 stop buying the gap ups right the gap every single time the market gaps up in a bear market it's getting stuff that's 60 minute supply like clockwork every single day. 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 to get everybody welcome to another edition of the access a trader.com weekend update show daily update show hope everybody Freudian slip hope everybody is doing well so look the old question was the last you know four five six eight nine ten days we're gonna crash is this a crash is this the crash and now all I've been saying was hey this is the most you know this is the most slowest clash a crash three miles an hour orderly you could possibly find obviously sell bias you know we've been sell bias ever since the cues you know cues broke down below the 200-day moving average. Hey man I'll tell you if you want to start calling this a crash or a slow crash or the kind of crash you want to be I'm not mad at you potato potato cola what you want. Levels are being taken down very very orderly we spoke last night on the video about a Tesla macro area about in the video macro area about the cues macro area and the moral of the story is same day same result they keep on selling and selling and selling now again whether you are a long term trader or you are an active intraday trader that is focused on ranges or focused on just the day-to-day you'll really appreciate what this market is doing is it's really giving you great opportunities and the most important part of what the sell-off is regardless of what you call this these levels are being really really respected and that's the most important part when you have volatility for example right you'll see stocks go up and down up and down up and down there's no continuity there's no follow-through this market and this sell-off you know regardless of what you want to paint it it's been super damn orderly every level is being respected every level is being built upon whether it's well mostly down and the most important part is it's a rotation right they're rotating name after name after name they're killing a stock they're going somewhere else they're killing a stock they're going somewhere else and the most important part we talked about this last night you know you're not again you're not looking for the stock that's already broken down for four weeks five weeks six weeks you're looking for those macro channels you're looking for those daily channels that put in the low two three weeks ago and now they are starting to test those lows if those lows get broken you're starting to see very very aggressive option flow following that name and you're getting some pretty big downside escalation so going into tomorrow again it's the same broken record the values to the downside everybody's looking for this whole you know magical capitulation day throw the baby out with the bath water I don't want to be in the market anymore maybe that day happens maybe the dozen but the point is the value right the value is still to the downside again like I've been saying even yesterday I'm not naive you know the markets are going to go straight down but until it does until the bulls start figuring out the retail public start figuring out stop buying the gap ups right the gap every single time the market gaps up in a bear market it's getting stuff that 60 minutes supply like clockwork every single day today was no different everything gapped up this morning and then next thing you know they pulled the plugs bids disappeared the cockroaches ran as soon as the light the lights went on and yada yada yada here we are right and we're getting a very very aggressive sell off into the close and now we're getting a pretty extensive sell off right now after the close you got eBay that they came for the $50 week you know weekly puts over and over and over again is getting hit pretty hard and this is obviously taking down everything right and again it's not a magical name like an apple or a Microsoft but in this type of environment you're shooting first to ask questions later again there's nobody sitting there right now trying to rationalize a company's earnings report it's pretty bad across the board when you think about sentiment and earning sometimes it doesn't make a difference how good their earnings are and I'm not even talking about eBay I'm just talking about any company in general when you're in good environment the bulls are going to give you the benefit of the doubt regardless of the of the earnings when you're in a crappy environment like we are right now in a sell bias environment they don't care right they don't care what the earnings are unless it's going to blow them completely away they are selling stocks selling stocks selling stock and if it's not on the after hours it's probably the following day so going into tomorrow again you want to leave the big stretched out names alone I'll talk about Tesla in a second we'll talk about in the video in a second but I'm finding a lot of really great values though still names that haven't broken down below that that January 24th low of the queues if you guys remember yesterday's video we talked about this is the line in the sand right the January 24 lows look it went through it today like a knife through butter 334 got just absolutely destroyed right so if you're looking for names going into tomorrow start looking at that January 24 lows a lot of the names will mirror the QQ queues that they haven't married them already today and a lot of names if they confirm tomorrow I don't care the rest of the market does if those names start confirming those January 24 lows that the queues put in that quote-unquote hammer right and today they confirm that hammer then you're going to start seeing some mirrored results especially if the queues start going lower so let's talk about today right you don't you don't have to spend this okay the markets to sell bias market that's all it is we could get a rally tomorrow a dead cat rally blah blah blah I don't care about the dead cat rallies as long as their names are still taking out bottom channels and I don't care how strong the day is especially at the open they'll always be something that's going to snap the ranges and start coming in so let's talk about today's channels really really aggressive day right and you know yesterday we talked about macro on the queues they broke five dollar move on the queues we talked about Nvidia and Tesla both of them confirm macro today huge huge moves we'll get to that in a second so Shaq still hasn't confirmed guys watch the Shaq for tomorrow Shaq came out with earnings we talked about this the last night's video here's the number right usually I usually don't shed the numbers and for the public fee but here's the number 6460 earnings low if it builds below can flush right here's the here's the number right I think I just accidentally turn on my my TC 2000 but here here's Shaq right shak here Shaq right you see the earnings low here this thing starts building below the earnings low here I don't care you know how good or how bad the burgers are the cheese fries whatever the case may be if this thing starts building below the 6460 you have room all the way down to 58-59 dollars keep an eye on this Shaq hasn't triggered yet remember we talked about tractor supply yesterday TSCO 199 199 if it builds below can flush here was TSCO got manslaughter today right here is the candle we talked about last night it took out the 99 went all the way down to this 191 level this thing looks lower big move there on that Boeing not a big move yet 197 80 if it builds below can flush here was Boeing only went down about a dollar and change but I still like this thing lower especially if the market continues lower here was forget about this right excuse me forget about this one right here here was the pivot right here was the pivot 800 is a sneaky pivot 792 it's macro if it confirms can get hit this is why again this is why we talk about macro pivots that are the most important part so 800 was yesterday's low right 801 was yesterday's low 792 was the low for January 28th everybody see that right that's where I get these numbers from some 800 was the low from yesterday 792 is low here this thing got absolutely manslaughter right absolutely manslaughter they were coming for the 750 weeklies I saw some 600s for the summertime Tesla by the way is down another $10 $10 after the close if you are long equity guys try to take some more off tonight you don't need to wait for tomorrow right now the market is in this kind of state of dare I say crashing I'm joking tongue in cheek tongue in cheek but the point is there's a there is there is fear right there absolutely is fear why not take advantage you can see here's the here's what's going on here with Tesla Tesla's down another almost 10 after the close take some off tonight if you can I is there a shot this thing gets into the 730s there is a shot but you got the bird in the hand any runners guys try to take off tonight if possible huge huge move there on Tesla Nvidia we talked about in the video the macro area the 200-day moving average we talked about this last night this was the area this is the spot I missed the initial 230 move to 227 and then that that move back into supply into the 222 229 40s I got some off this thing got absolutely manhandled into the close here is the video it's getting you know getting shelled here it's trading at 221 into the close we talked about this 230 200-day moving average guys they were coming for the weekly 225s 220s 215 puts they're coming for the marches 200 the 190s yesterday there's a shot this thing could see 217 tomorrow really really big move on on the video as well it's also down about three after the close TSEO getting hit we again QQQ 334 held three times okay this thing starts getting below 334 it should get manhandled and this is where you see how aggressive this market is the QQs took out 334 and put down a $5 move for the ETF that's really really damn aggressive so that's kind of showing you where the market is right now Nvidia next measure potential 227 and then this thing just completely imploded into the close so look call it what you want potato potato sell-off look we've been sell buys any any technician that's been doing this for a very very long time knows how incredibly important this whole 200-day moving average was and the fact that we got rejected twice of the 200-day moving average this is again these the longer we build right the longer you go back to weekends and weekends and weeks and weeks and videos we kept on illustrating the same thing the longer we stay below the 200-day moving average the higher probability we're going to flush it's like the Chris Rock bit nothing happens good under you know nothing happens good at three o'clock in the morning nothing bullish happens underneath the 200-day moving average that's where it is right now that's where you have been being so again for all you guys who are trading the price action again some really really terrific value look at some names for tomorrow guys look at clap right look at clap we're about to confirm macro here look at AMD right look at AMD AMD is about to confirm macro here that looks good look at NTS right look at NTS ready to take out this whole channel here there's a lot of value still you don't need to be in the names that are completely stretched out the most important part is rationally enter these trades if the future start the reverse kind of a kind of a wash and go scenario it's possible right like again nothing goes straight down it feels like everything's going straight down because it is but always be conscious don't be naive in the worst markets in the world you'll still get that powerful rip your face off rally if you're not if you're not expecting it and if you don't believe it could possibly happen that's being naive on both sides of the market guys have a great night God bless and I will see you all tomorrow