 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 theaccentrator.com nightly wrap up show. Everybody had a good day. Happy Tuesday. Hope everybody is doing well. Hope everybody is trading well and living your best life. If you are brand new to the channel, please like, share, and subscribe so we can go on this daily journey together, trying to put together the pieces of this very, very odd and aggressive puzzle known as the trading world. Right? So let's talk about it. You guys remember the last night's video was very, very lethargic. Right? We probably saw one of the least volume driven days of the year. We talked about everything was stuck in the channel and that we really needed to one of these channels to either get above or below so we can take advantage of a potential measure potential average true range in the stock market. You know, the one case I made yesterday for names, you know, like a NVIDIA, for example, and we'll get to the pivots in a second, like names like NVIDIA, for example, and Microsoft, they, you know, they didn't make the same efforts even though they had really, really great run ups and nobody's taken away that. But we've seen the last four days of lower highs on the cues, again, decreasing volume shrinking ranges, but we saw kind of what the opposite was on the video and Microsoft. And, you know, we talked about a last night's video, if they start losing the five day moving average, they should get pulled, right? And that's exactly what happened. Again, we'll get to the pivots in a second. But to the bulls, you know, to the bulls credit, it does feel like, you know, and every single day you saw, I think SIVB go 90% today. You see slowly but surely that, you know, this narrative of the banking crisis, it's just slowly but surely getting quieter and more tone deaf and eventually it's just going to be part of like everyday life. Like another bank failing is really not going to be, I don't want to use the word not a big deal, but it's not going to be a big deal. Just the same way, after like three, four, five months, it's like nobody really put too much stock into another person getting COVID. Eventually, we learned to kind of live with things. That's what the market is doing. To the bulls credit, right? To the bulls credit, we did two things today. Number one, last night's video, we talked about that 306, 307 level that the bulls needed to defend. They didn't defend them. That was the whole point. They didn't defend them. They started getting pulled, cues went all the way down. But to the bulls credit, and this is kind of where, you know, we started trying to put the pieces back into the puzzle. The bulls came back and reclaimed the 10 day moving average. It looked very, very bleak for, you know, for a very good portion of the day. You had semiconductors definitely leading the market lower, right? At one point, the video got slammed. AMD got slammed. All the usual people got slammed. MU came out with earnings after the close. Not a bad move. You got a 2% move. Let's see if the semiconductors can wake up on Micron's earnings. But the point is, this is what we didn't want to see going into today's, well, tomorrow's trading day is the market to go back into the range. And unfortunately, because we did have a kind of a rally here off the bottom range here, we got right back above the 10 day moving average, which was 307. So here's the key levels kind of going into it, right? It's not great that we rallied back because I would at least preferred to get more value out of tomorrow's session. Today, we had some pretty good value. This is what really shows you being patient. You don't have to trade every single day like yesterday versus today when things started expanding because there was a little bit of intermediate technical damage. So these are the levels we have to watch going into tomorrow, okay? For the bulls to start mustering a rally, again, maybe Micron, maybe Lulu, right? Lulu is stretching after earnings. Thank you. I'll be here all week, right? 4% move on, 4.5% move on Lulu. But the bulls really need to reclaim back the five day moving average, which is this 309 level. If the bears need to want to expand more of the selling, they have to reconfirm today's lows roughly that 304.70s because if they can and you got 303, 300, then you have ultimately the 50 day moving average. But the frustrating part about today was not the action in the morning. The action in the morning was great and you felt like we were going to close up the lows. The frustrating part about today's session towards the afternoon is after I logged off, everything came back. Like literally everything came back and it really took out a lot of the value going into tomorrow's session. Now again, as there plays, there's always going to be plays, right? It's not a question of there's going to be plays or not plays. There's a big difference between putting on a trade that works than making money, right? If we would have closed below the 306 level today, then we would have had measure potential another $3, $4.00. That would have been a potential to make money, right? A trade that is stock that goes from 10 to 10.5, yeah, it's just a winning trade. So the market guides kind of had a warp sense of humor kind of threw a little bit of curveball going into the close. But again, we're professionals, right? That's the whole point. All of us. When I say we are professionals, that means all of us. Anybody, I don't care if you're trading for 15 minutes or 15 years, as soon as you open up your first account and you deposit your funds, you're a professional trader. Whether you decide like a trade, like a professional trader over time or a short period of time with to live out your full potential, that's to be determined, right? That's not on the cards. But I look at the market today and I go, wow, if we were to just close at the lows, we would have some really phenomenal setups for tomorrow. We had some pretty good ones for today. But the point is now that we're back kind of stuck in the middle of the channels, we did put on this little bit of a baby hammer. So hopefully the Qs can start reclaiming back that 309 level. And if that does, you start seeing more stocks kind of waking back to the upside. But at least now we know both sides of the spectrum, 309 to the upside, right? 309 to the upside and roughly 304 and change to the downside. Again, everything else is going to be in between. When you look at names, and again, let's start talking about the pivots. Look, we talked about in the video last night, we talked about Microsoft last night, we talked about the Qs last night. As you can imagine, after the last night's, after yesterday's close, you weren't going to have 65,000 setups. It was impossible. So we tried to identify the ones that potentially could give us the biggest measure of potential. Last night's video, we talked about Qs, we talked about Microsoft, we talked about in the video. Tesla got saved again today. Had an upside pivot. Had an upside pivot. Had a downside pivot. Obviously, the downside pivot confirmed. Got down a little bit. But again, the market got saved. Whoever the goalie is, to me, would kind of steal from the hockey world. The goalie was standing on its head. The bulls were standing on their head. Every kick saved today possible to kind of save the day at least for today's session. So let's talk about it. Last night, we covered on NVIDIA 26350, if it builds below can flush. 258's potential, that's the 10-day moving average. And that was the move. NVIDIA had a phenomenal, phenomenal move. So we talked about this last night. It got right to the 10-day moving average. It lost the 6350s. I said I could get it to the 258s. That's the low of the day. The 25850s is the 10-day moving average. Really nice move there. Microsoft, again, we covered this last night's video. 275 held three times. It builds below can flush. Here was Mr. Softy. Never rallied, right? Never rallied the rest of the market. So lost to 75 that held three times. Got below the 10-day moving average. And that's the frustrating part. If everything were to just close at the lows, we would have had a lot of measure potential back down. But a nice $3 move on Microsoft to the downside. Tesla, again, not a big move. Got saved. I had a pivot. One pivot we prepared for on 9740 to the upside. Obviously never got there. 187 if it builds below can flush. Again, only a $2 move on Tesla. And then came back like everything else. And Coin, I still like, never got down to the 6050 level. And here's the big move. This is where I really thought this market was going to implode. And it really looked like that for a long, long time. Q's got killed. They went from 30750 held three times pre-market if it builds below can flush. So here is the Q's. So here's the 60-minute view of the Q's. So here's the 60-minute view of the Q's. Let's take all this out. So you see this whole area? This is where I said 30750 if it builds below can flush. The pre-market low 30762, 30762, 30758. So once it started building below the 30750's level, stock got hit. Stock went all the way down into the 304s. And then we just started rallying at the close for just whatever reason. But it is what it is. So the value definitely returned today. Again, I've always said and maintained this. It's not how many you trade. It's how many you trade properly. We talked about it in a video. We talked about Microsoft. We talked about the Q levels and the Q's. And luckily, everything played out. If you guys remember a couple of weeks ago, we started talking about the WWE. There was a buyer that came in. And again, this is where we talk about follow the option flow, right? Follow the money. If you guys remember, a couple of weeks ago, we started talking about there was a buyer that came in for the April $100 calls. He sped about $5 million worth of premium. And since then, the stock has been on a really, really great move. And then today, David, in favor of CMBC, talked about speculation for a potential takeover. The stock spiked all the way into the 92s. Again, guys, always remember, somebody doesn't know something. When somebody's putting down $5 million with $18 out of the money calls with a one month expiration. Anyway, congratulations to a lot of guys who are still holding this thing in the webinar. Great, great move for two weeks. But hey, again, it is what it is. It really does show how somebody always does know something. So look, going into tomorrow, it's very tough to find. It's very, very tough to find some long setups. Despite this little baby hammer, I think we're going to have to wait until probably the 10 or 11 o'clock channel for these stocks to try to get above their ranges. It's going to be very, very tough. I could see the market rallying tomorrow morning. I'd like to see how the market perceives its MU earnings. I'd like to see if the semiconductors could kind of wake everything up. But if they start getting faded, we're going to start getting faded back. So look, I'm 50-50 going into tomorrow. I don't love anything. I don't love anything. Like, yeah, I like some things, but I definitely don't like love anything going into tomorrow. Check out the smaller stock. Check out the smaller stock, ETNB. This is one that looks interesting. So ETNB had this really, really big breakout. It's resting now for the last couple of days. Check this out, right? You see how it stopped back to back days? If it could just get above this channel here, maybe this thing wakes up here. Roku looks interesting. Not great, not good, but it looks interesting. Roku's held the 50-day moving average once, twice, three times lady. Let's keep an eye on Roku tomorrow. If this thing starts getting below this channel, maybe this thing gets hit. I want to watch that. Everything else is kind of in the middle of the range again. Tesla, I'm watching on both sides tomorrow. If you look at the 60-minute view on Tesla, this is a bad wick here. For Tesla to wake up here, it's got to really start getting above this whole channel here. Obviously, if it starts losing today's lows, then you could have some bigger stretch for tomorrow. This is the type of market that the volume is definitely drying up. You can see that now for the last couple of days. Thank goodness, at least for today, we got some measured potential. We got some measured potential. It's a pretty good value. But going into tomorrow, again, you have to take off the rose-colored glasses and kind of what we talked about yesterday. When there's a potential middle of a channel type of day, you got to act accordingly. You can't be overly aggressive. You can't anticipate and you definitely can't try to predict or try to overthink. Let the market. Again, let the market tell us what it wants to do next. Let the market dictate and scream at us which way the price action is going to flow because the hardest thing to do is trade and the even more harder thing to do is trade properly. If you wait and your patient, again, a day like today will be your payoff. Guys, have a great night, everybody. Stay blessed, folks. We'll see you tomorrow night on the video. Take care.