🚨 Stock Market Outlook: Inflation Data, Earnings & How To Make Money This Week - LIVE at 8PM ET

[00:00:00] Speaker 1: *music* [00:00:30] Speaker ?: *music* *music* *music* [00:01:14] Speaker 2: *music* *music* *music* *music* [00:01:48] Speaker ?: *music* [00:01:50] Speaker 2: *music* *music* *music* *music* *music* *music* *music* *music* *music* *music* *music* *music* *music* *music* *music* *music* *music* *music* *music* [00:02:28] Speaker ?: *music* [00:02:28] Speaker 2: *music* [00:02:30] Speaker ?: *music* [00:02:30] Speaker 2: *music* *music* *music* *music* [00:02:38] Speaker ?: *music* [00:02:38] Speaker 2: *music* *music* *music* *music* [00:02:46] Speaker ?: *music* [00:02:46] Speaker 2: *music* *music* You move with kittens and your dogs, I move with bears and bulls I got a green thumb, I grow at the market Waking up with the future, stacking up some commas I jump out of bed, eat my bacon and eggs Light up watching them candles while I'm still in my sandals They used to watch me move this, road stop it Now I watch moves in the Nasdaq, used to run from the ATF Now run down ETF and make props Jump out of bed, eat my bacon and eggs Light up watching them candles while I'm still in my sandals See me and Jim Cramer been talking mad money He said today I'm taking a risk, they got the feds coming But I got support here with me, I call the short squeeze You get the drop, she pulls the trigger and shuts it down If she stays on my watch list, I might have to keep her But I know better, I'm a true trading group life I'll go ahead, be bold Trader get your square head, I'll double top that guy head and shoulders Hit him up with this resistance Watch him roll over cause I see they move those contracts Except I say I made one million a day, well that's a large cap You moving average, that's why you get calls Get split, get delisted and knocked off And I'm setting the whole block off I'm buying GameStop and selling them Roblox all Jump out of bed Eat my bacon and eggs Light up watching them candles While I'm still in my sandals They used to watch me move them packs Bro, stop it Now I watch moves in the NAS Make profit Used to run from the ATF And the cops Now I'm running down ETFs Make profit Hey, my punk, that we done trend Make profit Ride of what we do, man Make profit Hey, Prada, it's Shug, mate Make profit What we doing, dawg? Make profit Make profit That TTG money gang We making profit We some snipers [00:04:50] Speaker 3: Hey, yo What's up, everybody? What's going on, folks? Welcome to the True Trading Group live stream Hope everybody had a wonderful weekend Ready to get down to business this week We got a really big, important week coming up And that's because we're going to get [00:05:20] Speaker 1: CPI inflation data For the month of July And why is this number so incredibly important? Because June We got unbelievably good CPI data But that's because oil went from over $100 a barrel Down to $70 a barrel in the month of June In the month of July, the opposite It took place We went from $70 back to basically $90 And now we've fallen back down Into the 70s Now back into like the low 80s Low to mid 80s here As we get into the month of August So we are getting this This kind of a back and forth Pinball type action in oil And that might give us back and forth Pinball type action in inflation data And if you guys have been kind of following The live stream here for the last Two weeks Or also if you've been following it For the last several months I've been pretty outspoken In the fact that I do not believe And at no point this year Have I ever believed That the Fed Is going to raise rates This year I don't think that they are going to As I sit here now on August 9th Sitting in front of you I still don't think they are going to I know that Prior to just last week The market was pricing in Like a 77% chance Of a rate hike At the September meeting Those odds have now fallen back Under 50% After we got the job support On Friday But the December meeting Is still over 70% So the market is still pricing in The expectations of rate hikes At some point this year And what that really all comes down to Is what does inflation do For the rest of the year And that really all comes down to What does oil do For the rest of the year Oil trading now back In like the high 70s That's good We got to get it lower than that And we've got to get it to stay lower And we can't afford to have Another instance where We you know Oil pushes back up into the 90s Stays there for a couple of weeks We've got to get the price of oil down And it's got to stay down And if the price of oil comes down And stays down Then I do believe that inflation Will continue to ease As the year goes on And if inflation eases As the year goes on Then I think the The expectation of rate hikes Later in the year Will also begin to fade Right along with it So Now obviously it's impossible For me to know What's going to happen With the US and Iran war I'm not sitting here Trying to pretend To be a military strategist Or a geopolitical Negotiator I have no idea How this thing's going to play out The point of this discussion Is not for me to try To make a prediction On how it's going to play out But I just don't think Personally That the economy Can really handle rate hikes And I don't think I think the Fed Is going to be In a position where They would only raise rates If they really Really had to Not just because Oh inflation Is just Is just stubborn I think they would only raise If they really needed to And if oil Was to continue To come down Then I really don't think That they're going to need to We had oil explode In March, April, May Everybody obviously Is aware of that That's when the war First started Oil went up to Like $115 a barrel And then inflation Surged right along with it But then as soon as Oil came down in June Inflation completely cratered Now that tells me Very specifically That the driving force Between the rise in inflation In April and May Was because of the price of oil And then as soon as The price of oil came down Inflation cratered You had one of the biggest Misses ever in history For the June CPI report Meaning like Missed under the expectation By one of the widest margins ever So I don't expect To see that For July's number Because oil went up So I don't expect To see that And that's going to be Wednesday Wednesday at 8.30 We're going to get that CPI data I don't expect to see a number Like we saw in June But if the number That we get for July Is decent Then I think You're going to see The expectations Of rate hikes Continue to fall If the CPI number Comes in scorching hot Which is It's possible It's possible If it comes in scorching hot Then you're going to see Those rate hike expectations Begin to surge again So Right now As it stands On August 9th I still am in the camp That they're not going To raise rates But I will change That stance If oil was to go back Into the 90s And push to 100 And something like that Was to happen Between now And the next You know Couple of months I will absolutely Then at that point I will change my stance But for now I'm sticking with What I said Months ago That I don't think We're going to see Rate hikes this year And that has a big Big impact On what I think The overall market does Not just this week Not just this month Not just this year But honestly It has a big Big impact On what I think The market's going to do Over the next two years Because What I What I don't think A lot of people Really necessarily understand Is the dot-com bubble That everyone likes To try to point Today's market environment In the AI trade They try to point And point at The dot-com bubble But a lot of people Don't necessarily realize Is that The dot-com bubble Did not burst Because stocks Were too expensive It did not burst Because markets Got parabolic It didn't burst Because valuations Were too high It didn't burst Because the stock market Was expensive That's not why it burst It burst because In the year 2000 Beginning in February The Fed embarked On a brand new Rate hike cycle And within a couple Of meetings Had hiked 75 basis points As they got past The Y2K Concern And all of the Easy money That they were Providing in 98 And 99 That ended up Fueling what was The dot-com bubble And fueling That parabolic Asset rise In prices They put an end To that And started Raising rates In 2000 It's the combination Of an expensive Stock market High valuations And monetary policy Changing And Fed A Federal Reserve Embarking on a rate Hike cycle That is what pops The bubble The bubble usually Doesn't pop Because it just Inflates too large It usually pops Because there is A pinhead Okay A bubble popping Just by inflating And inflating Inflating means It just got too big And eventually Just popped on itself That's usually Not what happens With asset bubbles Throughout history They usually inflate And they will keep Inflating Until they eventually Meet a pinhead And in the scenario Of the dot-com bubble The pinhead Was the Federal Reserve Raising rates In the year 2000 So that is why I'm sitting here And I'm telling you That what I think About I think that the Stock market Has room to still Continue to run Over the next You know One to two years But not if the Fed Has to go through A rate hike cycle You know I think there's Too much stress Already in In the real estate Market And there's too Much stress Already in bond Markets I think there's Too much stress Already in consumer Credit I just don't think The economy's Going to be able To handle that So if we do And go through A rate hike cycle You guys are Probably going to See me start to Make some pretty Big changes In my long term Portfolio But for now As we sit here On August 9th We still are Locked and loaded Long markets Our markets Are at all time highs Our portfolio balances Are at all time highs And we're going to Continue to ride with it But you guys are here Tonight on this live stream Not just to talk about What's going to happen Over the next couple of years You guys are here For one very specific reason And that is to make Some damn money this week And I hope that That at least Is the reason why You guys are here Because that's the reason Why I'm here So the reason why I am here Because I'm going to Explain to you How I plan on Making money this week And we've got The huge catalyst Of the inflation data That is absolutely 1000% Going to dictate What the stock market Is going to do So Coming into a week Like this When we have such a Binary Type of catalyst Where it's Hey If CPI comes in You know Decent We can continue To the upside If CPI comes in You know Much higher than expected We can reverse this Very, very quickly When you have a binary Catalyst like that That is not predictable Like I can't predict What the CPI number Is going to be It's not my job I don't play that game If you guys want To flip a coin Go ahead Go for it You want to go to Vegas And put your money In red or black Go for it It's not what I do here My job as a trader Is to identify High probability situations And put myself On the right side Of that probability Over and over And over again With good sound Solid risk management That's what's gotten me Through this For 19 years And has gotten me To be the successful trader That I am now here today Now those of you That are new to the stream You might be wondering Well who is this guy Why should I listen To anything that he says I hate the Yankees Well cool But the reason why I think you should pay attention To the things that I talk about On this live stream Is not because I have a cool painting Hanging over In my head I think you guys Should pay attention To the stuff That I talk about here Because I began my career Working at a fund In New York City T3 Alpha Fund They had me go Through a trading program Before I was ever able To touch one dollar Of the fund's money And shortly after that You had 2008 happen And that was the great recession The big stock market crash But 2008 was the same year That I received One of the firm's Trader of the year awards You fast forward now Guys I've been trading Now for 19 years I'm the co-founder And head trader Of True Trading Group My name is Michael Edward Paranati I go by Michael Edward And [00:15:03] Speaker ?: And [00:15:03] Speaker 1: You know Now that I'm the co-founder And head trader At True Trading Group It's I think that you guys Should be paying attention To the things That I talk about here Because I come on these live streams Every single week And I tell you I'm not a Monday morning quarterback I stick my neck out there I tell you exactly What I think Is going to happen Sometimes I'm right Sometimes I'm wrong I'm right a lot more Than I'm wrong But I am going To be wrong Sometimes I don't have 100% win rate I don't claim To be the world's Greatest trader I'm a damn good one I'm not the world's Greatest It's not the reason Why I think You should pay attention To what I talk about On the stream But if you guys Really want to focus And talk about How we're going to Be able to make Some money And listen to someone That's going to tell you Flat out This is my game plan This week This is where I plan On getting in This is where I plan On getting out Then this live stream Is for you So welcome Glad to have you guys All here Go Reds Nice Yeah we've got some I've got a little My Yankees Just took down Took the Braves down My Yankees Just won two out of three Against the Atlanta Braves Who are coming in red hot First place In the NL East And one of our Moderators Shy She's a big Braves fan Real big Braves fan So I'm going to have to I'm going to have to Bust her a little bit Tomorrow I'm going to have to Bust her a little bit Tomorrow We just got to get Aaron Judge And Cody Bellinger Back man It's such a different team Without those guys In the lineup They can't score runs But I digress We're not here to talk About sports folks We're here to talk About markets So welcome Everybody Welcome Welcome Welcome For those of you That are unfamiliar With True Trading Group I'll tell you guys A little bit about us So we are Not just a chat room With courses And trade alerts We are An entire FinTech platform TTG AI Is A ecosystem Of trading tools And software For retail traders That gives them Tools and resources Data, analytics And a real advantage Of other retail traders Who don't have access To these things We've essentially Created a terminal That is similar To how you have A Bloomberg terminal For professional traders That costs You know $30,000 a year We've created A terminal here In an ecosystem Of tools and resources For retail traders That genuinely gives Our members An advantage And an edge Over others That don't have it And it's a suite Of several tools We have trade plan generator We've got Our award winning AI That actually received The Global Benzing A FinTech award For best AI analysis tool We've got Our active trader mode Which is something That is actually It's like the clawed code But for trading That can connect To your brokerage account Can come with you Anywhere you go Can trade for you While you're in a meeting And handle everything For you While you're on the go It really is Truly is An unbelievable system That gives our members A really big advantage We have And through our partnerships With companies Like the NASDAQ Where we get True level 3 data feed That allows us To make the determination And distinction Between institutional order flow And versus retail order flow So we can actually see Where institutions Are buying and selling In the markets And that gives us A huge advantage And a huge edge Over other retail traders That don't have access To that information So when you guys talk About True Trading Group And the TTG AI system It's not just Trade alerts And a chat room Right Yes we have a chat room There's myself And seven other professional traders That are mods in there We share our screen We trade in front of you Live every day We answer questions We provide market commentary Analysis throughout the day We're with you guys Each and every single day But this is a A platform That has allowed Our members To become successful Allowed them to become More consistent Allowed them to become Profitable We have 11,000 members In 114 different countries Truly a global community Here at True Trading Group And like I said The recipient of The Benzinga Fintech Award For best AI analysis tool We have partnerships With Unusual Whales And Benzinga Data Bento OpenAI And we have partnerships Cursor Has sponsored Through a lot of the work That we've been able to do With our system So big shout out To our partners Over there And all the companies I just mentioned Because none of this Would be possible Without Without their Without their commitments And without their Their platforms as well So a big shout out To them And for those of you That are not members That are here with me Now today Like I said Before we get started I am going to give you guys My whole game plan I'm still old school I still write stuff down I still write stuff down On a notebook Like a notepad I have This is it I'll show you You guys probably like Oh man This is it This is it This is the golden book I know it's black But we'll call it The golden book This is where the magic happens I got it all written down For you guys So we are going to talk about How we're going to make Some money this week For those of you That are not members Of True Trading Group I don't want you Just to take what I say And just automatically Believe everything it is That I say on this stream When I tell you That our members Are making money And our members Have become successful I don't want you Just to believe me Because I'm some guy On a YouTube channel I want you to believe The things that I'm telling you Because members Will tell you it themselves And I want to start This live stream off Before I tell you A single ounce Of my analysis this week I want to prove to you That members of True Trading Group Are successful And the members That we have On this live stream Right here right now If you are a member of TTG I want you to go ahead And type the number one In chat right now If you are making money And you guys are becoming Better traders Because of the TGDAI system And because of The True Trading Group Community I want you to go ahead And type the number one In chat right now So essentially guys When you sign up And subscribe To the TGDAI system Which will give you access To all the tools The resources And the trading Software that we have You will get included With that Access to the True Trading Group Community Which is the chat room And in the live trading With the trade alerts And the moderators And everybody else So you are not just Going to join a system And get access To these tools And softwares And just be kind of Out there on an island By yourself Left to figure it out You are going to be able To join an active community Of 11,000 members That are led By seven professional traders That use these systems Day in and day out To help ensure That you get the very most Out of them And everyone that you are seeing Type in the number one In chat right now These are members of TG That are telling you That they are making money And it's not that They are luckier than you It's not that they have More time than you If these people can do it Then so can you They literally Were once you They were once Just someone On a YouTube live stream Watching my analysis On a Sunday night Trying to figure out What's a good trade They can make this week To kind of help Make ends meet And they realize Wow, you know what This guy really knows What he's talking about They joined True Trading Group Now they have access To the best damn trading tools That retail has access to Flat out, period I've been doing this 19 years I'm telling you right now The edge that I have found As a trader of 19 years It's not some indicator It's not some special Chart pattern that I learned Working at a hedge fund In New York City It's being able to have Institutional order flow Explained to me In real time In seconds Through our AI To confirm for me Where I believe There is support and resistance While also having An 80% deterministic algorithm With a 20% Kind of AI analysis layer On top of it Give me a confidence score Of a trading plan That is generated Meaning, hey Entry, stop loss Profit targets And a 78% confidence score Yeah, I'm going to take Those trades Every single time They're not going to work out 100% of the time But I'm going to take That setup Every single time That I see it Because it's all about Probability And just having access To these tools Gives you an advantage And gets you into The highest probability Situations That you possibly Could ever find And you wouldn't be able To find or identify The probability Of such Setups If it wasn't For the tools In the system That I'm talking about That's why So many of our members Are successful That's why We have 11,000 members In 114 different countries That's why Our refund rate Is 2% Our retention rate Amongst members Is in the mid 70s We have over 5,000 Lifetime Members Of this platform People that said You know what I love it here I'm going to join for life I'm going to spend Thousands of dollars Literally To become a lifetime Member of the platform I knew nothing About trading 5 years ago This is my boy Stack and chips What's up brother Knew nothing about Trading 5 years ago TT changed my life And the lives Of many others The last 4 years That I have been here There it is That's a member Right there Guys 82% of our members Have a full-time job So I don't I don't want to hear That you're busy You have a full-time job Especially now Because the systems That we have And the tools That we have available Allow you to actually Have our system Place trades for you In your account While you are busy at work We literally have developed A clawed code for trading It's the craziest thing You guys are ever going to experience But these are the things That are available On this system Listen If you guys are not members I don't want to waste Too much time on this Because we have a lot to get into I got a pretty decent Size watch list I got more tickers I'm going to go through With you today Than I normally do And that's mostly because Of the binary catalyst This week Of okay You know CPI good CPI bad Markets are going to do Two completely different things So we're going to have A couple more Different trade ideas So we're going to go over that I don't waste too much More time on this But those of you That are not members Okay If you're not a member You can actually try the tools And the platform And the system For yourselves And you're also going to get access To the community as well So if you guys want For 90 days You can try our tools You can try the trading system You can come into the chat room You know Trade alongside The professional traders That are mods Including myself Trade alongside the members And really get a feel For what it's like To be part of this community And part of this platform Go to TrueTradingGroup.com Forward slash 9090 Okay You guys can join us For 90 days For just 90 bucks We're going to charge A dollar a day To try the entire system out Yes we're going to lose Money on you And that is okay Because I believe Strongly enough That if you try our system Out for 90 days You are going to want To become An annual member Of True Training Group And then eventually Even maybe a lifetime We actually had A couple of people We had three people Last week That were 90 day Trial members That immediately Joined To a lifetime membership They skipped right over An annual membership Do you realize How insane that is? These people spent Less than 90 days Within our system And decided I want to become A lifetime member That's amazing It is a testament To the system That we have And everything That makes True Training Group Work It's a testament To it So forget Forget about An annual membership Forget about A lifetime membership Right Forget about An annual membership Just join us For 90 days No rush It's not 7 days Right You got to like Cram to kind of Get the most out of it No you have 90 days Take your time Use our system Use our tools Come inside chat Talk to the mods Talk to the members Let's make some damn Money together And there's never been A better week to do it With the CPI data That you're going to get On Wednesday Everything going on In the Middle East There's never been A better time to do it Where markets are At all time highs You're gonna have a ton Of volatility this week Ton of volatility this week Amazing trade opportunities I'm telling you guys Right now TrueTradingGoop.com Forward slash 9090 Join the trial Get your butts in chat Use the tools Use the system Then tell me I'm a liar I promise you're not Going to tell me that You're gonna tell me Mike I wish I found this And I wish I joined sooner Because that's what Every single one Of our members has said If you have any questions Just literally Shoot us a text message Okay shoot us a text 1-888-621-2127 Again that is 1-888-621-2127 And you guys can send Us a text message With any questions That you guys have Anything you need help with Any concerns Shoot us a text We'll answer anything That you guys have And before I get to the charts Let me actually show you What one of those tools Looks like I'll show you guys real quick Our trade plan generator Brett if you want to Just pull that up For me real quick So this is what we call The holy grail It's a trade plan generator It's one of our tools It is an algorithm That we have created That is built on My strategy My rule sets My thesis and theories Okay It's 80% deterministic Deterministic means It's rules based Like it's an actual algorithm It's not AI making decisions Okay We do have an AI layer On top of it For about 20% of it For the reasoning And for the For the data analysis But the bulk of this Is an algorithm Based on my rule sets And strategy Okay It's called the holy grail It's a trade plan generator Essentially what you will do Is you will select What do you want to trade What security type Do you want to trade shares Options Futures Or crypto That's the first thing You'll decide Okay Then you'll decide The ticker symbol So let's say You want to trade We'll just do Just for this example Just do shares And do the spy And then you'll put in Your account size How much money You want to risk On the trade And then you select Your style So do you want A scalp Which is a trade That will only last A few minutes A day trade That's a trade That's going to last A few hours A swing trade That's a trade That'll last several days Or a long-term hold Is a trade That can last Several months Or longer So those are the options That you have to choose from And then you would select In this case We're going to select Day trade And you click run analysis You wait around About 30 seconds And a multi-agent system Runs through And then gives you A detailed trading plan After analyzing Hundreds of different Data points Okay It analyzes All the technical analysis Support management Resistance volume Every indicator You can possibly imagine Chart patterns Candlestick patterns Macro environment Economic data Earnings data Analyst data It goes through Market sentiment And regime News flow There's a wildcard agent That manages risk And then you have A head trader agent Or a supervisor agent That actually compiles All the information That the others Are generating And then it comes out With a final report That you're about to see In probably a few seconds Okay So there it is So this is what A final report Looks like Okay It has at the top It'll tell you The direction It'll give you The percentage Of confidence That it has In the trade plan And the very top And the very top window Is a summary With an entry trigger A profit target And stop loss And as you scroll down You'll get all the details Of the report itself So you can actually Read all the details And the details Of this report matter Okay It literally will give you Price action To give you confirmation Signals When to get in It'll give you price action To look for That would invalidate the plan And when you should Skip the trade It gives you stop loss Profit targets Position size And we did shares For this example But if you guys Trade options It'll give you The option contract It'll say You know If you did a scalp Or something It'll tell you Or if you did a day trade It'll tell you Like okay Go for the August 10th $775 strike call option Okay If you did a futures contract Did it give you The futures contract Like It's anything That you guys Want to trade And right now Our members Have generated Over 650,000 Trading plans Using this tool And the win rate And the accuracy On this Is just a little Over 70% It's unbelievable Okay It is absolutely Unbelievable Okay Absolutely unbelievable So this is just One of those tools That you will get Access to When you guys Join The 90 day trial Okay So just to give you An idea Of what our Our system Looks like Hold on One second Folks Guys Bear with me One second Sorry [00:31:20] Speaker 3: We got to Welcome George [00:31:32] Speaker 1: Guys We got to Welcome George George Just joined The 90 day trial Somebody Welcome George George Welcome Yes So guys Again True Trading Group True Trading Group Dot com Forward slash 9090 We're actually Posting a link Right there In chat If you guys Want to Just click on That link Or If you have Any questions Or need Any help Just shoot us A text message Is 1-888-621-2127 Okay Again 90 days For 90 bucks Dollar a day And we do that Because I honestly Believe so strongly In this platform That we have created That when you guys Use these tools And you guys Use this system And you become Part of this community That you're going To see a dramatic Change in your Trading results I truly do believe That within 60 To 90 days So what we have Seen actually At TTG Through the TGAI system The members That we have That use These tools Right What we have Seen is Through You know Polling our Members Getting feedback From them We have seen The majority Of our members Are experiencing Dramatic result Change Within 60 To 90 days That is the reason Why we are giving You guys A 90 day trial That number Is not just Picked out of Thin air It's because That is the amount Of time That I believe That you are Going to be able To see a Significant difference And you're going To be able To see the Positive results Of what our Platform and our Community has to Offer And that's why I want to give You guys that Amount of time So you don't Feel the pressure Of oh I got to Make this work In 7 days Or 14 days That's not enough Time for you To go through A trial I want you to Use this stuff Long enough That you can Actually see the Benefits from it And then decide I want to be here I want to stay A true training Group for a Whole year Like I said There's a reason Why we had a Couple of trial Members last Week skip right Over the annual Membership They went from A 90-day trial To a lifetime Member and that Speaks volumes So truetraininggroup.com Forward slash 9090 Any questions Text us 1-888-621-2127 I'm going to Tell you how Much I have Went up the Last 8 days Over $30,000 100% true Thanks to TTG My boy Glenn Wilson Boom Love that Phi Trader Goes This is true Guys I use Holy Grail Even I'm With this I have a Small account I just use The data It gives me Even though The options Can sometimes Be out of my Risk I calculate My own risk I still pulled Out a 1000% gain On Tesla With my Small account It's absolutely Amazing I love to See that I love to See that Congratulations Beautiful Beautiful Beautiful Alright Alright guys So there You have It Alright So 1-888-621-2127 Shoot us a Text if You guys Need some Help Hey Hello I'm looking Into the TTG 90 day Trial Do Mods And or Mike Call out Live Plays And top Watch Lists At Market Open So that's A question That I Just got The answer Is yes There's Myself And seven Other Professional Traders That are Trading With you Live Every Day They share Our screens And we're With you For the Entire Day So whenever One of Our moderators Enters a Position You get The notification And when we Exit positions You get The notification We are also Talking to you On the Microphone Telling you We are about To get Into these Positions Before we Actually do We tell you Where we Are looking We tell you What price That we're Going to Be getting In at We're Telling you Hey If I See this Then I'm Going to Do that So that You guys Are never Just blindsided By a Particular There are Live trades And live Callouts Every single Day inside True Trading Group From myself And the Other moderators Okay And we're There with you For the whole Day We're not Just gone After an Hour And you'll Defend For yourself The main Chat room Opens at 8 20 A.M. And the Moderators And I Go through All of Our watch Lists And our Trade Ideas For the Day By 9 30 And then Once 9 30 Opens We're All trading We're Giving Live Analysis And Commentary And then We are Sending out The alerts As those Trades Go on We got Another Comment Here My boy Brad What's Up Brad Says I used Holy Grill On Friday On three SPCX Trades And I Made $26,000 Thanks Mike For Bringing This To My Attention Holy Grail Is Amazing If Only I Stay Disciplined To It Oh That's Amazing That's A Big Day Man That's A Really Big Day Very Nicely Done Baja Clause Says Hey TTG Well I'm Going To Say Hey Baja Clause Right Back At You So Again Folks Yeah Guys Listen You're Hearing These Are Members Of True Trading Group Right Like These Are Members Of TTG Like I Really Feel Like Some People Are Not Believing Are Not Going To Believe That This Is Actually Happening This Is Real But These Are Real People These Are Real Members That Are Making These Comments I'm Not Just Telling You This These Are People That Are Commenting Right Here On The Live So Just An Unbelievable Unbelievable Results That We Are Seeing I'm Telling You Guys Try It Out For Yourself Seriously Try It Out For Yourself True Trading Use It Tell Me I'm Lying All Right Seriously I Challenge Anyone That's Like This Kid Is Full Of Shit Anyone That Thinks That I'm Completely Full Of Shit I'm Challenging You Seriously Try It Tell Me I'm Lying Okay Mr. Englewood Says Holy Grail Tool Is Great For Traders That Want To Avoid FOMO And Getting Out Of A Winning Trade Too Soon Yeah I Think Our Active Trader Mode Is Honestly Best For Helping Traders Stay In Winning Trades Longer Honestly I Think That's One Of The Biggest Things That We've Reported With Our Active Trader Mode That Members Have Come Back To Us Is That A Lot Of Members Have A Problem Selling Winning Trades Too Soon Maybe You're Someone That Sells Winning Trades Too Soon All The Time And You Get Really Frustrated You Leave A Lot Of Money On The Table That's One Of The Things That Our Members Have Reported Back That Our Active Trader Mode Is One Of The Things That Has Helped Them The Most With That Brad Says He Is Beyond Legit Just Watch Him Trade And Listen When He Buys Small Caps And Literally Holds Your Hand Through The Trade I Really Do I Literally Do Hold People's Hands Through The Trade I Will Tell You I'm Like Okay Guys This Is What I'm Looking For Look For To Pull Back Into This Price And If I Get A Market In At This Price And Set So We'll Walk You Guys Through Right Check It Out For Your Trudetrading Up .com 90 90 All Right With That Said Let's Take Things On Over To The Charts Well Futures Right Now Just Bouncing Around Guys We're Down Around 0.13 0.12 We Just Pushed Up To High Just A Few Minutes A Go Then Turned It Around Pulled It We're Kind Of Sitting Here Right Around 0.1 0.12 So Just A Really Quiet Open To The Overnight Future Session That Doesn't Mean That That Is Going To Remain The Case Going Into Tomorrow The Big Catalyst Of This Week Is The CPI Data On Wednesday Now The Catalysts That Are Going To Move The Markets On Monday And Tuesday Will Be Any Updates On What Is Going On With The U.S. And Iran And The Price Of Oil Okay As The Price Of Oil Rises I think That Puts Pressure In Equities As The Price Of Oil Pulls Back I Believe That Allows Equities To Move Higher As That Provides A Little Bit Of Cover For Bond Yields To Also Begin To Pull Back And It Provides A Little Bit Of Cover For Rate Hike The End Of July Into The Beginning Of August And That Is Exactly What That Move Was Right This Move Last Week This Was A Short Squeeze And If You Guys Follow Me On X I Posted A Video Like Two Three Weeks Ago I Posted A Video On X I Was Talking About Short Interest In The Overall Market And How Short Interest The Over Market Was Right Around Near Record Highs 3.7% Of The Free Flow On The Spy Was Short 6% Of The Russell Was Short 9% On The NYSE Was Short And All Of Those The NYSE Is A Record High The Russell And The Spy Were Right Near Record Highs And I Talked About If A Narrative Shift Happened If You Got A Change In Narrative That The Market Was Set Up For Short Squeeze Go Ahead And I I'm Always Posting Analysis And My Thoughts And Things On The Market And Different Trades That I'm In And I'm Looking To Get Into It's At Mike Edward Underscore TTG Again It's At Mike Edward Underscore TTG Go To Give Me A Follow If You Don't And You'll See That Video That I Posted On There Just A Few Weeks Ago And What I Essentially Said Here Was If A Narrative Changes That Short Position Will Get Unwound So When You Have A Narrative Shift And I Didn't Know What The Narrative Shift Would Be Okay It's Not About Predicting The Narrative Change It's About Understanding The Actual Mechanics Of The Market And Understanding Positioning Positioning Is Something We Focused Very Heavily On When I Worked At The Fund Piece Of Information I Think It's Overlooked Mostly Because Most Retail Traders Don't Have Access To This Type Of Information They Don't Access To This Type Of Data That's Why They Usually Overlook It But It's A Very Valuable Piece Of Information And The Narrative Shift That Took Place Was Two Fold It Wasn't Just One Narrative Shift It Was Two The First Narrative Shift Was Microsoft Earnings Annual Member Of True Trading Group So Tanvir Congratulations Welcome To The TTG Fan Everybody Give A Big Shout Out And Welcome To Tanvir I Hope I'm Pronouncing That Correctly If Not I Apologize But I Totally Just Lost My Train Of Thought On What I Was Oh The Short Squeeze So First It Was Microsoft Earnings Conference Call The CFO Announced That They Were Going To Extending Lifespan Of Their Data Centers From 15 Years To 25 Years That's Huge Because The Hyperscalers Were Getting Punished For All Their Cap X And Spending Hundreds Of Billions Of Dollars On These AI Infrastructure Projects That Might Be Obsolete In 15 Years Which Leaves The Window For A Good ROI To Be Kind Of Squeezed Pretty Tight And Have To Be Perfect So There Was Concern About The ROI On The Cap X Spend That's Why Hyperscalers Were Getting Hit Pretty Hard This Change From 15 Years To 25 Years Essentially Means That The Company Is Going To Have 10 Additional Years To Pull Economic Value Out Of This Asset Which Improves The Expected ROI And Kind Of Alleviates A Little Bit Of The Worries On The ROI Of That Cap X That Was A Big Change When That Happened Microsoft Meta Amazon Alpha All Of Your Hyperscalers Exploded When That News Came Out And That Started The Market Move Higher Then You Had Obviously What Happened Also With The U.S. And Iran How The U.S. Paused The Airstrikes And Now You Have More Communications Are Going Back And Forward Now There Talking Again Looks Like Military Action Is Calming Down So You Went From What Was Full Blown War For Like 13 Or 14 Consecutive Days Of Strikes To Then Now Kind Of A Pause And Those Two Things Happened Within 48 Hours Of Each Other And Those Are Two Big Narrative Changes And Those Narrative Changes Caused The Gap Up In The Mark At The End Of July And Then You Got The Big Short Squeeze As That Short Position That I Talked About Gets Unwound Okay That Has Already Happened Now What I Think You're Going To See I Still Think That The Pain Trade Here Like The Path Of Least Resistance Right Now Still Feels A Little Bit Higher I Do Think We're Going To Gear Up For A Pullback In The Fall But For Now Like Over The Course The Next Couple Of Days I Still Feel Like The Pain Trade Here Is Maybe Still A Little Bit Higher Because We Still Don't Feel Overbought Because We Had A Really Big Flush Out There At The End Of July And I Think You Might See A Lot Of People That Were Forced To Sell Through Margin Calls And You Guys Know Everything Happened Leopold And Situational Awareness Hedge Fund That Kind Of Got Forced Liquidated Right At The Bottom That Happened To Some Other People As Well And I Just Feel Like There's Going To Be A Little Bit Of A Chase For Performance Back On Some Of Those And I Do Think That We Might See One More Push To New Highs Before Eventually Giving Us A Bit Of A Pullback And I Expect That Pullback To Start With The Jackson Hall Meeting And Kevin Warsh Speech At The End Of This Month So Those My Thoughts Kind of On The Broader Overall Market As We Talk About Specific Levels For Trades The Main Level That You Need To Focus On On The Spy 760 760 The Previous All-time High We Clean Clear Broke Through That Last Week During That Short Squeeze And Now The 9 EMA Is Working Its Way Up There As Well Even If I Drew Out Fibonacci Retracement Levels From The Wash Out Day That We Had From The Fed Meeting The That Prior All-time High Of 760 Sits Right Around That 382 Fibonacci Retracement Level Which Is Right At Like 759 Okay So Anywhere In This Region Is Going To Be In My Opinion This Area Right Here Is Going To Be Your Support Level So Any Pullback That You Get Into That Zone I Do Believe It Is Viable For At Least A Couple Of Days Eventually I Do Think That This Support Level Breaks And I Do Believe That The Market In The Fall Is Going To Break Back Down Into These 740s Maybe 730s Before Eventually Turning Back Around Again But I Do Think That This Is Big Enough Of A Support Level That The First Time That You Get Here I Do Believe You Can Catch Day Trades And Or Two To Three Day Swing Trades Off Of That Level Back To The Upside And This Week Is Going To Be No Different Okay Those Are Thoughts There On The Overall Market If You Do Get A Gap Up Tomorrow Morning I Mean Right Now The Markets Are Just Slightly Red But If You Do Get A Gap Up Tomorrow Morning Above Friday High Then I Think You Need To Look For Friday Close To Be Support And Look For An Extension To A New All-time High And Look For The Chase For Performance To Continue Before You Get The CPI Catalyst On Wednesday All Right Individual Stocks That We're Going To Talk About Here On The List Let's Go Through It Let [00:46:43] Speaker ?: Let Let Let Let [00:46:43] Speaker 1: Touch About One Ticker Symbol That We're Already In We've Been In For Weeks Just To Give You Guys Kind Of The Update And It's Silver It's SLV We Got To Welcome Joseph Joseph Also Just Joined The 90-day Trial Guys Everybody Welcome Joseph Joseph Welcome Brother You're Going To Enjoy Your To You And Then You Guys Can Join The Community That Is True Trading Group You Guys Are Going To Absolutely Love Your Time With Us I Can Almost Guarantee It I Believe So Strongly In What We Have Here That I Don't Mind Offering The 90-day Trial Because I'm Confident You're Going To Become An Annual Member When Your Time Is Done Honestly About 80% Of Our Trial Members Are Actually Converting To Annual Members Well Before Their 90-day Trial Is Over That's How Convinced They Are That This Is The Place That They Want To Call Home And That Means A Lot You Know Let [00:47:44] Speaker ?: Let [00:47:44] Speaker 1: Me Just Show You Real Quick We Talking About Call This Place Your Home Members Of TTG You Comment Real Quick In Chat How Many Years Have You Guys Been A Member Just Type A Number How Many Years Have You Guys Been A Member Of This Community And Member Of This Platform If You're Not A Member Pay Attention To This This Is Actually A Really Nice Question To Really Get An Answer From Members Check Out Some Of The Comments 6 Years 5 Years 4 Years 3 [00:48:13] Speaker ?: 3 [00:48:13] Speaker 1: 5 6 5 6 5 3 5 5 4 5 5 4 4 5 6 5 6 5 3 6 And A Half 8 Ritesh 8 4 5 5 Look At This Guys This Is What I'm Talking About How Do You Know That A Community And A Platform Works Because The Members Stay That's How You Know It Works Right That's How You Know It Works Because You Have Members That Have Been It For 5 6 7 8 Years That's How You Know It Works There's Your Proof See It For Yourself True Trading Group Dot Com Forward Slash 90 90 And Again Text Us With Questions Seriously We're An Open Book Anything You Need Help With 1 8 8 8 6 2 1 2 1 2 7 Let's Get Back To SLV I Entered This Trade At $50 And New Cycle High Here On Friday A Nice Clean Gap Up And Break Above Resistance At 56 And A Half To 57 Still Long A Small Piece We've Sold Out Of The Majority Of This Position But The Target On This Trade Is The Low 60 I Do Think That Silver Is Not Finished Moving Higher Any Pullback Into 56 And A Half I Am Looking To Actually Reload On The Position And Try To See We Can Get A Little Bit More Out Of This Into The Low 60 So I Just Want To Give You An Update On That We've Sold Out Of About 90 Of And We Are Now Up Here At 57 58 And If We Do Get A Pullback Into 56 And A Half To 57 I'm Probably Going To Buy Some More And We're Looking For A Target In The Low 60 It's Like 60 61 Maybe 62 But That's As Far As I'll Take It All Right That's SLB That's A Position We're Already In Let's Talk About Stuff That We Are Not Yet In I'm Actually Looking At Microsoft For Short And I Want To Be Real Clear On This With This Microsoft Trade Where This Is A Counter Trend Trade Okay It's A Counter Trend Trade But I Just Think There's So Much Resistance Up Here Around 500 And Just Feels To Me Like We're Kind Of Starting Top Out And I Just Think That We Have A Nice Little Kind Of Inverted Hammer Tail Into Resistance On Friday That I Think That We Might Just Get A Little Bit Of A Cool Off Day On Microsoft And Something Looks Like That Tomorrow So I'm Looking To Be Short Around 500 The Stop Loss Is Going To Be North Of 500 Like Maybe A 502 Or 503 And We're Just Looking For Pull Back To 490 Maybe The Mid To High 480 That Will Probably Take A Day Or Two To Hold I Don't Think You Get Into The 480 In One Day I Don't Think You Get There Tomorrow But I Just Looking For A Little Bit Of A Pull Back Stock Is Extended Off The Earnings Gap And Go And Then You Ran Into Resistance Up Here All Of This Resistance Used To Be Support Then Resistance Then You Also Have A Nice Level Up Here At Around 510 Which Is A Little Bit Higher So 510 Is Not Really A Level That I Am Focusing On Or A Level That I Have In Play For Me It's Just Looking At Just A Little Bit Of Pull Back Into The I Joined My Second Year Of College Three Years Ago It Has Been Awesome With TTG I Just Started My First Job As An M&A Analyst Crazy How Time Flies Wyatt Man [00:52:13] Speaker 3: Congrats Wow That's Incredible Man Well First Of All Congratulations On The New [00:52:19] Speaker 1: Job And Good For You Man A Sophomore Your TTG I Give You So Much Credit I Really Give You So Much Credit Wyatt You Are Going To Be So Far Ahead Of The Majority Of Your Friend Group By The Time You Were In Your 30s You Have No Idea What You Have Just Done For Yourself And I I Not Even Just Talking About For True Trading Group Because TTG Is Amazing We Are Okay But That's Not This Topic Is Going To Help Set You Up Financially Later In Life I Guarantee It So Stay On The Path That You Were On I'm So Happy That You Became A Member As Early As You Did And Congratulations On The New Job Best Of Luck With It And Man That's Amazing Looking Forward To Trading With You For Many More Years To Come Man That's Fantastic Really Great Job Really Great Job Okay So That Is Microsoft Yes I Did Mr. Englewood This Is Correct See I Don't I Don't Brag About This Stuff But Mr. Englewood Brings It Up So I'll Talk About It So Mr. Englewood Says Mike Actually Gave Microsoft As A Long Position Two Months Ago Around $360 And We All Made Money On That Advice Pay Attention This Is A Fact This Is True When Microsoft Was At 360 We Did Go Ahead And Buy Microsoft I Also At The Time My Son Was Just Born February 23rd My Son Was Born And As Soon As I Got His Social Security Number We Opened Up His Accounts And One Of The First Stocks I Bought For Him Was Microsoft At 360 And So Yes That Is True We Do Also Go Over Long Term Portfolio Stuff Inside True Training Group We Day Trade We Swing Trade We Also Cover The Long Term Portfolio We Do Stocks Options Crypto Futures You Name It We Trade It There Is Something For Everybody Here Inside True Training All Right So That Is Microsoft Now Next Let's Go To SpaceX Now Again Another One We Talked About SpaceX Inside Of The TTG Fam Inside Of The Community And I Mentioned To Everybody That This Lockup This 900 Million Share Lockup That Was Coming Free Everyone Was Like Oh Man The Stocks Like That Happens That Is Not A Surprise That The Whole World Is Aware Of The Market Usually Does Not Go In The Direction That You Are Assuming That It's Going To Go Because Everyone Is Already Positioned For The Share Unlock And A Lot Of The Sell Off That You Saw In The Month Of July Were People That Had The Shares That Were Going To Come Free In August And They Knew They Couldn't Sell It At That Time They Had To Wait A Month And A Half They Would Go Ahead Lend Their Shares Out They Would Short The Stock And Then As The Stock Goes Down They're Making Money On The Short They're Losing Money On The Shares Of They Own And When The Shares Be Free Trading They Can Use Their Shares To Just Bracket Come Free Trading They Cover Themselves Out And That's What Happens There So A Lot Of That Short Position Was From That So You Had That Unlock Happen On Thursday The Stock Did Not Go Down It Started To Move Higher And You Just Knew There Friday One Of Our Top Long Ideas On Friday Watch List Was SpaceX Long Stock Went Up 17 On Friday It Was A Huge Move With Our System On Friday So Big Shot Out There But I Think There's Still More Room Here For SpaceX I Think SpaceX Is Going To Go Back Into The Mid 140 I Am Looking For Support On SpaceX Anywhere From The High 120 To 130 High 120 To 130 Okay If You Want Me To Get More Specific Anywhere From 126 To 130 I Looking For That Area To Support And The Target Is 145 All Right See That Previous Line Well Not Previous But See That Line That I Have Drawn On My Screen That Used To Be Support Off Of The IPO Then You Broker Underneath It We Would Look For That To Become Resistance Now On A Retest And We Are Going To Look For SpaceX To Give Us Just Another Move Here To The Upside And Can That Look Something Like That And Keep The Momentum Building This Is A Huge Volume Move Here For SpaceX A Very Counter Trend Type Trade Massive Volume To Support The Move That Tells You That There's Real Momentum Here And Should Give Us Some Follow Through We're Looking For This To Continue To Push So Anywhere And Pull Back Down Towards 130 High 120 We Like That Long Look For Alibaba Ever Since You Had The Kimi Model Release And Everyone's Talking About Now These Chinese Models These Openweight Models Even More And More And More They're Getting More And More Attention And Usage And Token Wise And Usage Wise That The Chinese Models Have Actually Surpassed Some The U.S. Models And I Just Think There's A Lot Of News Flow That Is Going In Favor Of Low The Day 126 Tuesday Low The Day 126 Thursday Low The Day 126 Friday Low The Day 126 And I'm Just Looking For This To Continue Now These Chinese Names Are Tricky Though Because They Have Very Random Gaps Because These Are The Chinese ADRs And You See What Happens With These Chinese Names But Overseas But I Just Think That I Think That The Move Here Is Still Higher I Like The Support Level That Was Established At 126 If There Is A Gap Up Tomorrow We're Going To Try To Be Long In Front Of That 129 Area And Look For This To Push Up Into The Mid 130 I Love The Resistance Level From Right Around 136 It Way But Not Sure If We'll Get To That One I Probably Out Of The Trade Before We Get To This Third One But I Love The Resistance Structure That We Have Here From May You Have Multiple Day Tops Here At 136 And Then You Have Multiple Day Bottoms And A Gap Up Top Here At 134 So From 134 To 136 It's A Beautiful Resistance Zone That Time But It Has Captured My Attention Next Up SMCI Now SMCI I Have A Couple Of Stocks On My Watch List That Are Neutral Meaning They're On My Watch List For Longs And Shorts Is What That Means Okay And The Reason Why I'm Doing That Is Because Of This CPI Catalyst On Wednesday I Don't Know If This CPI Catalyst Is Going To Be Good Or Bad And The Impact It's Going To Have On The Markets Are Going To Be Completely Opposite So I See A Really Big Resistance Level At $32 Now This $32 Can Play Out In Two Different Ways We Can Break This Level With Some Convictions And Really High Volume And It Becomes Support And We Can Continue On Higher Into The Mid To High 30s Or You Try To Break It Fail Get Back Underneath It Turns Back Into A Short And You Might Be Telling Me Well Mike So Basically You Telling Me This Stock Could Go Up It Could Go Down Thanks For Nothing And Sometimes When A Stock Comes To A Major Inflection Point Usually It's A Test Of A Very Big Level You You're Better Off Not Trying To Pick The Direction But Waiting For Some Type Of Confirmation To Then Go Ahead And Get The Second Leg Of The Move You Don't Always Have To Be First Person To The Party Often Times You Don't You Know You're The First Person At The Party You Don't Know If The Party Is Going To Suck Or If It's Going To Be An Absolute Banger If You Wait For Everybody Else To Go And You See How It Is And You Find Out It's An Absolute Banger Then You Can Go And Show Up To The The Move That Follows Is Probably Going To Be Pretty Easy One So The Way That We're Going To Look At This SMCI Because You Have A Nice Resistance Level On SMCI Right Here At 36 And A Half And That Is Plenty Of Upside This Is A Double Top From June You Had The Huge Gap Down In June That Was News Related That Put In Top At 36 And Half Then You Ran Back Up Into That Level 36 And Half On The 22nd It Became Resistance Again That Is A Clean Clear Double Top Right There At 36 And Half So If 32 Gets Broken There's A Big Short Position On SMCI But If SMCI Were To Break Above This Level With High Volume Close Clean Clear Above It Convincingly Then Any Pullback That Next Day Becomes Buyable Against That Level And You Look For The Stock To Continue Higher And This Move Right This Move Is Going To Be Way Easier To Catch Than This Move This Move Would Be The Hard One This Move Is Going To Be The Easy One I Don't Know About You But I Like [01:02:42] Speaker 3: I Like Easier Trades What's That Song Work Hard For The Money So Hard For The Money Make [01:02:54] Speaker 1: It Easy Make It Easy On Yourself I Can't Think Of The Name Of That Song It's In My Head Though Came Right Into My Head That's SMCI But On The Flip Side If SMCI Gives You A Complete Failed Attempt At 32 And This Reverse Kind Of Inverted Hammer Then That's A Failed Resist That's A Failed Attempt At $32 Resistance Which Is Also The 200 Day And The 50 Day Moving Average Of 200 Days This Yellow Line The 50 Days Is Dark Blue Line And If You Get A Can That Looks Like That Then It Becomes A Short Off Of 32 Supports At 29 And Then Supports Down Around 26 27 So That's A Really Straight Forward Setup That We Can Look At Really Straight Forward Setup We Can Look At MSTR Strategy Tried To Break Through 105 Resistance On Friday And Failed Miserably Bitcoin Just Cannot Get Out Of The Mud Man Every Time You Think Bitcoin Is Going To Make A Move It Just Kind Of Stalls I'm Just Going To Watch This Thing Listen If Bitcoin Starts To Fall Back Like Underneath 64 I'm Probably Going To Be Going Short Micro Strategy If Micro Strategy I'm Just Going Wait For Bitcoin If Bitcoin Gets Under 64 I'm Going Short Micro Strategy Through Friday Low Friday Low Is 97 And I Just Think It'll Drop Through That And It'll Fall Back Down To The Low 90s The Low 90s $90 Specifically Is A Major Support Level I'm Just Going To Be Patient On This One This Is Probably Not A Trade Maybe That I Take Tomorrow But Again I'm Giving My Watch List Kind Of Here For The Week But If Bitcoin Breaks 64 K Just Know That You Can Assume I'm Probably Short Strategy [01:04:37] Speaker 3: If [01:04:38] Speaker 1: What Would Make Me Not Short Strategy I'll Give You That Also As Well Is If Bitcoin Pushes Above 66 Okay If It Pushes Back Above 66 I Would Leave It Alone I Wouldn't Try Shorting And Your Big Resistance Level Is Like 66 And Change I Think A Break Above That Triggers A New Run Like If Bitcoin Gets Above 67 K 67 K For Me Is My Trigger For The Long If Bitcoin Gets Above 67 It Probably Pushes Back To Like The High 70s Those Are My Thoughts At Least Okay So We Covered Microsoft SpaceX BABA SMCI Strategy Silver And Last But Not Least We're Going To Bloom Energy Bloom Energy Here A Lot Of Structure In The 240s And You See Previous Resistance Here In April Then You Gapped Above It It Was Support In May It Was Support In June It Was Support In July Then You Finally Broke Underneath It And It Became Resistance In July And Then Resistance There In August For Me I Just Feel Like There Is A Little Bit More Downside Back Into This 200 Day Moving Average Before Eventually Finding its Of This 240 Resistance Level Just A Little Bit More And Get Down Underneath 200 Like I'm Just Looking For Maybe Just A Little Bit More Out Of This Thing Like This Get Down Into Here And Then Run Into That 200 Day Moving Average And Then Bounce From There And If That Happens Then You Start To Form A Really Nice In Inverse Head And Shoulders Right So Then You Would Say There's Your Left Shoulder Here Would Be Your Right Shoulder And Then Here Would Be The Head And We Already Have We Already Have The Identified Neck Line In Shorts On BE Over The Next Couple Of Days But Then Eventually You Know Get Out Of There Flip It Around And Look For A Move Back Up To The Upside Okay And That's It Folks That's How We're Going To Start Off This Week I Also Have Micron On Watch But I'm Only Trading Micron If There's A Gap Up If There's A Gap Up It Would Have Be A Very Large Gap Up You Have The Gap Above Friday High And I Don't Know If That's Going To Happen That's A Big That's A Tall Ask But If You Gapped Above Friday High Then I Would Instantly Go Long Look For A Pushback Up To The Moving Average But I Just Doubt I'm Going To Get A Gap Up Of That Size So It's On Back Burner Any Gap Down I'm Probably Not Going To Short It I Just Would Not Trade It But I Just Think If It Gaps Up It's Going To Get Up Into That 50 Day Pretty Easily And That's Just A Trade I'm Going To Put In Back Pocket Okay And That's It Folks That Wraps Things Up There That's My Game Plane Here For This Week Now Obviously Some Stocks Will Come Off This List We'll See How Things Go Keep Your Ears Open For News Headlines Around Iran And How That's Going To Impact The Price Of Oil And What That Means For Inflation And What That Means For Rate Hikes And What That Means For The Overall Market Those Of You That Are Not Yet Members Of This Platform You That Will Help Improve Your Guys Trading Results You Will Also Be Getting Access To True Trading group Community The Chat Room Okay The Moderators The Screen Share The Trade Alerts The Members All Of It For Just 90 Bucks For 90 Days Go To True Trading Group Dot Com Forward Slash 90 90 Make Some Money With Us Then We'll Talk About You Becoming An Annual Member Of True Trading Group If You Have Any Questions Concerns Shoot Us A Text Message To 1-888-621-2127 Have A Wonderful Rest Of Your Night Subscribe To The Channel Smash The Like Button Show Some Love I Will See You Guys All In Chat Tomorrow Take Care Have A Great Night