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What's going on, guys, welcome back to the channel. Appreciate you guys tuning in. So today's video is going to be a little recap of today's trades. Uh, on the small count, some analysis going forward for the market. looking at some past analysis, uh, and things that led us into today's action, uh, and so on so forth. So last video update that I did on this account last time I traded was at like 690 695 somewhere in that area. Um, and after today's action, um, we're up to 751. So we kind of got back a loss from the previous video that I did. All right. So about 750 here on the account. All right. So I did two main trades today. Um, and then I have a third trade on using the profit from today's action for a Lotto Play that could very well pay out. Um, add a nice chunk to the account. So we'll talk about that as well. So the first trade that I did was a put trade that lost and the second trade was a long trade that won. So we'll talk about both of those, um, and some other things. Okay, so the first thing I'm going to do is actually pull up. Uh, Trading View. So I've been using Trading View as of recently. I've always hated it because I've never been used to it. but as I'm getting a little more used to it, it's not. It's not bad, Of course it's a good platform, but just getting used to it's more or less the hurdle. Um, so really, the main reason I've been kind of using Trading View as of lately is because for the strategy and things I like to do in the market. uh, the trading view platform Works a little better in the sense that it's just quicker to apply the things that I need and the way that I need to do that. So in this video I'll walk you through kind of a couple things that I've been doing in the market. uh, things that I've been applying and then how I kind of shifted that bias and did the same thing I would do in the past today to get onto the trend today. So I guess today's video would be a good video to learn from because it will talk about how we were bearish. And then today was our shift point from bearish to bullish. Uh, we trade it up all right and then I also have a trade that was a bearish trade. kind of testing that idea that led me to bullish. So what we're going to do here is first kind of take us through this bearish move. look at some volume weighted average prices for this particular move. Um, and then we're going to look at this bullish move and talk about some View apps for this bullish move. All right. So at the foundation of it, whenever the 10 SMA goes below the 50, it's a bearish kind of sentiment and bearish move we expect. And when the blue 10 SMA gets over the red 50 SMA in a bullish move or an up move, then it's a bullish move, right? We're expecting a bullish move, right? So uh, let's talk about that. Let's get this all set up and then we'll run through that. So what I need to do is actually kind of zoom out here a little bit and get to the specific point that I want. So looking at my cursor see where the little cursor is on the right screen right now. Okay, you can see where that's at. Okay, but the charts are linked so you can see that cross hair on the left chart right. so you can see this is the 10 SMA right right there. And so when we're looking at a one minute chart, the 10 SMA broke like right there and that's where you get this big down drop. So if I were to zoom in a little bit more. Okay, so this big flush move on the top of this Market ultimately kick starts or happens as that 10 simple moving average is broken after we've had an extended run into resistance. This chart doesn't show the statistical probability resistance here, but that's what we hit to turn the market down and then the moving average gave up and there's your flush. So this snap moved down, drags and makes the 10 SMA go down and as the 10 gets below the 50, that is a bearish signal. Okay, so what I'll do is I will take vaps and anchor them to those specific points that lead to a specific event. So this is the event. A bearish event with that cross and then prior to that, there are a couple other events that need to happen for that to happen. So for this bearish cross to happen, we have to break the 10. SMA. So what I'm going to do is I'm going to Anchor a V-wap to this location. Okay, so we'll go. Let me go ahead and do this. So I'm going to Anchor this one to like this red candle there. not the one that drops down, but pretty much the one just prior to it. and I'm going to Anchor to the high. Whenever it's a down move, you anchor to the high of a candle and whenever it's an up move, you anchor to the low. Okay, so this is a bearish move, right? We had a bearish cross. so once we get the bearish cross, we can then anchor to the location of the 10 SMA break. And since it's a bearish move and it's a down move, we anchor to the top. So we anchor to the high okay of whatever candle is we're pinning on. Okay, so this is when the bearish cross actually happens one second here. So right there, that's when the bearish cross happens. So this V web that I showed you I anchored is not anchored until this line was crossed on that day. Or until that bears crossed. So until the 10 went below the 50 I'm not really doing an anchor okay, but once the 10 does cross the 50 down, then I will anchor to the 10. SMA And ultimately when I do that, the purple line then becomes my resistance I short into for the expected bearish Trend Because again, if this is a bearish cross and we expect the market to then Trend or trade bearish for at least some period of time whether short or more extended I would then assume that the lowest risk entry to that bearish Trend will be located somewhere around the volume weighted average price of that bearish Trend which is this purple line. So that purple line would be an entry for a short and then you get an overnight smack. Okay, then that purple line is still the location that you would generally look for a short entry. Okay, so anyways, we'll continue on. All right. So this day we Gap over the purple line. Okay, and we hit the red. Now I should explain the red when using the anchor. V Web: As you see on my screen here, there can be either the V-wap and an upper band and a lower band now. I can do with just the middle one, but three can be nice to have. But if you're specifically anchoring to this 10 SMA break after you get a bearish cross, you expect the purple line is your low risk entry short. and that is generally the main volume weighted price of the bearish trend. Okay, so you could think of this band from this start: Point As this is the V web, this red line would be the upper distribution of the bearish move. The green line would be the lower distribution of the bearish move. For those that know some bit about statistics, they'll make more sense. If not, it's okay. But ultimately in this bearish trend, that red line is the ultimate resistance that the market would must maintain below or else we are nearly going to flip bias, right? So that being said, you'll see, we get the Bearish cross. Purple is an entry, so it goes down okay. If you wait till the purple line, you have no entry, no entry. It doesn't tag it here. You may have taken something there if you're a Futures Trader But Ultimately, there's no tag of the purple. You wake up Market is gapped over the purple and into the red. Arguably, that's a short, but at the same time you could have waited for the purple to break and took your entry short. Once you get a retest of the purple, that's another trade. Okay, and then as we continue over, you will see we get over the purple line later in the day. So arguably you could have taken a short here and then lost and closed out. Okay because once it starts to get over the purple purple and Trend a bit, there's no point of being in because you can just wait for it to go back under like here and wait for your next retest or as we'll get to a bullish cross. So from the bearish cross, purple is a short entry. Purple's a short entry. There was no tag. You got up overnight. you're here. You wait for it to get below lower high off of you can take a short from here expecting the lower distribution. Okay, you will see we try to push up this day. we Gap below it. So realistically, that's a breakdown of the purple volume weighted average price. Where to the lower distribution. This would be a retest of the V web and then you can see you can take that short Target lower distribution. Okay, we go back up. Hit the purple. You can take a short Target essentially lower distribution, but at this point it was held as a bottom so you'd be better off looking for demand spots. But that's a discussion for another day. So ultimately the way that I see this in the way that I work with this is this is a bearish cross. So until the market is holding above this purple line. okay, I'm not really thinking bullish. Okay, so this would be a short entry. That would be a short entry. That would be a short entry. That would be a short entry. Okay, you wake up today and you're over the purple. There's no short entry here. There is none. You shouldn't really be sure unless you're going for like an upper dip. but anyways, you didn't even I Kind of goofed up here today. Okay, so you will see that when I pull up this chart here: I did one trade on a 394 put. So the reason I did the 394 put is because I pretty much live and die by the Strat at this point day and age right? So I don't try to deviate from it too much and even when I kind of think I might be wrong I will still kind of give the strategy. um um, its worth because then it makes me kind of follow it if that makes sense. So what I mean by that is today I took a 394 put. Now it was just just bad trade and and I'll talk about So today when I took that 394 put trade, it was pretty much at at the purple line right and and arguably I got set up and I was like it doesn't matter. Excuses, excuses. There's a couple things I could make up. It doesn't matter, right? Excuses are excuses. But Ultimately the reason I started to get take a little short here um was ultimately because I'm like oh well. we could very well do the same thing we did the other day, which is break it snap, get a flush and then a retest and we're back down into a bearish move And that's kind of like was my first thoughts. and the reason being is because I'm not bullish on the market until we get a bullish Cross or until the purple level holds. Okay, just like you saw here, right? Just because we got over it doesn't mean I'm bullish I would like to see a lower high sustain and let's work off of it so you can see. we break up and then it kind of hangs and then gap down next day. So it's like okay, this purple line is still valid today. we Gap up, we get over it and our retest of it snapped it and I'm like, you know what we might flush out. we haven't got a bullish cross yet. Okay, now basically right as I took that short okay, I didn't really look at my thinkorswim platform I hadn't even really looked at the 10 SMA and the 50 SMA This morning I pretty much got up, did a couple things, went to my rental property, logged onto my computer. I'm like, okay, I'll just trade my small account today, do a quick couple moves, and get to work All right. And so basically, at the time of doing this first trade on the 394, put I hadn't really checked TOS or anything like that or checked. Um, the system All right. So the reason I'm saying that is because when the market opened and we gapped up, the 10, SMA was pretty much hovering like directly on top of the 50. SMA. So at that point we've pretty much already gotten a bullish cross, it could fail. the market could whip down blah blah blah blah. But Ultimately, we had a bearish cross here. We had to move down and we've been higher lowing up ever since, ever since, ever since. Which therefore brings the 10 SMA ever closer to crossing the 50 and creating a new Buy Signal So today I wake up the Market's up here. it slams down I Take a short because again, at the time I didn't really look at too much and I go. well. we haven't had a bullish cross yet so we could just go below this and flush back out to lower distribution. I'm like, oh wait, let me take a peek at my uh systems and I go. Oh well. Actually, we're pretty close to getting a bullish cross. and also, if I were to bring up this chart here um, and add a couple things real quick, it'll also make more sense. So I'm going to go and do this really quickly. I'm hoping all my settings are where they need to be, but I'm pretty sure they are. Yep, Okay, so uh, this morning when I woke up and I took that first trade of 394 put I didn't really take a peek at TOS but if I had I would see that we're pretty much creating a bullish Cross or very close to and that we had broken over the half deviation and this is sort of a retest of that level. So if we're looking at statistics, you will see statistically speaking this is support support break of support resistance back over. That's a dip trying to hold the statistical probability. uh, support bounce back under Etc Hold below, Hold below, Hold below. Break over This morning, that's a retest of it. So at the same time statistical probabilities were looking for a retest of this level for a move up was the same point at which we were pretty much getting a bullish cross and the market had broken over the volume weighted bearish price. So the purple lines of volume weighted bearish price we had broke over that and we're pulling back to it. So theoretically that's a retest of the purple line right? and we're basically getting a bullish cross and you can see that what was being used as statistical probability resistance from the day prior off the half deviation, we were no longer below. We were pulling back to it, more of a re-test sort of uh play for a long move. So basically I took that 394 put without looking at too much data for the day and analyzing a lot, but also kind of same time going for the same move that we had the previous uh day, which arguably the same move usually doesn't happen like if you've seen it happen, here's probably not going to happen here. So anyways, uh, that one was a quick like 19 loss. Cool, All right, moving forward. So now that we've talked about the past, right? So this is what we've been working off of for the past, right? and the past. Bearish Cross was here. So from this vertical line, the purple lines the bearish volume weighted average price. The red line on top is the upper distribution of the bearish volume weighted average price and a better way of saying that is kind of like this is the norm. This is the extreme and this is the extreme of that bearish Trend uh, to a degree. Okay, so you would know that if you broke over this red level today that you would be breaking out of or breaking over the volume weighted bearish sort of extreme or a Line in the Sand Okay, simultaneously, if you looked at this all right and you're breaking over the purple today like I saw, um, you would know that the momentum has slightly flipped uh to the bull side. And unless the market breaks down this purple line and sustains below, then you're really not going to see a bearish move at the same time after I Took my first dummy trade and then look and go. Yeah, I'm an idiot, right? I should be going on the long side. I Looked and saw the system was pretty much creating a bullish cross though it didn't truly give a Buy Signal until this big green candle. So this ties into the concept that moving average cross is a moving average. Crosses are delayed and you miss the move to a degree. That is true in the sense that you usually have to have some sort of move in the direction. Um, you know to create that cross, whether positively or negatively. So you need some sort of move in that direction. Which means if you wait for the cross, then you're going to miss a portion of the move. Okay, so today I had, um, basically repeated this process. Okay, so what I'm going to do is I'm going to take this one off for now and then we'll add it later after we go through the current one. So once I woke up, did the dummy trade and then like oh yeah I should probably be going bullish here I had chosen to Anchor a V-wap before the bullish cross. In the anticipation we would get one and simultaneously trying to look at what the earliest traders who are trying to create the cross might be doing. So if we backtrack a second, we have covered. If you wait for a cross to happen, you might miss a portion of the move. This was not me trying to capture the beginning portion of the move. This was me saying I think we're going to get a bullish cross today and if we're going to get it, there's already a portion of money that's been flowing into the market that's been trying to create that event. So what I'm going to do is I'm going to try to find the volume weighted average price of the most recent important volume that could be trying to participate in the market to create the bullish cross. So that all just means how early can I find this trend before everyone else? Maybe All right. So pretty much what I did was look at this and go okay. if we're going to get a bullish cross today, the process is always the same I need to Anchor the V web to the 10 SMA break from the previous day or arguably like the retest of it. Okay, so you can play around with that. So by doing so, this is what's going to happen if I anchor the V web to the location of the 10 SMA break the previous day. That leads to this move. It would look like this: I'm right there right about there. So I'm going to Anchor It Basically to the low price here. So remember, it's a bullish move. so now we're going to Anchor to the low. All right, that's what it's going to come up with now. Um I actually I Posted a five minute chart earlier on Twitter So this looks a little bit different if you're looking on Twitter and I'm not going to go over all that. but I posted a five minute chart. That's why the level is kind of slightly different. Okay, so this here is the break of the 10. SMA and this is the volume weighted anchor trend of that break. Okay, as always, we're always looking for a dip into the purple for basically a long move. Now remember this is being very early trying. you know, being very early we haven't even gotten the cross because remember, the cross happens right here. Oh sorry, the cross happens. Um, what am I doing right there? So this is when the cross really happens when it's into this candle. So pretty much if I mark it perfectly on the chart, it's going to be not right there because I deleted that. sorry, yeah. if I mark it directly on the chart, it's going to be like right there. Okay, so that's where that's where it's saying it happened. but in reality it really happened like right here on the chart. Like, more like right through this move. Like that's really where the cross happened. You missed the whole up move and that's where it's happening. Okay, so what I had done to get in on this trend a little earlier? Um, was pretty much this. I had anchored the V-wap as you have already seen. Okay, and basically there's part of the strategy that says you can buy off this red line. That's part of it all right. The other thing I did was I said okay, where was the break of the 50 SMA So we broke the 50 here, but then we broke back under it and we broke back over it. So ultimately I wouldn't anchor the V web to the break of the 50 SMA here since we invalidated that break like right there. So I'm going to take the most recent upswing through that V uh that that 50 which is right there like 394.50 so you can see it's like right there. So then the next thing I'm going to do is I'm also going to Anchor a V-wap pretty much like right here. Okay, and then that is going to give me the 50 SMA trend V-wap And as we said, the dip buy is ultimately on the purple line. That's going to be a low risk dip buy. So what? I'm showing you right now and I can take I Can take the Reds off for right now and it might make it even like easier for everyone just to see um, style take this one off. take this one off hit. Okay, okay and I can go to here and I'm gonna take this one off and I hope you guys are enjoying this I know like my videos can be long at times and I go into so much detail in one video but like I really don't know how else to explain this stuff. you know without doing all of this and showing it you know I I could just sit here like oh, bullish but then I'm just a jackass because I don't show you anything you know it's like oh, whatever. So I hope you guys enjoy it right? So what you're seeing right now are solely volume weighted average prices. By removing the upper and the lower, you're just now looking at solely volume weighted average price of a specific point. Okay, so by anchoring a V-wap and this, it doesn't display correctly here because this is a a five minute or a 30 minute Charter But just just know that it's I'm doing this properly. Okay, so here we've anchored to the 10 SMA break and here we've anchored to the 50 SMA break. Okay, and the rule is what to buy into the purple. Okay, but ultimately that rule is for after we get a bearish cross. So this dip by into the purple is theoretically the rule after the cross. I had suspected we were going to get one. so I already anchored the V webs to the tennisame break and the 50 SMA break that have to happen in order to create a bullish cross. So two things happened yesterday. we broke the 10 and then after hours broke to 50. the two things that have to happen first before getting a new Buy Signal into the market. So clearly there's already volume participating in the market. To the upside, and since we were so close to creating a cross in the first place I said well, if we're probably going to create a cross, let me try to participate in the volume that is trying to create the cross right as opposed to being the volume that comes in after the cross. So I know and you know because he watches video that if you're gonna get a Buy Signal or a sell signal based off of the 1050 SMA system here on this left screen, you know that two things have to happen: the break of the 10 and the break of the 50 in the upwards direction for a bullish cross. Before that happens and in the bearish direction, you needed a break of the 10 and a break of the 50 in a bearish manner to create a bearish cross. So it's the volume that participates in the market from the 10 and the 50 break that ultimately create that cross. Okay, so if we're going to create a bullish cross, there's volume that's already making that move happen before the cross. So today I just assumed we would get one and I said it's going to happen and since I thought it was going to happen I decided to Anchor the V-waps and start my V-waps early to participate in the volume that was attempting to create the Buy Signal and then if we got the Buy Signal I would then maybe take another trade which we'll talk about all right. So these are just the view apps of the specific 1050 SMA breaks and these give me volume weighted average prices that I buy into for the new bullish trend. All right. So today when we look at um, where are they right here All right. So when you look at this trade here, didn't hold it for forever now I can tell you right now if I had maybe four contracts, I probably would have left a runner today. but since I took that first trade and it was a loss that used some capital and then the next one, you know that took some capital and then I wanted to save a little bit just in case I want to do something later. So arguably Um in other instances I would have probably hold on one second, probably left a runner in this case because we got a Buy Signal today. but since a smaller account um and liquidity uh in the account is kind of has to be preserved in certain ways didn't hold a runner. So ultimately I took the loss here by doing a 394 put. So looking at this chart, I pretty much bought a put and then got cooked right. and so at this point when you see when I'm getting Long Dollar 30, so 250 and then sell 156 there and take them all off. Um, you will see that those entries for the long side Excuse me. Those entries on the long side were pretty much right into that purple bottom. right right into that V-wat And so my rule for that trade is um, is that pretty much this trade you target back to the previous highs always. you'd always just Target back to previous size cut, some, leave it Runner And so I pretty much waited for this big spike candle. We got up there and I closed mine because we were pretty close to demand. and yada Yada right? You guys know the story so that's what gets the count back up to like 750.. All right. So we've created a bullish cross today. The V-waps that you're seeing right now were the earliest potential dip by V-waps to create the new bullish trend. All right. So now that, um, excuse me, I was gonna say yeah, uh, now that we've done that, there's one other thing I Want to do. Uh, yes. So now that we've created this bullish cross and the market is moving up, okay, there is something else that we could do. All right. So you see how the market hits the purple and we go up. Cool, All right. So that is the bullish dip by bounce. All right. And it was right here that the market created the actual cross. Right right about there. All right. So the next thing that we can do say we missed this dip Buy but the momentum looks good. Where should we add, where's a good ad spot for maybe the trend continuation on. So the next thing that I will do is if we get a bullish cross and the markets already hit the purple line for the low risk entry and the market is ripped up. I will either wait for another dip to this purple line. but if the momentum is strong and I think the momentum can be strong and even if I don't think it's strong or whatever, I can already anchor a V-wap to the location at which the market respected our V web. Now this is going to give me a new volume weighted average price for the new volume participating on this V web. So as The Story Goes we had a break of the 10 and the 50. those are two important things to happen for a bullish cross to happen and the 10 and the 50 break that leads to a bullish cross are going to be our low risk dip by levels and in the event the market does not retrace back to those low risk dip buy levels for us to give us another entry because the market is so strong. We then want to figure out what is the volume weighted average price of the volume that is pushing this market up so strongly and that's generally going to come from the retest or this V-wap test. So these are our view apps that we want to trade off of. We got a bullish cross the Market's ripping. We're not getting tests. what are we going to do? We're going to Anchor a V-wap to the low. So arguably the red candle or this green candle will probably work because they're so similar. But we're now going to Anchor a V-wap here. All right. Oh, one second. I'm going to Anchor review up here and ultimately what are you going to look for? You're going to look for the dip. Buy off the purple. Okay, so by anchoring a V-wap like that on these low candles are pretty much right at the spot at which we go into here. you can ultimately see this becomes the Dip by level. Now, we don't tag it perfectly here and I could make it perfect and you can play around with them to get them more perfect. Um, but ultimately it's as simple as we're kind of just anchoring to the location of this V web level. Now if you wanted to get more detailed I Know how we can probably make it work so you can see how this bottom comes in, but we don't really shift momentum off this view app till this candle. So if we were to move it to like this candle or even the next one up, we'll probably get closer to the yeah see or like this candle. Retest the split demand after the pop-up If you go to this guy, it'll probably be dead nut on it, right? So the more you play around with it, the more detailed it can get. But Ultimately, that would now be your intraday dip by level for Trend continuation up in the immediate and this would be your ultimate dip by level for just in general because you got the bullish cross here. So this is always our dip by level until it fails. But if that's not the Market's not coming to that level, it's because it's too strong. The Market's too strong. it doesn't want to retrace. at least right? not not yet. So from there you must then go. Okay, well if the Market's so strong and it's not blah blah blah blah, what is why? is that the case? Because people are pushing it up and people are buying up and so the next thing you do is Anchor a V-wap to the low point or kind of a specific ideal point in here off this view app location to give your next one up. and honestly, if we put Smas and stuff on here, this is probably like the intraday 910 SMA break. So the same way we're doing it on a larger scale I Bet if we put like a 10 SMA on this chart, the breakup of that would have been like right in this location but not below. So arguably I might have just learned something new today. Probably gonna start implementing that now so that would be your immediate Trend V web continuation trade is off this guy. um and so so yeah that? that's that all right And um yeah. so so ultimately this is your immediate Trend dip by level. Um, this is your 50 SMA dip by level and this would be like you're a Line in the Sand level to a degree. Um so that's that. That's how we kind of flip bias today. took the trades where we wanted to take the trades um and then the last thing I did was put on like um where is it at is it yeah this Lotto trade here um so I also put on this Lotto trade which is eight contracts for the I'm trading what am I Trading so November 25th, um 410 call on the Spy So what I did today was Trade It Up made some money and go Okay well we got a bullish cross and I got like 65 bucks profit and I'm like well I could take a little bit of that and just throw it on a YOLO play. That could very well happen. Um and even if it goes to nothing, it's not going to even ruin the green trade I had today and I just basically am back at 700 Anyways, Um so we got a new Buy Signal onto the market and I'm kind of thinking the market might do something crazy and go to this 410 dollar price within the next couple days and even if it doesn't say it just goes up to like 403.
I'm still gonna make money on that trade and I can close whenever I want? Um, so now what we're looking at right? So now that we got the bullish cross in the market, you can see there's the bullish cross and pretty much these purple lines going up. um are dip by levels for that Trend Um, those are the volume weighted average bullish Trend prices right now until stated otherwise. So we're trading up all right and we'll continue trading up until the market gives us a sell signal until you come onto YouTube and you see my channel go. It kind of just kind of said flip bearish right? So um, so we had pretty much been bearish since this day here. Since right here. This is when we've been bearish the market and today right here is when we flip long bias the market bearish and today were long bias. Okay, you see how that works. This was our sell signal here. This was our Buy Signal here. Okay, so now we're long biased the market. and if you guys go to my Twitter page which if you aren't following me there, my Twitter page is capital B R T then lowercase targets. so it's Brt targets. Um, if you guys go there and follow me pretty much, you will kind of see the ebb and flow of what I was talking about today. Instead, once we get over, like the 398 volume will pick up whatever push and and then we should just basically expect the market will go to 400 to 402.. Now the reason we're saying that is because this is where the statistical probabilities are. As I was talking about earlier in the video, there were statistical probabilities. It created selling pressure here to break the 10. SMA these were them. So there's a lot of selling pressure that came in at the plus one standard deviation yearly Trend which is normal. Now, if we get through this level, it's going to cause a boner rip, right? And if we get through that level, we're arguably going back up to fill the Gap fill in the market which is right here at 40408 so not 410. My bad. Yeah, it's like 408, almost 409.. So arguably That Could Happen By tomorrow, we could have an explosive breakout day over the plus One standard deviation tomorrow. But ultimately, that's kind of where we're going for in this market. Currently is. Back to that 408 410 level. And when you look at these charts here, um, your dip by levels again, it's really not this first one. Remember this first one is for like immediate Trend continuation, right? So that so that kind of happened. Um, you know, and really, we could do another one because right once you dip into this level and people suck it up, then there's a new V-wap off this one so we could arguably we hit it and then we come back down. Retest: it's arguably here would probably be pretty decent. So then that would be kind of like a new V-wap trend right there. and still, that one's I Guess really, it's not the best, all right. So if we popped up, we kind of broke demand and then we pipped up split. I mean even this one? This will give us like perfect levels, but that's what I'm saying. Some of it's subjective to a degree, but it's more or less just making sure you pick specific important um, spots in the market to Anchor to so like that you can get a new V web trend. Um, but in a nutshell, the the easiest go-to way is just like okay I'm gonna anchor to the V-wap that was tested because that was important volume and that's what it kind of comes out like. Okay, all right. Um, so right now, these two levels are our pretty much our hard line support. We don't want the market to go below that. Obviously, if we're going below that, then the Longs are probably failing. Okay, so right now, um so right now we're just we're pretty much in an uptrend. Uh, right now the 10 SMA is located at 398. So your 10 SMA is your short-term support which is currently located about the same price as our V web and something you could continue to look at prior to that would be this one here. Using this one which is priced at 398.55 Um, and that's pretty much I guess all I have for you guys tonight. All right guys, take care and have a good one.

By Stock Chat

where the coffee is hot and so is the chat

6 thoughts on “25k challenge market analysis”
  1. Avataaar/Circle Created with python_avatars eaj81 says:

    Wow! Great Video as always!

  2. Avataaar/Circle Created with python_avatars Neil Usher says:

    Screw these simpletons, it's their loss. stay nerdy and detailed connor.

  3. Avataaar/Circle Created with python_avatars Michelle Z. says:

    Bro, what is this? Can you make video analysis on your video market analysis 🧐

  4. Avataaar/Circle Created with python_avatars Rambling Fool says:

    it looks like you're pointing at the sky and doing astrology.

  5. Avataaar/Circle Created with python_avatars Jonathan Moore says:

    Awesome as always Connor. Thanks for your time and efforts good sir!

  6. Avataaar/Circle Created with python_avatars Winston Reinhardt says:

    million dollars worth of game

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