Today LIVE Trading 30 Minutes and D O N E $$$
good morning everyone can i please have a quick sound check before we begin good morning everyone and welcome to the trade out loud trading room my name is anka metcalf and today's wednesday july 21st 2021 welcome everyone let's start with earnings they are the fuel behind the moves in the indices today coca-cola reported earnings baker hughes harley-davidson um we have verizon comerica nasdaq johnson johnson some of the big names that have reported pre-market and we have many more names that have reported that we'll be reporting after the market close like whirlpool las vegas sands discover texas instruments equifax netgear uh kinder morgan csx and more last night we had earnings from netflix netflix really big company um into nasdaq and the earning results left the stock sideways it's trading on support 520 is support for it so this is a really good example if today we're going to hold the 520 this is going to be very interesting to watch for tomorrow and especially it may be a trade for next week for those of you that do not trade stocks it's a good watch because as we're gearing up for next week next week we have a plethora of tech companies that will be reporting earnings let's dive into the calendar and let's see what we have scheduled for the trading session today at 10 o'clock we have crude oil inventories and that's pretty much going to be it so you can see that oil is running before the numbers yesterday i did point it out that we need to watch the four hour candle how it closes it triggered the four hour after making a new low here we have the line in the sand this is the minor support area it's not a line it's not at 66 56 no it's the whole entire area that's why it just balanced around this is coming from this prior pivot high when i'm talking about the minor support area it is deriving from a prior pivot high and take a look it's back from may so we have a pivot in may pivot high may pivot low in may and we are holding the area of the pivot high you can see how we are retesting yesterday we had a doji we went a little bit lower but then we closed in the dojo we went higher and then we closed then we opened today and we opened exactly into the minor support area to the t take a look at this area right here 66 66 and take a look at this area 66-66 the glue and the line in the sand was on the four-hour yesterday we had a four-hour rotation after diving a little bit lower we had a four-hour rotation popped and then it stabilized through how the whole throughout the whole entire night that 66 66 area that 66 50 coil around created a level of support for today's price action from which it popped higher and then of course we had the breakout we had the breakout from yesterday's range and we had the pop-up we noticed the size of this candle as it was approaching the 20 simple moving average it slowed down because we had a full throttle blow out here breakout and then as we were reaching this dynamic resistance into the 20 simple moving average the price slowed down you could see the size of the candle so we had one candle that went from 70 from 0.70 so from 66.70 all the way to 68.20 and then we had a little baby candle here that decided which way we're gonna go because if we break down below 67.70 there's a really strong chance that we're going to come in again but we have triggered an initiation higher and we can expect for the price to follow through all the way into the 70s again so we do have oil inventory numbers at 10 30 they're scheduled at 10 30. and we're gonna watch the price
we're gonna wash the price if we get a trade i typically don't take trades ahead of oil inventory numbers and there is no setup that is lining up on um on either of the time frames so we're just going to continue on watching it and if we get any calibration after the oil inventory numbers we're going to take a look at it because it has a lot of room for the upside this is this is going to be a first target into the 69 and then we have a target into the 70s so it's going to be about a dollar move right here that we can expect from 69 to 70. gold is back down into minor support and it is still coiling around this dynamic support once again this 20 sma so it came down in today's trading session today is down eleven dollars close to twelve dollars eleven dollars and seventy cents 0.65 percent to the downside no decision into gold as long as gold on the daily chart it will be trading in between the 200 simple moving average the 50 simple moving average which forms the cluster dynamic resistance and because it is trading into support from this minor support level and also from this 20 sma dynamic support the price is not going to go anywhere the price needs to either break out or break down that's that's where the big money is so they're waiting patiently either to break down or to break out no trades in between let's take a look at the indices right now and they have recovered most of the losses from monday we have 173 points up in the dow right now just before the open two and a half minutes before the open the smp is up 12 points percent we have russell that is that fifteen point zero point sixty eight percent it is the most advanced index it's getting ready for an hourly rotation even though it has a 200 simple moving average right above it that is going to create resistance you can see this line right here so that is resistance for price okay here it is just zoomed it in okay so this is resistance for price typically any rotation 20 to 11 is going to be the breakout area 2211 with room to progress higher into the 2216 room to progress higher into the 2220 22 26 and 20 to 38 these are the targets this is the game plan this is the port right here at 2200 if we break below this level the next support area is 2184 and so on we're going to take it one minute at a time we also have nasdaq that is weaker today so uh weaker nasdaq like i said netflix didn't really perform that well uh lost some subscribers nasdaq is down 20 points that's not a big deal that could be a bar on the five minute or the 15 minute so it's mildly down close to i would say a break even level the only thing that it doesn't have in its favor right now is the fact that it has a lot of resistance in the overhead uh the trigger from the one hour which is into the 14 713 is right into the 10 ema that is posing a lot of resistance and so is the 20 sma it's creating tons of resistance we need to see the price pop up above these moving averages and regain the pattern regain the momentum because as you can see here the overnight training session forum support at 14 687 but what happened at seven o'clock we had a little blip violated the prior low and we also have a lower high so we really don't know if this is the high this is the lower height this is the low this is the lower low if the price is going to violate the 14 667 we're going to see a downward move possibly into the 14 644 at which point we become bullish again so it's much safer to wait for a pullback in this area then shorted because it's not going to be probably longly lived okay um in s p we have a bullish above level of 43 38.5 if we break above this level we're going to go higher we also have resistance right below the trigger point into the 34 34 and a half and we need to digest this because the price came in tested the area and came back down luckily for us it's leaving some really cool footprints the pattern which forms because we have a little mini trigger on the one hour right you can see that this candle trading above the prior high so it has initiated momentum so we're having a higher low so we have low higher low higher low and we're having a little bit of a higher low rate here which means that we have more chances at this point at this moment for a continuation higher than a rejection below and same with the dow low higher low higher low and a higher load this is the more aggressive approach to the upside you can see that it's also finding the 200 sma right here so there are three indices that are a little bit stronger that rallied into the 200 simple moving average once the price gets above that 200 simple moving average it will have the power to um possibly stay above and continue higher it needs to digest that 200 sma so once again the dow the s p and russell need to stay above that if they stay above that 200 sma and this is going to be the pivot we are going to start moving higher i actually like these patterns a lot um i actually like russell russell is uh getting ready for rotation right now the trigger point is 22 11. yeah let's do this 22-11 wrestle long the stop is going to be under 22 22-0 22-11 russell long here it is triggered so put the stop under the 2200 we don't want to put stops right at the whole number that's a huge flag for these algos the target is going to be targeted 1 is going to be 15 22 15. then we're gonna be looking for 22 seventeen and a half twenty two twenty 2220 is going to be a big one 22-22 and 22-25 and if we get in the last two targets by trailing we're almost there we're almost at target one here we go target one is hit i took half off i'm raising my stop to break even raise the stop to break even we have 17 and a half for target 2. 17 and a half for target 2 and right now our stop
is at break even the break even is 22 11. really coming in didn't have time to move these charts on the five minute the place we're setting up off the major time frames of the one-hour charts this morning much much powerful much much much more powerful you can see that 2211 we lifted the stop and break even not only because it's our break even no we lifted the stop because this is minor support for ongoing price action you can see these resistance areas here these pivots are forming support for ongoing price action now we need to break over this 17 okay we need to break over 17 if we see a print of 17 we are going higher the other indices are going higher as well russell was the most advanced index the other indices are just catching up with price we may have another trade i really like ym if we take yn the trigger point is going to be 34 twenty three to twenty four and the stop is gonna have to be this 500 so we don't get wiggled out because look at the tails look at the size of the tails always evaluate the size of the tails because that will represent the wiggle all right we're two takes away from target two and rty keep your eyes on the prize i'm gonna scale out another quarter and i'm gonna leave the last slot for further trailing into targets possibly into the 220 222 2222 2225 we have a nice one minute sandwich we have already triggered a two minute continuation awesome riaz good job awesome awesome awesome loving it we may be lifting the price a little bit maybe lifting the price a little bit look at our target at 17 and a half there is a small tiny resistance at 17 and a half and that's why we have the target into that area nasdaq is trying to catch up another sandwich developing in rty if we get our 17 and a half it's gonna pop to 220 to 22 20. if we get the pop if we get the pop we need to see our target hit 20 to 17 and a half and that is going to be the trigger for higher as well all indices are holding nasdaq is recuperating lifting 14 points up i'm also keeping my eyes on russell for a possible trail into 13 possible trail 13. keep your eyes on the prize all right come on 17 and a half nice base off of the one minute look at this we break above we move higher if we violate the 13 i think we're going to start coming in but we still have uh we still have this 10 ema right here so the price is trying to regain the momo off of that 10 ema if you want to stay in the game a little longer you could put your stop and break even little divergence here little divergence uh okay so we have the first five minute the second five minute candle with the low 12.6 um i'm gonna put my stop at 11 so i'm going to keep 11 right now i'm going to keep that 11 break even break even so i'm still in with half still half in see this 11 right here let's keep it 11.
okay we may have a trade in the dow why am lining up uh here's the trade and the doubt long 34 625 the stop needs to be under 34 500. just give it a few ticks below 500 we don't want to be detected by elders we have target 650 670 680 700. now stack pulling back we need to really see how that closed on the one minute below this 10 ema not a good sign we need to hold on hodl 10 ema right here hodl 10 ema it's either five minute five minute not happy five minute wants to retrace this is minor support we're still gonna keep this we're still into this with a uh with half the size all right if we see a print if we see a print of 2215.1
in russell we're starting to go higher here it is boeing is very strong this morning has regained the area above the 200 simple moving average home depot with a mild gap up pulling back a little bit but still uber strong caterpillar moving higher these are some of the dow stocks also nike is into a daily rotation axp financials are strong jp morgan is strong morgan stanley's pending breakout massive breakout over 94. and 30 cents 30 30 to 35 cents uh breakout 3m very strong pfizer and myrrh coming in bank of america is strong let's go let's go we have target 2 achieved in russell skill sun out scale some out uh uh ym made a high of 620 we have a we have a trigger at 6 25 we have a new high in russell 18 we are two points away from achieving target number three it's gonna be a short trading day because we're gonna be gone uh we're gonna be done soon okay we are less than one point away from target number three at 22 20. six ticks away two ticks away bingo one more to go i mean two more to go we have 22 22 22 25 and at this point trailing trailing only there is a resistance area that is not present on oh yeah it is let me see new york trading session charts resistance at 22 20 22 24 this is 22 22. all right so 22 22 to 22 24 resistance nvidia daily rotation following yesterday's inside bar nvidia split so it's trading right now 191.80 all right we are one literally one take away one one take away from the target at 22 22 22 which is target four target number four 22 22-22 we hit a high of 20 to 21.9 we're heading into massive resistance which is that the 2223 to 22 24.
see how it's um it's really trying to knock this level out this is a huge level huge i'm looking at the time it's 9 47 we're gonna start trailing a little bit tighter in about 30 seconds awesome keith rocking and rolling awesome awesome awesome four seconds two one trail right now is going to be hold on i'm i'm having my cursor that is stuck here okay all right the trail stop is 19 22 19. lift the stop 22 19. rty trail excuse me 22-19 trail stop all right ym nice 650 target 1 hit half out bring the stop to break even in ym bring the stop to break even nym ym stop to break even stop to break even ym stop to break even wyoming next target nym is 670. right into this dotted line right into this dotted line we need to stay strong maintain the momentum we have initiated two minute continuation we are into this six six six yikes here's the 70. target 2 hits we're going to start entering the trail phase in one and a half minutes we need to blast over that 70 75 we need to blast it if not the price is going to start coming in awesome riaz awesome i love earning season guys the these six weeks are gonna be good have a feeling they're gonna be good awesome 68 out yeah i mean i'm telling you i'm i'm trying to hold this because i'm scaling out scaling out but we have um about 45 minutes into a trail 45 min 45 seconds i'm sorry 45 seconds into the trail we hit 50 we hit 70 i'm only one lot left and we're going to start trailing russell as well russell is doing really well we're going to apply a trail in russell very quickly now russell trail is still at 19. all right let's keep ym the rest still at 25 because we have skill down we have made a lot of money on its way up and time to look again at russell russell is delivering big big time we nailed it we nailed russell here's the 25 guys this is the last target but we're still into trail mode bring this stop bring the stop up um see it's it's holding a nice shelf into the 24 and i have that in the newer trading session chart so i have that shelf at 24. we don't have it here so that's just your trading session charts
um you can see here 26 that is that absolutely target okay that is a little target if we break above this we're continuing massively to the 38 okay keep this stop and break even still in ym we don't have any other trail that we can apply okay so right now we're in trail mode and everything wire needs to break above that dotted line do you see how uh russell did it well now we need to do the same and we're also entering another um buy area in nasdaq so nasdaq has a potential trigger into the 14750 it's the laggard it's the laggard and it can potentially have a stop i'm not going to do it but it is a valid trade if you want to take it 14 750 long the stop is going to be 7 14 07 10 and you're looking for a target all the way you you have a first target into 65 to 67 and the next target is in into 80. all right come on ym break above the 70. we need to see a break above the 70. russell we are still in trail mode right now russell let's let's start trailing 23 and a half russell 23 and a half russell trail 23 and a half 22 23 and a half let's bring it up that's the new trail we need dow to participate higher we're getting into 10 o'clock remember 10 o'clock is reversal time we can expect some pullbacks going into the 10 o'clock we have a 27.1 high in rty rty beautiful let's keep on trailing it 23.50 is a good trail in it all right we have a doji
line in the sand if we break above 71 guess what we're going to 80 and we're going to 700. if we violate this we're going to be out remember this is the last plot new high and russell both lack formation and nasdaq nasdaq bowl flag formation 50 possible entry if you want to take it 710 is the stop like i said targeting to 65 and 780. all right why am at 80 do i see an 80 in ym this is gorgeous what a beautiful day love earning season we should only have the training room during earnings season and the rest we should vacation three targets hit in ym we have one more at 700 we're going to start trailing a little bit we can't do it we can't do russell yet but we're approaching 10 o'clock reversal time and i don't want to choke it too much era here we go new high and rt white nasdaq is putting a fight into that ducted dotted line playing with fire we're into reversal time nasdaq is getting rejected from that dotted line but it's also there's nothing we can do about it so here's what here's what we can do at the most place this stop at six three zero six three zero five points higher than the break even so ym trail into the thirty four thousand six three zero it's the most we can do we have to let it play out it's taking a little bit longer i'm glad that we picked russell we nailed russell russell is the big winner okay sardar good job you are in now stop look for first targeting to 65.
okay if you're very new to this room i should tell you some secrets target one is the easiest target to achieve in trading after target one the price gets a little bit extended and it's more likely to pull back as you're progressing through targets target two target three they're a little bit more extended so therefore profits will be taken at those levels if you have a very small account it's really a good idea to chunk it in at target one or raise your stop as quickly as possible so you could chunk in profits get into the habit if you're not into the habit of making money consistently do your target one do your or after you see it beyond target one put your stop at target one so let it go so you can start trailing that's a little secret um and that is going to grow your account okay let's head into 30s we're extending we're we're actually literally trying to extend towards it's 38. come on dow we're waiting on you we're waiting on the dao um we're going to start raising the stop because it is 10 o'clock top of the hour and we may be raising the stop and ym just now we're gonna be raising the stop in wyoming give me one second let me see what the level is yes let's race the stop to 45 raise the stop to 45. almost done almost done on the day i'm just like at the dentist right it's like just a little bit okay just a little bit more okay it won't be long i promise and pressure off okay 6 45 trail stop guys it is 10 o'clock it is we're trading into reversal time we can't expect pull backs at this point russell we're going to start choking it let's start choking russell here as well uh let's bring the stop up to 27 rty trailstop27 22-27 russell lift the stop up 22-27 i know randy i was thinking about you when i said that oh my god that's crazy randy's a dentist guys okay so we are out we're at ym all right and we're out russell whoo pressure off we're done guys we're done those of you that are on nasdaq you're still in your stop at this point is still 7 10 so you should still be in randy you're not alone you're not the only dentist in here yeah no wait in getting into that oil i know i'm looking at it as well no entry in it no entry in it let's just wait on nasdaq here uh for the members that are in i'm not in nasdaq so i was just in these two in wyoming russell like i said i'm not going to take nasdaq too much to handle um it's not that you know i can't get in in multiple but it's really hard like if you're having a big momentum or if they start reversing immediately it's very hard for me to assess where i need to uh put the trail stop and actually go into the active trader and move around my stops i i mean it's not easy but nasdaq is setting up for a sandwich beautiful sandwich if nasdaq is going to start trading about 14 758 it's going to go higher that's the big clue and also here is sandwich as well in the m esmp the market remains relatively strong remember that at 10 o'clock we can't expect the pullback in the market it is the first major reversal time in the market as part of the mic market rhythm so we're seeing if we have extreme strength into the 10 o'clock we can continue with the range we can develop these ranges that may continue into 10 30 and at which point at 10 30 we could either have a pullback or a continuation higher based upon the pattern that the indices are trading in nvidia very strong today google continuing higher amazon fighting the 20 sma and minor support level uh on the daily chart and i did mention the 3600 level last week in amazon this is a level to watch netflix very weak continuing lower twitter and facebook are stronger regaining some momentum and by the way natural gas no trade in natural gas but it's rocking and rolling to the upside just almost heading into that it's actually four cents away uh from the high that we had today into that four dollar area had a high of 3.96 amd very strong very strong today uh wheat topping 700 if it starts breaking below 700 dollars it's gonna start coming down uh corn is actually this is actually the one two three four fifth day uh this is the fifth session which is levitating into the highs trying to punch over that 20 sms or trying to go higher a little bit uh copper just meandering did a shakeout the other day when we have weakness into the market now it's actually trading a little bit higher trigger the daily rotation however is still below the 20 sma oh lori mural no i missed yesterday so listen these trades uh in earnings season these trades and futures are coming super strong super strong and super fast and i can't i literally i i can't get into the uh into the stocks and into and into the futures it is so mind-boggling i hate it i hate it i hate because i can't get in them but nero was like oh my gosh and it was on the run today as well let me just put it here uh chris you got oil last night and couldn't figure out okay um all right let's revisit let's visit laura before we go into neuro let's visit oil a little bit okay so overnight trading people those of you that trade overnight there um you should focus on the one hour and focus also on the um four hour charts so chris uh don't forget to show up today um into the uh at the um uh technical analysis mastery course because this is what we're gonna talk about today um all right so uh targets in oil okay so you can see that huge range huge range this is the breakout all right the 6770 you had these pivots oops what i do hold on all right you had you have these pivot points right use these as your uh guide and also look to the left-hand side see here you had a mini sandwich it's consolidation so your target one coincided with this so you had a confluence level here into the 69 plus you have the whole number this would have been target one and then here you have a little knot as well you had a little sandwich okay so here let me see if i zoom if i zoom it in if you see it yeah okay so this is number one at 69 you can see the sandwich here's the other sandwich into the very close to the 70. and here you have the swish down with the pivot okay this is support now it's resistance okay all right let's take a look yeah okay uh let's take a look at uh what is that neuro i posted today on on twitter neural like i said it's bullish over 14 and again i have to be in the trading room so i missed it right because when you're talking and trading and talking you can't focus on all of them but i did post this on twitter for some that got it congratulations take a look at it fourteen dollars i said it's bullish over fourteen dollars and it has room to 15 16 and 18 and it's actually running at 25 today it is up 157 wowsers these are momentum moves listen when when i started day trading because i was on the swing trading side investing side and when i started day trading you would not have moved like moves like this i would have killed for a move like this literally we didn't have this the market now is literally like uh this this lottery like you're winning the lottery every single day every single day there is a winner i am not kidding you guys and this is how it feels like and it has been like this for over a year so over a year i mean we had a really good within the last four to five years because the market has really started to ramp up we had volatility with this market was dead in volatility 2016 and 17 were dead in volatility even though in 2017 we went higher but starting with 2018 we had the big shake and the market structure has changed guys learning how to trade is like learning how to win the lottery every single month i am not kidding you i posted it on the public feed uh let me show you hold on just one sec all right can you guys see my screen all right here it is here it is i didn't get it like i said i didn't get it i had to do so much work pre-market that i missed it i totally missed it but i post it in here i know it sucks yeah you can't do it at one point i was thinking maybe i should be off the mic because if i'm not talking then i can focus a little bit more on charts yeah but um i'm telling you like there is an opportunity like if you're not in the market if you know if you have never traded in your life 2021 is your deadline 2021 is your deadline you have to trade you have to there's no such thing as staying away from the market here it is setting a breakout over 14 yeah and if you look um so i do a lot of work pre-market literally a lot of work free market you can see it's trading at 14 this is the base breakout this is your stop right here so you have a really tight stop you have a breakout right here okay it's awesome it's absolutely awesome and here it is all right so we came out on my benzingo scanner and by the way they're offering 50 off they're offering 50 off so you've seen euro right here and there were a bunch of other stocks amc came on as well oh my god 30 dollars in euro anyone else in this stock nobody oh gosh okay um let's go to okay um yeah of course i i will post it just give me one sec okay so if you guys want i could walk you through ben zinka once again when on our quiet time or whatever if you're ready to sign up for it i could do a little presentation on it so if you want to sign up here it is you get 40 50 actually if you sign up for um in july until the end of july so you have next week as well you get 50 50 off the first month or quarter or year um and by the way if you want to test drive it it's two weeks no credit card required no obligation nothing i'm getting all my traits from benzingo i'm telling i think i'm gonna uh i mean i'm still using trade ideas but listen they have introduced the um the stock uh the um oh gosh what is it called having um the short float okay okay the short float okay so now you have that as well okay so that's pretty cool all right uh one request for netflix and then we could talk a little bit more nflx netflix all right netflix is not loving netflix lost a lot of subscribers okay netflix is still trading in a range 450 is still support still support on it i mean you can see that it has been trading into this range since july all right so it's probably going to stay in this range for some time i think that if it's not going to get hooked in these moving averages here because it's still trading in the core of the range so this is still support okay um it's gonna probably go down but then it's gonna rotate and go back up that's what it does so give it a few days give it a few days if you're having an overly um robust market even if netflix did not perform well the market is gonna take it up with it it's not going to i mean listen people are still gonna uh people are still gonna go toward towards netflix it's still a solid stock i mean it's not something that um it's devaluated still good still good all right yeah sure i can show you just give me one sec all right here we go all right so just so you know guys please enable all panelists and attendees linda's asking how did i find euro and like i said can you see this can you see the screen can you see the screen okay this is the scanner this isn't better testing the scanner is in beta testing i absolutely love it i love it i don't think i can trade without it anymore because i'm getting my pre-market movers and i'm looking at the structure and it's just phenomenal take a look at all of these trades the trade ideas guys over two hundred percent euro wowsers cmi lex has all of these mbds all of these stocks by the way all of these stocks came in before the market opened before the market opened any five-minute buy would have propelled you in the stratosphere take a look at ccl remember ccl go on my go on my twitter go on my public twitter feed and by the way we're finally i even forgot to mention this we're verified we have that little nice check mark right trade out loud is verified very hard to get the verified um thing uh do you enter trades absolutely bill you can enter trades for stocks that are very liquid for example like nero was or for the list uh let's see the trade out loud here it is profile there we go so for example for example uh this is my pre-market we only had one two three four five six seven and the market was very liquid because if you're looking for example oh not this one okay because i was looking at my earnings okay so here when we when i looked at neuro it was already up 35 right so i looked at these stock that were up but i also have to match them with the pattern and this one what had the best pattern this one had the best pattern but if you look at it okay this is where uh this is when i found it at 8 51 a.m 8 15. and listen it takes time it takes a lot of time for me to trace the levels these levels that you guys see on the charts they're not automatically built you cannot have that you cannot have that so there's a way to calculate them you can't you can't really do that so uh you have to you have to trace them and it takes me about 20 minutes to do that so once i'm getting busy with tracing obviously i can't keep an eye on this uh which broker allows you to trade pre i use thinker i use think or swim td ameritrade td ameritrade but i think like all brokers will allow you to trade pre-market uh tasty works where are my tasty works traders q guys you guys can't get in pre-market right tasty trades tasty works something tasty okay um tray station as well um interactive brokers all of these yeah all right uh let's get back to charts those of you guys that are in nasdaq you're still in you're still in okay once you get above the 50 you can uh raise your stop up raise your stop to 23 raise the stop to 23 23 22 23 that's it all right and we're trying to base here a little bit uh as you can see the 15 minute has rotated remember what i said that 10 o'clock represents the reversal time okay uh we can possibly have a rotation again uh in um rty and possibly even in uh a yes possibly in es as well let's take this cl down here all right let's take a quick look at the 15 minute all right so don't forget that we have oil inventory numbers in less than 10 minutes okay yeah it pulled back to minor support chris yeah and guys i'm literally done for today i'm done i'm done for today okay any questions any questions now this time around for those of you that are in nasdaq when the uh when the indus i was gonna say when the stock okay when the index is going to try to get over 60 put your stop and break even okay over 60 put your stop and break even you don't want to um give anything back you want to have like a massive rain day on everything okay all right uh since nvidia split what is the outlook great question odell so let's put it up nvidia all right so let's get to the two minute here okay video is still gonna go up nvidia became a lot more affordable this time i think it's gonna go through a little bit of calibration but it's still going to go up nvidia is still higher nvidia is still nvidia regardless of you know the stock split um hey paul on sdac do i move this yes yes right now move the stop move the stop see this pivot here at 24 move it to 23.
we need to see it well above this 60 when we see it above the 60 in fact you know what yeah let me see smaller time frames it needs to start engaging over 60 so we need to see it over 60 over 60 you can reduce the stop to 50 because if it's trading over 60 it's going to start going to 70 and 70 65 was our first target but we didn't get there so first of all we need to get it now over 60 and if the bottom of the candle is going to be over 50 then 50 is going to hold so that will make a really good uh trail stop for it of course you have a minute and a half until you are going to bring your stop up i think i need to start my trading day but see here's the thing the problem is that all of these trades and all of these ideas guess what they're coming out around nine o'clock that is when they start to become a lot more active so i can wake up at five o'clock or six o'clock in the morning because i'm not gonna be i'm not gonna be seeing anything so it i have to do all this work in literally 15 minutes before i come on the mic okay uh put the stop 750 break even paul and everybody else that is in nasdaq now stack stop break even right now because it has punched over 60 one point away from the target at 65. point away from target s65 and we're getting just nice ranges overall in the dow the smp and rty not bad not bad ranges and i have a feeling i have a very strong feeling right now that laurie is in russell am i right or wrong am i right or wrong hey ashley awesome all right yeah hearts of course she is negative yardage ashley taking profits three green trades today yay thanks you're so welcome okay so you can see that this top two minute time sequence has they ended you do not want to see the trade below 50. you do not want to see the trade below 50. okay you want to make sure that it's grinding grinding grinding higher that's it period okay uh dojiforming in ym like i said i'm done guys i'm literally done we have three massive good trades uh that were cold in the room i mean this was just a really good day you don't want to force it you really don't want to force it and three minutes to oil inventory numbers i just want to see how oil inventory numbers are trading and by the way tomorrow at 8 30 we have unemployment claims and then we have um at ten o'clock we heat we have the cb lending index and existing home sales and we have the natural gas storage at 10 30. so the mover the shake and bake here it is 65 target one 65 target one take half out um if not you can actually race to stop let me give you a trail stop a tighter trail stop in case you don't want to give anything back and nasdaq okay so everybody that is in nasa and by the way the 15 minute has a really nice massive sandwich it looks like it really wants to go into the 70 and 73. 70 73 75 these are the next targets uh if you want to maintain and if you still want to stay in your trail stop right now should be 55 to 56 55 to 56 50 i would do 56. paul fantastic fantastic out at 65 fantastic all right nasdaq uh nasdaq
like i said if still want to stay in i would trail 56 for further targets target one was hit half out trail stop 56 right now and then we have a doji here we have resistance here 670 the doji the high is 648 so that means that you could have a trigger at 650. if it gets over 650 it's going to go to 670. so it's going to go for 20 points uh the stop is going to have to be under this purple lines which is the 6 14. uh russell is becoming divergent and now stock like i said nasdaq trail stop is 56 if 56 is going to hold into the next 30 seconds you may have okay here it is 56 and done boom that's it guys this is it for today let me know if you have any questions i'll see you guys here same place same time tomorrow for another round hey ashley we're done we're done we're out we were actually done half an hour ago okay thanks randy and randy emailed me and um you know he brought up a thing uh that we'd have discussed like we need to do an outing guys we need to do an outing um i think that most likely i literally don't have the time this summer but let's do it fall let's do it this fall let's do it like do you think it's better before thanksgivings or after thanksgivings yeah like i'm thinking florida i'm thinking like florida like we should definitely do an outing before before october october october end of october okay do you want to do you guys want to do like the miami area or do you guys want to do the naples area we have a we have a representative in naples that can help us with some uh with some ideas naples randy's for naples randy's for naples randy's voting naples what do you guys what do you guys want do you guys want like oh my gosh everybody wants naples paul okay naples it is okay either okay no matter alligators alligators for party favors okay i'm going to look into it and see we can find something i actually um but i'm going to look for the naples area we could do both it's only two and a half hours away ashley we could do both we could do both i could draw so i have the car i can fit another three people in my car so we could we could just you know squeeze into a few vehicles and we can um drive to the uh drive to the atlantic side as well i found a resort i have no i've never been there so uh i need to see how it is uh but believe it or not i've been there for so long and there's this club med club med uh slv popping we're going to take a look at it in a sec uh there's club med i think it's in port st lucie or something okay um slv slv is on my super watch list so two minute rotation here guys those of you that are day trading two minute rotation randy has it probably as a swing okay daily rotation as well this is a short squeeze guys this is a short squeeze randy hit it again so by the way randy posted this slv before we opened look at the green so he posted this like an hour ago okay so the high is 23.35 it's right here this is the trigger for the short squeeze into 2360 to 23.70 2360 to 23.70
all right uh let me send you guys the link this was the one that i was kind of like thinking about the club med um i think it's like i think it's like 20 minutes from from palm beach north okay so it's like all-inclusive this is all-inclusive okay but i'm gonna look in naples and paul if you have any ideas for the naples side let me know all right uh yeah this is a great call randy in slv like i said it has room to short squeeze has room to short squeeze all right any other questions guys all right this is a wrap i will see you guys in here tomorrow same place same time have a great rest of the day it was a fantastic day today i'll see you tomorrow okay have a have a great rest of the day everyone bye you
2021-07-28 05:13
