Transcription
Good afternoon everyone. Hope that thus far you've had a, you know, wonderful week, and I hope that everything is good on your side.
So, so far, you can see that the volatility, you know, for this week began today, right, which is Wednesday. So, actually, I expected price to, you know, go a bit higher before we had this drop, but as you guys know, we were not, you know, bullish on stocks. We were not bullish on the index futures at all, right? So, you know, seeing this happen, you know, no precision swing point, you know, no sequential SMT, even though other things, you know, were there, which I, you know, was not, you know, intentionally looking for. And, you know, to be honest, you know, it's Wednesday, which is the first day whereas we have high volatility news events, so I definitely wasn't, wasn't really interested in anything either.
So you can see that, you know, this already happened, right? We saw the injection of liquidity today during New York session, which, you know, brings volatility tomorrow, which is Thursday, and as you guys can see, we have news events at 8:30 a.m. So the news events which released at 8:30 a.m., you know, usually give, you know, a cleaner swing of price action than those that are like released, you know, 9:30, right?
Someone said that they thought that I was bullish with the doubling theory. No, I was explaining to you why we had that reaction of price, right? So, every reaction counts. Anytime, you know, every reaction counts. On Friday, right, we have news at 8:30, right? So, yeah, we expected some higher prices, but we did not get that, right? So this time, what were we? We were not, you know, right, which will happen, right? Which is good to happen sometimes to let you guys know that I'm human, you know, you get it wrong sometimes, but, yeah, that's just how it is. So we'll touch more upon the topic when we get to the index futures.
So here you guys can see the US dollar index. I'm using the TVC data, right? So the reason why I'm using TVC is due to the fact that it, you know, gives you more data, you know, stretching back in time. So you guys can see where we have buy-side liquidity, which is at 121.02020, and we have sell-side liquidity here, 88.253, and here we have 70.69. So now we're actually using the, using the time frames, right, you know, which would assist us in regards to the oracle theory, right? [sighs] Something that, you know, you know, we left for, you know, these latter months of the year. The, you know, thankfully, um, the leaking has stopped, and, you know, I managed to get down most of the YouTube videos that, you know, people had uploaded, but apparently, all of the leakers are not, you know, are gone, they're not here anymore, which is good. Had to get rid of, you know, around five or so manually, and I guess that the rest of them dropped out, which is, which is good, right?
So here you can see that we are consolidating, right? We have been consolidating for the, you know, past two years, which is something that I've already said. So if you look at price like this, what do you see? Yes, it's in an uptrend. Yes, it's also low probability due to the fact that we are, you know, within such a tight range, income, you know, in light of the higher time frame, of course. So using this time frame, you know, you can, if you're right, and, you know, which will happen whenever you study enough, practice enough, you know, basically just baptize enough, that's basically all you need to do, right? The time that you put in will, you know, be reflected upon your performance, right?
So we have buy liquidity here, here, right? We're expecting price to go higher. If we are expecting to see, you know, stocks drop, right? Here within this range, right? Here within this range, anything can happen, right? As long as price is here, it's low probability. All right. Eventually, of course, and, you know, my long-term plan, you know, the one, you know, whereas, you know, after, you know, you actually invest when, you know, prices are extremely low in the rest of the stock market, right? And I said this already, I believe, right? I expect, you know, three to four years of, you know, the market just going down, which will be 100% confirmed the first year, right? Because it will be, you know, quote unquote, tragic, you know, for those that cannot see it coming, right? Now, just looking at price right now, it's, it would be impossible to see it coming, right? And this right here is the basis, right? This is the, you know, starting part of understanding the oracle theory, right? It uses the US dollar to map out what you think will happen, right?
So, just looking at price right now, what do you see? You can see that obviously this is a market maker sell model, right? You can see the sell-side liquidity that's been, that's being built up. You can see that there is no, you know, sequential SMT at the top. There's, and of course, we need a major event which will cause a run on liquidity, or you'll have the run on buy-side liquidity first, followed by the event which will cause a, you know, bearish shift of market structure. So, basically, what, you know, one of the catalysts that I am expecting to cause, you know, stocks to, you know, go lower eventually will be, what, you know, a bullish dollar? And what would I expect to, you know, allow stocks to go higher? A bearish dollar.
So, we're expecting, you know, some run of liquidity, right? It could just run here. Doesn't have to go above this one, right? But it could, right? And remember, right now, right, we are looking way ahead, right? We're looking way ahead. So, there can be, you know, things that, you know, could happen politically, you know, economically. We could have, you know, some financial institutions shut down. Hacks could go on. Anything could go on. But what I'm certain of is, you know, these lows, right? And what will actually confirm that, you know, the top is in will be when the, you know, bottom is in for the stock market, right? Which I believe, you know, we'll have sequential SMT between the centennial cycle, right? Between two consecutive years. So this is the starting point part of, you know, what, what else we will be talking about. And, you know, of course, the things that are not in the chart here.
You guys can see that still, and one second, I have. And why is this on? Anyways, [clears throat] still the drone literally, you know, these highs, right? Still, you can see that we are still consolidating here, right? We're still consolidating. So even though we had that move in regards to stocks today, in regards to the S&P 500 and the NASDAQ, the dollar has not done anything, right? It has done nothing. But we will still look at why that happened. And yes, I missed it. But right there are still ways whereas you could see what happened right there. Obviously, I don't catch 100% of everything. I'm mostly busy, right, most of the times and really get any sleep due the fact that the little one, you know, always making noise. Anyways, starting to sound like ICT ranting about random stuff. Don't want to do that.
So, yes, once the dollar, right, it breaks this gap right here, one, two, breaks the gap right here, right? Then you know we can be sure that we will see these highs. So it breaks the gap right here. Short everything, right? Not financial advice here. You can see that, and I remember that we pointed out these lows some time ago, right? Still, I believe that is the draw liquidity, right? And here we have the British pound overextended, right? And remember that we want to see the euro pierce this high before it fell, which is, you know, something that happened. So it's actually amazing to be seeing anything within this type of price action.
If you look back, right, just using hindsight now, what do you see? All you see is chop. Nothing really makes any type of sense. It's just consolidation, consolidation, and consolidation, right? And of course, I've said this before, this is usually what happens leading up to, you know, events which are [snorts] underway, such as the presidential elections.
Moving forward, I've always gotten questions in regards to stocks, right? Which assets do you use? Which assets do you use for sequential SMT in regards to stocks? So here we have sequential SMT which is occurring between June and July. So what is that? That's doubling theory, right? That's what it is. So here we have, you know, Nvidia failing [clears throat] to take this high, and remember that here we did highlight that we have sequential SMT between Nvidia and the S&P 500, right? So here we have sequential SMT between Nvidia, sequential SMT between Meta, and sequential SMT between Tesla. So I put this here for, you know, on purpose, right? Due to the fact that here we have, we don't have, you know, turtle soup, we just have price just, you know, going higher above June during July. So this is June, it just continues going higher here. That did not happen. It did, price did not go higher than June here. So even though, you know, you can't use this here, this line to just, you know, justify this, which is just for visual purposes, right? What matters is the closes, right? That's what matters. And here we have Tesla overextended, which is why we had price drop like this here.
Now you can see that here the price was a, where was it? Here we expected price to, you know, push a bit higher. That did not happen. We did not get that, right? So, first of all, I want you guys to focus on these consolidations right here, right? So here we have one, and I expected price to go a bit higher. It did not, right? So this time did not get, you know, is not isn't correct this time, right? Which is not something bad. Here we have consolidation. So we have one consolidation here, here we have two, and then we have the third here, right? Pay attention to this low right here, right? So this would be, you know, what Michael will call the, you know, a breaker, but, you know, this adds more depth to it, right? So here we have ICT's breaker, this low here, then we have this high which created sequential SMT, then we had this consolidation here before, you know, the lower breaker, then price broke down, right? So initially, I expected price to push above here and push above here, but, you know, we didn't get that. That would have, you know, given us a structure break. So here this consolidation, you know, was formed the same time as this one, right? This price action right here is what, you know, stabilized price action, allowed it to reverse, which is, you know, what we expected here. Here we expected price to go more, you know, higher, but it didn't happen. So, yeah, that's that again.
So this consolidation here before this low, price traded here, and between this consolidation and this low, we have this level, right? Which would be a gap in itself, but it would be categorized, right, by this wick low and this wick low, right? It's between the center consolidation of this price swing here, right? We can see that price did not go above or price reacted to this consolidation right here. Didn't touch this one, and also this low, right? It's above this consolidation, whereas the consolidation here, it's above this low, right? So that in itself is a crack in correlation, right? Here we just had price, you know, just just fall today, which I, you know, I would have wanted to see a price go be higher, form something that, you know, made sense to you all, something that we already talked about, but we did not see that.
So coming, you know, next month and the months after, to be fair, right? You don't need anything else, right? So you don't need to learn anything else. You've learned everything that you actually need. What you need to do now is study and backtest, because whatever we will be talking about, you know, will, you know, most of it will be advanced, more advanced. It will be confusing, and if you don't understand already what's there, then you won't understand, you know, what there is. Most of you, you don't need to be here anymore, right? Just saying it as it is, right? You should have, you know, taken enough notes. You should be in the group of, you know, people who are, you know, passing their under challenges. Those of you that are, you know, trading already, or, you know, you should be on the market more signs than not. So obviously, you should not be 100% correct, because that's never going to happen. That is impossible, right? But you should have an idea of, you know, what I'm going to say, you know, before I even say it, right? That's what you're aiming for.
But that being said, here, right? And this is still Bitcoin, and we're still, you know, interested in seeing price pushing above this high right here for Bitcoin, right? Whenever, right, we have the dollar, you know, completely turn around, top out, you know, I expect the crypto market to follow the S&P 500 and the NASDAQ, you know, whereas we would definitely see some low, lower prices, right? With that being said, right? And I hope that you, you know, found this useful. There is a lot of information here. There's a lot of information already there. You know, a lot, right? You literally do not need anything more than a higher time frame gap and sequential SMT followed by a percent swing point. Yes, we haven't seen, you know, much high probability trades since lately, and, you know, that's fine. That's normal. That's what usually happens during these times before these specific events. The algorithm isn't being changed or anything. Nothing has stopped. If you even realize, you know, Michael himself, he's not doing anything, right? That's because he knows that now is not, you know, the time to be doing anything, right? It's just that, you know, over the past weeks, whenever I get something right, whenever, you know, I'm on the right side, it's because I'm using, you know, a number of concepts, you know, I'm stretching, stretching myself, my ability, right, to, you know, for you. So, yeah, that means I hope that you found something useful from this. Will be here Sunday again, right? And I hope that you, you know, take time out and study. Take time out and make notes. Take time out. Make sure that you have a model that works for you. Happy wonderful day.