저자: Mitch Ray · 외국인
요약 보기
이 영상은 '블랙 써스데이'로 불린 하루의 미국 주식시장 급락을 실시간으로 다룬 라이브 방송이다. 진행자는 하루에 약 2조 8천억 달러가 증발해 2020년 코로나 폭락 이후 가장 큰 손실이라고 말하며, 이전 최대 하루 손실은 2조 6천 9백억 달러였다고 언급한다. 또한 S&P 500 선물이 서킷브레이커 발동 지점에 1.5%까지 가까워졌었다고 설명하고, 3시 이후에는 발동되지 않는 규칙도 덧붙인다. 방송은 엔비디아와 애플의 시가총액 순위 변화를 짚으며, 애플이 버티는 동안 엔비디아가 전 세계 개별 종목 1위 자리를 내줬다고 말한다. S&P 500 선물, 나스닥 선물, 다우존스, 러셀 2000의 기술적 지지선과 저항선을 차트로 설명하고, 200일 단순이동평균선 시험과 하락 추세의 낮은 고점, 낮은 저점을 강조한다. 개별 종목으로는 샌디스크, 인텔, 마이크론, 트립어드바이저, 3D 프린팅 종목, 양자컴퓨팅 종목, AMD, 솔라엣지, 로켓랩, 엑스피디아, 델 등이 언급된다. 인텔은 돌파 갭과 피보나치 되돌림 구간을 근거로 추가 하락 가능성이 거론되며, 트럼프 미디어(DJT)와 테슬라에 대한 부정적 전망도 포함된다. 변동성 지수(VIX)는 하루에 60% 이상 급등해 역사상 손꼽히는 변동 폭으로 묘사된다. 금, 은, 구리, 원유, 비트코인, 이더리움도 함께 점검된다. 마지막으로 진행자는 한국 시장이 다음 개장 때 큰 갭 하락과 서킷브레이커 발동 가능성이 있다고 전망하며, 5,500, 5,000, 4,200 등의 지지선을 제시한다. 이 영상에는 근거가 불분명한 수치와 단정적인 전망이 많고, 구독과 유료 가입을 권유하는 내용도 섞여 있다. 따라서 제시된 가격대와 전망은 투자 판단의 근거로 쓰기 어렵고, 수치는 공식 시장 데이터로 확인이 필요하다.
다듬은 글
Heat. Heat. Heat. Heat. out. Hey, hey, hey. Hey, hey, hey. It's time for power hour. Is this your homework, Larry? See what happens. Larry There's bears out here. Hello traders. Uh, welcome to the Black Thursday stream where, you know, the market has collectively lost more dollars in market cap than it ever has in history.
And, you know, people will be like, "Dude, but not percentage- wise. Of course, there's more money in the system than there's ever been, but of course, it's still uh reality." And um you know, we haven't seen a day like this since 2020. 6 and a half effing years. Uh if you want me to say the stat again, it was $2.8 trillion has been wiped out from the US stock market today.
The largest one in history. And the uh largest the previously the largest single day wipeout was 2.69 trillion size the 69. Of course, it feels so good. Uh that was during the COVID crash. So, got to go back a long time. I mean, my god, dude. On the S&P 5, everything's calming down. You know, everything's off its lows.
We're not at session lows. Um but man, we were 1.5% away literally from the first circuit breaker triggering on the S&P 500 in 6 and 1/2 years. So, that is just that's kind of wild, right? But hey, everything's good though. You know, it's beyond 3:00. So circuit breakers don't go off if it's after three and the S&P was to go down uh 5%.
Crazy enough. I think that's the the rule. It's been a while, right? We have to like brush up on our circuit breaker rules once uh every now and then just in case maybe it was going to happen. This is the closest I I feel like it's been since it actually happened. Uh because you know, you've had like yo 2022 was bad and 2024 was bad, but I don't know if we were ever getting like to 1% 1.2% 2% away from a circuit breaker.
So, it was just a long drawn out sell-off. But, I guess we're just starting the stream with Nvidia because of how devastating it is for this being the market leader. Is it still the market leader? Cuz Apple really was hanging on. Um, it was real close. It might be actually. Let me check my my market cap.
Uh, oh my god, chat. We have Breaking news, breaking news. Apple has surpassed [clears throat] or really just kind of held steadfast while Nvidia has lost its dominance as number one equity in the entire world. We have a new champion number one and it's not even close now. Apple only down about a percent today with Nvidia just completely capitulating, losing all those those uh that market cap.
So insane development here, chat, how about number one? This is what happens. You get rid of an Auburn grad as your CEO. He steps down. He's still on the board. I get it. But when when the Auburn grad's gone, look what happens. Alltime highs. Number one in the world. It was the Auburn curse. Don't let anyone tell you it wasn't.
All right. S&P 500 barely 5.5% off its size. Yeah. Yeah. True. True to that. I mean, it's really not that big a deal. It's just a singular day, right? Um, but it was a nasty singular day. I mean, the S&P 500 is still down 4. I mean, what? Okay, this is the futures. This is not the spider itself. Okay, so they're a little different.
Let me show you. See, the spider's not even down 4%. My god. You know what, dude? It's actually worse. Um, we were actually we were less than 1% away from a circuit breaker triggering. Again, it can happen now. Can't it can't it's impossible because it's past 3:00, but um it looks like we have a day with the 200 day simple moving average for the first time since we were below it, which I guess was April 7th of this year.
So, um it's coming. I mean whether it's today, the next 51 minutes or it's tomorrow, Friday, I mean I think that 200 is going to be tested and whatever. Even if they lose it, you at least have a little bit of support. I mean, fruitfly support at 722, 72550. So those are like that's what you got on deck.
Okay. I mean, it was it was pretty uh brutal how they did it. I mean, but I'll tell you really what I think it was. It wasn't so much the spy as much as it was the NASDAQ. Look what they did. It was so beautiful. Tried pinging y'all on this. It was phenomenal what they did yesterday. Oh my god. My my results and all the Mag Sevens or not all of them, a few select NAG7s were up seven plus% all-time highs on [clears throat] Apple and Microsoft.
But if you look at the NASDAQ futures, what did they do? They merely rallied this index fund to the key inflection zone where it was once support and they flipped it and regarded it as resistance. And if you go even deeper, okay, you can't really see it so much here, but if you go to the 4 hour, you can see it wasn't just one time, it was a confirmation high, [snorts] right?
You had once and then twice. And we love forms of confirmation, but that was brutal. And that was the time scale I was trying to show you. I wasn't really looking at the daily as much as the four hours real bad. And it was just like that point, man, nothing's really going to anything techwise, anything any risk asset that's not really great.
And then my god, the waterfall began to cascade uh really before market open. It was it was bad, man. All right. So 1 hour 49 minutes till the NASDAQ futures closes. You can see here if in that period of time, unless there's some sort of rally, short sellers might cover, you know, they they like to do that.
I mean, on days like this. So, um I mean, you're looking for the lowest 4hour candle close really since April 22nd. And I hate to be the breaker of bad news there on the NASDAQ. There's absolutely no support here till uh 26,270 at the old all-time high from October of of last year and January of last year.
Right? that is like your next big target here cuz there's just really looking left nothing. So if it bounces it would be random. Um and [clears throat] unfortunately in the situation we're in where we are in a downtrend. I mean you can clearly see on the 4 hour there's a downtrend very well established.
It's been this way. Uh lower highs lower lows consecutively. Um most recent event the two lowest highs confirmed at resistance and now the lowest low of this said downtrend. So any rally that occurs will most likely conclude with another lower high than the previous highs we just received. So uh we're not a good spot here, man.
I mean risk assets is bad. Very very bad. And to lose 271, I didn't really think it was much of a big support anyway just one time. Um they they just slashed through that like a hot knife through butter and almost on this 4hour candle ran it up to back test it as resistance almost immediately. As you can see at the highs, it did kind of do that.
Okay. It's kind of gross, man. All right. It's kind of gross. So, what I'm trying to say is like at least I think the NASDAQ had a better uh it looked better for people trying to utilize tentacles than the spider cuz the spider or the S&P 500, it blasted through above above its uh resistance. Made a lower high locally, but didn't really regard the level as a support resistance.
So, you got to really admire the NASDAQ for that. That was that was great. Great to see that happen. So, Oh, what am I thinking? I forgot to play it. I'm so embarrassed. Sorry. Um, very bad, boys. Very bad. That's right. Very bad, boys. Your sensei. Your sensei, man. The Dow Jones Industrial Average.
You got to see the I think it forgot to take its skitso pills. Whatever it's bipolar pills, whatever the whatever it has, whatever it's uh Oh my god. And then just like that, this is the most bamboozling of bamboozlings I've seen on an index fund and maybe ever. Like dude, right up 3.5% yesterday close and really closed above an old resistance and then today completely wiped out and is now going to close well for now could is in is threatening to close lower than yesterday's open.
That is a undeniable mogging on high volume, highest volume signature volume wick we've seen since June 12th. So, you know, multi-month highs on volume on the selling pressure. Okay, you get it. Hey, what were we talking about? You know, before the midterms. Yes, you have to treat it like earnings. What does that mean?
You have no edge. You have no idea what's about to happen. Things that you couldn't even expect or know to happen will probably happen. And that's for sure what happened because yesterday was such a crazy euphoric day. Oh my god, it's so bad, but it's so good at the same time. And it's all bad actually.
Okay, the the Democrats swept uh swept the government and they swept the markets the next day. All right. In my opinion, Republicans have no one to blame but themselves for this uh situation we're in. And uh you got to wonder it are there legs in this. If we look the top or the big screen, excuse me.
You can just kind of see uh the situation we're in with the spider approaching or the S&P 500 approaching a little support zone there. 7300 7350. Um I don't really see much. I mean, I guess there's some support on the on the Dow Jones where it is right now. Maybe a little. I mean, dude, it's just kind of be micro micro support.
Yeah, you don't want to lose that. And then yeah, we didn't look at the rest 2000 futures, which um down almost 5% just ugly, very much fugly. I mean, a huge uh 4.6% loss on the day and undeniable uh tweezer double tap. if you care about the the tweezers. Oh, that is a perfect tweezer top. Japanese candlestick reversal.
And to boot, you have locally a 4hour high and then a second high. So, you have a confirmation high. Uh unfortunately, uh that really just kind of right there that I guess that swing high from October. I guess that was it. [clears throat] So, where are we right now? Like you can kind of see where we're at.
I can paint the the zone with the candle close back from January. But you can see where you're at. You're kind of at this last zone of support defense before way lower. I mean, there's just not going to be anything here. So, you better pray that this holds. You better pray this is a secondary test and they can successfully defend it cuz if not, uh there's just really no no question about um the target for the Russ, which would be 2550 2530 down here.
Like just the next level, right? There's look left. There's nothing here. So, um, you better hope it holds. Back below the 200 day simple moving average. Never really good to see there. Okay, chat, are we okay? Crypto hoarder, he says, "Very bad, boys." That's right, dudes. They're knocking off the card game, aren't they?
Nice effing game, as they would say in Good Fellas. Nice effing game, James. You feel so G. Yeah, dude. I mean, it is G. Very G. And I mean, it is warranted that we would say. Can devs do something? Every day I'm checking the price and it's dipping. Every day I check the price, bad price. I can't take this anymore.
I have overinvested by a lot. That's right. [clears throat] Vegas Nick or whatever his name was. Hollywood Nick, I don't know. Rest in peace, a legend, but we have immortalized him here in our chat. And today was the day we had summoned him on the soundboard. Okay. So, looking at that, let's let's um All right, we looked at our index funds, we're kind of going across the market, started with Nvidia.
Um maybe we instead of going like out of equities yet, I think we should maybe look at like kind of some devastating losses. Let's just look at SanDisk. That was just like the um it was the one, man. It was the one and now it is not the one anymore. it is deadcat bounced and currently you know trading at its lowest price since April 9th which isn't that crazy but relative to where it ended or where you know the whole rally ended the whole mega speculative run ended I mean this thing is down 65% in 133 days so I mean I've seen on the internet I'm sure you might have seen on the internet some people like there was this guy that ran up he had 600,000 [clears throat] ran up to 27 million and it literally roundt tripped and now he's actually down money or something So, um, and I and you know, his his portfolio looks a lot like SanDisk and Intel and a few of those other ones.
I don't know really what he did. Maybe he was playing options. Could have been options. Uh, so this thing down about 20% right now. But let's just um talk about in the past one week. One week down 40% in seven effing days. That is wow. I wish. Does anyone know are they going to start two time levered shorts now?
Because they only do like, you know, for the ETFs. Um, they only do like one time shorts on these with these ETFs. They should just like on the long side, right? Think about if you were in San if there Sandis had a uh somehow had a a two-time levered ETF, it might it would be down 40% right now. Insane.
So anyway, I've got some alerts set up if uh things get bad there at this and then like Intel are the other darling. These are the two like big darlings. It I mean just completely devastated. So you talk about in one week, right? In one week. This one's down 42% in 7 days. 42. Even worse than SanDisk.
Life comes at you fast. Think about it. you had a two-time levered ETF of Intel and you were long, it would be down 84%. Your position, insane deleveraging event ongoing, I believe. I think a lot of leverage probably just like silver, right, and gold leverage probably got the assets up to where they did.
So, um yeah, very very bad stuff, dude. And really, quite frankly, looking left, you are trading below key levels, like below $58. You're just waiting for $43 now. So, they might eventually recover a little bit. You know, it's going to be a lower high. You see the volume signatures. This is a textbook breakaway gap.
Like, that is the highest volume you've seen on um Intel since September 18th. The breakaway gap. Hello. the white cop accumulation breakaway gap that catalyzed you know that was the Trump 10% stake in Intel the government you know all-time highs 500 plus percent from there exactly that's your breakaway c breakaway gap the price disparity and the volume wick and you got the same exact behavior here so this is a breakaway this this will not be filling anytime soon on Intel you're cooked so this will be in a downtrend for a long time even if it rallied man a lot you can get 50 60% rips in in new established downtrends.
You had tons of them in 2000 to 2002. Tons of them. Uh they were like 50 60% rallies before they rolled over making lower highs and rolled to lower lows later. So just remember that uh there there's tons of volatility involved with uh corrections. Uh this is going for a full-on reset at least from the swing low for March.
I mean it already is almost there. My god. Yeah. It's nearing 886 at $52. Unreal. But if you anchored from down here, oh my god, like forget about it. From this real low to the high, I mean the 886 is $33. That would be in it's possible. I mean to me 786 at $43. I that seems very that right the deep retraces they go to 786s 886s for resets and there's a horizontal line support down there and there's not really much of anything else looking left.
I think that's a good candidate area for this eventually. Yeah, I mean again so many red candies you'll eventually get a green one and you'll because [clears throat] right you you you'll get these buyer inducing rallies okay market participants big money they they need people to buy so they will um induce rallies to get retail and dumb money to buy them thinking the bottoms in and then they will rug it later and a lot of times it's pre-market after hours weekend Uh yeah, but looking back, man, how in freaking incredible the composite we were all over this one where it was I mean the whiteoff accumulation schematic it was literally perfect.
Jumped across the creek one last test and then the partial decline and then boom. I mean it was it man and who cares now it's over. Like they [clears throat] we don't we don't care. Like this is going to keep going forever. You're naive to think that. Just like silver and gold. You were to think that it was going to go on forever.
Sorry, dude. I like relapsed on that illness I got like a month ago. Like a cold. Like I got it again, dude. Like I'm dying, dude. I don't know what's going on. So anyway, um Intel and then we like a micron down 15% today. Same situation on same chart. It's so ugly, dude. So so ugly. Below the 200 day simple moving average today for the first time.
Oh my god. since uh kind of like May of 2025. So year and a half since this has happened. That gap is so nasty. The volume is so uh above average today. We have such a historic day. I mean maybe a fruitfly support at 652 where they they took it kind of today. To lose that you have unfilled gaps at 575 544.
Another unfilled gap if you can believe it at 447. Three unfilled gaps on the downside here with no real formal support outside of maybe one pathetic May 2026 low. We'll see. Maybe a bounce off that to fill the gap above you. Maybe they, you [clears throat] know, something happens. Oh my god. You know, they do something like this.
Better be looking out like that type of behavior is setting up. And that may be a good short trade setup. If you ever got some sort of check back like that, that may be great. Okay. Sundisk and then like my god, dude. I don't know what happened to Trip Advisor down 26%. Geez. Who needs Trip Adviser anymore?
You have AI all-time lows, dudes. Congratulations. All time lows of Trip Adviser. Wow. Yeah. What is the point of this? This is like when I think AI disruption of anything and it's in its infant stages, I feel like the the easiest thing that uh primit more primitive AI could do is this. So yeah, congrats on it being alltime lows.
Uh sadly enough, man, one that just uh it had a good setup just ran out of time. Triple D 3D printing. I guess it's not really what it was cracked up to be. They tried once and then they tried twice and then locally they tried again and it was a slightly lower high and I guess that was all it took and just man a bad macro day just took this thing right back down to price is not seen technically I think since August I mean over a year ago and back to this key support zone from 2008 9 2003 20ou 1999 all the way back to 93 back to 1991.
So you could be uh 30 plus years old, you know, and you bought this and at the lows and you still would have made no money. We roundt tripped a million times. So it's ugly, dude. I mean, it's just not it's you those are the worst ones, right? Those are like the ugliest b ugliest. But now we can look and see that ah quantum computers uh the quantum computing sub sector is the bubble is continuing to deflate and I don't see that there's anything to do on this until 678.
I mean that means there's 30 plus% more downside. 30% more downside. Yep. Until there's any real support. Maybe it's so cooked, dude. You you would uh you would hope for a lower high rally to 15 bucks for a bearish back test. You might short it. Might be a good short up there. But that's, you know, ugly stuff.
AMD, remember that time we were watching it last stream, the last stream I was live. And uh it was up like 8 n% and now it's down 15% and trading at its lowest price since May 19th. hitting its 200 day simple moving average for the first time since March 30th. Uh below a key support, newer support, but nevertheless still there.
I mean, that is life comes at you fast. This thing was up. I mean, it was at 548 or something. I can't even remember uh that evening after after the market closed when it reported. So, just really bad, man. Really really bad. Solar Edge. I mean, but I thought solar was good for Democrats, right? What did we do, Mitch?
Touch nothing. What's up, Octo Man? Thanks for the five. Well, you know, this [clears throat] situation, we're in impulse mode. Massive resolution impulse mood. So, you know, if by what we do, the standard here is to have nice structures that have been in development for a while that have hit their confirmation lows.
you set up your like Qualcomm for instance, it had the M shape, it had the type two return, it had the stop-loss set up, boom, immediately just wrecked. I mean, like it resolved the other way. Uh so like that's how it is, you know, proper position sizing with proper risk management mandatory especially and today is like a a big teacher.
If you didn't have those stops um on your portfolio, you're paying for it hardcore, right? So um what do you do? You wait for structures to develop. you wait for key levels to be tested not once but t typically one two times if you really want a strong edge um just because on the second test everyone in the world sees that and it's a lower risk long on a second test so uh Solar Edge seeing its lowest price since August 2025 over a year lows 52- week lows on Solar Edge right now broke support at 30 bucks really nasty but great Great teacher, early great teacher to see kind of man.
It looks like they're trying to hold it and just like the weakness came in and they rallied back above it. Sign of sign of weakness so but these lower highs locally, you know, that that's like psychology and that's like really subtle forms of distribution almost just like it was a um descending triangle in its own way, right?
I mean like a buy wall with distribution. Someone was offloading and eventually you know a day like today happens and they're just gone. So, we're already resolving measure moves probably at 2340 the next support. So, just looking at some of these uh man, God, Rocket Lab just can't catch a break, dude.
What a failed M shape. Yep. [clears throat] Trying to identify an M shape like this. Um like in this context is really not great because I mean after it type two, it rallied and then made a lower high and then the argument started getting weaker. um as it came back down, it's like it shouldn't be doing that and then it's just made a lower low and then a lower high and now it's like dude like this thing is probably going way lower.
All right, I'm talking way way lower. I mean, I'm thinking eventually minimum 38, probably 21. I mean, this thing is in a downtrend now. Like the vertical line you see right there is the end of the party, the blowoff top. Never even really had much of a deadcat bounce. I mean, the best it could do is probably a 382 in early July and just that's it, man.
Trend is your friend and the trend is bearish. So, you're looking for shorting opportunities on something like this now. So gross, dude. Uh, Expedia, the same thing, right? I mean, I can't believe the trend. Can you believe this trend? It's so insane. Like, how good it is. The old structure down here.
Wow. But, um, nevertheless, still on 14%. All right. Uh, Dell So disgusting, man. Like, you can't escape this. The SO XL is down like 40% or something like that. Um, hey, [clears throat] look, congratulations. They're they're filling a gap on Dell today. Uh, that, you know, they created that in May when it went up 32.
Well, it went up 32.33 uh repeating of course on earnings, but now um you know more gaps to be filled at 254. Another gap down here, a breakaway gap at 120. So, there's no support looking left, dude. I mean, you are straight up, straight down. I don't know where this thing's going to bottom out, but if they might run it up, they might to go fill the gap and might bearishly back test 357 369 first.
But this is just like a horrible technical event that is occurring right now. Okay. Technical damage is being done massively to these. Okay. Hello chat. Yeah, the uh price action did not react to your line. It doesn't always do that. Sometimes it it doesn't. Is spy low of day. Oh my god, chat. Yeah, we got to go the S&P 500 right now.
He is uh correct, dude. If you look on the big screen so we can look at all of them at the same time. Yes. I thought you were joking for a minute, sir. I thought you were kidding. This is absolutely disgusting. Look here. Look. Listen. Low of day. S&P 500 down 4.3%. I don't even know the last time the S&P 500 was down 4.3%.
Um, you'd have to go back to probably 2025, 2024, maybe 2024. Uh, Nvidia lows of day, I think, right now. My alert's going off on it. Hype in the chat. Um, wow. Yeah, you got to go back to like probably April, early April 2025 cuz the uh my god, dude. It was April 3rd it was down 4.93% and then April 4th it was down 5.85%.
Unbelievable. So, yep. First time we've been down this much um in a year and a half, if not a little more. But again, nearing the 200 simple moving average. Maybe we see it today. It would be a gift. It would be a gift. All right. Um this is my um Nvidia alert went off. Let's just go look at it real quick.
Chat, it's uh gross. Fitty Shades of Gross, man. It was the tweet on the bearish back test. Oh my god, dude. Yeah, maybe it wasn't the session lows. Um I just had an alert set up. I would have kept going. I wonder if we see low. We probably will. We We have um we're in the last 30 last 28 minutes of trading to of the day.
So this is the last What does that mean? the second highest volume coming in the last 30 minutes as the the highest volume comes in the first 30 minutes of the trading session which is you know 9:30 to 10. So yeah, we're just looking at this continued devastation. Uh and then you know hey Bitcoin we didn't even look we didn't even talk about Bitcoin today yet crappy lower highs lower low thing going on locally but I mean relatively very much tame compared to what we're seeing on the stock market.
I can't even believe it. continue bots have been triggered. Eh, we're off the lows [clears throat] now. Like, yeah, it was it was bad, man. It was real bad. But, um, the S&P 500 futures, let me show you real quick. It's right near that support. Very, very close. I mean, if not, you know, if you care about Okay, candle closes, too.
It's kind of like they did they kind of they pretty much did test that little zone down there. So yeah, what'll happen? Short sellers will cover because that's probably a price objective for a day trader. Um it's areas where you have limit orders like bids, limit buys set up right there. So yeah, I mean I could definitely see like on a nasty day like today that might be where it bounces, which it definitely just did a little bit off the lows.
So okay. Um so we can look at we're going across the markets, but we're just kind of going a little bit more in depth things going on. Let's u real quick I think it's appropriate to do this. Very very appropriate. You need to see this and this is like the why. I mean, look look at DJT, Trump Media Company, or sorry, Trump Media and Technology Group Corporation, which is whack.
Uh, fresh all-time lows like every other day, if not every day. Two days in a row of all-time lows. Um, this thing based on what's happened is probably going to lose almost all its value. It's like his Trump coin, right? It's horrible, dude. Unfortunately, everything for that's related to Trump or anything that uh revolves around Trump now is going to be uh probably punished.
All right, so $48 down 9.2%. Let's just look at like uh September, let's just say in 36 days, Trumpcoin's down 59.4%. So, and that should just continue. And then, you know, think about Elon. Uh, he will definitely be targeted. He'll probably be, you know, I don't know what they'll try to do to him, but a real bad day for for Tesla.
And we discussed this on the last stream. There there could be zero upside potential. Okay? Zero. Cuz it was up against resistance. That's all it did. That's all they did was push the price of the asset to the old 2021 all-time high and collapsed since then. So, um, again, we'd be waiting on a second test down here.
This is where we could get a shark pattern at least. I don't know though, man. Like really again, they're going to I don't know what they're going to try to do to him like it. But you're talking like a shark pattern where we could eventually find ourselves back here down here. I think this is probable at least an 886.
Maybe 113. Maybe they 113 it. But yeah, just it just means probably way lower now. Okay. Ugly stuff, dude. Um, SpaceX ugly. Very ugly. It came off the lows, though. It was a lot nastier earlier, but that's a big bounce from 120 to 12440. Uh, but same thing. Shark pattern could be getting painted. We don't really know yet.
Or could be a bat pattern, whatever. Depending on how you anchor, I think they're still both. They're both valid ideas, potential ideas, whatever. You know, it could just end up being like an 886. Hey, maybe. I mean, there's not going to be much here. We'd have to wait and see. Even if it got here, we wouldn't be long yet or anything.
Just be Will it react at 11337? I don't know, man. Maybe, maybe not. And not if things continue, if the if this uh sentiment continues as is. My god. Hey, at least we were we were good on the socks. Hey, man. I think they've confirmed that we're screwed. They tried once and then they tried twice slightly higher high and that turned out to be very much real.
Um yeah, you got a few days of a little joke rally and then gap down and then yeah, now the lowest price seen since April 14th. I mean that is just half a year of gains gone and unfilled gap on the socks at 8,000. Socks will again down a lot, [clears throat] excuse me. So, very very nasty stuff across this market.
Um, we can look at Bitcoin real quick. Again, it's just not like I mean it sucks, but it's not anything like we haven't seen here. We're used to it on crypto and this is extremely mild for us. I mean, you're just waiting on 73,800 I think at this point and all the way to 70 uh 72. It's a little inflection zone.
So, you're waiting for a back test. You're waiting to see if uh this level uh if there if there are enough buyers, if there's enough demand for those buyers to defend this level. I think that would be the most prudent place to see and wait. The 200 day simple moving average is literally confluent. It's right there.
You can you can't even see it right there. I mean, that's that X marks the spot. I would just wait on Bitcoin to see that level and we'll Yeah, maybe they'll defend it. But yeah, it's been it's been gross since October 5th, man. one month of just lower highs, lower lows locally lately and anything below 83K is kind of not great hands off.
Um, okay. And then like Ethereum down 7.35%. They ran it up yesterday all and then it's it's you know up 6.63% at close and complete bamboozle down 7.3%. Like u so back to 2161 if they don't hold it then it's going to be an easy 2040 1956. So, whatever. Yeah, just crypto, man. It's cooked. Cryptocooked.
Okay, we can go to um let's just go to gold real quick. You wouldn't believe it. It's up, man. Gold's a savior of 1% back above key levels. Nice. Not enough to really be able to discern anything, but anything above $4,000 is awesome. But you did. What was your most recent event? the lowest low of the intermediate downtrend.
So, [snorts] no confirmation lows or anything. So, you're just kind of guessing and hoping that it holds silver eh down half a percent. But after yesterday's nice 5% day, you know, just sideways, which is good, right? It just means that like it's real. The people that bought that are still in it for now.
And it's just the selling maybe is way overdone, man. Like, you know, they got they did reset it though, unfortunately. And it's still it's like it's in the bearish control zone. That's so gross, dude. Bearish control zone is the asset is below 40. And you're currently at 38. Yep. Big yikes, dude. No edge, no exhaustion yet.
uh just crazy like there hasn't been positive momentum on silver since August 31st just uh impeccable selling but yeah event you would think uh you get some sort of bounce eventually some sort of reflexive rally maybe 5656 gets tested as resistance they could take it to $64 and still be a lower high so yeah you're just kind of at a point where the selloff has happened you're in the downtrend and sellers might be exhausted or they might be, you know, a little tired and then there might be some sort of relief rally to induce buying before it rolls over later.
Okay. And then copper, there we go. Finally starting to resolve, right? That that rising wedge and that remember the the discussion we had about it, the one and the two and the three just the distribution locally finally playing out. Um falling below the 200 simple moving average really for the first time since September of last year.
over one year copper's really been trading above his 200 not anymore as of today. So that's a big event and it was cool to to see how you know just identifying local lower highs were able to help us maybe think maybe the next thing would be it resolves lower. So okay and then we look at US oil which is uh back at 90.
Hey, how about that man? They tested support and they tested the 200 simple moving average for the first time since August 6th and you bounced and there's a lot of upside. I mean they hold this successfully back to 99 to $100. There you go dude. I mean so yeah it's like almost three rising valleys type thing and then it low it failed and then dims swept and uh yeah it is inverse correlated to the the markets like uh like always and then you know I forgot the uh the big [clears throat] the big centerpiece of this entire live stream is the volatility index the wow highest level seen on the VIX since March 31st.
So huge huge day today. This was the fifth highest volatility index pump ever. The fifth highest. Let me see if I can um tell you the other ones. Yeah. So number one ever was uh Volmageddon. That was when the XIV, which is the inverse ETF of volatility, that's when it um got liquidated. That was a huge man.
That was the really the Chinese session too or something. No, that was just when we all went into a bare market. So that was February 5th, 2018. Uh it went up 116% in a day. December 18th, 2024 was the hawkish Fed cut. Uh the VIX went up 74%. August 5th, 2024, uh yen carry unwind was up 65%. February 27th, 2007, the China selloff 64% and today 63 plus.
Uh, this thing was at 66 actually. So, um, I think it's when what the close would be. Angry, man. What's up, dude? Angry Abu tip. $25. Keep your head up, traders. This will pass. Stay focused. Elie Lily. Eli Liy, man. Thank you. Angry below. Yeah, we can look at that one. Yep. Tide maxers rejoice. This is it, dude.
I mean like I don't know like you know there have only been a few times in history where the VIX has ever done anything like this in a singular day. So uh you are living forms of history for now. I mean you definitely are because of like the single largest drop in market cap or wiped out from the stock market.
So um yeah we we can definitely look at that real quick, right? Why not? Yep. I mean, it's having a bad day, but come on, dude. Off the lows. It was insane. I mean, it hit it hit all-time highs today. Angry bolo today. Not yesterday, today. Intraday before pulling back. Whatever. Yeah, macro wide selloff.
Nothing's safe. Uh CI was up three plus percent. It's down today now. So, yeah, maybe they go fill some gaps, but anything above 1110, 1134 is phenomenal. Uh this is in a well established uptrend. Um, pullbacks will be it'll whatever the pullback is, it'll probably be the highest low in the history of Eli Liy.
So, there you go, man. Insane. Okay, so maybe we um should look at oil, gold, silver, copper, um, DXY. Remember Yov accumulation on that one? Well, I mean, you'd be surprised it would be um, going higher. I think it's just bull flagging almost, right? Doesn't it feel like it's kind of flagging a little?
I mean, maybe we thought it was there, too, but you know, something like this, a bull flag. My god, it almost does look like a bull flag, doesn't it? You know, wherever it pivots, as long as a higher low than 9865, you're still very much watching uh composite operator accumulate here. So, yeah, at some point this resolves, you break 10224 and you got a date with 105 plus eventually.
So, still looking good for higher prices on the DXY. Sorry to be the breaker of bad news. Yeah. Um, it's ugly, man. It's very ugly day today. Oh, we can look at the others where it's not really a big deal. Like, I don't think anything changes on Amazon. Nothing. Amazon's down 2.5% today. What's the problem, dude?
Nothing technically happened to Amazon. Nvidia, that's a huge technical breakdown. Massive collapse, high volume. Amazon well-established uptrend. Um, remember what it did yesterday? It was up 6%, only lost like a a third of its gains today. It could be down more, whatever. Um, they kind of like filled the gap, if not they didn't.
It was real close at the lows today. Like, you got nothing. If you're above 24196 on Amazon, bullish as f. You just are. I'm sorry. Below that, yeah, yeah, let's talk maybe it's not as good, but anything above that level is the green light. So, no problem on my meta, you know, it they filled a gap today.
That's amazing. They filled the last gap that was unfilled at 59263 and now they're really trying to hold on by the grace of God. They're trying to hold on to this 600 psychological level, but also it's a very real level that sims back to 2024. Um, you hope they hold it. Um, but they're below the 200 again.
If you lose that level for real, I I mean you're just probably coming back down to low 540s, 530s, full reset. So, um you better hope it holds and you better hope that we get a big reversal tomorrow uh on the the overall macro, otherwise we're in a lot of trouble. You know, these things are going to go for their full resets.
Microsoft really not the biggest deal in the world. I know it's down like 4%. But it hit an all-time high yesterday and maybe they just go fill the gap at 52164 and it's not a big deal. still just very much up here in this little channel. Um, and a bad macro day. What do you expect? You know, like everything's gonna rug with a VIX being up 60%.
Yeah, dude. So, that I would say this is pretty this is a win. You know, it's almost like uh when your offense turns it over in your own territory, your defense gets on the field and they're able to stop the offense from scoring and the off that offense only gets three points. That's the way it feels like for Amazon and Microsoft today.
Hey, you know, they only got three on us. It's a big win for the defense. Okay, speaking of another big win, Apple only down 1% today after making alltime highs. Are you kidding me? Trying to back test the old uh all-time high from July 30th as support even. I know dark cloud cover maxing for sure potentially, but wow.
I mean, just phenomenal. so strong just hey the key of the city just own Apple you win that's it nothing you don't have to get cute just own Apple apparently insane so no big deal on on some of these Google down 2% yeah it's I kind of like got some issues when the asset is trading below $300 okay 296 to 300 I got issues uh they're unable to break that level they're just regarding the old support resistance as resistance now working on a bearish engulfing candle from yesterday.
They did fill the gap, the open gap. That's good they did that. So, um it pretty rough. I mean, that is some rough stuff. Low to high, you're at the 886 at least. 95% retrace, but uh you know, I think Apple, Amazon, and Microsoft look better than Google right now. Okay. So, crazy. Then we can look at uh well, I think we've looked at all of them now.
Yeah, we've looked at all the Mag 7s on stream today. and video is the beginning of the stream. VIX's climbing again. Um, no, I don't think so. The VIX is still just going to be where it's at, right? 61. Dang. 62.53. It is kind of inching up, isn't it? It would be insane if we had follow through tomorrow.
I don't think we will, but dude, somehow imagine getting more followthrough tomorrow. I just probably overdue for some sort of um bamboozle like a reversal, you know, on some of these. Just been devastated to to induce buying, right? Like for no other reason than to get people to think that um everything's going to be okay before they rug it again maybe next week.
Okay, that's what I mean. Springfield, we got to get you a new invite. Uh, Discord invite. Brad will post it right now for sure. Chat, are you here? We've been live now 52 minutes. If you're enjoying the live stream, the coverage of this carnage, hit that like button, that bell sub. Thanks so much for being here.
Fifth of the month, best day to join Patreon. patreon.com/mraeta. Yeah, we'll get you into new invite link though for sure. Um oh, let's look at the Cosby if you know the South Korean exchange. This will gap down tremendously at open. I think 8 or 9:00 p.m. tonight. This will be down and a circuit breaker will most likely trigger on this.
I think you're easy target with like I think it's almost certain that at open you'll see you'll be at 5,56 if not lower. you're probably going to be lower. And there's just really nothing on the Cosby. These are your supports. 5,50 to 5,000 and then 4,200. Not much else out there, right? This is going to be a brutal open.
If you're South Korean, you're probably sleeping right now, but you're going to wake up and realize how cooked you are. Yeah. You got to wait for the structures, man. Unfortunately, that's What happens? Margin calls going to close. Um, nah, they're some of the shorts are covering. It looks like you look above or I keep saying above because my quad screen is above my head.
Top left of my five monitors. Um, you can see that they have uh some bids quote unquote have come in. The selling has subsided a little bit. No big deal, man. All right. 7 minutes until the closing bell. [clears throat] Excuse me. It's been ugly as heck, dude. So so ugly. Hard to escape the massacre we are seeing today.
everywhere. So fugly. I mean, it's crazy. Um, you wouldn't even believe this, but yesterday the the German markets, the DAX hit an all-time high. It's pulling back today finally, but um, it's just crazy that you had the this loan index. I mean, the UK 100 almost hit an all-time high, too. But, but the Nikki, let's look at the Nikki right now, which is down 8.8%.
We're talking about an entire country's index fund is down almost 9%. You want to see how disgusting this is? I mean, it looks just like the socks, but like that is crazy. When uh when circuit breaker probably already tripped. There's probably been a circuit breaker that tripped. I don't know the rules of the Nikki's circuit breakers, but um someone look that up, see if it happened already or whatever.
But yeah, lowest price seen on the Nikki today since April 13th with no support. I mean, really none at all. Like it just blasted through a swing low, swing high. I mean, really, like it actually is some sort of level, right? That zone 60,000 psychological but also very real. The swing high, swing high, swing low, swing low, right?
very much capitulated capitulated through it like a hot knife through butter and looking left I mean candidate areas I mean maybe 525 yeah and and you know at any any point you know they could you know if the markets recover or whatever on the the US markets then Nikki could just do something like this and then it' be a great short setup for way lower but yeah you're cooked the the whole trend is reversed now.
It's like confirmed with this candle. Uh you've not, you know, you put in the highest high, you put in a a big nasty swing low, two highs lower than the highest high, and then you were just waiting on the new piece of data, and it's come in to confirm a lower low than the previous low. So now you have definitively a bare trend, a downtrend.
Um, and any rally that occurs on the Nikki will be concluding uh lower than the previous highs. And we're just looking for levels where you can manage your risk appropriately for a short, which would probably be again around 60K. Just keep that in mind. Very bad on Nikki. But what do you expect eventually, right, with the whole again carry trade unwinding continuously?
I mean, you look at the Japanese, was it the 30-year yield or the 40? I can't remember which one they used more. I mean, this one, this is like pivoting like they're pivoting at the 200. I mean this is still so elevated, right? This is a the amount uh how much it will cost you to borrow yen. People were borrowing yen and then they were buying US equities with
baby bleed. Shorting dreams coming true. Miss you Mitch Sabin the other day. I swear you were in that. But maybe I was just hopeful. Glad to see you're still going strong and still have good support. Yeah, Nef man. Uh thank you. Oh god. Q's alert going off you. Yep. Nearing the lows of day 3 minutes and change.
Uh, how about that? The uh, Mitch, is this a 10% S&P and 20% NASDAQ down moves we're about to see before it's all said and done? NASDAQ looks cooked. No. Well, what's crazy is we already had a 10% correction on the NASDAQ. We had a 13% correction this year. Do you know how rare it is to get that twice in a year?
It like doesn't happen ever. Ever. Someone look it up how rare it is. Ask AI. How often does the NASDAQ uh correct 10% two different times in a year? I can guarantee you it'll be like oh it doesn't happen often if ever. All right. So, um we're dealing with some sort of oh god AMDL. I just have that for the memes.
I love looking at because that thing's down so bad. Alert just went off on that. It's at new lows. These levered ETFs. Um, I haven't looked at the the Sabin documentaries yet, Nefarious, but uh I think I need to at some point. But yeah, dude, I'm here. Thanks for coming by. Uh, you're here for a historic day.
A very, very historic day. Fifth largest pump in the history of the VIX and the single largest loss of market cap via dollars ever. And it it was the what the reigning champ was the COVID crash. So this is continuously at lows 6.35%. The VIX is climbing. Wow. We have it's the local on the eights. So they're doing it into the close.
The psychotic stuff, dude. Psychotic currently on the markets. Complete and utter devastation. If you know about the Weather Channel, NASDAQ alert going off at lows of day. S&P 500 at lows of day. Right now, we got a meltdown, chat. We got a meltdown. Hit that like button, the bell, the sub if you're enjoying the meltdown.
Well, no, the coverage of the meltdown. Hey, hit that like button if you hate this meltdown. All right, there are the lows. There is no support here at all, right? None. Absolutely nothing on the NASDAQ till $26,288. Are they going to do it? They're going to run out of time. We have another hour though until the uh futures market closes.
So, 1 hour, 1 minute, 20 seconds on this before it closes. Um, does they close this thing at 5:00 p.m.? Nvidia 181. Just saw lows of day. Oh my god. We just got to look at it real quick. There. There it is. Um 181 down 9.2% right now. 9.26%. Yeah. Lows of day and unfilled gap. Like that's the target.
The short-term target on Nvidia is 178. Unfilled gap from April 8th. We got a meltdown. And I guess you know really it is true spider less than one minute. We have 30 seconds until the closing bell. Let's see what they're doing. 30 seconds, chat. Are they going to push it to the new low? It looks like they're really trying, man.
Unreal. It is lows of day right now. 7:32 71. We just saw 10 seconds till the closing bell. Thanks for the line man. He would be proud. All right, there it is. Closing bell confirmed the single largest dollar sell-off via market cap in the history of the stock market. Look at that. Right out the gate, the S&P 500 closes and it's down.1%.
So, the selling, you know, it's going to be illquid and all that, but the selling just almost immediately continued as you can see this little blue line there. Um, wow. S&P futures also at their lows right now. Let's go to it so you can see because this market. Wow, we are at the support chat at the support.
NASDAQ alert going off right now. The VIX is still climbing with the market close. Oh my god. 67% on the VIX right effing now. This is insane. Where's the popcorn, man? Entertain me more. I guess this is crazy. Yeah, we got history, a historic live stream, historic day on the markets. The VIX isn't even done yet.
Um, wow. You know what this crazy 15 minutes to this closes and we were looking at what it could be and this would mean if it closed like this understand if it closed like this it would be the third highest VIX ever in a singular day because August 5th 2024 was 65%. February 27th 2007 was 64%. We are currently at 68.49%.
49%. So, in order to become second place, this would have to close in 15 14 minutes. I don't know why it's like a 14-minute close. Um, this is at highs of day right now. 69.76 chat. Only need 4% more for the second highest VIX ever. 4%. New highs right now. This alert just goes off. Wow. 2816. No, it's not closed yet.
Still open 15 minutes. I mean, I guess if it the market closed where it's at. I don't know why it's still moving, though. It's weird. I don't know why the VIX closes 15 minutes after close, but it doesn't it's not in line with like all the index fund futures and stuff. It's weird. Tomorrow it's down 20% probably.
Yeah, probably. This tends tends to be what happens. typically doesn't just it pro it pretty much doesn't do what happens like in April 2025 it doesn't do what it did in 2024 doesn't do what it did back in 2020 it just doesn't do that okay so yeah probably will be down 20% tomorrow maybe 30 40% tomorrow assuming the selling doesn't continue what's up fill in the UK man it's getting late over there in multiple ways if you know what I'm saying the the hour is late hour certainly already completely taken over the UK.
My god, dude, what a close. So, yeah, I think it's not I don't think the VIX is going to be climbing anymore. Uh we we can look at the futures real quick. So, you can see the NASDAQ right here in no man's land. There's no support around it. I'm just kind of scaling in so you can just see how close we are to um these are 4hour candles.
S&P is sitting at support. So maybe it bounces. Probably gonna get a bounce in the NASDAQ. Uh but look at this Dow Jones Industrial Average. Oh, it's just near its lows. I mean, lower than it opened yesterday. Insane. What a crazy bamboozle. All those candles wiped out in one 4hour candle. Roast 2000 also just disgusting, man.
The Nikki, as I'm speaking to you, is at its lows of day. It is currently down 9.25%. The Nikki is nuked. Nikki nuke. All right, I've got alerts. Let's see. I'm going to set up this alert real quick. If we ever get back over 28, I'll hear a beep, but probably not. I just think cuz the markets stop. I mean, it's like the selling should probably the volume's going to dry up and everything seems okay.
Okay. Like a fruit fly. Buy like a fruit fly. I'm just saying. Okay. Compared to where we closed, what if Trump blasts Iran tonight? Well, I feel like I mean, doesn't it seem like he probably will at this point? Like, he has nothing to lose now. Isn't that like I mean, I guess he had nothing to lose before the midterms, too.
Hence why he was just not doing anything that uh he promised he was going to do. I mean, like, hey, you win an election based on promises and then like you just stop fulfilling them or whatever. And then it's like um okay, you give 98% 96% of all the jobs since he was elected to women and H-1B visas.
Um yeah, you kind of like what do you expect to happen? Dow Jones futures right now on the top right is at its lows of day. Uh S&P is pretty much there too. Just I'm just scaled down really hard so you can see this. I mean this is like the live action screen we got to kind of have man. It's like Dow Jones load loads of day right now.
Insane, dude. Win circle. Oh my god, the VIX just hit over 28 again. We are on the cusp of the highs of day. But a VIX again. We are less than 5% from the VIX. If it closes in 10 minutes, it would be the second highest close in the history of the VIX. This is crazy. if you're uh not and and we do have a low of day on every all the index funds right now are hitting lows of day.
Are you kidding me, dude? Look here. Look. Listen. VIX 70.54% up on the day. Are you kidding me? We have this would be the third highest close in the history of the VIX in 10 minutes as everything is going lower after the market uh just closed. The VIX is at 70.72% highs of day, highest level seen since March 31st right now.
Up 70.72% chat. This is insane. We are uh watching the the Nikki is down 9.52% right now as I'm speaking to you. Very very bad boys. Very bad boys. Okay, now it's now a little bit off of 70. Maybe we could take a breather, man. Maybe we could take a bre No, maybe not. Dude, anyone seeing this chat? Uh, I figured I'll be like freaking out a little more.
I mean, dude, we are at Dow Jones lows of day right now. I mean, NASDAQ 20 cents off lows of day. S&P pretty much at lows. They're all Look, right now, the Russ 2000 is at its lows of day. And we're talking this is 60 minute on the Russ 2000 so it's off but like this yeah in the past four hours it is now right now after the market closed lower than it was in the past four hours.
Insane nice dude TNDM yeah healthcare I guess is like it dude okay crap the VIX is back above 70 70.6% right now. Very very bad. What's up six? Our music stop. All right, dude. Let's get some more music going then, huh? It's very quiet music though. Very subtle. Red wedding maxing. Yeah, this has eight minutes.
So, we're just going to stay live until we can kind of see that maybe the index funds futures might be bouncing a little bit [snorts] or the VIX closes. One or the other. So, eight minutes to go. What's up, Chip Looper? Thank you, dude. Buddha, man. We are birdhouse. What's up? No turkey this Thanksgiving.
Yeah, for real. Turkey sandwiches. See, there you go. The S&P at support right here going back to May of this year. Uh that is what they're trying to hold on to as the market has closed. We got these really scaled in so we can see it tick by tick. the VIX, the futures, that is all that matters. Gold uh has lost some of its gains.
Uh it was up a percent and it's it lost half of its gains today or almost since we last looked at it's only up 65% today. So probably not great for the medals. I mean right now. Jeez. Yeah, catch me naming. Well, you can just go check my portfolio on X if you want. It doesn't really matter what you say.
Like what are you what are you talking about? Like I don't even trade. Like okay, dude. You know, I've been here like nine nine years, right? Providing value for free. Like talking about this dude, it's like this dude never monetized ever on YouTube. This dude you're talking about never one time accepted money from an entity and promoted it to my viewing audience, including you.
should go find another dude that does that. Dow Jones at low a day right now. Blammy is the beginning of the end for us. Notice how there were no riots when we lost though. Is that a joint? My god, I almost played Jesus times of that. Uh yeah, no riots cuz uh what's a riot about? Like it's just horrible.
Like US politics in general, the government in general just horrible. Just everything in the government just like throw it in a chasm. Throw it in a ga a chasm. All of it. Burn it all down. The government at this point. That's the way I feel about it. It's like crazy, dude. Oh god. MCHP probably going to get cooked, right?
Oh my god, dude. Vix at 70 again, dude. Five minutes until the third highest close in history. I'm staring at it. Got it up on one of my screens. That's good. Cyrax. Yeah. Well, I mean like I think kind of what happened with the the political the the sweep the Democrat sweeping was a black swan kind of.
not like too much of a black swan, more like a gray swan, but it's just like overall showing how like left everyone voted. Um, I think this is like in like some of the people that won like the governor of Texas like whoever whatever her name is, she she ran on halting all data centers. So she did she just ran on that.
And so it's like, okay, that's horrible. like that. That's like the worst piece of data you could ever receive for any sort of semiconductor company or AI company. Both really bad. Okay, so just VIX is fluctuating between 69 and 70 right now. Doesn't look like it's going to go much of any further. Looks like the S&P is getting a little bit off of that low.
48 minutes till the futures close. It would be wild if it continued to sell off really. My god, man. We've been live now hour and 15 minutes. If you're enjoying the stream, hit the like button below. So sub. Thanks for being here. Okay, we're waiting on the history of history. We're waiting on a bronze medal in four minutes.
No, I mean like it was already over anyway, right? The Socks had already confirmed a top. They tried once and twice to rival the all-time high and they failed. That typically is it, man. They they're confirming that there are far less participants involved in the market than before. And that's what we know about confirmation highs, dead bounces, all that.
Yeah. Yeah. And then when that that last little support broke, it was over and it's just been getting blown out ever since. What's up, Dow Jones, man? Kangs, dude. Thanks. Yeah, dude. Apple beats everything. It's great because it's a defensive stock, which is so wild, right? It's like they just treat it like that.
[snorts] Still just waiting, man. 3 minutes. Okay, we're running out of the clock. 69.94% on the VIX. Can it get any worse in 46 minutes? It could, but I mean, you just think probably not because of the spider at support. The market's closed. Uh, you would just think maybe not. SPY daily not even oversold.
Oh my god. The VIX, the volatility index exodus. The volatility index is literally just the fear index. This VIX right here, just think about how fearful people are in the market. collectively. That's this. And that means people are more fearful now than they've been since March 31st. Okay, make sense?
All right. Two minutes, chat. Two minutes till the VIX close just so we can be here for the somewhat historic moment. I mean, I don't know. I think at the VIX it's its third highest close ever. It's insane. Just watching these futures, watching the VIX. We're the current third largest close on the VIX.
August 5th, 2024 at 65%. Currently at 69.4%. When to buy dips? Well, here we're not looking. I mean, you can dollar cost average all you want, every day, every two weeks, whatever. You probably should if you're just like not trading and stuff. But if you care about technical analysis and and you utilize technical analysis as your riskmanagement tool for making decisions on trading, you want structures to be uh created, developed, matured, and you want them all to develop conclude their development at key inflection points.
So that takes time. So people be coming in because they're newer, you know, and they're just worried and asking questions about what's going to happen in the market. But this is like a swing trading, position trading channel community. Okay? So it's different what we do here. We're not we're not trying to find the bottoms.
Typically, we're finding the second or third bottoms. uh because when you find the second third bottoms that's when we're getting evidence pieces of data that would uh imply that there is accumulation on an asset or that there is confirmation uh that a key level is holding. So on days like this it's really rough and look I mean there's not really much holding.
NASDAQ's pretty much at its lows. Dow Jones, Russell 2000 all pretty much at their lows right now. S&P off a little little off. 20 seconds till the third highest close in the history of the VIX. 20 seconds. Oh, the market is dumping with all this volatility. Cyro, what do you mean? 9 seconds chat till historyish kind of history.
Three, two, one. It is confirmed. Jesus chimes. Third highest close on the volatility index in a singular day ever. Third highest only. Third to February 5th, 2018. uh VIX day that was 116% close. December 18th, 2024th, 74% close. This was 69.7% on the close. Incredible. So, there you have it, man. There you have it.
Bronze medal, but we have a gold medal on money lost on the market collectively in a single day. that happened today. Confirmed. Look at that candle after the formal bearish back test, too. So beautiful, man. The 4 hour was even more beautiful. It was like, "Dude, you're about to die. You're about to die." And they were right like like the market participants see this is real technical analysis right it's like whether you're going to short it long it get out cash it up like this is data like these are the things you can utilize to protect yourself if you see that I don't think I like that at all and look at the resolution after they confirm support dude it's not my opinion man this is not my opinion this is just reality okay and so you're waiting now on the NASDAQ to hit $26,200.
Uh Abdul, why don't you go take a look at the Nikki? Nikki is down 9 plus%. NASDAQ down 6.77% on the day. Disgusting. And if you care, a little bit more downside. Okay, just for good measure, there's another 1.3 to 1.78% downside on the NASDAQ before you see any sort of real support resistance area.
Oh my god, Echolie. I can't wait till sweet sweet greens earnings, dude. I'm so excited. Good news. And all this Bitcoin is just trading at kind of the same price, guys. What was it? Yes, it does. It's a big point. Was I What was I talking about? What were we talking about? Is that a joint? It does.
Maya, Maya, what? Uh, okay. Okay. Yeah, dude. The QQQ the bear shabban baby was legendary. Should be an NFT to be real. Chance for downside more down a little bit on NASDAQ about 1.3 to 1.7% downside just to go test this level and there might be a bounce there. They might frontr run it too of course but okay Nikki B.
Yeah. Yeah, sure. But it doesn't matter. It's down more. You were like oh you see this US dollar. Okay. Okay. Well, the Nikki's down even worse. And Cosby, forget about it. The Cosby is going to be an instant circuit breaker at open. I think it's tonight at like 9:00 p.m. maybe. So, that'll be interesting to pay attention to.
Nikki follows it. Nike. Yeah, dude. For real. All right. Yeah. Well, it's been been a good stream. I mean, like, you know, coverage, but I know the market horrible. A lot of money lost today. But, um, thanks for everything. likes, self support, contributions, everything in between. And I'll be back.
It was a historic day, so I'm I'm at least grateful I got to cover it with you. Thank you all for coming by and saying hi. And uh we'll reassess tomorrow. So until next time, respect the T A Hey, hey, hey. Heat. Heat. Hey, hey, hey. Heat. Heat. Heat. Heat. Hey, hey, hey. Today, baby. Baby hey hey hey hey hey hey hey hey hey hey hey hey hey hey hey hey hey hey hey hey.
hey baby hey hey Heat. Hey, Heat. Hey, hey, hey. My name is JP. I am a robot. I like robots. I have a robot vagina. I have some evidence van bear pig could be in this area. And then just like that, my god, like as I'm speaking to you, NASDAQ futures at lows of day down over 7% right now. What the heck?
What the hecky? Again, we got a little like 1.3 to 1.7% downside before we see any the pull at resistance areas. Insane devastation. So, the VIX would be even higher. It'd be at 71 plus probably right now if it wasn't closed. Uh, adios, tur nuggets.
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