 Welcome back with us folks. I find it a lot easier to trade with a watch list on then trying to improvise when the market opens and in this video We will dissect this morning's wash list in order for you to understand What I was looking Before the market and how it performed during the market. So basically we will probably cover a bit later Not in this video in the following one How to start your own watch list? But maybe if we analyze what was in this morning's watch list, you'll be able to understand what I was looking for And uh, why I was looking at certain certain tickers So basically this is the lot watch list that was posted in the option watchlist section channel Basically see that I I'm just mentioning the fact that we still have google facebook and amazon that are reporting The actual weight of them in the current market is pretty high So obviously the market will probably react to the upside of the downside depending on how they do on earnings and then I'm talking about um A probable reversal on spy why because we are very close to the 200 e.m. A and 50 Uh, e.m. A is climbing up and when they start crossing on the one hour chart that I'll show you a little later while we are in the mid 442s And basically we are looking at some sort of a Bear a bullish reversal and a move back to the upside Then I talk about is rg. Why does is rg come up here? It was reported not long ago They had a gap down and it was recently while this morning was upgraded And if you look at top top morning Uh upgrades and downgrades and you'll see that Is rg was among that list. So I always look at the list of top um upgrades every day And this morning whatever what Whatever happens to to is i s rg. I'm not really concerned about the upgrade on it I what I do is I pull up the chart and I see what could be happening And I'll show you that in a second and then on that same list It was beyond me and beyond had a double upgrade from under perform to outperform Which is a double upgrade from a an analyst Um, the other one on the list was neo uh neo came came out with the Pretty sure it's called the et 5 the new prototype And it looks promising it was also um on the list because of a Pattern I was watching on the one hour chart Which was a inverted head and shoulder and it looked like we could go bullish now all this can is If we go up With the help of spy Breaking the line of for mid 442s like I just mentioned in the first place. So this makes makes it a um A nice morning for for the rest of our plays now. This is what I showed you uh in the In the option watch list This is spy looking at one hour chart and see how there is a defined line This is not this is pre-market this chart was taking pre-market So there's a defined line where we are sitting right there I show you the 200 dma and why we're looking at this pre-market Basically, we are on a line line where you see the yellow line Is an old resistance That was that used to be support and now it was act acting as resistance Once we break that we move Over back to the bias side thing basically what I think Like to think is All the sellers are gone and now it's back to the fires to be part of this game. Um I also told you about is rg is rg was moving Um look at the same thing yellow line old support It dropped after mark after um earnings. So basically on the daily chart You can't really see see it here. There's a gap on the way down to the uh 200 Sorry to the uh, 290 292 I believe to the upside. So basically there's a good upside potential on this. We took next week's expiration uh soon after the bell Waiting for confirmation of a break of 275 78 just shown here. Basically. It's the old support See that on the left There and it became resistance And once we cross that we moved to the upside the other one I was looking at is beyond meat beyond meat had a very nice start of the morning Um, you see that is it was up almost five percent before the bell but Look how this 59 or very close to 59 line used to be support So basically what I'm seeing is if we cross over this line Um, we will step on the buyer's side So looking at this if we cross 59 58 99 as we are already pre-market It looks very bullish. So put an alert on that line And if it does, you know, you're on the good side because On a Monday like it did today, uh, we can start moving quickly. Um And the other one was Neo I told you they had a new prototype coming out that looked promising That was well accepted. It was it had a recent bottom Uh, it looked like a inverted head and shoulders with resistance Right at 20 uh 21 62 which used to be old support Basically the same thing we're going to cross over that step on the buyer's side And it will look pretty So, um, this was pre-market pretty much looking at this pre-market You set your alerts at the levels that I'm showing and This this is how you start your day. So This is how the day went for neo It just broke out above the line that we should just showed you and it just took off See that inverted head and shoulders. It broke the line and it took off. This was a very Decent move, you know, it's up 17 percent from the close on On friday. This is an excellent move. It ended up being a a good Good one to have on the watch list This one is is rg This one we alerted for next week's expiration because sometimes it just doesn't move as much as we We would would like to so Give it time to move to across the The the gap that it has to fill to the upside but The 275 line just got broken. Obviously it went intraday to 285 ish So, you know $10 up is a very decent Uh amount of move for isrg and we were still in this one, which is very It was very nice to have in the watch list and beyond me We have we told you the 59 ish line to cross We crossed this one pretty much right at the gate. We alerted a minute after the the bell Why because we already know we are on the bull side of things on the bullish side um If you don't plan this ahead you're there's a lot of guesswork And when you know ahead of time, just like we prepped in the watch list Well, you know that this this used to be Resistance we are breaking above. We are expecting this whole line to To stick and to remain resistance. Sorry support. So basically if we break under, uh, this is the stop line However, we started moving quickly to the upside and if you see it took 15 intraday from the close But um, we took the 65 calls and we are well above 100 on this one intraday, um The this is just final result on spy. You see the 200 dma that I I mentioned Uh, this is the line that was pre market. It broke to the upside So basically breaking resistance was giving the chance for the market to move on the uh to to the uh on the bull side of things so basically knowing ahead on your watch list be prepared And this will eventually Um, be a lot easier than watching everything move to the upside because many tickers were climbing You talk about the nvidia. You talk about tesla. You talk about netflix All these guys started moving to the upside very quickly and without the plan. It's very hard to follow Yes, I was watching netflix. However Um, it it when I started to realize it It was a little too late. It could have been in my watch list as well I like to narrow it down to things that i'm well prepared ahead of time and Then it makes it a lot easier to execute the right thing at the right time so I hope you guys are learning something and We'll continue this one on how to start the watch list from scratch, but Make me. I hope this one Uh makes you understand a little more of how I got prepared on this day Stay tuned folks. Have a good one