 So going into tomorrow, I kind of want to give the bulls the benefit of that one. I mean, bulls, not the buy bias, but individual names, right? Names that had a big move that are just consolidating now. AMAT officially now is consolidating Texas Instruments officially now is consolidating. You look at Boeing, right? Boeing is not that far. Second positive 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. Happy Tuesday. Happy Tuesday, everybody. Hope everybody is doing well. So let's talk about the tape. So if you watched last night's video, you know, I kind of wanted to give the bulls the benefit of the doubt. Granted, we're underneath supply and all that bad stuff. But towards the end of the day yesterday, if you guys remember yesterday's session, we kind of had these these these pretty aggressive spikes kind of insured day and then they would fade off and they had these really big aggressive spikes again. And if you remember last night's video, you know, we were talking about this 317 levels at this point, for the bulls, they just have to capture, you know, little baby battles, you're not trying to win the war. It's like, you know, the little baby battles in between, that's going to justify movements until we start capturing big macro areas. And although today, you know, we failed once again. And again, we woke up this morning, the cues were down, everything was down, everything looked lousy again, it looked terrible again, you say these above God, here we go again. The market did okay today. And you're not going to see that by the school board. By no means am I turning around for tomorrow's session and say, Hey, this is very, very bullish. But I am saying there's opportunity there to the long side for tomorrow's session, not for everything. Okay, we'll get to individual pivots in a second. The one thing that I really liked what I saw today, and again, remember, little baby battles, not macro war. What I did like what I saw the bulls did today was number one, when they gap lower today, there was no opening range lows confirmed, that's a plus, right? That's a very, very big plus names that look like they're about to completely fall off a cliff this morning, like a Tesla's of the world, like a Roku's of the world, even zoom, right? And zoom, we'll show you exactly there was a two part set up for zoom. It did the first part today, and it ran a little too much for the second part, but we'll kind of get to that in a second. So what I like today, the stocks that looked absolutely atrocious, just just ready to fall off a cliff, they kind of held. I mean, using the word held, maybe is a little bit too liberal to say, but they didn't fall off a cliff. I think that's the nicest way of saying it. And they started slowly but surely starting moving this way upwards. Now, if you combine that to kind of what I was looking for, for our last night's video kind of say, well, I want to give the bulls kind of the benefit of the doubt. They kind of woke up now, not everything, right? Amazon's the world still dead money. And the BY&Ds are still dead money and the apples of the world and Netflix of the world and pretty much everything, right? Everything is kind of dead money. And if you're trading from the long side only and if you are trying to swing trade a market that is on the supply, which is crazy to say to begin with, but if you are swinging a market that's underneath supply, you're kind of having a hard time of it as well. But what I didn't like what I saw today was the stocks that were really dead in the water without a pulse, they woke up again, not all of them. And if you look at this area here, the cues, right? And as that 100, they did reclaim this supply zone right here, we're actually this demand zone right here and kind of reclaim the five thing moving average as well. Now, if you've been watching this broadcast for a long time, you kind of know where I'm going next with this, right? The five day moving average, one of the most underutilized, one of the most underappreciated technical study that most people don't use, I do, right? I look at the five day as the shortest term sentiment that you can possibly have, it really does show that who's in control of at least the short term five, 10 day moving average, those are the two shortest. So the fact that the cues did reclaim the five day moving average, I want to give them one more day, one more day, right? Not to say I'm not believe me, I'm totally conscious of where we are. I get the fact that we haven't reclaimed the 317 area, forget I told about the 50 day moving average, we haven't even reclaimed the 317 level, but baby steps, right? I kind of want to look at this, this, this, this Markshire or any potential road to recover as baby steps. Do I need baby steps? Do I want baby steps? Do I need a market to go higher? I don't. I like it though. I think everybody feels better in a bull market or at least a bullish scenario. I think there's a lot more liquidity if you've been watching this broadcast for a long time liquidity equals market participants. The market goes down, there's less market participants, there's less liquidity, that's why stocks go down faster. When a market has a lot of juice, a lot of liquidity, a lot of personality, there's much more participants, everybody wants to trade the market. So we always want to a bullish scenario. We don't get it, but we want it. So I think going into tomorrow's session, are we technically anywhere that I love? Absolutely not, right? Again, this is the big area, at least for the quote unquote baby step scenario, 317 is still the big area. We got rejected here once, we got rejected here twice. But at some point, you have to start looking for clues, maybe there's a seller strike, maybe there's a short term seller strike, maybe we can get more than a one to our rally, maybe there's something more, even if we don't reclaim macro levels, maybe there's something more that we can look at, that we can find some clues that we can find some value. And if you are looking for, if you are looking for some value here, I think you have to go back to the semiconductors, right? I really do. And you look at the semi names, you look with Tesla, then we'll show you in a second when you see what Roke who did today, granted, a lot of stocks still look like crap and they didn't participate. We're talking about the ones who did kind of like the shining the light, maybe they translate more tomorrow, maybe they don't, but at least you have to start somewhere. And at any given point, believe me, I know where we are, and I said this 100 different times, I understand we're still a supply. So if we don't get that burst, okay, if we don't have that life, the continuation life that we saw tomorrow, it's very, very easy to switch sides and start looking at opening range lows. But the big, the big to do what I did like what I saw today, names like I was looking at, you know, overnight, you know, names that I was looking at that needed a second day to kind of go lower, they made their initial low, and they never kind of confirmed, which is a good again, maybe the sellers are tired, maybe God is on their side. We don't know, right? We don't know. We don't know what evil force there is. I don't know if my mother-in-law is involved, basically speaking. So we want to see what happens next. So going into tomorrow, I kind of want to give the bulls the benefit of that one. I mean, bulls, not the buy bias, but individual names, right? Names that had a big move that are just consolidating now. AMAT officially now is consolidating. Texas Instruments officially now is consolidating. You look at Boeing, right? Boeing is not that far. Second close in a row, above the 10 day moving average, remember the 10 day moving average is the birth of the trade. You know, maybe it starts taking out this channel here and really wakes up. Not really a lot of meaningful option buyers in the crowd yet, but hey, that changes very, very quickly. Even GameStop, and it was a really aggressive pivot today on GameStop. We'll get to that in a second. But GameStop also second day in a row. Not that this is the barometer of the market and this is not really my drug of choice, but I know a lot of people do love this drug of choice, the different strokes for different folks. So there's some definitely value to the upside. I wouldn't call it a bullish scenario for tomorrow, but I wouldn't call it bearish either. And I think if you do your homework tonight and concentrate on the groups like the semiconductors, like the software names, okay? There's definitely some areas to pick and choose that you can definitely capitalize. And when you look at today's pivots and you saw the names that woke up, right? These are the names, right? Literally, Tesla looking, it was about an inch away to falling out, completely exploded, reclaimed the five-day moving average. Remember what I said a couple of minutes ago, right? Five-day moving average is a short-term sentiment. Maybe it has one more day and gets into the 650s, right? Gotta give it the benefit of the doubt. It's Tesla, maybe Roku, right? Roku did exactly the same thing as Tesla. Was an inch away from really getting destroyed, right? And we've been trading this thing. It's a couple of days ago, I traded it to the short side, today I traded it to the long side. You know, this thing reclaimed the five-day moving average. What if it confirms tomorrow? Maybe it has one more day into the 30s. So that's kind of my point. You look at names like Tullo, for example, and you'll see some of the same similarities. So, you know, look, I'm not planning for a bullish date tomorrow. I'm not thinking about a bullish date tomorrow, but it's there, it's on the radar. And in case we, again, do the same thing that we did today, not confirm any macro lows, especially in the first candle, if the 10 o'clock lows tomorrow and we start confirming today's channels, I do believe there's some selective stocks that can wake up tomorrow, you know, like a Tesla follow-through, like a Roku follow-through, maybe like a Tullo, maybe these semi-conductors come back. Again, when you look at the rest of the groups, and I actually had a trade that I didn't make any money on today, like on NVIDIA, and you can see what? It got rejected right back into supply. And the moral of the story is most stocks look like this, but some actually do, for example, look like this and look like, right? And look like this, right? Right on the five day and look like this. So there is some potential, we want to keep an eye on it. We obviously, like we say every single day, this is our plan, right? We don't know what's going to happen tomorrow. If the market gaps up and everything craps and dies, and, you know, we'll be shorting opening range lows. So it's not the point of, you know, this is going to happen. This is the point as well, I'm looking out for it because now it's in front of us and all it takes is one decent confirmation and we can get a second push of the stock. So we'll see, you know, we'll see what happens. So let's talk about today's pivots. And again, you can see right away, the names that I was putting on the short side, they had their initial move and never confirmed down, which is kind of what started today's day. And again, if you look at the NASDAQ, you know, it's down on the day. There's nothing about it that's great. The Dow is down on the day. There's nothing about it that's great. But if you look at the technicals, the Dow is basing, right? Had a big move, now it's basing. The S&P is basing, had a big move. Now it's going a little bit sideways, digestion. So now let's see if the NASDAQ 100 can actually wake up or at least players in that game. Anyway, guys, so let's talk about it. So first pivot of the day, I said, look, I'm not day drinking. I promised you I'd give you my word. GME GameStop has rejected 194 several times. This is on the 60 minute channel. It needs to reclaim. And here was GameStop. Congratulations. Like, it's not my thing. Like, I'm not going to treat GameStop. But if this is your drug of choice, this is your drug of choice. And congratulations to all you guys. I am great call on GameStop. Here is the 194 got rejected once, got rejected twice, got rejected three times. The fourth time was the charm, went from 194 all the way to 203. Great call. Great, absolutely great call. Again, not every single pivot is for everybody. I'm personally not a GameStop guy. For you guys, hey, congratulations. The pivot's either going to go or it's not going to go. That's the beautiful thing about trading pivots. Nobody needs to hold your hand as long as they confirm and you feel comfortable. Do you play boy, right? It's either going to go or it's not going to go. And here is kind of where I knew the market was going to hold up a little bit. So Zoom, you know, here's my notes on Zoom. Might be a two day play. 305 below can finally flush. So it flushed down to flush is maybe an aggressive word. It went down to like 302, right? Went down to 302. But you notice here, here I said, the reason why it's a two day play, there's a daily Bollinger Band of 301.50 that's going to provide some temporary support. So obviously for the future, if this thing starts building below 301, it would finally go. And here's kind of my point. This is where it's so important to understand where the supply zones are, where the demand zones are. So you're not shorting into demand. So you're not buying into supply. So I knew this band was here and it finally hit this band and bounced a little bit. Now, for the near future, once it confirms this band, and maybe it's tomorrow, maybe it's the next day, or maybe never, but the point is now we have a definitive line in the sand and if Zoom confirms this channel here, then you can see how much room you have left. But again, it's so important to understand. Jumia up on a closing offering, if it gives up its gains, 31.50, 31, if it builds below can flush. That was good news. It came back down to like 32 dollars. It almost went red on the day and it came back up. Again, these are little signs you want to see that at least there's maybe a seller strike. That's a good thing, right? If you're a permeable, that's a good thing. Texas Instrument needs to build. It needs to confirm that 89 level. It didn't do so, but I still like it, right? I still like it. It went from 88 to 88.50 and it kind of just stood around off that area. It's still valid, okay? And that's kind of my point. There's a lot of names that are just sitting there right now that if they do confirm could wake up and you have to start looking at the stronger stocks. Boeing never confirmed, I still like this 255 level. BY&E got hit 125, 40, 125, if it builds below can flush. Obviously the bull market, the bias today kind of saved it. So it took out about 25 and a half, 25 area, only went to 23 and a half. And this is kind of another example that it didn't again take out those opening range lows, which a lot of names that got hit really, really hard, they kind of had the same thing. But at least again, we have another definitive bottom to play with in the future. Google, I said, look, just in case we rally, and that was the whole point of last night's video. Just in case we rally, it needs 2050 to build. Again, not the biggest move in the world, but here was Google, right? Here was Google, it took out the 2050 and it ran up about 13, 14 points before kind of digesting the rest of the day. But that's what you're expecting. We talked about that in previous videos. You're not looking for that 90-point move at least. There's no way you're gonna get that big of a move when pretty much everything is on the supply. So you have to kind of take everything to cash flow, but nice little move on Google. Microsoft again, didn't get to that 37 level. I still like it. It's brought and rejected there three times. Spotify only went down like a dollar change, never confirmed the opening range low. Same thing with DraftKings, never confirmed the opening range low. Amat, again, this is a big number here coming up here. And this was my first trade of the day, this Roku. I said, look, just in case we rally, fingers crossed, right? Just in case we rally, 305 needs to build. So here was Roku. The first move was like two and change, but you could see the move here. Here's the 305, right? 305, 305, 305, it took out the 305 went right into supply and ultimately got really, really strong. Hey, if it confirms again tomorrow, who knows, maybe it starts taking out this whole channel here. So, nice move there on Roku. Let's see here, Roku, Roku, Roku. Yeah, GameStop, take on the way up, first supply is 200, went to 202. Take on the way up on Google, Facebook. Here's the most interesting part. Facebook led this, was so strong for the last few days, not so strong today, never got to that area. Congratulations to all you guys who caught Tesla today. 606, 607 has a sneaky area that needs to build in case we rally, right? It was the whole point, in case, in case, in case, 611 next area to reclaim in a perfect world that sees 16. Not only did this thing see 16, Tesla absolutely exploded. Here was the 606 area right here, the sneaky channel here. It took out 606, took out 611 and it traded right to 617 and then all of a sudden it lost its mind and traded almost to 640. Congratulations for you guys who did catch that big, big move. Again, if it confirms tomorrow, we could still get one more day. And this is kind of, I screwed up in the video. I bought in the video, it didn't move it. It really, it ran up a, excuse me, I bought it a little late. It went up like 50 cents or so and I was sitting there, I was sitting there, I go, you know, the futures are rallying a little bit. Let me give it a little more room. Let me get a little more room and it didn't do absolutely nothing and I wanted to lose it like 70 cents on the trade. That's not a big deal one way or another, but it does really show the difference between stocks that got juiced compared to everything else that did not. And yeah, huge spike on Tesla. Yeah, and this is my whole point. I got rejected here. It wasn't 508, it was 518, 518s. I bought it a little bit late. It only ran to 519, which kind of sucked. So 624 next supply, yada, yada, yada, yada. So yeah, so going into tomorrow, you know, again, I'm gonna give the bulls the benefit of the doubt. I wanna see, you know, if they can give, you know, they could wake some other names up, but if not, we have a pretty good list of names that we are watching for tomorrow. We'll see, okay, we'll see bulls. Again, nobody's calling for a bullish market, 500 point rally, but if you're gonna make some moves to the upside, maybe tomorrow's a good place to start. Guys, have a great night everybody. God bless and I'll see you all tomorrow.