NVDA BEATS, MARKET EXPLODES
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- čas přidán 2. 06. 2024
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Monologue 0:00
SPX 6:52
NDX 10:10
US EQUITIES 13:55
BTC 17:08
ALTCOINS 20:11
GLOBAL EQUITIES 22:00
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Awesome Intro thanks to The Grim Hustle! Check them out!
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Thanks for Grim Hustle intro, thanks to this I found that amazing channel. Regards!
Great group of guys over there. Thanks for watching,
That intro!! Chilling brrr 🥶 chilling
Thanks for watching man, glad you liked it. Have an excellent weekend
Best intro, my FRIEND❤💪👊
Hey MV thanks for watching!
@@MarketMakersOfficial never miss an update from You! Sometimes even watch 2-3 times😅
Thank you Sir
Hey thanks for watching!
I shouldn't have tried to get cute and trade this potential pullback and just waited for april where there is a guarantee
Thank you... I love your program.
Hey Pop, thanks for watching bro
Thanks for what you do!
Thanks Mr T!
What an intro! Great channel man
Hey thanks for watching! Glad you liked it, have an excellent weekend
Best intro I have ever seen thanks for the video and your effort!!
Hey Jens thanks my man
Thx!!
Thanks for watching Adam!
Guys a perma bear.. been saying a crash is coming forever.. still waiting
Great content have a wonderfull weekend
Thank you! You too!
Cool intro.
5:31 I saw that show on rebel Capital is with George gammon Good one
Yeah George does good work my man
Yeah ! Sheeeet !
whaaaaaaaaaaat a INTRO !!!!
Hey thanks for watching!
great info bro was in your discord s few years ago when I first heard of prop firms and started learning smc tbh all the tech talk was like chines but now ive a better grasp on it your stuff is way better than most of the garbage that's out there. And I resonate with the natural law correlations as well as fading the mass sentiment God bless you brother
Hey, thanks for the kind words, and I appreciate you watching. Yeah, it's amazing how time passes man, and I think it's awesome that you have a deeper understanding now and find the TA useful. Have an excellent weekend, my friend
Cashin in late May
Did you mention in a previous video that markets will drop on the summer solstice which is after the btc halving? Thamks Brendan
Hey boss, yeah I think we do the same pattern we have the last 4 yrs including Y2K. Make a top here soon-ish, pull back into March, launch up for ATH late March into April. I think the movements will stay the same, regardless if they take a longer to play out. I do think after that peak is the selling through the summer - I personally don't see how BTC decouple as it has never shown it has, so if we get that massive summer selling, I would anticipate BTC selling off as well.
You keep saying there will be a 8-10% correct yet the market continues move up! By the time you are right and the 8-10% correction starts the Market have already moved up 10%. Net is NO correction at all!
Hi Abby, yes that's what I think. SPX will move to 4600 after it tops, then rebounds and pushes to a final blow off top. And relax, the market is up $33 from where it topped at 5067. That's what happens when one stock was responsible for 28% of the gains today - which is why we covered NVDA on Monday, I specifically said these would be the outcome of blockbuster numbers from NVDA.
Where’s that 10% correction we were supposed to get at the end of last week beginning into this?
Do you watch the videos? This is a topping process. Literally told you in detail on Monday if NVDA had blockbuster numbers you would retest the highs. Still going to top and pull back. Then launch to new ATH - that's what I see playing out based on last 4yrs and Y2K fractal.
Also, your comment, isn't accurate - I never said you are getting a 10% sell off in a week time frame. I said we are looking for a top and beginning of selling.
It's after we pump to 55K
You always have the best intros. Thank you my friend.
Hey thanks for watching! Have an excellent weekend
To be exact I was referring to your projection of the DOW. It will collapse after a weak bounce.
I gave upside targets which is a day or twos worth of movement based on ATR so to me that's weak. So we aren't in disagreement.
Stomped on it again today for the Big Short bye bye Bulls
Can't have fundamentals without fun 🎉
Lol
BRATAN ❤✊
Best intro so far for me !!! 🤘🦾
Hey Robert thanks man. Have an excellent weekend
hey man, can you talk about the fractal and what structure you are relating it to and what you meant by 'breaks fractal? wouldn't the fractal indicate an analogous move of some sort? thanks in advance.
Hi Wirmer, I'm going to make a video on fractals soon. Fractals are self repeating patterns. It's Fractal Mathmatics. Benoit Mandlebrot is the Godfather of fractals. He discovered repeating patterns throughout nature - whereas Fibonacci is a measure of proportionality, also found throughout nature.
A fractal, transitioned to markets, is a pattern that repeats. Such as a 20% wave move.
This also applies to fractals forming a range, a 5 candle fractals is the middle candle being the high or the low. This is a method of trading Bill Williams developed. He wrote Trading Chaos. He also designed the MFI I use on all my charts, he was one of my trading mentors. Writing this out doesn't make sense, but if you Google 5 candle fractal you will see examples. Also, when I make the video you may find it very useful.
Grim Hustle
Yeah man good guys over there
sp500 going to 6k measured move of the monthly cup and handle and golden pocket on logarithmic
Hello, thanks for watching- that's an interesting take, that would require a massive wave up off the October low without any retracement. I don't see that as likely. I see new ATH higher up but after our normal 8-10% retracement.
Yep thats been on my radar since late October of last year. Easy trend based fib extension from start of bullrun in October 2022 to blow off top of summer of 2023 , October 2023 pullback and next blow off top scheduled for a 6000 run up. But it won't happen soon it'll take time. We're in a bull market there will be small pullbacks but we will get to 6000.
Just a few more weeks til the bitcoin halving. Crypto has already exploded . Just to think it's going to go even higher is nuts
Epic Intro 😯😯😒😒
Glad you liked it and thanks for watching man
All Hail Lord of Rants, First of his Name
King Brendan of Florida ❤🎉😊😅
Lol Authentic Florida Man. Have an excellent weekend bro!
Always great analysis and video. Keep up the great work. I am trying to learn patience. lol Full moon on 24th of Feb., so maybe turn on Fri or Mon.
Hello, thanks for watching! Patience is the most difficult thing for me too. Cycles take time to play out. Have an excellent weekend!
I wasn't trading in the great recession but got a taste during 2020. I think this is the year we easily see a 30% crash.
Yeah, I think we have steps to play out first. Finishing topping, correct, blow off top then final sell off. A black swan can happen anytime - bank failures, Biden rising from dead, war. Many risks to downside. Have a great weekend Mark!
Best intro ever. Link please
Hey Lee, this is Grim Hustle. You can search them on YT and give them a follow. Great group of guys. Thanks for watching
Does the fact that it’s a leap year 2024 affect your Cycle/TA?
Great question and I would say no. Bc the seasonal topping and sell off varies between early February and late February, to literally the last day before a top, but the last 4yrs in a row, going back to 2020, and same in Y2K all varied as to when in February. Last week and a half or so going into March is weakest seasonal time of year. I don't think leap year affects it. NVDA was 28% of all gains today in market - one single stock, which is why we spent so much time discussing it on Monday, had they had poor numbers we would be looking at a 2-3% down day and a rapid sell off. So I think this just prolongs the inevitable, a strong correction then move to new ATH. Bc that's been the trajectory all 4 years in a row, strong sell off, bounce up to take the high in late March or into April. Even in 2022. And just like in Y2k it's a new ATH. Have an excellent weekend!
February is closing in...we still gonna have that market sell off ?
Yes, we are in a topping process, discussed in video. I warned everyone on Mondays video if NVDA has blowout numbers market would rally. Last 4yrs it started in mid to late February and sold off into March then pushed back up. If it takes more time it takes more time. It's a cyclical pattern that repeats over and over
Do you do any FA? Or just mostly TA?
My YT is my video blog for my trading and investing - it's my market views and I share what I am trading and what I am investing in as well as my forecast.
I don't offer direct FA to individuals, only my personal thoughts for education and entertainment. Thanks for watching!
@@MarketMakersOfficial yeah I kinda picked up on that I meant do you look at the fundamentals of a company or just look at their charts?
@jxbx9074 investing fundamentals come into play, psychology, such as fomo and fear and greed is much more important to use when it comes to trading in confluence with TA. Great example is AMD. The fundamentals don't mean shit - it's trading at 1,000 PE. Pure FOMO of AI bubble. Have a great weekend man
Awesome man i follow better now that you put it that way, thanks for getting back to me, great videos I will continue to watch. Thanks same to you!
👍
Have a great weekend BK
Once Btc hits 55-57k, can you see more than a 17% correction? Thank u for the info bro
Hello, I trade based off Fibs and fractals - fractals are repeating patterns in the market. I am expecting an 8-10% correction in SPX to 4600 then based on the last 4 yrs and Y2K fractal, a push to new ATH to 5300-5400.
What this means for BTC - right now BTC is consolidating in a super tight range, we longed BTC on October 23 for a 55% winner. Then shorted it this year for a 21% drop. I shared those trades on YT.
Since the markets made new ATH after NVDA reported, I think bias is for BTC to surge to 55-57k then top, then correct with markets before pushing back up to challenge/make new ATH. Based on Fibs, after we top, I'm looking for BTC low to mid 30s, then pushing up to 60k+
The equities are in a topping process and based on previous cycles, should begin to correct in the next week or so. BTC will follow. Then the push for new ATHs will be in late March into April. After the new ATH in April I am expecting selling over the summer. Thanks for watching!
@@MarketMakersOfficial thank you man appreciate it. Mid 30k btc sounds amazing. Ur expecting that right before the halving? April 9th we have the longest solar eclipse in many years
@official_iamtheone5112 ahh you have been watching! I haven't talked solar cycle since I made the special video on it in January. Give that a watch too you will see the thumb for it.
Yeah April 8th is Total Solar Eclispe and last total solar eclipse for USA until 2045. This is also the year for Solar maximum and in the special video I made, the solar max cycle produced massive market tops followed by market selloffs in previous bubbles including Y2k.
So yes, looking for a top around the major event in April then massive sell off into summer.
Correction cancelled?
No, if you watched Mondays video I told everyone this could happen with NVDA. Just prolongs the top building but we will still correct then push back up to new ATH.
Last month, you said Feb wd be -10% (which u r still expecting) but Feb is UP, & the 10% correction started to form a couple days ago but with NVDA's report ihas been stopped dead and there is 1 week left in Feb! Anyone who bought a PUT end of Jan is in the red. Another channel i follow said the rally wd last till Mar 1-4, then DROP. Eventually, yes, it has too (if only bcz profit taking) but he predicts much more DIRE outlook into the summer. Still love yr channel with the solar cycles overlay. But it didnt seem to do what the charts said wd happen?? Weird
We are going to top and correct 8-10%. Over the last 4 yrs the topping process occurred mid to late February. There isn't a specific day the top happens. If it pushes into March it pushes into March. It's a process and markets are dynamic. New information can change timing. Monday I literally said very thoroughly, if NVDA earnings are blockbuster, markets will retest the highs. If NVDA shit the bed, we would be down across the board. NVDA rocked it, markets will top slightly higher up, doesn't change the cycle. Still going to top and drop and bottom and push up to new ATH then sell off to the summer - based on previous fractals I shared here on YT
I don't trade options, I trade futures. My shorts which I posted on Discord were verry profitable trades for me and now I'm looking for my next trades.
This is building up for the perfect bull trap. Maybe tomorrow maybe next week lot of investors will take profits and market was just holding up until Nvidia earning. We are typically bar around this time, and since most bears gave up and now they’re gonna be on the bull train This is the perfect time for a rug pull.
Hey thanks for watching, yeah I agree. It's an emotional fomo rally. It will top and pull back.
@@MarketMakersOfficial the multi million dollar question is when.
Not yet, I work in a grocery store and when we start talking about the market shit will hit the fan lol psychology says up more before down
@hasnoorrahman9772 multi trillion really. I think k it's getting close. Seasonally, it fades late February into March then gets bought up for next salvo. I still think we get 8-10% correction and end up around 4600. It's just a question of timing
@dougie2866 Could be Dougie. NVDA today was responsible for 28% of the rally. The other stocks just get bought by algos, but just NVDA was almost 33% of all points gained. That's a thin rally and market
Great TA, as ever dude. Question: Do you not believe we are at the beginning of a new bull-market for cryptocurrencies - one that will achieve new ATHs and last into 2025?
Well, if you watch my vids, I'm very consistent on my views. With all of the historical indicators saying we are going to have a recession, with zero false signals going back to WW2, I expect a recession. What that means for markets is as follows - the markets have never ince in market history put in the low prior to a recession. And normal sell off is 33% from the peak. And if it's a bubble, which I believe it is, then you are looming at minimum of 50% on SPX and greater than that for NDX.
Having said all of that, crypto follows the markets. You can overlay NDX on BTC and you will see a very strong correlation. As a matter of fact, it was a .92 correlation for bull run and sell off. 1:1 being perfect. None of these crypto guys on YT actually trade anything, they all hodle coins they bought for pennies and do TA as a business to sell you $3k courses. That's why their crazy targets of $250k, $500k etc are never hit. But its what sells, hence they have hundreds of thousands of subs. I'm not talking about everyone but that's this space, it's teenagers and and hopium dealers. I'm retired and trade full time, doesn't mean I'm always right, but the business cycle is very clear. You would have to believe crypto is totally decoupled from world economies, a global recession, and losing trillions in stocks will make BTC go up. It won't, look at 2022. BTC and cryptos moved with the markets.
That's my view, but in between we will have another correction after this next move, then a push to what could be a new ATH for BTC and markets. Then max pain. We shall see, but in meantime I'll share my thoughts on YT and Discord.
I have been telling you that the bears will feel the burn lol
My trades were very profitable, IDC about bulls or bears. I care about making money.
for the last two years you have been predicting recession recession recession. Nopes. Zilch. the market continues to rallies. no amount of 'macro indicators' talk can defy price action..... So maybe you need to change your tack.....
This isn't a good channel for you to watch - you have to be able to hold two ideas in your head at the same time. This is late cycle, pre-recession - and yes I've been talking about it since the recession indicators that have never failed said you are getting it - and if you actually watched the channel we trade markets up and down regardless of the cycle. If you don't understand how those two concepts work together you are wasting your time watching.
So, you are no longer bearish on Bitcoin because of Nvidia and a tight coiling pattern? I don't think I can get onboard with that. I'm of the view that the move from 43k was irrational exuberance and we will soon see 40k.
Cycle hasn't changed for me - I can't repeat all the moves every video or the vids are 40mins long, literally.
But I think BTC will top, I think it's more likely to top now between 55-57k. I think markets will top soon, whether that's 5150 on SPX or slightly higher.
Doesn't change the cycle - after top everything corrects, 4600 is to SPX, BTC to mid to low 30s.
Then if we repeat the same pattern as Y2k and the last 4yrs, we are going up to new ATH - final blowoff.
The timing is the difficulty, all I have to work with is the previous years - market tends to top and start to correct mid to late February into March. Then moves up late March into April. Then I think we peak and sell off.
So I would say I'm bullish or bearish, I'm simply tracking price and trading it as best I can on the larger moves. Bears say I'm bullish bc I think the markets did a major short lived reversal and that ups the odds for BTC to take 55k. Bulls say I'm bearish bc I think a correction follows of substantial magnitude. Idk, I just view it as I'm trading. Thanks for comment Handy
@@MarketMakersOfficial thanks for taking the time brother
@handyrams4822 I'm retired, and single. I have a lot of free time. Now back to my Bacardi lol
@@MarketMakersOfficial same.
You started so strong a while ago. Now you don’t even know what’s going on. Just look at the monthly charts on all assets. It’s bearish AF. Big move is coming. To the downside. I think you’re doing this because nobody can pinpoint the exact top. The crash is near though.
These comments crack me up. You think I'm too bullish, and half the comments like the one above yours think I'm too bearish.
And I don't think you understand the TA or you don't watch my videos. I'm looking for a top then 8-10% drawdown in SPX and BTC to 31-35k. Explain to me what it is you think I don't understand
What monthly charts are you looking at? The monthly charts I am looking at show plenty of room to run up much higher especially small caps. Look at the RSI history on the monthly chart and come again how that looks bearish?
First
Hey Defi thanks for watching!
We breaking out of this joint...LET'S GO
Have a great weekend Tim!
this intro is strong but a total lie! The intro is insult to all who can think for them selves and not a single count is true! And now I go and will watch the video till the end cause U on the other hand are not full of shit and I really like your insights.
Hello boss! I only follow accounts that are shadow banned Congratulations !!! Love your content since 2021
Hey Joel! Thanks man, appreciate you watching, that's since the beginning! Have a great weekend