 Obviously, names like Amazon, I love, love, love, Amazon, Amazon broke out today, reclaimed a 10-day moving average. You see how much airspace we have? 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, giving everybody welcome to another edition of the AccessaTrader.com nightly wrap up show. Hope everybody is doing well. So remember yesterday from last night's video, we said it was a very, very awkward day, right? The craziest, the weirdest part about yesterday's session, okay, was that bullishly, when we got pulled, especially later in the day, we held the five-day moving average, right? We talked about it in the last night's video, and it didn't take out the previous days low, which was very, very bullish, especially after a pretty big day the day before. So it was an inside day. And ironically, if you guys remember last night's video, the way the day was set up, right? There was some longs and there was some shorts, and I said I'm 60, 40 sell buys going into today's session, and the early part of today's session played out exactly that way. When the market was waiting for Powell and Powell's comments, again, at the end of the day, it doesn't really make a difference what he says. They just speak nonstop just to hear themselves speak. All the Fed governors at some point are just sitting around the table playing beer pong, getting ready for their fantasy football drafts. So it doesn't really matter what they say. So you could probably find in a million different places what they're actually talking about. But the most important part was this morning while everybody was waiting for the Fed, you know, you saw a little bit of strength, you saw some weakness, a lot of weakness came for the names that we talked about last night. They started really taking apart all these cloud software names, right? We talked about NET last night, CrowdSource, great, great heads up today about Lee, CrowdSource, Letter U, right? All these names. So a lot of names were setting up for a pretty good weakness this morning. Again, we'll get to the individual pivots in a second. But the most important part was kind of the part two of yesterday's scenario. We held ground, right? And we held ground. We put a higher low off the previous day's low and the previous day put a higher low of the previous day's low. And we talked about how based on that, we still had a probability, not a probability, but at least a possibility, right? At least getting to the 10-day moving average. And then Powell came to talk, the initial move was a sell-off. And then just like every Powell, pretty much every Powell conversation, the way it starts, it's always blah and then it ends in a very, very aggressive manner and stocks close pretty much at the highs of the day. And the most important part of the whole Powell, I guess, interview, a testimony, whatever it was today. The most important part is we took another necessary step back higher, right? And we reclaimed the 10-day moving average. Remember, everything goes in stages. It's like a child. The child can't just wake up one day and start running, right? You're born, you learn how to hold up your head, you learn how to sit up, you learn how to crawl, you learn how to stand, right? Next thing you know, you're running and that's what coming off the bottom areas of the market is. If you look at the longer term view of the market, we're still in a downward cycle. Again, don't misunderstand, don't mistake stocks that are moving up from an overall macro environment. And again, you could go through the last five months for a pretty good demonstration of that. But from the day-to-day activity and how we plan for the next trading day and how we view our next trading day, there's actually some pretty good opportunities in that. If you look at, if you go through charts tonight, I will probably say, not probably, I will say I went through about 200 charts in about 15 minutes, wasn't going fine-coming because again, I knew kind of what I wanted to trade and focus on tomorrow, but I went through a whole bunch of charts tonight and I have to say there's something there for everyone. Especially when you look at after the close, you'll say, ah, there's some names look pretty good here, some look pretty good here. There's $15 names that are now $17 names, we'll get to that in a second. There's Amazons of the World, there's Teslas of the World, and the Videos of the World. There's a lot of really good value. There's something there for everyone and that is probably the most bullish thing I've probably said since we started that run on March, January, February. For that three-week period, remember that three-week period that we had before we got stuffed? And that's what the charts look like today. There's literally something there for everyone. If you trade $20 stocks, I saw some really good-looking $20 stocks. Like, look at Rivian, I'll give you one, look at Rivian, right? You don't have to look far. Rivian looks pretty good. All day they were coming for the $28 calls, right? There's a trade there, right? That looks pretty good. Look at, you know, look at a name like Uber, right? Look at a name like Uber, got rejected today off the 10-day moving average. What happens if it reclaims a 10-day? Well, again, go see what just happened when we reclaimed the 10-day moving average on the Qs. Obviously, names like Amazon, I love, love, love, Amazon, Amazon broke out today, reclaimed the 10-day moving average. You see how much airspace we have? If we could just rally for the next couple of days, guys, look how much airspace we have in Amazon. Look at Tesla, you know, starting to set up for the next couple of days. It might not like scream obvious, right? It might not. But if it starts taking out some previous days' channels, you could start seeing a move to $800. Look at the video, and the video looks really, really ready, right? Really ready, right? Looks really good. Again, closed above the 10-day moving average. Failed a little bit today at the open. It was only a little above a cup of coffee. But you could see it's starting to scale out. Look at Apple, right? Again, guys, you could clearly see everything's the common denominator. Everything's either above the five-day moving average, which is the shortest-term sentiment, or it's above the 10-day moving average. And again, if you've ever been in the workshops or whatever the case may be in the webinars, you kind of know that's the birth of the trade. So if you look at the macro view of the cues, is it possible we can get a two-three-day rally back to the next 314 supply? That would be kind of cool, okay? That would definitely be kind of cool. And look the last time, again, when we reclaimed the 20-day moving average, right? Look, this has started a really, really big, significant move. So if we could get a move to the 20-day moving average and we can close above that, then we start talking about the 50-day moving average and any close above the 50-day. I don't want to get anybody so excited, but that's when your risk goes on, right? Anything above the 50-day is bullish. Anything below the 50-day is bearish. So if we can go from the 10 to the 20 to the 50 and close anywhere above the 335, 337 level on the cues in the next couple of days, maybe in the next week, yeah, risk is on and we are back to a really, really good aggressive bullish tendency. So right? So that's the whole point. You don't need to feel one way or another about the market. The market gives you plenty of opportunities to the downside. The market will give you plenty of opportunities to the upside. The most important part is you just have to be open-minded, trade what you feel comfortable. So if you don't trade Amazon, don't trade Amazon. If you don't trade, for example, Rivian, don't trade Rivian. If you don't trade Tesla, don't trade Tesla. The most important part is being your inner self, the best version of yourself you could possibly be. And again, like I've said before, my size 10, 11 shoes, and not going to fit sometimes your size 8s, right? So everybody's different. There's different ways to trade. There's multiple processes you could take, but the most important part is, and that's the common denominator, do what feels right, do what works, and most important, do what makes you happy. So let's talk about today's session. Again, definitely split up into two different views. The first part of the day was pretty much sell bias, right? Pretty much sell bias. They really started taking apart these software stocks, one by one, DDOG, NET, what was the other one we had, DDOG, NET, CrowdSource. They took down CrowdSource, NET that we talked about in the last night's video. They took down as well. And then the afternoon was for the bulls. So let's talk about this. This was the one, right? This is definitely the one. This confirmed when Powell stopped talking or at least took a breath, right? This is the big one right here. And I think this has so much possibilities. If we could gap up tomorrow, we have one of those gap-and-go sessions, you could get some really, really good airspace on Amazon 2280. Once it took out that second entry at 2285, Amazon is off to the races, right? Close pretty much within striking distance of the highs. If this thing confirms tomorrow, guys, again, if we have a two-three-day rally, why can't it fill in this whole airspace? I'm not saying it will, but can it grow dream, right? So there's a lot of airspace on Amazon, a lot of good possibilities there, but great move so far on Amazon. Tesla obviously never got down to 719. The video was a little disappointed in the video. It turned out to be a cup of coffee, a 182 needs to build. They were coming for the 85 calls weekly, very, very aggressively out the gate. And unfortunately, it only went to like 8370s, right? It was very, very odd. Then they sold the stock off, but I still like it. I want to see if we can start building above today's channel in the next couple of days. AMC never came close to 1150. They actually started getting higher. CVX only rallied like 60, 70 cents. Again, these oil stocks are investments. They're not trades, but here comes all the software names, NET, 57, if it builds below can flush. Here was NET, right? Here was NET. It took out 57 when all the way down to 53 and change. Again, they started hitting these things one by one. Winnebago, I got filled on such little size. It went down 50 cents. I just lost caring about it. I wound up losing 65 cents on a good riddance. I hope they buy a nice happy meal with their gains. Letter U, 3590 if it builds below can flush, only went down a dollar. But again, it was that same theme off the software, off the software cloud space. They all got hit in tandem, Tesla, nice little move on Tesla, nothing big for experienced traders. Sneaky area, if it flushes below, it got down to about 728. That was the linear regression line. That's when I was like, hey, guys, make some, cover some, cover some, cover some. Again, nice little scalp here, but now Tesla is actually setting up back to the upside hopefully in the next day or so. We'll definitely watch that. This is what I mean by there's something in the market for everyone. This is not for me. VERU is not something that I'm going to trade, but this thing, they started coming for the weekly $18 calls, and for all you guys who are still long this thing, congratulations, needs a new base over $14.64 and $15.20, that's the daily supply. This thing erupted into the close, erupted into the close. Here is the $14.60, here is the $15.20, it erupted into the close, closed at $15.60. It traded as high as, it's right now, after hours trading at $17. This thing, tomorrow, if this thing gets above $17.50, all those $18 call buyers are going to be very, very happy, so if you are holding that great job there as well, again, here comes NET, here comes NET, CrowdSource, Ali, I still owe you lunch, thank you very much for bringing to my attention, $144.82 for experienced traders, $143 macro needs to confirm, here was CrowdSource, great move, beautiful move, again, what was cool about today, again, it was just something for everybody and that's kind of what the coolest market is, so it took out the $44.82, confirmed the $43 and went all the way down to $140 and changed, really nice move on CrowdSource, letter U, here comes $35, Tesla, they're coming in, that's it, so that's it guys, so go through your charts, there's a lot of looking, good looking charts tonight, something is there, it's going to meet your criteria, something there is going to meet your comfort zone, something is there, that's going to meet your account size and your experience and your risk tolerance, now it's up to the market gods to confirm everything our research is telling us and see if we actually can get that second wave of buying tomorrow, I actually have to run right now, my son's AAU team for all you basketball fans, he is playing against, what's the guy's name, Kyle Anderson, he sponsors an AAU team, eighth and ninth grade boys, so if like John Moran suits up for his team, I'm telling my son he's on his own, guys God bless, have a great night everybody and I'll see you all tomorrow, good trip.