Stock Market Strength Is Back? SPY & QQQ | Microsoft | Apple | Amazon | Meta | Google | Netflix

hey what's up you guys this is Junior Trader and in this video we are taking a look at the broader Market that is well S&P 500 and NASDAQ and we'll take a look at tech stocks as well that is Microsoft Apple meta Netflix Google and Amazon so guys today S&P 500 is showing us a really good candle it's a really good strength full candle that shows that buyers are stepping in structure though on the other side hasn't turned fully bullish but but this is a strong rebound and as I have been saying we may not see structure turn fullon bullish due to many reasons right now overall but if you go to the lower time frame this rebound can still continue higher the level to watch for that for tomorrow is we got to stay above 547 and 92 this is the zone and also 20 and 50 hours moving average both but if I turn on my tool here we are now just getting through the cloud so there's still some choppiness today you can see we did sell off right but eventually got bought back up and there is that strength that is coming in at this particular Zone let's go to the 5 minutes interval as well real quick so you can see today when the market open we remained in the negative structure right like just when the market opened we became negative and you can see structure just remained bearish there was a little bit of a blip off trying to become bullish but since we remained below the cloud that couldn't hold went down structure did turn bullish a again rebounded back into the cloud and continued up so we eventually did become bullish and the way the price has closed on spy it's not bad and the candle that I showed you is good on the daily interval now the levels to watch for tomorrow right this rebound has a possibility to continue higher until where what are the levels as I said as we can still stay above 20 hours moving average and this level this Zone give it a Zone okay um let me Mark this actually out here for tomorrow if we can stay above this Zone that is 5 pretty much 47 to almost all the way to 548 uh we can if we can dip into it or stay above it but don't break below the bottom of the blue box we are just fine and if we lose that tomorrow's again we'll see some cool off happening then right because Bel around and below this box is then the previous Supply Zone will start taking precedence so that's that so we might see continuation above oh sorry up tomorrow as well in my opinion again as long as the level holds though as long as those things hold an extra confirmation is also about 50 days moving average and that can lead us all the way way to test again this area of 55479 provided we continue to stay above those boxes that I provided kyq KQ also is a good candle today all right and as if it can stay above 45772 cents tomorrow it can rebound again I'm using a word rebound because overall structure may still remain bearish but this rebound looks like has enough strength that it can continue higher and you can see we just found that pretty much the support at that same significant level where we have had previous pivots and let me actually change well not change but show the structure as well and this is also where in the past structure changed bullish right and then we have the these good support holding as well and right now also is holding so let's see if this eventually turns into continuation of full-on bull from here again this at least for now this may look like a rebound because there are many reasons guys we have had we have strong Supply zones to so you might not see on my tool right now on QQ right away structure fully turned bullish but as I said there's a strong rebound as that can continue so let's go to the hourly interval and let's talk about those things so tomorrow levels to watch definitely this is the very level first of all if we stay above 45773 cents we can and just uh continue higher also if you can stay above 20 hours moving average we are still fine at this point let's say if QQ loses 45773 C and also loses 20 hours moving average yes that's a downside play but for now I will only give it until 454 right now both sides I would say just trade it intraday because there's a chance that we can see a rebound also at 454 and 68 cents due to a good demand Zone that has built up over here because that this demand Zone allowed us to take out a significant level as well so that's why it's an important zone so just be prepared According To That All right so that's KQ and um then Microsoft so let's make our way to the tech St so Microsoft did it close in a bullish structure today guess what it did so Microsoft it it did go up or down today so if I show you on the 5 minutes interval we had a really good good bullish play uh in the morning you can see we found a really good support at the cloud went up structure changed over here negative you can see that came back down back into the cloud became bullish here again above the you know in the you know formation above the cloud and you can see then we continued for the rest of the day in the bullish structure now my tools make it so easier for you to understand right what is the structure doing where right right and if you don't have my tools you have no clue what to do where where is the structure upside where to buy where to sell so if you need access to my tools links are in the description of this video so Microsoft had a good strong close as well continued to hold support continuing higher as well we have changed the structure on this overall daily interval asle bullish that's a very positive sign and tomorrow guys now as long as we stay above 200 days moving average it's a upside also right so um and also stru is overall turning bullish so let's see if we can continue higher anytime if we lose 200 days moving average um structure has still room to remain bullish but don't play intraday upside below 200 days moving average that is below 411 and to give you some precise level as well so on the hourly interval you can also use the combination of yeah 200 days moving average and 200 hours moving average everything is in the combination right now any pullback until that level of 4011 is fine but below that is I a little bit be cautious okay just keep that in mind and yeah we on Microsoft we are looking good right now right so um anyways let's go to the Apple now so Apple poor thing is it's well when I said poor thing I mean the structure on this hasn't overall changed to bullish right now but uh this thing has been finding a lot of good bounce and support at this level you can see right 270 so this is holding really nicely I would say there more probability of this upside to continue and uh so let's take a look at what are those levels right so when you see already the price action you know is held like you know these buying Vicks here this is where buying is happening this is where buying is again happening so you know this level is holding as long as we don't break below 2 19 and 15 cents and we stay above it and also get above the significant level 220 it's an upside continuation so yeah um so Above This level only I would like to play bullish 297 cents if it gets lower gets back again to the 217 just be a little bit careful because testing it three times and holding is great but fourth time if you're again coming down you know that's a question as well then you know uh why so right so I would not touch that then um meta So Meta let's go to the Daily interval first and um unfortunately uh meta is trying its best guys but structure on this is still remaining bearish and every time well previously it projected the previous significant levels now it's projecting our next significant levels this was the now previous support is acting resistance like previous support acted resistance and this previous support is now acting as a resistance so you get my point and also the structure is also in the downtrend here right so nothing really has changed on this thing as for the upside it's trying get best but it's not able to do it so let's go to the hourly interval and talking about the levels to watch it's a very simple play actually tomorrow if we can get above 50 hours moving average and stay above level of 504 it's it can go upside if you lose 54 it's a significant level then let's see if it continue lower again um the thing is that if it continue lower again just keep watching the area there might be some rebound for the day that may come at the zone of 500 it's a psychological level as well so just keep that in mind so but overall structure hasn't turned bullish Netflix Netflix um so the there was a tiny blue box I provided you yesterday for a you know potential area to watch let's first see the structure structure Still Remains negative so that's not looking in a good terms here so let's actually turn that off let's go back let's go to the hourly interval and let's understand what is the price section doing so the blue box that I provided you yesterday we dipped below it we did come back up it was important well in the pre-market we did did hold that went to the next level up there let's go to the five minutes actually maybe that will make more sense yeah it's a very choppy day on Netflix and let me actually turn on my structure indicator here as well yeah we we we started pretty much red right the day yeah and then structure just remained bearish on this thing eventually broke lower lower this is where some upside started to come then again and but it's remained mostly sideways guys into through the blue box and yeah right now let's actually go back to the uh daily interval and let's first take a look at the levels over there actually oops sorry yeah um again so this blue box is where it's going choppy um if this I if you want to avoid I would I actually want to avoid between I whiches which I always like to avoid between 20 and 50 days moving average it's a break on either side of the Box guys that's what I would say still holding though those levels down here right it's just that it's going choppy right now I would give it like let it break on either side the levels and just trade that but try to do it only in Inay right now because the upper level is still rejecting here so and it's finding support at the bottom so just traded intraday as for the tools the structure the day trading you know that I just showed you and just trade with that yeah intraday only and either level break is the play to that direction it's it's that's all what it is right now it's not having a direction here yeah it's going choppy and sideways Google Google poor thing tried to bounce again but structure on this has has remained bearish for from right over here and uh this thing is not able to do it right now so even today any bounce game just got sold off um so right now as I said I'm not seeing any sign of upside let's go to the hourly interval and poor thing last hour sold off badly as well and then here we are 150 and 86 cents is still the level to REM to see if it can get above it structure may start to turn around it tried today but failed and other yeah tomorrow again structure is bearish guys so right now now upside will only a little bit start to be a little bit more confirmed if we get about 15 and 86 otherwise no it's still weak enough and you know make your own judgment then if there's weakness then it's not good to play Upside Amazon Amazon is looking strong WR and let's see if it changed its structure as well today bullish and I think it did not yet okay not yet guys uh but it's not far away from fully changing the structure bullish um but it is a good rebound that has been coming and it can well this is the level 180 if it breaks it to the upside it can continue higher and in my opinion as long as and tomorrow yesterday also I talked about if we stay above 200 days moving average is just an upside play and even for tomorrow as long as we don't lose the bottom like 176 and 75 cents is still fine for the upside so that's the level to watch so accordingly have a trailing stop loss at these levels as well right so um yeah that's Amazon so well that's it for this video guys if you found it helpful valuable please hit the like subscribe if you need access to my tools links are in the description below there will be another video coming out on my junior Trader div and investing Channel link to that channel is in the description below as well and I did sell some Tesla today I did buy some other stuff as well I'll talk about it in that Channel all right I'll see you my next videos then take care bye