 Hey guys, this is Hydra from x trades and in this video I'm gonna be going over overall market analysis and top tickers to watch for the next upcoming week So we're gonna start off as usual with the indices start up with the spy So yeah on the daily Not much has been going on for SPY right still we're stuck in consolidation We got to this level early April and since then we've just been consolidating this entire time and Yeah, not much has been going on One good thing for both is that the uptrend line has been holding on the weekly So on the weekly it is holding this uptrend line so that is a positive But again, we're just stuck in this top range, right? Good chance that we could consolidate for a couple more weeks Tighten up a little bit more and then we'll see if we can eventually break this 419 level or 418.5 level or If balls are unable to hold and we could see a flush back down to 376 possibly or even lower, but yeah For now, we have to take a day by day to see what happens Yeah, just see if we consolidate more and as we tighten up then we should be prepared for a big move in either direction But yeah for now not much to say other than spies just pretty much in chop, right? Not much movement went on this week. Yeah, it's been trading in a very small range this entire week actually Like look at how small that weekly candle is that's like, yeah, very tight range Next we'll take a look at qqq So tech has been a lot a lot stronger compared to the SPY so It looks a lot better compared to the SPY, right qqq has also been consolidating for the last one two three four Five ish six five six six weeks last week. It actually broke out And was able to close above this 321 level and this week we got some follow through But it did not too much follow through. Let's take a look at the daily chart. So it is trending up pretty nicely But on Friday we did have a down day, but again both closed closed the day pretty pretty well, so Wasn't too bad, but yeah bull or Yeah, both have room to 331 and until then yeah, we should see no resistance And we should just see a slow grind up higher and higher and then when we hit this 331 level There's a good chance we can console consolidate for a bit and then tighten up and see if we Break out or break down. Um, but yeah, once we get to this area, it'll be We have to be prepared for a big move in either direction. So That's pretty much it for the qqq. Let's take a look at the weekly chart one more time Yeah, no real resistance until this 331 level Yeah, other than that qqq does look a lot better compared to the SPY Now we'll take a look at some of the big cap Text stocks that you guys always want to see so we'll start off with Google Google had an amazing week So really strong breakout on Wednesday Really nice volume as well on Thursday it gapped up and on Friday It just put in a consolidation bar inside bar. So really really good action from Google Has been holding up extremely well this entire week even though the qqq hasn't made such qqq did end up the week green but Definitely nothing compared to how strong Google was this week. So really really strong action from Google and Yeah, major resistance at the 120 ish level. So Yeah, we'll see what happens when we get there, but yeah, Google definitely has room for $2 move from here for next week All right, next step will take a look at Microsoft So Microsoft was building a nice bull flag here really strong move then was consolidating very nicely and then Triggered a buy on this day and consolidated again very nicely another tiny bull flag and then There was another and by day and now it's doing another bull flag So yeah, we'll see what will happen but Microsoft is shaping up really really well as well Resistance at 315. So yeah, I think we should definitely hit that level and then we'll see what happens from there Yeah, Microsoft is also getting pretty close to all-time high. So if it takes out this 315 level then has room back to 350 Which is pretty insane But yeah Microsoft acting pretty pretty well All right, we'll move on to Apple So Apple has key weekly resistance at the 174.5 level if it takes that out Then it has room all the way back up to all-time highs Apple looks phenomenal as well Like Microsoft Apple has just been consolidating and yeah, it's consolidating right under this key resistance level So if that gets taken out then that's a clear buy signal And yeah signal to get long. But yeah, Apple looks really really strong right now Not giving back any gains and has been trending up higher and higher. Yeah, it looks really good Yeah, I think there's a good chance that we can break out next week. But yeah, we'll see Next up Meadow so Meadow has been acting a little bit weaker compared to the other Names like Apple and Microsoft but still pretty good To collect the weekly it is a lot further to it's all-time highs compared to Apple and Microsoft But it is forming a nice New these lines. It is forming a nice bull flag here on the weekly So that gets taken out and it can make a big move here was a good week weekly bull flag From the really nice or made a really strong move and then from the flag here broke out now It's doing the same thing really strong move now Forming a flag and we'll see if next week and take it out if it does then chance for it to make a Make a move higher again. So yeah, like Meadow does look pretty good, but Not as good as Microsoft or Apple Next up we'll take the look at Stu Amazon so Amazon still stuck in this Solidation range It's having trouble breaking down 112 area Which it makes sense because that's a key resistant key resistance level every time it touched that it rejected but yeah, I'm Amazon can break this 112th level then there's a good chance that we can make a powerful move back up higher first resistance level would be around this 125 126 level So that'd be the first target if Amazon was to break 112 So clear resistance 112 next level 125 This is a piece of art level these are the key levels for Amazon And it has been building an uptrend the last couple weeks, that's good So yeah, if this 112-113 level can break and there's a good chance That we can power higher to 125, but yeah, Amazon does look pretty good, but then this one's still pretty off To its all-time highs like Meadow, so Apple and Microsoft are still better options Next up we'll take a look at Nvidia everyone's favorite stock Nvidia has been shaping up really really well had a really nice bull flag and then broke out on this week And then this week it just put in a consolidation bar. So that's perfectly normal action But yeah, I admit you had a powerful move off the lows And it's just been acting really good this entire year and part of that could be because of the AI team, but regardless and video is a must watch stock and Yeah, it's been acting really really well. So I think if we can take this This 289 level or 290 and then there's a very good chance Or that would be a buy signal and then on that buy signal I think there'd be a very good chance that we could power higher But um, yeah, our Nvidia looks really really good here If it takes out the level then there's a good chance that we could power back all the way up to all-time highs Because there's no real resistance probably some psychological resistance at the 300 hole number Other than that it has a lot of room to the outside. But yeah, Nvidia looks Pretty pretty good here Okay, now we'll take a look at some Smaller individual names actually we'll take a look at Tesla and they are kicking it first So Tesla has not been acting the greatest recently Um Yeah, it's just stuck in this consolidation range that if it breaks 178 that's a clear long play if it breaks 167 That's a clear short play. That's all you need to know for Tesla. Nothing else really matters We're the key the key levels are very clear. So Yeah, that's all we need to know for Tesla. But right now it doesn't look that great looks more bearish than bullish to me But yeah, we'll see Take a look at our KK So you're a KK was trying to break this downtrend on the weekly and didn't make a really nice breakout move on Wednesday or Yeah, this week and then it pulled back in pretty pretty hard on Friday. So we'll see what happens If we get followed through next week and there's that's a bullish confirmation So if you can take out this weekly level of 39.4 and That'd be a clear sense that bolster supporting the recent pop But if we fail and we get below this trend line again and there's a good chance that we were just back in the top range or We can even get back to this 34 level. Oh, which is a key support level But oh, yeah, that's pretty much it for a RKK. No, we'll take a look at some individual names PLTR Palantir everyone's everyone's favorite 2021 name think swing 21, but yeah Yeah, this name had a really nice earnings really nice volume. That's a really good sign, right? So now we'll see how it consolidates Ideally you want to see a form some sort of bull flag and if it forms a flag then that would be a good Good signal to take the straight for right now No, it really needs to clear this 10.3 level That's a clear resistance level, but if you can do that Has a lot of room higher this one this one's very beaten down So she can take out their resistance level has a lot of room to the upside So I'll take 14.2 is the first real resistance level. There are some resistance here, but this is the major one so Yeah, a lot of upside potential on this one And Yeah, look at that weekly bar, right? Those weekly those weekly bars have nice accumulation Signatures and it could be assigned that institutions are buying the stock though Next up we'll take a look at dual So this one also had a really good earnings report and it made it made a move back to all-time highs And now we'll see if this one can also form some sort of flag Key resistance at the 148 level But yeah, we'll see if it can take if it can form a flag here, but yeah, this one's also acting really really well Yeah, last last time I got up on earnings. It made a really big move immediately right now It's consolidating, but if it can take this 148 level up and the chance that we can power higher Draft Kings another one nice earnings gap up decent while you So it is forming a little flag here And we'll see how it does But if it loses this 23 level then there's a it's a clear short to Fill the gap back to like 21.7. So it has to hold this 23 level But other than that you can't use another one to what that is worth watching Next up Shake Shack. This one is a really choppy stock But it all it also made a really big move with volume and now it's consolidating very nicely So we'll see what happens with this one. This one's forming a really nice flag. So very clear by signal I'll be on this one for sure if it breaks 66.8. That's a very clear by signal for me What's next So this one oh and oh and this one has earnings Coming up next week and it's building a bull flag right before earnings So we'll see what happens last time I had earnings that had incredible volume and a really nice move up think strip the percent Yeah, I made a 23 percent right in the first four days for an ink So this one has a lot of potential and it tends to make big moves so this one should definitely be on your radar too for next week and Take a look at two more Uber's another one that also had earnings last week or last last week and yeah, it's been powering higher and Next level to watch for is This 38.9 level if it can take that out then I think this would be a clear by signal But this one's also forming really really nicely. It's tightening up Yeah, it's tightening up really nicely here. So this one's definitely a must watch as well and Last one Celsius. So this one has been in a base for a very long time and just the Just last week. We were finally able to break out things to earnings really big volume now It's consolidating so we'll see what happens here But this is definitely another one that you want to keep on your radar But yeah, that's pretty much all I got for you guys for this week. Thank you. Thank you guys for tuning in