 Good morning everybody welcome back to another stream. Hope you guys are doing great Without further ado, let's get started So yesterday it was an interesting day looks like a lot of fun. We'll sort of seep in to our sort of creating self session The advice for yesterday was a mix of bag We had sort of two possibilities one we sort of go up and come back down But look now we sort of trade it yesterday. Hey, hey Look how we sort of traded in the sort of a pre market. You can see that rise here. So we're expecting that fall We saw that collection of cells here, so we expected that rise Then we send up falling all the way down again We're coming back down and ten o'clock hits here And we're like, okay, we're trading down So we're looking forward to at least sort of take out these highs here take out these in terms of points there Then we come in and slam up So the advice was straight high to this area here But ends up overshooting for some reason and that's what we really off guard First of all came in we're already we're already up here. I think can you miss it essentially? Then if you're in the midst of the long trade, you're just waiting you wait for that short trade because it is Is all pinning into these highs here. You can see that You can see where you have that collection of longs coming in and you have Traps perhaps and each trap being lower and ultimately leading into a nice little outside structure and then pulling away Retest the 50% so if you want to go along you probably trade along here from the week Pays back up Just sort of captures some liquidity and just again same thing here We're just trying to get as much long as possible before you inevitably stands back down Which is missing in the day before the Shoot it up from nowhere Yeah, that's a thing Again from here to here. Yeah fair enough fair game You've got that warranted from here to here and not really warranted is it? Shows it's kind of just like okay This is why I say just get in the right direction. The rest will figure itself out later Like you get surprised by how how much it moves but like then the day you're in the right direction So you're like, okay, cool. I'll take it This is not too bad if I say so myself But I mean if you're comparing it to what spy did I mean an open you had to sort of that high Straight it back up. This is again what I'd expected out of Bitcoin coming in It's just coming back into this area Whereas Bitcoin just overshot gave you a nice little high double top and just stayed Stayed relatively high. Whereas this just went up As intended came back down slam by down and was still trading to that down And you can look at the overnight on ES as well. Same thing where you just bounce Came back into this area here straight it back down In twice we just look at that as a resistance. We have that up with Potential then it just came in comes back down. I Think we might continue to solve that selling off But if you how all coins did yesterday as well, then it was basically flashed a price Then came back straight down to hell Which is just nice at least Flashing prices I mean, there's nothing so new so that's just a support so Bitcoin I mean, it's just like a bunch of formal I don't think anything to Significance keeps it off as this high so again just looks like it was Just a cascade of people just Buying in then just getting instant regret from this and buys remorse instantly. I Mean now we're back into this area here. We're just trading into that short area We're looking at this and just saying okay cool. It's all to have this shorts here. We're trying to push it back down Trying to push it back down further and further also want to see if you can finally drop a head of sort of anything so I mean this Not really the prettier side but There's again This little This one ends up going to this again. It just doesn't look very pretty I mean We're really being pretending. There's your M here. There's your next point there Trades there pushes back down. See if we can take the lows here I mean Bitcoin. I mean doesn't look really too healthy. I mean again, just paying to that 50% cons back up Struggles at the top chaps longs and same thing here That clear sort of divide Sort of in that price. I mean you have a bunch of short here, which slowly gets liquidated Slowly gets liquidated on these things. But again, these are still within the market and Everything here I would say still within sort of Trade distance Anything coming through I think it's broken. Okay, let's reset that Do your hockey while we wait for that to load in I will get some other things. I mean nothing major. Let's see Brutal close for the stocks of Dow Jones 500 points To stock for this good to gain them Very low on near the edge What was this? This is about 20 seconds There's a long time ago. I mean, what do you have he said events on concluded next bubble uh Let's just basically want to buy The thing with the bubble Another bubble has emerged courtesy of bank vector crisis, which has already Failed three us regional banks Bank of America and this led by Michael her net Then money market funds are new hot asset Oh money market damn The hell that's insane They point out the assets under management for money funds that exceeds 5.1 trillion Up over 300 billion in the last four weeks They also counted that the biggest weekly flows to cash since March 2020 biggest Six-week inflow to the treasury ever ever The largest week outflow from the investment guide bonds since 2020 That's a nice thing about like over like massive sort of crisis recession We sort of mellow out here and just out of nowhere boom 3 trillion just comes into the market. It's out of nowhere. Oh god damn Uh, last week's times, uh money, uh money market funds asset surge was oh eight in 2020 Fed reserve slash industries and it says the market stopped panicking when central bank starts running And you know it's surge in amounts the funds fed discount window borrowing has historically Accurred around big stock market lows Loads in there. No Why not getting data for this? Oh wait, did they go for it? There we go The hell actually what the hell And time and inflation type market not just in the u.s. But other International nations remains very strong bank america counted 46 industry hike this year including Including by first national office rescue of credit sue last week according to According to the bank of america team They used to sell off The last interest rate credit and stock markets are too greedy for rate cuts not fearful for a session They say after all when the banks borrow from the fed in the emergency they tighten lending standards Which in turn results from less lending and the less lending to small businesses Optimism Which eventually cracks the labor market interesting read I think I don't think I disagree with them So when I counted trade it Whatever they said, I just so bloody want to counter trade At the same time, I don't think I disagree. Uh, it's definitely sort of a scary situation most investors just I don't I don't really you don't really hear the whispers of recessions. I mean you hear every down again from people but broader sort of market just Has been quiet off Of the possibility of a quote recession I mean then we have banking collapse. Thanks collapse, but That's just more to do is mismanage funds and Anything but that just I think speeds the That just speeds the sort of uh, inevitable scenario that we end up looking for ourselves to go to I mean since the high You want me to turn up the audio Sure, there we go Is that better? I mean since the high in 2020 I mean it was slam and recovered. I mean we've been sort of in that downwards trajectory And we had that injection of liquidity and caused people to try and trade that Long again, this was just a shift to make people sort of Have renewed interest uh over here. We saw a lot of retail traders come back into the market So this is where we got retail traders back into the market Uh again, then we sort of pushed pushed them at instantly out of the market Then pushed pushed the market up to catch them again Then now we're coming back down again. It's a nice little double top on this weekly. We can easy Look at this and say So it's a nice nice downwards sort of spiraled That we can create for ourselves in the long term But looking for that to be weak And just never to be sort of push itself And hopefully by that time The economy just fixes itself. So this is again just been consolidating and so Suspended we did Uh cool I know they was just uh stopped The uk suspensions. I mean the uk withdrawals and uh deposits But generally I think preparing preparing for a worse off situation is that is not the Uh Not the dumbest idea All things considered the thing you're going to take that into account Uh, sure, I don't like when news outlets are bearish because it just makes me want to counter trade it But if they're making sense You just got to make you just got to figure that out that definitely making sense Uh We already know he's not our friend Interday composites of this Oh, they made a chart out of it That's insane since it's changed from prior close Oh, hell, yeah, that's amazing. You can make data out of everything Now you guys can look at that in your own time if you just so desire Okay now back Bitcoins and the bitcoins and the bitcoins Ah, this is future is not spot Okay, so looking at this skin. You've got these longs coming in you've got these longs coming in here to stop Bunch of sort of short like we're just here that needs to be squeezed out So we might squeeze those guys out All things considered Yeah, I just want to have a spot as well Finest USD not found. Oh, okay Okay Uh, that's that's something new Did they change the ticker? Yeah, uh, let's see. That's not pretty nice. Not yet No, okay. So look look like but yeah, we're we're we're totally dead I mean by looking at the futures. It's just nothing so to uh Ealing, I mean you got these bunch of sort of longs in the market that got rid of We got rid of then once these longs came into the market We started uh undercutting them with these shorts. You can see these shorts coming in now this entire area here is short But we want to try grab those shorts here. So these ones will probably be liquidated here So the next ones levels are looking at here So we're looking to go into these areas and try liquidate these shorts again It's just the same old thing wait for the range to set up see various sets up if it sets up here It gives you a nice little double chop 10 which takes out the liquidity here 10 pins back down. That's your short Like we said here if it ends up going high We're going to go down if it ends up going down go high essentially because what it does is 9 30 comes along These guys trade short as it goes down But which we trade the opposite way because we see 10 o'clock. There's your there's where you want to look at We see that's already a setup for a double bottom So there's no need to wait for that double bottom. So we're a lot safer for instance here I mean this is just a straight curve up. There's double stop here But after the 10 o'clock we start looking for those stop lines We start looking for those things to make sense Rather than blinding blinding buying on markets open I mean now Again, we're just keeping these shorts under water from the looks of it We're just trying to try and squeeze these guys out. You can see It let everyone down into this sort of downside and we're sort of making these uh Red candles then we turn those candles into wicks Into doji's both when you end up leaving those guys trapped So we're trying to look for uh price sort of push itself higher to try and uh Try and get those guys out of the market entirely Because we have uh the bills to do it, uh It's just now can we do it or do we want to do it? Because having the bills to do something again Doesn't necessarily mean we end up doing it I mean you can see that you have these longs here I mean we're creating these three highs here, but generally we want to see it Have another sort of rise until sort of 10 o'clock We haven't really seen uh too many stops get taken. I mean you've got these guys taken But you've got these higher points here then you still are untouched I mean and we still have time and that's the major thing You have time to take these stops out and you can see once we sort of head out higher You see a lot of profitable shorts that are in the market Uh that can easily sort of uh take advantage of a day like this So we want to see those guys, uh get liquidated at the most part But you're gonna come here. We're gonna try to get these guys off completely out of the market Try to push into there try to add longs through this entire sort of curve here That's what you're looking at again. You've got this nice little triple top It's coming in a bit if not my liking. So I don't think it sort of holds Too much merit until uh, we sort of clear out the inventory then we can sort of push right down Because usually people will trade this in the flag. They see this like, okay cool flag They buy the breakout here So we know there's an injection of liquidity to be had there We can easily look at that and just say, okay We're just grabbing as many shorts can within the range pull it back up Once we get our confirmation of stop on we can trade that down I mean Worst case for us is if they come down and just say, you know what it is to come down here Okay, they do the same thing yesterday that they did today I mean, they do the same thing uh today that they did yesterday When they trade that sort of area uh short but We're creating that double bottom if we sort of break into this area here break it out so So look for lower stop hitting way lower then ultimately sort of trade that back down And instead of getting that nice little high stop get a little short stop here But I think the former is a lot appealing just looking at sort of this here. I mean So pushing that out grab these guys out here It wants to be there long Let's show back down Nice little easy way to grab liquidity again We know all of this guys all these guys either Out of the market from these longs or sort of I just went into uh this area short So expecting Somewhat bit higher out of out of today I mean if all things even I mean spiders still sort of same system sort of looking at going to the hour We can see where it's potentially going to open up at the night. So it's already opening down You can yes is I mean yes is trading a lot higher Uh I for Jesus disparity But I mean you can see that we're sort of trading down already We want to see some sort of rise high try grab some liquidity We'll see if they can reach into here. So that'll cause bitcoin to go a bit more higher We'll see what that ends up entailing if once they come to that end of just rejecting off of this Promise and just go on continuing back down into that sort of downward spiral that But that would generally mean for bitcoin is it takes out the highs and we look at that We look at potentially yes as that confirmation that okay cool with it with whilst we set it up We're just looking for it to take out the highs Maybe we overshoot like we did yesterday and then get that massive cascade of liquidity but looking at that is just sort of Very very blocky on the hour. I mean you can see this sort of set to here and this over here just like a very very much cluster of intrusion Uh, but easy to say that we can sort of Try and climb above this and go up into these sort of highs or prices Generally speaking nothing's over interesting again Nothing's over. It's becoming our today durable. Good. We've got a fed bull out speaking Puzzles again Nothing real concrete Should affect it anybody too badly We'll have some Have a look at some old coins while we wait for bitcoin to determine Termin what it's going to do with this life Uh, I mean these old coins are pretty much at the same stage bitcoin is that where you just come it came back down to this area support took out these points here has has an opportunity to go up higher to catch liquidity If you look at this here from here There's where your liquidity is when uh, we'll be breaking into here. That's making grab longs Grab stops at the same time grab breakouts On top of those uh shorts getting liquidated Uh, and then from there with an easy pull back down Again, exactly the same thing. You've got a nice little steep curve that people are looking at. I mean if we And say go there's your long-term trends To hide all the drinks That we cannot do but believe it Do as is you can see every time we sort of break these lines we grab we have these injection of liquidity from breakout traders coming through Uh, again the larger one being this You don't see we just come back in with these uh traders trade low Uh, but see the most recent one would probably be around here. Nice little steep one as soon as we break that your stops will be here Your stops here, but this is when we start getting breakout traders buying into these Areas and helping them break other people's stops It just becomes a nice little vicious, uh, vicious little thing for people. Hey, this is just so messy uh Curve, I mean little things ahead of the curve Where it's just already sort of traded that into this area here It's just now we want to see it. It's already sure it's already got this upper liquidity that for a nice little resistance And traded to but generally again the same advice as everything else It's just looking like it wants to trade down just at varying levels It finds itself Same thing with dot you've got this support that we found yourself in Pretty much looks very weak. We've got the we've got the ability of rejection upwards if price goes higher we've got sensible sensible Point to look at that price to go and be rejected at And from there we just go and fade back down looking at Salana In exact same story and we like it when everything has the exact same narrative because it just means everything Uh, we'll just move together make trading a whole lot easier Uh, after sort of the spike just traded for our zone Hands back down again. Our sort of levels are here You got this area here for Salana Again, that's where you grab these stops can break out stock coming in from here You just see uh, you just see a sort of uh stack of liquidity at the top of each other Kind of stagnating here, which is uh, not what we want to see got your lungs You got a mixture of shorts as well. We want to see more short stacking And once those stack in we can just push this market up higher hmm nothing else I really care too much about I mean Same story here again. Everything has the exact same story just makes life a lot easier Uh for us, I mean if you just look at us all the way this is coming in as a very sort of steep steep sort of line in this also there's just stops so Further you go out more All longs you'll have on the cascade on top of each other until you hit this stop here You're looking for that But I mean you've got that prior area here. I mean this is already sort of falling out. It's a nice little expanding little wedge that I don't know people would trade uh, both sides of It's up there. You don't know who it's Okay, they're gonna be they're gonna be long here short sort of here on this sort of break Uh, but generally Look for its target sort of long because we've already sort of took out these stops Nice nice little stop hunt nice short little rise See how far we get out of it See if you just stop here or if you go and actually greed for these stops up here then pull back down And just looking at levels and like, okay, what makes the most sense Prepare ahead of that Then once time comes you can execute Ethereum Held up surprisingly well yesterday all things considering Uh, didn't hit the monthly which is a nice little surprise For us just sort of slams up high just takes out all the liquidity Again off of the back end of bitcoins sort of scan pump Then actually outside structure then completely nose dives low recovery Again, we have that extra little area we can look to Afraid to push up into before sort of dropping down But generally I think consensus will be a lot further down You can see that where we have this volume coming in is at this sort of top area here guaranteed to be sort of trapping previous shorts Into being liquidated and grabbing new alongs to then back on top of other other sort of shorts Well, it looks very boring right now. And I think it's just so early in the morning. It's just not really had this Had this time to make up We can have a look at all the bond Nice little cut. It's a nice little correction. It's sort of correcting itself to the way we want it So we want government bonds, uh, then it should be down Sort of clarification number for us to the environment to push up Uh, again, this Shop drop downs usually wearing coats usually when we have shop drop downs. We We get a bit crashy Not a bit crash. We get we get a lot get crashy Until until we sort of correct ourselves again. We didn't uh If we had the basically the crumb crumb ball amount of sort of fast drops Yeah, so we want to see And to be honest, it looks exactly the same. We have banking, uh Bank related walls past moving, uh, sort of once that's people rush out Uh, then we'll have a period without a recession. Then we have a period of low interest rates Uh, and Then we'll sort of have Oh man That looks perfect Look absolutely perfect So what you guys plan for the recession and you guys going to be trading or you guys going to be You guys just going to be relaxing like I'll call you major money time to sort of hibernate during the recession I mean looking at gold everyone's rushed to gold could be a sign that I mean, where are these areas here? Didn't they go here could be signs that we push out on gold? I think people will sell off the gold soon from the lots of things Uh, we're just showing that maybe cause that to uh, let the market go higher but It's all depends on yes, really if we go higher or not I mean if it's I mean we're already sort of trading down We could just have a nice little explosion of liquidity just uh instantly And that would just cause the entire market to go up And just break sort of nice, uh Nice convention and just go up into these higher points Generally not not a pretty looking chart Spends out Just poked out on the high side because it makes sense to look for a potential down further downside, but Who knows if we get that I think Yeah, no, I think it should be easy to get that but gold has I mean big one has been a lot of A lot More pumpy and dumpy. I mean he's been moving Moving a lot more erratic than anything else. So Even the small moves spy expected sort of just move crazy Eventually, uh, we talk about this Is a point where they don't move together then Instantly snap back together and be super aggressive But other than that, it's just like, okay Again, these long skating on the car early on Building up that short sort of profile here once we get that sort of short built up Wanna see that it then lead up into a higher sort of ground And we'll see how far this fight can take us eventually Look to reverse that high as we got the uh As what appropriate levels to look to Once we reach those appropriate levels We then We then sort of go up If we go out to the appropriate levels, so I'll just make Donald sit down Again, nothing too much to say here. Just waiting for everything to Make us damn mad So we want to see how far this short builds itself down Beats up the two eyes. We want to see how far they liquidate all of this And from that they push back down or do they continue back higher? It's a lot of making its way down So making it way down It's just you so you want to see that sort of push and you want to see that sort of uh slowly culminate into sort of uh, low a lot of prices There we go. We've got a little nice little stop at this area here We're trying to support price. You want to see if it's sort of Into those long walls that we just entered in Once we grab those, uh, once we grab those it's sort of just trying to even the higher From them to goodness at this stage in time um, when I probably Probably end it here I've got nothing to talk about today Hopefully today gives us something to talk about for Monday something a lot better comes along because uh, this looks like a Pretty pretty big snooze fest and Probably be a nice day a nice time to just end it here Nothing is happening. You guys know what I'm thinking for today Uh I mean, what's what happens. Hope you guys enjoy the rest of your day If you're ready to save and I will catch you guys Monday peace