I want to emphasize basically the human side of what we're all trying to do and how you know on the one hand it's a huge challenge and it's difficult at a personal level in many different dimensions orienting our lives around such ambitious goals as transforming to sustainable green inclusive pathways to development but just last week we had one of the world's many inspiring people here president Alvarado from Costa Rica and I bring him up because of two things basically they the country first of all has driven many transformations one of the first countries in the world to abolish the military a country that had very early universal health care very early universal education for girls and for boys and a country that recently when I started working there in the 1990s had the highest deforestation rate in the world in history and yet it turned around and now has one of the highest reforestation rates anywhere in the world it's also a country that last week a whole team came here to announce again the goal of becoming the world's first or maybe with a group decarbonized nation switching completely away from fossil fuels and inviting people in Silicon Valley here in our universities to engage in driving the research and all of the other the investment and other parts of transformation that are necessary to lead the world hopefully with a whole large group ever-growing group of countries to achieve that change so it was incredibly inspiring and hearing him talk and thinking about the arc that we are all a part of the people who've given to this cause for a long time that we're now carrying forward is what I wanted to get into and just emphasizing how from those maybe earlier times and going much further back we've had tremendous individuals that we're all connected to in some way I'm just going to highlight a couple here leading the path one key person was Ken Arrow he's at one level kind of intimidating a Nobel Prize in economics about five of his students I think got the Nobel Prize in economics as well and yet he was the kindest person always out just listening to others helping others make their lives and seeing the fun in it all so here he is a lot of his work was done with the team in Stockholm here he is with Carl Folke who many of you know learning one of the sweetest drinking songs just a couple years ago at another meeting driving research innovation to achieve sustainable development and Kalle is telling him you've got to bang your head on the table really hard like that um and I'm I'm just bringing him and bringing other heroes in our midst how Mooney will be joining us for much of the symposium and how you know um has been crucial in driving innovation that brings together science and world leaders setting up the global biodiversity assessment one of the first global environmental assessments leading after that to the millennium ecosystem assessment you know involving all countries and thousands of scientists and really making policy impact and now setting up you know the analog to the IPCC the IP best the intergovernmental science policy platform for biodiversity and ecosystem services just working tirelessly and yet I could hardly find that picture of him alone I got it off of the internet all the images I could find with him have him together with many other leaders bringing people in understanding one another here with Jane Lubchenco here with Jose Sarukhang in Mexico who by the way set up a natural capital project in Mexico by chance the same year with the same name as this natural capital project that we're all together for this week so with these inspiring people let's think about what we're what we're aiming to do together um driving the knowledge foundation you know there was a question would we ever put knowledge into action and it was with great excitement actually that some of the early pioneering cases of putting knowledge into action came to the forefront so on the left with Costa Rica's policy paying people incentivizing people to conserve and restore forest for a whole suite of benefits for climate security for aspects of water security and energy security um to help deliver hydropower for example um biodiversity and health ecotourism there were many dimensions of that program bringing the importance of our science home to people worried about all these other aspects of life and not thinking that much about biodiversity or or ecosystems as the fundamental assets that we um depend on for our well-being and China launching in the late 1990s the largest payment system in the entire world with today something like 200 million people being paid to restore ecosystems and then New York City became um also a really inspiring case when the city in modern times you know decided to instead of investing in a water filtration plant to invest in ecosystem restoration in better management practices among farmers and foresters and communities in the area where the water for the city um originates in order to secure a health and water supply so these cases everybody worried then that we would be paused on these cases there were not many more coming in the early moments but today that's that's changed again there there are thousands of cases emerging in many parts of the world thanks to the work of everyone here and many many others and the ambition then became by 2006 to start systematizing an approach that we could apply better in our globalized world all over the place so not meaning the exact same thing everywhere but a common language to talk to one another so countries could talk to one another about how we value nature in human development and a common framework in a way of approaching the problem that involved an acceleration and more ambitious science and other research and implementation goals so what we've really come to develop together through the natural capital project is an approach that involves engaging the scientists the technology leaders and the real world people driving implementation opening opportunity to change policy change finance change our culture change our way of thinking so we've come today now to have a huge group an ever building group of research institutions working very intimately together with implementing institutions all over the world so that the loop between the ideas in these different realms is really really tight and so like Ken Arrow and Hal Mooney we're having a lot of fun along the way and our work together involves setting up these powerful demonstrations ever grander in their goals in new places geographically and in new contexts different policy or finance and other contexts to drive change and in the course of doing all this to build up the capacity of people worldwide to advance this mission and to keep innovating and do things we're not even imagining today building especially this platform that has data making you know global environmental data making all of this much more accessible and feasible for people to use and new software that relates human well-being to the conditions the processes out in kind of across the planet in a lot of different contexts of ecosystems so relating you know developing the science to let us know how to achieve coastal protection in the face of climate change where and how much to invest in ecosystem conservation or restoration or how to engage people in food production in cities and in other places to secure one of humanity's most important activities and across a whole suite of realms trying to quantify excuse me what the return on investment will be in nature to achieve our goals of leaving a better planet for our kids and grand kids all of this packaged up into the software that you know well invest and now used ever more widely around the world to drive this change leading today to really trying to mainstream and scale this up and that's what this gathering is about we have incredible leaders coming together in major institutions that are letting us go beyond single countries and across often through the multilateral development banks and other more regional and global institutions to drive practices change in practices that will accelerate the shift that we're beginning to see in specific places all over the world last year we had a big focus on China welcoming the Chinese Academy of Sciences formally into the lead part of the partnership and this year we're highlighting Latin America and it's just a tremendous honor having so many people here from both of those regions and and many other places focusing on development planning in large form across countries and regions and especially also on livable cities those will be two major themes for this week and within those many other many other realms that we're advancing thinking especially with about our new software that will that's now in sort of testing form allowing sort of in us to inform leaders in cities of what the return on investment would be in green space in adding green space to promoting a wide range of benefits in transforming cities to livable unsustainable places I last year in welcoming the Chinese we had an incredible performance in the Bing concert hall on Tuesday night and we're going to be featuring this year a really special surprise performance so no pictures yet from Latin America so I I really hope you can make the evening tomorrow night in the Bing concert hall we'll be starting at 7 15 with doors open and the main presentation by Rodolfo Diazzo a leader here from Latin America and a real tour of culture and music and now finally what I'd love to do is welcome the core partners up here starting with the Stockholm Resilience Center Jan come all up and and everybody else please from the University of Minnesota from the Chinese Academy of Sciences from the Nature Conservancy from World Wildlife Fund and welcome everybody to give just a brief remark on what the partnership means and hopefully how you're awake and ready to go much better form than I please I'll stand to the side thanks the Stockholm Resilience Center is an international center of excellence for resilience and sustainability science it's a joint initiative between Stockholm University and the Bayer Institute of ecological economics at the Swedish Royal Academy of Science and the mission is to advance research for management and governance of the human dominated biosphere to secure the ecosystem services for human well-being and resilience for long-term sustainability since the launch in 2007 we developed into a world-leading institute for addressing the the complex challenges of the Anthropocene and since the very beginning we've done so in close collaboration with the partners here at the Natural Capital Project and thanks to the Wallenberg Foundation we've been able to deepen this friendship and really explore the synergies of working together as partnerships so it's a great honor to be here today and to celebrate but all of you here that the Stockholm Resilience Center and Bayer Institute will become official partners here at the Natural Capital Project. Good morning I'm Steve Pulaski from University of Minnesota it's really wonderful to have Stockholm Resilience Center as part of the part of the official family it's a we are growing our circle of friends and influence it's really wonderful to have have you involved University of Minnesota we've been a partner for quite a while now and we work with all of the different groups so with with Stockholm and China and TNC and WWF and of course with Stanford as well. One announcement we have a new associate director at the Institute on the Environment so the Natural Capital Project is housed at the Institute on the Environment at the University of Minnesota and we have Melissa Kenny who is here yes right there so Melissa Kenny is the new associate director for research at the Institute on the Environment she will be instrumental going forward in working with NACAP so welcome Melissa thank you. Good morning everybody my name is Seema Paul and I'm representing the Nature Conservancy we work the Nature Conservancy works in 70 countries around the world we are a do tank we work on the ground and then leveraging that on the ground experience we bridge the conservation landscape with decision makers both in policy circles as well as in business circles we are very proud of our partnership with NACAP it has been going on since its founding I believe and NACAP is also very science led and it's backed by the equity of Stanford's brand but the robustness of its tools and outputs and its engagement process with decision makers not only ensures that it gets to the table with decision makers it also ensures that their interest is sustained and decisions are actually taken based on good science and good tools and that's the reason why we look forward to strengthening this partnership and building on it I think the challenges of people and nature broke no delays and it's very important for all of us to come together and sustain the partnership and in that vein I'm also very excited that we have new partners in the fold thank you good morning everyone I'm Nirmal Bhagavati from the World Wildlife Fund or WWF based in Washington DC but as many of you likely know we are a global organization as well and it has been a real privilege and a joy to be associated with the natural capital project we've been core partners with them right from the get go and and we've just had an amazing partnership whether it is helping in driving our field conservation around the world in Asia Africa Latin America the Arctic and elsewhere in terms of mainstreaming natural capital into policy and into finance and now now more recently into infrastructure financing and standards and there's so much more I could go on about but most of all I think it's just been wonderful to work with such a great group of colleagues you know these are some of the smartest and most driven people I've ever had the privilege to work with but at the same time also some of the kindest and most warm-hearted and joyful people that I've ever met in or outside of science so I think you're all in for a real treat you know learn share grow but most of all have fun while doing all that so thank you very much and welcome good morning everybody I'm an old father from Chinese Academy of Sciences and and we're glad to meet you in Stanford and Chinese Academy of Sciences is trying to push the transformation of green and inclusive growth in China during the process natural capital project partnership but only provided the important institution to provide the technological theoretical support in China and to in precondition the important concept they try to put the slash waters and the last mountains is the invaluable assets in China and but also provide the open a window for us to exchange the successful actions in China to push the frontiers in in in the world so we also hope to to work together with you to push the frontier in the future thank you thank you so much everyone welcome again warmest welcome


ఇవిది పరింది ఇసినినాలామిమియానావియిౕిసిసావిలీందికతిసితాసానిల౾రి. that's common waiting they get in plan in waiting for those one hundred and thirty three million more multidimensionally poor Nigerians everywhere for the world now I guess every plus TV they tell us they now thirty minutes they won't give us for this healthcare session oh but that will not go joined at all because every single Nigerian patient is worth it if anybody there collapse now we need good healthcare structure even though we get power every way they act so rock if we not get good hospital in never complete and no be dirty no that one so with your permission plus tv and with the permission of Nigeria across the world and with the permissions of friends of Nigeria but wish Nigeria well we are actually going to take our one hour because every single Nigerian patient is worth it so today we want to discuss health as a panel and we have Nigerians from across the world everywhere in the healthcare sector healthcare system is not only doctors it's not only pharmacists here we have pharmacists doctors nurses doctors nurses and today no less professionals than people like I the mayor of koji of separation and gynecologist a bma representative we have shown so anymore somebody who is a fantastic bariatric soldier and holds his own even in the film industry or they have a head of milk made go and check it out Emmanuel emir soba is there Emmanuel is an internal physician with special interest in cardiological health my dear anything will contain your heart now this man is supposed to and of course we have our own harry king harry of kojato aka the first man who decided that i said doctor he wants to be a comedian and the first comedian to officially be a doctor this man has transverse Nigeria worry tnt uk name is primary healthcare potentially healthcare demand the comedy of the day and then i have sister and lady h kareyta uku this is a woman who has spent 20 years in big pharma an internal physician and a public health expert she's also an author and of course the man who has worked day and night with me the man who tells me that you can sleep oh this thing must happen talking to Nigerians everywhere on the globe about healthcare if i'm just in okk a pharmacist an academic in fact the man tried to say there's too many i cannot i can go on and what they were but we don't have that time and of course we have the cms the man who has decided that after getting all the training in the united kingdom he needs to do what we call brain gain reverse brain drain and he has been in Nigeria now for over six years a consultant neurosurgeon with endoscopic and complex spine and complex brain skills putting Nigeria on the map then we have our own very special brother a man who has worked in the community when you say community go to a job community health extension worker and then this one said no no no no i will not stop there he went on to become a nurse and today he is a period nurse working with some of the best minds in Nigeria i want to join me welcoming these people and then we are going to bring home the case scenarios that we can all relate to it that will take us through the seven pillars of obi that is healthcare plan and i'm going to call on item here poji or either you get the floor and you are waiting for you hello everyone can you hear me yes i can awesome so pita will be campaign always talking on and on about the seven pillars they are going to work on and how human capital development is important so to streamline that human capital developments made up of education and health so from the health side of things we're going to take a microscopic look to examine what the policy has all holds for us as a nation so we're going to dissect this using case based scenarios like doctor like loretta excuse me we don't want to be called doctor here because we are all Nigerians so loretta said before so i will be sharing my screen so you can see and go straight into the first scenario the first case scenario is a 54-year-old farmer of boary origin in the abuja axis of nigeria went to the farm about six a.m. in the morning to start his substance subsistence farming for the day unfortunately while on his yam farm and just as the alone day was ending he felt a sharp pain and called out to his wife who had accompanied him to the farm that day so upon realizing it was a snake bite the brave woman sought for and was able to kill the snake with her cutlass she then rushed her husband to the nearest health care center as he had started feeling weak and faint on arrival at the twilight there was no doctor at the primary health care center the overnight nurse on duty put an oxygen mask on him and told the wife that she will inform the doctor about the presence of the patient when he arrived in the morning the wife in a bid to adjust the oxygen mask realized that there was nothing flowing out of it she pointed this out to the nurse who took a second look at the cylinder and concluded that it had either run out of oxygen or something was wrong with the dispensing mechanism doctor and comedian henry budasso in regarding the health care and health care capacity and resources pillar what sort of manpower availability can you speak to in this case scenario thank you very much my dear sister is a uh ninjas on a well don't know first of all i think it is particularly confused us beside this country where to be subsistence my people just simply me say that the thing where demanded the also the to the shop every day as in every day they go also they also not twilight not twilight live twilight demand the rudiment go hospital snag bite for nigeria uh because say manpower not really day i don't work as our sister a loretta talker i don't work for primary health care work for tertiary work for data state government well i think the more the village is there and it turns around for work i consider the residency for uvth so the three tiers of government hospital work website waiting to find for most of this trying case waiting to see most of the time be say because say manpower not day i'm not going to say manpower not day no no you go reach out to hospital now if they not get anti venom for the snake let me make you they see some of them those village people the dog or the sock dog or the sock the the the wound where these are just here snake and snake bite the dog poop pipe they use your mouth to the sock ham not knowing say as in the sock that thing they come on the the sock wasn't the people they have body too so to cut big story shots manpower not work up for nigeria et cetera et cetera you know say work up 90 the is for people then medications they not day than a champions league okay doctor comedian we will talk about those other aspects so in other words manpower is not it's not available not day not day not day not day not day after and then they come with policies the government they come with bloody policy today they today they bambooz the people and they don't say not power not day yeah like that they don't say not the day 30 all right loretta do you think this nurse realize the need for urgency in this case it's a good thing we are using a scenario close to home like this and it's this is what the obi that it's in is trying to do with healthcare and trying to stop clearly you have a stuff that did not have capacity capacity in terms of skills capacity in terms of knowledge that stuff did not understand the urgency of snake bite did not immobilize the leg and did not even know how to repair the oxygen wasn't working and was saying the next morning but wouldn't i say bite better the better the things you'll get a sense till tomorrow no this is what we need to stop and obi that we have said that we must improve human capacity and resort to healthcare now we say we know say we not get many doctors enough but which we will come to when we come to come in a general manner how to take care of the over 200 million people when we get now what do you know they call tax shifting and tax sharing like we said we will come begin they want our muscles then to all get people waste i'll be waiting that they do we're going to train them standardize them even the traditional better tendons and the cube so that when passing on there they'll say ah this is urgent to this is what they have to do and this is how i'm going to repair to the nearest place this is one of the big pillars of the seven of the obi that you manifesto speaking to this case in the time thank you very much look look you know vestize them because you're small matter for them okay nothing they don't say health care health care native doctors and try the medical too they need to incorporate them join with the letter doctor soon so we are kind of educate people on the basic needs for first aid in this sort of scenario is very common in Nigeria i particularly don't like anything that creeps or crawls so um i have a big phobia for snakes so you can imagine what if you don't know what to do in that sort of situation you panic you are at risk of so many things and in this particular case this poor farmer is not only at risk of dying from snake bites he's at risk of dying from insecurity from the situation in the nation he's also at risk of dying from the corrupt practices going on and the sharp practices going on in the health care industry so on that note i'm going to call on Douglas what can you speak to regarding service delivery in terms of equipment or equipping um health care oh i think anybody can do well yep you're good yeah so i think the key thing we should remember here from a policy point of view would be that this policy point of view is that for a very long time government in Nigeria have not interfaced with people the people today far from god from government remember say you get this 133 million people when multi multi-dimensionally poor and that multi-dimensional poor what it means say they're not get access to basic basic education they're not get access to basic health you get one uh boom big uh this is what it is what it is for sustainable development goals if you look look those goals have a 17 of them day number three now actually health care number four education so health care they're very very important one of the things what they very quick for our health care system now the primary health care system which is the basic health care system so if you look this man now this man where they where they work for for farms west west big vital where he goes so now the primary health care system across Nigeria across the one that the 774 local governments for Nigeria the thing they're almost nonexistent you go see buildings and stuff one of the work now where did you obey that the policy talk they say they will really invest well well for two key things number one the service delivery service delivery in terms of say oh when you actually enter any small place in my family health care center they will get everything where they need in terms of key thing like like like like like you right you said as i say the human resource for health and right i will talk talk and talk good for the matter just now once you talk about me say if you look the population of Nigeria 215 million people roughly and so and you say you want to live back here to these people the about 40 000 doctors with the wedding Nigeria not there not at all because if they look things like WHO standard where they say one doctor to 600 percent you don't go fit so you not use this extra sense they don't say okay how will how will come to deliver health care to these people how will they provide service where they talk about i say to these people so this is what i don't want to talk to you say you will look like the one particular care of health care workers say this care of health care workers we go big them up we'll give them extra training they will go savvy those people that for this matter so we enter that place let's take bite so they will feel respond well well you go train them in such a way they say they they will get the capacity they will get the knowledge and you go regulate them well well it was one of these people they came and say ah if you put these people may they use some some level where like say they take some some work for doctor they feel suddenly miss be able to miss that most people they do this but you go check them you go make sure say what they call regulation say this strong well well will be big or even when they use sometimes robust accountability mechanisms okay to make sure same and say the day bar not so you will take and i said you will be dirty government when they come in not so they want to improve the service especially for that primary health care where this partner goes to i will stop the for now okay so you can see from the policy document the action plan for health care service delivery in the will be dirty regime i will say will be a focus on primary health care solid infrastructure investment i renovation and maintenance they are not interested in building new fantastic buildings that will crumble in the next you know how many years or the next dispensation and is pretty because we love pretty things in Nigeria but we have a very poor maintenance culture and also if you permit me just so feel say come here i have with you join me with you doctor don't last don't last don't talk so another thing when they say in the afternoon for those they don't get equipment if you see primary health care for abroad if you reach to seek or hungry you to seek hungry you yeah but if you come our primary health care equipment not day and apart from say the most equipment you know they do retraining they train them again they update them and i believe in a weighty or be dirty could do because they are experienced and they can't say if they don't get it but the leadership is going to Nigeria absolutely brings me to the hardware procurement side of the policy and workforce optimization now i'm going to call on you share and i'm going to ask you a question about what's he called now the use of health care information systems in this case scenario what would be your advice regarding how we can optimize care or make sure we deliver the safe first care to these patients and millions of thousands of other farmers who are Nigeria's workforce actually and food basket generators okay thank you very much for bringing me into this scenario the first thing i wanted to note was that as we were talking about manpower in the first instance now women get the power inside this story because now women get power kill that snake now women get power clean kill that snake and not stay the center of this story so the health care information systems and management and time they say i see say obi dati have a plan to leverage the resources that we have in the diaspora in terms of doctors right to use to help our health care system in Nigeria even here where i did for new jersey the biggest health care information management system that then they use one third of the workforce are Nigerians right so using health care information systems way then fit applied to the basis level way be say your paka paka cell phone not be like fancy one like this way we get fit operate without that knows can have the information she need to administer first aid to that farmer absolutely absolutely that knows can have pictures of the kind venoma snakes way them be way be say she won't even need to be carrying that snake they carry and go health center she will get those pictures on top that paka paka phone to identify you know the kind venom we go there they might even those health information systems to map out the areas where those snakes then they localize so that then go stop the kind anti venom way they need it for those snakes in those very important be like say you got teeth work from lady at you but i wanted to call lady at you talk more about vaccine and okay care as well to talk more about vaccines and medicines regarding the policy of the obi dati campaign thank you very much can you hear me absolutely good thank you at the end and loretta and all of the speakers so far the obi dati campaign and manifesto has seven co-pillars in the health policy as you know and speaking on the medicines vaccines section as already mentioned the anti venom is critical and we have many different types based on the different snakes and most in the most instances we use the poly specific freeze dried type or the liquid type which requires refrigeration so when you think about these two options we don't even have sustainable or sustained electricity or power for these primary care centers so in the obi dati campaign and manifesto so equipping and resourcing the medical centers the primary care centers appropriately is certainly a principal aspect of the policy of the healthcare approach and the healthcare campaign so when we think about this patient there were some immediate things immediate steps that needed to have been taken like immobilizing the joints or the the section where he sustained the snake bites lower in it and these all require education bringing a level of awareness educating mapping out as you mentioned earlier those areas where we have the prevalence of snake bites riverine areas swampy areas tropical areas where on the jungles where people work or in the farm and ensure that they're health fairs educating the the general population there on snakes and how to take immediate care and then to the point that has already been made around information technology how do we get them transported from such interplaces to primary care centers and having those primary care centers appropriately equipped and the nurses trained to know when to escalate and administer some of the immediate therapies that we have available to us so i think that the healthcare policies that are being put forward will actually address many of these from both the leadership and governance as well as availability of the medicines and equipment needed so the policy is going to be looking at points of for action looking into production the management and sustaining the production and also regulating the production so people are not producing faecal substandard antivenom or other products that require production in Nigeria so that's the nafdaq has to make sure they are on their ball and they're doing your writing coming to you okay if i'm just going to stop sharing for a second so we can see you what are your takes or what else do you want to add to that regarding what lady h just said have i got if i will take it on yes i think it needs to be unmuted coming on muting please okay good evening can you hear me loud and clear oh yes that man okay great good evening everybody and i want to thank my sister and who has already talked about the antivenom vaccine but i want to add that the concept of from consumption to production is what the team is bringing to the table i want to inform you that the concept of essential drug is about producing safe affordable effective and quality products drugs in Nigeria so i want to also give you information that nigeria was producing vaccines before in yaba third round uh production from 1940 absolutely from 1940 to 1991 we are producing our yellow fever we are producing our antirebis vaccine not just for consumption in Nigeria but also for distribution to other african countries so what went wrong so that is saying we are going to produce our vaccines luckily and one of the advantages for that that man that came in with a bite do you believe that i have to go to india to get vaccine to give him what if there is supply chain disruption like the time we had the type we had during the covid era that means the man will die exactly so we need to produce a vaccine luckily and we have the capacity to be that the team is bringing that to the table not just uh anti-snake venom malaria vaccine vaccine for tired who diseases the diphtheria apetosis tetanus polio hemophilic influenza type b vaccine and also hpv vaccine there's so many of them a lot about covid that he is bringing to the table look how professional of that i said i've been seen on if you know my own yes covid vaccine yes covid vaccine let me tell you during the covid time nigeria lost opportunity of benefiting from 1.2 billion euro of e you because we did not have our local capacity two of those forms went to gana senegal even south africa senegal is boasting of about three vaccine companies now producing gana here is woman of senegal so nigeria we are big that we have to bounce back will be that he has done it before will be has done it and i'm breasted will be that he's going to even do more absolutely to make the primary care 700 that's all i have to ask for now thank you and here he just talking to you that he wanted to say yes uh not the only uh vaccine nigeria don't produce oh there was a time that the russian president to come i think remember yes in boris he get heart problem nigeria give them a heart i will i joined the team when he go russia go visit the mark we tell and say make it not go anywhere go take treatment we say we get heart to be given up on nigeria i say who you can collect the heart so no now in lego we brought him to nigeria we first of all hospitalized for casino state casino state and the home of hospitality from then i will kind of go there that because that and i will be the big heart of state we can't give a heart for the body heart not the beat for they will kind of make the heart the beat the heart was beating but it was not working on the excellent condition now what can i tell legoz legoz come make and they walk in and you say you know say that about the carry last but the time they finish giving the other the work finish yes in boris and the team we are very happy they say okay where they want show now can they go then we state the the food basket of the nation the if finish they say the one bar we call the attack against it the conflict it where to reverse for me now so the jump inside the bar when they finish they say okay where they want sleep we say anablast today home for all from there they consider god by the next morning when they wake up they should come for pocket they say they not get money we say they not worry nigeria get money nigeria is blessed we carry the entire river state the church or base of the nation the if are yes in boris and the team we give them money finish they say they won't go but yes in boris they know say we must do something for all nigerians for this happen we give them to see but we go for do party for us now we say no worry now we can send off unity for abuja it will gather everybody the man will show please as he was going say when one pass go now we take and go home state the gateway state now they pass go out so that pass glory when we get obey that him open a comeback absolutely that he will bring a comeback that's ourselves and you know it's not just that there's also a national pride because even those of us in diaspora when you see the way people are mistreated even professionals are mistreated and treated like that just common migrants is very heartbreaking and you know you just think if my nation was stable this wouldn't be happening you know i mean it can't treat a man from sweet land that way or someone from Sweden that way who's working in the uk for example there's a degree of respect so we need to get our national pride back so i'm just going to give you some facts before we go on to the next scenario which we will discuss quite rapidly so w h recommends that for managing snake bites it's a it's a category of care which is regarded as neglected in the public health sector and they want to aim to drop the incidence by 50 percent because so far about 81 000 to 140 000 people die globally and in Nigeria settings about 500 people per 100 000 so that's like 1 in 200 people suffering from snake bites in Nigeria and those who suffer mobility as in suffer long-term consequences including post-traumatic stress disorder about another 400 000 so it's actually quite important and like lady h has mentioned about immobilizing so you put pressure immobilize rush the person give first aid on the site by immobilizing and putting pressure take the person to the urgent care center or treatment center and uh can i just add something to that uh i say i think an key thing is that if you look at the incidence of snake bites it's actually around the food basket of Nigeria is that in the savannah region of Nigeria so that's really really important because one of the key things that you'll be that is is looking at is really pushing agriculture so that's what it's really important about


From London, England, extracting the signal from the noise, it's theCUBE covered Discover 2015. Brought to you by Hewlett Packard Enterprise. Now your hosts, John Furrier and Dave Vellante. Hey, welcome back everyone. We are here live in London. This is theCUBE's coverage of HPE Enterprise, HPE Discover SiliconANGLES flagship program theCUBE, where we go out to the events and extract the signal from the noise. I'm John Furrier. With my co-host Dave Vellante, our next guest is Yogesh Agarwal, Vice President of Strategy, sluice at Technical Market and HPE Enterprise Storage. Welcome back to theCUBE. Good to see you. Good to see you too, John, and Dave. Good to see you, Yogesh. Thanks for coming on. So let's go down into the weeds here. We just had Manishan. He said it's the end of the era, as we know it, for disk-based systems.  But composable is the big hot thing. Again, another buzzword, hyper-converged, software-defined, all object store, you name it, it's all out there. But composable brings a DevOps mindset and really highlights this integration of storage for application developers, infrastructure as code, which we love. We talked about this last time. What does that mean?  What does it mean for them? Yeah, so you really have to look at the shifts that are happening in the storage market, which we can talk about, but one of the biggest shifts that are happening, not just in storage and infrastructure in general, is customers want to consume the infrastructure differently. What customers are saying is, I like what's happening in the public cloud, but I don't want to send my data into the public cloud. I want things to be secure, but wouldn't it be nice if I had the same thing in my world? So what that means in different terms is they don't want to be dealing with the complexities of storage anymore. They don't want to know how storage achieves something. It's what the application needs with the speed and agility that it desires. That's at the crux of the DevOps revolution. And what Composable essentially is saying is, why should you have to worry about the details of that infrastructure? It's all about what your application needs. It has some service levels. It needs some performance, some availability, some security, some protection. Not magic, nothing gets configured on the fly, but there are some policies you have to set. But there's some automation going on, right? There is automation going on. And Composable, what we are saying is, whether it's direct attached or SAN or NAS, you shouldn't have to care about it. Just give us the service levels. We can compose that to make sure that the service level is met, right? And there is management infrastructure that goes on top of it, which exposes the right API so that applications can consume it. This, like in my own world, it's a big deal right now, not just in a product-centric view, right? Even when we look at enablement and how we want to engage with customers, with our field, it's all about this application-centered work. It's a big deal. Give us an example of how that renders itself into value for the customer. What's the big deal for that quantifiable benefit? Can you share some commentating on that? Is it revenue, more cash, better applications? The quantifiable benefit for customers, ultimately, is in the overall TCO because what DevOps is going to do is it's going to bring their overall operational cost down, right? Because I met with a customer yesterday, I had dinner with him. He said, I used to spend time managing the infrastructure and now he's at a higher level. He said, I don't want to deal with that complexity anymore, right? So he wants to be more effective in what he does, right? And that ultimately reflects in operational savings and the overall TCO in the environment. So Yogesh, when we first spoke was last summer, you've been here for about 180 days now. You came in from outside world. What's your impressions? You've had six months now to think through things. How are you looking at what's going on at HPE? If you're settling in, what are your thoughts? Yeah, so first of all, it's been a great six months for me, right? I'm very impressed with the leadership team at HPE Enterprise in general, but within the storage. Manish is a terrific leader to work with. You could probably tell from the last interview. But if I look below that, if you look at the rest of the leadership team, Rilaan, our CTO, he came from Ibrics, great guy, Bill Philbin, he was the NAS guy at NetApp, Philip Tamer, he was the sand guy at EMC. So it's a great leadership team. And when you look at the level below that, it's a very much of an innovation mindset, right? I mean, I came from EMC and I have to say the innovation mindset is very high here. That's number one. Number two, with the split of HPE Enterprise, I think there is a clear focus on the enterprise. There is a desire to go win in the enterprise space, right, and that's pretty exciting. It shows up in the show floor here. You don't see product-wise demonstrations. It's one HPE being spread out. My team has demonstrations on that side of the booth and they have demonstrations on the other corner, depending on whether it's more relevant to a big data solution or relevant to a hybrid infrastructure. So that's pretty exciting. But what is most exciting to me about my six months is the growth and excitement about our business. Like the progress that we have seen in our business. Like if I look at the sand market overall, that's flat to declining, but three power has grown 30% year over year for us. If you look at flash, flash growth is 93% right now year over year. We grew 400% on flash. We grew 5.9 times the size of the market growth. We had 10 percentage points share gains in the last quarter. So Antonio, in fact, joked to us. I thought startups had that kind of a growth, right? So that's why it's exciting. It's about the- How do you explain that? I mean, I'll see three part, explain why that's happening. I mean, is it because the customers were in desperate need? Finally, the magic appeared or it's just that the product market fit? Is it the pricing? What's the, why are you winning so much? I think the crux of it is the following. When customers are looking at storage solutions, they're trusting their data with it, which means three things have to come together for them. It has to meet their TCO needs. It has to meet their performance needs. And it has to have the data services maturity. What has gone on in this industry is if you look at several startups in the flash space, violin came at it from a performance standpoint, saying, hey, I'll give you wire speed for your applications. Look at what happened to violin because that vector by itself is not good enough. You look at pure, they came at it from the perspective of, hey, with deduplication, I'm going to reduce the price per gigabyte for your usable storage. It's a great thing. But that thing by itself doesn't cut it because the maturity of the data services is another big deal to customers, right? So with 3Power, what we have done is we have innovated at the intersection of these three vectors, right? So just to talk about data services a little bit, we can give you, we can start with $19,000 system, but go all the way to 15 petabytes in a single system. And with pure motion, weave it together into a 60 petabyte system. I mean, I can talk about snapshots and replications and many other things, right? And the reason we are able to do that is because it's one architecture. We are leaders in Magic Quadrant of Gartner for hybrid, but we are leaders in flash. It's the same architecture. On the TCO front, it's $1.50 per gig is what we are delivering. On performance, we can give you 3.2 million IOPS at sub millisecond latency. Like that's the kind of performance we are delivering. So when customers are getting all three in the same system, that's nirvana to them. So what are you sort of tracking? Big trends, tectonic shifts that you're looking at that are notable? Yeah, so I would say the big things from a storage standpoint that are top of mind for us. Number one, there is absolutely a shift happening towards flash, like flash. I mentioned like it's 93% year over year growth. So that's top of mind for us. Second one is in the data protection space. I see the data protection space getting redefined as well. I can go into the details with you, but let me just leave it at that for now. The third one is I see the rise of internal storage and the rise of software defined. What software defined is doing is decoupling the storage intelligence. So now you can basically take that intelligence on a server and take advantage of internal disk. Servers are getting denser and you can get lot more disks on servers. So everything is leading to a rise of internal storage. Hyperconvergence is a reflection of that. And then I would say the fourth thing that is top of mind for us, which we talked about a little bit is the overall consumption model, right? Customers are basically saying, look, I want to consume storage in a more application centric way. Not everybody's there yet, but customers are clearly saying that, hey, I want you to manage to my application service levels. Well, that's what Minish was just talking about. He's talking about the industry forces as well and around the consumption. Yeah. What's going to happen with the customers who all have that EMC? EMC Dell, obviously merging together. What are you hearing from customers? Are they holding off purchases? Are they saying, hey, we're cool? Storage is kind of like it's there.  You guys are kind of winning. Are you getting any share on that deal or what's happening with that? Yeah. So the Dell EMC merger, first of all, it's a validation of the strategy that HP Enterprise was on, right? When I joined HP, I shared this with Dave in my last interview that one of the reason I joined HP is because it was the company that had server storage, networking assets, right? And if you look at the shifts that are happening towards internal storage, that all the wayward to go about it. So I think companies like EMC and Dell realize that hey, they cannot stay component companies anymore and so I see that as a validation of our strategy. From a customer standpoint, and even from an employee standpoint, I think there is confusion out there because Dell is a private company now and so there is, if you look at product lines like VMAX and VNX, they're declining because of the overall sand market decline, but also because products like FreePower are doing well. So Dell will have to figure out, okay, what do they do about these product lines? Where do they invest and what does it, so, and customers get worried from that standpoint. I say, what does that mean for my future? Where do I bet on? At this conference, we had invited 50 customers who are using EMC products and we introduced them to customers who are using FreePower and I can see the excitement in them and the questions they're asking. They're eyes light up. They're eyes light up on the possibilities. One of the solutions we built with some of your help, in fact, was to bring in a FreePower next to a VMAX, right? Because what happens with VMAX customers is at some point the VMAX runs out of steam. The workload continues to grow and the front end can get bottlenecked and so at that point, what are your choices? You can bring another VMAX into it but the latency issues that you had will just replicate themselves on the problem. We'll just continue for you. What we are able to do is using Oracle ASM preferred reads. We are able to bring in a FreePower next to it at 50% the cost of a VMAX upgrade and it gives you 75% improvement in IOPS and the latency is six times better. Like, that's the kind of impact that FreePower is able to drive in an EMC contract. You guys, Dave and I always love to talk about sports analogies and in ESPN, you see the commentators, you know, when someone wins the big title or the big match, the coaches that gets all the props but sometimes it's the previous coach who would dress all the players. And you mentioned about the strategy, we got to go back to ESPN, the old acronym with Dave Donatelli and the team there. I mean, that was a bet back then. It's paid off, huge.  I remember having those conversations and so congratulations to that and you guys are winning. So that's kind of good. So I got to ask you guys a question with Manish now, the new coach. What bets are you guys making? And collectively, is that composable? What's the big bet that people squinting through and saying it's going to pay off huge downstream? So the bets that we are making are very much aligned with the market shifts that I talked about. So let me take them one at a time, right? So the first shift that I talked about is flash. And I said we are winning in flash, but it's not good enough to just win today. We have to continue to win and extend our leadership. So on that vector, the way we are thinking about it is to win in flash, we have to extend our leadership in all three vectors. If I take the TCO vector, that means how do we continue to take advantage of newer media, for example, denser media, so that we can continue to write that curve is important to us, right? On the performance curve, if you look at things like NVDEMs, NVME, memory store, 3D cross point, we are already talking about it. How are we going to adopt that in the three-part system and also in the internal storage context that will come to it? And then we continue to raise the bar on the data services front, right? So that's our path to kind of continue to extend that leadership. What is top of mind for us is this whole shift to internal storage. I mentioned that HP Enterprise is trying to be more nimble and collaboration across the various divisions, right? And going with one solution is important. We just launched our solution with scality at this conference. Jerome was on the stage with Manish. So, object storage was important to us. But we said, look, this is the future. Unstructured data and object storage are about the future. Let's attack that using the software-defined world. Scality is a software-defined solution. We looked at the market. They are very, very scalable. One of the issues with object storage has been integrated file system capabilities have been lacking. Scality has had that in their solution. And I personally spoke to many customers who gave very positive feedback on them. So that's an example of a new bet that we are making software-defined in collaboration with our server team because it drives a ton of Apollo server business for us. Same thing if I stick to the software-defined internal storage team. What we want to do is whether it's synergy, composable, whether it's a hyper-converse system, whether it's a VSA on a server, we want the same data fabric to be there. So that's a bet that we are making on store virtual. And we are saying it's a common fabric. So customers are not going to have an island. It's one thing that extends all the way on top of which you can have multiple hypervisor support and workload mobility. And that takes advantage of the three vectors you were talking about. Performance, cost per gigabyte, norterabyte or petabyte, and data services. Right. That's on the three part. That's on the three part. Very interesting. And then I have to ask you, I know we're on a time, but I've been asking everybody about this new balance sheet that HPE has. So you're somewhere in there as your shopping list. As part of your job as strategy, you've got to be out looking scouring the beaches for opportunities. What are your thoughts on the state of M&A? Obviously you're not going to talk about specifics, but. So first of all, what I would say is we are very clear on our top priorities and I'm going to repeat them again, which is flash, internal storage, software defined, data protection redefined and transforming the consumption model. Across that, we are very clear that there is only so much IP we can build. At some point, you have to have a willingness to partner. The pace of innovation right now is so high that you would actually lose out if you try to do everything yourself. Right. That's definitely a mindset we are in. The example of scalability that I shared is the perfect example where we said we could build object storage, right? We have the capability in the team to go do that. But we said, scalability has already built a great capability. Why not just take that and go to market with it? Right. Exactly. So, in a similar way, what I would say is the answer to your question is we are going to let the market and customer drive us, right? Where we see strong customer validation of a certain technology and we feel that this allows us to meet our strategic direction and get to the market quickly. We are absolutely going to be open-minded. So how many companies are on the list? Just tell us. How many companies are on the list? How many pages? How big is the page? Okay, by six months? Is it bigger than one page? In my six months, I must have spoken to greater than 20 companies because it's in the spirit of keeping an open mind. Just to understand what's happening. I think it should be a big M&A markup with the cycle we're in now. A lot of innovation in the enterprise, but a lot of overfunded, not a lot of runway, but good, good acquisition hires, if you will, large teams. One thing I want to clarify though is I know you use the word acquisition. The mindset we are in is it's a whole continuum. We can build, we can partner, we can buy. And you get the organic with Composable. It's an organic versus inorganic discussion for us. We are very much willing to partner, resell, OEM, and acquisition. You're not betting on M&A. You're doing the organic work you need to do. But what Dave's asking is, it's going to be a good M&A market.  Well, HP's been out, I guess my point is HP, prior to HP, he's been out of the M&A market since the Autonomy acquisition. They're handcuffed. I asked Meg at one of the analysts. I mean a couple years ago even. What about acquisitions? There's no acquisitions until we de-lever. We got to get the balance sheet right. HP's got a good-looking balance sheet. Yeah. But what I'm telling you is we need to let our strategy and our market need drive it. And we are not going to operate with the mindset that it's all internal IP alone. Where needed, we want to win. It's HP enterprise and HP storage. We are serious about winning. And if that requires us to go external, we will. Like, that's my view. Well, Manish kind of laid it out. Two factors, right? You got to have a technology that you can bring in and scale. And you have to have something, and or, but it's really an and, something that makes your existing technologies better. So, those are good ROI. You guys, thanks for coming on theCUBE. Appreciate the insight. As always, really detailed, fast paced. Thanks for coming on and sharing. This is theCUBE here. Day two, coming down to a close soon. A couple more interviews left. This is theCUBE powering here in London. We'll be right back with more after this short break.


Welcome, traders, to another live market analysis session with me, Patrick Munnally. If you can hear me and you can see the tick mill welcome screen, if you just have a Y in the chat box, so I know that we're good to go. Okay, so before jumping into today's material, as always, want to adhere to the risk disclaimer. Respect to today's conversation, the views expressed by me are solely mine and they are not indicative or representative of those held by Tick Mill UK or Tick Mill Europe Limited. So for those that are here for the first time, a brief introduction to myself after I graduated from university, I left, sorry, I joined a city PLC consulting firm. I left with some colleagues after a few years and went on to successfully co-found and exit a consulting startup focused on C-suite executive search for tech startups. Having a front row seat to the dot-com bubble, witnessing people make and lose a fortune in the markets quite literally overnight and with university friends in investment banking and hedge funds, I decided to explore the markets with some capital to play with and some time on my hands. I started day trading the S&P 500 or more of every day gambling and after some early beginners luck, I racked up some pretty solid gains. However, as is often the case, the beginners luck ran out and as the market phase changed, I began to average down into positions giving back all my gains and ultimately experiencing a significant six-figure hit to my personal capital. I'd say this was gut-wrenching sobering experiences and under statements, had to really stand back and figure out if it's feasible for me to make a living from the market. So I decided to get serious about trading and sought out a mentor with an excellent trading track record. Working with my mentor for a period of 18 months to two years. It was a time during which I not just my technical game in terms of developing strategies that importantly suited my personality. I researched, developed and extensively back and forth tested these strategies, all of which were underpinned by a rigorous risk management approach. But most importantly during this period of mentorship, I significantly developed my mental game and probably the most important watershed shift I made was from being a highly goal-orientated individual focused on financial gains to becoming more process-orientated. So what does that actually mean? Well, it means I had to stop focusing on what I could make from the markets and start focusing solely on managing my mindset to allow me to consistently execute my trading strategy oftentimes in the face of negative feedback from the markets in the form of losing trades. But once you become process-orientated and you have a professional trading mindset and you understand the true nature of trading being a numbers game in which you're simply playing the probabilities, you lose the emotional investment and that hellish emotional roller coaster of living and dying by the outcome of individual trades. So I'm no longer concerned with the outcome of individual trades or even a small string of trades. My focus is on the next 100 trades because I know if I focus on excellence and execution, my edge will demonstrate itself over an extended series of outcomes. My multi-strategy approach has delivered profitable annual returns since 2008. From 2013, I've also been managing investor capital through a managed account service delivering annual positive returns and you can see the performance data on the screen. I'm currently responsible for managing a multi-million dollar portfolio. Since 2010, I've also personally mentored hundreds of traders of all experience levels from complete novices to former CME floor traders in developing the technical and mental skills to reap consistent returns from the markets. In addition to my fund management and private mentoring, I'm also a resident market expert exclusively providing market and trade analysis to what I believe is best in class online brokerage tickmail. Most recently, I've also been retained as the head of trading and trader education for a leading education brand called fxcareerswap.com. At fxcareerswap, we're offering development and funding to retail trading talents. At fxcareerswap, we don't just develop retail traders market and trading strategy knowledge, we work on mindset development through a structure program that culminates in managing the firm's capital at zero personal financial risk on a profit share basis. That gives you a flavor of where I'm coming from. Now we're going to jump into the markets and take a look around and see where the next opportunity set is developing.  If you have any questions or as a chart that I don't cover that you'd like me to take a look at, if you can just wait till the end, I'll open up for a brief Q&A once I finish with the charts that I'm looking at. Okay, so let's get going here. So S&P 500, we're going to start with obviously the benchmark for risk appetite, global risk sentiments, and we are trading up into a pivotal area I think at the moment. Yesterday we tested this 4150 zone, a bit of a pullback, but we've since recovered that overnight. I'm looking for us now to certainly test into 4167, which is this is sending trade line resistance. Now something to bear in mind, we've got options of expiration taking place tomorrow, where traders will be rolling out of the March contract into the June contract. This is in the futures market. So that's likely to cause a bit of volatility and what I perceive may be the case and we'll see how we finish up on today's session. Well, one of two scenarios that I'm watching and both should provide an opportunity. If we roll over here, I'll be watching for a three-way corrected move back into the 4000 level, potentially 3960 zone. What's your bullish reversal patterns of that? This is the scenario to set long positions, but I think more likely at this stage given the state of the market and how the market's underpinned with this huge amount of stimulus and liquidity, I think what we might see is a is a run up here to test the 4200. So we've got weekly range resistance at 4222, monthly range resistance at 4247, and just above 4290, we've got the yearly R1 pivot. So I've been watching this zone here for bearish reversal patterns, especially if we get up into that area tomorrow and we come in on Monday looking a little weak here, I think that will offer an opportunity to play a corrective move into next week as we digest the options expiration action. If we can get that set up, if we can get these bearish reversal patterns in this zone, like I say, I like to be short. In terms of the set up, I don't think we're, I'm certainly not anticipating any meaningful massive correction at this point anyway, and what I'd be looking for would ultimately be a wave three corrective move. If this is going to be a wave one, two, and we're in our third wave here looking for that extent to extend up in here, then what I'd look for would be an equality type swing. Let's just see if we can measure that versus this swing here. So we'll overlay that like that, and then we will get our fifth wave here versus an equality objective from our wave one. So this is the type of thing I would, I'd be looking for is a move back, is a move up into this target zone, and then a correction before we take off again to the other side. So I'm, I'm, I'm essentially looking to try, I'm looking to fade this, this third wave high here, if I can get the price pattern confirmation. And if we can get through this trend line resistance as the initial confirmation that we're heading up into this zone. So that's what I'm watching with respect to the S&P NASDAQ, similar scenario here in the NASDAQ. I'm looking for us to test now up into, we've got this pattern here in the NASDAQ, we're in this send and train channel. So I'm looking for the NASDAQ to get up into this resistance area, 14,400, 14,450. And again, I'm watching for bearish reversal patterns here to set short positions to play for the wave four correction. And then from there, using the same measuring technique, if this pattern plays out, then we'll be looking to reengage on the long side after we've seen at least a three wave corrected move to then target new highs up into 14,700. So those are the two index scenarios that I'm watching at the moment. We appear poised here to push higher into options of exploration. And then I think we could get a bit of a pause profit taking pause. And certainly I want to try and participate in that before looking to realign with the with the bullish trend there. So that's what I'm watching with respect to the equity index is dollar. So we talked a couple of weeks ago just at the start of April about the seasonal tendency for the dollar to kick in with a bit of weakness here. And that's what we've seen play out at this stage. The scenario, certainly this is the equal weighted dollar index is it looks corrective, we can clearly define the three waves here. Let's actually bring in the trend tool. So you can see we're sitting just at the equality objective now. So if this move is to prove corrective, we'd anticipate that the prices stalled out here at this 117 area. And then we'd look for bullish reversal patterns to look for long positions in the dollar. Sorry, this is the dollar versus the Aussie, the yen sterling in the euro in equal measures. And if we get bullish reversal patterns here then the target on the upside versus the swing low here at 117, the equality objective puts stuff at 120. So again, see how we come in back on how we close up tomorrow because one of the key factors to keep in mind is that the majority of these corrective or corrective reversals let's say occur on Fridays and Mondays. So we want to pay close attention to how we trade into the start of next week because this correction could be over or if we don't find support here then I think we're heading back down to test the 117. Let's take a look at the DXY, not quite as clean a pattern here in the DXY. Obviously the DXY is a broader gauge, broader basket, six currencies. What I'm looking for now is really we're looking at another test here of the 1913. So we've got weekly range support 19135. So again similar scenario here if we can get down into this zone and get some demand coming into the market and certainly I think we can get back up and have a look at 9250 but what I'd be thinking to myself at that stage is that this is the initial leg of the bigger corrective move to play out and have us down testing support at 1950 which is the monthly range support we've got this ascending trend line coming in here just below 1930. So I pay close attention to the how this pattern how we trade if we if we put in a base here if you can maybe you can look onto the four out time frames and watch for three three wave corrective move into this resistance zone and I think we then might see another leg lower in the dollar yields have obviously come off from their from their highs here not a major major correction at this stage more a correction in time than price and I still think we can we can see this looking for that that two percent test of all the Fed speakers and they are pretty much coalescing around this idea now of certainly starting to think about tapering in terms of monetary policy so we'll see how that is into the year gold looking I was looking for a pullback into the monthly pivot here we've got weekly range support 1714 to to look for long positions it might be the case now to start thinking about fading sorry engaging on a breakout through these prior highs at 1760 looking for this test of the 1800 yearly pivot from below silver similarly now it looks I was looking for the symmetry swing resistance versus this last corrected swing here to to contain this upside did it did on the first test but we're looking we're looking pretty bullish here so when we get that scenario develop we now have a new swing that we can measure to give us some targets if we can take out these highs and what we'll be looking for then would silver to trade up to 2645 on a close through this high here at 2555 crude oil similar scenario here now that we've taken out this swing high then we can change the measuring objective here for crews because we what we've potentially got with crude now is an ABC correction and see we're getting a bit of supply here at the equality objective 62 75 now if we hold here and we get we get a decent bearish reversal pattern then we still have got the potential for us to trade the broader broader corrective pattern so what we'd be talking about here would be this scenario where we correct correct correct and probably do an impulse move now down to test this ascending trend line support the equality objective versus the current swing high if this plays out that is would be 52 67 and from there we'd be looking for long positions to take out this wave three high at the $68 mark so we'll see if this pattern is going to play out certainly from my perspective I'd want to see it close back through the daily bwap coming in at 60 70 in terms of crew for this pattern to materialize copper talked in previous sessions about the bullish underpinnings for copper based upon stimulus and this this idea of massive infrastructure programs in the US whether or not that's all going to pass well we still have to see but certainly market wasn't prepared to take copper lower and we're consolidating in a bullish trend pattern here potentially breaking to the upside and if we do take take this upside movement if we can get if we get it closed here through trend line resistance then what we can anticipate is something like this to play out with copper up into into this trend channel high here $4.80 so see see if we can get the close see if we get the retest and then some type of pullback into this area to act as support at 415 and then that could set up the pattern on the long side for copper bitcoin obviously with the coinbase IPO yesterday taking out its its reference price at the open goes a little bit weak into the class but I think it's kind of finding support in advance of the open so that's all basically bitcoin take out its prior highs at 61 79 I'm looking for bitcoin now to test this ascending trend line here weekly range of distance 66138 67365 and the thing I'm paying close attention to is this glaring divergence that we're getting and I I sense that that could set up for a little bit of a washout here in terms of positioning shake out some of the weekends where I'd ideally love to to look again at bitcoin we'll be around this trend line support that comes in at 50 000 level here that could be the base then for for the next big leg higher and ultimately I think we get up and take a look at this ascending trend line up into the 83 000 zone so that's what I'm I'm watching in bitcoin I don't try it as such I have a have a cash position I've been holding this last october and I would certainly consider adding to it if we've got a test into this area you've got some got some demand coming into the market there that would be certainly exciting or cheesy dolly one continuing to correct here we've got an open upside objective at the 664 level as we hold 647 the support just consolidating at this stage but that's the upside objective versus this swing low dolly yen has pulled back correcting this advance one two three four five six seven eight so we can expect this now to you know where we get eight swings more likely than not we're going to see 11 swings so eight nine ten 11 and that will give us the equality objective here at 130 06 so again I'm watching as we trade into this support zone here we've got weekly range support 108 40 uh 108 50 was a decent level uh acted as support after the initial break so if we can get bullish reversal patterns here I'd like to take a look at the dollar dollar yen on the long side targeting this this 113 equality objective so we see in line with the other dollar majors has uh has come back got a bit of demand coming in yesterday as we retested the early pivot from above let's see now if we can potentially get up and put in a corrective leg here three wave pattern back into this 93 60 area I think that would be an opportunity on the short side to to play for a deeper corrective move to play out in the swissie dollar cad been in and out of this one it's it's looking like we we are going we're going to roll over here now certainly as we trade below this uh the five-period vwap that sets up a move for this 122 50 the descending trend line projected sending trend line support and uh the monthly range support at 122 65 euro have been long a couple of times in this in this swing up here and taken some some nice profits what I'm thinking it is now that we're trading we've we've actually traded into a symmetry swing resistance so if we look at this last corrective wave here and we overlay it versus our current correction you can see to the tick almost we're we're stalling out of it here at 119 91 it's been a lot trader or sorry desk chat uh through the uh the investment banking trading desk with respect to the potential for a very large double no touch option in play from uh from a chinese fund uh that means that they get paid up they get paid on the option as long as price doesn't trade 120 or above or 117 below so it's a it's a it's a bet basically on uh on consolidation and and certainly as we got up towards 120 yes there was a talk of some big offers in the market as the as that fund obviously going to have to hedge their position to try and protect sorry try and protect it um and we're seeing a bit of a stall out here so if um if this sets up and we get a bearish reversal I think there's a trade there to get a retest of 118 50 and then we'll see if uh if the balls are serious here in terms of taking this higher uh that would give us uh you know that will also be the 50 percent retracement of this move and then I think we could look for a test of the 120 18 descending trend line resistance euro yen uh starting to stall out so this this double top area I've been watching um and you can see we've got momentum divergence and so we just haven't really rolled over every time we've traded down into this 129 80 area bits have come into the market so I want to see that that you know I'm going to see these tails taken out on a closing basis and then you can start to think about getting a move certainly down into the trend line support here 128 47 whilst we hold the bits here there is still a chance that we get up into this ascending trend line resistance before that correction takes place so it's going to be pivotal to see which way we break here as of this uh 138 and 129 59 because I think that will give us the next 150 150 200 bits either way uh an opportunity with the euro yen euro swiss this is one I was watching just in shy of my my target zone here and uh we've since seen a nice move to the upside so if you're in this you certainly should uh you certainly should be risk-free uh whilst we hold support here now I think we can start to think about getting up into the top side of the ascending trend line certainly monthly range resistance on 11 75 euro sterling so what I'm thinking now with respect to euro sterling if uh if this is our wave one two this is our three potentially completed here nice divergence so what I'm looking for now is three wave corrective move so ideally we see something like this and then the target for the correction the initial target is always the symmetry swing so the symmetry swing obviously what I'm referring to is this wave uh too high overlaid versus our three low and you can see that's what gives us the target so watch for a correction here um and I'll be watching for bullish reversal patterns to get in on the long side in terms of uh in terms of euro sterling there to play for that second leg higher euro ozzie nice outside rejection yesterday from that wave four resistance we're taking out the trend line now so I think the scope here for the euro ozzie to trade down um into certainly back into the lows here 152 70 probably a bit of a bounce there but then ultimately I'm looking for this wave five quality objective versus our wave one swing here would have us down 149 94 in terms of the euro ozzie euro cat similar scenario really we uh we've got this the quality objective achieved versus the this last corrective swing and if we're going to bearish reversal today you can see these tails plenty of supply then I think we've got a wave five to the downside to think about in terms of the uh euro cat at 145 so just want to see that confirmation got a little trend line and play there that it'd be nice to see this go on a closing basis to just add some downside momentum into the euro card similar story in the euro kiwi but note we've come into a third test of this trend line here and we haven't been able to break it so for me to get interested in this I'd want to see a close below the trend line uh to to be looking at short positions but we're holding for now sterling I've uh this has been a frustrating one this week because there was a great pattern set up but I think some of the shine has left sterling um that premium about you know the vaccine rollout and the positioning that we've seen the big positioning shift has seen a little bit of the shine from off sterling and we're struggling really to get to ignite on the upside of mentions so I've been in there a bunch of times on this this week um whilst we hold here uh whilst this monthly pivot axis resistance and the descending trend line there is still a chance that we uh we take a look at 135 44 which is the equality objective versus the 140 swing high so if we can't get through here and we get bearish reversal patterns then I'll uh I'll flip on that and I'll look to the shorter side in terms of sterling sterling yen sitting at this trend line uh hasn't been able to to do anything meaningful as of yet but I'd certainly watch for a potential head and shoulders top here that could develop in uh in sterling yen otherwise we uh we could take it out take the trend line out here and um and still hold the monthly range support hold his price for and get that uh that scenario to develop in terms of a double top and an abc corrective move to play for sterling swiss uh similar story here with sterling swiss is a pattern that I like to uh to track and it looks like it might say up here well we have that final swing into the high and then we have a symmetry swing as the first correction from this downside so what we look for would be a move like this into that symmetry swing resistance to set up the next leg to the downside for the correction Aussie has had a nice lift um this week on the uh on the risk on commodity sorry the risk on sentiment in markets uh often supports these commodity currencies but look where we are sitting right at now uh symmetry swing resistance and we also have let's measure this abc we're just in the zone there now so I'm going to pay attention here similar scenario to the euro coming into these these areas and uh and start to see a bit of uh some chips we've taken off the table and we just have to see if that turns into a reversal because versus this swing high here at 78 51 we serve an open downside objective at 74 67 so again just going to pay attention thinking if these markets the if the s and p starts to have a bit of a wobble post the options expiration and that would feed into this this Aussie scenario also taking its cue from the from the s and p a couple more here let's have a look Aussie yen back into its resistance area again this this whilst we hold 84 48 as resistance we have an 81 32 downside objective if we take it if we take this level out then the the other thing we want to pay attention to is the equality objective which would actually put us back in for a potential double top scenario here so a couple of key areas to keep an eye on the double top or if we roll over here then I still think we can take a look at 81 32 Aussie Swiss all nice pop yesterday coming into some trend line resistance here now so if we can take that out protect that trend line out then and this could move higher but if we fail here at the trend line and roll over suggesting this is a false break to the outside various reversal patterns have a an open downside target at 69 53 versus 72 swing high Aussie cat similar story here has come right into its corrective objective and we'll see if these roll over in the coming days if they can't take out the equality objective here at 96 88 then that sets up for another leg to the downside was a Kiwi whilst we hold 1876 watch for 107 27 let's take a look at the Kiwi Kiwi has done the same thing it's coming to its equality objective here as well we've exceeded it slightly but like I say watch these candle closers tonight because we're seeing a bit of supply here back retesting the monthly pivot from below so if we roll over here then there's still a downside objective open here versus the 72 70 swing high at 6902 nothing in that one Kiwi Swiss set up nicely yesterday but again has come straight into that trend line resistance and we're seeing a little little bit of first supply coming into the market so if you're in this certainly want to be rolling your stops up to to risk free now and we'll see if if we can take it take out the trend line then and certainly there's an upside potential here to take out the price cycle high the way three high 67 66 but has to get through this resistance area to confirm so that's the charts I'm watching where I see opportunities developing pay close attention to where we close the week certainly watch these equity indexes post the options expiration tomorrow if we see some weakness coming into the close tomorrow then want to be starting to think about the little bit of dollar strength coming in to correct some of the recent weakness and certainly some of these commodity FX pairs the euro uh are ones to uh are ones to watch are there any questions hi mitchek hello mitchek can you hear me hello mitchek yeah hello can you hear me I can indeed how you doing I'm doing fine so these questions aren't specifically regarding the charts that you've shown but I've got a couple of questions regarding the strategy that I'm back to this thing right now specifically you told me about that so just starting off with yeah so for the core swing strategy in terms of continuation trades right and obviously you've got your it's got to be trading above or below like 75 or 20 and then you have to have your signal candle as well but in terms of entering these positions like what what if they're like trading around the central tendency like because sometimes I do enter those positions when I'm backtesting and they just go completely against me so like is there something else like significant levels that I could be using to identify if that's what what what will greatly improve the continuation is if you are if you have uh if you use the central tendency on the 20 period back on the daily time frame basically give you a read on what the weekly trend is okay so for example here where we get this rotation up into the high we pull back into the central tendency central tendency is green so that's telling us that the trend is up the monthly trend is is green and then once we get that first rotation from the five period b-wap also green that gives us almost a triple con confirmation that we're you know the trend is still intact okay and you can also see here as we pull back we're really just pulling back into these prior highs and they have to support so you can think in terms of basic support resistance to add additional conformation but more the key really what you want to be paying attention to is the orientation of the b-waps okay so they're gonna they're gonna be the best indicator in terms of confirming the trend we've also got a bullish site signal down here and we've got the bullish uh weekly time frame rsi stochastic and we get a bullish reversal here in terms of the near term rsi stochastic does that make sense and also like around these significant levels so I usually draw trend lines like yearly so like a year back so like significant levels around those around those levels so how would you go about it because sometimes price there's like strong upside momentum and then I get a signal for a short from my swing strategy and then I enter that trade and it just goes completely against me in that as well would you like yeah to my mind when you're thinking the way the strategies are broken down are basically to teach each section independently so you can gain an understanding of how each component works but what you want to ultimately do to in terms of trading them successfully is combine them yeah so the major filter for trading a gift for trading a correction or a mean reversion trade is you have to have divergence so if you don't have divergence in terms of momentum then you should just pass on trading you know trying to trade against the trend and equally you should be able to define once you've once you've learned how to to look at the market structure if you're going to be trade if you're going to be fading a trend you want to be able to identify whether or not there's a potential wave 5 higher or wave 3 high okay okay last question but certainly as a basic component you want to make sure if you're going to if you're going to take a swing against the trend that you've got decent divergence okay and also last question this one was for the divergence strategy I'll put on Skype as well it was the for the divergence strategy so like let's say you've got a new swing law and then that test the support band but then the prior law that it just took out does that have to test the support band as well for it to be like a divergence setup yeah I mean this is this is something I understand I can understand what you're saying conceptually you don't you I personally don't use divergence in corrective moves so I'm only interested in looking at divergence into a new high like this yeah if you're talking about divergence here I find it less reliable to be looking at divergence in corrective phases okay okay does that make sense okay thank you I'm always paying attention to divergence in terms of the current trend not in terms of the correction what I'm looking for in terms of the correction is the equal X okay so can I can I identify an equality objective for price to correct okay yeah cheers good sir thanks for the questions Michelle any other questions if there aren't if you don't have a question type an n in the chat box it's just as useful so that I know we're all on the on the same page and I can wrap this this session up here good stuff okay I'll I'm going to close this one out and we'll reconvene at the same time next week have a great weekend everyone