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Yo, what's up guys, it's uh trey baby, we out here in fayetteville north carolina, sorry, i'm out of the computer uh just making a trip out to the crib for the weekend with uh me and man gon na hang out with some dudes uh. You guys got to see tmi but anyways. I want to take a second to make a video and uh talk about this week, because this week was huge, uh, really really big actually and the spy had a really nice move rallied for like three straight days. Massive massive moves and amc game stop all the memes sort of rallied with it uh, which is something i've talked about a lot so uh.

I want to discuss that because it's really important there's a couple different things that i think we have to pay attention to. One, if you look back to march 29th, uh back in a couple months back. What you're gon na find is that that was the peak of the amc rally to 34 and it was the peak of the spy rally uh both both times. That was the highest.

That it rallied before continuing on with that bearish trend that we had seen right what this tells us is one simple thing, and it's that there is a tie, there's a correlation between the spy and amc and really what that's supposed to tell you in the most Simple layman's terms possible is bear markets, sort of sink all ships and when the bear market ends, all ships will rise, and that's really important to note now. That brings me to point two, which is now that you've seen a taste of spy relief right. We got a couple days of spy bounce which then translated to gamestop having multiple 20 days. Amc had a 16 day today, a couple of nice, four, five percenters uh.

What i want you guys to remember is bear markets don't last forever and when it does end uh, i think you're gon na see a nice relief bounce and, furthermore, i think you're gon na get to watch a little bit of what you tasted today, which is Green nice, green, good energy, good vibes, good, good, good, freaking, eight mentality and uh noisy goddamn honda, civics, dude nah. That's because i have to chew his ass. That's right, but that's really the big thing! Yeah! I see a couple different scenarios i'll give you the two that i see looking at the chart that i've had mapped out just like some of my older videos, but uh one of them would be uh. The spy rejects at this 236 level right for a long time.

I've said that the spy is going to dip down to 382, which is about 380 bucks. It would come up to 236, which is about 4 18. and then there's two options here, either a it rejects, in which case i think you see it come back down to about 385 or b it breaks through and if it breaks through this 236. I think it will test at that point about 440 and 440 is the top of uh the downtrend channel, and if it breaks 440, you could actually witness the end of the quote-unquote bear market.

Now, if i'm being honest, i don't think that we've seen enough change to inflation, enough change to the economic problems that we're currently facing to justify the end of the bear market, but it is entirely possible. Sometimes the markets are logical. Uh i just read: charts chart, looks pretty good. The spy is really getting some relief, it does feel a little too euphoric.

I wouldn't expect the spy rally the way that it has forever uh. But if it does, you know it will follow right. Look back! Every single relief bounce every single bear market rally, the spy has had the memes have had some secret big mac sauce just pumped into the the veins of uh of these charts, so uh be watching. For that.

That's the two scenarios i see uh either a rejects off that two three six about 418 bucks for the spy. If it does, i think that's going to drag the memes a bit amc, gamestop, blackberry, uh, beyond et cetera, breaks that you're watching that 440 mark got a couple days more extended green. You got a real opportunity for uh for some momentum here. So, taking a date of time, i tweeted this out earlier, but right now we're you're walking through uh the jungle right and when you're in the jungle you got ta take things a day at a time these things change, quick! You don't want to forget your your uh, your rain boots, so uh, that's what i got it's a great day.

Dude be happy, be hype. It's a great way to go into a three-day weekend, uh more than anything man. Just remember. You got other people in your corner, go outside kind of cloudy human.

Oh, this is more humid than oklahoma. I tell you that jesus not used to this my shape, that's what i got for you guys go enjoy our weekend, spend time with family and friends. I appreciate you, as always, until the next one, much lovely taps peace.

By Trey

26 thoughts on “This week was huge”
  1. Avataaar/Circle Created with python_avatars Anon Ymous says:

    "sorry I'm not at the computer" bro you can go wherever you want whenever you want. No need to apologize broski 🍻

  2. Avataaar/Circle Created with python_avatars Cliff Bennett says:

    With all of the walking around I thought you was going to start talking about transmephadites and then tell us all "go fuck your mothers" lol jk

  3. Avataaar/Circle Created with python_avatars nico5179 says:

    Nobody gives a crap about end of bear market, we here for the squeeze. I dunno why but seems to me you changed your tune, like u almost dont believe the squeeze is ever coming, but rather focus on measly profits of green days about 30% up. This is definitely not the way! AMC to the MOON!

  4. Avataaar/Circle Created with python_avatars Geraldo says:

    Me and who? Maaaannn? Or Matt? Fat Matt kohrs? The one gonna be charged soon for actively trading amc while telling people to buy and hold? 🤔 🤔 🧐 🧐

  5. Avataaar/Circle Created with python_avatars SU Ray says:

    Great week. Don't spend the weekend waiting on Tuesday. You have 3 days to enjoy. We DO WORK on Tuesday so enjoy today.

  6. Avataaar/Circle Created with python_avatars Craig Anthony says:

    one minute everyone wanted the spy to crash – they cried when it did – and now they want it to go back up again ??

  7. Avataaar/Circle Created with python_avatars mikejpete says:

    SPY is only tied to AMC as long as they reroute order flow. Theyve been destroying the entire market by delaying and not processing our orders. This is not stated enough

  8. Avataaar/Circle Created with python_avatars Hola! Jim Jim says:

    Amc and GameStop are negative beta stocks so I don’t see it has anything to do with the spy More illegal manipulation

  9. Avataaar/Circle Created with python_avatars Jason Cory. says:

    Go outside, enjoy life and don't forget your WHY!

  10. Avataaar/Circle Created with python_avatars Natan Radford says:

    @TREYYYY! You said you'd come by my bar – Single Brothers – in Winston Salem when you got to NC next. Come on! 😁

  11. Avataaar/Circle Created with python_avatars Christian Ayala Cruz says:

    Wonder what you think of New York Angelo's theory that maybe this bounce is to get people confident in buying options to then drop the price

  12. Avataaar/Circle Created with python_avatars leecm says:

    The market is going to take a shit when Biden forgives $10k student debt.

  13. Avataaar/Circle Created with python_avatars Scare Hollow says:

    So you're saying that stocks move with the stock market overall and not based on any conspiracy theories? Watch amct go to 11 or 12 on Tuesday

  14. Avataaar/Circle Created with python_avatars T bone says:

    $14 is a fucking joke.Wake me up and where back in the $70s.

  15. Avataaar/Circle Created with python_avatars Truth505 Productions -Ilovemystar- says:

    Next week where going back to 30-40!!!!!! we aint selling

  16. Avataaar/Circle Created with python_avatars TheMerlin51685 says:

    waiting patiently for that lemon pepper chicken tendies!!!

  17. Avataaar/Circle Created with python_avatars James Cadman says:

    there's a glItch rate on binance's chager to ethereum almost x4 , i made a vld '

  18. Avataaar/Circle Created with python_avatars Karen Power says:

    Thx Trey! Make sure you do another video when you hook up with TMI and the gang! Peace out!

  19. Avataaar/Circle Created with python_avatars Glenn Schlorf says:

    Great week great weekend…. Trey this is gonna be good. Cant wait for next week maybe we can get some good vibes. Amy is not a dead cat

  20. Avataaar/Circle Created with python_avatars J brown says:

    Man absolutely love the Trey from a civilian transfer. Never forget yoru training, but man civi life looks good on ya. Much love JBrown

  21. Avataaar/Circle Created with python_avatars chino bo says:

    Last year we were at $26 same day for AMC. Prepare for takeoff 🛫

  22. Avataaar/Circle Created with python_avatars Steven Hansen says:

    Hey it’s Shaggy, where is your dog Scooby Doo? Zoinks and jinkies.

  23. Avataaar/Circle Created with python_avatars Giovanni Adrien says:

    You always keep it real Trey much love bro enjoy the weekend

  24. Avataaar/Circle Created with python_avatars Joshua Beck says:

    Today was great but overall the week was brutal, I was heavy in SPY puts

  25. Avataaar/Circle Created with python_avatars Justin Haddock says:

    Trey looking like a sexy werewolf mid transformation

  26. Avataaar/Circle Created with python_avatars Mark Maxwell says:

    As soon as the Rates go up the Market is going back down!

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