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My Trading Game Plan | July 8, 2026

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Version 1 2026-07-10 20:28 UTC · martain7r/finance-llama-8b:q4_k_m
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Summarize the following YouTube trading video transcript. Extract:
- Stock tickers mentioned and any price levels (support, resistance, targets, stop-losses) associated with each
- Key trading strategy
- Indicators used
- Entry/exit rules and suggested trades
- Timeframes mentioned
- Risk management tips
Format the summary in clear bullet points.

Transcript:
{transcript}
Summarize the following YouTube trading video transcript. Extract: - Stock tickers mentioned and any price levels (support, resistance, targets, stop-losses) associated with each - Key trading strategy - Indicators used - Entry/exit rules and suggested trades - Timeframes mentioned - Risk management tips Format the summary in clear bullet points. Transcript: My name is Gareth Soloway and I was a losing trader until I mastered [music] technical analysis. Logic and charts be hype and narratives every time. Now I teach investors the same techniques that made me a [music] multi-millionaire. This is my trading game plan. Good morning everybody. Welcome to my trading game plan. My name is Gareth Soloway, chief market strategist here at verifiedinvesting.com. So, as we saw in the overnight, the futures did take a dump this coming after new strikes on Iran by the United States and the president of the US saying that the ceasefire is off the table. He says sure negotiations can continue, but he says they are a waste of time. So, back to conflict in the Middle East, at least some form of conflict. Oil shooting up. Remember I gave you guys a gap filled buy level just a few days ago that triggered on oil. I said oil will push up off of this level based on technical analysis and it gained 10% now in two days just like that. Incredible stuff guys. Again the charts almost predicting the news. Now again how does that happen? I honestly don't know. I just follow the charts and it makes me right more than I am wrong. All right so futures are down. We are off of our lows of the morning session. Let's flip over to the S&P futures here. You can see this is really where the futures took a major dump in the overnight coming sharply down. We have recovered somewhat but the S&P is still slated to open decently lower today. So again lower open. The question will be can the semiconductors catch a bounce to save the market. Right? We have oil trading to the upside although off of its highs already. Here's your oil daily chart. And by the way this was the gap fill. Remember I always talk about gap fills. They are significant when you look at technical analysis. This was the gap initially when the conflict began with Iran. Oil surging up to as high as $120 a barrel. We then kind of kept around that$1red to $110 level for a period of time. Then oil slid down. Once it filled the gap, it's like a trigger. It's like lighting a fuse. Boom. There's your bounce right there. One of the trades that I took with Smart Money Stocks and ETF members was Delta Airlines on a short. Take a look at this chart. It was a beautiful thing. Major support trend line right here. We then break below it. It then becomes resistance. Notice every time it hits the line, it gets rejected. I shorted right up here into that trend line overbought chart. And I did cover this trade this morning for an over 8% gain with members of Smart Money Stocks and ETFs in just basically three trading days. And the idea here was simple. Not only did I have the trend line here on Delta and an overbought scenario with E divergences and other factors, but also we knew that oil was going to bounce. So if you have oil filling a gap and Delta Airlines at extreme levels to the upside into resistance, if oil bounces, what do we think is going to happen to the airline stocks? They should pull back. And that's exactly what happened. Case in point right there. Very cool stuff. Again, when you start to put the pieces of the puzzle together with the charts, it really is remarkable how you start to see these things. All right, so that's where we are here. Again, oil getting a good bounce, markets are lower today. If we take a look here at the charts of the S&P 500, you guys know what I'm looking for here, right? We have this trend line, which is now the line in the sand. As long as the S&P stays above it, okay, we are still in breakout territory. But if we come back in and we get below this line, the breakout has failed on the daily chart of the S&P 500. And we would expect a big move down. First stop at 7,000