My Trading Game Plan | July 21, 2026

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[music] My name is Gareth Soloway and I
was a losing trader until I mastered
technical analysis. Logic and charts
beat hype [music] 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.
And as always, we're about to deep dive
into the charts covering the stock
market, crypto, commodities, and more.
Now, couple things to go over. So,
number one, we're seeing the semis jump
again today. Now, what's interesting is
we saw the semiconductors rally or at
least attempt to rally last Friday, then
Monday. And while some did end higher,
they often sold off towards the end of
the day. In other words, they were weak
closes. But one thing I noticed this
morning is the institutional money
started to change the narrative. They
started to come out. Names like Morgan
Stanley talking about how the prices of
the semiconductors are low relative to
where they should be. In other words,
aka the institutional money has loaded
up here, which gives me more confidence
that we might see a rally in the semis
that actually is sustainable. Isn't that
interesting? By the way, so you see the
semis trying to bounce. They're showing
weakness. They're being sold into the
end of the day. And then all of a
sudden, you get this narrative flip by
the big money institutional players to
try to really give some teeth to this
rally. And again, the logic dictates
that it's likely they have loaded the
boat and so you'll get a sustainable
rally. Now, do I think we're going back
to new all-time highs on Micron? No. I
think the cycle top is in, but
nonetheless, a bounce back to a thousand
could easily be in the cards for a name
like that. All right, let's dive into
the charts. We have a lot more to
discuss, but first off, the S&P 500
intraday. This is the ES futures. So,
the S&P 500 futures, we can see that we
are trending overnight up just a little
bit. So, we are looking at a positive
open in the S&P. Now remember,
yesterday, pretty much throughout the
day, it was a slow and steady move to
the downside. But again, overnight,
we've seen the markets float back up on
that narrative flip. And again, oil
prices are kind of stalling a little
bit. We are slightly higher today, but
not taking out yesterday's high. Now,
flipping over to the S&P daily chart, we
continue to watch this chart. Now
remember, as long as we maintain above
the lower end of this parallel line or I
should say this ups sloping ascending
trend line of this wedge pattern, this
is generally considered in technical
analysis a bullish pattern of
consolidation. In other words, to
simplify it, you can see here there was
a trend line from the bull market high
here in 2021 to the high here in 2025.
we broke out above it and it's retested
twice and it's still holding. So, while
I may think eventually we break that,
that's just my thought, right? It
doesn't mean it's going to happen. And
based on this chart, if you saw a trend
line and we broke above it like this,
this would be bullish consolidation for
a potential move higher. So, let's call
it as it is per the charts. And right
now, it is still bullish. Now, if it
breaks this trend line, that becomes a
failed breakout and that's where you get
a much bigger correction in the stock
market. 10-year yields today, we are
holding slightly higher above 4.6%.
This is going to be interesting because
I believe next week we have the Federal
Reserve again coming out and the Federal
Reserve will be probably not hiking
rates or lowering rates. They'll be
staying pat. Everyone is going to be
laser focused on what the Fed is going
to do in terms of the next meeting.
There is the favorings to a possible
hike in interest rates later this year.
I'm not a believer in that, but again,
let's see how the economy fares and
let's also see how inflation fares in
the coming weeks and months. All right.
Um, going to a few big names making
moves today. We have GM reported
earnings this morning. Their earnings
came in better than expected. The
stock's really not doing much. It's
basically flat to slightly positive. You
can see there's been a lot of pre-market
chop here. Now, the kicker here is this
is that their revenue numbers came in
about a $1.5 billion better. Their
earnings were better as well. I think to
the tune of almost 20 cents better than
expectations. Now, the kicker here is
their costs have started to come down,
right? So we know that in general we've
seen from the CPI and PPI numbers, the
inflation numbers that the that it's
moderating and so we are seeing that
being translated into names like GM with
better earnings. Now why isn't the stock
up on this? Probably because oil has
been rising and there's a question of
well it's not that they're selling more
cars, right? It's not like they're
selling a massive amount of cars out
there. It's literally that their costs
are coming down. So, if the costs are
going to go back up because oil is going
back up, that takes away the bull case
of why they beat earnings. And so,
again, my guess is that's why the stock
is not making a bigger move to the
upside. 3M reported earnings. That stock
is moving higher in the pre-market. We
look at the daily chart here. We can see
that again, we're trading right near
this little pivot high at 170. not
tradable to me. But if we did get up
into this range today for a day trade, I
would be interested. In fact, I can put
a trend line in there. If we surged up,
and I'll be day trading this potentially
in the live day trading room today, um
up to about 17750, there might be a
quick pullback scalp opportunity. Now,
would I be swing trading this? No. The
answer is no. Right? I don't have enough
signals. You can see again we have this
high which is going to be a lot of
resistance. But considering it's not
like we have another factor involved, I
would have to sit on the sidelines on
potentially shorting 3M and ultimately
with a gap up, I'm not looking to jump
on board and chase after the move is
already partially in play today. Now,
one stock that I am interested in, very
very interested in in trading today is
Danaher. All right, Danaher. Again, if
we go to the chart, look at this
beautiful drop. When we get these big
drops or mega pops, and by the way, my
3M didn't have a mega pop. It was up,
but it wasn't a mega pop. But the idea
is is when you get these very outsized
moves for a stock that usually doesn't
see them. That's where you get emotion
to come into play. And when you get
emotion, things get oversold or
overbought. And that's where the
opportunity when using technical
analysis comes into focus. So again,
this is about a 15% drop on Danaher. You
don't see that in history very often,
which gets me very intrigued. The
question is when we go to the chart, is
there a level? And what we can see is
the chart is trading down here and very
clearly there's going to be a zone right
in this lower range anywhere between a
small gap fill at 164 pierce down to
about 161. And so for me as a technician
today in the trading room, I will be
isolating this zone as an opportunity
potentially to buy Danaher for a day
trade. Now, what about a swing trade?
Well, we are at this pivot low, but
ultimately I'm not going to be a buyer
there as a swing trade. The earnings
were not the greatest. Instead, what I
start to do is I start to look for other
pivot points. So maybe potentially if we
go down and we go a little bit lower, we
can see a low pivot to low pivot. that
could be of interest there. Maybe that
gives us an opportunity below 159 for a
little bit of a swing trade, but I'll
have to re-evaluate if we come down to
that level in real time to decide if I
want to swing trade it versus just day
trading it. All right, so those are some
of the names that are moving pre-market.
Remember, tomorrow after the bell,
Google/Alphabet,
um Tesla, IBM, there's a huge amount of
tech earnings tomorrow after the bell.
That will be massive. And Thursday, we
have Intel uh reporting which will be
very key to the semiconductor trade.
Okay, so let's continue on here. What
other stocks are in play? Apple. I gave
this to you guys as a short just a
couple days ago. It is playing out
beautifully. Remember, my thesis was
simple. number one major trend line
going back to 2024. It worked as support
here, then we broke and then every time
it's hit, we've had a great pullback off
of it and that's exactly what we're
seeing right now. So, that's been a
great little trade setup. If you did
take that around the 330 to 335 level,
the stock is trading down a little bit.
The other part of the thesis was that I
said to you it's moving inverse to the
semiconductors. So when the
semiconductors saw selling, in other
words, money was being sold or or the
semis were being sold and money taken
out, it was going into Apple. We saw
this inverse relationship between Apple
and the semiconductors. And so I said to
you that if we see the semis bounce,
which a lot of them were into some key
support like Marll technology, we will
see likely a pullback on Apple. And
that's exactly what we're seeing here.
here. And just to show you the MRVL
chart, this is one of my favorites. We
played this in the swing trade service
um smart money stocks and ETFs. But
look, big selloff. This was about a 40
plus% drop in the stock right into this
pivot. There's a gap fill here right
there. Bounced a little bit, bounced
more. And look at today. It's trading up
at 206 in the early trading. And so the
idea is if you start to see SanDisk
bounce here, SanDisk has been trying to
bounce. SanDisk never hit my level.
That's okay. It's bouncing as well.
We're seeing it near 1500. Micron, same
sort of deal. Micron did hit the high
end of my support structure here and you
are getting a continued bounce with the
stock now north of 900. All right. So,
the idea here is that in general, if
semis are bouncing, Apple should come
back in. Now, one of the other things
that I'm noticing today is that software
stocks are seeing a drop as well. And
so, we've seen lately that there's this
inverse relationship between semis and
software. software goes down, semis go
up, software bounces, it's because semis
are pulling back. And so we're seeing
that today. Um, in terms of a few names,
CRM, CRM, if we look at the pre-market,
you can see this is selling off, but
Service Now, I mean, anything that's
software related, we are seeing a
drawdown on in the early trading here.
And so again, it's not a big draw down,
but again, CRM, you can see it had
bounced. And notice how the bounce here
coincided with if we look at this look
go back to uh let's see let's go back to
MRVL look at this same pattern
inversely. So again MRVL as it was
selling was to the benefit of CRM which
was going up same exact like the bottom
on CRM was the top on MRVL and vice
versa. So that just gives us little bits
of insight into understanding the
dynamics of the market in today's
trading action. All right, couple other
stocks on my radar. I really like LIIT,
which is the lithium and battery tech
ETF for a technical bounce. This chart
looks fantastic here, guys. If we just
do a quick little uh arrow, see this
pivot low right here. My guess is we get
a short-term technical bounce on LIIT.
It is gapping up a little bit today, but
should see more upside. CCJ, which is
Kamiko, filled a gap the last couple
days. This could be due for a bounce.
There's a small chance that we could
head down to this area before it gets a
bounce, but at least we're in that zone.
Now, this would be the upper range of
support and the lower range of support.
Okay. Um, other names that I like, OKLO,
this has been one of my favorites. We
have this currently in smart money
stocks and ETFs and it's a gap fill and
Fibonacci 886. The Fibonacci is simply
taken from this low which was the
beginning of the bull run to this high
and there's your Fibonacci retrace and
the stock again tagged 40 the last
couple days now catching a little bit of
a bid. Um again, do I think any of these
names that I'm saying are are likely
bounce candidates? Do I think any of
them are going back to their all-time
highs in the near term? The answer is
no. But that doesn't mean we can't get
10 or 20% of a gain in a couple weeks on
a technical bounce. And that's really
what swing trading is all about. You
know, if you're a long-term investor,
more power to you. You put your money in
something and you walk away for 20
years, 30 years, and you hope it's
higher when you need it. Um, as a swing
trader, I found that I can make a lot
more money by taking advantage of these
technical setups, right? short-term
bounces of 20%. If I rinse and repeat
every couple weeks, that gives me an
opportunity to make a lot more. And
that's the idea behind swing trading,
right? Um, one other chart I wanted to
show you guys is Croup. Cityroup, I had
highlighted this a couple weeks ago as a
potential breakdown. It has broken down.
My guess is we'll get a bounce back to
this line and then this line becomes a
short onroup. So, there's a lot of
potentially really good technical setups
out there that we can keep an eye on.
All right, let's move on over to the
commodities. So, we're going to look at
oil, gold, silver, nat gas, etc. Um, so
far we're seeing a bounce today in gold.
So, resumption, which is kind of
interesting because gold in general has
been something that has somewhat gone
with the the on the risk on trade,
right? um it hasn't as much of late but
still it is up today even with the
dollar and yields moving up at least
initially. The key is going to be and
and again I think this is fascinating is
that you have a wedge pattern, right?
Clear wedge. Wedge is just a term for
for triangle, right? It's a triangle.
But notice how price has been kept
within the triangle. So one of the
things we know is that price, it can
stay inside of here, but at some point
you're going to run out of room and it's
going to close above or below this
wedge. And what's interesting here is
because we can extend these lines out,
we know that essentially by August 15th,
which is now basically three weeks away,
gold is either going to have to break
out or break down. And that's exciting.
If you're someone who's very into
trading gold and silver, you know,
there's a bigger move coming within
three weeks. Now, we don't know at this
point which way it's going to be, but if
it's a breakout, it's going to be very
clear on the wedge. If it's a breakdown,
it's going to be very clear on the
wedge. It's the beauty of technical
analysis. While it's not perfect, it
gives you the high probability scenario.
And that's why I follow it. So really
what I'm doing is on gold, I'm just
watching which way does it break. Does
it break out or does it break down? If
it breaks out, first upside target would
be about 4375
right here. If it breaks down 3,900
minor support, but really 3500
it could head to. So watch this closely,
but it is getting ready. The pressure
cooker is building here for a big
explosion. Silver. Silver catching a bid
today. Now silver's a little trickier.
It had its pseudo wedge here. It's going
to have to fight through this 64 to
about 67 level if needs to break above
this trend line to really get that
momentum surge. On the other side, major
support remains pivot high to pivot high
at $54
per ounce. Looking at oil today, and
again, oil, you know, over the weekends,
oil is what's really talked about more
than anything. But again, we'll have to
watch and see where that goes in the
near term. But really fascinating to see
oil pushing up. I am still very, very
interested in the short on oil at $87 a
barrel. By the way, just because I'm
interested and I might take it doesn't
mean it's not going to go up from there.
But that's where probability kind of
zeros in where risk versus reward and
the probability that is successful gets
to the level where I'm willing to
execute a trade. Hope that makes sense
to you guys. And this is a much more
non-emotional approach to investing,
right? Frankly, I couldn't care less
whether it's oil, gold, silver, or a
random stock. It's all about what the
chart is telling me because as soon as I
get attached to a chart or a stock, then
I'm going to make emotional decisions
versus just it's almost better to hide
the symbol like like imagine if I just
showed you a chart and you had no idea
was it a commodity, was it a crypto,
what and you were just making the
decision based off the setup. That's
pure and that is logic based based on
probability and that's empowering. Very,
very empowering. Speaking of which,
we're going to get to natural gas and
Bitcoin. But before we do that, I just
want to mention that again, our sponsor
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just wanted to pass that information
along. All right, back to the charts we
go. Let's look at natural gas here,
guys. If we look at Nat Gas, Nat Gas is
catching a little bit of a minor bid
today. It is I mean, it's holding on by
its nails here on the side of a cliff.
Nat Gas right now is still holding this
trend line. Notice the trend line goes
back here. But again, let's see what
happens. I I liked it a lot more a few
basically a week ago when it fell into
it. It thought maybe a bounce. I still
think there's a chance it can rally, but
probability is closer. We talk about a
world of probability. It's closer to
5050 now because it's consolidated um
making somewhat of a bare flag here. So
again, yes, it's holding support, but it
also has a bearish factor of a bare
flag. Bitcoin, guys, I've been bullish
on Bitcoin recently and take a look.
Bitcoin now at 66,500.
I talked about the inverse head and
shoulders pattern here. This was a
beautiful thing. Uh we also it's also a
cup and handle pattern which was right
here. Now it's breaking out. It is
awesome. If you're riding this with me
in smart money crypto, we're having a
great day today as all coins are
catching a bid. The upside calculated
target for the inverse head and
shoulders is 71 to 72,000. That happens
interestingly enough to be exactly where
this trend line is as well. Now listen,
it doesn't mean that Bitcoin is going to
stop here at 71 to 72, right? But what
it means is at least per the pattern
formation that I isolated and alerted
you guys to literally days maybe even a
week or two ago of the inverse head and
shoulders it completes at that point.
After that it's on its own and it means
maybe momentum can come in and carry it
higher but at least the pattern has been
completed. So in a world of logic in my
head okay the pattern 7172,000 that's
where it should go based on logic and
charts. If it goes beyond that, awesome.
That means momentum and greed starting
to come in. But as of now, that's the
level. All right, guys. As always,
verified investing, no BS. It's just all
charts. That's what we love here. And
again, I hope this makes a difference in
your life, thinking more logically.
Please comment, uh, tell us about your
thoughts. Does this work for you? Give
us all the good details. We love it,
folks. And the kind words are immensely
appreciated as well. Thank you so much
and have a great rest of your day. Take
care.