The Trust Layer for Market Analysts

The analysis begins by observing the market's current state and noting it's a bit red or selling off in the morning, attributing this to a rotation after Powell's speech on Friday. The video highlights the Nasdaq's nearly 3% pump, transitioning from a green (buy) zone to a red (sell) zone around 11 AM Eastern. Now back to the buy zone, the video suggests potential for movement in either direction with some Gaps above and the gaps and below on SPX, which could need to be filled. The video advises being careful about buying at all time highs during September. For SPX the video presents the red resistance zone and potential pull back to a 20 moving average, but that is not clear, it could also continue downwards to fill the gaps, he indicates 3.4% to the level of 6255. Bitcoin experienced a flash crash at 3:30 PM Eastern, landing in a buy zone. The strategist advises that you shouldn’t short from that position, because it could pump at any time. Lastly he comments about the bonds, showing an identical action of buy and sell, now it may re enter the buy zone. Overall, commodities and the larger tickers are in down trends and may go lower.