Each afternoon, real setups are broken
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technical reasoning behind every trade.
This is today's best trade setups with
verified investing.
>> Welcome to today's best trade setups. My
name is Benjamin P, head trader here at
verifiedinvesting.com.
The CPI data came in better than
expected, which is why we had a really
big sell-off in the 10-year yields as
well as the DXY. That's getting a little
bit of a lift in the markets. Now, not
all of the stock market is heading
higher. We have stocks like IBM, huge
drawdowns, as well as Oracle. So, let's
go ahead and get into some support and
resistance levels. The first one I'm
going to show you, or the first chart is
the 10-year yield. Here's an uping trend
line that we're monitoring. pivot low
here, secondary hit, third hit, ton of
price consolidation. What I was
anticipating is price action or the
10-year yield to head up to 4.688.
This was going to be the resistance
level. However, the CPI came in better
than expected, which is why we're
getting that draw down. Now, here's the
support level at 4.556.
If we stay above this level, as you can
see, it was resistance. We got above it.
This is your support level on the
10-year yield. If we start pushing up,
4.688
is the next level of resistance. And now
let's take a look at the DXY. We're
actually putting in a nice bull flag on
the DXY. So what I mean by a bull flag
is you got this nice big up move
sideways consolidation right above
support. So a couple different ways this
thing can play out. If we drop below
100.514,
then all of a sudden it opens the door
for further selloff. But because this is
support and creating this nice bull
flag, we could see another move to the
upside. And my next upside target is at
101.983.
Now the spy, we're getting a little bit
of a bid this morning. Look at that
selloff yesterday. Great support level.
Nice bid to the upside. So for me, my
max upside today would be $754.78.
That was where the S&P 500 or the SPY
should get a nice reversal off of. If it
does start closing above that on a
15minute closing basis, then all of a
sudden it opens a door for a nice move
up. And then for me, my next level of
resistance is going to be $75710.
Nice gap in the charts. SOXX, we still
have this head and shoulders pattern.
Now, on the SOXX, we haven't actually
broken this head and shoulders pattern.
So, here we have a left shoulder, right
shoulder, left shoulder. This was the
support level yesterday, $55,169.
Look at that bid that it got to the
upside off of some um pretty good news.
Got up to this previous gap in the or
this gap in the charts at $581, just
below that and getting a little bit of a
rejection because we've already gotten a
rejection off of that level. Uh my next
upside move uh for me to be shorting uh
the SOXX would be 590 bucks. 590 Pierce
previous gap in the charts red bar
candle high or the body of it. This
would be my rejection level for a move
up today. $589.94.
The QQQ is pushing higher. So for me,
I've got this previous gap in the
charts, $72,5.17.
Again, look at this gap in the charts
that it filled yesterday. $71144.
So if we get this nice move to the
upside, $72517. And then I've got a
secondary resistance level, down trend
line, pivot top here, price
consolidation right on this trend line,
came back below, came back up and
retested it. So if it does close above
this low or this previous gap in the
charts, could head up a little bit
higher at around 72560.
This is my resistance loan uh zone for
the trade on the QQQ today. Knowing I've
got this down subbing trend line as
additional resistance. If it does close
above 72517 on a 15-minute closing
basis, I would look to stop out and then
this is the one I'm eyeing over the next
few days to see what the cues actually
do. If we can break above these levels,
then this is the resistance level that
I'd be interested in swing trade
shorting the QQQ. Microsoft, not really
a whole lot going on. Inverse head and
shoulders pattern. Shoulder here, head
here, shoulder here. We broke above it,
but we never made a continuation move.
So, here's what I want to see. I want us
to get back above this downping trend
line. Basically, the neckline price
action to get back above this high pivot
point at 793. And then we can play this
on a retrace. But right now, this down
sloping trend line or the neckline is
still capping price action. So, we're
going to need a clear break of that down
sloping trend line before we can get
another push to the upside. ARM, what a
sell-off today. So, ARM is um trading
decently lower, getting a a decent
bounce already. It did get as low as
$278.76.
Here was your low pivot from yesterday
that I was eyeing because we've already
flushed that level. If we can recapture
that, this low pivot is going to then
become support. And so what I would be
looking for is price to consolidate
right underneath it, get back above it,
and that is the opportunity to start
going long on ARM. If we continue the
flush, here's this low um pivot or this
green bar candle open around $266.72
over the next few days. $256.73
is that level that I would be looking to
get into. ARM for a long play and this
could be a potential uh day trade
opportunity but also getting into a key
support level for a potential swing.
OCL I was mentioning that we could see a
close below this upswing trend line. We
have a pivot low here. Secondary hit,
third hit. What I really liked about
this upswing trend line was the fact
that it took from April 2025 all the way
to April 2026 to retrace. Now, we came
back in for the second time after this
huge move to the upside. So, I thought
we were going to have a lot of support,
but price consolidated right on top of
it a little bit too long. And so, my
thesis was incorrect. Now, all of a
sudden, we're getting this nice flush
out. And then my next level of support
is going to be 127, which is this gap in
the charts that hit actually in the
pre-market. So, here is starting to get
a little bit more interesting for a long
play as well for a swing trade, even
though it's already flushed this level.
I was ant anticipating a a little bit of
a close below that, but I did not
anticipate this huge fall. So, on OCL,
that's about a 6.55% move to the
downside. If we start closing below this
gap in the charts at 12724, all of a
sudden it opens the door for continued
selling pressure. It could drive it all
the way down to about $118.91.
Again, secondary and third area of
support at 12724 all the way down to
$11891. If it does close below that, we
have to identify where the next level of
support is. Look at all of this price
consolidation on OCL. 10633
is that next support level on the chart
of OCL. If these two support levels or
two additional support levels do fail,
IBM,
wow, it is trading significantly lower
in the pre-market or excuse me, during
the market hours. It got as low as
$21328.
Here's this low pivot on IBM. So IBM did
warn that their earnings were going to
be subpar, which is actually a weird
statement, subpar. You want to be subpar
when you're golfing, but not anywhere
else. $212.34
cents is that long level today. If we
can drop into that level, I would love
to pick this up for a day trade. Again,
$21234.
If we do start closing below that,
identifying next support levels. Look at
these two low pivots at $23.82.
And then ultimately, I love a $200
pierce at $198.75.
And that would be more for a swing
trade. And look at from the all-time
highs at $233 bucks.
That would be about a 40% draw down. So,
you got to think that there were a ton
of people who were into this trade, got
rejected, exited their trade, and then
once it finally pushed to the upside,
once it gets back into sub $200, they're
eyeing this for a potential long play.
DEL is pushing higher today. Look at
this. So, not only you have this wide
range green bar candle, but you have
another red bar candle that followed it.
So, if price action gets up to 46,580,
Dell is looking like a great short trade
today. And that would be for a day trade
scalp. If it does close above that on a
15-minute closing basis, or if a
15minute bar, let's switch to the
15-minute time frame. If this red bar
candle closes above $465.80,
that is where I'd exit the trade. Now,
MU is not really doing a whole lot. I
mean, it's up a little bit today, but
just minorly. Uh, some of the other
stocks are getting much bigger bids to
the upside, but from this low pivot,
it's only about a 9% move to the upside.
Here's that support level on the way
down at $891.88.
That is the level that I'd be looking to
um potentially get into this if we get a
continued fade on the short side today.
The only real level I have would be
sitting right here at $1,000,
2016.18.
And that's my shortable level on MU
today. LT, let's restore that
connection. I was really anticipating
another bay to the upside today. We got
above this low pivot or this previous
gap in the charts at $817.24.
I'm still eyeing this resistance level
right here. Look at all of this price
consolidation. Ton of it in this area.
So, $8506
is that first level of resistance. And
then just above it, you have $8586
for a potential ad to that position on
LIT. If it does start closing above that
on a 15minute closing basis, um I would
go ahead and look to stop out of the
trade. All right, so that's what I have
for you guys. Thank you so much for
tuning in. We do have a crypto show
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Take care.