🔥 TESLA STOCK BIG EVENT TOMORROW!!! MUST WATCH TSLA, SPY, QQQ, NVDA, AAPL, & QQQ PREDICTIONS!!

but what is good so family it's Ray J back with another video and in this one wanted to break down what's going on with Tesla stock what's going on with apple spy Nvidia the QQQ and a couple of other tickers and break down why tomorrow is going to be a very important day for the markets as apple has a big event and this event is going to have a big effect on Tesla and the entire Market it's going to break down why this is very important what Tesla may do approaching the big event as we have some important technicals to discuss and how things are looking in my opinion based on what we saw from today but before I do anything like this though before I break down what's going on with the newest affecting Tesla and all these different things let me just mention a couple of things I'm personally not a financial planner so take none of this SAS Financial advice and also if you guys can please check out the Weeble link which is down below and in the description if you sign up for we built the link down below and deposited any amount of money into the account you are guaranteed up to 12 free stocks to offerings in just about three days so check it out before they run out anyways let's break down how Tesla's looking so in the morning I told you all that Tesla would likely get a very nice push today it was looking bullish in my opinion that's exactly what ended up happening is Tesla closed up 10 for the day but why did this happen just as a quick you know reminder Morgan Stanley has upgraded Tesla from a basically an equal weight position to an overweight position meaning they're expecting Tesla to outperform the market their analysts said that Tesla should be heading towards 400 a share and they talked about the dojo supercomputer being a very bullish Catalyst for the stock they mentioned that their robotics technology their AI development the FSD and the robo tax are going to help Tesla continue to grow they said the Tesla's a very strong company and they increased their target from 250 all the way up to 400 and that was super super bullish investors got very excited and Tesla ended up exploding when the news came out so that's exactly what I was telling you what happened and we ended up going all the way up to about 275 almost just under that so very very nice move by Tesla but the question is how will Tesla move for tomorrow now could Tesla continue to push very hard even though Tesla has pushed up very nicely from a technical standpoint it does look like we established a very tiny bearish Divergence and there is a possibility of a slight little like gap down tomorrow in my honest opinion but Tesla's not going to sink in my opinion unless there's bad news I think that we could see it just gapped down and start trading sideways for a bit consolidating this range with very very sideways price action and then we're likely going to see a big reaction after Apple's pick events so I'm going to break down more details about Apple in just a couple of minutes but I just want to remind you all about some important retracements so I know the strut's a little messy since I have all these like indicators up here and all these like different lines I'm just going to add one last little thing right here if we're looking at our Fibonacci you have to remember the points 3 8 2 retracements just so happens to be around that uh the last time I checked was around like 265. we also have the points two three six around 268. so there's some retracement levels worth looking at especially for tomorrow depending on how to 70 holds I will talk more about Tesla's share price in just a couple of minutes though I want to talk about other details first however so for earnings just as a quick reminder we just have a couple of them for the week nothing too big have like Adobe and a few other small companies nothing too massive whatsoever for data affecting the markets as a reminder we do we do have one piece of data we have the wasde report coming out around noon tomorrow for eastern Time or New York time at 12 p.m it's not going to be that big compared to Apple's event but it was going to be more impactful it's going to be CPI on Wednesday so just remember we have CPI coming up for Wednesday that's going to be massive for the whole Market but anyways let's not worry about CPI just yet we have something else that's going to affect us more for Tuesday that's going to be Apple's event what is this why is this so important why do I keep talking about this that's because Apple affects the entire stock market apple is massive and what it may do tomorrow is going to have a big effect on teslan Etc so when is the events tomorrow at 10 o'clock A.M Pacific time so that's like the California time uh which is where Apple tends to be uh that's going to be at about one o'clock P.M eastern Time or new York time make sure you're prepared for this we're going to see some crazy volatility depending on how this goes we're expecting to see the iPhone 15 being unveiled and they may be announcing some new Apple watches that is some big news I want to warn everyone that typically okay typically when we have events like this uh Apple tends to pump approaching the event then dump after the event is done with it that's what happens most of the time but no guarantees this time around because Apple did drop quite a bit before the event we did pop a little bit today but it wasn't really that great because we got some bad news involving Apple's supplier I talked about that earlier so I don't need to talk too much about it right now at this point it all depends on this event that's going to be the big Catalyst for tomorrow for the second half of the day I will talk about the first half in just a couple of minutes though uh anyways looking at the inventory levels some good news for Tesla would be the fact that the model y specifically saw a big drop in inventories as we're starting to see more buyers stepping in as we saw more price Cuts not too long ago and is helping Tesla and demand is trying to go up for Tesla during this time now we're approaching the end of this quarter so during this time we tendency to us to do well September tends to be a decent month for them historically remember that October tends to be a little bit weaker on the delivery side and then November and December tend to be very strong for them so we're approaching the very very strong Q4 uh we will see what happens as time goes on but we're seeing some improvements in these inventories as we're starting to see sales go up which is a good sign Morgan Stanley once again the bullish Catalyst they push Tesla up with the overweight rating that's awesome to have witnessed price ratio is going up as Tesla's gaining some relative strength and it should try to maintain some strength for tomorrow look in some data we tend to be green about 51 of the time on Tuesdays it's basically a coin flip and we tend to see more volatility this has been adjusted a bit so like around the third hour of the day we tend to see more so around like 11 o'clock A.M New York time is when we tend to see Tesla doing better around 11 and 12. and also during the third to last hour of the day or around 2 pm we tend to see tests to do a lot better historically during those hours uh you know September tends to be a decent month for tests that's only it's a little bit weaker as it tends to be weak for the whole Market but don't forget November tends to be extremely strong for the whole Market in Tesla the short interest went up a little bit we saw about 38 million shares shorted on Friday so we're just gonna wait and see how that goes and last but not least the volume was 173 million which is not bad whatsoever good volume for test size Tesla's continuing to push anyways with that said uh now I just want to talk about the charts how are things looking as far as Tesla goes when we look at the macd it is showing some signs of decline so we also form the tiny bearish Divergence we might gap down tomorrow maybe we test like 270 we could go down to 268 if that breaks that's where our Fibonacci retracement happened to be and I mean 265 would be the next level if we do a break below 268 I don't think it's going to drop that hard unless there's some bad news tomorrow my good tells me it may come down just a little bit retest like 270 could go a little bit lower then bounce off that and start trading sideways so I think it's just going to consolidate in the very low 270s and just trades sideways for some time I'm kind of leaning in that direction and then we're going to get a really big move depending on what happens with Apple so it may it make a gap down consolidate maybe pop here and there and just continue to trade sideways in this range and then as time goes on we have Apple's big events I don't know what's going to happen I can't really predict it it depends on what apple unveils and how the share price reacts a good reaction could send Tesla higher and try to get Tesla to push towards 275 to 277 and a bad reaction if Apple ends up syncing would cause Tesla to drop all the way down to 265 starting at 1 pm eastern time so it all depends on the events uh we're gonna wait and see how it goes and for now things are not looking that bad so don't forget about this event uh now let's talk about a couple of other tickers very quickly for spy there's a good chance this thing May gap down tomorrow again uh it may retest this 447.8 area and then try to bounce we have that unfilled Gap at 449 so we could get one last pop approaching Apple's events uh if Tesla does Gap down right we could see Tesla just range trade for a bit I don't expect it to break out insanely hard unless there's some more good news but it may just range straight for a little bit and then we may see Tesla just you know reacts to Apple I think spy is going to do the same thing spy me kind of a gap down in push up it could push a little bit higher to fill the Gap at 449 and then it all depends on Apple if Apple pumps us 451 is on the table if Apple dumps US we're going to see Spy tank to 446 there is a gap down there too at 4 45. I'm open-minded I'm not going to just pick one side we'll just have to wait and see on Apple that's going to affect us big time when it comes to something else such as Apple specifically Apple you know we have a nice accumulation structure right here that develops but it's just trading sideways it's not really doing anything we had some bad news today involving their suppliers which is why I dumped like this but it then came back uh I think tomorrow we might see a little pop and attempt to break 180 again if it manages to break in 181 is on the table for an attempt to fill the Gap but I don't expect it to break out initially I think we could steal a small pump and then sideways price action after that I think it's just going to be range bound instead it's a little pop and some like range bound price action and then after that the event is going to cause a big surge in volatility so if Apple explodes thanks to the events I mean we could see this thing go all the way up to 185 I mean I would not rule that out as crazy as that sounds if it's the opposite and we end up getting some bad reactions after Apple's events that's what happens historically most of the time Apple could dump all the way back down to these slow since it's like the 175 area 173.5 Apple could tank the market so you want to be open-minded Apple's event is going to be huge that's going to affect Tesla spy the QQQ in the entire stock market for the QQQ it reached our Target of 377. I'm gonna be watching to see if this thing could get very close to 378 that's where we have that key resistance uh may get a little pop and then trade sideways as the day goes on and then we get a big reaction after Apple's events a good reaction from Apple will push this thing to 380. a bad reaction is going to sink it down to like the 374 or lower area for NVIDIA it's looking relatively weak right now after getting some bad news involving competition and Intel involving their new gpus and their uh chips with that happening with the competition growing and this negatively affecting Nvidia because they're not necessarily keeping up with demand at least According to some reports which are suggesting that there was also news about how uh the overall demand is suggested it may continue to decline at least According to some of these analysts we don't know for sure but I'm just trying to make it clear that we had some negative news so with that news coming out Nvidia is looking kind of weak now it's been declining for the last couple of days the market structure is looking bearish I was hoping this thing would balance with the market and try to hold up but because the bad news came out we ended up syncing now Nvidia does have a bullish Divergence but I'm not counting on it to balance way too hard as that's going to depend on Apple so for tomorrow I think it what could happen is to make gap down to this 440 you know five Zone retest 455 we couldn't get a little pop then just sideways price action on 450. I think that's very probable for tomorrow unless we get bad news as long as there's no bad news we may just see some sideways price action then a big reaction after Apple's event a good reaction from Apple and the market is going to push this thing to 460 plus bad reaction is going to start sinking towards 442 or lower so just just gonna be watching Apple to see how that affects the markets uh then I'm just going to talk about these very briefly so we had a bearish Divergence on the Microsoft stock it could slow down a little bit tomorrow's hit 3 36 and then with that being the case uh with this potentially slowing down towards our 50 EMA a good reaction from Apple could push it towards 340 a bad reaction would sync it towards this support at 332. we're kind of in the middle we are looking a little bit more bearish on Microsoft those dollars to favor some downside maybe because of an external piece of news but just to be clear and just to be safe we want to just be watching it my good tells me it's going to head towards 334 or lower it looks a little bit more bearish on AMD you know it's looking like Nvidia kind of in the middle not too great it looks like it may retest 104 then try to balance retest 106 after that and trade sideways then react after Apple a good reaction pushed this thing towards 106 a bad reaction would push it towards 104 it all depends on what happens with apple now when it comes to what's going on with uh you know the NASDAQ we have this Gap up here we have a very nice Gap around the 14 000 area a very good reaction from Apple approaching CPI could launch this thing towards 14 000 a bad reaction thanks to Apple would push it all the way down to about 13 800 that's where we have this 200 dma I'm in the middle it all depends on Apple same thing with SPX you know we have that Gap I think we might make an attempt to fill this Gap tomorrow morning around 44.96 very close to 4 500. we could just tag 4500 and come back down trade sideways around there and then we're going to see a big reaction after Apple a good reaction from Apple will push this thing towards the second Gap into the 45 16 Zone a bad reaction from Apple will sync it all the way back down to the 200 EMA and get give the market a big rug pull the mix is in the middle it was down 0.29 very flat you know a good reaction could sync this thing towards the uh gap down here with the Head and Shoulder structure bad reaction we could see if there's a bad reaction from Apple in the market we see the vix bounce so it all depends on the vix the dollar same thing I mean a good reaction from Apple can sync the dollar lower if it's a bad reaction we can see the dollar bounce push towards 105 for coinbase uh we're gonna be watching 83 This is the resistance where it had that 83 area then supports around the 79.98 or the 200 dma it looks a little weak we may see a retest 79 could break below this and reach us 78th and bounce then we're going to see a big reaction after Apple's event if it's a bad reaction 75 is on the table a good reaction then 82 is on the table too for Google we may end up seeing Google kind of gap down a bit we have a potential Head and Shoulders developing here we may start to see it we test 137.24 the potentially one three six my goods tells me that we may end up retesting that area then bounce off that and trade sideways then you get a big reaction after Apple's event for Amazon we're going to be watching this thing potentially get a bearish crossover on the PPO it may retrace towards 141.73 if not 140. balance off that and then just trade sideways around 140. then we're going to be watching Apple's events a good event from Apple could pump it towards 143 plus bad reaction and you know it's going to get a rug pull and start coming down towards one three seven so expect a retracement towards 140 possibly depending on the news that that could be you know wrong depending on the news but I think that's the most probable outcome based off the current technicals a 140 recess sideways price action then a big reaction after Apple same thing on meta it could retrace a little bit I mean we're actually looking pretty good from the technical wedge that developed right here but I could see it retraces a little bit to read since the real five then bounce off that but this is starting to look a little bit more bullish so maybe a 305 retest and a little bounce off that and a retest of 310 is possible I think it's going to trade sideways at these higher levels between 305 to 310 uh it's going to likely just range trade for a bit then it's going to react after Apple's event so it all depends on Apple for the second half of the day I think the market has some potential to push up just a little bit then trade sideways and I've called that for most of the stocks out there Tesla May retrace a little bit maybe gap down a bits tomorrow then trades sideways as time goes on it could get a pop here and there but it may not be that crazy I think it's just going to be range Bound for some time then we're going to see a big reaction after Apple's big event and Apple's going to either sink the market or cause a bigger rally to the upside get ready do what you have to do guys and I'll see you guys in the next one thank you for listening test on the market to the Moon because the long term is still very bright and I do believe Morgan Stanley is right about 400 I think Tesla could achieve that in the future it's not going to happen immediately of course but you know there are going to be economic hardships we have to account for nonetheless if you look at the state of the economy and what's happening with Demand right now across the world so it's not going to be an easy way up there of course they're going to be hardships drops here and there I'm going to warn you about that but for the long term I do see Tesla continuing to pump as the fundamentals are aligning quite well all right once again thank you for listening have a good day test it to the moon and peace out