🚨 URGENT PRE-MARKET ALERT: QQQ & SLV Trade Setups!

Good morning, traders. It's Monday, February 17th at 4:29 a.m. All right, two stocks for you today. We've got the QQQ and we've got silver. So the Q's over here on the right-hand side, largest trades in the last 30 days. We can see it looks like they've been selling off for a while. We had this bottom here, 608 area. We had this move up. More prints here. Actually, that was the day before. So we splashed down, broke close above, upthrusted 2.9 million here at the top, and we've come down to test this level here. This was a, this was a trade back February 6th. That volume belonged over here. So we've moved up. Looks like they're potentially selling more because we didn't break above that, but we've come back to test this level here. So we close above 597. And it looks like they might be selling down a little bit more. So we've got a retracement trade we can set up and then a pullback below this. And let's see if we can map this out on both sides. All right, we're going to be bullish above $599.25. Let's get above this CAM target, $608, $601, $601.61, $602.84. Then we've got $603.76, $604, 69,605.55 is that 2.2 million share trade I think we talked about, and 606.79 is our one that's getting us up here. So we got to mind this as we get up to the 601, the, the person's pivot, the CAM, 200 exponential, 200 simple, and my 50 simple moving average. So this here can be resistance. So if we're coming up and we're meshing against these and start turning over, increasing volume, Then that'll be retracement to the downside. So we're going to be bearish below $598. We'll see that this is actually a little bit easier to trade on the downside. Target, target $597.21, a 2.5 million share trade, $596.73 and $596.39. And then below that we've got $595, $594, and then $591.77, which is— this is a great Opportunity to trade here from 590, 595 area all the way down to 592 area, which is great. And then we've got 587, 590, 587.50, 585, and 581.49. So you can see these nice pockets down here in order to trade. All right, let's go ahead and look at silver. Silver has been getting crushed, as we know. So last 30 days, back here January 20th, we can see these massive prints on the way up. If we went back, like, we've been trading silver for a while, so we can see, uh, this is just the last 30 days, but there's millions and millions of shares. And we called this out on Twitter right here the minutes after it happened. 3 million here at the top, and then we crashed all the way down and we tagged a, a lower print level here. There were 3 million down here as well. Now these are the largest, the top 10 largest trades in the last 30 days, and we're sitting here on millions— 2, 3, 4, 5.3, almost 6 million. And so look what's happened. We've got increasing volume testing the 4 exponential moving average, breaking below the prints. So this looks bearish at the moment, and so we'll— we've got a retracement trade to the upside without a bias. And then if this breaks down, we'll see if we can come down to about 58.77, something like that. So on our intraday, we're going to be bullish above 68. Let's get above this print. And you can see here, when we gap down overnight, we hung on to this print. From February 5th, 2.2 million. So let's see if they're continuing to sell. We might test it a couple times and break down. Otherwise, if this becomes support, then we can retrace up a little bit. So bullish above 68. 68.37 is a target. 68.61, 69.04 is a cam. And look at all of these prints here. This is really tight. They're selling. We might come up and then just roll right over. 69.27, 69. 69.49, 69.95. This is huge. 95 and 97 is a cam and the pivot. My 50 simple, my peanut butter and jelly here. 200 simple, 200 exponential. And this is the post-market from, from Friday. So yeah, that's, uh, that's pretty strong resistance here. We're going to be bearish below 67. Let's get down here. Target 6650, 66, 65, 05 is S3. So similar here, you can see these excellent pockets here on the downside. 64, 62, 59 is S4, 62 and 60, 13 is S5. All right, there you have it. Those are your 2 trade setups for today. So please like, share, subscribe, and we have a weekly newsletter that comes out on Sundays. So click the link in the description below, sign up for the newsletter, gives you some swing trade opportunities for the week, and we also learn something about the dark pools. So there you have it. All right, we'll see you later this afternoon with our results video. Happy trading, everyone. Take care.