 What's up guys? Happy Mondays. Crazy week today. We had a big drop in the market this morning, but we're seeing some recovery now. So we're actually positive for the day. S&P 500 is up 0.28% compared to Friday or so it says. I don't know, is that true? Yeah, that's true. It is. It's also back to the pre-market highs almost. R&B Niko, how you doing? That was up 2.9%. The NASDAQ being one of the biggest gainers today up 6.63%. But it's also been one of the biggest, you know, anyone in pain. So it's a drop the most. So let's look at the market bubbles. Wow, things are over the place. GPS went up a lot. The gap went up 7.9%. Probably moving up with the reason that Coz got bought out. Boys locker room. Boys locker room. What's up? Crazy day indeed. Market was all over the place. So we have gaps of 8% today. I don't know why Coz isn't here, man. Coz must be up so much that it's like it can't fit in this chart. Coz got to buy that buyout. I think it's...let me see where it went. It's $63. Buyout price is $64. So never seen such confidence. T-mobiles up 5% for the day. Home people is also up a lot. Went from $350 to $363. Bath and Body Works. Bath and Body Works is another retailer that they think is the same sector as Coz. So they're getting that move. Ultra Beauty, Caesars. Best Buy. Is this the bottom? Microsoft. Wow. A lot of strong moves today. What's up, PB? How you doing? Yo, what's up, Mass Appeal? What is going on? Everybody is shook. That's what's going on. MassAcella. Hey, what's up, Annie? Welcome to the Discord. It's gonna be a little tricky, so make sure you watch some of the videos on YouTube and how to use Discord and stuff. Wow. So it looks like a lot of things are almost finding bottom. We're seeing a lot of reversals across the board from Facebook, Amazon. A lot of things finding the bottom. From Google, even Walt Disney's, Apple, Microsoft. Strong bounce off the bottom end. Look at that bounce. 280 to 296, right? Even Tesla. 850 to 930s. Holy smokes. Unreal. Activision is the only one trying to actively scam us. Closing under 30s. Just to hunt all the stop-loss. So you're a scam-activision. Not falling for it. Even Netflix had a bounce on 350 to 3D7. Wow. Everything had a really strong bounce today. This is like the kind of bounce where we were conditioned to when we think about the buy the dip. So that's the market. Let's check out the... check out the earnings report today. I've never seen anything like today. Wow. I know, right? Kip is crazy. Good afternoon. Mandela asks, do you think this ES pump is a bull trap? That's a great question. So I posted some scenarios. We'll run through the scenario real quick. Man, look at that. My alerts are going off. Everything is a buy the dip. Q-T-E-L. They make COVID tests. Really discount if we get here. Let's see. Let me see. Why did I write that? How big of a discount is this? Oh. I wrote that if we get here to 2020 level, this is a real discount. But I don't think it hit here though. They only hit this level. Wait, why? Why that alert came off? The $82 the real discount. $100 is still like pretty good though. I mean, it's still pretty good discount, I guess. Still pretty good discount. Because they're going to make little money from COVID tests. I guarantee that. This next earnings is going to blow off the waters. But let's go to the scenarios. So I guess they're near number one over here. 2018 drop, right? We got the same where we dropped 20% move from the top of the spy here. We had a little double bottom move, kind of like we're having right now. Like a little double bottom move to kind of trap the bulls because it had to drop. Double bottom looks super bullish. And then we thought we're going up, didn't go up. Instead we just went down further. So had a nice little 20% correction. No relief rally just kept dropping. And then we started moving back up. So it feels almost like that now a little bit. You know, we had a huge drop. We're starting to fall off here. We're getting a little bit relief rally, but I don't think we have gone to the point of relief rally yet because we didn't drop 20%. We're only at 10% today. So right now we're at the 10% drop. I think that's around 20% will be around 380. 10% is around 425. I know this because I did the math on this a while ago on the 10% drop. And I had a short to that 10% drop. So where is that short? Right here. So on January 6th, I had thought that we would possibly get a 10% correction by March at some point or another. Obviously nobody could have perceived it coming so fast, you know, before March, but I thought, you know, probably get one sometime before March, you know, getting that 10% correction that would target the 425 area. So that's kind of where we had today. We had 420. We were on the 425, 420. We pulled the inverse head and shoulder and then set up the bullish move to the upside. So that's one scenario. If we just rally back hard, maybe on 10% corrections instead of the 20%. The other was that this is just how we leave rally, kind of like over here. We had the COVID drop. COVID drop from 337 to 285. 285. That's about 15% drop. Yo, actually we do kind of have 15% rate. What do we have? 408. Nah, we're not at 15%. So during the COVID drop, we had a big drop, 15% drop, had a relief rally back and then trapped everybody and it just died so hard the next whole week to down level here. So this is a possibility. History doesn't always repeat itself though, but just some food for thought. Let's go over some earnings. IBM. The way the market closed was more bullish. We'll see if we can sustain this. Yeah, the way the market closed was actually very bullish. IBM run. What's up, Delboy? Everyone, Delboy 7000, when you have a moment, all these 700 puts, thanks to price to where it belongs, but not sure of course. When is that put? How long do you have that put for? Let's look at the earnings real quick. We'll take a look at spy analysis. We'll take a look at spy analysis in a little bit and then we'll take a look at Tesla and some Bitcoin as well. I got you guys. Let's check out this earnings that we're waiting for. IBM. Earnings per share is 3,035 cents. Beat estimate of 314. Sales is 16.7 billion. Beat estimate of 1,606 billion. Since this is a 61% increase compared to the same period last year. Right, so last year over here. Last year was trading 113. And sales is actually 18% decrease compared to last year at 20 billion and 20.37 billion. So last year was trading. Last year in February was trading 112. So margins is good, but sales is bad. Year ended 2020, 2021. They made a little bit more money than last year. Barely much. Barely much from last year. 5.7 to 5.59. This is something to really write home about honestly, but they're up 7% probably due to the whole market rally because it didn't rally as much today because people were shook. See what else we got today? I par. I think people are expecting J-PAL to bail the market on Wednesday. Yeah, that's true. So this week is going to be the first day, first time they meet in regards to the monetary policy. And that's going to be interesting. So depending on what they say, but they already wrote out the narrative. They already said what they were going to do. But I guess market is pricing in for a possibility that they will turn around, do a complete U-turn from what they said. But I don't know. They already said what they wanted to do, which was raise interest rates. They may clarify whether they're going to do 3 or 4, but I think they already pretty much said what they wanted to do. Feeling my bones. The trap. Is BTC a bull trap or what? It could be. We could bull trap to that $37,000. I wouldn't be bullish on Bitcoin until we get over $37,000. Did we do that yet? So we're back. It's natural. It's natural for us to back test the trend line, right? This 3730A area. But if we can't break that trend line, then it would just go like this. So that was a strong resistance there. Bella says all my puts are down. Sorry to hear that. Did you take any profit at all? Yo, were those the puts that you picked up from Friday? I mean, the cause? The Spy 470 cause. I remember you said you picked something up on Friday. And then we saw Bitcoin crash and we're like, oh no, you're doomed. Hope you had a chance to close them. What's up, Spindle? How you doing? What's up, CG2K? How are you? Crypto having huge bounce on the same day. Actually, crypto had the bounce before... Crypto was bouncing before the market bounce, right? Or no? Let me see. Where's the crypto bounce? Oh, actually... Yeah, crypto bounced before the market bounce. I remember looking at the crypto bounce and I was like, yo, this kind of sucks. This could carry the market. So, market started bouncing around market found bottom at 1240, right? But look when crypto found bottom. Crypto found bottom this morning finally confirmed the reversal around 1040. It's like, if we were playing a game of high and seek and we want to give each other signals and stuff, I would be like, yo, Kip, crypto bounce. That would be like the signal. I would just run crypto up. Spindle, did you short the VIX? As well? Huge... Damn, I could barely cover... Patch up to the comments, man. Nice, Spindle. How much Bitcoin did you get? Yo, there's no way... I mean, there's no way they're going to do 7th rate increase in a year, though. That is crazy, man. What is with this crazy talk? Relax. I could see us... Now, the worst case, though, I could see him do 4 rate increases, but I can't see him doing 7. The worst, worst case would be if Powell well does a 0.5 basis point, like 50 basis point increase. Damn, sorry to hear that, Bella. Gotta take some profit. Oh my God. That's how much it puts us today this morning. Very nice. I mean, historically, DraftKing was pretty bullish on Super Bowl, but man, they dropped so much. I don't even know anymore. It's hard to say. We can check the charts. Wanna buy the dip? You could buy the dip, but when you buy the dip, try to buy the dip on safe stocks on things that are reasonable, right? But... Also, don't buy the dip too much. Just take small positions, look, if we do get a strong bounce out of this, like we're getting now, when you buy the dip, it's gonna move a lot, but if you buy the dip too much, right, and then we don't bounce as well, you're gonna be in a lot of pain. Good question. Let's take a look. Oh shoot. Very little. I used to have this site that would predict the rate increase. I forgot what site I used to use, because I haven't looked at it in such a while. Was it this? Maybe it was this. Maybe it was trading economics. So... So, 2016, we were sitting pretty low, like we are now, because the market had crashed for so long, and from 2009, it took forever to recover, right? So, if you look at the stock market from 2009 to 2015, it had just barely... Look, let me show you here. So, the reason they took so long to raise the interest rate, last time was because when we had the crash from 2007 to 2009, it was a major crash that took a while to happen, and then when it did crash, just for us to come back to this top levels, right? For us to come back to this top, it took till 2013. So, it took till 2013. Market was still like, wasn't too crazy. The market didn't really get frothy. But then, finally, in like, 15, 16, it started getting frothy, right? And that's when they were like, you know what, let's raise the interest rate. So, we had some uncertainty there. So, they started jumping the interest rate in 2016. So, they started jumping the interest rate in 2016. So, they jumped the interest rate in 2016. They jumped the half from from 0.25 to 0.5. And then, you know, 17, they jumped it up a little bit more. They jumped it 1, 2, 3, 4 times by the end of the year. So, they jumped it 4 times. That was a pretty big jump to and then by 2018 to 2019, they jumped it a little bit more to 2.25. And then, as we were starting to feel the effect of the trade war as well, they started to move it back down a little bit and then COVID happened and the bozos just dropped it from almost 2 points to 0. So, this was the 18, right? 2018 to 2019. So, that was like at the end of the drop, we had a big move. Since 2018, we started increasing from the beginning of the year to the end of the year. And then, from the beginning of the year, we had dropped a little bit right there. And then, at the end of the year, we ended up raising so much interest rate. People actually saw the the impact of it and we dropped some more. How much did we drop at the beginning? So, 280 to the low of 253. 10% actually, 10% drop. So, you know what? That's a great question, mass appeal. So, if it was anything like this, right? We had that major drop, huge rally back. Drop again to test 100. Moving average. Rally back up again, just a lot of chop. And then, drop to that super bottom again. Trying to set the double bottom. Another rally back to the 100 moving average. Another double bottom setup over here as well. I'm testing the 100 moving average one more time. So, I guess this is where it's shaking a lot of people out because historically, people are looking for them 50 to 100 to hoe. And once it doesn't hoe, it's kind of put in various territory. Drops like these. Signals across over. So, it could look like a death cross. But they would stop it just right before the death cross. So, based on this whole thing here, I think this is actually even though we ran those two other scenarios, I think this is most likely what's going to happen. We're probably going to get something like this now that we're looking at it again. So, we got to expect a lot of chop this year, man. Expect a lot of chop. And and just, you know, instead of like, if you have $100,000 account, don't play more than 25 or 50,000 at this point. Just be very careful. But, you know, I wouldn't want to short the bottom too as well. Should we ape into cause? Well, so I posted the market outlook. I think there are some stuff aping into cause, right? But then there are also some stuff that I'm just extremely scared of. So, Sean, you're actually the one that gave me that sheet where, you know, we looked at a lot of stocks that was extremely, extremely overvalued. And we looked at a lot of stocks that was like, you know, or the sheet carry a lot of stuff that has high PE had like, you know, 300% move from 2020 or 2021 and whatnot. So, those big movers I probably wouldn't want to touch, you know, but then things like financials like JP Morgan I'll tell you why I'm bullish on financials. So, when I look at things like JP Morgan, you know, this is a, it's a bank, it's a strong company, right? We just touched the 140 level today, right? We touched the damn 140 level today. And the reason that's so important is because look the 140 is how much JP Morgan was worth before COVID happened, right? And if you look at their financial, you look at their books we'll pull up JPM here. We're not even like doing the hard dig, we're just doing the easy quick dig, right? We're not even like looking too deep into it, but the thing that sets JP Morgan aside from all these other companies is that they're involving a lot of IPOs just like Goldman Sachs, they're involving a lot of these faulty things that the market does, you know, and they make money off that. So, when COVID happened, you know, they had a bad quarter, they had a bad quarter in March, right? And they had a, you know, a minute quarter in June, but god damn, look how fast that we cover those quarters, right? So, you're looking at numbers of previous years versus like, you know, the quarters of 2020s and stuff and see how fast they recover. And then you can see on the bigger picture, right? They were making $34 billion as opposed to the year before 2019, they went down a little bit in 2020 and May 27, right? But collectively between 2020 and 2021, they they probably, you know, plus 46503, divided by 2, right? So, collectively in these two years, they have made more than, you know, in terms of the medium compared to 2019, right? On a two-year basis, they're still doing pretty good. So, because of that, I think they're actually one of the few stocks that I would consider to a certain extent, pretty reasonable value. Does that make sense? Yeah, gotta trust those goodies, man. That plus, right? Yeah, we do need clarification from Powell, for sure. For sure. Oh my god, Spindle. Oh my gosh. Oh my gosh. You didn't just say that, man. You didn't just say that. Spindle says, I feel like they need to induce a recession to deal with inflation. I told this to my friend and she was like, this is not the 1970, goddammit. Oh my gosh, bro. Oh my gosh. You don't want us to go into recession. If they forcibly jack the interest rate that much, if they forcibly jack the interest rate to 3% or 8%, I think they did this too. There was one point back in the days where they had jacked the interest rate so much, holy smoke. This is what Spindle was talking about. In case you guys are not familiar, this is what I'm saying. Oh my god. This is what she's talking about. Back in the days in the 1970 and 1980s, the interest rate was 5%. 5%. They jacked it too. They had this crazy fat president. I mean, I'm not necessarily crazy, but he has his own beliefs and things like that. He jacked the interest rate up to 20% at one point. Holy smokes. He jacked the interest rate so bad that people started to suffer, man. Oh my gosh. Oh my gosh. I know this because I was looking into the interest rate situation and everything last year and I remember reading that crazy the crazy stories of that time frame. So that's what Spindle was, man. Oh, smokes. Thank you, Spindle. Oh, man. Crazy. So nutty, bro. So nutty. Alpatrong. That's it. Sign up xTray on batcoin. What does this do? It's a whole other language, bro. But thank you. I have no clue what I'm reading, but thank you very much. I appreciate it. Oh, man. Bank dividends. Yes, sir. I mean, that's what everybody in the market is saying now. Believe it or not, three months ago, we actually heard that, you know, I don't know about you guys, but when I was reading the news and things like that, I have heard that from Morgan Stanley that they expect to see contractions, right? In 2022, they didn't expect Spindle to go up so much, but market was like, oh, you baloney and they just kept going up, you know, but this was like one to two months later. So they already released those news and stuff fundamentally one to two months ago and market didn't listen. They kept running. So now we're getting the contraction and everybody's getting hurt. So I don't see why not, you know, I think I think as we're coming back to the fundamental sense, like we already see a lot of tech stuff drop 50% to 100% you know, from like their prices from last year. So I think it's a good idea to look for a good fundamental place that makes sense. No, but I like Spindle sometimes. I was just messing around. She did raise a good point. Like inflation is really so crazy. You know, I think she's just joking like inflation is really so crazy that that they have to figure a way to smack it down, man. I guess my parents paid that, but they made it. Inflation is good if you like I mean right, like if you have high interest rate is really good if you're rich and you have like Mac cash stacking around, or if you're like working your ass off and you're stacking cash in a bank, that's good like interest high interest rate is good for you. You know, but like as of right now when things aren't good, like we're already you know, like technically I'm going to be crazy to say this, like you guys won't believe me because it won't make sense, but technically I'm pretty confident we are already in the recession. I mean I mean tell me how many of you guys are going out there spending like there's no tomorrow, like and how many businesses is out there like balling like crazy, you know. Like I don't know how many people are actively doing that. I mean like there are people doing the Instagram, but I don't think there's a massive amount of people actively doing that. Yeah, inflation is good, but not hyperinflation as well. Oh man So Hibin Oh yeah, houses are ridiculous too. So I mean I guess maybe that's good so people like wouldn't be too crazy in trying to buy houses. We definitely do need a balance though. I agree that we do need a balance Lamborghini fully electric now. Does it still make a loud noise? Starbucks will be closing if we get a very recession. Oh, that's a fact that is a fact Starbucks will probably die. A lot of the consumer discretionary sector will just get blown off like what is in the consumer discretionary? Amazon So vacations, things like that because the service is considered to be non-essential. So if we go into a recession you know what I was actually just joking with my friend the other day. You might appreciate this guys. I was just joking with my friend the other day when we were at the market, right? And you know those noodles man? Apparently Alex said he loves this. You know the Nissan cup noodles? Dude, they're still so damn cheap man. You know I was at the market and wholesale price for this, right? Is not $11.19. It's Markup from Instacarp. But I think it was $8.99, right? It was $8.99 for the wholesale price of this. The shrimp cup noodles or whatever the Nissan cup noodles, right? And how much you get with that? Yeah $8.98, $8.98. This is the price. This is the price. So you get 30 counts for $8.98 that's still 30 cents each. That means you can still have a meal for 30 cents each. So I was just looking at this and I was like yo, these guys do they not know inflation bro? Like what are they doing selling these for 30 cents each still? They should already be selling this at 50 cents a piece. Like if it's 30 counts they should have been selling this at $15 a piece. I don't know about you guys but if I was this company, if I was Nissan cup noodles and if I work for them on their team in accounting or whatever or they're Japanese, they're really from Japan you know if I was there, I'd be like yo boys raise it up, raise it up. They're gonna be like but but that would be a dramatic price increase. Can we really do that? I'd be like yeah we can do that you know. They would make so much money the stock would go to the moon. Oh my gosh man can you imagine that guys? The stock would freaking fly. At what point do they stop? Because they have to stop. You can't keep printing money and putting the market forever because we have out of control inflation. That's a fact yeah. I mean like I was extremely pissed last year that they kept throwing out stimulus checks. I wanted them to chillax with it. They just kept throwing stimulus checks all the place. Yeah it is really bad. We have no work force. Everybody want to work. Everybody want to work remote and companies aren't changing like that. So everyone waiting for piles to say we might ease back the interest rate increase to delay them. You better make money hand over fist in the market because you're gonna need it. He's going to do like seven hikes for this year. Probably roll seven. Maybe yeah. Well I thought they said he was gonna do three this year next year. I mean look man if these students didn't know how to live frugally they should learn now because I think they got, I think people especially students right now and young the young generation right now I'm not throwing share anything. I just don't think that that people really understand what is like to really live as a student anymore because you know like I don't know man like back in the days when I was um oh sickness. Thank you for subbing man. I appreciate you and supporting our channel. So but like for you know when I was a student and stuff and things like that I didn't go out of my way to spend like crazy money buying like crazy ass laptops or like you know or like blowing money on a new iPhone every year. You literally have to like you know you literally had to bust your ass to preserve the cash that you had you know to pay for your tuition you had to work the jobs and things like that like sometimes multiple jobs like I used to go to weekends I used to go to weekend classes because you know that was the only time I could make it to class because I was working on the weekdays but it's tough it's tough man not everybody can achieve that and I think we gotta get back to that basics man for people to understand that economy is good save money so you have those tools easy recession but you do when the company is good but if you do that when the economy is good it's a political suicide yeah that is true like naturally the dairy is we should raise interest rate when the economy is doing really good but people don't realize that though now we're doing it opposite fashions oh yeah that's true that's true I agree with that kid because I mean I mean like look let's say let's say we do math on starbucks right let's say you say $5 a day you get starbucks like what 4 times a week right that's $5 oh no that's that's $5 times 5 that's actually 25 right so 25 times like 52 weeks actually no we're even gonna be generous because you're not gonna buy every week you're gonna buy it like you know some weeks so that'd be like $1250 that you could potentially save $1250 you know man that look like a lot but if you really crunch the numbers these numbers like these add up and you can put them in the right place and it could make sense but that's if you like you know that's when they used to teach us how to do financials and sit there and crunch numbers but I don't think people really do that anymore like that you my friend has more faith in central government planning it's hard to say man we'll find out only time will tell honestly yeah IBM did had a pretty good beat let's take a look so this is IBM's earnings they had a top and bottom beat 61% increase compared to last year in EPS but 18% decrease in sales compared to last year they said they see 2022 revenue grow free cash flow in line with midterm models sees 2022 free cash flow of 10 to to 10.5 billion accordingly so it's going to be a lot that would be very interesting if they can have that much cash flow coming in that means they would have to make a lot of money what else also reported today perfume company also reported 210 mil as opposed to 184 year over year 14% increase compared to last year take a look at that last year company was trading at $60 right now is at $92 pricing up pretty high what else we have reported today home street home street is a commercial bank it provides commercial and consumer loan including mortgages how was it doing last year $35 earnings per share is $1.43 14% increase compared to the same period last year so a lot of recovery from last year as well I think that's pretty much all the big earnings for today no dynamics no real move after hours a little miss over there but still strong increase from last year at $470 stock was trading at $37 100% increase in sales compared to last year still has been in crazy demand so stock price reflected accordingly almost yeah a lot of things doesn't make sense I mean even in New York over here like it's hard to say man even the political parties they can't sell out a hand they don't know anymore they're just all over the place now man they're just too radical on either size like the whole point of them being able to the whole point of having two different parties is that so we can come to the middle agreement and come to things that make sense right but like now they have understand the practice and they just go so far out that the middle is no longer the middle that's what's so crazy yes sir let's take a look at the market that's a good question because I did promise that earlier we would take a look at the market so let's take a look at the short term take a look at the short term market we have a 10 minute chart so in the 10 minute chart we saw a very bullish move right so we got an inverse head and shoulder which is typically a very bullish pattern we got a strong move back to the top of the setup which is right here so this is literally the top of the move right here we got a huge move to the top here at the same time you know what that means we're at the make or break line okay so since volatility is so crazy now we're actually starting to look at the 10 minute chart and the 48 minute chart instead of looking at the half day and one day charts because it's hard to read that far ahead at this point so we're at the make or break here which means if we break above here we'll climb up to the next level what's our next level our next level is right here right so if we break above that we will climb to the next level so next level is right here alright so we're looking at spy so we're at the make or break area right now 440s if we break it up if we break above it tomorrow we have potentially climb up to 456 455 range but if we don't climb from here if we don't climb from here this is what could happen as well we could have something like this where we're getting a rejection off the MOB line and possibly coming back down a little bit more you know and just having another sell off so one thing that did kind of worry me today was if we look at spy I don't know if they posted here but I have the buy and sell from TOS in terms of the MOB I mean MOC the market on close and balance so at 351 market on close and balance was 2.4 billion dollars to the buy side right very bullish signal that means a lot of significant buying into the market today but as we got to 3 minutes before close so this is 351 right 3 minutes before close that 2.4 billion in balance to the buy side guess what happened um it became only it went from 2.4 billion to the buy side to suddenly 2 million to the sell side which means for the whole day we had a huge buy right we had a huge buy in balance we had more significantly significant buying than selling today right but at the end of the day we had the same amount of buying as we had selling in a way because it went to the negative side so big wowzers there started hehehehe yeah that's true most people do really fall in the middle honestly like I would say like anyone that really out there like thinking for themselves they're probably in the middle but there's nobody that represents us in the middle it's kind of annoying what's up Ravi CEO line spy um this is this is our MOB line so it's part of the swing outgo that we have here uh that Xavier want X hubs our side is also very high too so that's on the 10 minute chart right we can make a break there we can either come up here or come up here so it's gonna be a very very good area you could potentially run strangles from here um if you run the strangle you will take longs from 440 to 455 right um looking for a revision back to the upside here and then if you and then you will have another short side looking for a move down um the way the strangle would pay off would really be if you know if you're really making a Y size move but I think you'll pay off even more because if this ends up being a trap right that what does that mean that means the the short side is going to go even further than 420 is going to go from 440 to 420 to watch out below you know um so this is going to be a good opportunity there for that bitcoin let's check out bitcoin so so the quarter day chart um is looking looking a little bit bullish as well strong move very strong recovery as well almost like a v-shaped recovery so kind of like over here but you know naturally we sold off so much we have to have some of a v-shaped recovery the question is can we really revision back to 450 even I think tomorrow morning we're actually going to see the move I think this is going to I think if we don't reject here I think I'm pretty confident we might reject here because if we don't have that rejection then we're actually going to move to the bullish side but if we do have the rejection then the bearish trend will stay intact because if we do move above that that line that we're looking at the 440s if we move about 440s we're going to see crossover over here on the money flow side um this is already crossover so if we move about that we're going to have a crossover we're going to confirm the reversal on the daily which means if we confirm the reversal the daily we could potentially come back to 460s even so that make or break is going to be big tomorrow watch out for that big make or break tomorrow this is going to decide so it's definitely out of area interest area to play both sides you can play either sides if you hit it if we hit it just just be mindful of the price targets play both sides we're either going to hit 420 or we're either going to hit 455s let's take a look at bitcoin so our patron jr. says day candle at btc is bullish hammer by entrusting it greek hip it's a farce so it's in canada what's the situation in canada hey what's up man we did check ibm it was um had a good beat we got him damn kip you're like perma bear right now kip is perma bear now did it really oh we don't even have it here oh yeah pick prices are going up get your porcs boys get your porcs you know that's the thing with j pow we can never actually expect him to do the right thing like we've been wanting him to do the smart thing this whole time so that's actually a smart decision if they were to you know to follow the other economies but i don't think j pow is smart enough to follow the smart decision because they also didn't try to also raise interest rates too as well before we did so if j pow were to follow them he would actually be making a smart decision at some point and he's just too ape for that man wishful thinking oh look bitcoin just got rejected oh no that was on 10 minute we haven't gotten the manger rejection yet up here that's where we're looking for but anyways i'm gonna end it here guys we'll be back here tomorrow at 4pm to check out the other earnings um like microsoft martin um 3m and then i think we might try to lotto some place for microsoft we'll try to lotto some place for for for maybe tesla um and then we'll try to lotto some stuff for apple this week as well in the challenge account but we really gotta sit there and figure out a place for that man because things are so crazy right now um sometimes if things are too crazy it's too hard to read you know you it's gonna be tricky to find the market direction but that's it guys thanks for stopping by and having a good night i think we might have another event going on today as well this court not sure but make sure to stop by and check that out um thank you guys take care