BITCOIN LIVE : NVDA EARNINGS BEAT! OIL DUMP, STOCKS REBOUND

Ajouté : 2026-05-22

[00:00:34]Heat. Hey. Hey. Hey.

[00:00:36]Heat. Heat.

[00:00:59]Hey, hey, hey.

[00:01:25]Heat. Heat.

[00:01:49]Heat.

[00:02:05]Heat.

[00:02:54]Hey, hey, hey.

[00:06:24]Yeah, I poison Hello traders. Uh, welcome to the Nvidia earnings day live stream where we had an exceptional beat. Of course, never going to stop that AI money.

[00:06:59]Are you talking what? Uh, record quarterly revenue, 81.6 billion, beating expectations. Q1 adjusted earnings per share of $187 beating expectations. Q2 revenue guidance 89.2 billion to 92.8 billion beating expectations.

[00:07:18]New $80 billion share buyback authorization.

[00:07:22]Increased dividend from 1 cent a share to 25 cents a share.

[00:07:28]Total revenue growth of a,035% over the last three years. Um, so just Blockbuster report, but when has that ever mattered too much? Uh, when is earnings reports, right? Like where the price is going to go and as you can see, we're down. Nvidia is down 1.64%. And you do have the uh as of like 9 minutes ago, I believe the conference call has started.

[00:07:59]So, you just never know what's going to happen. Sometimes, you know, wild cards conference calls can turn everything around one way or another.

[00:08:10]So, uh Nvidia is currently trading lower. If you want to see it actually live right here, there it is. There's that candle up against that heartline of this channel here. Pretty nice. I mean, respect, not nice price action, right?

[00:08:24]But they lost the heartline testing up against it um yesterday and today and then kind of at the peak of ear like you know on the earnings report the volatility got as high as 22670 fell as low as 21618 and right now just settling at 220 uh not great not terrible kind of trying to hold on to this 21858 peak from April 27th and that is about it man that's that's what's going on with Nvidia uh put or call buyers kind of struggling right now, right? This is not the implied volatility you were looking for. Uh the iron condors, right? Those betting on the price to not move much probably winning right now.

[00:09:08]So, uh no option contract winners, buyers of the puts, calls. So, that's that's where we're at, right? kind of uh price action underwhelming because everyone thought something was going to happen. Oh, it was just going to be like it was in 2024. Remember 2024, the insanity back here. And it was the same time, by the way. Uh it was May 23rd. It's the 20th today, the 23rd.

[00:09:37]Huge gap up and it ran all the way to June 20th before uh a correction began.

[00:09:44]So none of what we saw two years ago close to the date just uh just sideways but still would an uptrend now like uptrending midterm intermediate you know with with the channel conceptualizing it uh breaking away from a half over half a year of sideways nothing right no trend but the only uh maybe issue you could see is clearly from a peak to a second peak a higher high uh we do have a little bit of bearish divergence on both oscillators uh you know it's more like class C bearish divergence on the RSI about you know same same levels on the uh oscillator with a higher price on the second peak. So not your worst but the the MACD histogram is definitely showing that class A bearish divergence for now. So, um, no one said, "Oh, great great place to long at right here going into earnings after it just had a 7-day win streak in a row." But for the investor, hey, I I would think after seven plus months of sideways and finally breaking into some price discovery, I think you're in great shape for the long term above 21219.

[00:10:59]And maybe even if you lost 21219, anything above 200 the psychological level or 19573 a much stronger level uh from October 2025, November, January, February, that and also anything above 195, 200, 212 is spectacular for the long term. Okay, that's Nvidia.

[00:11:22]We did it, man.

[00:11:26]That's right, Jonathan. Jonathan's here.

[00:11:29]Jonathan, what did he have to say?

[00:11:32]>> I like turtles.

[00:11:33]>> He likes turtles.

[00:11:37]>> It was funny. We were chasing somewhere in Kansas and there's a little turtle river, but it's like turtles like t u t l e spelled that way.

[00:11:49]And I thought that was hilarious.

[00:11:52]Little turtle river. I like turtles.

[00:11:56]Okay. So, uh yeah, bigger than India, man. So, we can um I mean you had a really big day today for a lot of different stocks, man.

[00:12:07]I we talk about Bitcoin, but like Inphase Energy, all those energy names, they dumped a couple days, but they uh man, you're you're just not going to get what we wish we could get for the framework for strategizing. You just had a type one reaction, and this thing's continuing. I mean that was the highest daily candle close on inphase straight up since April of last year. So over, you know, over one year highs on the close. Again, this is there's a difference between what we want to be able to give ourselves an unbelievable trade setup and what's reality. So that's still going to be what we wish could happen. Uh maybe it won't happen, though. And so 5864 might be on deck sooner rather than later. But just an incredible M shape uh to usher in maybe uh a new uptrend because even if it went back to 42 in phase went back to 42 40 bucks even 38 bucks I'm not even kidding those would all be solid uh entries or adding to a dollar cost average. Uh this is this is how trends reverse man a lot of times with these XABCDs these M shapes this bullish Scott Carney bat pattern only type one reacting but hey they might take it to 5864 and then you pull back to 42 bucks and then hey great opportunity.

[00:13:26]Okay so good stuff there Delta Airlines man I mean goodness gracious what a what a run I mean you've got going on right here. You're uptrending.

[00:13:39]You hit one of your highest levels in a really long time. Uh, one of your highest levels ever. Okay. Excuse me.

[00:13:45]Delta way different than American Airlines. Uh, this thing's like, wow, look at the just the symmetry and the structure right here. If they can just break I don't know. It's kind of like they did break the initial 7231 resistance.

[00:14:02]Uh I mean above 7545 that's that's possibly price discovery in a nice uptrend. You are uptrending very well.

[00:14:08]Bunch of higher highs, higher lows consecutively for a long time and there's just this last remaining cell wall up here around 75 bucks. Delta Airlines man. What >> dollar HTTZ?

[00:14:22]>> What's up NS man? Insecora. Inora.

[00:14:26]Thanks for the 20 dude. Hertz. Yeah we'll look at Hertz. I think I looked at that somewhat recently. I can't remember but uh thank you dude's Dutch man. Hey.

[00:14:36]>> Hi Mitch.

[00:14:38]>> Could you check out pitch when you get a chance?

[00:14:40]>> Yeah.

[00:14:41]>> Is there a completed butterfly on the daily?

[00:14:45]>> The answer is we will see. Thanks so much D for the 20 both y'all. Much love.

[00:14:51]Uh Nanuclear up 9%. Let's go dude. I mean you know look at this though. You just you can't believe what's happening.

[00:14:58]Like no way that this bullish bat pattern is here and like you're just down here 22 bucks.

[00:15:07]Not really a big level or anything but there it's just one and two there. I mean you got to wonder is that it is this thing already concluded its uh correction and is at the kind of the genesis of its run to 34 37 plus dollars that big inflection zone up there. I mean and nanuclear there it is dude really interesting small cap right nuclear then you got it's just entertainment leisure right cruise lines today CCL Carnival Bruce man I mixed feelings on this one right due to the fact that you've been on this insane run and most recently you've confirmed a top and then you have shown uh evidence of distribution evidence that this old $30 level from when 2011, 2010, 2008, 2002, 2000, all those many times. An ancient level, right? Has been regarded as resistance after confirming a top. So, not feeling as good about this one even though it had a good day today.

[00:16:18]Right. This is the zone. It's not my opinion. I'm just looking back in history and I'm plotting it. So, you Oh, yeah. Definitely an inflection zone. Not even a question, right? Didn't even bring up 2021. You see what they did?

[00:16:29]Big run, confirmed a top, dumped, made a lower low, sign of weakness, and then rallied to make a lower high. Not great.

[00:16:36]So, those that's those are the ones where you got to be a little bit more concerned about.

[00:16:41]Yeah, it could be like double bottoming here. Well, we didn't really even know till today till this huge 9% candle. But if you're below the 200 moving average, that moving average starting to downs slope. Anything below 2850, 29.68 is kind of sus, but I'm just looking at it because it was a big gainer today on the watch list in the Norwegian cruise line.

[00:17:00]My god, man. Uh, another one that's just kind of it's nothing, dude. Hey, guess what? Over six years ago, trading at the same price is trading at today. What a loser. Sorry the M shape, but the M shape just didn't really amount to much.

[00:17:15]I mean, it did amount to a bottom, but good god, dude. the opportunity cost, you know, owning this for so long, you've made no money.

[00:17:26]They got a dividend.

[00:17:30]No, they've never paid a dividend and no current plans to do so. Gross. And one high, a lower high, another lower high, another lower high, all below the 200 moving average. It looks like dog crap.

[00:17:41]So, good for it on being up 8%. I mean, that just happens, right?

[00:17:46]NRG uh uh energy, right? It looked kind of like white coff white coffee and distribution stuff and they they lost that that big trading range and it had been just a bad week or two and then they gapped it up. You know that gap's going to fill those bullish marbazoo today. But okay, that they run it up to 14330. Dude, seen it so many times where they it could even break that trading range bottom and run it up and do what?

[00:18:13]Oh, look. Another lower high uh below the 200, below the previous high before, and and then it just dumps later. So, it's just this is in a bad spot here.

[00:18:22]Not not something you're looking at uh outside of a short-term rally.

[00:18:28]AMD getting ready for alltime highs again, but down, you know, two and a half over two and a half% due to Nvidia.

[00:18:37]It's the spillover of earnings. Um but man, what a candle. And it's one of the highest closes ever.

[00:18:48]435 after hours, 2.67% down, but up 8 plus% today. Gapped up, unfilled gaps.

[00:18:54]You know how it is. Probably going to fill uh yesterday and today. They were the first levels of negative momentum we saw on the daily histogram since March 6, which is insane. What a run it's been on. But yeah, who knows? Um, Nvidia's going to I mean, I think it's probably going to be okay. Like, if Nvidia actually gaps down tomorrow, 1 2%.

[00:19:17]You know, that gap's going to fill, which is great. Oh, just survive earnings. That's what it's called. When you survive earnings, it's like you're only down a couple percent, even 3%, 4%.

[00:19:27]That's still fine. The trend is your friend on semiconductors for now. No one's saying there's value. Jesus, no one's saying that. extreme premiums on semiconductors and extremely nice uptrends, but that doesn't mean the trend's not your friend. The trend's certainly your friend. Okay, American Airlines, which is one where I was like, man, what was happening to it? It's really good right here. Like, I mean, I know we've been talking about this one for a long time on the monthly. Of course, we'll talk about it for a long time on the monthly, but there the buyers are recapturing their footing where it's very similar to what we saw from June of 2025 to October, those three consecutive valleys and then it did run in it went on a good rally and went up 1654, but you're you're re they're recapturing 1222 1141.

[00:20:15]It's a major inflection zone. You go to the monthly and see what I'm talking about here. I mean, this is this could I mean, again, it's like it might be a terrible idea, man, because it could take forever. I mean, it might be, you know, you put this in your kids retirement account. You know, everyone's creating a retirement account for the kids, right? You're smart, right? Here, you do that. You set your kids up like, hey, when they when they turn 25 or 30 or whatever age you want it, probably not 18, not a good idea. Wait till the ref frontal cortex concludes its development, right, before you hand them over some access to their capital. But, you know, something like a little bit of American Airlines up in there and by, you know, maybe they're three or four or five years old now.

[00:21:03]Maybe there's just a little bit. No, no consequential amount.

[00:21:05]>> Hey, Mitch, could you check out INFQ?

[00:21:08]Thank you for all you do. Roll tide.

[00:21:12]>> I'm sorry. What' you say?

[00:21:13]>> Roll tide.

[00:21:14]>> Thank you so much, Kyson, for the 20.

[00:21:16]We'll certainly look at INFQ. Thank you.

[00:21:20]Maybe before your child becomes Hey, you know what's great great about this? This is some good stuff. And I know it's going to take years probably, but that U-shaped volume signature is there. It's actually there. That means that this is almost done. This is exactly what ACR looked like on the daily. This is in textbooks, man. Bulkowsky's research studied the U-shape volume signature.

[00:21:46]And it doesn't matter what pattern it is really, but when the pattern is virtually complete, that U shape becomes very real. And it's right there, man.

[00:21:54]Been going all the the U part completing from April of last year to now. That's high volume. So I I mean, and getting back above this $12 level is really really good. So patience, I know I'm not saying it's going to happen overnight. I'm saying it might take literal years, dude. Years. But it's here.

[00:22:16]Everything you want is here.

[00:22:22]Monthly U- shape. Wow. On volume. That's crazy. Anyway, uh Intel that have been getting routed for a few days finally gapped up 7 plus% down a little bit after hours because of Nvidia, but you know, this one just running away. That's a nice little pullback.

[00:22:39]Got to wonder what they're going to do here. Are they just going to keep this running to 150, 200? Holy crap.

[00:22:47]But yeah, fill the gap maybe and then run later. But okay, cool to see it up a lot. You know, you can just go on and on. Marvel, these semiconductors, man.

[00:22:57]Alltime highs. Record close today on Marvel and intraday alltime highs.

[00:23:01]Freaking nuts, dude. DXCM, holy crap.

[00:23:05]Dexcom, dude. That had had an M shape, dude. Definitely had an M shape down here, but was not in a good spot really.

[00:23:14]Like it was below all the supports.

[00:23:18]It's been blasting off, man. That's a real nice reaction. 4 day win streak.

[00:23:23]Jeez.

[00:23:26]QBTS.

[00:23:29]Uh mixed feelings on this, man. I don't know if the correction's over or not. It hasn't really given enough yet to know.

[00:23:39]Uh, still below 1968 20 bucks. Still below the 200 moving average. Still all they did was make a high, slightly higher high locally and show some bearish divergence and rolled over some.

[00:23:49]So, okay, just kind of going through some of these SWKS. Well, we know all about this one, man. This is one we've had on the radar for I mean since like March, man, this was it. Look at it.

[00:24:01]Highest daily candle close since November 3rd. This is one of those, hey, Mitch Ray TA like, okay, there there are just ones that have the framework that we've been looking at and really liked because you want an M shape to conclude its development with some seller exhaustion at near an inflection zone.

[00:24:19]That's exactly what this one had. And this one's paying out, isn't it? And you're targeting probably 86 bucks.

[00:24:27]So, keep it running, man. This is uh playing catchup. The semiconductor, it was like, dang, dude. Everything's run away. Everything's premium. It SWKS wasn't, but it's in that winner sector, sub sector.

[00:24:47]And Marvel's a freak. See, that's one of those runaways.

[00:24:51]Rocket Lab, you know, been um unbelievable. Another record close today. Freak, dude.

[00:24:59]It looked good, man. It was looking good back in early May. Man, this thing's just blown up and continued to for now till they take it all away. IP, remember international paper, old trade setup from a couple few years ago, uh, reverted back to the mean, back to 100% retrace, and here we are back at this, you know, in below the inflection zone, but you're back in this interesting area where it's like, dang, dude. And if you can get back above 31 plus dollars, $35, well, just 31 $31. I mean, this looks like a lot of exhaustion, a lot of like we were looking at this last week. Uh, lots of seller exhaustion here at a very interesting level, you know, where you can just look at like you have that that convergence, right? The trend line convergence there. Uh, nearing that apex right there.

[00:25:48]It's nice price action convergence. Not the oscillators are diverging. The price is converging um nearing that apex. So, you know that right there's a little wedge. That's This is a good combination for an exhaustion rally where you 35 bucks seems like an easy target, right?

[00:26:07]So, okay, cool stuff. It was up 5% today. All right, Lulu Ruru Rimmon and nothing about it was great. It was not a setup. It was nothing special. It was in the middle of nowhere. Um, it's still below that 2020 low, the co crash nater still. So, it was just up today. I'm just looking at it for a second. Okay.

[00:26:26]Terrible trend. Wow. Apply materials.

[00:26:28]Look, I'm just going through, man. All right. Just trying to get Look. Oh, AMAT is sexy, dude. Look at this channel.

[00:26:36]They survived earnings. Dividend payout looks like uh or is that the X date? Oh, the X date is tomorrow. So, but what's their dividend? Is it not even? It can't even be okay. 045% dividend yield. All right.

[00:26:54]Well, whatever. uh semiconductors doing dividends. Either way, uh the dividend will not be included in the price tomorrow or after tomorrow. Uh but hey, I mean I like to see it holding this demand line and a nice trend. There was a little divergence there, but uh down 084% because of Nvidia, but this is a really healthy trend. Flat materials, man, solid looking asset right now. GM General Motors this thing uh had been correcting, peaked out in early or late January, excuse me, and since then it's just I guess was this all alltime high territory or no? Yeah. Yeah. Alltime high territory. Yeah. You're just up here. I guess they're trying to defend a base, a level that goes from that peak November last year, held on in March, they rallied and sold off and they're trying to Wow, that's like a bullish abandoned baby hammer. That's like a bullish abandoned Thor reversal right there. Incredible, right? The gap down, the hammer, the gap up. Super nice uh Japanese candlestick reversal at 7221 area. So I wonder if that's going to manifest into anything down 63% after hours. Inconsequential. I wonder if it's a double bottom. H is it a kind of a dragon kind of? Yeah. They defended the 200 simple moving average as of uh Monday.

[00:28:30]No, as of yesterday. Tested the 200 simple moving average for the first time since July last year. Wow. So that's a big deal, man. That's huge. Not on much volume or anything. Micron. Oh my god, man. You know, this one's been doing great, great stuff here. Um, was up 4.76% down a little bit after hours about a percent because of video.

[00:28:50]But man, you just wonder like is that just it's just pausing before running higher? Are we in 1999 blowoff top uh phase that it has not happened, but the mania phase maybe they take it to a thousand here. I mean, that seems like a decent psychological target. If we're in price discovery and you're in a the sector where all the animal spirits are and you're a micron bro, thousand buck 9998.

[00:29:24]Okay, just looking at these things.

[00:29:25]Okay, these assets that just been doing well today. All right, u we can look at, you know, Solar Edge, right? Made a nice comeback.

[00:29:35]People were worried about it. And it's like, dude, what are you worried about?

[00:29:40]People actually worry.

[00:29:41]>> Worry too much. Everything is beautiful.

[00:29:44]There's nothing to worry about.

[00:29:46]>> I told you. Solar dragons, dude. It's silver dragons, golden dragons, oil dragons, solar dragons. Beautiful. Just wait for 70 69 bucks for the memes. This is a beautiful trend, beautiful structure, beautiful context.

[00:30:06]It was everything you wanted on this one. It was a trade setup, but just wait, man. Just more coming like the higher the highest high of uptrend like reconfirms the trend.

[00:30:18]Very nice.

[00:30:22]Yeah. And there were other ones, you know, you start getting into the 2enters. All right, cool. We we're just looking at some big boys today. Like some big winners, you know, just out the gate of the stream. I mean, I've been I've been slinging out analysis of these for the last 25 minutes straight. So, we can kind of go back to normal stuff where we look at the index. You want to see the S&P 500. We can do it. Here it is. Here's your spider.

[00:30:49]Really nice candle up a percent today back above the golden mean ratio, the 1.618.

[00:30:57]Uh, it's phenomenal. It's just unstoppable. Like, I don't really know what we would do here. You can't like what can we even do? Maybe all we can do is try to anchor like this now. And maybe it's some sort of like you see how they broke the angle.

[00:31:13]Maybe like that. You know, when this can't really it's just it started angling the angle of a scent changed. It wasn't as uh steep.

[00:31:23]And so this is exactly what happened though. I remember um it was like last year. It was like the initial steep ascent and then it kind of uh angled off and then you started that channel.

[00:31:40]You had a real nice channel that lasted all summer into autumn. But that initial stage it was too violent.

[00:31:48]So that's kind of maybe what we got going on now on these index funds. Same it's like a rerun dude. Rerun. Same guy Trump. He's the choreog choreographer.

[00:32:01]All right. One candle. That was Nvidia's insane all-time high day. All right.

[00:32:05]Reverted back to reality. One and two on the bottom. Okay. They got another test.

[00:32:09]Huge day today. Will we continue? And maybe 753 on the spider. 7500 on the uh 7530 on the S&P. Maybe that would be the overbought threshold of what we got going on right now. Maybe.

[00:32:22]So, just just trying to think here how we could conceptualize it.

[00:32:31]I mean that you know then future same thing you know from the future same channel bullish engulfing candle yesterday new candle you're down 025% no big deal just because Nvidia is down largest market cap equity in the world uh can y'all hear me Man, is the audio okay?

[00:32:59]Let me know, dude.

[00:33:02]What's up, Mark B? It's G dog arm is selling.

[00:33:07]What about leg, dude? Is leg okay? Don't skip leg day. Yeah, RDW had a great day today. Yeah, I mean, forgot to look at that one. Yeah, it's another trade setup, dudes. It's insane. I mean, it's down. I know. 6.18%.

[00:33:23]Let's go. golden ratio right there, but down. Yeah. Um, a little bit after hours, but above 1327, man, like this is just like we we we could smell it. It's like this is doing all the right things we want at the right areas, right? The right things at the right area. That's that's virtual TA. That's how you construct trading plans. The right things, the right area. So, that was the uh highest daily candle close on RDW today since freaking uh July last year.

[00:33:53]So you're you're targeting for probably 17 bucks and there's that chance 1526 could be resistance but yeah phenomenal high volume rally too. That's what we're looking for.

[00:34:10]Anyway, uh what's up baby genius man's bride tier? What's up risk? What's up Colt MK crispy? Nice. I like crispy steel is boring.

[00:34:24]Mike Jay's in the chat. Thank you, dude, for the sevens in the kind of words. Uh, so yeah, we can uh I mean we can look at the other futures real quick. Just run through them just for a sec, dude.

[00:34:45]NASDAQ.

[00:34:47]What's up, Walmart?

[00:34:49]Hey Mitch, can we hear about the storm chasing? Hope you had a good time.

[00:34:54]>> Yeah man, we'll uh look at it right after I look at this. The Dow Jones and the Russ 2000 for sure. Thank you what mate for caring, you know. Much love, dude.

[00:35:05]Yeah, it was it was nuts. Um so NASDAQ, you know, nice bullish and golden candle, but again, you know, down a little bit because of Nvidia down 042%.

[00:35:16]Getting some negative momentum with not much price action. That's not That's not bad, man. All right. So, you're People are like, "I'm waiting for a correction." It's like, "Sir, madam.

[00:35:27]The correction happened.

[00:35:29]That's it.

[00:35:31]You already had it. This is the result of the conclusion of said correction that you were looking for. It already happened. You missed it. So, go back to bed."

[00:35:44]Probably. I mean, any correction you get, maybe 5%, 3%.

[00:35:50]It's probably not going to be much, man.

[00:35:52]I'm just being real here. Like, the amount of money printing going on right now, yields spiking like crazy, inflation sticky, super high, debasement of our currency, the only way is it. And it's more amplified than ever because we're in more debt than we've ever been in. And it's getting exponential. So, we have to print more money to service the debt that our government's in. So, this is only going to get more insane and probably 99 stuff like this then double this this move right here. We'll see you up here. 30K minimum. I mean that's for just the memes and the psychological aspect but probably 312 319 the 2618 35k around the 3618 eventually man like any pullback I don't think we're going to get a crash dude we're not going to get like some sort of big oh my god it's black Monday no you had they had their chance the bears had their chance for that sorry dude you can't beat Trump, not when he's in year two printing this money. You're not going to win. Not the bears are not going to beat Trump. So, um, either sideways, down a little bit, and then more up.

[00:37:19]And it's not because maybe the markets are better or the assets are worth more.

[00:37:22]It's just because your purchasing power is collapsing in real time. the fastest rate it has been since we started uh since we got up the gold standard 1971.

[00:37:31]So get used to this Dow Jones Industrial Average futures. Uh so doing what it does, right? These M shape or these W shapes M shapes complete either reversal react reaction reversal or pause before continuing higher just still paused and our conditions are crazy good. So, probably going to break higher, but maybe more pause for longer, but near all-time highs, just suppressed right now.

[00:38:05]Okay. And then your uh Russ 2000 big bullish engulfing candle. You got to love this, right? Look what they've done. This is like a spring back test.

[00:38:11]Weird context, but and an M shape, too.

[00:38:14]Look, look right here. Look at the bottom right. Bottom right of your screen. X A B C D. That's a big old M shape.

[00:38:23]I mean, dude, that's crazy, isn't it?

[00:38:24]Look, let's see if I can do it here.

[00:38:27]Look at this. How insane is this? I mean, that that's legit crazy, dude. An index fund just Mshaping at the old all-time high from January of this year.

[00:38:40]What the heck? Nice reaction at least.

[00:38:44]Wow, dude. So, that's that's two tests. the sellers have attempted to lose 2740 twice and the buyers didn't let them. So, that's that's really good. You got to wonder um wow, did this engulfing candle today just cement potentially the beginning the genesis of some hidden bullish divergence on the RSI? Could be. It's a little early. Maybe a few more candles, but that's a that's a good that's good price action. That's stuff you want to see like you don't want to see if your buyer bull is lose 27 2740 then the buyers uh rally to test it and they fail they can't break 2740 and regard it as resistance. It's doing the opposite.

[00:39:24]It's doing good stuff we want to see. So those are your index funds. Okay. So um yeah dude um stormchasing went up couple days ago.

[00:39:37]Two-day chase first day. I mean I'm I feel like I'm an idiot. I'm so stupid.

[00:39:42]Uh again, I've only been doing stormchasing for three years now, three seasons. This is my third season, like actually. And um you know, I've been training by pros, but I was up there solo in Nebraska. And uh there was a really nice violent tornado, you know, that touched down, but I was in kind of the wrong position. I got incredible shots. I have not uploaded or done anything with them yet of the actual storm, but did not see the actual cyclone. Uh I lost sleep over it. that I wanted to puke. I was really upset with myself. And then um the next day, which was 2 days ago, um the 18th was um a moderate risk day in Kansas.

[00:40:26]And so I drove down on the 17th to Kansas, stayed in Kansas, middle of nowhere, Salina, Kansas. Never been there in my life. and um woke up the next day, met up with MEOGMA, and it was an early storm initiation. I mean, we're talking 2:00 when the storm started popping up.

[00:40:48]We headed uh west and north and then the storm that was supposed to drop, the big one, wall clouding, everything was good. It busted. I think maybe due to lack of shear and then that was kind of the moment where all right this is probably done. I mean Messo Gaml was he was done dude. He gave up. He was like let's go get some coffee and then maybe we'll head back after this. And then he goes and gets his coffee and then tornado warnings start popping off while he's in there. And then we head north. Another awesome storm uh started developing. We were in perfect position for it. It was about to drop like right in literally right in front of us. It'd be like the closest intercept of all time for me and not even close. Um but it didn't and it took us on this like hour plus chase like we were chasing this effing storm that t turned into a uh squall line but had great rotation on the velocity which is what gave me hope and uh perseverance that we we got a chance while Meo Gamma was just dejected and just was more um more on the not so optimistic side about it, but I was like, "Look, I'm up here, man. I got to get this, man. I need this." And so, we ended up taking a couple coin flips, got there, and then we got try to catch it.

[00:42:24]>> Let me uh let me show you. This is what we got. Okay, this is what we got, man.

[00:42:32]Let me see here. Going to try to catch a a tornado. Ronnie, you think we're going to do it? Touchdown. Uh maybe about to happen.

[00:42:45]This was it, man. This is in blue Rapids, Kansas.

[00:42:51]Yeah. Where's that? I don't even know.

[00:42:53]Still, I hate it. my uh 360 cam battery died and we literally had no time to even change out the battery. So, this is the best I could do with my GoPro. I had to open the window the whole chase and uh by hand hold this GoPro just so we could get it right there. Look at the bottom. You see the debris coming up off the ground?

[00:43:23]Yeah, it could have obviously been better, but this was a really nice intercept. We were very close. Very, very close. Turned right here. I mean, that tornado was where we were just moments before and caused tree damage and had actually uh a tree was like in the road and there's this big controversy about uh someone, you know, first responders trying to block off this road right here. It was a big cluster.

[00:43:52]And we we we got out of there and continued chasing this monster of a storm. And uh it did have really good velocity still, but ended up we thought it might redrop like it might come back down, restrengthen and turn into something bigger and it it never did.

[00:44:08]And then we called it and headed back, man. So that that that's the storm. You know, I'm going to give those little briefs. So that's that's three almost kind of four tornadoes in less than one month, which is like unheard of fortune.

[00:44:27]So um anyway, good good times, man.

[00:44:31]That's my hobby. That's sometimes why I'm not live. It's only like six weeks out of the year, dude. Six weeks out of the year. So that's what I do. And it's like, you know, it's hard to I mean, I'm I'm driving 12 hours, nine hours plus on these chases, these chase days. I am everywhere. I'm like a truck driver on meth when I'm doing this. Got drinking four cups of coffee just non-stop. So, anyway, thanks for listening. Uh anyway, so we could look at like these um let's just go to Bitcoin real quick cuz I mean come on man I I I put a lot into the equities right there, right? We spent zero time on on Bitcoin and I know people don't care about Bitcoin anymore but uh you know it's still worth looking at for a minute. Like you dude, here's the thing about it. People are already done with Bitcoin. It is crazy the amount of negative sentiment on Bitcoin.

[00:45:29]And I get it after the past five freaking days, after the rejection, the 200 moving average, but understand like the intermediate uptrend is not in jeopardy yet. In fact, the local low that you might be putting in at the heartline of this freaking channel, it's beautiful, right? Lots of respect on this channel. You're still in the upper section of the channel and there if we get any more favorable price action, which who knows, right? God, Bitcoin, if we got an engulfing candle today and a little follow through in the coming days, hidden bullish divergence would begin to develop. I mean, it could be starting today, but you just need more.

[00:46:04]There's too much negative Momo. You got to get some follow through. Um, but it could be the highest low of this little intermediate uptrend, which people would call just bearish consolidation. Sure, it could be bearish consolidation, man.

[00:46:16]Absolutely. But like you don't you don't have to be a doomer on Bitcoin um quite yet. Uh we'll let the data speak for it speak for us. And the data that would make things really trepidacious fear make us fearful would be when Bitcoin or if Bitcoin lost 738 and 73K. That's kind of like we're we're probably really cooked here. Um, but then again, this channel, right, extends as low as freaking 71K, 70,500.

[00:46:52]So, it's not over yet. Bitcoin's not dead or anything. It is just still a horrible performer. Like, it is like you are watching bloodlines be retired for equity holders, semiconductor holders. You just are. You miss silver, right? the gold run, oil, like you you have missed so many insane godlike rallies from other assets, asset classes that it really like you lose owning Bitcoin and crypto. People don't really understand what I mean by like you lose, you're hateful. It's like no, no, like I'm just telling you like it was there's no way to get around it. you made the wrong decision being heavy crypto or owning crypto in general when you could have owned other assets. It's just confirmed now. No matter what happens on Bitcoin, nothing can change that. So, we're just looking at it now. And technically, it's not dead yet, but it's Yeah, it's like uh I mean, my god, man. Still in a bit long-term downtrend. Yeah, that's for sure.

[00:47:58]Intermediate uptrend, but yeah.

[00:48:02]They could take it back to 812. Another 200 day moving average test. I don't think they actually even tested the 200.

[00:48:07]It looks like it, but they didn't. We scale in. Uh, but yeah, maybe the hidden divergence generates on the highest low of this little uptrend. Barely. It be from this low here to this high. That's an 88% retrace. Dude, that's a mini shark pattern. Actually is like you could actually go to like the 60 minute probably and and plot it. Wonder if Scott's software would and maybe it's not an 886. It's close.

[00:48:33]Be like something like this. X A Oh, no. Sorry. It's a bat. It'd be more like a bat. My bad. Higher. The A point.

[00:48:41]Yeah. Is the bat, man. Like, oh my god, there it is. Of course. Right. It's just there. So, you can't be surprised. Even if it if it fails later, a a little bit more of a reaction happens. Lower high.

[00:48:54]They run it up to back test 795 again before rolling over. But yeah, this might be, you know, the sellers might for a minute pause and some some r some buyers might come in here, but maybe not many. Okay, just trying to break this down however I can.

[00:49:20]Self-driving NATO truck. Yeah, right, dude. with all the stormchaser convergence never gonna work dude ever like traffic jams and all that. Here's Ethereum. I mean like if you look at the channel anchor point one and two on the bottom two or three and four on the top it's it's near the oversold threshold of this uh trend this little uptrend. So, sorry. Uh, so I mean that's a route, man. That's a nasty sell off. You know, things were a little more optimistic before, shoot, dude. May 11th and 12th and just the rug got pulled. So, you're nearing like 2K.

[00:50:12]Terrible investment vehicle, right?

[00:50:15]definitively. It's already happened where it's terrible, but it's worse than even Bitcoin. Like, it's not just more recently. It's It's literally for years.

[00:50:24]Terrible, terrible asset to own. Uh you're you're better off not owning this and owning other assets. And it doesn't matter if it went to 2400 tomorrow or tonight. Doesn't matter. Still terrible.

[00:50:38]You cannot make up for its underperformance for so long.

[00:50:43]and the the big life-changing rallies that have happened on other assets. So, um in the bearish control zone on the daily, just crap, man. But hey, maybe an M shape, you're not quite there. You still want to probably go to $2,000 if you want an actual low to high 886 from this low from March 29th. Yeah, you still got to go to like 2K if you want that.

[00:51:09]Like if I I'll show you like what what are you talking about? like from X to A to B to C to D. 886 is going to actually be 1989 if you want an actual M shape. It's got to go lower reaction. You have to go about 6% lower if you wanted that. But have fun, dude.

[00:51:32]Yeah, there you go, dudes. XRP. Oh god, dude. I mean, whatever. They failed to break 150. It's been routed. That's a fiveday losing streak. Maybe they're going to break it in an hour, six minutes, but it's so close that they might not. I mean, like depending on what happens, they it might be a six day losing streak, right? So 130 or 150, that's your trading range, I think.

[00:51:56]So dead asset right now, man. I mean, price action dead.

[00:52:03]Like, oh, dude, but it's it's Ripple.

[00:52:05]It's not Ripple, actually. It's XRP, the utility token. It's not an investment, but hey, dude. Yeah, it's 136. That's great.

[00:52:15]I I guess it's better than it was in November 2024, a year and a half ago.

[00:52:20]But what about lately?

[00:52:24]We already talked about it. Opportunity cost, you lose.

[00:52:28]Salana up 2%. I mean, maybe they're going to put in a higher low here. I hope so, man. Like, I don't want I mean, Dude, the crypto bros are so homeless.

[00:52:36]They're so destroyed. Maybe hidden bullish divergence on the RSI MACD could develop if we get followthrough on this bullish engulfing candle. Maybe.

[00:52:46]I'm I'm rooting for you, man. Like, if I don't want anyone to just like lose money, I don't have hate in my heart.

[00:52:53]I'm just like, dude, what are you doing?

[00:52:56]You know, like, you still care like about this stuff? Like you care about this stuff when there's stuff on other markets with incred incredible trends and higher highs, higher lows consecutively and then bullish dragon patterns at inflection points and what what you care some do. It's crazy crazy to me. All right, let's um let's go to gold real quick.

[00:53:26]This is kind of um the lack of opportunity zone.

[00:53:31]You know, you're kind of in the dead middle of a channel. You're kind of trading below a couple inflection points that are not even really like that big of a deal. I think you're flipping effing coins right now to try to strategize this with a trading plan on paper. Gold, silver, like I I just don't think you you have an edge. I think like you're if you're trying to long gold with a strategy, I think you're just pulling the lever at the casino slot machine, spinning the roulette ball, which is fine. You know, it's correcting after an unbelievable run. Late stage dynasty, remember, head coaches eventually retire from that and then you go into corrections that can last longer than you could even imagine.

[00:54:18]Like the most recent discernable event that exists on this chart is the lowest high of the correction. That's it locally. And you can see maybe what's going on like oh in the making minimum you have a an M shape where minimum you could be looking at like 41 4200 just for that to develop. And if that failed then you could be looking at wow a crab pattern 1618 at like 3600.

[00:54:46]So, these are just not these are not assets to care about as much as an analyst trader. They're just not because because that was the you had the party.

[00:54:56]You had the opportunities, the rectangle, the diamond, the ascending triangle.

[00:55:04]Silver, same story. Same story. It's chopping. It's sideways for now. They've got a buying base at 70 to $71.

[00:55:13]thing got destroyed in the past few days, but it had a crazy run days before that. Uh so yeah, long-term uptrend of course, but in actuality, so far these highs are both lower than the deadcat bounce.

[00:55:31]And you just don't know like what situation we're in. Oh. Oh, is the has the correction concluded or are we just rangebound now?

[00:55:43]and we're gonna rally and put in a lower high locally than May 13th high and then roll over, retest 70, then break and run to 50 again. So, you just don't you don't know, man.

[00:55:54]Plus, this isn't like the time, right?

[00:55:56]Risk on.

[00:55:58]Remember when all this was going on, I don't think some of y'all remember when this blowoff top godlike life-changing rally happened, equities were doing zilch, nil, nothing.

[00:56:10]They were they were selling off. They had not done anything in six to seven months. We're talking like Nvidia, Amazon, Microsoft was getting wrecked, dude. AMD. Oh god. Correcting long time.

[00:56:25]So that was the that was the party. Now now we're looking at equities probably stock market right now. Not not commodities. I mean copper I don't know, man. Copper is kind of better. Like it's actually a lot better. It's in a different universe right now than gold and silver, which is kind of crazy.

[00:56:42]Industrial metal more more so, but dude, ever rose gold, dude. You know, gold and copper together. It's ever rose rose gold. Uh 588 being confirmed as support bullish engulfing.

[00:56:54]Uh no, not bullish engulfing, but actual piercing line reversal today. So, hey man, this this could be like if this is a real back test. I mean, long as you're above 588, you're in insanely good shape for way higher prices. 7 8 $9. So, until that changes, man, hype hype for copper not doing the same thing at all that gold and silver are doing. Much a cleaner and better view of reality here.

[00:57:37]Okay. Are we doing okay? Uh, if you're enjoying the live stream, please like button, bell. What's up? Thanks for being here. Um, been kind of going hard in the paint.

[00:57:46]It's been about an hour now we've been live just churning out charts, turning from my not vacation, dude. Uh, stormchasing is not in any way a vacation. I mean, the amount of work I'm putting in, like having to like just my brain has to be focused driving and speeding a lot and then good god the again navigating through a bunch of other fromers.

[00:58:20]It's crazy. That tornado we caught, 99% of all the people on the road chasing did not see that. That's that's stormchasing. That's what's crazy about it. So, it's so weird. Um, so we can look at the TLT today. 20-year Treasury bond ETF. How'd it do? Hey, what's up, man? 1%. Nice. After what?

[00:58:46]What did it do yesterday? Oh, yesterday it put in its lowest level in two and a half years. No. Yeah, two and a half years.

[00:58:55]Well, yeah. Nice day today. Who cares?

[00:58:58]Horrible bond strike.

[00:59:02]Uh, DXY.

[00:59:04]>> Can we take a look at Palladium XPD?

[00:59:08]Thanks for all the wisdom.

[00:59:09]>> What's up, Pete Pervine? Thanks for the 20. Yeah, we can look Palladium. Sure, man. Thank you. Thank you. Thank you.

[00:59:14]DXY just been flat past four days. Uh you wonder why cough accumulation though. You you're wondering it it could be and that's kind of scary. Stronger dollar.

[00:59:28]Yeah. For now I mean like we could be looking at WO off accumulation nearing its final phase.

[00:59:37]And that's that's the phase C. And this should be all phase D right now. kind of weird, but holding up, man. Still valid.

[00:59:47]We'll keep our eye on that, right? Yeah.

[00:59:50]And um palladium real quick because we looked at the other three metals.

[00:59:56]Uh I know other people requested just real quick. It's It was Let's just look, man.

[01:00:06]Um not great really. It's It's in silver gold situation. Hold on one sec.

[01:00:18]>> Does Jake now know how to draw harmonic?

[01:00:23]>> No, not yet, man.

[01:00:26]Hold on one sec, chat.

[01:00:56]Okay. So, yeah, palladium though doesn't look look great.

[01:01:02]Like, you know, it look at that. I mean, the first thing that was really sad is that that bearish hammer, that shooting star, bearish back test, 1821, 1853. I mean, this is a big deal, man. This is not a joke. Um, it's such a real inflection zone.

[01:01:19]regarded as resistance. Then you made the lower low than previous lows. Now you're making a lower high uh than your previous high as well as formal bearish back test of 1583. Another very real level from history and now you've lost it. Now you're below the 200 moving average. Uh I mean the next target's 1250 1260 again. You lose 1260. It's a it's a mean reversion situation where you go from whichever low down here to high 886 is 964. That's what you'd be probably looking at.

[01:01:53]Yeah, you do not want to lose 1250.

[01:01:54]That's it, man. I mean, that's probably the party.

[01:01:59]Palladium on the same wavelength as gold and silver right now. Maybe a little worse, actually.

[01:02:06]Little bit worse.

[01:02:11]Yeah. You know why? Because silver is substantially higher uh than it was in November. And palladium's like the same price it was at back then. Shoot, October, dude. Forget about it. Silver and gold way better shape than padium.

[01:02:33]Platium is actually, if you talk about the four, gold, silver, copper, platium.

[01:02:38]Palladium is by far the worst technically in terms of structure, how it looks and its performance and and its uh relativity with Fibonacci nodes retracements. So, um sorry about your palladium, dude. Actually, I haven't looked at it in a while actually and it doesn't look great for now. I mean, just doesn't.

[01:03:02]Okay. Um cool. I mean, so we've got we're going across the markets, right? Uh look, look at one thing. Um Japanese 30-year or 40year 30 40 year which the one um I know it engulfed today bearishly but dude just hit alltime highs like all while I was gone like yesterday was an all-time high on a close. I mean this is the carry trade unwinding I guess still harder to borrow money. This is what people were doing right? They were taking US dollars. They were getting in Japanese debt, borrowing at cheap rates, and then buying US equities.

[01:03:45]But wait, Japanese yields are at their highest levels like ever.

[01:03:51]Yes. So, it's something a hack that people can't do anymore or as as efficiently if they are doing it now.

[01:03:58]So, okay.

[01:04:02]continuing to go insane.

[01:04:06]All right. Um, let me let me get through these uh requests real quick. All right, HTZ, what's up? The goo, man.

[01:04:19]Good see you, too. Uh, Doge, absolute garbage.

[01:04:23]Your mind is in the garbage thinking about Doge. I'll just be be telling you that. All right. Well, Hertz uh had that wedge and kind of whipsawed, broke out and then, you know, it just kind of concluded and then dumped and then rallied 708. The sellers reconfirmed it validity as resistance.

[01:04:43]Look, they took this level 708 from 2016, reggarded as resistance, and then it's just been rolling over being routed below the 200 moving average. You can imagine what's coming. 886 easy. Like, you know, they're going to guartly this.

[01:04:56]Well, I mean, it's a 618 on the B point, of course, but I don't I just like 786 maybe, but probably they're going to 886 it. We'll see if 465 holds. But, uh, that's all you got going. I've seen that before. Falling wedges break out then then M shapes develop outside of the wedge. So, or around the conclusion of the wedge wedge breakout. So, um, I think there's lower lower to go. 465 or 425.

[01:05:26]Nothing to do here. But wait kind of until a little lower. And hopefully if it does settle down and pivots right there, you're just looking at local higher lows and these lows are higher than the previous lows than the previous low. And you got this huge M shape here where Yeah. Like you want to see like the M shape concludes, right? The big one. And then you only want to start seeing higher lows no matter what happens after. And like you got a chance. Maybe they could do that.

[01:06:08]Yeah, lower though. A little lower. Um hopefully you'll get it.

[01:06:15]But either way, uh if it does 465 425, it's still kind of fine.

[01:06:22]Anything above um really I guess at this point 381 is fine on hertz for the long term pack sciences.

[01:06:40]Well, I mean opportunity cost. You look at stuff like this and it's just like like Ethereum.

[01:06:50]It's like a bunch of jokes, man. It's like who? No animal spirits here.

[01:06:59]Where's the composite operator?

[01:07:01]Now I get it. I get what you're saying.

[01:07:03]Um, complete a butterfly on the daily butterfly.

[01:07:12]Are you talking about right here? X point from March. So, typically if you're asking about harmonics, um I think it's better to uh I don't know about that, man. I don't think we we're looking at a butterfly. I think we're looking at an inflection zone that is extremely important. And to lose this would be death. And it's just sometimes, man, it's like, yeah, you're at the bottom of a range for sure. You better hope a dragon pattern develops.

[01:07:40]You better hope they start pivoting this thing. Like you better hope this is what you got going on right now. It's a dragon.

[01:07:49]Theopium you could smoke on is this.

[01:07:52]Maybe if there if the bottom's getting put in right now, which we don't know.

[01:07:57]You could say maybe some bullish divergence is definitely there on the RSI.

[01:08:03]N nothing there on the MACD histogram at all. Uh, you really want to see them recapture 126? That's all I can say, man.

[01:08:15]Yeah, 126 needs to be recaptured. Um, break the dragon spine and you might get a rally there.

[01:08:25]But yeah, I just like again I'm just like we're we're talking about like blow lun being retired from the mania we're seeing rotate from asset class to asset class to asset um equity to equity. Um it's insane, right? And it's just like we're looking at stuff medical specialties.

[01:08:45]Um let's see here. They literally never make money ever. It's extremely low volume. I mean, we're talking 4 million volume max.

[01:08:58]Uh, these are just like I mean, you can take your chance. Hey, dude. I like the the range, dude. It's been stuck here for over two years.

[01:09:09]So, anything you were going to do, it wouldn't be an investment. It'd be like, I'm taking a long here and I'm I'm getting the f out at 219 226 if I'm lucky. And that's it. probably that's as far as you're taking this thing.

[01:09:24]Like this is this is that's it. I mean and I don't even know like that's the only way you could play it. Yeah. 106, you know. Then you can be be like, "All right, was there an M shape here? Maybe that's a D. Is that a 618?" I mean, these are too perfect. The A and the C point are too perfect. So, it's not a real M shape. You know, there's just a lot of weird stuff about it that's like, yeah, dude. 106. Go with God. Hopefully, it doesn't fall below that. Hope I don't think you want to own this crap below the 2012 old all-time low.

[01:09:56]There you go. There's your pack B, Dutch, man. Thank you for the $20 super chat. INFQ for Kais inflection with a Q. Yikes.

[01:10:10]Um, well, there was a nice wedge and it played out. I mean, did it hit a 50% retrace probably? And that's a >> Can we take a look at?

[01:10:19]>> Yeah, anonymous. Thank you. We'll look at a W. Crazy, man. So, falling wedges, the when you use Fibonacci from the highest point to lowest point of the falling wedge, the common targets for a trader would be a 50% and 618. And guess what? 78 1787 50% got hit and the 618 2007 got hit. 20 bucks and a swing high from January 9th. So, good confluence there. So, a trader they're out 5618 and then what happened?

[01:10:50]It's it's lost 78 plus percent of its value from the bottom from March 30th.

[01:10:54]So, um it looks like it was a someone traded it, I guess, and they dumped it and now it's just crap again, but it's outside of the of the wedge. And maybe they can hold on to 10 bucks, which I don't even What is 10 bucks here? Oh, it's the old all-time low from July of last year. Maybe they come and test that and hold it. But I do I see something actionable imminent for reversal? Not quite. I don't think the oscillators line up for a dragon pattern or anything. I I guess you could be like XA BC, but is the second foot even in? I don't even know, man. So, doesn't really look special to me. But yeah, maybe if they as long as they put in a higher low, I guess the nine bucks and they can hold the price above 10 bucks, I guess you're okay. I just don't know how long it would take. Remember, we're talking about lifech changing rallies, runs happening right now and and this thing is in the effing gutter and it's just like it's better off playing momentum AMA, dude. I'd probably rather own AMA at the bottom of that trend line of that uptrend than I would INFQ.

[01:12:14]Like sometimes these things are beaten down and destroyed for good reason. It's like you might it might be better to own assets and own them for premium than to own a piece of garbage for value.

[01:12:28]Value might be relative here. Uh guess Oh, guess what I've learned? They know they don't make Yeah, they don't make money on their I guess they have one earning report. Yeah, they've only had one earnings report and they lost money.

[01:12:44]Guess they didn't report any. They didn't have to maybe or something. All right. Okay. Thank you, uh, Kaisen man.

[01:12:52]Uh, plating we looked at uh, anonymous.

[01:12:55]Thanks again for the 1337. Yeah, he loves the M shapes and W shapes. Dude, I'm teaching in the way slowly but surely.

[01:13:04]Adobe, the last request that we've received today. Um, this thing really really um is interesting how much it failed. Uh, there was an old Mshape that just duted out. I mean, the thing is though, it never even reacted at the 886. That's what's so weird about it.

[01:13:24]So, you are currently on Adobe trading below an inflection zone that you desperately need to get back above. Can y'all hear me? We good?

[01:13:36]There is no structure locally.

[01:13:39]Really? There there's some pretty good divergence, triple bullish divergence down here. Um I I guess you could use your imagination and be like, dude, it could be a lower low dragon that already broke out. Okay. All right. Let's just benefit of doubt here, you know.

[01:13:57]So it maybe what what will happen. The problem is the trend is so bad, but I I'd imagine this is like overdue for some sort of exhaustion rally. That is nice divergence on both oscillators, but dude, take with a grain of salt. You know, it's like below supports, but that that is like they continuously are showing less momentum and and seller exhaustion. Uh, but you're below the key level that look, it's not my opinion. It goes back to March 2020. It goes back to a swing high from 2018. Uh, look, it goes 2019. It's just a real look, a resistance reversal 2018. It's real. And you're currently trading below it. But maybe all this exhaustion might usher in a rally that could get the asset above that level. And then you could just think about it in this pretty nasty long-term downtrend. Now maybe maybe this, you know, you might get lucky and you might get an 886. It could happen.

[01:14:53]It's Adobe. It's packaged software, right? So I mean they they could do that still be in a downtrend, but your issue is also like if you're in a downtrend, you're trying to long things, remember underperformance like these waves might not be as strong. I mean, you might not even get there. We might get to a 618.

[01:15:12]And there's so much supply at 313 63, that high from 2019, that they can't even make it to the 886.

[01:15:25]Oh my god. Hold on a sec.

[01:15:31]Can we take a look at love?

[01:15:37]Uh, yeah. Yeah, we can.

[01:15:42]What the Hold on a sec.

[01:16:06]Okay. Sorry. Uh yeah. Yeah. So, I mean, it's just kind of like it's not quite everything we want. The trend's not your friend at all, but it's so destroyed that maybe they could recapture it with this exhaustion.

[01:16:20]Yeah. I mean, whatever. So, love. Yeah.

[01:16:23]Southwest, right?

[01:16:25]Yeah. Airlines. Uhhuh.

[01:16:30]Oh, yeah. Nice. Interesting. Yeah. I mean, you were up trending now. Bunch of higher lows. Anything above 35 to $34 is solid. Yeah, you put in the highest high and pull back. But yeah, dude. Anything above this um see this zone here, this extends back to 2014 right there. Swing high, swing low, swing low, swing low. You see how perfect? That's beautiful tests. It's exactly where good things turned around in 2020, the Vshape, the pullback. So if you stay above that level long enough, you're you're great for higher prices.

[01:17:05]So Southwest actually very interesting here. Great. The trend reversed at least intermediately, right? You put in the the lowest low, then you put in the of course, right? What was it? You can see it, man. Like how did this trend reversal occur? You could have done it either way. Of course, an 886. Duh.

[01:17:26]Duh. Right. The shark. And then kind of a type two return. And then higher lows.

[01:17:30]I mean, been the higher high before that and then the highest high. Now they're trying to put in the higher low. Um, they survived earnings, trying to stay above the 200 moving average here. And, um, yeah, I I guess like maybe stop loss below 33, $34.

[01:17:51]Uh, $47 I think is going to be your target back up here. 4720.

[01:17:57]That would probably be your target. So, uh, there you go, man.

[01:18:04]Yeah, love. Love pretty good here. All right. Airlines in general, like even American Airlines back above that level.

[01:18:10]They recaptured, reconfirmed. Uh, Delta looks good and and love. These are all uptrending after nice little corrections. Kind of reminds me of US oil a little bit. US oil stocks, too. Like, uh, just oil stocks, right? Like, um, Chevron, like, wow. I mean, they they broke out into all-time high price discovery and they're still above that and they just had a nice pullback and have shown like structure and maybe like I don't know, US oil did terrible today. It was its worst day in a while, but and they suffered big time, but um they they they're in long-term uptrends.

[01:18:47]So, whatever hap, it could be the top.

[01:18:48]It could be over. But yeah, dude, like they're they're kind of like love a little bit. So, uh, anyway, yeah, Triple D looks great. Visy, man.

[01:19:01]That's that's a good accumulation structure setup.

[01:19:06]>> Yeah, we can do it right now. Vincent, man, what's up, dude? Thank you so much.

[01:19:09]>> At Vincent Le Chappella 7432, super chatted $58.34.

[01:19:14]Hey Mitch, hope you're doing well.

[01:19:15]>> Oh, it's Oh my god.

[01:19:17]>> Can you look at there? Thanks a lot, guys. Good to see you.

[01:19:20]>> Oh my god, dude. It's doing the thing we wanted it to. Remember, we need a type two return.

[01:19:29]They need to hold this level, you know, there, right? Everything's coming together on this. Look at this. Look at the histogram.

[01:19:38]And it's up 16% today. It's like, what do you do? You had to kind of be in that around this level and just have faith. I think it was a setup maybe. I can't remember if I posted this one exactly, but it's all about that 172 177 level.

[01:19:53]That's it. So this what do you think could happen?

[01:19:58]XA B is the dragon and the dragon 886 and same structures. An M shaped W shape. They're both sharks, but I'll change the the color for you so you can see it. I mean, that is what a dragon is. So you're you're legit playing not just a a bullish shark type two return at key inflection point with seller exhaustion. You're also playing a dragon pattern right here. You see the dragon and then 886 in the threes. Okay. So there you go Benson man.

[01:20:39]Very cool.

[01:20:41]Watch for setup. There you go. C. Well either way man stop loss below 160s. I mean it would be nice if we get a little pullback. you know, trying to buy into a 16 plus percent up day is tough and I' I've been gone, man. So, it's my bad for not keeping up. But, um, but like, yeah, it was kind of weird, you know, until today until it gapped up and ran like that. So, maybe we get a couple days of a pullback. They recapture 177, 172. Um, Yeah. So, uh, you're in good shape there.

[01:21:27]Actually, good shape. So, we'll keep monitoring this one. Maybe we get a little pullback.

[01:21:33]I don't want to try to like post a trade setup and then it dumps like 7% and it's still fine and it's like, oh, I bought and I lost 7% immediately, you know. Um yeah, looking good there actually. Wow, dude. Kind of crazy.

[01:21:54]All right, chat. Uh I got to get out of here, but um thank y'all so much for coming out.

[01:22:03]Uh we'll keep monitoring the situation.

[01:22:05]I'll be live again tomorrow, like back in it, man, till the storms bring me back. Uh, so thanks for coming out. I'll be back.

[01:22:16]>> ADT, please, >> bro. I kind of I gota I gotta go, dude.

[01:22:20]Like, you can't I mean, thank you, dude. Thank I am I am grateful. I'm just like, I kind of got to go. It looks like trash to me, man. I mean, it's I don't like it. I wouldn't buy it. You really going to buy some neck beard crap? No thanks, dude. Maybe 105. We'll look at it again. Maybe when it gets to an 886 from previous low to high. Look, low to high. We'll look at it again at 103. Dow Jones 103. Until then, I don't give a crap about this. No thanks. It already bad action magnet move. It back tested the B point as resistance and is rolling over. No thanks, dude. I wouldn't touch it, but I would look at it again maybe at 103. I don't think I'd touch it at 103. I would assess it again. Reassess at 103. Okay, key sport 886 M shape completing. That's the level to be carrying. And then guess what?

[01:23:15]Maybe by then you're oversold on the RSI. Got it. Thank you, dude.

[01:23:20]All right. Yeah. Thanks again, everyone.

[01:23:26]I'll be back.

[01:23:29]Until next time. Respect the TAD.

[01:23:35]Please. Peace.

[01:23:54]Hey, hey, hey.

[01:24:04]Hey, hey, hey.

[01:24:52]My name is JP. I'm a robot. I like robots. I have a robot vagina.

[01:24:56]>> I have some evidence. Fan bear pig could be in this area.

[01:25:00]And then just like that.