My Trading Game Plan | July 9, 2026

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:
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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: My name is Gareth Soloway and I was a losing trader until I mastered technical analysis. Logic and charts beat hype and narratives every time. Now I teach investors the same techniques that made me a 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, we got a little bit of economic news this morning. We got jobless claims coming in at 215,000. That continues to be historically very, very low with no sign, at least from that economic number, that there is any recession looming at this point. Generally, the warning sign is above 250,000 jobless claims per week. And again, we're well below that at 215,000. And then really if you get to 300,000 jobless claims per week, that is where you start to see kind of the recession at that point. All right. So again, just going over that economic data. Now, in terms of other news out there, uh the US did strike Iran in the overnight, but oil continues to not really jump further than it did yesterday. So we had a nice update on oil yesterday. Today it is pulling back just a little bit. There still seems to be this kind of limited strike mentality as the midterms come closer and closer and I think that's probably what Iran is banking on in terms of negotiating as well with the midterms getting nearer and nearer. Now futures today are trading up. If we take a look at the S&P futures, we can see again in the overnight we kind of floated neutral to higher. So we're looking at an up day on Wall Street today. And if we go to the S&P, we can see yesterday we had a down day overall, but it was only a minor down day, down about just under a third of 1%. Early in the day on the back of the fear of an escalation in the Middle East, we saw the futures trading down or the S&P trading down. But when all was said and done, the markets had basically closed the gap. NASDAQ even closed fractionally higher as the semiconductors began to bounce. Now the semis today folks they are driving the markets higher. So we're looking at Micron, SanDisk, Broadcom. Those names are really ripping to the upside. On the other side, we're seeing software stocks come down just a bit. And that's the classic money rotation that we've become very familiar with is that when semis go up, we see names like Microsoft and Google come in on the software side. And that again is happening today as well. Now, we'll go into the semiconductors because this is a classic retrace. We've broken major trend lines on names like STX and Micron. Now, the bounce comes in, which is very normal, but you're now going to retrace back to the scene of the crime, the major trend line that was broken to the downside. So, we're going to look at that in just a second. Before we do that, just a refresher on the S&P 500. We know that this is your major downside level right here at around that 7310 level. That to me is the line in the sand. As long as we stay above that, the market has the potential to make a new all-time high on the S&P 500. If we ever break that to the downside and confirm, that's where the warning sign really and the selling should accelerate. And again, this isn't just a technical trading line. This is a line that algorithms will be monitoring as well. Again, I'm not the only one to have trend lines, obviously. And so, you have algorithmic trend line programming in there, which if we break that line, you'll see the algorithm start to trigger in for a sell-off to the 7,000 level on the S&P, which would be another 300 points down. From that level, from where we currently are, that would be about 500