SP500 Poised to RETEST HIGHS | Market Sentiment Analysis

24 Comments

1. Thanks for your service an insights.

2. Ant, markets could go sideways form that Left shoulder and roll down. Bc the ES looks like a HS. Just saying that is also possible. I hope not so im selling rips to protect capital; im not adding. Im a seller unless we get some other indicator this rally will continue. Thanks as always. Videos are great

3. Can you cover some oil names $ET I've been killing it in

4. People arguing for a credit event are incorrect in their assessment. Yes, debt levels are very high, but that's because everyone is paying everything with credit cards now. I am a perfect example. Where I used to carry $200 around, now I carry around $10 because I pay for everything with a credit card now. I don't use checks anymore either as I pay all my bills with a credit card. Before I started doing this my average monthly balance was around $500 on my credit report. Now my average monthly balance is around $5000 on my credit report, even though I pay off all my credit cards every month. So people are misreading this number. I carry no balance on my credit cards as I pay off everything every month, but it shows my debt balance on them is 10x higher. . The number they have to be watching is delinquency rates which still isn't even half of what it was in 2008. As for people thinking contagion from Evergrande, the regulations are different today. Marked to market accounting was eliminated, so banks are stuck in a spiral every day liquidating assets in order to meet minimum capital reserve requirements. Instead of taking losses, these banks will just hold til maturity now. IMO, while the banks won't collapse, they will be a poor investment for a while because of the opportunity costs associated with holding their losses in debt instruments til maturity.

5. They can pretend they arent raising rates that can be the narrative till the next data point. Just think people got way too bearish and the market cause the most pain to the most people and wirh everyone on twitter talking about the head and shoulders shorts got squeezed as usual via 0DTEs. Whenever you can basically get long the nasdaq immediately at open and it works 200 pts in like an hour. Im guessing was a nice amount of short covering. Tomorrow if we dont get a nice deep pull back to recruit buyers to take the place of short covering if thier is some profit taking i think your asking for trouble. Id like to see us at least pull back 2/3rds of that move

6. Its simple man in my mind soon as we take out the highs i do think we will, as soon as everyone and my neighbor is bullish and asking me what to play as soon as everyone says the soft landing is a lock and as soon as Wallstreet gets thier year end bonuses, when eveyone on CNBC says ohhh well this time is different and bears go away the moonboys on twitter calling for 6k on spy, then then sir is when one day everyone wakes up to a gap down that begins circut breaker like selling. I get your risk reward on the nasdaq favors south i get mulitples expanded i get hikes take time this time isnt different, but so does everyone whos been shorting this thing all year

7. Great analysis bro. Legit, but go with the black background.
   That will white screen burnt my retinas

8. Thank you. Awesome video!

9. Dollar implodes? Thats dramatic, its not that bad

10. Love this video. Thank you.

11. No one ever really takes real economic data in mind. Could easily be forming a perfect Head and Shoulders pattern.

12. On the 24th they flush it down now they grabbed liquidity and push it back up the same levels…..just pure manipulation…a job report does this ??? The Moving average are just lagging indicators depicts the movment doesnt indicator what the MM gg to do next. So dont look so much into it.

13. Few days ago the narrative was " this is bad , real bad" now " this is as good as it can get…" Watching these TAs are like calling Hindsight. So now we are going to test highs?.. This throwing darts at a dartboard is gettin silly.. Im not hating, just watch previous videos, this guy was doom n gloom just a few days ago… The information here is so mixed messaged…JWN had a decent day.. then pulls up the chart uh nope.. smh

14. sellers showed weakness. buyers showed strength

15. 10:21 I heard some macro news that it’s the rich 100k+ earners starting to use their credit cards excessively. Would that increase in demand(usage) increase the value of the companies? I thought MA had been building a negative divergence

16. AT, I am so happy I found your channel. It really has helped me to become a better trader. Your daily analysis is top notch. Keep up the great work. It is greatly appreciated.

17. I didn’t have the willingness to commit to longs so I sold my long trades end of day. But I did go home short meta for the heck of it.

18. I love this guy! i am not up to speed on every analysis he speaks on but he makes it easy to understand which direction he's pointing you to. He makes it much easier to manage your emotions as well as your money when playing this game. Thanks

19. Great job

20. Capitulation is coming, bad news is about to become "That's actually going to be really bad for revenue", as soon as the soft landing narrative gets tested and the jobs numbers start to become worse than expected de-risk of portfolios will happen, Buffet came out today saying he can see a recession coming, when he holds 50% of his portfolio in Apple it will be interesting to see what happens if we have further economic data supporting the economy is weakening more than expected, for now its up up on "yay no rate hikes" but soon it could be "ohh if to many people are losing their jobs, who is going to buy products that aren't necessities".

    In saying that the big shit the bed moment to look for is if there is an up tic in inflation with weaker than expected jobs numbers which this week could happen, tight stop losses lads <3

21. everybody watching that golden upward pocket gap fill on the SPY and what happens after it attempts to fill it and possibly starting that big head N shoulder pattern.

22. Flip flop market

23. I hope you are prepared for the crash… it’s coming.

24. Not opposed to your thesis of NVDA, but if Biden decides to carte blanche exports of AI chips, and we take into account this double top in yields, does that not mark that the rush to safety is very very near? I don't think even NVDA would be spared.

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