The speaker predicted that if NASDAQ price reached a specific supply level during the trading day (Tuesday), the buying momentum would be exhausted, leading to a pullback, which he observed occurred the next day (Wednesday).
"I wanted this supply right here because by the time it comes to this supply, it's going to be the move is going to be exhausted, right? And most likely was going to pull back. Um, actually that that's what happened the next day, right? Where we we came back to this uh supply. Notice how the market reacted to that supply the next day."
