CAUTION: Is This The Start Of A Large Unwinding Of Markets? [This Level Must Hold] Transcript, AI Summary & Key Points

00:01 It's a blood bath out there and in today's video we'll discuss is it the start of a larger unwinding. Remember it started off with the costby where we said there's a bit of risk in the market over there that being the Asian markets or South Korean markets. And this is what it looks like in the South Korean market as well. Huge moves towards the downside.

00:18 You can see Samsung SKH Highix which make up at least 50% of that market of their stock market has dropped pretty significantly breaking down in bare flag fashion which means there still could be further downside over there and we said if that happens it's likely going to affect the US markets and that's pretty much what took place right um now of course I would say this the US markets haven't been affected as badly as I thought they would when we start to see the breakdown of the Cosby um to the levels that it's come

00:45 to but nevertheless the thesis is still playing out and for the most part although Bitcoin has come down. Um it's not as bad actually as what it might look right. So of course yes it is pretty red in the altcoin sector as it always would be. Pulse X one of the biggest drops on the day for those of you that don't know. Richard Hart was arrested. You can always go on to my ex account over here and I did post about that yesterday.

01:09 So Richard Hart um was captured over there in Turkey. Stay Gucci. At least that's what I wrote. uh stay Gucci over there uh taken into custody and wanted I think from three different uh states right so here you have all of his uh watch collections gold everything high of stakes movie remember that was his big flex if he didn't flex enough on uh YouTube he flexed through the highest of stakes movie and I said there will be a sequel to the highest of stakes documenting uh pretty much this which looks like a movie in

01:42 terms of his downfall and arrest right so the markets are crazy crazy out there. Some things getting hit harder than others. Bitcoin uh coming in towards the area of interest, right? This is going to be the line in the sand at $76,000. This is the uh 21 exponential moving average on the weekly time frame. And remember, I always said h this is the idiot proof thesis for is it a bull market or a bare market.

02:06 And as long as you're above it and specifically it's angled towards the upside, well, you can be cautiously optimistic that it's a bull market and dips are for buying, right? So that should be one of your guides. Ideally, you get a major flush, something down like that into the low70s to fill in this uh fair value gap over here, which is just an inefficiency candle, a large abnormal candle that gets somewhat retraced and then this gets brought back up closing back above there.

02:35 That would be the most ideal scenario, right? Not to say that that's even going to happen, but if it does happen, you want to be well positioned because we're seeing mass liquidations across the board. And when people get liquidated, this is usually where the best opportunities come into place. And we can actually scroll down and look at those total liquidations.

02:50 Uh this is the second time this week that we seeing close to a billion dollars liquidated. Of that, the majority of course being long traders getting absolutely rinsed over there. And then yesterday we spoke about where your dip buying opportunity comes into play. looking at the large liquidations as a key turning point within the market combined with the daily exchange volume defending that $30 billion mark which is what it's doing for now and then paired that up with of course the um fear and greed index resetting

03:21 into a fearful zone right now we tagging neutral territory. So remember what we said yesterday ideally we come a little bit deeper over there alongside price dropping into the 70s. this would be really a sweet spot if we saw something like that between extreme fear and fear which is going to be between the red and the orange over there and we slowly coming down right so we need probably a bit of a deeper dip over there to really get that going and then it's going to be paired up with the 200 um MA and EMA cluster over

03:47 here if price can start to fall down a little bit further but the real question is what is going to happen to the stock market and I asked that to you guys over here if you can just vote over there um will the US stock market maintain its uptrend on the daily time frame meaning by definition of an uptrend higher high highs and higher lows. Will it hold that on the daily votes over there?

04:08 37% of you are saying yes, 37% say no and 26 are completely unsure in terms of what's going to happen there. So we'll look at that in a moment. We can also look at the statistics um which we'll get into in a moment leading into the midterms. Uh but first just to address for those that have absolutely no no idea what's happening on the economic calendar.

04:28 We said it's a high impact week and of course the reason for the sell off over there has been a massive rise in the inflation right year on year coming in at 3.7%. It was expected that it was going to go from 3.4 to 3.6. So there was expected there was going to be a rise. We looked at it yesterday in terms of the McDonald's index which shows the rising prediction markets expectations on the cost of a McDonald's burger.

04:56 Um being one indication that the inflation was probably going to rise but this rose by.1 more than the entire market expected and consequently that's creating a bit of a shock factor. Now there's a lot coming up in terms of uh this year because we in the midterm year uh once again and if you look at what the NASDAQ does in terms of returns in those midterm years well it typically represents that any dips that do occur are buying opportunities but you have to also look at the overall trend and the trend is your friend

05:28 till the end and the most important thing to look at and right now you're threatening this uptrend over here whereby you might start to see price action actually taking out those higher lows. which is coming in at 695. Now, if that does happen, you could see the NASDAQ come down as low as anywhere between about 630 and 650 is going to be a major SR flip region.

05:49 You can see previous resistance, resistance, major support over here. Um, so in a more extreme scenario, you see something like that right into this zone over here where I would expect that you should catch major support, but this would cause a lot of damage from current price action down there. That would be a 10 to 12% correction, which is huge. Uh that is a pretty big sell-off, right?

06:10 If that sell-off does happen and you want to play the statistical game, well, the statistic says that every midterm election day uh to the following uh June the 30th, so you know, 6 to 8 months later, um from that cycle drop off, under every regime um or administration, we have seen prices rebound significantly. These are the results, right? 30% 41% 32 63 14 118 on the lower end.

06:40 These are low ones under Obama um 85 and then under Trump 9% and Joe Biden gave us a sweet 38% gain over there. Um so therefore according to the data the dips will still be for buying and it is in agreement with Bitcoin being above the idiot proof index which is going to be the 21 EMA angle towards the upside over there. So therefore, if price does fall down into this zone, it is going to be an opportune spot to continue to play the game of, hey, this is possibly the first higher low within the start of an uptrend and

07:13 a bull run, right? So, a lot to play for, a lot to focus on over here. Let's have a quick look as what the rest of the markets um like the S&P 500. And you can see the S&P 500 also still theoretically in an uptrend, right? You can't deny it. This is in an uptrend. You've got a series of higher highs and higher lows, higher lows. And as long as that doesn't break, the trend does um obviously persist towards the upside over there.

07:36 But I think that looking at the um overnight trading for the NASDAQ, this is showing that it's going to break this white trend line. And then next thing to look out for is going to be um of course that 700 mark, which is where your last higher low took place. If that starts to break down, then the overall trend will begin to shift. Until then, I think it's best to um just monitor that overall trend because if price does actually close back up into this trend over here, you could find yourself trading higher later on in

08:02 the week. So, I do apologize yesterday. I said if you put a gun to my head leading into CPI, would I be long or short? Obviously, no one has a gun to my head and I don't play that gambling game, but I said that I would probably be long into it. So, that was an incorrect call in the very short term. Um, of course, the CPI came out uh way above the forecasted rate and therefore things went straight down.

08:23 Um, all right. So, what am I doing with these trades that I have over here? Like the MAGS uh Roundill ETF over here. I'm holding the long because we're still massively in profit, but I'll probably be monitoring it very carefully over the course of today. Uh, the other ones that we have on the table is QQQ3. And well, you can see according to our little lop lines, um, for the most part, we expected a move up, a little bit of a move down.

08:47 It is high highs and high lows. And I'm still going to continue to hold this as well. Still also massively up in profit over here. Um, and I don't see any reason yet to uh to change that. This will however begin to shift and I might close the positions out if we start to gain acceptance now today underneath this trend line. That might be the first sign that this is beginning to reverse and the whole thing is um unwinding.

09:10 So, we can move on to the Cosby. This is one that we've been looking out for. And I did highlight it at the time for those of you that were watching and this would have been uh last week about a week ago on Wednesday. I said this is one of the risk factors. Closing candles under there might mean that you're going to start to play this out towards the downside.

09:28 And that's exactly what's happened. Right. So, right now, this is a lot of um heavy price action and bears are truly in control over here where there's a good chance that they'll bring this down into the $4,000 region for the cost. And what that means is also that each of those, you know, uh AI chip sector stocks are getting pretty hit over here. So, you can see the same thing over here.

09:52 This is at this point you probably want to close out on these trades because they will most likely fall through. This is um MU or Micron Technologies. You got Intel as well almost played out into full profits over there coming down quite aggressively. Caterpillar we already cut the position over there. Um so that was a good call cuz that's down a whole lot more.

10:09 AMD which has been the strongest of the lot also pulling back significantly still easily has the potential to put in another high low. Sanders getting absolutely smacked over here as well and coming all the way back down. And then you got the Korean markets over here with Samsung and SKH Highix which have basically put in now lower highs and lower lows.

10:27 So, this is on the way down, right? Um, so we can look at some of the requests. I know you got like a Palanteer over there. Let's have a look at Palanteer. It's one of the long trades. Um, the stop loss is not hit, right? I see over here you say stop loss hit going to re-entry. Uh, I don't know if you have the same setup as me, but this is my setup.

10:45 I'm still holding the long trade. Nothing has changed over here. Uh, where I'd start to get a little bit concerned is if if this takes takes out about 185. So if the US markets are to rebound uh later on today or this week or even early next week, I think that this could still be a banging trade and I don't see any reason to uh close this trade over here because any throwback into here I think is more likely to back test as support.

11:09 Gaining acceptance below that would look like a deviation of a very key level, right? So you deviate the yellow line or the yellow box coming in at 190. That changes things. But there's no need to react until that happens. And therefore, I'll just maintain the long over here. We still again we still in profit. Nobody said it's going to be a free ride.

11:31 Right? That's 14% up still and we went as high as 20% which is like cryptolike gains on some of these stocks. All right. And this is why I like the stocks by the way because you can see the difference over here. Right? this goes up 20% it comes down 3% and we go to crypto crypto goes up like 30% and then it goes down 30%. So it's it's in from a risk-to-reward perspective sometimes the individual stocks are giving much better trade opportunities over here and I know a lot of people are taking advantage of trading the

12:02 stock market. Um uh quick reminder again for those of you that took advantage yesterday. There is still I saw a lot of you went and purchased the three for one special on the Bitfunded um uh special that they have at the moment. So that is three times one, right? You get three challenges for the price of one if I'm understanding that. Yeah, one purchase get three challenges.

12:25 The link is below for those of you that still want that. It's there. All right, moving on to Bitcoin over here. Look, the problem with this as well as what we spoke about previously is that if this is a deviation, you know, anywhere down here is going to be fair game for a buy the dip. So now it's really about paying attention to when the bulls step in and how the stock market correlates because the stock market is ultimately going to be the driver of where Bitcoin goes to next.

12:52 I still believe this liquidity will be taken. By the way, um coming in at $88,000 again, I was wrong that you'd go there first, right? So it looked it still could it still could but I thought that you we might have some follow through first into there before putting in that correction. So this is what creates a very tricky game and why you have to have a plan for both this and this right you need to have a plan for both directions over here.

13:16 um very very unclear in terms of uh in the short term what's going to happen next over here but I do have bids ready if price comes into the zone between 70 and 75 right orders will be spread uh looking to buy the dip over there so what we can tell in the very short term though is that as long as price is below $83,057 the bears do have control and they have the ability to compress price and squeeze price lower with the 9 and 18 EMA rolling over and the strong signals, right?

13:48 So, right now I say that in the short term, uh, very difficult to to get an accurate prediction in terms of whether we'll get a major reversal from here back up. But the strong indication will come in if we do see this dropping into this zone. Right? So, that's really what I'm going to personally be looking for um for higher time frame bids, big spot bids that I'll be looking to allocate into the market.

14:06 Uh, otherwise, until then, you need to wait for price to start to get back above those highs at 84K. that would ultimately start to flip things back up and this would look like a high low. So I think anywhere between here and down into those low 70 zones is where that high low territory should be coming into play. Even the liquidity um you know sort of painted a different picture yesterday where we saw that much greater liquidity was on the upside but yet of course the CPI had other plans and prices came down before

14:35 taking that liquidity. This liquidity is still there. It hasn't moved. This is um a lot of short traded stop losses. So some people on the right side of this trade um almost 100 million right which is a sizable amount that's a decent amount over there altcoins are getting smacked so a lot of them are threatening their trends uh this is clearly a very significant zone that should be holding over here on Zcash at 146 and it looks likely to take that out right so we're seeing a big unwind over here if that happens you

15:04 know Zcash could easily be coming all the way back down to 750 um and as a percentage you'll see these quite large numbers right if this falls through that could be another 30% down uh where it will have to go through new reaccumulation so critical zones over here that need to hold for the broader markets we could look at Salana as well for the most part Salana hasn't yet threatened that low but again significant zone at 95 you see more mass liquidations come in if Salana drops below 95 and this is going to be across

15:33 the board for most of the things right if we go to Suie um you know Suie's Suie's little bullish consolidation came in at 93 cents It's sitting right there. Basically, right there. Right now, you're holding the 50% level. Um, this is where bulls would have to step in if they are going to gain control. Otherwise, bears are going to take over here and we're going to see a deeper dip.

15:52 All right. So, we cut some positions on risky things like um cash. Thank goodness. This was up here when we saw that this couldn't hold this zone because if we didn't, you know, this has dropped already 40% and the downtrend does persist. Um, there are some things that are holding up with more relative strength. Hyperlquid still one of them. Lot of relative strength over here.

16:11 But if you get a deeper flush, the equivalent of buying Bitcoin in the low70s would be would be Hyperlquid at 64. 64 is going to be that fair value gap. All right. Uh lighter we said likely to come all the way back down into the breakout zone over here. And basically that's what it's done. This is a big SR flip. Um and for now lighter is still bearish, right?

16:34 Trade played out in full. Uh nothing to complain about over there. Was a great trade. Uh now we need to see is there going to be some reaccumulation within the zone. Right. So I'm expecting probably something like this and then some slowdown and rounding out over here to to try and flip that back into support. Uh next what else? Let me know in the comments what else to have a look at if there is anything else.

16:55 A will have a look at. Sure. Um here's a here's a comment as well. Trade of the day. Sit on the sit on your hands. Yeah, for the most part I would say sit on your hands. And the only reason that I'd say that is more because of that QQQ potentially breaking that uptrend on the daily. If that breaks and you see the stock market unwind, of course, it's going to affect things.

17:14 Uh Bloom Energy is still up. Yes, we'll we'll go on that into that in a moment. Let's have a look very very quickly at um AA. AA's not down that far, right? I don't know if it's all of your guys bids alongside mine that are spread all the way down here. I think I've set them down to like 58. Um, I still think this will be a longerterm reaccumulation range.

17:35 So, for me personally, I I've left those orders there, right? I've I'm scaling into the position slowly but surely. I actually think I'm still in profit on this trade. Um, believe it or not, but I would like to be filled. I would like to see something like this happen. All right, that would give me a 100% full on this order. All right. Um, let's look at Bloom Energy.

17:55 Let's go through into that sector. So, even some of the energy sector was getting hit. I was quite surprised to see that because usually that's not uh what what we've historically seen right with the CPI going up says that inflation is rising means energy costs also become more expensive and therefore we see energy tend to push up but Bloom Energy got absolutely smacked yesterday.

18:18 The risk is managed. Uh my stops are moving to break even on this trade personally and I would like to see this by the end of this week start to reverse out of here and put in a high low. All right. So, Bloom Energy managing the trade accordingly. Everything is fine if you took the original trade that I did. Um, but yeah, it's getting sketchy. It's getting sketchy for sure.

18:38 Even oil started to come down, right? So, even oil started to come down over here. I still think there's a good chance that we'll see oil trade up into this 120 zone, right? But definitely no man's land. Even the metals are getting absolutely smacked, right? If you have a look at what happened to silver yesterday, look at that. silver coming down to pretty much new lows over there relative to 2026.

19:02 The last time the last time silver was there was in uh July. So I think that silver probably going to move a bit deeper into the zone and then you need to see is there going to be some reaccumulation around $48 to $50. That would be the level for me personally. Um gold didn't get as badly hit as what silver did, but we did highlight yesterday um that it's still risk off on the metals.

19:23 I think that gold is also going to trade at least down and sweep 4,000 and then we can reassess. If it gains acceptance below 4,000, you you open up the possibility of a move down to 33. But what you have to understand and remember that when it comes to something like gold, you know, these things play out over months to years. This can take a very very very long time.

19:43 But a lot of the metals getting smacked, right? This is what your platinum chart looks like. Um it's not looking good, right? This is very much a downtrend. If you take out that load 15, you're coming deeper down into about 1338. Uh, and then we have even copper, which has been one of the strongest, has had some down days. Aluminium is putting in new lows.

20:01 Um, there you go. New yearly lows dropping below the June lows over there. And this one's next stop is going to be under 3,000 at about 2,800. All right. So, um, do you cut pump? I think that you should manage the risk accordingly, which is what I've done. So, stops are at break even. If if the stops get hit, the stops get hit, right? So, the trade was entered into down here.

20:24 If the stops get hit, the stops get hit. You do not want this to effectively take out that low on pump. If this takes out that low on pump, pumpf fun. Um, look, I mean, you're coming into this trend line right now. So, let let's just clean this chart up a little bit. Uh, let's clean all of these things up to make it nice and easy to see and understand.

20:43 Um, if pump takes out this trend line, it's it's the equivalent of the NASDAQ taking out the same trend line. looks very very very similar on a daily chart. Um a break of that means you're inevitably going to come down back into the range high breakout which is going to be about 34. So I would probably stop even now today manually stop out on this trade.

21:02 I got a hard stop uh I got a hard stop in profit over here around where the entry was. But if this can't bounce successfully and hold this trend line by the end of today and you close this trend line over here, I'll just manually cut the position because ultimately then it's probably going to fall through uh down into your stop loss anyway. So you may as well take some off the table.

21:22 All right, so those are the some of the the trades that we've had. Uh we can have a look at some of the others. I know that there was also things that we were looking at in terms of like um you know Fartcoin, right? I am actually and I can I can show this one to you quickly. I'm actually still in profit unbelievably on Fcoin. I can't even believe that I have the trade open.

21:44 Um so this is the Fcoin trade. So I may as well just close this position right here right now. It's not it's not much. It's a $5,000 position. So I'm up like 13% on that trade. If you took the same trade as me, um yeah, I mean you're breaking back down into these lows. This was one of the later trades given on YouTube. The original trade was this one down here, which is why I'm still in profit.

22:04 uh it's got to bounce with the rest of the market today. Failure to bounce over here means you're going to retrace this whole thing. Okay. So, yeah, the market is absolutely uh bleeding over here. Bleeding over here. Major major major flush. All right. Let me know in the comments what other things you want to have a look at. Tesla Tesla earnings next week.

22:24 We can have a look at the individual stocks. So, let's quickly go to that. How is Tesla doing? Tesla was the weakest of the MAG 7s. Uh it still has a chance, right? As you can see, it's not as bad as crypto. There still has a chance. Overnight trading has come down. I think that it's very clear that you don't want Tesla below 340. If Tesla begins to drop below 340, you're threatening this whole trend line uh and the lower highs persist into probably leading into lower lows as well.

22:50 All right. All right. What about Micro Strategy? What about ETH? Sure, we can have a look at those. Let's check out Micro Strategy. I'm actually curious how that one's looking given the sell off. So micro strategy big overhead resistance over here. This is a big zone to overcome. I would be focusing on the key 50% level which is going to be uh around about here.

23:13 So let's just quickly measure this out. Let's just quickly throw that on. There we go. So this is going to be an important zone. Micro strategy down to about 126. If it can flip 126 into support, there's still a chance that the bottom is in. And this is the start of an uptrend um on Micro Strategy. So you're looking at something like this, right? No guarantee that you even get that, but you want to reaccumulate over here.

23:37 This is a big uh SR flip as well. Previous uh support, support, flipped it into resistance, resistance over there, flipped it back into support. So you can see this whole cluster over here, which is going to be between about 126 and current price is a significant zone for for Micro Strategy. All right, let's have a look at Ethereum. Um so one of the other requests, Ethereum coming down.

23:59 Huge huge huge inefficiency over here. This is where a lot of stop losses will be triggered. 2,219, which means it will probably happen. If that does happen, I think that uh viable buy zone is going to be coming into play within this candle. This is your candle that occurred on the 19th of August, that specific day. You probably going to sweep into the zone, which means you'll have a chance to get ETH at about um $2,000, right?

24:26 Within that $2,000 zone. Watch the trend line as well because getting into that zone means a break of that trend line. So you're looking for a sweep. Take this trend line out and then of course you got to start to bounce. Wait for the reaction. Right? So if you get something like this, we're looking for the reaction out of there. First high low. All right.

24:46 This will all be a good opportunity. Very very very good opportunity. If it can't bounce out of the zone, out of the 2,000 zone on on ETH, um you know, then then you could be threatening these lows. But I don't think that's a conversation to have yet. All right. I don't think it's a conversation yet. For now, let the markets flush within the US markets, the equity markets, and let that drop down into these zones, and that's going to create the opportunity.

25:09 I also want to measure out one of the key fibs over here. And just see, you can see clustered over there with confluence, um, golden pocket just under two grand, and then we got the 50% level at 21. All right, those are the areas of interest. Um, sure, we can have a look at NIA. Let's go to NIA. Um, all right, NIA. Okay, let's see. Part of the AI sector.

25:36 This has a lot of unwinding to do if the market does fall apart. So, please just be aware of that. Uh, you know, you might think that has relative strength cuz it's still trading up here, which I guess is true to an extent, but what I have seen in the past as well is sometimes that's what happens. Um, and it only holds on for so long and then you see a much deeper drop.

25:53 So if you do get that deep drop uh the areas of interest I'll be looking for from the origin of this leg up there you go into that 50% level in golden pocket and that is confluent with your breakout level your pink box. So I think a deeper correction this is going to take it to about 320. Okay 320 on near would be 30%. That would be brutal. All right it's nothing to worry about yet unless you start to take out these more recent lows.

26:20 Uh but it's a very messy sloppy chart. Okay, you can try and make sense of some of the noise on the low time frame by drawing out um you know some sort of a trading range. Very very sloppy chart over here. Okay. Uh what else? What else guys? Where's the best opportunity? The best opportunities in being patient and waiting, which is what we spoke about.

26:44 Like I, you know, we've done many many videos on waiting for the first major major pullback after this leg up. uh whether that was going to come from higher and it still could, right? What if price bounces over here and this is not the major pullback because when you look at it on a weekly, it's not that much of a pullback yet. We only have two candles that are red over there.

27:02 This would start to look like a major pullback if this week closed like this and then next week we saw a deep flush. This is where the big opportunity comes in and then close back above above the 21 EMA. So I think that the big opportunity comes in. This is what this is what makes trading so difficult because the emotions are swinging wild over here.

27:23 So you could see a lot of people swinging in for good value now thinking that 80k is good enough and that takes you into the liquidity grab at 88k and then only later you put in the deep flush. Um or if you lucky enough to get the pullback right now into 72k that's going to be the next big opportunity. All right the low7s. So, anything around the 21 EMA is going to be where your opportunities come into play.

27:49 You just look at Bitcoin and and the 21 EMA and whatever the altcoins are doing then probably coincides well. All right, Nike. We can have a look at Nike as well. A quick mention uh if for those of you that do want some free money cuz right now it just feels like losses only across the board at least in in some of the comment section. Um BTCC are kind enough to give you a $1,000 airdrop position.

28:12 All right. So, BTCC, the link is below over there. This is where you can trade stocks, crypto, commodities, everything. If you sign up over there and you don't have an account already, um there's a YouTube video that shows you how to claim that bonus. Uh all right, so let's go on to Nike. Okay, let's go on to Nike. It's holding on. Nike is holding on over here.

28:34 So, I'm slowly dollar cost averaging into this. I want to be clear, this is not a significant portion of my net worth. It's more just uh taking a punt on something. I like the way that price is forming over here. I still want to see it get above like 37. Getting above 37 will in be inclined to believe that you're going in for a much greater rally over here.

28:54 And just showing you the weekly chart. Um I mean we basically bought like somewhere. I have to look at I'm probably logged out my brokerage now. Yeah, I am unfortunately. I think my average entry is something like 33. So I'm up on this position and this is what we're looking at. Nike has dropped more than 80% now. Actually, it's dropped 82%. And you have this falling wedge formation and we're looking for a bit of relief out of here.

29:19 Nike. Okay. So, some of you believe Nike it has to be the bottom. Possible. Possible. For now, I'm just trading this as a relief rally play, right? So, it's like, you know, they say h don't try to catch a falling knife cuz you're going to cut your hands. This is exactly why they say that. So, this is why I'm being very clear in terms of my risk management.

29:40 The money that I'm putting in is smaller than what I would usually take a stop loss on. So, that way I can put that money in and just leave it and whatever happens happens. If I wake up and it's giga pumped, um, great. Then I I can buy something cool with that. All right, McDonald's. We still have the short trade in McDonald's. It is starting to bounce.

30:01 We covered half of the position over there. So, let's go on the daily time frame for McDonald's. So, I think McDonald's can easily bounce close towards the entry over there. And I I would look to reallocate um on this trade if that did happen. But, uh we've played out almost half of this risk-to-reward setup. All right. Okay. Aer Drrome. We can have a look at aer Drrome.

30:27 Haven't looked at that chart for extremely long, but let's have a look. Um, aerodrome. All righty. Let's quickly get some high time frame view on the weekly. It's actually done insanely well and it's still actually holding up decently. Unbelievably, it it hasn't taken out last week's low, which is pretty impressive when Bitcoin has. Um, yeah, I'm not sure what's causing the pump on this, but your higher lows are very, very, very crystal clear.

30:57 like just don't take out that level. As long as it can hold above 7592, it's maintaining its uptrend. It's in uptrend. We've done NASDAQ. We finished with NASDAQ already. We've had a look at that. Let's have a look at the Dow Jones um to see what that one's doing, too. Quick look at the Dow Jones. Okay, Dow Jones, we spoke about it bouncing out of the zone.

31:20 It's the bounce is still theoretically there, so no need to change this position. And in fact, it's showing a little bit of relative strength. So, I think that the Dow Jones is likely to maybe there's a rotation out of NASDAQ into Dow Jones. All right. Um, okay. Quick look at some of the the other stocks. Let's just see if there's anything else that we need to look at.

31:46 Uh, we've covered most of the trades that we have on the table. I think everything has been everything has been covered over here. All right, Doge, Aether. Let's look at Aether. We had that Aether trade on. We look at on the low time frame. Um is on this chart over here. Let's see. Aether. All right. It's still above unbelievably. Okay. So, I mean, I left this one my it's on my exchange as a free hit.

32:19 Stops moved to break even. I took some profits over there. It's throwing back into the zone. Sure. doesn't look great. Now, it actually hit resistance. I didn't even I wasn't even aware that it hit that resistance zone, but this was the major major resistance zone that we said this is going to be tough to overcome um on the first attempt. And that's that's pretty much where that rejection took place.

32:37 But yeah, I mean I've left it as a free hit on my my own account, but if you're wondering where it's going next, um I think that you know I would say it's weak until it can get at least above like 6515. 6515 would be the level to reclaim. Okay, so for now it's likely that it's going to retrace most of this move. All right, guys. Okay, Salana. We've done Salana.

33:10 We've already looked at Salana. Right. I mean, we can have another look at Salana. I I do need to clean this chart up. There's a lot of mess on here. This is a big resistance zone for Salana. It's going to be risk off just like the rest of the market for now until such time as you can start to show some some strength. Again, I would say to be safe, it must get above like 11350, right?

33:35 11350. Otherwise, you risk taking out this low. If you take out this low, this will fall through very quickly. I mean, I wouldn't be surprised if it really really fell through. Um, you know, the the big untested uh inefficiency candles coming in at about 81 $81. That would be an extreme sell-off. All right? Otherwise, you need bullish structure to develop over here, which is going to take about a week.

33:59 Um, this is not going to happen overnight, right? you need something like this. This is going to take into the end of October to build confidence again. All right, guys. So, yeah, we've had a a look at a whole lot of different things. Yeah, big flash across the board. Uh, absolutely. This is fact because you're seeing it in we saw it in the US stock markets.

34:23 We're seeing it in the crypto market as well as the South Korean markets. All right, so let's leave it at that. I'll see all of you guys on the next one. I hope everyone has a beautiful day wherever you guys are based in the world and we will catch up again tomorrow where it's going to be a telling day to see what the bulls can do if they can fight back and defend today or we going to get continuation and further liquidations. We'll see you again tomorrow. Cheers for