✅ RESULTS REVEALED: Did Hit NVDA & SPY Our Targets?

This content was created by Dave Barnhart. This content was uploaded by Dave Barnhart. This is a YouTube video titled "✅ RESULTS REVEALED: Did Hit NVDA & SPY Our Targets?" (created 2025-11-20T20:32:28Z). The excerpt is a single-speaker market recap/trading tutorial where a host addresses traders about intraday setups for Nvidia (NVDA) and the SPY ETF on November 20, reviewing price action, pivots, EMAs (4/8), volume, put/call walls, key levels and targets, and lessons for staying in or exiting trades. The presentation is instructional and aimed at viewers/subscribers rather than a multi-person conversation.
Chapters
Good afternoon, traders. It's Thursday, November 20th at 2:13 PM. Let's review our trade setups for today. It has been a crazy day. We got Nvidia and we've got SPY. So let's look at this. Nvidia had gapped up because of earnings, high $196, and look at this selling off the entire day. SPY did that as well. Look at this increasing volume here. This is absolutely nuts. So we were bullish above 196.25, bearish below 194.50. The 196 tagged us in here, hit our target 197. That's a bit cheeky, but not— 194.50 down here right at the open tagged us in, couldn't hold. So this open was right on an R3 as well. That's oversold. And this rolled over, and look at this now. I I always mention this. If we're riding the 4 and the 8 exponential moving average, there is no reason to get out. This hit all of our targets and we were all the way— we had mapped this out back to R1 here. But this, look at this, when this rolled over, look at this volume here, increasing volume and rolled over and look at just red candles, not even stopping here. They pulled the order book. That's what I think what happened. And so this just sold off, had a bit of a bounce at R1, at our target, and then came back. We still, still riding the 4 all the way down. We came down and held the 187, came back, back to the pivot, down through this, um, this S3, which is technically oversold, back up to the pivot, and now we're coming down to this S2. So no reason to get out. This is where you would have got out potentially right here, coming back where you're closing above the 4 or the 8 exponential moving average. So if you came in at 194.50 and got out here at 184, that's a 10-point move. So that would have been excellent for you guys if you've taken that. And then here rejecting again, increasing volume, coming back for a second round. So this is, this is what it's been like all day. Let's go ahead and look at the SPY. Similar thing. So SPY here, I've got a lot of black lines. Let's not talk about those. These are things that I had marked out, support and resistance on higher time frames and things like that. Same thing. This one upthrusted all the way back down, and look at the low here, the October 10th low. This is the— this will really be the target, 653. 13. And let's see if we close below this, that's, um, well, it is very bearish anyway. 650 is a giant put wall, so 660— those of you that trade options, the next one below is I think 632. If you were gonna trade down that there, that would be down here, 632 as a target. And you know, since we're doing the daily, this can always pop up Come back down, takes the staircase down here, maybe down to the 632, 630 level as a target. So anyway, I haven't seen this in a very long time. Like I had mentioned, all these red candles, and it's not stopping for moving averages, it's not stopping for pivots, it's not stopping for anything. So it was just massive institutional selling. So SPY, we were bullish above 671.50, bearish below 668. Now the 671.50 was great because This took us all the way up to 675, which was a call wall. And so it, it got up there and then rolled over. 660 was the put wall, and then 650 is a put wall as well as, as support. But this one from here rolled over. There was a good entry point with the increasing volume. And look at this volume here. On the bottom. And so when this broke, you could just stay in it. That's what it turned out to be. But anyway, we were bearish below 668.50. We had mapped it out to 662.91, which was the pivot all the way down here. But all, all the way down here, this is where you would have got out potentially, is 657. So that's a, uh, 657, 660. Yeah, that's a 13-point move there. Without even having to get out of the trade. So anyway, hopefully you made some money on these. Those were some great trades. So yeah, please like, share, subscribe, do all of that great stuff. Leave some comments in the comment section below, and we'll see you tomorrow with all new trade setups. Happy trading, everyone.
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