 Welcome to Access to Trader, the number one community for those who are committed to taking control of their trading in order to achieve success, profitability, and longevity. Thank you for joining us. Here's Dan Shapiro to help you find your edge, master your process, and own your future. Hey guys, good evening everybody. Welcome to another edition of the AccessToTrader.com nightly wrap-up show. Everybody's doing well. Hope everybody is having a good deck. Hope everybody did well trading today. If you are brand new to the channel, guys, all we ask is take one second. That's all we ask to support the channel. Take one second, leave a like, share, subscribe, all that good stuff that could help the channel grow, and we could continue to provide you daily value. So today was the big CPI data release, and tomorrow will be the big PPI data release, and at some point there will be a Michigan sentiment, and at some point there'll be initial job things, and at some point there'll be 30 other things that will tell you that the Fed's job is to try to get inflation down to 2%. That's all this is. Okay, and today you had the CPI came in hot, you had the Fed minutes come in, basically reiterated what they said the last conference, and the moral of the story is this is all unnecessary, but yet here we are. Look, I think the biggest takeaway right now from the technical level versus the data crunching on the inflation front is kind of where we are. And where we are is we are very close to teetering above last week's reversal bar, and that's the main driving force going into tomorrow. It's not going to be what the PPI has said, it's not going to be any of that stuff. It's going to be whether the market can defend, whether the bulls can defend the 50-day moving average. If you guys remember last week we had this massive reversal bar, and we stopped right at the 50-day, which is roughly 435. If you saw the reaction today on the CPI, the market had a tremendous kick-save. For Ayake fans, the goalie came in at a tremendous kick-save, you know where? At 435. This is going to be a massive, guys, massive line in the sand in case there is a part two tomorrow, and they try to get a goal past the goalie. This 435 needs to be defended because if it doesn't get defended and the bulls give up the 50-day moving average, it's going to be a very, very tough day for the bulls. So 435 tomorrow is going to be absolute massive. Regardless of what you think is going to happen, the response that you think the market is going to have, we're either going to hold 435 again tomorrow on the Qs, or we're going to give it up. If it does give up, bad things are going to happen, and that's the most important takeaway going into tomorrow's session. Sometimes, again, you don't need to dissect the split hairs. You just have to know your levels, and this is why the Qs didn't randomly stop this morning at 435. That was literally the last week's lows, and that is a massive line in the sand. So if you are training on the ETF side, 435, sink or swim, do or die, whatever the hell you want to call it, but that's going to be a major, major area for tomorrow. On the upside again, just in case the market decides to do the reverse juki-puki, that's a very technical term. Again, 443 continues to be the ceiling that the bulls need to penetrate. You can see here, they couldn't get through on April the 5th. They couldn't get through yesterday. So 443 to the upside, 435 to the downside, and again, everything else is noise. When you look at the individual names, some names held up better than others. Some names are teetering just like the Qs on support, and some names are just kind of in kind of La La Land. Let's kind of talk about some several names going into tomorrow. You have NVIDIA, right? So NVIDIA gave us a really, really great trade yesterday, and pre-market. It didn't quite get to yesterday's lows, but it put in technically an inside day. We did see a great reversal today. That's the one thing we did see. And again, when you have a deal with an $800 stock, it doesn't take a lot for a stock to move $15, $20 is one way or another. But for all intents and purposes, what we're seeing going into tomorrow's session, as you can see here, it didn't take out yesterday's highs, and it obviously didn't take out yesterday's lows. That's an inside day. If the market does rally tomorrow and the PPI comes in well received, NVIDIA needs to get back above the 20-day. If they can get back above the 20-day moving average, then yeah, I think we do have a chance for a multiple-day run back into the 10-day supply. However, if NVIDIA does not follow through and we start losing yesterday's low, yes. We will retest the 50-day moving average like the Qs, kind of a mirror image on the Qs. Tesla, again, continues to be that disappointing name. Again, you think it's going to go higher, you think it's going to follow through, you get excited, and you realize it's one of the very few names that continues to trade below the 50-day moving average. Again, below the 50-day is bearish, and all this price action, despite some names, some days it has really, really good days, it's still below the 50-day moving average. Today, it tested the 5-day moving average and health. Watch this thing for tomorrow. If it starts losing the 5-day moving average, then yes, the stock will go back down to its recent lows. For Tesla to get strong tomorrow, it needs to reclaim the highs from yesterday. So, 5-day to the downside, yesterday's highs to the upside. AMD gave us a nice trade this morning, this afternoon, right before the Fed minutes. It was kind of the mirror image of NVIDIA. You had this big engulfing candle at one sideways. It took out the engulfing candle. It went down about $1.50 or so, and then it snapped back into the close. Watch this thing, again, for tomorrow. In case it starts losing today's channel, this thing could have more downside. For it to go higher, it's going to need to reclaim back the 5-day, but that's $6-7 away from here. Apple finally broke down today. Finally broke down today. We've been talking about this macro channel on Apple for weeks. It finally broke down today, lost the 58, 40s level, traded all the way down to 67, and now this is the first close, the lowest close inside this whole formation. If this thing starts confirming today's channel tomorrow, you're going to see more downside ahead. Apple didn't participate pretty much in the last calendar year. Tesla definitely didn't participate in the last calendar year, so it's very, very notable to understand that. Meta, again, came out with their own PR today. It held very, very nicely on the gap down into the 10-day moving average. Tesla needs, excuse me, Meta needs to get above yesterday's channel. If they could start reclaiming back this upper-ballinger band, if the market does rally, it does have room all the way back up to last week's high. So again, something we definitely want to watch. Let me give you guys some other names going into tomorrow. Again, I have longs, I have shorts going into tomorrow. We're covered on both sides. MU, okay. MU had a great, great run into earnings. After earnings, they did come out with news a couple of days ago that they're going to be increasing their prices by about 20%. That news got sold, and now this is the first close below the 10-day moving average. Watch this thing for tomorrow. Okay, guys, in case the market starts selling again and the Qs start getting below that 435 level, watch MU tomorrow. If this thing could start losing today's channel, there's room. There's room to the downside, just like you can see room to the downside on a bunch of other names. A smaller name, OSCR. OSCR, very, very tight channel, had a magnificent run in 2023 spilling over in 2024. It keeps on getting rejected here on the 50-day moving average. If OSCR can get back above the 50-day moving average, it's going to break this whole downtrend. So for all you guys who are trading smaller names or smaller price names, watch this thing on a reclaim tomorrow on the 50-day moving average. And the last one is ROBLOX. So ROBLOX, again, was dead in the water for the last month or so. It's trying to get above the 50-day moving average, say. And it actually closed above the 50, but got rejected into the 100-day EMA. Watch this thing for tomorrow. If it can start getting back above, again, a contingency if the market does rally. But if ROBLOX can get back above this 41-ish area and close above 41, you could start a next level higher. So again, you want to be prepared tomorrow on both sides of the market, both longs and shorts. We do that every single day. We don't give anything the chance. We want to make sure that which way the wind blows that we're going with the momentum, not against it. But the key number, again, guys, the key number for tomorrow is this 435. We lose 435. There's going to be a problem. Okay. Not for people who trade both sides of the market, for people there sitting there buying dips. The last thing you want to do is start buying dips below the 50-day moving average. As everybody knows, or if you don't know, if you aren't brand new to the channel, tomorrow is my normal Thursday day off as far as recording the video. Again, if you are curious in pivots and kind of want to see what we do, all you need is 30-day, guys. All you need is 30 days in the webinar. You'll quickly see that, again, there's an alternative to the normal. Okay. We trade channels. We don't care which way the market goes. We trade channels. Everything is based on data-driven instances going into the next day. If something confirms, fantastic. If something doesn't confirm, we just wait patiently for something else. Guys, have a great night, everybody. God bless you all. Have a great, great remainder of your day. Have an amazing trading day tomorrow. And, God's help, I'll see the rest of you guys on the field tomorrow. Take care, everybody. Have a great, great night.