We're joined by Melissa Armo who is the founder and owner of the stock swoosh. Melissa, great to have you here with us this morning and thanks for taking the time. We've seen a two-day rally on the markets coupled with some highs that we haven't encountered since March. So what happened here and from your perspective, where might this momentum continue? Well, I think it's a pivotal week for markets because we're so close to the highs right now that if we don't make new highs by the end of the week, which we only have three more days left in the week, Wednesday, Thursday, Friday, then I doubt that we will before the end of the year. We have a lot of economic data on tap this week and that will definitely affect the markets. But other than that, there's really nothing else that will negatively or positively affect the market this week. You're right. I heard you say we sold off because of the Omicron, but the fact is it could have been an overreaction because we've been up pretty much pretty big since yesterday. So I'm a little bit surprised myself, not surprised about the overreaction, but surprised how much we bounced back. It could have been Apple. Apple did make new highs. When I look at everything else, when I look at the banks, when I look at the large banks, JPM, Goldman Sachs, when I look at Amazon, when I look at Google, a lot of those stocks really don't look that great and they're not near the highs. So you say, why did the market rally yesterday? Why is the market up this morning? There's really no explanation, but you could look at the entire backdrop of this economy really in the last year in 2021 and say with all the people still unemployed and all the job numbers, job openings that we have, why has the market continued to be so bullish this year? Sometimes the backdrop of the economy does not match up to how the market reacts. And so you mentioned the economic data that we're going to be watching out for this week. What most notably is in focus for you? Well, really the number today, we're going to see and find out how many job openings there are. And if that number is worse than expected, if it's higher than expected, that could be a problem. Because again, we want people to go back to work. There's plenty of jobs available, but we still don't have everybody back to work. Part of it could be the implementation of these vaccine mandates and people are choosing not to go back to work. Part of it I think could be some of this economic stimulus administration has put out that's continued. For example, the child care extra bonus. People are still getting that at least to the end of 2021. And I think people may wait until the beginning of 2022 to start looking for jobs again and go back to work because they're receiving government stimulus. And unfortunately, I think that has had a negative effect on motivating people to go back to work as fast as we need it. And the economy really does need people to go back to work. You notice yourself, I'm sure as a consumer, if you call sometimes certain companies, you're on hold for so long now, people just are not fully back to work yet. And so we do know another number of companies, excuse me, who have planned to have employees return to the office next month. They've continued to push out some of those time frames now, now starting to push those dates out even further. What do you believe the impact to the employment situation may be there as well? Well, I think it's terrible for cities, big cities like New York. You don't have the hustle and bustle back in the city like normal, even though, again, it's the end of 2021, back 19, 20 months into this, we're still not back to normal here. It's not good. Google is one of the big employers that has decided that people can wait, and they're going to wait and see and make a decision in early 2022. But of course, this keeps getting pushed off. COVID was March of 2020. We're almost to the two-year mark. So March of 2022 will be two years since the market had that massive sell-off, and we had the shutdown. And it's hard to believe really that people are not full back to the office yet. And again, this affects productivity. I do believe it affects people's motivation while it's convenient to work from home. And some people's personalities can handle it, and they do better from home if they're a Taipei personality. Some people's can, and I do think it affects production, but it's bad for cities because these companies are going to let the commercial leases write out and not renew. Typically, the five-year commercial lease, 10-year commercial lease for these places in the city, and again, LA is another one, two Chicago, please, people are not going to renew the commercial leases if they don't have the workforce, or at the very least, they're not going to renew the same office space. And that's bad then for real estate, for commercial real estate. And I think it affects also small businesses around. You're not going into the office in New York City. You're not going to get your bagel, your coffee.  You're not going to gym human at lunchtime. So all of these things, it's a trickle down effect that affects many, many small businesses in these large cities. Melissa, I only have about 30 seconds left. We've talked retail at length in the past. I'd love to get your take, though, on a name and stitch fix who reported earnings yesterday and particularly on the forecast and their guidance moving lower notably this morning. Well, that's another one. I think that sells off today. It broke the $20 mark. It's it's flirting with around 19 right now this morning. That's another one where again, why are people going to go purchase clothes and buy clothes and think about these types of things if they're not going out as much if they're not going to the office space. So a company like that, I think has been affected negatively by this slowing to get back to work at the offices. Melissa Armo founder and owner of the stock swoosh joining us this morning. Melissa always appreciate the time and thanks for joining us on wake up with cheddar.


Welcome to MSB lecture series on advanced transformation chemistry. In my previous lecture, I had initiated discussion on physical and chemical properties of transfer elements. Let me continue from where I had stopped. If you consider metals such as titanium, zirconium, iron, nickel, copper, silver, gold and platinum, they are used in many ways in everyday life. However, molecular complexes, organometallic compounds, transient metal chalcogenides, I mean solid state compounds and halides are extensively used in inorganic and bioinorganic areas of research, besides their utility in homogeneous as well as heterogeneous catalysis for a variety of organic transformations. Before we little deep into coordination compounds, let us try to understand acid-base concept and hard acids and hard bases have high charge. That means acids have positive and bases have negative charges to size ratio. That means they have high charge to size ratio and also metals are always in their higher oxygen states and hard acids are not very polarizable and have high charge densities. Metal ions with high positive charges and smaller ionic sizes tend to be hard acids. That is the reason early metals, when you strip off all valence electrons, they always try to be hard acids and hence they are oxophilic and halophilic. Early transmittal ions of 3D series tend to be always hard Lewis acids. Small anions and neutral molecules tend to be hard bases. If you want to consider examples for hard acids, H plus, F e 3 plus and aluminum 3 plus are examples of hard acids as far as main group acid and bases are concerned and in case of hard bases F minus, O 2 minus, OH minus hydroxide. Let us try to understand what are soft acids and soft bases. Soft acids or soft bases have a low charge to radius ratio with metals in their low oxygen state. This is exactly opposite to hard acids and hard bases. They are normally larger ions and are polarizable. For example, I minus iodide and S 2 minus sulfide are soft bases and low valent transition metals are metal ions such as silver plus or copper plus or soft acids. Also 4D and 5D metals in their plus 1 and plus 2 ox states as well as later transition metals with filled or almost completely filled with the orbitals or soft acids. Acids such as trimethyl boron, F e 2 plus, P b 2 plus are intermediate acids whereas pyridine and aniline are intermediate bases. An element can also change its hard and soft character depending on its oxygen state. For example, let us consider hydrogen. H plus is a hard acid whereas H minus is a soft base. Similarly, nickel 3 plus is a hard acid whereas nickel 0 in nickel tetracharbonyl for example, is a soft acid. So the figures that I am going to show hard soft trends for acids and bases in the periodic table. For bases the major hard soft discontinuity is between second row that is for nitrogen, oxygen, fluorine and the rows below. You can see here hard and soft acid and bases have given here and if you see the left side of the periodic table and covering almost alkali metals and alkaline earth metals and partly 3D and 4D and 5D metals they are all hard acids and they have less number of electrons in their valence shell and they exist in their highest possible acid states and are hard acids. And if you just look into elements put in blue color they are all soft acids you can consider here and whereas in case of donor atoms in blue in color are soft bases that means soft Lewis acids I would say carbon, phosphorus, arsenic, antimony, selenium, tellurium, bromine and iodine whereas nitrogen, sulfur have partial or intermediate character. Chlorine is also intermediate in nature whereas oxygen and fluorine are hard bases. And here aluminum, silicon, gallium, germanium and tin are when it comes to metallic properties they are soft hard acids. Hard acids interact more strongly with hard bases than they do with soft bases that is the reason the combination of hard acid and hard base is more stable and similarly a combination of soft acid and soft base is very stable. But other way round is considering hard acid and soft base are soft acid and hard base they are relatively less stable. So soft acids interact more strongly with the soft bases than hard bases. Hard hard and soft soft interactions results in the formation of most stable complexes and hard acid bind halides in this order you can see the order shown whereas soft acids follow the opposite trend. For example if you consider early metal fluorides are more stable whereas late metal iodides are more stable. The softest metal ion in the period table is gold plus in aqueous solution it forms stable complexes with soft bases such as phosphines and cyanide but not with hard bases such as oxide and fluoride. And here I have shown some examples of for gold plus one complexes here it is linear and of course we have extensively studied gold chemistry in our laboratory and we have examples for different geometries of gold. For example in these examples it is linear in this one it is trigonal planar whereas in this case gold plus one state being tetrahedral and again it is trigonal planar. The affinity of oxygen plus for soft cyanide minus is very high and hence AUCN twice 2 minus is very stable that means the gold can be oxidized by oxygen in the air in the presence of cyanide. The affinity of gold plus for soft cyanide is very high and hence AUCN twice anion is very stable that gold can be oxidized by oxygen in the air in the presence of cyanide. So this property is exploited in separating gold from sand and other oxides for example you can see when gold is reacted with cyanide that means basically we are taking sodium or potassium cyanide with water dissolved oxygen is good enough it forms this disino orate anion. This reaction is used in gold mining to separate small flakes of gold from large volumes of sand and other oxides. Silver is similarly dissolved by air oxidation in cyanide solutions and this is called cyanide process. The precious metals are separated from the solution using chemical reducing agents or by electroplating. AU3 plus anion gold 3 plus anion due to its higher charge is harder than gold plus and can form complexes with harder bases such as water and amines and auric iodide or rs iodide that is AUi a combination of soft and soft is stable but AUi3 it is a combination of hard and soft is unknown that means one hard acid and other one soft base extreme ones is unknown similar to PBI4. Similarly AUF has never been isolated but AUF3 is stable AUF3 is stable because AU3 plus is hard acid. The use of cyanide ion on a large scale in mining however creates a potentially serious environmental hazard. Cyanide spill at Bea Mary in Romania in 2000 resulted in the worst environmental disaster in Europe. Highly toxic cyanide is gradually oxidized by air to the less toxic cyanide ion. In laboratories cyanide plating solutions are typically disposed of by using bleach to oxidize cyanide to cyanide and the metal is recovered as an insoluble or soluble chloride salt. For example sodium cyanide on treatment with sodium hydroxide in presence of chlorine gives NaCNO plus 2 NaCl plus H2O. So this reaction takes place in the pH range of 10 to 11.5 and sodium cyanide on further reaction with sodium hydroxide or bleach say sodium hydroxide plus 3Cl2 gives 6 NaCl plus 2 CO2 plus N2 plus 2 H2O. So this takes place in the pH range of 8.5 to 9 and similarly cyanide can also be neutralized by using thiosulfate and this process is used in cyanide poisoning in the living beings. And using base should not be considered and if very small quantity of cyanide poisoning is there sodium thiosulfate is can be used. So on January 30th, 2000 the dam containing toxic waste material from the Bea Mary Oral gold mine in northwestern Romania burst and released 100,000 cubic meters of wastewater that was heavily contaminated with cyanide into the lapis and some tributaries of the river Tisa one of the biggest river in Hungary and because of this disaster wildlife was severely impacted by the Bea Mary cyanide leak and all living things along the that river bank were killed and in Serbia 200 tons of fish in the rivers were killed and 80 percent of all aquatic life was totally destroyed the cyanide leak affected at least 32 fish species in that river. So you can imagine the kind of disaster we had because of cyanide process and letting cyanide to contaminate river. Let us come back to transition element series if we look into the first transition series scandium through copper 3D subcell is filling starting from 3D1 to 3D9 and you can see irregularities when you go to chromium. So chromium is supposed to have 3D4 4S2 and similarly copper should have 3D9 4S2 because the electronic configuration listed is slightly different. The reason is we know the fact that half filled and completely filled electronic configuration gives a stability as a result what happens one electron from 4S2 is added to have 3D5 and 4S1 electronic configuration for chromium and similarly copper assume an electronic configuration of 3D10 and 4S1. So this is because of extra stability and of course this anomaly we also see with nickel group where we have D8 and S2 electronic configuration. If you look into nickel it is perfect no issues it shows D8 and S2 electronic configuration but if you go to 4D palladium just below nickel it has 4 instead of 4D8 5S2 electronic configuration it has 4D10 and 5S0 electronic configuration and again there is a difference in the electronic configuration of platinum as well platinum instead of having D8 S2 electronic configuration it has D9 S1 electronic configuration that means the electronic configuration of platinum is 5D9 and 6S1. When we look into second transition series we go through yttrium to silver and again 4D sub shell is filling irregularities are observed for neobium which skips from 4D3 5S2 4D4 5S1 and palladium which goes from 4D8 5S2 to 4D10 5S0 that is what I did mention and irregularities are observed for 4D3 5S2 if you just look into it that also but in this case there is as such no benefit for the stability but the reason is not clear why neobium instead of having 4D3 5S2 electronic configuration it has 4D4 5S1 probably to facilitate more metal-metal bonding and also when you go for higher orbital the energy difference will be smaller and the size is bigger as a result these orbits can diffuse into each other and hence probably this kind of promotion of electron either way it should take much energy and that is the reason probably electrons can be moving or dissociating or associating easily between the neighboring orbitals. When you look into third transition series lanthanum to hoffmium through gold 5D sub shell is filling again irregularities are observed only in case of platinum that I already mentioned the fourth transition series which is incomplete ok actinium to element 104 through element 111 and here 6D sub shell is filling and of course now we have completed the series this slide shows the electronic configuration of 3D series starting from scandium to zinc we have D1 system here and we have D10 system since all the valence orbitals are completely filled here and zinc do not really follow the trends that are observed among trans-new elements and in contrast the chemical and physical properties of zinc cadmium mercury are much more related to main group elements. So metal complexes of 3D series show up to 6 coordination and rarely show 7 coordination 3D series metals or elements are relatively smaller in size and as a result they cannot go beyond 6 coordination whereas 4D and 5D series can show up to 9 coordination for example there is a tungsten 2 complex shown here this can have either capital octahedral geometry or pentagonal biferminal geometry and here coordination number is 7 and in case of this hydride homolyptic hydride rhenium H9 2 minus rhenium is in plus 9 state having tricaptagonal prismatic geometry and higher actin states are more stable in the case of 4D and 5D metal series compared to 3D series. So 3D series prefer to have lower actin states whereas metals in 4D and 5D tend to stabilize with higher actin states and of course here the reason is very simple the size is little larger compared to 3D as a result valence electrons are little away from the nucleus and as a result it is very easy to ionize electrons in 4D and 5D series. For example hexachlorotungsten, osmium tetroxide and PTF6 and here tungsten exists in plus 6 actin state whereas in this one osmium exists in plus 8 actin state and whereas in this case platinum is in plus 6 state. So 3D metals generally show plus 2 and plus 3 actin states. For example very few molybdenum tungsten compounds exist in plus 3 states whereas chromium compounds are many with chromium in plus 3 actin state and 4D and 5D metals generally possess higher enthalpies of atomization compared to 3D metals this is due to the relatively greater metal metal bonding. So while explaining the radius and also melting point I did discuss about these aspects. Let us look into the standard reduction potential for some metals in the first period. So values I have given here and here if you just see I have included calcium also and starts with calcium and end with zinc here as you see the values of alkaline earth metal is negative that means it can be readily oxidized and as the value decreases they tend to be more and more reducible in character that means copper 2 plus can be readily reduced to copper compared to calcium 2 plus getting reduced to calcium in its zero valence state and this redox potential is very very important when we want to use these metal complexes in various applications. Let us look into this question here in what way does the value of E naught for the Fe 2 plus to Fe couple depend on the first two ionization energies of Fe gaseous that means here one should look into the enthalpy or heat of formation of Fe 2 plus is it comparable with the two ionization energies required to remove two electrons from the gaseous iron atom to form Fe 2 plus. So first consider Fe 2 plus takes two electrons in irreversible fashion to form Fe S Fe. So E naught for the Fe 2 plus to Fe couple refers to the reduction process this is the redox potential I am referring to E naught is redox potential relative to the reduction 2 H plus it takes two electrons in irreversible fashion to form hydrogen molecule that means the sum of the first and second ionization energies that is IE 1 and IE 2 refers to the process Fe g giving Fe 2 plus that means you have to take one electron for using first ionization energy and apply another second ionization energy and take strip another electron to form di cation. Now to understand this one this thermo chemical cycle I have shown here first you consider Fe 2 plus aqueous and when you add two electrons it forms a Fe and then a Fe on atomization it forms a Fe gaseous and then when you apply first ionization energy and second ionization energy so you can remove one electron at a time to eventually form Fe 2 plus and then Fe 2 plus hydration and hydration it forms aqueous that means hexa aqua iron 2 plus. So here delta hydration G naught is the Gibbs energy change for the hydration of the ashes Fe 2 plus ion this cycle illustrates the contribution that the ionization energies of Fe makes to delta G naught 1 here the Gibbs free energy change also with the reduction of Fe 2 plus to Ag that is the one. So this is in turn related to redox potential of this couple that means you can relate free energy Gibbs free energy to this equation delta G naught equals minus Z Fe naught where F is 96485 coulombs per mole and in this case is a two electron process Z equals 2. So using this one for any reaction one can find out delta G or any missing component can be found out. Let me discuss little bit about the reactivity series before I conclude this lecture the reactivity series is a series of metals in order of reactivity from highest to lowest it is used to determine the products of single displacement reactions whereby metal A will replace another metal B in a solution if A is higher in the series this information also comes from the redox potential table. So activity series of some of the more common metals is listed here in the descending order of reactivity you can see here and also of course this is the oxidation half reaction I have given and for comparison I have also included alkaline metals and alkaline earth metals and also main group elements along with some chosen transient elements and one should give more importance to these signs this is very important this will tell you about how easily one can be oxidized or a metal or a element can be reduced or oxidized and this chart shows the reactivity for example whether they react with water if not they react with acid or they are not at all reactive. So let me stop here and continue further discussion on transmetallic chemistry in my next lecture until then have a wonderful time reading chemistry. Thank you.


Good morning everybody. Welcome back to another stream. Hopefully you guys are doing great. Without further ado, let's get started So we're coming off basically in Easter weekend, which Which is why Friday was quiet and we really get to work out of it So other than that, I mean considering that New York's closed on the Friday We didn't really get the reaction from the news that we Expected coming in from last week and looking at that I mean we can see what we had last week was unemployment and not non farm payroll. Usually they're really sort of active sort of point in Failing There was the unemployment in there being better than previous ends up being just in full cost Same thing with sort of non farm payroll just slightly higher actually slightly lower Yeah, slightly higher lower than full cost Then sort of reason so To be expected that generate too much of reaction coming on the I mean we did get a decent climb up on the open, but You get too much out of Yes on the on the current exchange open which is Expected So looks like everything's in sort of colors. They didn't really care too much about it. So we can start from scratch And look at sort of where we expecting the current days numbers to be Good and today we have Absolutely nothing Okay, it's gonna be projection today. Nothing to totally affect that so We've got no No little temporary anywhere coming in here Got just On the end of sort of clouds you have this but other than that Doesn't look to be Doesn't look to be too much Backhand sort of stop today You'd absolutely normal day Same thing for Tuesday But normal day you've got a couple speaking at 7 p.m. And 4 p.m. So it looks like after Session We really have both of us a pleasure coming whether they so it looks like everything's doing just build up to that FOMC no sort of minutes Monthly sort of budget statement for March Always nice Coming in Wednesday, so looks like Wednesday is really important for us Both of the bodyguided they are for you with a few minutes then Thursday nothing really following up too strong Jobless decent coming them just in the morning. So I Only really have that and Friday We end the day Pretty weak so looks like the only two major days we should be Looking at this week is Wednesday and Thursday. So we've got that back to back coming for us if you're looking at Where things have sort of come from and where they sort of landed and They sort of built up weekend Friday and the Easter weekend we had to sort of build up short and that large little explosion Just coming in on that Monday show of course. I mean what the rid of these guys all week to here See that nice little builds up As well as little consolidations showing a bit of shorts that are coming through here and here Here and here, but January does look like they want to be swinging themselves back down Say And nothing sort of to finalize I mean you can see like on this spot They just sort of hit the walls it was ceiling came back down The current sort of all we're looking for to try and bounce off support is here If we sort of holds off here, we definitely look where it's Take up higher But look at how things have to be able to do that. It's very it's a very oddity We have a very large sort of buy here coming in from the spot market and they're protecting that if you should buy here, so Also, they just stacking beds on top of the current sort of market by that they've gone doesn't show that on futures you can see on futures Similar but seeds it was a more of a short little maneuver here instead of being a buy but We can see that originally that you have those large sort of liquidations here I mean he does measure this your spot by just here That's where your wall is. So you do look to protect this area here some certain extent So that's now currently where your support lies for today. I mean Anything below that you're like, okay, maybe they decided not to protect it in the first place or they decided to average it down the club Came and hit it. He sort of had some shallow reaction upwards. Maybe they did something like this then they sort of Slowly fell down back into this. So that's what you're ideally thinking about current sort of step if they fail to hold it and Looking at how large that bit was. I mean is a Nothing's out of the realm of possibility Again, it does feel highly unlikely. They feel this bit again You look at this and you're like, okay, everything but then you have this large little point here. Just very very anomaly But very much on me rather and then he sort of resumes itself Normal people will say, ah, yeah, your volumes here. You can see that's that's where your volume lies We've got to come to you but they sort of missed a step into in the sort of Delta where you have the large Sort of trailer coming in and executing here There's something that you're looking again. They even choke them back down into this It came back once just sort of fly fish. No one was really interested. They came back and now as soon as they cleared it on this So step here It is considered to organize those for first too much in the way of Anything coming I mean Transpilers try to see where our current Second I mean you can see the current sort of daily support resistance just sort of pulling itself up this On this sort of hill Again, we have that little flag now Who we could Got a nice little clear instantly here and now it's also putting ourselves on this ledge here just Biding ourselves sometimes so if they sort of fall will hurt go much lower, but Maybe they will try and clear something quick see up top, you know Henry you're holding this you're very apprehensive They've been here for a really long time.  So really like break First things I mean we saw in the book that large little by bid so we might see it try and climb higher At the first point just sort of clear that and then when we start clearing that we get rid of the liquidity Then maybe we can change look that come back down But the way things are moving it doesn't look like it's gonna be overly bearish kind of fake Either way with all holding up nice. We've got a nice little here for us gen roots It's a nice little rise up from this sort of low bottom to create ourselves again We had that little despair area here It came back a lot of low traders came back here. They got instantly punished They gave up here again, then they got then they're coming back ideally here. So Does make sense to try and pull it back and we've been talking about stuff that does make sense You know sometimes training doesn't make sense at least At least it doesn't fully make sense And and it would be this number coming back down and trying this all Tracing back to here would make sure most sense in the long term if we're going for sort of completionary at least we're sort of coming back seeing this number That's it even without trying to come back and Refit this number again, that's a possibility. But again, we're trying not to be really let's be conservative This this feels like a nice conservative number we can Look to the retracement point and it comes in the way of Two-fold is the high here and as well as filling out all the inefficiencies here and back where we have previous points of volume. So And it would consider the range high I Mark that Here again, that would be where we broke out on the high time frame very full We're up this area here where we created this consolidation range that broken here again, that was large center stop hunt and we came back Small tips on the head here and ultimately break broke out here again. This is where I'd consider even even sake If very safe sort of measure sort of say, okay Too bad Look at this and say if we're not being too greedy retracement wise But again, that's sort of bigger picture sort of things, maybe we don't get it yet Later right now people are looking at this and like, oh, yeah, it looks like an easy short is maybe show Prison Had a nice little rise for itself on this sort of point. So they're like, okay, let's grab it on the flip side now Look man. We can see that here. So we sort of see that nice to rise when soon he starts coming down you get people Trying to clam off of that short and Punished instantly and again, they came back and now we sort of know that Hold here definitely punish those Early sure it's a bit more before sort of committing to that down the short point Maybe the way you don't have that We don't have enough in the way of trade of volume or desired sort of trades and the Opposite direction so it's holding this up again today Might be a it should be relatively quite a day in terms of you probably get one direction Firm direction Everything should be based off of price action. Nothing sort of out of the ordinary nothing though. So nothing Sides to go five different directions at the same time Be very short of a telegraph trades Like I said quite Monday should just set up or Tuesday, which should set up Wednesday and Long and short of it. We'll look at Market wise see how that's looking see if that comes in Looks about the same or gives similar sort of vibes It does hey, that's a lot better for us if it doesn't look at Is it gonna sort of mess up our picture that we have for Bitcoin? So if we look at sort of yes, we came in Open here you can see Similar sort of Area here where we then we sort of paid these guys out here on that Asia little swing Then we saw pushed back down for it out whereas Bitcoin hasn't done that yet So now we saw level here So again Could definitely see it try hold this area here. Maybe it needs to go this deep as Tracement just sort of to give Me luck was the right levels that he used to Bitcoin or Bitcoin sort of is and add that right level and didn't need to drop to match this sort of job So now sort of look at it Okay Just sort of push itself springboards off of this dress Punish the people who came in here came in short on this Look at fire where Ah Your market will come in again. They already coming in pretty under they're coming in about what six About here you come in in pretty much where The yes equivalent is just around here.  Maybe then that is your short general short for the The taking you know They just blast past this and they cleared the high rather than just come in and show for this Then you're looking for a proper continuation off from a retest But then again, you can run the risk in is your way you probably Reaches around here. So you're selling again when you probably reach this when you're reaching this Just to be safe. You're adding back on retest decide yourself again, you're looking at this Came in now looking to metal out east east of weekend came Nothing too major happened Now it's over opening up on Monday. We're getting down. We've got we had decent numbers off the backboards Unemployment generally don't care now numbers you get them Dayton So we're looking at this and say, okay, we're opening wherever this opens spies open On a large gap down so this essentially Met itself with that spy open now. We've got to look at spies like okay. Where does it opens basically? Equivalent here, and it's already looking like you want to go higher.  Is that okay? He wants to drive itself fire potentially where would it do that to maybe here? We have our large long support here So ideally if we're going to sell on that open, we're not selling too much Doesn't make sense for Bitcoin to try and put itself to par down Ask the initial sort of step here Again, this is where you want to see support about 288 250 Yeah Other than that, you're not really looking everything seems sort of line up or match up again You've got these sort of shorts coming in so you go at least sort of try and move these guys out outside Yeah, the build up of shorts. So it's nice because we can expect some come in the way of being liquidated in this very heavy resistance Normally, but again, you've got the eyes of long from the spot here kind of just throw the spanner in the works Just coming in very high actually here, so maybe sort of squeeze it out and build that short heavy Feeling of long when we get that spy coming up close off That gap that avoid that we have then maybe you then go down in the only reason for trying to say that We probably have a rise is just getting looking at this red heritage Describe it something that doesn't fit in the World view that we're building We're gonna have to look for Higher Okay, I think so too You know, I'm really commit higher because but already a lots of our Longs coming in from the other side So we've got to see that then she dropped somewhere up here We see that then you got to match that up with this Yeah That we're gonna get again opening here You're gonna get a gap if they come in match this here or even match this much higher up here You've got to sort of see that and just say, okay, there's your sort of two levels as one this too So you've got to see if they come in they match this here With that sort of basement then they sort of come back down Bitcoin push itself down as well We get that rejection of this Bitcoin took out the high here only took out the high after pushing itself here Very of it may be generally looking for it to be sort of take out some highs So it's something that you'd maybe expect if you're on the very side That's the only sort where you're sort of when I was trying to probably get a short out today Other than that, I think it's mostly on the other side Your day, I mean this is setting up very sort weird side but We extended on the Sunday, and then we just had lots of massive Asia that Asia created that And that was pretty on the underside too, which is sort of pretty bearish Peaks where you have these longs, but the same time you have long supporting yourself here So unless we sort of fit this out So with this basically start again and we're sort of bullish past this point here And the song is off pinning on the opposite side and then we're higher But if we start coming in just to clear out these highs here Just look for that to reverse If we get that spot But nothing solidified should be a simple sort of wait for the session And once you get that session print you see where it's a trade would sites trading Look for a stop at lower high Just trade the inverse that I mean if we get a stop on the high Just count that get a stop on the low Again, just pull that up. I mean there's nothing really solved too much to discuss today Really early today Session threads. Oh, no, but has bad news ever been actually not you know, I'm normally bad news in the decent Investors are suddenly worried about potential recessions That means bad news on the economy might not long be good news Until until recently investors welcome science of slow economy Figuring it might mean federal so stop rate interest rates presumably in time But a recession as inflation called and again, that's what majority thought You know, you would not be wrong along those lines Hey, we got an actual 25 base points for that come out Even with those banking crisis On top, you know, why is nothing slowing this down? I don't go following last last month's banking troubles investors seem to be more fearful of a potential downturn market watch has said The markets shifted in focus from inflation to recession this year According to Michelle or a portfolio manager at the farm the recent employment Data adds that to the growing evidence that inflation is slowing down and even if we Take into account a more dovish monetary policy the main focus is recession Is a thing that we're getting news articles about bearish points this we might get a short term job bullet So we might get the charts to react off very very differently It react very elastic for a bit like no way why is it not Pricing in recession. Why is it not fixing itself back down? It's like, oh, there we go.  Why am I in this lock? You think to yourself say I ended because it held itself. You look strong quote quote I'm just like these three guys can read on your own time, you know, you will clearly look at some old coins The pathway data fresh evidence that you essential bank tightening cycle is finally Having an effect on the labor market. Meanwhile job reports were strong and the US are adding 36 jobs as some heads that the labor market is softening ADP on Wednesday was said the private sector added decent amount of jobs in March that fell below 2100 10000 Expected by columnist jobless claims of data Thursday Morning showed first time in application benefits last week came higher This was not waiting for much consumer price index released on Wednesday big day And the producer price index to Thursday. So again, we know those days About them earlier, but again shows that they're the only two days that of the week But this week that matter so I wasn't there everything else is quiet Economic day, I would believe that slightly bad news is good, but It's It's a good it's good to extend the labor market reading strong, but there's fears that Economy is going to crash Okay, oh No doubly Doubtful about rally sustainability. You know what I'm wisdom. This is one time the way I agree with them And that makes me think am I wrong? I'm agreeing with me to meet you and very doubtful of this rally. I mean we did have some coming in from Yeah, we have built in rally here came in here And it just looks like a double top and we've talked about the double top here Just looks like a nice little double top. I mean, this is coming in already here We want to we want to see it go down ideally Honestly, they understood really What ultimately might end up happening we extend it a bit higher Wednesday because remember we got Wednesday and Thursday so January we want to be trading in the On the higher side. We want to be trading along until Wednesday because but we're bearish for Wednesday so we want to Be price trade bullish for the Monday to try to trick out traders for the Wednesday Because remember it's all about building traders in the wrong direction so you can leverage their liquidity to Move the market in the direction that you wanted it, which is where the liquidity is Liquidate push the market in the direction that you wanted We see dumping pimping or cramping I'd say it's pretty much Pramming I guess I don't think you'll be pimping man Ain't no ain't no pimping today. It shouldn't it shouldn't be too major I Mean but again Probably see some level reaction because we have to see the first US open from From that Easter weekend, so we're coming in from a three-day weekend After news that hasn't been sort of priced by retail I have been priced by the actual markets correct itself, I think So good news And it'll case long so we may see I see some Comfortably but general sort of fun if you're unsure just wait for the Wednesday Or if you're on charge to do the opposite Whatever the range of ends up being but again if we sort of go come back down further and then explode Or we push it without sort of trading low and then build that back Again was that being said? Check all kinds of Think it's probably time I go To save today, I want to keep you guys stitch for any longer than I have to oh there we go This is how far they remove this which is always I'm not so good shine for this being a All that we can trust so we don't want to care for it as support We still have that sort of volume error. So, uh, we won't disc So discontinue it too too far, but now it's also looking to ourselves and saying, okay Uh, there's more of a chance that it sort of buys itself lower Uh On the future again same thing happened. They removed at the same time Maybe they no longer interested in Holding that low Or they know they're not really gonna Need this there. So they move the liquidity up top at the same time. Interesting Sort of a little maneuver coming in from them other than I think Nothing to say nothing more to say Uh There's nothing that changes in my opinion and outlook of uh today Again, most things do look a bit bearish, uh, but We might see a bit of a build up a bit of a squeeze. We've got a gap coming down from, uh Spies are here Got a nice little gap on the open That gap will sort of lead us to then Try and build up into this void potentially We'll have here we'll open here. We'll have this nice little gap for us to trade into Again, sometimes we can sort of leave it open, but generally if we're sort of looking to sort of retest this Uh, doubt that I leave it open, uh Again should be a nice little price action day. We just have this Potentially stand down and that'll be your first bearish point. It's about a second one is up here Uh in terms of trying to reverse this But generally nothing else too major Other than that Other than those areas Looking for But building up to that Wednesday so Depending on the builds up today will determine Tuesday then Wednesday we can reverse everything that we did So depending on your bias is for Wednesday just trade accordingly the opposite But that's about much as I can say today.  Hopefully And I'm a bit more refreshed and uh