In this pre‑market video, the presenter delivers two intraday trade setups for the SPY ETF and Alphabet (GOOGL) stock. He walks through recent price action, highlighting large volume prints (e.g., 5.2 M, 1.1 M shares for SPY; 750K‑900K for GOOGL) and identifies key CAM (Cumulative Area of Momentum) levels, pivot points, and resistance zones. The analysis relies heavily on short‑term exponential moving averages (4‑EMA, 8‑EMA) and longer‑term 200‑day SMA/EMA to gauge trend direction. For SPY, bullish entry is suggested above the 4‑EMA (~$681.37) with a series of incremental targets down to $673.02 and a bearish stop below $678.87. For GOOGL, bullish bias is above $3.1926 with targets up to $331.33, while bearish levels are outlined below $317. The presenter emphasizes watching the 200‑day SMA/EMA as a decisive support/resistance filter, outlines specific downside targets, and ends with a call to like, share, subscribe, and check back for afternoon results.
Chapters
Good morning, traders. It's Monday, December first at five sixteen a.m. All right, two trades for you today. We've got the SPY and we've got Google. So let's look at the SPY here on the right-hand side. This is the last month, and so we cover these every day. We can see here we had this deep pullback, and we had this really nice juicy red candle here. We held the one hundred simple. There was a five point two million share print here as well. And this pushed us up to the top. So we have a double or triple top scenario going on here, and we can see these trades that are here— 2 million, 5 million— and it looks like there might be a little bit of distribution at the top. We could really draw a trend line here, and let's see if this holds if we come back to the 4 or the 8 exponential moving average. But we do have some consolidation of prints here, so let's map this out on both sides for a retracement. Back down or a move to the upside. So looking over on the left-hand side, we can see that above us there's lots of resistance. So let's go ahead and map this out. 680.25, getting above this cam is where we would get in. 681.37 right here. We've got my 200 simple, 200 exponential. So what happens here is if we come up here and we don't hold the 200 simple, 200 exponential, then we can roll over And start coming down again. But anyway, let's continue on. 681.65, 682.52 is up here at the pivot. We're getting into some prints, and then we've just got the 683.10, 683.68. I'm just calling out these cams here. 683.69, 26, 684.54, 685.13, 685.68, and up to 685. Uh, 57, and then we've got 687, 688.85. Once we get up here, then there's a really nice, um, really nice pocket up to the R3. So it would have to be pretty strong for a melt-up move there. On the downside, we're going to be bearish below 678.87. Let's get below this 500K print. You can see that pre-market this was the low and tagged it. This is a print from the 26th. So we've tagged this, we've pushed up, we've tagged this other print, right? So this is Print Pong at the moment. So we, right when the pre-market opened, we hung on to this in the cam, came back, tagged this print. We're pulling back a little bit. So if we move above, this is pretty good because that's 1.1 million there. If we start moving up, we'll see what happens if there's that, um, ride to the upside anyway. So our target will be $678, our first target, which is exactly the 4 exponential moving average here on the daily. Then we've got $677.50, $676.19, which is S3 down here. $675.14 is a 5.4 million. $674.47 is the 8 exponential moving average right down here. Then we've got $673.02 and $669.86. Down here. So if we get the 673.02, then, and this breaks, then mind your dollar levels, your 250 levels, those sorts of things, 50 cents. Then there's a nice trade down here to this S5. All right, next up is Googly, GOOGL. Okay, Google, similar sort of thing. On the right-hand side, we see the consolidation of, um, of prints here, and there are a lot of them, right? 750K, 600K, 900K this year. And so there was this consolidation, pulled back, moved higher. And so this 684K on the 25th, we've tagged this. This was the day of the print. We've tagged it, tagged it, And we're sitting on the 4 exponential moving average. So if we get above and close above this, that's fantastic. We're moved to the upside. Otherwise, we can retrace. If we break below this 4, we can get down here to the 8 around $3.11 and then back down here to the print around $3.01. So let's look at that on the intraday and see where that gets us. We're going to be bullish above $3.1926. Let's get up here. Right, this cam here, target 320, 321.10 is a cam, 321.27 there. And like on the SPY, 200 simple, 200 exponential on the intraday. If you don't have that on your chart, just check it out and watch it on the intraday and see how this is support or it's resistance a lot of times. Then we've got 322.02 as a cam, 322.95 323.44 is the 684K print. Then we've got 325.71 as a CAM, and then the 76 here, which is this R1. Well, if we— there are some nice pockets here, and above this there's some nice pockets. 330, 330.35, and 331.33. So there is— the upside is, is much better There, once we get above a little bit of this noise. On the downside, bearish below 317. Let's get below this right here. 317 target, 316.50, 315.70 is S1, 316— 314.65 is a CAM, 312.50, 311 is the 8 exponential right here that I mentioned, 310.01 is a CAM. And then down here we've got a nice pocket down to this S3. So we'll break this down: 312.50— yeah, we— 311, we called 310, 307.50, 305, and 301.15, which makes it S3. If this continues down, then the next pocket is 291. That's a 10-point move, but you have to break that down into like 207.50, 205, For those, those major levels, and then look left for your support and resistance on the higher time frames. All right, there you have it. Those are your 2 trade setups for today. So please like, share, subscribe, do all of that great stuff. Leave some comments in the comment section below, and we'll see you later this afternoon with the results to see how these worked out. Happy trading, everyone.