Yet again, another morning, video posted with no audio sucks to suck but anyways um, really quickly. Spy down here is a counter retrace resistance target, slash level resistance to look for. You have sold into support first attempt at breaking support, since it's been established from this. One might be kind of tricky to do so might see some defense from the bulls today um then holding below 463.91, but ultimately going into monday.

Today, in general, this is going to be the next big breakdown level for the market on the spy right around that 462 level, because these trends are here and these trends are what established that high or low in that higher low. So anybody buying here and buying here is almost underwater or maybe and if they get taken out the next couple days, it probably leads to another push to the downside. But you don't get to push to the downside. Until market has established that it wants to go below these levels, which right now it's trying but first attempt dip - buyers are coming in cues all right.

So looking at the cues we'll go further, so brake support down brake support hold below um. This is, this is kind of what i was talking about with the cues a second ago, so break support don't hit higher low. We got over resistance held, could not hold. Yesterday we broke down, support, ran down and now we're at another support.

So before you would get another big, selloff you'd have to go below that, as well as the one on the qs, which arguably might be a little challenging to do today, we'll see again with that being said, 372 right now on the qs. Is your support level area and going into the next couple days? Ideally, that's probably the level that the bears will be looking to break down and if successful in breaking them down, then you would generally look down like this so kind of, like you saw here right when the marker broke these big levels down. It ran to this middle one threw it to the next one same concept. You see here, right, market found, support, ran to the middle one ran to the top one found resistance broke back down, went to the middle, went to the next one.

So you know we might hold here whatever, but if we break this down, ideally you would look to go down to this one and then maybe to here and on the spy which, at that price would be 357 on the market. Something like that on the qs and then when you look at the spy here same concept, break here go middle! Go next! One hold support, kind of go back up, hit that guy down so so through here now, 454 ish is probably where you would assume the market might try to go there, if not all the way down to 448. So if we're getting a full breakdown, you know we could very well be here to here within the coming weeks. So with that being said, guys everybody uh and also you know you might even see it like this.

You could see we're down bounce higher low, hold up resistance, resistance back down counter trend, bounce trying to hold support, so you almost have like a head and shoulders now so taking out that level can lead to not good things. Alright, guys, sorry about the first upload have a good day.