 It is Swing Gym with Xtreets and today I'm doing my weekend review. The first stock I'm looking at is AMC because it's forming a very nice and big wedge pattern on the daily timeframe which is the exact same pattern it formed in February right before its large rally from $9 all the way to $71. So I'm expecting a similar move and breakout. I don't expect the same percent gains but I do expect a nice rally from $40 to at least this $80 level if we do breakout with strong volume. I'm looking for a breakout volume of around 250 to 300 million shares and a close above this $46.51 level. Other resistance levels would be this $52.78 and additional support would be $37.23 and $28.98 which lines up pretty closely with this $200.00 SMA. Next is CTRN. I'm bullish on this stock because of the sector it's in at Parallel stores. I think we'll see the sector rally into the end of the month. We had a nice breakout and back test of this $90.24 level which is very good resistance. So we also see the $8.00 SMA and the month it anchored view up coming towards that level. So I do think we'll see a bounce and rally to the $10.47 level which is the resistance level here. Additional support would be $85.97 and $78.61. However, if we look at CTRN versus SPI we could see that above .2 is the resistance here and we should see a nice and strong rally as we've been really stuck under this level with really no traction since the May-June timeframe. Additionally, we see CTRN have very strong seasonality into the end of the month and into December. The Parallel names as a whole usually have more relative strength in November not as much as December but the fact that CTRN is very bullish in both those months is an added benefit. Next is DHI. The reason why I like DHI so much is because we saw the bull flag breakout which I called out two months ago. We finally hit our target at $104.41. As a long-term name I think this is very bullish but in the shorter term I am expecting a pullback. We did hit the resistance and we had a very bearish candle here on the daily timeframe. In addition, if we look back at the past four bull flags we see that once we see a breakout consolidation usually follows. So the longer the bull flag, the longer the consolidation. So we could see this pattern over and over again so that's why I think for the fifth time around it most likely will occur and into that if we do look at the sector DHI is in which is the home builder sector we do see that on a relative basis it is hitting very strong resistance here XHB verse 5 is the .18 level as you could see it also lines up with the Fibonacci from the recent local high to the recent local low. So the fact that we would see some sort of pullback or consolidation within the sector gives it a more likely chance that DHI will see the same thing. I don't think we break out of this consolidation into the end of December early January of 2022. The next stock I'm going to be looking at is IWM the reason why is because it's backtesting a very important level. This is the old resistance level of the consolidation and we saw that was you know started in February and broke out in November. So we can get a back test and bounce from this level that's going to be very bullish for your smaller cap and mid cap stocks. If we don't see that bounce 229 is your first support and your second level is 224. Again I'm going to say it over and over in this video November the end of November very seasonally bullish time period for the markets. So the odds are we do see a bounce here. This would be an ETF I'm watching very very closely for especially if you're a small cap or momentum based traders is a very important chart. Next is solar edge technologies. We saw a nice inverse head and shoulders here and we saw a nice breakout of the neckline consolidation gap and go another consolidation. As you could see the red moving average which is the 20 SMA is starting to meet price and the 8 SMA is starting to flat now. In addition to that we see that the month to date anchor view up is acting as support now which was former resistance. What I have here is LOLR line of lease resistance. That means that once a certain price level is broken it's a lot easier for that stock to travel in the direction. So once 372 is broken the line of lease resistance is now upwards and it's much easier for solar edge technologies to travel in a bullish path. I think 400 will be the resistance level that most likely stops the rally but if we do zoom out a little bit 422 is the secondary FIDB level. What I would like to add here is that this is a very good hedge for oil names if we quickly look at TAN which is the solar ETF. We could see that once this rally really started picking off we had a nice 25% gain. We could see that XOP started consolidating it started consolidating during that time. It's been flat pretty since and now we started to see a breakdown. I think longer term XOP will be bullish and will rally but for the intermediate term I think we will need to see some sort of consolidation. It did hit a very key short term level here at 99.26 so a bounce going into Monday or Tuesday would not surprise me but a gap in go below the 50 SMA is not usually a bullish sign for the short term. Quickly to go back to TAN though. Once we break this trend line a Rally 2102 is what I expect so that should line up with a break of 372 for solar edge in a rally to 400. Next is Silvergate Capital SI this is a Bitcoin related name and as we could see we formed a wedge pattern here and broke out. So I'm looking for a nice range expansion continuation pattern to get us a 250 essentially what that is is these two green arrows highlight that very well. You get a nice bullish candle with a little bit of increased volume breaking a key resistance level and you see continued momentum. That's exactly what I see. We want to see a nice you know 20 to 40 percent rally concentrated between three to five days. So that's a kind of momentum I'm looking here for Silvergate Capital and I want to see that the bullish momentum occur as soon as possible. We could see for this stock that it does not usually wait to rally its file through occurs right away. So we want to see that same pattern continue. In addition if we go back towards this October end to February Rally we see that every time the 20 SMA touches we do see a nice bounce and that's the key thing you want to see for these high momentum names. You want to see consolidation while the 10 to 20 SMA catches up with price the price action will tap those SMAs and then you see a strong bounce which is exactly what we see here. We also have an added benefit of again a nice wedge pattern. So I'm very bullish on Silvergate Capital. Next is spy. I do think we will kind of pull back probably to 467 as we usually do see the VIX pop right after options expiration. Not always but on average we do see a pop. So I'm looking for a short term pullback but this is something I would definitely would not short just because of how bullish you know Apple has been. Nice fails inverse head and shoulders rally same with Microsoft. We had a nice gap and go and it's been very bullish so as long as these names continue to be very strong relative strength names it's going to be very hard to see any sort of weakness for spot. So in a short term one or two days you might see a mini pullback but I do expect us to break out of this sort of range pattern here and rally to at least 475. Next is how education. You could see that had formed a sort of a nice triangle pattern here. We had a brief breakdown of the support to 381 but then we started to rally upwards and we broke out Friday of this trend line pattern. I've been seeing a lot of relative strength coming into the education training services sector over the past three days and on Friday there was a lot of 4% bullish moves for the sector. So again we saw a lot of stocks making new relative lows. We did see TAL education breaking out here so it's a very bullish sign. Resistance here would be 577 and this other red box here 958. For a stock like TAL education similar to Silvergate we want to see that momentum occur right away. You want to see that range expansion have immediate follow through. This is not a stock I want to consolidate for three days and then rally again. So if I was trading the stock I would be looking to sell some of my positions at 582 and now leave the rest for runners. It could be 50-60% and hope the rest break from this level and rally to the 958 level. I would definitely be taking almost all my gains after four days because it's a very momentum heavy stock and in the short term relative from March it has dropped to 95% so it's not something I want to hold and maybe continue to go down to $2. I want this to be more of a shorter term trade that would be definitely out by Friday. Next is TSM. Very tight range here we saw from March to December and we're finally starting to break out here with volume. We're making higher lows on the daily time frame and we're getting nice bullish patterns here nice bull flag break out again with that bullish volume. So what I'm looking for is continuation going into Monday, Tuesday, Wednesday and really looking for continued high volume and consistently staying above this 123 resistance level. I think if we do that it's a pretty easy ride to this 134 resistance level. Additional support would be 119.27 and below that would be 1.0803. I would like to have that semiconductors has been a super strong sector definitely top five sector from the beginning of 2021 so it gives a lot of bullish momentum towards TSM. If we do look at TSM versus SMH on a relative basis it did hit this key support level and started bouncing back so we could see a continued bounce here all the way to 46. That would be very bullish for the stock as well. Finally we have Gold versus US Dollar. We did kind of get a range expansion towards the downside. So we retest this green box which is 1838 which lines up with the resistance here at 1832 and this green trend line. Trend line was resistance we broke out so a back test and bounce is what I'm looking for. Additional resistance levels would be 1887, 1910, 1957. Support would be 1798, 1765 and 1685. I think Gold is a lot going for it now with a nice inverse head and shoulders pattern that's bottoming on the daily. If we quickly look at Gold versus commodities we could see that it did back test this resistance level and bounced. We saw the same thing happen back in 2017. Old resistance becomes new support. So I'm expecting that same pattern to continue here. We've also saw it be a very weak sector or asset class from August to November really while almost every single commodity besides silver was rallying very strong. So we kind of have you sort of a bounce back rally on a relative strength basis for Gold. I think that's very much likely to occur. Also we do see the dollar weakening at any time. It will give added benefit towards the Gold rally. Again Gold and the dollar can rally at the same time but it's much easier for Gold to rally when the dollar cools off and I do think most of the dollar's gains or relative strength has them because other currencies like Turkey's currency and the Euro have been weaker. So I do think we will probably pull back because once we hit this resistance level here at 2587 to some sort of level of 2552 and 2542 which should help XAU get some nice relative strength. I also think that because of the options expiration this asset class was pinned and wasn't really allowed to rally. So we do see a nice rally starting after this option's expiration. We can assume that it will probably rally towards the end of December which is also a very seasonally bullish month for the asset class as well. So I hope you guys enjoyed this video. Hope you guys learned something today and I hope you guys have a great trading week.