WILL THIS BOUNCE HOLD?! OR IS IT JUST LIKE THE REST??

0:00 Alrighty. What is going on ladies and gents? Welcome back to the channel for another market update. Hope everybody had a lovely day. And with that being said, dive into the TA. All right, guys. So, we uh we got a gap up today. We closed up about a percent here on both the NASDAQ and the S&P 500. All right, we still have the uh the short-term moving averages right above us. Um but, you know, I'm just going to reference what we talked about in the weekly update there. Uh, and yeah. All right. I'm just going to share, you know, the stats we went over there. Okay. Um, ever since 2007, July 2007, we've had 15 15 of these occurrences here on VIX where we crossed here on the

0:45 weekly RSI. Okay, 15 of these occurrences. We've had more where you got close to, but 15 I marked out since, you know, 2007 there where we've got that. Okay, these have marked bottoms there before, you know, at least every single one of these, every darn stinking one of these was at least 4.7% by what would be this Friday. All right, since 2007, 15 out of 15, you want to go all the way back into the inception of VIX. Okay. And yeah, you only have uh it's I believe out of 26, you only had two that did not get these moves. And if you gave those two time, all right, they

1:30 did also have larger bounces than that 4.7% move. Um regardless, all these occurrences, uh VIX's weekly RSI getting up there, it does honestly just mark major bottoms. It's it's turning points in the market. It's it's peak fear when you get up there. And uh yeah, you know, we we have bounces consistently on all these crashes or not. Okay, I went back. Every single one of these have has given you a decent bounce. Okay, crash or not. All right, and during crashes, this actually worked. All right. Uh we have two occurrences where it did not. And I marked them out in red here, right over here. Okay. um where look at this. Okay, you give it just one more week. So this

2:17 12 sessions right there, that would be like next next Wednesday, next Tuesday or Wednesday still getting a 4.6% move up. This is one of those two times since 1990 where this did not work out. Okay, I'm just, you know, I I know uh people think there's a larger move down coming. I know QQ does not look good. Okay, I I really think this looks so funky. I really do. But because of what I'm showing you right here, I just yeah, you know, I I don't think there's a reason to not expect that we're going to get a larger bounce here. Even if we want to move down, okay, even if we want to move down after, I'm still going to expect that this larger bounce happens. I am all right. Um, you know, this right over here, this was the other of those two

3:04 times where it did not end up working out. And from that low, okay, you went 3.7% given just an extra week there. Okay, so that is again like us, you know, going out until not this Friday, but next Friday. Okay, like next Wednesday or Thursday. This would be us getting a 3.7% move up off of the lows over here on SPY. Those were the two times it did not work out. Okay, the other times like it worked. Okay. Every single one of these like you got a larger than that. I think the smallest was 4.6 4.5 I think was the smallest. If we're going to go back here up into 1994, you take 1994 into consideration, the smallest bounce is 3 and a half%. Now

3:50 that being said, when these bounces happen, three and a half 3.8% it happened by what would be this Friday. You know, this only took a few sessions from what was last Monday. Okay. Um, so you know, I'm just going to say this is going off of the signal came over here. The signal tells us to mark out the low of the next weekly candle. That's right over here. Okay, that's Monday. Where all those all of these are taken from is me marking out Monday up into that next high. All right, so I I just I think it's worth taking all of this into consideration right now. I think it is because it looks like It looks like it wants to fall, but you got the inverted hammer going on here. The daily RSI came down. We have the 200 DMA sitting right down below, okay? Like

4:37 right down below on SPY, QQ, IWMDIA. Okay, that's all the four major indices there. Russell 2000, Dow Jones, NASDAQ, S&P, all the four major indices. Okay, you come over RSP. What's going on? Okay, daily RSI came down to somewhere where it has bottomed out before larger bounces. We have not gotten large bounce. We are I think percent and a half off off the lows there. We have not gotten larger bounce. Okay, but like all of these like off lows, you do get a larger than a 1.5% bounce. So, I think most likely we're going to continue bouncing for the time being. I think we probably are going to see this is RSP here. I think we are going to see that stat play out on the S&P 500. VIX did the S&P 500 which means guys going all

5:25 the way back to 2007. Okay, July 2007 to be exact. Going off of this low right here, you have then seen a 4 and a half four it was 4.7% move up. That's 692 693. I'm not saying we're getting up there, but again, since July 2007, it's 15 out of 15 times VIX did this over here, okay? Got above the weekly RSI of 67 there. Okay. Um, yeah, it's that's how that's gone down. And if you even go back all the way to inception, like we have stats saying, yeah, we're going to keep bouncing the short term and we're probably at least going to get 680 to 685. That's your worst case scenario. All right. But again, since 2007, July

6:11 2007, like we would be getting 692, 693 this week by Friday. Okay, so that's my base case for the time being. That's my reasoning behind it. People can call it stupid. I don't think it's stupid. Um I think I'm looking at facts and I I feel good about that. Okay. Um but I'm definitely going to remind everyone VIX for the past two months, it has been bouncing every time it hits the 21 DMA here, the daily moving average. uh within one to two sessions it has been bouncing back. I'm not saying like this. We definitely have conditions suggesting that this time is going to be different. Okay, we do. All right, that being said, this is what's happened every single time you've hit that 21 DMA. All right, the white line there for the past two

6:57 months. Maybe it's been over two months. It's been just about two months. Okay. um when we make a lower low on VIX, which is us right now. The pre the previous lower low or the previous last higher low was 2040. Okay, we take out 2040, that's when I'm going to just conf confidently say we are out of the woods. We're out the woods. We got stats on our honestly. Like I think we're going to probably go back up to alltime highs and people are going to be wowed. Um I'm going to be wowed if if that actually happens. I'm going to be wowed. But regard like we have stats suggesting that's probably going to be the case regardless. Okay, like go back to 1990 and yeah I mean we are looking for this you know there were only two times where you

7:43 didn't at least get what was it 3.5% move off of the lows there and the times where it was a 3.5% move it happened by what would be this Friday. So, I'm looking for no matter what, I'm really looking for 680 to 685 minimum this week, most likely 685, but I'm so open to going to 692 to 693. Okay, if that happens, this is just going to look completely different. UKQ is going to look completely different somehow. Okay, right around the 200, right? Like it's right over here. Like that's where Spies is. That's where IWM's is. That's where DAS is. Like, they're all right on it. I'm assuming we get a larger bounce than what we just got overnight. But this is what I was saying the weekly update where people are just going to be shorting into lows or selling their longs into lows when in

8:29 reality, you know, you got things like INTC today that boom bing just popped. Okay, I'll just, you know, pat on the back. Let's let's talk about what we talked about in the weekly update there. SNDK NBIS NBIS. Okay, >> that was >> another 15% move up today. Crazy. Absolutely crazy. I took most of it off before this this gap up, but I had three contracts left. And yeah. All right. Um, boom, bop, bing, boom, pow. NBIS is probably going to continue rising here. It's got a gap on on on the uh weekly chart here. I'm assuming it continues pushing into all-time highs today. Uh, this week, 141 on this candle. Um, and then next week, we will start a consolidation period for a few weeks before that next move up. I think

9:15 it's going to go like how we had this gap up over here. That's the only other sizable gap up I can really compare this to uh on the weekly chart. So that's what I'm comparing it to. Um regardless, I think people should be taking their profits if you, you know, were on this name when we were talking about this or maybe you bought this gap up right here. Okay? You know, we started talking about on this day right here. We've actually been talking about during consolidation waiting for this thing to break out. We caught the move up over here. It did not end up uh it did not break out. We had this, you know, right over here. We said it was probably going to be heading back up to high. That's what we're looking for. We don't know if it's going to reject it. Finally got over like this is a larger move. This is definitely uh there's another one looking pretty nice right right now too. Okay. Um but yeah,

10:01 honestly, you know, most stocks had a you know, decent size bounce up today. And I'm thinking we're probably going to continue pushing here on SPY because of what we just talked about. If that happens, all these stocks are going to continue running. Okay. So, we're going to talk about some individual tickers. Okay. Uh we're going to go over some levels here on spy and QQQ, but I really again, you know, until this move plays out, the most important thing is just to keep in mind that the broad market is likely going to see this bounce. Okay, by that I mean spy spy is likely to see this bounce here. Okay, u and if that happens, everything is likely to move up. So that is the bias and that's that's that that's the reasoning behind it. All right. Uh on the upside, you rejected 67120 today. I want to point out you're right at the 4 hour 21 EMA on

10:48 both SPY and QQQ. Perfect spot to either get slammed back down or elevate. Okay, you will see what happens by tomorrow. Uh we have we're not going to stay here in this fourpoint range. All right, we had a very small uh daily candle here. By that I mean well not very small but 73 on spine. I think it was smaller here on QQQ. Yeah, point seven over there on QQQ. Uh with where VIX is, we should have a a wider daily range, but you know, I I'm just saying we are likely going to see that move that we talked about play out. And I'm guessing we get some nice candles uh over the coming few sessions here. I I am most of those moves happen relatively quick and uh yeah, time has

11:34 already gone by. I I'm thinking we're going to be moving up. That is that I think we test this 21 EMA as soon as tomorrow. I know, crazy. 10 points. Nuts, nuts, nuts, nuts. But regardless, by Friday. Um, but yeah, on the upside, you have 67120, perfect spot. 4 hour 21 above 1 hour 21 EMA right below. Either, you know, they slammed you right from here. That 4 hour 21 and 67120. This where you broke down from. It's a key spot. Uh, or they're going to get you over there. You're going to eat the supply and probably get a gap up overnight. Uh, if you're going to get through it, but maybe it happens today tomorrow. I could just see a gap up through the spot. Um, but yeah, above 67120 you have 67334, 67579, and then

12:19 6808. Last week's high is 68336. On the downside, you have today's low is 66715 and then 66136. If you do get back down there, I'm guessing they will just step in off of the 200 DMA. Daily RSI already came down into oversold territory just about got down to 33 the other day. Um yeah, you know, it most of the time does not spend too much time down here again. I mean, yeah, you know, everything's everything working towards we probably get a big move up by Friday, but worst case scenario, it lasts into next week. There you go. That's your worst case scenario. But we're still we're looking for these upper prices though. We definitely are. We definitely are. Yeah, VIX. We'll see

13:05 if this is the first time it's actually going to start fading there. And then if it does make the lower low, then we know. We know it's it's time. Find QQ. Back to alltime highs, baby. It's what you'll finally have. You'll finally get it. All right. Um you swept yesterday's high today on QQQ here. All right. Above 60360, you have 6053. Okay. You have the daily 21 EMA right there. And then above there, uh you really don't have anything until 60977. So, just about 610 and then 61329. We do have Okay, last week's high 61329 above there 61683. Okay, don't expect you to have a 16point move up tomorrow, but we'll see what happens. Uh on the downside, today's low 59913 underneath 59913, we have 59476.

13:54 Okay. And then this just it does not it looks ugly. Okay. It looks like they want to send it down. I just because of what I showed there on SPX and VX like I don't think they're going to send down. I think it's I don't think it's going to be different. Um but hey, it's is what it is if it is. But worst case scenario, they're going to take this and they're going to send it right back up. That's what you're going to get. Um but yeah, downside 59913, 59476, and 58905. Okay. All right. So, those are your indices there, guys. Um, you know, just talking about a few mag seven stocks today. Nvidia with the pump and dump today. All within 30 minutes. All within 20 minutes really. It was four or five minute candles here. Um, five point move

14:41 up. Okay. Almost six there followed by a sevenpoint move down. Uh, they started their GTC conference today, the Nvidia conference there. All right. So that is definitely uh was causing that and that's also what made INTC sell over here. I think INTC gets a gap up. Um I think it's probably going through one of these periods right here where it's going sideways for a few sessions. This is like four or five sessions like you know. Yeah. Coming back over here. Five sessions. We're above the 21. You see how you're rejecting consolidating underneath the 21. Now you're consolidating above it. You know I think solid shot you still get bought up but yeah I don't know. Nvidia kind of just dunked on INTC today. So yeah, you get a gap up tomorrow. I think it's worth just

15:28 kind of just move on. There's other tickers for us to trade for the time being. We'll see if INTC wants to, you know, just say screw this and you know, we could play with smaller size, play for this uh push into 5253. Um if 4883 is taken out, like if it revisited up here, it's probably going to move. That's what I'm getting at. But I don't know if it's it like you know you see it 47475 maybe take it off. Okay. Uh and then see if they get you know for breakout there. We'll see what happens. All right. But they dunked on it today. They definitely did. Now that being said, Nvidia is consolidating right above the 200 daily moving average. Okay. Uh we definitely saw them pump it today. Um I think they're probably going to keep pushing it. All right. If they do make it back up to 18762, I am going

16:15 to assume the next stop is they're bringing it up to 19363. Okay. Uh above this little middle area here. All right. Got like this spot. You go to this spot. That is what we're looking for next. Okay. I guess we'll just mark out today's high 188.88. Take that out. You're moving up. But you know, daily cloud it looks like is you know the moving average they're compressing right now. you're getting ready for a move. It's going to be up or down. If you move down, they bring the daily RSI to 37. I'm going to make a buy. Okay. Um, they break you out, you come up here. All right. And at that point, they might they might get you going for a larger push. Now, I think they push it up because I think SPY moves up. And I think QQ will move up with SPY. I don't

17:01 see a world where Nvidia is not going to be moving up. That's my logic. I know, crazy logic there, but um, that's it. Okay, that's Nvidia there. All right. And then Microsoft, they just want to say, um, long here, risk 394,425. All right. If they give you the 41305 breakout, I think this might be the week they finally start sending it because you already had this little push up. You already pulled back like, you know, who's who's saying we're not in this part of the move right here where we do get up back up to this weekly 21 EMA. Um, if they send Q, I'm assuming Microsoft is going to start going. Okay. INTU is looking pretty good. Some of these software names aren't aren't too shabby still. Uh Microsoft has not moved. All right. So, I'm waiting for the big boy to wake up there. That's Microsoft. Okay. Uh and then let's take

17:48 a look at Meta over here. Right at the bottom of this, you know, flag parallel channel, whatever you want to call this. Okay. Not parallel, but can be a little channel. Regardless, you're at the bottom of it. You're finding buyers. You're probably going to keep it going over the coming sessions here. Um and I don't think things look all too bad. But I think this is getting ready to actually reverse. And I think we're probably seeing like this is the base for either more downside or upside here. We're going to see which way it breaks. It looks like it wants to break up. That's that. Okay. Um upside levels above the 21 EMA, you're probably going to pop it up to 215 to 217 pretty quick. All right. 21 EMA is really just right up near today's high at 213. Okay. Just about 21272. above there you have 21518

18:34 217 220 47 then you have the 200 DMA which I that's why you know I I do think this is going to be retested just from the downside here um whether it gets right back above it or not or rejects it I'm not sure um but that is 15 points higher I'm thinking everything's going to be rallying here that's that you know we could see the compression going on with the daily moving averages it looks like if you get a move back through 217 this cloud is going to flip green and I suspect we're going to go straight to 225. We're going to go to that 200 DMA. So, that's what I'm going to be looking for. And that's that. But it all does revolve around SPY and SPY really getting that move we talked about. So, there's that. Okay. Next one we're talking about is Apple guys also coming

19:21 right into that 200. All right. And if they they get it past here, I mean really last week's high, if they can take that out, u that puts it back above the daily 21 EMA and back above the weekly 21 EMA. And yeah, we'll see if they want to take it right back up. All right, those are the MAG seven stocks we're going to talk about in today's video. All right, and now let's just review some individual tickers that are doing some cool things. So we got MU earnings Wednesday after the close. SNDK here, guys. The last time I had this look on SNDK, um the thing had a 20% day right around the corner. And I'm not saying it has a 20% day, but it's got that look. And if it goes, the thing goes like almost straight to 900 bucks. I'm not saying this going to happen, but

20:06 it's got that look to it. MU earnings is here. I'm pretty sure honestly like, yeah, I think they're going to hype up the whole memory sector over there uh on that earnings call. I don't think it gets any better, you know, no matter what. Like, there's going to be more demand for their product. They're going also, let's talk about this. Why did Nvidia say they're going to have a trillion dollars in revenue? I I'm just saying we might start seeing uh may maybe these guys have all agreed that they're going to start pumping things um you know, during events and on earnings calls. We'll see what happens with MU, but I'm just saying if that goes, SNDK should go. This is the one I would be trading right now. MU, that being said, MU looks like

20:52 it wants to explode. Um, and it either rejects here for the time being and then just kind of eats through supply over the next one, two weeks and works its way up or it's going to be just like the last earnings where the thing I hope the thing falls into it falls these next two days. Probably not. No, MU. um you know but then then it does end up having this you know pretty decent sized gap up there to start the party. Okay. And then has a strong close right at alltime highs and then it starts going and it never looked back from there. All right. You could have bought it the next Monday from that opening price. Look at that. 40 days 64% gain. Okay. That's craziness. Insane. Buy two month out options. You would have caught that. Buy shares. You would have caught that. Um,

21:38 there you go. Uh, I'm not saying the same thing's going to happen, but it has the same look to it. It really does. This thing looks like it wants to explode. And yeah, you know, at the bottom there, every everyone was screaming crash on every single name over here. And all of a sudden, oh, it's back up to highs. I saw contracts go from 300 to 400 pop down here back up to 2400 a pop around the open today. What what craziness? Okay, like real talk. MU pulled out some crazy freaking moves out of his butt uh over the past two weeks here. Nuts move. But uh yeah, SNDK, that's what I'm watching over here as MU sympathy. They got the same exact look. NBIS, guys,

22:23 I'll hit it again. I think I hit it earlier. There we go. That was easy on NBIS here. Okay, a little little freebie there. Just sometimes the market likes to give you money, you take it. Okay, especially in this environment, you take it. Uh you got to be available for it. But you know, sometimes they make it really easy for us. I was looking for 115 to 130 last week. We got 115. We got the 115 sell. I took most off. I only had three contracts coming into today, but I did take everything off for a 250% gain. It was nice. Okay. Okay. And little did I know I would actually get a bigger gain on the April contracts versus the March. Okay. Uh regardless, we got the 15 115 cell. We got the 130. At this point, I'm waiting for that mean reversion and I think it's going to come by next week. Um please do not be

23:10 fomoing in as the thing pushes up to highs. All right. Uh it broke out of consolidation and now it's 20% higher than the top of that consolidation. It's now up pushing 60%. Okay, it's over 50% higher than the bottom of the range. It's now up 80% from the lows over here. I'm just saying there should be mean reversion right around the corner here and we should get a chance to buy the daily 9, the daily 21 EMA. Let's see if we get it either later in this week, which it's probably not going to happen this week. If this thing's really going like I think then it's probably going to keep, you know, just chugging along the next few sessions and we will get that maybe next week, maybe the week after that. We'll see. We're going to just be

23:57 patient on it. There are other names to focus on for the time being. But we caught the initial move up and that was easy. All right, INTC, guys. I'm still going to I'm still keeping a watch here, but you know, I think I'm just going to hop out of everything INTC tomorrow. um if we get a little gap up, you know, I I have a solid feeling that we are just going to kind of see this thing trade flat. So, um I'm going to consider that, but maybe it just shoots right back up and takes out 4883. Okay. And just actually gives us the move that we are looking for. I still got faith and I do think if SPY is going to keep moving up regardless of the catalyst where Nvidia, you know, kind of just they kind of just shout on INTC over here. Okay, they're helping INTC, but at the same time, they

24:43 give him a backhand and slap. That's what went That's what went down today. That's what went down today. All right. Um, you know, because of that, I mean, it kind of it is what it is. We'll see what happens. If this cloud flips red and you take out 4517, then this thing's probably clipped. You don't need to stick around for that. Okay? If it takes out 49 bucks, move to 5460 is still on. And then the move to 60 is on. All right? So, we're going to be here for it. But we'll have to see what happens from here. PLTR guys coiled up in a flag uh right around right around the short-term moving averages. I'm looking for a move up in the short term. Watch for a break over 155.88 above there. We're likely going to take out 16145 and the next stop is going to be 16635.

25:30 That is about a 10 10 to 11 point move that you can catch a 10 to 11 point coming near you. a 10 to 11 point move coming near you. Coming to theaters near you, consolidating around the daily 9 EMA here. It really just looks ready for a pop. So, and putting it back on your radar here. I pointed out when we got this breakout over here, okay, I pointed out we were watching for buys off of the 4hour 9 EMA. We got one, we got two, you got three. All right, and then next step was to test the daily 21 EMA. We just about got it yesterday. By that, I mean Friday. Um, and yeah, I think it's it's ready to go. All right, coin. I think it's still going to stay in consolidation this week and just go next week, but we'll talk about it here. Uh,

26:16 it it might start breaking up. Okay, above 21350. We have 23117. I'm looking for 250 to 260 next week. Next week. Okay. Uh, 20 to 30% move up next week incoming. That is what we are looking for. Okay. off of wherever this week's close is. I'm looking for like a 30% move up. 25 to 30%. That's what we're going to look for. We'll just say it's right off of here. Okay, that's 255. 30% 260 265. All right, but Coin, I like what's going on here. It's looking like it wants to move up. I still think it's going to wait. I hope it waits just like over here. I hope it does. We'll see. All right, Walmart, guys. It's above the daily 21 EMA. the cloud is starting to flip and yeah, you know, coming into the

27:03 week, I did think this was going to be bought. I'm still thinking that is going to be the case and we'll see what happens. Okay, so far you got a break in retest off 12610 going on right now. We'll see if they want to push it up. I still hold the belief if they take out 12875, I think against all odds, they're going to take Walmart to new highs here. All right. Should it be priced this way? No. No, it should not. But I think they're going to do it. be it's been in consolidation for so long coming into the week I was expecting buyers okay if they take out 16628 I'm definitely still expecting buyers to take this thing higher take out 16628 we're talking 17649 and then target becomes 190 plus be lemonade we talked about the breakover 5683 in the weekly update there looked like it was ready to go

27:49 here on the smaller time frames thing definitely did end up going um and yeah it's it's rejecting the 21 and the 200 day today. Got that little move. Just thought I' I'd, you know, provide some commentary on it after the fact. U probably will continue pushing up to 62 bucks. All right. But I don't know if it's there's better names to trade. I just wanted to point out, you know, it did end up getting the breakout and that was the move we were talking about. Now you can leave it alone. Um UUYU right off the 21 EMA. Okay, you can risk 1836 and even at current price, even though you bounced a little bit, it's still only 5% risk. If it works out, you're going to take out 2133. You're going to push the top of this range. See how we just slightly broke down? False breakdown underneath what we have the

28:35 range. If they get back, you know, over 2133, we're going to say, yeah, they're probably taking it to the top of the range, which is 2392, that's 24%. That's a 5:1 riskreward. Now, if it really works out, we're going to go to 2733 and then we get a breakout to 30 bucks. At that point, 5% for 60%. Uh 12:1, baby. There you go. Rocket Lab, one of these days it's not going to reject. I don't know when one of these days is going to actually be, but it's got to do it at some point. Okay, we're going on one, two, three, four, five, six. This is seventh sideways week that we're in this range. Well, I hope it's not going to be seven spent in this this range here, but six weeks going back and forth doing nothing. Um, I'm looking for a breakout.

29:22 74. Nothing changed. We're still looking for it. Cipher, nobody wants to talk about Cipher. I don't want to talk about Cipher, but I think Cipher is getting ready. Uh, NBiz is really moving here. We got Wolf really starting to move. Okay, Wolf looks like it's this a giant launch pad just waiting for this next leg. Um and yeah, most of the price action was contained in a 50% range. Uh we'll call it a fivepoint range. Okay, so over here at 17 bucks. Okay, target is going to be 22 if this thing can break out. Uh that is about a 30% move here on Wolf. Okay, but Cipher, if Wolf is going, NBI is going. You know, we have uh what is it? CRWV over here, I think is H. It's struggling a little bit. It is all right. Got a little move. Okay. But yeah, Envis over here looks to

30:09 be, you know, completely the star of the show. I'm going to say Wolf is number two. And Cipher, once Cipher starts moving and grooving, it climbs the ranks. Okay, this thing, I've been watching this bad boy for so long and it's getting close, guys. It's getting close. This is four to five months of sideways action here on Cipher. We have not gotten some clean moves on Ciphers really since all the way over here. All right. Um, but even though it like even then it it broke down and then it just broke down into consolidation in a very controlled manner. We can see the 200 DMA is right below over there. All right, we're consolid consolidating around the weekly 21. You know, this thing is compressed and it's about to explode up or down. My guess is up because of what we're seeing on MBIS. And I I mean, no matter what,

30:56 we got a break and retest all previous all-time highs. It clear as day looks like it wants to be moving up out of this consolidation. I've just been waiting for it to actually show itself and now it's showing that it I it might be right right about to start. I'm watching for this trend line break. Notice how we have one, we have two, we have three, we have four, we have well ah we can't call it five. We have five touch points. If we count these two at seven touch points, none of them got a daily close outside of the trend line. Give me a daily close above that trend line. We'll call that the trigger. But if you want a level to go off of, it's at 1628. You want the full-on structure break, you're going to wait for the 1796 break and it's probably bringing you back up to alltime highs. Like that is going to be a 40% move there. You could catch a 30 to 40% move if you just wait on this.

31:43 All right, 25 to 40% because you'll get the golden pocket and you could probably take some off here. Maybe it doesn't push straight through. It might though. Um, but yeah, that cipher guys, data center stocks, you know, with Envis leading the way, they're definitely starting to wake up. They are. I got to mention eBay. No one really wants to talk about eBay. Who wants to talk about eBay? But it looks phenomenal. I'm not leaving this guy alone. This This one looks beautiful. And I am cheering so hard for eBay. Okay. Ever since we I I called this one out. I called this one out. I haven't played it, but I have been cheering from the sidelines. And I am probably going to pull the trigger. I really want to trade eBay. Nobody trades eBay. All right. But it's so sexy. It's

32:30 getting ready for a move. I don't know what catalyst eBay's got going on. But I just know it's a slow mover, so there's no reason to play it. But it looks phenomenal. Okay, it looks phenomenal. And we have a range of 25%. 20 points here. You know, that brings us up to 120 plus on the 1015 breakout. I'm watching it. All right. You don't got to trade it. I'm probably not even going to trade it. I just think honorable mention. Every time I look at my watch list, this thing, I think it's so beautiful. Okay, MP looking for a breakout. All right, it's compressed. It's around the 200 here. It's around the daily 21 EMA. Just dancing around. It's compressed. We have a range of about eight points. Break above. Okay, 6390. And I'm looking for a

33:17 move all the way up here to 7293. Bada bing. Bada boom. That's MP. You break 63 6390, you have your range breakout. You're breaking from your consolidation. Okay, you're above the short-term moving averages. That's a plus right there. All right, and more significantly, you're breaking this downtrend line right there. Okay, all forms of resistance, you'd be breaking out of it. That's the significance of you just breaking 6390. Watch for the breakout. Can play that break up to 70 to 73 bucks. There you go. the end of the day, maybe it just goes to the golden pocket, which is 81 to8940. All right, guys. With that being said, I hope you enjoyed today's video. I truly do. Keep in mind, guys, all right, you know damn right who is calling for this

34:03 move up. If we do see some crazy gang buster type of move here by Friday, all right, we see like 690 plus, you know, who was calling it when everyone in their mothers was looking for a larger move down. Um, which you know, I could be wrong. I I could definitely be wrong. I am just going to say, yeah, I I'm going to leave it to the charts, baby. You know, that's that. Going back to 2007, 15 out of 15 times, like those are odds I'd like to take. Going back to 1990, okay, like worst case scenario, like, yeah, worst case scenario, you give it, you know, till the next week and you still get a decent move, okay? And you're at least getting a 2 and a half% move off those. Are we 2 and 1 half% move off those? We're not. All right. We're not We're looking for We're

34:49 looking for this move up, you know, realistically. Yeah. You know, that's odds. That's it. Like I just gave you a stat where there's there's nothing supporting that you're going to be moving down other than QQ looks like QQ looks so weird right now. It like these are all just equal lows sitting down here. Like I know you just keep sweeping them. You swept this low. You swept that low. You swept this low. You did not sweep that. That was the first higher low. If we finally come up and take out the most recent high, we'll have a higher higher low into a higher high. It's crazy stuff. I know that's all the way up at 61329, though. I know this looks iffy, but you can also look back and like, don't buy me a time where this is the start of you actually like an aggressive sell here. Let's be real

35:35 about it. This does not look bad. You're on the monthly 9 EMA. I've seen plenty of bounces off the monthly 90 MA. I'd see plenty of bounces where you are just consolidating around that 90 and then wham, it's the launch pad. Like right here, you go sideways four months, test it two months in a row and you move up. It's the launch pad for the next move right over here. Test it launch pad. It's a flag for the next move. What it looks like to me. Okay, I could be wrong. I I definitely can, but uh yeah, I feel like I got probability on my side. And that's that's really it. Okay, I hope you guys enjoyed today's video. Uh if you want to come trade with me, that link's going to be down below. Uh I'm live every day and uh yeah, you come come trade these markets with us. All right, with that being said, guys, I

36:20 hope everybody has a lovely rest of their evening here. I hope you kill it tomorrow. All right, and I will catch y'all in the next one. Peace.