100% Win Rate On Our Trades For the Week!

Dave Barnhart reviews the week's trades on SPY, NVIDIA, and Tesla, reporting 47 wins out of 50 trades and a multi-week winning streak. He breaks down technical levels, support zones, and entry points for the positions.
Chapters
Good afternoon, traders. It's Friday, January 10th at 12:17 PM. So we've had a bit of a ride in the market. I think the SPY's down about 10 points today, and we've got a good run that because we mapped it out both on the upside and on the downside. We were bullish above 589 and bearish below 586. So when we look at 586, that turned out to be here. So when this news hit, this came down On this candle, came back up, and at the— we opened pretty much at $586. That was our shorting opportunity there, and then we had targets all the way down to $584, $583, $582.50, down to $580, which we did get down to $580 here. We had a bit of a reversal here at the $10 level, came back up, and then, uh, my lower target was $577.65. We haven't hit that yet. I've got a line here, 577.75. But anyway, 577.65 was my target. There's a line there. This red line actually is a trend line on my daily. And so we're kind of— if we looked at the daily here, here's— look at this. There's a trend line there, and we gapped down right to here. Right, and so there's not much room here. This is massive support. And then I had this other cam down here at 577.65, which I mislabeled. So anyway, that's pretty much getting close to the low there, and that's on the daily. So either we'll retrace a little bit. We're so far away from the 4 EMA, which is at 585. So we could either have a retracement, which usually happens. Otherwise, we gapped down again later. So we are below all of the massive $20 billion in value that I showed you in this morning's video. So it looks like maybe there's a short opportunity here. Either we wait to see what happens on Monday, or we can look for a swing position on the short side. And if we're doing that on the larger time frame, we can fill this gap here, $576, $571. And then $568. But anyway, if you have Moby, you can see all of the, all of the late prints that we track. Just put it in for 10 million and we'll see what's there and we'll get some targets. Okay, so the other one we're looking at was Nvidia. Now Nvidia, we were bullish above $142 and bearish below $138. Let's have a look here. So at $138, this actually occurred pre-market, there was a shorting opportunity here, and then $137.53, $136.60. And then all the way down to 134.15, 133.60. So we actually came down all the way— 134.15 here was the, uh, S2. So we actually made a low here of, um, 134.22. So we were pretty close to that, to my target of 134.15. And if we didn't hold this Be $133.60, and then failing that, we had a really nice run, minding the dollar levels, down to $127. But anyway, that's, um, it was a good $3.85 on Tesla, but then $6 on the SPY, so that worked out fantastically. So for the week, we're doing pretty good. We've called out 8 trades because we had the holiday this week. It's 100%. That's 3 weeks in a row. We've been doing 100%, so, um, pretty happy about that. And if we look at our totals, we've got a total of 50 trades, 47 wins for a total of $134.97 a share. Losses are a total of $134.97 of 47 shares. And then our losses, uh, 3 trades, $0.60 total for that per share. Okay, so yeah, uh, don't forget to like and subscribe. If you have any questions, just, um, Pop them in the, in the comment section below and I'll get right back to you. Happy trading.
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