In this early‑morning video, Dave Barnhart provides a concise market briefing for traders, beginning with a heads‑up on the upcoming JOLTS jobs report. He then dives deep into the SPY (S&P 500 ETF), highlighting recent large institutional prints (e.g., a 9 M share trade at 576.09, a 10 M trade at 561.32, and a 2 M trade at 563.76) and interpreting them through technical lenses such as the 4‑ and 8‑period EMAs, ATR (≈$9.74), and Camarilla pivot levels. Barnhart maps out bullish price zones above 563.25 with specific targets (up to $575.85) and bearish zones below 561.32 with a cascade of support levels down to $548, noting the significance of volume clusters. He repeats the same methodology for Tesla (TSLA), pointing out recent 2 M and 3 M institutional prints (e.g., 240.35, 257.67) and using EMA, ATR (≈$20.60), and Camarilla levels to outline bullish targets (up to $255.85) and bearish thresholds (down to $199.88). Throughout, Barnhart emphasizes the importance of staying above the 8‑EMA for bullish momentum, monitors ATR‑driven volatility, and offers concrete trade ideas for both long and short positions. The video concludes with a standard call‑to‑action for likes, subscriptions, and comments.
Chapters
Good morning, traders. It's Tuesday, March 11th at 5:45 AM. Okay, economic news today, JOLTS job openings at 10 AM. And I wanted to mention yesterday on the SPY, we had another 9 million here at 576.09. That's a $5 billion trade. So these are late prints. Clearly we didn't trade there yesterday, but it was selling from the previous day. And so yeah, we've got this level 576.09 that we've got to add to the list. So let's go ahead and look at the daily chart. So clearly it's been quite bullish, but where we've wound up here is we're sitting on, um, we tested this old print from September, 561.32, which is 10 million, and then we've got this 2 million at 563.76. This, uh, 4 and 8 EMA, they're expanding, so it's very, very strong on the downside. So, uh, we had lots of volume here, and then it looks like if we retrace, we could actually come up to 567, 572, something like that. But if we start breaking down, we can come down to the 555, and then there's 548 down here, which is another 9.3 million. So we have that on the lookout. So we can see where They've been buying and selling. These are the largest, pretty much, um, 10 trades in the last year. So we can see that there. Now let's go ahead and look at the 5-minute here. So we are going to be bullish above 563.25, target 564, 564.42, 565, 566. $567.50. $568.22 is an R1, and so we have an R1 and a Camarilla there pretty much at, at this price. So there'll be some resistance there at $568. Uh, $569, $570, $572.50, and then $574.66, $575.85 is an R2. Now, clearly the ATR is going up in the last 14 days, so it's almost $10. It's $9.74. So getting a Yes, to say 573 anyway would work within the ATR and the volatility. We're bearish below 561, so we've got to get below this print, 561.32, and you can see it here. So if we break below 561, then we have a target down to 560, 559.30, 558.02, 557.50, 556.74 down here. 566, 555, 554.27 is the S1 down here. 553, 552.50. And then you've got 552 down to 550, down to 548. Really, if this continues all the way down here, there's another 9 million and that would get us, um, that's a little bit beyond. But anyway, we've got that mapped out just in case. And, um, I wanted to show you something, and I keep mentioning this. We look at the previous day, scroll back here, see how it's riding the 4 and the 8? You can see that coming down here. You know, that's, that's bearish, so you stay in the trade, right? There's lots of trading opportunities to get back in on that one. Oh. Okay, let's go ahead and look at our next ticker, which is Tesla. So notice these are the same 2 trades as yesterday, but these ones can really move. And including the SPY is kind of important when the market's really volatile. Then it gives us an overview of what the, the market is doing. So, and it could be a little bit easier to trade. So here There's a brand new print, 2 million on, um, on Tesla. And let's find it. It's, uh, 240.35 here. This one came in yesterday and we're at 230.49. So we're still below that one. But if we look back on Tesla, these are the largest trades in the year. So you can see where the institutions have been adding to their positions and buying and selling rates. So we have this We came down, back up to the print, back down, and then when we gapped up, then it was game on for a while. We can see these— the selling at the top and then moving down, and clearly there's more prints. These are the largest ones that we have so far. We can manipulate that if we need. So just so you're looking at this, so we would really need to have the, um, this price be above the 8 EMA in order to really have this turnaround for a longer term. A longer-term swing setup. So let's go ahead and look at mapping this out on both sides of the trade. Okay, so here, here we go, and the prints are on the chart as well for our reference. So we're going to be bullish above 234, target 235, 236.25, 237.50, 240. We've got this 2 million here at 240.35. And this is pretty much this CR4, and then 241.25, 243.50, 245, 250, 255.85 up here, and then 257.67 is this, um, this 3 million print here. Okay, so we're going to be bearish below 228. Just got to get below here, 228, for retracement down to 225, 21, 223, 47, 220, 219, 09. That's this one here. 217, 50, 216, 03, 215, 213, 210, 66 is a 2.6 million print. And then we've got this, uh, S1 here, so those should be a bounce, I would expect. 210, 203, 80, and then down to 200. We've got this Um, 199.88 is a 1.9 million, and 198.47 is an S2. So this one's moved almost $21. $20.60 is the ATR, so that gives us some room on both sides. Okay, happy trading everyone! Please like and subscribe, leave some comments in the comment section below, and we'll see you after lunch, see how we're doing.
