[Music] yeah warning this video and all other videos on this channel for entertainment purposes only the content of this video and all other videos on this channel are the opinions of the Creator only and do not constitute legal Trading Financial advice of any kind investing carries a high level of risk and the majority of retail clients lose money do not invest in capital unless you understand the risk and you are prepared to lose it all all right hello and welcome to camel Finance I'm your boy camel and I hope you all had a fantastic Christmas
I hope you enjoyed relaxing like I have been this will be the last video from me that is outside of the normal routine for the channel so today I wanted to point a few charts I want to ease myself back into this mostly just point out that the cycle lows are shaping up the way they're expected to so if we take a look at the stock market first okay what's really interesting about this is for many many weeks we've been targeting early January as a cycle low window for a bunch of different asset classes and
they're all kind of showing up on schedule at the same time so there's still an outside chance that this is an early day 33 cycle low here although of course that would be early and thus on a balance of probabilities we can say there is probably a second Drive Lower here okay first drive second drive with an undercut to a new lower low cycle low around day 40 if it was on day 40 that would be early January time frame as you can see here for from around the 2nd of January would be perfect day
40 so on a balance of probabilities I still expect one final lower low and if we get that then of course that is what this long position is doing cued down here I've been very consistent in all of the videos leading up to this one that that low for me would be a tradable low and we'd be looking to be long strong and wrong on the idea that things are going to break down and if they did break down then of course we can lock in the profit early on and flip short and look for
a much more severe correction into the upcoming weekly cycle low so nothing has really changed except we are now in that window to see a couple more downside candles hopefully an undercut because it makes it easiest to identify and then I should have a tradeable low to get behind as ever there's always an invalidation okay if the low is in early then we should get a break of this downward sloping red resistance line and if we do then I'll have to get long from up here it's not my preferred look certainly a higher probability of
getting stopped out if that's to occur so in the next few days we're going to get an answer because we're either going to have broken out or we're going to have started to move down towards that cycle low either way then you will see me get long for the stock market kind of the exact same deal for the NASDAQ right I drew with this yellow squiggle was talking about this second drive to a lower low and so far rejection resistance possible that we are going to see that lower low if we do of course then
I'll treat it the same as the stock market and if this thing continues to blast off higher then of course we will have confirmed the low was in slightly early and we'll be looking to play a breakout from slightly higher up and for the Dow Jones you can see I was looking for some kind of secondary Drive Lower low so far we got breakout retest but no resumption so if it is going to invalidate the low low and confirm that this low from back here on the 20th of December was indeed the cycle low then
similarly to the NASDAQ and the S&P we should see this thing resume off and you should see camel get long on a breakout if however it does what it should do on a balance probabilities which is put in another lower low or even a double bottom then again same deal we'll trade that cycle low out of there so very very close now to getting some exposure back just need the market to prove to me what it is exactly working on whether that is a lower low or a breakout retest resumption the Russell 2K was the
only piece of index exposure I kept and as you can see that's still holding the support line so nothing more to say about that long and strong all the while we're above for gold and the precious metals you can see no real changes to the plan we are now getting slightly later and later for this daily cycle low but there is still no clear sign of it so on a balance probabilities we should still be expecting one new lower low it would be slightly later than is normal for gold but I do wonder if the
whole thing is going to sink up right we've got Bitcoin the stock market and now possibly gold looking for an early Jan cycle low followed by a big push which kind of suggests to me that by the time these lows are in early January we are setting ourselves up for a big strong push into the start of 2025 on a balanced probabilities we expect a lower low that's why this is queued down here and if we don't get it and we start to push off then we will have confirmed an earlier low and be looking
to take the trade higher but if we look at silver silver is again the tell right you can see silver not exactly looking like it's ready to move higher again we are still targetting one lower low but the good news is of course we are just days away from all of these forming now unless they're already in in which case we are days away from confirming they are already in and either one results in new long trades and for Bitcoin exactly the same is true as well we are still targeting that early January time frame
as of today we're on day 54 so we have just crossed into the window but we should be looking for around day 60 which would put us somewhere around the 3D of Jan that would be a perfect 60-day cycle again same deal right we' kind of already had this so now we just need this into that cycle low and then again we can get long out of some swings and of course for Bitcoin the interesting part is we're going to set a third and final blowoff top angle in here wherever it forms so once again
no changes to the plan and once again ever closer to actually finding a tradable low if what we do here is again just sort of chop around for a couple more days and then blast off in a big strong candle then I will be adding on that big green candle but once more it makes a lot of sense to me that we do get one final undercut so like I said at the beginning of the video that's it from me in terms of broken or sporadic or non-routine content as of Monday we'll be back to
the Daily uploads the weekend deep Dives on The Saturdays as you can see we have been patiently waiting for these cycle lows and they are now very very nearly here all we need to do is have the market prove to us the lows are in and then again as always we've got a high probability set up with a nice area on the chart to manage the risk around if you're a level three member I'll update you when I go along in real time with the exact levels for entry and stop loss as always and for
everyone else I will see you on Monday I hope you're doing well in life until next time cheers [Applause] bye see rocking the mucks with his contrarian stream trads like a pro no fear no shame sticking to his guns in his money game he's a bad ass oh yes indeed G fin got the lock key taking aies on a bumpy ride casting those emotions