Good morning, guys, okay, good morning good morning, happy uh, happy monday, happy monday um. So let me get my screen kind of organized the right way, but hopefully everybody had uh had a good weekend and um. Hopefully we get a good week in the market. That would be nice, i mean i'm sure it'll be just dandy.

This week come on. You can do it there you go there, you go little guy hold on. That should be good. Usually that scan doesn't populate too much.

So i think we'll be all right. Let me make this a little bigger. That's i like that. Better, that's good! All! Right! Good morning, good morning, good morning, uh drew so uh.

Right now it looks like people are going to try and gravitate to stay-at-home stocks. So that's probably going to be some of our main follows either today, tomorrow, yeah as long as mainstream media is programming, the idea of potential lockdowns, then that's where the theme play could be so yeah as long as again as long as uh. You know the people that control that programming screen want uh to talk about lockdown ideas. We will continue.

You know playing that theme so um right now, peloton is a main watch for me. Zoom um was already a main watch. We discussed it. I think we even maybe talked about it a little bit here last week.

Maybe not, it might have been what i think it was actually when i was just researching myself, but i talked about it over the weekend a little bit. I think there was some news at schools in new york were going to lock down again, so the market is getting everything uh. You know, in my opinion, that it probably won't so um so yeah. You know to your question.

Probably your stay-at-home plays can be areas of momentum as of right. This now yeah um. Let me make sure i don't forget something here, i'm just like just out of curiosity, let's see, hmm that doesn't seem so likely yeah but anyways. Yes, so zoom is one that we're following um.

Let me put it on a five-day: five-minute chart, that's a little better, so pretty much. To put it simply like you know, well, what's the average range of this 11.77? So, let's see yeah, maybe um. So if it runs to our max target right now in the day which is um, it would be impressive, but you know who's to say that it can't so our max target right now i don't want to say yeah, i mean it's it's about 222, 221 or 220 yeah it's about 222-ish 221-ish. That would be the max long target on the day um.

So so pretty much as long as market stays over this we can be optimistic on the trend being up and maybe to this price target today or say tomorrow. Maybe it's three days whatever, but if you're looking for immediate momentum and what have you it's, it's pretty much about staying over 206.45 right now, you know you can very well even dip below that and then get sucked back up above it above it above it later. In the day and then go in a run, so you know it's it's more or less. For me, zoom today is um bullish over not even bearish under just not bullish for the time being of below so yeah.

I don't really consider zoom to be bearish below this. You could probably see a bearish move but um, i think, based on the charting setup, where we're coming from how we've been trading past two days, the narrative in the market, even if we're below that i probably wouldn't trade it bearishly. So to me it's a dip. Buy scenario targets pod split, pog, 222's um, as long as it maintains that 206 45 immediately then you'd be all right and that's why you're kind of seeing you know well, that's why you saw it break out there right so overnight.

This was our long target. I mentioned on twitter, it's like 205, almost and then by today the level ended up jumping to about 206.67 or something - or i just happened to do it wrong the first time whatever it might have been, but anyways 2067. So you can see that's why the pre-market high initially was there right. Market opens up tags, a level pulls back.

We create a bull flag, all right cup and handle formation bull, flag, pennant breakout ends up being the dotted line, pull back to re-test breakout, almost a dotted line. Arguably so, as long as you stay over this you'd maintain that flag breakout for one and then two you would just be maintaining over long-term trend. That does in fact exist. So that's kind of the idea right now in the short term or in the immediate, for a zoom all right over to pt on so pton uh.

That kind of got clapped a little bit there uh interesting another big deal, um so yeah. I think, arguably this might end up having uh some movement today. It just depends on how they how this narrative gets treated so um yeah. Let me just look over here all right, so pton uh.

Obviously it's been down. Trending uh the level i'm gon na put on right now ends up being the bottom from, like you know like a day ago or something um and then we'll zoom in look at a five day, one minute um, arguably kind of gross looking but yeah. Let's do a five day, five minute: let's, let's keep switching that up to a 10 day that night five minutes, that's better, yeah! Okay! So if you look at a ten day, five minute um, you know you'll see the bottom ends up being right. There, basically just off our trend.

So again it falls down. Hits tron bounce hits trend, bounce bounce, all right. So then you bounce and you perform sort of like a flag there. You could argue, i don't i don't really.

You know, if you see it, maybe you call it one um, but you know at the end of the day, it's really just an inverse head and shoulders pattern from, like you know, basically, here to like there down up hold, which arguably is like a flag and Then you break the neckline okay, so you break the neckline, go up and now you're at previous price resistance. Now your previous price resistance to me, bigger resistance, is really 4611, which is the weekly so and you can see the weekly lines up with this big cell off top. Almost you see that top almost right there. So to me this really isn't even resistance, anymore um.

It's just a you know: momentary pause in the stock. You know, in my opinion, um so we'll see but um. I think all said and done going through, that previous top markets can stretch towards 46 11 on pton. So, whether or not that happens today, it's tomorrow, it doesn't even happen at all.

Again, it doesn't really matter, but that to me is the setup and the situation that i would be watching on peloton. So as long as mainstream media wants to continue programming um, it's public with lockdown ideas and this and that then you know i would assume the stay-at-home play kind of narrative can can perform decent in the market. So yeah that's kind of what i would would consider there on zoom and pton. Merry christmas, merry christmas to you, justin um.

So if i looks ready to move, i was looking at sofi last night a little bit. I looked at a lot i mean i looked at. I looked at stocks all weekend from friday saturday sunday i looked at all sorts of stuff, so uh cnf will rip the green day as well. Awesome yeah.

I was looking at cnf or canf just a little tickle ago, um so yeah i mean your canf is getting into the slightly overbought location um, you know. So if you picked it up, you know obviously down here right. You can see we ran up, hit resistance, pulled back and then we broke that level broke this low. I mean if you picked it up in here.

It's a great great idea. If you picked it up off this dip awesome if you're buying this breakout here, not so much um, but you know anyways, i would be you know, i'm always surprised to see them break the ford dev. They do happen to do that from time to time, but ideally i would probably be be looking for some sort of, and i don't really know the story with this right now, but i wouldn't be surprised if you get some selling action pretty much right right into There, so that's what i would be watching for right now is selling action into here for the time being, if it breaks over right, if you go through all of that, then i would be looking for the pull back down to those levels. To then support it to suggest a move higher.

Otherwise, if you don't hold it, we could perform lower highs and then you top the market there and it ends up looking something like that: anyways, that's, a that's a long story to talk about and hasn't even come to fruition at all. So um just know that you are probably gon na see. Probably you should see a little bit of selling there. Let's see, i mean it's a great trend so far, so it's probably gon na.

In my opinion, you have a better chance of getting through in that regard, but you know you should just be basically expecting a pullback is gon na happen right at about 265 and there's a level right here, and it could be different. If i look at the four hour well, we broke the four all right and we'll kind of get that there yeah. So i mean that's not much, but you can see we smidged pull back held over pushed up but yeah i could see. Maybe this move getting a little iffy right at about 260 for a second but anyways yeah, good move so far.

Nonetheless, okay, it's just the beginning 2022 will be rough um. I would not be one to disagree. Um. Sarah did you see amc hit our level spot on friday, yeah by the end of the day, all said and done.

Um the level hit 30 70, which was basically our level um. Also just an fyi 3018 is the first long target of amc. Today i hadn't really discussed it with anyone or talked about it with anyone. It's just another stock, but that level 3023 is and was always your first long potential target for today that the market would try and target on the long side so anyways.

This is expected. There's nothing about this move that is too confusing um. So really this is actually my level's off. Let me redo it.

It's actually right here, that's the level they they move a little bit. You know so that's really the level right there, so you're you're at resistance on on amc. So if amc is meant to go higher, you will clear this at some point, but for now um you know the market did break down right. You were uptrending up, trending up, trending right and you even had like an uptrend line.

If you want to do something like this or whatever right or if you want to just do horizontal support, like that, you know you're up trending and then you gap down below that. So you theoretically broke down right. This is going back up reclaiming some of those levels, restarting some short term up trends, and then the main goal would be to get over 29.78 in holding, and then you could see maybe some additional movement there um. The only problem i have with amc is that i myself, i think, i'm struggling to find.

No, i'm not okay, so it's right there, all right, so yeah i mean so you're right here. If you break this out, your next target would basically be the previous. I today, but slightly higher towards 31 42s um 3114s ish, and then only if you can surpass the weekly plus one deviation here with significant buy volume. Would you then start looking even higher um so for today? I think your first goal on amc that you look for if you're going to try to keep pushing the market.

Long bias is one you have to get over 29.80 two, you have to hold over it and that's really it and then after you do all that you could start looking towards maybe 30 140s um, and if you want to you, know, continue talking, then you look For buying volume through the 3140s, okay um now something it's kind of hard, because you know you don't really know you know, i mean amc and gamestop they kind of move similar. But you know amc is kind of moving on its own juice. This morning, talking about like record high numbers of people coming to the ant amc, theater sells more than 7 million tickets for show times thursday through sunday, globally sets its post reopening attendance record um. Then again again, if you read it, amc theater sells more than 7 million tickets for show times thursday through sunday, globally sets its post post reopening single day attendance record.

To me, that's not sets its record ever right. That's not the most people coming. That amc has seen ever right, so that means that theoretically, in my opinion, they're still not as good as what they used to be in terms of numbers and people coming in. So that's good in terms of the world right now, but again long term are those numbers going to be better than what they were when amc was at its best, so i would just treat it as short-term palm news.

You need a plan for 2022.. I mean i have a plan. I have a plan for 2022.. I definitely have a plan um, it's gon na start with you know, probably reading any article that tries to tell me that inflation is actually good for me, yeah yeah.

I love those articles yeah. Those are the best. So that's my plan for 2022. I will read all articles pertaining to the narrative that inflation is good for me, yeah, that's how i'm gon na make it through yeah totally and i'm really gon na risk.

I'm really going to listen to the ones. No, that's that's yeah. Inflation is good for me, inflation's good for you, it's the greatest thing ever so yeah, because i totally remember like when i was in like fifth grade and like sixth grade, maybe even eighth grade. I don't even you know who knows, but i do remember, reading those those like economic books, you know - and i i specifically remember you know the section on inflation and hyperinflation and how back then.

It was specifically taught to me that this was like the worst thing that was terrible. You never wanted to do this and in the books it would specifically you know actually in the united states here when we read these history books, you know it it at the time as a kid you probably didn't really think about it, but the history books were Basically, on all other countries that ever had inflation and screwed up their currencies because their governments were foolish and printed money into a. I mean that's what i remember reading i remember reading that a government that did that was reckless and bad and that's a bad thing to do, but we're doing it and i'm also reading articles now that are trying to tell me it's good for me. So i'm just really confused on what sort of history i was being taught.

Was that being taught incorrectly, so you know i'm just confused. I don't know guys my whole life's the narrative and everything i was taught seems like incorrect. I don't know so anyways here we are um and apparently inflation is good for you all right, so we're going to move over to spy we're going to move over to the cues all right. So, let's start here: okay, um, so uh the way it sits with uh we'll start with the spine.

The way it sits with the spy. Oh also, do you see um? So let me let me delete this level all right, so you guys know these little wicks. Here right, you see those puppies, those are those wicks. You don't participate in um.

You know, i couldn't tell you exactly who's doing the dealings, how it goes through. Why this that and the other, but you know that you're not allowed to participate on them, and you know they do this. They do that they do one thing or the other, and you know what exactly they mean. You could probably bash your head on a million different reasons.

Why? But one thing i do know is that every single time we get one of these ghost wicks for the most part, they almost line up identically with our um. What i yeah, i mean they almost line up identical with our our levels. So now that you know that i'm going to add the four hour level now you could just say: oh he's, just adding it to make it look like it's there and true. But here it is right, that's already on the chart for our chart.

It's not here! So let's just go ahead and add it and then we're going to add that guy right there edit that and make it a dotted line. Okay, we're going gon na move this guy back over there um and you can see dink now this one went over true. So how much truth is there to my statement and you can hold me accountable if you want um, but there you go dink, there's another one um, so i don't really use those as a means of telling me direction. I just use those as a means to go yeah.

It makes sense that they went perfectly to that level, so um. What we're seeing right now is a is pretty much a higher low on the market. We do have statistical levels just above here right. We have the weekly and we have the four hour level.

So if you think about it, this is a market breaking down all right, so we had a break out to the downside and if we go back up to you know here pretty much anywhere from here to here that zone right if we go anywhere to there, It's totally normal. That would just, in my opinion, be the markets going back up to retest the breakdown which they could arguably get above and maybe be more bullish for the day. So for now, i think regarding the spy and uh, maybe even the queues i got to get back there and take a look. We will probably just watch the markets long by us to start the day.

Yeah so probably just watch the markets long by us to start the day um and it's not that we're trying to be epically long, biased we're just you know we're just thinking that maybe the markets got a little ahead of themselves on the downside today and uh, We just we just want to see if the markets truly want to be down or not, and one way of doing that would be to retest the breakdown levels. So if we can go up re-test the breakdown levels, i'd be pretty happy that keeps the market from. Basically, falling apart, and it also gives us another opportunity to consider - is the market really want to be down okay, um? So everything to me is a counter trend, long to a potential reverse into a short and if we look at the qs um, so that's a spy, oh also down target. So again, let's say: markets fall apart down targets here.

First, one 448, 58 spy qq. So again, this is failing to get over the weekly, so this is also it's very important to look at this, because this can tell a different story. We know a lot of those tech stocks be heavy. So the way i see it again is you broke the weekly.

You know that's kind of why you support her. It doesn't matter so you broke down the weekly unless the queues are getting back over the weekly of 380 83. We're going to consider them. Consider the market to be in a downtrend, so you know we're still watching it long bias see if it gets back over here, but if it does and it starts to fall apart then yeah we might arguably just be trading and trending down to 374.67.

To start this day on the qs um, we will only look further on the queues. If we're down below this holding below that uh, we will only consider maybe a swing, long, sort of event situation. If we were here's the deal, if you're going to be swing long, anything you must be maintaining over a statistical deviation today on the up. If you're not there's, nothing swing long, in my opinion, so everything i'm referencing long is just intraday long to test to see.

If we can get above some of these levels and if we can markets don't want it, then obviously we're just going to stay down to pretty much our down level. So high probability level on the downside to me today: qqq 374.45. So if we traded 374 45 and that ends up being the bottom on the queues a day, that should be the hottest put chain by the end of the day. If we broke down, went for a 1200 point, move on the queues down to 366.97, then obviously, 366 97s would probably end up being some of the hottest put chains as well um.

So it's my belief again. Markets go down counter trend balances, maybe get sold into blah blah blah, but you know my first target's down for spies and q's. I think they're about six four five hundred points. So, let's see that's about 500 points down the average true range of the spy is about um.

Was it 650 right now? So you know if so again, if we that's totally in the realm of possibilities, right markets can drop markets. Average true range right now. 650. First, down target from the open if opened right here is only six, so that's in the realm of possibilities.

1.3 decrease. Okay. I think i think i've said enough. All right, c-a-n-f look at where cnnf is uh selling down.

Remember. We said that blue line and up into here will probably start getting some selling. You can see it popped up and then look it. It dropped below so you broke down.

So this is a very minuscule trade. So you broke down the four hour. So you're down broke down back to retest right. This is the same thing.

This is on a one minute, chart a little different c, a f, so you're, seeing the same breakdown scenario on canf as you are on the qs from last night. Right so like how the cues broke this and just went back to there, it's the same thing. It's just a bigger scale. Same thing happened on the spy last night.

You can see the spy, um or sorry forward. Slash es would be a better representation, so you can see it's like right. Here. Same thing, market broke, the weekly came back to the weekly's retest and down right, or even here, retests and down, or even this one right.

They broke down the four hour hit. The weekly bounce back to the four hour, can't get above the four hour back down to the weekly break, the weekly retest weekly down you get it so ca. Nf is just a very small scale of that on a one-minute chart, and that would be okay. Markets broke over the four-hour trend, that's kind of high and they couldn't sustain.

They go back under breakdown retest, you could go short and obviously, if it stops fading out, then you're going to be the one that covers and causes the market to pop. And if it goes out, then obviously you'll stop out longs and you profit but yadda yadda, and then you know if you're looking if you're in this short you're like oh where's, it gon na, go, you know. Theoretically, you don't have. You know true support.

In my opinion, until about 2 2 226. anyways, you guys get it dude, stop computer work, stop getting a lot of whack. Thank you. Um tesla, i mean tesla's on a pretty nasty level.

Um there's a few things on some pretty bad levels. So it looks like zoom kind of rolling over a little bit today, starting the day with the rollovers all but interesting pop on a roku. Oh my tesla's kind of kind of staying down right now, a little bit. Sorry dude! Stop! Thank you all right! Adding some puts to the market um, so i'm gon na add some just a few kind of yolo plays for the day, see if the markets do actually run to our ultimate bear target.

So added a couple of those are cheap, so those were 4. 48's. 448 puts would be a very, very bearish day and still looking to trade up on the day, potentially to 457s or 456s. Maybe that's another way of saying it.

Um all right. Let's see all right we're starting to get some good bounces on like tesla things like that, so might be watching this market up towards maybe even 456.. So there goes the queues right. Queues are kind of squeezing up a little bit they're getting closer to their price targets um.

Well, i'm reading data reading data laughing at canadians all right, so a little market pop, nothing too crazy. Okay! So there's that let's go over here, okay, so we haven't gotten. Okay, okay, let me see very interesting, 454. Okay, sorry! I was just kind of reading some stuff, all right so market, starting to spike up there on the cues.

The queues are just now getting sort of towards their first level of you know, possible resistance, but also more or less their first, like long target there on the day. So i think it's pretty important to see whether or whether or not the um the queues can actually get up and over say, 381.59. To me, that's kind of an important thing to see the markets do okay, so market's starting to go a little bit, not really not too much so the the plays that i took for the spy again they're down big um, which is okay. All right, like i said, that's to me, we might have had to do a counter trend long first before actually maybe coming down.

So you can see the cues just got to sort of their first level, and now the markets are kind of rolling down right. You can see the queues at their first level smackdown. Now the spy is starting to rip down a little bit so there it goes bam all right. So we'll see you know we're only it's 9 40.

So we're 10 minutes into the day. Now the puts are coming in all right, so we went from you know down more than my stop should have been, but it's a good thing. I really just took a small position, a starter, so i'm like yeah. It doesn't really matter if they even get blown out for now, all right, so the play is up about 10 now, not too bad um.

So yeah we'll we'll still sit on those um. Okay, you see um yeah so far like pton zoom, not really not really doing all that much for the time being i mean you know it's like i said we still have a lot of. You know a lot of stuff down there to actually go through for the market. It's we're only 13 minutes into the day.

For the time being so and we'll see um yep, i am uh. If i went into a spy short bend into, one hasn't worked the greatest so far, but yeah i've been in one and arguably may or may not work here right away because you're starting to get a little. You know like right now, tesla's, finally coming back up and over i'm gon na, say it's getting up and over the weeklies right now, a little bit ooh and video's having a great move today, a lot of stuff coming back up, so markets might be trying to Reverse into the 456's, still that's still our long kind of watch for right now. What time is it? 9? 44.? Now it's still about that 10 o'clock time.

Why don't ever look at vixx um? It's not that you know what you're right! I don't it's just something! I kind of always forget in the back of my mind, on a day to day, but oh i don't want to connect that on the link and at the same well, also because the levels are probably going to be pretty much the same. At the end of the day, to a degree, let me put this yeah we might as well. I don't see they're the same, but it's similar do all right, so market shifting back down again um uh. If you look at amc, amc uh went up, you know, kind of into our price targets and then got hit down again just an fyi.

I was just say looking at nvidia and some of those bigger names are kind of coming up into maybe some resistance there. A little bit closer to um do. Thank you, dude! Stop! I hate when it does that it's like stop getting offline. Thank you all right mark it kind of moving back down a little bit again ridiculous, all right, so i'm adding some 452 puts to the market.

On the spy scalp, some of those puts still holding some the original play is just now getting into the green. So original put play of 448s are about 12 percent green now 8. You know kind of just fluctuating there. If the vix can get through 2636, then it will really.

It would really play well. Nice sopa's still doing good. So this is the current p. L of the trades run one put there at the 52s and six puts on the 448s.

That's more of an intraday yellow sort of situation, uh amc starting to roll over after it popped up into the weekly. As we discussed this morning, pre-market uh added some uh qqq puts to 303.76. So add some 376 qqq puts this is the current p l just kind of flopping around some there closed my 452 put just because it was a good trade still holding on to uh some of those longer dated ones, they're not longer dated sorry, uh 448. Still still holding some qqq puts it's not really working, but you know yeah we're getting towards that pre-market low area.

So, arguably you know pre-market low bounce situation could be slightly in effect. You know these stocks just have too big of a gap down on the queues that i think we can yeah we'll see. We might not really be trying to do that big down swoop just yet today. So just enough, why close most of the 448's? Because the entry just wasn't really that good, so still keeping one on which is very minimal as of right now, gon na have to cut on the cues entry, wasn't good enough, so just a back and forth day really haven't garnered any kind of great push.

All right, so next trade i'll look at is going to be up and through the weeklies on uh. Excuse me up and through weeklies, on uh qqq's next, because you can see apple's really kind of cranking a little bit tesla's starting to move a little bit more, which arguably they could just be counter trend, bouncing back into resistances before getting sold to later. In the day, bbig just broke up to 361 so that just hit our targets from a couple weeks back very nice move very nice yeah, so that still has some good momentum on it right now, yeah bbig um. I mean we did a whole analysis.

Like two weeks ago, talking about bbig hitting 340s and 350s so um it did it today. It wasn't something i was watching today, but you know if you paid attention to analysis from a couple weeks ago: you're not really confused. Today, 342 360s were first targets now through this you might end up seeing like 440s or something like that. What time is it? 9? 57.? Okay, so you can see uh the q's just got up to their weekly trend and so far remaining below.

So still seeing that resistance there um off of you, know that level so until you're up and through that, we can't really suggest major longs. It would just be counter trend lungs into that level. Specifically now, if we're getting up and through and clearing and holding, then that's kind of a different, maybe a different situation. Uh you.

If you're following uh nvidia, i mean i do have a move on nvidia, maybe as high as you know, 284 is kind of watching apple, maybe up to about 170ish area. It's kind of where i had targets, maybe going to we've gotten pretty close to many of those already. Do you ever play earnings or earnings reversals ask sometimes yeah i have. Ah, so there goes bbig getting sold down as it pretty much runs right into that level.

We talked about 350s 360s area - oh yeah. I guess that makes sense. Please watch grtx um! Your breakout is at 352 um. You can see nvidia's still creeping up pretty well, oh yeah.

Well, actually breakout happened quite a bit ago. First, one was probably at 308 yeah yeah. I was wondering if we're getting ready to roll, because it looks like a lot of these stocks - have counter trend bounce back to like some of their resistance areas, some of the bigger ones um, let's see and drtx only for scalping yeah, i mean it's still. The same rules apply if you're going to scalp your scalp off the long term levels.

You have your best scalp trades, um. Microsoft is just kind of trading in the middle of range right now, so you kind of have like a wedge development going on. I have targets to the downside at 316. um targets to the upside early at 332, which seem kind of crazy for right now.

So i won't even suggest that uh yeah, let's say market kind of push down there, a little bit - nothing too crazy um. But i would say if the spy does come back down below 450 453.23 and that's where you could see some weakness kickstart into the market. On the downside here, arguably microsoft also rolled over so like microsoft, kind of started, pulling back at that same moment in time same with tesla, like a few stocks, actually pulled back. You know at those spots so to me it makes sense as to why we started seeing like a little pullback on the cues and a little pull back on the spy and netflix putting in a good day so far, all right.

So there goes the market kind of well, i mean it just ran down a little bit. Nothing too crazy, um, but nonetheless, a small, decent move down. Uh looks, like apple might, roll here a little bit. There's a couple.

Stocks of bigger name stocks are kind of rolling slightly on the downside. For the time being, so it's like if these break these patterns are in and roll to the downside and pick down targets on the day. Then the market, i would assume, does kind of go back into like a flush all right, so the spy right down to kind of um. I will say like a slight demand area from earlier in the day.

Through this, i think the trend is going to start getting pushed to the downside. Okay, uh, no, not holding roku. Remember our targets from the other day were like. I don't remember what we said.

They were like 229's or something like that. So no no just kind of watching it as a as of the second. As of now you could say all right, so um nvidia's kind of rolling over microsoft's rolling over apple's rolling over if the low gets taken out on obviously the spy. It's not going to be looking uh, so good, okay, so i am embarrassed.

The market still um working a little bit um, you know so so far. The way my brain is rationalizing is the markets of counter trend bounced back to the weekly on the qs and just a couple: bigger stocks in the market of counter trend bounce today, back to kind of like some some resistance. You know if i pulled this chart down you'll see this is what i've been watching nvidia back to this level, we kind of hit that and started rolling um. You know if you look at apple apple started rolling a little bit and we have targets on the up which we almost got to and targets on the down which we haven't gotten to.

If you look at microsoft, microsoft as targets down here, it's rolling. If you look at, i think it was tesla got close to resistance um hold on um. I might have had a lot, i don't know, but you, but you can see right, like tesla tried to get over the the level now back under. So we're kind of seeing this rolling effect in some stocks right now, so that's kind of why i think we're seeing that negative turn currently on spy in the market.

Now, there's obviously other stocks, i'm not currently keeping an eye on that probably play a role into all of this right but um. That's why i'm seeing that bearish move kind of tilting down for the time being, in my opinion, right so for what it's worth so um same rules apply. I think the max down target we're gon na go for on spy here once we finally get something going out of this move. Uh will be four forty eight fifties on the day.

Downside that might you know it may not happen. I know we're still trying to shake out in this market, but if i had to pick two price targets to go to, you know first was spy 456. You know we have remained in a downtrend since the open, lower low, lower highs, not quite really low or lows. Yet i mean we were, but we're not below that one.

So um same thing with the uh, the q's accused have been put in higher lows here and some higher highs, but they got their first rejection of the weekly pretty hard um. So now i think it's kind of down and look for you know maybe a lower high to start and then maybe you get a get something out lower, so we'll see and time time will tell always does so, i'm in the green on the day and so At this point, it's really just my day to give back. If i want to, i could quit trading right now be done, be happy, can continue trading um and again, that's how the game goes, but there hasn't even really been an epic move in the market. Yet so i'll probably still just be chilling all right.

Let me take a look at sopa. I know it's a popular one right now. Um. Let me also do this could be looking at an apple move.

You know, if apple really breaks down. I think you might target 166 31 on the day, potentially um we're just kind of chilling at the half deviation. Oh, that that helps. I didn't have that before.

Okay, so right now, the apple. Basically, apples are short right now, um, you know, and your stop is going to be over 168.30 targeting 166 30. uh. There goes the spy starting to creep a little below um yeah, nothing too crazy.

It's still a first attempt breakdown previous slow again, there's always a little fight. Little little tester magoo there um tesla, just got back down below its weekly trend, so we'll see if tesla remains below uh sopa's pulling back pretty harsh, i mean yeah, i mean it's probably at some selling levels, most likely, that's, usually the story uh. What am i looking for? What am i doing? Uh, actually maybe not yeah sopa - is currently yeah, not really overbought, actually well on the intraday. It is in the long term.

It's not particularly but yeah. I mean it's at plus fours on the intraday, so it's an overbought scenario, price call all puts before breakdown. Um again, you know the deal. You already know what we're targeting that's it.

This is where we're going to, hopefully on the downside and that's what we're going to on the upside. If you feel comfortable, taking a position or doing something you should do so right, i give you all the targets. You need to look for all right trade. The trend i've already told you, i've been bearish all day, so i can, you know, meet me.

Taking a trade has nothing to do with you, but you're right. You know we've been calling it bearish for the morning so far for the most part and we're staying below trends, so target's 448 50., as long as trend stays down and we stay in a downtrend which we're fighting to go into a downtrend here all right. So there you go, that's the current downtrend line, kind of yeah, so um going below this low would be sort of significant because then it kind of gets us back into lower lows and then um from there you're just bearish until it uh is not making lower Lows and starts an uptrend all right so contracts, i'm in right now, i'm only in 167 dollars in the market, nothing too crazy for the time being, and those are up 20 percent still debating on a new entry uh for now, which the only way i can Really take another entry on a bear side is gon na have to you know, probably be off a bounce back into resistance, because we have yet to really get a snap in this market, all right, tesla kind of back over its weekly trend a little bit. That's why we're starting to get a little pop smidge apple is still basically fighting its 168.40 level.

That's the over under level for the day as you can see, as we first got over the markets pushed up now we're coming back down to retest that breakout. If we go below markets can kind of swing into a slight sell-off. Oh markets hold a pretty pretty decent double bottom there, but i mean what do you expect? It's typical. You know off a double bottom or well off a first attempt to break a low.

It's typically what you get, i'm a perma bear all right, um, so really good dip by volume on that bottom. If we pull this up, you can see um, you know pretty decent buy volume came in all throughout that dip. So far. Hence you know popping up.

You can see, cues are still coming up, so we're just in so far. A very indecisive market environment is the way that this market is uh. Currently going now, i like the way that this dip got held and the aggressiveness of this squeeze back up. You know if we continue treating to the side and holding we'll probably reverse flip it on the long side and maybe even attack our upside targets for the day.

So, yes, yeah, that's pretty much. It pull up some of my big names again, all right. So pretty much markets are right now, testing the possibility of starting into an uptrend which are looking pretty good, so kind of flipping bias over back, potentially on the long side, if we start to clear specific levels which one of which is going to be qqq over The weekly we've held so far a good double bottom there. Now you might expect maybe a higher low scenario to come in now.

Remember like we're not truly. In my opinion, you can create like an uptrend on price action, but i don't truly believe we're really really uptrending until we get through those levels right. So that's the way. I view the market right, we've put in a strong bounce.

So now it's maybe high or low scenario up through still, that's basically i'm watching these are the closest levels, so these have the highest probability of interaction. So that's where i'm paying attention to mostly on the cues right now yeah. We might you know, like i said, uh we've tried the downside a couple times. You know market's getting held up some of the bigger name stocks aren't quite you know going over fully, and it's still, you know still early to tell sometimes.

But you know on the flip side, um we're still creating lower highs there and we're back into trend resistance on the intraday on the spy, so it just might take longer to play out before we really get something that attacks one of our levels and then again You typically have to trap volume before you can get explosive moves to your levels. That's another thing too got ta be mindful of all right. So now we have a head and shoulders taking place on tesla apple back down. Okay, i i don't know apple's kind of looking heavy very interesting once again, another rejection on the spy there.

It's just not not yet. Oh boy, oh boy, still creating the lower lows, lower weight, no lower highs, lower highs, but again still just kind of creeping in there yeah. The market is very confused this morning, very confused market. You have apple.

That looks like it's about to take out lows. You have tesla kind of going up so you're just getting a lot of divergence movement amongst couple things right now, making this weird environment um, like i said i still can't we still, we still haven't broken this range that we're trading in, so the markets are still Just like all right, 456 or 449, 456. 449. 456.

449. That's that's the way! I see it right now. It's going back and forth tickling each other. It's a little tickle fight right now, all right! So now the markets sweep it down again, and this is this is the beauty of the market.

You could do this all day and just be confused as and eventually here it goes so like today's been today's been a challenging day. For me, in terms of i mean really, it's not challenging, i mean yeah we're going back and forth back and forth. There just hasn't been the easy trend, yet you know, and that's that's where most people end up succeeding in the market is when they finally catch a trending move and they can make sense of it when it goes back and forth. You're holding calls or holding puts - and you just get chopped up or you know, however, you're treating the market um, but that's looking pretty guys.

It's not looking good. So we'll see, let's see how this works again. You know the deal you're not over the weekly on the q, so you're, theoretically, not in a like an uptrending, strong strengthy move, you're, just counter trend bouncing to trend resistance, so until you're, through that, you still run the risk of down sweeping to this target of 374, in my opinion, if you're over this and holding, then we can start to get a little more cozy on the idea that all right, maybe the market's gon na sustain itself for the day, all right, you have apple swinging down towards lowe's. For the day, you have tesla still barely trying to kind of hold its weekly level.

Let me check something else. This is what the market looks like right now, not so good. Okay, all right folks, we could be getting our bearish snapper magoo here all right. So if we're gon na do the old, bearish it'll tickle me sideways, i'm gon na go with them faux 50s.

Let's see if we got any bearish flow coming in today, so at 1004 we got uh for the cues we got. Basically all this morning, i'm seeing mainly bearish flow targeting 376.. I got 376 378 378 378 376 um 374 puts today since the open. I have only had two two bullish flows for call that was to 384 um and then the rest have been bearish flow to 378 376..

Ironically, our first target is 375., so if you're, most of the flow we've seen is coming in at 376 to 378.. Thus, if they're thinking the market can go here by buying 378s and 376s and the market goes there, their puts also go in the money they get juiced on all the gamma and actually get some intrinsic value. Theoretically, as opposed to buying, say like 375s or 372s. You would need to go down break that and some to go into the money, so it seems as if the 374 54 on the downside, qqq's is a target and if the 448 57s is the true downside target for the day, then you're going to want to Pick a strike: that's just a dollar to two dollars above those.

So that way, if the markets do swing, that your puts are what not go actually uh go actually to they actually go in the money, some okay yeah and it's monday. You know i you know to me: i almost just visualize every single day as one day in the market, but yeah it is monday. People are indecisive. You know, people haven't quite figured out that omicron it's taking over the world and we're so scared.

I'm still scared. I don't know what to do. I do know what to do. I get myself 96 boosters and then i feel great yeah.

So here's the flow i'll show you uh the reason i'm not gon na be showing it is because this is a paid subscription. So you know i can't really be putting all this all live um, it's just not right for the company and i've done that, but anyways you get it um. So here we go. This is the 20th.

So to start the day we had a 385 call. I can explain that i'll go back, but then we had a 374 put 384. 376. 378.

378. 378. So you can see. The main target is 378 to 376..

If you talk about popularity on strike popularity, 378 next best popularity, 376. um so and then you also get some 374 puts in there right, um, but nonetheless, most of the high premium is coming in the 378 376. Is there? Okay? Then, if we flip that to um the put side for the spy, you can see the 20th coming in here. 450.

445. 452. 452. 454.

450. 445. 445. 445.

445. 445. 445. 445.

So someone is really targeting 445, but why we go look at our market um. I don't even know why they're targeting 445, in my opinion, maybe they think the market's going to go there so in in my belief, it's like, i don't know if i feel comfortable targeting 445 someone out. There is saying 445, but i feel as if this is a more attractable target for me in the short term, so i would probably try targeting there and then, if it breaks - and it goes then awesome right, but i don't think i would be the one buying. The 445s, because it's so far out um that you know to me it's kind of like you know, maybe not, but at the same time you know whatever you get the deal, you know what's up all right market's starting to look kind of i mean it's.

I mean it's obviously rolling down. It doesn't look as good as it did earlier. What not but um you know. I don't know, i'm going to put out a bid there and add some 450 puts.

I mean we're breaking down, it's it's more of a breakdown chase, but i still think the trend is going to go that way. So if i get my fill, which i just got my fill awesome and if we continue then that's great might get some immediate volatility down. If not that's, okay, we can bounce up and do something. But if, if this market does end up rolling here on the queues and gets basically three 379, then the spy's toast, i think i think this market will get toasted all right, so we're starting to see that kind of what feels like some.

You know some. Some momentum starting to build into those candles so again i i picked up early expo expiry 450 puts market spy again. If that q gets through that low, it's going to look not so good all right. There goes the q almost through that low.

Again, it's not going to look so good again. We just broke down price action, so uh, you know a candle back or some pops back to retest. That breakdown totally normal right. That would that's almost expected grtx still on the rib rip for the tater chip.

All right, scary, green candle back up so adding some more puts into this push back up so added some here on top of this candle and if we creep up to there i'll, probably add a little more to retest this breakdown. And if it's true, we should flush, i would imagine if it's fake, then obviously we can get up over, maybe build some, some some control there or something like that. What's up dude, so the only thing with adding you know on the way down. Is you do jack up your average a little bit, so you got to be mindful of that too.

We are also a little expanded from some of our intraday moving averages. So, there's that so there's the retest of the breakdown on the spy, strong candle back up, um, okay, so added some puts to the spy there on that retest of sort of the the price action breakdown. So again, if it's legit, then maybe we swing a little more there. If not so much.

We can obviously squeeze back up um not going to sit here and allow myself to get crushed on a squeeze. If so, just an fyi, i mean so far. It's not yeah, not one of those big big down sweeps. Also, like i said we were extended from some kind of key moving averages there.

So i'm not surprised for a little push back up. That's unfortunate, so i'm assuming we'll probably head back into like the 50 and 100 on the intraday there. So that's unfortunate give some money back on that um, but that's what it is um so to me, though, market's still not really into an uptrend until it's for sure crossing through all of that for the time being, just an fyi which that could still happen, and We might yeah, i might be going through and say, apple kind of recovering some key levels. Amd's doing the same, so we might be looking at.

You know a little bit of a breakout. Coming we've tried to roll the market a couple times, just really haven't been able to do it very well, yeah, it's okay! Maybe it's just not the day for it. So i'm going to take my loss on the market there from the spy that last short trading. Adding there so you know, realistically, we could still kind of revert into a downtrend, but i don't like the way the spy is performing, because if you do clear here, you're going to go into a squeeze and we should take this and the loss is just not Really, there's no point of taking that if, if not needed, so yeah basically went from up 400 to like 73 a day off that squeeze.

Unfortunately, i was planning on taking it off a second before that, but yeah whatever so back into a smidge of a green day for monday, but whatever again market still hasn't even gone. It's gone to our first price targets on the long side, but didn't really amount to much. Now, if i were to close my short there, maybe a different story for the day. Yeah, i wonder see like you know, that's that's a tough spot about.

You know taking ads off price action. Sometimes, if it doesn't work, then you know - and still you have a that's a great ad into the 50 moving average for a short and that's what i was like. Oh, it's like max payne on that play, unfortunately so yeah, but you guys still i mean you know the deal. You know where the price targets are still can't really get a big pop until we get through the weekly there um, but i mean i see exactly why the queues are doing what the queues are doing: they're just kind of sitting in limbo, right now, um sitting In limbo, yep i see sopa halton.

I see that i mean theoretically, that would be sort of a long entry move. Hmm i mean this is no doubt been uh. I mean not the easiest day. That's for sure, definitely more of a trend down scalp take some off sort of situation, um yeah yeah that that's in our in our trading course yeah um! Thank you! Jeez i mean you can see the market.

I mean it's, it's just being the market today. It's this is slower back and forth day. No doubt so, yeah i mean you kind of you mean it's still the same thing. You know just keep tracking it until we get over that level.

It's going to be. You know more just kind of basically scalp up.