Stock Market Upside Again? SPY & QQQ | Microsoft | Apple | Amazon | Meta | Google | Netflix

hey what's up you guys this is Junior Trader and in this video let's take a look at S&P 500 and NASDAQ those are the indices of the market and we'll take a look at tech stocks that is Microsoft Apple meta Netflix Google and Amazon so today we have some good close in the market green candle but the question is is this a bullish play from here on or it's just was a rebound and tomorrow is another crash we're going to sit down or can we break the levels even if we are in the bearish structure if that's the case we'll talk about in this video can we break out to the positive levels tomorrow so let's figure out all of that in this video let's talk through the things now before that I also want to let you know none of this is any Financial advice and it's only for education purposes also please don't forget to check out my junior Trader dividend investing Channel I did make made some more moves I sold some of my Tesla edfs on this public facing portfolio I'll talk more about it in the detail later t when the video will come out here link to this channel is in the description of this video all right now what we are seeing on S&P 500 we are still technically guys overall in a bearish structure here we have it today's rebound is just a rebound nothing more than that for spy well our S&P 500 if if we have to see a start of the change in the structure to the upside we at least have to start to get above 547 and77 cents now that will be a technical level of at least some some upside to start happening all right the next play at least otherwise this Still Remains the level of rejection and below this um the play is to be taken to the downside there's also a possibility that based on many elements and criteria overall structure May remain bearish if I put on my indicator even if it come back up here there is a possibility but even if even if that will constitute as a rebound but there will be some strength that can come about 547 but we'll see how the price action develops right so but that's the level to watch very simple S&P 500 547 87 cents tomorrow below that still rejection or downside play above that you can play some upside so let's go to the hourly interval and are we seeing strength for that now we have you know um uptrend ongoing right now and that's pretty much the level guys all right above this some upside if we reject here will start to again come down then you're watching 20 hours moving average what it does with does it hold if it can hold there as well at 20 hours moving average with the pullback that's also a good sign so there are some things that I'm seeing that intraday as long as we can still hold above 544 or eventually even if it sell off there's a likelihood 544 may give it a support but you'll have to see the price stion at the lower time frame it's forming double tops or sorry double bottoms or things like that and you can also just use my you know my tools here right so for example uh one of these tools today you can see that for the like when the structure stayed bullish we were in the you know Green when the structure became bearish things continued red we became again bullish went up above green and you can see this is where the structure changed again we came back down so you have to use these tools at these important significant levels excuse me sorry guys to make the decisions right and this this is how you trade so anyways if you need access to my tools links are in the description of this video all right anyways so let's move on let's go to QQ now and let's see what's going on with that as well so KQ also trying to rebound today but the level on qq2 watch is guys 45779 all right um if we get above it some strength is possible but uh otherwise no that Still Remains the level of rejection some support is coming at this 448 a very significant level that's why it's marked as red as well uh right over here right so let's see if it can continue but structure is not bullish right now still we are still you know below the structural area that is 458 almost so and yeah we're still in the bearish structure technically um let's take a look at hourly interval if some strength is building up here so you can for tomorrow what decisions to make on int day you can see that if we can get above 50 hours moving average from here on some upside is again possible and to the downside as long as we don't lose 451 92 cents tomorrow you can see if this bottom also holds right so you can check that as well so tomorrow look it's it closed nicely things are looking good as long as we don't lose those levels as I provided to the downside things may continue higher um yeah these are the levels I would watch though right um the significant levels at least so let's go back to the hourly interval again and yeah these are the levels I would watch guys the 451 88 cents especially for any ongoing support with 20 hours moving average about 50 hours moving average some upside can again continue and again the top line level is that um you know this level of again 457 and then the other one is 460 as well so that's the Zone that's the Zone but let's see if the rebound can continue up till there tomorrow all right Microsoft so Microsoft the the thing is that yes I'm seeing some buying is happening underneath of 200 days moving average the thing is that the structure hasn't really changed on this it's still in the bearish structure over here and we are below 200 days moving average as well so rejection is still possible to continue to happen there but so we'll have to go to the hourly interval to identify plays for tomorrow it's a strong price action on Microsoft right now as long as we can stay above 4462 cents which be very likely be even if it's some sell off comes 20 hours moving average 50 hours moving average as long as we are above that tomorrow intraday upside can continue and accordingly we have a stop loss on the other side the targets would be 410 I know it's just a $3 move and 200 hours moving average that's something until tomorrow you can Target but remember we also have 200 days moving average so around this area right 410 again let's see where let's go back to the hourly interval yeah until yeah 4011 to 410 is something you can try as long as it levels can continue to hold at least intraday some upside may be possible but as long as the levels hold if you lose anytime one of these levels with the downside are the 20 and 50 hours moving average or we lose 404 again 6 and 68 cents it's over again okay Apple so Apple um sorry guys apple is uh doing what they had there some iPhone stuff coming out right Apple will launch iPhone 16 series blah blah blah doesn't matter to me technically Apple is finding a good support here at least in the near term what do we make out of it let's go to the hourly interval it's a strong support um but is this a start again well tomorrow you're watching this level 220 and 22 cents if you stay above it great fine upside can continue otherwise below this forget it that's pretty much the level to watch on this uh right now on Apple meta So Meta let's go to the Daily interval um we had an inside candle only weaker candle still and the structure on this lately the way it is is still negative so yeah overall structure is not bullish though let's go to the hourly interval and let's figure out what type of levels to watch tomorrow okay so with meta right now is this forming a higher low well as if it can continue to hold 54 and5 cents area tomorrow sure it's a good place for intraday at least that some upside can continue if we lose this it's over what are the upside levels well possibly um 510 or 5508 definitely right but my levels are automatically marked by my tool and let's see if if we continue all the way to 55 that's great so tomorrow intraday play is above 504 it can stay up and stop loss has to be on the other side upside play though for the upside right and if we lose that well that's a problem then then we are again looking to the downside this you know that level right so that's meta let's take a look at Netflix Netflix tried to rebounce the selling off underneath of 20 days moving average structure on this is still negative and bearish from where it is right now but um is this a good price action well we are still rejecting underneath of that significant level 678 the top line of the blue box right so no and it's a sell off still let's go to the hourly interval and in the post Market we are seeing a good green candle tomorrow there are two things to watch well first of all if it can hold 20 hours moving average also if it can hold the level of 673 let me actually Mark that box for you there's another inside box here guys if Netflix can hold this tomorrow this inside box it can continue higher if you lose this then forget it so intraday yes above this blue box upside can come then you're targeting at least 200 hours moving average again tomorrow let's see what happens I have a stop loss on the other side nothing is guaranteed in stop Market guys Google complete blood bath still it's not really recovering as well and it's still going down no sign of upside it's not even capturing pivots and if I take it to the Daily interval sorry back again and I put on this tool of mine still this broke the structure over here we just bearish on this and still negative right so right now no no sign off upside no sign off upside and if it go to the hourly interval we are below 200 days moving average as well right and I'm still seeing lower highs lower lows Google is really decimated but I will be looking to buy into Google's EDF more on this I'll talk about on my dividend investing Channel link to that channel as I said is in the description of this video a video will be coming out later tonight on that channel and yeah if Google can only show in day trading positive if it gets above 150 and 84 cents tomorrow otherwise no all right so that's good let's talk about Amazon so Amazon somehow got above 200 days moving average again guys so well sure yeah as if that's the thing we got above that if we stay above 200 days moving average it can continue higher the last trading day on Friday it was looking very bad so if any short position was taken stop loss should have already been taken today right U because we changed the structure well technically it's not a fully bullish structure but it's a good structure in a way that stop loss above that level has to be there so yes we are continuing well looks like good continuing higher and we may we also above 200 hours moving average again so it's a really good strong pivot as well tomorrow as long as we stay above 200 hours moving average it's just an upside play either through the pullbacks or if it just goes up it goes up straight from there right so that's it for this video if you found it helpful valuable please hit the like subscribe and I'll see you my next videos guys take care bye