Are Markets Still On Track For Higher Prices? Transcript, AI Summary & Key Points

00:01 In today's video, we'll have a look at if markets are still on track, right, to be pushing to high prices as we are seeing a bit of a pullback, which has been consistent with almost every day of last week. During the Asia and the London session, we tend to see prices coming down. And then the New York session, they pick things back up and move it back into a strong close.

00:19 So, will we see the same thing once again? That's what we'll go through in today's video. You can see there are some outperformers. Q&T put in a massive pump over the course of the weekend. Pump, another one that's still up massively on the daily time frame, one of which we long on. Um, and then just a couple of others. The rest of them pulling back though pretty solidly um in the early hours of the morning in the the uh Asian market session, right?

00:43 So, if we look at the weeklies, weeklys for the most part are still holding up for crypto. Um, and then the question is, will we see continuation? Right? So, let's get into it. It's another big week, right? There's always something there and this week there's a whole lot coming up on the economic calendar. Most of it's coming up on Friday in terms of red and the high impact things coming out non non-farm employment change and the unemployment rate which is also very important for the Fed to look at to determine what to

01:09 do next with the interest rates. And we have a lot of different Fed officials talking 19 different times this week, right? So a whole lot of different speeches and things coming up which are probably going to be about inflation. So is the market still on track? Well, one thing that we can look at is the yeartoate uh price action for the S&P 500. This being of course the broader index that most people are looking to beat when you are trading and when we see the S&P 500 up anywhere between 10 and 20% year to date, which

01:41 is called the sweet spot for that S&P 500 means everything is still on track. And heading into Q4, you tend to see 18 out of the 21 times when, again, the key word is when you are putting in 10 to 20% gains um leading into Q4, which is more or less where we at now. We're on 13.1% year to date. Well, then 18 out of 21 times, the average returns do lead to higher prices, right?

02:06 On average, another 5.3% push towards the upside leading into uh Q4, right? So, that's one of the things to consider. And of course the majority of this is being picked up by the mag 7 plus uh three other stocks Broadcom, AMD and Micron Technologies over there uh which looks very similar to the bubble territory. So of course there's always that risk factor but as I speak about a whole lot as you approach the end of a cycle.

02:31 I think it's better to remain concentrated in your um at least your trade thesis. concentrated, meaning not holding too many different positions. And therefore, one of the good trades that I have on the table because this is part of what's driving up the market. So, it would be the last to go is MAGs, right? And we we expect the MAGS to still be strong.

02:49 This is the Magnificent 7 index over here as an ETF. And um I'm long of course on MAG X. So, MAG X is still looking strong. Nice push up over here into the breakout level. Test one, two, three, fourth test. I'm expecting a large breakout over here. So consequently remaining long and strong still on MAGs and you can use the MAGs ETF if you want that measured move.

03:11 MAGX is just 2x leverage on that and we expecting a large move but not happen overnight but over time up here into the 83 to potentially even the 86 territory. So all in all I think that's looking relatively good. What about the QQQ? So, if we're looking at the the NASDAQ, little bit of a pullback, but you've broken that down sloping trend line over there, and anything that throws back into this at about 728 is probably going to be an opportunity to load up, expecting that it's going to be consistent with what we've

03:39 seen historically. That 18, this is a high hit rate, right? 18 out of 21 times is more than 80% of the time you'd expect this to finish the year strong. So, I think these trades are still fine. I'm still holding on over here. QQQ3, we're massively up on these positions. We took them a long time ago and it's really just a matter of um holding or adding to the position if you get any little dip.

04:02 I think this is still a zone to to add into that position. So overall holding on to that. May as well have a look at these as well. Let's have a look at AMD and Micron just out of interest sake. So um AMD, let's go to AMD over here. See what's going on with that chart. Um and look at that. Super powerful little bit of a pullback over there, but breaking out into new highs.

04:19 The real question you have to ask is, you know, is this a bull flag, right? Is this a bull flag? At which point this thing could extend quite easily up into the 800 territory. So therefore signifying um continuation. The other one is micron. So MU we looked at many long trades on this as well. And we said as long as this holds above 885, it's bullish and continuation.

04:40 It's pulling back ever so slightly right now, but I think that everything is still fine. And then the other one is Broadcom, right? So let's have a look at Broadcom. Um which forms part of that uh that sector. So Broadcom, I don't know, is this the right Broadcom? I mean, Broadcom markets over here. Broadcom is how is this holding up part of the uh waiting of what we've typically seen.

05:01 This one looks weaker, right? So Broadcom Incorporated, if this is the right one, looks a bit weaker. Correct me if I'm wrong. Right. It might be the wrong one that I'm using. Um otherwise, ultimately, let's move on. Let's have a look at any of the other individual trades that we've taken a quick mention for the US 10ear yield. Now, there's speculation that Trump will be forced to basically end the war in Iran, right, for the sake of controlling this.

05:23 Now, usually when these things, I'm not a geopolitical expert, but geopolitical experts have said that usually when these things kick off the it's like momentum, right? Like a steam train. It's very difficult to stop. So, I think it's just speculation at the most that suddenly they're going to end the war in Iran. I don't think it's as simple as that.

05:42 But um if they do, I expect that this will drop the 10 year and the 30-year yield, which we called it. We said this is super bullish breaking out. And that's exactly what's happening over here. So something has got to give, right? If this does continue to accelerate at such a massive rate. Now just the key point, right? It's not always about this pushing towards the upside over time, but it's more about the rate at which it's moving towards the upside.

06:06 So, uh, you know, you could theoretically see the rest of the markets move up. If this moves up in a very slow, steady, orderly fashion and reaches this target, it's not the end of the world. But if this acceleration happens and you start to extend very, very, very quickly, this is where you start to see big things breaking within the markets and that of course could be a massive risk factor to burst.

06:24 Of course, the concentration major bubble risk that we've seen, right? Again, just highlighting this is what we previously saw in terms of the breakout uh of the the breakdowns of the the bubbles within the markets, right? And we're in that vicinity right now. Um in terms of the the breadth, right, that you're seeing within the market. So, anyways, moving on.

06:45 For any of you that do want to trade any of these things, quick reminder, you can go long right on MAGs, NASDAQ, all of that. Over here on Bybit, there is a sign up bonus for anyone that doesn't have a buy account. $50 signup bonus um immediately plus up to 30,000 depending on how much money you put in. And there's a video to explain how you claim your bonuses, right?

07:05 So, just click through that, go through the short video. It's like what 49 seconds and it'll show you what to do. All right. Another thing to keep an eye out on is going to be the DXY. Very strong close pushing up over here. Consolidations. This could easily lead to a breakout. You're going to have confirmation of a breakout if you start to take out these highs.

07:22 So anything that begins to close up in this territory over here at about 101.5 you know that thing could absolutely giga send us towards the upside and that's another risk factor combined with how fast the 10ear and the 30-year yield are moving up and that's something that you do want to focus on and therefore we look to our very own liquidity index being USDT dominance and USDT dominance has found support exactly in the mid-range area.

07:47 Is it going to bounce? That's a real question. And will that bounce lead to a higher low on Bitcoin? Right? If you see something like that, anything that comes up into this trend line fulfills some of that uh candle which was the big breakdown. Oftent times you'll see the market likes to be efficient so it comes back and retest this. I'm open to that as a possibility, right?

08:06 It's just a question of is Bitcoin or the USDT dominance first going to do this? Meaning it pumps Bitcoin into the 88 to92,000 region and then puts in a larger correction. Right? That's the tricky part at the end of the day. Um, it's probably still an accumulation zone from a dollar cost average perspective overall and there is still a lot of opportunities when it comes to the altcoin sector.

08:29 Quite a swear word in the space. Altcoins there, I just swore again. But at the end of the day, if you're looking for things that have relative strength, there is opportunities because the top 100 performance over 90 days has actually shown that a lot of these coins have completely outperformed Bitcoin. right now. Of course, this is in in this is like a drop of water in the ocean when you consider how many altcoins are out there.

08:52 So, you have to be very very very selective. The best way to do that in my opinion is to look to things that are relatively new, not old um coins, old technology because those have a lot of damaged uh people psychologically that are bag holders that at the first given opportunity to get their money back, they'll bail out of the positions and therefore it will drop prices down.

09:14 certain things that are newer that have revenue generating protocols like pump for example that's one of the ones that we've been long on and again I'll remind you is one of the ones that on the day are um it's still up right still up over there on the day so these are things that I like especially if it's showing signs of an uptrend so you got pump over there breaking out of this level pulling back right now but again if the New York session starts to close things green this will begin to look really good for probable

09:41 continuation over there so we'll keep an eye out on that. Right. So, there is still going to be opportunities over here within the market and any bounce over there looks to capitalize um on that and assess the uh possibility of putting in a higher low for Bitcoin. Right? So, also what we're seeing right now is the long to short ratio just like a lot of the other days where the day opens red Asian and London session we see quite a large skew towards the downside.

10:06 In this instance, very similar to last week it was negative4.6 and then still New York managed to close the market green. So I have an open eye out for that over the course of today. We are coming off of a weekend of course. So the liquidity has been low. Liquidations have been low and even the liquidity index over here being the 7-day daily exchange volume has started to turn back down.

10:25 Of course things move in es and flows. So this will turn down. It's just will you defend these lows? This is really the critical level to be watching right now is where these lows are formed around that 28 call it 25 to 28 billion in daily exchange volume. You want to see new money coming onto the exchanges, new deposits, and this level holding. That shows that there is an appetite for people to come back into the market and therefore to continue the trend towards the upside.

10:52 So, we got to keep an eye out on that, right? That's super important. And another thing that we've seen is a pretty healthy reset when it comes to the 12-hour chart over here for the uh the open interest. So, you can see over here we had this, you know, entire move up, large pump, open interest came up. Price is still holding theoretically above where this pump occurred, but the open interest has reset all the way back down to the low levels.

11:17 Right? This is what the open interest levels were at. So, pair this up and combine this with the negative skew over here. Um, there is a real possibility that you might squeeze higher one more time. Why? Well, of course, because you've reset the open interest and you're back at the same levels where Bitcoin was at those lows on that reset. Um, and now price is still holding up higher.

11:36 So, all you need to see now is that open interest rebuilding with, of course, the spot buying coming into the market with the 7-day daily exchange volume turning back up. Now, you're not going to get that answer today, but over the over the rest of this week, um, you should get a better indication as to what's happening next over there. So, if BTC is able to put in a higher low over here, you might see your uh, first meaningful higher low with that open interest starting to turn back up, meaning new longs are opening

12:05 up. spot are chasing price towards the upside and ultimately things are um still on track, right? As per the thumbnail, are things still on track for higher prices? Well, that would give you the answer that yes, it is still on track. Where this begins to fall apart and really change, of course, is if you start to close candles below here, this is the the catch 22, right?

12:24 Why is it a catch 22? Because if you start to close below the red line is $80,000, you lose $80,000. Theoretically, from a range trade perspective, this was support over here. This was resistance over here. This was resistance. And you obviously want to flip that into support. So why is it a catch 22? It's a catch 22 because if you're a range trader, well, breaking and closing below there would start to invalidate the long thesis, meaning you're breaking back into the range and you could be coming a whole lot lower.

12:52 But it's a catch 22 as well because uh this could potentially really be the start of a new trending move with of course your low, your high low, your high that not yet completely high, but another higher low and your first higher high taking out uh this left hand side over here from May. You've taken out the May highs. So from a trend perspective, well that suggests that you should be buying any dip that occurs.

13:15 So you're going to have to decide for yourself. Are you trading this as a range or you trading this as the start of a trend? if you do start to see price bounce. So, the best thing to do is of course to be um well positioned for both sides and to plan accordingly. So, you can start to create hedge short trades that can um cover against your longs if you are overexposed or you can start to add to long positions if you feel underexposed.

13:41 At the end of the day, there's no guarantees for price action, only probabilities. And if you do break and hold below $80,000, the probabilities would suggest that this is where you're going to catch your next major support, right? Still the same level as last week. The sweet spot we said was at about $72,000 because that is where your 50 EMA is. That is also where your anchored VWAP is looking from the lows.

14:03 That's the white line tracking up over here. And it's confluent with that zone. And of course, you have this trend line that's coming into play over here. I'll have um eyes open for that in the event that that you get a deep flush um this will be the most telling sign as to what type of market we're in and if you get a deep flush and this is very quickly absorbed towards the upside that would be a very very very strong indication that this is similar to what happened in 2023 when USDC digged and you got your first

14:31 major flush right and I'll actually go back to that um just to highlight and illustrate exactly what I'm talking about so this was the lows it would basically this I'm not you you'll never get a repeat by the way you can't take a ghost pattern over here like a lot of people do and just copy paste that it doesn't work as simple as that it's more just a simple psychological test to say hey your first big meaningful flush where you took out that low so this would be the equivalent if you went to 72 you'd be taking out the

14:59 most recent high low you'd be flashing deeper than that catching support what I just show you at the anchored VWAP we should actually have a look at that let's just quickly check um in terms of uh that anchored VWAP off of these lows what that would have looked like right so there it is very similar very very very similar if you put an anchored VWAP from the lows over here you can see anchored VWAP confluent with the 50 EMA flush into that if and when quickly absorbed tells you exactly what type of market you're in if

15:27 you had to have um consolidated around this region that could have indicated a massive bull trap and prices are going to be going low. So, of course, what this means is you probably want to have some dry powder in the event that you do get a flush like that. And be prepped, right? Know what you're going to do if something like that does happen. Um, so you can be adequately positioned.

15:46 So, that is again the equivalent highlighting relative to this. That would be basically taking out that low sweep down into the sweet spot over here. Um, and then you're looking for for price to move up. So, I see yes in the comments lots of daily fair value gaps below price. There is sometimes you don't always fill those, right? Sometimes price runs away for a very long period of time and this is why I would say that it's worth having some positions on the table, right?

16:09 A little bit of exposure just in case. So that's the story for Bitcoin. Bitcoin coming into support over here. Again, why losing $80,000 is pretty significant because you'd also be losing the 9 and 18 EMA, compressing those into one another. Um, and if those get a bearish cross, it adds just additional pressure. But this is coming off of the um bearish divergence, right?

16:30 You can clearly see the bearish divergence over here. Yellow line dropping the RSI and then the higher highs on price. So if the RSI start to turn back up, right now we below it. As long as price is below that orange line on the top over here at 84,661, that RSI will trend down. The first reclaim of that is probably where that dip is over. And of course, you can always look just locally from the low to the high.

16:55 Where are those key support zones coming into place? and you got that 50% level right there at 81K and then just a tad below that which will make things very tricky if you come here that will fulfill part of this inefficiency and that's 795 right you're coming into that zone so therefore we're very much in the same place as last week liquidity wise right so remember to look at the liquidity alongside what we've seen on the reset over here on the open interest the negative funding these are things that I'm looking at uh

17:23 conflict with one another now you got that liquidity which I I would say this is a very large number. Remember we say anything over 20 million on the daily period is pretty decent in size. You're looking at 25.3 million sitting at 85k which means a possible liquidity grab after the reset in open interest and a short-term short squeeze to squeeze the negative skew over here.

17:46 That's 4.6%. So that's in the realm of possibility. What about the weekly? Let's see what that one looks like and then we can move into um some of the other positions. Right. So liquidity on the weekly building. It's not over 100 million yet. We're looking for over 100 million, but there is more liquidity on the top side versus the bottom, right? And we got over here um another 68.

18:07 So the closest 73 million and then we got 68 million. And then on the downside, we also got about 68 million. So these two combined, of course, much more liquidity still on the top side over there. All right, moving on. Let's have a look over here. So we got the pump trade that's moving towards the upside. Let's have a quick look at what's happening with these um positions over here.

18:28 So, pump is larger in size for me personally in terms of like position sizing and allocation. So, I'm still holding this trade over here. I I want to see this hourly uptrend maintain, right? So, you can clearly see where your last higher lows are. Um, of course, things begin to really fall apart if you take out these lows at 4275. That's holding up.

18:45 A I'm still fine with I'm scaling into the position. You know, you found your reaction off here. would be I don't mind if it goes low because I've got orders um spread all the way down here to the bottom of the range. I think even as low as like 58 cents uh in case you get like some kind of deep flush like that. I'm willing to hold this for the longer term.

19:06 But nevertheless, in the short term, you know, maybe maybe you'll see a little bit of um a high low that forms over here. Pretty key level at the white line. And then we'll move on to the next one. This is getting a bit smack ponds, right? Kind of opposite of what's happening on pump. Pump moving towards the upside. pond's breaking down over here, but you're coming into key support now.

19:23 So, this has hit the apex and it's chosen its direction, which in this instance is down, right? So, this is a launch pad. Of course, these come with a lot more risk. Um, they are revenue generating. Uh, they still generating a lot of revenue despite the slowdown uh in in the hype over there. And yeah, theoretically, I mean, this this is the area of interest if you did want to add to the position.

19:46 For now, I'm just going to hold my uh position as is. I haven't changed anything. I'll let you know if I do. Cash Cat got a massive I think it was like a 33% bounce this morning. Uh this is one of the other trades on the table. So, let's just quickly uh maneuver this chart around. So, here we have it. There we go. Uh cash, right? Big move down into the support tested support.

20:07 This candle moved um as much as let's just quickly measure that. So, from the low to the high 37% bounce, right? A lot of volatility over here. This has still got work to do. definitely got a lot of work to do. You can see over here you probably want to just break this trend. So you can see this trend you've rejected off that. Look at where the closing candle is right now.

20:27 You are uh or at least price is attempting to get through that level. I guess we can be a bit more conservative like that. Um if we can start to close outside of this, this might lead to the breakout, right? Okay. Um so that's another thing that I'm watching over there. And then we got FET, which has had a beautiful, beautiful, beautiful move towards the upside.

20:44 Massive profits on this trade as well. getting a slight pullback. Monitor the hourly time frame. Very similar to pump. You basically want to maintain those high lows. Of course, if this starts to break below these lows coming in uh just under 19 cents, that's not going to be good. So, ultimately, um I'll be looking for this to to hopefully put in another high low and just continue that trend towards the upside.

21:06 That is pending what the New York session does later on today. So, those are some of the positions. Sumi also getting a little bit smacked over there. Let's see. Salana. Salana also coming down. So, of course, the the broader market is coming down over here. Um, if Bitcoin's down 2%, you know, these other things are going down like double triple digits or double triple what Bitcoin is going down.

21:26 But let me know in the comments if there's anything else that you want to look at. We can have a look at ston. Um, okay. Let's have a look at ston over here. So, let's quickly pull that one up. Uh, up 0.8%. We've broken a major trend though. Let's see over here. Um, all right. Also, not a lot of chart history. So, these things come with a lot of risk.

21:44 Of course, your your range low level, and we'll we'll mark out some of the key fibs over there, but your range low level is coming in at 16. We'll drop it on a lower time frame. You broke that trend. Um, very much rangebound for now. Uh, let's pull up one of these key fibs and just see how far you've already moved into that. You're in the golden pocket right now.

22:05 Look, of course, risk will turn back up with the rest of the market. If the market goes risk on for Bitcoin, this thing will easily pick back up. If you do start to lose this level over here, I would expect that there's a good chance, you know, that you'll move back down towards the bottom of the trading range. Alternatively, that's the level to take out.

22:23 I'll mark it off. It is 3195. 3195 will be the level to take out. That's your big rejective candle. Um, if you get back above that, show things are recovering. You know, these things when you look at this, you're really just looking to the direction of Bitcoin. Is Bitcoin going to bounce and move higher? If so, then, you know, go long, right? It doesn't really matter if it's over here or if it's over here.

22:43 These things, the velocity, they're moving like double digits every day, either up or down, right? So, you got to be prepped for that volatility. If Bitcoin is completely riskoff, if Bitcoin goes down to um for example $72,000, expect maybe not that bad, right? Expect something like this back into this candle. That's what I'd be looking at. All right.

23:06 So, that is for stunk. These come with a lot of risk. You have to position size correctly when you're taking you know stonk or any other memecoin related trade over here. Uh including including right let's let's not uh rule out pump. Pump is still going to be risky right that is basically uh the foundational level or or the foundational layer for basically the memecoin sector.

23:29 So it's going to be pretty much exactly the same thing. All right. Um let's move on guys. Quick one over here. Just have a look in the description below. For those of you that are not in the UAE, it's not for the people in the UAE, but anywhere else. Kelsey Markets, trade $50, you get $25. And there'll be a $500 giveaway this week to any of you that sign up.

23:49 $500 giveaway. 190 countries. You can trade per, right? This is US regulated, which is nice for those of you in the US. All right, Fcoin. Let's have a look. Fartcoin has moved back towards the entry zone. I was having a look at it this morning. Um, where is our Fcoin chart? Let's just quickly go there. Uh, there we go. All right, Fcoin. Oh, bam. Straight back down.

24:12 Right. So, when I was looking at it this morning was right over here, you're taking out some key levels. Let's quickly mark out some of these key fib zones and see more or less where we're at. So, through the 50% level. Uh, yeah, really. You can see also this this little bullish order block that drove price up for its next leg up. You don't want to take that out.

24:29 That's 162. That's 162. You really want to find support in that area. Lot of volatility. What about Popcat? Also coming back towards entry over here. Very similar. You got your little bullish order block that drove price higher. Let's line up our fib over there and see where that golden pocket is. So golden pocket just like Fcoin, right? Coming right into that zone.

24:52 So you really want to see this 49 4976 are the last four digits. That is the level that you'd want to have hold. All right. Ono was one of the strongest performers. So we can definitely have a look at how Ando is doing in terms of the real world asset sector. Up a lot on this position. Um any throwback into like 45 cents. Expect that to form a bit of support.

25:12 Wait for it to slow down a bit and then you can look for your entry there. All right. I know there's some trady questions in the energy sector. So let's quickly have a look at that. Um Bloom Energy uh pulling back slightly pulling back. I think potential buy the dip opportunity, right? uh because you've had a couple of days that have back tested into that red line.

25:33 This is the area that we really want to hold at about 250. So that little bit of a pullback, check out that area over there. Um and you could get some continuation up. We got oil still looks strong. I think oil is going to move up over here into about 120. It's at least at minimum it's going to test that area. So expecting something like that and then if it gets through this uh you know that could that could really uh put a spanner in the works for a lot of the market.

25:56 And then what was that other question over there for um the tradgers? Okay, let's go to the tankers. How are the tanker trades doing? We got FRO, TNK, and STNG. Um yeah, met the measured move target. High highs, high lows. Obviously, a little bit um of profit taking coming into the zone. You got to let this slow down on FRO. I I I wouldn't necessarily enter over here, but if you are still long, I think it's worthwhile holding that long because this could just be a higher low and if oil breaks up, Bloom Energy runs

26:26 towards the upside, which it looks likely to do so, it's going to take FRO with it, right? TNK, exactly the same thing. Um, you know, don't don't long your longs. You already have the longs, but hold the longs. So, I just hold the longs over there. No change needed on that. And STNG, Scorpio tankers, same story, right? Nothing needed to do to do over here.

26:46 If you took the original trades, that's it. Hold those positions. It's as simple as that. Metals, we can have a look at our heard metals are getting smacked and they are. Wow. Boom. This is the problem with metals is that there is a possibility that, you know, this is still just putting in lower highs. This is the real question, right? Are you kind of rangebound where you're going to find support over here and reaccumulate?

27:09 So, you're basically reaccumulating between those two yellow lines. Or is this just as easy as a normal chart of lows and low highs? At which point you expect these lows will get taken out. If you start to gain acceptance below 3,900 on oil, expect 33 to come into play. All right, expect 33 to come into play. Silver is going to be no different. I would expect a move down back towards the range low, reassess when that happens.

27:35 It's a either you reassess when it comes into range low. Same for gold, right? and and assess if you're finding support over there and reaccumulating at which point you can look for a trade or B wait for a breakout meaning put in the high low and then get back above meaning you've confirmed your first high low. So you have your low you need to confirm a high low there.

27:54 This is no man's land. There's absolutely nothing you can do over here on uh in my opinion on gold, silver, um platinum. This is still the strongest is is copper. Copper is still the strongest. Aluminium nothing you can do over there. and palladium also nothing you can do over there. I'll just leave these alone. If anything, I would lean bearish on them because the broader trend is still down.

28:17 All right. Still down. Um, okay. Amazing. Uh, what was the other one? Nike. Yes, let's have a look at Nike. Let's quickly check out SpaceX as well. We'll go to SpaceX first. What's going on on SpaceX? Holding the 200 over there. Look, you've broken this trend line. So, I still think there's a chance that you'll come down to like 122. And Nike, right, catching the support.

28:36 I told you I'm buying a little bit, right? I think I said I'm going to put in like just five grand for now and I'll start to DCA in. Started to get a bit of a bounce. This is looking off of the daily. Did I do it? No, I haven't, guys. I I got too busy, right? I'll do it today, though. I have uh allocated more capital over there onto uh onto my brokerage account.

28:56 So, I'll definitely buy a little bit of Nike today. We've put in the 80% drop falling wedge formation. You know, this could be it's it's catching a falling knife. This thing's falling. You know, you could easily just do that and then this thing could be trading at 20. That that's something you got to make peace with. So, you got to position size correctly.

29:14 But I'm worth for me it's worth taking a punt in the event that you get something like that and uh then you can always just add to the position. All right, McDonald's. We short on McDonald's. Let's have a look at it. Perfect. Everything is wonderful over here. You are closing below there. you have such a nice hourly um sell off over here that you can basically say if you start to get back above this candle, you can begin to cover some of those short trades.

29:36 All right. Um okay. Amazing. Amazing. We've covered a whole lot. We've covered a whole lot. Uh I don't think that we don't have time for Dubai real estate. I know that's that's one of the questions. Okay. I'll look at one of them. We'll just look at one of the the main things. Let's look at uh where is this over here? because I know not that many people are going to be interested in in real estate.

29:56 But we can have a look over here. Let's just check out the weekly for IMAR, which is one of the biggest developers. It's finding support at the 200 EMA. You got strong horizontal support coming into play over here as well. Um I think you'll test deeper into there. So even if you get um relief off of this, I still think in the future you're going to see a sweep of that $10 region.

30:15 Okay. So that's email. You can look at there's screenshot those. Those are the ones you want to have a look at. Okay. Amazing. Robin Hood, Intel. Let's quickly have a look at those as well. We we need to check out some of these because we do have long trades on this. Um I have, of course, Palanteer. Let's hold Palanteer over here and and quickly have a look.

30:35 Are we staying in on this trade? Let's go. Let's drop on the 4hourly. Um yeah, it's all good. All good. At least in my opinion. Uh nothing needed to change over here. We of course we want to hold this. You're getting a little bit of a pullback. So it would be really nice to see something like this, right? and then just start to retest and hold this 190 as support that will look really good.

30:54 Uh Robin Hood okay any throwback that comes into you might get a little bit okay you are getting deeper right perfect that overnight trading is down to about 116 it's I know it's hard to see with all the different colors but that white line over there you're like a smidge above that like a little marginal smidgey 1.4% 4% above that, that would be a retest of the 50% level.

31:14 So, using my little drawing tool, anything like this, if you see something like that, this is a re-ong zone. This is a re-ong zone if or or a long zone if you're not already long. In my opinion, that is the area that I'd be looking out for. Um, all right. What about Caterpillar? Pre-market is coming down. I'm giving it a chance, right? Earth movers move slowly.

31:36 I will give it a bit of a chance over there. This is this is Caterpillar. It's still holding on over there. AMD uh let's go on the daily for these. All right, daily strong. SanDisk is fine. I'm holding it. Um Samsung down slightly. Got to be a wary of these ones. These ones we have to be aware of there because the energy is slowing down, right? What is the risk factor with these?

31:56 So all I just want to be super clear on these trades over here uh especially this South Korean market which is going to be SKH and Samsung. You have to look to the Cosby. These make up these two make up the majority of the Cosby. I think it's like 50% or something. So, you need to be careful of these ones because there is a possibility if this trend starts to break, which you can see a perfectly clear trend.

32:19 What does this begin to look like to you, right? You know, this can absolutely destroy things completely. Look, I I'm not calling for that, but holy cow, that would be absolutely brutal if So, I'm aware of this. I'm aware of this. We longed off the bottom over here. We're massively up. There's no excuse. I don't want to hear any um crocodile tears from people if we wake up next week and this thing's down 71%.

32:42 Right, there is a really bearish pattern that's taking place over here. This is very similar to a bare flag into a little rising wedge and that could drop 70%. We are in profit. I want to be super clear. We are massively in profit. We took these trades early. I can even show you currently that this trade without leverage applied is 24% up. So pay yourself a little bit on this trade.

33:07 Move your stops to break even. Don't get caught with your pants down. Okay, this thing can absolutely drop very, very, very quickly. Okay, Marvel is also looking good. A little bit of a pullback, but still doing decently over there. And then let's just go to that Cosby um index, right? What what is this doing? So, it looks very similar. You know, you have to look at this.

33:26 Looks very similar. I'm I don't want to get bearish on this yet, right? It's still holding up, but I'm I'm just highlighting this is a very similar pattern, right? So look, this will this would destroy the market if we saw something like this. You got your conservative target and your aggressive. Let's even just go with the conservative. If you see something like this and this moves all the way back down into these lows, Korean markets will take the rest of the markets down.

33:51 You know, is the bad omen of crypto conferences going to even destroy the Korean market? Because it's blockchain career week this week. Everyone's flying there. They're on their way. We know that whenever these conferences happen, there's there's some kind of drama, right? So, you know, if you if you see something like this, this will be brutal. This will drop the S&P 500, NASDAQ, everything.

34:12 This this will create like a tech scare if we saw something unwind over there. All right. Amazing. Okay, let's go to Oracle. I don't know what's the story with Oracle, but everyone's asking for it lately, and there's obviously something that's that's uh going on with Oracle this week. So, let's quickly pull it up. I don't know what is going on. Ever.

34:29 I I read about on Twitter. There's something going on with Oracle, but chartwise, there's nothing going on with Oracle. If anything, I'd look for a bounce out of this zone. Overnight trading is slightly down. This is going to be a very significant range low. If you can continue to hold this 130 region, you can look for long opportunities. They are risky.

34:49 Um, you know, this has been broadly in a downtrend, literal lower lows and lower highs, new swing lows, uh, new lower lower highs. If you gain acceptance below the yellow box, um these are your levels below 98 and then look, I'm not saying that's going to happen, but worst case like 60. All right. Amazing. Amazing guys. So, we've covered a whole lot over there.

35:12 Remember, if you're in the Discord as well, you can connect your Discord to insert.trade. It's listed below below the whale room um sign up page and you can copy the trades, right? any of these trades over here that you want to take uh as instant trades, you can do so. All right, that is free for anyone in the Discord. So, I'll see all of you guys on the next one.

35:33 I hope everyone has a wonderful day. Uh stay safe out there. Let's see what New York does. New York is going to be, you know, the key for what's going to happen next in the markets if they're going to push price back up. We have a repeat of what's been happening last week. I'll see you guys on the next one, guys. Cheers for now.