 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 the AccessToTrader.com weekend. Update show. Hope everybody is doing well. It's actually not the weekend yet. It's actually around 20 minutes to the close on Friday. I logged off a little bit early today just to kind of enjoy a three-day work, well, three-day weekend. I want to wish everybody who is celebrating Easter a very happy and healthy Easter weekend. Tomorrow is Good Friday. The market is closed. I'm not sure when you guys are going to get this recording. I think Kenyon's going to put it out at some point this weekend. Could be Friday, Saturday. I just wanted to kind of get it out the way, share my thoughts so I can have the weekend to myself. As you can see by the board, the market is still open. You know, pretty subdued session as you can possibly imagine on a pre-holiday session. The market is very, very quiet today. Everything is pretty much on the flatter side. Not really a lot to talk about today. You can see by the individual names today, Tesla, you know, doing exactly what Tesla's been doing for a long, long time. It shows a little bit of a pulse and then starts going back on the range for next week. I'm definitely going to start watching the bottom of the range as we discussed in the last couple of sessions here. Nvidia had a rough couple of days. The buyers, they were aggressively buying those $1,000 calls that were expiring today. Well, those calls went to zero, but I'm kind of assuming, and I think everybody agrees, this wasn't their first bet. The stock broke out of 500. I'm sure they rolled up to the 6, 7, 8, 900. So I'm sure they were playing with house money. Nvidia just did not attempt any type of rally today, put an inside day. So this bottom range here is still in play going into next week. And if Nvidia wants to rally, again, we try to be prepared on both sides of the market. If Nvidia wants to rally, it needs to reclaim back the five-day moving average. So you have the 20-day in play here as support and you have the five-day in play here as supply. Amazon attempted to break out today, but again, just not enough juice. There's just not a lot of people around just like the busy travel holiday session, for example. On Thursdays when everybody's traveling, a lot of people are traveling for this long weekend as well. It attempted to break out, went up a little bit, came right back down. Names like Meta continue to be sold and are building below the 20-day moving average. If you look at Microsoft, we talked about on yesterday's video losing the bottom range here so far it held. It didn't come close to losing it as well. Names like Netflix are below the 20-day moving average. So you're starting to see a little bit of technical damage in a lot of the leadership names. Again, does it mean anything bigger than kind of what it is now? Probably not, but the point is, again, you need to be ready for just in case the market starts losing the 20-day moving average. As far as speculation money comes in, you have the IWM really, really big pop today. Again, attempted to break out. Probably wasn't the best day to break out considering nobody's really around to defend prices. Name like ARM we talked about for the last couple of days broke down and we're still watching this bottom channel here. Again, not enough fear to get any stock really breaking down today. Obviously, not enough juice to get them higher. So we're still watching the bottom of the range here for potential next leg down. A name like Reddit that had a really, really good three, four-day run is filling in this whole gap here. Again, the last thing the bulls want to do is give out those IPO lows. Again, if a stock is broken, it's going to get really broken below those IPO lows. AMD, just again, another perfect example of a stock that tried to break out today, at least reclaim a 10-day moving average today that just picked the wrong day. Again, not enough players in the game today. It got above the 10-day moving average, literally went up like 50, 60 sads and came right back below the 50-day moving average. And that's a kind of a big deal. The longer it continues to build and gets rejected below the 50-day moving average, the higher probability it starts attacking the bottom region. What's the stock that went really nuts today? We talked about this in last night's video was Mara. Mara got above this whole 23-level, traded all the way up to 24-60 s. And even Mara, as aggressive as it was and how powerful it was, look at the 60-minute view at this magnificent run and literally is filling in this whole channel that has started literally at the open. So again, you really don't want to try to dive into something that's nothing there. When the majority of players are out for the long holiday season, we're probably going to get a little bit more clarity going into next week, which is the start of the second quarter. Speaking of quarters, the numbers are not yet official just because we are still, you know, still 15 minutes till the close. But some pretty impressive numbers here. I'm just kind of reading here. You have the S&P for the quarter up over 10%. That is pretty big. That's the biggest first quarter gain since 2019. The Dow Jones will use the Dow as a proxy, up about 5.7% for the quarter. And the Nasdaq that will use the Qs as a proxy, up a little bit more than 9% from the quarter. And again, if this is not as exciting as you possibly think, first of all, that's very, very big. And that's on top of the 34% that the Nasdaq gained in 2023. So a very, very healthy market continues next week. We will see if the bulls can keep this going. Or again, we have to start watching, continue to watch this 20-day moving average. We talked about it on last night's video that if the market lost the 10-day, it'll get to the 20 while it got to the 20. So now we have to watch the market from the 20-day moving average going in for a potential bigger move to challenge the 50-day soft land. And we'll see what happens there. But going into this week, I haven't even charted yet. I basically just wanted to get the video out. But considering the same stocks I was watching going into today, I'm watching for next week. And these are the names, right? I definitely like the video. You have a two-sided trade here. It's either going to give up the 20-day moving average and start coming in very aggressively, or it's going to get back above the five. Again, I trade both sides of the market. For me, all I need to see is one channel confirm. I don't care which. Again, don't fall in love with the stock. Fall in love with the setup. And that's exactly what we're waiting for. Tesla, again, just broken. It's absolutely broken. Had a chance here in the last couple of days to get above this channel here. Couldn't do it. It's closing now on the five-day moving average. Again, going into next week, I want to see if it loses the five and the 10 for a potential move back to the bottom of the range here. Like I said, a couple of minutes ago, I'm still watching the bottom of the range here of this whole move. Again, this thing could really, really get ugly if it starts losing the bottom of the channel. Guys, look how many times it held the bottom of the channel here. Once, twice, three times. If it loses the bottom of the channel, yeah, there's about 10 points in this thing going into the 50-day moving average. A couple of names hold on pretty well in the tech space. Google has been kind of flagging Amazon, even though it kind of really, you know, kind of a little disappointed today, continues to flag there as well. But majority of them are kind of in purgatory, and that's kind of the most important part going into this week, seeing, you know, if those stocks that lost the 20-day moving average, like the metas of the world, like the Microsofts of the world, can they get back above supply? You know, can AMD reclaim back the 50-day moving average? Again, it's all fun and games, right? I know a lot, especially new traders, joke around, just buy the dip, bro. Buy the dip, yeah. Buy the dip only works until it stops working, and once stocks get below supply and sit below supply, and there's technical damage, the last thing you want to do is buy the dip, because again, if you go back to 2023, once we lost the 50-day moving average, we spent 90% of our year below the 50-day support, and that was a really clear sell signal, and it turned out to be one of the most aggressive sell signals we've seen in recent memory. So going into next week, obviously, I am going to be watching everything. I'm going to be monitoring the bottom channels for pretty much every single tech stock. The key levels now, the key levels now on the queues going into next week is 442, right? 442, any close below 442 going into next week is going to be an issue. Queues need to reclaim back 4720s ASAP before they start building below support. If you look at the SPY, SPY had a phenomenal quarter, basically a double top here from the 321 highs. We want to see the spies get above 524 on the close, or the bears want to see a break below 518 for a more meaningful back test. Diamonds, again, look, it's 30 stocks. The Dow, Jones and Justruel average is only known as the market in water cooler talk. People are just gathering around talking about the stocks. It's 30 stocks. S&P, Nasdaq, and the IWM that was really, really strong today, that's where you want because that all represents speculation money. So cheers to a really, really great first quarter. If you are brand new to the channel, guys, again, thank you very much for tuning in. Welcome aboard, right? Welcome aboard. Every single day, we're trying to give you a really good sense of what I believe is going to happen or should happen the next day, and we wait patiently for confirmation. All we ask is, you know, take a second of your time, like the video, share the video, subscribe, and we'll continue to bring you great value. If you are brand new to PIVOTS or started watching PIVOTS and all that good stuff and you're interested, again, guys, 30 days. That's all it takes. 30 days. Click the link below in the comments. Drive, you know, Test Drive, the PS60 Theory. It's a completely different view of the markets. It's the breakaway from the normal. And if you are interested, I would love to expose you to what we've been doing for the last 14 years hosting this platform. And with God's help, I look forward to working with you guys in seeing your development. Guys, happy Easter, everybody. God bless you all. And with God's help, I'll see you all Monday. Take care, everybody. Have a great, great weekend.