 Eventually, the market starts living in its reality. Again, we went through 9-11, the market got used to 9-11, we went through the financial crisis, the market got used to the financial crisis. 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 another edition of the Access a Trader.com Nightly Wrap-Up Show. Hope everybody is doing well. So the market continues to kind of do what we talked about on the weekend video. No matter what the bad news is, again, we have some more news over the weekend. It's just one big non-stop news cycle. Again, it's very, very fluid situation from minute to minute, hour to hour. So it's very, very tough to kind of harp on one little thing when everything is constantly moving. But the most important part is kind of what the price action is telling us. And we talked about this on the weekend video that eventually the market starts living in its reality. Again, we went through 9-11, the market got used to 9-11, we went through the financial crisis, the market got used to the financial crisis, we went through the pandemic, still going through the pandemic, the market got used to that as well. So that's exactly what we're seeing here for at least the last three days of the week. And the most important part is this news cycle is getting more aggressive as slowly but surely the market starts to embrace this news more and more. And now we have three days in a row of continuous buying off of bad news. And that's a very, very important thing. Like I said in the video, do I think this is the bottom of the market? It's too early to tell. It's absolutely too early because again, for us to get above the, for us to talk about the bottom of the last move in the wartime environment, we would have to reclaim the 200-day moving average and we could finally turn around and say, hey, remember that two weeks ago when we finally had the capitulation bottom, that's exactly what we need to see. And we're not there yet. But slowly but surely, like again, if you believe in technical analysis and all we can do is just take little baby steps, you have to like what the market did. It had this kind of reversal several days ago. On Friday, it reclaimed the previous days high, went to a 10-day moving average. And today, as much as the spin cycle news kept on filtering over and over and over again, you got to give the bulls a lot of credit. And the scoreboard is really not going to paint a picture. At one point, the Dow was down 500 points, but the Nasdaq today, the tech-heavy Nasdaq just absolutely went bananas off the open. Tesla went nuts. Square that we talked about on Friday had a second-day earnings run, really, really aggressive action. And it didn't feel like the same market that we had two weeks ago or three weeks ago, a month and a half ago, when they were talking about potential invasion of Ukraine. And that's kind of the key. It's the most important part is getting rid of the bad news not on the surface. It's still going to be out there. But if the market continues day by day by day to kind of engulf and embrace any type of negative news coming out of the Ukraine situation, then that's going to be a very, very bullish situation. And again, we're not out of the woods. And by no means am I saying we're out of the woods. Again, everybody, I can reiterate how important it is to reclaim the 200-day moving average. But if you believe in the theory that stocks trade from supply to supply and demand to demand, you could see, here's supply, here's supply. So we have a puncher shot to get to this 20-day supply. And that's going to be a very, very important level. If we can get one more day and get to that 350, 352 level, that's when the bulls are going to have to really stake a claim. Because the last three times we got to this supply zone here, we got rejected. And we got rejected. And we got rejected. So the last thing we want to see tomorrow is a gap up. We don't want to see a gap up into this 350, 352 level because that is going to be supply. And in a perfect world, we get a gap down open again. We trap shorts again for the third day in a row. We take out today's range. And we still have a good four to five points of upside in the cues. And four to five points measures any type of aggressive nature in some of these tech stocks, we can really have another really, really good aggressive day back to the upside. And we'll see. Again, that's the most important part. But the last thing, the reason I say, the last thing the bulls want to do is have that gap up into this 350, 352 level. That means stocks are going to be slowly but surely the ones that mirror the QQQs are going to be trading right into supply. And usually what happens when the stocks get into supply nine out of 10 times, they're going to get rejected. And we possibly can have a scenario like this, right? Like this. So the last thing we want to do, I'd rather have this kind of a long, churn, aggressive, organic meltup into supply over the next couple of days. Hello, they want to stretch it out for two, three days to get the Qs back in this 352 level. That's what we want to see. We don't want to see any, anything aggressive that could be a one hit wonder, three day rally kind of mirroring what we saw right over here from January the 28th to March the 2nd. The last thing we want to see is that rally the next phase of a dead cat bounce from February the 24th into tomorrow, which is March 1st. So it's been very, very important to kind of see how we get there and how do we respond to those levels. Because I'll tell you one thing. If you look at the Qs today, intraday, you had this really, let me show you from a five minute point of view, you had this really, really aggressive move today off the open, really, really big as the Dow was continuing to melt. And what was really significant to see, and I started talking about this in the webinar, I go, well, you know, we had this three day run, ah, man, it doesn't look like the bulls are going to muster another rally. And this is when we started seeing a really big fade into the clothes. And when I went to pick up my daughter, and I came, you know, I came back, I started seeing this really, really big move on the Qs on the way back. So the bulls did a great job. They could have easily rolled over. And we could have had a completely different conversation here tonight and say, Hey, look, the bulls gave back to 10 day moving average. And now, blah, blah, blah, we're looking for value on the short side. So going into tomorrow, I'd like to give the bulls at least one more day, right? One more day of possible aggressive action tomorrow to the upside. When we get to this 350, 352 level, at that point, let's definitely reassess kind of where we are. We want to see where the headlines are. We want to see how far the stocks especially are their intraday. I want to see how they got there, whether it was a gap up or a grind up, whatever the case may be. So the more information we have going into this 350, 352 level, then at least we can, we have the data in front of us, we know where supply zones are. And the most important thing is then we can reassess what an eyes wide open scenario instead of hoping and praying and predicting what we think is going to happen next. So you had some really aggressive moves today off the open. We wanted, I knew for a fact, I wanted at least going into Monday. We wanted, we talked about this over the weekend. It's not like I was 90 10 bull bias, but this was the first time I could probably say, Hey, I was 51 49% bullish just because again, just what we saw going from the five day going to the 10 day and now having a little bit of range going into the 20 day supply. So you kind of wanted to see the bulls get a little bit leash. And that's what they did. Technology names did very, very well. And you started seeing them pop one by one by one, very, very aggressive super aggressive, especially what Tesla did. So let's talk about them. These are the pivots from this morning. TTD 85 needs to build here is TTD. Here's the 85 whole channel daily channel that traded right to the upper Bollinger band roughly at 87. Again, not every trade needs to be 50 60 points. So that was a nice move there. AMD, we talked about this on the video 121 121 30s is Friday's highs. It also needs to build this 122 area, the highs from February the 15 first pop went into this 122 50s level, right? So the first pop went into the 122 50s level. And the next pop went right into the next daily supply of 124 sixties. Hey, listen, the market continues to rally. This thing starts reclaiming 125. Why can't this thing get to 128 on a bigger push on AMD square? We talked about this any dip on the weekend, red to green scenario. Again, red to green guys always just understand it's not a pivot. Okay, the pivot is the previous day's channel. Here is the big number here. 128 121 and square just absolutely exploded into the 50 day moving average you can see here. This thing lit up. I mean, really, really lit up all the way almost to 132. Its next supply. Again, maybe if this thing starts reclaiming 33, it has another channel up a really, really big move there. And this is the monster. I mean, what are you going to say about Tesla? 820 is the 60 minute supply. I kind of broke down the areas of this 60 minute 820 is a 60 minute supply. So make sure a second entry also a big number here. 826 50 also interest and Tesla just went Tesla, right? Tesla went absolutely Tesla. So here is the look at the channel here. So it took out this 820s. It took out the 826 50s and just went absolutely nuts and it went right to this 877 level which was supplied just a month. I mean, just an absolute monster move on Tesla. You can see here 857 next stop and it went to 876. It's an absolute insane move. 87 supply. That's where it stopped. DDOG 162 needs to build. I said, listen, take some sales into the 165s. That's the daily supply. Here was DDOG went right to the daily supply into the 165s. Nice pop there on DDOG. Red to green again. Square just went absolutely nuts. And this is where I stopped. It says, hey guys, next supply on Tesla. 875, 880 traded to 877. Just an absolute monster move there as well. So that's it. I mean, so that's it. So going into tomorrow guys, we would like to see a down open. We'd like to see some more shorts being trapped. I would like to see how the bulls handle another day of potential adversity and the most important part see where the price action leads us. God bless and another prayer for all the folks who are fighting for the freedom of the Ukraine, for the people fighting the Ukraine and just overall everybody in mankind. Guys, have a great night. God bless and I'll see you all tomorrow.