What's going on guys, welcome back to the channel, try to make this video a bunch of times, but it just keeps getting longer and more confusing than it needs to be so i'll. Just do things pretty simple um! So we're not going to see bearish movement on the market like in terms of snapping aggressive selling unless you're below this point, these two green green prices and green lines. So as long as the market remains above, this i'll be long biased, i think my upside destination for the day say news and hawkish vet and everything's good and no one freaks out and we actually have like a good day as opposed to some choppy day. Then i would look for q's back up 3.

52 47 for right now. So again, it's good day, everything's all ho-hum diddly, dumb market. Long 352 47 hold support over 344. 86.

344. 57. Area-Ish um something happens. I don't know this that any other happens and market goes down, then are a bearish below 340 46 344 43 57 downside destination at that point would be 339.06, i'm less optimistic on the downside, because we had so much strong buying yesterday, i'm not sure if the Markets are really just to rip down one day after that bullish move, but we'll see again it's a fed day.

Who really knows all right over to the spy spy is, i would say very, very similar to that of the queues here, but um pretty similar, but probably gon na help paint a little more of a picture here so um. So with the spy. The spy would be not really bearish bearish until we're back below the monthly. So unless we actually break this monthly level down, i won't be bearish.

I would actually be long bias off the monthly so again a good way of reading. This would be like this. We sold down yesterday and i'm not going to go over everything just specifically the monthly, so we sold off the monthly. Actually, we broke the monthly retested monthly sold down to the next monthly tried to hold it broke below bounced back to it held below ran down.

Finally, bottom ran back to the monthly broke back over. The monthly ran up to the monthly now we're pulling back, probably close to the monthly. So as long as the market remains above the monthly, which is around four twenty nine forties, four twenty nines will be okay, and so i think i'll be more optimistically long, biases mark of the day on the qs and on the spy - and i think, arguably, sort Of the break point for the market could pretty much be like. Probably now maybe, but i think we want to see the markets on the spy up and through 4 34 66 and that could probably convince some bullish movement for the day.

So i think we'll be optimistically long biased for the day, even though we got the fed this that and the other whatever, and when i say long bias for the day i mean i'm only gon na be long, biased, dips off qqq here, which we've kind of Already done, oh that's! I don't know why it's doing that, but that's cool. I don't it's like tweaking out, but how is it doing that? I don't know why? How but i, like it. Um yeah long bias, those dips off the green lines and then spy in this case. You'd have to use the cues to know why the market might be dip, but anyways yeah, so basically long bias and then spy up into this 434, 59 and pop through.

That would be cool and yeah all right. You guys have a good one. Wait yeah max upside destination, i think, would be 4 42 27 on the spot. Okay, you guys have a good one.