Good morning guys welcome back to your morning, rundown video uh, we're gon na get ready to jump into it so um. You know whether it be today tomorrow. If it even happens uh these would be sort of my max upside destinations for right now for sure. On the day, which, arguably don't think are really going to happen, so something i'm kind of feeling we're going to see is pretty much this market just continue to bleed down towards, like you know these levels here and then maybe look for some counter trend.

Dip buys in this location, so um yeah. If the market goes like this down into these zones, i probably expect we see an attempt of bouncing there um and the reason i say that is because, if you look at the way the markets really set up, that would be so a move down to here. May look like on like smaller time frames, but in the bigger scope it would be. Market had broken down, we broke up and we would be pulling back to basically where we broke up to potentially create a higher low scenario.

In the event, the markets don't sustain. 350. 403, then we can build the case. Okay, maybe we're gon na fade back and test lows right.

So right now, i think again. Markets are still kind of on their seats on edge. So i wouldn't really look much more bearish today than down to 304 on the qs, because at that point you could very well run into a little wall of buyers that are willing to put money on the line here. To try to create that high or low setup in the market, whether or not they're, successful or not, is another story, but their money in the markets can bounce here i would try a bounce there right.

So you'll get my money potentially long bias in those zones. All right, so if you get enough people's money, long bias in the zones, whether we're right and the market holds for more, we still probably create a bounce right that can be profited on. So i think that's downside max for now on your bare short and then maybe counter trend long out of there and there's more. I could touch on that.

Maybe i will, after i run through the spy okay, um spy pretty much broke down here. You may not think it notice it, but it did it had a breakdown here. So everything bullish movement is counter trend dipping until it's actually over, let's say 450 to 43 to 453 and i'll explain more on that in a second. So it would be my expectation that this bearish move can go all the way down to here, especially if you go through that bull flag demand zone, not that a bunch of retail traders traded this.

But the idea is that, when patterns are formed and traded, a lot of retail traders are taught to trade around that and based on that concept. So, if that's the idea that most retail market participants go based off of then we know a lot of retail traders are probably entering the markets around this time because they said that's bullish right, so probably lots of retail activity. Maybe throughout these days. Just because of that bull flag that maybe occurred, who knows for sure, but there was a lot of demand there popped up and so through that price point would not surprise me if we just run to there.

Okay, so max bear side for me on the downs for right now, spy is probably into the 448s. At the same time, wherever that q price target was um, so you know part of me still thinks we could just be doing um. You know pull back before another push to the upside, so, as i said before, i think these prices right here i don't know why. Oh that's fine yeah.

I think we could be seeing maybe the spy pull back to as far as 448. Maybe try to create a little dip there um we'll see, but you know for now. That's where i'd expect some counter trim bounces to maybe exist. So that's pretty much.

All i'm watching for the markets right now is 450 to 43, for control of bullish movement again on the spy um bearish downside destinations of 448 potential counter trend, long bounces, spy 448, then to the q's. And then, when you look at the queues um, it would be like max upside destination, which probably doesn't even happen today, would be that um but downside destination. Here is a 356's areas um down to 354.. So this is what i was talking about is like this is probably what you would end up seeing like if this market's gon na counter trend - let's say the market is gon na break this, but counter trend bounce that level.

This is probably what you end up. Seeing something similar, you would see attempts of bouncing that fakes out a bunch of people. It is then their stop losses that dry, so the early buyers trying to support here get stop loss down to the 354s. Then the 354s are the ones that bounce and that counter trend bounce will go back towards 356, nearly to where all the first attempt buyers were at and then that will create that psychology moment where they're like gosh man.

Whenever i sell it then returns back to basically, like god, damn it right that thought process, because that's how the markets i mean in a way our design they just toy with us, so anyways um, you go to 354 right. You see like a bounce attempt here and that fails and goes to 354. It's very possible you're gon na get the bounce here. Then counter trend moves back to the 356., so i can already tell you right now like that would be my bounce trade.

Wherever these lines are at in the event we actually bounced around here, i would then be counter trend long from this level back to that level. So then, the way that that market would look like is okay, we go down, we try to hold and then a market snaps, and then we go to here and then it holds, and then we rip back up right. That would that would be my play. So it'll be very interesting to see if that happens, and i can call it this far ahead of time.

Let's go come on, you can do a bud. Why the house do you study for so long all right guys, you have a good one.