In this pre‑market video, the host provides live technical analysis for two equities – the SPDR S&P 500 ETF (SPY) and SanDisk Corp. (SNDK). For SPY, he reviews recent large‑volume prints, identifies a consolidation zone, and maps bullish and bearish trigger levels using 4‑, 8‑, and 50‑period exponential moving averages (EMAs). He outlines specific entry points (e.g., above 689.60) and downside targets (e.g., 687.31, 682.50, 677.36) with projected move sizes of $5‑$6. For SNDK, he highlights the relevance of hard‑drive storage to AI, notes a strong pre‑market price jump from $539.30 to $654, and again uses volume prints and EMA alignment to set bullish entry above $652.50 with targets up to $689.14, and bearish levels below $647 down to $610.12. He mentions an upcoming earnings report, advises risk management around $5‑$10 pull‑back zones, and ends with a call to action and a partnership plug for MobyTick and TrendSpider.
Chapters
Good morning, traders. It's Friday, January 30th at 4:37 AM. All right, 2 stocks for you today. We've got SPY and we've got SanDisk. So let's go ahead and have a look. SPY here on the right-hand side, these are the late prints in the last month, and we can see this consolidation here. January 2nd, large print, 2.9 million. Then there were more prints here in the middle, and we pulled back below my 50. But look at this, this one, this one here January 21st opened pegged this 3.9 million print, moved up, and so we're in this consolidation now. Yesterday there was a big drop about 10 points, and it pushed up from down here all the way to the top. But look at this volume, and now we're pushing off this print here around 693, whichever one that is. That's 6.6 million here, and it's pushed back to my moving average here. This is pre-market, so we're already down $5.50. Let's see if we can make it down to the 50 or down here, but we have a retracement trade where we can get up to the 4.8 exponential moving average. So let's go ahead and map this out on both sides. You can see these prints are automatically overlaid on your charts. We've got a good starting point here. We're going to be bullish above 689.60. Let's get above this print here and see if we can fill this candle. So 689.60, 690.21 is a 2.8 million, 690.68 in here, 691, 691.61 is a 4.8 million, and it's also the retracement to the 4 exponential moving average, which is the red one here. On the daily, $691.80. Then we've got $691.98 is the pivot, and then $692.92 is this cam here. So when we're getting up into this area, you can see these large prints. If they're still selling, if we do make it up here, let's see if it'll roll over with some volume. Otherwise, let's see if we can fill this gap here. And I didn't go much farther than that. So on the downside, we're going to be bearish below 688. We're getting very close to that now. Target 687.31, 686.89 is a cam— don't, sorry, is this, uh, pivot right here. 686, 685, 682.50, 681.97 is a 2.9 million. So if this becomes resistance, if we break below Come up, take this rollover, then we've got a nice move down here for about, uh, $6, something like that, $5, $6. If we don't hold this, then we've got $677.36 is a 3.9 million, $675 and $670. I mapped it out down there. So if this one's gonna move, then we've got that. Let's go ahead and look at SanDisk. This is a positive one. So this one, they make hard drives, and with the whole AI thing going on, that's pretty important to have storage. So look at this, we're up $114 on this one. We closed here— what was the close? $539.30. We're trading at $654. That's a brilliant one. Look at this increasing volume here. We've got these prints. If we're looking at this in the last 30 days, you can see here increasing volume, new print, consolidated, pushed up, and then they've just been adding to the position here. So when we got this, when we got this trade here on January 21st, we went sideways. Look, testing the print, coming back, testing the print, testing the print, but then a new print, and then we closed above with increasing volume. That is a great swing entry. Although earnings were in 2 days, so it looked like a great setup. And so now it's taken off pre-market. Let's go ahead and map this out on both sides. We're going to be bullish above 652.50. Let's get above here. Target 665, 670, 675, 680. Then I've got 689.14 is our, is our 5. It's just clear sailing here. So if we have this 4 and this 8 exponential moving average running together, then yeah, stay in the trade, but mind your $5 and $10 levels for some pullbacks there. On the downside, we're going to be bearish below $647. Let's get below this target: $646, $645, $642.50, $640, $630, $620, and $610.12 for retracement back here to This R3, which would be support. Okay, there you have it. Those are your 2 trade setups for today. So please like, share, subscribe, do all of that great stuff, and we'll see you later this afternoon with our results video. Happy— MobyTick has partnered with TrendSpider to bring real-time institutional trades to your charts. Click the link in the description below for more details.
