What's going on guys welcome back to the channel, appreciate you guys tuning in going to be very fast this morning, so there's two price points that the market will touch very soon: it's going to be 360 321 on the qs, nasdaq or 353.61. So the market is really trading in that quadrant still as it was friday, so we're going to put a box here, so the market is going to go to one of those two prices, because the market cannot and will not break out up or down anymore. Until you basically go to those prices, so they have to be touched in the first place, but um. So next up in my opinion, is probably going to be back to maybe the 363 21.

we'll see. There's been a lot of battling going on in this market. Just over like the past couple hours, so things are still a little shaky but either way: 363, 21, nasdaq and 350 361 nasdaq. Those are the two next prices that the market's gon na hit.

Those levels will change a little bit open, but that's pretty much pretty much the story um and then, when we look at the uh the spy now, let's actually bring this chart back over same thing, just as it was friday right. We have the spy in that spy is trading in a box, and this box is from 450 225 to 440.01 44401. So that just means that, in order for the market to break down or break up as in like today, next two days or something, those are the price points that have to be gone through. So if the market wants to do any breaking out within the next day, two days three days, those are generally the prices that have to be met and or beaten to break down or break up, so they're gon na happen within the next three days.

If that's what the market wants right and given the volatility and blah blah blah and also other, i could tell you, there's a good chance. It's going to happen so something can help you along the way, because obviously it's the crystal ball, always knowing the exact direction, which is not the easiest but um. You know something can help you out along the way is a moving average system, maybe um, it's something that i use you know till this day, i've been using it for a long time and probably pay attention to it more these days than i used to. But it's pretty straightforward: 50 moving average exponential on a one minute, chart 50 exponential over 100 day exponential intraday.

At that point, the markets generally are trying to go up and it's not a guarantee. So this is something that can help you avoid, maybe a loss if you're gon na like do this, because it's not perfect. So what i mean is right here. If you're, like oh yeah, the the moving average cross and connor says it's bulge, so buy it up, and then you know 10 seconds later it's going down you're like what the you know so um yeah, you know.

Of course you can't be an to yourself. So you know this is what i do a lot of times with the moving average cross and pretty much with anything in trading. I always categorize it as first whenever something is the first try of doing something: it's always the strongest or the best, because it's the first attempt right. It's like the first time you fell in love or the you know: we're not going to go down that road, but anyways uh.

You can see moving average kind of cross and it's not even the moving average cross, it's more or less just the fact that price is breached above so you can basically see first push over moving average and cross pull back into a successful push. Okay, it's kind of the concept um. You know this. One isn't a good example on the downside, because we never really get close.

So i won't use that one for now, but you can see like moving average crossover price action up and over pull back into push away from right. So that was kind of to me, like the truest first attempt at coming into those moving averages after a cross or after pushing over right, and so that also coincides nicely with what i say regarding the deviation system, and that is first attempts through typically have resistance. So you could see like we broke above this one went to this one pull back right so like that first attempt to break through usually gon na be met with some with some selling all right, and then you could look at it a little bit later in The day and this one skyrocketed up - and you know basically like first attempt into this price one a day and down right and so that's the concept. So you know you don't know exactly how things are gon na shake out every single day.

But one thing that i do regarding deviations and trading and this that and the other is i look at a moving average and i'll look at my deviations and i'll go. Basically, the market should go to here here. I don't always know if it's going to go up first, i know if it's going to go down first, i don't know how they're gon na try to swindle me every single day but uh. Nonetheless, what i do know is: the markets are over the 50 and 100 they're generally pushing up that doesn't have to last for forever and if the market is below those, and obviously the markets are kind of on more of a downwards momentum.

Trajectory which doesn't have to last forever and generally the reason those moves don't last forever is because when they get over, the moving averages they're, probably going to trend up into a statistical resistance that most people don't even know exist right and then maybe it'll go. The other way and then as it goes through and they're trending down, it will probably run into some sort of statistical support, which could then reverse the trend which a lot of people don't even know exist and then, as it, pops back up over the moving averages And it does its first attempt to break through them again and it pulls back in the moving averages. Maybe it's a dip and as we know that we get through the statistical levels, then we're crossing the resistance and blah blah blah. Maybe we're going to go to the next one.

Well, i don't know if it's going to go there for sure, but as long as we're trading over the moving averages we're not on a downward trajectory, so you might be just able to use a moving average system to help tie a lot of that together. For you, because a lot of people are like, oh, which one are we going to go to this one, that one it's like yeah dude. I have no idea the markets go up and down all day, but pop a couple. Moving averages on that bad boy.

Let yourself know in directions: it's going and uh tell your mom, you love her, should be all right, all righty, so uh uh yeah. I uh. I think that's, that's that's about it all right. You guys have a good one.