Hey yo, what’s up everyone? What’s going on folks? Welcome to the True Trading Group live stream. My name is Michael Ed Parinady. I go by Michael Le. I’m the co-founder and head trader of True Trading Group. I’m glad to have you guys all with us here this evening. If you’re new, you’re unsure about what True Trading Group is. We literally exist to help you learn faster, trade smarter, and profit sooner. It’s exactly what we’re going to do tonight on this live stream. Before I do get started, I want to give a shout out and a big thank you to our partners at the NASDAQ, Benzinga, OpenAI, Trading View, DataBento, and of course, also Unusual Wales. These companies are what allow us to be the leading fintech platform for retail traders all around the globe. Having received the Benzinga Fintech award for best AI analysis tool, having 11,000 members from 114 different countries, being four and a half out of five star rated on Trust Pilot with about 3,000 different reviews, members from all over the globe, from all walks of life, from all experience levels. Um, it really is something that I never thought was really possible, you know, many years ago when we first originally started True Training, but we started out just as a chat room with trade alerts and courses, but have grown to become something so much more now at a fintech platform that really has tools and resources, data and analytics that really give our members a distinct advantage over other traders that simply don’t have these things. You think of like a T the TG terminal, which is our entire suite of of tools and data that we have on the platform that our members have access to thanks to the partners that I just mentioned to you that work very closely with True Trading Group to able us to to build out the tools and resources that our members now have access to. Um, we like to consider ourselves like the Bloomberg terminal for retail traders. That’s really like like how we like to consider ourselves. And um, we have we’ve come a long way, man. We’ve come a long way and it’s this this recent volatility that we’ve had in the markets in the month of March and then in April, you have the huge selloff in March, the big reversal in April, the follow through in May, just an unprecedented stock market rally that we’ve had. Um, and our our entire suite of tools have been performing incredibly well. Well over a 70% accuracy win rate with our trade plan generator, which we call the holy grail. a 22% boost in relative performance for our members that are using our active trader mode trading assistant. I mean it’s just you couldn’t ask for better statistics. I mean everything that we do is all backed by statistics, right? It’s not just something that we just say or it feels like this. No, like all of our data and all of our our members performance is actually tracked through the tools that they use to execute trades on a daily basis. So the numbers that we are able to provide to our members but then also for people here is all proven with data and backed by data. This is not a trust me bro type of scenario. This is an open book fully transparent full technical documentation on everything that we do here. Um because obviously we wouldn’t be able to work with the companies like the NASDAQ and Benzinga and OpenAI. we wouldn’t be able to work with those companies if we weren’t completely fully transparent in all of the statistics and all the data that it is that um that we’re seeing from members using our platform. So, big shout out to all of our members that are with us tonight on the um big shout out to all of our members that are with us tonight here on this live stream. Um and we got a lot to talk about, man. We got a lot to talk about because I had, you know, I just kind of started this live stream talking about this like unprecedented stock market rally that we’ve been experiencing. And I actually posted a video uh on YouTube and on X yesterday. And I said to people, just kind of notifying you about this live stream here tonight, but really letting you guys know that I think this could be the week um I that I think this could be the week that this stock market rally finally gives us a bit of a pullback, right? um that I think this finally could maybe be a red week and we haven’t had we we really haven’t had a a real pullback since we bottomed in March. Uh March 30th was was the bottom of the selloff with the Iran war and we have not had a significant pullback since. Even if you drew out a Fibonacci retracement level from the March bottom, you drew all the way out up there to the top of the all-time high, your 236 Fibonacci level takes you all the way back to 720. So, I mean, we closed at 737 there on Friday, 738. Um, traded a little bit lower after hours and the uh futures session is is continuing uh is continuing to the downside. We’re down about half of a percent. Um, we’re down about half a percent right now on futures. And I really do think that this could be the week that we finally do get that pullback. Now, a lot of people are probably wondering, well, why would I think that? Like, Nvidia has earnings this week. Do you think Nvidia earnings are going to be bad? I don’t think Nvidia earnings are going to be bad at all. I think Nvidia earnings are going to be fantastic as they always are. I don’t think Jensen Wong is going to say anything that’s going to make anybody question or doubt anything that’s going on as far as demand goes for their chips and as demand goes overall for compute and for everything else that’s been driving this this AI techdriven rally over the last, you know, two months, but that doesn’t necessarily mean that the stock’s going to go higher. You know, we’ve had a lot of different situations. You’ve seen you’ve seen before in the past these like sell the news events where you have really good earnings but the stock still pulls back anyway. It doesn’t even necessarily matter the earnings were great. I don’t expect bad earnings but the earnings are not necessarily what’s going to be more important with Nvidia as much as it is how is the stock going to react. And there’s a lot of different things that are going on right now on a macro on the macro stage that makes me feel that it’s going to be incredibly difficult for these tech stocks specifically to continue moving higher from where we were last week. The market rally that we’ve experienced in April and May has been an incredibly weak market breath. The market I should take that back. The market breath in April was actually pretty decent. The market breath in May has been atrocious. And by market breath, I’m we’re talking about the amount of stocks that are moving higher versus the amount of stocks that are moving lower. Okay. um during the month of May when we were making the our all-time highs, you know, during this like two week period, the market breath was incredibly poor where you had, you know, like 300 something plus stocks out of the S&P 500 were actually red and the S&P was making a new all-time high. N got so bad where one day last week, 9% of the companies were actually making a new 52- week low. They weren’t just red on the day. That’s poor market breath. When there’s more stocks moving lower than there are moving higher, but yet the index still moves higher. You might say, “Well, how is that possible? How how would the S&P 500 move higher if there’s 340 stocks that were red and only 160, I don’t know what the exact number was, I’m just giving an example, were green.” Well, that’s because the S&P is a market cap weighted index. So the bigger the stock or I should say the bigger the market cap, the more influence that’s going to have on the index as a whole. So when you look at what is the biggest market cap in the entire stock market, it’s Nvidia at 5 a.5 trillion. Well, Nvidia was ripping to new all-time highs over the course of the last two weeks, right? So Nvidia moving to the upside carries a huge waiting on the S&P 500. And then you have Alphabet, another stock that carries a huge waiting. Then you have Apple, another stock that carries a huge waiting. And those stocks were all moving towards and making new all-time highs. And then you also had other stocks that are not as large of a market cap as those. But you have AMD, you had Intel, you’ve got Broadcom, you’ve got Crowd Strike and PaloAlto, and you have all of these techreated and AI related stocks that were continuing to move to the upside that was making the S&P very topheavy and was pulling the index to the upside. Even though underneath the surface, the index as a whole was actually weak. And now you add on top of that what we’ve seen in bond yields. Okay, the 10-year Treasury pushing up towards 4.6. I think you should be prepared for a 10-year yield tomorrow that’s probably around 462, something like that. Crossing above what I think is the trigger threshold of 45 to 46. I believe that we’re going to pass that. Japan bonds are completely crashing. Okay. But this is not just something that is you’re seeing in the United States. This is something that you’re seeing nationwide. Germany, the UK, Japan, the United States, France, all of the bonds for all of these countries, all over the world, they are all tanking. And when bonds when the price of bonds go down, the yields, the interest rates on those goes up. And the higher up that those yields go, the more difficult it is for tech stocks to move higher as well. You add on top of that, I don’t I I haven’t I didn’t check oil futures right before I came on this live stream, but when the futures market opened, oil had made another gap up up to $107 a barrel um on crude. And as long as the inflation narrative is here, you’re going to see yields and oil prices, or I should say, you’re going to see yields continue to push higher. And as long as you see a 10-year yield north of 4 and a.5%, I don’t think the market’s going to be able to continue to move to the upside. So, I told you on my on a video that I posted earlier today that I believe today is that this is the week that we finally get a pullback in the market. I’m not telling you that I think the markets are going to crash and there’s going to be like this massive, you know, like the the the I’m not I’m not a doomsdayer here, but I’m just telling you I come on these live streams every week and I tell you exactly what I think the market is going to do, okay, this week. and I I tell you exactly what I am going to do in order to make money from it. I’m coming in here and telling you that I believe unless we get some piece of news that brings bond yields down, and I can tell you what some of those news events may be, if we don’t get a piece of news that brings those bond yields down, then I expect a red week this week. And I expect my entire trading this week to probably be very very heavily skewed to the short side. My watch list coming into this week is very dominated to the short side. Um I have my whole watch list is really to the short side. I threw in a couple of longs just because I don’t like coming into a week with all of my trade ideas being one-sided just in case I’m wrong or a piece of news comes out that turns the market around. I want to make sure that I I already have some form of plan to kind of come into the day or could come into the week and say, “Okay, well, if the markets actually move higher, here are some of the stocks that I want to go to.” So, I have that, too, that I’m going to discuss with you. I’m going to go over with you exactly the stocks that I’m looking at, the prices I’m going to get in, where I think those stocks are going to go, but I just I think that this is going to be the week that we pull back in. And I’m looking for us to get down to around 725 on the spy. That’s kind of the area that I am targeting. And it is going to be a gap fill from right there. So we had this big gap up there in early May. Okay, May 6, we had this large gap up. Prior to that, you had a double top at 725. Your gap fill takes you back to 724. So that is the area that I’m looking for us to get down to. It’s right in here. And that’ll also put you at a test. Okay, that’ll also put you at a test of the 236 Fibonacci level. and that can actually give you your first real pullback in the market. So, that’s where I think that we are headed to this week. Um, and it’s just because I don’t I just don’t think that we’re going to be able to continue to push to the upside as long as bond yields are doing what they’re doing. As bond yields really fly to the upside, um, you know, as bond yields really fly to the upside like they’ve been doing, it’s going to be hard. It’s going to be really hard for equities to continue this surge because we’ve all we were already overbought. We were already overextended last week. Now you’re getting this breakout in bond yields all over the world and I just think it’s too much. There’s going to be too much pressure on equities. Um, and I expect a pullback. Now, why is this all happening? It’s a great question. Essentially, what is taking place is this is all a chain reaction. Okay. So, what could be a piece of news that could potentially, you know, bring bond yields back to the downside? Well, one of the things that could potentially bring bond yields back to the downside would be some type of progress or some type of advancement between talks uh talks with the United States and Iran. If there is some type of an advancement or some type of progress or some type of breakthrough with negotiations, that will bring yields down. Why would that bring yields down? Because it would bring down the price of oil. And if you bring down the price of oil, you then bring down inflation expectations. If you bring down inflation expectations, you free up the probability of the Fed to actually start cutting rates instead of raising rates. And then the expectation of Fed futures rates which is the the rate that is set by the central bank by the Federal Reserve then starts to come down as people start to anticipate the next move being a cut rather than a hike which right now the anticipation is that the next move is actually a hike in July which I think would be a massive mistake and would be a would be a horrible event if we actually did get a rate hike in July. do not think we are going to get a rate hike. But if we did, I would be I would probably become incredibly bearish at that time. I think that would be a very big mistake. But once the market believes that okay, the next move would actually end up being a cut rather than a hike. That cut might not come until next year. But as long as the next move is a cut and not a hike, then all of a sudden you’ll see bond yields begin to adjust for that. So it’s all a chain reaction. It’s all connected. This is all macroeconomics 101. Okay? oil prices come down, inflation expectations come down, Fed futures rates come down, and then bond yields come down. And that is how you can get a little bit of, you know, some like the selling pressure that we may see this week can start to alleviate and the markets can find their footing back into some of the support levels that I’ll show you on the chart in a few moments and then the markets can bounce from there, right? Then markets can bounce from there. So, um, that’s why I think that the markets are going to pull back. Like I said, I posted a video for you guys, um, yesterday telling you that I think the markets are going to give you are going to give us a red week. I think we’re going to get a pullback and that is the reason why. Okay? And as I sit here with the futures market open here, we’re down half of a percent. So, the the pullback that we started to see on Friday, I think it’s going to accelerate this week. I think it’s going to continue this week. And I think that the only way that it does not continue is if there is some type of a breakthrough between the US and Iran. And that’s absolutely possible. That could absolutely happen. Right? So you I want to I want you to make sure I want you to understand that what I am saying to you if a piece of news were to come out like that on Tuesday or Wednesday, whatever. Okay? Then you would see a reaction in the market. And what I’m telling you right now about looking for this pullback into 725 probably won’t happen if you were to get some piece of news that actually brings down bond yields. But I expect the 10-year Treasury tomorrow to trade well above 4.6. And that is unchartered territory. Okay. The last time that we got to 4546, the last time that we got to that area was actually just last year. And that was the pain threshold where you know um when the tariffs were announced you saw bond yield spike in April with the liberation day you saw bond yield spike and once you got to 4546 Scott Besset knows the bond market better than anybody else and Scott Besson came back and 100% Scott was like okay this is kind of as far as we can go this is as far as we can take this and what happened the very next day after you got to that 4546 point on the 10-year the very next day was the 90-day pause and then that’s when bond yields completely tanked. Bonds exploded and stocks exploded and that was the bottom of the pullback in 2025. Okay, we are at a point right now where we’re going to need to see bond yields retrace if the stock market rally is going to continue to move to the upside. So, that is why I’m sitting here telling you that even if Nvidia has fantastic earnings, I just don’t think we’re going to be able to continue to make new all-time highs as long as the 10-year continues to push to the upside. All right, so that’s kind of my my general thoughts and my and my broad kind of thesis here for the week.
Or at least now you have a better understanding. you have a better understanding of like why I think what I’m thinking. Um, but my watch list is dominated to the short side this week. And it also helps that from a technical standpoint, it also helps from a technical standpoint, we’re overheated, right? It we’re overheated, we’re overextended, we’re overbought um on a bunch of different metrics. So, you know, I think that the the recipe is there for the pullback. So, I’m ready to short this week. Um, like I said, I’ve got my list of stocks that we’re we’re going to be going after. And we’ve been long. We’ve been long throughout this entire rally. And the beauty about the beauty about us as as active traders is that we’re not we’re not stuck on one side of the market. Like markets rip higher, we can be long. And then very next week, we can turn around, we can flip, and we can go short, right? We were we were dominant to the long side last week. last week um I mean the last several weeks our holy grail trade plan generator has been absolutely on fire. Our holy grail trade plan generator has been calling every single pullback into support as long opportunities with 70 to 85% conviction and confidence scores. And I actually just ran the holy grail um trade planner on futures. I actually just ran it just a few moments ago. It’s got an 80% confidence on the short side. So, you know, we had really, really, really high accuracy on our trade plan generating. Now, for those of you that don’t necessarily know what this is, it’s just one of our tools that you guys get when you join True Trading Group. True to Trading Group has it’s not just a chat room with with courses and trade alerts. It’s not just me in a Discord room, right? It is myself and seven other professional traders. Yes, we share our screen. Yes, we trade with you live. Yes, we answer questions. Yes, we provide analysis. Yes, we provide our trade alerts. But you also get access to a bunch of trading tools and AI tools and data that actually allows our members to really improve their consistency and improve their profitability. One of them is the holy grail, which is what we call the holy grail, but it’s it’s a trade plan generator. We can actually pull it up uh right now just you guys can get a look at it. So here you guys can see and Brad you can even just run through and you can just do like a ES you can do futures ES do a day trade and then click run analysis and you can just you know kind of can pop it up and and see what it says. But this is all you have to do. So see how quickly Brett So Brett is in the background he’s doing the the screen. So see how quickly he just did that. So all you have to do in order to use this tool is just type in what asset type do you want. You can do a stock futures contract, an option contract or a crypto. And then you would put in the tipper the ticker symbol. So in this case we he did futures and he did ES. You can do options and Tesla. You can do stock and AMD. And then you would put in your your account size. Then you would go ahead and you would put in the amount of money that you want to risk on the trade. And then you would select the trading style that you want to trade plan for. You can do scalp, day trade, swing trade, or a long-term hold. Okay? And then you just click run analysis. Now, this is an algorithm. This is 80% deterministic rulebased, meaning it’s an algorithm. 80% through and through. 20% of it is AI interpretation of data and everything else. Okay. So this is a multi- aent system that runs through one agent focuses on technical analysis, candlestick patterns, chart patterns, indicators, volume, etc. Okay, its only job is to identify the technical side of the trade. Then you have the macro agent. Its only job is to analyze news and economic data. And then you have a risk agent, which its only job is to identify what could possibly happen that makes this trade go wrong. And then all three of those agents work simultaneously but separately to generate a report. When they are done, the three of them send the report to the supervisor or head trader agent. And that agent’s only job is to analyze the reports given to it and make a determination. Do you want to go long? Do you want to go short? And if so, where do you want to get in? Where is your stop-loss? Where are your profit targets? With a confidence score. As you can see here, as I, you know, I just ran this just a little while ago, 80% short on futures. And it gives you a full detailed trading plan. It gives you a trigger point. It tells you this is the area you want to get in. It gives you a breakdown of what the three uh agents said. You can see the technical agent is on the left, the macro agents in the middle, the risk agents on the right. And then if you scroll down, you get all the details like your entry. It tells you what your position size should be based on your risk. It gives you the stop-loss, gives you the profit targets, right? And it gives you the best part about this is it gives you a confidence score. Okay? It’s going to tell you how confident it is in the actual report that was just generated. So, if you ran a report and you got like a 55% confidence score, that’s not necessarily a trade that we would take. But anything that’s like 70, 75, 80, 85, 90, we’re going to take those trades all the time. Okay? And the accuracy on this thing, our members, members of True Trading Group, this tool has been live for the last several months. Members of TR Training Group have now generated 450,000 trading plans with the Holy Grail Trade Planner. 450,000 plans. Of those plans, it has a 72% accuracy right now. Phenomenal performance. Absolutely phenomenal performance. Okay. And this thing has been telling us long long long for the last several weeks. Finally, it has switched. It has flipped short. I also believe that the play is going to be short unless there’s a piece of news that comes out that gets bond yields to pull back. And if you were to read this report and you go to the wild card agent, it’ll actually even tell you that one of the risk, one of the big risks here is the geopolitical situation like any type of a social media post, any type of an update with US and Iran, any type of an update with the trade for moves and oil prices like there is a real risk. If you are going to be short the market, there is a real risk you need to be aware of. You got to make sure you set stop losses because at any moment if a piece of news comes out with US and Iran, oil prices drop, bond yields drop, and equities pop. And you will be caught on the wrong side of that news if that does happen. I’m not telling you it’s going to happen. I have no idea if there’s going to be a piece of news of the US and Iran in the next couple of days. I have no clue. I’m not a psychic. I wish I was. I’m not. Okay? But the these are the things you need to be aware of. And tools like this is the reason why so many of our members are making money and they’re having success. We have 11,000 members into your trading group from 114 different countries. Most of them are doing well, making money. And don’t take my word for it. Seriously, you shouldn’t believe me just because I’m some guy on a YouTube channel with a cool painting that hangs behind him. You should pay attention to the things that I’m saying and you should listen to what members actually tell you. Because when I sit here and I tell you that members are having success, I literally mean they’re making money. And that’s at the end of the day, that’s what you’re all here for. That’s why you’re here to make money. So, let me let’s actually let me prove it to you. Members of True Trading Group, those of you that are on this live stream and that are members of this platform, type the number one in chat. If you’re making money, if you’re becoming better traders because of TTG, go ahead right now and type the number one. Anyone that is watching this video that is not yet a member, pay very close attention to how many people you see to number one. Because every single one of these people is no different from you. If these people can sit here and tell you that they’re making money, that they’re becoming better traders, that they’re reaching their goals, they’re becoming more consistent, they’re becoming profitable, there is no reason or excuse in the world on why you also can’t. They are not luckier than you. They don’t have more time than you. 82% of our members have a full-time job. I don’t expect you to sit in front of a computer screen all day every day and stare at charts. You don’t need to do that with the tools that are available to you as a member of True Trading Group. Okay? I just posted on my my Twitter feed and my X feed. One of our members um sent me a picture uh he was using our active trader mode trading assistant where it’s it’s a trading assistant that can like can manage your trade for you. Like you can just go live your life and it can manage your trade for you. And he’s got his laptop open and he he paints cabinets. He just like he he’s a painter, but he was like painting kitchen cabinets at the time. And he’s got he sent me a picture of the whole kitchen, like all the plastic drapes. He got the cardboard paper on the countertop and he’s got his laptop open with like a little piece of plastic on the laptop and it’s managing it’s managing his Tesla options while he is painting. And he sent me the picture of that. This is what I’m talking about. You guys don’t need to be in front of your computer all day every day. All you need to do is just use the tools that are available to you on this platform and you guys can increase your profitability. you can increase your consistency and you can free up a lot of your time. At the end of the day, that’s really what we’re all trying to really gain is time. Money is just a tool that allows you to spend your time the way that you actually want. Not spending your time working and busting your ass for somebody else, but spending your time doing the things that you that you love and spending the time with the people that you love. That’s really what what we all try to do, right? So that’s part of really why so many of our members are successful and why members of True Training Group stay with us at a clip of around 74 75% retention rate with members that join. It’s because they have success. It’s because they’re making money. And as much as I would love to say that they’re making money because I’m the world’s greatest trader, I’m not the world’s greatest trader. I’m a damn good one. I’ve been doing this for 19 and a half years now. I started my career working at a hedge fund in New York City. I didn’t have to learn this on my own. And I went through a training program when I was there. I received one of their trader of the year awards, right? Like I’m not the world’s greatest, okay? I’ve never claimed to be. I’m not, you know, but I’m a damn good one. But I’m not the reason why all these people are having success. It’s the tools. It’s the resources. It’s the data. It’s the analytics. It is everything that they have access to on this platform that legitimately gives them an edge over other retail traders that don’t have access to these tools. That’s the truth. And I stand so firmly behind the statements that I am making on this live stream right now that I’m willing to let anyone that is not a member of True Training Group, I’m letting I’m willing to let you try use our AI tools for 90 days without joining an annual membership. I’m dead serious because I believe so strongly that you will be able to make money with these tools that I’m going to let you use them without being an annual member of True Trading Group. Here’s the deal. All of our AI tools, as you guys know, AI is usage based, okay, for the companies that are actually using the like it’s the token usage. So, the more tokens that you actually use, the more excuse, the more the more people use our stuff, the more tokens that we use, the more money that we that more money that we have to pay for that token usage. So, we’re going to actually lose money on the people that I’m going to let try our tools right now. And I’m okay with that because I’m confident if I give you 90 days to actually use these tools in your own trading that you’re actually going to make money with it. And then you’ll become a member of True Trading Group and you’ll sign up for an annual membership. So, I don’t mind doing it. Here’s what I’m going to do though. I’m going to charge you $1 a day. I’m going to charge you $90 for 90 days. You are going to cost us more than $1 a day in the usage for the tools. And I’m totally okay with that. If you want to use our tools, use the trade planner, use the trading assistant, use Mari, which is our AI persona, use the LM system, use everything, use our AI charting software, use our tools, make money, then join our annual membership. Go to trueradinggroup.com990.
I’m going to let you try our tools. And it’s not just our tools. You’re going to get access to the entire platform. You’ll be able to come and chat with us. You’ll be able to trade with us. We get all the trade alerts. You can use all the tools. Like you can attend the workshops that we do after hours. Like you’re going to get full unrestricted access to the platform for 90 days. All you have to do is go to trueraining.com990.
That’s it. Everything that’s on that page you’re going to get for 90 days for just 90 bucks. It’s a dollar a day. If you have any questions, I want you to send us a text message immediately. anything you need help with, you can’t page isn’t working for you or you’re you can’t, you know, you’re having problems at the checkout or you have a question or you have a concern or something you want to verify, no problem. Text us. We’re fully transparent. We’re an open book. The phone number is at the bottom of your screen. 1888-621-2127.
Again, that is 1888-621-2127.
Text that number right now if you have questions. Otherwise, go right to truegroup.com990.
Okay, I’m dead serious. And here’s the thing, okay? Anyone that is not a member in case you missed it. I’m going to I’m going to show you one more time and then we’re going to move on. I’m going to give you my whole watch list. I’m already short one position from last week. I’ll tell you what that position is. I’m already short. I’ll tell you what I’m going to do with the rest of that position, but then I’m going to go over with you what are the positions I’m going to get into literally starting tomorrow. I’m going to tell you exactly what stocks, what prices I’m getting in, I’m going to give you all of it in just a moment. But those of you that are not a member, if you are unsure whether or not you should try this out for the 90 days, I’m going to show you why you should. members of True Trading Group, those of you that are a member, you are a member, I want you to type the number one in chat right now. If you’re making money with this platform, very straightforward, simple question. So, one last time and then we’re going to move on. Type number one if you guys are making money, if you’re becoming better traders, you’re becoming more consistent, you’re becoming more profitable. And those of you that are not members, you should pay attention to your peers. Listen to your peers. If a friend of yours comes up to you and tells you, “Hey, I just went to this restaurant. The food was amazing. You’ve got to go. You got to check it out.” What are you going to do? You’re going to go check it out. When your peers are sitting here telling you that, “I’m part of this platform. I use these tools on a daily basis. I am making money.” You listen to them. Don’t listen to me. Listen to me when it comes to analysis on the markets. Don’t listen to me when it comes to whether or not you should join True Trading Group, whether or not you should use these tools. Mari, the AI assistant, is amazing to have as a trading assistant. I use all day and it helps me recognize patterns in my trading, emotions, etc., making me a better trader every day. Boom. Boom. That’s our active trader mode. That’s our trading assistant that can actually manage your trade for you. And and it actually all of our system is customized to you, the individual user. It’s not a generalized thing for everybody. So, it will actually know you, your strengths, your weaknesses, your style, your risk tolerance, your strengths, your weaknesses, your tendencies, and it will actually coach you through your trade. Like, if you say to it, you’re like, “Oh, hey, you know, I let’s say you bought like three call options on Tesla and you took profit on two of them and your next take profit is like $2 away and you’re starting to get a little nervous because the stock’s starting to pull back and you’re like, “Hey, Mari, like what do you think I should do?” like, you know, I was just up 400 bucks. Now I’m only up 300. The stock’s starting to pull back. You think I should just maybe get out now and like like lock the trade in and just take my 300 bucks? Mari’s going to come out. Mar’s going to tell you if if if this is the case, Mari will tell you exactly what she is seeing. Mari will tell you the order flow. We have a relationship with the NASDAQ that gives us access to their level three data feed. So we can actually determine where institutional order flow is versus retail and then our AI has complete context of that. So our AI can look at the order flow and tell you like hey no like all the institutional order flow is still very heavily skewed to the upside. You have a plus12 institutional buy side right now which means there’s a lot more institutional buys right now than there are institutional sells. There’s a lot of accumulation here. You’re still above VWOP. The pattern still looks good. Follow the trading plan. And Mario will tell you, you always do this. One of your weaknesses is you always leave money on the table. You never let your winners run. The pattern looks good, the setup looks good, the institutional, the the order flow is in our favor, the market um direction is in our favor, all things look good. Stick to the plan and Mario will keep you in that trade if staying in that trade is the right decision to do. Now, if things start to change, Mario might tell you like, “Ah, you know what? actually things are starting to kind of turn around a little bit. Maybe you might want to move your stop loss up and protect your profit. Maybe get out of this thing a little bit sooner than you thought if Mari feels that’s the right thing for you to do. These type of tools are the reason why our members are having success, guys. Plain and simple. Plain and simple. Try them out for yourselves.
truetradinggroup.com9090.
You can join our platform, use our tools for 90 days for just $1 a day. If you have any questions, text us, guys. It’s 18886212127.
Okay. Excellent. Now, with that being said, I’m going to take take a sip of water and then we’re going to move on over to the charts and we’re going to get this baby rolling.
Futures are still selling. You know, we’re still right, we’re right off the lows of the day. We’re down almost 6% right now. Um, if you guys missed it, um, I gave a whole discussion earlier. I believe without some type of news with US and Iran, I believe this is a week that the market gives us a red week. We have not had a red week in quite some time. The markets have made new all-time highs every single week. I think this is the week that that changes. I think this is the week that we do not make a new all-time high. And I believe this is the week that we pull back in and start to retest and backfill some open gaps and back fill and retest some support levels. And the reason for that is because I don’t believe that equities are going to be able to continue to move higher as long as bond yields are exploding like they are. And bond yields will continue to move higher until oil prices come down. And the only way oil prices are going to come down is if there’s some breakthrough or some progress between US and Iran and and essentially the straight of moose being opened up and and oil continuing to flow through that area and that part of the world and reaching Asia and Europe and everything else because those parts of the world are in really bad shape as it co as it relates to you know oil and certain refined products and I don’t think bond yields are going to pull back until something like that happens. So, as we sit here right now, I expect a 10-year Treasury tomorrow to be above 46 the whole day. And I think that’s going to put pressure on equities, and I’m looking for us to get a pullback. I don’t care that Nvidia has earnings this week. Um, I expect Nvidia’s earnings to be good. I still think the markets end up moving to the downside. Um, unless there’s some piece of news with US and Iran that brings down oil and then therefore brings down bond yields. Because if you bring down oil, you bring down inflation expectations. You bring down inflation expectations, you bring down the Fed funds futures rate. And you bring down the Fed funds futures rate, then you bring down bond yields. And then equities will be able to move back to the upside. But if we don’t get any news like that, I expect the market to pull back. Let’s talk about the spy. Let’s go over uh some of the key points that I’m looking at support levels for us. Okay. Um, let me go to a 15-inut chart actually first. I feel like it might be easier for me to show you some of these key points and some of these levels. There’s a couple of support levels that I want to identify with you guys. One is 732. Another is 730. Another is 728.
And another is 725. Here are your support levels that are in play. Here are my profit targets on my short. Okay, so again, I’ll repeat 732. This is the spy. 7:32 7:30 728 725. These are my profit targets. Once we get to 725, I expect the market to bounce. My game plan this week is to be short all the way down to here and then I will be out of my short and I will flip for a long. That is my game plan coming into this week. Okay, where will I actually be taking the short? Great question. I’m going to be using 738 as an area of resistance on the spy. Right now, we are we are opening up just slightly beneath that. If the market opened right now, if the cash session opened right now, we’d be sitting right around here. So, what I’m going to look for tomorrow is if there’s any bit of a buy the dip bounce attempt that occurs early, I’ll try to wait out a little bit of a bounce back into 737 and change. And then I will go short in the 737s. My stop loss will be 739 and then I will look for 738 to be a resistance and then roll over down to 732 and then down to 730 and then 728 and then 725. I don’t necessarily think we get to 725 tomorrow. I think we might get there, you know, during the week. It may take it might take two days, maybe 3 days. I don’t think we get there in one day. I think we get there I think we can get there in two. Um, but I do think 7:30 is well within reason tomorrow. Um, if we could find resistance at 738. Okay. So, that’s going to be my game plan as it relates to the overall market come tomorrow and for the rest of this week. All right. And then we’re looking for this gap to be filled. If you look, we draw a line across 725. You see this open gap that was right there from May 6th. That’s the gap that we’re looking to get filled. Um, and if you pull back into that spot, that also takes you right back into
the 236 Fibonacci retracement level would also sit right there. So, that’s the zone that I’m looking for us to fall down into. And then from there, I think we try to get a little bit of a bounce. All right? And we’ll talk we’ll talk about the bounce when we get there, but for now, we’ll just stay focused. We’ll stay focused on the short side. Okay? So, that’s my thoughts and that’s the analysis there on the overall markets. Now, let’s talk about some individual stocks. I told you I’m already short one stock and it’s Cerebras uh or Sarah. This is the new IPO that came out um on Thursday. The IPO was priced at $185. It opened at 350 and shot to 385. Uh, I traded it at I traded the IPO day. Actually made some money on the IPO day, but then we came in here on Friday and I went ahead and I got short right back up into these prior levels. So, I went ahead and I took Cerebis. I took the stock short right there in the mid 290s. So, I’m short from the mid 290s. We rolled over right into the close and I took profits off at 283 and 278 right into the close. It made me wait literally all day. I got in in the morning and I had to wait the entire day until it finally dropped rolled over. I took two profits off before the bell. 283 and 278 were my take profits. I’m short from like 292 and a half. Um, and I’m looking for us to break the low of the day from Friday and continue to extend lower into the 260s. Eventually, I think this goes back into the 250s, but I will try to take a piece of profit. Um, if we break underneath yesterday’s, excuse me, Friday’s low, I’m going to take another piece of profit off in the 260s and then I’ll take my final profit off in the 250s. My stop loss is being moved now to around 290. Okay? I’m short from 292 and a half. And again, this is just full disclosure. I’m already in the position. So, this is not something I’m going to get into. I’m already in it. So, if you’re going to follow me on this trade, you have to understand I’m already in and I’ve already taken profit twice. I’m short from 292 and a half. I took profits to 283 and 278 right before the bell on Friday. I’m taking more profit off if I see 260s come tomorrow morning. Okay, that’s CBRS brand new IPO that came out on Thursday. Other stocks that we’re going to focus on, we’re going to stay fixated on the AI’s trade and I’m going over to the semiconductors S O XL. Um really big, you know, drop off there on Friday. I think there’s more downside. I’m looking at so XL to get into the high 140s. Okay, high 140s here. We finally broke underneath the 9 EMA. The 9 EMA has been support for the entire month of April and half of the month of May. We finally got underneath it. We’re going to look for the 9 EMA, which is this light blue line you see on my screen. any bounce attempt. We’re looking for 160 to 165 resistance. And we’re looking for so XL to give us another red candle that takes you back down into support in the high 140s, which is the support level that you guys can see from right back here in early May. That is where I’m looking for us to fall down to. So, I’m going to look for SO XL. I’m looking for resistance 160 to 165. We’ll look for that for the short and look to roll over back down into the high 140s. Now, you can play the ETF if you want to play the ETF or you want to play the individual names. Individual names, we’re looking at Micron. Same thing here with the 9 EMA. Micron closed at the 9 EMA. If you gap underneath it, I would look for it to become resistance 7 715 to 720. I’ll look for resistance. And we’re going to look for Micron to get back to 680. And then a similar situation there with AMD. AMD 420 resistance. 400 is the target on AMD. Okay, that is going to be the double bottom of the gap up after its earnings. We’re looking for us to get back into that zone. Any bounce back into 420, look for that to be resistance and drop into 400 eventually. I think 400 breaks and you kind of push down into this gap, but I will be taking profits off into 400 on AMD. So, these are just some short ideas as we come into the week. Okay. um AMD, Micron, SO XL, all very similar, very, very similar setups. Then I wanted you guys to take a look on over here at Bitcoin. Bitcoin trading now big to to the downside, big here. We just broke under the 77K there briefly. Um I look at this as, you know, this is a pretty heavy resistance area on Bitcoin, 82 and a half. If you guys have been following my live streams for the last couple of weeks, I’ve been talking at nauseium about this 82 and a half level on Bitcoin that is such a massive resistance level where I said, “Listen, if we get above this, you’ve got to be long. Otherwise, it’s short to it’s short to the downside. Until that level breaks, we pushed up to 82 and a half all of May. We could not get through it. Now, you get this nice big drop off. I’m looking for us to probably pull back to 75 75 and a half and then find support there. So, if we’re going to get a pullback there on Bitcoin, which we already are getting a pullback, so we might be a little bit late, um, because it’s happening overnight, but I think Coinbase would have more room to 180. I think there’s a nice support level here on um, on Coinbase from 193 to 195. And if Coinbase is underneath 193 192, I would probably look for a short around 192, stop loss around 195, and look for Coinbase to drop down to like 180. Okay, we’ll look for Coinbase to drop down to like 180.
All right, so there you guys have it. So there’s one, two, three, four, five, six different short ideas. CBRS, which I’m already in, SPY or futures, ESMES or SPY, depending on if you trade options or if you trade futures. SO XL ETF, so essentially a short on semis, Micron, AMD, also if you want individual names. Coinbase for crypto. I’m looking at shorts on all of them. To the long side, like I said, I don’t like just being completely one-sided on my watch list. To the long side, I have three different stocks that I would look at if the market were to turn around. um and they’re all in the software space. I think you’re going to see this rotation. We saw this rotation on Friday where semiconductor sold off and software stocks rallied which is the exact opposite of what we’ve seen for the last two months um last few months. I think that continues. And what I think we can end up seeing here is I’m looking at Snowflake with this absolute massive level in the mid to high 150s. If you look at Snowflake here, you can see support, support, support, support. You broke underneath it. resistance, resistance, resistance, resistance. And you can see on Friday, we’re trying to break out of this level. What you’ll also notice is this dark blue line you see on my screen. This dark blue line, that’s the 50-day moving average. See how it was resistance for the last week and a half. Now you broke above it. I am going to look for like 155, 156, 157, that like $2 zone. Okay? from like 155 to 157. I’m going look for that to be support and look for Snowflake to continue to the upside. Okay, I’m going to look for Snowflake to continue to the upside. And you see the 9 EMA, this 90 EMA is this teal blue line. See how that’s curling to the upside? So, I’m looking for the 90 EMA to kind of cross over that 50-day, provide support, and push Snowflake up into the high 160s. Now, again, I’m I’m not coming into this week, this isn’t like my my my go-to. This isn’t my number one idea, but I’m just sitting here telling you I am bearish this week. I’m already in in I’m already positioned short. I just went over with you what I’m looking for to happen this week. But if I am wrong or I I see some relative strength or if there’s a piece of news that comes out with US and Iran, then I I want to I want to have some ideas to look at long. Okay, that’s what I’m telling you. This this is right. I’m not telling you, hey, I’m coming into this week long. I’m not coming into this week short, but these are long ideas in case I’m wrong about that. So, Snowflake, I like that play there. If you can hold 155, if it gets underneath 155, I would probably just leave it alone. Then we’re going to look on over at Crowd Strike. Unbelievable run that these um cyber security stocks have had. Um you know, and I’m just looking at the 560s to be support if there’s any type of a pullback. I think the the breakout on these cyber security names I think is incredibly powerful. I love cyber security. CrowdStrike is my largest cyber security holding in my long-term portfolio. PaloAlto is second, fortunate is third. Um, and you have this previous all-time high here back in November. We broke above it last week. I think it’s going to be support. The 9 EMA is racing to the upside. And once this 9 EMA gets up to this level. I think that’s a beautiful spot for any type of a pullback into 570s, go long and look for the follow through on Crowdstrike. So, I would look for Crowd Strike down into the 570s for a long stop loss 560 and then look for this to continue. But eventually I think Crowd Strike gets above 600. You just might need you’re just going to need the market to really participate with it, right? That’s Crowd Strike. And then last but not least, another really weak one, Zcaler. I just think the Zcaler I I just think it has maybe one more. I don’t know. This is probably the one I I like the least, but I just see resistance up here. 1667. And I just think it has a couple of dollars to get there, right? Right? So, if you take a look at Zcala, you can see support, support, support. Back in February, you broke underneath it. Resistance, resistance, right? And now you have the 100 day moving average, which is this like pink purple line. I just feel like the stock’s going to do that. So, I feel like you got maybe another five bucks or so on on Zcaler. I would look for support on Zcaler around 158. So, 158 support. If if you get a pullback to 158, if it holds, you can go long at like 160 161, stop loss 158, and target 167. Okay, so that’s it. So that’s there’s my watch list. Again to recap, CBRS, the new IPO, SPY or ESMES, SOXL, Micron, AMD, Coinbase, all short, long, Snowflake, Crowdstrike, Zcaler.
All right, my sentiment bearish on the week. I think the markets are going to give us a pullback this week. I think this is going to be the first week that we have an actual pullback. I expect a red week. I do not expect a new all-time high this week. Um, and we’ll see what would make me be wrong about that if I don’t think Nvidia earnings being great will make me wrong about this. I think the only thing that makes me wrong about this is if there’s some breakthrough in negotiations with the US and Iran that gets oil prices down 10%. And then that brings down bond yields. Then I think I’ll probably be wrong. Markets probably move higher and then we can look through the longs on this. the tech stocks I just gave you. All right, with regards to Nvidia, before we go, Nvidia has earnings this week. So, let’s obviously game plan for that. One very important support level that we need to focus on here on Nvidia, and it is right around 215 or so, which is the previous all-time high prior to the most recent breakout. That area you would like to see hold. There’s two major support levels that I’ll just draw out for you on this. I don’t think the second one’s necessarily in play, but the first one’s right around 215. The second one is 195. I really don’t think that you’re going to see 195 on Nvidia. If you do, the market’s probably down big. Um, the only way I think Nvidia sees 195 is if earnings actually miss, which I do not expect. I expect earnings to beat. I expect earnings to be great. Um, but I think the market I think Nvidia’s stock probably even with earnings being good, I still think it pulls back into the teens, like 216, 217ish. So, I’m looking for a bit of a pullback there from Nvidia. Um, again, I think earnings are going to be good, but I still think the stock is going to is going to pull back a little bit because I think the overall market’s going to be pulling back, and I think Nvidia earnings could turn into a sell the news type of event. Um, and that’s it. Those are my thoughts. All right, those those are my thoughts. Uh hope you guys feel better prepared for the week. Um you know, we have really really clean setups that are out there. I I like the analysis. I like the opportunity. I like what I’m seeing. We ran the holy grail. You saw it. 80% confidence on the futures for the short. Um and that that trade actually worked out literally just right now. literally just worked out right now against the um yeah that worked out right now literally against that resistance level at 7,400. So even if you guys are are trading features right now, you could have scalped out like 10 15 points real quick on uh real quick on futures. So that’s what it says. You know, I like it. I like what I’m seeing and uh that’s my game plan. That’s how I plan on making money this week. All right, so that does it. That wraps things up for me on the live stream. Hope you guys uh enjoyed the live. Hope you feel better prepared. Those of you that are not yet members, I’m telling you guys, go to TT, excuse me, no, sorry, I said the wrong the wrong URL. Go to trueradinggroup.com990.
You guys can join the community of 11,000 traders from 114 different countries. You can use the AI tools um for 90 days for just a dollar a day. It’s our it’s our 90-day trial. I feel so confident if you use these tools for 90 days, you’re going to make money with them. You’re going to want to join the annual membership. That’s why we do it. Go ahead. TrueTrading.com990. Best decision you guys have ever made. If you have any questions at all, text us 18886212127.
Okay? The phone number is at the bottom of your screen. If you guys need to to check it, it’s right there at the bottom of your screen. Send us a text message. will help you guys out any way you can. Have a wonderful rest of the night, folks. Subscribe to the channel and smash that like button. Show some love if you have not done so already. I will see you all this week. I’ll be live on this channel covering Nvidia earnings with you guys after the close. Wednesday, I think Wednesday is the report. So, I’ll be live with you guys to cover Nvidia earnings. So, set your reminders, tune in then, and we’ll go over it all. My members, I’ll see you guys tomorrow morning bright and early as we always do. Those of you that are not members, I hope to see you in chat as a trial. If not, I wish you best of luck this week. Happy trading. Have a wonderful night. See you guys all later. Take care.