 What is going on everybody it stops here welcome back to another video So in this video We're gonna be talking about a couple of stocks and ETFs that I'm personally watching and looking to trade for the second week here in March of 2019 and we're also gonna be talking about a couple of stocks and ETFs that you guys actually called out in our call-out section in our 100% free Discord group chat as well as some that you guys ended up DMing me on my personal Instagram page So we're gonna be doing a bunch of breakdowns in this video gearing up and getting ready for this next week here in March of 2019 with trading with our stocks. What are we gonna be doing this week? We're gonna be talking about that in today's video But before we do get into that guys for everybody out there that finds value in these videos You enjoy the content here on YouTube feel free to go down below and hit that like button guys It really does support the channel and supports me in general And if you're new to the community guys and you want to join our community and be in touch on a further basis Feel free to go down below. We have a 100% free Discord group chat as well as a 100% free Facebook group you can be a part of both of those communities simply by clicking those links and joining the communities guys So without further ado, let's talk about a couple of stocks and ETFs that I'm watching and some that you guys Ended up calling out to me starting off here with natural gas the natural gas Futures and for those you guys that don't know I'm sure a bunch of you guys already know we trade two ETFs that Correlate to the natural gas futures and those two ETFs are you guys and D gas and pretty much their inverse ETFs you gas is the bull ETF and D gas is the bear ETF Whenever natural gas is going up in price you guys is going up in price and whenever natural gas is going down in price D gas is going up in price So we've been doing technical breakdowns on natural gas here for a long time guys pretty much for the entirety of This youtube channel's existence We've been talking about the natural gas futures and for those you guys that have been paying attention to the technicals here on Natural gas you know that we peaked out nearly at five dollars a couple of months back Really in the middle of November of 2018 and from there we saw a huge bearish trend We went from five dollars nearly all the way down to about two dollars and fifty cents about a couple of weeks ago back in the middle to the beginning of February of 2019 we lost nearly half the value in the natural gas futures here and we can tell guys You know based off these technicals. We were getting rejected by the 180 SMA We were in this downwards trending channel here getting rejected by the 50 SMA the simple moving averages here that we can see and Really we weren't showing any signs of a breakout reversal to the upside Until we saw this double bottom here at about two dollars and fifty-eight cents and from there we started to trend back up We started to break resistance levels We broke out of the 50 SMA and ultimately the 180 SMA a couple of weeks back and now guys We're at a very very critical point here So if you guys watch my videos a couple weeks ago I was talking about this two dollar and seventy level resistance for natural gas So we can clearly see if I extend this drawing a bit We can clearly see we broke out of that We held it as a new support and now we're trending up to break and or try to break rather the next resistance Which is that about two dollars and ninety cents and we've had a bit of a you know difficulty Breaking out of there over these past couple of trading days. We can see it here guys We can see it this past week We had some trouble breaking out of there and this is where I'm personally interested in playing either D gas or U gas Based on what this future is going to do Are we gonna break out of this resistance to test the next resistance? Which is going to be nearly at three dollars, which is gonna give us obviously a huge margin on you guys Which again is the bull ETF or are we gonna get rejected here? Slowly start to push down slowly start to break the support levels of the 50 SMA and the 180 SMA and Ultimately the two dollar and seventy cents support here where we would be able to play D gas so for this upcoming week guys like I said, you know I'm gonna be watching where we're going up or down really to determine What I'm going to be trading whether it be the bull ETF or the bear ETF and for those you guys that don't know the futures markets They open up at 6 p.m Eastern Standard Time about two hours and 15 minutes away from when I'm actually recording this video So in about really once this video is uploaded the futures markets are going to be open And you're gonna be able to see where we're moving in terms of natural gas and you'll be able to plan your trades accordingly, so just take an eye Literally pause this video right now because you're watching this video right now the futures markets are open So go take a look where are we pushing are we pushing up here? Are we pushing down? That's gonna help you determine what you're going to be trading whether it be you guys or D gas So natural gas guys you guys do you guys are the ones I'm watching for this upcoming week These are the first combo of ETFs that I'm gonna be watching a couple of more here that I'm gonna be watching In terms of stocks one is ticker symbol. Why why and this has been on my watch list for a couple of weeks Now have not yet traded it But I do see a ton of potential here if we do end up breaking this resistance at about 75 to 76 dollars I can see it potentially running back up to about 80 dollars Which is the next resistance that we do see here and if we do end up popping above 80 dollars the next spot I'm gonna be waiting for to potentially run to is 86 dollars Which is about $10 higher from where we are right now In why why and that's about a 10% move am I saying it's gonna run that much absolutely not We don't know but if we do end up breaking this resistance guys There's a big chance that we could end up breaking to the next resistance Which in that case we'll be able to test that mid $80 level at that point but for this week You know Monday Tuesday, we're going baby steps here baby steps step by step We're gonna be waiting to see if we break the first resistance that we are at right now to fill to the next resistance And if we do that again, we'll be looking to see Whether or not we're gonna be breaking to the upside to the mid 80s You know right around here to that previous resistance and another thing that I like about why why here guys is we're holding that 50s and may as a support that has been a support over these past couple of weeks really since the beginning of February in 2019 we can see that clearly we've bounced on that a couple of times held it as a support and this past week We actually saw a very big sell-off really of about $15 per share in why why which really opened up that massive margin of profit So why why watching that one very closely for this upcoming week another one? I'm personally watching guys is Tesla ticker symbol T SLA and this one really has been consolidating at about $275 for the past couple of days I believe it was for the entire previous week here the first week of March in 2019 and what I'm gonna be waiting for now guys is for us to maintain this level at about 285 283 285 to hold that as a new support level to slowly start to fill the gap back up To this 50s and may resistance which would be at around 290 to $292 and if we break that we could potentially be running up to the resistance portion of this downwards trending channel So keep an eye on this guys, you know, we're seeing a bunch of different lines here that may confuse you Let me just quickly clear this drawing set We can see you know Tesla's clearly on a downwards trending channel, right? And if we do end up popping up here to potentially test that resistance portion This will put us at about $300 per share for tesla stock if it does end up filling this gap Which could give it about, you know a six maybe five six seven percent margin of profit So i'm watching tesla very closely guys ticker symbol T SLA But let's say we end up breaking down here. We break the 270 level There definitely could be some more downside in tesla stock Maybe back down to let's say the $260 level I know a bunch of people in our community and just in the stock market community in general Have been talking about a possible sell-off in tesla, you know, maybe down to 250 Maybe back down to 240 and maybe back down to 260 It's very very possible guys, especially if we're looking at this channel There's definitely some more room to the downside, but you know, if we do end up holding this support We start to pop back up. There's room to the upside as well We just need to see, you know, what are these technicals going to end up doing? Are we going to pop up and break down? That is going to be the indication of what we're going to end up doing Where are we going to play put options on a short position on tesla? Or you know, are we going to ride it up with call options or with shares regular shares? You know, we just got to see what's going to end up happening tomorrow Premarket hours or the future is going to be down, etc, etc These are things that we need to take into account before we do end up trading. Um, you know ticker symbol t s la tesla guys So another etf i'm watching is tvix and for those of you guys that don't know tvix Goes up in price when the overall markets are selling off and this one in particular keeps a Close track on the spx the smp 500 so for all you guys that have been following the markets in general You've seen a big sell-off in the overall markets this past week, right from about $2,800 in the spx down to about 2,700 we've seen about a 3% Sell-off so if we do experience a further sell-off Which i personally think is very very possible this week, especially if we get rejected by this resistance right here at about 2740 on the spx and we slowly start to head back down To the next support at about $2,700 That's going to open up a ton of margin of profit on tvix Which again goes up when the spx is selling off So keep an eye here guys right now We see a pretty big margin of profit opened up on tvix due to the market run-up that we saw In the latter half of the day on friday for all you guys that didn't see that the spx the dow The nasdaq if we look on the one day one minute here very quickly We can see we sold off pretty heavily, you know on friday morning And then we actually ran up all the way back up to about $2,740 from about the 2720 low So we had a 25 point swing to the upside which really opened up that margin on tvix So again guys just keep an eye on this one This one could end up being a nice play this upcoming week if we do end up selling off So let's talk about a couple of stocks here that I do have listed that you guys wanted me to talk about Starting off with facebook stock ticker symbol Fb, so let's see what this one's looking like guys. These are off the cuff. I've yet to take a look at these stocks Let's take a quick look or rather draw out some resistance and support levels So we can get an understanding here of what's potentially happening, you know in facebook stock So clearly guys we can see here, you know, we're trading in this horizontal pattern You know or a horizontal channel rather in facebook stock from this old resistance at about 160 Which is clearly now a new support and the other old resistance Which we've yet to break above at about 170 dollars So we are really having some difficulty breaking above 170 in facebook stock We can see a couple of weeks back back in the beginning of february We got rejected there sold off back down to that support And now we're testing that same exact resistance at about 170 and so the positive thing that i'm seeing here on facebook stock Although we did get rejected a couple of days ago at the 170 resistance We're actually pulling back and we're holding the 50 sma support here on the 180 day Excuse me four hour chart So this is a good sign that this is just merely a little pullback and we're continuing the uptrend And we're not actually selling all the way off back down to that 160 dollar support So this could be a potential breakout pattern in terms of facebook and obviously, you know, you probably you guys could probably guess it What i'm watching this upcoming week, you know, we're right at that resistance at 170 and we're pulling back Like I said holding that uptrend. This is looking like a breakout pattern What am I going to be waiting for? I'm going to be waiting for that break above 170 back into the 170 twos maybe 173 Ultimately the mid 170s before really possibly taking a position in facebook as a swing trade And if we do end up breaking that resistance guys, that's going to be a pretty big breakout pattern to the upside With the next target on facebook stock, you know being at around let's see 179 roughly 180 Dollars so keep an eye on that level if we break up, you know, we're going to potentially hold This resistance as a new support to slowly start to fill the gap back up to 180 dollars for facebook stock So the next one we're going to be talking about is apple here and apple's at a very similar, you know Very similar scenario as facebook in terms of seeing a strong resistance Roughly at about 175 dollars. We noticed in the beginning of february. We got topped off at about 175 We sold off down to the previous Resistance which is obviously now a new support at about 167 dollars And if I stretch this out a bit more you can see exactly what i'm talking about And we ended up holding that support very nicely and from there We've been trading in this horizontal pattern really for the past month and some change right now guys We can see the resistance to sell off the holding the support to pop up the resistance to sell off The hold on the support and now guys We're facing not really a similar battle to facebook because on facebook stock We're holding that 50 sma support, but on apple stock We're actually looking at the 50 sma as a resistance So it's a kind of a different battle here what we want to see in terms of apple is a break out of this 50 sma of resistance And ultimately a break out of the 175 dollar resistance for a potential fill up to the next spot Which in this case would be at about 185 dollars per share On apple stock so keep an eye on the break of the 50 sma and this resistance And a potential hold on this resistance here as a new support at about 175 to 176 And from there we'll be able to fill the gap back up hopefully to 185 Which would offer about a four or five percent margin of profit as a swing trade But until we break above here guys, I'm not really going to be watching this You know in my swing portfolio for potential trade I really want the confirmation and the hold before really getting into apple stock So let's talk about square and google very quickly guys ticker symbol sq. Let's see what's going on with this one. So square We're looking like we're at uh, let's see. It's looking like Okay, we bounced at the 71 dollar support this past week. That's right square ended up selling off Very very heavily this past week from about 82 dollars all the way down to about 71 Dollars and it's looking like we're playing with the resistance here at about 74 dollars Are we above that resistance? It looks like we did break above it actually and we're holding it right now So keep an eye this week guys Are we going to hold the 74 dollar level in terms of square stock and I drag if I drag this you guys can see it If we end up holding the 74 dollar level here, you know in terms of square stock Let's see if we go back, you know, this is going to be a potential fill back up to about 77 to 78 dollars But very similar to apple stock. We're trading under the 50 sma resistance right now Which is actually looking like it's curling back down And if we do end up curling back down and breaking below the 180 sma You all should know by now that that is a bearish signal So let's say you know square stock ends up selling off this week as well Maybe back down to 71 dollars that 50 sma It's going to be curling down and breaking below the 180 sma Which again, it's going to be a bearish signal And I'm not really going to be interested in trading square stock if that does end up happening But if we end up breaking back up, let's say into the 75 dollar level and we break that 50 sma You know, this could be a good play up to about 78 dollars And if we break 78 dollars back up to 80 dollars This could be a solid solid move in terms of square stock So keep an eye for that break into the 75 76 dollar level If we break to the downside here the 50 crosses below the 180 This could be a potential short play potential put option play in terms of square stock So let's talk about google very quickly. I don't really trade google ever guys to be honest I don't think i've ever honestly traded google stock. I probably had but I just forget now off the top of my head I've never honestly invested in google either, but google stock now guys It's looking pretty solid and I do like this call out Thank you to whoever ended up calling out google stock here You know, this one's looking pretty solid in terms of this pullback from about 1165 Down to about 1128 opened up about a 3% margin of profit And I'm sure you guys can already tell we're holding that 50 sma as a support very nicely Which has been a support over the past couple of weeks here Really the past couple of months in terms of google stock and another thing I want to point out here on the 184 hour chart Is the fact that google stock we're seeing a cross of the 50 sma above the 180 sma Which we all know by now is a bullish sign That's a bullish cross which could indicate some more potential upside in google stocks Let's say the markets do well tomorrow and tuesday and wednesday Let's say we're pushing up green This could follow this could be a potential bounce back up to test a new higher high But let's say the markets do sell off guys, you know, I probably will expect You know google to sell off as well since it is, you know a pretty large Stock out there, you know like apple facebook, you know google These are huge huge companies huge huge stocks where if the market does see a pretty big red day more than likely Those stocks are going to be down in price as well You know, we've seen tesla do well, you know when the stocks are selling off But or the markets are selling off rather but google since it's a bigger bigger company guys You know, this one probably will sell off, you know, if the markets do sell off just you know as a test here We see it did that a couple of months back when the markets sold off heavily, you know google sold off Pretty heavily as well, but we're looking at tesla here. This one did well when the markets sold off right very odd Right very odd. We see tesla. It's almost like tesla's a hedge to the markets doing poorly It's not really a hedge to the markets doing poorly, but that's how it did act You know over the past, uh, you know over that last market sell-off that we saw So just be careful here with these larger cap stock Stocks guys because you know the markets if the markets sell off these could take a big hit as well But in terms of google stock here, we're seeing a nice uptrend We're seeing a nice pullback and keep an eye. Are we going to continue this? Are we going to bounce above the 50 s ma continue to push up? That's going to be a good opportunity for google So let's take a look at cl and uwt very quickly And for those of you guys that don't know cl is the crude oil futures and whenever cl is going up in price uwt is going up in price There's a there's an inverse etf combo. We trade on this channel and in our community uwt and dwt right dwt is the bare etf uwt is the bull etf meaning whenever crude oil is going up uwt is going up and whenever crude oil is going down dwt is going up So right now we're noticing kind of a weird not weird pattern in crude oil But more of a consolidation pattern here over these past couple of trading dates, right? We can see Really a horizontal consolidation pattern rather we can see the resistance here at about 57 50 And let me just quickly clear this because this is looking very very sloppy over time when you know I'm drawing all these trend lines it starts to get a little sloppy So let's take a look at a cleaner look here on the crude oil chart And if we draw this horizontal pattern you guys can clearly see what i'm talking about right the resistance at about 57 60 And the support which we bounced above this past week at about 55 dollars and 26 cents So we can solidify that we bounce on the support right very clear confirmation on the bounce here So what i'm going to be waiting for guys is really a continuation to the top of this channel here at about 57 and 60 cents To continue this horizontal pattern that we've been on over these past couple of weeks And what does that entail? Well, we need to see a break above this 50 sma here Ideally because this this has been a resistance over the past couple of days guys really since the whole month Really for the whole month of uh March we can see this has been a resistance right the candlesticks struggle to break above it there Struggle to break above it there leading to that big sell-off But we got the confirmation of the bounce on the support and we ended up popping up here Which is a good sign so right now what I want to see again is the break above the 50 sma and ultimately a break above this 57 66 or 56 75 level and from there guys if we're inching up here We're breaking above the 50 sma. This could be a very good sign to trade uwt guys uwt again This is the bull etf that trades based upon crude oil and we can notice here That uwt kind of has a bearish pattern here of lower lows and lower highs right the high here at about 16 30 The next at about 16 15 and it's been struggling to break out from there, but You know if we do end up seeing that pop and crude oil That's going to change everything in terms of uwt And we'll be able to break out of this wedge that we're slowly starting to see forming on uwt So keep an eye guys what I just said on crude oil That's going to be a very huge Potential move to the upside and let's say we do end up popping out of the 57 level That's going to be a huge huge bullish move that could entail more green in crude oil And of course uwt. So the last two we're going to be talking about here are en tg Followed by Boeing stock and actually these two guys Boeing and en tg they have very similar patterns, right? And let me explain what I mean by that we can see They're both holding old resistances right now from the past couple of weeks as new support levels But en tg guys the worrisome thing i'm seeing here is the break below the 50 sma support Which has been a support from the beginning or towards the end rather of december of 2018 we can see the support here Support and now we're breaking below that which could entail a potential bearish move in en tg But the thing that keeps my hopes alive for en tg is the fact that we held I believe for the past two days. Let's see at about 50 or 34 dollars Which is the old resistance, which is now a new support That's giving me some hope the fact that we're holding that level over the past two days But now all I want to see guys is a pop probably back into the 36 level Which would break it above that 50 sma and in turn continue that uptrend So i'm going to create an alert very quickly here en tg mark is at or above Let's say 36 dollars. I want to be alerted if it does end up popping above that level and from there We could end up seeing a nice ride back up to 38 dollars Which would be about a five percent move in terms of en tg solid solid call out there I just want to see a further confirmation of the push to the upside and bowing like I said very similar pattern Right, we're seeing the hold on the previous resistance at about 415 as a new support And we also broke below that 50 sma here, you know, which has been a support over the past couple of months So simply a break above 430 dollars here in terms of bowing stock You know, this could be a potential move back up to the 445 dollars of resistance that we are seeing from a couple of weeks back I believe about 10 days ago. So is at or above 400 dollars and 30 cents And just to warn you guys a bit, you know bowing stock is at all time highs or it was at all time highs at about 450 And it really has shot up an insanely amount an insane amount over the past couple of months So be careful here guys if the markets do end up down turning bowing stock can see a huge huge hit Especially since it is a very very big company very large market cap These companies do end up getting hit pretty hard when the markets do end up Down turning as we can see here from the beginning of October down to about the end of uh, December when we saw that big sell-off We saw about a 100 percent Not 100 a 100 dollar move to the downside in terms of bowing Stacks, so I would just wait for the break above 430 if the markets are pushing green This one could end up recovering making it a nice play But if the markets do bad do poorly, let's say we sell off to the 2700 dollar level in the s&p You know, I think bowing is probably going to end up selling off more Maybe back down to the 400 flat level. Maybe back to this 180s and may level at about 390 3 95 That's just my personal opinion. That's what i'm personally watching. So I hope you guys enjoyed this video if you did Feel free to leave a like drop a comment subscribe to the channel if you're new hit that notification bell So you're notified every time that I do make a video and let me know down below guys What are you trading this upcoming week? What are you watching? What are your thoughts? Are we going to sell off in the stock market? Are we going to push up test that 2800 dollar level yet again in the spx? I would love to know what you guys think, but that's it for today's video guys. Thanks again for watching I really do appreciate all of your support We're almost at 2000 subscribers if you have yet to subscribe again, like I said, feel free to subscribe I'm uploading daily content here trading updates market updates All the different jazz that we talk about about the stock market. You can find a video on that on my channel I'll catch you guys in the next video again. Thanks for watching. Peace out