 What is going on everybody, it's Stas here. Welcome back to another video. So in this video, I wanted to talk about my plans on the 11th of June, what I'm doing in terms of my trading plans, going over a couple of ETFs, a couple of stocks here, some crude oil ETFs, gold ETFs, some of these large cap stocks, I'm seeing a nice pullback on one in particular, I'm going to be talking about in today's video as well as just going over the pre-market futures, the market technicals right now. What am I personally seeing with about 23 minutes left in the market open? And I'm not sure when I'm going to upload this video, it may be right after the market opens, it may be a couple of hours down the road. We'll see, obviously, if you're watching it, the video is uploaded. So let's talk about very quickly the markets right now. They're looking pretty green, right? The Nasdaq right now is almost 1%, another nice gap up overnight here on the Nasdaq, up 70 points right now in terms of this future. The S&P 500 futures are up 17 points right now, back up into the 2900 level up 0.61%. And the Dow Jones futures right now are up 0.6%, not as high as the other indexes that we track on this channel, but still a 0.6% gap up here pre-market for the futures are very, very nice. They're up 151 points. So like we've been talking about on this channel over the past couple of days, markets continue to rally day after day after day. Two positive catalysts that I don't want to spend too much time on are the Mexican tariffs, Mexico tariffs between the US and Mexico, those are not happening anymore. So that gapped up the markets over the weekend, and we saw the potential rate cut the Fed is looking to impose here in the next couple of weeks. That was another catalyst in this big push-up. And we've been talking about how markets are very overbought right now in my personal opinion. Just take a look at all the major markets on the RSI. Very overbought. 82 is extremely overbought. Anything above 70 is extremely overbought. So 82 is just ridiculous, right? For the Dow Jones here. And if we go to the Nasdaq, it's even worse, guys. We're almost getting out of the chart here. We're literally at 84 on the RSI here. This is in need of a pullback in my personal opinion. The ES, take a look at the ES. I'm sure it's extremely overbought as well. Yes, extremely overbought RSI at 80. Just take a look at this. We're in need of a pullback, right? And I get it. We sold off for about a month. We got that big sell-off. This is like a rally that we've been needing. But I still think it's a bit overdone at this point. There's still a lot of negative stuff surrounding the economy right now, which I think makes this move a bit irrational. So this morning, guys, that's kind of my opinion right now on the overall markets at this point in time. And this morning, I'm watching, of course, these market ETFs. They're always on my watchlist for an impending pullback on the market here once it does happen because it will happen. But the matter is when is it going to happen? SQQQ, which trades on the NASDAQ. It goes up whenever the NASDAQ is going down. And SPXS, which goes up whenever the S&P is going down, these two are going to be very good plays here. And they're going to offer a lot of margin of profit. So those are two that I'm watching. I don't know if we'll get the pullback today or tomorrow. Who knows when it's going to happen, right? But I'm just waiting. I'm being ready. And with these two, and I'm looking to take advantage of them. So crude oil and these natural gas and what is this other one, this gold ETF, we're talking about these in today's video as well. So let's just get into it right now. So crude oil, we notice how on a technical basis here, it's being rejected pretty strongly by that 50 SMA where we've been rejected at over the past couple of weeks. And we've talked about how crude oil is not necessarily related to the overall market in terms of price trend. But we notice how it did correlate this past time when the markets dumped, which is pretty interesting because markets dumped crude oil dumped as well. And here, we're at a point where either two things are going to happen, we're going to get pushed down further, we're going to get rejected by this 50 SMA, which would issue a downtrend or the continuation rather of the downtrend. Or if we break out of the 50 SMA, a simple moving average here, that could be a pretty bullish move where we may be filling the gap up to the 180 SMA, which could give crude oil at that point, a nice seven, eight percent room to run. So at that point, if we did get the breakout, guys, take a look here at UWT. UWT is an ETF that goes up whenever crude oil is going up. So that would push UWT above the 50 SMA as well. That would issue a breakout. And since this is a three X leverage GTF, this one has about a 20 to 25% margin of profit opposed to the 7% that crude oil has to offer. And gold here, the gold futures, we talked about a point yesterday that's very critical on gold here. 1330 was that point, the point of support, we broke that today, guys. And now we're testing the other point we talked about in yesterday's video, which was the 50 simple moving average support. And if we break that at this point, we're going to be going down to 1320. So I would say at this point in time where gold is is a very critical point as well, just like crude oil, it can go to either two ways here at this point, we break down below, that's going to be a bearish move. JDST is going to be a very solid play here. And JDST is going up whenever gold is going off in specifics here. GDX is what it tracks in specifics. So whenever GDX is selling off, JDST is going up as you guys can see, right? And whenever gold, let's say gold bounces on the 50 SMA here, let's say it pops out of 1330 and continues to run up maybe test 1340, that would be a bullish move. At that point, GDX is going to pop up aggressively, right? Because it follows gold. And then Jnug is going to end up doing very well again, as you guys can see, we pulled down from 890 roughly, roughly $9 actually exactly $9 is where we ended up peaking roughly, you know, we pulled down now we're testing the 50 SMA. And this is also one of my watchlist for an impending bounce on gold, if that scenario does end up playing out, right? So those are a couple of ETFs here that I am watching this morning, now that we are seeing some real time action, as they are moving here pre market hours, it's always interesting to make videos when the market's actually moving, because most of the videos I make are after the market closes, like about 6pm, 7pm Eastern Standard. So a lot of the time the market's and stuff's kind of cooling down at that point, right? So let's just talk about quickly here, a couple of stocks that I'm watching in particular one that someone called out in the group I forget who it was, but it was McDonald's stock ticker symbol MCD and MCD, this is a stock that's been on an absolute tear over the past couple of months guys take a look from 160, all the way up to about 206, that's about a 20% move in one of the largest businesses out there, long lasting businesses out there. It's crazy to see a quote unquote value stock move 20, 30% in a year when that's not really typical of these stocks, right? Because these are, you know, like I said, they're not growing as heavily as some of these growth stocks, which grow their prices, their stock prices very quickly. And it's kind of surprising in my opinion, honestly, but McDonald's nonetheless is a very amazing company here that we topped out at about $207 per share. And notice how over the past couple of months, it's obvious that it's been on an uptrend riding all the moving averages, making higher highs, higher lows, all of that good stuff. And now we notice how we pull down, and we're holding that support, which is the 50 SMA, which has been a support over the past couple of months. So this is a very good sign here. And we're getting the gap up here pre market, with about 15 minutes left. It seems like if we go on the one day one minute, we are trending up here pre market up, you guys can see it, we're at about $202 or something something like that right around that area here. So if McDonald's does end up pushing here, what I'm going to be watching when the market opens here is McDonald's going to continue this push. If it continues this push, that tells me that the bounce on the 180 or rather the 50 SMA has been confirmed. And that would be a good entry point in my personal opinion, if it continues to rally. But let's say, you know, we get a pullback at that point, if we get a pullback, what would be a good entry point there would be a retest on the 50 SMA. If it retests and bounces at a higher or low, that's actually an even better entry point than the first one that we talked about. So those are just a couple of things that I'm watching here on McDonald's, it offers about a 2% profit here margin. And it's just been doing very well over these volatile times that we've been in. So this could be this could very well fill that gap guys. So those are just a couple that I'm watching in terms of stocks and ETFs, maybe Tesla let's see Tesla's at a point in time now where it's gapping up yet again, seven points here pre market putting us at a point where this is very interesting guys because I've been saying like when Tesla breaks out of this 180 SMA, that's going to be a pretty pretty good factor for a breakout. And if you couple that with a positive change in the narrative, this can go to $300 per share again, I believe very quickly because think about it, if we get the technical breakout, that's a very good confirming sign on the technical side. And if we get good an earnings report model, production models come in very, very nicely, they turn a profit or something very positive that changes the narrative, that's good on the fundamental side, and that can end up blasting off the stock, which I'm personally waiting for. But at this point in time, we haven't gotten any of the positive news yet. So I do expect Tesla to get rejected here, maybe for a little pullback, maybe for a really big pullback back down to the 180s, I don't know if that will happen, I don't want to call that out. But the R side is a bit alarming right now, the runs been a bit overextended. And again, if we don't get any positive news at this point, I still think Tesla has more downside here, at least in the very, very short term, I'm talking up until the next earnings report, right? So let's pretty much it for today's video guys, I hope you enjoyed it, I'll catch you all in the next video. Let me know how you end up doing today in the comment section down below, I would love to know, let me know what your opinion is on the stock market right now. And what are you doing? Are you buying up stocks? Are you selling? Are you just staying in cash? I would love to know. So drop that comment, leave that like if you enjoyed the video again, it supports me a lot, subscribe to the channel. Thanks for watching. Peace out guys.