$SPY STOCK MARKET UPDATE 23rd JUNE ( BEARS TESTING DEMAND ZONE LAST 2 DAYS )

Summary

The video script offers a detailed market analysis for the upcoming week, highlighting bullish and bearish trends across various stocks and indices. It discusses technical indicators like MACD and support zones, emphasizing the potential for pullbacks and price targets. The speaker also covers specific stocks like Tesla, Microsoft, Apple, and Bitcoin, providing insights into their current market conditions and future projections, while advising caution and due diligence for traders.

Takeaways

• 📈 The overall market conditions are described as continuously bullish with a few technical indicators showing overbought conditions.
• 📊 The MACD indicator is noted to be almost overbought, suggesting that the market may need to 'fill up the gas' to continue its bullish trend.
• 🔍 On a smaller time frame, such as the 4-hour chart, the market appears to be giving mixed signals with a slight bearish trend developing.
• 📉 The 30-minute chart indicates a bearish trend with the market testing the support zone, suggesting a potential pullback or short entry opportunity.
• 📅 The upcoming earnings season and the transition from the second to the third quarter are expected to influence market movements.
• 🚀 The speaker anticipates that the market could test the cloud or support levels, hinting at potential downward movement.
• 🤔 Technical and fundamental analysis is emphasized as important, but the speaker also notes the unpredictability of market makers' moves.
• 💡 The importance of watching for market maker moves and waiting for clear signals before making trades is highlighted.
• 🏁 For specific stocks like Tesla, Microsoft, and Apple, the script provides analysis of their current market positions and potential future movements.
• 💻 The speaker recommends using trading view and understanding technical drawing to better identify entry and exit points in the market.

Q & A

What is the general market condition described in the script for the upcoming week?

The general market condition is described as continuously bullish, with the daily chart showing all conditions looking bullish.

What does the MACD indicator suggest about the market's current state according to the script?

The MACD is almost overbought, indicating that the market conditions are overbought and a potential pullback might occur as the MACD needs to 'fill up the gas'.

What is the significance of the 4-hour chart in the script's analysis?

The 4-hour chart is used to identify a bearish cross down, suggesting that bulls are slightly giving up, but the overall conditions remain bullish with sloping support still intact.

How does the script discuss the impact of the COD (Call of Duty) gaming month and option expiry on the market?

The script mentions that the COD gaming month and option expiry could have influenced the market's bullish trend from April to June, as the market may have been anticipating the earnings season starting in the third week of July.

What is the potential market scenario if the market breaks the demand zone according to the script?

If the market breaks the demand zone, there is a high chance (70-80%) that the market could go lower, especially if the demand zone flips downward after a retest and rejection.

What specific price target is mentioned in the script for a potential short entry if the market bounces and rejects?

The script mentions a price target of around 546 for a potential short entry if the market bounces and experiences a rejection.

How does the script analyze the QQQ (Invesco QQQ Trust) in terms of its bullish or bearish stance?

The script analyzes QQQ as having a solid bullish daily chart but a bearish 4-hour chart, suggesting a potential pullback if support at 479 breaks.

What is the script's view on Tesla's market behavior and potential future movement?

The script views Tesla as being in a sideways bullish position but warns that any bad news could cause a significant drop, as Tesla is not moving much despite the overall bullish cycle.

What advice does the script give regarding trading Apple stock based on its technical analysis?

The script suggests that Apple could be a good short opportunity if there is a bounce at around 208 and a subsequent breakdown, with a potential target of 197.

How does the script discuss the potential trading opportunities for Nvidia and Bitcoin based on their current market conditions?

The script indicates that Nvidia is bearish with a target of testing 125 and advises caution, while Bitcoin is heading to 60,000, suggesting a bearish trend with bulls giving up.

What is the script's final recommendation for traders regarding entry points and understanding market conditions?

The script emphasizes the importance of understanding entry points, market conditions, and having a technical drawing setup for trading view. It advises traders to wait for the right setup and not to rush into trades without proper analysis.

Outlines

00:00

📈 Market Analysis and Predictions for the Upcoming Week

The speaker provides an in-depth analysis of the market conditions for the week of June 23rd, focusing on the bullish trend on the daily chart. They discuss the need for the MACD to 'fill up the gas', indicating a potential pullback due to overbought conditions. The 4-hour chart shows a bearish cross, suggesting a slight give-up by bulls, but the overall bullish trend remains. The speaker also considers the impact of the COD wing month option expiry and the upcoming third quarter, which could influence market movements. They conclude with a focus on the 30-minute chart, which indicates a bearish condition and a potential entry point for short positions if the market bounces and rejects at a certain price level.

05:02

📉 Bearish Market Outlook and Strategy for QQQ and IWN

The speaker continues the market analysis, emphasizing a bearish outlook based on the 30-minute chart, with an 80% chance of a downturn. They discuss the importance of the demand zone and the potential for the market to test support levels. The analysis includes specific price points to watch for potential short opportunities, such as the 54578 area. The speaker also covers the QQQ and IWN stocks, noting the bearish signals and suggesting caution on the long side. They highlight the importance of waiting for market makers to make the first move and the need to be prepared for both bullish and bearish scenarios.

10:04

🚀 Sideways Movement and Earnings Season Impact on Stocks

The speaker shifts focus to individual stocks, starting with Tesla, which is described as 'sideways bullish' with a potential for a significant drop if negative news emerges. They caution about the overbought market and the upcoming earnings season, which could lead to a healthy pullback. The analysis includes specific stocks like Microsoft, Apple, and Nvidia, with varying outlooks. Microsoft and Apple are seen as overbought, while Nvidia is identified as a potential short opportunity. The speaker emphasizes the importance of technical analysis and market conditions in making trading decisions.

15:05

📊 Technical Analysis of Stocks and Cryptocurrencies

The speaker provides a technical analysis of various stocks and Bitcoin. They discuss the bearish divergence in Bitcoin's 30-minute chart, predicting a drop to 60,000. Stocks like Qualcomm, Square, and PayPal are also analyzed, with Qualcomm showing a bearish divergence and Square testing its support area. The speaker advises on potential short opportunities and the importance of entry points, noting the need for patience and understanding of market cycles in trading.

20:07

⏳ Waiting for Market Signals and Trading Strategy

The speaker concludes the analysis by emphasizing the need to wait for clear market signals before making trades. They discuss the importance of understanding entry zones and setups in trading. The speaker also mentions the use of trading view and technical drawing classes to better understand market lines and values. They provide a final update for the coming week, focusing on Monday's market opening and the potential for market makers to create traps.

Keywords

💡Bullish

Bullish refers to a sentiment or market condition where the outlook is positive, expecting prices to rise. In the video, the speaker describes the overall market conditions as 'continuously bullish,' indicating that they expect the market to perform well in the upcoming week. The term is used to analyze charts and predict future trends, such as when the speaker mentions 'bullish right here so, what do we need to see here folks.'

💡Overbought

Overbought is a term used in technical analysis to describe a security that has risen in price to a level that may be unsustainable and could lead to a price reversal. The speaker uses this term when discussing the MACD indicator, stating 'macd is, almost overbought,' suggesting that the market might be due for a pullback or correction because it has risen too high too quickly.

💡MACD

MACD, or Moving Average Convergence Divergence, is a popular trend-following momentum indicator used in technical analysis. The speaker mentions MACD multiple times, noting that it is 'almost overbought,' indicating that the market may be due for a correction. The MACD is used to gauge the strength, direction, momentum, and duration of a trend, as seen when the speaker says 'macd need to fill up the gas.'

💡Support

Support in financial markets is a price level where an asset tends to find a stop on its decline, as buyers become interested at that level. The script refers to 'sloping support' and 'demand zone,' which are areas where the market has historically found support and is expected to do so again. For example, the speaker mentions '544 that's your demand Zone on 544,' indicating a critical level to watch for potential reversals.

💡Bearish

Bearish is the opposite of bullish and indicates a sentiment or market condition where the outlook is negative, expecting prices to fall. The speaker uses 'bearish' to describe certain market conditions, such as '4our chart is, telling me that little bearish,' suggesting that the market may decline in the short term.

💡Gap

A gap in a stock's price chart is an area between two candlesticks where the price did not trade during a specific time period. The speaker mentions a 'gap between the signal line and the MACD,' which indicates a divergence between the indicator and the price action, potentially signaling a change in trend momentum.

💡Option Expiry

Option expiry refers to the date on which options contracts become invalid if they are not exercised or sold. The speaker discusses the impact of the 'Cod wing month option expiry' on the market, suggesting that the market's behavior can be influenced by the expiration of options contracts, as seen in the context 'option expiry was last, Friday right so this is, the June month right.'

💡Earnings Season

Earnings season is a period when publicly traded companies release their quarterly financial results. The speaker anticipates the start of the third quarter and the associated earnings season, which can influence market movements. The term is used when the speaker says 'end of July all the earning starts,' indicating an important time frame for investors to consider.

💡Resistance

Resistance is a price level that an asset has had difficulty surpassing, as it is an area where sellers are more likely to control trade. The speaker discusses resistance levels for IWN and QQQ, stating 'iwm has a resistance folks every time we go to 200 rejection,' which means that the price has repeatedly failed to move above a certain level, indicating potential downward pressure.

💡Divergence

Divergence in technical analysis refers to a situation where the price of a security and an indicator move in opposite directions, which can signal a potential reversal in the trend. The speaker mentions 'bearish divergence' for Bitcoin, indicating that although the price may have been moving higher, the indicator was moving lower, suggesting that a price decline might be imminent.

Highlights

Market conditions are continuously bullish according to the daily chart.

MACD is almost overbought, suggesting the market may need to consolidate before moving higher.

The 4-hour chart indicates a bearish cross-down, with bulls slightly giving up, but overall conditions remain bullish.

The market is overbought, which may lead to a pullback, especially with the third quarter starting and earnings season approaching.

The 30-minute chart shows a bearish trend with the market testing the support zone at 54,040 area.

There's a gap between the signal line and the MACD on the 30-minute chart, indicating a potential bearish takeover.

The QQQ daily chart looks solidly bullish despite a powerful supply at the top.

The 4-hour chart for QQQ is bearish with support at 479, suggesting a potential bounce if support holds.

IWM (Russell 2000) is bearish on the 30-minute chart, with resistance at 200, indicating caution on the long side.

Tesla is described as 'sideway bullish' with a warning that bad news could cause a significant drop.

Microsoft is bullish on all time frames, but the 30-minute chart shows it is overbought, suggesting caution on the short side.

Apple has broken major support, indicating a potential short opportunity if there's a bounce and subsequent breakdown.

Nvidia is bearish with a price target tested at 125, suggesting further pullback potential.

Bitcoin is heading lower, testing support at 60,000, due to bearish divergence.

Qualcomm shows a bearish divergence despite an overall bullish condition, suggesting a potential short opportunity.

Square is testing support and is considered weak, with any bounce being a good short opportunity.

PayPal broke sloping support and is in a bearish territory, indicating a potential short opportunity on a bounce.

Transcripts

welcome to top 30 G um uh today Sunday

uh 23rd June and let's take a look at

the market see what Market going to look

like upcoming week all right so this is

daily chart folks right here as you can

see market conditions are continuously

bullish nice and bullish right here so

what what do we need to see here folks

okay couple of

things right now this is daily chart

means all the conditions everything

looking book so uh bullish so macd is

almost overbought right conditions are

overbought and that's why we need to

fill up the gas macd need to fill up the

gas and that's what could happen we got

to find out so let's go in a little

smaller time frame so this is the 4our

chart folks so what do you see here 4our

charts the mag

looking right here magd looking bearish

cross

down right Bulls are

slightly giving up right

but conditions continuously bullish

sloping support is still intact right

but it's overbought and that is the

reason we have little pullback this is

4our chart folks okay so 4our chart is

telling me that little bearish and there

is a gap between the signal line and the

macd so bears are taking over but we

have to also keep it in mind folks

remember we discussed about the Cod

wiing month option expiry was last

Friday right so this is

the June month right and then we have a

third quarter starting from first July

third quarter starting so that will be

like you know just imagine folks today

is already 23rd and then the earning

starts in July end of July all the

earning starts not end of July but you

know in know third week all the earning

Bank earning starts so pretty much you

have like 3 to four weeks Max then again

earning season will start right and then

that will continue for another 2 months

after that so that is the reason Market

did look at that market went up up up

continuously from April until all the

way to the now June so that's why M

looking bearish and I'll be not

surprised folks that market will not you

know you could go and test the cloud all

right so every time over here also

Market was going up and up and up right

this is third 4our chart folks a 4our

chart is a lot right and you can see

went up went down went up went down so

let's look into smaller time frame so 4

Hour chart is already looking bearish

but bulls has a power all right now

let's go back into so technical

fundamental class applies folks remember

technical fundamental class applies but

you also need to understand everything

else conditions and all right that's why

I said bullish but bearish right all

right so let's go and look into smaller

time frame now to find out for what's

going to happen in coming week all right

so let's look into one hour chart just

just in case see what happens M already

in a bear territory bears are in control

right condition starting bearish so

hourly chart we are testing the support

zone 5 40 543 area right there let's

look at the 30 minutes charts I need to

look at 30 minute charts right so over

here folks 30 minute charts mag in a

bare territory trying to bounce look

like condition is

bearish condition is bearish right

now okay look at that so what what do I

see here 30 minute 30 minut CH give me

at least uh some idea okay folks so

sloping support Market broke this is

your demand zone right here

544 that's your demand Zone on 544

Market is right now resting okay last

two days Thursday and Friday Market keep

testing the floor keep testing your

demand Zone condition bearish right so

if you ask me on a coming week right if

Market maker decide to take it up nobody

knows most likely 70% chance it if it is

bouncing it would be a good entry to

Short

right but you need to look for the

rejection remember how to be short you

need to make sure the rejection is there

so right here that's the reason I put

the price Target

54578 means somewhere around 546 doesn't

have to be precisely that but that's the

range you need to look for tomorrow if

Market bounce and have a rejection and

then try to dump and trap all the Bulls

remember you have to keep it in mind

Market maker Wall Street is there to

make the money off of you not for you

right and that is the reason I said that

look if they want to go down they will

take you to the Moon if they want to go

down if they want to go up they will

take you down this is8 out of 10 time

they do sometime they do directional

also but just to give you all right so

Market since the market is overboard

that is the reason so we need to wait

for let the market maker go first not me

and you we don't have the power they got

the power let them Market makeer plug

the money hose the you know buy and sell

whatever they do so that's why we need

to find out so these are the two area

folks very critical Junction most 70%

chance based off of that on 30 minute

charts okay we I'm not looking at the

daily chart everything looking bullish

looking at the 4our chart slightly

looking started bearish 30% bearish but

looking at the 30 minute charts is

telling me that we have a 80% bearish

chance 30 minutes remember depends on

what chart you're looking at it that's

why I said but you need demand Zone to

break if the market breaks the demand

Zone 544 and break re bounce and retest

and then go down then confirm that hey

they want to go lower now once they want

to go lower folks then we could come

Market could come back to I'll be not

surprised okay I remember this what I'm

saying here I'll be not surprised if

they want to come back these are the two

area either they take test the support

line This is the sloping

support right here hold on a second let

me see this is the wrong one oh

yeah so somewhere around this area let

me get rid of this somewhere around here

5:30 so H the pull back by the time they

pull back this area Okay so remember

today is 23rd June I'm saying here that

demand Zone

flips right retest rejection then men

they could go lower all right and

chances are 7 to 70% 80% chances that

could happen once the demand Zone flip

downward all right so that is your uh 30

minute charge let's look into a little

one minute chart see what happens yep so

right now is the condition is very tight

for Friday look at that low Bond range

right here and everybody was thinking

Market could go lower whatever it is

right now low Bond range so yes I don't

see much here folks action on one minute

but I need to go to 5

minute 5 minute also not going to help

me much but yeah it's the same signal

same message I'm getting uh pretty much

so we need to wait for something to

happen on Monday all right so these are

the area to look for you can take a

picture click a screenshot and see what

happened be side bull side

if it is Market poking through the

54578 and they want to go higher well

then let the market break retest come

back and bounce then it is bullish and

we could go higher right here there

always both side of the coin has a two

side you cannot be one-sided you never

know right but so far this is what these

are the price point to look for it so at

least you get you some idea all right

that's your spy let's go back and look

into

qqqq QQQ daily chart looks solid bullish

folks look at the chart right now on the

daily everything conditions are bullish

we just had a powerful Supply starting

right there at the top but too early

okay so let's look into little smaller

time frame to get the better

idea smaller time frame 4 Hour let me

look into 4

hour yeah magd bearish conditions are

solid bullish um God knows when they're

going to bounce right right now beish we

have support look at the support we draw

479 that's where the market is all right

let's go into so 4our chart is bearish

right as you can see bear has a power

but I need to go look into 1 hour

bearish L 30 30 minutes I want to look

into all right so 30 minute chart is

telling me for my most likely penalty

should Corner we going to probably

rejection comes and we could go lower

also if that happens folks QQ could be a

good shot folks I think this week man

this week if really really support

breaks right here folks this is right

here support break this support 479 QQQ

could be a great shot okay could be a

great shot if that happens all right and

look like building up you need the wind

trying to blow the South Direction

that's why I said so all right so keep

that thing in mind this is your be side

the bull side if the market want to go

higher on QQQ then you got to keep a h

484 so this is the channel to remember

484

478 the so you have a huge range to play

on QQQ if the QQQ wants to play hold on

a second man

sorry QQ doesn't want to play right here

this range my B tight

range all right so 480

483 and 470 tight tight tight range

right there okay if we poke through this

then it could be bullish and could go

higher because it's a Monday remember

fresh week starting FKS it's not the

middle of the day middle of the week

video this is a um you know pretty much

now there's a lot of lot things we need

to apply remember what I said is that we

have now second quarter pretty much over

and June month end is coming pretty much

is done and then the July earning

starting in know 3 week so Market might

be overbought so they might pull back is

the healthy one to pull back so that

could be the event to keep it in mind

and technically also telling that's why

I say 70 to 80% chance can happen just

need to wait for to something to happen

because they don't want to

go with you they want to go alone so we

never know how they're going to plan

we'll find out that's why I said we're

going to find out but we always need to

look in the market condition that's what

it looks like to me that the monies are

right now they're selling all right same

thing so these are the area to keep eyes

on uh QQQ let me look into just a

smaller time frame to get some

idea yeah yeah it's a compression right

here folks very very important these two

area

483 and

479 these in between here something to

happen it's a compression and now the

fresh week starting whatever Market

maker play the game we need to watch

right on a Monday so let's see whatever

happens folks okay on Monday right

there okay that's that thank you iwm

let's look into iwm

iwm 30 minute chart not much on thir is

side iwm

is so you see that uh last Friday we

discussed about the iwm that hey folks

iwm is little um bounce resistance is

right there that's where it's very tight

tight tight hold on second 200 that's

why we tested

right iwm has a resistance folks every

time we go to 200 rejection 200

rejection 200 rejection so be careful IW

on the long side folks okay watch out

tomorrow all right so if if you want to

be bullish you want

iwm Russell 2,000 to cross 200 in order

to bullish until then is bearish okay so

keep that thing in mind you want this

thing to be break then only bullish to

go to

202 all right but if this got a

rejection it could be a good shot to go

to 198 right that's your that's what I

would look into it tomorrow see what

happens look like bearish right now we

had a diverent even here also like look

at that Thursday had a diverence so bear

has a more control on iwm right now

that's your iwm too so iwm QQQ and spy

all three of them are looking bearish

right but fresh week starting see the

what kind of trap they will create that

what we going to figure it out on Monday

Morning Market opens up going to give a

little time and I'll give my running

commentary if you are new to the

community folks I'm always here on live

you can join to the uh YouTube live

every day I come just a second if you

want to join right here you can type it

in on YouTube top trading Edge I go live

morning 9:30 to 400

p.m. right here these are the live 7

hours goal I go live 7 hours 7 hours

morning 9:30 to 4: okay then

uh I also post market update video right

here these are the video every day every

weekend I post about market update video

right

and we're going to look into more into

other stocks so let's look at the Tesla

what Tesla look

like Tesla is bullish and sideway okay

so I be already discussed that Tesla is

bullish last few days and look at that

Tesla is bullish means not a bullish

bullish bullish it's a sideway

bullish all right

so if you see ma trying to fill up the

gas and priz actions are not going up

what does it mean that means if any bad

event bad news come Tesla could will be

Kaboom remember that that's how it could

happen uh because you know in the bull

cycle Tesla is not even going look at

that make a bull but when we had a bear

look at the bear downum Dum down but now

we have bullish cycle going on but the

Tesla is not moving much so be careful

all right so bullish but small smaller

time frame bullish something goes up and

then pull back you see this this is what

they're doing let's look into the

smaller time frame

Tesla

okay one second I need to look into 1

hour the wge is building right here look

at that could break upward could break

downward so these are the these are the

the point still in the play which we

discussed right so keep eyes on these

are the priz area folks the the pent is

right there most

likely most likely you know if we break

this we could go lower most likely we

could go lower and 180 we could test

right and the upward side 186 area to

break to go

to1 right so these are area to watch out

see if any breaks most likely go go

lower so overall uh

Tesla is like sideway bullish sideway

bullish but if you look at the smaller

time frame is bearish right now in a 30

minute CH sorry 1 hour chart is pent

bullish pent but it could break downward

and we could test not too far so 180 is

your strong support remember we poke

through we test and we break probably we

bounce and we could go higher we can

bounce or we break then we could go

lower but not much too much five5

$6 you know five I mean $10 or something

like that we could go if they want to go

because every time Market comes to this

area 1737 175 we are bouncing Tesla

right that's why Tesla is be careful

it's sideway if you are a selling option

then it's great but if you're buying be

careful it's dangerous earning coming

into okay um

then we're going to look into

Microsoft all right so Microsoft on a

one hour chart looking

bullish daily chart looking

bullish 30 minute chart chart is also

looking bullish but it's just overbought

so I would not touch Microsoft on a

short side even though if you see

something um yeah be I would be very

careful on a Microsoft because I don't

see any weakness if I see weakness I'll

let you know but I don't see apple I I

see a weakness on Apple Apple could

Apple is major major support right here

we just broke folks okay so I love apple

on a short side if they really go so

what remember yesterday we discussed

earlier we discussed that apple is at

man Apple could be a good sh folks Apple

could be a good shot if this bounce

tomorrow at 208 or something and break

down easily GL down Apple heading to

197 let's see what happens tomorrow

little bounce and then go down so most

likely ort could be a good pullback all

right because there's empty Pockets here

man you could Brint crazy money if that

happens normally you know what Apple do

folks let me see daily

chart no there's no Gap here

okay yeah so Apple would be a great shot

if if if you see something right right

here sloping resistance any bounce

stronger

bounce right and Market test rejection

is a good shot to go down

app now disclaimer folks you have to do

your due diligent before you enter into

any of your trade it could be very very

risky folks you could blow up your

account so watch out okay uh Nvidia NV

Nvidia was bearish we discussed already

four five days ago that n Nvidia could

be is now slowly slowly n going and my

price Target was here with test 125 look

at that still bearish condition still

bearish so Nvidia folks be careful

Nvidia could be a pullback coming yes

any bounce is a good shot Nvidia right

here if you see Nvidia 130 is a good

sh Nvidia

okay again the brand new week starting

so Market might pop little bit little

bit on Nvidia and then probably push

back whatever they will do we'll see but

most likely all right so Nvidia has we

need to Market has a support strong

strong support right here so that I

would not short like that if I need to

short I want to short at the top area

where I see a rejection you see this

went up up and then rejection same thing

could happen here then is a good shot if

they break here then you want them to

pull back and bounce and

retest right like like

like some of the support where you

Market breaks the

support right you support right here you

see this broke bounce retest and

rejection and can be went down similar

like that even went to check okay this

is 30 minute chart that's why so n has a

slightly demand Zone that's why I expect

a bounce and then probably could go

lower so where could Nvidia could go if

they want to go most likely this area

all right 117

lot of stocks for probably could could

happen Okay that up to you all right and

that's Andia we looked at Microsoft AMD

what else I need to look into

Bitcoin so Bitcoin 30 minute ch right

here so Bitcoin looking little bearish

as we discussed and we are testing we

broke the support a little bit now we

are head to 60 right here MD enter into

B territories which is healthy folks

okay MD filling up the gas not Bitcoin

moving too much Target is 60 right here

these are the area Bitcoin is heading so

if you shorting Bitcoin man you will be

great right now Bitcoin so Bulls are

giving up all

right just a second get rid of this so

heading Bitcoin heading to 60,000

because of the bearish so we discussed

this is the bearish divergent Bitcoin is

bearish we are heading to 60 all right I

was expecting a little bounce but they

good bounce but they didn't bounce only

look at that two candle bounce that

minor bounce so right now Bitcoin

looking horrible want to not super

horrible heading to test the 60 all

right

so maybe we could go lower also for a

little bit okay but right now just keep

it in mind Bitcoin heading wants to go

lower that's your Bitcoin uh any other

stock to look into it let's look at into

ccom was solid

bullish right so call wow look at the sh

ccom looking great short folks look at

the diverent do you see that wow man

Qualcomm is a great shot folks wow man

we missed it if somebody shorted at the

top would have been great shot that's

okay still bearish ccom looking bearish

but condition is bullish so I'm not

going to go man oh all right so you you

you want anything to buy bounce right

here if the ccom get bounce and right

this area and rejection if you see a

rejection ccom is a good shot to go

to right here calcomm heading to 190 all

right there a ccom we of bearish

diverent look at the overboard super

duper overboard ccom is so you you know

any good bounce is a good shot on colcom

for a longer time frame this is daily

chart so a little longer time frame okay

I would give few weeks easy minimum

month okay that's your ccom uh I guess

that's about it Qualcomm Microsoft Apple

we look into

um

coin bearish Divergence still bullish

but not much we had a bounce coin

looking bearish folks okay so coin is

heading to this area so coin Target is

right right here this is where coin is

going coin looking nice and bearish

folks look at the coin wants to easy go

look at that coin all right target is

that and the coin could go probably oh

yes absolutely heading that 187 in a

within a month it could easily reach the

here all right that t coin then uh

Square somebody was me asking me about

the Jorge Square so I said square is

look at that testing the support area

right here so Square got a little bounce

butare Square still has a weakness F so

be careful any bounce is a good shot

because of the conditions so if you see

Square bounce is a short 67 short to go

down um because right now magd hugging

and kissing means

is is

bullish but condition is bearish so I

don't like to go be bullish I like to go

short side but when when they go and

retest the top roof and then we find the

rejection like this you see this Bend up

and then rejection you short this to

this that's the that's how I trade to

catch because the wind is blowing in

South Direction make in bad territory

only thing is the hugging and kissing is

that's the area all right so got to give

a little

time uh you sometime people need to

understand you need to learn Le to wait

when thing happens it doesn't you can't

just when you can't just wake up and say

oh I got a money let me go and put it in

the market on Square no you you got to

look where the entry zone is you got to

look for setup that's why you notice on

whatever cycle you trade folks

everything is all about entry you have

to understand when I mention about oh

Market is bullish I in the intraday I'm

bullish for five minutes and then I'll

be bearish for 10 minutes another one or

I could be bullish for 30 minutes

depends on what CC exactly right so you

need you need you all need to understand

all those parts

folks all right so this is daily chart

when I mentioned that's why I tell

everybody folks you need to trading view

setup drawing class technical drawing

and you

know technical drawing class we have

right you to understand the value of

daily all the lines I draw

values need to understand all

that all righty that's your Square

PayPal PayPal was selling enough right

so let's look into PayPal so what PayPal

is doing now PayPal is broke the sloping

support beish So PayPal could be a good

short if any bounce comes we could go

lower so there is a bounce coming in

PayPal mag in a b territory so PayPal

currently little bullish you might see a

bounce 60 couple of dollar maybe

three4 right and then rejection to go

and test the

5784 that's what people look like make

in a b territor so this is the channel

follow the

channel going down going up maybe we

already test this but right now in a bad

territory we did came down bounce came

back I think folks um PayPal is is good

bullish trying to be little bullish how

far it bounc because in a bare territory

but that I would not go short side right

now I would go long if I have to go how

far it Go reject

maybe a cloud or something around

63 this

area might be a rejection and if that

rejection come then we could go lower

right so from here to here is bullish

from here to here is bearish so it's a

lengthy process of 1 month okay before

earning that's PayPal H folks let's call

it a day guys I guess these are the

update for this coming week uh at least

Monday and uh see you guys other than

that and see you on Monday morning folks

morning 9:30 all right don't forget to

click the like button and subscribe

button folks see you tomorrow all right

thanks