 So these are the important numbers going into at least for the next couple of days. The Q's need to reclaim 286 on the close. If they claim 286 on the close. Welcome to Access to 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 evening everybody. Welcome to another edition of theaxesatrader.com. Nightly wrap up show. Hope everybody is doing well. I usually don't record a video on Thursday nights. It's kind of my day of decompression, kind of resetting my brain from like speaking for the whole week and trading and all that good stuff and recording the video and doing charts and this that the other thing. Now usually my brain is fried, but since I didn't do a video on Tuesday, you know, figured share some thoughts today. And there's a reason why I'm usually brain dead going into Thursday, middle of Thursday going into Friday session. And today, you know, it didn't make it any better. So let's talk about it, right? As always guys, again, I really, really appreciate everybody's support. Continue to like and if you haven't so please subscribe to the channel. I think we try to provide a lot of great unbiased value on a night to night basis and obviously on the weekend. So let's talk about the tape. So I thought I made, if you watched last night's video, I thought I made a pretty compelling case of the similarities between a four day run up, you know, four day run up after the 50 day moving average was reclaimed this time around compared to what we saw going back to July the 18th. Same thing. You had a four day run up. They came in, right, needed a little rest. The five day got confirmed and they went lower. And you know, yesterday we talked about the same thing. The market got a little gassed out, little tired, needed to reset, tested the five day moving average. And the whole plan today was if we could confirm the five day moving average, which we talked about last night in the video, I thought we had a shot to go lower. And that was good, right? It looked great on paper, looked phenomenal on paper. But this is one of those scenarios that being right. And we always talk about how it's ridiculous to be in this business to try to be right. It's important to be tactical. It's important to be to be mindful of what's going on and take advantage of the scenarios in front of you. And unfortunately, this was one of those days that, yeah, I was right, and I had nothing to show for it. Very, very frustrating day and let me explain. So this is last night's, this is last night's, you know, initial pivot watch, right? You can see, and again, these were my notes. And obviously we go through everything at morning strategy. But these were my notes, right? I'm not short buys. It's just the game plan going into today from last night. It's just a continuation of the rest, the market needs a rest. Absolutely phenomenal move. We're just looking, we're just again, like I said last night video, we're just trying to capture that day two, right? That day two move to the downside. So these were the pivots last night, Metta, Tesla, Netflix, AMD, Amazon, the Q's, the spies, Tula, which I Tula, I wasn't even watching today. But it's everything else. So when we came in this morning, we came in this morning, everything just got absolutely destroyed. Absolutely destroyed pre-market. Everything that I wanted to do was ridiculous lower. Metta, last night, the pivot that I wanted to trade was off that 1266. Metta opened up, opened in the 109s. Tesla that I really wanted, you know, through yesterday's lows, you know, open the 83, we'll get the Tesla in a second, just kind of stood there the whole day, 83, 82, 83, 82, nothing, nothing would break. It broke towards the afternoon, which when I already logged off. Netflix, I loved, loved, loved this pivot at 302. It was 293 pre-market, right? Just everything got destroyed. AMD was $2 lower. Amazon, you know, Amazon went down like 50 cents, nothing. But here is the major two drivers. This is where we lost literally all the value of the day, okay? Qs, I loved, 284.60. They opened at 281. Why was 281 significant? Because 281 was the measured potential, right? Measured potential where I thought this whole day would end or at least move into the goal line. And, you know, once you see everything gap down, literally 99% of our whole watch list gap down at pre-market into measured potential, the value is gone, the absolute value is gone. You know, look, losing money is part of the business, making money is part of the business. But the one thing we don't have control over is overnight pre-market, after hours action, overnight futures, pre-market futures. And unfortunately, today was one of those days that completely everything that we wanted to do was done, literally done before the market was open. And then we knew the fact that we knew that the Qs stopped right at this 200-day EMA. It was very, very important, excuse me, 50-day EMA. It was very, very important to kind of understand, well, what's about to happen next, right? How can you possibly go short knowing that we just opened at the 50-day moving average, not to estimate that I'm still looking for, but the EMA. So it made a very, very just tortures day. I just literally sat there the whole day. There was no value. And, you know, I was very, I don't want to use the word I'm frustrated, okay? I was more disappointed that I knew we had a two-day window of downside action. We might actually get a third one tomorrow, we'll see. But I knew we had at least a two-day window of downward market action, just because we needed a rest. And obviously, this, you know, what's happening in the last couple of days is kind of mirroring what happened in July. So yesterday, we caught the value. The problem that today we didn't. So I basically just sat there the whole day just watching stocks bouncing off their pre-market levels and just grinding, right? There wasn't any value, there wasn't any channels to take advantage. There was a lot of grinding back. And then at some point towards the afternoon around 2.30, 2.45, they just pulled everything, right? Pulled everything again. But when you look at the final tallies, I mean, nothing, you know, nothing really got accomplished today by the bears. You know, unfortunately, it's like one of those scenarios, you know, the tree fell in the forest, but nobody was around to see it fall. Did it make a sound? And the whole point was we couldn't take advantage of the second day of downward action because it all happened pre-market. And if you look at the scoreboard, right, you know, nothing, you know, Dow was down seven points. The S&P 500 was down 12. The Nasdaq was down nothing, 38 points. So the bull thesis is still there in a perfect world, right? And we said about it, and we kind of started last night's video with the same kind of scenario. And I said, well, in the perfect world, we'd get a little bit of a move up in the morning, right? Get stuff to turn around, take out taste channels and move down to this 281 level. Well, again, it didn't happen. So now the next perfect world would be this, right? If we could somehow get one more day, okay, obviously, the big channel here, if the bulls want to start going higher, ultimately, again, this was just kind of a pregnant pause, at least in my opinion, for the least the next couple of days. And if we can start reclaiming back the five-day moving average, we're going to start to resume. So these are the important numbers going into at least for the next couple of days. The cues need to reclaim 286 on the close. If they claim 286 on the close, they're going to reclaim the five-day moving average. The same way we lost the five-day moving average today, right? And went lower. That's how we talked about last night's video. So for the bulls to regain kind of compliance, right, and start moving back higher, the cues are going to need to reclaim this 286 level, right? That's to move higher. If there is going to be one more day of selling, we have to start losing this 280s level. You see this whole 280s level? And if we start losing this 280s level, this is the area that we want to go home, right? It's the 50-day SMA. The 50-day EMA was cool. It bounced off of it right at the pre-market lows. But what we need to do is we would love to get at least, if we can get one more day of losing the 280, getting down to this 278, 277, 278 level, I do believe this is where the bulls need to make a stand. And if they do make a stand and we do bounce, I believe it will be a carbon copy of exactly what happened here, right? We held the 50-day and the next thing we know, we started rallying. So tomorrow is going to be a very important session. The only problem is we're not quite at the top of the range here. We're not quite at the bottom of the range here. We're a little bit closer to the top than we are to the bottom. So for going into tomorrow's session, yes, the initial game plan is see if the bears can give one more, right? One more stand and take out today's lows and go down to the 50-day SMA. But if not, we're definitely going to watch the possible reclaiming of a five-day moving average around this 286 level. And any close above this 286 level, we'll start to cycle back up. So for tomorrow's session, as you can imagine, yeah, there's definitely some longs. There's definitely some shorts that we have to have both sides. I mean, the fact that we close kind of in the middle of the range is definitely not doing anybody any favors. So let's talk about some names, some longs, some shorts that we are watching for tomorrow. And then we will see how we are set up. Maybe we do get a gap down in the Tesla's levels. Maybe we get a gap up and reclaim. We'll see. Okay, it's very, very up in the air. So we got first solar, you know, looks great, right? First solar, we had to pivot on this thing a couple of days ago, nice move. Keep an eye on this thing. If this thing confirms today's channels and there's a market rally tomorrow, who knows? Maybe this thing could get to the 170 level by next week. ENPH, in the same group, right? ENPH, nice, you know, nice consolidation here. You can see it stopped three times at the linear regression line. If it gets above this linear regression line, it can wake up. You know, that looks fine as well. And obviously to the downside, we still have to continue to watch Tesla continues to put in lower lows, lows, lows. They came again, they came in today for the 75 80s. They held up the stock puts, of course, they held up the stock pretty much most of the day. You know, they finally, you know, sold out towards the end of the day. I want to watch this bottom channel here. I'm convinced if this thing cannot rally and starts continuing to put in lower lows, if it could just take out this one last channel, I think we do see the lows from last week. We'll keep an eye on this thing as well, right? The video, you know, came out with earnings last night. You can see here it gapped up and it went red and then it went back higher and, you know, lost the range. It closed within a dollar of the lows. I want to keep an eye on this thing to the downside tomorrow. If it confirms today's channels, you know, who knows, maybe we get a move to 52 53. We'll see, you know, we'll see about that. Amazon, same thing, right? Amazon, same thing as well. Closed on the 10 day moving average. If there is one more pull of Amazon, I'd like to see this thing. I'd like to maybe get a short on this thing below the 10 day moving average. So watch that as well. And to the upside in case we rally as well, you know, Microsoft looks pretty good. It's got rejected to back to back days at the five day. So you could see we're a little bit disconnected here. We have to kind of take our cues from the overnight futures and see what the market does, does next. So again, pretty frustrating day for me today, just sitting there and just watching my whole game plan go up in smoke in the first, basically in the first 20 minutes that I logged on into the day, very, very frustrating. But again, as we say all the time, let this be the worst thing that could happen into your life. There's this children born into third world countries with no running water with disease. And we're talking about sitting one day, you know, our game plan going to hell in a handbasket. Who cares? At the end of the day, who cares? We're happy. We're healthy. We're alive. Everything else is a cherry on top. So that's it guys. Just a quick reminder guys for all you guys who are coming or or are anticipating coming for the Saturday's Kenyan Sallow keynote address. It's gonna be very, very cool. It starts at 11 o'clock Eastern time on Saturday and anybody who is within our midst is open. It's going to be recorded and sent out at some point next week, but it really is going to be cool event. Hopefully tomorrow we get a nice more seamless day than today's watching the paint dry or anything else other adjectives you want to use. Guys have a great night. God bless. Again, let this be your worst problem in life and everything else will take care of itself. See you all tomorrow guys.