 Good morning traders Jay trader here Today we're gonna have analysis and price section read on Some of the big caps that we traded today We had Nvidia Amazon. We can also put it here at Tesla and we're gonna put the last one I would say definitely meta So for stocks you can see also we had another one H CTI Which is a small cap CPI data this morning. So there was some very good volatility Good liquidity in the market. I Expect a little bit more on Tesla, which now is bouncing back up But essentially this was the major counter trend on Tesla probably from Morning profit-taking from traders NVIDIA may be the best of the day. So good run Amazon sideways Not like Tesla, but still gave a good morning push and then Cy was action here Meta also another nice grinder together like Tesla So we're gonna look at few of the setup that we had this morning If you have questions or retail traders Was a was not a Hard day to trade. So we're gonna look at some of these together also Put in the in the chat or over here write down the stocks that you traded or the assets that you traded All right, so we can see over here. Good morning. My med some sort of traded Exile it so gold essentially change the gold with dollar Let's see how the trade over here in the chat This morning they traded a CTI a ULT Some traded took NVIDIA So we're gonna look at some of these stocks some traded traded over here Tesla from the pre-market CPI So overall a good day, so let's start first looking at the futures Let's give One second over here futures. So data came over here a 30 CPI in pre-market we had a bullish move and You can see Move right here from this demand all these all these level that you see are my level of demand and supply Okay, essentially, you don't read you don't need really months to trade the market as long as you have These levels and you just look for bounce or rejection The trend is up. So we start forming over here Higher lows are our highs and Then the only thing that I'm looking for is deep buys. Okay We're gonna look at some of these what we had this morning at least over here on yes so this is The break this morning of the liquidity area on yes And then we had a major pullback again to this level where I want looking looking to buy And then over here again on yes with a push into the 4515 and then with a major dip into this demand here So I'm looking at key areas of supply and demand and here's over here given from my strategy Now Yes was bullish made that was bullish. So long place for the morning We're gonna look right now into it in video In video of today Personally, I didn't trade in video. I've seen some good charts this morning This is in video and let me know traders do your opinion. What do you see over here? Any setup that we traded back in the days or we traded I believe this even two weeks ago You spoke about this pattern. Okay. All right. So I see over here some traders took and Vita this morning Main point that we seen the last weeks is that market opens and gives up wash. You can see over here Wash into the demand zone over here and then bounce to the upside so First point for me is looking for the dip This is the demand zone that we had this morning. We're looking at a possible wash over here And you can see that this is the first part Right when we open we start washing we got to this for 28 So in the last weeks months we spoke about This pattern which is a v pattern opening v pattern So we go right over here opening v pattern to start looking for these longs and Then once we have this this is the v pattern happening over here. This is the open level, right? So you see over here this liquidity opens Washes create a new low And then create the high low and then create over here a breakout So pushed upside Which is this push and then a bull flag and then pushes more So you can see over here This is The uptrend of this morning So when I'm looking at this is the reclaim of that open level Which is this reclaim over here and then we start forming in a base We start forming in a base over here I want to share over here one chart that a trade in the room took Actually two traders took over here on Tesla and This on Tesla this at midi. Okay, this is on Nvidia Let's look over here. I think this is a good job. Good work There we go, so I know that trader is still holding over here in this case, it's a an option trader, so good job and This is another one. So two trader over here this morning At least two trader farther. I know took the longer here and again You can see the dips they bought the dips over here. So they didn't buy the breakout But they simply got on the dips. This is buying options over here and selling to these pushes and Again entry level so only look for these v patterns once a reclaim you start taking long or Even after once we bounce on that support, then you start looking for the long The good part over here this morning is that we had a high liquidity So on a video here. We had a very good push move for about 10 points from the low to the high and Very very good over here any question traders with this setup Did you take it? So great move for the day on these two very very good Now what I'm expecting is a possible pullback to this level For 35 and we're gonna see if we're gonna have a little bit more bounce. Okay, so this is what I'm looking right now I have to be honest with you this market a back tested and tracked 2023 The best moves happen the first 30 to 45 minutes. So all these Mid-morning moves that we may have on in video don't really work that much. So I'm gonna write over here some tips This is important. So over here putting some notes in the in the room NVIDIA best setups as members know happen First 30 to 45 minutes so reduce size when you trade Beyond 10 30. Okay Because a setup won't work as it open a lack of liquidity. I believe it's summer So this for in video this morning. We can look now at meta to here Okay the same setup that we've seen on NVIDIA we can see it also over here So what I like is the open Dipping to dust into this liquid area 300 I like this place Major demand zone. This was trace from the previous weeks We add over here a v pattern push the upside breakout Pull back over here. So essentially the same as NVIDIA and then move to the upside the two main points that I'm looking at is Where are the price? Holds and start making over here a major move and you can see this level over here 300 and then also the Reclaim in this case of the J lines. So this point over here and I started being strong The next Part is for me looking at higher lows in our highs and over here. We're forming these higher lows in our highs So we can see that we are in a bullish uptrend So how to buy these I Want to check over here for some charts that Membership this morning. So this is a tar from member. I think is a It's a pretty good example of how to trade it. So it is a very good job. Okay, so You should be able to see it good So the dip over here the gate is this right and I Think he had a very good feel over here. So three zero one You can see dipping to the G lines push selling to the side liquidity Right, this is a perfect example that it they took and then the second dip over here You can see bought the dip into the 300 huge bounce Now this point you can have over here the tarantula level sign because the whole rondo number and these number will behave as a major liquidity area will demand our concentrate and Then you start seeing when we have buyers. So you start seeing that bounce. We are still in a bullish move And in this case he bought he started selling into those key levels so Very good move over here anybody else traders took this morning Meta Okay, I see over here majority traders took only Tesla Nvidia not too many took a meta. Let's see But I believe it's pretty Easy to understand over here the play again v pattern the gates are washed into the demand zone bounce and then seeing these High liquid ears right now that are holding Now when I say that it looks easy is always look easy when you know something happened The structure is there But over here the trader be I would say show some very good skills in risk management Especially with the cut that he did over here and then with a timing to enter Exactly on this point why this level? So I see over here DM Why this level 300 Too many reasons. Let's look to let's look with the hourly chart first of all What we have over here is a previous resistance So this level is a previous resistance. Okay, and We reject a couple of times And then what happens here traders That supply area Okay becomes a demand zone So first it acts like a resistance, right? So we get to this area boom rejection fine then what reject this area and We have again a rejection. So it behaves like a resistance and Then over here instead what it breaks this area and A star curling over here above and having this played upside So over here we see a shift First we have supply Supply and that supply once we're holding in balance it becomes a demand So we're gonna write over here Supply supply demand now what I'm looking over here traders is not Any kind of entry if you're long in you long the dips. That's good. The Y simply Don't don't look to enter over here. Okay, I don't look to enter over here We're too extended from this demand area. We're too extended from the J lines. So you don't want to enter right here Let's see Hide over here Hide indicators. Okay, we don't really need that right now So we have supply supply demand Is it this clear? So watching over here looking to see if we can break this 308 put over here this So again, remember first, we have a supply once we have a rejection. Okay, and then the supply We have a second time over here is rejecting so twice and This is the third time over here Where we have demand So supply sorry shift to demand. Okay, so we have a bounce over here structure of bounce This is meta also. I see names some good job over here I Will share this one second. So this is another trader this morning that Let me zoom out a little bit so we can see the full picture I will be a little bit small, but you can see through that He got long and so and then it got long over here in this demand Also him at 300 start selling partial And then add a little bit more add a little bit more and then selling to this push Add a little more selling to this push So overall good very good job over here like very nice run Starting here and then recycling. Okay all this Looking with book map at the trend Looking every single time to buy these dips here Here here here and what I like about this is a structure that we have right now on meta Okay, I'm gonna zoom out a little bit so I can Show you better, but do like this put over here demand and demand. I Love the structure. This is a typical strong bullish structure That you can see on book map and it tells you High liquid in this case Okay, so bullish confirmation. Let's also run this on a one-minute chart we can Put these demands exactly where they are We start from this one over here 305s This one first one And then we have a second one and then we have a third one. Okay, so you can see those demand zones over here We're gonna put this so we have demand And this to make understand How book map moves. Okay So you see all these orders These are orders place On your limit orders a place you can see on your order of flow Book map These are all the zones of demand. Okay So these zones over here. This is where you have to buy the dip. Okay, so let's pass the next one Any question traders? Okay. Good morning. Good. I'm I'm not looking, you know, I let over here my friend Scott Pulsini to follow Goals so I know that tomorrow will be with you guys on the goal. I mean, this is the goal that we have today Dc or x a u and then uasd This is the gold But over here. We're totally bullish Okay Uptrend, but again over here. I let him talk And go over this So good job over here trading. Good job. Okay, let's go to the second one tesla So let's see What happened this morning on tesla? I'm gonna focus on a few things over here We're gonna go over The chart I mean the chart is still bullish If you're looking at Long medium in short term, this is still bullish Okay, let's look at tesla together So at the open traders I was looking for a dip What I did this morning was not taking a short what I was looking this morning was to look for a long play reason why I am read on this for the day, but 30 cents loss I'm going to explain why what I did So in primary we had a very good move a 30, you know, the data came up We traded like long on yes and in queue data cpi Move over here from the 230 273. So this demand zone up to the 277 50 At the gate. So this is 930 We start having this push You can see that they break this previous high and it cannot break this level of resistance And I was looking on book map and book map over here Didn't give me any Major supply area, but we saw that it was starting to fail We knew this I waited this area So I got long in this area around 275 and 50s was 47 entry Once it got to this level. I was risking this level of support and we got this bounce this bounce almost for 70 80 cents So over here I was in profit, but then you can see that we couldn't break this high And this high is exactly This level. Okay, so we bounce over here And we got to the 276. So we got to this level And then once we got to this level, we started to reject and reject reject. So I essentially got along over here to 75 and 47s got out to 75 and 20s Once it pushed a rejected reason to get out And you can see over here on book map What I was looking for I was looking again for the v pattern, right same that we had on NVIDIA and META was looking for the v pattern So META and Vita worked, but Tesla over here didn't work. So I'm going to make over here A tip This is important. So even for you that you're listening for the first time How we use book map. So META and Vita we had the same pattern But confirmed the pattern. Okay, the v pattern Tesla instead Was looking for the v pattern But never confirmed Equal small loss And this exactly the old the only thing you have to look for is Once it gets to this 275. So this was my major level of support. You can see over here We had to use the manual support I was looking for this bounce never came. Okay reason to step out So be always very disciplined And then this morning we're dipping to this Demand area over here 273 Which actually held one time second time third time fourth fifth time over here If we break this we're gonna have 270 potential 270 over here Let's see if we can have a double bottom and pushed upside for now. No play. I'm not gonna Enter at 11 o'clock mid morning for any kind of Long play. Okay traders. So I'm gonna be a little bit conservative Let me know if this is clear Next one we're gonna look at Amazon Amazon again, these are my levels. Let's look at hourly chart So this morning I share this chart over here for me. This is a bullish chart chart We can see what I'm gonna what amazon does and let's look at the price section. Okay Let's focus On the zone over here So what we see is that every single time that Amazon pushes It then has like This kind of price section makes lower highs higher lows always in contraction It pushes over here again. It makes these higher lows in our highs. It pushes over here again It makes all these so it doesn't it's not that fluent trend following consistent But instead we have breakouts And then pulls back We have breakouts and then pull back This morning I was looking for this breakout and break of this Supplier, you see this supplier I was looking for the break over here and push to the 134 never came Again, what do we have? We had the breakout And then right away push to that. Sorry pushed upside and then right away rejection And fail over here A little bit boring trading amazon lately I really prefer amazon when it was 2,500 bucks I don't really like this 130 moves is not that Hmm Interesting for me to trade this. Okay, unless you trade some options about otherwise not really interesting Looking at book map And looking at the one-minute chart This morning we had several dips So The strategy I would say behave pretty good because we had the dip over here, which is this level and it bounced, right? And then we had a secondary dip And it bounced again And then we had a third dip And it bounced up again And then a fourth dip over here and it bounced up again But rather than that No trend you see every single time that was getting to the 131 We are having Rejection of the 131 now on wine and we're going to weigh this To this major demand zone 129 I'm gonna see how it reacts This 129 Let's double check the demand area So the reason why I put this here is because we had A lot of dips over here And these were bought up There we go. I will use definitely this area And why this because We had over here a rejection. So again supply Demand Demand Demand Supply so you can see how it bounced over here And then how rejected how bounced up again Bounced again. So there's a possibility over here that we dip into this 129 128 and 70 and push it upside again Or if we fail We're going to weigh this at 127 So the market is just doing this is ranging in this case on amazon Between 127 131 Really range plays, okay We're looking to buy We're looking to buy We're looking to sell. That's the reason why we don't buy breakouts Reason why we want we want to enter dips all right Nvidia we already covered so I believe our trader are still in Came to this major demand area Actually supply area are done We're going to cancel over here some some levels remove drawings Now we're going to use only this level here There we go. I think the pattern over here is Pretty clear with this pattern, right? Nice ascending triangle And I love to trade stocks because we have these big moves like today 425 This went to the 439 so 14 points move Really perfect move this morning on nvidia Perfect move The two major dips you can see over here with the j-lines Early at eight o'clock Then an open 930 I wouldn't really look too much in the one of now Mid-morning A lack of liquidity Let's see also Netflix this morning So trying to curl Let's look at microsoft Microsoft another one that this morning trying to pretty good Nice dips over here today Let's go back over here to nvidia So nvidia over here is dipping to this 435 But as I said before I'm not looking at this time over the day to buy Market tends to chop out From now until 230 So generally what I see over here is a little bit of lack of liquidity So j-line is perfect over here buying the dips So for who's long If you are swing long, I see some traders too long in the morning in the room And they got in around as we said before 429 430 I would really consider over here Using this 435 as a guide Because right now we're possibly curling down and Having this If you're swinging instead you can give a little bit more wiggle room Let's look also traders over here again ACTI I know it's a small cap and a lot of you are big cap traders We also trade small caps This morning we Are short this around 10 15 The reason why is that we had a set up short This is a hald setup I don't know if a lot of you trade small caps, but this was a very good play That we had today Let's stay On mate again You know some nice play for this morning So possibly 306 Higher low and push 306 higher low and push But again, this is only if you're in right now as I said 11 o'clock this market Is not generally giving us very good mid-morning setups The best setups happen the first 10 15 minutes out of the gate the quittery here slowed down So remember before we had three Major demand zones over here now They simply Cancel in the way We have one form over here 305 this level A dip over here you can see washout. So when I look at these washouts here This possibly is going to push some but again no setup for me, right? You can see the perfect dip 306 and 40 So only if you're long over here, this tells you to hold the position This is the setup right fake washout It's essentially An under over on the same bar So look over here d-lines holding in over here again Not a setup that in this market. I'm trading mid-morning. Okay. I want to trade these at the gate thank you bus Exactly what I was looking at So i'm going to answer some questions If you have questions for you, please reach out No major sellers. You can see higher lows are highs I'm zooming in But a lot of people ask me how you keep bookmark if I keep it like one hour 30 minutes five minutes And I can tell you this I like to see first of all the overall picture So I need to know and that's the reason why i'm zooming out I need to know where we have the major liquidity stack when I talk about liquidity means volume And the reason why resistance Works is because we have volume over there Otherwise if we have no volume That's not really important So here we can see that we have three ten and three zero nine and fifty Why three ten big caps often will have like whole round dollar numbers Also for small caps but small caps you'll have also many half dollar numbers like Two to fifty three three fifty and so on so when I see these areas over here Okay, those are the areas where I want us to look to sell if I'm long Or to possibly short if I'm looking for a short position So If I have to answer I prefer to zoom out and see which areas Have volume only those areas of volume are interesting for me. Okay, so write this down only The areas of volume are important key levels Of support and resistance If I don't have that I don't really care about trading it. Okay Confirmation comes from volume remember Now the next thing to look at is the Confluence In this case of what? Of a previous technical resistance. Let's say we tossed Three ten ten points in the last two years and just make an example like that. Okay So we toss let's say multiple times and bounce or reject from there the three ten in the let's say past two years now It's not an example rail right now, but It's just to make you understand If today I have Also the price getting to three ten and three ten. I have volume now. We have one book map Two we have the technical resistance from let's say previous months or years or weeks or whatever That will give you a confluence of signals So one signal will be that we have a liquidity So if we have over here sellers that are placed, okay, so over here we have sellers placed at three ten So the price can get to this three ten and reject and at the same time we have an important year We're in the previous let's say weeks months or years We had the rejection or bounce That level becomes very important for me Because I can expect from that level A pullback a rejection or maybe even a breakout dip and then a bounce Okay, so always start looking for those errors confluence Okay, make sense Now let's go back on invida This is what I was saying before Now metha worked, but as I was telling you I don't really like to trade mid-morning Because the market tends to jump out. So if you go back in the last four weeks Six weeks eight weeks in the market You'll see that the best setup More than 70 percent of the time happened in the first 30 45 minutes Now That means that in the first 30 45 minutes of the gate in this basin statistic, okay I'm looking to take that entry then of course the entry can you know go even up for four days in a row But the major entry Happens in my case When we have the open, uh, let's go back and see tesla So tesla is appointing for today When we see this range Check a higher time frame. Okay. This is my higher time frame over here Tesla one hour Let's put this a little bit better There we go So we had a breakout this morning and fail But all these demand areas they held pretty good Now the one that I'm looking at Right now is a 273 So this year over here 273 If we can hold this and confirm Then we can have a push to a possible 277 280 next target and then 283 Tesla has a lot of supply above Okay, but the strength line break seems very very good What I need is this this is the setup that I'm looking for So higher lows in our highs and push to 85 my target for the swing is 300 So I'm still holding 300 Okay, through the last few minutes if you have question over here reach out We're gonna continue to look for the rest of the day Meta, of course It reset Meta runner personally traders. I believe this can go even 350 So meta will be one of those that is going to be in my wall service every single day Second one tesla Third Amazon for NVIDIA. I also would put Microsoft Google which are stocks that I often play Uh So good morning, Dario. So uh with small caps. Have you followed today? So today, uh, buddy, we had two main setups We had over here Some small caps acti In this case, you can see the trade over here taking the long but The trade that we actually alerted was short. So we actually Work on acti We work on a ult These were all a ult Faders for the day So a major dose two those two Okay guys, so five 11 20 If you have no more setups, we're gonna update to the next week I would invite you to watch again the session of last week Because was very interesting and we spoke about with With bruce About setups entries Maybe a little bit more in depth than today, but we've seen also that v pattern I wouldn't really look into that if I was you Was very very spot on authority last week episode with Bruce Pringle I want to check also here ptpi because it just halted right now We have a stock with the micro float low institutional ownership This stock has a baby shelf restriction Can still like raise a little bit of money has lack of money So ptpi Could be interesting. Let's see on a daily chart Major levels over here So we could see this at 370 Or into the five so i'm looking ptpi 370 Or into the five level for a possible short All right traders, so we're gonna update next week. Thank you in the meantime for the good morning Uh cpi day review what we talk about. Uh, see you next week and if you need reach out Uh, jtor.co. Thank you and see you next time