 Hey guys, this is Hydra back with another video for this week And yeah, we're just gonna do another market analysis or weekly market overview video And I had to start off. We'll take a look at the indices as usual start with the SPY Take a look at the weekly chart So really strong week for the market in general this week, right? So SPY was consolidating here made a bull flag and then put in another Consolidation bar and then this week we broke out as well So extremely extremely bullish action, right? And we're consolidating breaking out consolidating breaking out it's a really good action overall and Next target for the SPY is 453 and that's where we should see some major resistance level But also 450 is also psychological level. So we could see some resistance there as well so around 450 to 453 is where we should expect a lot of resistance, right and You have really really strong rally the last couple weeks, right? All we're not even getting that much consolidation All we're getting is one week of consolidation and then we're just rape or we're just making new 52 week highs So really really strong action overall Taking a look at the daily chart definitely getting a little extended here and the pullback to 444 would be expected and Yeah, potentially this gap could fail as well. So just be cautious out there the market is definitely very bullish But don't get don't be buying extended and make sure that you have good risk-reward entries and Yeah, overall really good action on that few. Why let's look at QQQ now So QQQQ is even stronger QQQQ actually broke that 370 resistance level it's been consolidating for four weeks and then this week. We've got a really big breakup bar They're really really nice action right next resistance level would be So 382 is the next resistance level and we actually hit that this week, but we rejected off it so that's an important level to note for sure and I think We're definitely very extended here and some consolidation would be a good thing So if we can consolidate back to 370, I think that would be perfectly normal action But yeah, I think there's a good chance that we Pull back and then come back to this trend line. That's very possible But again QQQ is extended here So don't be buying anything extended make sure that you have good risk-reward entry points But overall really good action on both the indices QQQ and SPY QQQ is obviously stronger So you want to be paying more attention to those type of names tech names but yeah overall really good action on both indices and overall the market's doing really really well and Yeah, you definitely want to have long exposure and you shouldn't be looking to short here You should be looking to buy on pullbacks instead But yeah, that's pretty much it for the indices and now we'll take a look at some individual big cap tech stocks starting with the Apple So Apple was forming this bull flag last week And it's still forming the bull flag but It's actually tightening up really really nicely here. So really small bull flag forming right here, right? two inside days and We're tightening up here and it's on the support trend line. So I think Apple is ready to see another leg up so I'm expecting If Apple can break 191 192 ish Then I think we could see it move back to 190 or back all-time highs and then 195 and then 200 So really good action in Apple and that's just consolidating nicely this week, right on the weekly chart Yeah, just building a bull flag here. Oh Really strong breakout consolidation bar another consolidation bar. So really good action Nothing to be worried about if you lose this trend line Then we could see a bigger pullback and a pullback to 182 potentially, but yeah, that's pretty much it for Apple really good action Next up AMD So AMD is still stuck between this range So the range is 117 to 107, right? AMD has to break in either direction for a clear move up or down So if we break on 17 so we tried to we tried to do that last week Or we weren't able to close above it, which is not good, but not bad either, right? There's still potential that we can just get back above it next week and then Yeah, we'll see what happens but that 117 level is definitely a key resistance level and Let me see if that can get taken out next week, but AMD still acting fine, right? I'm actually making a new trend here. So more consolidation tighten up more and then we can break out potentially but yeah overall it's good action on AMD and Nothing to be worried about but it could just potentially need need more consolidated patient So I just be patient on the AMD for now Next up Amazon So Amazon finally got that big break out to that 130 oops 137 level So it's tightening up here tightening up here and then to put a shake-up bar and then Reversed and then broke out really really strong action 137 is a major resistance level So now you should expect a lot of consolidation Just go sideways for a couple weeks and then potentially Form a flag and then break out again, right? But overall really good action for Amazon Next up we'll take a look at Google So Google had a really really strong week It was forming a really nice bull flag right made a really big move and then I was consolidating pulling back slowly And this week it broke out out of the bull flag. So let's take a look at the daily chart Get a really good action, right? So 127 is the major resistance level So we want to see if that can take and get if that can get taken out And if that can get taken out then we have a lot of upside potential, right? Next So there's some resistance at the 130 level and then after that we have We have room all the way up to 136 So the 127 level gets taken out You would want to be looking to buy Google here and then first target would be 130 and then 136 But yeah, really good action on Google as well Next up Meadow Meadow has been absolutely killing it. This one just keeps going higher and higher Um There really not much to say this one's been holding the trend the entire time broke the key resistance level 305 And it held above it for the weekly close, which is really good action um Now it's definitely getting extended here And you want to see it consolidate for a little bit because this move is just crazy, right? So you definitely want to see some consolidation for a little while Go sideways for a little bit and then make move up higher again But the next resistance level is 350. So Still a lot of room for meadow here, but yeah overall really really good action Next up Microsoft So Microsoft was forming a flag and then this week it broke out of the flag But it wasn't able to close strong but still really good action so that 345 level is a key resistance level And uh, we were able to close above it, but yeah, we'll see how it goes in the coming weeks, right? So on the weekly chart really clean cup pattern, right and Flagging for a couple weeks and then breaking out but We got to that 351.5 level and then we closed above we got rejected But the market was extended that day. So it made sense to pull back in but We want to see what will happen here, right? So more consolidation would also be a good thing And as long as we hold that support trend line Microsoft is in good shape, right? But yeah overall Microsoft is either Either needs more rest or we could see it continue to just rally higher and higher But overall really good action for Microsoft as well Next up Netflix Let's take a look at the daily chart So Netflix has So Netflix had resistance at the 448 level and it tried to break out on Friday and Thursday But it ended up closing below. So Still stuck in consolidation and Netflix might just need some more time here But overall it's acting really well, right? And it's starting to tighten up more and more here So a few more days of consolidation and then we could see That 448 breakout and then a move up to that 470 to read level 474 level Overall really good action on Netflix as well But yeah, and then next up Nvidia So Nvidia had a really nice setup on what is this On a Wednesday. Yeah, so it's flying And it made a really nice tight setup here, right? Really good risk reward on Wednesday It was a really clear buy setup when it took that 431 level out This wasn't what I was saying last week as well, right? Really? This is a key resistance level It got there once twice rejected and then on a third time it finally took out and Finally took it out and made a really big move up But and media stuff may extended here and we can see some consolidation. So be prepared for that And then last Tesla So Tesla finally broke that bull flag this week And the key resistance level is 284. So we'll see what happens how it handles that but some more consolidation would be a good thing here as well But overall Tesla is acting really really well Yeah, not much to say on the weekly chart It's just that 284 level is clear resistance level If we can take that out then next the target would be 310 overall really good action on Tesla Um, yeah, that's pretty much it for the big cap tech stocks Now we'll take a look at ARKK. See how growth is doing Really big breakout from growth stocks this week, right? You're forming a flag here Four weeks of consolidation and then last week we had a really really big breakout and really good action Um, next target would be 52 because that's where we got rejected last time So we have a lot of upside potential here still Um, yeah, it's definitely getting extended here. So some more sideways Some more consolidation or sideways action would be a good thing And then potentially we could see that run up to 52 overall really good action on growth this week And some specific stocks that have been doing really well as coin Insanely strong breakout on thursday then on friday putting a consolidation bar So I want to see if you can Form some sort of flag consolidate for a little bit and then that'd be a good setup to look out for Overall really really good action really strong weekly breakout and really nice volume Um, but yeah coin is one of the strongest ones right now and then A EHR this one had a really strong gap up on Friday Really nice volume. So this one's back on my radar. Um, I want to see it go Consolidate for a little bit and then see if it can run some sort of flag But this one has my attention really strong volume really strong gap up It's a 52 week highs or yeah new all-time highs. So this one has a lot of room to just keep All going higher and higher. So definitely paying attention to this one really strong struck really strong stock like for the last couple couple years to actually that's trying from Made a really strong run in 21 or sorry 22 then consolidated or pulled back in and then It started getting heating or it started to heat up again at the end of 2022 and then 2023 It's just been taking off ever since a really strong stuff that you want to be paying attention to Um, next up, we'll take a look at carvana It's carvana had a really strong breakout Um last week. Yeah Last yeah insanely strong breakout and now it's consolidating here very very nicely. So We'll see if some for some sort of flag can form a flag is currently forming So we want to see a couple more days of consolidation a nice tight and good risk forward entry And this could potentially be an a plus setup, but yeah, definitely keeping my eye on this one and then Last but not least we'll take a look at um upstart So this one had a really nice breakout on Monday. So a really nice flag forming here and then had So it was a very clear player here, right 38.7 was the clear resistance Area and on Friday or on Monday took that out and then ever since then it's just been um Trugging along higher, right? So this one is getting a little bit extended now So you want to see some rest some sort of flag form? And then this is the one that you definitely want to be looking to buy But overall really good action in the market for the last A really good action for growth stocks and uh specifically for the last week Tech in general has been really has been doing really good And even the general market SPY has been doing really good. So everything's very bullish But things are getting extended now. So you want to be patient wait for good entries buy on pullbacks But yeah, that's pretty much it for this week. Thank you guys for tuning in