Ummm no, not a bot.... and there wasnt a pullback in "price action" as the video suggested . If you got short, you didnt last long lol. Institutional desks have however withdrawn 1.47 B from SPY during the 30 day period ending the 14th, most of that happening within the past two weeks. Speaking of bots, in spite of the oddly low volumes in the time frame leading up to this video, and the fact that the banks are reducing long side exposure by 5 % so far, the index continues to drift up. I do appreciate this channel, I think he is on point but at the time it was published probably a little bit early.
"and continuation... into those blue skies" - well stated Matt... larger time frame 'don't lie.' plenty of opportunities for pull backs, we'll no doubt see them over time. trade as structure demands, location pays.
do you have a video on how you set up your Core List sections/tickers? I was going for a similar setup for my tradingview account, this would be great to reference!!
Thanks Matt! My main take away is that SP might not be so bullish now that NVDA is Split and small cap look like a weak sauce Not help either. See you Monday 5 am PST for morning Prep.
Fire, it has to do with the gamma squeezes.. less likely to happen with lower options interest and sellign at the fringes. Doesn't mean its dead, but wont be as aggressive IMO.
Part of your fundamentals, I’ll be interested on how the 10 year auction goes. Hasn’t been good so far, not good for the home builders. Replacing IBM with the MU and COIN trades. Coin, I’m looking to add and MU maybe a nice swing trade. Thanks Matt!
I would love for you to go down the gamma/options flow rabbit hole. Might be interesting to see if there are areas of confluence using market structure/volume profile analysis and gamma exposure analysis in options flow. Seems to me it is the only piece that you are missing in terms of thorough analysis.
Certainly a possibility, however its my belief that this is all priced into the current structure. (outside of all time high blue skies). You when options flow, so does the underlying as a hedge to the market maker.
Given the current resistance level around $217.57 on the XLK chart, how do you assess the likelihood of a breakout above this level, and what key indicators or signals would you look for to confirm a sustained upward move?"
Agree I'm not too happy with the performance. Would really prefer not to have to move to TradingView... we'll see how and if they gaffe it this weekend.
Cheers JT! Sorry to hear about the account blow up, but it happens to us all... Been there done that (admittedly multiple times). All about persisting, and finding that strategy that allows you to stick to your risk.
Dude I thought I was hot shit until 2 minutes into the video you started explaining your analysis GODLY LIKE 🤦🏽♂️ I’ve never heard such literate statements in a RU-vid video ever you got my sub.
daily qqq has a wolf candle (very dangerous candle) need confirmation on monday but looks like we are headed down to me. mfi headed down on qqq 4 hr but on sqqq its headed up? qqq below 30 min cloud of death sqqq above the cloud of death on the 30 min. monday should be a interesting day.
It certainly is something to wonder, were they after lower prices and wanted to take advantage of "higher for longer" for some better pricing. Obviously this would not work so well after the Fed starts to cut rates so now or never.
Rotation out of tech and into small caps might be the only thing that saves the market from a healthy all-around pullback, but judging by the way the dollar is moving tonight, it may just be all around risk off.
According to my indicators 539.18 is my target. History shows SPY price going up in June and July, 6.03% in June and 3.36% in July. Then down in August.
Great job as usual. As for the ADP numbers they track people with SSN, the NFP is a survey that does not ask if the people hired have a SSN or not, which makes it a better reflection of what is really happening. However, I always think the truth is somewhere in the middle. Look into it, I may be wrong.
Great TA as usual. Enjoy and learn a lot from your videos. A little bumps this video but everything is “ good in the hood “. Thank you Matt. Please keep up the good work.
Amazing insight on the co-relation of money bw NVDA and IWM. Hopefully IWM recovers and strengthen the move on SPY. Friday, was bad only because of small caps struggling IMO. Hope we have a great week ahead.
Yeah, but a split at these levels will do what the AMZN split did to the options market there... made it worthless for the fringe sellers to collect premium.
@@TradeBrigade yeah I realize it is very subjective - but if I reverse the scenario and say what would happen to gold if the Chinese decided to sell for the next three months I think it would be fairly bad for the yellow metal
After coming out of a pullback, it probably just wants to ride the five day for another month or two, with a few touches of the 13 and 21 here and there. It doesn't feel like another test of the 50 is needed at this time. It just feels like MM want to pump until pre-election where we'll get a nice juicy late year correction.
Thanks, Matt!🙏🏼 Love the analysis as usual. Maybe TSLA will get out of its range after the vote on Friday? Good job handling the technical issues (Schwab has not done us TOS users any favors). "See" ya in the Penthaus Monday morn!
Thank you Matt! Always enjoy the videos and appreciate all your hard work! Even with the switch to TV it’s seemed seamless and the analysis is always spot on 🎯💯🔥🐐
Thank you bro! I’m watching AMD for a breakout of its lil bottoming pattern. Watching AAPL for 200 target and or breakout move above. China pulled back solid. God bless you all! 💪💪☀️☀️☀️
@@TradeBrigade thank u bro i did make a nice tradea on this. you are very cool for scoping the comments and plays after the fact. its a fun thing to be a part of. love good teamwork!
@@TradeBrigade for full disclosure i entered a 210 call from friday. made a nice trade on that then flipped it back into 3 weekly 210 call during the consolidation around 8-9 am pacific time. by end of day i closed two of those weekly calls to provide me one to hold overnight. i got lucky with the second day momnentum for another nice win. overall made about 300% twice. hope it helped you as well some how! thank u for the work
Nasdaq will sell off sharp going into Wednesday then rally the rest of the week. Dollar will selloff later into the week as well sub 104. Indexes mostly ATH again. If you short into the run down, you're gonna get slaughtered (again) ps. this is not advice.
The EV Summer Surge Grows next week.? FSRN up 27 % month . Fisker. Rivian rising 5 % wk .15 % month.. Lion Electric up 21 % month.. Tesla up 5 % mth..Plug rose 13 % mth and ChargePoint up 17 % month. Thumbs Up video/ comments. Thanks.
can we just say ITS TIME TO TAKE SOME FREEKEN PROFITS INSTEAD OF THESE RU-vidRS AND MEDIA CREATING SUCH DRAMA About Pulllbacks like its some EVIL THING.. PEOPLE, INSTITUTIONS, SMART MONEY WILL TAKE PROFITS SOMETIMES. IF YOU DONT? YOU WILL HOLD THE BAG And be upset then looking to HYPE For answers DO YOUR OWN RESEARCH
can we just say ITS TIME TO TAKE SOME FREEKEN PROFITS INSTEAD OF THESE RU-vidRS AND MEDIA CREATING SUCH DRAMA About Pulllbacks like its some EVIL THING.. PEOPLE, INSTITUTIONS, SMART MONEY WILL TAKE PROFITS SOMETIMES. IF YOU DONT? YOU WILL HOLD THE BAG And be upset then looking to HYPE For answers DO YOUR OWN RESEARCH
Another Jerome week already? Press CONFERENCE Wed !? Lets Watch and see if he's been using Elissa's Oil of Olay with Retinol looking nice and Fresh, with only (3) adjustments to his glasses holding his hand over his heart, wearing the Famous PURPLE Tie he Speaks Moves The Market!!! With such EPIC comments like " I'm not an economist Im a Lawyer " , "I'm not the highest paid person at the FED!! " and the all time Fav " Infaltion is Transitory ".. So sit back, Check your Platform connections Twice cause PAPPY POWELL GONNA HAND IT OUT!!!! JUST OPEN YOUR DAMN HANDS!!!!ITS THAT EASY!! Wuv ya Matt!!
God I wish you would do a segment in which you analyze FOREX more pointedly. I can't seem to find anyone else who reports on market analysis like they a giving us a weather or traffic report 😆😄😂
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Miller.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
No... The video outlines exactly where the daily LIS is. So far we are above. Not wrong a bout the engulfer being invalid. We made a higher high. Its old business.
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can we just say ITS TIME TO TAKE SOME FREEKEN PROFITS INSTEAD OF THESE RU-vidRS AND MEDIA CREATING SUCH DRAMA About Pulllbacks like its some EVIL THING.. PEOPLE, INSTITUTIONS, SMART MONEY WILL TAKE PROFITS SOMETIMES. IF YOU DONT? YOU WILL HOLD THE BAG And be upset then looking to HYPE For answers DO YOUR OWN RESEARCH
