📈 [LIVE] PRE-MARKET LIVE STREAM | Quick Morning Update

Schedule / Live Segments

• The host provides a brief pre-market update, then transitions to NinjaTrader Live at 8:30.
• NinjaTrader Live will run this Monday and next Monday; otherwise it returns to the normal schedule.

Macro & Event Calendar (This Week)

Most Important Catalyst

• MU earnings (Micron Technology) — Wednesday after close
  • Positioned as the key catalyst for the memory sector, with likely “sympathy”/ancillary momentum in related names.

Other Major Macro Item

• GDP — Thursday morning
  • Framed as one of the biggest events of the week, alongside MU.

Less Crucial (Still Notable)

• Friday 10:00 — Consumer sentiment and inflation expectations
  • Described as important, but not as crucial as MU and GDP.

Sector/Theme: “Memory Leading the Charge”

• The host repeatedly emphasizes memory/DRAM strength, referencing performance described as “on fire” and active watchlists.

Memory / DRAM Mentions (Tickers/Instruments)

• MU (Micron)
• SNDK (SanDisk/Kioxia-related entity ticker used here)
• WDC (Western Digital)
• STX (Seagate)
• DRAM ETF (referred to as the host’s “favorite ETF”)
  • Described as “absolutely gone… straight up”
  • Exact ticker not stated.

Other Tech “Watch” Names Mentioned

• ARM
• MRVL
• AMD
• Intel (referenced with price levels, but no ticker is explicitly provided in the subtitles)

Trading / Market Levels (Nasdaq / QQQ / S&P)

Nasdaq Futures: Explicit Trade Snapshot

• The host describes his “biggest futures trade ever on the futures side” as a Nasdaq futures long.
• Entry: 30,364
• Size: 15 contracts
• Status: still holding
• Performance: up ~ $43,000
  • Subtitles also mention “over 500 points” / “~400 points” (wording varies)

Method / Framework (How Levels Are Used)

• Emphasizes:
  • Demand zones and supply highs
  • Prior highs/lows
  • FOMC candle levels
  • Daily 20 SMA as a trend confirmation filter
• Notes a “gap fill” framework for QQQ
• Macro uptrend philosophy:
  • Pullbacks (“pit stops”) are treated as continuation opportunities, not automatic short setups

Key Nasdaq / NQ Levels Called Out

Demand Zone Reference

• Nasdaq into 30,300 demand
  • Also tied to discussion relative to the daily 20 context.

FOMC / Wednesday High Levels

• Wednesday FOMC high: 30,520
• Host says the overnight market held near 30,584, described as maintaining the “Wednesday overnight… high,” tied to the FOMC high.
• Bullish condition:
  • Maintain above the 30,584–30,520 demand area
• If maintained:
  • Could form a higher low above 30,300, opening upside

Upside Trigger / Resistance

• Break level: 30,800 (“supply high”)
• If broken:
  • Target zone: 30,915–31,000

Long Ideas

• Pullback long at 30,520 (FOMC highs/demand)
• Alternatively, possibly pullback long at 30,300

Short Stance

• Host says he is “personally… very against the short side.”
• “Line in the sand” (macro bullishness): 30,250
  • If it breaks, he says there could be a reason to look for downside.

QQQ (Nasdaq ETF): “Gap Fill Long”

Explicit Thesis

• “Gap fill long continues to be true”
• QQQ behavior described:
  • Pulled back to fill a gap
  • Then “done nothing but structure higher”
  • Repeatedly held demand after the gap fill

Resistance / Gating Level Mentioned

• “You got to get over 742”
  • Subtitles do not clearly specify whether 742 is QQQ’s level or another related instrument’s level, but it’s treated as a gating requirement.

S&P 500 Levels (and SPY Reference)

Most Important S&P Level

• Must break: 7,600
  • Tied directly to the daily 20 SMA (“line in the sand”)
• If above 7,600 and reclaiming daily 20:
  • More confident bullish continuation
  • Upside toward 7,650
• If below 7,600:
  • Risk of staying sideways with rejection near highs

SPY Reference

• “If we fail here, we are still stuck”
• Mentions 750 on the SPY as a nearby reference level (interpreted as downside/alternative context)

Company / Trade Cautions & Specific Notes

MU Options Caution

• The host says he probably wouldn’t trade MU on options this week due to option premiums (implied elevated earnings-related pricing / costs).

MU Earnings-Week Idea

• For MU, he suggests potentially looking for pullbacks to that Tuesday high
  • (No numeric level given in the subtitles.)

Other Memory-Name Watch Levels

• WDC: “watching over 800 on WDC” if memory strength remains intact
• STX: described as the final memory name that “continues to be strong”
• Repeated theme: memory continues to lead the charge

Intel Trade Idea

• Intel pullback-long target zone:
  • 132–135
  • Described as a “great pullback long” back toward all-time highs

Performance Metrics / Numbers Explicitly Cited

• Nasdaq futures trade
  • Entry: 30,364
  • Profit: ~$43,000
  • Point language varies: over 500 points / ~400 points
• Nasdaq levels
  • Demand: 30,300
  • FOMC high: 30,520
  • Overnight high/demand area: 30,584
  • Break level: 30,800
  • Targets: 30,915–31,000
  • Macro bearish “line in the sand”: 30,250
• S&P
  • Must break: 7,600
  • Upside target: 7,650
  • SPY stuck reference: 750
• QQQ
  • Gating mention: 742 (subtitle interpretation not fully explicit)

Disclosures / Disclaimers

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

Presenters / Sources

• Presenter/Host: Desi (referenced via “code Desi” and “Vanquish” promotion)
• Platform mentioned: NinjaTrader Live
• Other context references include the event calendar items: MU earnings, GDP, consumer sentiment, and inflation expectations.