원문 보기
as the stock market comes crashing down today Ray doio gives us a warning and tomorrow is the big day so let's go ahead and jump into today's video now if we start off look at the fear and greent decks once again right back down to extreme fear we are sitting at 23 now earlier today we saw the fear andred deck get up into the mid fear territory and early on it looks like stocks had the potential to Rally up just a bit however when we come over look at how the N is red across the board the Dow was down 649 points that NASDAQ was down 497 points S&P 500 down 104 points with the Russell 2000 being down 5.86 now when we look at Advanced issue versus declining overwhelmingly there was more issues declining on the day 76.5% of issues were declining then we come on we look at the sectors across the board only three sectors were in the green real estate and consumer defensive both up 35 so if we look at it wasn't only thep come crash back lower over the weekend we saw Bitcoin rallying up only to come right back today giving it up speaking of giving it up if we look at the dollar Index also on the Move lower and with the dollar Index on the decline what do we think that's happening with the gold market if you said bouncing up higher give yourself a pat on the back gold was up 53.7 points on the day now we look at what Ray alio has to say he warns us could face a surprise debt crisis AKA heart attack within the next 3 years and a BAS basically what he's talking about is the debt Doom Loop and what this means is we have to borrow money to essentially pay the debt and just like every other Ponzi scheme out there it is not able to sustain that and eventually goes poof boom down it goes now this afternoon if you come over and look the S&P had an entire range today of 178 points I'm talking about the Futures markets it was able to come all the way down taking out the lows of Friday and actually hitting this untested point control down here at 5831 and a qu now with a little bit of good news out there today we actually see oil prices plunge as OPEC plus confirms output hikes amid pressure from the president now we come over and take a look at crude oil real quick let's go ahead and look at what actually happened in crude oil when that announcement came out we saw crude oil basically cratering substantially lower and now here on the daily chart crude oil continues to go lower and lower and lower and again this should be good for us the consumer at the pump we take a look at the volatility index spiking on the way up the vix closing out the session at 16% whenever the vix has a move that's greater than 10% plus or minus that it means within the next one to two sessions we're likely going to have an adverse reaction so since the vix was up today and the stock market was down that means tomorrow or the following day has a very high probability of actually being bullish for the market we come over look at the q's though look at the q's absolutely giving it up smashing through Friday's low however is this a little bit of an overshoot is this essentially going to go ahead and trap some of the lower level shorts getting ready for a push back up we look over here at the NASDAQ and we measure from the high down to the low notice the NASDAQ has now dropped 8.71% however something that still has not occurred if we look at the 200 period moving average the NASDAQ still has not come down in tested the 200 period simple moving average out here for the qqqs now if we come over and look real quick what caused all the destruction out here in the stock market today Trump dashes hope for last minute Canada and Mexico deal ahead of 25% tariffs and essentially what do they say they were going to go into effect on Tuesday now is this the case of the market overreacting to that news and tomorrow could be nothing more than a major buying opportunity or is tomorrow going to be another blood bath out here in the stock market let me know your thoughts in the comment section down below now if you think all this ended with just Canada Mexico you'd be absolutely incorrect we can see right here Trump signs order for 20% tariffs on China and this came out at the very end of the day so nobody is going to be spared with all these tariffs and the question is how bad is it going to be out here for the stock market now if we come over real quick look at the Russell 2000 notice we still have this larger ad ADB equal CDD pattern to the downside at about 2.34 when we look at the Mac the indicator on The Daily charts no notice there is no give yet we have a good separation of lines still making a Bel line for lower prices we look at the Dow Jones Dow Jones broke the low from Friday however was able to close up a little bit higher so now that the Dow had that little bit of a move down today if we look right over here to the left that was enough to fill that Gap however if we look a little bit lower we have a much larger gaping Gap a little bit below where the current price is and again similar to the Russell 2000 the Mac the indicator showing no signs affirming up at this moment there is a good separation between the two lines so again it's a little bit early to go ahead and say you know what the bottom is in let's go ahead and jump on board and hang on tight now I want to make everybody aware there's only one day left to take advantage of apex's massive 80% sale off all their evaluation accounts passing as little as one day and if you want to take advantage of this software use the link in the description box down below and use promo code M cat checkout come on we look at the spy Spy today breaking the low and again the Mac the indicator still looks bearish at this moment you also look the Spy was able to come down and essentially fill this Gap right here but now the question or the concern would be are we going to go ahead and break below this low right here that low on the Spy comes in at a price point of 575 135 if that low breaks and we can stay below it watch out we're likely going to get substantially lower prices from here and the question is is this the start of something even more Sinister out here we look over here on the 4our chart what do we have going on Mac the indicator still looking extremely bearish and on the 30 minute chart once again as price came down and made another new low look at the Mac the indicator did it make a new low the answer is no could a bounce beat in the cards in the near future yes I do think that is most likely going to be the case however is it going to be nothing more than a tradable bounce to go ahead and get short for another leg down something that I do want to do is go ahead and pull a Fibonacci retracement right up here from alltime highs down towards the low of today now if we do go ahead and we break today's low tomorrow or the following day we have to adjust this Fibonacci retracement level but I want you guys to pay very close attention if we start bouncing back up maybe to towards the 50 or even 61.8 then that could set up a larger ABC pattern on the way down maybe even giving us as much as a 20% correction to the downside now as we jump over and take a look at the Futures markets real quick what do we got over here on the 4our chart a massive Wick and I really like how this candle formed notice what we did basically overthrew the lows out here from Friday pushed it on down said uhoh no more sellers the buyers pushed it right back up as I'm looking at this again I I expect this area to be filled out a little bit on the profile aka the market spend a little bit more time in this area as it tries to make its way back up towards this high volume area on the price chart however and one of the one of the targets that we talked about this morning would be this high volume node however I just did not think we would make it quite as low as we did today then as we jump over and start looking at the daily profiles look at that we hit that 5831 and a qu and now we are slightly back above back above the lows from Friday now I want you guys to pay very close attention notice on Friday here was value area high that was left behind and we closed above it and what was the rule behind that that either today or the following day we are likely going to come back and revisit that and that's exactly what we did on day number one well now look what we have except for in the reverse direction if you look right here this is going to be value area low coming in price point of 597.51 56.0 then we have value area high of 59.99 A5 so it's going to be a high probability Target that either tomorrow or the following day that the Market's going to make it all the way back up here towards in London New York session opens Boom the market tanks back down however let's not get too complacent because as everybody gets accustomed to that type of pattern what does the market do oky do rug Poole and again we don't want to be trapped on the wrong side of this market now if we come over look at the economic calendar today you can see the economic news that came out was not all that great and what do we have on deck for tomorrow tomorrow we have no major economic news to report on yes we do have an FC member speaking however other than that very light in terms of news now I do expect that tomorrow we are likely going to see more headlines in relations to tariffs and things as such maybe maybe Canada or Mexico will come back with some more rhetoric or even China you know tip fortat type of tariffs on the US and again we're going to see how the market un handles this uncertainty now if we look at the cues notice the Mac the indicator on the daily chart showing no signs of firming up at this moment now one thing I do want to pay attention to if indeed we end up getting a bounce over the next couple days we want to pull our Fibonacci retracement from the swing High all the way down to the swing low 38% retracement would be the first area I'd expect the market to come back to but more likely not we're make it up towards the 50% level if we break this low tomorrow or the following day we'll just simply have to grab that Fibonacci retracement and just move it a little bit lower so again right now it's a little bit early to determine that the turn is in place 4our chart macd indicator looks horrible but you can see but you can see we're starting to put some distance between the zero line and where the Mac indicator is so do I expect it to firm up in the near future the answer is yes however that could be nothing more than a tradable bounce to get ready to give us a better position back on the sell side of the market we look over here on the 30-minute chart notice Mac the indicator continues to make higher lows as price continues to go lower that is something we most certainly want to pay attention to and tomorrow since we close right near value area low if we're trading above value or low tomorrow I want to start to focus on some of these distribution notes on the profile the first one being about 50383577676 , 757 the one other one way up here would be about 21,1 161 now I'm not saying we're going to hit these levels tomorrow but I'm saying once we start seeing a bounce on the intraday charts these are going to be some additional target areas we can focus on now as we come over and start look at the daily profile today we had a 804 Point range on the NASDAQ that is absolutely massive and just like the S&P 500 notice what we're doing we are closing well below value area low which comes in at 20,733 we have the pointy control up here about 20936 with value area high being 21,100 now as I'm looking at this I do expect valer low to come back and get tested either tomorrow or the following day that is the rule set behind whenever we close outside of value but also we can also look at some of these Min development areas like we have right over here now this isn't that much of a Target up higher about 556 up here towards about 609 but again I do think we're going to come back at minimum auction through this area are then you'll see you know can we clear that area and potentially come up towards value area low now if we Zoom this out a little bit do we have any other point of controls below us and I really don't see any point of controls in the near future there is one way down here at 19333 however I don't really think we're going to make it down there tomorrow if we do there's probably a lot bigger problems to worry about out here in the economy in the overall stock market now if you want to learn about take-profit Traders Pro Count versus the Pro Plus then make sure to watch this next video right here
Comments 0