 You could be completely prepared, right? Completely prepared. And something just comes out of nowhere, you know, that you have absolutely no control over. And, you know, your grand plan goes with that. Welcome to Access a 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, everybody, welcome to another edition of theaxesatrader.com, a nightly wrap-up show. Hope everybody had a good day trading. Very odd day. We'll get to that in a second. Like always, guys, again, from the bottom of my heart, I really appreciate all the support of the channel. Like, and if you haven't so, subscribe to the channel so we can continue to give you notifications when we are uploaded. So let's talk about the tape. So last night, we talked about, you know, we talked about a scenario, you know, the Chinese unrest, the protests, you know, the market doesn't like, doesn't like, you know, anything that is going to disturb the train to kind of potentially bring it off its tracks. And yesterday, you know, the markets were rattled. And as you can imagine, like we talked about, a lot of technology needs, the semiconductors, Apple, just technology at a whole, you know, started breaking down, right? Started breaking down. Some pivotal levels got broken down. And, you know, we started, you know, like I said last night in the video, you know, I was watching, I was, you know, pretty much sell buys going into today's session, you know, predominantly a lot of names we talked about last night. We talked about Apple. I gave, you know, very, very specific levels to spies. I gave very, very specific levels to cues. The semiconductors were, you know, borderline, teetering. So we were set up, right? And the craziest part about this business, and again, I'm going on my 24th year, okay? It's gonna be 24 years for me in May of next year. And the one thing I've always realized is always expect the unexpected, okay? You could have a perfect game plan, right? Which again, when you look, you know, when you look on paper today, the game plan was flawless, right? You look at the game plan was flawless, right? You look at your bias, it was perfect, right? Everything was going well. We even got a gap up open today, right? And again, if you're ever sell buys going into the next day, you want a gap up because what happens is stocks that are weak the day before they get stuffed into supply, they roll over and usually confirm the previous days low and get hit. So everything was working out great, right? We were ready, we were ready, able and ready and ready and able and we were waiting, right? We were waiting. And, you know, things start putting in opening range lows. For example, Apple starts putting in its opening range low. All right, cool. Let's watch Apple, right? Apple puts in its opening range low, takes out the previous days low, puts in a low, starts rallying. Name like NVIDIA, right? Puts in opening range low, starts rallying, you know, we're waiting. A name like Amazon, right? Puts in the opening range low, rallies, so we're waiting. So we're waiting, waiting, waiting. And so, and it's like one of those days that at least in the first, you know, hour and a half or so, nothing was going on. And you sit there and you go, oh my God, it's not something we have one of these days that we're gonna have to literally wait for like a 10 second interval to finally get something going. And we're sitting there and we're sitting there and we're sitting there. So then Apple, you know, starts breaking down. Well, I don't want to use the word breaking down. So Apple, and I want to kind of show you guys this. And it's, again, it's gonna look great on paper, right? You'll see in a second, it's gonna look great on paper, but a huge miss on my behalf. So Apple, if you look at the day's events, right? So here was Apple. So it starts breaking down, right? The previous day's low. And this was the pivot, right? The previous day's low, 40 through 43, 40. So I get short Apple, it goes down like, I don't know, like 35 cents. Nothing big, right? Nothing big. And then all of a sudden, all of a sudden, you start seeing, you know, you start seeing, because every time I trade a Nasdaq composite name, what I always do is I always look at the queues. I want to make sure the queues are, the queues are trading in correlation with the Nasdaq 100 product. So what happens is it goes down like 35 cents, nothing big, right? And what happens is correlated, it hits the 60, you see this linear regression line, this line, right? So it hits it perfectly and starts to, not really a rally, but bounces off a little bit. But at the same time, you can see here the queues hold the 60 minute support. So I'm not a schmuck. I understand what happens if the queues hold, right? Who's the biggest weight added to the index? It's Apple and Microsoft, right? So Apple holds the 60 minute, the queues hold the 60 minute. So I'm saying to myself, the longer just sits there, like around 43, I think once the, you know, once the queues lose the 60 minute channel, we should get a flush, right? We should really get a flush. So it starts rallying a little bit and the futures get stronger and the futures get stronger and they start coming in for like the 145, 146 weeklies. I'm like, why the hell are they buying 145, 146 weeklies? Doesn't make any sense, right? Doesn't make any type of sense. So we're sitting there, we're sitting there and we're like, I'm like, guys, you know what? Let's, let's cover it up. Let's use break even as a stop, blah, blah, blah and make a cup of coffee on the trade, right? It's a roll, right? Completely a roll. So then out of nowhere, out of nowhere, Apple starts to explode, right? I mean literally explodes, it goes from like 43 to like 45. Well, when we covered it, it goes to like 45 and then it felt like no joke. It felt like it was like the longest minute but then it goes from 45 to 44 and comes out news that Apple out of nowhere, it comes out Apple that their iPhone 14 Pro and their Pro Max, their shipments because of the into the fourth quarter will be 15 to 20 million units light, right? Will be light that anticipated and what happens, Apple gets destroyed, right? You can see here, Apple gets destroyed. They start coming in for the 140 puts, they can start coming up for the 138 puts and I'm like, oh my God, I can't believe this just happened, I just missed it because literally it literally went from 145, took out this area here and just just absolutely got destroyed as you can see and at the same time, right before the news came out and this is where my like, I literally wanted to take a pen and stick it in my eye. So right before the news came out, again, nobody possibly could know this news is coming out, Amazon was about, Amazon was about to confirm it's opening range lows, right? And I'll show you the pivots in a second and so it starts to confirm it's opening range low and I'm like, this is the direct quote I would say literally 10 seconds before the iPhone announcement. I turn around, I'm like, hey, as long as the queues are sitting above the Bollinger Band, there's no way in hell I could short Amazon or NVIDIA or anything, right? Or anything until we get below the band. Before I even use the word get below the band, Apple comes out with news, so what has happened, right? Amazon gets destroyed, goes down $2, NVIDIA gets destroyed, goes down $2 and I'm sitting and I'm like, oh no, what the hell just happened? Again, this is my game plan, I was ready for it and the one thing I remembered, right? And by the way, and I missed the queues, remember we talked about the queues yesterday? We talked about queues that two 80, 50 level? I missed that as well, because my brain just was fried from what I was seeing. The only thing left, right? Literally the only thing left for me was spies, right? We talked about that 295 level. This obviously saved the day, this was great. 295 was like a $2 candle instantly when everything got pulled, but I tell you, this was definitely one of the more weird days I can remember and not only, you know, we got to wash, blah, blah, blah, but everything started rallying out of nowhere. Usually when, for example, if spies, right? If the spies get hit, I said, you know what guys, let's keep it running, let's see if we get that 92, 80s wash. They just stopped randomly in 93, 30, turned around and went green on the day at some point just to give you an idea how crazy this day was. So just a weird day, a wild day and again, it really does show you, you could be completely prepared, right? Completely prepared and something just comes out of nowhere, you know, that you have absolutely no control over and, you know, your game plan goes about you, right? I mean, it's like, again, unless you're a robot, unless you're a robot, I know a lot of, well, not to say a lot, I know a good handful of you guys kind of re-entered, you know, Amazon and all these things when the news broke, but I'm going, oh boy, I just, for some reason, my brain was just too slow. I missed all those. I did catch the spies pretty well. A couple of other things are working right now, but boy, oh boy, very, very frustrating morning, especially nothing was rallying, we could see it. I mean, everything was playing out perfectly into a really, really big potential premium day. And again, unless you jump back into these things after the Apple announcement, you missed a pretty big window and I missed a pretty big window. Again, if it wasn't for spies, my window would have been completely closed. So you could see here and again, it looks great on paper, right? It looks really, really good on paper. LI, it's actually L-I-T-E, we talked about it last night. 54, 2054, this is a multi-day swing. If you look at L-I-T-E, this one was perfect. So far, so far, so good, right? We talked about this last night in the video, the earnings low, it broke the earnings low, it closed within 20 cents of the lows. I think this thing goes lower. It's very slow stock, it's not exciting, it's not sexy, but I do believe we still got another couple of days worth of sell by. So this was fine, right? There was nothing wrong with it. It's not sexy, it's not, it's there, right? It's like a piece of wood, it's just kind of there. Okay, fine, that's fine. Meta never got down. You can see, I still like this meta, by the way. Meta now has held, check this out, guys, for tomorrow. Meta has held now this area three times in a row. This is one of the stocks, one of the very few stocks that didn't get pulled today, but hey, it keeps on holding this same area here. If you just chart tonight, you can see how many times it held, bottom range, if eventually it gets pulled, they could get a nice $2, $3 pull there as well, but it didn't confirm today, it didn't confirm. So Airbnb, I still like it, didn't confirm. Netflix was actually pretty smooth, right? This is one of the ones that actually went right off the word go, 280 and a half, 280, if it builds below, can flush again for you guys, it did catch it, good job. So here is the 80, right? Here is the 80, we talked about this yesterday. Here is the 80 and a half, right? It went all the way, it took out the 77, it went down all the way down to two, let's just call it 276, some nice move there on Netflix, right? It was all cool, okay? But here, here's my point. This looks great on paper, right? 143.38, if it builds below, can flush. Great call, Dan! No, no, no, no, no, right? You can hear the frustration in my voice, no. So I shorted it, it went down to like 42 and change, 42.90s and it was only down like 30 cents. Rally back, ran up $2 and then came back in, it guided lower on iPhone, blah, blah, blah. So yeah, I missed it, it went all the way down to 140. But hey, as far as social media goes, you're a must follow, Dan! No, no, no, no. You're in the trading or not, very discouraging, by the way. So yeah, so you can see my frustration there. This again, this would save the day, this was perfect. When Apple went, everything went, spies went as well. 395 held daily twice, again, we talked about this on the video last night, this thing pretty much saved my day. If it builds below, can flush, went down like $1.70 within a couple of minutes. This was great. Nvidia, I missed it, right? Nvidia missed it, went down to like 55. I still like Nvidia in case the market pulls, but I missed it, I missed it, I missed it. Zoom, remember I talked a lot of shit last night? This is the last time I'm gonna trade it and I was so frustrated, I didn't even wanna trade it. What did it go down, 50 cents? Who cares? Didn't trade it, don't wanna trade it, right? Blah, blah, blah. Semiconductors, again, just to show you again how weird this day was. Semiconductors, they started building, we talked about the SMHs yesterday, 21480. Only went down $1, right? Only went down $1 and came back and reclaimed 21480. So this is just a weird as day. Usually, again, things go very organically, very organically, everything, man. And today, thank God for a couple of things, but boy, oh boy, just a very crazy day. Amazon, again, I missed it. 92.80 for builds below, can flush, went down to like 90 and change. It started collapsing as the Apple news was coming out and I was already discouraged watching Apple get destroyed without me. It wasn't LIFE, it was L-I-T-E, 54, 20, 54, if it builds below, can flush. Went down about $1, I still like it for the next couple of days. So really weird day, that's the best way I could say it. Really, really weird day. If you look at the indexes going into tomorrow's session, we're kind of like in no man's land now. This is where, obviously, I like more things to the sell side than I do to the buy side, only because we're closer to the bottom of the range, to the top of the range, but it doesn't mean we can't rally tomorrow. Like at least today I had a definitive view of the market. We had the pivot-specific pivots on the Qs and the SMHs and the spies. We knew that was market-driven, but today we're kind of right back above the 20-day moving average. So it could be a little bit of stock-specific today, but tomorrow, but just always remember, you only need one, right? You only need one. You look at the spies. They did the same thing, right? They didn't even quite get down to it. I thought we were gonna get a watch in that 9280s. I went down to 9330. Again, hell, I'm not complaining. Consider how the day went today. I am not complaining, but I'm complaining. But you could tell here, just they close under the 10-day moving average. It's not a good thing for the bulls, but again, we're still above this whole congestion here that we're still building way above the 50-day moving average and then you could turn around and say exactly the same thing for the Qs, right? We're still building this digestive channel, but the weirdest thing about today was, again, remember when we talked about yesterday in nausea? 280, 50, 280, 50, 280, 50. They broke to 8050, right? They went down to 79 and just kind of stopped. Stopped in kind of reclaimed levels. So just an absolutely odd day. Some names that I'm definitely watching for tomorrow, like again, that LITE, I definitely like for more continuation, more continuation. Check out, you know, we talked about a few minutes ago, check out snow. Snow is getting very close, right? Snow is getting very, very close. Please check earnings, but snow is getting very, very close. If there's one more day of Apple, if it comes down to bottom range, they were coming for the 140 and the 138 weekly, so there's something again to definitely keep an eye on. I still like this Airbnb. Didn't quite get there today, but maybe tomorrow, right? Airbnb I still like as well. And I think that's about it, right? I think that's about it. So look, not every day can be perfect. You can't be, you know, you can't be superhuman. No matter how experienced you are, you're always gonna have some curveballs and things too, kind of that you just can't control. And today was just a really wild session. It's not gonna get any easier tomorrow. Again, a lot of stocks are in the middle of their channels. And oh, by the way, you have Powell comments tomorrow in the afternoon. Again, who doesn't love more FedTalk? Again, remember, they get paid by the word. Guys, God bless the easier roads ahead. Hope everybody survived. Hope everybody did well and God's help. I'll see you all tomorrow. Take care.