 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 weekend edition of the AccessToTrader.com update, right? Only this time, it is Thursday night. The market just closed a couple of hours ago. It's a long four day weekend, so I figured, look, let me just, you know, I would have been doing my work anyway on Thursday. I would have been recording the video anyway on Thursday. Let me just knock it out now. So we have three, four days of solid rest, sun, fun, family, smiles, good food, barbecue, split splash, everything in between, because again, we deserve it, right? Us as traders, we deserve a break. Again, you don't need to be on a horrific mental roller coaster to need a break. You need to recharge. You know, we talk about this nonstop. You need to recharge. You need to kind of rebalance your thinking, your inner core, your inner being, everything. So you can be completely focused on the task at hand, which is the next trading day. And because of a market like this, you know, I've always tried to kind of put in a little bit of a lesson, especially for the newer traders every single day. Again, if you've been watching my broadcast here for a while, you kind of know I try to put in little gems here and there, whether you take it or leave it. So, you know, it's up to you, but this is what I try to do. But in tonight's update, you just got to kind of just take a step back and just, you know, no lesson tonight. Just kind of kind of step back and just really appreciate what we have here. Okay. Again, this is, you know, very close, you know, really, really close to the action we saw during, you know, the 99, 2000, middle of 2000 area during the dot com revolution. Obviously, ultimately the dot com bubble. But this is this is really the closest thing to it. And the most amazing part because my primary focus is the beta names, you know, the highest, not necessarily volatility, but the highest range, average to range names for the day. I really appreciate this mark and more because not only do you have channels on one direction, right, you actually have channels in both directions. If you choose to trade kind of individual intervals throughout the day. So this is very, very unique to all of us. But again, for all of us who do trade the Tesla's of the world, the Amazon's of the world, the Netflix and the Rokers of the world. Again, sometimes you just got to step back and just say, wow, this is just this is just really, really cool. And this week, you know, the start of, you know, the start of July, completely the mirror image of, you know, of June of what we saw in May what we saw in April. And this is just terrific action. So again, sometimes you really don't need to try to drive the point home, how great the action is on most days, day to day. Sometimes you just got to just kind of sit back and just appreciate what you have. Understand that the expansion of natural channels will always be there because these names are 300, 400, 500, 1000, 2000, almost $3,000 a share. And the higher these stocks go, the higher the higher probability that retail will be out of these names. Okay, because again, remember, smaller accounts are usually going to trade smaller price stocks, the higher the price goes, the higher probability it will be institutionally money driven, option flow driven, all that, you know, all that good stuff. And in a weird way, it'll be a lot more seamless just because these stocks are going higher and eliminating a lot of the retail noise, especially on, you know, on the equity base. But fantastic action. What are you going to say? You know, you had Tesla, Amazon, just, you know, everything pretty much losing its mind. You know, Tesla, again, the quote unquote, email leak, you know, where Elon Musk and again, God bless him, right, God bless him. You know, turn around and say, Hey, I want to thank our Tesla employees on the great news, right, great news, wink, wink, great news. The Tesla production numbers, it's all good. We beat the deliveries, despite some closures of plans, blah, blah, blah. And again, you can see what Tesla did this week, just a, you know, cartoonish like move. And this is, this is what basically dot com was is cartoonish like moves. Same thing with Amazon. I mean, just just nuts. I mean, you know, Amazon literally went from 2630, 2630 to nearly 3000 and three and a half sessions, which is absolutely amazing. But again, it didn't really just stop there. Again, if you do trade beta, you saw it all over the place. You saw Netflix, you saw Facebook wake up. Roku was incredibly strong this week as well. Spotify was very, very strong. And we'll talk about the individual pivots in a second, but we're definitely, definitely in a great, great market, both long and short. Again, we talked about a lot of areas that we did take advantage of this week, not only on the blow off tops, but the identifying them reclaiming and remounting key supply support zones to kind of start going back, back the other way. But now we're here, right? Now we're here. We'll, again, we'll talk about the individual pivots. If you look at the individual numbers for the week, very, very strong. Dow up 3.3%. You had the S&P up 4%. And obviously the tech heavy Nasdaq was up 4.6% for the week, which is, it's again, absolutely remarkable, phenomenal strength to end the week. And now we're kind of in a weird spot. And again, if you are paying attention, and this is where we, we talk about, again, taking off the rose color glasses and actually paying attention to what we're seeing. Technically, you will see a very, very common thread, right? Inverted hammer, inverted hammer, right? Can anybody guess what this is? We got it inverted hammer. So it's, it's a lot of times, again, you're trading bias based on technical analysis. But again, at some point in how you become a better trader via technical analysis, how to, again, recognize scenarios that just happen. So again, inverted hammer, flush, inverted hammer, flush, inverted hammer. And when you look at all these stocks, how they close today, again, they're tired, right? They're tired. And again, you know, Tesla, can it, can it gap up again? I'm only sure it can. But again, you can see gap up and kind of lower highs the whole day. Amazon, again, gap up and lower highs the whole day. Netflix, again, tired, you know, big, big move up, tired the whole day. BYND, you know, got, had a couple of PRs, lower highs, three consecutive days. Again, it's tired, bowing. Again, it's very, very close to breaking down, guys. I know a lot of people are bowing fans. We had a pivot to the outside. We had a pivot today that didn't trigger to the downside because see, three days in a row, it's just holding on to the five day moving average. And again, starts confirming the five day. There's, you know, there's seven to 14 points in the trade. So that looks good as well. Apple, you can see, again, tired, you know, again, inverted hammer, double top, same thing. Again, you can see how close it is to breaching the top of the channel as well. Facebook attempted a good run in the middle of the week. But again, same thing, same thing as well. You know, you had this big, big run up. And again, the things look very, very tired. Google, you can do the same thing. Again, inverted hammer, again, mirroring the QQQ. So again, we have this monster run, monster run in the Qs. You know, again, inverted hammer, inverted hammer, inverted hammer. So again, by no means am I talking about the destruction of prices. But again, like we've said, identifying three consecutive inverted hammers off of the upper Bollinger Band. Again, the market is not trying to fake you out. Okay, the market's not trying to trick you. It's telling you repetition is the same thing. It's telling you the sequence of events usually wind up the same way. Again, so if you believe that this was a sell signal, if you believe this is a sell signal, well, again, what do you think this is going to be? So, you know, look, I definitely believe in trading reality, we've been, you know, we've been harping on the idea and trying to drill point the home that again, trust technical analysis. Again, there's going to be really good opportunities to the upside just because the market is so good. But again, this is to, you know, this is to point out that again, history will repeat itself because again, technical analysis works. And again, if you are going into this weekend completely blinded by the light, what you're looking at Tesla and it's shining bright and Amazon shining bright. Just understand the warning signs. The same thing that people weren't prepared to hear and talking about the next day. Well, who's are coming? I'm telling you, this is about to come, right? It's about to, it's about to happen again if we start confirming today's price channel. So again, at least be prepared for it from Monday. If we gap down, if we gap down, you know, maybe it plays out a little bit differently. But if we gap up on Monday, right? If we gap up into supply and we start losing the bottom of this channel, we are going to have another pullback just the same way we saw right here and right here. And obviously this is again, giving you a warning signal of what might happen from one day's trading session. So let's talk about incredible week. I mean, really is again, if you've been watching this broadcast now for the whole week, it's just, it's just been nuts. I mean, absolutely nuts, you know, because of Corona, because of, you know, just kind of being stuck at home for the most part. And again, we know about the cases, you know, 10,000 overnight cases in Florida, which is crazy, which is absolutely nuts. So that's going to end one way or another. But again, for all of us who have been trading with such a long time, this is just basically my whole routine is literally trading stocks, trading charts, trading charts, stocks, charts, charts, stocks, a little bit of basketball in between, walking the poodle in between, obviously eating a lot of cake. My wife swallowed that in between as well. But we can't, you know, we're kind of focused, man. That's the whole point. We're kind of focused. This is kind of where you need to use this time to hone your skills and be a better trader. There's nothing that nothing, there's really no excuse to kind of put in the work. So this weekend, absolutely, you know, get a lot of rest, recharge, but you have to put in the work. So let's talk about, let's talk about the pivots today. Very aggressive. 186 upside again, right? Spoiler alert. This is the channel, right? See this 180, right? 180 on Boeing? Spoiler alert, spoiler alert, spoiler alert, right? Look at the five day, right? 180, 180, 180, 180. Hit 183 times. There's no more disputing where the big number is. Here it is, 180. So obviously that didn't hit today, but 186 did hit to the upside. Gave a trade, you know, definitely gave a trade today. Here was the 186 level. Here's the 186 level. Again, popped up almost two points on Boeing before, again, rolled over. And again, you can see how long this range is here. 180 is obviously the line in the sand. So big trade on Roku, 129.75, 130 needs to build. Again, you saw this crazy, crazy option flow, man. You had 130s, 135s, 140s, 150s call buying coming in. Here's the whole range here, 130. I broke that, just exploded. I went to 130, 250. And obviously everything started rolling in. Again, that's my point. Everything's very, very heavy after their big runs. NET, geez. So NET, I woke up today. It was up 50, 60 cents. I was up, you know, $1.50, $1.60 on my swing. It looked good, right? It looked good. And I said, look, 38, 50 is the 52 week breakout. Yada, yada, yada. Now I'm only up 50 cents on my swing. Three days, three full days. I'm only up 50 cents in the trade. Again, trading non-beta names for me. It's like clawing out my eyes. But again, you know, it is what it is. I'll give it, I'll definitely give it some more time going into next week. Again, we're starting to see the July 40s, the 41, the 42 calls. So I want to give it everything, the opportunity. I actually pulled this pivot. Okay. If you guys remember pre-market, I'll show you in a second. I actually did pull this pivot. I just didn't want to buy Alibaba up like six and change. It was kind of a shame because if you look at Alibaba, it actually had a big, big run. I think we would trade it to 25, 26, but this was no pivot at the end. This was a pretty big move here. Spotify 266 needs to build. Spotify broke out today. Big, big move in Spotify. So here was the 266, right? Here was the 266. And they got above the 266. Not only got above the 266, it broke out of the two 52 week highs of 271, 75. It went as high as the 27430. So really, really nice move on Spotify. Still like it for next week. So definitely keep an eye on that. It's a big move there. ZS never came close to the breakout. Akamai got upgraded today. 113 needs to build. Here was Akamai. Here was Akamai 113, right? Here's the 113 needs to build. And Akamai went all the way up to, actually, not even that big move. Again, I didn't trade Akamai. 14 and change, but again, still looks good for next week. Facebook never got up to the 241 level. I was joking around here, obviously. 1800 needs to build, obviously. I was joking. I traded also on NVIDIA today. Nice move. I traded Roku, NVIDIA, Spotify today. It was a good day. Good day today. NVIDIA 387 needs to build to confirm 52 week highs. Here was NVIDIA confirmed the 52 week highs. You can see it confirmed the 52 week highs and went right to almost the 390. And we knew it was going to get rejected there because it was a supply zone coming up here in this linear regression line. Again, this thing kind of mirrors the Nasdaq 100 inverted hammer again. But a nice move. Listen, a nice $3 move there. Talk about a nice bounce. Okay, guys, talk about a really, really nice bounce here. Usually I don't put bounce plays on the Twitter feed. I usually like to use just the natural pivots, but this was such a good play that I put it on here. So 477.50, 478 potential bounce play off of support or 490. Guess what? Both hit. And it actually hit after, it actually hit at the same, not the same time, but it hit and it started rallying here. So 477.50, 478. Here was the bounce play. And here's why. Again, this is off rising support. We do these plays all the time in the live webinar. So here is the rising support right over here. So this 477, you can see the low here. 477.77. And the damn thing just exploded. It put up like an $8 bounce, a really, really big move. And the natural pivot hit as well from the 490. It went to like 492 and change. So big, big move on Netflix as well. Yes, I said, unfortunately, I just pulled this pivot. I said, hey, let's forget about the setup. I can't justify buying Bob-Op 6. It actually went up 10, which is blah, blah, blah. So Boeing take on the way up and the video take on the way up. Again, you know, 266. So it was the pivot. And again, 272 will fly. It went to like 74 and change. Tesla, again, again, this is the point. This is the whole point of trading both sides, right? So 1195 builds below can flush. Again, experienced traders only if you're a new trader. This is not for you. Again, not every single trade can be for you. And I said, look, 1195 take on the way down 1185 next spot. Look at the low, right, guys? And here's the pivot and here's the low. So here is the pivot right here, right? Right over here, 1195 it confirmed and went right down to 1185. Again, there is no guesswork. Stocks trade from supply to supply and demand to demand. Obviously, I will be looking for a sneaky, sneaky pivot on an exhaustion blow off top, possibly on Monday or Tuesday on Tesla to kind of write it back down to the downside. But just a phenomenal trader. Anyway, you look at it. Greatest, greatest trader definitely in my 2021 years of trade of both sides. So fantastic. Listen, a $10 candle in between all this buying madness is absolutely amazing. Again, 180 is a big, big level on Boeing going forward. Roku, just a monster. And I had to listen to it again at some point and just said, this tape is insane. Just this tape is absolutely amazing. And again, that's what we are fortunate enough to have. So going forward guys, going forward Monday, I'm looking for reversal in equity prices. Again, are they going to get murdered like they did a couple of days ago? You know, I don't know. Look, I want to be at least prepared for a significant downturn. Excuse me, I don't need to do a downturn. Significant potential rug pull like we saw on the previous blow off top only last week. So guys, again, make sure for all you folks who get a lot of rest. Go enjoy your life, have some cocktails, just smile, get some sun, whatever the case may be. But guys, you have to put in the work. OK, spend at least a couple of hours. You have four days for all you guys who are especially new to the PS60 feed or the live webinar. Look, there's 10, 10 and a half hours of data of content breaking down these pivots. Again, I could feed you pivots till you're blue in the face. If you are not if you are not understanding all the moving parts, you're just cheating yourself. You're cheating your longevity. So please put in the work. Because again, it's incredibly important to understand the moving parts or else again, you are still playing catch up mentally and you won't understand the dynamics of it. So guys, have a great weekend everybody. It's Thursday. Get some rest. I love you all. Hope everybody is living their best life for all you new traders that are still, you know, still trying to find your footing. It will come. It will absolutely come. Have faith. It's just part of the journey. It's part of the process. And with God's help, I'll see you all next week. Have a great weekend, guys. Have a great, God bless. Congratulations for putting in the time to take control of your trading. You're one step closer to owning your future and achieving the success you desire. Want daily trade ideas directly from Dan? Straight off his personal watch list? Unlock our free PS60 vault where you'll get nightly updates on pivot opportunities we're watching for the next day's session. Click the link in the description to get started today.