Transcript for:
NASDAQ Market Analysis

welcome back folks just a quick little review on NASDAQ today here's the fairway gap I told you we would likely drop into i wanted to see if it would perform as an inversion fair value gap once it got above it uh this gap right in here is the next draw and same premise here if we can get above it get back in treat it as an inversion fairway gap around the high here and up here okay so that's that's the draw there's a small little gap in here just be mindful of that as well drop right down into a one minute chart all right so we're looking at the one minute chart on NASDAQ and show you the business here all right so we had uh this morning I walked you through a live execution on X so I walk you through every individual candlestick how it should behave down here and draw up into the liquidity here and not need to take out that high so there's a small little run here you can see that there okay so I'll counsel you to look at the X account i'll post the uh the link to the video in the comment section of this video so you can see it and then today we had my side and at the open at 9:30 right there we ran away and left relative equal high relative equal lows excuse me and looking back at 7:00 we opened here so where's the buy side here so it rallied up ran above that there's me entering at that high and inside of ver gap yeah anchored the right way all right you can see that's the business there so upper quadrant of that and the old high and the market dropped off aggressively um right in here the initial stop loss was half of this wick wick right here okay and there's the entry and the market breaks lower consequent encouragement doesn't get back to consequent encouragement works the lower half still breaks runs for the relative equal lows in here and you can see that being filled there right below right below that line the rest of the day we've been meandering around and it's likely to draw to that daily objective over time tomorrow we have big news as well just be be aware and be careful until I talk to you the next time be safe