NVDA's breakout failed — he calls it the worst breakout in history; it broke below the 50-day to a lower low, failing to hold 236. He wants bounces sold, not bought, with the new reference low 219.64 and the 100-day near 215.90.

And we just had the worst breakout in history in the what's supposed to be the best stock in the world, which is Nvidia.

So, I tried a little Nvidia on Tuesday and made some money because it had a nice reversal and then got stopped out right around here. You know, from 243 down, you had a red dog reversal, right?

That's what that was. You had a candle that made you tactical money. If you took a third, not all of it, to see if there was follow through. You probably lost money there yesterday.

And I did lose a little bit of money in the video yesterday, but just a little bit. Okay. And anyway, then then you had to get out of the way. has this turned into a lower low down through the 50-day, you know, if if this was going to be healthy, you know, and continue, it should have held 236 and then and then at least not do that.

So, just the way the market is right now. What's this low here? It went as low as 21964. So, that's your new point of reference. 21964 is right here. Um, we'll see if there's a tactical bounce today.

You know, some guys like Red Dog, I'm just shorting every bounce. I'm not looking for a tactical buy in the hole for a trade. I'm looking for every bounce to be sold. And if that's what you do, congratulations.

You're probably making really good money right now. Where's Nvidia right now? Nvidia is down four. So sometimes you just got to feel good about losing money. So I actually feel I'm in a better mood because I followed my process.

I was like, you know what? I I tried it here and I made some money and I took home small. It was actually up. It was up pre-market up a dollar and I tried it once or twice and then once it broke the low of the day I'm like that bounce attempt is over.

I think I got out at 223 or 224 and look at it at 217 now. So I talk about in tactical times you know there's a fine line. There's a fine line between losing a little and losing a lot if you don't follow your process.

Right? And if you tried it here and got out of the way, guess what? you you didn't hold your nose down to 219 and now all of a sudden this morning you might be able to buy vers a level and trade around it versus sitting there going oh my god I lost so much money yesterday and if you shorted it congratulations you that must be you know you're that good so here's here's what's this level here's the 100 day you know 100 day is down near um 21590 so um you know that that that's worth a look you know levels are worth a look