Whats Hamed's view right now?
Hamed is one of the traders with a rate high-accuracy. Let's listen to his thoughts.
This video is a market recap where the creator reviews calls he made correctly over the prior two days and outlines his current outlook:
What He Got Right He predicted a short-term market bottom on Monday or Tuesday by tracking the VIX (which was extremely overextended above its Bollinger Bands) and crude oil. Both pulled back as expected, causing the broader stock market to bounce strongly.
Crude Oil He used a chart analog overlaying the current oil move against the Russia-Ukraine conflict in early 2022, noting the patterns aligned almost perfectly — including a ~20% intraday drop. His key point: high oil = bad for stocks, since it raises transportation/production costs and squeezes profit margins.
VIX When the VIX stretches too far above its upper Bollinger Band, it can't sustain that level and snaps back. When it drops, the S&P 500 rallies — a reliable negative correlation he used to time the bounce.
Large Tech Stocks He ran through Apple, Google, Tesla, Netflix, Meta, Microsoft, Amazon, Nvidia, and AMD — all showing bullish signs, holding key support levels, and forming bullish patterns (falling wedges, bull flags).
Broader Market Outlook S&P 500 and NASDAQ are holding critical support levels with room to retest all-time highs. Gold, silver, Bitcoin, Ethereum, and Solana are all looking constructive. The main risks are crude oil and the VIX potentially bouncing again, plus CPI data due the next morning.
On Oil Manipulation He argues oil dropped not because the Middle East situation improved, but because major economies (China, India, Japan, Europe) and OPEC deliberately released supply to prevent an economic crisis — and he doesn't expect oil to explode dramatically higher for the same political/economic reasons.