 Alright guys, welcome back to another stream. How'd you guys have been? Good. Let's get started. So we'll start with Wednesday because we didn't do anything Thursday through because of Wednesday's Asia session because I was weak then because the market didn't move a lot in New York session Wednesday, which was kind of a weird thing, if anything. Do you expect something to happen? You anticipate it? You woke up for it? What is this garbage, man? They're feeding you. They went in, they just did nothing. Sure they went down, we were looking for the swipe down, we were looking about what, 2600? We ended up getting 2600, but didn't drag ourselves back, which is the surprising thing. So this part was just a complete cry-off. You still could have gone long, I mean it still was a decent sort of long until closing, but it's nothing to hold over night. So you'd have been up since Asia, waiting for that double bottom here, then after this recovery here, then probably been long. Now it's finally dragging this ass back and it's doing it so here as well, which is nice. So that's the main thing that you wanted to do. The fact that we just didn't get it Wednesday was always a bummer. I mean we're pretty close to week open, so I mean they still couldn't close week green if they wanted to. Do you know who market buy Matic and decorate my shorts? Was it me? No? I don't market buy. Not anymore? No. Let's see what happened to you. Who did you dirty? I don't know why you shorted anyway. It wasn't ever short. Like I told you guys from Wednesday it was long. I mean it was a swipe down, it's been a long since then. I mean well and truly not really too long, but it's been long until Thursday night I guess. You can see these flashes that you see these closes here up top that are just coming about. So you're just wondering, yeah I'm sure you are long but at the same time, oh no what happened? Oh no, other things move fast. I mean it will come back down as fast as it went up. So if that's any consolation, but yeah that's funny. Oh no, they always do the coins. I mean an hour up an hour down you can see people started buying past this point. So you know people are long from here. This was pure just no one got to enter a bid. Everyone just like okay, let me buy it. Someone let me buy here or market buy here. Everything else just cascade. No one got a best price, no one got nothing. It's just straight to here. Everything from here onwards is either liquidation or people buying. Now you're just getting that on the observe page. But again as fast as I said before, the faster it goes up it's going to come back down. They usually hold these up. You probably look for every console dates to then find itself up on the weekly. So you do have some the way to go up. Shouldn't be sort of too bad but looking out where Bitcoin is trading now. Trading down which is always what we want. Not always but mostly what we want because again when we trade down we get double bottom but we can drag our ass here. So what's to say we don't drag our asses some more here. Just like oh yeah we're going to go down then console. But let's look at reasonings maybe to why they decided not to do anything here. Probably due to the fact that I mean they just wanted to grab. I mean they're already heavy short here. I was showing you in the book man. Like the fact that they're really heavy short on the downside so they don't they didn't need to sort of hang around here. So to be honest I felt to see any reasoning why they would want to be here. And as you can see this is all short. Everyone's just selling like you got some long years short so you expected to go down. But then we got this expected then we expected recovery but in this recovery just ended up becoming just nothing. Because he got a decent amount of long but still it's nothing that we could have not risen above off of. Then finally starts after this point you should start getting clued on. Okay it's not kind of come back. They then slam sound during Asia hits into here as soon as it starts recovering mainly here. So in a position you're saying okay that there's a death somewhat of a long and again you can make this really tight because you know you're safe here. Then it sort of pushes back up again grabs a few long so you see in the sea of shorts you got you got some long here and there. And that's why I said okay it was long until sort of Thursday night or closing. Because you do have these that will end up driving price down but it should be a bullish take in this whole thing the fact that they had to go down. They've been bullish from the get go. The fact that they decided to hold off and sort of just keep adding short it means they're also just waiting on something else. I mean that that they didn't like nothing move during ever and see like in minutes like just very very surprising. Okay personal income spending it's already came in. So that will see large move down again since it's going down first move usually happy to say that that will be bullish. I mean we're expecting what 2 o'clock. Yes on minutes look at that. Minutes to nothing. It's just a little doji here. You see that just nothing. It still went down. We still did the opposite. You still got a trade out of it. Not the magnitude of this but I mean this trade was just carry on from Tuesday. Just again just carry on. You're at a high anyway. See that as a London trade anyway from there. So you just carry that on. I did nothing on Wednesday to say to go against it. It was just perfect gentlemen. Just went down. You'd want to let off during New York session because you're looking for that spike load to then recover. I really talked about how that can get that recovery so you had to go home early and go home. Pretty sad I guess. And like I would say. Not perfect but I ain't afraid. Even if you're wrong you're right essentially. That's why hedging positions is always a great thing because it lets you scale into the opposite side of the position while the market is moving. You intended to get to trade ranges. You just have to get a start then everything else should just work for itself. Again we're just trying to sort of reassess this volume and we've been sort of saying okay there's your shorts. We've got a few longs here and there. There's a few more shorts here. But we know that there's shorts, there's shorts. A decent amount of longs here but mostly a mixed bag divided evenly across here. So if we're coming down we're adding more shorts to previously acclimated shorts. So we just want this to essentially rise off that. And sort of shrug off the disappointment that we got on Wednesday. It should be nice. It should close off the week. If we look at spy here. If we look at spy, spy came in. It did alright. This did drag its ass off the finish line. The start line I should say. I mean it came in here. The whole day did nothing. But again it's still sort of a very long biased area here. You can see as soon as closing comes they just flash it. And there's three markets and some coming up. So they flash it short. So let everyone come short after sort of tricking them into going along and just surprising how it works. Because your long is here. But people long up here because of the breakout. They come back down and it does well basically. What we wanted out of Bitcoin but we didn't really get. Which was kind of a mismatch. But sometimes you get that mismatch and what can you do other than just take it on the chin. The thing about this week is probably just really high. So we've got a lot of ground cover. Unless we want to close this thread. If we end up going up that high ends up just looking like a double top anyhow. Was this area here. So that's something we want to be careful about. If we end up coming back up today. It might end up being overtly bearish for us. If we can't break it. There's something that you want to look at and just say okay. There's something where you're taking off positions and then just sort of easing up on the gas. But considering last week's surprise. I mean surprise palm came back down nicely. Came back down to even so this was the goal of just being a trap. Came back down. Just back into the skies. They went really deep. I think they're just trying to get as much as they possibly can. This. You can see where they got the volume and where they got the quantity up there. They got the quantity down here. I mean they had it from here. That was always a weird thing. Again the way they ended it here. They were expecting that downside to come out. I mean you can see that. They are going but they're closed. Yes. That's all the argument. You can see there's where you've got all your breakouts. Fires here. It's getting sort of punished. Could be decently bearish. Might end up just being bears for the day. I mean it as well as it ends up doing that. Could end up just running these guys out. Then coming back. That's always a possibility that you want to get out for. Very sort of slim chance. And actually not too slim. Blow of the woods looks generally. I mean here generally sort of bullish. You can see sort of what we're coming in. 26. That looks decently bullish. So we can probably expect it to sort of push upwards. So it wouldn't be too bad. If option days look like that. And Bitcoin is something this big looking, this liquid. What I mean by that. I look at it and it looks very blocky. If you look at it, you just look at the variations of the bodies. They look very stagnant. They look like they're very blocky. And they have sort of relatively few variations between them. And it just looks like the same thing being repeated on and on. That's what I mean by that. That's usually never a good. It just means either no one's trading or everyone's just being coerced. Which is probably true for this spot. I mean, even with futures, same thing. You had that selling already. You had all that selling. All these idiots coming in just ruining it for us. I think that's the main thing. They just ruined it for us. So they went in and just say, OK, cool. You decided to buy here. Sorry about that. Thank you. Come back. And you just had a lot of insane selling that just ended up being eaten up. Which is always a good time to see even though prices are going higher. That spot was increasingly increasing. So that's always a divergent. The bulk of this is just selling. So it's being held up for futures long. So that's very fickle. If it's held by just longs. So it can easily drive these guys out and then push back up. Because we know there's no real long term people here. Mostly just sellers. So the only way to bring back buyers is to go up higher. Well, not always higher. But generally it's not more often. We don't really have any interesting levels of Bitcoin. We're at nothing sort of new. I mean, everything's just been here for ages. So you guys should have them know where they are. Because they usually in very obvious places. I mean, you can easily tell that there you go. That volume here. There's one for sore eyes. Especially if we come back here. Just to be expected to reject into there for the most part. Which is nothing interesting. At least to me, nothing. Hopefully get something out of New York. I think you guys have extended bank holiday. I'm not mistaken. I don't think about something. I don't know. Stop caring about U.S. It's still open in 45. Memorial day. Yeah, so it's close to three days for that extended holiday. So they've got pretty much move the lazy bones. That extended holiday should sort of play into effect Friday. Because that means they have a very, very short fall. In the amount of time. Or they can do anything. So they've got to do something now. Meaning. They have to sell the Wednesday. Earlier than earlier. So that's today. And then they have Tuesday. So they're running on empty here. So they've got to move quick. So to speak. So they'll sort of pay their cards. These are the side of head. Okay, they got to do this. But again, recovering. We just got to see if it comes into here caps off. And then comes back down. Adds more short again. You just want it to do that. Because then you're sort of more sustained on the on the bullish side of things. Because it's coming later than it is sooner. Which is what you want. And still haven't cleared the bats out. So we want to clear the bats out before we move. Any, any higher. Just because the higher we move. The more likely we are to have a short day. So. In total. Three ads. This area here. Once we add this area here. We want to add shorts to this area here. We want to clear up bongs. And we want to sort of push out. Again, typical things. Nothing to outlandish. Nothing to garish things. Plenty far to see. AI stocks are storing but average investors aren't yet rushing in. Oh, wow. Let's look at those things. They look interesting to me. Oh, yes. Let's go. I mean, that should be a surprise to know one. I told you from where here. That Microsoft looks great. Yeah, much. It's, it looks great. I mean, you could have gone here. The other place that we talked about. I mean, we talked about it here, but. Come back down. Average just soaring. To understand. Now we've got that news coming in. You want to think of selling Microsoft soon? I'll start selling off right now. Actually. As I come to this high. People think about buying this breakout. We want to say. He's supposed to be back to all time highs. See, I already have a look at stocks are free now again because they're investments rather than day trades. But nice. No, that investments. He's like, you could have done a lot better. Like. From March. What is that? From. March 13th to here. Have you guys done better than 30% of your portfolio? Yes or no? Yes or no? If you didn't use, you should have just stuck it in Microsoft and just say, I can call it. In two months in a court, I did that. Like. I don't know. Then there's no point of trading if you can't beat that. Just fine investments. And just look at that. Like, I mean. Yeah, I was always going to. So, like, look at the video. The video was another one. You can't. They all think like, oh, Bitcoin so volatile. You've got to be quick to make money. You've got to be quick to make money. But stocks just been tearing. Like, you see tech stocks in March. When we came in. Short came in late. But again, if you can do 70% on your portfolio, like, what are you even doing? Hey, that for yourself. Like, oh, it's just fine. Yeah, average is about about halfway between the two. So, 45 if you just take between the two. But again, you've got to have some duds in there. So, I mean. Like, if you're, if you're not up on your entire portfolio, at least, at least that, like, what are you doing, man? What are you doing? I mean, you could have even had this far from even earlier and then just been up the whole. You got to change every quarter anyhow. So, again, this is usually a sell. So, you're selling pretty much. It's waiting for it to come back down. Usually these islands are very lonely. Unless they stay up for, like, the three days and just create things. But usually you don't really want to enter into an island. You always want to sort of sell onto those islands just because they look very lonely. But yeah, with that news, with this, plus everything being this high, it's often a good choice to sell. Just because this ends up being, oh, okay, people who think they're in the know, just say, oh, yeah, let's catch AI. It's super early. Let's do it, man. I got this one investor and he told me about this thing called chat GPT. And he said it's going to go to the moon. You just have to get in early. Yeah, it's that sort of vibe you're getting. So that's the sort of vibe you sort of get from those news articles or you should be getting from the news articles. Other than that, everything should just sort of say, okay, we're already at this high. You should sell. And just go in. I mean, gold has certainly made its way down, but sweet ass time. It's finally back down to normal prices. Just need to back down a lot lower. Nothing too good. Everything should be easy as you can see. It's slowing up here. We want it to come back down. This will hold off a bit lower. Once it's lower, you can then look for higher. Let's double check everything. See if I'm not missing anything. I hate to miss something and you guys get shocked. Expecting a decent amount of sell off come market open due to tech stocks being a bit higher than they should have been. So it makes sense for price to come down a bit as tech sells off. That's a real question. What's expected is not often the case. I mean, look at ratios and see how far they're off each other. Two to two. Decently high to see a tax cut. I mean, ratio to sort of the rest of the market. They're at all time highs. So a lot of money is going into tech. Rest to share everything else. So it's outweighed. So if it sells off, it will be sort of no surprise that spy will go down. It's just the only thing that's pretty much making the market. They have parity. Utilities down like the opposite. So utilities is dragging its feet. Everything else is dragging its feet. Generally ratioed spies just, I mean spies, tech is the only thing that's a game. So if it sort of pushes and fails, I think money should rush out. So you should take sort of sell off. That's something that you want to sort of come into. Everything else sort of sells and that pushes the market down on open. Now you've got to sort of look at, okay, is the market going to go down? Is it going to nuke itself down? Or is it just going to just subside and just sort of mellow? Yeah, just be sort of mellow and just control it here. So it won't be too much of a sell off. And if it does that, then you're sort of looking at it. It's just, okay, that's the reason. Because everything else, it gives everything else a chance to recover. Then that will sort of make the broader market recover. So spy will end up going up, which is what you want. So we're not really messing up too much with our initial hands, let's just say. I mean, just we're bouncing on these errors here as people come in and short these guys instead of being long for no apparent reason, even though textbooks they say should long these, but they don't longer. They short it, which is a pretty, pretty path for the course for retail traders, as they seem to not be able to catch a break. We came into here. We've got a lot of liquidity here and instantly for your covering, but that's very a sharp pin. Easy sort of trading back into this here. So still sort of be wary. I think that's the best advice you can give, especially right now. There's some new cans already printed that. There you go. The cans are already sort of trading into it and trying to find itself back down already for some apparent reason. You want to see that with Bitcoin as well. Again, just sort of green, but spying into this sort of scenario here. Holding up pretty strong. Still within sort of tolerance of what we expect price. I mean, if it goes up any higher, we're expecting a greater fall essentially. The more longs it gets, the better for us that downside swing. If it ends up staying up up until opening bell and even past that, it's just sense of being a short day rather than finding lower to go higher sort of scenario. They should always be expecting that anytime you go lower, you should be looking for an exit. I mean, an entry for a long and then exit for a short. And anytime you're going higher, it should be the opposite. So that's the way you should be thinking. Every downward swing is a potential opportunity. Any upward swings is a potential sell opportunity. And every time you go down, it's like, oh, okay, maybe can I long here? No, maybe next swing down. It's a whole market. It's about being on a trade. I don't always return. I generally don't want to be with the broader market. Often the broader market. Especially with day trading because it's so short-term and volatile. You can get away with being constrained, especially if we are in a very strong offtrend. That's why I like no trend. You can trade both sides of the market without too much just getting some buys back. Nothing's all too major. Some of the scenarios we're looking for in concluded here. Everything looks set in its way. So just be playing out, playing out what we see rather than doing anything outlandish. Going to a million, look to zero. In terms of what we're looking for today, should be sort of setting up already for next week. Because we've got a very long weekend. So we're cutting next week very short. Here we know we've got longs. So these longs here, as they close off, we expect them to be undercut. Once they sort of get undercut, we can then look for prices to come back down. We already had a nice little fill here. See this? It's decent to say. Let's sort by the reasons. I should find this way down a bit. If we're a little close, it's a bit lower. So then Warren tries to try and come back into here again. If we end up going up higher early and just testing back into this, this was more bearish than it is bullish, because then you'll have ace and some mountable amount of longs just raring to just push out the market. We've been really heavy short. I mean, we know these guys are short. We know these guys are decently short here. It's only just recently we have these short term longs that we want to get rid of very quick. We're in pretty deep on the side of short. We should start to do some correction against them at some point in time. We know all of this on the spot side is panic selling. Even right now, there's no spot buyers. It's mostly close up by future longs and we've seen those future longs being here. It's a very sort of fickle market that we find ourselves in. I mean that they're very easy to dissuade as no one's really coming into buy except for one. Last couple minutes, some buyers here and there. But the majority of these just been selling out of the hearts out. Still driving within the territory. We've stopped breaking up high. Be bullish. You've got to sort of hold here. And if we don't do that, we end up coming into here. This is still sort of bullish scenarios. We know a spot is decently bullish today. We've got a lot of putts that needs to be outrun. So that can be outrun by just going higher. I think we're in a decent position. I mean, to be honest, there's nothing else to add onto today. We know where people are coming in, which is mostly along on the early side of things. But generally the consensus is those should not last. Once we get rid of them, we can then go up higher. But it's only when we get rid of them. It should be a simple sort of, it should set itself up for 10 o'clock. And once it sets itself up, it should just follow suit. It should not come out with any sort of surprising things. And I think bizarre thing will probably end up there. There's not really too much to add other than trade safe. See you guys next week.