Hey yo, what’s up everybody? What’s going on folks? Welcome to the True Trading Group live stream. I hope you all had a wonderful weekend. Hope you had a wonderful holiday. I would like to uh just wish everybody um happy Memorial Day. Hope you enjoyed the day off if you were barbecuing, whatever it is. The one thing that I just ask is just don’t forget the reason why we had off today. Just don’t forget the reason that we had off today. It’s their sacrifice. It’s our freedom. We recognize the real true heroes on this day. I want to give a big shout out to all of our, you know, active and veteran uh military men and women that are out there. Truly love each and every single one of you. And I hope that you all had a wonderful weekend. And I hope that everybody is ready to, you know, get back on the saddle and get ready to make some money this week. It’s been a wild and crazy move that we have seen in this market. Um, and yeah, you know, let me I don’t want I don’t want to move I don’t want to move on from that too quickly. I don’t want to move on from that too quickly. I I want to kind of go back. I want to sit there for a little bit. Um, we have a lot of uh military members actually part of True Trading Group. We have veterans that work for True Trading Group. We have members that are veterans. We have members that are active military service. Um, and nothing makes me happier, nothing makes me happier than to h than to to help those people any possible way that I can. Um, and where’s my boy Jimmy? Jimmy Benson, are you here? I feel like Jimmy Benson’s always here. Jimmy Jimmy Bench is one of the guys that always comes to mind. Um, and I, um, we have Navy Vet is another user. His username in chat is actually Navy Vet. Uh we have so many we have so many Shai who’s a moderator at your training group who who is who is a a uh a veteran done you know two tours over in the Middle East. Um I’m pretty sure I got that correct Shai if you are here. Um correct me if I am wrong. But um yeah I just you know everybody kind of looks at Memorial Day weekend as like the unofficial start to summer and everyone’s like oh we got Monday off. Everybody barbecues. But um I even feel silly saying happy Memorial Day. I just want everybody to just remember the reason why um why we have this day off. You know um they all gave some but some gave it all and um you know we remember all of those who have made the ultimate sacrifice throughout the years on this day. So with that said, a very special place in my heart, very special place in True Trading Group’s heart for the US military. Um and and that’s it. So I just wanted to say that. I don’t want to move on from that too quickly because it is something I care very deeply for. It is something that we are um are very involved in at your training group. So I just wanted to put that out there. That’s all. All right. So let’s let’s kick some ass. Let’s take some names. Let’s talk about how we’re going to make some money here this week. I want to welcome you guys all to the True Training Group live stream. Yes, let’s go Knicks. Going for the sweep here tonight. I will be checking that out at the end at the end of this live. Uh I know the game has has just gotten underway, but I want to welcome you guys to the live stream. My name is Michael Edward Parinati. I go by Michael Edward. I’m the co-founder and head trader of True Trading Group. You guys have to understand TTG is not like your other courses, not like your other chat rooms with courses and trade alerts. Yes, we have those things, but True Training Group is something so much bigger. something so much more. This is an entire fintech platform and trading terminal and system for retail traders. Uh we have 11,000 members from 114 different countries. Truly a global community. This platform exists to help you learn faster, trade smarter, and profit sooner. It’s exactly what we’re going to do here tonight. We are very proud to be powered by our partners at the NASDAQ, Benzinga, OpenAI, Trading View, DataBento, and of also, of course, Unusual Wales. See, TTG is an awardwinning platform. having received the Benzinga fintech award for best AI analysis tool. This a platform that’s built on education backed by experience strategies proven through success and tools that actually think and are customized around you the individual user. So no matter who you are, what you trade, how much money or experience you have or don’t, TTG exists to help you to make money. It’s exactly we’re going to do here tonight on this live stream. Now you might be wondering if you’re new to this channel. I’ love to have you guys here or love having you guys here. Subscribe to the channel, smash a like button, and show some love. Turn on your notifications so you never miss out any of these live streams that I do in the future. But you might be wondering why you should pay attention to anything that I’m about to discuss because I’m going to discuss with you some pretty important things. Okay, we have futures at alltime highs. We’ve got a lot of news headlines that have been coming across the wire these last two days. And I’ve got my watch list. I’m going to give you my exact detailed plan of how I plan on making money this week. the stocks I’m looking at, the ticker symbols, the entry prices, the exit prices, the direction. You’re going to get it all. I’m not a Monday morning quarterback. I come out here every Sunday. I stick my neck out there and I tell you exactly what I think the markets are going to do and I tell you exactly what stocks I’m going to be going long, exactly what stocks I’m going to be going short. If you listened to my live stream last week, then you had a phenomenal week because I gave you a couple of trade ideas on Sunday and they I think all of them. I have to go back and check every single one, but I know I know most of them for sure. The software names, the semiconductor names or some of the things that we had talked about last week, they all worked out last week. So, it could have been a really big week. Even if you’re not a member of true trending group, if you just listen to what I discussed on the live stream, you could have had a really great week. So, we’re going to recap that and then we’ll get into what it is this week that I think we’re going to see um from the markets and some really interesting data that I want to talk to you guys about that uh I’m a big stickler for data and I really like to rely on the data that we get from Goldman Sachs prime book because Goldman Sachs actually handles a lot of the trading volume activity for hedge funds and they are when they put when When they say positioning is offsides or positioning is too light or positioning is crowded or positioning positioning positioning, they’re a really good source for that information because they actually can see what a lot of hedge fund positioning looks like because their prime desk handles a lot of that trading activity and handles a lot of that order flow that comes from those institutions or comes from those hedge funds. So, there’s some really interesting data there that I want to talk about. I actually posted it on May 20th. Yeah, it was May 20th, 5 days ago. I actually posted it up on my X account. If you guys don’t follow me on X, go ahead and give me a follow. It’s Mike Edward_TTG. Again, it’s mike under, excuse me, Mike Edward_TTG. You guys can go ahead and give me a follow there. Um, and I’ll talk to you guys a little bit more a little bit more about that. But why you should pay attention to what it is that we’re going to talk about on this on this stream is I didn’t figure this stuff out on my own, right? I didn’t scoured the internet and watched thousands of hours of YouTube videos. I didn’t sit in Discords. I began my trading career working at TP Alpha Fund in New York City. It’s a fund in New York City. I went through a training program before they let me touch $1 of the firm’s money. And then shortly after that, we had 2008, which is the great recession, the huge stock market crash. But that was actually also the same year I received one of the firms trader of the year awards. Now you fast forward, I’m the co-founder and head trader of True Trading Group along with my team of seven other professional full-time trading mods and over 30 person staff. We’ve helped thousands of members from all over the world reach their goals. Okay, like I said to you before, 11,000 members, 114 different countries. We day trade, we spring trade, we cover long-term portfolio investing, we trade stocks, options, crypto, futures, you name it, we trade it. There is literally something for everybody here at TTG. The mods and I share our screens with you during the day. We trade with you live all the way through into the close. You’re not gone after an hour or two and you left to fend for yourself. We have an entire suite of AI tools. That is the reason why we received the Benzinger fintech award for best AI analysis tool. It’s the reason why we have partnerships with Trading View and Unusual Wales and um and the NASDAQ and data bento. We work so closely with OpenAI. This is the reason why we are able to to have the fintech platform that we have and and allow our traders and our members to use the tools that they use on a on a regular on daily basis. And I think that, you know, the reason why so many of our members at your training group are successful, it’s not it’s not because I’m the world’s greatest trader. Truly, honestly, you know, I I’m a damn good trader. I’ve been doing this for 19 and a half years, okay? But I’m not the world’s greatest trader. And I don’t claim to be sure. Does my my guidance, my experience, my mentorship, my my my trades, does that all help our members become successful? Sure. But is that the reason that they’re successful? Honestly, over the last two years, we have spent so much time, effort, money investing into the platform and building out the suite of AI tools that we have that I would say convincingly and surely that those things are the reason the TTG terminal is the reason that so many of our members are successful. We have our members stay with us at a like 74% clip. Like that’s our retention rate amongst our members. Our refund rate at your training group is less than 2 and a half%. We’re four and a half out of five star rated on Trust Pilot with almost 3,000 reviews. And it’s because our members are successful. And by successful, I very honestly plainly mean our members actually make money. And that’s what matters most. That’s why you guys are here. You’re here to make money, right? You’re not here because there’s a cool painting hanging behind my head. You’re not here because you’re a Yankee fan. You’re here because you guys want to make money. That’s exactly what members of TTG do. And if you don’t here, I’ll just ask. Members of True Trading Group that are on this live stream, do me a favor. Type the number one in chat right now. If you’re making money and you guys are becoming better traders because of True Trading Group. If you’re making money, type the number one. And anyone that’s on this live stream that is not a member of True Trading Group, I want you to pay attention how many people you see typing one. All the people you see typing one, these are members. These are members that saw me on a live stream, joined True Trading Group, started using the tools, started following some of the trades, and now are sitting here telling you that they’re actually making money. If they can do this, and so can you. There’s no reason why all these people are sitting here telling you that they’re making money and you can’t. There’s just no reason. These people are not luckier than you. They sure as hell don’t have more time than you. 82% of our members have a full-time job. If they can do this, so can you. I do not expect you to sit in front of a computer screen all day every day. You don’t need to anymore. If this was 15 years ago, I’d say, “Yeah, you got to you need to you need screen time. You simply do not need that anymore.” We have our active trader mode feature, which Adam just did um a whole workshop with everybody this weekend, um like a training on our active trader mode. So, we have a couple of different tools that have bever trending. We have our holy grail trade planner. We have our AI charting software. We have Mari. We have Mari’s our AI persona. And then we also have um our accurate trader mode trading assistant. And we just actually launched our live trading our live trading function where members can actually connect their actual brokerage accounts to the hour trading assistant active trader mode. And what you can essentially do I mean you can there’s so many things you can do. We need to give you some examples and this is why you don’t need to sit in front of your computer screen anymore. We have a trade plan generator called the holy grail. Members of true trading group have generated around 450,000 trading plans since we have released that tool. The accuracy and the win rate on those trading plans right now is 72%. Sean Johnson is using active trader mode right now trading futures literally. So Sean Johnson Sean Johnson right there is a member of true trading group and futures are really whipping around right now pretty pretty violently. There’s a lot of really great action and really great moves here happening right now on futures. Uh, and Sean is actually using active trading mode right now to trade futures. That’s that’s actually amazing. Sean, good luck, brother. Rip it up, man. Rip it up. Um, but you could run the holy grail. Get a trading plan. It’ll tell you, you know, give you an entry. It’ll give you your stop loss. It’ll give you your profit targets. And it’ll give you a confidence score. And you would all you have to do is type in what do you what you want to trade your account size and what style you want. So you would put in I want to trade an option. I want to trade Tesla. So you want to trade Tesla options. You put in your account size. Oh, here’s the girl I do. Thanks Brett. So right here’s I’ll show you guys real quick. Let me just show you. So you can do a standard run which is one analysis run. It’s it’s you know a lot faster. Or you can do a pro run which is multiple analysis runs that gets get you know summarized into one. that takes a little bit more time. If you’re scalping, you don’t want to run a pro run. If you are looking for like a longer term day trade, like a day trade that’s going to last maybe a couple hours, you can do a pro run. And if you’re looking for a swing trade, you definitely do the pro run, right? But you can do you can select one or the other. For this, we’ll just do standard. And we can just put in spy. Um, leave it leave it as stock. And then you would put in your account size. And then you put in the percent you want to risk or how much you want to risk on the trade. And then you select style. So, the styles you can choose from is scalp, day trade, swing trade, or long-term investment. Okay? So, you can just choose whichever one it is that you guys want to want to run. And that’s it. And then you click run analysis. You sit back, you wait, you let the thing do its you let it do its thing. This is an algorithm. It’s 80% deterministic means there’s actually rules and strategy and process behind it. It’s it’s a rulesbased system. And then like 20% of it is AI interpretation of data. And this is this is our our our holy grail trade planner. So now you’ll sit back, you’ll wait like 90 seconds or so and then it will give you a full detailed trading plan. It’s going to give you a confidence score. Okay? Now if you get a trading plan that comes back 55% confidence, I am most likely not taking that trade. But if I get an 80% confidence, you bet your butt I’m going after that trade. Okay? It’ll give you the entry zone, the stop-loss, the profit targets. It’ll give you specific price action on what would be the trigger for you to enter your position. It gives you price action to that what would have to happen that would invalidate the trade and tell you what would it would tell you if this happens then do not enter the position. It’ll give you the position size that you should be getting into according to the risk to stay within the risk tolerance that you entered when you initially um you know ran the ran the tool and you guys can actually see the full report and the full detailed breakdown. So here it is. So here here’s here is the the analysis. Here’s just an example of the report and just I’m not going to go through the whole thing. You know, you guys can check this out. You guys can join our trial and you guys can check this out. You can actually go to trueradinggroup.com/990. If you’re not a member, you guys can actually join. You can use our tools for 90 days for just 90 bucks. It’s a dollar a day. You get to use the entire suite of AI tools. This being one of them. Just go to trueradinggroup.com990
and you guys can sign up and you guys can actually use these tools. Um you guys can actually use those tools. Um I think we just lost Brett’s screen. Yep, there it is. You guys can just go can go ahead. You guys can use um use these tools. Um yeah, let’s go back to the holy grail though, Brett. if you still if you still have it up. I just I was just throwing that out there just for people to to know how to if they do want to do our trial, but I I wanted you want to stay back on the holy grail if you still have it. If you still have the Yeah, perfect. So, just scroll back up to the top if you can real quick, Brett. And I’ll just guys I’ll just show you this is what the run looks like. So, you’ll see it says spy long right underneath it. It gives you the confidence score. It gives you a quick little trigger summary. It gives you position. This is the summary. That top window is the summary. And as you scroll down, you can see the individual agents. It’s a multi- aent system. The agent on the left, okay, the agent on the left is the technical agent. The agent in the middle is your macro agent. So the left agent is technical analysis. The one in the center is is um economic data is, you know, news. The one on the right is a wildcard agent, which is just a risk agent, which is just going to be telling you, you know, what could potentially happen that could go wrong on your trade to make sure you’re always prepared for what could hurt you. And as you scroll down further, you guys can see it gives you very detailed entry, exit, you know, uh, profit targets, and you guys can just, you know, can go through. Just I wanted to show you just what the report looks like so you guys can actually see and get an idea of what this is and how it works. But essentially what you can do is you can run this trading plan and then you can pass this trading plan off if you if you run it. And now this also it says at the top you know and then this is for the spy. This is not for ES or MEES. I actually we probably should have did futures because the futures market’s open right now. This is for the spy which is the equity which is not open right now. So that’s why he says see the the warning that it gives you on top that the markets are closed. this is a trade idea for tomorrow that and it will tell you you should run another holy grail trading plan tomorrow morning before you act on this trading plan because you want to make sure that nothing’s changed from that prior run into tomorrow morning. Obviously, a lot can happen between now and then. So, you want to run a fresh uh trading plan tomorrow morning. Um so, I we should have did futures, so sorry about that, but this this example I just I ran was a slide. Um but you guys can see how it works. So, what you can do is you can run this. You can send it over to active trader mode and active trader mode will then trade this plan for you in your brokerage account while you are busy at work, while you’re watching your kids soccer game, while you’re just swimming in the pool or maybe you’re laying in bed because you don’t feel well. Okay, our active trader mode can take this and can place the trades for you connected with your brokerage account. This is what I’m talking about. You do not need to be sitting in front of your computer screen anymore. or all day, every day. You can run this trade plan generator, which has a 72% win rate on 450,000 trading plans generated so far, dish it off to active trading mode, connected with your live brokerage account, and it can actually place the trades for you. Get in where it says, get out where it says. That’s what we’re talking about here. That’s what’s part that’s what true trading group is. That’s just an example of some of the the tools that you have available when you guys join this platform. And I’m talking about it to trade mode right now because Adam, my business partner, the co-founder of TTG, actually did a uh workshop literally today, okay, showing a lot of our members how to properly integrate and connect their brokerage accounts to the system and um and how to use everything and all the different tools and features and functions that are available. And it was uh was a really great was a really great session. So um yeah, man, these these are some of the things that are available on the platform. That’s what I mean. If you’re not a member, you guys can literally just go to TTG. I’m sorry. TrueTradinggroup.com. I I keep saying TTG. TrueTradinggroup.com990. And now you can switch over to that page, Brett. So you guys can go to trueradinggroup.com990.
And you guys can join our you can join our platform. It’s unrestricted access. So you guys get access to the full platform for 90 days. I’m just going to charge you $1 a day for you to use this stuff because we are going to lose money on you. AI is usagebased, right? So, we’re going to let you guys join here for $1 a day. I assure you it’s going to cost us more than $1 a day, but we don’t mind because we’re so confident in what it is that these tools provide. We are so confident in the success that we are seeing from our members. We are so confident in the statistics that we see. Everything is fully fully transparent. We have technical documents on all of these tools. Okay? We have a software that goes through and tracks every single one of these holy grail runs. Okay. And then that that uh workshop that my business partner, the co-founder training of Adam that he just did here today was just a complete, you know, just home run for members as we’re starting to roll out that live trading feature and that live trading function, right? So you guys can use all of this. I just want you to use the tools, see how they work, implement them into your trading. Let’s make some money together and then we’ll talk about becoming an annual member of True Training Group. Forget about the annual commitment. Forget about the the the more expensive membership and the year-long commitment. Forget about that. You can do a dollar a day. You can do a dollar a day to join an award-winning platform with 11,000 members from 114 countries that actually make money. It’s going to cost you $1 a day. In case you missed it earlier, one more time, I’ll ask members, type the number one in chat. If you guys are making money, if you’re becoming better traders because of True Trading Group, just go at it right now and type the number one and then we got we got a lot of stuff to talk about. We got it. There’s a lot of news obviously over this weekend. I got my trading um my trading plans, my watch list. We’re going to go through all this stuff with you. But if you are not a member, pay attention to how many people typed in number one. These are members of True Training telling you that they’re making money. If they can do it, so can you. There’s no reason why you can’t do this. They’re not luckier than you and they don’t have more time than you. So you can go to trueradinggroup.com990.
Everything on that page is included for just a dollar a day. 90 days. Make money with us for 90 days. Then we’ll talk about becoming annual member. If you have any questions at all guys, we are fully transparent. We are open books. Send us a text message, okay? Text us at 1888-621-2127. The phone number is right at the bottom of your screen. And again, that’s 1888-621-2127.
Okay? Again, the phone number is at the bottom of the screen. If you have any questions, if you need help, if you’re concerned about something, whatever it is, you need clarity on something, text us. Okay. Yes, Wilson. Yes. Thinker Swim. Char, that’s Charles Schwab. Yes. Yes. Okay. So, again, any questions, you can text us. Otherwise, just go straight to trueraininggroup.com990
and you guys can join that trial. Get get unrestricted access to the platform, use all the tools, take the trade alerts, listen to the mods, talk to members.
All right, it’s our 90 for 90. 90 bucks for 90 days. All right. Again, true.com990.
All right. With that being said, let’s take things on over to the charts
and let’s talk about what we got cooking.
Right now, futures are up almost 7%. Okay, we’re up almost 7%. Uh we faded off a little bit. You know, we were gapping up to all-time highs. There’s a lot of news that has come through. We still are gapping up to all time highs, but we were up we were up 1% earlier. And there’s just been news headline after news headline after news headline that the US and Iran are extremely close to finalizing a deal um that would end the conflict, that would reopen the straight of moose. Um they have agreed to extend their ceasefire um that was announced in April. they’ve agreed to extend that um again and even further and um Qatar has been very heavily involved. Pakistan has been very heavily involved. The rest of the Gulf nations have been very heavily involved and it looks like the two sides are coming down the home stretch. Looks like they’re kind of right there at the finish line. They just have to get off get across the finish line and we were up 1%. Then there was news headlines coming out that there were explosions being heard in the south of Iran right where the straight of moose is. Um and nobody knew really what these explosions were at first and then the market started to pull back. Then we had found out that what those strikes were was the US military had hit some um missile launch sites and also struck some u mine laying boats that they were seen in the straight of vermoose where you had a couple of boats that were looking like they were going to be trying to lay some mines out in the straight of moose as a defense mechanism in case talks broke down and the uh the US military blew those boats out of the water and then it looked like some of their their missile launchers were locking on to some US aircraft. So they took out those missile launchers as well. The strikes were said from the US were said to be defensive strikes and then they stopped. They just took out what they perceived to be a threat against US troops and then they stopped and there was no further um there was no further action or no further aggression or no further attacks from that point. Um and the US military came out and still said no we still ceasefire is still intact. This was just a defensive action where we felt our troops were were in jeopardy our troops were in danger and they removed those threats um swiftly. So when that happened the market started to pull back off of that 1% you know high that we were at previously and we’re now pulling back a bit up around point now we’re even we’re drifting a little bit lower 65%. And we’re now coming into like 6. Still a very healthy gap up. Even 6 is still a very healthy gap up. Um but you are fading out off of those highs. You will have an absolute brick wall resistance level. If you guys are are trading futures, there’s an absolute brick wall resistance level that is sitting up around 75 um 65. Okay, 7570. So 7560s that zone 7560s, okay, it’s like 7565 up to 7570 is a massive level of resistance. For those of you that trade futures, I would suggest that you draw a line right across that area and focus very heavily on it the next time that futures get up into that zone because it should be resistance when we bump back up into that area. It should be resistance. Okay, if you’re looking if you are a scalper, you can take scalps off of that level. All right, and that’s also what ends up being the breakout point. Once that resistance level breaks, you look for some extension, some upside from that point. Okay, so we are getting a little bit of a pullback here 65 still gapping up to an all-time high. And what I’m what I think we’re going to see here, you know, we’re kind of in a similar place where I had said to you guys last week on my live stream. I said to you last week on Sunday, I said I am coming into this week meaning last week looking for a red week. And I told you that after the gap down that we saw on Friday that I believe the market was going to start off last week we week ak and that we were looking for shorts Monday Tuesday and then if there was news around us and Iran then we would completely flip out and okay we’re not going not flip out like freak out we were going to flip back out of our short positions and that’s exactly what happened last week. We were short Monday and Tuesday. We covered out of our positions on Tuesday. We actually were short some of the semis and so XL which ended up being a fantastic trade last week. Okay, that that was this move that you saw right here, right? We got right into our support level. Our support level was 135 and I saw XL and this is what I went over with you guys last week. And that was just this previous previous resistance of all-time highs before that the extension and we covered out of our positions down there in the high30s. And then you got the news, okay, about the US and Iran. And that took the whole markets back up to the upside. And that took everything back into the green. And the pullback that we saw on Friday lasted just another like one day and a half or two days into Monday and Tuesday. And then the markets turned around. So here’s your 3-day pullback. And then we got news. The markets turned around and pushed back up back to all-time highs. So I very specifically said to you on this live stream literally just seven days ago exactly to the to the day here I said oh actually no it’s a lie because today is Monday so it’s not seven days okay so eight days ago I had said to you guys that we’re coming in looking looking for a red week we’re looking for the weakness on Friday to continue but then if there is any type of news around US and Iran that would make the markets move higher then don’t don’t fight that don’t try to stay short as exactly what took place we did not fight that we did not try to stay short. We locked in our profits, covered out those positions, and then we got a nice little recovery. I also had said to you last Sunday that the longs that we were looking at, and you don’t you don’t have to just take my word for it, you guys. My live stream is on right on this YouTube channel. You go back, you can watch it if you want, okay? But the long ideas that we had gave you guys were three different software names. I told you guys we’re looking for longs on Crowd Strike. Crowd Strike continued just basically just went up every single day last week to new all-time highs. We gave you longs on Snowflake. Snowflake with a beautiful breakout there and a nice little follow-through extension move. And then we also gave you Zcaler. Zcaler with a beautiful long here from last week as well. So these are just a couple of the long ideas that I gave you guys on Sunday, right? So even if you’re not a member, even if you’re not part of the trial, you could have just took what I gave you last week and you could have made money from the ideas. But if you are someone that does not do well with execution, but you always feel like your ideas are right, like you look at a stock and you say, “I think the stock’s going to go up,” but you screw up the entry, you screw up the takerits, you screw up your stop-loss, you end up losing money, or you end up making a really small amount when you should have made a large amount because the stock ends up doing exactly what you thought
like this, but you didn’t but you didn’t capitalize on it. That is where our active trader mode comes into play. Okay, members that are using active trader mode are seeing a 22% bump in relative performance by using that trading assistant. One of the things that is being reported from members the most is they’re staying in winning trades longer because our active trade motor assistant is monitoring institutional order flow. is calming down. Okay, members, they that people that trade with emotions, people that get very nervous when they see a red candle or they’re anxious to just lock in profit and just get the hell out of dodge before the trade ends up going south. Our active trade motor system can kind of keep you honest. It can keep you focused. It can keep you, you know, in control of your emotions and it can guide you through the trade by telling you, hey, relax, okay? There’s nothing to worry about here. Everything is going according to plan. The setup still looks fantastic. The support level is still intact. The institutional order flow still supports the long. Just be patient. Wait for your next take-profit target. I don’t think think that we should get out of this trade right now. I think we should stay in this thing for another $2 or so, wherever that next target is. Just stick to the plan. Everything still looks good and it’s helping members stay calm. It’s helping them stay in their position and it’s helping them stay in winning trades longer. They’re making a lot more money on trades that they’re right on now. So, I know there’s probably a lot of people that are on here that feel like one of the things that they struggle with the most is they leave so much money on the table when they’re right. That’s because you get so nervous when you’re winning on a trade. You want to just take that money out and run. I get it. You’re up 300 bucks, it starts pulling back, now you’re only up 180. And you’re like, “Oh man, I should have got out up 300. Now I’m only up 180.” Then drops to 150. And you’re like, “You know what? 150 is better than nothing. Let me just get out now.” And then a couple hours later, you would have been up 500 if you stayed in the trade. I know it’s happened to to to most of you, right? But these are the types of things that our tools fix. This is why so many of our members are having the success that they are. There’s their their statistics are actually improving. Okay? They’re not just feeling better. Their accounts are actually looking better. Okay? These are tools you guys have access to when you join the 90-day trial. All you need to do is go to treretradinggroup.com990 and you can utilize these tools. You can use the TT terminal and everything within it to help you guys make better decisions to help you guys get more consistent and become more profitable. Okay, so again text us if you guys have any questions 1888-621-2127. Otherwise, go right to trueing.com990.
Okay, you guys can join us for 90 days for 90 bucks. All right. And then we’ll talk about an annual membership after you guys make some money with us. And that sounds like a plan. So, those are some of the things that we had talked about last week. All right. But what have you done for me lately? Well, let’s talk about what we think is going to happen this week with all this news that is kind of floating around. There’s a lot riding on the fact that the US and Iran come to some type of a finalized agreement this week. If they don’t, the gap up that you’re seeing right now is not going to hold. Okay. Um, I don’t know what’s going to happen news-wise. I don’t know if there’s going to be a finalized agreement this week. I don’t know if there’s not going to be a finalized agreement this week. I don’t know if we’re going to return to a military conflict. I don’t know. I don’t have those answers. I am not sitting here trying to pretend. Uh I’m I’m not going to we’re not going to sit here and play military strategist. I’m not going to sit here and try to pretend like I’m psychic. I have no idea what’s going to happen. My job is not to know what’s going to happen between us and Iran. It’s that’s not what I am here to do. That is not what I am very good at. What I am very good at is not predicting the outcome. I’m not trying to predict the catalyst. What I am very good at is predicting the movement of the market, the market’s reaction to the outcome of the catalyst. That’s what I am very good at. So what I’m doing is as I sit there every ever since this this war started I’m coming into every single week with sure a directional bias but still neutral ideas because even if I come into the markets bearish there could be a news headline that shoots the markets higher. Even if I come into the markets bullish there could be a news headline that sends the markets screaming lower. Right? So, I need to always make sure that I have a plan either way so I’m not caught flatfooted, right? I’m not shell shocked. I’m not so completely blindsided by a market’s movement or a market’s reaction. It’s not, okay, you know, news comes out, the markets reverse, and in the heat of the moment and and and in this chaos and panic, I’ve got to now try to find the trade idea. No, I don’t want that. I want if the markets were to reverse off of a new headline, I want to know where I’m going to go and what I’m going to do. I want to know what stocks am I going to go long, what stocks am I going to go short if the markets end up making a a directional move and a directional shift. I’m coming into this week cautiously bullish because I think that the markets are overbought and the markets are overextended. But there is a very large short position that is building on the S&P. And it’s not just on the S&P, it’s on stocks in general. And when I see short positions like I am seeing now, it could often times push rallies further than you initially think they’re going to go. That’s the whole premise behind a short squeeze. The whole premise behind a short squeeze is that the market goes further than anybody thinks it’s going to go. Otherwise, people wouldn’t be shorting it. Okay? And I have some interesting I told you earlier on this live stream that I have some data that I find really interesting. Short interest on US stocks is at multi-year highs. Short interest on the median S&P 500 stock is now up to an average of 3% of the entire market cap of the stock. That is the highest number since 2012.
This is double the short interest unmarked per market cap that we saw since the 2020 pandemic.
By comparison, at the peak of the 2008 financial crisis, short interest in the median S&P 500 stock was 3.8%. We are currently at 3.0. O short interest among the most heavily shorted 10% of the S&P 500 is actually if you took the 10% of the S&P 500 so 50 stocks that are the most heavily shorted that average is 8% of market cap. That’s the highest since 2018. Both of these metrics are now higher than during the bare market that followed the 2000.com bubble burst.
David, uh, David, real quick, David, that’s talking to Luchiano. David, I am personally instructing Luchiano to double each offer if you want to wait until we’re done. We have all had a very long weekend and do not want to be working until 10:00. I will not be working until 10:00. So, I am personally instructing Luchiano to double each offer if you want to wait until we’re done. We have we’ve all had a long weekend.
All right, that’s for David that is talking to Luchiano right now.
Okay, so when I see short positions like that, right, and this takes me to the data that I shared with you guys on my my X account on the 20th. Um, and if we were to go back and we take a look at that, I want to show you that. And again, if you guys haven’t follow me, just go ahead and give me a follow. It’s Mike Edward_TTG. I share other stuff, stuff like this there. Hedge fund short exposure, okay, hedge fund short exposure, okay, is up to their gross exposure is up to 13%.
That is a 10-year high.
This is as of May 18th. So, the number could have failed to be honest. It could have gone up a little bit. It could have gone down a little bit, but it’s up to 13%. It’s a 10-year high.
The last time that we saw a real big surge in short interest was March and April of 2025.
And then we saw a really big surge in short interest March and April of 2026. And what happened with both of those instances? Well, let’s go look at the charts and let’s go back and take a look. We had liberation day, the liber the the tariff selloff, right? We had the tariff selloff. There was a massive surge in short interest during liberation day. And then what happened? We got the 90-day tariff pause news between the US and China. And then all of those short positions got got squeezed and we had this massive rally that took place that followed, right? This massive rally, just this extension move to the upside after everybody had gotten short. Then let’s zoom in to 2026. You had this massive pullback and everybody was getting short. And then we had what? the 90-day, excuse me, 90-day the um the ceasefire announcement. And what happened after the ceasefire announcement? We got a short squeeze. All the short positions that got built up there at the end of March and the beginning of April, they all got squeezed. Now, those short positions are now coming back. But here’s the difference, right? The difference between now and what happened earlier this year and what happened back in 2025 is the market was crashing in 2025. The markets were crashing in March of 2026. The markets are ripping to all-time highs and short interest is growing. Now, I’m bringing this to your attention because the question that I’m asking myself is, are these short positions going to fuel this market higher like it did in 2025, like it did in April of 2026? Or are the headwind twins right this time? Because they were wrong in April and they were wrong in April of 2025. Are they right this time or are we going to see a big squeeze move to the upside? You also have to keep in mind that a lot of these short positions, some of them are are just totally bearish bets on the market. Others are hedges. Others are hedge funds that are up a ton of money on long positions. The markets are extended, so they’re putting on hedges in case the markets go down. Okay? but they still are invested long. So keep that in mind as well. It’s not like this hedge fund, it’s not like hedge funds have their entire, you know, assets under manage and short, right? That’s you’re never going to see that. Um so just just keep that keep that in mind. Now with that type of exposure, if you do get a finalized written signed agreement this week, then those hedges could come off and it could fuel the market rally up to 760 that nobody’s really prepared for. So, with this big gap up, what I’m honestly thinking about is I’m thinking about trying to see if we can get support within these previous all-time highs to continue higher and look for a candle that looks something like this where like you’re actually going to pull back in. You’re going to test that gap up, right? But then eventually, I think it holds and it pushes higher.
Okay? Something that looks like this. Okay. Now again, this is if we do get the positive news. Okay. This is if we get the there’s a deal, the deal is signed, there’s a final agreement, right? Then I think that the short interest that is built in here, I think that short interest could start to come off and you can get a market that just kind of melts its way higher as as all those shorts just cover cover and that just floats the market to the upside. Okay. Now, I told you earlier that I come into every week with being a little bit neutral. I’m not trying to be overly biased because any type of a news release could just completely reverse. It could send the markets lower. And the gap up that you have today could completely reverse and you could put in a candle that looks something like this. And it could be, you know, either a negative news headline or a buy the rumor, sell the news type of thing. and you get this big big pullback candle that kind of wipes out a failed breakout and then solidifies uh what is the potential to have a double top right now if you can’t hold this gap up overnight. It’s very important from a technical standpoint that this gap up holds overnight. Now, we have 12 and a half hours before the market’s open. Obviously, a lot could happen between now and then, but if we don’t hold this gap up and we go red, we were up 1% and we actually start the day tomorrow red, that’s not going to be a good sign. and you’ll probably see the markets pull back down to the 730s. If I see that price action, like if I wake up tomorrow morning and we’re down a quarter percent, I am probably going to be short against Friday’s close and look for us to fall back into the 730s. I don’t expect that to happen. I I do think that, you know, short of there being a news release that gets us there, but I think this is enough of a of a significant gap up that I do think it holds. doesn’t mean it can’t pull back a little bit deeper, but I do think that that those previous areas hold. Okay, so that’s that’s what I’m thinking right on as it relates to the overall market. Let’s talk about some individual stocks. And I’ve got some pretty crazy like my watch list this week is actually to start the week, you know, at least my watch list is pretty pretty volatile. Everything on my watch list is is is a is a pretty volatile stock. And so let’s talk about the longs first. Uh one of them is going to be Qualcomm. I I just think that Qualcomm is going to give you some is going to give you a a move similar like what you saw with ARM. How ARM is having these massive breakaway candles. I know kind of Qualcomm kind of had that a couple of weeks ago. Then we had this nice pullback. We reset its base against previous resistance now support around 190 and then now back to the upside. And I just think that this thing is just I I still I just think Qualcomm is going to go. I I don’t think it’s going to stop here at this previous all-time high that you have here in the high 240s. Any type of a pullback, I think the 220s is viable. Like the mid the high 220s, I think is viable. I don’t think we get back into the 215. I think if anything, we consolidate 220s, 230s and then, you know, form a bull flag and then break out or there’s just enough momentum on, you know, tomorrow that just takes us right through that level. Then you get a nice strong strong big green candle that looks like that on Qualcomm. So, I’m going to be looking at Qualcomm to make the new all-time high. I think Qualcomm’s going to push into the 250s. I don’t think this previous all-time high is safe. This previous all-time high is 248.
Okay, that’s Qualcomm.
Then we’ve got these quantum names.
Now, in case you guys were living under a rock last week, um the US government is taking stakes um in nine quantum computing companies and is providing $2 billion in grants. Um RGTI, QBTS are two of the companies that are receiving some of those grants. I think 100 million each. Um and what I think is going to end up happening here, these stocks are already heavily shorted, right?
They’re already heavily shorted and I just think there’s so much retail FOMO on people that missed Intel, right? I think there’s so much like everyone that just missed this move on Intel after the government took a stake in Intel. I I feel like people are going to FOMO into these names. So, we had the initial pop last week when the news was announced. I’m looking for I’m listen I’m not going to chase these stocks tomorrow. Like this is a trade idea that’s these are for RGTI and QBTS. These are trade ideas not for tomorrow but these are trade ideas over the course of the next couple of days. I want to see if we can consolidate maybe try to form like a little bit of a bull flag some form of a wedge and then look for a follow-through extension from there. Resistance on Regetti is going to be up around 30. Support on Regetti should be back against like 23. So, I’m just looking to see if we can consolidate like 24 25, form a little bit of a flag, and then maybe we can try to be long the second round of this move. I’m not going to chase this move, but I still think over the course of the next couple of weeks, I feel like these stocks might be able to move higher. So that’s RGTI QBTS heavy resistance on QBTS at 32 32 look back December January previous highs you see right here on my chart and that’s exactly where we topped out there on Friday massive volume again not chasing this move but looking for a little bit of a consolidation support level here on QBTS would be around 2627 resistance up there at 32 and just seeing if we can consolidate form a little bit of a flag in the 28 zone maybe Right? That that’s what I’m thinking about. Okay. So, again, these are not trade ideas for tomorrow. I’m not chasing these things long. I’m going to try to see is there a consolidation that I can kind of look for the second leg of this move. I’m not going I’m not chasing this first leg. I want to be real clear on that. Next up, SO XL. So, it’s pretty crazy when you look at this chart cuz we nailed this short, but I did not go after the long, right? We nailed the short from 170 down to 135. Was a beautiful trade. Um 135 was a support. We got the last chunk of our profit offer. I think it was around like 137 if I’m not mistaken. and then final take profit. We held on to like 10% of our position after the 137 take and we got out of that last piece of somewhere in the 140s. Um but we never we never we did not switch up. We did not catch the long had a huge gap up that next day and then we just kind of stepped aside. We didn’t we did not catch this these three days of upside, but we did catch those three days of downside. Um, and what I’m thinking about is I take a look at some of these semiconductors. And I know I gave you one long setup there on Qualcomm, which is a semiconductor. But as I take a look at some of these others, like I take a look at Micron with the memory names, you had this huge gap down that we had on Friday, last Friday, excuse me, two Fridays ago, not this previous Friday, two Fridays ago. And you ran right back up into that level here this previous Friday. And that gap bill acted as resistance and completely reverse the stock and the stock closed at the lows. So I I look at that, right? Then I go and I take a look at Nvidia and Nvidia amazing earnings. Absolutely amazing earnings. The stock still traded to the downside. You had previous your previous all-time high and a little support level around 216. That level broke on Friday and now you’re sitting underneath it. I want to watch to see if Nvidia cannot get back above 218. Okay,
if it cannot get back above 218 and then gets underneath Friday’s low, I think that might be all the weakness that we need to see if maybe there’s another short opportunity on so XL. So, I’m going to be watching Nvidia very closely because Nvidia can drift back to 210 if it can’t reclaim 218. And what I’ll look for in SOXL is we have this big resistance level that’s up here at all-time highs that sits right around 190. Right? So, here you can see there’s 190,
right? Here’s 190 and then we briefly pierced above it on Friday, but then closed underneath it at 188. So if there is any type of a reversal on on the markets and and there’s weakness on Nvidia, I feel like you might get a a a pullback candle there on SO XL. All right. So and I also think that there could be a hedge opportunity there for me to be long Qualcomm but short SOL. There could be an opportunity from us us to get into a positioning like that at some point this week. Next up, I want to watch AS. Look at this level.
Look at this level.
Resistance back in October. Then it was support in January. Then it was resistance in February. Then resistance in March. Then resistance in April. And here we are resistance in May. Look at look at this level. And with everything going on with SpaceX and the SpaceX IPO, I think you got to watch for as to break this resistance that you have at 105. And if gets above this level, okay, if it gets above this level, you look for 105 to be support. And I would say look for AS to make a push back up towards all-time highs. Again, it might need to consolidate first. This is a very big move this stock has had over the last two weeks. The stock was 6570 bucks a couple weeks ago. It’s up to 105. It’s ex it’s stretched. It’s extended into resistance. But if you get above and you clear out 105 107, if you clear that, the stock has room. And with all the hype around SpaceX and everything else, these things might run into that IPO. I would just be very careful with space related stocks after the SpaceX IPO because I wouldn’t be surprised if some money comes out of these space related stocks and goes into SpaceX.
Okay. So, I’m looking for ASDS to to continue higher and make a push towards those all-time highs. And then last but not least, I just want to keep an eye on Meta because the the the channel is so obvious that you have support at 595 and you have resistance at 620s. And I just want to just pay attention here. You guys can see this channel is just it’s so obvious that it’s just like just wait for one of these levels to break.
Okay, if Meta gaps down tomorrow, use 610 area as resistance. Look for a short back to the lows. If Meta gaps up, I would use 608 as support and look for Meta to push into the 620s.
Okay, so that’s Meta. And that’s it, guys. That that wraps it up. That kind of just, you know, rounds out, you know, my watch list for the week. Uh we are trying to put in a little bit of a double bottom right now in futures. We are still up 65%. 66 trying to put in a little bit of a double bottom. We’ll see if we can start to bounce off of uh off those that that bottom and bounce off those lows or if this fade off of the all-time high starts to start to continue a little bit a little bit further. So, we’re going to keep eyes on that as well. And then like I said guys, for the for those of you that are members, I’ll be live with everybody obviously tomorrow morning as as we always are, the mods and I going over our trading plan for the week. Uh our trading plan for the day rather. And uh those of you that are not members, get your butts in chat. Take advantage. 90 days. True training group.com990. You guys get to use the AI tools. Use the trade planner. Use the trading assistant. Use Mari. Use the AI charting software. Use the tools that our members use on a daily basis that is helping them find success. It’s helping them find consistency and profitability. That’s what matters most. It’s why you guys are here. Forget about an annual membership. Join us for 90 days. Unrestricted access to the platform. Use the tools. Make money. Then we’ll talk about an annual membership. All right. That’s true.com990. If you have any questions, text us 1888-621-2127.
That phone number again is at the bottom of your screen if you guys need it. Have a wonderful rest of your night. Subscribe to the channel. Smash that like button and show some love. Turn on your notifications so you never miss out on any of these live streams. And I will see you all tomorrow. Have a wonderful night, folks. Take care.