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Good morning, ladies and gentlemen, everybody uh sorry about that long waiting period there um, but i was trying to run the scanners on another stream. While we streamed on this one so kind of my first attempt but we'll see if it works. So give me a second, let's see if this uh this ends up working or if it ends up screwing everything up. So let's give it a go.

So if i click all right, so that's going that's good, so yeah we're gon na see. If i go to uh, if i go to my youtube channel, i should see two live streams going now: maybe um just c1 yeah so still not working there, but that's okay, so there's clearly something that has to be changed over in order for that to work Simultaneously, give me one second guys: that's really annoying sweet awesome! Sorry, guys, yeah, i'm just trying to get this all trying some new things this morning that uh just aren't actually working. So it's the way. It seems, though yeah.

So if those aren't working, we can go over here. Yeah they're not going to be any scanners on the screen. Well i mean i guess i could put them up, but it's just so frustrating to get this all organized right. So something we could do is change.

The screen that that streams on and bring it up to there for the day - i guess we'll just do that yeah, so we're just going to be working up here. For today that way, we can at least have scanners on the screen. Um, it's going to be a little a little challenging because i know typically, this is not how my chart usually is, but that way it doesn't take us so long to get everything going this morning. All right, awesome! Sorry about that delay.

Uh! Finally, can uh start talking so good morning, guys yeah? I was trying to run basically two live streams onto the channel. I think the issue was something called stream key. You have to have two different ones which everything i looked at up until this point never mentioned anything about stream keys. So that's why we had the issue so there's something more.

That needs to be done there, but it is possible. So that's cool um, nate, diaz fight this weekend, nice good. So good morning, mr montero, mr samberg, i see spy testing 422 by the end of the day. Uh.

What's up y'all gavin go our gap, fail question: uh delta, promaster uh! This morning we have um well earlier i'll, bring up a post for you guys it doesn't um yeah, so posted this just a second ago, uh well 29 minutes ago long story short bought the nasdaq yesterday, with some obstacles, 362 50 calls the reason being doesn't matter. They'd be in their money if the market bounced so pretty much, i think the markets will gap up overnight. That's what happened! I don't think this is the full bottom yet in the market, so i do believe we're going to continue going lower. This is just a counter trend long, so i'm long the market from yesterday we're long well, whether as i had long, but it is off of remember how uh yesterday we had mentioned what post was it so yeah? If you ever go to the community page, i post quite a bit here, so you can keep up to speed with what's going on um.
So yesterday we had mentioned the qqq is falling um down to the negative one deviation level. Current price zone exists from 363.01 to 360.26 at the top here below are going to be the prices at which you will now consider adding long to the spy or the nasdaq. So if you wanted to get along the spy yesterday, you'd consider doing it yesterday at 4, 30 24., the nasdaq you're supposed to consider getting along anywhere in the 363 to 360 26 zone. So when we go back and we and i'm gon na go full screen on this one for just a second and if we look at the spy yesterday um these two green lines were those zones.

So this price here is 360 301. This down here is 360 360. 20.. I ended up getting long right about here yesterday, uh with a 360 250 call and expecting that the market would be well above 360, 250 by the end of the day yesterday or with the overnight gap up.

So the calls the player in the money there um. I don't actually think this bottom here is gon na, be the ultimate bottom. We'll see i wasn't thinking it was um. I kind of still felt the market might see weakness.

Now i will say if this is a truly truly successful bounce, then we would most likely see the nasdaq getting above this previous top area and going up to the price of 374.. So, if you're along the market from yesterday on this bottom and you're, trying to ride the momentum upwards today, um, theoretically, you wouldn't look for anything higher than three dot or three dollars: uh 374 dollars. I highly doubt that happens. I hope it happens.

I don't think it's going to happen. If it does happen, then that's going to be the resistance point when it gets there so again. If markets do go up to 374, that's going to be the max long target on the day and that's where you would end up reversing into a short position on the day. Theoretically, if the markets are truly truly truly meant to be bearish, then you would assume we would probably hold this head and shoulders pattern and roll down lower in the future.

So i'm not sold the market has actually bottomed yet so um you were in the first bounce phase right just trading on it, but uh. So we've done the bounce. So the markets have bounced up we're in a head and shoulders pattern until the market surpasses like basically, 370, it's still in a head and shoulders pattern. Um yesterday was the first bounce, we're testing head and shoulders resistance.

Not standard, deviation resistance, just previous price action resistance. So if the markets are strong enough to hold the previous price action on the head and shoulders, that's where we would start to build the case that the markets do want to continue pulling this way. Now, with that being said, if the markets do the head and shoulders formation and they start to pull back, i want to give you the updated price at which you would expect that the pullback will then fall down too so um uh one second, so uh markets Hold head and shoulders: let's say i didn't even i was like that. Just doesn't seem right, yeah, let's go all right.
So let's say markets do end up holding the head and shoulders like this. Then, if they were to pull back, we would expect that they're going to pull back down to this trend line. Here you see that dotted white trend line, so we would expect that if they fail that top around like 370s, the pullback would be then down to this trend line this green one that i just put on the chart. The pullback will be down to that green line as identified.

Uh. Excuse me hold on sorry one second, as identified by the half deviation price. So theoretically, again pull back on market off head and shoulders. 370-Ish 369 qqq you'd expected the pullback will then swoop down towards 363.

36 um, probably not the best long play it, could provide a good intraday long little intraday bounce move around uh 360 32, but we'll see we'll see. Oh well, then again, there is also the deviation. No just a half, oh because the spy was on the full anyways yeah. So that's it.

I don't think we have to cover too much more on that um, so yep cool. I mean i hope the markets continue going up again. I really don't think they are. I think this is just uh.

Excuse me, a short overnight pump. That's just gon na end up falling apart either today by tomorrow, a couple days from now, but nonetheless i just i don't think this is the true legitimate bottom. I think there's a good chance that low that was put in yesterday could uh could still get taken out. Okay, awesome um, aside from that pop on over to the spy really quickly, so the spy is almost the same thing um.

If you look at the spy it's pretty similar, i think if the markets were to continue going up today on the spy, then they might end up. They would end up hitting resistance around 4. 42 34.. So if this does rip up today, i would expect the move goes to 440 to 34 on the s p.

500. Oh, i didn't even see that there, so maybe not. We might have already hit resistance theoretically, yeah, so there you go boom. I want to delete that look at so there's nothing there right.

So let's just watch this, so that was pretty cool. So when we look at the four-hour chart, when we look at the four-hour chart, the closest level i'd be able to identify as a long target. So, like again, yesterday, mark it down to 4 30 buy long. 4 30.

market hits 430 slightly below drops to about 420, actually, it's 428.92, so a dollar and eight cents. I was off by as far as how low it could go, so it gets long 430 and then it bounces up right. So on the bounce back up, i would be looking for what's the the first obtainable target on the upside for this reversal and this momentum. Well, if we look at the four hour time frame, the first identifiable level would be all the way priced at 442..
All right, but if you look at the daily time frame just before you'd come to find. Yesterday we had a half deviation price right at about um, four thirty, eight. Eighty six. This is a we're gon na we're gon na make this uh we're gon na make this one we're gon na make it.

Oh, it doesn't matter, it's just gon na stay right, but anyways watch what happens when we go to the one minute chart when we go to the one minute chart, look at the pre-market high is anybody? Does anybody find just how awesome that is? I mean? Is that not just spectacular look at that literally after you got long yesterday, your first long-term long target to sell or expect the markets could get to would have been this red line. Look at what it does. Pre-Market tops pulls back you literally by following this. You would have been long here targeting to that top.

It's just spectacular, so anyways um. If you look at the nasdaq right, so this is going to help you understand just doesn't matter. So if you look at the nasdaq, though, on the daily chart, you would come to find condo. There isn't really any standard.

Deviation there there isn't so there's. Why is the nasdaq and they look at this time and there's really no standard deviation? I mean it's. No not, but if you look at them the spy, the spy has a standard deviation there. So the spy has hit a standard, deviation and topped out, and then the nasdaq is just following the spy.

So the spine and the nasdaq were going up. The spy was the first index to hit major resistance at a half deviation, and so it starts to fall down and since the nasdaq doesn't have any resistance anywhere near soon, but it's just following with the spy. So nasdaq is falling this morning in conjunction with the pullback on the spy awesome, so that pretty much has us clear and covered on the markets um. I know somebody sent me a super chat, so i appreciate that and did it come with a question? Thank you.

Matthew, i appreciate that um all we ask that you guys hit the thumbs up button. You know if every one of you guys that tunes into the stream every single day hits the thumbs up button when you pop in it should dramatically help our stream gain more viewership and just become more popular, and it helps me generate more income. And then i can live a happier life and all you got to do is just give a little tickle appreciate it um so yeah i think uh. I think we're pretty pretty solid.

There yeah make mag tickle tack, uh, gonzalo suarez um. Sometimes i take trades uh. Sometimes i don't um, but if you're looking for like very live trading, this is probably not the stream for you um at that point. You're, probably gon na have to pay for a service um, there's a bunch of other chat rooms, ross cameron from warrior trading, ricky gutierrez, true trading group, tim sykes.
I mean there's about 6 million trillion of them out there that are willing to uh. Take some money to do live trading with you um, so it's something i used to do. I don't do it anymore now. I just pop onto youtube: do live analysis, some trades here and there, and you know people hang out with me uh and that's really all we do here so um.

I just suggest hanging out for, like maybe a day or two and just seeing you know what it's like um and if you come to find value in it, awesome, if you don't again, there's other six trillion people that'll gladly uh take some dollar bills. Out of your wallet to show you the way in the markets um, so there is no scarcity on that. There's only scarcity on this. What we're doing here free analysis generally speaking so anyways.

I hope you stick around for a day or two see we're all about, and then i'm defined it's not worth it. Then tim sykes all day every day, um so yeah alex exactly max very good at guessing, very good at guessing uh. What do you think the crypto market would do uh? We can talk about the crypto market. That is something that we haven't touched on today.

Well, that's just dandy. The only pen i keep in this office is magically disappeared, love it alrighty, um, um delta, promaster uh. How much does the china ever grand crisis have to do with the market correction i'll touch on that really quickly everyone's talking about it, and that's because the news has to have something to talk about um. This is something that we we've touched on many times markets when they come to good selling points.

They're gon na sell down regardless and whatever negative news people can stir up in the moment in time is what they're gon na use to justify. Why what's happening is happening versus just just simply um, coming to terms that the market is made by design and it's supposed to go up and it's supposed to go down when it goes up and when it goes down. And then, since people don't want to believe that, it really is just that simple, they think they need to use something like an ever grand crisis situation to justify exactly why things are going down. Could it simply be because, since the pandemic we've just been ripping and roaring and there's nothing wrong with the ten percent correction after the market's gone up like a hundred percent? Could i mean, that's all you have to say right, you don't have to go evergreen crisis or this that no market's been on a tear.

Markets are going up, markets do natural cycles, and it's just pulling back to our next identifiable demand zone along the lines there. Just so happens to be this evergrand crisis everyone's freaking out about so i don't think. No it and - and there's been more articles coming out recently said it's really not that big of a it's not gon na have that big of an effect. So again, i think it's too soon to say whether or not it will, or it won't my belief that it it's really not especially when we were willing to print trillions of dollars anyways, i don't think their their money is really gon na.
It's gon na hurt us now, but yes right now, the market and the news in chat rooms and cnn and cnbc and fox business and this and that and youtube here and meet kevin and jeremy from the financial channel and ricky gets here, is here in this And they mean there's so much people that as soon as someone says, one thing it just spreads like wildfire so uh right now, evergrand is the current uh, the current lollipop of the mark that everyone's sucking on and uh yeah. That's just what's happening um, but i don't really think it's too big of a deal. I mean it's a big deal, but not like that. Um closing the queues at open.

Yes ar we'll be closing queues at open. I will check uh netflix here. Give me a second um. I want to cover bitcoin first and then we'll take a look at that netflix, but the but we'll be closing.

If you look at the community's posts or the posts on the youtube channel i'll be posting them more frequently um. It was mentioned that will be closing the queues at the open. I think it's only a counter trend long. I don't think it's the ultimate bottom, so i think the most effective way to manage that current long on the market is to be long from the support.

Yesterday into the first identifiable resistance, which the spy is hit, pre-market closing into the open and then see what that market wants to do from there um, so bitcoin sold off yesterday uh. This would be a good time to maybe go here. Oh man, sorry one second! Um bitcoin here we are all right. So this is what we talked about: bitcoin detention bitcoin, if break four hour regression mean look for a move to 38 000 to 40 000 for a low risk dip guy i oh hold on.

Yes, i believe bitcoin breaks the mean, so that was a post from a day ago here on youtube uh, that's what i was saying kind of keep track on that, because just a quick way, i can get like little tidbits of info out to people rather than Posting these gigantic videos. So if you look at bitcoin all right, um one second remove so this white line, that's the mean or yeah. So this white line right in the middle here, that's the mean uh. When bitcoin first dropped, it bounced off the mean we recommended getting long here, um and then we suggested it was going to come back down and test the mean it bounced and then it went up and then we came back down, and this is where i said.

I suggest we're going to break the mean we broke the mean my recommended long dip by is this level right here, this white line 30 or sorry, this red line 38 000 to 40 000.. Remember that post just a second ago, let's bring it back up bitcoin if break mean look for a move to about 38 to 40 000 38. 40 000 break mean bitcoin break mean low 40 000 to the penny. So that's where you were supposed to be getting long, the last bitcoin drop and um.
So pretty much. I missed it, but i myself should have been buying that dip yesterday, all the way down to 38 000, but i missed it so anyways uh. It's debatable whether or not we come back down into that zone. I'm not i'm not really sold that we're gon na bottom here for sure, but at least the price has fallen, it dipped into a low risk entry, whether or not the market still fade into those prices, creating more buying opportunity, i'm not sure of if they do Of course, we'll discuss it when it's happening, but for now bitcoin already tagged a good buy zone, and i think this is this is the way i'm looking at it at this point is: if we're going to get a move lower to this price target again it's.

I would pretty much be waiting to buy at 38 000.. I wouldn't probably be buying 40 000. I would probably be buying 38., so this swooped over and came down. It was sitting at 40.

I would probably assume it would break and go down to 38 before actually bouncing. Now, if we're gon na go down to 38, it's basically got to go back below the mean so right now. What you're, looking for in the moment in time for continued bearish movements to take bitcoin lower, would be some sort of fashionable move or formation that convinces you or the market that we are coming back below the mean of 42-ish thousand 42-600 and swinging downwards. So uh kind of neutral on bitcoin because i feel like it could still go lower.

It's not the ideal buying point so just kind of neutral myself um since i missed the 40k portion, um where's my chart. Oh there's i'm just like it's, so i'm just so out of out of the norm right now with the way. This is all kind of set up today, and this is normally up there like yeah. My charts are so odd.

Today, okay, um uh, you know what i'm gon na be a wreck. I got ta get a pen because, like there's so many remarks here that i'm just forgetting um so give me one. Second, all right, so we're going to pop onto netflix really quickly here, and i am writing a couple of requests down along the way so yeah now hold on really quickly, though before we do netflix. I'm sorry because this thing is moving on some momentum.

So i do want to check this, or maybe it is i'm spelling that wrong. I must be. Why am i looking there? I don't need that's just like just pointless. I can minimize that if i'm ever whispering, i'm just talking to myself remember, i have extremely bad adhd so and i don't take medication because i just prefer not to not that it probably wouldn't help me.

So this is uh. I mean this is just a gigantic short squeeze right now we don't need any. Oh, no wonder why it's normally this big. We don't need that's why i'm like this.

Just fees off duh, so uh hblz with just a ginormous run up here, or was it hlbz, yeah hlbz, i'm way late to this, i'm just kind of seeing if there's any shares of short on it. No shares are short, so i won't be doing anything but yeah. This is just a gigantic run. I mean basically a cup and handle sort of formation, so a bunch of short sellers getting taken out today, um, it's extremely overbought right now.
So if you want to buy it, you know be my guest, it's um, you know once you've gotten over this price. Theoretically, you're overbought on the day, let's check the long term long terms all the way down there. So, theoretically, that would be the price target. 16..

Yeah, like let me let me show you this ready, so we're gon na look at the yearly chart all right. So look at the yearly chart where the plus four is at we're. Sorry, plus three already watches. So this is like long-term resistance, meaning like markets really shouldn't be over this line.

They shouldn't be over that line and then we're gon na go to the four-hour and you're gon na see. We have this one here and this one here so basically put it. This way the markets aren't supposed to be over these red lines. A lot of people look too short when it gets up here.

So if they get caught off guard, you can really screw them over. So look at where the big breakout happens today, look at the top red line here and look at the so pretty much look at these two red lines. Okay, this is where the breakout happens, all right up and through those two lines and what are those two lines. Those two lines are the 180-day plus three and plus four.

At that point, the market broke above and out of long-term trending resistance, and anybody who has been short is just getting blown out right now on that, so all right, moving over to netflix uh, so uh netflix down netflix kind of hit support yesterday a little bit, But i mean more or less it's probably just um, it's probably just a bounce back up with the market is all um. So yeah i mean same outlook for me. I think netflix is not ready to bounce. I think the markets still have a little bit more downside before the markets are going to be willing to really put in a significant bounce.

So, for the time being, i think you're going to see netflix move bearish, maybe even try to fill the gap that you just saw it create so right now, netflix uh you'll see yesterday look at where netflix bottom netflix bottom - that isn't at its deviation level. So netflix had a bottom at 568.. Um 568 was a deviation. Then it gapped up here, and this is going to be a half a deviation and it's going to be the 50 candle retrace from the previous trading day session.

So you have probably a pullback starting on the day. I would imagine right in this zone with netflix i'd be more likely to see uh end up, seeing it pull down out of the gates. Um yeah, just like p and j leva, said exactly evergrand is a tiny comparison to the overall global economy. Bloggers are using this to get views, etcetera is your hedge hundred percent.
You know i haven't even had one video title in real life, realistic. It's probably one of my downfalls. I never like never try to hop on the boat of like what's trending, sometimes, even though i'm like oh yeah, that'd, probably be a good video and get views. Maybe i should try to do that more more anyways yeah.

I don't really yeah that whole evergrand situation situation don't think it's gon na be too crazy. Just reading through some comments here, all right, so we're going to take a look at amc um. I haven't seen it since yesterday uh, so it looks like amc. Oh well obvious, or no i do remember seeing amc, though i'm sorry, i'm tired, i don't sleep very well.

I usually just roll around all night, so um yeah amc went up then crashed uh, so yeah market. So this is a. This is another really really good. Example, this is a perfect example.

All right um. This is you know, ape strong me. Loveth apith me want nothing more than apith to be richest, lambos bidets, but you see what happens to a stock like amc on a day where the markets were actually bearish. I it concerns me that on a very negative bearish day or on a total market crash or a correction or a bare move, the diamond hands won't be strong enough and the reason i say, i'm not sure you know, but i mean the market dropped one day And amc got absolutely destroyed, so i don't know.

I want a beth winneth me want to apith winneth, but on one down day the stock gets absolutely yanked. I hope that's not the case right. So anyways uh we'll see how that all plays out. But that's what scares me right.

That's what scares me is you have the stock in the stock market. This has supposed to have the strongest support via diamond hands. Yet, on a day where the market goes down, diamond hands, don't have too much stability or it didn't really prove to have much support anyway. So that's what makes me a little fearful right is everyone's holding this thing and they're not selling, and it's going to the moon, but on a down day in the market it gets yanked out i mean no one's selling right, you know, so that's what scares me.

Uh, that was that that yesterday, when i saw emc getting rocked that hard off a bearish day in the market, that just told me that it does have a very strong correlation to the market, it would appear right so that you can't think that amc is obese. Of its own nature and does not follow the rules of the market, it still follows rules of the market. There is a different dynamic to it, but um yeah anyways. That's it love you guys, j styles.

I appreciate you buddy. Oh, i didn't really go over that. Much though yeah sorry on pricing everything, so amc is already on resistance this morning, so it kind of bounced back up to half deviation resistance. Would i be long amc today if the market goes long? So again, if my a now, if what i was thinking happens where the market actually kind of rolls or down out of the gates happens, then obviously the markets are going to be bad or amc is going to go down.
So i mean it's pretty much straightforward. I mean if the market goes down. Emc goes down at this point right, we're in a market dip, that's the way you're following most stocks, you're watching the market market goes up. Stocks go up, it's generally how things typically work right now, so i will say this: like i said: markets go up, amc go up.

Amc does have a slight resistance right here at 41.44, so again, market sold off counter trend bounced back to the first identifiable long-term resistance. So in order for amc to really kind of gain, strength, go higher, you're, basically looking forward to gain control 41.44 cents a day. Otherwise, it will probably continue lower uh with the market if the market goes down so nonetheless watch amc for control on the long side. Over 41.43.

There you go jason, don't discount the probability we come back up and fill the gap from yesterday's gap on the spy. In qqq um you're right, we shouldn't discount that that is a possibility. You know you're right, i emphasized more on the downside so far today than i have the potential for the upside. True true, so yes, there is a gap-filled play.

We did talk about the spy reaching 374 to its next, like kind of statistical level. If it did that, then it would, it would fill the gap for the day. So the first long target we mentioned on the s p 500 standard deviation wise, would cause a gap fill if it hit that target. So we kind of talked about it, but not really.

It was really in the form of standard deviation target, but the standard deviation target again engulfed the gap fill so we didn't touch on gap phil specifically, but just know everyone. Yes, as mr where'd, he go where you go. My man tell true tube has mentioned the gap. Bill is is of importance and it is to be uh.

Considered too have a coffee i actually haven't had a coffee. Today i was gon na go, make a pot, but then that would require you guys to sit through an advertisement. No i'm just kidding, but no, i might actually go make a pot here in a sec, i'm kind of kind of itching um, so hlbz just really crazy move. I think that should still be watched.

Obviously, for volatility purposes, the crypto regulation the united states is trying to push is crazy. Um. I haven't really read too much into that now. I do believe no i'm going to read into that.

That is something i want to read into i'll. Look into that more, but i don't i don't so i don't want to speak too much on it again. I don't know any of the things that are going into the regulation, i'm sure. As soon as i start to read it, i will instantly be like i'm.

What human in their right mind would want to do that and then you'd look like. Oh of course, it's a politician because only politicians can have an iq of such low levels. It just doesn't make sense. Typically, when i hear a politician talk um it's equivalent to this pen entering the right side of my ear, going straight through my brain and out the other side, and then me ending up dead on the floor, because it's just that excruciatingly painful.
To hear so, doesn't surprise me no surprise there. Folks, no surprise, i thought i was going to be surprised, but uh no surpriser, so i'll read into it and i i cannot cannot wait to see. What's in it honestly, amc is not a real stock. It is we're 17 for real.

I don't doubt that one either. I don't don't that one uh hlbz announced a partnership with amazon up 121 yeah. I mean the that's the amazon effect for you um. I think there's a couple things regarding h: uh, hlbz, the the reason for the move.

There's a couple things for one: the chart pattern, so the chart pan was kind of like a bullish chart pattern so to speak recognizable um. We had, we had shorting involved in it and then amazon. So there's a lot of people that already shorted it. Then amazon breaking certain levels, just kind of created like a perfect, perfect storm situation.

So nonetheless, i think i don't think you want to be long biased at going into the open. I think you want to be more bearish that market going into the open and waiting for some sort of base, or something like that, because you're still trading up, probably at like four and a half deviations on the day, which is pretty high. So this might need some time to relax and pull back a little bit. Could you check isee and help me understand why it's holding such a high price? I feel like that, went through a reverse recently.

Didn't it no kind of hmm yeah, so ise all the way up at plus three deviations um i mean it is slowly coming down, but it is holding really well about that price. I mean no, i mean but yeah. I could tell you why it's holding up so well, because someone's sitting there still willing to buy it. That's the reason.

That's it. The reason it's up is because people are buying it. Why are people buying it? I don't know, maybe some you know - maybe some some jewish kid just had you know as botsmiths or bar mitzvah money and want to put in the market. You know - maybe some kid just you know gotten his allowance and once put on the market, could be a trillion reasons why it doesn't really matter um.

But it's holding up that's what's important, so this is definitely a little more bullish than bearish because it is holding up above plus three deviations so well, not that it's going to continue running above highs like that, but the reason, but for it to stay up so Well and keep having green days in there makes me believe that the stock is stronger as opposed to weaker uh. No, i i didn't watch the election last night. I know that they did a mail-in ballot sort of style and it appears justin. Trudeau is um.
The president, once again or what is he over there? I don't know the guy, whatever whatever you want to call him doesn't really matter to me unfortunate uh unfortunate, i guess for many yeah cool trust, justin, trudeau, he's in office, uh, nothing's, gon na change. Your politics will get worse. Your liberties will get worse. Your freedoms will get worse.

Your livelihood will not get better um, not because of him just because that's just the way things work, that's the way we've evolved. That's the way we keep evolving um. That's the way it will continue. I won't be the one to stop it.

You won't be the one to stop it. We would be the ones to stop it, but who and how that would start, i'm not sure so. Yeah i mean that's cool awesome. Go justin.

Yay you're going to shoot me an email today, very nice can't wait to see it. Uh sdc downgraded to a hold by a mixed, stifle, let's check sdc um. So yes, do you guys, remember uh the recommendation. Yesterday, on sdc uh, we recommended a price target of 750 or sorry 650, which was uh right here.

The market fund is 612., so yeah, so pretty much pre-market down. We recommended you watch that see. Sdc bears two uh to six dollars or 650. ended up hitting a low of 612 ironically, but nonetheless, big bearish move down there from sdc um bbig i'll.

Take a look at really really quick. I guess uh bvig bbig yesterday was a stock. We recommended watching long bias to 760. Uh ended up hitting a high of 788, then pulling down today it's in a sideways market.

I would expect probably lower as it breaks down this deviation level at 748. Yeah, not really bullish, bbig, probably more bearish. Nonetheless, yeah prime minister, oh arturo, we already talked about evergrand, no effect um, just just just market news to uh create big news channels: money, um, youtubers, money, bloggers, money, um; it's just a money, making news article going around right now, but it's not that it's not Important but again it's just yeah it's it's a piece. People are attracted to a lot of blogs and people are getting money off of it right now.

Alrighty uh, we're gon na pop on over. Let's see wrong thing makes sense: okay, hmm uh! You notice! Uvxy is grinding up slowly and q is sitting even uh. Qqq is actually going down. So it's not sitting sideways qs rocketing, uh yeah quantum scape uh is jumping, it's probably getting ready to pull down as opposed to go up more.

So now, let's see yeah. I would expect that uh quantum scape is probably more along the lines of pulling back as opposed to going up. Now i could be wrong, could be going up. No yeah yeah quantum scape overbought high risk long right now, all right so requests a look at our friend neo, all right, all right, neo, starting to roll bearish on the day, yeah i mean uh looks like neo appears to be more bearish than bullish.
Yes, you're right, neo's down the negative one, but again markets also bounce, probably the same time, neo bounce, so it's more or less it pretty much put it this way. Everything is about watching the market, any stock you're looking at doesn't matter it's about watching the market. Eighty percent of eighty percent of what you're supposed to be doing just watching the market doesn't matter the stock just just watch the stock market. That's it, however.

The stock market moves right now is generally going to be how your stocks move any future discounts on your subscription, um yeah, pretty much any holidays is generally when we do uh sales and products and services we offer. So if we look at the nasdaq here, uh yeah, if we look at the nasdaq nasdaq, is currently rolling over, so so the objective ideally put it this way. The objective right now is that see when the market closed yesterday and the queues here, we then went up a couple dollars overnight. So ideally my long place started around here.

We wrote it up and now we're hoping that by the open, the price of the nasdaq is above that line, because then there would have been a gain overnight on the options trade. So if the nasdaq ends up rolling all the way down so again - and i i only kept a little so i bought some sold most held a little hoping there'd, be an overnight gap up in game. And so, and i feeling that this is what was gon na happen, we would gap up and buy the open. They would take back some of the gains from overnight and now it's a matter of whether or not the market just sheds its gains at the open or if it holds long enough to keep a gain from the overnight gap.

So i'm just hoping there's enough, i'm just hoping the price of the nasdaq stays up till the open so that there was still an overnight gap accumulated on the options play as opposed to no gain, because if it, if it sells all the way back down pretty Much to the high of after hours or where we closed, then it would have just been it. Then it then it probably would have made more sense just to close the whole entire trade. So that's what i was saying as i was debating, whether it made sense to close yesterday the entire thing or try to hold some overnight. I knew there'd be a move overnight, but whether or not the market would allow the options traders to benefit from it.

That's what i was unsure, so that's why i made sure to only keep a little bit of the options overnight so that that way, if anything stupid happened, it wouldn't matter so stocks tend to follow the market unless they have news uh. I don't believe that no i've seen stocks have news and still follow the market, so i can't put too much, but there are times when they don't and that's when you pay attention to it right, so so, like neo or just anything in general right. If a stock on the day, if the market is going down really harsh and a stock is not, then that means that stock is strong. So, yes, i deleted.
The standard deviation, video that i posted yesterday regarding weibull, because i really just kind of sped through it. Even though i covered things that are true, it's just i really sped through it, didn't really give it the time it needed. So i'm going to do a different video on that and really give it the time it needs. There's different ways: you can change the chart in the settings to get a little bit more accurate, but even with what i did on it, i still can't seem to get the right level.

So, to put it simply, it seems that so far from what i played with yesterday, it still wasn't the right level. So maybe i can play with it more today figure out how to get it more accurate, we'll see, but then it also appeared that, let me just put it this way. You put the lines on the chart. You get them to look the way you want.

Then you change the time frame and come back and it readjusts the way you don't want it. So, like every time you go back, you have to basically redo the settings every time which it will become a super inefficient route and way of using it. So so far it looks like it's a fail, but i'll give it another shot yeah. I wonder i wonder if they're going to allow option traders to make any monies overnight but yeah, like i said i think i think they're going to swoop the markets back down on the nasdaq.

So that's why i did not want to be holding this long play overnight for a long time. It was pretty much just an overnight play, so the only subscription we currently offer at this date and time with boiler trading is our elites program, which will have probably 200 to 300, plus archived options swing trading day trading, technical analysis, videos, it is also includes a Couple classes a week with brandon, basically teaching you technical analysis, reviewing trades and then a couple classes with dave, which is tv teaching you, whether it be basics or basic or complex options; strategies along with option swing, trades, live trading, room and chat room. So pretty much everything that any other stock trading company offers we offer in a nutshell, just generally at a cheaper price. Most it's most of the time our products are always going to be cheaper, more inexpensive or um.

Give you the same value for less. Generally speaking, that's the way i've always tried to keep it or make it for my company yeah. So it looks like yeah weeble standard deviation may just only be available on the weeble plot or sorry, not just on the desktop version. Um, not the uh website version.

All right so nasdaq continuing to thin out, ladies and gentlemen, unfortunately so um just an fyi, i mean i will not be long at all today on the nasdaq um again. The reason i won't be long is because the support was here right, so we took the long, so we already got long right um. So i will not be long. If i come to the conclusion the market's falling apart, then yes, i might be short trying to target back down to this level.
So if, at some point today, i think the markets are going to go down back to the half deviation of 363 33. Then i'll get short and try to write it down. If i missed that and then we came down here to look like a good bounce and i would buy the bounce um if we're ripping up and i think we're going back and filling gaps and i might try to trade long up that way. Um.

But for now support levels for me are down at 360 340 on the nasdaq at this current moment, uh. No, we're not gon na, probably well. At this moment no you're, probably not no. No.

I don't think we have the capabilities of doing anything on their platform. So probably we will not be creating any sort of channel for uh weeble uh. So what's on my watch list today is really just a nasdaq. That's it yeah.

That's it just the nasdaq and the spy. That's the only thing i'm watching um! You may be thinking. Well, what stocks you think about anything doesn't matter everything's on sale, currently everything's down everything's coming to dip, buys it really doesn't matter what you're looking at any stock you look at is coming to a dip buy when the market's correct and the markets go down the Markets sell off until they reach a support level. The support levels of the nasdaq, the support levels of the s p 500, tend to be the same support levels.

Um, not the same stocks in the stock market are what make up an index. So whatever happens to every single stock is then reflected on an index. So theoretically the markets don't bottom until stocks bottom. So whenever you hear me say the markets will go down or stocks will go down until the market.

Bottoms is theoretically incorrect. The market will go down until stocks bottom, so theoretically, you're looking for good locations, that stocks are going to have support in to justify when the markets are going to bottom, but it's just easier to look at the market as opposed to keeping track of 500 stocks. So you know that when the nasdaq or the s p, 500 is nearing support, you can already, in your head, say that the other 500 stocks are nearing their support, so when the nasdaq or the spy is near a support. Your other 500 stocks in the spire near support, so therefore you don't really have to look too hard to know that those stocks are probably coming near a dip by so my watch list is everything, including into the s p: 500 volume, roku amd, nvidia, facebook apple.

Anything of that nature that i feel like i want to trade the other day if, in the event, the market looks good, so i know that's a bunch of stock market guru, financial analysis jargon, so the simple thing to put it is everything's on sale, trade. What you like there will be a dip by i'll, let you know when that happens. So, basically, just blue chip stocks right now. Uh hlbz is a penny stock running with momentum today.
So, if you're kind of well not a penny stock, but if you're into momentum trading hlbz is a stock that started moving decently well, today, uh with some amazon news. Aside from that, i think there was this vrna stock that moved up a little bit. So a couple things um, i'm actually gon na hop out for a second i'm gon na go get a cup of coffee. If my lady made a pot of coffee which he probably didn't so it means i'm gon na have to so.

I might be gone for like the next five minutes, but i will be back we'll be back um, adia uh, it's you might have to do the new update or you might have to update your platform before you're gon na be able to uh. If we're going to be able to uh get it we're basically 535, that's where your resistance is at right now, yeah, so current resistance, nnvc 5, 35. 590. yeah.

I mean i have long term resistance at 590, so your current breakout level is 536. Looking for a move to 590. 535 536 break move 590. error.

Youtube is not receiving enough video to maintain smooth streaming, such as the viewers will experience buffering, really weird, because i'm streaming at 4 600 kbps 30 frames per second on a thousand megabyte internet. So there should be absolutely no reason why we're not streaming perfectly high quality youtube. So is it to look okay, for you guys hope it looks like it's fine on my end, so i hope it's okay on yours, good. Hopefully, hopefully it stays that way.

Hmm there. We go finally back to excellent connection, so maybe it was just something in the air good boy. I wouldn't really hate for that to happen this morning, so anyways nnvc a move through 535 uh, but it'd jump up to like uh 590 as possible. Maybe you can see the stock qs is still selling down again, there's really no! Oh.

What do you know? Youtube is not receiving enough data again figure yeah, it's pretty pretty crazy. Ever since going live on youtube, full-time um, we uh, we actually gained zero subscribers. It's fine, it's not like i'm, i mean i'll, be fine either way. It's no big deal, i wouldn't mind working as a janitor one day or anything like that too.

I don't have to work on youtube for my whole life, but yeah i mean pretty much since going full time onto youtube. Uh we stopped gaining subscriptions on our channel, so maybe i'm just ugly, maybe my persona's bad, but really weird i mean we stopped. I mean we used to grow pretty frequently but um yeah. Ironically, since full-time stream youtube, we went flat to actually negative.

We even dropped 220 in one day and 160 in one day really odd, but whatever all good. So hopefully the stream stays online well and we can keep powering through this use. Click bait, videos, even click bait. Videos, don't work for me.
So all good pltr uh swinging down pretty much. Just like everything market's down markets, baby yeah, it looks like i had to refresh my page too as well. Ah, did the spy end up bouncing up a little bit there? No, not really oh yeah hlbz up for sure yeah. Definitely in an area where i am.

I don't really care to buy it myself, uh jason yeah, the consistency of your channel growth to be weird. It's almost the same. Every month, you're exactly right, uh youtube! It's my belief that youtube will categorize you specifically, and they only give you a certain amount of what they want to give to you so same with me and ricky gutierrez, for example, no matter the video ricky gets here as post, he always gets around like 10 To 15 000 of his like stock view, videos, and it's been the same way for years right and same thing for me, whenever i post a video, we get like 3 000, maybe 2, 700, 3, 000, and generally, never more than that. So there's like it's almost like there's a base amount of numbers that youtube will like guarantee give to you um.

It's really odd. I've noticed that, with almost every single channel too, that you look at there's always like a base number that that channel will be given on viewership, so whether by luck coincidence, i have no idea, but it is weird you do see that from time to time, uh. So little mini bounce here on the spy just before kind of creeping up um as of right now, daniel. The system that i have is not really set up very well to have a volume in the background, with the way that i work so no and then, regarding your standard, deviation question the other day.

Why do you put so much faith in standard deviation if the standard deviation goes below zero? I think i commented back in the simplest way that i could respond to. That is. The standard deviation allowed me to correctly predict where the stock market was going to fall. Yesterday, eight hours ahead of time, so, though, the standard deviation does go below what goes negative on stock charge, which therefore convinces you it shouldn't be used.

If you yourself can find something else that will allow me to predict the stock market bottom eight hours ahead of time, please let me know - and i will gladly switch my strategy and system for sure, oh for sure, zach, absolutely you made 120 dollars yesterday, very nice. All right folks, we got about three minutes till the open um, i'm pretty much just gon na be getting ready to close my position on the q's, oh, and also i never looked at atr. Someone asked me: wait really actually wrote it down. I was supposed to look at so atr pops.

Yesterday i remember someone saying atr was popping yesterday still kind of.

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3 thoughts on “Did the stock market bottom?”
  1. Avataaar/Circle Created with python_avatars Makenzie Bethany says:

    The general market for some days has been going up and down and even the crypto market is not left out, but the good thing is that every market gives us a certain leverage to benefits from. For me, i'm taking full advantage to continue bitcoin day trading so as to grow a very strong portfolio ahead of the major bull market after this short correction. Pro trader Travis Neil deserves all praises from me due to his unfailing efforts, signals and guidance towards his traders. I'v gained 6.3btc trading with his signals and services… SUPERB****

  2. Avataaar/Circle Created with python_avatars Blue Lion Finance says:

    Not quite yet, but I do believe the stock market is certainly in a greater pull back than we have seen! I think there is a correction on the way, however, and it will commence once Delta quells and the Fed truly scales back on there easing. In either event, this is all FANTASTIC NEWS for an investor, a REAL investor, investing in quality companies and doing so for the longer-term >>>

  3. Avataaar/Circle Created with python_avatars Tammy L.K. says:

    The down subscriptions is because you’re honest. They want our money & they all work together. Maybe do pre-market Lives… they are more worried about scooping up Newbie trader money. Title your live “Pre-market Lets Run!” I bet your subs improve because you know we’re going down till nov. Just like they are halting the health accounts- healthy people suggesting to build up their immune systems… how dare they?! I’ve seen many have to remove a ton of old videos too! Scary. Must play the game. Just a thought! I love what you do & appreciate you!

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