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✅ Fastest Market Scanners https://bit.ly/3uo6cVg
DOWNLOAD https://bit.ly/2PxgXSy https://bit.ly/2DujgU1
✅ Fastest Market News https://bit.ly/2DuaPbj
Unusual Option Scanner - https://bit.ly/2Y82YYj
✅ Free Chatroom 50,000 Members https://discord.gg/h3sgSpP
✅ Boiler Room Trading FB GROUP https://bit.ly/2PxD2k5
DISCLAIMER:
All videos or content posted on this channel regarding stocks, investing, stock trading, money, money, wealth, retirement, or any investment vehicle is entirely for educational purposes only, please do not take any of the information literally, and always speak to a professional/licensed investment specialist for any investment decisions.
Morning Guys, welcome back to the channel! I Know it's been quite some time since we posted, so I Figured we'd make a quick little video get everyone up to speed on the market. We're also going to talk about Bitcoin this morning, so might as well just go ahead and jump right on in. So bringing over uh, trading View chart here. So our last sell signal in the market occurred here.
Okay, so that 10 below the 50 is theoretically a sell signal or a break below the 50 SMA is obviously a bearer signal which occurred uh, last week. So since then, um, pretty much what we see here is we have a volume weighted Bearish Anchor V-wap which is the green line. So if you look at this green V-wap that is essentially our Bearish View app right now. Um, and and ultimately it occurs once you break the 50..
So once you break the 50 and create a cross, then you have the Bearish Anchor V web. You can see where the Market's topped out yesterday afternoon, right into the View app. Again, going into today, we are still below that. So theoretically markets do not shift up to the Bulls side until we clear over 12.55 So it's not that it doesn't tell you.
Um, you know it's not like a bottom, right? You know we're looking for momentum Trend shift which will occur over the green has nothing to do with finding a bottom for now. So again, bullish momentum Trend change will occur over 4 12 50 in the immediate. That would be where you'd see more momentum. flip.
On the upside. Okay, so until that, you should pretty much be expecting downside, right? So it's downside until we're through that. That does not mean that if it starts to Trend upwards on the day that you should just be shorting and shorting and shorting and shorting because you're below it. That's that's not what that means.
it just is. It's just a way of saying your bearish until we're back above that or in other words, the 50 SMA So again, two ways to think about it: Until you get over the green, you don't see big Trend shift to the upside or until you're over the 50 SMA which is priced at 4 12.89 So those are the two price points that we would pay attention to to dictate if the markets are back to bullish. So it becomes a zone of 4 12 55 to 412.89 Okay, awesome. now.
Secondly, the Bear Market All right. So now we're going to zoom out on the Spy. We're going to go to a weekly chart real quick. Go to a weekly chart.
now. we're going to go back to the all-time high when the market started the Bear Market All right, we're going to Anchor a view app to pretty much the high. Okay and you will see that this green line that now appears that is the all-time high Bearish volume weighted Anchor B Web Which means we don't have a bull market a bullish trending Market Maybe. Um, until we're above that.
So anything below that green line is theoretically a bear Market Rally And it's only once we actually clear above that and hold above that do we start to open the discussion for a new bull market. So anything you hear on CNBC Twitter Facebook your mom, your dad, your grandma um JPMorgan Analyst there analyst here Again, anything that they say about Bull Market just disregard until you're above and holding above that all-time high Anchor B Web I could take you back to every Bear Market and it's going to be the same thing. Okay, so any sort of whether it's big or small, right? The concept here is, it's not that you're catching the bottom, but you know you don't start trending positively for an extended period of time until you clear the all-time high bear Market Anchor B Web So you know whether or not you did one there or maybe even did one something like that et cetera. Et cetera. Et cetera, it's going to naturally be about the same thing. Which is that until the market clears the bear Market View Apps Everything is a counter trend rally. Clear it. Hold above, push, Hold back, Hold above Extended Bull Market go into 2000.
Um, excuse me Go into 2008. That was the.com bubble. Now we're going to go to 2008. We'll repeat the process.
All-time High Anchor V Web Everything is counter Trend Rally until it gets above and holds above and then you have an extended full Market You could even go back to this one which is like a little blip in 2015-ish area 2016 arguably needs to be sorry, needs to be like on the high and it's going to be a little different. but again, this wasn't a full bear. Market But Counter Twin rally up. Yeah, it doesn't hold back up, hold above, and essentially go all right you can go into I Think this was like the 2018 Trump Dump.
All right. You can do this one here where it looked like you're gonna have one counter-turn rally up, push and then it fails again. All right. same thing over to here: Counter Trend Rally down Push Up Hold above and then you're kind of back on to Able market.
and then we get hit with a pandemic pandemic. Actually, here's this one. This is just a straight up sell-off to basically dump inflationary QE Pom pom pom pom pomp factable Market Okay, here we are again holding above. It doesn't matter I'm not going to talk about that and so here we are again.
New Bear Market Counter Trend Rally until it's holding above That can last for as long as it wants. It could be as short as it wants. You Do Not make that decision I Don't make that decision. You don't make that decision.
The people that control the world do. And yes, it is controlled. There is a matrix kind of. But yes, so the days we just call them the days the days that are in control the market.
They can press a button and do what they want. All right You, You don't have the control. Okay, all you can do is just sit back and watch yourself become poor as they do it by Design And and mind you, it is by Design Everything you're seeing is by Design Okay, so with that being said, counter Trend Rally Till back above. Now what we'll do is really closely is we're going to talk about Bitcoin just because you know Bitcoin's going crazy. So look at what I have on the chart. What is that? Oh wow. just like we had on the Spy All-time High bear Market Rally View app same thing for Bitcoin All-time High bear Market V-webs which we know that Bitcoin does not fully reverse and go into a bull market rally Trend until it clears the all-time high bearish anchor V-wat So the past couple weeks you've been seeing Bitcoin everyone's talking about oh it's amazing and then mind you, you know if you follow my Twitter you don't have to follow my Twitter but you know I again I'm just an analyst and I look at a lot of things. so generally I can come up with a pretty good reason for why things are doing what they're doing before they're going to do what they're do.
That doesn't necessarily mean you're going to make trillions of dollars, but you know, ultimately being one step ahead sometimes can help. So uh, you know, looking at Bitcoin that's the bear Market Rally right there and this isn't even the right Bitcoin I Want to look at it should be BTC this one. I'm just going to take off all this old stuff because you don't even need it I'll just keep that one on. But so anyways, yeah, I mean there's your bear Market all all-time high bear Market Rally uh or bear Market uh view app.
So again, until you're above that, you won't see an extended Long play continue on Bitcoin. So essentially Bitcoin is bottom. it's done. It's rally it was supposed to do.
back to all-time high bearish view app. Um, and now everything is still down until we get over that. and then we can see more extended moves. Grant and I think we're eventually going to get through that.
But for now we it. That's it, right? There's there's nothing more until you get through that. And so I could take you back real quick. And we can look at all the other examples of Bitcoin in the market and look at Bear markets and basically the boom bust cycles and it's all going to be the same thing.
Generally speaking, it's very, very similar. Um, obviously it's not picture perfect, but you know they all have their different uh differences. But generally speaking all all about the same. Okay, so if you were to go back to even here, all right.
so we can just look at this first pump when it was like 100 bucks. And of course, this is the very early stages so it looks slightly different from when we get down to the later stage boom bust Cycles But again, so here would be like, um, all-time high Uh, bear Market View app essentially down counter Trend Rally up, hold below, hold the low squeeze. All right. Pretty much that's the concept and it's There's a little more to it than that, but we'll just keep it pretty basic all right.
And then when you get a counter Trend pop or uh yeah, then when you get a bounce, it's gonna be like so for example, bus cycle down and then after its next boom cycle the crash falls down to the sky and then you get a bounce right and I'll repeat this process for you. Then you have your all-time high B again Counter Trend rally below below below below. Then what happens, you run into it. You get resistance once you get above it. Then you go on the boom and bust. Okay, and then where is. uh, one second, where's the pullback gonna be? It's going to be to that guy. All right.
So then the next market crash when the market tops out and pulls back, your next big bounce is going to be off This right. Never come up. And there it is. Okay, so there's your big Crash Bottom Bounce.
Okay, and then what we're going to do is we're going to repeat the same process. We're going to go all-time high anchor V Web down. We're going to delete this old one. Okay, then on your next big Boom cycle and crash, the Big Bounce will be off of this.
Okay, this view up here. so again you can see back to what all-time high bearish view app. Little hesitation pop through. This one gets a little funky.
Falls Over again kind of does like another crash. So like theoretically you probably could track this one in between if you wanted to and do the same thing. Um, and just just know that you're not going to see another big pop until you get through this. If this would ever just get to the top of that candle the way.
I Want candle, turn pop counter, turn pop counter? Get through and pop. Okay, cool. but ultimately your next big bounce is gonna be up This guy after your boom cycle. So you go through a boom and then where is your bounce again after viewer and now we're under the same process.
So like what we just did right. We just did that a multiple times. So we went through a crash boom bust cycle told you the next big crash balance is going to be off here. So after the boom cycle this becomes the bottom bounce.
There's your bottom bounce. We just had a boom. Now we're in a bust and the next boom can only start occurring once you get through this sustaining and really there's more to it than that. The boom really happens when you get through the upper distribution of the bus cycle which would be the purple line like this.
Okay, so you see how the market actually goes through the green tops of the purple again. so it's only a boom cycle once you take out the upper distribution. Okay, so when we look at where we're at now, okay, take this off. So when you look where we're at now, you really only get your um, extreme boom cycle when we get through the upper distribution.
Why isn't it popular? Um, don't know. There we go. Okay, so now you only have a boom cycle like this. You can only see that sort of trend and whether it looks like that or not doesn't really matter.
But you only get a boom cycle fully once you get through the upper distribution which for your now is 44 000.. So pretty much the way we expect this to work is. at whatever point the days the market decides to break out this view app, the markets will then go to about 45 000 and that will change as the weeks go on. But right now it's from basically break to Green Go to Purple. Hesitate purple. Once you get to the purple then you're going to be under the next boom phase. So you're ways off from the boom phase. Um, this is just a nice counter Trend Rally that we've seen and pretty much we got to get through this all-time high bearish view app to start flipping into a bullish.
Market Trend Okay and uh, that's all we have for you guys today. Take care.
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Welcome back from the abyss Connor
wouldnt the bearish anchor vwap be red instead of green?!
Glad to have you back
Good morning, excellent as always
Good stuff! Kick up the resolution quality next time? Plan-demic haha
That was the first time that I got an alert in FOREVER!
Thank you!! 💃 🙏
nice surprise 🙂