My Trading Game Plan | September 9, 2026

My name is Gareth Soloway and I was a
losing trader until I mastered [music]
technical analysis. Logic and charts
beat hype and narratives every time. Now
I teach investors the [music] 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.
Now, we're continuing to see oil move
higher. Iran striking one of the US
bases in Jordan or at least attempting
to, the US striking tankers, the the
Iranians striking tankers, and the
recipe is ultimately spitting out higher
oil prices. So that's the headline of
the day. We are seeing crude oil pushing
higher today trading at $95.77.
It has pushed through this short-term
resistance at 93 and a quarter now
aiming for 97 as the next big level. If
we look at the chart, there's a gap
right here in the chart on crude oil.
It's also right at this pivot high and
that again is right around the $97
level. So it wouldn't shock me today to
see oil printing 97. The question is
will it continue to get through or
continue to push through this level. Now
we know that overall oil up, what does
it mean for the S&P futures? Down,
right? So again, anytime you're seeing
oil creeping up especially right now,
the S&P futures are likely down. Right
now the S&P futures are trading down
about 1/3 of a percent on the morning
session, 30 minutes or just shy of 30
minutes into the open. Now you can see
again, once oil started to pop in the
overnight, we saw the futures coming
down. Now we're getting a little bit of
choppy action here to the to the upside.
Again, a little bit of a bounce off of
the lows. But again, all it's In my
opinion, it's all going to come down to
where oil goes. All right? So again,
keep oil on your radar. Now, oil also,
and you can see how oil is
interconnected here, right? Oil is the
crux of inflation. We know that because
again, so many products are made with
oil and petroleum. Then you think about
all the transportation
that has to be done to get goods from
China or wherever. Ultimately, trucks in
the US, etc. Trucking, it's all comes
down to oil and gas prices. And that's
why it's so inbred in the inflation
numbers that eventually have to be
passed on to consumers. But the long
story short, oil higher hurts the S&P,
but it also pushes yields to the upside
as we get closer and closer to the next
Fed decision, which by the way, is 1
week from today. We'll hear from the
Federal Reserve. Now, taking a look,
this is the key chart right here. The
10-year yield. Right now, 10-year yields
are trading just above 4.8%
at 4.04%
4.804%
and that is right into this resistance
again. Now, remember the adage that I've
said every day for the last few days,
resistance is to be at respected until
proven otherwise. So as of now, we've
pierced this today. Again, we've got as
high as basically 4.816%.
The level is 4.81.
As of now, we're backing off back below
it. You can see how yields are really
trying to push back down off this level,
but again, the pressure from oil prices
continues to push it to the upside or at
least try to push it to the upside. But
again, this is the level to watch. If we
break 4.81%,
the 10-year yield pushes up to 5% which
inevitably would then cause more selling
in the stock market and likely would
mean that oil has broken out above $97 a
barrel. Might even at that point likely
be above $100 a barrel. So, really
interesting stuff to see how
everything's interconnected. The stock
market is interconnected to oil which is
interconnected to yields which is
ultimately interconnected to whether or
not is forced to raise interest rates
next week at the meeting. All right. So,
that's where we are right now. Going
back to the S&P futures again, we are
off of our lows but still down in the
premarket as we head into the open.
Flipping to the daily chart, this is the
daily chart I've kept every single day.
Here's my pivot line, okay? All right,
this is a key level at 7570. As long as
we stay above it, I am favoring a
bullish move up in the markets. Now, you
might say, "Well, you know, how would
how would we move up?" I mean, what's
going to be the catalyst for a rally in
the market? And I would answer that
there's potentially a lot of catalysts,
right? So, the biggest one would be if
you have oil at 90 near $97 a barrel.
What if it just pulls back to $90 a
barrel? Drops seven bucks which back to
90 is no big deal, right? I mean, still
high, but that's a $7 drop, almost 10%
drop from current levels. There's a
catalyst. What if yields pull back to
4.7% from 4.8%? There's a catalyst. What
if the Fed does not hike rates next week
and stays pat? There's a catalyst. So,
there's lots of potential catalysts
here, but again, it all relies on oil
which then affects yields which then
affects the Federal Reserve and their
decision next week. So, right now, as
long as we hold this line, I'm going to
remain bullish on the S&P per
probability, which is data-based
assessment. If we break, we go into
neutral in this zone, and if this ever
breaks, which inevitably I do think it
will down the line, that's when things
get very, very rough for the overall
markets. All right. The dollar today
down again here, so you can see the
dollar is now coming into short-term
technical support at 98.50
on the DXY. Remember, the DXY is the
dollar against a basket of currencies,
so it shows the dollar continues to
weaken against those other currencies.
That is helping gold push up and bounce
today. You have gold pushing up just a
little bit, up about 1.25%,
and notice how gold is trying to hold
technical support here as well. Now, a
couple question marks on gold here, and
I usually don't cover gold till later,
but I think it's important, is do we
have a head and shoulders pattern here
on gold? Not that a head and shoulders
matters unless the neckline breaks,
which is this line, but if it did break,
where would our downside target be? All
right, so again, I'm stepping about four
steps ahead here cuz we haven't broken
the neckline, and even when you have a
head and shoulders pattern, it's
important to know that there's really no
importance to that head and shoulder
pattern, which is a bearish pattern,
unless it triggers, and it triggers when
it breaks the neckline, right? So, if we
look at this and we say, "Okay, well,
let's just assume this breaks, where
would our target be?" And it's good to
just know where it could be. We drop
that plumb line from the high straight
down to the neckline. We take that as a
measured move, and it actually brings us
all the way down to about 39.50,
which would be a double bottom on gold.
So, if this breaks, it tells us we're
likely going right back to our lows.
Now, if this doesn't break, then you can
remain bullish on gold for potential
solid upside. So, really, the essence of
what I'm saying here is this is a pivot
line, and it is an extremely important
pivot line for for gold because if it
breaks this to the downside, it goes all
the way back to the recent lows. If it
holds, you should be able to continue to
climb up and make a move. That would be
something where potentially you could be
long gold, but with a very tight stop.
That's the beauty of having a pivot line
is it makes the risk very accessible,
and ultimately you can cut that loss
very quickly if it flips, and you can
even go short technically, but at least
it limits the downside assuming you act
when the break occurs and react. All
right. So, that's where we stand on gold
here. Um we'll continue through
commodities, then we'll get to some
stock setups for today. Silver today,
same thing, getting a little bit of a
bounce. Notice the pattern setup is very
similar, shoulder, head, and shoulder
potentially forming, but again, all
depends on the neckline break right
here, and same thing, and the measured
move would take us down to about this
level around 55 to 56
oz on silver. So, right now silver is up
today on a weaker dollar just like gold,
but right now nothing new. Now, I do
want to discuss copper, guys. Copper is
very, very important here. This is part
of the crux of the AI buildout, so
something we want to follow. If we look
at copper, look at this. So, again, we
have this beautiful ascending parallel
channel, right? The lows align
perfectly, the highs align perfectly,
and ultimately copper remains basically
near recent highs. I do think copper can
still move up into this level, but
technical analysis has shown us that
every time we get up here, we get a
sell-off to the downside. So, you have
to go in assuming, and remember we
respect resistance just like we respect
support until proven otherwise, but if
we rally into this level, we should see
some reversal. Now, on the other side of
things as I clean up my chart to keep
things as clean as possible, one of the
things I'll look for is if I look and
say, "Okay, let's look for a short off
of this level on copper." Then, I want
to see a break of this. Now, remember
ascending wedge patterns, ascending
wedge patterns, generally will break to
the downside. So, inevitably, this would
be something where if you get in on a
short up here, maybe you bounce, but
eventually you'd look for a bigger
breakdown in price. Now, what would be
the catalyst for this? Why would copper
potentially fall? And the answer is very
simple.
If the AI CAPEX spending, which is one
of the driving forces of copper use
right now, if that slows down even
minutely, you would see copper drop.
If the economy, US or globally, slows
down, that's where you would see it
drop. We've already seen housing slow
down immensely. We know China's really
struggling with their housing market in
a deep depression right now. But
ultimately, if the US economy starts to
slow, if the data center build-out
slows, that's where copper has a
potential to see a big decline. Okay? Um
a couple other charts here. We looked at
oil, we looked at gold, we looked at
silver and copper. Natural gas is
troublesome today. It is retesting
technical major support here. If this
breaks, and again, I moved my line back
actually there, but if this breaks, this
would then go into a neutral zone here.
Not bearish yet. Bearish would be if it
breaks this lower trend line going back
to this level. But just like the S&P,
here's your line in the sand. Bullish
above, below neutral, and below the
orange line here, that would be bearish
on natural gas. All right, so keeping an
eye on that gas today. It is right on
the level. Can it hold this level? We'll
watch and see where it ends today. All
right. Let's talk about a few stocks.
What are the stocks in motion today?
Where am I looking to potentially trade?
Day trade, swing trade, what do we have
today? Let's go into the charts. So
first one, Google. Now Google's
intriguing. It's not so much a day trade
here, but look at this ascending trend
line. Now the reason this is important
is that if this ascending trend line
finally breaks, this opens a trapdoor of
significant downside over the next
multi-month period. Potentially back
down, I would say to about the 272
level. So keep a close eye right now in
the early trading pre-market, we are
trading below the trend line. But what
matters isn't where it opens. What
matters is where it closes. So watch on
gold here excuse me, on Google /
Alphabet. Does it close below this major
trend line today? It is a long trend
line going back to the lows from 2025
hitting seven times now on this trend
line. Remember, the more a trend line
weaken or the more trend line hits, the
more it weakens. Next up, SK Hynix. SK
Hynix as a day trade, I'm going to watch
our double top today. The stock is
slightly higher after a multi-day surge.
If it surges up to double top around
195,
I will look for a quick day trade on the
short side there.
Apple. Apple has the big unveiling
today. So this afternoon, we're going to
hear about new products from Apple.
Supposedly, they have some sort of
foldable phone that they're going to be
debuting. That's already in the stock
price. That's not if they debut with
that's going to be of no interest to
where the stock goes. It's already again
been talked about. Everyone's assuming
it's going to happen. If it doesn't
happen, that would be the bigger shock.
What we're watching for here is everyone
is watching to see do they somehow
upgrade their AI aspect. That's been
lacking in Apple. They've been left
behind. They need to get that involved,
whether it's their system or something
else. They got to step up their game.
If they can announce something, it opens
the door for a rally in the stock. If
not, you likely see more selling. Now,
on a trend line basis, this is the line
in the sand. At the end of today, do we
close below this line or do we close
above? Basically, the line is around
316. Right now, we're trading below in
the pre-market, but like I said, what
matters is where we end the day, not
where we begin the day. So, watch this
closely here, guys. Apple on a major
pivotal trend line with a big
announcement or big showcase of new
products later today. All right. Lastly,
we'll keep an eye on the AI stocks. AI
stocks had good moves yesterday.
Although, SanDisk didn't really have a
big move. It was more STX, Seagate
Technologies, um, you know, storage and
and um, memory stuff like that. But,
nonetheless, uh, watching today, we're
seeing SanDisk down a little bit. Micron
this morning, uh, yesterday opened up,
closed down a little bit, but then on
the other side of the coin, you had
Seagate up 6 and 1/2%. That's down a
little bit today. So, most of the AI
names are backing off a little bit. But,
remember, folks, believe it or not, the
S&P still remains in a bullish zone. So,
again, if you're technical data-based,
we look at the charts. Now, a lot of
people out there, if you're retail, if
you're part of the the crowd that spends
most of their time on social media,
you're going to get caught up in the oh
my gosh, the oil price is crushing us.
Oh my goodness, the markets could
collapse.
I I I actually agree with you on that,
but years down the line. So, that
100-year cycle.
In the shorter term, I'm ruled by the
levels. And as long as we have hold that
7570 level on the S&P, I'm going to
remain bullish on the S&P 500. All
right, that's all from me today, folks.
I'm going to get to my trading room.
Feel free to come join us in the Apex
live day trading room, where you
literally hear me on a microphone giving
out trade alerts throughout the day,
commentary. My other traders are all in
there as well, as we trade stocks left
and right. Come join us there. We even
have single-day passes, if you happen to
be off from work and just want to check
it out. Come there to Verified Investing
and join us, and I'll see you there. You
guys have a great rest of your day.
Takes take care.