 Put in the research, put in the work, so there is no surprises tomorrow. So the number comes out, it's received positively, you've got a lot of good-looking charts, right? 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. First time here, subscribe, like the channel, give us great support. Again, what we try to do is give you an incredibly unbiased opinion of what's going on, whether the market's going higher or lower or different. There is always a chance of an area of interest via technical analysis, and that's exactly what we provide. Going into tomorrow, right? Obviously, it's a big day. I'm going to wrap this little update a little sooner. Today, my son is a freshman, first high school basketball game today, so I'm very, very eager to get there. So let's take a quick history lesson, what happened the last three CPIs, right? And this is where when you're looking into the future, and tomorrow the future is at 8.30 in the morning, and this is where the CPI number will come out for December, and everybody thinks they're smarter than the market and trying to handicap what it is. Let's talk about the last three scenarios of what happened, right? Here is, and keep this in mind, all three scenarios had basically the same narrative, right, when the data came out on the CPI. Number one, inflation continues to be a problem. Number two, right? This is the same thing over and over again. Number two, we are trying to tame inflation, and we are ready to act, and oh, by the way, we might or might not start curving down or tapering some of the basis point hikes into the future. That's basically what it is, right? So nothing more, nothing less, the same thing. So here was September. September, with this news that came out, September, the Dow fell 1200 points. October, right? October, we initially gapped up on the news, right? Gapped up on the news, I think it was like 350 points on the Dow, went red, went down 500, rebounded very, very aggressively, right? Very, very aggressively to close higher. The next day, we pretty much gave everything back, and by the way, we started rallying, a lot of stuff going on here. This is the last one, right? This is the last one. So we had to sell off, then we had to gap up, sell off to get to the rally again, and here was the last one. The last one was November the 10th, the CPI came out, everything was guns blazing, everything went higher. We had a nice little retrace for three days. We went sideways, tested the bottom of the range, as you can see here very clearly, Powell came out, gave that epic Powell boost on that random Wednesday. We went up 4.5% in two hours on the queues, only to sell off to the bottom of the range here five days later. And then here we are, right? Here we are going into tomorrow's session. And I think when you go by, and especially on social media and stuff like that, you're going to see a lot of people preparing for this monster rally tomorrow, okay? If that was definitely 100% set in stone, man, sign me in. Mac's buying power on every single position, but we don't know that guys. And that's the whole point. We don't know that tomorrow is another trading day like everything else. I want to give a little bit of a piece of advice, especially to new traders. You guys are hearing for the last three, four days the importance of the CPI number, the importance the following day, Wednesday of the Fed statement, right? Of course, this is absolutely important. But keep this in mind, your trading career is not going to be made or broken based on these two days. And unfortunately, a lot of new traders, they're sensationalized, they're putting into their head that they're putting this on such a pedestal the next two days, that they're already so emotionally charged, and we're not even there yet. I've seen people talk about, I'm not going to be able to sleep tonight. What are you holding $800 million worth of positions? Why wouldn't you sleep tonight? Tomorrow is exactly the same as today. The only difference between tomorrow is we're going to experience violence. We know that, right? Whether the market is up a thousand, down a thousand, up 500, down 500, we don't know that. The only thing we do know it's going to be violent. And unlike a normal trading day when things are very organic, lethargic, very predictable, violence is, well, that's what it is. It's volatility. The market's going to go up, down, up, down, up, down. And this is not an area of concentration if you're a brand new trader, just getting your feet wet. You want to kind of run away from those days, right? Because again, you can't handle risk. You can't emotionally handle any position because every move is going to be wicked out. Unless you're trading really a longer time frame, especially on the intraday basis of 60-minute channels versus the smaller time frames, the one five and the 15, whatever the case may be, at least you have a sense of what the market could do and should do on the next candle because there's only six of them. The problem is tomorrow a lot of traders are going into going to sleep tonight and they can be waking up looking at futures at four o'clock in the morning. Don't know why, considering the number is coming out at 830. Take a deep breath. Guys, I'm telling you, take a deep breath. You're already psyching yourself out subconsciously before the day start. If you're a brand new trader, the last thing you should be doing is can't wait for the CPI number. Really? Really? You really can't wait for the CPI number? Okay. If you're an experienced trader, you know violence is unpredictable. You know it's anarchy, right? You know it's like the purge. The last thing you want to do is stick your feet into the fire until things calm down. I do believe whether the CPI is going to be received good, received bad, I do believe there's enough value on both sides of the market that we can be prepared and that's the only thing, right? I have no possible, any possible idea of what the CPI number is going to do, right? I take data, I trade off that data, I have ranges on both the upside to the downside and that's all that matters to me. The back and forth, speaking on both sides of the mouth, having an opinion, trying to sound intelligent, that's not my thing. I don't think that's anybody's thing, but everybody who wants to put you in this situation to believe that you are less intelligent than everybody else. Guys, nobody knows what's going to happen tomorrow, right? The most important part is go through your charts. If you trade technology, look at the technology names, right? You're going to see some really clean-looking shorts. You're going to see some pretty clean-looking longs, right? So let me give you an example. If the market rallies tomorrow, look how good Nvidia looks, right? Looks great. If the market gets killed tomorrow, look how crappy Tesla looks, right? And again, market was up 500 today, leading up to the CPI. Somebody didn't tell Tesla, right? And that's the whole point. And Tesla not only was it down today, it is literally, it's a stone throws away of taking down this macro channel. And if you saw the betting, right? If you saw the betting going to the CPI, they were embedding the 230, 240, 250 calls. They were betting the 165, 160, 155 puts on the weekly basis. So there's plenty of good value on both sides of the market. You just have to put your work in today. And whatever sides confirms, right? Whatever side confirms, that's the side you want to attack. And you want to attack it with extreme prejudice because you're going to be prepared for it. Like an example, look at Boeing, right? Look how good Boeing looks, right? That looks really, really good. Look at Chewy. Look how good Chewy looks, right? That looks really, really good. So regardless of what they say, right? CPI, PPI, ABCDEFG, nobody cares. As long as you are prepared for tomorrow's session, the market can blindside you. You're not going to be stuck in purgatory because you're going to know and you're going to be prepared on both sides of the market. Hey, the market's good. Nvidia looks great. The market's good. Microsoft looks great. The market's bad. Look at Meta. Couldn't rally the whole day, right? Meta looks like crap. It starts taking down this bottom channel here. It's going to go lower. Tesla, if it's the market's crap, it's going to go lower. Amazon looks pretty good, right? Amazon looks pretty good. But again, there's both sides of the market. Amazon is either going to take out this top of the range or this bottom of the range. Again, we're going to be prepared for both sides of the market, and that's the only thing you can do. Give yourself a punches chance with common sense, technical analysis, and acting like an adult because if you go into tomorrow's session, completely unprepared and just read the headline, you're going to be really, really in a dark place about 15 minutes later. Don't be sidetracked. Put in the research, put in the work, so there is no surprises tomorrow. The number comes out. It's received positively. You've got a lot of good-looking charts, right? The market comes out, perceives negative, and it's a carbon copy of September's CPI instead of last month, then you're going to have some pretty good value to the downside as well. If you look at the spies, again, let me give you guys a couple of ranges here. Spies to the upside starts building above 400, right? Starts building above 400. We're going to go higher. Spies start building below 393. We're going to go lower, right? Again, don't be fooled by the noise. Read the charts and know exactly your levels. Look at the Qs, right? Qs start getting above 86. Remember we talked about 86 last night, right, on the weekend video, right? 86 is the big number. Continues to be the big number. 86 to the upside. You can see here, it got rejected twice off the same number here, 285.64. Qs start building 286. We're going to start moving higher. But on the flip side, again, this is how we talked about last night in the video, Qs start getting below 278. Then we have a completely different conversation for tomorrow's video. So that's it, guys. Relax. Take a deep breath. Get off of social media tonight. You don't need to go on Twitter spaces with 25 guest hosts trying to handicap what they think is going to happen. Nobody knows. You can physically have, right? You can physically have the announcement right now in your hand. And you still don't know how the market's going to react. That's how volatile, that's how aggressive, and more important, that's how violent it's going to be. Guys, again, we don't like violence. We like boring, right? Boring, lethargic, predictable. Violence is chaotic, and somebody eventually will get hurt. And if you're not prepared of what about to happen into tomorrow, hopefully that won't be you. Guys, God bless. I'm going to a basketball game. Have a great night. I will see you all in the video tomorrow. And with God's help, we'll all be there together. Take care, everybody. Have a great