🚨 URGENT PRE-MARKET ALERT: NFLX & GLD Trade Setups!

Good morning, traders. It's Wednesday, January 21st at 4:12 AM. All right, I've got 2 stocks for you today. We've got Netflix and we've got gold. So Netflix, not so great on earnings. It's down $5 as of the close yesterday when earnings were released. So let's see if it pulls back a little bit. Usually they sell 3 days If it's if it's a bad one, they'll sell three days after. So let's see if there's a downside and a retracement to the upside on the right-hand side here. These are the largest trades in the last month, and you can see this consolidation here: 1.4, 1.4, 1 million, 1.4 million. So they knew all of this December 31st, January 7th, 9th, right? You see all of this consolidation here increasing volume. And then we've got the day of earnings, and then it moved down here. This was just straight. It looked like it was just selling into this, um, into this downward move here. So we've got to get up and break above these prints for it to go long. There aren't prints below us, so we'll see. We'll get a retracement trade to the upside and the continuation to the downside. So we are going to be bullish above 83. Let's get above this consolidation here. Target 84, 84.37 is a cam. 85, 85.18 is S2. Then we've got 86.68 is a cam. 86.22 is S1. It's also the retracement to the 4 exponential moving average, this red, red one here. This says 85.68, but as this price moves up, this will move relatively quickly as well. 86.47, 86.73 is a cam, 87, 87.52, and then we've got 87.79 and 87.98, which is getting up to these prints here. This is 2.4 million here within a couple pennies right up here. So I've got this end of the road. If we come up this high and it starts rolling around, then they've pulled this up to sell more. So let's see. We're going to be bearish below $81.75. Let's get below this right here. Target $80, $81, $80.79. $82 is S4, so there's a really nice pocket here on the downside. Then we've got $78, $76.54, $76, $75, $72.50, and $70. So just doing $2.50 levels. And so what we're looking for Like here on the daily as the example. I keep saying this, if the 4 is riding below the 8 exponential moving average and you have increasing volume, things like that, then that's a higher downward momentum and you stay in the trade. All right, let's go ahead and look at GLD. So I wanted to show you GLD here. We've got largest trades in the last month. You can see here this was 1.1 million total about here. Then we moved up, looks like they were adding to their position. Then we've got this really big consolidation over the period of 1, 2, 3 days, and you can see all of these prints in here, and then we've gapped up. But what I also want to show you is if I switch to the week, you can see here all of this was in the last week. And then yesterday we've got 205, about 800,000 here yesterday. And then now we're off to the races again. So let's go back and look at the, at the month, and we'll map this out on the upside. So we are going to be bullish above 447. Let's— yeah, 447. And if this, by the time, if you're watching this video, watch the 50-cent level. If we're too close to this R4, then make sure this is support. So we bounce up, hold it, and then continuing. But anyway, bullish above 447, 447.50, take a little bit off the table, 448.61. We just mentioned R4, 450, 451.25, 452.65 is R5. Then I've got 455, 457.50, and 460. That would get us up here. Similar sort of thing, you can see this 4 and the 8 riding. We might come back for a little bit, test it, and if we break this and hold this R4 earlier, it's a good chance this will be support throughout the day. Bearish below 444.50. Let's get below this R3 target, 444, 442.50. We're breaking this up a little bit, 441.30. $440.53. You can see these here. $440.53 is R2. $439.45, $438.88 is R1. It's also my 50 simple moving average, so we're getting into some support here. And then we've got $438.34 and $437.97, and I stopped here. $437.97, we're really, really tight here, and it's the dollar level, and we're back into this consolidation area that was support, that is, uh, that is support ongoing. All right, there you have it. Those are your 2 trade setups for today. So please like, share, and subscribe. Love hearing from our traders. Leave a comment in the comment section below. Let us know how you're doing with your trading, and we'll see you This afternoon with our results video. Happy trading, everyone. Mobitick has partnered with TrendSpider to bring real-time institutional trades to your charts. Click the link in the description below for more details.