What's going on guys welcome back to the video before we get started just wan na? Let you guys know over the course of the next year. I'm gon na do my best to record the first hour and a half to two hours of the stock market open and then post that to youtube those videos will not have any audio. You might be thinking why in the hell, would i do that? It's not for me, it's really for you so that anyone of you guys or any future viewer can go back through my channel and literally study the stock market in real time, and not have to do this in hindsight, 2020, and so the cool thing is: if Someone actually did this: they could at least see how the market open works for the first hour and a half to two hours each day and sort of how things progress throughout the morning and from there someone can learn a ton just by studying that sort of Archived data now, alongside of that, i will also be doing this style, video, which is me moderating or narrating the video recording from earlier today. So what we're going to do is we're going to hit play on this video it's an hour and 36 minutes.

So i'm just going to fast forward through a bunch of it and basically get to cool parts where i think it makes sense to talk to you guys about, and once we go through a few of these live videos together, you'll start to realize why i'm archiving The data not only for you but for me as well, because you will see that even if i'm not here to narrate one of the days for you or i don't have the time to do that, i'm still going to post the data in these videos. For you, so at least you can fast forward it through yourself and start to pick up on some of these things for yourself. So with that being said, let's get started and all i'm really going to do is just fast forward so that you pretty much see how the whole market trades very quickly. All right.

So let's get started so hitting play here and just gon na fast forward ready. So bottom charts are longer term um. You know time frames. Charts on the top are five minute time frames.

Pretty much. What's going to happen, is all of these lines that you see on my chart, the stock market's going to trade to and from ready? Let's go so, let's see there goes market opens. You see how the lines kind of change look at the upper right and the upper left. You see the dotted gray lines and the dotted green lines dashed ones.

You see how they kind of move up and change a bit at open. It's because they're recalibrating for the current day's session, so yesterday or you know, last trading session, they were there based on. What's happened, pre-market after hours, the recalibration puts them here all right. So, theoretically, the way that you would read that is the nasdaq is opening up.

Above support for the day, the spy is opening up below resistance right. The dashed lines we broke that down. So it was a support now a resistance, so you have theoretically an opposing argument from the indexes, the qqq of the spy. You have qqq, basically on support and you have spy coming up into a potential resistance.

So it's kind of some tomfoolery kind of hard to gauge, but that's really, what's going on all right so fast forward, some all right keep going, keep going. You'll see the spy gets really close to those dotted levels, those dash levels not quite close, and then i think we end up like rolling down and the cues. You can see start to breach some of their support. All right, so we'll keep fast forwarding fast forward.

Fast forward, you will see, as we kind of basically fail to get back over the first screen right. We smash through it right upper right qqq. We smash with the first green line. We try to bounce over.

It can't back under all the people that are trying to buy for that low a day, support you know or whatnot they stop out and their stop out. Pretty much takes us down to 342 80 or what not the next green level so again, remember these levels aren't only support. They aren't only resistance, they're probability levels so once one of them breaches we expect the move is to the next one. And then, when that one breaks we expect to move us to the next one and so on.

So you can see we take out the first green one and then we smack down to the second one all right and then look at what happens that candle instantly bought because again it's a support level. So not only was it the target for the bears. Downside short, it was also a potential support area for new bulls entering the auction market, but also a level to buy back for the current bearish uh participants in the auction market. So some people come in they dip by for the day they get stopped out.

Okay, some people come in, go okay, low a day is going to get taken out, they go short all right, and so what happens? Dip buyers get taken out. They stop out shorts come in, they bang it down. They cover off that level. New bullish participants to the auction market might try a dip by there further, causing that candle to get juiced up.

You will see that the qqq on the right chart we hit the bottom level and then that candle this timing nonetheless pretty much bounces back to the green one above, so what does that mean right so think about it? If each one of these levels is a breakdown or a breakout, one surpassing one of them, then theoretically this was a break down and seriously. My dogs at the door got ta, let them in, but we're not stopping this video. It's lit. Let's go champ.

Let's go all right, so you can see as uh as the market hits the bottom green. We pop up to the green one above and at this moment in time. Yes, it's a little choppy, maybe a little confusing, but you know you just kind of have to tell yourself that that first green level, when we broke that down, that's a breakout to the downside - and this is a retest of that breakdown, which it arguably goes a Little high so not perfect by any means right, but at the same time the opposing side of this market could have been saying. Oh, we just recovered that green line.

So that's back to support right. So this is what happens when you kind of get into an area where there's so many levels that are just right next to each other. It's almost like they're, creating opposing arguments, and so you can get a choppy environment. So this is, when you can say to yourself: hey: we might have sort of a choppy start, because we kind of have like two levels there and like we didn't really break out of both of them we're just kind of in between them.

So you know this. Might be a little confusing now, if you understand the market, you could easily be buying doing all sorts of stuff in here, but whatever all right, so anyways pops up people sell into it again right. So look at that candle that five minute candle! Theoretically, it doesn't close above that green level and then we're back under right and then that one tries to get over it and it just doesn't now look at the time that that qqq candles green, you can already see the spy candle is selling down right. So you kind of have like this bullish, qqq candle or it appears to be somewhat and then you look left.

You know at the same time that spy candle is like red right. Look at that. So someone who is just only looking at the qqq five minute chart may have been like. Oh you know, kind of bullish.

Meanwhile, someone who's looking at the spy charts like damn this thing's already getting ready to go so again, very important to keep up. You know these two charts next to each other, while you're going through your day-to-day stuff, because well yeah one day, they'll tell you inflation's transitory next day, they'll tell you it's not and then they'll try to convince you inflation's good, for you love it all right continue! So you can see um we basically get back down to the second green level, get a little bit of a shindig magoo kind of bounce thing going on yep yep, and then we take it out right so you'll see the momentum picks up right as we take Out the green level, now someone who doesn't run this system or doesn't have these levels on their chart completely fine right. The way that they're seeing that mark is oh low a day just got taken out, so we're going to go short or anybody buying that low of day area is now stopping out. So obviously you can just look at a candlestick chart like oh yeah, we're taking out the low.

It totally makes sense why we're getting selling pressure there right, obviously um you know so. Meanwhile, all this cool trading has happened. Let's take a second to look at the bottom chart and just kind of think about the longer term big candles here. So when you look at the bottom chart, you see that dotted line there at like 346 ish um, and then you see the spy.

Has that one up at like 4, 36 64., so the way that you would kind of read these long term charts is like well for one. The spy isn't really reversing this downtrend until minimum it gets over 436.64. So you know that even if the market opens up goes green up on the day, it's really just a calendar trend, long up into the 4364 price and you're really only trying to be trend, changing bullish if you're maintaining above 436.64, which it doesn't even happen. That way, so anyways, let's fast forward, look at the bottom ones.

You will see that the four hour candle on the queues basically run up to that 346 price trying to get over for the day kind of failing right. And then, if you look at the chart on the left, the spy once it breaks down. Where does it go? It goes to its 427 65, which is that first dotted down line level. Remember all these levels on our chart their supports their resistances and, more importantly, their probability levels where we expect the markets will trade to and from breakout from et cetera, et cetera, so continuing on forward you're.

Basically, just going to see the market does get all the way through the green levels, and once that happens, we start to pick up a little bit more in selling pressure. Not only that, if you look at the upper left-hand chart spy, you see that big gray line we're coming into that is a monthly deviation. Okay, that's a monthly support level a lot of times when you come into a monthly level for the first time. It generally creates a pretty decent bounce, so you'll see market bounces right, not only that, let's just stay, let's go back.

You see how the level right now is like just look at where the big gray level is on the spy you can see as the markets are going down it's going down, so it's changing right, so someone's like oh well. How accurate are these levels well i'll? Show you ready what happens when the market tags it right there right boom, there's the wick on it and there's the bounce off it so yeah it does change a little bit. Of course it's changing it's a statistical probabilistic level. In order for it to be accurate, it needs to change as the markets are changing and consistently updating or you're right.

This level would have been staying up here and then the market would have went through it, and so again they do have to change to stay. As accurate as possible, but nothing's ever like 100, so anyways, you will see we kind of do like a little bounce off that you know. So someone could have just hopped in scalped it up or thought that this was going to be a big bounce on the day, so they get in at the low off the monthly level. Pops up.

You move a stop up. You know you could do something like that um, you know if you're looking over at the right qqq at this point, you see you're broken down all the green levels, so you're just kind of going downwards at this point um. This is where i don't even want to discuss. That's just too much you just that's just too much for now all right, but you yeah it's actually right there.

You see how that candle comes back up and retests the green level breakdown. Remember every single level when it breaks when it's theoretically a break out you're used to thinking breakouts, have to go over a certain resistance of price action pattern that you've seen that's not even i mean that is true, but it's not totally true. Breakouts can happen through trend lines and things like that and need to retest. So again, whenever one of these levels breaks.

Theoretically, it's a break out, and so that is why you see we break that green line on the upper right to the downside, and then we retest it right just like that. We retested it and then again we kind of break off of it shoot down, and then we retest the green line and then we break back well wait! Oh sorry, we go up to the upper one right, so here ready we break over it. Five minute candle pulls back holds right there, that's a dip, long off it. Okay, someone was trading that i've done that dip long off it try to get up to the next one close so now, you're closing, maybe even adding short trying to go back down retest to bottom.

I'm not saying it to be this finite with your trading but anyways. Let's take a s, let's take, let's slow it down, remember what happened, what happens when you get to the monthly level a lot of times, there's a bounce. So again, if you just added long into that level, theoretically with zero confirmation of anything, you just nail the trade but again you're not supposed to try to predict the bottom, because you don't know where the bottom is going to be right. That's why you don't that's! Why you don't try to pick falling knives because you don't know where the bottom is going to be right, but i mean there is this one dude making this weird video right now that just told you, when the markets come into monthly levels generally, they can create A good bounce and there it is so now you know there are ways to potentially pick bottoms.

You just got ta have to be patient and read a little bit of volume and some other things anyways. It doesn't matter all right fast forward, so you will see uh we bounce and then i think we just end up like selling back down to that same level. All right, yeah, look, i mean we bounce up. We start going through the green levels again and i think that's about as much data as i got okay, so that is about the first hour and 30 minutes of today's trading session.

So you know just going through it super fast at this point, pretty much: what happens is the market opens up? People try to dip, buy it up. We pretty much get back to some long-term levels on the spy. So again, the way you would read this is the only way that this market is bullish for the day on the spy minimum would be you'd have to a be over these levels, and then you might create a higher low and squeeze up more, but look at Where the market really broke down, market broke down the monthly. This is a monthly level, so the market broke.

The monthly tried to hold some weekly levels here, faded through the weekly. So this is a breakdown. This is a well actually. Let me rephrase that this is a breakout to the downside.

This here is a breakout to the downside, um and then you end up getting one here so again. In order for you to be bullish in the immediate here, you'd have to get above the weeklies and then you could take out anybody. That's been shorting here and then to get a bigger poll. You'd have to take out the monthly, which would be any of the longer time frame, traders trading off the monthly um.

So you basically open up kind of running those weeklies, and then you just sell down to the monthly and then once you get to the monthly you bounce now, a reason that this bounce could have been so strong is because think about all the participants from the Day before and into this day that may be playing around monthly levels, so you could have ran into some swing traders with some really big positions, swinging short trying to get to that monthly level, and they succeeded. You could have been playing against some people from this morning. Pre-Market maybe come in a couple hundred couple thousand shares or whatever just some people participating in the auction market today off this upper monthly level and their goal was to go to this monthly, so they're trading from monthly to monthly right, and so they just went from A monthly breakdown to a monthly support they're covering right. So that's a bunch of different ways.

People are participating in the auction market on a day-to-day basis. Meanwhile, you have someone like me coming in off this monday goes. I just know that a someone could have been trading bearish monthly to monthly, and this is you know, a lot of times could be like a little dip long area, so i'll just come in at the monthly and just start. You know scaling into that low when we get to the monthly just expecting a bounce, and if we get it, then i just start taking some off and try to ride it up a little bit and as long as we hold above then i don't really have Anything to be worried about right.

Think about that right we come to the monthly upper left, bounces pulls back, holds the monthly, and then we go right. So you know anyways, there's so many different things that we could talk about. We could sit here all day long. So just want to make a quick equip a quick, updated video.

I did not go through any of the options data here, but feel free to obviously go back through this, and you can see like i mean i'll, go through it, for you watch. What's going to happen is as the market here on, like the queues start to get weakness, you know, through some of these levels, people are just going to start buying spy puts and they're probably going to target 427 here right. So, let's see if 427 or oh, i see they're already loading up 430.. So look at that.

Look at what the start of the day is ready. So uh look at the bottom right bottom right right. There boom that starts today, 4 30. Put so as soon as the market opens someone's already targeting 430 um to begin with right.

So let's keep going more. 430 425 was that 425 in there? How did that jump yeah? It looks like maybe no it's still. 430S 426 is right. So look at these people are targeting 426 right right there that guy 273 000 targeting 426.

look at where our level's at on the spy it's at 427., so that dude is targeting one dollar less than what the downside target of the monthly already is right. Um you know so, let's see what else happens here. There's a 425 coming through um anyways. You can see 340s 345s coming through on the qs right, so people are loading up.

345 puts look at that right, so so think about this. Look at the time. Those 345 puts come in or is that incorrect yeah look at the time the 345 puts come in right and then look at the price action right, so the candle just gets smashed right. There ready uh hold on all right, so qqq upper right you got 342 puts on deck uh.

The next print that comes through is gon na be for 344 is look at the price action of the queue okay. Candle smashed candle just got well not yet, but look at 344 put just came in on, like the high of that candle, maybe like right. There yeah like basically right, mid high candle, then look at the look at the market. Smash now dude at 266 k sure that was probably a 30 drop.

I don't know 30 40 drop, possibly so that dude just got some bank unless the fill was late, but anyway it doesn't matter all right. So you can see those 344 puts coming in uh. Then you start getting some three look at that candle pops up you get some 345 puts so someone's adding puts on the top of that green candle. Then look at the candle down right, so markets may be readjusting for a big short trade that came in there.

651 000 in premium into the market there, so potentially a factor as to prices, shifting the way they're shifting in the immediate um. What else we got here, we've got. Some 420 puts coming in that's cool, uh yeah. What else all right! So there's some 415s! There! That's kind of stretching it all right, so look it beautiful! Here we go look at the calls coming in all right, look at when the calls come in okay.

So look at this think about this. The market hits the lower green level, the spy look at the spy. The spy hits the monthly and look at what's happening, someone's already calling the market back up. 355..

Look at 344, what's above 344, the green level, so the green level is basically 345.. So our statistical levels that are always here on the chart from the day before and right now and ongoing, are the statistical probabilistic levels of the market. You are seeing right now somebody calling the market back to 355, which is that green line now again someone's like. Oh, my god, this is magical.

I mean at the end of the day. Of course i mean: what's this dude going to do, call up a 370 call. I mean well they're not going to do that with an early expiry. The thing is not going to go to 370., but if you think about the average true range of the market, obviously you know 355s within the cards is only a couple bucks up right now, so, theoretically, just in normal market environment things going back and forth on A day right now, with the queues being priced at 341, yeah 355 is theoretically still on the table right.

So when someone calls that into the market right then - and there that's not something - that's like so crazy, it's not it's only a couple bucks up and not to mention it's our probabilistic statistical level, so they're not targeting something random pricing they're, not targeting a random 355 Price for today, they're targeting 355 statistical, long-term deviation that exists right there. So my rationale for targeting that 355 is because right now i think the best case scenario long bias move you could get in the qqq market would be back to 355 and nothing more unless it got above in health. But would you want to come in here and buy two hundred and eight thousand dollars in 355 call premium and try to hold those calls for a move above 355 pull back and sustain above, or would you rather just try to call the market up to 355? Expecting that that probabilistic level could be hit and then closing out your calls as we reach that level, that's what i would do, but anyways so here you will see we get calls for 355 360s right right as the market hits the monthly. So now you're you're, saying well conor did say that you know monthly levels.

They kind of bounce a lot of time. So now you're asking yourself are we supposed to bounce the monthly? Is that why we bounced do we bounce the monthly, because so many people are short that they're starting to cover? Do we bounce the monthly, because we're supposed to bounce the monthly and as we get to the monthly people on unusual flows and options, data are seeing a bunch of people zipping in calls for 355s and 360s? Is that's? What's creating the change in the sentiment here? So now you see the market is an ebb and flowing non-stop organism and everything plays a part and everything helps the auction market. Do one thing or the other see what i can tell you right now is when the market got down to here. I did play some long plays.

I didn't even look at options data when i'm trading half the time, i'm not even looking at options flow data, because i already know this monthly level we're probably going to bounce. So as we get there, i'm already calling the market up and then there's a lot of people that use services like unusual whales and when this market goes to here they get a green candle. All of a sudden, they look at their service. Like, oh, my god, look at someone's calling the market up and then they get in so nonetheless um that's kind of the dealio, but before i go, i do wan na show you one more cool thing: we're gon na go to black boxstocks.com.

Here, let's see yeah this guy, oh well, doesn't even matter. I don't care so all right. So the last thing i wanted to show you was kind of things to help. You trust what i'm teaching is is somewhat decent.

This is the qqq chart on black box stocks, one of the services that black box stocks offers. Um is you know, dark pool, prints on charts and things like that, so you can kind of see where some banks, um, you know - may have been taking action and so what you're going to come to find is this. So this is where some dark pool prints and things are kind of taking place all right for black box stocks, all right right now: 340. 250S.

337. 50S. So when we go back and look at the stock chart, which may have changed a little bit here, no, i don't have. Oh, i got to go back to uh the video all right, look at where um so look at where this green level's at that green level's at 340, 250 to start the day there and that's where we kind of get that first pop on the market right.

Okay, look at where the uh excuse me. Let me get out of this. Look at where god damn it there we go dance just so much stuff, all right! Look at where um there. It is 340, 250., so the biggest dark pool activity on the market qqq's.

Here being referenced was 340 250 for the day and then also some down here at the 330 750s. But nonetheless, these are behind the scenes, orders being done by the big guys and the banks, and you can see that this has reported some activity around 340. 250S. 337.

50S on the qs. I wonder if we got anything for the spy today, let's see if we got any data. Oh we did so look at this. We got massive prints down here at 4.

22. 50.. Now the unique thing about 420 250 is, you know? Well, i'd have to log in to show you maybe, but let's see if it's in the video, so the unique thing about the 420 250. Where am i at where's that video 420 250? I don't even know what happened to it sheesh it wasn't here all right.

So the 4 22 50. all right, so look at uh the spy char upper left. Okay, let's get the market open, look at where the big green line is at right now: 421.29, okay, um and then also look at the spy 419 price. That is a negative three deviation and then i think something comes up on uh but anyways.

So you can see we kind of already have some predetermined levels down in the 421s right. So when we get there, it'll be the same concept as markets reach. Those weeklies down there we can watch for a bounce, but anyways um. The whole gist of it is is that these levels that we are plotting on a day-to-day basis for you, guys and re-analyzing on the market on youtube, which these videos are kind of being suppressed.

A bit um, actually our channel hasn't gained one subscriber in over a whole year, believe it or not, yeah anyways. So these predetermined levels are levels that the big guys and institutions are playing around, and we can also kind of have conviction in that, because black box stocks is also reported. Uh, reporting, reporting, reporting, dark, pool, interest and activity at our same price levels. So, for example, today pre-market 730.

We already know that down here around that 420 remember, we said 421 like 80 or whatever. That price was in that video. We had levels so we got down there held bounced um and you can see that dark pull activity is being reported there, so the same levels that we already know to watch for end up being the levels where significant dark pool activity is taking place in the Market so uh. The other thing that i will do is i will go to twitter really quickly right.

So if you go to twitter some of my last posts, what was it like right, um? Oh there, you go, there's a perfect representation. I did a bunch of them today on my twitter page but um. I was saying something about looking for rippy, rippy, dippy dippy, or something like that. Where'd it go.

Oh here we go qqq. If it hits 334.77 a day. We would be. That would be huge.

Def look for a dippy dippy rippy rippy there. I know the banks are look at that at one hour ago, qqq if it hits 334 77 a day. That would be huge. Def look for a dippy dippy rippy rippy there.

I know the banks are all right. Qqq 334, 74 to 333 and spy 419 in these areas. We must see if shorts will cover for counter trend, dips, um but anyways. So look at uh that comment.

334. 77. You see that blue line where it's at 330 468. Now we kind of pop out, and now let's go back, let's look at black box stocks.

Let's look at the qqq chart again all right and where does 337.50 again, where do all their dark pool? Prints start on the black box stocks right around 33 37.50 um and then, if we look at the spy, you will see that i had said 419. I think on the spy but all said and done with the way the levels ended up. Updating you will see in this picture. They hold the dailies here at 4, 21 to 4, 20.

40.. Now we go back to black box stocks and, let's see where they're reporting banks, institutional, dark pool order activity, the spy, the dark pull activity is starting around. Maybe 423s, where we expect bottoms could be in that 419. 420S.

421S. I think i've said enough. All right, you guys have a good day make sure to subscribe. No just kidding, we haven't had a subscriber in a year, and you know why all right have a good one.