 We are so close, think about it, we're so close from maybe a day or two away for retesting this 50-day moving average. You can see how important this is last time. 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 guys, good evening everybody. Welcome to a Thursday's edition of theAxisTrader.com nightly wrap-up show. Sorry, there was no video last night. Usually I take Thursdays off to kind of reset my brain for Friday. But my daughter had a soccer game, a second round New Jersey State Cup, which they won yesterday. So sorry about I missed that. Boy, there's a lot of things that changed in the last 24 hours. We'll get to that in a second. Just a little bit of a business to discuss with you guys, for all you guys who know and maybe don't know, this is the live Twitter feed, right? This is where we put the pivots in the morning for all you guys who can't make the live webinar, whether you have jobs, whatever the case may be, life gets in the way. So here's all the pivots and all that good stuff. What we did, what we decided to do was kind of upgrade, right? Upgrade the pivot feed and now allow not only are you getting the pivots, now you are getting the audio of the live webinar. Obviously, this is kind of a big deal because you hear me literally speaking six, seven hours a day, answering questions all day, hearing the Squawk box, all the option flow and all that stuff. So it's a really, really cool upgrade for all you guys who are ever on the fence of getting into it, right? Or already on it, obviously you can wake up in the morning and have a little bit more value for your money. But the most important part is, again, we're always trying to add, continue to add more value to develop traders. So the reason why I'm bringing this up tonight, tonight only, we are keeping the old rate, I think it was like 79 bucks. We're only going to keep it for one night. Tomorrow it's going to go to 149, I believe. I have to check with the guys. But if you are interested, tonight is the last night to kind of grandfathered into the old price and tomorrow starts a new journey. So if you are interested, again, act tonight because tomorrow will be a completely different price. I think a pretty good value, especially for the developing trader. So let's talk about the market. A lot of stuff has completely gone different in the last 24 hours. Last time we talked, we were rejected off the 20-day moving average, rejected again, rejected again, lost the 5-day moving average, lost it again, confirmed lower. And yesterday the bulls did an absolutely great job of not only reclaiming the previous day's loan, but they reclaimed the 5-day moving average. And that was a very, very big deal because, again, the 5-day moving average is the absolute shortest sentiment of what's going to happen. It's not a green light for a full-blown bull stampede, but it is a very, very good sign that the bulls at least took control. And that's exactly what happened yesterday on the close. And what we saw today was this really good, aggressive gang-busting rally. Okay, if you look at the scoreboard, very, very impressive. You have the Dow Jones up 500 points. You have the Nasdaq up 250, almost 300 points. You have this really, really big stampede, but the most important part of this was technically not only did we stay above the 5-day moving average. We reclaimed back the 20-day. They got rejected back to back areas. And now we are in a very, very good spot to go back to the 50-day moving average. There's absolutely no supply between this and this right here. So we're talking about still another three and a half, four points available for the Nasdaq to run before we get to our next point of interest, which is the utmost important 50-day moving average. And I keep on reiterating this point. Nothing good, right? You ever hear that thing was one of these Chris Rock specials that says, if you're out at 3, 4 o'clock in the morning, nothing good is ever going to happen to you, right? Same thing with the bull market. The bull market can't function. Okay, where the market can't function any properly or can't have any good things happen to it unless it's reclaiming the 50-day moving average. And now we are so close. Think about it. We're so close from maybe a day or two away for retesting this 50-day moving average. You can see how important this is. Last time we hit the 50-day moving average, got rejected and rolled back over. So the bulls are not only need to confirm today's prices, but I think we need to confirm the 50-day moving average and then and only then we start filling in this whole entire gap to the upside, which is going to be very, very important. And, you know, today was a little bit odd in the morning, okay? Just because when the market gapped up today, if the Q's gapped up, they gapped initially right to this 363 level. And the reason why this was important, that was daily supply. That was the last time we got rejected on the 20-day moving average. So we kind of knew at least at the open, a lot of names were going to be completely stuffed and get sold. And that's exactly what happened within the first, you know, 15, 20 minutes. And to the market's credit, everything got really, really good, very, very strong. And it wasn't like the whole market exploded. Again, keep this in mind. A lot of names are still underneath supply just because the Q's reclaim doesn't mean everything under the sun. That's included in the NASDAQ 100 is going to reclaim at the same time. But slowly but surely, we started seeing a lot of names wake up. Again, we'll get to the pivots in a second. But the most important part was we started seeing a lot of names not only reclaim the 5 and 10-day moving average, they started, they almost kind of started jumping the gun and reclaim the 50-day. Like, look at AMD, right? Look at AMD. Yesterday, we claimed 50-day on the close, right, this aqua line. Today confirmed it. This is the highest close on AMD since going back to September the 1st, right? Took out this 1185 area and now the stock is trading 1220s after the close. Look in the video. This was definitely the move of the day today. Again, look at the importance of the 50-day moving average. It took out this whole channel here, confirmed the 50-day moving average. They started coming in very, very aggressively for the October 29 expiration 225 and 230 calls. Big move here confirmed this whole 13, 1350, 14 level. And now this thing looks like a 224 moonshot if the market continues to be strong. Very, very aggressive there as well. Look at Google, right? Another name completely reclaimed the 50-day moving average today. Took out this whole channel here. You started seeing weekly 2850 calls coming in. If you look at the upper channel, if the market continues to rally tomorrow, you could see your pot of gold going all the way up to this 2866 level as well. Tesla continues to be an absolute beast, but it's not the absolute beast we've kind of known for the last several years, right? It breaks out $15, $20. And the next day, it doesn't open another $15, $20. You know, goes up another four, goes up another five. And that's kind of what it's been doing now for the last three days. It took out this 807 level and it's almost in a weird way grinding higher. And now that it's pretty much closed at the highest formation of this whole cycle, it has one day left, right? One day left. And if Tesla could just get above the January 2021 highs, well, look at this, right guys? It stopped there perfectly today. If they could just get above the February 2021 highs, then look, man, we have a moonshot possibility to 900. We're still seeing super aggressive call buyers coming into the name for the 870s, for the 890 calls, all near-term expiration with six and seven-figure bets. So the market looks really, really good. And now our job is to wait for other names to kind of, you know, being pulled up at the same time. And I think if we can get even kind of a light open tomorrow, you know, any type of weakness, names like Google, names like AMD, names like Nvidia, names like Tesla, you have to buy them into rising 60-minute support because if everything gets pulled up, these are the strongest names coming out of 50-day channels. If they get confirmed, then everything else is going to get pulled up as well. So there's a lot of good names on tap for tomorrow. The most important thing is just don't jump the gun, right? Don't jump the gun. Don't anticipate. And the most important part is wait for these channels to confirm properly. Again, it's not a race. Remember, when indexes start to reclaim, okay, you know, not everything goes up, right? You need one by one by one. There's a lot of names still underneath supply, right? Amazon, not really participating. Apple, as strong as it appeared to be, it's still way underneath supply, right? Facebook, still way underneath supply. Names that I do like, though, that are still starting to come out of supply. Look at Ambrella, right? Look at Ambrella, beautiful-looking chart. Look at a name like, I think you guys have some names that are kind of shaping up here. Look at DoorDash, right? Look at DoorDash. Got above the channel today. Stopped at the linear regression line. If this thing can wake up and confirm, I mean, look how much room you have. You have room all the way back to the top of the channel here. Looks really, really good. Snapchat had some incredibly aggressive call-buying today. Very, very aggressively. They were coming for the 79 and the 80 calls. I like this channel here. It's been rejected here several times. If it confirms, maybe this thing can wake up as well. Square, look at Square. Maybe it doesn't confirm tomorrow. But look how close this thing is confirming this whole channel here. And if it does, you can have a really, really aggressive move here, especially Square has exposure to the whole Bitcoin thing. So there is definitely a catalyst. But I'm telling you, everything starts getting pulled up and we start confirming today's prices. You're going to have a day-to-move into possibility, the 50-day moving average on the queue. So let's talk about some pivots today. Again, some really, really aggressive moves. Again, this is where Tesla broke out. The 805, 807 levels, potential swing, stock traded today into the 820s level. Why is this 821 important? Again, we just talked about it. It's the February 2001 highs. This channel gets confirmed, guys. This thing is going to absolutely stretch. So definitely, definitely keep an eye tomorrow on Tesla. Nvidia, this is a big one, really, really big move here. 213.50 needs to build, potential swing over anything over. Literally over anything over 213 would reclaim the 50-day moving average. Nvidia went absolutely nuts. Stalled out a little bit today off that 13.5, 14 level. But when this thing finally got going, man, look at this whole channel here, right? This whole $13.50, $14 channels, it just really, really started grinding up very, very aggressively. Trading in the 18s here after hours. Again, you could see the potential where the stock can go, especially if there's more aggressive call buyers. Roku didn't do anything. It opened up basically 234 and died the rest of the day. GameStop did the same thing. Snow had a really, really nice move. A little tooth in for me, not really my thing, but 231.50. 232 needs to build. Look at this first move here on Snow. Took out this whole 231.50, 232 channel. Went all the way up to 338. Really, really strong move on Snow, right? AMD, again, really, really nice move on AMD. They came for the 12 and the 13 weeklies. It stopped perfectly at the pre-market highs. Of 1117 needs to build over that area. AMD right now is trading in the 12s after hours. Really, really nice move. Here's the 1117 area we talked about. It took that out and really, really nice move here. Pretty much trading at session highs after the close in the 1220s. Nice move there. XPEV, not a big move, only went up like 20 cents. Airbnb, I'm very surprised and never confirmed. I'm very, very surprised, especially had such a nice looking chart. Square, I still like, never got there as well. Again, 238 supply and that was exactly the highs. Nvidia, first supply to 1440s. They traded all the way up to 38 queues. Again, here's the macro channel. 365.70 is a very bullish signal for tomorrow. And this is why, right? So here's the channel right here. 365.70 closed at the highs of dollar and change higher. So again, you can see there's about $3 potentially left in this move. So nice move there on the queues. MMSI, nothing there yet. AMD pushing 12s. Here comes 1750s. They're coming for the 1750s. They started coming for the 225s and the 230s on the video. Google, beautiful, beautiful move on Google. Let's see here. Google, yeah. So 2870 needs to build. They were coming in for the 2840 and the 2850 calls. Here is Google, right? It took out the 2815 level and closed about 10, 12 bucks higher as well. Looks really, really good for tomorrow. So we're set up for tomorrow, guys. We're definitely set up for tomorrow. There's a lot of names potentially could wake up for tomorrow. Now our job is to kind of wait for them. Okay, wait for them to organically confirm and trade one by one to make sure everything is playing out the right way. So again, guys, if all you guys who want to join us on the Twitter feed, again, really, really cool feature, the audio of the webinar is now included. Today is the last day to kind of take advantage to lock in the rate and then tomorrow it starts again brand new. Guys, God bless. Have a great night and God's help. We'll see you all tomorrow.