 Look at these names that's setting up for Monday, guys. And again, we'll get to the individual pivots from Friday. Look at NVIDIA, right? NVIDIA is about to go. Look at TEAM, right? Look at TEAM. TEAM is about to go, right? 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 morning, everybody. Hope everybody is doing well. Welcome to another edition of the Access to Trader.com. Weekend update show. Hope everybody is doing well. Usually, I record the video sometimes in the afternoon, sometimes in the weekends. It is early. I couldn't sleep last night. God knows why. But it is early. It's a little bit right before 8 o'clock in the morning. I've been up since 6.30. I said, you know what? Let me knock out my charts while everybody's asleep. Hopefully, I'll go through a lot of charts. And it took me about five minutes to do my prep work for Monday. We'll get to that in a second. That's a really, really good thing. So let's talk about the markets. Crazy, sloppy first three days, right? If you've been watching this video for the past week, you know how completely erratic it was. If you remember last week, we had the first two days of the week very, very tight contracting channels, which is not a good thing, right? Especially when you're an active intraday trader, you're looking for ideas. And the most important part is range, right? The more range you have, the better, you know, the better opportunity of succeeding. So the first two days of last week was incredibly tight. And then it got really, really aggressive, right? If you guys remember towards the end of the week. This week was different, right? The first three days of the week was just a sloppy, choppy, circle jerk, right? I think it's the nicest way of saying it without offending anybody. So let's kind of review, right? If you look at the final tallies for the week, you're not going to really get a sense. Unless you were actively participating in the market on a daily basis, you're not going to get a sense. All the indexes finished about 1%, a little less than 1% to the downside. And it doesn't really mean anything when you're looking at it on the surface. But if you did trade it, right? If you did trade the first three days, you understand why it was nuts. You had Monday, right? Monday you had a test of this rising short-term support. Bulls kind of gave up control and then took it right back. The next day they gave back, they took control. The bulls took, excuse me, bears took control. You can see it's a little early. Bears took control, took out the previous days low only to reclaim again and started rallying. So bears and bulls kept on getting trapped basically at the bottom of the range for the first couple of days. Then on the third day, we finally took out three days of selling. Gapped down, right? Gapped down, trapped the bulls back to red to green, trapped the bears that shorted the bottom of the channel and took the market higher, right? Took the market higher, then opened up lower and then went back higher and then Friday came along and the market finally did very, very aggressive things and took out literally three days worth of selling to reclaim not only the five-day moving average but a 10-day, again, we'll get to that. We'll get to that in a second. So it was a crazy sloppy week. One of the first three days was one of the, just insane. I haven't seen the first three days like this for probably, and I said this in the webinar, seven, eight, nine years, right? How sloppy it was. But then slowly but surely, we kind of talk about this all the time, why it's important to use the word patience, right? And again, unfortunately, if you're trading only for two, three years, the word patience, it's like the word Mars. You heard about Mars. You know maybe one or two things about Mars, but you really don't know anything about Mars and it's no fault to your own, right? There's really no fault to your own. It's like, again, all of us who've been driving for what, 30, 40 years, right? You can go down a highway, zone out and you can literally drive four hours and you're not even realizing, you're not even looking at the road. You're used to it, right? You feel comfortable behind the wheel. If you're a brand new driver, 14, 15 years old, it was even 15. If you're a 17, 18 years old, although you think you know how to drive, you really don't, right? You've been driving for like three seconds and it's a highly likely scenario that you're going to do a lot worse damage to yourself in that vehicle than somebody's been driving for 30, 40 years, they're going cruise control. So it's very, very important to understand you will use the word patients, but you kind of don't know what it is yet and that's okay. Remember that, that's okay. Every trader has gone through that. Every trader continue to be coming in after you, we'll go through it and everybody eventually realizes that time is going to be your best asset, your best teacher, okay? You can't teach yourself time, okay? There's nothing you could do, but time will cure all your ailments, okay? The FOMO, right? The FOMO part, the risk management part, just being more of an adult and being more mature. Everything's will handle it in time. So don't worry about that. But unfortunately, the first three days of the week, if you didn't use patience, right? And actually understand what the word patients meant to wait for that really good hand to play out, you got hit, you got absolutely hit because the market went up and down and up and down and up and down and up and down, you had Afghanistan, you had China, Afghanistan news, you had China news, you had the Delta variant news, it was all over the place. And the one thing that we know when you have a market sensitive cycle and there is a lot of uncertainty, market does not like uncertainty. And then kind of Thursday came around and you started seeing some really good setup start to pop up, right? Out of nowhere, you had Netflix kind of wake up here. And this was, in a weird way, this was the leader, right? This was the first one who kind of woke up, right? Took out this whole 26 level, 31 level and then just really, really exploded. And then slowly but surely you had Microsoft wake up, right? Really had this one big engulfing candle, took out three days of selling and set up for the next day, which was Friday. Again, we'll get to the individual pivots in a second. But you started seeing something on Thursday that we didn't see Monday through Wednesday. You saw orderly market structure and that's the bottom line, okay? Monday, when you see stocks do this, that's not market structure. Again, there's a big difference between average to range of a stock than volatility, right? I think, especially a lot of new traders, they use the word, we love volatility. No, no, no, nobody loves volatility, okay? Volatility is unpredictable. Volatility is very sporadic. Volatility will take a good setup and make you stop out prematurely because again, it's volatile. What new traders are referring to is average to range and the great part about trading beta names which basically are technology names with the highest average to range, you are getting that expansion, okay, without the volatility. So for example, Tesla probably throughout the day has a $16, $17 average to range. A name like, for example, Facebook throughout the day probably has $5, $6, $7 of range throughout the day. That's not volatility. That's average to range. So when you take the volatility and you put it on the table, a name like Facebook will go up and down, up and down, up and down. That's not what you want. You want orderly structure. You want a channel to be tested. You want a channel to be confirmed without 16 moves going up and down, up and down, up and down. And that was the first thing we saw come Thursday. We saw a lot of names starting getting organically into their channels, embracing that channel, confirming it and then next thing you know, you're going to the next area of supply. And that was super, duper important. This is why we continue to emphasize the point. Do not trade when you don't have that edge. Do not trade when you're having macro, either economic, political, right? Or global news issues that are staring you right in the face that even though the setup could be good on the surface, all these other extremities and outside forces could really do a lot of damage to your account. And worse than that, you're burning mental equity trying to figure it out when you can't figure it out because there's outside forces that are controlling the macro trade. So I think what this week really showed and Friday was super aggressive. We'll get to the minutes in a second. What really this week showed and it really especially for your new traders, it should really finally press the issue in your subconscious and really write it down on the sticky note. You don't need to trade every day. Again, we say this every day and I don't care how good the market is. If it doesn't feel right to you, to your experience level, to your account size, to your pain threshold or anything, another 3,000 moving parts that's built in a trader's DNA could just get out of the way, okay? It's not a sign of weakness, okay? Monday, Tuesday and Wednesday, if you decided not to trade it because again, referring to that sloppy, sloppy love interest crush that you have that potentially could throw up on you, there's no reason just to kind of get out of the way. Again, it's not a sign of being weak, okay? This isn't a penis measuring contest to your friend on social media. This is your hard-earned money, right? You're laying down hard-earned money. So if you're trading for 20 minutes, 20 weeks, or 20 years, your money is as green as everybody else's. So you wanna make sure your money is as safe as possible and hopefully come back with some more friends before you put it on the table. So the idea that you have to be in everything every single day and there's a quote, unquote, and I say this all the time, there's always an opportunity somewhere. Yeah, maybe there's an opportunity somewhere, but that might not reflect your process and that's a very, very important note. So the idea of patience, it works, okay? The idea of being mature, it works. And the idea that you're only trading because you're getting value, not because the market is open, should be your only, your absolutely only reason to be putting down your hard-earned money. So going into this week, let's talk about the indexes really quickly. We are set up for Monday. For all you guys who haven't charted yet, just go through the NASDAQ 100. I promise you, it will take you five minutes. I'll give you guys some ideas for Monday. It will take you five minutes but the market does what it, I think it should be doing on Monday. We should be close to getting back to all-time highs. We took out, on Friday's bar, we took out one, two, three days worth of selling, reclaimed not only the five but the 10-day moving average. So we reclaimed the shortest point, shortest point of market emphasis which is the five-day moving average and we reclaimed the 10-day which is the birth of the trade. And if you watched any of our workshops, and again, by the way, guys, if you are interested in PIVOTS, right? If you're just interested in PIVOTS, we have a three-hour completely free masterclass. It's somewhere at this link or that link, whatever it is. Just click on it. It breaks down the theory in three hours. Again, is PIVOTS for everybody? No, they're not. But if you are interested in PIVOTS, click on it for three hours and it really explains exactly what I do and the moving parts and the hundreds of thousands of moving parts behind these PIVOTS and why they are so pretty cool. But kind of go back into the theory of why I like the market. We took out three days worth of selling in one day and we are starting to get really aggressive macro setups for Monday. And if you look at what happened this week, you had Microsoft absolutely break out, Netflix absolutely break out. But the cool part about it is, remember, when indexes take over a certain area is if you guys remember what happened on the queues on May the 20th, right? May the 20th was very important because we reclaimed the 50 day moving average. And remember, not everything started going up that day. It takes time. So now that we reclaimed the five and the 10 day moving average, yes, the stocks that led Netflix, Microsoft, they already broke out. But here's the cool part about it is, there's a lot of names. And if you go through the Nasdaq 100, there's a lot of names that are about to break out that are very, very imminent. So unless the market throws us a curve ball with some crazy news, and again, it's eight o'clock in the morning on Saturday. I don't know what's gonna happen over the weekend. But unless the market comes out with some crazy bad macro news, look at these names that's setting up for Monday, guys. And again, we'll get to the individual pivots from Friday. Look at NVIDIA, right? NVIDIA is about to go. Look at TEAM, right? Look at TEAM. TEAM is about to go, right? Really good-looking setups. Look at Etsy. It broke out on Friday. We've been talking about Etsy for a couple of days. Look at Etsy. Finally got above, right? Finally got above this 150 days moving average that has been rejected several times. This thing has room all the way up to 210, 212. This thing looks really, really good. So we're set up, folks. Look at the 60-minute channels. Even if you're not looking at the daily, look at the 60-minute channels on some of these names. Can you tell me why you don't have to overthink for Friday, right? Look at Apple. Look how close Apple is to breaking out of this channel, right? Look how tight this is. Look at a name like Facebook, right? This is just, I mean, you can literally go, look at Facebook. Look how tight on Facebook, right? Look at Square. Look at these, look how tight these channels are. So we're set up, folks. Like a lot of times, you know, a lot of times throughout the year, you know, I always say, look, we have to play Devil's Advocate. You know, we have to look at every single part of the market, and sometimes you just don't need to overthink. So the only question is, can we confirm, right? Can we confirm Friday's price action? Can't we finally put ourselves in a situation that everything gets pulled up and now we are running back to all-time highs? Again, is there a curveball? Is there kind of like a but if maybe? Yeah, of course. We still have, what, a couple of weeks left. People are on vacation, although the weather this week is not gonna be great. We still have people are on vacation this week and are you gonna have pockets throughout the week that are gonna be slow? Absolutely. But just remember, and this is, again, this is why you put it into your mental subconscious roller decks. Remember, you know, remember those days of the tight that are not tradable? Just don't trade them. Wait for those premium hands, and that's exactly what we call it on Thursday, and Friday was an absolute, just explosion of technology. So let's talk about it, right? Let's talk about Friday. Again, we're set up for the week, but let's talk about some pivots from Friday. NVIDIA, right? Let's start off NVIDIA. NVIDIA needs to build that 200. It got rejected twice pre-market. Here is NVIDIA. And again, you see these channels, right? You see how it's up against the 60-minute supply and I just showed you guys a couple of examples. Now look at NVIDIA from Friday. Oops, e-signal still hasn't fixed. Still hasn't fixed e-signal, but I'll show you exactly what I'm talking about, right? So you see all these channels? All these channels I just showed you, for Apple, for Facebook, for Square, for a whole bunch of stuff. Same thing, right? This is what we talk about, the sneaky pivots. Nobody's looking at these channels. So here was 200, here was 200. NVIDIA took out 200, just absolutely exploded. Closed almost at 209, and now we're setting up for all-time highs on NVIDIA. Any dip on the NVIDIA, any dip on the NVIDIA for Monday, into rising 60-minute support needs to be bought because if this thing goes bright to green and confirms weekly, this thing has a lot of room up. So definitely, definitely keep an eye on the NVIDIA for this week. Peloton, I'm still watching. Obviously never confirmed to the downside, 107. We talked about Robinhoods set up on Thursday, 44 if it builds below, can flush. I didn't have a locate for it, so I didn't really trade it. If you did have a locate for it and you did trade a great job, 44 if it builds below, can flush more. Here was Robinhood, right? Here was Robinhood, so it took out the 44 and went all the way down to 42 and a half, pretty much closed at the lows. I still think this thing goes lower. Beyond never got to the 14. Grom, I still like the stock. Guys, watch this little one. G-R-O-M, 330 needs to build. Keep an eye on this thing. For all you guys who train these little ones, this thing is just kind of going sideways. Any close over 330, you can see, especially these smaller, smaller crazy names. This thing could really wake up. Keep an eye on this thing for this week. Microsoft just went absolutely bananas. When was the last time you saw, have you seen Microsoft act this really, really well? 299 needs to build for that 300 test plus, not only 300, I mean 300. This thing just went bananas. Microsoft took out that hold here. Look at this whole channel here. It took out this whole 99 and just went nuts. It went all the way to 306. It looks higher. Again, another name that needs to be bought into dips into the rising 60 minute support. Keep on trapping eager shorts that quote unquote says the stock is too high. Really Microsoft is too high. You're chasing stocks from two to 36 and Microsoft is too high. Anyway, yeah, so big, big move there. So here's the channel on Tesla. We caught the only pivot of the day on Tesla. Here's the early notes. Again, we had the whole AI conversation. I go look for all you guys who are watching Tesla this morning. Please understand it's gonna be very aggressive because of the AI event. I didn't know, I really didn't read the whole notes of the AI. I'm sure it was cool. There was no reason to read it. Battery days sold off aggressively. Doesn't mean it will translate the same thing today. If you are planning to trade Tesla cut down, cut it down size and on both sides of the market. Again, this was the only pivot of the day Tesla 688 needs to build. For experienced traders only for initial cash flows 696, which is obviously gonna be the big macro focus going forward is me also very important. I'll put in downside channels if it plays out that way as well. So nice, this was the first pivot of the day. Nice trade here on Tesla. Here was the whole 888 channel and right to 92 supply. So really, again, this was supposed to be for cash flow and then you're starting to see this macro cycle. But to give Tesla credit, it didn't sell off either and it really closed in the middle of the channel. So going into next week, I don't have a bias for Tesla. I'm watching the upside here if it can reclaim 10 and I'm watching the downside here if it can closes below the 200. So I'm not really, I don't have a bias on Tesla yet. I'd like to see a little more evidence, but again, nice little cash flow to start the day. Netflix has been an absolute monster. If you guys remember from Friday, the 531 pivot, 545 sneaky area for experienced traders needs to build, got rejected three times pre-market. Netflix won bananas, right? Won absolutely bananas as well. So here is the 531 from Thursday. Here is the 545, right? This whole sneaky pivoted area here, 545 from Friday and it went to 551, nice push there as well. You can see how aggressive these channels were from Friday. UPST, I still like it. Guys, watch this UPST had a big, big run. It tested 192 twice now. Keep an eye on this UPST. Check this out, right? Look at this daily chart on UPST. I'm not saying it's going to, but hey, look. You see how many times it's gotten defended 92? 92, 92. If this thing starts building 92, could get hit again. Always want to have some long, some shorts. NVIDIA explosion, 200 needs to build, rejected twice pre-market again, went to 209. Huge move there. Again, take on the way up for Tesla. Obviously take on the way up for Netflix. Amazon didn't flush, but it's super duper weak, okay? 3,180 if it builds below can flush. Didn't flush, right? Didn't flush, the market held it up, but Amazon is weak, okay? Amazon went down to like 3,175, but you can see it just can't get out of its own way. Until it reclaims the five-day moving average, there's no reason to look at Amazon as long. So just kind of, we'll wait this one out, but it continues to be sold into strength. Microsoft, next supply 302, went to 306. mRNA, not a big move, only went down a couple of points. RBLX, didn't trigger Etsy. We talked about Etsy for a couple of days. 197, 50, 198 needs to build. Etsy closed at the highs, 199 and change. I still think this thing goes higher. It looks like it has room for like 206, 207. As you can see, very, very busy, 550s pushing on Netflix. Hood, 43 on deck, went to 42 and change. And then, fantastic value the last couple of days. I am very, very optimistic for Monday, but again, I'm also not naive. I understand that anything could happen. I understand a lot of people are on vacation, but the most important part is I have my game plan ready. I have my research right in front of me. Now the only thing we need to do is wait for confirmation. Guys, have a great, blessed weekend. Hope everybody is happy. Hope everybody is healthy. Stay, stay as healthy and continue to be blessed. Guys, have a great weekend. I'll see you all Monday.