends to perform well in wartime.

XOM (Exxon Mobil) is an energy stock to monitor during global discord, with a key trading range between 115 and 120.

XOM is expected to drop back to 115 after reaching 122, providing an opportunity to trade within its range.

NVIDIA (NVDA) is identified as a stock to watch, especially around its support level of 115.

NVDA may fall to 109 or lower if it loses the 115 support level, but it's a good dollar-cost-averaging opportunity.

Traders should focus on making decisions based on real-time movements rather than predicting outcomes.

The importance of 'seeing profit, taking profit' to avoid holding on to trades too long.

The 30-minute time frame is crucial for making intraday decisions on SPY.

This lesson emphasizes simplicity and discipline in trading—identifying clear levels and ranges to trade within.

Transcripts

[Music]

what's up YouTube listen family this

morning we going to do a little

pre-market prep as well as three stocks

to keep your eye on okay so listen even

though it's early I got a jam-pack video

for you please keep it locked please

make sure like And subscribe help this

video get at least 1,000 likes without

further Ado let's go ahead and dive into

it okay guys jumping right into the

lesson this morning we are on the 30

minute time frame this success tip comes

from the 30 minute time frame look at

the Spy ticker symbol

spy closed yesterday at 5

6862 it is currently down so it has gap

down to

5671 that's at the time of this

recording take your eyes to this okay

always want to start your day off right

you got to always identify support

that's number one thing you do and then

you always

identify

resistance that's this black line up

here okay so you need to know the range

in which you're planning you're you have

a $10 range

okay you got a $10 range

from five

65 that's support that's there to the

upper end is

5

73 okay

573 that's the range that you play

Within you got a $10 range and so at the

support level you buy cost at the

resistance level you buy puts keep this

game simple because if not Wall Street

and the trick tra and for straight crew

will get you okay now check this out you

seen yesterday we they came

down they crashed number

one bare flag crashed down but look at

when they got to 565 look at when they

got here look what happened boom it took

off and went there but now look at this

resistance level this is five7 everybody

right down

570 if the Spy can't get past 570 it

can't get to

573 so you got resistance at 570 you got

resistance at

573 okay so you got to get through these

two levels before you can even go back

to the upside but guess what if we lose

support let me clean this

up if we lose support

okay what happens coach if we can't get

above

570 if we lose support if this

fails if we come down here today boom

and come down the target is

561 okay and so you need to know if we

lose

56

5 we are coming down to 5 61 so long as

we above

565 you got hope to at least

570 if you can't get above that so

that's the range you'll be

in if you can get above that then that

will get you back to this level here of

573 this is all you need to look for in

your day worth of work okay sometimes

the move might not let you get above 570

so you have to take that you have to

take what they give you okay

if they pressed it down past 565

everybody what happens if we lose 565

everybody let me know down in the

comments below okay if we lose 565 I

need you to say we're falling to

561 that's just the next Target it can

go lower than that but you need to know

where the first destination is going to

be okay if we can't get above 570 then

we can't even test 573 this is why I say

don't overstay your welcome this is why

I say see profit take profit because

guys you have endgame decisions to make

it don't matter what the levels are if

they're not letting it go a certain way

a certain height you got to just say oh

man this must be resistance they're not

letting the price go higher than this

let me take my profits let me not try to

hold for $200 more dollars when I

clearly see that I'm looking at my play

and it's not moving it's not going

higher than this price that's what coach

is trying to get me to do see profit

take profit oh he told me on the

downside stocks go up and down when it

goes down he said if goes below 565 and

we lose that level if that level fails

then I need to start looking to the down

I need to Pivot my thinking to the

downside and go to 561 okay but listen

to this if 565

holds okay just like yesterday it shot

back up from 565 to

569 okay so if it holds you just stay

the course everything remains as is you

just respect the resistance levels

that's in front of you 570 573 if we can

get through 570 let me know if that

makes sense guys okay again this is a

game that if you over complicate

it wash you to eat you up okay but if

you learn and keep it simple you will

see there's a bunch of base hits that

eventually lead to home runs but you got

to stay disciplined okay so that's my

morning that's my morning pre-market

lesson for you guys is on the 30 minute

time frame if you're going to make money

today in spy you do it on the 30 minute

time frame by watching if the levels

hold or break that's all you got all

your job is are we staying above 565 yes

or no that's all you got to ask yourself

now you got to make decisions like are

we trading sideways on fire 65 are we

bouncing and going higher is there any

little scalp I can make a $2 move from

565 to 567 you have to make those ingame

decisions but you keep the game simple

based on what you see okay and then if

we get to 570 and you see it can't go

higher than that and you see that

resistance is truly holding boom you buy

puts at resistance and you take it back

down to 565 the game is simple and if

565 fails

is going a lot lower check this out guys

we got three stocks I want on your radar

okay when you have countes throwing

missiles at each other you need ticker

Simo LMT this is lock Martin okay Locke

Martin you will

notice these type of stocks perform well

when the country is at War you will

notice these type of stocks perform well

when the country is at War so just in

the general en put this in your

portfolio at some point in time like

when this blow over but remember this

video remember this lesson okay when

this blow over in preparation for the

next war in preparation for the next

battle in preparation for the next

Discord between countries this will be

one of those stocks that does well okay

Loy Martin ticker L Mt you guys need to

look forward when it's not in Focus okay

so that when it is in Focus like now you

get this 6% uh $6 move or this 1% move

or look at this up five nearly 6% type

of stuff okay these things can do

wonders for your wealth and your growth

of your portfolio Okay now check this

out another one look at this one woke up

from the dead this was just sitting at

115 xim mobile okay energy is something

to pay attention to sometimes they're

either going to go up or they're going

to go down when we have this dysfunction

happening and this dis Discord happening

across the globe okay this is one that

needs to be on your radar as well we

like this at 90 we like to take it to

120 it has mounted our 120 level sitting

at 122 okay when it come back down it's

going to come back down to 115 if you

want to learn to play ranges guys you

can make your 100K by just playing a

range coach told me this go to 120 20

124 it comes down to 115 to 90 if you

just learn just to pick one stock play

the range you'll make up all your losses

once you master the behavior the

patterns and the fluctuation and you can

just keep the game simple you the the

market likes to live within the range

guys throughout years so for this year

for example 90 to 120 when it get a

little bit of momentum it go a little

higher than 120 in 20 21 the level was

137 on this D I ain't seen it get to 137

yet okay so you need to know the stocks

that you know like and love will be in a

Range focus on one identify the range

it's going to do the same thing once

this get done going up it's going to

come right back to 119 117 115 okay I'm

just teaching you that and telling you

that because your 100K is wrapped up in

the knowledge your 100K is wrapped up in

the information wiping away all your

losses is wrapped up in the information

okay so that's

Exon it is up 4% on the week look at

this just I told you it was just sitting

I said 115 it was just sitting at

112 just sitting here but then boom it

crept up on you and this is where I seen

it right here 115 it just seemed like it

was stuck right there for forever it

felt like and then all of a sudden boom

rocket ship to 122 all right so pay

attention to these things guys these are

life-changing moves everything don't

have to always be in the shiny objects

okay you can get money in like Martin

you can get money in exom you can get

money in apple you can get money in this

next one right here too Nvidia ticker

symbol mvda I told you guys to keep your

eye on this one matter of fact this is a

DCA opportunity dollar cost average

opportunity this is sitting at 115 I

told you when this was sitting at 130

this was about come to 117 last

week we're $2 below 117 it hit 117

yesterday it hit 115 yesterday and

blasted to

120 okay look at what it's doing now

it's showing you a sign these little

things are letting you know 115 is

support look at how it's moving it's

testing 11646

11695 look at this stuff guys when

you're doing your DD they're trying to

give you signs throughout the morning of

what they're trying to do where they

want to go keep your eye on this though

because if we lose 11 15 it can be more

pressure to the downside okay I got

targets of 109 107 92 okay in this play

all right so listen Guys these are just

three trade ideas to keep on your

radar in terms of plays to watch plays

to be buying so that you know what you

need to be in cuz guess what these are

just buying opportunities until they

tell us otherwise okay these are just

buying opportunities until they tell us

otherwise but guys the main focus is spy

all

right

565 as I've been telling you from the

jump is the Line in the Sand if we lose

that it's going to come down all right

and they got the potential to bring

other plays down and the market down as

well so focus on that but above it you

stay bullish cuz it just means after we

weather this storm that we got globally

happening we going to go back up but you

have to see that coach ain't saying it's

going to do nothing I react okay I'm

just seeing what they do and I'm

trusting the levels I just laid out for

you listen guys if that was helpful

understand we make videos like this

every day so if you like this one make

sure you check out the next one remember

most people see the end result very Qui

consider the journey do me a favor don't

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using my link below and I'll catch you

guys in the next one peace