Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape....
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..
Always great Matt. The QQQ/IWM "indicator" is not particularly surprising though. I mean just take the top 1 or 2 weightings from the Q's and you have the entire market cap of the Russell 2000. The sheer strength of the numerator here ensures that moves in the ratio should be highly correlated with SPX.
Hi Matt, definitely interested in the QQQ/IWM. As I mainly trade SPX, occasionally RUT, I am very keen on small caps impact on SPX. I can assure you I’m listening to your RUT analysis every morning - I take my coffee break during the Qs 😂
QQQ also rejected the 161.8% FIB level this week (based on the top 408.71 on 11/22/21 and low of 254.26 on 10/10/22) as well, which may be another data point for the move down, or at least resistance.
Thanks for all Matt. Great analysis as is the norm and much appreciated. Now to find my way over to the bird machine, since I'm seeing TB alerts pop over there. Thanks again and see in you the AM Prep!
Such a long video after making a Friday video. Impressive as always, young man! I was always baffled about anyone thinking there would be any rate cuts this year, and still not sure why there would or should be.
Hey Teacher. I’m with you on the rate cut. Seems > 90% think rate cut in August. I think the lack of pressure in the unemployment rate, plus potential increase contribution next month from energy (oil) makes me feel like a longer waiting game. But 90% disagree with me. So I guess we’ll find out soon. I’d like to hear from Kashkari. 😊
In TradingView, when you choose a separate scale for the additional ticker you compare, you have to switch between linear and logarythmic scale for the second ticker separately. It's the "L" symbol in a square, when you hover the mouse over the price bar.
Hey Matt, instead of QQQ/IWM how about QQQ/RSP? IWM has so many wildcard factors that disproportionately affect it while RSP is more of stable base of comparison.
Thanks Matt!! I’m so pumped this week TSLA should be good time 🎉😅 cheers man have a kick ass weekend Btw is the MATTS DESK SETUP link is that the one that shows me how to see the intervals you display to spot aggressive sellers etc?
Thank you TB, another excellent weekend review and following week prep. Quite a horseshoe on the Thursday / Friday chart... without the late day sell off, feels clearly bullish. With it tho, trickier read. Regardless, thank you again, have a great week!!
50/50. Markets can react that Trump may be risky due to attempts . Or markets could rally due to Trump being still active . 😂. How to bet on Monday on this news now
Are we gonna get another "Calm Down My Sweet, Sweet Bulls" video today? You know, the "Nothing's wrong, BUY, BUY, BUY! The Trend Remains Bullish!" video? 😂😂🤣🤣😂😂
EV sector charging towards 100 % + Gains this Summer. Up 66 % month. Rivian.. Lucid up 68 % month. Zapp rising 27 % Friday. FSRNQ.. Fisker up 5 %..QS rising 17 % Friday as total 2024 EV sales aim for a new record 17 million vehicles. Thumbs Up video/ comments. Thanks.
🤷🏻♂️Speechless Well, I had another comment all ready to go, but- Praying for Former President Donald J Trump and his family! 🙏🏻 Speaking about the market seems inappropriate! Let’s pull it together America, unacceptable behavior!!!
After watching the first 10 minutes of the video, I’m convinced Matt didn’t know the news, as he was likely spending that time making this video…Please don’t take my first comment as a shot at you Matt! I meant, I was not in the mood…who knows what Monday will bring in pre-market. Apologize for any confusion!
Hi @iSpy, seeing the events here from Australia, our thoughts are with all of you. This is a world event and the world needs a strong America. I have every confidence the American people will rise to the occasion, but political violence has no place in the democratic battle of ideas. I hope some people reflect on some of the rhetoric we’ve been hearing over many months and years now. God Bless America.
Here is the megathread for the S&P if you want to see the normal charts: x.com/TradeBrigadeCo/status/1812503026407494051
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape....
As a beginner, it's essential for you to have a mentor to keep you accountable..
Kerrie Farrell program is widely available online..
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..
The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways...
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this..
Keep practicing with TV Matt at 50:00 it does not look like that, it works fine. I actually now prefer it to TOS charts.
Always great Matt. The QQQ/IWM "indicator" is not particularly surprising though. I mean just take the top 1 or 2 weightings from the Q's and you have the entire market cap of the Russell 2000. The sheer strength of the numerator here ensures that moves in the ratio should be highly correlated with SPX.
How does Matt switch so quickly between drawing tools? Seamless whether he is on ToS or TV.
Maybe he'll rotate to being correct for once
Never right or wrong. Just levels and potential moves. DemoPro
Glad you found the DemoPro!
Hi Matt, definitely interested in the QQQ/IWM. As I mainly trade SPX, occasionally RUT, I am very keen on small caps impact on SPX. I can assure you I’m listening to your RUT analysis every morning - I take my coffee break during the Qs 😂
QQQ also rejected the 161.8% FIB level this week (based on the top 408.71 on 11/22/21 and low of 254.26 on 10/10/22) as well, which may be another data point for the move down, or at least resistance.
Great point! Thanks for sharing this one
Thanks for all Matt. Great analysis as is the norm and much appreciated. Now to find my way over to the bird machine, since I'm seeing TB alerts pop over there. Thanks again and see in you the AM Prep!
Got all those charts firing off with levels. Hope you had a great weekend Siege! See ya in the AM
Such a long video after making a Friday video. Impressive as always, young man! I was always baffled about anyone thinking there would be any rate cuts this year, and still not sure why there would or should be.
Hey Teacher. I’m with you on the rate cut. Seems > 90% think rate cut in August. I think the lack of pressure in the unemployment rate, plus potential increase contribution next month from energy (oil) makes me feel like a longer waiting game. But 90% disagree with me. So I guess we’ll find out soon. I’d like to hear from Kashkari. 😊
You know what I think about the rate cut? um well, where was I? ohh yeah we were gonna go out side....whos got a lite?
Well here we are again bringing up the rear on a sunday night. Looks like everything is ready to go. Lets Pull the Trigger on sum Trades!!!
In TradingView, when you choose a separate scale for the additional ticker you compare, you have to switch between linear and logarythmic scale for the second ticker separately. It's the "L" symbol in a square, when you hover the mouse over the price bar.
Appreciate the feedback! Will have to keep that in mind if the situation ever arises again.
As always, thank you, Matt! ❤ Look forward to your stream Monday morning at 8 a.m., Eastern Time.
My pleasure! Thanks for checking out the late night show
Hey Matt, doesn't matter which platform you are on, your insight on the market is always appreciated.
We made do with what we had!
S/O to Matt keeping it all together! Obviously a TOS guy! Lol😂🎉
IT'S TIME! it's Trade Brigade time!
We Buy low, We sell high!
With every trade, we mak'in that dime.
From dawn till dusk, we on that hustle and grind, Its TIME!🤪
@@bigspark6587 wait... It was buy low sell high.... Call me an idiot Big Spark but somehow I got that backwards... I'm learning :^) thank you
@@bigspark6587 wait... Hold on Big Spark... It was buy low and sell high? Call me a fool, but somehow I got it backwards... I'm learning :^)
Based Inf
Based rap battle per usual
Great TA Matt; thanks again for your input.
You bet! thanks for the comment, I hope you're doing well
Hey Matt, instead of QQQ/IWM how about QQQ/RSP? IWM has so many wildcard factors that disproportionately affect it while RSP is more of stable base of comparison.
Rusty looking interesting!
(Tuesday edit) RSP & KRE breaking out on volume, XRT & XBI about to test the resistance...
Thanks Matt, appreciate the rapid show. I was able to watch it all before my commute.
Thanks for your great analysis. I agree with $CRwD I caught that look above and fail on the ATH attempt.
Love to see it! Watching for that followthrough now to the downside gap close.
Remember folks:
"Price Action, first; confluence of indicators, maybe a second."
This is the way!
Spot on Matt, Matteo! Nice call on rotation man!
That's an evening star. I converted to cash today including my long term portfolio
Thanks Matt!! I’m so pumped this week TSLA should be good time 🎉😅 cheers man have a kick ass weekend
Btw is the MATTS DESK SETUP link is that the one that shows me how to see the intervals you display to spot aggressive sellers etc?
Why would TSLA pump, if cuz of Trump it’s a sucker’s long bet.
@indianajones3315 just look at the weekly my friend, it's all technical. Bought that dip and it looks like it's paying. Tesla up 14 points rn
Thank you TB, another excellent weekend review and following week prep. Quite a horseshoe on the Thursday / Friday chart... without the late day sell off, feels clearly bullish. With it tho, trickier read. Regardless, thank you again, have a great week!!
TSLA is looking like a cup and handle :)
Gotta let that handle build out a bit.
Excellent, as always Matt!!
my favorite weekend video thank u bro u really do put out excellent analysis
Cheers! I appreciate the positive feedback. Hope you have a great week ahead.
What’s up man do you do trade alerts?
Check out the discord. Its free: tradebrigade.co/discord
Thank you Matt as always.
So how IWM go up when all the tickers unless the S&P moves or apple at this point lol even BTC lately
IWM is very interest rate sensitive.
Thanks
Thx Matt. appreciate it. trading view wasn’t too bad for us viewing.
HA... we make do with what we've got!
good stuff Matt! see you in the PM prep! 💯
Cheers Kahea! Appreciate you coming out to the show.
You continue to be THE BEST!! Excellent detail and deep dive!!
Thanks for stopping by the show Michael! Appreciate the comment as always.
trading view recap was 🔥
We work with what we've got!
Thanks Matt as always !!!!!
My pleasure TV! Hope you had a great weekend
20840 lower high NQ punt guess. Want to see more exhaustion first before stage 2.
I like the QQQ/IWM chart. it is very helpful.
Agree! Thinking that the pullback in an uptrend leads to remaining bullish until proven otherwise.
Thank you Matt
I was surprised about the high volume this past week until I realized it was Shark Week, then it all made sense 😂 🦈🦈🦈
Loaded 210 Calls for the book store 8\16 🎉🎉
HA! Love the terms
Thanks Matt!
You bet BMW!
I thought fed meeting was tuesday, did they switch it?
Powell is just speaking at some conference. FOMC is the last of the month on a Wednesday
Long tesla goes up next week my calls will pay
We'll see!
🤔
What are you pondering?
I’ve been waiting all day!
Same 😢
We made it!
@@TradeBrigade I want to ask you a few questions, is there an email I can message?
Thanx Mat for the update
It’s helpful
Wat u think of DJT .. it’s going to soar cuz of TRUMP news!?
depends if trump wants to continue but I think it's bullish since he looks like he isn't backing down
50/50. Markets can react that Trump may be risky due to attempts . Or markets could rally due to Trump being still active . 😂. How to bet on Monday on this news now
Not sure! The open should be interesting.
lol love the office video clips
One of the all time greats!
Are we gonna get another "Calm Down My Sweet, Sweet Bulls" video today? You know, the "Nothing's wrong, BUY, BUY, BUY! The Trend Remains Bullish!" video? 😂😂🤣🤣😂😂
Bitcoin is moving
Huge gap up on the /BTC futures.
EV sector charging towards 100 % + Gains this Summer. Up 66 % month. Rivian.. Lucid up 68 % month. Zapp rising 27 % Friday. FSRNQ.. Fisker up 5 %..QS rising 17 % Friday as total 2024 EV sales aim for a new record 17 million vehicles. Thumbs Up video/ comments. Thanks.
Rip fisker 😂
Still waiting for 2024 gainer...
🤷🏻♂️Speechless
Well, I had another comment all ready to go, but-
Praying for Former President Donald J Trump and his family!
🙏🏻
Speaking about the market seems inappropriate!
Let’s pull it together America, unacceptable behavior!!!
After watching the first 10 minutes of the video, I’m convinced Matt didn’t know the news, as he was likely spending that time making this video…Please don’t take my first comment as a shot at you Matt! I meant, I was not in the mood…who knows what Monday will bring in pre-market. Apologize for any confusion!
Over 100 gun deaths in the US each day. Trading channels rarely cover such news, but it's good to always keep it in mind.
Hi @iSpy, seeing the events here from Australia, our thoughts are with all of you. This is a world event and the world needs a strong America. I have every confidence the American people will rise to the occasion, but political violence has no place in the democratic battle of ideas. I hope some people reflect on some of the rhetoric we’ve been hearing over many months and years now. God Bless America.
Was totally unaware at the time!
😱😱😱
Lets go!
See what’s going on with Musks red rocket ship
LOL
💯💯💯💯💯💯💯🫡🫡🫡🫡🫡🫡🫡🫡🫡
Thanks for checking out the show!
I wonder how today's political event is going to affect early trade?
So far futures unchanged.
to 550 we go
Would be fine with me!
Thanks Matt..
Loaded 210 Calls for the book store 8\16 🎉🎉
Gotta love the terminology here