Video summary

📈 [LIVE] PRE-MARKET LIVE STREAM | The Pullback Long We Talked About | TOP SETUPS!

Main summary

Key takeaways

Finance

Finance-focused summary (with tickers/instruments, levels, and recommendations)

Market / macro framing

  • The speaker attributes part of the market move to recurring headline/catalyst timing, including a “Trump pump” and a tweet about Iran (creating buying pressure).
  • Overall guidance:
    • Don’t initiate shorts into major demand lows.
    • Don’t chase longs into obvious supply / moving-average resistance.

Key index levels & trading setups

Nasdaq 100 futures (referenced as “ES”/S&P context + Nasdaq levels)

Bearish entry (only short setup)

  • Break & retest rejection under 29,250 (Wednesday highs).
  • If it rejects there, expect a bear flag and a potential move back toward ~29,000 (CPI high zone).
  • Target/timing expectation: ~250 points on the short-side through that area.

Bullish bias / pullback-long zones

  • Pullback long at/near 29,250 (Wednesday high + overnight low area).
  • Ideal entry inflection: 29,250–29,330
    • Framed as the bulls needing to hold for upside continuation.
  • Deeper pullback long: CPI highs at ~29,000.

Upside supply / resistance

  • Weekly high area: 29,780–29,800 (major rejection zone; Monday/Tuesday rejections).
  • Daily 20 SMA repeatedly referenced as resistance.

If 29,250 breaks

  • Downside expectation: return toward 29,000 and the CPI high.

QQQ (Nasdaq-100 ETF)

Supply & upside continuation

  • Major supply high: 720–723
  • If QQQ reclaims above 723, expect upside toward ~735.

Pullback long zones

  • Long setup: 711–713 area (described as prior high/low behavior; “perfect” pullback-long framing).

Bearish trigger

  • If QQQ breaks 711.28 (Wednesday highs) → short entry toward CPI area: ~705.

S&P 500 / SPY (ETF)

Upside resistance still overhead

  • Major upside supply / triple-top area: ~7470 (also aligned with daily 20).
  • Caution: not a great spot to initiate new longs at/into 7470.

Downside demand zone

  • Watch ~7386–7400.
  • If support fails: potential move into ~7335–7354.

Further rejection/supply notes

  • Additional SPY rejection zone: ~744–745.
  • The speaker “doesn’t love” the S&P setup versus Nasdaq due to sloppier levels and being below daily 20.

SMH (Semiconductor ETF)

Upside supply (caution)

  • Supply/resistance: 614–621 with repeated rejections.
  • Guidance: be cautious; described as a “must-know spot.”

Preferred long setup: pullback to demand

  • Interested in pullback long around ~593–595 (daily SMA/demand cluster).
  • Framework: don’t long the supply high—wait for a fade toward daily 20 / demand, then enter.

Single-name stocks (setups, risk levels, and price triggers)

  • IBM

    • Bullish entry described around the daily 200 / daily 20 zone: ~266–270
    • Strategy: pullback to 266–270.

  • Tesla (TSLA)

    • “Not my favorite today,” but it’s defending a daily low for about a week.
    • If TSLA holds above ~397–395 (Wednesday high area): break & retest setup toward ~415 (200 SMA reference).

  • Nvidia (NVDA)

    • Not preferred semi today, but bullish structure is trying to form.
    • Watch level: 204 (must hold for upside continuation).

  • AMD

    • Called one of the cleanest setups.
    • Key levels:
      • Downside demand/pullback: ~475
      • Upside breakout: over ~505 → potential move to all-time highs

  • Broadcom (AVGO)

    • Monitoring a weekly chart retest (thesis already taken/picked up).
    • Still overhead supply; watch daily 100 / daily 200 zone for a higher “fire.”

  • Intel (INTC)

    • 4-hour pivot: ~114–115
    • If INTC holds 114–115 and reclaims/holds daily 20 → move toward ~125–126
    • If it fails back under 115 and under daily 10 → expect downside fade

  • MRVL (Marvell)

    • Waiting for a flip: needs to hold above ~275–277

  • Micron (MU)

    • “Daily 20” framed as a recurring profit zone.
    • Needs to hold ~960 (Wednesday high area).
    • If it fails under 960 → likely falls back into structure.

  • ARM

    • “Top watch of the day.”
    • Key reclaim area: ~323–332 (daily 20 reclaim)
    • Upside trigger: above ~367 → “ready to go” / higher move expected

  • DRAM / memory names (theme)

    • General theme: “memory names off the daily 20 continue to be fantastic.”
    • DRAM specifics:
      • Hold above ~63, or
      • Better pullback entry at ~60–61 (framed as ~50% retracement of the recent move)

  • IWM (Russell 2000 ETF) / small caps

    • Described as the strongest sector/index.
    • Key level: reclaim ~287–288 → implies moving to/all-time highs
    • Over all-time highs: “blue sky breakout.”

  • AMD/Nasdaq ecosystem

    • Emphasis that Nasdaq levels are cleaner than S&P.

  • Rocket Lab (RKLB)

    • Breakout watch: breakout over ~127–128
    • If it breaks 128: “lift off.”

  • Hood (Robinhood, HOOD)

    • Mentioned a strong trade already (profit cited).
    • Today’s decision point:
      • If HOOD gets over ~94–93, trade toward ~102
      • Could also be a rejection point today—caution near highs.

  • Others mentioned

    • CROV?/CRWV: watch around 96–97 to see if it “starts to fire” (limited detail)
    • Dell (DELL): watch for breakout over ~412.90
    • Watchlist includes: MU, ARM, NVDA, INTC, MRVL, IBM, TSLA, HOOD, RKLB, ASTS, plus NBIS, CRWV (presented with trigger levels)

Methodology / step-by-step frameworks explicitly used

  • Inflection-point trade construction

    • Identify key technical levels: prior highs/lows, CPI highs, daily 20 SMA, weekly highs, plus daily 50 and daily 200.
    • Enter on:
      • Pullback longs into demand/inflection, or
      • Break & retest confirmations.
    • Avoid “bad location” entries:
      • Don’t short into major demand lows
      • Don’t long into major supply / daily 20 rejection (e.g., Nasdaq/S&P supply areas)

  • Trade selection by instrument behavior

    • Nasdaq levels viewed as cleaner → use Nasdaq as the guide.
    • S&P levels described as sloppier → less trust.

  • Risk framing via conditional triggers

    • If support breaks (examples given: 29,250 on Nasdaq; 711.28 on QQQ; 960 on MU), downgrade and expect moves toward the defined demand zones.

Portfolio/account management (risk management / execution context)

  • Multiple accounts referenced (e.g., live vs prop):
    • Vanquish prop account vs live trading vs other prop/live variants.
  • Explicit stance:
    • If confident and profitable, trade live capital instead of relying on prop.
    • Prop accounts described as an alternative during slumps (to avoid risking live capital while confidence resets).
  • Position sizing / capital references:
    • Starting live account: $20,000
    • Options accounts: no specific required amount; preference $5,000–$10,000
    • Futures sizing (conceptual): “two, three minis” baseline; up to “five” if strongly favorable
  • Performance/metric callouts:
    • Making a “$50,000+ week” on the futures side (this week)
    • HOOD: 70% yesterday

Disclosures / disclaimers

  • No explicit “not financial advice” disclaimer appears in the provided subtitles.

Presenters / sources mentioned

  • Sid Tur Johnson Dude (host/chat participant name)
  • David (chat participant; full last name not provided)
  • Alberto (chat participant)
  • Chef / Desi (speaker/host branding; referenced as “Chef,” and also “Desi” in promo/code lines)
  • Jake (a friend calling during the stream)
  • Tools/platforms referenced: ThinkorSwim and TradingView (for daily levels)

Original video