 Hi guys, good. Well, good morning. I thought I'd do this early on the Sunday because of course It's the north London Derby today So I just want to ask everyone that if Arsenal do win and we all lit peers currently know about it And if Arsenal lose, we don't let me know about it But yeah, I thought I'd get it out the way early doors while I'm in a good mood Because of course, there's no guarantees that later on I will be but yeah Pretty good week or end of the week for risk assets The you can see on my left hand side here I've got the decks is how we finished on Friday up at the highs the S&P the same and Tina's coming off a bit Which is quite a surprise Into the close of a week people are happy to hold risk So how we finished there makes me pretty confident that we're gonna have a good week going forward And I had a check Earlier on the weekend markets and I'll do it again now just to have a quick look You know IG very good. Just for having a look to see, you know, what is being priced in for the open On Wall Street, okay, it's down 0.05 percent. It's a flat Which is similar to to last week, which was the first time we had a gap lower in Three weeks where we had done three weeks prior. So I expected a good week and We got one not a massive one, but we got one and I I do think we've already seen the lows of the month You know, that's not a massively bold statement, but the idea is that I still think there's some upsides to come Let's have a quick look over the charts as normal though You can see euro last week I finished by having this this potential trend line on just as a bit of a guy that we were getting squeezed and And you can see when when you start I guess really trying to put things on that aren't there it can get a bit messy Yes, we had a bit of a push higher But really this market is is still, you know stuck within these little ranges really strong level of resistance Which we've had marked up for so long before that you can see the market is just paying so much Attention to it here, you know, it's a really good level that I would continue to have on Also to the downside are kind of line in the sand area of support held well Not only Friday, but also on the 7th and the 8th which would be Tuesday and Wednesday, so keep good good area there I guess looking at that then you know 112 80 below there then we are looking back I mean, I just you know looking at that level You've got to be you know pretty confident That could be the loaf and now the reactions we've had from there being been pretty good So the buyers in control for now. We are getting ultimately we are getting we are getting squeezed a lot You've also got that weekly trend line. It keeps coming through here. You know, let's just bring that in actually for you guys to have a look at and put that on the weekly and You know, you can see just sort of almost as it comes down through these levels here as well Christ is getting squeezed in Decision time I think is due soon. I'd be surprised if we got if we end up coming lower But that's that as someone who is sort of bullish risk short-term bearish dollar pairs You know, that's below below this area is still where I wouldn't want to be in it is the way I would look at this So yeah for now Positive the euro how we finished on Friday is is nice for those balls. You've got I guess here You've got two free ways to look at this You can be patient and wait for the long if we are to get above this key resistance this trend line. You've got Happy to stay long as long as we're above this area You can say short below there down towards this key level But if you're ultimately bearish and you're happy to be late to the party You know below this key level is how I would look to play it But as I've said on previous videos that doesn't mean, you know below here We're all the way back down to the trend line We have got obviously some very key support points to come through but for now While we haven't necessarily moved either direction for a few weeks I would say the euro balls are in control and you know, look this And I will go into pound to pound to talk in a moment, which has been a lot cleaner market This is the advantage of trading multi Assets is and set with the same edge if it works is that there are better opportunities out there if you're a you know Looking for momentum or you're looking for a decent trend You can't really have got that in the euro with and you know being a position in a position where you're happy I mean if you get in that that Friday Monday, obviously, it's nice now But one two three four days it comes down And this is over a week later back to your entry So you've got to you know, you've got to feel comfortable holding that position likewise with these these Resistance levels here they work, but we keep coming back So maybe no real big move for the balls or the bears yet and those probably I would say come above that trend line Or below our area of support shaded in red over to the pound Well look at that the balls have got to be happy, you know, if you're you're bullish the pound here You I would say you probably on Thursday They risked a bit as we came towards the 200-day moving average there That that's an obvious target and we've slowed up there a couple of times So the way I'm looking at this if I was bearish I've sort of got a bit confident that Maybe we start to turn over and we look to drift down because of that rejection However, you know, we're still above a key level of what was resistant seven days ago So we're above there look at that. We haven't come quite come back to retest it as such So 125 46 for sure is still going to be an area now of support Where the balls need to defend and the bears need us to get lower. So that's a key key Decision point there 200-day moving average is exactly the same, you know, there's I mean, just look how much nicer a market This is than the euro you've got levels so well-respected You've got good opportunities that come down here. I mean look at that Decent push get above all these super lines in the sand we've got marked up here strong resistance at each of those points I mean, wow, what a dream and I think quite a lot of the the pound related pairs have been a pretty good market as well Yeah, 200-day moving average cap in price to the upside a break above there You know, we've had these levels to the upside marked up for quite a long time. They need to stay You and to be honest, I thought, you know, I wouldn't really Move too much around here. I think it's you know, this is what you'd like to see You know seven days later that your levels are are work. They're still intact and yeah, I'll go for that I think the pound still looks like a pretty good market if you're sure if you bearish Below 125 46 makes sense or the whole false break of say the 200-day moving average is obviously a good little opportunity Actually last week there was some really nice False breaks, you know, what you know, one of the the best signals for me To either go long or short is the false break of a level and it's just you know in this scenario here where the pound on on Friday looked to a broken this area You know, we then close above whether it be in the 16 15 5 minute whatever and that's this me You know the market telling us that the bears gave up They had nothing left to push us lower the balls are back in control and we push to the upside same again You know, we we break below a key resistance level We don't close and then we push on same in the era a couple of times last week as well You know, we we broke say a key level we close above And and we push on it's it really is just such a fantastic Way and look previous low, you know here you can see that whole false break if you're only looking for a short Yes, we do close above but really, you know, this has to be a zone So we don't close above that zone and we can we drift down So yeah going back to that that pound the 200-day moving average false break could be another opportunity to get short But for now, I don't feel comfortable I wouldn't feel comfortable being short in less, you know, I did fade fade in a trade up to that 200 day I'd rather be short below here or on the false break this area the 125 46 for me is still in there a point where the Balls would be in control, but the pound again looks a lot cleaner than the Euro Ozzy we had the trend line on we got that break and look the circles up at the top again None of these have been modified or looked out on the the daily chart Since Sunday, but you can see those circles really cap him price to the upside aren't they you know really strong level I guess we can now remove one of those points Probably will just actually remove those circles to search a bit cleaner for us Next week, but you can see the point of having those on right Just really strong area of resistance up there that needs to stay above The 70 hand that we're looking at the higher the year I would still have you know this point on There is a bit of a guide The only thing we probably need to realize is if we do move lower Keep an eye on the trend line And of course if that does break Then we could be looking at uh, well, yeah the lows of the 30th of June And the 15th to come in and as I've said each time to keep an eye on that 200 day moving average for me Looks a pretty good opportunity To get long lower down. Of course with any With any I'll leave that turn on with any market that does come down. Of course, you've got to Reassess the market conditions. Was there a reason we dropped lower and could go down But certainly 200 day moving average looks good for the Aussie Also, if we were at any point to come back down to that 110 handle in euro looks very good as well the pound Must say if it does come lower I think uh, there's this Doesn't look to be an amazing area support That hasn't you know, I really like areas that haven't been tested for a while Whereas the pounders has and to its advantage has been a lot better for intraday medium-term trading Uh, s and p Do I need to change any levels probably the resistance? I can just touch up a bit to the higher of last week, which is where we finished on Uh, and then we've obviously got a nice area support cap in that Uh, there's a good good good little zone to have Here between 83 and 07 to the upside. Obviously we've got those highs Then we're looking at 32 31 if we can get above there on this obviously on the futures from the roll over the 19th of june Is worth considering key lows Other than that would I have much on it's have a look at see if we can have a trend line from the all time high Look at that it is lovely Well, you know There's two ways to look at it If you bearish and and I understand it's been a hard time to be bearish Um, you've hit a trend you got the high of the week How we start next week could be a key to get sure Um, again, if I was not currently long You know, I might consider unwinding a bit of that position if we come under 83 Certainly under 76 Uh, and you know, this is obviously where I'm long From You know, this is where my stock would be so below there. I have no interest in it But yeah, these are all points where You know, I would not really feel too comfortable About being in those long about trend line being here The flip side of that is can I add to a position? Can you add to a position? Can you get a new one? If we get above that trend line if we get above maybe 30 200 Looking for price to really kick on to levels obviously not seen since The night of june but more importantly up here 10th of feb Which I don't think is out of the question But we've got earnings coming up. Look out for Anthony's macro menu later As always is is a great great way to set the the week up And I'm sure it will will have the calendar in there from earnings whispers And if not follow them on twitter, they're great big netflix are certainly out next week and the week after as well is Even better in terms of of earnings coming out for for opportunities perhaps Moving to the nasdaq You know, I've had this loose Trend channel one. We're at the top of that now The market doesn't want to come down right? I mean look on the futures. I mean, this is insane We haven't had two down days in futures since Since the 13th and 12th of may if you sell after every, you know second down day I mean you're laughing or after every down day you're laughing here incredible incredible market Um, thanks the question, you know, how high can it go? I think the sky is still the limit Where I guess and let's just remove everything except the trend channel trend channel still on You know, where is the the next point to really load up on a on a long you can see, you know here We got a good reaction. However, we've been spiked through to the upside and downside on that I would be potentially looking at something Like the longs from these two points for me Can we get at some point down to there to load up? In a market that has proven now is the time for tech To go higher earnings Could move things around But if if you're overall bullish, you know earnings could just be a tiny dent to to then get in lower down is the way I'm looking at it Um below both of those points, I guess we're also then looking below this trend and that Could lead to a bigger move lower. I'm not looking to short this higher um At about the same time probably not looking to to get long on on the highs of the day and Sometimes you just got accepted. You're not in it. Let it go Um, whereas if you are in it and it's risk-free Hold it hold this bad boy. You know, it could it can continue to to go and go and go Would it surprise people probably not but look it's going vertical Surely a pullback is due a pullback in the nasdaq is going to impact The the dow and the s and p more so uh as well. So just bear that in mind, but for me if we can get This zone Probably in the next couple of weeks Uh, I would like it but below that trend line. I'll probably be saying you know, maybe along from from here is a bit better but As equities are showing we are finding possibly some resistance I say that lightly Uh dow Jones, it's it's certainly, you know, saw a nice tweet or a tweet over the weekend You know the the nasdaq is the new New equity market and the dow the old one. No one cares about it anymore. Um, and it's shown but You know, if this goes back to all-time highs, you know, you are looking at a very good trade from where we are now You know nice little 13 14 percenter You know, it's not to be laughed at is it? Um Levels are intact aren't they? I don't really need to change anything not much movement our lows That we had on hit to the tick on friday end up being great support 200 day moving average you can see on the seventh was here You know, it's uh, yeah nothing needs to be changed there at all Boring but also good You know above the 200 day moving average We're looking for the high that we got on the 16th below Our friday low and we are looking for this wonderful area support that we talked about two weekends ago coming back into play What were the longs there? Like a I mean, that was just just fantastic Uh, let's have a quick look over the decks as well because you can see when we did this it was Come into that similar area, uh, albeit did spike down but turned out to be another good opportunity to have got in Uh, we're above This zone that I've had on closed above come back down couldn't close below They're good opportunity for the the balls to have got in you'd say looking at this unless we've got A trend line from the all-time high It's not good enough. Uh, yeah, unless we've got that we are then looking for this this higher to come in big big zone Second time we probably get hit. Is it gonna hold because if not? Well What's stopping it get into this this sort of breakdown point that we had on the You know the 21st, but also the the the 10th of feb what other market has a key level on the 10th of feb You've got it the s and p very correlated. It seems at the moment the dachs And the s and p look at that I mean get which markets which if you don't know the numbers on the right hand side Very correlated in my opinion. Don't anyone tell you otherwise? But yeah above here I'd expect a decent push to the upside close of the day obviously Whereas if we close below 12,487 It wouldn't be too surprising to see a bit of a drift down keeping an eye on the moving average and then these lows Down here. I'm just going to put these lines on but uh, yeah, it's congested to say the least Um around this area here big area of support below there Then yeah, maybe we do start to push down a bit. So a quick look at the lows just to see if we've got anything worthwhile having on No, not for me not for me Let's have a look over at gold the market that Yeah took 1800 and finished pretty much bang on it. I must say, you know looking at at gold. I'm not You know a massive fan of it right now I know we're above the that range that we were in and it was a range market We don't you know finally got closed above. It's been messy up there I think, you know, this was obviously a nice opportunity if you remember back on the The 26 we came back down to test it again. So for me This was the point to get got in if not already in Uh, and that's led to obviously a good push higher but when you know, we're at multi-year highs You've got just such a battle with this market where if the equities go higher, you know Are we talking risk on like we saw on friday or is it a week of dollar we go higher? Yes Overall the conditions are probably still good for gold I'm just not sure of buying up here is is the right right play. So I'll be I'll be focusing on on trying to get some potential pull back in this market um Maybe worth having this trend line on I don't know. I don't know. It still looks a bit messy really, but yeah below here I still wouldn't mind 1754 to be honest I think with with gold the way I I would play this though with any of these support levels is There's a wait wait to see what happens at those levels, you know, there's no harm in In uh waiting for the false break to occur like we saw on those intraday time frames in euro pound and obviously longer term as well Um, yeah, that's how I would be going about it And of course resistance levels, you know, you are looking at The highs that we haven't seen for such a long time bringing that in This just remove everything on there Um, and and start talking about well, look, we we've just taken out the the fourth november 14 pi it Could be a great level to to go short stop above now the new high of the year Driven us back down Potentially do we get up to the all-time high september 11th on futures 1919 You know, let me know in the chat actually guys. What do you reckon do that's gold go all that way? We'll find out won't we That's uh, yeah, look look at that rejection there in the weekly Um Of that level one tested to the tip here comes back lower Maybe we have to come back down to test 1776 for going higher on let's have a quick look at silver as well, which is uh being more of a lag Uh and gold um, but it's still pushing higher and you can see here in the weekly You know this area i've had marked up for some time. We did close above there But on the flip side you say maybe we false Uh, we attempted we couldn't get quite above the the third of september higher So silver doesn't look as interesting to me But as long as we stay above this area here, you know, I'd be happy to be long trend line As a bit of a guide still in play area support. I mean, it just looks messy to be honest I think gold while I don't necessarily want to get it right now Looks cleaner oil um You know, I was speaking to we got some interns in at the moment And I'm speaking to them about about oil and how we have this trend line Everyone in the world is watching at trades oil from these lows and I was saying sometimes with these You know the best opportunity to get long is the false break as I've said a million times already this Uh, this video is the false break of of a level lower and look at that. We've had a bounce I reckon we go now. I reckon we get above 41 dollars. We take out You know and close above the the sick for march low. Yeah, you've got to be bullish this market in my opinion Um, obviously a close below the trend line changes that for me But I think we push on I think we take these levels out and resistance levels are still intact I'll be honest from the 30th to the 9th of july I don't think there was really a good opportunity in oil. However last three days it has been Um, false break of a trend line people were trapped sure I think we go now. I think we go now. I think the opportunity is there Um, however, you know break and close below that trend line properly You probably don't want to be in it. Uh, you don't don't want to be in it. But yeah, guys, I'm gonna I'm gonna wrap it there. Um Obviously guys, please do check out Where is it down that way? Um, Amplify now And also Amplify live if you are interested in in joining the the traders chat room that we have Feel free to to email me at s.northamplifiertraining.com if you do want to know more about it Fingers crossed for the arsenal and finally Got a haircut, uh, which was long long overdue. The barbers couldn't believe How uh, how much hair I had how thick it was but uh, we're here now We move and it seems like maybe the world is is is starting to turn a corner as well and and things are slightly getting better In Europe at least anyway Anyway guys, hope you all have a great week ahead of you Any questions as usual, please do let me know whether it be in the chat here or on twitter But yeah, look forward to catching up with you all shortly and if not see you all next week