 What is going on everybody, Astos here. Welcome back to another video. So in this video, we're going to be going over an overall market update looking at the Dow Jones, the S&P 500, and the Nasdaq. And we're also going to be talking about one trade that I made today, the 20th of December in 2018. So for all you guys that are new to my channel, my name is Astos, and I make videos dealing with swing trading, day trading, long-term investing, and my personal philosophies and strategies when it comes down to investing and trading in the stock market. So for those of you guys that want to learn more about the stock market, investing and trading, feel free to drop a like, leave a comment, subscribe, and follow me on Instagram as well as on Twitter, and join our Discord group chat as well as our Facebook group. All of those are linked down below in the description box. And if you guys want to be in contact with me and about 350 or 360 other investors and traders on a day-to-day basis, feel free to join that free Discord group chat, guys. It's very helpful in there. The community that we've been able to build around the stock market and this channel has been absolutely fantastic. We're talking about trading, investing, stocks, strategies, news, philosophies, on a day-to-day basis. And if you guys want to learn more and just be in a community that's very helpful, please, please, please join that. And again, all of the social platforms, the Discord, they're all linked down below in the description box. And I can't wait to see you guys in there. And let's get started with today's video. So like you guys read in the title of this video, the NASDAQ entered into bear market territory today, the 20th of December in 2018. And before I do get into this, what constitutes an index, a stock, an ETF to be in a bear market? What makes an ETF stock index be in a bear market? Very simple. From the peak of that index stock or ETF, if it falls 20% from that peak, that is considered entering into bear market territory. So we can see right off the bat, here on the NASDAQ, I don't know if we're still technically in bear market territory because we ended off closing the market on a little upswing, as we can see here. But the lows of the day today in terms of the NASDAQ were technically considered in a bear market. So if we can get it exactly on 6180, there we go. And let's see how much it fell from the peak at about 7728. So you can see it right there, guys, about 7728. That's literally exactly 20.04% drop from the early October humongous sell-off that we saw across the entire stock market. And if you guys have been paying attention to my videos, I've been talking about how the NASDAQ has been getting hit the most out of the three major indexes out of the Dow, the S&P, and obviously the NASDAQ. So now that we're down 20%, well, technically, we're only down about 19.5% or something like that right now, because we did end up swinging back up to about 6,300. So if we see where we are right now, we're down about 18%, 19% at this point. But the fact that we're right on that cusp and we broke into bear market territory today, not very good sign whatsoever, not a very good sign whatsoever in terms of the NASDAQ. So just judging off of this chart, guys, we clearly broke below this support that we had drawn out from a couple of trading days ago at about 6,500. We clearly broke below that. We're making the patterns of lower lows and lower highs. It's very evident, guys, that we are in a very selling off panicky stock market right now. And if we take a look here at a couple of years, not a couple of years, but a couple of different time frames so we can get a better understanding of a couple of years back and even a year back in terms of the NASDAQ so we can see what other support levels that we can draw. So on the one year, one day chart here, we can see the support levels from a couple months back, like we talked about in other videos. Those are pretty much all, they've all been broken beneath of. This one was broken beneath of today at about 6,300, although we are pushing back up above it now. We did break below at about 140 points below this support. So on a technical basis, guys, we broke below that support level with the next one being at around 61, 64, which is actually literally exactly where we bottomed out at today. So one year, in terms of this past year for the NASDAQ, guys, we are literally at the lows of this year right now. We see since the beginning of 2018, we can see it right here, the low in 2018 has been 61, 64, and we're pretty much right around that level right now. So let's just take a look at a three year one week chart so we can see the next support if we do end up breaking below this, which I personally think we will, again, due to all the uncertainty in the markets, the tariffs, the trade war, the interest rates going up, all of these things that we've been talking about, and I'm sure that you've been seeing in the news, this is going to have some more downside for the overall markets in my personal opinion. So just judging off this, guys, the next support we really can draw out, it's not here at 5,500, although this is one. Might as well draw it in. Why not at this point? Because we could potentially even get there. I'm not saying that we're going to get this low because that's heavily into a bear market. But just to give you guys a better perspective and you can see the different supports that I'm going to draw out here. So you can maybe do it on your own as well and just keep up with these longer term charts. Because at this point, guys, the 180 chart, we're not really able to draw any supports on it because we've broken below all of them already. You know what I mean? So now I'm just transitioning into longer term charts. So this one we can draw is at about 5,700. This one we can draw at about 5,500. The next one's at about 5,800. We can see that. And after that, technically we could say about 6,000 is another one right here. So just keep an eye on this level right here, guys. I know we technically bounced on it today, but just keep an eye if we continue to sell off, we might be able to break below that one. And after that, it's going to be around $6,000 for the NASDAQ. That is the next support level. And obviously, like I've been saying, if we do end up breaking below this one, we're getting deeper and deeper and deeper into bear market territory. And obviously, guys, a bunch of large cap stocks are going to be on sale. If this does end up happening, a lot of them, on my personal opinion, are already on sale. But just keep an eye on all this stuff, guys. Just keep an eye on it. Draw these on your own and just play it by ear. See what's going on pre-market hours every single day to see what direction the markets are pushing. So this can really dictate what you're going to be trading for that day. So let's just take a look at the Dow very quickly, then the S&P 500. So very similar situation here. Earlier this year, we had a big sell-off in 2018 and about February and March, we held above the $23,500 level. We can see that actually on the one-year chart. But obviously, we plowed through that support. We're at about $22,000. We fell all the way down to about $22,600, which was down almost 16% from the peak. And now we were able to come back up a little bit at the end of today's session. We ended up swinging back up a little bit. We ended up selling off. We swung back up, broke out of the intraday resistance on the 50-day chart. But pretty much, guys, everything is just bloody right now. Everything is bloody. We're breaking the long-term supports. Nothing is looking good on a technical perspective, technical basis. As of right now, in December in 2018, in the overall stock markets. And the funny thing, guys, is that historically the markets have actually done extremely well from December to January. Typically, we do very well December to January. And then after the holidays, we kind of see a little sell-off in January, February. That has happened a lot historically. And this is one of the worst, I believe it might be actually the worst performing December ever in the stock market. Don't quote me on that, but I think I actually did hear that. Let me know if I'm right down below in the comment section. I would love to know if any of you guys actually know or can back that up as a factual statement. So one day, one-year chart, we obviously broke below the supports. Like I said, let's take a look at the three-year one-week chart. So at this point, guys, a 22,000 Dow Jones at this point in time does not seem too unrealistic, because we've been seeing 500-point losses literally back to back to back to back days. I believe Friday, we had a 500-point loss. Monday, we had a 500-point loss. I think on Tuesday, we had a little bounce back day. Yesterday, we had a big sell-off after the interest rate meeting. And today, clearly, we're down 2% and yet another $500 loss. So we've been losing, I think, about 1,500 points, about 1,500 in the Dow Jones since this past Friday. So another 500- to 800-point loss to get us back to around 22K doesn't seem too unrealistic as of right now. So the next support we really could draw out here, in my opinion, on the Dow Jones, one of them is at around $21,600. The next one could be, you could make one right here. It's kind of difficult when we're on uptrending patterns like this to really draw a support, because when we're on uptrending patterns, we're constantly just breaking through resistances and we're just slowly raising the support level. So it's kind of difficult to draw them out, but here in situations like this where you have consolidation for a couple of months, that's easy to draw out. That's easy to draw out here as well. But in areas like this where it's steady growth, steady uptrend, it's kind of difficult to see them, but we can see one here at about 21,600. Maybe we can draw another one here at around 22,300. So just keep an eye on this 22,300 area. And the next one after that would be 21,500. And if we honestly get that low, guys, that's going to be putting us in bear territory for the Dow Jones as well. And it's going to be putting us right on this 180 simple moving average right on top of that if we're looking at the three year one week chart. And a lot of people are panicking right now. It's very obvious. A lot of people are panicking. But if you have a long term strategic plan in the stock market and you're also trading in the short term like I personally do and a lot of other people out there do, this is just textbook stuff, guys. This just happens or this stuff happens all of the time. Just look historically, guys. We have corrections in the stock market literally all the time. And every single one of those corrections, people panic and they think it's a crash, the world's ending, all of these different things. But historically, every time we've had a correction, we've bounced back and made new highs within a couple of months, whether that be a year or two years, we've bounced back to make higher highs every single time that we've had a correction, guys. Just take a look on this 20 year one month chart. Let's say in 2001, we sold off here. I'm sure a bunch of people were panicking, selling, crazily selling, very, very scared. But this year, guys, if you had a long term vision, you would have made money if you held a couple more years to 2007 when the next recession pretty much happened. Because we had one here during this time period. We obviously had the 08 one, which was terrible. But the thing is, guys, if you invest even at the peak of the market, even if you think it's the peak, the worst time to buy, historically just giving base off of this 20 year chart, even if you bought at the peak, you would still be up 10, 15 years later. Just take a look. You bought at the peak here right before the crash at 11,000 Dow Jones. If you held another 8 years, that would be a $14,000 Dow Jones. And what is that? A 30%, 40% gain in a matter of a couple of years? Although that's not stellar, that's not the run that we saw here. That's still very solid. That's still pretty, pretty good. Even this example, you bought here at 13,700. You would have lost a crap ton of money all the way down here. But if you held through the pain, you had that long-term vision, and you held for a couple more years, you would have even doubled your money within 10 years, guys, in terms of these indexes. Literally, if you just held the index, if you held the index, you would have doubled your money. And if you got into other stocks like Apple, Amazon, Netflix, you would have made even more than double your money. Even more than double your money if you got into those stocks at the peak. These stocks, guys, the markets right now, don't let them scare you. Don't let them deter you from your long-term vision. You've got to keep that strong, guys. You've got to keep that core, your long-term vision. You've got to keep it solid, because historically, stuff like this happens. It always, always happens. Let's take a look at the S&P 500 very quickly. This one got hit pretty hard and it actually got to my $24,000, or not $24,000, $2,450 price target today that I actually made a couple of videos ago. I made a video called S&P 500 heading to $2450. And we actually saw it get all the way down to $2440 today before having that nice little turnaround to end off the market. But in terms of this 4-hour 180 chart, everything's looking terrible. We were once trading in this little horizontal pattern right here. But obviously, since then, falling knife, we've lost a ton of money in the index, a couple red days in a row, very bad red days. And the technicals on this one are telling us that we're breaking below the supports. We plowed through the ones back in February of 2018. And now we're testing ones from years ago, right? We can just take a look at this three-year, one-week chart. At this point, guys, the next support, well, not really years ago, right? This one was from last summer in 2017, or two summers ago. But we're testing supports from a couple, you know, 12, 16, 24 months ago at this point. So just keep an eye on this level right here, guys, at $2420. Because on a technical basis, this is the next support for the S&P 500. And that'll put it right on top of this 180 simple moving average. You know, if we break below this 180, guys, if we start to creep into the 2300s, 2200s, that's going to be a very, very scary sight. You know, I don't think, you know, I'm not saying that we're going to fall this far. You know, maybe 2300 is a little bit unrealistic. But anything can really happen right now, guys. Anything can happen. And obviously, if we do get to this range 23, 2200, that's going to be putting us very deep into a bear market, or really just, you know, getting into a bear market down about 22% if this does happen. But, you know, for the S&P, guys, please, please, please, just keep an eye on this level. Very key technical, you know, technical level here, as well as on top of this 180 S&P on the three-year chart, because this has acted as a support in the past. So just keep an eye there, guys. It's going to help you determine what to trade, or you're going to be trading some inverse ETFs, or you're going to be trading large cap stocks, or you're going to be trading market ETFs that go up when the markets go down. It's all, you know, all these decisions of what you're going to be trading, all should be coming, or that's what I personally do, right? They should all be coming from, you know, your analysis of the indexes and seeing, you know, where those indexes are pushing. So that's what the markets are looking like right now, guys. They're looking pretty ugly, not too nice on a technical perspective. They're all breaking below the support levels. They're already, you know, they're down, you know, pretty much the whole market at this point is negative from the beginning of 2018. And just things are not, not, not looking good at all right now. And, you know, I'm sure a bunch of people are getting crushed on their long-term positions. I've been getting crushed, but, again, having that long-term vision, guys, understanding that, you know, eventually we're going to bounce back based on history here. And, you know, it's just a matter of time of waiting, being patient and not panic-selling out of strong companies, very solid companies in times like this. So let's talk about what I traded today. And it wasn't TVIX. I'm sure most of you guys thought it was TVIX. I actually missed my opportunity in TVIX today. I'll get into that in a couple of minutes. But what I was actually able to trade today was D-Gas, ticker symbol D-G-A-Z. And this is a natural gas-based ETF. I'm sure most of my audience knows what this is. It's an ETF that goes down in price when natural gas is going up in price, but it goes up in price when natural gas is selling off. So I'm sure a bunch of you guys saw today the sell-off that we had in natural gas. Once that report came out at $10.30, we saw a lower supply in natural gas. We initially started to shoot up into the $3.80s. I believe $3.85 is the peak that we saw today. And I could show you guys here on this 20-day one-hour chart. We can see today was what? $12.20. Let's see. $2.00 a.m. We peaked out here, $6.00 a.m. We peaked at about $3.90. We pulled back and at about, let's just go to the one day, we could see it easier here. At about, you know, at about eight o'clock, you can see here, $3.90. We started to sell off. We started to sell off. And this is when the report came out, actually. Then we started to see a bullish move in natural gas, right? All the way up to here to about $3.83, not $3.85, like I said before. $3.83 was actually where it ended up shooting at. And then we started to see a sharp sell-off here. And this is actually when I ended up entering a position in D-Gas. I initially got in around $73.30. And I ended up adding more money on a pullback at about $73.60, I believe. And let's see how this correlates over here to these D-Gas charts. So the D-Gas chart, guys, let's take a look. I mean, obviously, you know, we started to sell off or the hike up in natural gas early in the day was sending D-Gas down to about the mid-60s, guys. Holy crap. If you were to buy pre-market, you would have made 25, 20% on your position today. But the sell-off here was obviously because natural gas was moving. We started to sell off in natural gas. And that's when we started to push up in D-Gas. And this was honestly opening my eyes pre-market hours. And once the bell rang, but I wanted to wait until the report today and get more of a direction in natural gas before trading D-Gas. So, you know, that report came out right here, right? We ended up selling off, you know, decently down to about $71. And then once we started to break above this 50 SMA here, I took a position at around $73.30, like I said, right? We ended up riding all the way up to about $78.80. I did not sell here. I did not sell here. Mistake on my part, guys, honestly, because I ended up selling around here at about $76.12. But, you know, we ended up pulling back here. And I realized since we're holding here, guys, I was going to end up buying more. So, I ended up buying more at around $73.55, bringing my average cost to around $73.42, I believe, to be completely exact with you guys. So, $73.41 close enough, up to about $76.12. I believe I made about three to four percent on this position. We can see right here. So, about 3.5 percent on my DGAS trade today. And literally, guys, this is when I ended up walking away from my computer for an hour. And we can see here, you know, in terms of the time correlation, this is when I ended up missing TVIX. Like I mentioned in the chat, guys, I missed it. And around that same time period, like take a look, guys, look, around 11 o'clock or 1115, once I ended up leaving my computer to go eat or whatever I did, you know, this is when TVIX took off literally from 62, all the way to 68. So, if I was buying my computer, guys, trust me on this, I would have caught this play. But, you know, things like this happen, right? You know, you take a profit on a trade, you step away, you miss another trade. This is just part of the game, right, guys? I'm just sharing this with you so I can be a little transparent with you, right? You know, I missed out on this trade, but I'm not mad about it, right? Because, again, it's part of the game, stuff like this happens and I just got to move on and just be happy with what you did make for that day, right? I made 3.5% today. Sure, I could have made another 5% on top of that if I were at my computer literally from 62, you know, up to 64 during that massive market sell-off that we saw. But, you know, I'm not stressing it, right? I'm not stressing it. I made 3.5%. My daily goal is 3-5%. I hit it in one trade or two separate positions in one trade and I'm happy with it, right? I'm happy with it. So, drop a comment down below. Let me know what you guys ended up trading. I would love to know and, you know, let's chat about it. So, let's look at some other stocks. Let's see what has been going on in terms of these larger cap stocks. Some of my long-term investments, let's talk about some of my long-term investments that have been getting crushed over these past couple of weeks. So, Apple, guys, we are in the 150s for Apple, guys. This is absolutely ridiculously crazy, in my opinion. We were at 230 literally two and a half, three months ago and we're all the way down at 155, guys. Unbelievable. I remember I bought shares of Apple, not this Christmas, not obviously not this Christmas, last Christmas, I bought shares of Apple at around this same price, I believe, or like $140. So, the fact that we're back at this price a year later, you know, makes me kind of happy, honestly, guys, because I want to load up on some more shares, but I'm being a little bit patient on this, guys. I'm being a little bit patient because I do see more downside. So, I mean, ideally, I would like to pick up some shares in the lower 150s, but I'm just playing it by ear, seeing what's going on with the major indexes before I do end up adding more to that position. But, again, just being patient with it. But let's just go back to what I was saying a little bit ago. Let's see. Last year, Christmas, yeah, around the 150 range, guys. Take a look at that. I remember I made a video, actually, that I was buying Apple stock. You know, I bought Apple stock last year. I think it was around, maybe it wasn't the 150s. Maybe it was the ones, yeah, it was actually the 170s, guys. So, the fact that we're lower than where we were last Christmas is absolutely crazy. It's just an awesome buying opportunity, in my personal opinion. And this just really shows how heavily Apple has been crushed. And, you know, it's kind of obvious that Apple was going to be getting, you know, crushed from a big market sell-off because it's one of the biggest companies out there. It was once, I don't know if it still is actually by market capitalization, but it once was the largest company, right? Remember, you know, a couple of months back when we hit a $1 trillion market cap? Well, Apple's the first company that was able to do that. And now, obviously, guys, you know, the market cap is probably around like $700 billion right now. Don't quote me. I haven't checked it in a little bit. But, you know, since the sell-off, obviously, the market cap is probably down quite a bit, right? You know, when shares are being sold off, stock prices are going down. You know, obviously, that's going to shrink and shrink and shrink the market capitalization. But, you know, again, it's just a buying opportunity in my personal opinion. And just very interesting times that we're in, guys. Very, very interesting times. Because, you know, we're seeing a huge sell-off in the market, but we're not seeing any drastic economic, you know, economic situations that we typically see before the stock market does end up getting crushed. So, we're actually in a very tricky, interesting predicament right now in time in 2018. It's a crazy time to be alive and be in the stock market, right, guys? Just a crazy, crazy time. So, you know, that's what I'm looking at in terms of Apple. You know, another position I have, I'm sure all you guys know this, is Facebook. I started scaling in at around $1.70 a couple of months back, bought more at $1.40, bought more at $1.30, you know, still holding onto those shares. Obviously, I'm a long-term investor and a trader. But, you know, just to show, you know, Facebook stock, guys, is down like a ridiculous amount. It's down 40% from the peak. So, you know, these tech stocks, these main stocks in my portfolio have been in a bear market for the past couple of months, right? And I've talked about that in other videos. So, you know, what other stocks are in my long-term portfolio? I'm about to show you guys some of my stocks. You know, obviously, Micron's in my long-term portfolio. You know, I don't even want to get started on Micron. This one, guys, literally, I started buying in around $60, I think, not $60, maybe like $55, right? Ended up buying more at around $52, and I'm still holding onto those shares, guys. I'm down like, being honest with you, I'm down a decent chunk on the Micron shares, like 35%, 40%. Down a pretty big amount, to be honest with you guys. But, you know, just to show you, you know, I'm just being transparent with you just so you can see, you know, the amount that these stocks have been getting crushed, some of them more than others. But a lot of these stocks are down way more than what the indexes are showing, right? Because a lot of these, you know, quote-unquote value stocks have been holding up the stock market, right? I've been holding up the indexes. But once these stocks start to fall, right, we obviously saw J&J go, right? That one got crushed. But some other value stocks that have been doing well, once we start to see them go, right, I think the indexes are going to fall and get deeper and deeper and deeper into bear market territory. And like we saw in the beginning of this video, the NASDAQ's already in bear market territory, guys. So if these value stocks, if these safer blue chip stocks start to go down heavily, it's going to get real, real ugly quick. And I would not be surprised if we get, you know, 20%, 30% down in the overall markets. But before we get ahead of ourselves, before we get ahead of ourselves, let's just wait and see, you know, let's wait a couple more weeks. Let's see how this plays out. Are we going to end up bouncing back? You know, because we've been selling off pretty strong, you know, we could even see a market bounce back in the next couple of weeks, a couple of months, especially if Trump, you know, and China, you know, come to an agreement, which is possible, guys, it's possible, it's going to be difficult, but it's possible. But we just got to wait and see, guys, all we can do is wait and be patient and keep studying and keep, you know, building our strategies and philosophies and all the stuff that we do on a day to day basis. So I hope you guys enjoyed this video. If you did, feel free to drop a like, leave a comment, subscribe, follow me on Instagram and Twitter, and join our Discord group chat, as well as our Facebook group. All of those are linked down below in the description box. I'll catch you guys in the next video. Thanks for rocking with me. Thanks for supporting as always. Have a great one. Peace out.