Original subtitles

Welcome back folks.

Good morning.

Um, we're looking at daily of the dollar index and this morning we've had a

little bit of a rejection of yesterday's low, and we have to be mindful of that

because we're still inside this WIC.

Hello at 99 point 46.

That was what we'd been eyeballing and seeing if it wants to get below that

if it had any momentum to continue going lower, we would have been looking

for and still are really 98, 90 big.

So in that area, that's what we're looking for.

Downside objectives for a, for dollar index, but we are still

in a really large trading range.

So let me map that out real quick, where you can see what we're looking

at in regards to the range idea.

See how price is trading in this rather large consolidation, sideways motion.

There is always a potential that the market can reverse here.

And that's why I knew that yesterday it has a stable.

This level here.

Now I got questions by way of email.

Why am I using the 100 big figure level?

And why am I nuding it on this down candle?

So I'm gonna explain that to you now.

And then there'll be an extra fee on PayPal for this.

So just get yourself ready for it.

I'm just kidding.

Well, come on, Michael.

All right.

So we have.

This down candle.

Okay.

The down candle, what we hit into this potential order block over

here, the down candle rate for this up move price, hit that here.

And then we had a response rate there.

This up handle.

Didn't get cleared out with this candle here, but it did get violated here.

So I'm looking at this okay.

As a, kind of like a mitigation, but.

So this buying opportunity in here to sent price, responding,

responding off that bolt or block, I'm looking at these orders here.

If they come up to that and hit that level, if they're going to

sink it lower, they're going to want to take them off at that level.

If we get above it, then, then obviously that qualifies this as a stop run.

And we will be looking for, not that we can expect to see happen, but

this down candle now becomes one to watch as a potential by a bullet or

a block, but that has to happen once we get to this level and through it.

So if we get through it and then come back down, hit this level again,

that would be a buy in it's this, this right here, this down candle.

If we hit.

That would be a potential buy, but it has to get above the 101 big figure to do so.

So that really reiterate what I'm referring to and why I'm looking at

this one, this down candle hit this one and we saw responsiveness after.

So we saw that by move here.

I'm not looking at this as a up candle or potential bears or block because it's

on the heels of this candle hitting.

This order block here.

And we did see responsiveness, but we saw it fail.

So this becomes a mitigation block.

Okay.

And how we use breakers and mitigation blocks is we're looking from the

low end up to the midway point.

That's all it's required for it to take the orders off.

It's not going to come all the way back up here.

It just needs to come back to the midway point.

Okay.

And that's why I'm using the 101 level.

Let me take this rain thing off now.

And.

So I'm watching see what we get with the dollar index here in regards to,

I'm going to take this off because now we all know why that 101 levels there,

but if we do reject and come up to here, that'll be interesting because we'll be

looking for equilibrium at that point.

And equilibrium on this range is seen here.

Let me put the siblings.

You can see the level that's our low.

We created so far.

And here's our high and equilibrium will take us up to here, right?

In the midway point here.

Now we clear out the buy-side liquidity as well.

So even if it does this, it could still be long-term rolling over and going lower.

But if we climb back above equilibrium, then that puts us back in sync with the

higher timeframe bullish trend for dollar.

So we still have a lot of ways to go to break the short-term.

Quarterly shift that we're seeing now that's been embarrassed.

It has to get a little bit more higher than where we are now, before that would

change the expectation for lower dollar.

But if we, if we do get back above here above equilibrium, then that

would be a pretty significant in my opinion, because of the things we're

going to discuss today, uh, Euro.

We saw price.

Give up the ghost here about the rate above these equal bodied candles.

Again, same thing.

We're looking for price.

It has to stay above that one hundred and six sixty five level.

So it can't, uh, it can't violate that level.

If it does, then we probably have priced in significant high.

And then we'll be looking for the sell side liquidity below these lows in here.

More specifically rate below the bodies in here, but it can go below

the lows, the form of the word.

Cable, maybe that made it up to a one 20.

What is it?

1 26 75 was it?

Let's see here.

1 26.

Good grief.

Where did I hear the high one?

26, 75.

Uh, interesting.

It's actually really close to this last up candle here.

Cutting through all this business.

You get up to that last candle, you know?

Just throw this on here real quick.

Just for contrast right there.

There's the opening on that candle bare shoulder block hit that shirt,

some responses responsiveness, rather to, to that level.

I still think that this thing will want to go above these equal bodies.

And we're so close cable has a tendency to do one more run higher,

or one more run lower they're really, uh, they're really aggressive

with the British pound to that's.

Why like trading it cause it's wild.

It will go one more time for a level that you thought was already done.

So when we lose and if we lose, rather, if we lose the 24 50 level,

that puts us back in consolidation, and then we would look for.

Um, potential run for the sell side, liquidity resting below here.

Uh, 24 50 is below this candles low and about midway point of this WIC in here.

But more importantly, it's obvious evidence that we've probably

kept the upside for right now.

And we have to wait for some longer-term.

Consolidation and then make one more pass up to that 1 27 27 level.

I really liked that level up there.

So I'm trying not to marry the idea too much, but do you suspect that

they're going to probably run that in one day's correction really?

Isn't it's only had this down candle in this down candle since

we've made the lows down here.

So it's, it's expected to give a little bit back.

Plus if you do some measured move ideas to high down to this, this low, we

basically got that same projection up.

So it's not.

I don't want to do it like this.

I'll show it to you.

What I mean by that, I have a tendency to assume everyone knows

exactly what I'm referring to.

And I don't, I don't want to do that.

If I do it, sometimes I

take a great deal of Liberty and doing it, and I want to make sure that

you guys understand what I mean by,

so we almost made it there to have the low heat.

To the high to low, and we only spent it there.

If we used the bodies of the candles, you'd probably get a more cleaner response

in a probably actually overlaid better,

some, uh, matching the high of the body and the lowest body here.

And then we'll add that and we'll remove this.

And I'm adding it to the lowest of the body's candles here, right in here.

And that takes you right to basically where we fulfill it.

So we had a pretty symmetrical measured move there, just not bad,

but I still suspect there's probably a little bit more juice in that lemon.

And I think we'll see at 1 22.

27 level hit.

So even though it's given back a little bit here, look at the contrast between

the cables retracement today, today, and then look of that, of the Euro dollar.

It just looks like a you're a doctor.

Yeah.

Just give up on life and just roll right over.

Um, we still have this down candle in here.

Okay.

And this is the mean threshold one, and that's why it's being noted.

So we want to see if it has the willingness that we capitalize

there and then push it up.

I don't like that.

Topping here.

So even if it just goes up more, more time, if it does make a high

there in the dollar, turns around and goes bullish again, I'd still think.

And would rather expect more, more drive up above these highs.

It's just to this level here at 1 0 7, sixties is too, too obvious.

It's too clean.

I don't like how it's done.

It's only whipped through it.

Went through, it, went through, it, went through it and all

this business over here.

So I don't trust seeing a high form at this.

So even if it comes down here eventually, um, we see it starts to trade higher.

We will come back to this level as an objective to wash out any ice that's

it will be resting about, cause this is really bolstering the confidence

for anyone that's bearish one, you're a dollar they're going to like that

1 0 7 60 level one I'm seven, seven.

Four stops and they're going to really be building them up, which is what's exactly.

Maybe the catalyst for why we're seeing this move down to engineer,

more buy stops up here because maybe there isn't enough of an order, um,

uh, block sitting up there and they want to allow all the binary that

assumed over here all the way up.

They want to be able to get these positions off and they may

not be enough counterparties.

They're.

And dollar CAD.

Uh, we had it hit exactly at that 30, 53 level.

We were watching, again, this one's kind of sneaky, so I would

expect this thing to eventually sharply now, cause it's winding up.

I think it's going to snap hard down below this level here and

hit this order block at 1 29 34.

And this can happen regardless of what the dollar does.

I think this is being pushed around because of crude and that's going

to have an effect on this pair.

So we're still looking for downside objectives.

1 29 90.

Then a 1 29 34 next that's the level I really liked the 29 35

level specifically Aussie dollar.

Um, this one here still had that struggling point at that, uh, one,

always at one in front of my stuff.

When I talk about these kinds of pairs, it's 76, 10, um, since the up in here.

We saw some weakness today.

Um, to me, I suspect that we'll probably want to here's the main threshold on this

last down Kendall or bull shorter block.

It's already capitalized that block.

So if we come down, I'm not excited about seeing this being a new bike.

I would like to see it dip down into a deep.

If it did that, I'd be more inclined to anticipate, uh, a move higher, but

a more, more likely that we're probably going to see that we get through

this and run the sell side liquidity.

So I think that's what we're probably going to do here.

Um, I don't know if we're going to punch higher.

Uh, I don't know that, but if you are short today and you get opportunities to

do, I know, I feel you actually sent me emails and screen screenshots about what

you did based on the Aussie dollar daily.

Um, don't let profitability escape you to take something off in here.

And Euro pound, we did get our run below the sell side liquidity.

This bodies in here, we did sweep down below that.

And again, With very little draw down on the daily on pound dollar, but

we had that big washout with Euro.

So that's why we saw this pair actually give exactly what we were looking for

a run on that south side liquidity.

So this is actually a, a dead, dead, dead space here.

It's no longer valid, but we keep it on here for a day.

So that way you guys can see.

What has transpired.

So we hit that to the next area of south side.

Liquidity is down here.

Buy-side liquidity remains up here above the bodies here.

So I said maybe we point measured move so we could see a

little bit of a bounce in here.

You see like ease a bear flag, classic price pattern down to this level here.

So we have a little bit of a wick still on this, uh, candle comes in

at 84 50, so we could see 84 40 and then if it really loses ground again,

we're looking for the movement.

These candles bodies and look for the sell side liquidity here, any

equal body candles here as well.

I like that.

So let's put that level one.

Now that we have some, a nice movement.

This is a level we're watching now.

It comes in at 83 40.

So there's your downside objective.

I know this could be.

This could be a swaying tree where we see another, this move to

this move here, projected lower.

So let me give you an idea what that might look like.

There you go.

So we got to find out what that level is here, and then you'll

have a longterm potential swing projection for Europe European.

So 78 33 could be where we ultimately go.

If we break this level down here, this whole move.

You just swing that down and it's a hundred percent measure move.

So this move from here, equilibrium up here, I'm using the fit to basically

measure from equilibrium up to zero line from equilibrium down to the 100 level.

So from equilibrium or 50% of the fib level to this is exactly

the same range as this to that.

And this is classic swing trading model.

Actually, you can learn that through my pre.

A couple of years ago did that thing, but it's the same stuff.

It doesn't change.

And that's, that's the business for, uh, for currencies rating.

I just want to double check one more time.

Yeah.

I'd like to see it stay above here.

I mean, with that in here now I'll have that in today's.

That level is 25 30.

You know, I want to see a stay about 25 30.

The reason why I liked that is the body stopped on this chemo here in the open

was exactly right there where it didn't allow any kind of, uh, a deviation

didn't give us any, a big push higher.

It stopped here.

It stopped here.

So I like, I like this 25 30 level.

If we lose that, we'll probably have to revisit this level

down here and that's not.

So, if it goes down to that level, we've already touched it here and

we had a nice response off of it.

So they come back down again, it will require some consolidation at that

point, if not a complete breakdown and go for the sell side liquidity.

So watch that 25 30 level, that's your threshold for the bull.

We don't want to see that, uh, lose ground.

And until that does, we're expecting 1 27, 27, 1 more quick.

Look at the.

That's a nice little push you off.

Doesn't mean it can't roll completely over still, but I like, I like seeing the, uh,

the clear levels that promote movement, and we've already hit these two candles

here and now we're back through it.

So we have to be monitoring that one on one level for a dollar, because

that's going to be the catalyst for what we see going forward.

If it hits that way.

And we see a sell off and really responsive, really responds well there and

gets down, back down to this level here.

It will absolutely have no problem going rate for this level, but we have

to wait and see what we're going to be, uh, finding in price action to support

whether it's going to be the rollover that we're expecting for that sell

side liquidity, or if we have already made the low and we're going to be

looking for the buy-side liquidity.

So right now, I don't know.

But by all indications with at least with the cable cable still

has an unfulfilled objective of 1 27, 27, that old clean high here.

I just don't think they're gonna leave that intact.

They could, but I just don't think they will.

So since we had a failure swing here, it didn't even try to get

back about any, it may be if they would've did it one more time.

With all these number of days in between where it made these equal body candles in

here, again, not the Wix, it's the bodies.

If this would have punched through.

And then when we'd left that area, then I wouldn't be so

inclined to expect 1 27, 27.

I would've been like, okay, well, this is probably it now, but because

we didn't go one more time above it, we just have two candle wicks and we

tried to get there and couldn't do it.

And when we're already there now, why come back?

And we've already been here.

It's going to come back up at this level, make it good, make it, make

a real run on the buy-side and go through that 1 27 30 for even, you

know, it don't just stop at 27.

Let's go to 30, but that's that?

Um, I do want to talk about the, uh, the stock market.

So give me a second.

Let me transition over to bar charges for a second, please.

All right.

So we have March contract of the treasury.

And I got basically August of 2016 and we had basically a

complete breakdown on the debt.

We've made a really stellar down move.

It's been really solid.

It's been strong.

It's not had any kind of real major corrections whatsoever with

the exception of just this recent move here around Christmas time.

And then we've been since trading lower.

I'm not sure where we're at right now.

Let me refresh the chart.

See if it does anything for the data on this.

Yeah, we're right in here.

Now my question to you is this.

If we're looking at the bond market like this and bond prices is what

we're looking at is it's not the yield.

Okay.

This is bond prices.

If the bond price is dropping.

That means what for the yields, it means that you got higher

yields, you have lower yields.

What does that mean for you?

Higher yields?

Now the stock market does not like higher yields.

They don't like higher interest rates.

So if we see the bond market has been in a, well, what is it?

We have 1, 2, 3, 4, 5, potentially six months.

Okay, six months.

What did I tell you in, uh, intermarket analysis video about how the bond

influence has an effect on stocks?

Usually a turnaround time or a lag time of six to 12 months,

because it takes time for.

The effect of interest rates to seep into markets.

Now with the stock market, the stock market right now is raging.

You know, everybody's talking about how, you know, it's, it's hit 20,000.

Therefore it's got to go to 29,000.

It's going to 50,000.

Everything's going to go higher, higher, higher, you know, everyone

should be buying stocks right now.

And that's not what I see here.

We have, uh, from August and September all the way to present time.

We're seeing the down move in the bond market.

Okay.

So if the bond market prices are dropping, they're on a downtrend.

Okay.

We're seeing that weakness across the board on the 30 year.

The bond price is dropping is inversely seen in higher yields

or higher interest rates.

Again, theory the bond market effect on stocks when interest rates are

increasing and we already heard the fed, they plan on doing several

incremental increases in interest rates.

They are perfectly timing this with Donald Trump, uh, election and presidency.

So it's going to be a perfect excuse for them to say, well, it's because of

his radical policy changes in ideas.

That's what caused this.

I want you to know that this has already been in price because of the bond market.

If you look at every single stock market crash, okay, this is homework for you.

Now, if you are going, if you're going to see a stock market crash, It is

going to be, it's going to be a prelude to it by this very thing happening.

Now, the reason why I said to folks, I said, look, you know, I expect

a crash to come and I expect it to come on the heels of a strong,

new hire high in the stock market.

It wasn't going to crash with these equal highs in the stock market.

Like we saw and I'll pull up the doubt chart mid.

If you look at what's going on, if you look at what's going on in the bond market

here, and you look at everything that we see in, for instance, the crash that

took place, um, in 1987, you know, that they say that was, that was the bad one.

That's nothing, that's like a little correction now into your week now.

There's no, there's no significant move in that scene in historical price action.

That's like so little, it's not even hardly.

It's nothing, but if you look at the 1929 crash, okay, this is still there.

Also the bond market tells you.

That look it's time for this thing to, you know, to get it, get cool down.

It's too far ahead.

And right now market sentiment is as high as it's ever been.

Everybody's like a stock market's going to keep going.

Nothing's bringing this thing down.

And I said that we would probably see Dow 20,000.

And a little bit above it.

I don't know how much more it can go personally, but this

is one time I'm telling you.

I don't try to pick the top, but I'm telling you it's coming now.

It's absolutely a hundred percent coming.

That's why I put it on the free Twitter.

I'm telling you now the mechanics behind it is that the interest

rates are increasing stocks.

Do not like that.

They are going to cool themselves down and you're going to see a massive.

Drain on profits.

They're gonna do one on one with collapse.

Them we've hit 20,000 huge psychological level that the market has moved so

much since the 2008 financial debacle.

So we're going to be really watching the equities market.

And what am I looking for?

When do I know it's there?

And the other question is, okay, what will, when will, you know,

for sure it's time to sell it?

When should I be buying?

You know, S and P puts, when should I be shorting stocks?

When, when should we be doing anything, except for just sitting around

waiting, you will see a top form and it will be a massive correction.

They'll reprice right away.

And it's going to be sudden, it won't be a subtle thing.

It's going to be so quick because everybody is now thinking the opposite,

you know, with the retail minded traders are thinking, well, these guys keep

talking about the stock market crash.

They were so full of mess and ain't going to never happen.

Look at this thing is keep going higher and higher.

You can't fight this effect here.

The stock market can not, it cannot arm wrestle with interest rates and

when it doesn't do it, it never wins.

It's sometimes can go six to 12 months, but we're watching now and we're going

to be waiting for a technical market structure break in the daily Dow.

When that happens, when we start taking out a short-term low, we're going to

wait for a retracement higher in that next rally, after it breaks a low that's.

When I'm looking to sell that.

I will be in here telling you exactly when I'm doing it.

I'm going to tell you exactly what stocks I think is going to be embarrassed, move

for stocks, but is here, it's coming.

And now, because we had the time before this mentorships ending, you know, we're

going to see the stock market crash.

It's going to happen because we already got six months.

We already got six months of this end.

So to go to six months from now, that puts us at the late part of may in early June.

We still have months to go, even at that point.

So also think technically there's always a seasonal high in the summer, so that's

also going to start showing that high and then it will accelerate as we go into

what, the fall months where we make our seasonal low between September and no.

So it's all going to map out now, you'll know in advance.

Well ahead.

Well ahead what you should be expecting to see, take place, but do

not try to pick the top right now.

Don't do it.

I'm telling you don't do it because this thing could pop up on the other

thousand points and then really make everybody feel like it's never going down.

If also.

Well, the bond market's been draining like this and going lower.

If at any time we see the bond market start rallying, that

actually will help the crash.

It'll help it happen.

In other words, there'll be, there'll be a facilitator because then

it'll show that break in between.

And then all of a sudden that will indicate what fear smart money will.

Then now start buying bonds, because what will happen is as the

stock market start crashing and then everybody be dog piling into.

And that's what you'd look for.

Okay.

So it, um, no, it's not, I don't see a market structure shift in bond market.

I'm still seeing lower prices.

Um, we still could potentially suite below here and I'm hoping it does because

if it takes another low holy cow, that is like, that's a death blow for stocks.

I mean, literally right now, like I said, in a tweet last night, you know,

it's kinda like that, that death March.

Okay.

And, uh, I imagine in Ireland somewhere, you know, you hear this, uh, you know,

some funeral procession music playing it.

It's, this thing is about to die.

I mean, the stock market is about where you get crushed and

it's gonna be so bad this time.

It's going to be.

It's going to be bad.

It's going to be really, really bad.

It's going to be so many people bailing on us and countries

that are holding equities.

Also, they're going to pay, they're going to, they're going to peel out.

They're gonna go and it's going to be amazing.

It's going to be amazing.

How, how much opportunity there is on the downside.

So while it's bad for 401ks and it's bad for stockholders and it's bad

for this, and it's bad for that.

It's a wonderful opportunity for us as a speculator, because we will

know with a great assurity once this thing cracks and breaks down

a little bit and shows us a shift.

And let me go over and show you the dowel chart.

So we can actually start talking about what it would look like.

One second, let me change over to the dowel chart.

We saw the consolidation in here.

The market came down, hit that low what's below that low

So they knocked out those individuals that were trailing stops and

incentive hire one more time, right above where the buy stops are.

So this could go up a little bit more.

Okay.

What we're looking for is the market to come back down and break below this low.

So a lot can happen between knowing when it occurs and when, when it's still can

continue higher this low right here.

Okay.

On what day is that?

December 30th, 2006.

Okay.

That low came in at 19 7 18 for the cash price.

Then on this day on January 19th, the low went down to 19 6 77.

So we wiped as, uh, the cell stops below the marketplace.

When we consolidate the first thing you want to do is okay.

Where w where have we came from?

We came from down here.

So the uptrend is bullshit.

Anybody's at trail stops.

They're going to be jamming it up underneath that recent low, they came

down, hit it, rejected and sent it higher.

We have been talking about the higher height expected for months.

We knew that this was going to happen.

We're talking about it happening.

We, we, I think if I'm not mistaken, I have my cell phone

record on YouTube somewhere.

It's in one of my videos.

W a blind frog or Thor, one of you guys that are really detail oriented, you're

sure you'll probably know exactly what video and what time, what minute it is.

I said it, but the, uh, I said that there probably going to be a crash.

I see it around February, beginning of February after the election.

Okay.

Uh, we're seeing the new high, we hit Dow 20,000.

We're just a little bit ahead of schedule in terms of February, but this

is what you would expect to see anyway.

You want to see it get up here.

We made that hire.

Now everybody is at the highest point of sentiment.

They're madly bullish.

They're in love with the stock market.

Can't be wrong.

Everybody's happy with Donald Trump and Obama, the wicked, which is gone.

Everything is all peaches and cream.

It's ticker tape parade time.

And you have to expect Mike.

I know I said inauguration.

I was personally expecting some kind of a breakdown then, but you

have to wait for a higher high.

We're getting it.

So, this is what we're seeing now.

This is the new hire high, nothing was going to crash before we saw

a higher high, and now we have it.

So now what you wait for is we have, the only low we have is this, this right here.

Okay.

So if this low breaks what we do as we watch it, let's just play

devil's advocate for a moment.

Say today.

Makes sense.

Okay.

Say, this is the Berry.

Hi, the day, which I'm not calling it.

So be very clear about what I'm saying.

If this high, is it nothing else is seen higher than this.

If price comes down and takes out the low here on January 19th, if that low

is taken out, what we're going to be doing is waiting to see how far it goes.

And then when some, when it comes back up that rally up, we're going to

be looking for a point at which the.

That's the top of the marketplace.

Now what can happen?

And this is personally when I suspect, because there's going to

be a little bit of a follow through.

This is a ton of money in this marketplace right now from 2000.

I mean, the fed gave money to the banks and bail them out, but they

told these banks look, you know, you're gonna have to buy equities.

You know, Janice, keep the money and sit on it.

I mean, you've got to do something with it and you could clearly see

they put it in the marketplace.

The stock market has been raging from them, had nothing to do

with Obama, had nothing to do with anything, except for the fed

saying, you have to put it to work.

You're not, we want the money.

Uh, we want our money to give us a rate of return.

So by putting it in the stock, Yeah, that props up the economy that

controls everything, puts everybody at ease, because think about it.

No one had confidence in 2008, 2009, everybody thought

every bank was going to close.

And I'll be honest with you.

I was literally going to the bank and I tried to get $50,000 out at one time.

And he looked at me like I was talking in Chinese and I'm not

Chinese, nothing against Chinese people, but they just literally

didn't know what I was asking him.

And I'm like, I want $50,000 right now.

And he couldn't do it.

They literally could not give me $50,000 in my bank, BB and T.

I literally was sitting there talking to a teller and I knew wouldn't.

They were like, no, you can't get that much money.

Why do you want it?

And that was alarming to me cause I never, I've never tried to get large

amounts of money in cash like that before.

So basically what I mean by that is the world was on a teetering in 2008

and we'd literally could have slid right into full global economic.

So the fed said, look, you know, you need to make this illusion that

everything's okay, we're going to give you this money, run and bail you out.

But here's the deal, you know, you've got to put it in equities because if

they don't see a strong stock market, when something's gonna be wrong with

the underlying picture still, and that's what we're seeing this, okay.

We're seeing this huge, massive increase, but there's going to be a Piper to pay.

Okay.

And we're at it now.

I mean, the devil's owed it's due and it's coming.

So we're seeing this psychological 20,000 level.

We're seeing this gap up, they sent it up higher, which could be an exhausting gap.

I don't see that as a breakaway gap.

I don't see that as a measuring gap.

I see this as 100% suspect.

And all they're doing is getting that last piece off and

we're in a distribution cycle.

And the reason why I'm so, so, uh, strongly convinced of it is because of

what we've been seeing in the bond market.

The bond market has been for six months, been going down that's six months of.

Interest rates.

The stock market can not, it has never historically been able to do and

economically it can't, they won't, it will not continue up like it's doing right now.

It will, it will fall.

I'm telling you it's gonna fall.

Now.

Look at the amazing liquidity voids.

That's here.

We have one all the way down to 1,930, right in here.

It's going to make a massive run for that.

Then we have all this.

Okay.

It's going to make a run for all that.

If you've got a blank screen, Steven, I'm not sure what's up because I

haven't done anything to change it.

So it's probably either a connection just come back and you should be okay.

Uh, but once it starts cracking off, it's not going to give anybody a chance.

It's.

I mean, really you'll, you'll get one, probably one good

entry for the cell models.

We'll begin when we have a market structure break below this low.

Now here's the thing.

If we go a little bit higher, which it could, and all likelihood,

really, it could still go to 21,000 that wouldn't be unheard of.

I mean, it's still your economics and fundamentals behind this crash are still.

Nothing is in effect until we see the market structure break

on the daily chart on the Dow.

When that occurs, that means there may be a shorter term, like say for instance,

a traits up higher dress of this week.

And then we get one more day next week, Monday, say it rallies higher.

And then we start to see it break down and it creates a short term low.

Then we start walking that higher short-term level, but we're

waiting for a low to break.

Just like we saw this one.

That's what we're looking for.

We're looking for, uh, an indication that some level of self staffs had been

ran out, but it has to go below it, not just a peak below it like this.

It has to break down a little bit and that's going to get everybody thinking,

okay, here's the, here's the crash.

And then it's going to rally and anybody's like, oh, it didn't happen.

But that's the setup.

It's going to be the retracement for the actual cell model that

to kick in, then it's over.

Then it's going to be fast.

It's going to be sudden it's going to be violent.

It's going to.

Visceral.

It's going to be, it's going to be bad.

It's going to be so bad.

People are gonna be upset real quick.

And trust me, it's going to go down a lot, a ton, and I can give you more

information today in, uh, when we do our chart presentations in the index on

today, I'll actually give you some, uh, some downside objectives, obviously add a

Dow cash and a Dow, I'm sorry, Dow cash.

And I'll add a.

Actually I'll just start adding the indices everyday.

I mean, you guys, anybody here interested in, see a as our, as

part of our daily observance, that way you guys can have that too.

Okay.

Yeah.

I'll just add the three major indices as well, so that we can keep track of that.

I was going to do it later in the year, but now since we're so close to potential

crash, I'll just having on there.

That way I would hate, I would hate to see an opportunity to miss it,

you know, by not having it there.

So.

All right.

So that's it.

Um, There's really nothing else I can say for it now, because all we're

doing is we're waiting for it to occur.

We're waiting for a wow.

Instruct.

This got big all of a sudden, and I didn't do anything to do.

It wish it was that big.

The first time we opened it up.

So that's the business.

Um, we're looking at, uh, a break in structure on the Dow when that happens.

Okay.

And this is all part of that sitting on your hands and waiting for.

When it happens, we see the EA lo is taken out.

You need to stop and think, do not look at that as a stop run and then go higher.

Like it did here.

That's already in the marketplace.

If they come back down for cell stops, now it's actually a market structure.

When it happens, the rally that ensues after that, we

will be looking for a breaker.

We'll be looking for a bearish order block.

We'll look for a gap to close in something above us.

Once that short term low is broken and I am going in, like I've never done before.

I'm going all in, in selling as massive as I possibly can, because

I think I'm absolutely going to.

Millions millions of dollars this year on this move.

And I believe that wholeheartedly, that I've never done a massive,

um, allocation to a, a short or long, like I plan to do this time.

I've been very reserved over the last 10 years about what I've done with my,

uh, leveraging, but I absolutely have no problem putting 10% risk on a trade like

this, because I think it's going to be so.

The explosive that payout is going to be ridiculous.

It's going to be quick.

I don't think it's going to give a lot of time for folks that, you know, once

they see it happening, it's going to be already thousands of points lower,

and then we'll have, you know, there'll be halting trading in there long.

They'll hold it for a day or two and they'll reopen it and it's going to be

down another 1500 points or whatever.

It's gonna be bad.

It's gonna be really, really bad.

We're at all time, historic highs.

Um, you know, there's a lot of.

The evidence here and we've already shown it with the bond market that there's

simply no way for this bar, this bull market in stocks to sustain itself.

It can't, it doesn't work.

And you look at it historically.

It's always this way.

Every single stock market crash that's ever happened has this hallmark

signature to it where the bond market has been in the six to 12 month decline.

And there's is simply nothing that the stock market can do about it.

It has to give up the ghost and die.

You just don't sell it at the highest, because you don't know

where that high is going to form.

You wait and you show the evidence in the price action that has

broken down and Instructure.

Once that happens, you sell a rally.

And the first rally, after the break and Instructure, it's done,

it's over you sit back and you wait and you just let it unfold.

And then believe me, months from now, people are going to be freaking out.

They're literally, I mean, you think CNBC was a mess and these people, they

had real panic on their face in 2008.

You could literally see these people.

Not only were they scared that they're going out of business

because it looked like all hell was breaking loose and it was, but

they're also, they were losing money.

You can tell they were really losing their own money and they

had to work in the industry talking about the thing happening.

They couldn't find it.

Watch and see how much this affects everyone, because this

one is going to be massive.

We're so over priced in stocks, so overvalued and everything.

And to have this much time with the bond market going lower, I literally, I can't

clearly this move on better than I am now.

I can't, I can't talk it out more than I already know.

It's bad.

It's common is absolutely nothing.

That's going to be able to stop.

And it can push us up another thousand points and it's still isn't changing.

The underlying fundamentals is this is going down, it's going down and

it's going to be sudden and fast.

So all we're doing is waiting for that to happen.

Once we get a market structure shift, uh, you know, You all were doing it.

You can't miss it when it happens.

Trust me.

It'll be obvious.

You'll see it when it's there.

So I know as a few of the ladies in here that actually traded this, these they've

been chomping at the bit for months.

ICT.

Please tell me when this thing's going to crash, it's going to crash.

I said, it's got to go higher.

It's got to make.

And angel, you know what I'm talking about?

It's here now.

We're, we're seeing a higher high.

So now all we're doing was waiting for the structure to shift.

Bearishly once that happens, believe me, it's not going to just

go up here and in your straight down, that's not how it works.

They will align themselves with an opportunity to get in.

So they're selling into this rally right now.

Smart money is actually selling their equities right now into this and

are actually building in long-term.

They have to do that when the market's rallying.

So when it looks explosive and it's making these really big, loose up, don't

buy into that, thinking that this is going to be a multi-year bull market.

The fundamentals are that the interest rates have gone up.

The bond market has already indicated that there is a massive

fingerprint that this is underway.

The way they pull the hood over everyone's eyes is by making the

actual stock market looks strong.

It looks only about likelihood.

You know, if you put anybody in front of this chart, they say, oh, yes, it's

a strong, this is a strong bull market.

This is great.

It's amazing.

But what's behind it is interest rates are increase.

And stocks don't like that historically.

They don't like that.

And I'm telling you look at every stock market crash and look at the bond market

rate before that six to 12 months before.

And you're seeing the very thing that's happening now.

It wasn't like this in the summer.

When I said, look, you got to be ready for it.

You know, we were expecting the crash, but it's not there.

I need you to hire high and there has to be something in the bond market.

We have it now.

It's there.

It's here.

It's it's undeniable.

And when it happens, you're going to be able to look back you 20

years from now, you can look back and say, man, I saw that comment.

I could see it.

It was there.

And they're going to talk about this one for a long, long time.

It's going to be bad.

It's not going to be end of trading is not gonna be in the stock

market, but it's going to be so bad.

You want to make your money going down.

Cause it's going to be hard to make your money going out for a while.

It's going to be, it's gonna be.

It's going to be very volatile, but on the last, the opportunity to be

there, it's going to be awesome.

It's gonna be great.

And that's it for today.

I'm going to send you the recording link.

Uh, this afternoon.

I'll give you some charts with the major market indices as well,

going forward every day now.

So we'll have that in addition, I'm just not sure how I'm going to present it.

If it's going to be a cash price or if it's going to be a future star.

So we'll see about that, but, uh, that's it for today.

Um, we'll focus more on.

For X after today's session, but I just wanted to bring this up to speed.

Cause yesterday I wasn't aware I was too busy getting things

together for a teachings.

And I didn't notice that we actually opened up on Dow 20,000.

So I was actually surprised to see that.

So anyway, so wish good luck.

And.