Pre-Market Prep | Wednesday Market Prep Show | April 15, 2026

Good morning pregame crew. How are you? I hope you're doing well. Thank you for being here. It is Wednesday, April 15th, tax day. Top of the morning to you, Fat N. A Meta, AMD, and MSTR. I'll try to get to all three, but definitely Meta. I'll start there. Okay, you're looking for a top fish. Good morning, my friend Shake and Bake. Hey WBH Key. K W B H K. Hi Davis. If Brandon, if you're out there, hello my long-lost friend. My college roommates and my good friend Amy, her husband has been listening to the show and it's just like we hardly ever talk, but when I do chat with her or text, whatever, it's like we were never apart. And she texted me her husband is like a full-on Chart Guys fan, which is so cool. Okay. Al, hi. Let's get started with Meta for Fat N. Meta, the daily 200 MA is around 681. A weekly lower high is more likely on Meta. Odds favor a weekly lower high. 4-hour is not overbought yet. If 4-hour RSI were overbought, I would like the Meta top fish more against 672. 19. We're not there yet. Potential 4-hour bull flag. Wait, let me back up. Weekly lower high more likely. 4-hour is overbought. I'm sorry. And that's why I jump on early so the brain in the mouth can match up. So 4-hour is overbought. Looking for a weekly lower high on Meta. So this is a decent top fish area and a potential 30-minute head and shoulders here. Bearish reversal pattern. You could look for a top fish against 668. That makes sense. Serve. I'll try to get back to yours, Fat N. Serve gapping up. Getting over the 899 resistance. We had a double top with that level yesterday. This still could be a weekly bear flag. We do a Fibonacci pull. 917, anything below that level keeps it a potential weekly bear flag. So Serve has a high short float. Let me look that up real quick on another screen. Serve. I'm looking up on Finviz. Yeah, it is 30% short float. Right there. 30% short float. So that's a pretty big short contingent. 4-hour not overbought. Looking for a weekly lower high. Daily 50 MA is around 939. Hourly overbought, but not 4-hour yet. As long as the hourly 12 EMA is below price, it is a long signal. PLTR. PLTR has been taking a hit getting lumped in with software. It's also a defense name and it got mentioned by Trump last Friday. I still I have the fib pull on this one. We're looking for a daily lower high. A daily lower high is more likely compared to 156. 28. The daily 12 EMA is around 140. 4-hour testing the 50 RSI. Hourly grazed overbought, not quite. This is a catch-22. I like this one better. Short looking for the daily lower high. The problem is the Trump mention. So we just have to keep that in the back of our mind. If you're shorting, just keep your stops tight. But I would say this is a better Serve top fish setup. SNDK pulling back this morning. ASML had earnings. SMH name. And it's pulling back. Uh there is nothing bearish about new all-time highs. Nothing bearish about

it. We're pulling back. Consolidation is healthy at this point. 902 is support. Don't forget this name moves like a mother. Your daily ATR is $67. That's the average move per day. This is not for the newer trader. This type name is ninjas only. So 950. 92 is the intraday resistance support 902. Let's see. Did we get a back burner yesterday? Yeah, we got the 15-minute back burner. So then we roll up. The next back burner would be on the hourly chart. Okay. — [gasps] — Good morning. Hey All Nick, Lisa, how are you? Hey Success. Links. Oop. O L N K S. This is the chart of death. This type of just ski slope to the downside just implies a lot of dilution and weak debt structure. Just a mess. Low volume. 538,000. So a million dollars traded yesterday. That is very low dollar volume, very low share volume, easily manipulated. Wouldn't touch this one with a 10-foot pole. If you're in this, you're gapping up 213's yesterday's high. Bulls want to hold that on a back test. I got started a little late. I had a little technical difficulty, so I'll try to go a little faster. Let me go back to my friend Fat N for AMD. AMD, we're looking for a weekly lower high potentially and daily is overbought. I would say this one is pretty primed. I wish it were gapping up. This one's pretty primed for a top fish, but it's a high-risk top fish because SMH has been the belle of the ball. So weekly lower high, daily overbought. I just wish we had a gap up and then a key resistance to short, but 255. 46 will suffice. 254. 20 is your other one. This one looks good for potential top fish. MSTR and then we'll get started with the show. Weekly 12 EMA overhead. Weekly lower high more likely. Daily upper wick of profit taking. Bearish reversal candle. Potential 4-hour bull flag. Hourly maintaining 12 EMA. I like the Bitcoin chart with the daily rounded bottom. MSTR needs to hold 136. 32, but MSTR bulls still have a uphill battle. This is major bag holders overhead. All [clears throat] right, let's get started with the show. Good morning. Who am I? Okay, my account has been logged. That was a old one. Who am I? This is who I am. Chart Guy Lori. If you want to give me a follow on X, that would be great. I'd appreciate it. Check us out at chartguys. com. Lots of free resources. If you are a newer trader, you don't have to spend money to learn technical analysis. Check out our free resources. I strongly encourage you to check those out and don't spend money on education when you're getting started when you're getting started. All right. So on Wednesdays and well, anyway, I do the pregame show where I go over the market movers. I've created this market environment dossier table as a way to communicate to you what I'm seeing overall, a way of collecting all my correlations and saying when I aggregate these correlation and variables, this is what I see and we're definitely more bullish than bearish. Bitcoin is below the hourly 12 EMA and energy is weak. Otherwise, we got glaring green out there. So back burners are on the table. Economic calendar is pretty light today. We have oil inventory. All right. Let's get started with my favorite thing, charts. Charts never let you down. Well, no, they don't. If they do let you down, it's because you had

expectations, and expectations are a recipe for disaster with charts. You just accept what is. Charts are his history. This is data that's already happening. You're using the left side of the chart to give you an edge for the right side of the chart that hasn't happened yet. I call this the blank space, the Taylor Swift blank space. We're using history to help define our edge and get us probability to help set up trades with an edge on the right side. So, on ES, we have a strong move. We're not daily overbought yet. 4-hour we're overbought potential 4-hour bull flag. So, the two most important things for today Let's see. to know VIX expiration. That happens at 9:30 a. m. right at market open. Volatility has been suppressed. Okay, that's not how you spell suppressed. That either. Is that right? Two peas. Yeah, whatever. Has been suppressed, and the closing of those contracts What? Would likely or could likely lead to volatility expansion. So, when those contracts get closed, it's been suppressing volatility. So, we could get some volatility this morning once those uh expirations close. And the second thing is ASML earnings. Key SMH component, and it was red the last time I checked. So, those are the two major things to keep in the back of your mind today. VIX expiration, ASML earnings. Okay? This could be a potential 4-hour bull flag. Bulls are still sitting pretty. Bulls are A-OK. They are fine. 4-hour 12 EMA is your guide, and keep on backburner watch. And we still have headline risk running rampant. All right. So, NQ, potential 4-hour bull flag. 4-hour 12 EMA is your guide. And by the way, we use 12 EMA, but if you use 8 EMA, great. It doesn't It's The number is It's not arbitrary, but it's almost It's not as important. You can use anywhere between an 8 and a 20. Just as long as you're using some type of benchmark to plot price against and say, "Okay, is it above or below? " The 12, the 8, the 5, it doesn't matter the number as much as what are you trying to benchmark price against. And the shorter the duration, if it's a 12 or a 5, a 12 will give you the price a little more leeway cuz you're measuring 12 periods, and exponential has more recency bias and heavy more heavily weights the more recent time periods. Okay, that was too long. RTY, Russell potential 4-hour bull flag. Dow potential 4-hour bull flag. We are so close to all-time highs. Markets look great. If they were to pull back today, which is a higher probability today than it was yesterday, it doesn't mean the market's broken. Everybody gets a day of rest or Everyone gets a break, even prisoners. Okay, SMH all-time high yesterday. There is nothing bearish about new all-time highs. But, note, SMH lost the hourly 12 EMA. And that had So, ASML is now down 3%. This is a key SMH component. I still love this company, and I think this If it could just crash even 200 points, that'd be great for a dip buy. So, ASML is pulling back. That's weighing on SMH, and it could weigh on NQ. So, keep your eye on SMH. It's been the leader. It's hard to short the market when SMH is leading. SMH is the fuel to the market's engine. Thank you, Davis. That was nice. Trying to read and talk at the same time. Not very smart, but Okay, VIX. VIX has this weekly support

of 1750 over here. And we're holding 17 We hit 1789 yesterday, and we're at 1793. I would consider this a triple bottom. This is the area for market bears to make a move. They have a They're holding VIX support. And we have VIX expiration this morning. Logical area for bears to make a move. Hang Seng was green overnight. DAX is currently green. Bitcoin is green. It is important, I think, to just look at the shape of your charts. Look at that rounded bottom. That's the slow burn of bulls buying the dip and doing that turn and burn and turning this around. Ethereum has the same look. This is a potential daily cup and handle. Potential 12-hour bull flags on Ethereum and Bitcoin. Bitcoin I don't like as much because of this upper wick of profit taking and this bear volume, but overall, I would say they're legitimate. And I'd wish I wish it were at the top of a larger uptrend, but I would say the pattern still holds up in court. All right, oil. — [clears throat] — Oil, we got a big dip overnight. I just happened to sit at the computer when the crash happened at 5:30 my time. That was fun dip buying. So, we're holding weekly support here. We have a weekly equilibrium on oil holding the weekly 12 EMA. Key level right there. On the daily, we lost support. We have a daily downtrend now. 8437 is our next support after 8696, and your daily 50 EMA is around $83. I would say we're at a key level. I know level for oil. We have a potential 4-hour bear flag. Oil inventory at 10:30 a. m. Eastern today, which will be important for the oil chart. 4-hour 12 EMA is the short-term bear guide. This is a potential 4-hour bear flag, but typically on bear flags, you don't want to see these lower wicks of bulls buying the dip. So, let's see if bulls can negate this bear flag and get a more substantial bounce going. Gold. Gold has been bouncing, enjoying some dollar weakness. Right now, I would call this a daily double top. 4895, 4888 daily 50 EMA overhead. We are looking for a weekly lower high on gold. 4-hour got overbought. We're holding the 4-hour 12 EMA. That's the bull guide for gold. But, we are looking for a weekly lower high. Okay. Yeah, I just went over gold, Nikolai. I'm happy you chose TCG, Davis. I can't predict E loves pizza. I cannot predict how any chart will break. If anyone gives you a prediction, tell them to pound sand cuz they don't know what they're talking about. That's not what our job is, to predict. Our job is to tell you the probabilities. Yeah, hit that like button, why don't you? Okay, market bouncing a little bit here. Apple. We have this daily equilibrium higher high, higher low, lower high. Look at that daily 50 EMA right there rejecting price at yellow line. Apple's getting tight. It's been weak compared to its peers, which we've seen Apple disconnected from the market for a while now, just kind of doing its own thing. But, notice this squeeze we got going on. — [clears throat] — That's like an Instant Pot of compression. We got pressure building in Apple. When you have a sideways range, odds favor the preceding trend. The preceding trend was up. So, odds favor up. So, let's see if the market could pull back this morning. That could be a good opening for Apple to actually bounce since it likes to do inverse the market. Amazon. Strong move yesterday. Got over monthly resistance. I would keep this one on back burner watch. I mean, that is one heck of a move.

You want to see how powerful squeezes can be? Look at that squeeze that fired long. That was that instant pot of compression back here. Nvidia Nvidia is red. Note that Nvidia is red with ASML weakness. 4-hour potential bull flag. Hourly 12 EMA is holding. I would keep NVDA on back burner watch. It's not the classic back burner. With such a good bull move, I think that it would just look I think looking for the first 5 15-minute oversold could yield a good result. I use Claude and I use Grok. And I'm using them side by side right now. Claude is more powerful in a bunch of other ways, but Grok is great as well. So, I just can't I can't quit Grok. But I am using I pay for both services. So, Tesla got a daily higher high. Holding the hourly 12 EMA. Tesla has enough room for a 4-hour higher low. I don't see anything compelling here. It's not running hard like the other names. I mean, maybe for a 4-hour higher low pullback, but it's not giving us those Amazon and Nvidia type bounces. All right, queen of the mountain trades. Not that one. I do love A lab. AAOI. AAOI beautiful move in the right space in opto photo photonics and AI. We're looking for a daily higher low. I would keep this one on hourly oversold watch for a back burner. The other back burner name NBIS. Beautiful chart, all-time high breakout. I would keep this one on back burner watch. The way to set a back burner alert, if you don't have the back burner indicator, go to alert. Tell me when RSI Eh. No, Lori, you did that wrong. Tell me when RSI crosses 30. And just tell me one time whenever it crosses 30. And you could do the same thing for AAOI. All right. So, AAOI NBIS on back burner watch. FSLY is short sell restricted. It hit down more than 10% yesterday and that means it carries over to today. So, FSLY is short sell restricted meaning shorts have to wait for a uptick to short it. We're 4-hour oversold looking for a weekly higher low. low, 4-hour oversold. It could be a 4-hour bear flag, but got a little RSI bullish divergence. I like this for a long attempt against 2068. Hims This is not my favorite company, but I trade the charts. Weekly 12 EMA is overhead. It could be a weekly bear flag. Daily got a higher high. This could be a potential 4-hour bull flag. I like this squeeze here. And I like the short float. So, we have a tightening range and I like I would like to play this long if we were to get a break of this tightening range due to short float percentage. LMND. Okay, we are right at resistance. This is a weird one because it looks like we're going to break and may not work. Daily 50 and 200 MA is right here. $63 double top of resistance. I like this one for a top fish. Hourly overbought looking for a daily lower high again $63, but we're at that $63 right now gapping up, which I love gap up. When we're looking for a short. So, if price were to dip back below 6284, you could look for a lower high top fish. And finally, Netflix Netflix. Okay, this is a tough one because I've loved this bounce on Netflix, but we cannot ignore a monthly lower high is more likely on Netflix. Daily overbought looking for a monthly lower high, which it got overbought back here. That did not mark the monthly top.

It just shows the strength. This daily 200 MA is right here. So, how would I play this? I would want a 2-minute trend change to the downside on Netflix and then use yesterday's high as the stop. All right. Did I say good morning to everybody? Let me go back. Taxi driver, Chris K, average guy. You're welcome, success. You're welcome, taxi. Hey, Ashley, Yeez loves pizza, Davis. Nikolai You're welcome, Al. All right, I'm going to wrap up and go get ready for the live stream for our members. I take the markets through the pre the first 30 minutes before the market opens. I take you through the market open and then I live trade any trade setups I see that I like. And we have a lot of fun. So, y'all have a great day. Hit the like button. Give me a follow on X @chartl Lori and use stop losses.