Stock Market Live: Dow SURGES Despite Hot Inflation — Can This Rally Last? — 4:15PM ET

[00:00:00] Speaker 1: We'll be right back. [00:00:30] Speaker ?: We'll be right back. We'll be right back. [00:01:30] Speaker 2: We'll be right back. [00:01:59] Speaker 1: We'll be right back. We'll be right back. We'll be right back. We'll be right back. We'll be right back. We'll be right back. [00:04:59] Speaker 3: We'll be right back. We'll be right back. We'll be right back. So about 40 cents off from actually closing and filling that gap completely. And you got a nice, really, you know, really nice strong kind of snapback day here as you have now two very wide range candles on the day. And if you guys went back and you were on my live stream on Sunday night, I mentioned something to you very specifically Sunday night. Sunday night I told you, and this is why you got to make sure you guys are subscribed to the channel and return on your notifications so you don't ever miss out on any of these live streams but on sunday night we went over and said i'm probably not going to be trading the index monday to tuesday but then by the time you get your inflation data i think by midweek to the end of the week we're going to have much better direction and momentum and there's going to be a lot better opportunities for us to trade the index that's exactly so far what we've seen this week it's exactly what we've done inside of two trading group you don't have to just take my word for it you can go back and watch the live stream it's right here on this youtube channel but monday and tuesday very very tight trading ranges to two two and a half dollars three dollars from high to low on the spy and then yesterday all hell broke loose with the cpi data and then today a massive reversal but is this reversal just right back to all-time highs or is there more downsides to come and i am not ready to sit here and say that i think the market's going to rip right back to the all-time you see what's going on with oil prices you see what's going on with the inflation numbers you've got the fed meeting coming up in two weeks whether or not the fed's going to raise rates in october i think is going to have a pretty big impact if they do raise i think that that causes more volatility you have the midterm elections that are coming up that historically is a time when the markets experience some increased levels of volatility um i think what you saw happen today was you saw such a sharp reversal in bond yields yesterday into today um and that is actually seeing the rest of the market that's not ai related you saw that bounce today the equal weight s&p 500 like the s&p spy is up a quarter quarter percent but the equal weight is up 1.37 so rsp is up 1.37 today the dow okay is up over one percent today the russell is up 1.36 today but the weak spot in the market it's still the ai trade down 0.2 on the nasdaq and that's got the spy sitting there somewhere in the middle caught at up a quarter percent on the day so today was really led by today's reversal was really led by the rest of the market the 493 so to speak um not the mag 7 not the ai trades not all of your big tech names um and i think you saw that kind of got markets moving back to the upside and then you add on top of that some of these ai trades just happen to have reached and just some really great support levels like amd for example and this was one of our trade ideas today on the watch list you don't i mean listen if you're not part of your trading group you don't know any there's there's no way for you to confirm it you're i'm not gonna ask you just take my word for it but we got a lot of members in free trading group that are here on this live and we talked about amd long today off of you know this 525 area and this 525 area is essentially just you can see all this resistance from august and september and you also have your two major moving averages that sit there the 100 day and the 50 day um and yet a huge gap down today on amd where the stock just fell stretched felt overextended and you got right into that level 530 is the low of the day today and the stock reversed all the way back up to 570 so what i think ended up happening was some of these ai stocks just got really overextended to the downside they got to some really big support levels and then that's awesome dip buyers come in like amd you can also look at core weave core weave down here at 60 massive support level on core weave you can go back here to its initial ipo that original ipo high then you broke through it the stock exploded you pulled all the way back in it's been support ever since spent support for a whole year you tested this level back in november of 25 it was support in november december it was support in march of 26 was support in july of 26 and now today huge gap down extended move into it and then a really strong reversal back to the upside so i just think that the ai trade a lot of these stocks reached levels that i think were just too great of levels of support where dip buyers had stepped in and then bond yields crashing and therefore the price of bonds you know rallying so huge move in bonds over the last um you know week or so and this huge gap up today i just think that that's what gave you the upside in the rest of the market and then i think that the ai stocks is more technical so i think you just have some fundamentals with bond yields pulling back that got the rest of the market moving higher and from the ai trades i just think that it was technical with some stocks reaching some pretty important key support levels and you add all those things together and you get a strong reversal in the markets today but i don't know i'm not so sure that this reversal is going to hold today i'm not not so sure that this reversal is going to hold today um i'm just not yet ready to just say that the market's going to go right back to all-time highs you know i wouldn't be surprised if we you know pull back a little bit more but the next two weeks honestly the next few weeks are going to be so huge guys because you're going to have we've got the fed meeting in less than two weeks but you want to know what else you get over the course the next two weeks all your tech earnings you're going to get alphabet and meta and amazon and um all of these other you know tech names all your your mag sevens all your your ai names are going to be reporting earnings over the course of the next two weeks okay so i mean there's going to be such an opportunity here for us to to get some increased levels of volatility like we saw today and yesterday and with all of these unknowns coming up i just don't i'm just not i don't know guys i'm not convinced i know we got a nice big reversal today but i'm just not convinced yet the market's going to make it move back up towards those all-time highs so i you know we look at today we think oh you're right back to your regularly scheduled programming i'm just here to tell you that i don't think that i'm not ready to say that we made a lot of money short the market yesterday into today we took that position off today i'm no longer short the market but i would get myself back into it probably not tomorrow but probably sometime next week if it if the setup you know continues to to play itself out your key level is now going to be that 764 gap bill which is today's low that's going to be your real big level of support if that level breaks you target 760. 760 would be the next level of support if you do get down underneath 764. okay so you know what we'll talk about here today i also entered a new swing trade position today so i'll kind of fill you guys in on a new position that i entered today we'll recap the trade that we entered short yesterday again 7833 on s p futures we've rolled that thing all the way down about 80 points or so um worth of profit on that trade i'm now since out of that position entirely so we can kind of recap that i'll answer you guys's questions we can do a little segment of maybe grade my stock where you guys kind of ask me to take a look at any particular stock you're interested in and i can go through and um tell you my thoughts on it from a chart perspective in the near term but also from a long-term perspective fundamentally if i like the company or not okay now for those of you that are new to the channel welcome all right my name is michael edward paranati i go by michael edward if you are unfamiliar with who i am i'm the co-founder and head trader of true trading group and ttg ai okay this is a platform we are not just a chat room with courses and trade alerts ttg is a fintech platform that provides trading software and tools and analytics for retail traders that give them a distinct advantage and edge over other traders that simply do not have access to the information tools resources data and analytics that we have on this platform okay we are very proud to be partnered with and powered by the nasdaq benzinga open ai data bento unusual whales and a few others ttg is an award-winning platform we have actually received the global benzinga fintech award for best ai analysis tool this is a platform that is built on education that's backed by experience strategies that are proven through success and tools that actually think and every single bit of it fully built around and customized around you the individual user um the reason why i think you guys should pay attention to the stuff that i talk about on this live stream is because i didn't have to figure this stuff out on my own i don't claim to be the world's greatest trader i don't have a 99 win rate um i think you should pay attention to what we discuss here because i was trained by professionals my very first job at a college working at a fund in new york city t3 alpha fund while there they had me go through a training program before they let me touch one dollar of the firm's money and then now you fast forward to 2008 and that was the great recession the huge stock market crash but it's also the same year that i received one of the firm's trader of the year once now you fast forward i'm the co-founder and head trader of ttg along with my team of seven other professional full-time trading moderators that share their screens and trade in front of you live answer questions provide market commentary analysis throughout the entire trading day um we have about 11 000 members from 114 different countries you're truly a global community here at ttg our members we day trade we swing trade we cover long-term portfolio investing we scalp we trade stocks options futures even a little bit of crypto so there's truly something for everybody here at true trading group and today is actually a monumental day for us as a company for us as a platform now we have an entire ecosystem of trading tools within true trading groups some of them are ai trading tools some of them are algorithmic trading tools some of them are you know institutional data feeds that like a like level three that we get directly from the nasdaq stock exchange that allows us to make a distinction determine between the difference between institutional order flow versus retail order flow that really gives us an advantage over others when we're trying to identify support and resistance levels if for example if you think that there's support at 765 you can say to mari which is our our ai model we actually have our own model actually training group we serve our own imprints we have all of our own ai infrastructure we have invested seven figure over seven figures over the last two years and building out our ai infrastructure that houses and holds all the tools that we have here and actually you know makes everything that we do here possible um so we spare no expense we are you know all in when it comes to this um and and the results really speak for themselves when it comes to the tools and resources that we have and when i mean the results speak for themselves i mean that members of ttg actually make money and at the end of the day that's what's the most important thing you know if there's anybody that's on here you guys are members of true trading group do me a favor type the number one if you're making money and you guys are becoming better traders because of ttg just go ahead real quick type the number one if you're making money you're becoming a better trader because of true trading group just go ahead right now and type the number one those of you that are members and those of you that are not members i would pay attention to how many people you see type the number one because these are your peers these are people that were once you once just a viewer on a live stream and now here they are telling you they're actually making money they're becoming better traders and if they can do it then so can you there's no reason that they're able to be successful at this and you're not okay they're not luckier than you and they sure as hell do not have more time than you because 82 of our members have a full-time job so there's there's a really truly is no excuse yes today was the best with the live trading so that takes me to today being a milestone day for us at true trading group our premier product at ttg is something that we call active trader active traders an entire trading system and software that has our most powerful version of our ai model that's called mari but what we have been able to establish and create here at true trading group is a a system that actually will allow you to connect your brokerage account and you can speak to our ai and you can say hey if tesla gets to or if spacex gets to 140 bucks i want to buy call options i want to risk 500 bucks you know you set the stop loss you set the profit targets and you can have our ai can go in and can actually if when spacex reaches that price it can execute buy some call options position size for the risk that you are comfortable with it can set the stop loss it can set the profit targets and it can execute the trade completely um on its own while you are busy with work you're picking up your kid from school you're sitting in traffic maybe you're on a plane um to for a business trip or maybe you're on the golf course maybe you're in the swimming pool maybe you're at the spa maybe you're at the gym and you can have our ai go ahead and take profit for you it'll move your stop loss and lock in profits and it can completely manage the position while you are sleeping and we've had this software now live inside true trading group for a little over a month but when it first went live we had it only on paper trading accounts and today is the very first day that we have gone live with a full day of real capital with this system um and it was a flying success i am so incredibly proud and excited about just how well this this product performs you have a lot of members that are part of ttg that have access to this system that are here inside of chat with you now we we did a slow roll out to about 225 members that are part of our ai insiders club they're the first ones that get access to this this this system and we want to make sure that obviously all of our systems work smoothly so we are rolling and tearing people in so the people that are part of the insiders program about 225 people they get access to it first and they had they got access to it last night a lot of members were trading with real money with the system last night with trading futures and then you had a lot of those members trading that with the system here this morning and did incredibly well a lot of members that were two for two some members were four for four some members were three for four um just we had one member that started in their ninja trader account trading futures they started with three hundred dollars they doubled that account in the last 24 hours up to now six hundred dollars uh fib i don't know if you're if you're on this live stream but if you do if fit fit my notch if you are if you are here um if you want to just verify what i'm saying is true and accurate i don't know if they're on this live stream or not right now at this moment but i don't want oh there he is today yes sir so yeah so this is someone that just got access just got access to this system and the very first thing that they did was they took 300 bucks put it into a ninja trader account and they let it trade live today and today they're now that account now has 600 in it and you can see right there facts true story that is a one of our members one of our ai insiders that are here with true training group right now you can trade live with wow loving life goes 12 trades all green this is what i'm talking about that's actually insane that's insane loving life 12 trades all green that's just next level stuff that really truly is next level stuff that's absolutely absolutely out of this world i made more money than i normally do thanks to mari in live trading so there it is fit by nachi was six for six so there you go so there's one member was 12 for 12 this member was six for six this member doubled their account this other member said they made more money trading today than they ever have using more with the live trading this is really why today is a really monumental day for us as a as a business as a platform because everything that we have worked so hard for over the last two years all kind of came full circle today and for for our members to be to be having this type of success day one is is something i just can't even express and i can't even just fully put to words on on how excited and how happy i am to see this um this is something that's going to allow you to trade like it's your full-time job and live your life like it's not this is something that is going to help you no question about it is going to help you improve on your trading statistics and your trading results why because it's built specifically to remove all of the things that are your weaknesses so many traders let me one example 98 percent of traders have a higher idea win rate than they do executed win rate meaning when you're like oh i think this stock's going to do this you're right more than you're not maybe your win rate on that is i'm just making up numbers let's say your idea win rate is 64 but then you look at your actual trading and your win rate's only 51. why is that well that's the emotional and psychological factor inside of trading that's fear that's greed that's lack of confidence right that's second guessing that's hesitation that's not sticking to your plan that's not being disciplined that's chasing that's fomo and that's why your execution is only 51 win rate but your idea win rate is 64. well by using this system guess what now you're going to actually execute and trade the idea your win rate will be up there at 64 percent not 51 and that's something that pays for the system itself and then some it takes you and your emotion out of the out of the situation it's sticks to the game plan regardless exactly my boy abdul had a 1000 gainer today that's absolutely insane man congratulations so today's a really special day it's a really big milestone for us as a company it's a big milestone for us as a platform now if you're someone that's on this live stream right now and you're maybe not a member then i'm being dead serious when i tell you write this day down on your calendar because in the very near future you are going to start to hear a whole lot more about what it is that i'm telling you about we've actually already been contacted by a brokerage firm i'm not going to talk about who or what because nothing's happened or nothing may happen but people are already beginning to recognize what is that we are doing here and now that this product is completely live and ready to go it is now going to be something that we are going to display to the world nothing like this exists out there yet um it truly is something that is the first of its kind and to see the amount of success that members had today is is nothing short of amazing and incredible and i'm just happy proud and excited about what comes next so congratulations all of my members that are have been part of this journey and i want to say a huge thank you to each and every single one of you because without your support none of this is possible without your guys's support in true trading group we would not be able to invest the money that we have invested to build the products that we have built but i promise you and this is one guarantee you'll always get from true trading group from adam and myself is we will always continue to invest in the best of the best leading technology to make sure that every single thing that we build gives you the best weapons and the best tools that you need to give yourself the greatest chance of becoming successful and reaching and achieving your goals when you are out there trading in the marketplace it is a competition make no mistake about it okay you're not out there to make friends when you buy something that means somebody else is selling it to you so you think it's going up someone else thinks it's going down one of you is wrong when you make money you have a thousand dollar day you have a five thousand dollar day you have a ten thousand dollar day that money didn't just get created out of thin air somebody else lost that money yeah i tried many and nothing compares to mari i didn't even use active trader yet so that's the thing mari so mari is our model and it is our own model mari is specifically built and trained for active trading and investing it is not something you're going to want to use to help you with a project for work you don't want it to you don't want to use it to help with your kids homework but anything that you can possibly imagine that is stock market and finance and trading and investing related there is nothing out there there is no model that gives the type of analysis that mari gives mari thinks like an active trader i'm not this we are not talking about some generic some basic llm or frontier model that is giving you some bear bull summary of a stock sure can you go to chat gpt and ask what's a good stock for me to buy it's going to give you an answer but the way that it comes up with that answer sucks okay can you go and ask you know any ai model hey can you tell me about nvidia's earnings and can you tell me about their financial statement any ai can do that but you are not going to find any model that you can say hey the stock's pushing up to 400 it looks like resistance i kind of want to buy some foot options like what do you think and it's going to come back and tell you right now the tape is really strong institutional buying activity still has momentum to the upside yes you do have resistance up there at 400 we do sue some institutional cell clusters up there i don't think it's wise to try to short into this upward move i would wait not short the first touch of 400 ideally wait for a break of 400 and a failure back underneath and then short the retest of 400 target profit targets into 396 first take profit where bwop currently sits then load the day at 392 and then if you want to hold on to some of that position overnight you have a gap build down to 390 that could be a really ideal place i would suggest not this friday's expiration because there's not enough time it might not the trade might not happen in just one day i would advise you to go to next week's expiration put option and the 396 put right now has the most volume and the most open interest that's the put option that i would go with with currently a premium trading at around two dollars and 43 cents based on your risk of 500 i suggest that you get four contracts and have a stop loss at you know if the stock gets back above 402. there's not a single llm or funto model that's going to give you that type of response because none of them are trained to be an actual trader ours is and literally the example that i just gave you is a real example of a analysis and a response that our model gave you guys can all go to my x channel okay and pinned at our on my x my x account pinned at the very top is the is exactly the type of example that i'm referring to you guys can go follow me okay my my twitter handle my x handle is at mike edward underscore ttg okay again that is mike edward underscore ttg you know what luciano are you able can you just go maybe can you go grab my home page and can you pull up the post i'm talking about my pinned account let me see guys real quick if maybe uh luciano can can grab that for me while i'm on here yeah give me two okay yeah i'm actually going to show you i'm actually going to show you an example of kind of what i'm talking about okay i'm actually going to show you so luciano is going to go to my x account right now and i welcome you guys all to go follow me it's again at mike edward underscore ttg i'm always posting examples of the system i'm posting market analysis trade ideas commentary and everything on my page so you guys can go can go definitely check that out but i'm going to have luciano go to my x page he's going to pull up the and luciano if you can't do it let me know i mean i can pull it up on my end too i just thought it might be easier for you to do it but if you need me to do it i can i can grab it on my end and i can share my screen if it's easier just let me know all right yeah luchon it's it's it's the it's the message or it's the post that's pinned on my account so we can just pull that up oh i think all right let me see let me see if he's got it no you need me to do it everyone wants you oh because it won't let you add the screen i'll do it i'll do it don't worry don't worry about it i'll do it right now hold on okay all right so here's my here's my x account here's my x page this is pinned on my account okay so this is the the example that i wanted to show you okay so here it is here's the message okay this is an example for snowflake now let's read this analysis and then we're going to go look at the chart your stop has to sit above the extension high of 349.50 which is a 2.50 stop on the stock outside scalp guide for a name this extended by structure that's a day trade not a scalp the version that i'd actually take don't short 347 on the first touch short the failure of 347 shape it as a fade let the price poke above 347.22 on a one minute candle close back below the zone then short the retest with the stop above that poke high your target first target 341.60 that's a 15 minute shelf and then target 2 towards vwop at 338.50 that's real risk reward if the trigger does fire meaner version gap fades also tend to target vwop and 338.50 is 6.70 of room on your trade so my answer the direction is a legitimate fade idea price and timing are wrong though for a first touch short as a break and retest failure short of the 347 zone is a cleaner a plus shape setup shorting 347 blind while it's riding 345 is right and rising is catching a knife to the upside if you want it give me two things and i'll draft it how to enter fade a failed break of 342.22 that's my recommendation or do you insist on a first touch of 347 okay one caution that i see i see no uh i see no snow earnings flag today or yesterday's news um so just telling you that there's no there's no earnings news you have to worry about so now just remember that what this thing just said okay legitimate fade idea let the stock poke through 347 then fail get back underneath it and then short the retest that was the analysis that our other that our model gave now let's look at a chart and see what snowflake actually did i drew a line across 347.22 which is what this which is what that model suggested we will see here at 11.15 we broke through 347.22 and then failed and dropped back underneath it according to mari it said wait for the push through drop back underneath then short the retest so this is the moment that you would be getting short or you can short it back here you'll be shorting the retest of the level and you can see what transpired from that point forward the stock rolled over several dollars so 347 short the stock fell all the way down to 340 within the next two to three hours so that's just one example right that is one example of me showing you the type of analysis that our model actually provides okay this is something that is it's specifically specifically specifically trained and built around my trading strategies my type of analysis my rule sets my parameters and that is why you get responses and you get answers the way that you just saw it there is not a model out there that exists that gives you that type of a response so if you guys are serious about trading and you want real legitimate real-time analysis with real-time data real-time support and resistance real-time order flow real-time candlestick patterns real-time chart patterns real-time news analysis then there is nothing out there that exists that's going to give you a better chance to make money on a consistent basis than we have right here right now anyone that's on this live stream that is not yet a member of true trading group i'm going to give you a chance to use our model for 90 days how's that sound you don't believe me great i love it i love if you don't believe me i will put my money where my mouth is i'm going to let anyone that's on a member right now go to truetradinggroup.com forward slash 90 90 and you can use our tools for 90 days now you will not get access to the active trader active trader is our most premier uh premium ai product that's where you can connect it into into your brokerage account and you can actually trip you know make trades live inside your account with real money that you're not going to be able to do as a trial member that is something that is an additional fee when you join true trading group um i highly recommend that you that you get it if you become a member but i'm just telling you it's not something that you're going to have access to as part of the trial but you will have access to the model that i just showed you you will have access to some of the other amazing tools that we have we have trade plan generators we have ai charting softwares i mean you've got so many different things that you guys can have access to and of course mari the model itself so go to truetradinggroup.com forward slash 90 90 try out our products for 90 days okay i'm going to charge just one dollar a day because all of our system is all ai usage based um it's going to cost us a lot more than a dollar a day for you to use all these things and that's okay i don't mind i will put the money up in the beginning so you can use the tools because i believe so strongly that when you are done you are never going to want to trade without them ever again you saw fit my notchy the person that started with 300 today and turned it turns dollars yesterday and today sitting at 600 um with the the active trader system said i may never make a trade myself ever again and and you're talking about these are real people real members that have been here for years telling you that they will never want to trade without these tools ever again so i it's a business decision on my end right it's a business decision on my end to let you try the tools i'll lose money while you try the tools for 90 days and then my my get my bet is that you're then going to want to become an annual member and that's when we as a business will make money when you subscribe to all the platform when you subscribe to the platform and you start to you know start to sign up to use the tools and that's when we'll start to make money and that's when you'll start to make money and that's the way that it should be we'll start to make money when you start to make money but let's get you onto the platform let's get you to start using the tools because if our stuff is as good as i claim that it is that's exactly how this should work go to truetradinggroup.com forward slash 9090 if you have any questions at all you have any concerns you need help with something you need help signing up whatever you can send us a text message to the phone number that's on the bottom of your screen the phone number to send a text is 1-888-621-2127 again that's 1-888-621-2127 again the phone number is right down there at the bottom of your screen just text that number if you guys have any questions if you need help otherwise go directly to truetradinggroup.com forward slash 90 90 and you guys can sign up for 90 days for a 90 day trial use our systems use our model for just 90 bucks and then we'll talk about you becoming uh an annual member later at a later time okay sound like a plan excellent all right let's talk about there is a a trade that i entered today it is intended to be a swing trade and it's actually netflix uh i entered netflix today we've already taken profits off twice okay we entered netflix right here on what was what ended up being just a beautiful double bottom we went long at 71.44 and right away this thing just popped this thing popped so we went ahead and we took two two pieces of profit off the table okay we took our first piece of profit off right here when we started to test the high of the day and we took another piece of profit off as we extended through the high of the day at 73. so we got here's our our entry down here at the double bottom and we got one take two takes and we're still long so my target on this trade is actually somewhere between 74.50 and 75. let me go ahead and just kind of delete these i'm long from 71.44 members are in um members are in the 72 strike october 23 call option i am long the stock at 71.44 and the target for the trade is as follows you can see pivot resistance right here just shy of 74 dollars and then you can see resistance right here at 75. now 75 resistance is this previous pivot low from earlier in the month of september and then this gap bill so you have this big gap down in the middle of september so you see how the stock had this big gap down on september 18th that creates an open gap from september 17. in order to fill that gap you've got to get back to 75. but what else sits up there at 75 is this dark blue line you see on my screen this dark blue line okay is the 50-day moving average and this 100-day moving this uh purple line you see on my screen is the 100-day moving average both of those moving averages right now are converging right around 75 dollars so that's this area right in here in between these two lines that you see join on my screen that's going to be my final target for the trade so again i'm long at 71.44 we already took profits off at 72.50 and 73 so we're already at like one and a half um we're already at one and a half to one on our trade and if we get the follow-through that we're looking for you'll be at you know around a three to one on the trade if we can get a little bit further from there okay you have you know what looks to me like a nice double bottom at a really big support level i'll go out to a weekly chart to show you the support level you got into this previous all-time high back here from 2021 that was 70 and you kind of drop right down here into the high 60s and you can see this double bottom that's trying to be put in place and we're going to see if this stock could you know start to bounce off of this level and start to push itself back up um back to the upside okay but that's the resistance zone that we're looking for for us to kind of run into some resistance and take some more profit off on the trade okay all right let's go into now and just kind of review yesterday uh and again for this we'll go back to the spy i'll just kind of review for you guys the trade um that we had made and for us yesterday you had a huge gap down yesterday um after your cpi debt and you had a really nice support level that was sitting at around 766 766 was um tuesday's low so there's tuesday's low at 766. okay but in the overnight session from tuesday morning into wednesday morning you had another double bottom that took place on futures that lines up at the exact same level there at 78.40 as the futures level 78.35 to 78.40 that's this that's the support level of the low of the day from tuesday and that's the overnight low double bottom overnight low from tuesday into wednesday with 78.40 78.35 so when we got underneath it when we got the hot and expected cpi number we had said a push back into that level we looked for to then become resistance and we pushed right up back into that level and i went ahead and i got short s p futures at 78.33 right there okay we took the trade short right there we kind of pushed higher a little bit at first and then rolled over sold off the rest of the day and this is just the rest is history we were able to rip out 50 60 points yesterday between you know 80 points there again today um i reloaded some of that position right here on the retest of 771 on the spy um and then we took some more profit off as we kind of faded away off of that level and then i i'm still still having some shares excuse me so having some contracts that are short from back up here and then we got out of we took final profit off of the position right here on the breakthrough of the high today so i'm no longer in this trade it was a really big trade for us um i think we had like 80 points or so something like that i'd have to go back and check it exactly but a really big trade for us um but i closed that position out today but i'm looking to get myself back into it again if you missed the very beginning of the stream i'm not yet sold on the bounce back that we saw today i'm not quite sold that it's going to hold so um i'm not aggressively short at this time again i covered my short position today we locked that profit in but i'm cautious okay i'm still cautious uh will you be out by earnings on the 20th excellent question j2d2 um most likely i will be out of netflix by the earnings on the 20th most likely okay i don't like holding on to swing trade positions going into earning sprints i feel like it's a little bit of a of a crapshoot um i feel like it's a little bit of a gamble i feel like it's a little bit of a you know close your eyes cross your fingers and and hope and pray and see what happens so you know not something that i'm probably necessarily going to to do mike just running an active trader mode trade on mes mes dropped completely out of my entry range and active trader mode immediately invalidated the trade fantastic reaction time yeah it's it's unbelievable this is what i'm talking about this is why so if you guys if you guys missed it this is exactly what i was referring to earlier when i was explaining active trader so active trader this is the system that can actually place trades for you um david's saying multiple times she thinks of everything every possible fail safe you could think of are there um the fail states on this system are unbelievable i have complete and total faith um in letting it actually manage positions we have tested it vigorously and it has just been passing with flying colors again today just a really big day for us man just a big milestone for us as a business and as a company so really excited for you guys to be using it okay um when will little people who use weeble get to play so next week jimmy we are aiming for weeble interactive brokers right now as the system is right now uh it can do ninja trader it can do uh tos and it can do uh robin hood but every week we're going to be adding more and more brokerages uh next up i believe is weeble and interactive brokers i'm going to do e-trade fidelity so we're going to be continuing to roll out um more brokerages as as the the weeks go on and like i said those of you that are part of the teach the air insiders club you guys get first crack at this you're the first group it's about 225 people you guys get first crack at this um and then the rest of everybody that has active trader you guys will then be getting access um as we continue to roll this out but today again mark this day down on your calendar a special day for us as a company and i'm telling you now it's going to be the day that retail trading has has changed entirely no more having to sit in front of a computer screen no more having to miss your entry or miss your take profit because you were in a meeting or you were on your way to work or you were traveling or you were at your kid's soccer game no more no more on the west coast i didn't wake up in time i missed the move no more no more my international members we have members in 114 different countries no more oh man like the timing and i was eating dinner and i missed it oh man i wish i caught this i'm telling you again this thing will allow you to trade like it's your full-time job but live your life like it's not i will be giving her full access to my interactive broker account she has completely earned my trust same with me fed my nachi she has completely earned my trust um i have absolutely no problem you know letting my you know letting it trade for me it's just been absolutely unbelievable it's anything it's more than i could have ever asked for it okay so so there you guys have it man again those of you that are not members i showed you that example there with our with our our model mari again if you guys want to use these things you can go ahead and try them out for 90 days you go to truetradinggroup.com forward slash 9090 now again as a trial member you're not going to get access to the active trader that is our most premium product that we have a tdg it has it houses our most powerful version of mari and it allows you to actually connect to your brokerage account and actually place live trades you won't have access to that as a trial member but you will have access to the model itself you'll have access to our trade plan generator the holy grail you have access to ai charting software you guys going to get access to the whole other suite of tools that we have here so use them i want you to really use them i want you to see the impact it has on your trading results and then we'll talk about getting you signed up for an annual membership if you have any questions at all okay it takes me longer to catch a cold than a trade now it's really funny um so you guys um like i said if you have any questions at all you can shoot us a text message we'll get you help signed up um and answer any questions you have 1-888-621-2127 so you guys got the recap on today's price action with the overall market recap on the short position from yesterday an update on a new position that we just entered today and the analysis we had on sunday next live stream has proven to be correct we had said look for consolidation early in the week look for directional momentum later in the week and my goodness do we have some directional momentum here between yesterday and today big day for us inside of true training group from a p l standpoint for our members but also a big monumental day for us as a business as we roll out the very first of its kind you know kind of new age generation of of tools and software that's going to help retail traders just like yourself become more profitable more consistent at a much faster pace okay again true trading group.com forward slash 90 90. if you have any questions just shoot us a text 1-888-621-2127 have a wonderful rest of your night guys um if you have not yet done so subscribe to this channel smash that like button show some love turn on your notifications make sure you guys never miss out on any of these live streams for the rows of you that have access to the live trading knock yourselves out okay you got a little break right now for the futures market but i have a feeling that you guys are gonna be going nuts that i feel you guys be going nuts all day um uh so you got crypto in there you've got the futures so enjoy all right take it easy folks have a great night