 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 Actions of Trader.com Nightly Wrap-Up Show. Hope everybody is doing okay. Hope everybody had a good trading session. Again, if you are brand new to the channel, please like, share, and subscribe, and we can participate in this long journey without any prizes at the end of the tunnel together. Let's talk about the tapes. So going into today's session, if you traded the last couple of days, we've seen really wonderful expansion days. Stocks going in dollars, everything participating, and we kind of talked about it last time in the video. I said it even yesterday. I wouldn't be surprised if the market kind of got a well-deserved rest just because, first of all, we had two really big pushes, especially in the Nasdaq 100. And we are one day away from the CPI. You have CPI coming out tomorrow at 8.30 in the morning. So it's not really crazy to think that today was one of those sessions that the market kind of rusted, to get everybody, you know, kind of get everybody have their head straight to see exactly what's going to happen for tomorrow. But more important is the price action still was pretty solid overall. Again, not a lot of advances, not a lot of juices you could possibly imagine. Even names that attempted to break out of the channels today wasn't huge, right? We'll get the individual pivots in the second. It just wasn't a lot of convictions because we are so close to tomorrow's CPI report. But the most important part is the market didn't implode. And that's kind of the first sign of a healthy market. You know, the last three, four weeks, every single time we got back to the top of the channel, we imploded literally right after, two, three, four days. Same thing, two, three, four days here, two, three, four days. Today we just had a pregnant pause and actually even put an inside day from yesterday's move. And if you look at all the other indexes, you kind of see exactly the same thing. Spies, again, just nice, healthy, I don't even want to call it a pullback, but a nice healthy res day, giving a chance for stocks to kind of reset themselves ahead of tomorrow's number. And the most important part going into tomorrow is having an open mind, right? We say this every single day. I can have literally a CPI number right in front of me. I still will butcher it because we don't know how the market will react to it, right? There's so many moving parts. And I've always said this, if you think trading is just about buying and selling, you know, there's another 3,000 moving parts that you have to take into factor. Tomorrow is another day of data. You know, we will see exactly how the market responds to that data, but more important is we have to be prepared. So these are the numbers, right? These are the numbers going into tomorrow that the bulls need to get above and the bears need to take control. So you have here the April 5 highs, the April 3 highs were 413.87 on the spies, right? Everybody see that? That's this candle here. The high from two days ago was 413.72. So for the bulls to, you know, to start stretching again and going for the big run, the spies need to get above 414 tomorrow and start building above the 414. If they could, there's a whole channel, a whole hot pocket here going all the way up to the 418 level. So this 414 is going to be very, very big for the bulls. For the downside case, right? The bottom of this channel here is the low of the last three days. This low here is 408.64 on the spies. If we start building below 408.64, then yeah, we got another $2, $3 worth of downside as well. Again, I believe in being prepared on both sides of the market every single day. You might have a quiet day and I pretty much had a generally quiet day today, but you know, you'll take the quiet days, right? Just because that means you're recognizing the value is shrinking, you're recognizing the market has had an incredible two-day run, right? A lot of expansion. Do we get our third day of expansion? They know we didn't, but again, any day that we are still above the range, there's a healthy back test, and we recognize that health is most important in an organic market, I think we did our job today. You know, whether you're up a little bit, down a little bit, it's up, down, doesn't make a difference. It's all about the long game. It's taking a step back and really seeing the big picture of what this market is and what this market is. And it's very important to understand the landscape before you go into every single day. Just for example, you know, like yesterday, for example, on the video, I was talking about a potential trade on Shopify, right? And I wanted, you know, I wanted in the perfect world, what I wanted was a gap up today, stock, you know, stock goes green through red, and then the stock would fade the whole day, and the stock, you know, opened down a dollar and a half. I never got my, you know, I never got my setup and never got my setup, and I left it alone, right? And that's kind of what trading is. You have a plan and you wait for that plan to play out. And if it doesn't play out, you kind of leave it alone. So it's, you see a lot of names like that play out like that today, either got to their ranges and kind of stalled out and fade because they were tired, or just didn't get to their ranges at all. And there was some decent profit taking all day. If you look at the queues going into tomorrow, again, nice, healthy res day, again, the queues need to get above this 324 level. That was the high for the last two sessions. Needs to get above the 324 and build. So I figure if the spies can reclaim, if the spies can reclaim 414, the queues can reclaim 324. That is your areas of interest. Obviously, the big area here on the queues to the downside is 15. 15 is held several times off the bottom channel. If the market starts getting very aggressive and the queues start losing 15, then you have room out all the way to 311. So again, make sure, again, you are super prepared on both sides of the market. Going in the individual names, Tesla today continues to rest. We missed, or at least I missed, my plan today was to buy Tesla on the five-day bounce. I thought it could get down to 66.30 for a bounce. Well, below the day was 66.56. So I missed a really, I missed basically a $3 bounce by about $0.20 on Tesla. But again, it is what it is. And that's kind of the whole point. Stocks, organically testing, confirming and holding those levels. A name, for example, like Microsoft that saw some weakness yesterday, you know, kind of sat in the range that absolutely nothing. Google is kind of odd today. We caught Google nicely off this range that started off of March the 6th. Only went up about 80 cents, 85 cents or so. And then a big reversal, like out of nowhere. Amazon broke out today, right? It broke out today. It was very subtle. Not a lot of people saw it, but it held up very, very well. We talked about it yesterday. It was going on tight. I didn't expect it to kind of expand today. So when it actually did, it was kind of surprising. But more important, they are coming for the weekly 106, 107, 109 call. So definitely want to watch, continue to watch for tomorrow. Netflix, we talked about in last night's video. Nice pop. Not a huge pop, because again, it's going to correlate to what everything else is doing. But it definitely price improved. So that was pretty decent as well. Meta came close. Meta came close to confirming this channel. I definitely, definitely want to watch Meta for tomorrow. Again, it stopped right on the five-day moving average. Didn't give that push through the whole number. But this is a name we definitely, definitely want to keep an eye on it. Because if there is a rally, this Meta is very close. Very, very close. Keeps on getting rejected off the five-day. If you just reclaim it, it's going to wake up as well. And as you can see here by today's pivots, kind of reflects exactly what I was talking about. Netflix we talked about last night. 332.50s, 333 needs to build. Again, ran up about three bucks. Nothing huge, but it ran up about three bucks. Traded all the way up to 336 and change before it kind of rolled over. LTHM, nothing went up about 15 cents. IMGN, I still like. IMGN, excuse me. IMD, again, another perfect example. It took out yesterday's channel and ran up about 50 cents, 60 cents, nothing. Not a big move. You didn't see big moves anywhere. It took out yesterday's channel and ran up to 96. Again, still looks great. But again, you can see we were just missing that gusto ahead of the CPI. Again, Meta stopped. You're basically in the same area. Traded up to 35.80. I mean, same area. Got rejected again. It just needs to get above the five-day. Here is Amazon 106.10 needs to build. Amazon looks good. It looks good. Very few names that didn't sell off and closed pretty much within 10 cents of the highs. This thing looks good if it could take out tomorrow. Today's channel Spotify still didn't do anything. I'm surprised about Google. I got along with this 109.20s. It went into the 110s. I thought they were buying a lot of calls today. They were coming for the 11 and 12 weeklies. I'm very surprised it reversed course, but it did what it did. The video had a monster, monster two-day run. Again, it's been great. Obviously never came close to confirming back to the upside. I believe that is it. Going into tomorrow. Again, I want to watch Meta. There's some names I think that look pretty good. Let me give you guys some names to watch for tomorrow. Again, we talked about Meta pretty much in the last couple of days. I'm still waiting for that, especially a morning push to reclaim the five-day. I'm definitely still watching Spotify. Spotify is just getting closer and closer to confirm these earnings highs. This IMGN that we started discussing yesterday, still tight guys. Never made it up here, but still super duper tight. Eventually this thing is imminent. Eventually the longer it goes sideways, the higher probability this thing is going to take off. So definitely keep an eye on that as well. One last one I'll leave you with tonight. Look at the stock ETNB. This is a long base, guys, going all the way back from January, February, March to 24th. This is the highest close in this whole formation. If this thing starts building above today's channel, this thing could really start expanding. So definitely keep an eye on that. Other than that, tomorrow is the CPI, right? A30, I will go. And by the way, I have a slam dunk for all you guys. Talk about guarantee stuff, slam dunk. If you want to make a small fortune tomorrow, I'm going to tell you a quick little story. I've been going to Nick's playoff game since the early 90s, right? Since 1994. I've never been to a home playoff game that they won. Never. The last one was two years against the Hawks game five. I was there. We lost. Tomorrow I'm going to game five, Nick's Heat. Guaranteed you could bet your mama's mama's mama's mama's house. We're going out in five. Guys, have a great night, everybody. God bless, and I will see you all tomorrow. Take care.