Latest / Financial Survival Network / A Crude Awakening: Energy, Gold, & Bitcoin Market Analysis- Michael Moor #6114

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A Crude Awakening: Energy, Gold, & Bitcoin Market Analysis- Michael Moor #6114 · Financial Survival Network

• 0:00
  Speaker 1: To be honest with that, don't pay too much attention
• 0:03
  Speaker 1: to the fundamentals. I am more of a technician, so
• 0:05
  Speaker 1: I look more at price patterns. The fundamentals are the
• 0:10
  Speaker 1: underpinnings of why the markets are moving in different directions.
• 0:15
  Speaker 1: It's just analyzing the technical prices will get you in
• 0:20
  Speaker 1: on those moves at a time earlier than the fundamentals.
• 0:26
  Speaker 2: Will paint that full picture for you. If that makes
• 0:28
  Speaker 2: this you're listening to Carrie.
• 0:30
  Speaker 3: Let'sa's financial survival Network where you get valuable information you
• 0:34
  Speaker 3: just can't find anywhere else to thrive in today's trying times.
• 0:39
  Speaker 3: You need the financial Survival Network now more than ever.
• 0:43
  Speaker 3: Go to Financial Survivalnetwork dot com and get your free
• 0:47
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• 0:52
  Speaker 2: Ever, and welcome. This is Financial Survival Network your host,
• 1:00
  Speaker 2: Carrie lutz. Ay, we got Michael Moore with us today,
• 1:03
  Speaker 2: not the Michael Moore, the more from more Analytics and
• 1:09
  Speaker 2: with us to review some markets see where they're heading,
• 1:12
  Speaker 2: particularly of noted interest, energy, gold, bitcoin, and we'll get
• 1:17
  Speaker 2: to some others if we have a chance. Michael, it's
• 1:20
  Speaker 2: great to have you back on the show. So what
• 1:23
  Speaker 2: do the markets have in store for us today or now.
• 1:27
  Speaker 1: Karen, thank you very much for having Joe. Okay, this
• 1:31
  Speaker 1: is crude oil. We've obviously generally been in a slab
• 1:34
  Speaker 1: over the past three weeks, four weeks. Break the tree
• 1:39
  Speaker 1: blow eighty most recently the rady below eighty eighty two
• 1:43
  Speaker 1: has brought in four dollars and seventy cents of pressure.
• 1:46
  Speaker 1: And I said, no, we're an embarrassed correction, a trend
• 1:48
  Speaker 1: against the move up from seventy to twenty three. And
• 1:51
  Speaker 1: I said, and if it's a correction, we've entered into
• 1:53
  Speaker 1: the ideal time frame for an exhaustion area to hold.
• 1:57
  Speaker 1: And we today we came down and we just touched
• 1:59
  Speaker 1: below this exhaustional area at seventy six to fifty seven.
• 2:02
  Speaker 1: We treated down to seventy six oh four voted rallied
• 2:05
  Speaker 1: right here. Now, this doesn't change this and make this
• 2:07
  Speaker 1: bullish necessarily.
• 2:09
  Speaker 2: The one thing I.
• 2:09
  Speaker 1: Would note is that the heating oil and the gas
• 2:12
  Speaker 1: oil both have turned bullish today.
• 2:15
  Speaker 2: They've both broken above.
• 2:17
  Speaker 1: Formation in those that project them higher. So I would
• 2:21
  Speaker 1: expect that the creue oil is likely going to follow,
• 2:24
  Speaker 1: because the heating oil is leading the complex right now.
• 2:30
  Speaker 1: The reason why we know the heating rail is leading
• 2:32
  Speaker 1: the complex.
• 2:33
  Speaker 2: Is I.
• 2:35
  Speaker 1: Weigh these spreads between the products of crude oil and
• 2:38
  Speaker 1: the crude oil, that dictates to me which product is
• 2:42
  Speaker 1: leading the complex to the other side. Currently it is
• 2:45
  Speaker 1: the heating role that is leading the complex to the upside,
• 2:49
  Speaker 1: so crude oil is most likely going to follow. I
• 2:52
  Speaker 1: would also follow that up of saying that if this
• 2:54
  Speaker 1: crude oil gaps open higher tomorrow, is the market's going
• 2:58
  Speaker 1: to close in twenty three minutes from now. If the
• 3:00
  Speaker 1: gaps are up at higher tomorrow, it will leave a
• 3:03
  Speaker 1: minor bullish reversal below that will likely bring in higher
• 3:07
  Speaker 1: trade for a couple of days. But the eyes are
• 3:10
  Speaker 1: really on the heating oil to see what that does.
• 3:12
  Speaker 1: If that fails back down below the formation you've broke
• 3:16
  Speaker 1: about today, then the whole market should capitulate and continue
• 3:19
  Speaker 1: back down to the downside.
• 3:21
  Speaker 2: All right, So interesting, and so we're you know, it's
• 3:28
  Speaker 2: summer now. They used to once upon a time build
• 3:31
  Speaker 2: inventories for the winter. Is that what's going on now here?
• 3:37
  Speaker 2: Or is something else happening?
• 3:40
  Speaker 1: To be honest with that, don't pay too much attention
• 3:43
  Speaker 1: to the fundamentals. I am more of a technician, so
• 3:45
  Speaker 1: I look more at price patterns. The fundamentals are the
• 3:50
  Speaker 1: underpinnings of why the markets are moving in different directions.
• 3:55
  Speaker 1: It's just analyzing the technical prices will get you in
• 4:00
  Speaker 1: on those moves at a time earlier, and then the
• 4:05
  Speaker 1: fundamentals will paint that full picture for you.
• 4:08
  Speaker 2: If that makes sense. Yep, it certainly does. We get
• 4:11
  Speaker 2: that because it.
• 4:13
  Speaker 1: Heads up to in the heating well. That formation that
• 4:16
  Speaker 1: we broke above came in at two forty four sixty
• 4:20
  Speaker 1: four as a one o'clock and that decreases by seven
• 4:25
  Speaker 1: ticks per hour. If we fail back below that decently,
• 4:28
  Speaker 1: that'll turn the market.
• 4:29
  Speaker 2: Back to bearsh Okay, interesting, interesting, Okay.
• 4:33
  Speaker 1: Next, and so you want to take a look at
• 4:36
  Speaker 1: the gold.
• 4:38
  Speaker 2: Yeah, they're always interested in gold.
• 4:41
  Speaker 1: So gold, we really has come off pretty hard here.
• 4:44
  Speaker 1: We've been embarras since holding exhaustion up above. Had a
• 4:48
  Speaker 1: large gap open lower yesterday. So the gold I warned
• 4:51
  Speaker 1: to trey below twenty four sixty four eighty to twenty
• 4:53
  Speaker 1: four sixty one twenty with wren a decent pressure.
• 4:56
  Speaker 2: Likely for days.
• 4:57
  Speaker 1: We had come off ninety six dollars ten cents coming
• 5:01
  Speaker 1: into this morning and a little bit more than that today,
• 5:05
  Speaker 1: and then the trade below twenty four eleven projects this
• 5:08
  Speaker 1: downward sixty five dollars plus we'd seen forty five point
• 5:12
  Speaker 1: one of that so far, and then another piece of
• 5:14
  Speaker 1: that today as well, and then the trade below twenty
• 5:17
  Speaker 1: three twenty also order pressure today also we are likely
• 5:24
  Speaker 1: going to lead a minor bearish reverse above.
• 5:29
  Speaker 2: Yeah. Second here right here, so.
• 5:32
  Speaker 1: Were negative and minor bullish reversal from below the previous
• 5:35
  Speaker 1: day left the minor bears reversal above today. Actually that's
• 5:38
  Speaker 1: already in place because the gold's already closed at one third,
• 5:43
  Speaker 1: So I think this the entire timeframe bearish correction against
• 5:48
  Speaker 1: me up from nineteen even twenty so this can still
• 5:53
  Speaker 1: see considerable lower trade. Those first exhaustion levels for the
• 5:58
  Speaker 1: higher timeframe are don't even come until twenty two sixty
• 6:04
  Speaker 1: six to twenty two fifty five, and then you have
• 6:07
  Speaker 1: luck on that at twenty one ninety four to twenty
• 6:10
  Speaker 1: one ninety one twenty So.
• 6:13
  Speaker 2: Yeah, looking pretty barrissie.
• 6:16
  Speaker 1: Do you have any questions on that?
• 6:17
  Speaker 2: Or I can see your point there looks like looks
• 6:25
  Speaker 2: like a little topy. Huh.
• 6:27
  Speaker 1: Yeah, Well, if this is a sixty minute chart, if
• 6:30
  Speaker 1: I was to go to a daily chart like this
• 6:32
  Speaker 1: one and really tighten it up a bit like this,
• 6:37
  Speaker 1: you can see we've had this five wave structure up here,
• 6:40
  Speaker 1: peaked right here held exhaustion, and then as you're starting
• 6:45
  Speaker 1: to roll over. So I think that this correction is
• 6:48
  Speaker 1: going to exceed the size of this one right here,
• 6:50
  Speaker 1: probably down into here, but probably dip down into these
• 6:52
  Speaker 1: lower areas before slash. If reasonable higher trade, this would
• 6:58
  Speaker 1: be an area of a solidation or support if if
• 7:02
  Speaker 1: you want to call it that, between twenty three oh
• 7:07
  Speaker 1: eight seventy and uh twenty three oh four to seventy
• 7:11
  Speaker 1: you really take that out that can you know, really
• 7:14
  Speaker 1: take this dot intoto the twenty one seventies or so,
• 7:18
  Speaker 1: and you wanted to look at the coin er, did
• 7:19
  Speaker 1: you have any questions on that before?
• 7:20
  Speaker 2: We? Yeah, makes sense makes sense there.
• 7:24
  Speaker 1: So the big cooin, the trade above fifty six seven
• 7:29
  Speaker 1: forty uh turned to spolish. We'd singing eleven nine hundred
• 7:34
  Speaker 1: and fifteen per coin of that, and then the trade
• 7:36
  Speaker 1: above sixty one oh forty five projected this upward seven
• 7:39
  Speaker 1: thousand per coin. We attained seven thousand, six hundred and
• 7:42
  Speaker 1: ten of that so far However, I noted that right
• 7:45
  Speaker 1: up in here with these two little lines this denoted
• 7:49
  Speaker 1: possible exhaustion.
• 7:50
  Speaker 2: We held it just about exactly.
• 7:52
  Speaker 1: Right there at the sixty eight one one to sixty
• 7:57
  Speaker 1: eight five eighty nine with the sixty eight six fifty
• 7:59
  Speaker 1: five high and rolled over four thy eight hundred and
• 8:02
  Speaker 1: sixty five or coin in a little bit more than
• 8:05
  Speaker 1: that today possibly in embarrassed correction against this move up
• 8:10
  Speaker 1: from fifty three six thirty five. Initial exhaustion is at
• 8:15
  Speaker 1: sixty two nine one seven, and then we have another
• 8:18
  Speaker 1: one at sixty one, and then other times. If this
• 8:22
  Speaker 1: rally is up and takes at this formation above here,
• 8:26
  Speaker 1: which comes in at sixty nine five hundred plus twenty
• 8:30
  Speaker 1: one per hours starting at two o'clock PM Eastern Standard time,
• 8:34
  Speaker 1: that will more of renewed strength.
• 8:38
  Speaker 2: So what do you think I mean in the longer
• 8:42
  Speaker 2: run is the is the run up still intact or
• 8:48
  Speaker 2: are well?
• 8:49
  Speaker 1: We can see, uh, this is a daily chart right here,
• 8:51
  Speaker 1: we're just pulls together a little bit. I think this
• 8:56
  Speaker 1: this run up from the you know, twenty thousand of
• 9:01
  Speaker 1: coin level here, I think that this is just a
• 9:03
  Speaker 1: bearish correction against this. So if this takes out this
• 9:07
  Speaker 1: formation above, it will have very significant projections to the upside.
• 9:13
  Speaker 1: Let me just pull that together again. That line up
• 9:16
  Speaker 1: there is red apere.
• 9:17
  Speaker 2: I didn't mention that. I'm sorry that comes in.
• 9:19
  Speaker 1: It's seventy one five point fifty one minus one per
• 9:23
  Speaker 1: hour starting at two o'clock PM Eastern Standard time. We
• 9:28
  Speaker 1: break above that diesel, and that is going to project
• 9:31
  Speaker 1: this upward eighteen thousand plus per coin. So that's a
• 9:36
  Speaker 1: very significant formation to keep an eye out, all right,
• 9:39
  Speaker 1: right now, just short term we're bearish.
• 9:40
  Speaker 2: Right here, short term bearish, but potentially could go higher.
• 9:46
  Speaker 2: How high I kind of go here, I mean, it's right.
• 9:49
  Speaker 1: If we take this formation out above, this thing could
• 9:51
  Speaker 1: really scream. I mean, this thing could move up into
• 9:54
  Speaker 1: the hunderd and five outright upon those levels. But at
• 10:00
  Speaker 1: the very minimum, we take that formation out of and
• 10:02
  Speaker 1: reject this up. We're eighteen thousand per coin.
• 10:05
  Speaker 2: From that level. And it's been a bit range bound,
• 10:10
  Speaker 2: you know, fluctuating between like mid fifties up to like
• 10:16
  Speaker 2: high sixties exactly, and it's like it's waiting for a
• 10:22
  Speaker 2: push up or down. You know, I can't figure out which,
• 10:25
  Speaker 2: but the trend is still up for now. Could it
• 10:30
  Speaker 2: have peaked. I don't know it hit it all time high, So.
• 10:35
  Speaker 1: I think we're more higher likely scenario is a run
• 10:38
  Speaker 1: to the upside. This is a lot of consolidation right
• 10:42
  Speaker 1: in here, if you can see MS screen. But the
• 10:44
  Speaker 1: run that consolidation was from lower levels strongly up into it.
• 10:49
  Speaker 1: So usually you have a big run like that, it's
• 10:51
  Speaker 1: going to consolidate for a while before launching off into
• 10:55
  Speaker 1: a whole nother run. So yeah, just short term embarrassed
• 11:00
  Speaker 1: right here.
• 11:00
  Speaker 2: But I think.
• 11:02
  Speaker 1: The more likely scenario will be that this will eventually
• 11:06
  Speaker 1: continue to the upside.
• 11:08
  Speaker 2: Okay, cool, all right, I buy it. I am buying it,
• 11:13
  Speaker 2: so you don't have to sell it.
• 11:16
  Speaker 1: Well, just as a point to your listeners, some people,
• 11:21
  Speaker 1: when they approach the markets, they most retail people approach
• 11:26
  Speaker 1: the markets from an investors standpoint, right, not a trader's standpoint.
• 11:35
  Speaker 1: This is true, and the difficulty with that is they
• 11:42
  Speaker 1: often take whole positions for significant periods of time against themselves,
• 11:49
  Speaker 1: and the worst thing that can happen with that is
• 11:52
  Speaker 1: that they're correct and then it takes off again and
• 11:55
  Speaker 1: they rally. Then they feel good about holding the position
• 11:57
  Speaker 1: for all that time. There's also opportunity costs there. First
• 12:03
  Speaker 1: of all, if the thing keeps going down, you can
• 12:05
  Speaker 1: really get destroyed. Second of all, while it's going down
• 12:08
  Speaker 1: for a long period of time, you know you're not
• 12:11
  Speaker 1: making money in that investment. And one of the things
• 12:15
  Speaker 1: that's helpful about having an analyst like me or somebody
• 12:19
  Speaker 1: else who knows what they're doing in the market and
• 12:22
  Speaker 1: knows different levels. Even if you're not able to trade
• 12:26
  Speaker 1: on a day to day basis every day in and
• 12:28
  Speaker 1: out of the markets, if you know decent levels on
• 12:31
  Speaker 1: the way down, you're better off getting out of lungs.
• 12:38
  Speaker 1: Let's say, for example, you want to hold it for
• 12:41
  Speaker 1: a big move to the upside and then the market
• 12:43
  Speaker 1: starts going down against You're better off getting out of
• 12:46
  Speaker 1: the lungs below certain formations and then trying to buy
• 12:50
  Speaker 1: again at small areas where you can take minimal risk,
• 12:55
  Speaker 1: and if it bounces off that area, you take off
• 12:58
  Speaker 1: part of your position to pay for the trade. And
• 13:00
  Speaker 1: that way, if it goes down through the level, then
• 13:02
  Speaker 1: it's basically a wash, or maybe you make a little
• 13:05
  Speaker 1: bit of money and keep doing that at different levels
• 13:07
  Speaker 1: on the way down, and eventually if that if the
• 13:10
  Speaker 1: market is going to return to the upside, you'll be
• 13:13
  Speaker 1: only very close to its turning inception, but having taken
• 13:17
  Speaker 1: much less risk on the way down.
• 13:20
  Speaker 2: Okay, I'll buy that. I'll buy it makes sense old
• 13:25
  Speaker 2: Wall Street maxim you never go broke on Wall Street
• 13:29
  Speaker 2: taking the profit right.
• 13:31
  Speaker 1: Well, I've heard people say that, but that can that
• 13:33
  Speaker 1: can definitely be false. Also depends on when you're taking
• 13:37
  Speaker 1: those profits.
• 13:38
  Speaker 2: You know, if you're if you're well to.
• 13:41
  Speaker 1: Your point, if you're letting your losers run against you,
• 13:45
  Speaker 1: but you're taking your profits too quickly, then you can
• 13:48
  Speaker 1: get annihilated. But what you want to do is you
• 13:52
  Speaker 1: want to limit your losses and let.
• 13:54
  Speaker 2: Your winners run. Yes, you want to cut your losses
• 13:57
  Speaker 2: and let your profits run.
• 14:00
  Speaker 1: But what is one very true Wall Street mecho that
• 14:05
  Speaker 1: I think everyone would do well to remember is the
• 14:09
  Speaker 1: markets can stay irrational more longer.
• 14:12
  Speaker 2: Than you can stay liquid solving. Yeah, this is very true,
• 14:18
  Speaker 2: no question about.
• 14:19
  Speaker 1: It, and a good example to anybody out there if
• 14:23
  Speaker 1: they're wondering whether they should just hold something against themselves.
• 14:26
  Speaker 1: Is crude oil back in twenty twenty one that went
• 14:29
  Speaker 1: to negative forty dollars a barrow briefly, which would have
• 14:34
  Speaker 1: wiped out anybody's account. So always trade with stops, Always
• 14:38
  Speaker 1: know where you want to get out if it goes
• 14:39
  Speaker 1: against you, and have an idea of where you want to.
• 14:42
  Speaker 2: Get back in. Yeah, if you want to get back in, sure,
• 14:46
  Speaker 2: exactly makes a lot of sense. All right, what else
• 14:50
  Speaker 2: we got here?
• 14:51
  Speaker 1: You like to take a look at the SMP.
• 14:53
  Speaker 2: Yeah, let's look at the S and P unless you
• 14:56
  Speaker 2: want to look at natural gas. You let's look at
• 14:59
  Speaker 2: SMP first and we can finish up with that gas.
• 15:02
  Speaker 1: Okay, With the S and P five hundred, we can
• 15:05
  Speaker 1: see here we've had a couple of We had a
• 15:07
  Speaker 1: gap lower here on the seventeenth of July, another big
• 15:11
  Speaker 1: gap lower here of the twenty fourth of July. More importantly, though,
• 15:15
  Speaker 1: we held a very.
• 15:16
  Speaker 2: Key exhaustion up here. You can see that in red.
• 15:20
  Speaker 1: I've been on the show a number of times for
• 15:22
  Speaker 1: quite a period back, so just as a macro summary
• 15:26
  Speaker 1: of some of the other things i've called in here,
• 15:28
  Speaker 1: then bullish Since thirty five oh two, which I said
• 15:32
  Speaker 1: we'd likely start a macro bullish trend, we've seen twenty
• 15:37
  Speaker 1: two hundred and nineteen point two to five handles of that,
• 15:40
  Speaker 1: and a lot of other detish formations in here along
• 15:43
  Speaker 1: the way. All of those are on hold. I said,
• 15:46
  Speaker 1: we held possible exhaustion at fifty seven nineteen seventy five
• 15:50
  Speaker 1: to fifty seven to twenty six even then with the
• 15:52
  Speaker 1: fifty seven and twenty five high and had rolled over
• 15:56
  Speaker 1: two hundred and seventy points coming into today, and then
• 15:59
  Speaker 1: a little bit more than that right here, and then
• 16:01
  Speaker 1: the trade below fifty six to nineteen brought it one
• 16:04
  Speaker 1: hundred and sixty eighty pressure, and then more recently the
• 16:07
  Speaker 1: break below fifty five seventy two. I said, projected this
• 16:11
  Speaker 1: downwards sixty four minimum one hundred and twenty two plus
• 16:14
  Speaker 1: maximum based off of well formed formation. We attained one
• 16:18
  Speaker 1: hundred and twenty one of that coming into today, and
• 16:21
  Speaker 1: then got the one twenty two plus right here before
• 16:24
  Speaker 1: holding this exhaustion below. Short term right here, I'm bullish
• 16:29
  Speaker 1: because we broke back above this line at fifty five
• 16:33
  Speaker 1: seventy three twelve or fifty five seventy three. Basically, it
• 16:38
  Speaker 1: has odd odd levels here. It doesn't take in those increments,
• 16:41
  Speaker 1: but I have them there because it's a line that's
• 16:43
  Speaker 1: moving down that you're trying to adjust. So short term
• 16:45
  Speaker 1: here I'm bullish, but I think that in general this
• 16:48
  Speaker 1: is probably not finished to the downside yet and probably
• 16:51
  Speaker 1: a likelihood of rolling rover again. If this was the
• 16:54
  Speaker 1: trade decently back above this major formation above, which comes
• 16:58
  Speaker 1: in at fifty five to thirty five plus thirty four
• 17:03
  Speaker 1: per hour starting at two o'clock PM Eastern Standard time,
• 17:07
  Speaker 1: I would be out of all shorts long and looking
• 17:11
  Speaker 1: for this to rally for days, and that would probably
• 17:15
  Speaker 1: be a high likelihood that this would run back up
• 17:17
  Speaker 1: the fifty seven to twenty one and a quarter plus.
• 17:20
  Speaker 1: Then can we take out this formation down below here,
• 17:22
  Speaker 1: which comes in at fifty four thirty three sixty four
• 17:27
  Speaker 1: plus twenty two per hour starting at two o'clock PM
• 17:30
  Speaker 1: Eastern standard tug that will ward of decent pressure. There
• 17:34
  Speaker 1: are some exhaustion levels to contend with on the way down.
• 17:39
  Speaker 1: One of them comes in at fifty seven seventy seventy five,
• 17:42
  Speaker 1: next one down below comes in at fifty two eighty
• 17:44
  Speaker 1: seven seventy five, and then a final one comes in
• 17:47
  Speaker 1: it fifty one seventy even to fifty one sixty fifty
• 17:53
  Speaker 1: And any questions on that part go to the natural gas.
• 17:57
  Speaker 2: I think that looks pretty good, yeah, let's do that us.
• 18:00
  Speaker 1: Okay, natural gas, giving what second, I just could to
• 18:02
  Speaker 1: pull it back up here. So the natural gas just
• 18:06
  Speaker 1: as an overall because we've been on the show for
• 18:08
  Speaker 1: a while, we've been bear since eight dollars and twenty
• 18:11
  Speaker 1: point eight.
• 18:12
  Speaker 2: Yeah, I remember that glory days.
• 18:16
  Speaker 1: Yep, we've seen six dollars and sixty eight point six
• 18:18
  Speaker 1: of that to the downside. A number of other bearish
• 18:20
  Speaker 1: formations in here.
• 18:21
  Speaker 2: Well.
• 18:22
  Speaker 1: Recently we had a run up we held exhaustion up
• 18:24
  Speaker 1: above at three twenty two ten and it rolled over
• 18:27
  Speaker 1: a dollar twenty point six, and then yesterday we left
• 18:32
  Speaker 1: a Yesterday we left a minor barish reversal above that
• 18:36
  Speaker 1: wanted a renewed pressure, likely back down towards the lows.
• 18:40
  Speaker 1: Starting to see that pressure down towards the two oh
• 18:43
  Speaker 1: one fifty level. But I would caution that this is
• 18:46
  Speaker 1: likely in the last stretch of the moved down from
• 18:49
  Speaker 1: three twenty two ten.
• 18:51
  Speaker 2: With exhaustion levels. What's that it looks at It looks
• 18:55
  Speaker 2: like a double bottom's coming.
• 18:58
  Speaker 1: So we have exhaustion levels aware of one ninety four
• 19:01
  Speaker 1: sixty and then another level here at one eighty five
• 19:04
  Speaker 1: seventy to one eighty ninety and one further one down
• 19:08
  Speaker 1: below here at one sixty twenty two.
• 19:11
  Speaker 2: One fifty two fifty.
• 19:14
  Speaker 1: Also, if it takes out this line above here, which
• 19:16
  Speaker 1: is a well formed line that's going to come in
• 19:18
  Speaker 1: at twenty two eighteen ninety minus one point five ticks
• 19:22
  Speaker 1: per hour starting at two o'clock PM Eastern Standard time,
• 19:25
  Speaker 1: that will project this up with two hundred ticks minimum,
• 19:28
  Speaker 1: three hundred and seventy tis plus maximum. Yeah, so that summarrasses, Yes.
• 19:34
  Speaker 2: All right, I'll buy it.
• 19:36
  Speaker 1: My commentary can be somewhat dried into the point and
• 19:39
  Speaker 1: very numerical, but I meet all my clients life hedge
• 19:45
  Speaker 1: funds and industry companies and in proprietary traders, so they're
• 19:48
  Speaker 1: right dialed into the specifics of the numbers.
• 19:51
  Speaker 2: All okay, I like it. I like it? All right, Michael,
• 19:56
  Speaker 2: where do we find you again?
• 20:00
  Speaker 1: You can go to my website which is more analytics.
• 20:03
  Speaker 1: Let me just pull up a thing just to the
• 20:06
  Speaker 1: youwers can see it real quick. Here we go, all right,
• 20:11
  Speaker 1: you have more analytics. More is just spelled m O
• 20:14
  Speaker 1: R no E at the end. So sorry, mare Aux
• 20:17
  Speaker 1: dot com right carries reach me by.
• 20:19
  Speaker 2: Email or phone very well. The link is in the show.
• 20:23
  Speaker 2: It's this interview on Financial Survival Network dot com. And hey,
• 20:29
  Speaker 2: when you go there, take a look at the site.
• 20:31
  Speaker 2: Sign up for a free newsletter. I know you like it.
• 20:34
  Speaker 2: Got like really good stuff on it, information you will
• 20:37
  Speaker 2: not find anywhere else. And got a question for Michael
• 20:42
  Speaker 2: or myself, Shoot me an email kl at Carrie lets
• 20:46
  Speaker 2: dot com. Mike, always a pleasure, Thanks for stopping by.
• 20:49
  Speaker 1: Thank you very much.
• 20:50
  Speaker 3: Carry I appreciate thanks for listening to Carrie Lets's Financial
• 20:54
  Speaker 3: Survival Network, your solution to today's trying times. For the latest,
• 20:59
  Speaker 3: go to Financial Survivalnetwork dot com. Financial Survival Network now
• 21:05
  Speaker 3: more than ever,