S&P 500 Sell-Off & Oil Surge: Key Levels for AMD, NVDA, and Semiconductors

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}

Here is a summary of the YouTube trading video transcript in clear bullet points: **Stock Tickers and Price Levels:** * S&P 500 (SPY): + Support levels: $697.20, $701.75 + Resistance levels: $708.42 (gap), $142.30 (pre-market high) * US Oil: + Long level: $143.98 + Short level: $172.96 * AMD: + Long levels: $305, $33.00 (gap), $286.88 (pierce) + Short level: $350.32 * Oracle: + Short level: $172.96 + Long level: $166.43 * Eli Lilly: + Day trade level: $858.13 * Nvidia: + Day trade level: $212.19 + Swing trade level: $206.88 + Support levels: $203, $20103 * AVGO: + Long levels: $406.37 (pivot top), $418.6 (conservative), $430.75 (technical) + Short level: $389.88 + Long level for day trade: $380.76 * Spotify: + Gap in charts: $414.84 + Additional adds: 40506 * TXN: + No specific price levels mentioned **Key Trading Strategy:** * The strategy involves identifying key support and resistance levels, using dollar cost averaging to manage risk, and making trades based on price action and technical analysis. **Indicators Used:** * None explicitly mentioned in the transcript, but it appears that the trader is relying on price action and technical analysis to make trading decisions. **Entry/Exit Rules and Suggested Trades:** * The trader suggests entering long positions when prices reach specific levels (e.g. $143.98 for US Oil), and exiting trades when prices break below certain levels (e.g. $203 for Nvidia). * The trader also suggests using dollar cost averaging to manage risk, particularly in the case of AMD. **Timeframes Mentioned:** * 15-minute closing basis * Day trade basis **Risk Management Tips:** * Dollar cost averaging is emphasized as a key risk management technique. * The trader suggests reducing position size and waiting for price action to confirm before making further trades.