this is going to be the most reliable of any topping sign you can get okay the Dual or more topping tailb bar from that three position 90% of the time you get a collapse you get follow through you get more red to come very very powerful 70% follow through rate 70% follow through rate 90% follow through rate but you can also use this to make money every single day of your life in the market same concept using two or five minute charts this is what the vast majority of the world doesn't have this is why they're afraid of downward markets instead of the instead of the downward markets being the most profitable Market periods in existence instead of turning them into money they actually get destroyed by them but not you I want to also teach you how you need to make money daily from the markets or at least weekly you need to know how to apply these things on a daytoday basis so that you don't put money into the market you just frequently pull it out of the markets the numbers of people on the planet that know this is not very great that it's a very very small number of Market participants that consciously know this and if you consciously know that the only way a market can start moving down and resetting itself is from one of these six pictures and you know what starts that picture which I'm about to get into now my God the this is one of those parts of trading this is one of the parts that makes you more Elite than the majority of Traders what we're going to do first is lay an educational groundwork for how to read the markets from a Global Perspective and we're going to then Del delve into the specific tops and then we're going to go to actual charts and look at specific things based on the Educational Foundation we put in place regarding this okay so let's get back to business here surprises a lot of Traders when I tell them that the market can only really do one thing over and over and over again and some of you who are famili familiar with my work maybe um might remember this concept but remember repetition has a value here it surprises some Traders or a lot of Traders I should say when I explain to them that the market doesn't have a variety of things to play it has one primary cycle that it repeats over and over and over again and it can't do anything else it's almost as if the the market is trapped on Rails all right now this is the this is what I always use and teach to make all of my Traders understand the fundamental movement of all markets in all time frames and listen to me carefully every single thing I'm going to explain to you here today is applicable in every Market in every time frame so you can stop asking Oliver is what you're talking about a appable to the stock market is it applicable to options is it applicable to Forex is it applicable to cryptocurrencies it's applicable to everything because all markets operate based on human intervention between fear greed and uncertainty so everything that I'm explaining to you is applicable across all markets and all time frames that short-term time frames as well as long-term time frames very important to understand and what's also under important to understand is that all markets operate off of one cycle not five not seven not 50 one cycle that repeats itself over and over and over again this cycle is commonly referred to as the bell-shaped curve sometimes it's the economic boom to bus cycle but this is the cycle of the market it also happens to be the cycle of Life there is the boom side of the cycle here and there is a I should do this in a different color there's the boom side of the cycle here there's the bare cycle of the there's the bare side of the cycle to the downside there is the top portion of the cycle here and then we move right back into the bottom portion and we repeat the market I repeat over and over again the market can do nothing nothing else but do this up top down sideways repeat or bottom repeat I should say so that's all the market can do it's trip it's literally made up of three things of basically all I would say four things up top down bottom repeat up top down bottom repeat up top down bottom repeat now listen to me carefully I don't care whether you are trading with a two-minute chart a 5-minute chart a one hourly chart a daily chart a weekly chart a monthly chart a centy chart I don't care what how far you want to look in the past or how minute you want to look at your data you're going to find this pattern this cycle repeat itself over and over again now let me tell you how this cycle is broken up it is broken up into as I mentioned it's broken up into the bull portion which is the up portion you have the down portion which is the bare portion that's what everyone seems to be afraid of we do the best in bare markets actually then you have the top portion which we'll talk about and then you have the bottom portion the bottom portion and then you just simply repeat from here all right now it's important to be successful in your Market play any in any time frame in any Market you have to first be able to determine which part which one of the four parts of the cycle are you in are you in the up portion of the cycle are you in the down portion of the cycle are you in the bottom portion of the cycle and or are you at the top portion of the cycle and so the First Act of knowing what to do is to to to isolate where in your cycle are you playing where is your stock right now what part of the cycle based on the time frame you're looking at what part of the cycle is the entire S&P 500 in now based on the time frame you're looking at if you are not constantly aware of that there is no way to get your trading consistently good because every part of the cycle requires a different approach in your trading so if you think you're in a down cycle but you're applying up strategies you're going to be a losing Trader if you think you're at the top of a market but you're a if you think you're at the top of the market and you're applying Top Market strategies but you're actually in the bottom part of the market you're going to be an inconsistent Trader so you have to have the ability to determine where in the market cycle are you based on the time frame you're looking at and you also must have a set of tools for each one of these parts so you have to have topping tools which we're going to talk about today predominantly you need topping tools where what tools do you pull out when a market is at a top and it's going to crack from the top and start moving into the downward part of the cycle you also need up tools bottoming tools to profit from the upside all right so you need bottoming tools you need topping tools you need upside trending tools and downside trending tools so you need basically four tool bags you need to be able to determine where in the cycle you are and you need to pull out the right tool bag that matches that cycle now let me quickly demonstrate for you why it seems like there are more Cycles than this that repeat themselves why is this so difficult to detect it's quite simple all right it's quite simple here take a look this cycle this cycle is not always perfect the way I've just drawn it because sometimes and let's say this is the left leg of the cycle and this is the right leg well sometimes the left the right leg is higher than the left leg but the cycle is still complete all right bottom one 2 3 top four four down one repeat again all right and so sometimes instead of the right leg being higher sometimes it's tricky to detect because the right leg is lower and the left leg is higher but it's this it's the same cycle it's almost it's almost guys like a slinky where you have the left and right leg they can be even or they can be mismatched like that right but it's the same cycle repeating itself now let's go back here so in this scenario you still have one 2 three top four down one repeat bottom again um and then so the the uptrend in your stocks will just be multiple Cycles repeating itself all of these are indiv idual Cycles Cycle One cycle 2 cycle 3 it's nothing more than this cycle repeating itself over and over again 1 2 3 4 and five all right and remember there are different strategies to play in each one each part of these Cycles so you can have multiple Cycles mult multiple Cycles cycle 1 cycle 2 cycle 3 in a massive cycle two all right so you can have this massive cycle to that is really made up of a variety of smaller Cycles repeating themselves you can have this master cycle four that is really made up of a variety of smaller Cycles repeating themselves like this each one of these is nothing more than this cycle with the left leg being higher than the right leg and here the left leg and right legs are even all right that's the only difference now it's important important to understand as well that this Cycle Works upside down all right same cycle 1 2 3 4 repeat okay and what makes it very difficult to understand sometimes is that the legs are different that's all here your left and your right right are different all right or let's do it this way that's still the cycle it's just slanted it's just slanted instead of the left leg and the right leg being even you've got the right leg down all right so left leg right leg and this is how you can cycle cycle cycle downward where all you're doing left leg right leg is repeating the cycle all right to the down side this can be a larger down made up of miniature cycle Downs all right and so it's important I know when a Trader has I can determine the potential of a Trader by this by their ability by their ability to tell me with great consistency where they are in the stock cycle so if I pull up a two-minute chart and I say where are we in the cycle you'll say we're in the top part of the cycle we're in the bull part of the cycle we're in the bare part of the cycle we're in the bottom part of the cycle if a Trader can do that consistently I can bring them across the Finish Line more often than not because that's the basis for proper Market play all right it's also the basis for what we're going to talk about when a market is ready to reset itself from the top to me being able to read the reset start from the top is one of the most important skills in trading because it's the tops that destroy most Traders it's the reset from the top that typically gives that undoes every good thing that happened to a Trader or a market participant in the past so if they've been benefiting from the runup what happens in the top is that the top not being able to read the top properly or play what happens after a topping sign a resetting sign it wipes out anything that that they earned in the up part of the phase to me learning how to read the top learning how to play the reset to the downside is one of the most important skills in overall Market play let me know if you understand just give me the word yes yes I understand let me know if you understand that the market only has one thing it repeats over and over again um and and this this one Cycle's divided into four parts the left leg and right leg sometimes sometimes are even sometimes they're unbalanced and this is how markets move up and move down they repeat the cycle over and over again you got it good let's talk about the tops there are six ways that markets top out in declines but you know what before I do that guys before I do that what I want to make sure you understand we're talking about here let's draw this cycle again and I want I want you to understand that I want to take you now we know this this cycle is broken up into four parts okay I want to take you to this part of the cycle right here that part of the cycle it's the three top part of the cycle I want us to become experts at reading that knowing that the probability of a reset in your Market a reset in your stock a reset in your options a reset in your Forex contract whatever you're trading a reset is due because you're able to read that part of the cycle properly and play it properly so keep that in mind we're focused now on this part of the cycle let's go now um there are six ways markets top out in that part of the cycle let's cover them uh type top number one there are six tops from that three position now remember we're talking about this right there okay 1 2 and three here's three okay here's two two and let's say here's one top out there's this is what I call the steeple top it will literally just be a run up and then almost an abrupt stop as if your run has run into a brick wall created a steeple like the steeple of a church and boom drops to the downside and the way I used to demonstrate this for my trading kids is I want you to think of this as a steeple top or a cemetery where this stock is about to get lowered down into the ground boom okay all right either way you look at it steeple top all right now this is not the most common top it's actually a little more common on the bottom because everything I'm explaining to you is also applicable for bottoms as well so the steeple top the reverse of a steeple top is a V bottom so the reverse of this top would be a V bottom like this boom that would be your V bottom this is a reverse V or a steeple top top bottom all right but we're focusing on the tops here today now this the bottom V's happen more consistently than the top V's top the top steeple tops are not as common as the bottoms are so uh this is probably I still want you to be able to read it but it's going to be your least frequent occurring top the abrupt stop and the collapse the immediate collapse to the downside you'll see it but not as frequently as what we're going to cover next now the most prevalent top you will see is the double Top This is the most prevalent top after a runup in all markets or in any individual markets the double top is the most frequently occurring top it is also happens to be the most powerful top meaning that moves to the downside from double tops will tend to be the most powerful all right and basically what a double top is made up of is simple it's an initial drop right that really starts some degree of concern this this is important this drop is usually deep enough to cause some concern all right and what happens is that you leave some people up here wondering oh my God especially the people who have just bought in near the top they bought in near the top and this thing has dropped sharply from their byy point and they're like wow am I in trouble did I buy at the wrong time then the market starts to come back on them and they often will decide once they get a good portion or all of their money back they will decide you know what I'm out this was scary enough for me I'm out creating cell pressure so these people begin to sell all right causing what's commonly referred to as a double top all right and the collapse happens from here this will be your most common top the most common top you see but the the elements that I want you to understand is that this should actually be drawn a little bit deeper this drop should be it's not always concerning but the the more concerning the better the odds that you top out near this first top there there's your double one and boom now I'm going to teach you to come into this play here to profit from the four leg if this was the one this is the two your double top is the three you're going to ride the four into a one again all right but we have to be able to read the tops so remember you've got your steeple top which is not all that frequently occurring but it does happen then you've got your double top all right your steeple top I'm going to teach you to come in somewhere around here I'm going to teach you the event that you're going to look for there I am going to teach you in the double top to come in around here okay so that you profit from the four that's resetting the stock resetting the market repricing I should say all right and then there is number three there's the what I call the left shoulder double top so what you have in the left shoulder the left shoulder is higher so it's not a true double top because the left shoulder here's the right shoulder the left shoulder is higher so what you have in this scenario is you've got a sharp drop that causes concern you are leaving people up here wondering did I make the wrong move what's going on all right they are at a loss here but the market starts to narrow their loss and narrow their loss and narrow their loss and narrow their loss but it doesn't quite get all the way back to the top and boom you get this event here which I'm going to teach you that tells you you're not going to get the normal double top this is going to be a lower top play that kicks you into the stage four all right so drop and boom not all the way back to the top okay so that's the left shoulder top and of course you have the right shoulder top now this is really quite interesting because this is also a very powerful top because what it does is it traps traders that new traders that believe in a brand new bull run it traps them in the play at a new high so let me let me let me explain this to you so you have this runup here all right here's one you have this major runup and then the stock cracks leaving these people once again questioning did I do the right thing am I going to have to take a loss the market starts to narrow their loss and actually it doesn't fail at or before it's it goes through the high all right giving these people renewed hope they often buy again others come in to buy the new high all right only to have this a failed new high that breaks back to the downside okay this traps a lot of people in this what's called a false new high a false new high okay I'm going to teach you to come into this around here when you're right back under the prior high and you have the proper event okay now again the key elements that you want here a concerning drop a rally all the way back that takes out the prior High usually not by a large margin and then an immediate failure back below the prior High many people here in this area are trapped and they will start selling out of their play at a loss causing your stock to accelerate to the downside all right that is right shoulder top so once again you got the steeple top you've got the double top you've got the left shoulder top where the left should shoulder is the highest and you've got the right shoulder H top where the right shoulder is the highest okay now number five you've got the five flat top you you've got number five the flat top scenario where you it looks like it's forming going to form a double top here but it actually comes back and you start to get this this multiple toop like formation in the form of a of a of a relatively wide sideways movement so it initially looks like it's going to be a double top maybe but it comes all the way back again and then drops again and so once you get the third one meaning that this is one this is two and you get a number three you're in number a number five type top where you are vacillating back and forth and the crack comes here where you break through the the the the area of vacillation all right and so you have your one two here's your three your four your bare Market four and then you repeat again all right and that is number five now some Traders say well Oliver what do you what what if this breaks out and moves to a new high what is that well that would prove that this is not a top so let me give you some Clues as to determine what's a pause versus a top see we're talking about a top but there are there is something called a pause that has similar characteristics of a top and I don't want you getting fooled by pauses versus tops notice the difference in my drawings here notice the top and notice the pause that I'm drawing the pause is tighter the PA is narrower the pause is more controlled Where is the top is a little Wilder whipp wider looser tops are looser than pauses pauses are tight they're contracted they're almost like coil springs that can can can continue to catapult you forward everything I'm explaining here is also applicable on the downside Trader so you can drop and pause and boom continue the drop but if you drop to and you're like that that's usually a bottom okay Wilder and whipp ear and you break and that's usually a bottom whereas at this tight coil narrow is usually a pause and you're not done with the downside so you can drop pause drop pause drop bottom okay same thing on the upside you can actually run up pause run up pause run up and top they have different qualities to them these are pauses and this one's your top and if you break you know what's next you're moving into four all right that is top number five okay and then top number six you get sometimes it's this sort of rounded sloping top it's not a V all right so it's not a v it's not a double top it's not quite a side sideways top it's rounded boom okay and this rounded top I would say that it's not the most frequently occurring but it's more frequently occurring than the steeple top so you still should know it we need to know all six of the stop of the of the tops now now let's review all six of them you've got the steeple top you've to the far upper left you've got the double top all right you've got the left shoulder top where the left shoulder's higher than the right shoulder you've got the right shoulder top where your right shoulder is higher than the left you've got your basing top where your stock is basing and vacillating back and forth from the top there's this tug-of war between the groups of traders that still believe the stocks higher and a growing group of traders that believe no we topped out and they're tug of war and it's a tie right now until you get boom you break that and then you have the rounded top that is a little bit more gradual and boom all right and guys I will tell you this listen to me carefully there is no other way for a market to top the value of knowing your six different type of tops will is is the values embedded in the fact that you will never be thrown by what it but by what if your Market is topping or not because no top can form unless it's one of these six if it's not one of these six it is not a top if it's not forming one of these pictures that I've drawn from you it is not a top it's temporary it's not a top all tops fall from these six things so what I want you to do is I want you to take a snapshot of this slide right here take out your phone take a snapshot or come back to this point in the presentation at some point in the future and I want you to Mark these these six pictures down knowing the the numbers of people on the planet that know that know consciously know there are only six ways a market can top and start moving to the downside all right I know each one of the six the numbers of people on the planet that know this is not very great that's a very very small number of Market participants that consciously know this and if you consciously know that the only way a market can start moving down and resetting itself is from one of these six pictures and you know what starts that picture which I'm about to get into now my God the this is one of those parts of trading this is one of the parts that makes you more Elite than the majority of Traders all right there are a certain number of things that separate you from most other Traders this is one of them another one is stop adjustments which is not the topic of our talk today but stop adjustments is another one of those categories that separate you from almost all of the Traders knowing the six tops and how to hit them is another element of trading that elevates you way above the majority of Market participants out there all right all right now let me know so far guys do this for me I want to know if you understand what we've covered so far you got this talk to me I want to see your comments I want to see your comments All right you got it whoa wow wow awesome boom boom boom good now we're going to we're going to get to charts all right I promise you we're going to get the charts here good yes I want you to be more Elite just as a follower just as a Trader of mine I want you more Elite these are the specific things that make you more Elite all right good good now okay so why don't we go to the next step so now that you know listen now that you know there's only one thing the market repeats over and over again this one thing is divided into four pieces we are focused on the top piece right now for this talk all right we're focused on the top piece but there's only one thing the market can do over and over again right bell-shaped curve that bell-shaped curve is divided into four pieces four parts the part that we're zeroing in on is part three but your ability to read where you are in that cycle is the key to your consistency as a market player you have to always know no matter what time frame you're in and we're look at charts so that you can practice this with me all right we will do this today but you've got to be able to know that always so that you know what tactics to bring out but in this cycle which we divide into four pieces we're focused on the top portion of or the number three part of the cycle right not the bottom not the up but the top portion of the cycle now what we're going to go over now something needs to happen at at three something needs to happen at top no matter which top you have you can have the steeple top you can have the double top you can have the basing top you can have the left shoulder top you can have the right shoulder whichever top you have something must happen you can't anticipated it you have to wait for some event to happen and there are three main events right there are three main events that uh there are three main events that happen from these tops that I need you to know next let's go all right so there are three main bar types that top markets out in the three part of the cycle now if you've been following my work for any period of time you're going to know these three things but again repetition has a huge value when it comes to um understanding deeply trading tactics and and and and techniques in addition to that we're going we're putting them we're putting these three events at the right place in the cycle in the right top so the three things that I want you to produ there are more things by the way but the three things I want you to predominantly be aware of are are bare elephant bars from the top from the top so a bare Elephant Bar is nothing more than an elongated power Red Bar down boom like think of if a bar could make a sound it would make a boom like that not boom boom no a bar that makes a heavy powerful sound all right that's an elephant bar now a topping tail bar is is by definition a a small body this is a big body but the top tail bar is a relatively smaller body with a with a relatively long tail on it doesn't have to be super long by the way but it has a tail on it all right so think of shrinking the red down like think of taking this red and shrinking the red down to about here and what do you have left over you have the shadow of what used to be left over you see this topping tail bar was a red bar all it was it well it was a green bar at first it was a green bar actually but what happens is that as it's going down from the high that downward movement is really the color red but the point I'm trying to make is that this is a Down W movement you get the color at the bottom but it's a downward movement from the high these are downward movements from the high the stock traded up here at one point it moved down from the high so I like I often refer to These Bars is sort of like um bare Torpedoes as well they sort of Look Like a Torpedo all right now the topping tail bar let me just tell you this the Elephant Bar and I need you to write these numbers down the Elephant Bar from a top the bare Elephant Bar from a top has about a 70% success rate or follow through rate right you'll see I use them interchangeably success rate follow through rate what I mean by follow through is that you you follow through with more red after this red so there's more red to come that's what I mean by follow through all right 70% of the time now what does 70% mean it means that if you were to do 10 bare elephant bars on average seven out of the 10 will produce more red after the Elephant Bar has formed okay so seven out of 10 10 go lower all right now on the topping tailbar you get about the same um it's actually it's actually a it's actually maybe a tiny bit less but it's so tiny let's just call it the same so this is about a 70% follow-through rate as well all right and just so you know guys I try to isolate from my Traders the things that are 70% and above all right I don't teach there are many things that have a 50% follow through or success rate 60% follow through success rate I don't teach those things and there's a lot of them what I try to do is zero in on seven and above 70% and above I want you winning seven times out of 10 eight times out of 10 nine times out of 10 I don't want you winning six times five times four times I want it seven and above so everything you will ever H hear me speak to you about you can be guaranteed it's 70% and above success rate okay so your tailb bar remember we're talking about the cycle the tailb bar has a 70% follow through rate now 70% 70 % 90% duel or I'm going to say duel or more cuz sometimes you might get Triple Tails as well which count so it's dual or more Tails you're in the 90 percentile this is one of the most guaranteed topping formations you will ever experience in the market this is the type of formation where you go to your neighbors you go to your relatives you borrow as much money as you possibly can and bet the farm no I'm only teasing I'm only teasing all right this is entertainment so it's not trading advice I don't want anybody Oliver you said no but what I'm saying is that this is going to be the most reliable of any topping sign you can get okay the duel or more topping tailb bar from that three position 90% of the time you get a collapse you get follow through you get more red to come very very powerful all right now I show you this dual topping tail bar with conflicting color because I want to demonstrate that really the color of the body doesn't really matter I don't care if the little body at the bottom of my tail is green or red it can be green here too it's the tail portion that has the power the power is in the tail it's not in the body so I don't really care which one it is there's a small slight almost insignificant difference all right so obviously red is better if you're looking to go down but it it's so negligent that I want you to consider the colors equal as long as the tail is strong if the tail is strong you're going lower a high percentage of the time I don't care what color the body is all right so 70% once again 70% follow through 70% follow through 90 percent follow through to the downside from position three listen to me carefully if you take any of these bars guys I'm talking about position three there's position three if you put this there it doesn't have that it doesn't have 70% follow through even if you put it here it doesn't have it has the highest rate there do you understand all right in three this is powerful in three this is extraordinarily powerful in three all right so I want you to understand we're talking about the top of your cycle the top of your your um yeah the top of your cycle the top of your atom so remember when I told you that there's the steeple top so what I'm showing you now is that you can have your you can have a steeple top that is the top is locked in or formed with the bare Elephant Bar you can have the top that is locked in or formed with the topping t tail bar or you can have the top that is locked in or formed with the Dual or triple tailb 70% follow through rate 70% follow through rate 90% follow through rate all right now um do I show you another one no I don't so guys I I just show you one example of the steeple top so remember the same thing applies to all of your other tops so if you get the double top you can have this Elephant Bar happen from the double one that's how the double forms or the double can form with the double you can have the left shoulder so I just you can have this scenario boom where your topping tailb bar is your top so I'm just showing you one of the tops but the three bars the three bar types ignite the top no matter which one you're dealing with okay steeple left sh double top left shoulder right shoulder rounded all right so if you have a rounded scenario here you can have an Elephant Bar crack it boom okay like that or if you have the sideways there's the Elephant Bar breaking the sideways all right so I'm just showing you one but these three things typically kick off all the tops they're the ones that ignite all the tops okay good now the most common top where you'll get 65% of what you're going to experience is what I call the clearing elephant Top This is the clearing elephant top and I'm going to try to show you this with charts in just a few minutes here the clearing elephant top is a solid fat bare Red Elephant Bar I'm going to give you a number here that cracks five bars before it so 1 2 3 four five so if this in one Fell Swoop eliminates wipes out five bars before it let's say These Bars were up 2 3 4 five and then one Fell Swoop boom you eliminate this bar one 2 three four five bars all in one Fell Swoop that type of Elephant Bar crack from a steeple top is like wow okay this is what you're going to see this is the type of top top you're going to see about 65% of the time so all the others like the topping tailb bar the double topping tail bar that's less frequent than this this type of top this type of top you're going to see the most it's the clearing Elephant Bar top okay so here's the steeple version of it where you break five I want you to keep this number you're breaking five bars to the left or more it's five plus it's not just five five plus sometimes that bar breaks 10 12 20 but minimum five now let's go to the next one where you have a double top clearing elephant boom okay again I want this bar to at a minimum break five former bars before it whatever time frame you're looking at if it's a two-minute chart then two minute two five two-minute bars if it's a monthly chart then five months okay the time frame doesn't matter the concept is the same all right and you can crack this way from a sideways base clearing through look to the left you're clearing to the left okay one Fell Swoop clearing out data to the left huge follow through rate and this these are the these are the most common you're going to see you're going to see it from the steeple you're going to see that cracking clearing elephant from the steeple that cracking clearing elephant from the double top that cracking powerful elephant from the sideways base Toop all right and that's what you're going to be seeing as a topping sign the vast majority of the time now once again how are we doing you following what I'm are you picking up what I'm laying down you're following what I'm covering does this make sense you've got the three bar type tops types now elephants Tails dual tails and the clearing cracking event is your most prevalent one from tops all right any time frame any Market twom minute even one minute I don't like the one minute for your trading but one minute all the way to a monthly chart a century chart all right okay very important now why don't we go to some charts here I'm going to show you some charts here let's see all right a look at history okay let's take a look at history here there prior Market tops all right I want to let me just explain something to you here before I do this I want to explain something here I want you to be aware of the fact that there are very few Market participants traders that are still in the game today from when I started I am one of the original ogs all the way back in the 1980s that's still here all right and I want you to know that because of four Decades of Market play I have gone through more tops more cracks more crashes more crises more resets than probably anyone you'll you'll meet in this industry all right I lived through the 1987 collapse I started my career at the end of 1986 so I cut my teeth in the market in one of the most vicious bare markets in history the crash of 1987 where 60% of w Street got fired I didn't get fired all right and so 87 I lived through that Troublesome Market top that happened during the Iraqi War 8990 I lived through the 1997 rup Russian Rupal collapse I lived through the 1998 um the China Tiger they call them the China CH Tigers collapse so there was a Russian Ruble remember I told you these resets happen One Market at a time so the the crash in the Russian Ruble sent a shock wve through other markets and even the US market had that brief crack in 1997 then it was like many investors were putting money into the rapid growth that was happening in China back in the mid to late 19 1980s and a lot a bubble built up into the China many of what they call the China tigers they were the the new Tigers coming into the market the China tigers collapsed sent shock rais through the market the Mark I live through that I live through the the internet bubble burst in 2000 okay I just put out a video regarding that but by the way shortly after that period um lived through that I lived through the 2009 collapse with that brought the financial industry to its knees one of the most profitable periods of my life okay of course I lived through a few many collapses in 2018 that was a really small but the big drop in 2020 which I called right here on YouTube for you so many of you were prepared for the 2020 collapse we scored huge on that based on what I'm teaching you right here same concept we were prepared in February for the collapse that happened in March of 2020 and made a freaking killing in the markets my point is this I have probably lived through more collapses more crashes more Troublesome period in the market than anyone you will ever meet and I will tell you this every single one started the way I'm teaching you every single one I've lived through started exactly the way I'm teaching you if you get this down a top will never fool you going forward if you get this down you will no longer be afraid of Market tops that lead into bare markets or very very vicious crashes to the downside if you get this in the the part of the market cycle that gives almost the entire world the greatest degree of trouble is going to become your biggest Money Maker my biggest money-making periods in the market were during all of the collapses all of the crashes why because markets fall harder and faster making them more profitable periods the problem problem is that most people don't know how to identify them most people don't know how to play them and turn them into a money-making period for themselves and that is what I don't want for you the reason why I'm focusing on tops and right now the markets in more of a bullish period is because of what I feel or believe might become the scenario you're going to have to read in 2024 I want you prepared now you don't get prepared right for something when it's happening you get prepared for the possibility of it happening in the next year in the next several months there is a possibility that everything that I am teaching you today you're going to have to use and if you use it right you're going to actually get rich you're going to actually potentially change your life 2020 collapse was life changing profitability because we were prepared for that March collapse I gave talks in Las Vegas I gave talks in Orlando I gave talks all over about the upcoming collapse go research this it's on YouTube me calling for the collapse not from rocket science from exactly what I'm covering here all right and so I see the possibility of this coming up I want you prepared for this I want every single one of my Traders if it happens I want this to be lifechanging for them and it will be it will be lifechanging I am not going to let them miss it if it happens it may not happen but if it happens I'm not going to let them miss it if it happens they're going to nail this thing and it is going to be lifechanging I I have had the most lifechanging periods during the tops that and the collapses that fall from the tops they've been where I've made my longest Green in the market it's powerful it's very powerful all right so let's go back to charts here so this is one of the collapses that I live through that's become sort of part of market for folklore it's part of Market history here the internet bubble um where everything that you put a do title on was just running and running and running guys and um I started my firm all the way I started my firm here so I caught guys you don't understand I left Wall Street to start my firm there look how beautifully timed well it wasn't like that it was more flattish look how beautifully timed the start of my independent career in this industry was boom now here's what I want you to understand about this the tops the best tops are going to come when your two key moving averages are separated from each other so what are the two key moving averages you got a 20 period mov moving average that's the blue and you've got a 200 period moving average if you follow my work here on YouTube you know these two moving averages are Staples you do not trade any time frame without these two moving averages the 20 and the 200 so we're looking at a monthly chart by the way right now right and whenever you're looking for macro where are you in the macro cycle you've got to look at the monthly chart that's the macro time frame frame your income time frame is 2 minute and 5 minute your macro cycle time frame is the monthly write that down that should be something you write down macro time frame where are you in the macro cycle monthly chart how do I make money every single day 2 minute five minute chart okay so we're looking at a macro picture of the NASDAQ 100 and we're looking at when Oliver started his company and we're looking at how Oliver and his company profited a huge right into the top now how were we prepared for this top it's based on what I told you where you've got leg a a relatively extended leg two leading to a potential leg three okay leading to a potential red uh leg three and you got the other criteria I want you to know here I'll do this in a different color is that you have wide separation those are the best between your 20 and your 200 so when you have an extended two wide distance between your 200 and your 20 and preferably your stock or your item is not near the the 20 so see how that's near the 20 20 here see how that's near the 20 see how that's near the 20 and see how this is not near the 20 so you're not near the 20 the 20 and the 200 are far apart and you've had an extended two I'm going to repeat that your two your 20 you've got an extended two you have you had an extended two all right drawing terribly here you had an extended two you got y distance between your 20 and your 200 and your stock is not close to the 20 potential three now what you need from this from this you're either from here you're going to get a steeple top or you're going to get a double top but which one do we have which one do we get rally drop rally and do you see it do you see it I want to see I want to see I want to see your comments do you see do you see the top that I taught you which one is it talk to me I want to see your responses here get your responses do you see it you saw it all right all right let me know all right I know we're on a delay so I'm going to have to wait a little bit to see your responses but yeah you got it all right cool good that's right well I don't care if you get it mixed up left shoulder right shoulder it's the one where the the you don't get the double top right you get the lower top you get the lower top okay so let let's go back to this you get the lower top sorry so you get the lower top here boom and boom now what is the real signal here though all right the real signal is when you have something really strong you got that strong elephant or that topping tail remember or that dual topping tail you really should wait for that which means that sometimes you're not going to grab the absolute tippy tippy tippy top that's okay you don't need to grab the tippy tippy tippy top but here is where you have it because there is your clearing event remember I told you the clearing elephant crack is going to be your most prevalent the most prevalent way you're going to know the top is in that's going to be the most prevalent way all right now I'm going to tell you I'm going to give you a little hack here you can always for greater Clarity remove the Tails if you're not playing the tail if you're playing the tail that's different if you're not playing in it and it happened in the past then take it off to gain give yourself some greater Clarity and boom you can see this cracked everything there's your clearing event now what my Traders would do is they know that they're going to get in on the clearing event they're going to strike in this bar to profit to the downside they're going to add on the first color change what's the first color change you get the opposite color and the oppos then red eliminates green right there so they're jumping in on the clear in the clearing bar they're hitting that boom okay they're also adding on the first time a red wipes out a green bar only the first time they can do it again but the first time is required for them to do it so I want you to know the formula they're going to Pile in boom they're going to hit the clearing and add on the color change it's a twostep process hit the clearing add on the color change and okay good now I want you to let's take a look at the SNP during the 2000 top now look at the type remember the types you have you got the steeple you've got the double you've got the different shoulders right you've got the sideways and you've got the rounded and I would say out of all six of these you've got the rounded more like more or less all right and boom now where is the event I want you to look at the event all right this is when Oliver started his firm September of 1994 boom I started off at the right time I've always been fortunate that way yeah all right very very profitable period for me and my company rocked okay and rounded top but there's an event here now remember I told you eliminate the tals so eliminate any tals to that that are confusing that might confuse you here do you see a red bar that cracks below five or more bars do you see it can you spot it can you spot the first time that one of the things I'm really sorry about is that I don't have the 200 on here the 200's like that right or maybe even so you've got distance away from the 200 but do you see it do you see it I think you do so right here something happens that I taught you [Music] you well let's do it like this you clear this bar [Music] clears five or more bars before it you understand that it clears five or more bars before it 1 2 3 4 5 6 7 8 9 10 it clears all of these actually and at the same time it's breaking below its 20 oh it's clearing and breaking and I'm sorry I don't have the 200 here your your your your moving averages are wide apart just trust me so extended to well elongated to all right wide 20 and 200 wide apart clearing events from that state the rest is history now remember the formula you dive into the clearing boom and you add on the first color change what's a color change let me draw what a color change is so a color change would be this red then you get green that's the opposite color and if red removes the green that's the color change red removes the green boom it wipes the green out color change see the green here red wipes the green out now remember remember the hack I told you get the Tails out of the way of your reading and you'll see how clear this bar is breaking the green get this tail out of the way here it's the topping tail we're focused on anyway so the bottoming tail don't matter and you can see clearly when you eliminate these Tails here that how cleanly this bar is breaking it's breaking data to the left breaking below the 20 far below the 200 sorry I don't have that a and elongated two all right and so you're going to hit the first Red Bar up you're going to add on the first color change and the rest's history can you do other color changes if you like yes but the mandatory one is the first one after in the rest of history now these are major major drops in the market guys cuz we're looking at a monthly chart here this is the macro version of it I will show you the micro version because I never want to leave you without showing you how to make your living in the market with what I teach this macro view of knowing when your overall Market's going to crack can also be applied every single day to make money all right and I am going to cover that next and that's how we're going to close our event I always want you to be able to use what I teach you every single day to pull money out of the markets all right so we we got the 200 we've got the S&P whoa we got the S&P 500 clearing event here in 2020 there's the 2020 collapse I told you and what you have is a two that really just cracked hard with a clearing event here's your Elephant Bar now what is it it's doing damage to the left in one Fell Swoop it's eliminating so much green prior Green in one Fell Swoop that you've got to know that's your igniting event that's your clearing event all right we had other remember I told you 2008 18 were little minor bear drops that we profited from so here is the clearing event here that's wiping out so much to the left here is you don't see the 200 there but you're wide apart your stock is wide here is your elephant clearing minor drop but still a crack this clearing event here led to this serious drop there that clearing event that did damage to all of this data to the left ignited this collapse and if you were to study almost all the collapses you would primarily see this clearing event but you'd see some tail events and some dual tail events as well as well as bottoms by the way as well as bottoms by the way Traders so at bottoms as an example your here is more of like your V bottom in the S&P here is more like your double bottom in the SNP okay and so everything I'm teaching you for Tops is applicable for the bottoms as well I just want you ready for the top because I think that it's probable we could be dealing with this top scenario sometime in the beginning of 2024 all right the beginning to middle part of 2024 and I just want you to be prepared for it all right now let's take a look at where we are right now and this is what I want you to be prepared for so we've had this elongated to okay and so what we remember what I told you you need that elongated two guys you need that two all right we've got that elongated two and remember the tops remember that elongated two and you get that first scary drop remember I told you leaving behind the guys up here like wait a minute what happened here is this Troublesome should I think about taking my profit here are is there going to be enough profit taking once the people up here get their money to cause this to roll over we don't know it's possible I want you prepared for it because and how are you going to know say Oliver well how am I going to know I taught you how to know what's the most prevalent event it's this right if you get a clearing from up there that damages five or more in one Fell Swoop I'm telling you that's what we're going to get and you had better be prepared for it it is going to destroy lives if this happens it is going to make people poor it is going to wipe out retirement accounts by people who don't know this do you understand what I'm saying guys what I am teaching you is how to identify something that is totally destructive for millions and millions of people this destroys lives this wipes out 401ks pension plans they're not Market players they don't know and I am telling you that we could get this kind of reset in everything because the last period of two was a two not just in real estate market the last two was not just in stocks the last two runup was not just in debt it was in everything and so when you get these cracks in one market that sends waves through the others that's bad enough but when you if you get it in everything at the same time are you kidding me it can be so damaging that the whole Market resets itself that the whole financial World resets itself that everybody who had something basically loses it all unless you know what you're doing I don't want that to be you there is a possible reset of everything coming in 2024 and I want you to be prepared for it I want you to be right here because if this happens we don't know I just want you to be prepared for it and there is a greater than normal probability we're going to get this it's not guaranteed I want you prepared for it but if it happens I want this is going to be do you understand this one of the most profitable periods of Our Lives you make the most most in these reset scenarios the biggest green comes in these resets the biggest profits you saw the movie The Big Short you know Michael burry who just lost on his short but you know he made the biggest score of his life on the way up no on the crack of 2009 the biggest money is always this way and I want you prepared for it I want I would love for you to be here with me because if you're here with me we're not going to miss it I'm not missing it I haven't missed the last I would say the last six collapses cuz I was young in the first couple the first two or so so I would say out of the nine collapses I would say nine uh seven I I missed two the first two but I profited huge off of seven of these reset scenarios huge and each one believe it or not got bigger and bigger I think the next one is the biggest of all if it happens it might get pushed it's going to happen guys whether it happens in 2024 like it may if it doesn't it's going to get pushed a few years out it's coming you can't have a two and everything and not have the eventual four happen so this is the first scenario where the two was in everything not just real estate not just stocks not just Deb you understand this is the first time everything was in a two which means that when we get the four I want you to understand the the enormity of this when we get the top and the four it is going to be in everything it is going to be a collapse like we haven't seen and if you're not prepared for it you'll either get wiped out or you'll miss one of the biggest opportunities of your lifetime now let me go back to the charts here so we could have let me just do this in green here we could get this kind of movement and then you get sort of like boom from that higher top okay so you could get that right shoulder top okay you could get that we could Peter out here and get that kind of double wherever it happens that double top from here why do I need you looking for this or being prepared for the possibility why do I need this well look I want you to look at this here's the two and we did get drops see these drops but what's different about this one do you see the difference about this one this is the scary the others were kind of scary but this is the big one this was the one that shook the whole thing at its foundation so now the next up move because of the seriousness of that first drop this up move might be sold into by all these people that were riding this putting in huge sell pressure because this was scary enough for them they got most of their money back they're out and if that happens and you get the clearing event over here or something like that you know what to do it's 70% to the downside and I am telling you that it's it has more Dynamite behind it because this is an everything bubble that can cause the whole financial system to reset versus just the real estate market resetting and we got a lot of things happening in the world today guys that can lead to all feed in into this from Wars breaking out geopolitical conflicts going on recession likely to hit in 2024 the greater effects of the interest rate hikes by the US fed that has a 6 to 8mon delay that can really hit an economy hard we haven't seen the effects yet of a lot of the rate hikes because there's a 6 to8 Monon lag for every rate hike it doesn't get worked into the system so we've piled up a bunch of rate hikes that we haven't seen hit the market yet when they start hitting the market boom boom boom boom it's chopping the the economy down causing a recession you've got Wars and conflicts heating up and you've got the M this runup that's giving the majority of people their money back it can lead to a rollover that is massive now I'm not saying this is going to happen I think it's stupid to think in an absolutes that way I just want you ready if it happens this is exactly what I did in the beginning of 2020 and we were ready for that collapse in in March of 2020 and we grabbed it and nailed it perfectly I've got videos talking to you about congratulating all of you on the enormous gains we made from that all right now I have to do one more thing with you before I let you go all right we're going to take a look at the S&P the same thing we got this drop here it remains to be seen whether we're going to Peter out somewhere here and create the double top whether we going to go here and create the double top or whether this is just going to keep going if it keeps going going we pushed it out until another cycle another four five six years out it's possible too all right but I want you I want you prepared for this now um how do you take this this how do you take this information this knowledge this teaching I just gave you about reading tops how do you apply it every day to your Tri tring to make this concept give you money every day I never want you not doing that I ne I want us always going after big money but I always want you earning a living that is my key I am the earn a living in the markets guy and that is where I want you to be always that is the skill that I want you to have always cash flow from the market is King earning a Liv living dayt day is King being able to pull out money without depositing no deposits to withdraw from the money to have an automatic ATM machine that other people put money into and to pull money out is always the key I want to show you very briefly how we take all right want to show you how we take this concept and use it to make money every single day every single day of your life and then that will bring us to a close going a little bit over but I want it to be kind of thorough here with you guys and I hope you don't mind I want it to be kind of thorough with you here all right so why don't we we can do this boom now um here uh this is the first thing I I I I see here guys many of you know that I'm I'm I'm I'm a huge Bitcoin proponent and what you're looking at here looks like an hourly chart but guys if you if you think about this this is I I wasn't even planning to look at this but we can look at any chart you want to and you'll be able to see what I've taught you I've taught you that when you get wide separation from your moving averages and you've had an elongated two let's do this in different color so you've had an elong let's even widen this out you've had an elongated two so here's your elink elongated too all right and you're either going to get a vtop a double top you know all the different tops right so here here you get the vtop now Bitcoin does do a lot of vops and you get the clearing event that ignites the vtop look boom so remember the formula do you remember the formula you dive into you dive into the clearing event you protect yourself above the clearing event all right don't let the market take the clearing event away from you so your stop is above the clearing event you dive into the clearing event boom you put a protective stop above the clearing event you add on the first color change boom you can add on the second one if you like but the first one's mandatory and the rest is history now remember I told you what bottoms right the bottoms work as well dual tail single tail dual tail here all right so that's very very very powerful so we can look at anything but what I want you to do is I would like since I would like you to understand that when it comes to making money every day in the markets I teach my traders to use the two and or the five minute chart and so um if we if we look we can pull anything up and I want you to be able to read where you are in the cycle now first of all you need to be able to read Cycles so you need to be able to understand that that is one complete cycle you need to understand that this is another cycle all right so you have 1 2 3 4 1 2 3 3 4 1 2 3 4 there are just individual Cycles now the cycle starts moving this way a little bit boom boom and so forth and so on it's not sometimes it it's not exceptionally clear but most of the time you should be able to read Where You Are are in the cycle and if you know you're in the top of the cycle based on where the last move started cuz you have an elongated two here then you should know that from this three point of view if I can get some Tails or a clearing bar I'm in the money all right boom okay and you should should be able to know that if I am if I am here's the cycle look at the cycle boom here's my left leg here's the up here's the three here's the four here's the one again if I'm right there what should happen next is a two so if I'm right here hope you can see this let let meing bring it over so if I've gone from this Cy here cycle complete now I'm here vtop 4 cycle complete all I've got to do is Boom bottoming tailbar first color change wow you've got to know where where you are in the cycle all right you got to know where you are in the cycle because all the market is doing is giving you Cycles all right over and over again now here is a drop all you have to do is when if you're drop you're that was a four if you get a bottoming tail bar here you're potentially igniting into a one right so here's your tail here's your drop here's your drop tail here's your drop color change if you got a drop before it if you've got a drop and should do this thicker if you've got a drop before it and a tail you should know what's next if you got a drop before it and a tail you should know what's next if you've got a rally before for and a tail you should know what's next and if you do this on smaller time frames you can literally make a living you can make a living let me see what I got here all right you can literally make a living guys I'm not I'm just off of this concept so let's look at yesterday's data Maybe on let's take a two-minute chart and this is yesterday today we're looking at Nvidia we're looking at a two-minute chart right so you guys now should be able to tell me this is a three you should be able to tell me that's a three you should be able to tell me this is a one this is a one and this is a two my drawing is terrible this is a two this is a two this is this is a one and that is a two and this is a three how is that a three look at the cracking clearing Elephant Bar look just look look at what I taught you this is thousands of dollars if you know how to play it right in minutes look at the clearing from a three look at the clearing from a three look at the clearing from the top so look look look at this top top drop lower top crack look at the more micro one drop lower crack crack look at your one color change from one boom look at your one color change color change from one guys this is not rocket science you Bas on even even from what I taught you here you can take one stop and freaking make a living off of the one am I in a two am I in a one am I in a three do I have a topping tail at three do I have a bottoming tail at one do you understand this do I have a bottoming tail at one do I have a topping tail at three am I at a three and have I crack down with a solid red bar boom I'm going to take the first color change I'm going to protect myself above the the the the the crack guys this is just you do this over and over and over again like if we go back here what is this I've taught you what this is Boom look you've clear it's a clearing cracking Elephant Bar boom you dive into a clearing cracking Elephant Bar and you make sure you take the first color change let me see did I lose the connection did I come back did I come back I hope I'm back I hope I'm back did I get back yes I'm back wow wow all right guys I'm back I'm back yes okay but is that freaking amazing or what tell me like you need very little else but know where you are in the in the cycle and know how to read the signs at the top and the bottom of that cycle right it's very powerful do you know how many people can't do that most of them you know how many people are slashing around well I think it's going to go up I think so I think it's overbought I think it's oversold they don't have anything concrete they don't have anything specific they don't have a method they're like cycle what are you talking about cycle cycle what kind of cycle no anything they're just rolling the dice that should not be you I don't want want that to be you all right all right guys so uh let's let me let me try to finish here let me try to finish here I'm almost done here I'm going try to finish here all right try to finish here and so guys we could we could literally pick we could pick anything I want to show you this is Microsoft yesterday right here's microsof guys look just look at it let me put the 200 on there little guys I don't know why why I don't have the 200 on here what is going on all right so we can put oh I do have the 200 thought I didn't uh give me a second here all these moving averages here on the chart here so here's the 20 here's the 200 now guys look just look at what you have this is the clearing elephant crack I told you about look at all the damage it's doing to the left all right and you don't really have a very toppy toppy play here but the clearing event I definitely want you to know so to profit from but uh look at the bottom that I taught you not just one bottoming tail this is yesterday guys I'm not going back and cherry picking anything I'm just picking from yesterday all right so look at at your B you're you're far away from the 20 you got not one tail but two tails some people might say that's three Tails so you get in on the bottoming tail bar boom protect yourself you take the first color change you see the first color change right there so if you did two lots here Protection One lot there to add and the rest is history remember I told you how to determine when something's a top versus a pause well this is a pause it's not wide and Whippy enough to be a top boom there's your temporary top and your cycle this cycle is actually complete it's just like that instead of like that okay and it's just over and over over and over again you're going to play this uh we can look at something like AMD and basically here AMD gives you the topping gives you the two and gives you the top there I don't know if you can see that big that crack there but here's that macro top the drop leaving these people up there remember the people up there right you're being left these people are left up there questioning because that drop was so big now you come back these people don't get all of their money and then you get the crack right there do you see it boom leaving the people at the tippy top left behind they didn't get their money back it didn't come all the way so they're going to start selling and this thing just melts this is thousands of dollars if you read this properly and played it properly all right everything I've taught you the lower shoulder top with the crack that gave you the sign to play it guys I've find the sexiest traders to me the ones who are are the ones who actually play the downside the best all right guys look at the top that I explained to you this is a two-minute chart by the way guys so every bar represents two minutes of trading so you get you get the pullback all right you get the pullback and then you get the new high see the peekaboo new high this brings in a lot of traitors and then they get slammed look at the slamming of the door you see how the Boom the Red Bar slams the door on them drops back below the prior Peak and the rest is history so that's this top I I taught you right remember I told you you get in right there so so so look at it you get in right there here's your top right there boom there's your clearing crack enter stop above that bar enter on the first color change again so here's entry one here's entry two the rest is history I love that sound by the way beautiful and it's just over and over and over again guys we can look at this over and over and over again so one the thing that I want you to be aware of the thing I want you to be aware of is that the ability to see the market in Cycles will elevate your trading game just whether you're looking at a two-minute or a monthly chart doesn't matter where are am I in the cycle am I in the two am I in the three am I in the four am I am the one that will throw you head and shoulders above the vast majority of Market players right there then your biggest opportunities are going to come from threes threes and ones right so when you you know how to isolate the three at the top and you know that the signs are topping tail bar dual topping tail bar or or Elephant Bar crack you know how to turn threes into money and you can turn threes into massive money when you do it on the macro time frame which what we were looking at the monthly but you can also use this to make money every single day of your life in the market same concept using two or five minute charts knowing where you are in the cycle are you in the two are you in the three are you in the four are you in the one the threes and the ones make the uh where the biggest opportunities are and at the three do you have a topping tail bar dual topping tail bar do you get the Elephant Bar crack you know the percentages it's 70% follow through the duel tail bars a 90% follow through are you far away enough to make guys this is what the vast majority of the world doesn't have this is why they're afraid of downward markets instead of the instead of the downward markets being the most profitable Market periods in existence instead of turning them into money they actually get destroyed by them but not you now I want to really I would really like to take you deeper into this I don't want this to be a 2hour cursory thing and guys I'm telling you I believe that 2024 is setting up something really huge for us it's setting up something huge in Bitcoin it's setting up something huge in the markets and I want us to be prepared for it and I want us trained for it I want to train you for what potentially can happen in 2024 I want you Train by the time it happens I want you knowing what to do by the time it happens if it happens I want it and if it does guys I'm telling you this is going to be the big one because this is the every every bubble everything bubble scenario but at the same time while that big money-making thing that big money-making event is possible for us I want to also teach you how you need to make money daily from the markets or at least weekly you need to know how to apply these things on a daytoday basis so that you don't put money into the market you just frequently pull it out of the markets