All right. Well, good morning folks. Shooter Scott Henderson and hey, we are going to go over questions and technical analysis this morning in our town hall meeting here on July 16th, 2025. Of course, those of you who join me, I appreciate it. Let's jump right into this. So, let's start off with a monthly SPY chart. And I just, you know, once in a while, I like to come out. I like to get grounded, you know, on where my thinking is. And that really is in this kind of market when I think we're getting overbought. You know, this is how I sort of calm myself down. I just look out to the larger time frame. And you know, right now we're targeting the 618 off of this this low or what is it? May of uh 25. And note that our extension off of our March of 2020 low, we basically accelerated and we hit the 100 fib before we put in our retrace. So I would say that we have a very strong viability to come up here and hit that 744 um off of this breakdown. Now obviously if this is a month out there we're talking 16 months out probably 14 16 months out minimum is sort of the thought but let me drill down just a little bit deeper and you know obviously we are testing a little bit this morning. We still haven't failed the ledge you know until we break below this what is that 616. It really has done nothing wrong. All it's doing is building out this this flag kind of thing to the upside. Now, if you look at structurally, we have peaking drive one, peaking drive two, and peaking drive three. If we come down to the 4 hour and look at that, you can see the little mounds in that, you know, boom, peaking. So, we should get a back test, you know, probably to that 616, maybe even down to 614. I don't think we'll get down. We have need more of a catalyst for us to get down to 611. Um, all hell really doesn't break loose until 60468 breaks down. That's sort of the thought. But if we look at our structure, this is peaking drive one, peaking drive two, peaking drive three. So, we've got this sort of so we're extending the way that I see it, our structure a little bit because we put more of this flat in here, which usually just means it starts over here like so. It's it's basically telling you, hey, I'm going to extend this distance from the med length from this 4725 low to this 523 high or higher low. So that would be my thinking. So I would see something like this. And basically what I'm seeing is three of these. This is one measurement. This is two. I think we get a third one. So you know, we could push way the heck up here, but it's probably going to be flatter. That's my thought. So, we might get up to 634, 635 unless we break down below that 604. That's my thought. All right, let's look at the NASDAQ. Same structure. You know, peaking drive one, peaking drive two, three, probably get a little bit of a back test. I would say that 548 holds. Really, nothing breaks down until we break below that 53916. And right now, I'm using that 53817 as my risk anchor or my second area to get a stop. Let me go back to the spy and note where I would be running my anchor here. My anchor's down here on this line, but I'd run it off of this wick at 608.99. All right, let's start going through some names. All right, Tesla. I still like this. We got a little time to earnings. Um, I did not like the way the bank started out. My first instinct was to run start closing positions, but obviously I took yesterday afternoon off and of course the market dumped. So, I probably should have put on some TQQs on Monday. However, we still haven't broken down that much. I mean, we're still in that upper band or that shelf in the NASDAQ and the S&P as well as the Russells and as well the Dow. So, but I like I'd like this to get back to maybe this fair value gap down here around 306, maybe right in the middle of the gap and it might give me a shot um you know chasing back up to this 340 345. I think, you know, the one thing about triangles or diamonds or wedges or whatever you want to call them, they manifest 70% to the upside. So, I still like Tesla. All right, let's look at Hood. So, the initial anchor on Hood was that 681. And now our next anchor, we should be running a minimum of 85 here, but I would step that up to the base of the body here of 9359 because this this is not slowing down. I mean, this is not this is a an extremely euphoric trend. We might actually see four, you know, as far as our our drives. Peing drive one, peaking drive two, peaking drive three, we can see a four, which by the way, we don't go over that very often, but you know, Elliot Waves likes three fives and eight. So, usually if you're going to get more than three drives, you get five. And like once a century you see anything more than five drives, but almost everything is still three drive structures that we look at. All right, let's look at AMD. I really like this even right now where we're at. Um the uh uh 57s are what I have a little piece on there. I only have the 25th because I just want to stick my toe in the water there a little bit. Reason I see this accelerating, I see this as a a flag structure. So when I come back and I think about the pattern, what I'm seeing is this entire thing is a flag at least visually. So I would say that we could target at 1618 or 618 at 182 easy. And this is going to track with AI. I think it's two months behind all of the news we're getting now on the AI data centers. So, this was one of the names that I I posted on Twitter about the secondary benefactors from what's going on between Washington supporting the AI infrastructure in that initiative in the billions of dollars that everybody's still to invest. I mean, really, I bet you we haven't even put a drop in the bucket yet. I bet you we spend5 to10 trillion dollars on AI infrastructure by the time we get all said and done. All right, let's look at JPM. Now, we took a little trade on that and, you know, we closed it out for a $6 loss because it didn't do what I wanted it to do. So, we're sitting there flat in 275 cash secured puts. Done nothing wrong. You know, the anchors I would be using are roughly 10128 and uh 27211. Um, if you're going to run anchors or run stops on a cash secured put, which I usually don't unless, you know, I just have alerts set to remind me, so I take a look at it. Now, ASML, I I'm forgetting the name of the CEO, but whatever the heck he said did, we did markets didn't like it. We are going to be sitting on shares there because they will get put to me on Friday, but that's what it is. Next, okay, Goldman Sachs put a little piece on, you know, we closed it out. Um, roughly at about 46% gain. If you're still in it, your anchors are 43938 and 62365. And it's right sitting on it right now. It's really done nothing wrong. All right. Now, Netflix, I just went $100 deep on this one, you know. I wanted to piece on with it. Um, I took the 30-day um average move and just doubled it, you know, because I thought that was a safe place um or a conservative place to get a piece on and get paid and collect the premium and move on to the next one. However, if you're in that, you want to track your uh con confirming trend support line, the 16271 and the 118061 is what we're going to use. And then we're going to go through Taiwan semiconductor. Now, we put on both a call uh and a cash secured puts. We got five bucks on the call. Close those out. I'm still holding the 18th 225 cash secured puts. I'm going to just let them expire worthless. I still like this for a second and a third peaking drive here. I mean, worst case scenario, we end up putting a flat here and it takes me out at 238. But even still, those cash cured puts should expire worthless next. But structurally, I want to come out to this and I want to look at the monthly on this chart because I want you to get a visual of how big this trend is, the longer term here. And realize I'm only measuring my second mound. So I'm I'm sitting there I'm projecting the 2618 at 348.886. So I mean we could get all the way up to the 3618 or the 4236 way the heck up there in time. Um if we continue to have this mass buildout in AI infrastructure. All right. Looking at Baba. We put a piece on there. Uh the 815 125 calls. Forgive me. I'm going to come down to the daily on this one because it's going to be too noisy otherwise. Now, it's not taken me out yet. I put a quarter piece on because I wasn't quite sure about China. I don't really trust any of this Trump news. Reason is is a flip-flopper. He likes to change his mind. So, um we're just going to sort of see how that plays out. Now, Galaxy, I also posted in chat it is working. Um now, I did not put a piece on this one. Remember exactly why, but I remember the setup was there. And for some reason, this was on my radar for AI. not recalling exactly why this second. So, you know, our first target is going to be up around 28 bucks. You know, um $20 cash secured puts, you could actually go up and do 23 through $25 calls and you're probably being conservative there. So, as far as a anchor only because we haven't gone through this, I would I give it a little more room maybe to our wick here. So, your initial anchor should be 820 and then roughly 2046 2040. And that's how I would do it. All right, let's go ahead and jump to the July 7th week. You know, I still like Apple here. Um, I haven't put a position on yet. I'm trying to find a reason to get on board. Um, if you did put a position on your anchors 16452 and 202, however, that can be moved up here. I mean, if you wanted to, I was trying to keep this whole flight. My whole structure was this sort of flat that we were in and we went out and tested it to get out. When we get out, we're going to start moving. So that 1618 at 228 is very viable here. Okay, let's look at OSCR Oscar Health. It sort of dumps, but I like it for another entry here. So that's one reason I have it flagged. You'll note once a chart gets on my radar, I often go back and I visit it simply because it just wasn't its time yet. It doesn't invalidate what I see. And what I see is a huge broadening formation. So I mean the the original broading formation was here. So it overshoot overshot it. All right. And we always they're much more euphoric coming back. So you know this is drive one, drive two. So this is drive three. And what can drive three always do? Overshoot. So visually I'm always thinking about, hey, why do I need to get back in here? So as long as this 1413 holds, I see no reason why you couldn't build a position out with this. And I think it'll pay really well. You know, thinking 50% back is 18 bucks. and, you know, viable. You know, the way that broadening formation measures, we're looking at roughly 25 bucks. All right. So, now I'm going to flip over and I'm just going to go to uh either my blue or my green names. Now, team, again, I like this is for for another shot as well. Reason is is because it hasn't broken down below this low. We have clear divergence here. So, whatever put comes in as a higher low here. It's just it wasn't its time where we it got rejected here. We'll have to see. I' I'd like a little push to the 2011 fair market gap and then went on that back test around 192 I would think would be where I would like to jump back on board. All right, Soundhound haven't changed anything here. We're just sitting, you know, it was a yield play. We're long uh 1020 covered calls. American Express, I still like this longer term, you know, as far as a position trade. Again, this is my thesis for somebody who's got to work for a living. This is just a great stock to come in and sell, you know, 295 to 305 cash secured puts and rinse and repeat. Now, OMDS has really done absolutely nothing wrong. You're safe and anchor. I would say that you can move up to your wick at 212. Um, however, you know, this is another one where I've got $2 covered calls sold and 350 covered calls sold. So, it's it's just doing what it's supposed to do. um take me out on those and make money in the time frame. That's so that's uh where we're at. All right, grab same scenario. Um anchors are now a little deeper at I'm going have to go way the heck down on this one. I should have moved that tab up. We're going to do it right now so I don't have to play with it next time I look at this chart. So the lower anchor is 2 219 and the we you actually we can move up here if you wanted to, but I'm not going to sell it. I'm gonna hold it. Period. I'm in at that five bucks. Um sitting on those covered calls. But I mean, realistically, if you bought common shares or did something different, you can move it up to that 480. Hiatt is starting to reject just a little bit right around that fair mark value gap. I mean, right at the gap. I mean, you could take some profits here if you wanted to. Obviously, if you're in it, but it has done nothing wrong. Anchor is still at 10243 for the base of it and 14637. And then let's jump and look at HIMS. Now HIMS here again doing the same thing. Uh turning something into a yield and sitting on it until it pays. So you know we've got these till August. Um I expect u the common shares that I have well the two the two well actually have three lots. Um I expect those to get taken from me. Um and then the cash secured puts to expire worthless. And I'm thinking about do I want to buy something else like maybe around $50 cash secured puts because actually this the range this has been in and where it just sort of sticks. It has its move and then rejects builds out a flag or builds out a mound kind of thing and then it's going to recover. So I would expect us to at least recover to 57 but I think it takes out the 75 bucks. I think it just keeps growing. I just the structure to me just looks too big. All right. Big sky. Talk about a launch. I don't remember exactly who posted this in chat. Caught my attention and I threw it out in the room. I think we were down here around 1450 and this thing is just run. We can move up our trailing stop again to the wick. I mean, you could go to 50% of the candle because yeah, but I'd actually I want to see where this runs because it's still running. It's not slowing down. I mean, you can leave your stop where you are. Actually, I'm seeing this as a flag pole. You know, this from this base here. So I'm looking at this as an ABC structurally could potentially get us up to that 1618 at 35 bucks. So just trim and trail and hold. 615 is the base and 2450 would be the new stops I would say. All right, let's look at IBIT. We ran into a little resistance after that push. So I see this uh you know I didn't spend a lot of time on this chart for today but I mean at least prepping for this. So, first thing I see is the flag, you know, and I always because that to me is just bullish. All right. Now, a descending wedge, which again is bullish. So, maybe we build that out here. So, maybe we build out maybe something like this and then launch again. Historically, it likes to do that. It did it here, did it here, did it here. So, yeah, did it here. You know, I I would say that's very viable. Back at 63 bucks is a next entry point as far as that look. All right, let's look at FDX. Now, we are stopped. If you you were in it, it took you out on both sides of this. So, obviously, we don't want to have an open position at this point. Get back down here. We'll revisit it. I still like FedEx as a recovery play in the economy just because it's too much of one of our generals as far as stock. All right, let's look at JB Whitey. Now, this thing has just done nothing wrong. Look at this thing that's going up another three bucks. I moved this yesterday. 1202, I think. 496 is your lower anchor. 1206, 1202, or 12, whatever. But I'm going to say move it up to the wick of this candle at 1443 cuz it's got to slow down. I'm going to go out to what am I on the daily here? Let's look at the weekly. Yeah, we're we're pushing uh all-time highs are at 1692. I think we get up to 2150. So, I like this. So, if you get taken out of 50%, I'm good with that. We're confirming on RSI. This is just like a moonshot as far as I'm concerned. Not only that, I like the thesis. You know, Kirk was I forget the name of the stock he posted as far as drones, but that's this ultimately is, you know, a type of autonomous AI kind of um aviation product is what they put out. So, I like that to the upside just because of the thesis. So, let's come out. Let's look at SNPS. Now, we are right now testing our trend support. Now, done nothing wrong. All right. So, your anchor here is 36574 and 53434. I'd leave that. You could push to the base of the flag, which is why I said you're pushing on support. I mean, you could. I want to give this a little room. Reason is I like this flag. I just like the breath of that flag here and how clean and decisive that was. So, long as it doesn't break below this roughly 5 544, you know, I see this as an ABC up again. I think I've already done this once, maybe in last week's video, but equality to me is up here like this. So, I see 618 as being totally viable. That's just my thought, you know, as far as that look. All right, let's look at Unity. Just kept going, man. Took me out on I've still got my $45 call. It took me out on my $25 calls with a really Well, now I'm going to say put it to 50% of the gap. However, you know, when I talk about I have a, you know, I have three different B. I have what I call intraday trades. Um, then I look at swing trades, you know, short-term, midterm, and long-term. All right? And then position trades are different. Unity is a long-term position trade just like Space Mobile or Rocket Lab or even oust, okay, as an example. Uh, the reason being is because structurally the micro and macro of those stocks is so much bigger than just a trade. You really want to put some different rules in there. So, if I get stopped out of 50% of my position on Unity, I'm going to be looking for a way to get it back on, you know, and you know, structurally, the way that I see this is we're in this ABC structure now, and equality puts us up here around the 618 potentially with an elongated C. All right? Or an extended C. All right. Um, let me look at MP. Now, MP to me, I would have taken profits yesterday. All right? So just structurally reason is we got two gaps. All right, we wicked off of our top here. Um the acquisition news is going to be whanning, but technically where you should put your stock your anchors if you're still in it. Run this 1864 and then 50% of that green candle using the 5598. That's my thought. All right. Now I'm going back to my next CH. We got stopped. You were still in it. I'm just going to leave it there. I mean, you could hold a little piece here up to the 382. Uh, but I would suspect us to roll back down to the maybe this fair market gap at 41. I've got an alert down there set. So, when that goes off, I'll look back at it. All right, Cava, we got stopped on a piece of it because we were running that tight stop right up here. So, you should probably have about a 50% position on. Don't add anything back until we get above this 92 9280. Um, then the same scenario. This really is not a longerterm bet for me till we get over that 10174 just like I've said. All right, let's take a look at um our VIX. Now, even with this little volatility, we're still holding the $50 cash secured puts. Those will get put to us. I'm just going to sit on them and if I don't get a uh six weeks, I'm going to give it I'm going to sell some covered calls on it right at 45 just to um get out a couple bucks in the money and then I'm done with it. Um rinse, repeat. But um with this volatility we just saw, I see no reason why we don't get a bid to get out. All right, looking at PLTR, done nothing wrong. This is another position trade view for me. You know, I'm I'm looking at 1618 as an extension. Then wherever our back test is, I get interested in chasing wave five. So structurally, the anchors are 615 and 13232, the lower part of the wick on the second general candle. Um that's just the way I view at it. It's done nothing wrong structurally. Um, you know, we're still peaking drive one. We're building out peaking drive two on the larger structure and we're going to get a peaking drive three up here as well. All right, let's look at ENVX. Done nothing wrong. I had so many charts I was looking at last night. I didn't get to them all and it was after midnight and I said, "Well, sorry. I'm going to bed, folks." All right, so I would use 527 and 1319. Again, this has done nothing wrong. little difficult to measure fibs on because we're in a still a lower trend channel or a downward trend channel. But we've cleared the 786. So above that, you know, we're now looking for a target up around that 150 fib, I would think, would be the minimum on that. Once we break above this, come in here and just give you once we get above this line here and clear it, keep going. Now, once we get back above 100 fib, you know, it's going to chase 24 bucks. Easy is the look. So, let's look at Rocket Labs. Man, it's just, you know, it's true to the sense of, you know, hey, it's a rocket. I was waiting to say that. All right. So, structurally, I see this ABC and, you know, when I'm tired, you know, and I'm tired a lot because, you know, my my sleep issues, but I like a quick fast way for me to get a visual of what I'm looking at. So, this is an ABC or it's wave 1 and we're in wave three of an impulse. That's really how I see this. So, similar structure. The difference is is we're going to have an elongated three, probably a tighter five, maybe something to that degree. So, that basically puts us at either 50 bucks or 58 bucks to the upside. It's done nothing wrong. Um, you know, as far as my anchors, I would probably not tighten up 50% of the general, but you could. It depends on what your books looks like, your book looks like, what your profits are. I mean, if you're well in the money for the quarter, you know, obviously maybe give this one a little more room. Otherwise, if you're not and you're marginal, and when I say marginal, you're at about 25% gains for the year or less, I would be tightening this up and book my profit. Um, and if I get my stops taken out, 1475 to 4245 is what I would use as far as I also wanted to address SMCI. Now, even though ASML did not work this morning, TSM semi worked and Nvidita is still working or Nvida is still working. Um, this name I like a recovery here. I I think it was just overly done on news and I do think that $60 million they invested in their cooling systems for AI server racks, um, you know, is a nice package delivery. Um, I don't know if anybody else is offering that specifically, but you know, I'm going to come back and go to the RSI here. We have a confirming high here, right? So, what are we always looking for? At least one more divergent higher high. That's why I like this chart. I like this chart because of this extension here. Gives us the 3618 at 205 at some point. So, if this stock recovers, it's going to be a launching pad once it gets back above this 100 fib about 76 bucks is my thought. All right, let's jump into some names. Let's look at OUS, which I do not have a position on right at the moment. Um, I would be using my I'm going to bring in a new one. The chart's too noisy. So, I would be using the wick of my lower candle at roughly 25. So, 670 and 25 bucks. Um, as far as, you know, we're at target 1618. Hold on. I'm just looking at this chart as I'm talking. Peing drive one, two, this is peaking drive three. We're probably going to come back here. probably going to roll back to about 23 bucks here. Maybe um even down to 19. Just looking at my mile structurally, it's going to work. 2618's totally viable on this back test. Matter of fact, I want to make sure I have an alert down here on this. Takes that out because we want to put a new position on there. All right, let's look at Space Mobile. Nice recovery. the the the problem when we start getting this much volatility stops really are hard to use because it takes you out and then you turn around you watch it coming back and you know I'm very serious when I say every stock has an M. So when you start seeing the volatility in a stock you sort of have to rethink your positions a little bit where you can absorb that. So, probably a bull call spread. Um, you know, in the range of, you know, buy 55s, sell 70s is probably a smart play right here on this if you don't have a position on it. But I see this as a flag right now, which we're building out. So, now my thinking would be that we would probably get something like an XABC here, you know, something to that degree. So, you know, 43 bucks might be a better spot to do that. Um, and let's take a look at Assan. So, you know, using a regular fib tool from our low of 31025 to this 6325 and then our floor down here at 62025. 50% back gives us 16 bucks. However, looking at this gap structure, I mean, we took this gap right out. Nice grind up, put in a higher low. We've now got a a lower high or higher low, excuse me. That's always a tongue twister for me. which structurally as long as this support holds, I would just draw this risk line. Already have it. Sorry. As long as this anchor holds, I'd go off of this wick 1318 and 1163. It's worth giving it a shot here. However, it breaks below that I would be out because then we're probably continuing and this is probably an ABC right here, which it could be. Could be. Looks too equality. Two equal. So, that's what the outcome. All right. CRM, we've broken below this 25749. So I am clearly looking at this as an ABC structure. I like it back right here at this fair value gap. You know, start getting interested at 242. That would be my thought. Um, however, I'm wrong on a breakback above 262. And when I say by I'm wrong is that, you know, maybe this was an overshoot. You know, we have some clear bullish divergence going on here. What I don't like down here, um, is that we kind of have like a confirming low. So, you know, those of you who've worked with me, what am I looking for when I have a confirming low or confirming high? I'm looking for at least one more divergent lower low, which is a lower low in price and a higher low in RS RSI, which we are getting here. So, however, structurally, I'll say it does look bullish still when I look at it does. So, when am I wrong is the next question I want to ask myself. Well, I'm kind of wrong at 26295, but it hasn't changed the trend until we get back above 27664. All right, let's look at UPS. Actually looks pretty good right here at this fair market gap. I'd like a little lower RSI structure. However, considering FedEx is breaking down, I'm going to probably say no, I don't like it here. Reason being is this looks more like an impulse than an ABC to me. So, this is one, we're going to get two, maybe a three. So, I mean, if you want to test the waters at 96 bucks, maybe I'd really like it back down around 94. Um, trend support is probably going to break down here. I'm just saying that. So, we still got a minute before that triggers, but I'm going to set an alert on that because I want to know when it's going to clear that. And then where would I want to get back in here? So, look at our value gap back up here around 101. Gets back above 101. You could try and test the longs. Really doesn't get serious. back to the upside until we break above this 104. There's got to be a better way to click colors on this thing. Too many colors. I went back to red and green, by the way, on my bars because the purple were getting daunting trying to figure out where was bullish and bearish for me. So, but doesn't really start to get bullish until 10455 and then really our confirmation of the move. And this could just be an ABC structure this whole thing right here. So we put it an A, maybe a C like this around 110. So I get real interested down here. Down here it's it makes a lot of sense. All right. Looking at a E. We've broken below the shelf. So you know this flag is invalidated as far as I'm concerned. So little thing right here. So when you have, you know, structurally when you're setting up a shelf, you know what you're looking for is your breakout candle, right? Then your back test is where you want to measure your flag. And I mean there's a number of different ways you can do it, but that's how I do it. I mean, and and then I'm structurally looking at how that flag builds up. So, when I initially look at that flag, I want it to hold this range. Wicks are okay. Okay. Bodies outside of that are not. And this is where we have a body outside. So, the the chances are is that we're going to come back and go to our next level down 1941 or 1923. Here again, I'm going to go back the same phrase. So, when am I wrong? Okay. Well, I'm wrong when it gets back above 2119. And then we've had a clear trend change or continuation up at that roughly. Oh, I guess no, that is the top. So, we've had a clear trend continuation. I should have gone out this morning and gotten them out. All right, so the clear trend change is at 2119. All right, let's look at BMY. Actually looks decent down here. Nice flat building out. Little broad. No real decent back test down here off of this 513 low. However, it is still holding. So, your stop is going to be real simple. Use your wick, your anchors, breaks below there. I mean, it's worth a shot. Cash secured boots would look pretty decent on this. I know they're paying probably at least 600 a contract, I would say. So, use 44 and 46. Gets below there, I'd be out. Nice clean divergence on this. Good eye, by the way, seeing that. Targets 618 minimum. It's going to be your first target. Next target will be 100. Then we find out if it's going to reject, but viable. This gap up here 1618 is really glaring to me right here just because that gap fill is a great place for rejection. Not only that, there's nothing nothing in this this this look. I mean, we've got a little bit of a noise here, a little bit right here, but really from this entire move down, okay, this is where your your main gap back up. So, if we're going to recover, you know, that would be the case. However, let me come in and just say this also looks like a larger ABC pattern. So, you want to mind your stop on a trade like this because if this is going to reject, it's going to go way the heck back down to 32. That's sort of my thought. All right, let's look at ACR. It's done nothing wrong here. Still targets at 1514. Nice base. Um, structure looks sound. Where would I put my uh I'd go right to the wick of our current candle. Use this as our anchor. 161 or 162 and 1013. Now, $15 calls are still viable here. September, October, even maybe some November. Structurally, I mean, this this is where it starts to break down. We get below this fair value gap, then the story changes, right? Outside of that, this is an impulse. Even though we had a flat here, this is much more euphoric. Okay, we had our confirming high here in this. So, this is mound one. This is mound two, but we got a confirming high in mound three. So, clearly, it's defining that we're going to get a excuse me, mound two. It's we're going to clearly get a mountain three. So 21 is also very viable. All right. Very similar look in EOS S energy. The only thing I don't like is this that red cat. That's a little euphoric to the downside. Largest print on the tape. Okay. Bearish divergence up here. Started here. Confirmed high was way down here. Second drive was here. Third drive was this could revert to the mean here back down to about a buck. Well, challenging part is it breaks your stop. I would keep a very tight stop on this. I don't know that I would even do the wick on the red candle. I'd probably do the wick because you closed up here, right? So, reason is because it starts to break down. It'll be fast. Won't give you any time. Small cap, small name, small price. Get very aggressive to the downside. So, 61 cents and 459 is what I would use. All right, let's look at Zillow. Is this Zillow? It is Zillow. All right. I haven't looked at this one in forever. All right. looking uh you know I would go to the body of the candle on this one if you're in it. I'm assuming you got a position on it. You just want to know whether or not you should hold it based on the look. Thinking 226 or 221 2621 and then 69.85 from a fib extension. You got plenty of room to the upside if we just measure this leg this mound. 618 is at 84 bucks. 100 fib is at 101. I'm even going to come out for the monthly on this one. Huge recovery here off of the lows. Broadening, not positive for the bulls. Broadening. Let me just give you a visual of what I see there. So, broadening here. So, you've got the second drive. This is our third drive. Drive one, peaking drive one, peaking drive two. We get peing drive free. This thing's going to come down. So, I would probably definitely be taking profits at 100 bucks if I'm still in it at that point. Ahr done absolutely nothing wrong. However, it was stopped. We used the formula. Um, and that's only because we wicked and closed off of that general that's there. This is a tough call and we got a lot of huge volume coming into this one. You know, if you still have 50% on it, come down to the daily and I have got a lock. I'm just going to get rid of it. It's easier to get. Yeah, except for it's a diamond. A diamond is going to chances are revolve to the upside. So, the odds are that this flag continues except for we have sort of peaking drive one, peaking drive two, peaking drive three. No, take profits. Hold 20% 25% with a pretty tight trailing stop would be my thought. You know, we've got resistance right here. I mean, we basically tagged it, right? We got a break above that. So, I'd want to hold a piece to see if that happens. Then I might go back and get to a full position size above 16 earlier. That's what I would. All right. So, Honda, I don't necessarily like the flat look here up here. It's really struggling with resistance here. Let me go to a weekly. I'm just looking at RSI confirmed divergent divergent confirming didn't get a divergent low confirming no divergent low confirming no divergent low it's mo is it doesn't like to give one most likely outcome even though I don't like the look of that flat that we're going to come up here and test this 39 so what I would do is I just come in and run a stop if you're in this I would just use the standard methodology so you establish your anchors based on your prior low preferably a divergent low so use the 2159. Now, since this next candle closed below the body of this green candle, I would use the wick as my low 28.99. Breaks below that, I'd be in 50% position size and then I would not add it back until we close back above this 3116. That would be my take. Now, China is going to get a bid here, I think. However, Bob is already pulling back just a little bit. So, I don't really know how well that sticks. You know, I'm I'm sort of in the mindset where I really don't trust Trump and, you know, he's going to make a deal. He's going to do whatever he thinks is necessary to get his deal. He doesn't care about the stock. So, I want to avoid him. That's, you know, so but I do like B. But KB is probably a better choice than BU. And the reason is is because for the longest period of time, you could buy BA buy Baba, sell BU. They were inverse. So you could, you know, and that to me has not changed with this look here. We get back above this 9532. Yeah, maybe. And it does have a shot at 129. I mean, it is a long shot, but when do we have confirmation that move is going to take place above 94. Um, but we do have a confirming low right here on this candle and a divergent low here. So I'm going back building the case here. You know, it meets that criteria. We do have some volume building here versus we did not have it here. So you have your inversion in the corrective leg um which usually is indicative of a trend change and let me just go to what I mean by an inversion. So you get this mound structure that you get the flushing drives on the A right make it quick it put over here and then you get these peaking drives peaking drives on C. So you get this inversion. So that typically is pretty much and I don't have a number because I haven't been able to back test it that way, but consistently it implies that we're finding a bottom. Now whether or not we find a bottom in this time frame that we're in now, I'm going back in history looking at the time frame. So we had five of 2019 through 11 of 20. So we had 15 months. So I'm going to say we're in our flat here, 8 of 24. So 15 months would be out here at what about 10 of 25 is more likely when that base would end. And again I'm just looking at the MMO of the tape. This low also was about 15 months. This this base up here was 1017 through roughly 818. So 12 months. So we have 12 to 15 months as the MMO for the tape basically. But it will measure to 129 when it does decide to get out of it. Um, cash secured puts at 75 bucks. 80 bucks is the riskier side is probably the most that I would do. All right, BTU nice divergence glaring right on the right out of the shoot. So, we have our confirming low divergent low here. Bull position size. Give it a shot right here above this 1560. It's going to measure a little bit too. Peabody energy, huh? I was looking at energies but didn't look at Peabody. So, uh, Target would be, you know, at least 50% back at 25 bucks. I like it. I just like the structure. Nice. I mean, total cascading flush. The only thing we don't really have that I would really like is is a decent wick, like a wick like this. See this wick right here up to the That's total buyer exhaustion. This is more of seller exhaustion, right? And we don't really have that. I mean, we have that here on this hammer. We do have it a little bit in the tape. So, we're digesting it, but there's no, it's not clean. That's the only thing I would like positive to this other than that. So, $15 to $20 calls, I would say, yeah, definitely worth putting a piece on. Hold on a second. I want to set an alert. I don't know why it wasn't on my radar, but it needs to. Which, by the way, I like this when we're we're looking at names and I find instruments that work that have What in the heck is up with this tape? Really in that much trouble? Um, I really enjoy looking at stuff uh that, you know, I haven't seen, you know, where it's viable for a setup. I just enjoy looking at them. That's, you know, it's a little motivating for me. I think this is an ABC to the downside still. I don't think it's a done. And I haven't I've got a guy on Twitter that I follow who's in real estate and he does new home sales. I don't remember his name, but I really would like it back here at 10 bucks 950, but we're only talking a dollar difference. So, we're only talking a $10 difference in price. I'm just looking at my case here as I'm thinking. So, we get back above that 11.44, then we do got a shot for the 786, 13 bucks. I mean, if you want to sell some 950 or $10 cash secured puts maybe, but I wouldn't be too large. Only reason is it doesn't have a lot of upside here. It just doesn't. They're going to be build better builders that um just are going to have more upside. That's just my thoughts. All right, AMX. Well, we're same thing. We're wicking off buyer exhaustion, buyer exhaustion, buyer exhaustion, buyer exhaustion. However, we're putting a green candle. So, we're we're better off than we were here. Here, but not necessarily here. did the same thing here. So, we either get back above this candle. You know, my I would I would be trimming below 286 and wait for a buyback around 230. That's what I would look at because it's the MO hasn't changed on the tape regardless of what the micro and macro is until that event occurs and their production moves. This is a a long-term position trade. So, it's very difficult to hold a larger position here for me depending on what my cost base was. And hopefully none of you were upside down in that, you know, off of this leg here that I mean, absolutely, this was the perfect catch here. I mean, literally was, we went from a buck 60 to 8 bucks. And unfortunately, the mental game, the psychology of trading is those of you who are in that trade, you're thinking, "Oh, yeah, this thing's growing back to 8 bucks." Well, until the tape tells you otherwise, it's not. Not necessarily yet. It may do it next month or a quarter from now, but today, no, it's not going there. We need more volume coming in than this volume candle here. Notice the candle that it took us up here. It was the prior candle that gave us the push. So, we need to get back up here to this breath up here. And as far as candle distance on a weekly, um, let me just go down to the daily. Make sure I'm not seeing anything different here. And it's ironic that you have this huge selling volume here and then it pushed. Almost looks like there was somebody was position change. Posit positive here though. It's confirming on the daily. So, I'm going to say yeah, it probably is going to go back to 388. So, how much was that a flip-flop? H that that's a tough call right there because the MO of the tape clearly likes to flush and give it back. And on the daily, it even looks more bearish to me than it did on the weekly. So, I mean, we get below that 278. It's probably going to go back to 230, this 225 this next shelf, because there's really nothing else there. It's going to hold it up. It's not held it. Not held it. You I mean, we got a breakout, but we came back and gave it back. So unless there's a catalyst for it to hold it, it's not. All right, let's look at Leen Z therapeutics. It's done nothing wrong here. Trend anchor I would use. I wouldn't enter a position here. You know, I would use my wick off if I was I don't have a position on it. So 1654 and then 31.88. Um and it probably is an impulse heading to the upside going out to the weekly. It really has done nothing wrong. What I don't like is you don't have a defined flag. You have three peaking drives. one, two, three. So, you're going to get a back test. It's probably going to be at least the ABC structure that's going to come in right there. So, you're going to get probably something like that is what I would think at 27 bucks. Again, I'd like it for re-entry. Sort of my thought, but how we do have bullish divergent, but what I don't like is those three peaking drives. That tells me it's running out of steam and because it's cascading as well. So, until we break above that 365, you know, the most likely outcome is that we pull back. All right. METC rocket ship second general. If you're holding this, go right to 50% of the candle as far as your trailing stop. However, you're going to anchor that. Use the 636. And this is who Romano, what the heck did they do? All right, I'm going to go out and look at the monthly on this one for a second. Three peaking drives. We're overshooting. RSI is testing. Didn't hold structure. It's breaking out. Maybe we continue. Maybe. It's worth trying to keep a piece on it here on this. It's noisy. Noisy. It's more likely an ABC. It's more likely this like 29 bucks, but it could come in and be an impulse leg. And we could extend. Let me just bring in the fibs. See what that looks like. See how I use these building blocks to give me conviction on what's there. I use different pieces for different things to tell me different things. So, we've closed above 786. So, structurally, based on my thesis, targets 36 38. Hold. Set your trailing stop. Um, let it run. I would not add here. All right. I think I went through everything except for TLT. Let me see if I can get that to pull. And if there are any other names that I missed, post them in chat. Now, I'm going to come out to three month, which I like never do because it gives us a better visual. Powell being fired now opens up the structure for all the Armageddon scenarios in the US financial. So, that ABC structure becomes totally viable. We're talking devastation kind of stuff. So it breaks below this 8037 from a trying to see how I want to measure this. Okay. So I'm going to measure this. Really only can measure this last probably the most accurate leg what it would look. And forgive me I'm going to come in and bring another one in. I want to see what this is. And I'm going to bring in another one here because I want to see what this is. And what I'm basically looking at is I'm looking at the distance of the legs because I want to see where my breakdowns are. So where I have confluence ultimately this gives me a quick visual of the different time frames on how to see that. So using my golden box thesis and that applies regardless of what time frame you're looking at. It might just give you a different target. Close below the 786. I'm looking for 150 fib. So ultimately what this does it opens up a target down to 6137 for toot. That's bad. Um on our second fib we're looking at the 618. So 69 bucks using this flush here and at least 51 back on that entire leg. It's going to break down down to 41 bucks. That basically gives you a structure. Okay. So anyone want to look at any other charts? Anything else there? Did we pretty much cover it? I'm going to my chat window here now because I got lost. Zetta H. Hey. Hold on. We're going to get there. MC come out to daily. Look at that flagging. Nice structure. What do we look like? Nice look. You bought that at uh five bucks. Good shot. All right, let's look at where the fibs are. I like this unusual machining. Are they written robotic? All right, so target would be your 1844. By the way, I when I use the 50 fib, I trade the 50 fib because it gives me a margin of safety. However, when my book is as strong as it's been here and you know I continually add book profits and I'm right more much more than I'm wrong, you know, obviously I start pushing the limits a little. So the target is off of a fib extension tool from your your trough, your peak and your higher low, right, is the 618 is your first target. Your next extension is the 127 and your third extension is the 1618. However, from a percentage standpoint, the 618 gets filled 78.2% of the time. The 100% fib gets filled 31% of the time. The 61618 only gets filled 16% of the time. So, your law of averages are much stronger targeting and playing with the 618 just as far as the structure. But as far as your anchors, I would use the body of the lower candle. The body of the candle actually that works. Use the 937 and the 445 as far as your rank. H E L E Helen of Troy. Hold on a second. Got an alert on NASDAQ breaking down. It's not done. Not done. Trying to see where what the heck happened to them. Reversion to the mean. Now, here's where you or I measure. I'm looking at my mountains. Look at my corrective map. We're extending here. So, we had our flat mound two. We got this. We got this. And we got our three. We really ended here. This is one. Okay, we've blown past two. So, it's not an ABC structure. It's an impulse leg. So, we should be able to clone this if it's not going to extend. Quite often, you get an overshoot and it extends. So, an ABC structure. Boy, that was a hell of a short. I'm just counting my waves. It's not It's not done. It's going to come down here and do this. And reason being, I'm coming in peing drive one, peaking drive two. You're going to get a peing drive three. And the reason is is because you got an inversion on your ABC structure. So this is our So you got your flushing drive one, flushing drive two. So this is a ABC. This is impulsive. So it's going to have those three drives, right? But they're not flushing. I mean, you got flushing drives in there. One, two, and three. But the peaking drives are much more aggressive. So you always lean on the more aggressive side. So we're going to get down to about 1301, get a bounce, likely rejects. Where you're wrong is if it closes back above 7548. That would sort of be my take on that. Nice look. And you want to look at this mound here from here. Adi. So you're looking at this 4122 the distance between that and 7323. So we're talking 3 months. So structurally if we draw from here go out four months, right? This probably ends to the downside maybe later this year. November to December is what it looks like. Looking at the monthly chart here, it's going out a little further in time. Zetta. Um, it's stopped. I mean, really, it's done nothing wrong. I mean, structurally, it's just in this market, I'm not recommending holding weakness at all unless underlying relative strength. I think it's just too risky. You know, we alerted here at what was it? 1471. I mean, and we pushed up to 17 bucks. Um, you know, we hit total rejection right here. Once once we didn't break above there, it was done. You know, that's just structurally where we were. Um, Lunar done nothing wrong. Risk 950, you know, it's you did get stopped if you're using it, which is why it's not on my list to review for today, but again, it's done nothing wrong structurally. I've got an alert at uh what'll that trigger at? 10:07. And I think that's pretty much Did you want me to look at IXH? Oh, let me look at it. Nice look. Beautiful divergence. Surely worth a shot until I saw that. I mean it's yeah I'm not going to tell you not to because it's you know structurally all the components are there you have your confirming low you have divergent divergence divergence all right nice wick nice seller exhaust right there so you got this slow bleed afterwards question is how long does it continue to bleed before we get a shot back so I get real interested inside this unbalanced volume above 352 then you got a shot at a nice move I don't know what the options look like in that but definitely has a out to be. All right, folks. Great trading. Until next time.