My Trading Game Plan | July 8, 2026
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Version 1
Show prompt
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