🚨 BREAKING: NEW ALL TIME HIGHS! SPY, QQQ, ES, NQ, NVDA, AAPL, TSLA, AAPL, META, BTC Predictions!

Added: 2026-05-07

[00:00:00]What's up guys? This is Rayjay back with another video and in this I want to break down what's happening with the overall markets and give you guys a warning for tomorrow. Just know that I am not a financial planner so take nothing I'm saying as financial advice.

[00:00:14]So we broke this upper resistance on spy which is where the all-time high is.

[00:00:18]We're looking for the 720s now as our next potential targets. As long as we don't lose 716 to return to this range, we're going to now favor new all-time highs and we're looking for the 720s pretty easily. Tomorrow whoever is going to be Friday, May 1st, 2026.

[00:00:34]We have some manufacturing numbers coming out at 10:00 a.m. Besides that, it's also worth noting that we also have Apple announcing earnings after market close. So be careful if you're holding anything overnight and if you're playing Apple's earnings be very careful because there's going to be a big um IV crush.

[00:00:49]So that's some very important for option premiums. But despite this, the market remains bullish. We're still looking for the 720s on spy. We're going to see if we could take out 720 next. If we do, 722 is going to be next for spy. But I do expect 720 to be a tough resistance.

[00:01:05]I think we could still push towards that. The QQQ is also looking more bullish. Nice breakout so far. Looking for a squeeze back up towards that 670 area. Um so we were correct initially about the market squeezing. We actually just got a pullback first and came back in this range. We were range bound for some time before we started to break out and now that we're above all-time highs as long as 666 holds, we're looking for 670 or above.

[00:01:29]We'll see how Apple's earnings affects us, but for now we remain more bullish.

[00:01:34]The Russell's bouncing as long as we don't end up losing 274, we're looking for a test of the all-time high. We're very close to that 280 area. If we break this, we could just keep squeezing for 282.5 or above. On ES, we're breaking out. 7250 is being tested. If we break that, we're looking for 7280 and then eventually 70 um 300 is next. NQs looking a bit more bullish as long as you don't end up losing 27,322.

[00:01:59]We're looking for a push back up to 27,750 and eventually 27,800 as our targets. On Bitcoin, if we break 76,750, we're looking for this imbalance full back up to 77,600.

[00:02:12]Tesla's looking a lot more bullish looking for a push towards 386. We have a very beautiful looking inverse head and shoulders and this is starting to pan out. And this has the potential to continue for the 390s. Looking at the current setup, we're looking quite bullish. Nvidia dumped quite a bit, but we're watching to see if 200 holds. If it does, I'm looking for 202 and 207 again. Apple is squeezing ahead of earnings. We're going to see if this continues or not. I'm looking for 275 then 277.5 as our targets and we'll see what happens after earnings.

[00:02:41]On Palantir, we're looking for essentially 140 and 142 as our resistances so we'll see how it ends up reacting.

[00:02:46]On AMD, we're looking more bullish favoring 355 as our potential targets.

[00:02:51]Coinbase is going to be favoring a push back up towards 191 or above. Amazon is it dipped and now it's trying to bounce.

[00:02:57]We're back in the green so lots of sideways price action, but this imbalance does suggest that 267 and 270 are very possible. Meta has held support at 600. As long as that holds, we're looking for a push for 627. Google's looking for a squeeze back up towards that 380 uh two area or above.

[00:03:14]Microsoft is going to be favoring 414 as our potential target. With that being said, the market is holding up nicely.

[00:03:20]Crude is coming down just a bit and the VIX continues to reject back down to the low 17s as we initially had stated.

[00:03:27]Initially, the market I was very bullish in the market. We actually got a dump at first and then we were talking about the range that spy was in, but we had to break past the all-time high to maintain our bullish stance or lose the support down here to be bearish. We were trading sideways then we got bought back up and now the market's squeezing again. I see spy pushing for the 720s and the QQQ going for 670 or above at least for now.

[00:03:48]It's very awesome and I think we continue to squeeze, but be prepared for Apple's earnings. We're going to see how this ends up affecting things so keep that in mind. Anyways, that's it for this one guys. Thank you all so much for listening. The market remains more bullish and we're going to be going to new all-time highs after all and we'll see you guys in the next one and peace out.