Foreign. Thank you Foreign. Oh bro Brother oh brother Hola Me: Amigos Uh well have you guys been seen what's going on the market? Not so. Bueno If you have calls as the Magic Eight Ball, the Super Ultra Magic Eight Ball predicted this morning we would not be bouncing back.

We did that around 10 a.m 10 30 and it told us the market would continue to sell off and that's exactly what went down. If you lost money in the bullish direction today, you have no one but to blame but yourself. You have to look yourself in the mirror, you have to look in your reflection and understand that this Super Ultra Magic Eight Ball told you today would be down and as I'm filming this, the Spy is down 1.25 the keys are down 1.2 percent. The only thing that's green on my watch list right now is NVIDIA so you kind of only have yourself to blame as you can see from the title we are going Full Tilt As in the market, we are getting a clear evident breakdown and I'm of the opinion that if we close below these lows and obviously there's still about 25-ish minutes left, but if we put in a close at 4 Pm 4, 15 p.m ET today at the current level I think that's opening the flood gliate down to some clear support levels and I don't think there's going to be much of a bounce back now.

obviously there could be. If you look at the history of the stock market, you're going to know that about with 50 accuracy. We have red days with about 50 accuracy. We have green days and it doesn't ever really too much deviate from that.

but there would have to be some sort of catalyst that gets some enthusiasm back into the market because I want to explain what went down really early this morning and a little bit around noon o'clock of why the market is selling I Want to clarify what happened to the market today, why we're going down? I have some other interesting stories to get into and then I Kind of want to do a chart review because I think one of the biggest things that's missing in terms of financial entertainment education is there's a lot of hindsight bias of like the charts already played out and they're like well, if you went long here, you would have made money. If you went short here, you would have made money, but that's with the gift of knowing how things play out. So of course they're picking examples that are always always perfect to how they want it to go to show off their indicator or their methodology, but it's not real. One of the best things you can do and this is kind of why I'm a big fan of trading views.

They have the replay button where you can kind of delete all the bars that are actually played out to that point and then you get the opportunity to kind of Click for and be like okay here's how I would have handled it XYZ what I've my risk would have been hit would my reward been a hit? so like it's a really useful tool. so I kind of want to run through that and then there's a couple other things that I want to get into today. but hey I hope you made money. I am going to be explaining my own thought process on why pretty much all day today you knew D Maybe you didn't know to be bearish, but you at least knew not to be bullish.

so I'm going to be explaining what I mean by that. basically like even if you were the most hardcore bull I don't think there was ever a real opportunity to go long so you would have been neutral all day and if you were a bearish yeah, you would have made money, but maybe you were chasing on a point here or there. So I'm kind of want to play a little bit of Monday Morning Quarterback and explaining where I thought some good opportunities were where they weren't that type of a deal. but I hope you had a good day I hope everyone made a bunch of money and I have a hypothetical question for you? A hypothetical question.

So I don't want anyone to like really read into this one too too much. but have you guys ever been in a situation where you get up super super early and you have to fly across the country just to rush to your morning job and then you complete your job Once again, this is hypothetical. Obviously, names and events in this particular story are completely made up, so please don't read into it. But anyway, you fly across the country, rush to your job, do your job right.

After your job, you're extraordinarily tired, so you take a nap and then when you wake up from that said nap, you yourself. how's that ever happened to like in once again this is like this is this is hypothetical obviously for sure. Um I'm just it's I it's it's a weird so you know sometimes I just make up stories here and like I ask you guys about it I'm like it's like a joke, like it's all. it's all just a yeah Me either.

Me: no, it has hasn't happened to me, that's for sure. Um, but you know what is out is the S P 500 currently down 1.17 just tagging a little 440 to 43. once again, I'm seeing the comments come across. it was hypothetical I Want I said that during the story like I think a lot of you are trying to make certain jumps that are arguably inappropriate because I told you and you might be looking at it.

but Matt that's a slightly different shirt from when you started today, suggesting that you took a shower midday. Don't look into that. Sherlock Holmes Uh, that is. but I I Took a shower because I was on a plane this morning and I didn't want plain germs on me I wasn't forced into the shower because I had an accident at the age of 29.

All right Detective. let's see, remember you are innocent till proven guilty and I am a known Entertainer as an eye makeup. Dramatic stories: I'm I make them up. They're fictitious out of thin air.

so everyone, let's just pump the brakes. We have some things to talk about. we clearly have some things to talk about and I think this is the first thing we need to get into. If you guys haven't been paying attention to everything going on in the world, there's a serious amount of inflation and there's a couple residents of this great country who have simply had too much what up.

Council my name is Chad Kroger Let me just get straight to it. Inflation is out of control. Hell yeah! I Just got back from a boys trip to Vegas Shout out to Bong we're celebrating his incoming reptiles. Uh, and while we were there, we loaded up on fat bottles of Tito's bong.

Crowd served and Danny had a deep conversation with one of the bottle girls about the state of masculinity. Anyways, we're finishing up the night. then we get the bill back. I'm not jonesing you dudes.

Each bottle cost 800 bones I Can remember just a month ago when a bottle of Tito's cost 30 bucks. This war in Russia is killing us now. Inflation has affected us so hard that to call my dad to afford an epic night with the fellas. and now I Want to know when do we stomp our vans down and say nah? Inflation is so rampant that is stifled one of our most basic rights like bottle service at affordable prices.

So that's why I'm hereby requesting that the city of Los Angeles put a governor lock on inflation by keeping high-end booze affordable now more than ever. The world is so topsy-turvy All right, All right, I'm so sick of inflation I'm so sick of inflation it makes me want to stomp my Vans down. I'm not the only one having a tough time with inflation though. Alabama Prison guard jailed and fired after stealing Pokemon cards from a Walmart You know at one point in the world history, if you were a robber, he's still gold, You stole diamonds, you stoled, you stole Priceless pieces of art.

But now if you're gonna steal anything, you might as well steal the hottest commodity. And I'm not talking about Nfts. I'm talking about something a little bit better. I'm talking about good old Pokemon cards so inflatious hitting everyone, even the people who are supposed to be in the security of our world's prisoners.

So and I don't want to be that guy. Remember, don't shoot the messenger. But today I Have to be the bearer of bad news. Things are getting a bit worse.

You might be asking yourself, why in the world did the market get hit in the nuts act today Dow Falls Nearly 300 points as banking sector concerns weak China Dater overhang Folks, it was not made better by some of our Fed members specifically: Kashkari Regional Banks slide after feds Kashkari Advocates significantly further Capital Regulation: So you're thinking to yourself, okay, we've been battling inflation. We know what's going on with regional Banks we're getting weak numbers out of China There's no way it got worse. Oh yeah, no, no 100 did. Fitch Warns: it may be forced to downgrade dozens of banks, including JP Morgan Chase And that's notable because it's literally the biggest bank in the entire world fits ratings cut its assessment of the banking industry's Health in June a move that analyst Chris Wolf said went largely unnoticed because it didn't trigger downgrades on banks.

So the argument here is: if you have a large Bank operating in an economy that doesn't have the maximum credit worthiness like the Triple A rating, if it gets downgraded to double A minus Well, inherently, that means that the largest bank itself can't have that maximum rating. But another one notch downgrade of the industry score from double A minus to a plus would force Fitch to reevaluate ratings on each of more than 70 U.S Banks that covers. So in this situation we have weak numbers coming out of China the consumer over there very very weak within the Us. Obviously, we've been battling inflation.

We know what? Recently a couple months ago went on with regional Banks where we had some of the biggest blow-ups in U.S history. And then all of a sudden you add in the downgrade of moodies of the U.S credit worthiness as like the government, not an individual in bank. And then that rolls into this situation where Fitch is saying uh oh, we might have to downgrade some of the biggest banks. It's just a really, really bad mixer right now.

So when all this was coming on and it all kind of came in together because obviously when it rains, it pours, That's exactly why you get a day that looks like today when the market just got absolutely rocked, We had a bit of a recovery yesterday Monday August 14th. but today Tuesday we made a fresh low. In fact, we haven't been at this level since mid-july So basically we're giving back A month's worth of action if you're asking me. And hey, I don't have a crystal ball.

My crystal ball is out being repaired right now. so this is just one man's opinion 50 of the time. I'm right 100 of the time if we don't quickly recover. Above This Level: the next major zone of report is going to be just below 440 as we're trading at 442.43 So that's what I'll be looking for.

But yes, we broke the start of the week's low Monday we broke last week's low the low from Friday and I'm not seeing any buyers step in right now. You could argue from an economic standpoint, there's good reason for it. Once again, weak. I Guess inflationary impact or weakness across the board because of inflationary impact in the U.S Similar situation in China and right now, the newest way that it's showcasing itself is the fact that we're seeing downgrade.

We did see a major one from Moody's and we now might be seeing additional ones from Fitch And the Fomc members or Fed members are not making this situation better whatsoever. So that's the situation for right now. Obviously, in the very short term, I'm looking for the Bears to finally have a little bit of a win here because the Bulls have been winning for March I'm not calling for doomsday I Think it's silly to call for doomsday, but right now it's hard to really be a bullet in the short term. If you're a swing Trader or a day trader, be careful catching a knife because that's a perfect way to get stabbed.

Moving on, retail sales increased 0.7 in July Better than expected. As consumer spending is holding up, you might be thinking but Matt you just talked about stuff and that that sounds good and it might sound good, but remember, we're in that IPS upside down world I Don't know how many of you have seen stranger things. probably most of you because it seems like everyone in the world has seen stranger things I Think it's the second most popular show on Netflix Like ever. Oddly enough, it's behind Wednesday now I Don't want to like go too off down this path here.

but do you guys really think that Wednesday deserves to be the most popular show ever on Netflix Like it, no hate on Wednesday I Watched it I enjoyed it. but do you really think it's the best thing that Netflix has ever made? It's the most popular. Isn't that weird? Wednesday what? Wednesday and great acting. great show I enjoyed it I Think people should watch it, but I also I guess on that note, I Don't think that stranger Things was necessarily like the one of the best things ever made by Netflix either.

Anyway, we don't need to fight about that, but retail sales coming in strong economic time. But remember, we're fighting inflation. So because of our current stance on monetary policy, a strong economic sign means that the FED has to be more aggressive. and if the Fed's more aggressive, that puts downward pressure on the stock market.

So that's why we're seeing good economic signs, pushing the market down In bad economic signs and developments pushing the market up. But even with that being said, I Personally am of the opinion that we're done with the rate hike cycle I am Now you might be thinking, but Matt Why does your opinion matter more than someone else's It doesn't I'm just a person who went out of my way to buy a camera, hook it up to my computer, and hit Go Live. That's the only difference in here. There's probably statistically probably half of you in here know more about the market and the economy, and have a better quote-unquote gut feeling than I do.

If there were a bell curve, I'd be on the top of the bell curve. So just because I went out of my way to buy a camera, hook it to my computer and hit Go Live, that doesn't mean that I know more about it than you guys do I'm just sharing my opinion I might be right I might be wrong. It happens with about a 50 accuracy. Also, on that note, I just need you to know.

So it was expected to come in at point four. This is for retail sales. Month of a month came in at 0.7 but core retail sales they were expecting a drop of 0.3 and actually came in at one. So that was a bit of a bullish surprise in terms of where they were expecting it, but then it had a bearish effect on the market.

Also, when you include what's going on with the fit ratings, what you include with the Chinese Update: Not a good situation for the market. Now tomorrow we will be getting the Fomc meeting minutes at 2PM Historically, this doesn't really matter for the market, and then about a year ago it started to really matter and more recently, it seems to be having even less of an impact once again. So I just want to put that out there. But anyway, Fomc Meeting Minute: So this is not an Fomc meeting.

these are the meeting minutes from the last meeting of Late July So it's not like there's a whole new Fomc decision just so everyone knows. and then the next thing we need to know is for Friday Uh, 5 a.m So I hope you guys are getting up early I will not be. but I hope you guys are just to pay attention because you're degenerate. Traders We're going to get the CPI the inflation report from the Eurozone So once again, uh CPI report not for the Us, but for the Euro zone.

Now there's a couple things I want to dive into I guess quickly before I get too far off. uh tomorrow Wednesday August 16th. The seasonality strongly favors the bulls. The bulls have won this day 68 of the time, better than two-thirds of the time Over the past 25 years the Bulls have won this day.

That's not every single one, but they have one, and when they lose, it's not that kind considerable. So if you were to exclusively trade this day and that's all you did all year you bought at the open sold that clothes, you would be. especially if you did in the Futures Market you'd be up about six grand. That's a smart move.

that doesn't mean you win every single time, but you would win. And then I want you to know that's for Wednesday and then Thursday Friday They both favor the bear. so I just want you to know this seasonality. I'm not guaranteeing anything.

In fact, I'm giving you the odds right now. But if you want this for free Macquares.locals.com it's in the description of the video and if you're watching on Rumble there's a giant red button that says join Locals you can get this for free F-r-e-e It's a simple three to five levers. Some people spell it with four letters. it's up to you, but you could get it for free Macross.locals.com On that note, I do want to switch it up to what's going on with Hollywood and the strike and just a couple of thoughts and opinions.

I Have it. but let's watch this video. I Want to start off here uh with some news that came out this week about some of the exemptions or interim agreements if you will that have allowed certain type types of Productions in Hollywood to continue and I'm wondering if you can shed some light on to why uh, this is being allowed? Sure, and and thanks for asking that question I mean because one of the things that's really important for us is people understand these are not really exemptions. they're not waivers.

This is an interim agreement. It's the full agreement that we would have signed with the Amptp companies on July 12th and the last day of negotiations. It contains every single provision that we are looking to achieve in these negotiations and we have hundreds and hundreds of Independent Producers Who say these terms of this agreement are reasonable? They are realistic. We would love to sign the terms of this agreement and get to work producing content with your members.

And so that's what our negotiating committee has decided to do. Which is to say for companies who aren't part of this bargaining group, for companies who don't have a seat at the table, but who are willing to accept these terms that we can go forward and we can work with them. but it's not a waiver because they are agreeing to every single term that's in that agreement. We would have signed it with the Amptp on July 12th and frankly, they should have signed it with us on July 12th and we wouldn't have had this strike.

All right. I Appreciate that clarification there. Of course We bring you on this week where the writers strike us hit the 100 day Mark a couple days ago and we reported earlier today that there was at least some degree of discussion, some degree of negotiation I should say uh with some sort of offer on the table. We don't have the details and there might be some time before we know whether anything has been agreed to, but I am curious that when you look at what you're asking for what the Studios have said in response here, do you anticipate that at any time soon we could actually see everyone in the room together really talking about details? or are we just not there? I mean I Certainly hope so.

Um, the writers are meeting with the Amptv today. In fact, that meeting may be happening right now as a matter of fact, and I hope that it will turn out better than their meeting of Last Friday I Think the fact that that's happening is encouraging? We haven't received Outreach from the Amptp yet, but I have heard that the CEOs are talking amongst themselves about how to move forward and how to get past some of the stumbling blocks in this negotiation, and as far as I'm concerned this you know this: Strike should come to a close as soon as possible and what we need is for the companies to come back to the table so that I'm talking to the writer's Guild is great. I'm looking forward to them talking to us and that's all Finding this path forward so that we can bring the strike to an end, bring the strike to an end and talk a little bit about some of your members and what this summer has been like for them. Once again, there's two distinct strikes going on right now in acting strike and a riding strike.

Two distinct strikes, but they're kind of being paired together. It's been really, really hard, not just for our members, but for Writers Guild members and for other union workers and other workers throughout Hollywood who've been impacted uh, by the by the strikes. But the reality is, all of our members know that they are fighting for something that is existential for them. This is about the future of being able to be an actor in this industry.

It's about making sure AI doesn't take away their jobs. It's about making sure that they're not making less money now than they made three years ago. These are fights that have to happen and they're going on all throughout our country. So it has been hard.

It has been hard I have to ask you Duncan though too. I mean you know we were talking earlier when Disney came out with their results and I I'm sure as you saw I mean there was a certain degree of profitability there that was directly attributable attributable to the strike itself. The idea that that added cost isn't there at least for right now. and I know that's kind of short term, but when you get into this whole idea here of sharing profits, sharing the riches here, I'm just curious.

Like how does it make you feel when you see those types of reports? yeah, I mean I Know it's disheartening because what they're talking about is the money they're saving by not paying our members and other workers in the industry that'll cash their saving. But in the long run, they're also not creating new content. They're not doing what their job is, which is to create stuff for the public to consume so it'll have a long-term impact, even if it has a short-term perceived gain. And the reality is, it doesn't affect our members because we are fighting for a long term for the careers of these members.

and that's not a short-term issue. So I felt at this point the fact that it's still going on uh, I kind of looked a bit more into it just so it could be a bit more. I suppose informed and like I said, this is a dual strike that's going on and especially on the acting side of it and really the writing side too. There seems to be two major arguments.

Number one is it has to do with the residuals paid for streaming. So if you are an actor and whatever movies and stuff that used to be on like syndicated TV cable TV the residuals. Okay I To my understanding, a lot of people within the community were okay with it re the residuals because of like the legal definition of what it fell under for streaming services is far far lower. So part of the argument, at least to the best of my knowledge, seems to be like hey, let's look at residuals and make sure that they're kind of the same right now because a lot of people are watching streaming and not really watching cable anymore.

That's one. The other part seems to be a lot with kind of using Ai and AI likeness. So like people were potentially in contracts, it's almost like that Black Mirror episode where they're in contracts that they're like oh okay, I didn't know I signed that away and then all of a sudden if they have your likeness, they can generate you doing like 10 movies and you have to do anything. and I I think it has a lot to do with like the power of AI the intersection with acting and writing.

And all of a sudden if they're using AI models on your writing on your acting, well, do you get a part of it? Are you like? Do we need agents who argue just for that? Even if you want to give away your likeness, what's that worse? So like it becomes a kind of a difficult argument. But really I would think the best way to summarize it is a lot of the agreements, rules and laws and practices within. Hollywood The writing and the acting were all created and developed in a time where our technology is not at the current level. And I'm not just talking about a better camera I'm talking about AI which truly could be a game changer.

So I think looking into it some of the points that are being argued: I Don't think one side is 100 right and a lot of times that's what happens when you have a strike. When you have unions, you end up meeting somewhere in the middle. Uh, it's going to be interesting the longer it goes on. Obviously, I would assume that there's going to be adverse impacts on streaming services, but Hollywood in general I mean we're seeing I mean the estimation is that it's already cost the Hollywood area millions and millions and millions of dollars just because things aren't being produced, they're not being marketed.

So right now it's a hit and the longer it goes on, there's going to continue to be a hit. So I hope for both sides involved, whether you're invested in the company or if you just enjoy movies or shows or if you are a writer or an actor. I Obviously wanted to all just be resolved quickly and for everyone to be happy, but just wanted to share that because not only from our entertainment standpoint I know you guys enjoy watching me and hanging out with me. but I'm sure you get tired of my entertainment and you probably want higher quality stuff, especially when this show is over.

So I'm hoping that it comes back just for people to get once again employed because it's always better for the economy when you have more people who are going to be employed. Obviously that's a good thing, but just there is moral aspects to this too that. I think it's fair for the writers and the actors to be like okay, like maybe we need to come to a better understanding here just so the corporations aren't like reaping the entire windfall of the situation. So just wanted to give that update of everything going on.

uh in Hollywood and we don't have the most time I Just I think this is so funny. This has nothing to do with really anything in the markets, but have oh I should probably spell his name right? Dylan Danis? What? Wait, how what's this? How do you spell Dylan Danis? Which one's Dylan Dance? Have you guys seen what's going on with Dylan Danis and Logan Paul So Dylan Danis has taken it upon himself over the past whatever day or two days to just post photos of Logan Paul's fiance with all the other dudes she's been with in the history of the dudes that she's been been with. and it is the most sad. How do you spell Dylan Danis? is it did I just get the wrong Dylan Is it d-y-l-a-n or something? Uh, why is Dylan Dan it's not coming up for me I Just want Dennis Dylan why is it just not? Oh there.

oh I was spelling it wrong. Anyway, if you look at what he's been doing recently, he's like just all these different guys and then Logan Paul like so they're fighting. that's why Dylan Dennis and Logan Paul are even in this because I believe they're having a boxing match but he took it upon himself. which I think you have to appreciate how Savage of a move this is how Savage of a move it is to just post some dude's fiance with every other dude she's ever been with.

and also then he got a community noted a couple times. uh dude like ah this is just so it's so hardcore. but then he was talking about how Logan Paul's and paid people back for a scam and then everyone's like Dylan you did the exact same thing and coffee Zilla called you both out like it just keeps going man look at the stream it like the stream of photos. man it's so anyway nothing nothing in particular.

uh I just thought it was funny. It made me chuckle today I wanted to share it with all of you and I wanted you guys dude I thought my thumbnail guy was a good photoshopper. this is wild dude. it just keeps going.

How many dudes was this lady with? All right, Well that probably should have scrolled that far. Anywho, uh, where were we at? oh I Want to talk about the market? So anyway, from a daily perspective, even if okay, if we didn't know about today, let's pretend you're looking at just the development from yesterday. All right, this can make you feel bullish. It looks like we have a bit of a valley.

If you look at Friday the 11th on the left, on the right side. the highs are higher and the lows are higher. This could be a potential Valley Setup Okay, realistic. So you're looking for a bullish opportunity today.

I Get that you're looking for a bullish opportunity. Well, did you ever really see a bullish opportunity I Would argue No. So even if you came in today looking to be a bull, I would argue that you never had an opportunity. And the reason is twofold.

Number one: the market internals of the New York Stock Exchange were read the entire day, they never gave you a bull opportunity. Number two, and arguably more important, the EMAs were not only pointing down, but they were red all day. They never went green on any considerable time frame. So even if you came in and you're like I'm only taking bullish positions, you basically would have never had an opportunity to go bullish.

Let's say, you were bearish coming in today. For whatever reason, let's talk about how this might have been played. So the way I look at the markets All right. I Don't want to play too early.

It ends up selling off. So yeah, maybe you play this breakdown if you're chasing it at 10 A.M Okay, maybe I had a little scalp trade there myself I think I just made like a simple like hundred dollars or something like that. The next one is you're waiting for a pullback and a potential breakdown, which is this candle right here at 11 20.. Now the very next candle we actually ended up breaking out be above the previous two highs, so you might have got stomped out.

Even if you got in at 444.63 you might be out at 4 45 or if you're using some like a larger time frame EMA You could use that as your risk. so it depends on how tight or loose you are with your risk. and uh, the same kind of similar argument is here. It went up and then finally came down, and eventually you might have made your money, but it just kind of depends on your wrist.

Now once again, if you want to size down, that allows you, It affords you the opportunity to risk less. which is kind of why. I Like the concept of sizing down. so even if you play this breakdown now for the next hour, it might have sucked, but eventually it ended up going your way.

And then of course, even if you're stomped out, you did have an opportunity to re-enter here at noon o'clock if you missed that one, it came down push back up. You had an opportunity to re-enter short here at 11 30. Even if you missed this, it punched up and then as soon as it breaks down here at 1 30, you have another opportunity. and then once again, even if you miss it and you're trading at the end of the day, you wait for it to come back up.

This important note right here at Uh 220 I wouldn't have taken that one because we didn't really come back up too much into the EMA cloud like I would want a stronger push and that eventually ended up having at 220. And then we got the breakdown here at looks like two or excuse me, 240 and then you have the breakdown at 250 and that one actually paid off pretty nicely. So I just wanted to go through that to better clarify. even if you were bullish didn't coming into the day, you basically would have never had an opportunity to go along anyway.

at least the way I look at the market and then if you were bearish. Yeah, okay. A bit of a chasing one. a bit of a sketchy entry here at 11 20 that it worked out in all reality I might have even gotten stomped out on that one just because like I maybe I don't want to take on that much of risk even if you're short here at 444 63 to risk 445 51 it's about a buck, which once again it comes back to your own sizing.

But from there on out, you had an entry here, you had an entry at 11 50, you had an entry at 12 30, you had an entry at 130, you had an entry at 250 and all of those ended up paying off. So even if you got stomped out on one, the next three trades would have definitely made you profitable on the day. So I think with that just kind of talking about it and trying to be a little bit more systematic of like Okay, here's reasoning to get in. Here's your risk.

Okay, it might get hit, but also on the flip side if you come to reward, we could talk about that a different day of ideas of like how to scale out whether it's with ATR um a time-based one. There's various exit strategies, but for this one I Wanted to get into how you saved yourself from not being a bull today and then potential entries and then for another one we can get a little bit more specific into exits. so the Bell has gone dingy ding ding ding Today the market was down 1.16 the cues were down just over one percent The Only green thing on my watch list today was Nvidia which is up point four percent. So overall a bearish day if you look at the close.

we did actually close below this gap on Tuesday July 11th this High we closed below the low of the past two trading days. This is a bullish setup or excuse me, a bearish setup. I Know this seasonality for tomorrow is bullish. so we have two things that are kind of counteractive.

so uh yeah, both are going to be in the back of my mind even with seasonality being bullish. Tomorrow Based on the current charting setup, I would be leaning bearish and I'm watching this region closer to 438 not necessarily for tomorrow, but that would be like the next major support. I'll be watching now. Obviously if we recapture 444, that gets interesting and if it pushes above 447, well, then I would actually argue that this is a fake out breakdown and I would actually be very bullish then.

So I wouldn't be married to either side I wouldn't be like nope. I am a Perma Bull In my day trading swing trading for investing. it makes sense to be bullish, but I would never be married in the short term to like it has to be bullish. It has to be bearish.

Let the price action tell you what's up. None of us. unless there's secret billionaires in here trading. Even then, it depends on what you're trading in, the liquidity of it.

We're just going for the ride. We're not going to influence the ride, we're just trying to see if we can catch whatever the current trend is. So with that I Just wanted to share some thoughts and opinions I also want to share the thoughts and opinions of the video I Just posted that it seems like a lot of you like pinned to the top of chat in the description of the video it's on both Rumble and YouTube Stop trading options immediately and I explain something that's better than trading options and I give my reasoning so I would love your thoughts on it pinned to the top of chat in the description of the video it is on YouTube it is on Rumble so check that out and then. other than that, that's pretty much what I have for you today.

I Will be streaming once again tomorrow morning 9 A.M Bright and early I Hope to catch you there, but between now and then we will be posting some additional content just in case you want a little bit of some interesting insight to what's going on in the world of stocks. So look for a piece of content tonight. look for another stream tomorrow morning 9am right near early. With that being said, I Appreciate you tuning in to the Matt core show I Appreciate all your good vibes I Hope you made some money I Hope you have a great evening that you can spend with some friends, family, loved ones and if you don't like any of those people I Hope you get to enjoy by yourself.

That's what I have for you. Thanks for everything I'll catch you later Peace out Girl Scout! Thank you thank you.