All right everyone, good morning. Well it's about 9 00 a.m We've got 30 minutes to the opening bell. Not a lot going on right now. A couple small trades so far for me.

I MMX is our leading gapper. Pre-market high is 269, but it's pulling back right now. Seems like a pretty decent number of sellers 20 Moving average on the one minute chart is 231. I think we should see how much it pulls back and then decide whether or not there's going to be a dip opportunity on it.

So that's IMX Currently at 47. pulling back just a little bit off the the highs there. The low of this pullback was 35. we'll see if it's a bear flag and we stare.

Step down another leg. High volume on that sell-off Earlier we had Mdxh, which at the time was the leading gapper. You got a nice pop on it, but it didn't hold that level. It's pulled back down now to 889.

sort of like the PSI from earlier in the week. It may be worth keeping an eye on just in case it does try to curl the way Dpsi did. So Dpsi had this pot pulled back and then curled at the open. So I think it's worth keeping an eye on, but I'm not sure if it's going to give us more opportunities.

I MMX This one is holding up better between the two, but is currently below its volume weighted average price. and it's below the psychological uh, support that the half dollar was forming at 250, so that's a little tricky there. G-e-t 21 Gap Eve x 19 Gap Mdxh only 18 Gap So you can see we don't have a lot of big gappers today. Bbpr gapping a bit, but volume a bit on the lighter side there as well.

Thank you for those tuning in for the morning show. Appreciate it! I Hope you hit the thumbs up. So I'm hoping that we get some continuation on IMX since it's our leading Gap or that would be nice, but we may not. There is news out on it.

It's a stock we've traded in the past, but 200 moving averages a little on the close side, so I'm not sure if it's going to really open up too much more we'll see overall. Market S P 500 Bouncing a little bit this morning. double bottom on The Daily right now at about 385 so we'll see how that level holds. foreign.

Okay, so I think it'll be important to watch. Here is how well it holds this level: I'm going to add back at 53 and now looking for the break through 60. So watching IMX over 58, there's 57 on the ask adding a 58 adding a 59. Now looking for the break through 60.

this is our five minute setup. five minute candle breaking higher which is good. so let's see if we get the Breakthrough 61.62 and it squeezed back up to 65. I Think it is the most obvious today.

so I'm just going to leave an order to add at 65 and 70. and see if we can get that squeezed back through the high of 69. this right now is a micro pullback on the 10 second chart. there's 59 looking at 60.

so nice job For those that bought the dip off the 20 moving average, almost picture perfect. I'm looking to add 6364 as we get this extension. they're 61 on the Ask 62 61. So we're holding over the volume weight average Price High This candle 62.

I'm going to put my new order at 65. you've got a little bit of churn on it, but what you got going for you is it's the leading gapper so there's a lot of eyes on it. So watching down in here to see if we can get a dip trade for the Breakthrough 65. we're going to watch this one minute candle and then first one minute candle to make a new high is going to be the next setup.

So in this case because I got a nice entry down here I can hold through the one minute pullback and then I can look to add for the first one minute candle to make a new high for the retest of 270 269 270. So we look at the high of the current candle which is 60. we've got about 20 minutes to the opening bell added at 57 trying to time first one minute candle to make a new high, this candle is closing in three seconds with a high of 60.. So now watch 61 62.

adding at 60 right there and now we're looking for that extension through 63 and 64. took a little off the table at 58 New Order is at 50 to buy support off psychological, resist psychological support. Low of that candle is 50. this went to 63.

It didn't break to new High So I took some profit off the table high this candle low 50. added 55 to buy the dip. foreign. There's 56 taking some profit at 56 and 57 off the 55 tip.

Unfortunately, this is a price range where I'm going to be churning shares quite a bit if it doesn't break out and make quick moves. Now we're going to be looking for an ABCD pattern on the fives foreign. So buying off of psychological support average is 51. new orders at 55.

I don't know moving the order up to 65. nice bottoming tail on this candle. See how it dipped down and then came right back up? So I've got that bottoming tail there. The high is 63.

New Order is 66. taking profit there for now. Can come back for another trade in a moment. So five minute chart High Volumes on green candles False breakout on this red candle.

A bit of a false breakout on this candle as well. Five minute candle has 90 seconds left on it. Foreign. foreign just looking at what I sort of see as psychological levels so you know if I see it break certain levels, That's where I'm thinking okay, this is bullish all right.

So this red candle is formed really for an ABCD pattern I Can't buy until this current five minute candle closes which is another four minutes away. Thank you. Mdxh is pulled back quite a bit I Think it's still worth watching to see if it pops up at the open like Dpsi did. Jcse popping up a little bit but very light volume.

This candle when it had that big sell-off was 1921. so no resistance until 1921, but it's a tricky one. So right now on IMX you've got a little bit of a problem, which is you've got this red top that was 69. You've got this red top which was 63 so it's clearly had some resistance in those areas.

but you also have support at the 20 moving average which is tested once and then again a second time there and held. You've got it coming up to right around 250 and you've got the volume weight average price here. so we do have risk of it breaking. To the downside of course is you know you would for any stock.

but we do have 10 million shares of volume with a 7 million share float so we already almost have two times float rotation. So I think it's worth watching to see if it holds around the half dollar 250. so it feels like it's kind of coming down right now and I want to see? Does that present an opportunity to buy off this level? or does it flush? Because if it flushes and breaks below 250 and can't get back above it, that's not good. But maybe it can, Maybe it'll dip and pop right back up.

So let's just watch this area here. The previous low was 49 so let's see as it keeps kind of hitting sellers there. If it breaks or holds, there's 52 on the bid. there's 51 on the bid.

So you know what? Once again, we're kind of testing this level. Foreign. Yeah, we and we saw 40 000 shares. uh, seller earlier at like 23..

So it does seem like there's some sellers stacked up on this and I don't know if that's you know Insiders unwinding profit there. they were already ready to go. or if it's don't know, it's actually trading like a heavier float. So there you've got a red false breakout candle.

You've got 50 on the bid 48 47. So I took a quick dip at 46. let's see if this pops right back up over and and it it did to 54. that's not bad.

So that was a dip trade and I'll take a little off the table. That's not bad. Uh, that was a 20 000 share dip trade holding 6 000 shares still. so we did get the dip.

Now whether it's gonna hold I'm not sure, but that was a nice dip trade. Okay, so now I'm gonna watch the high of this candle at 50 yay and move my order up so we're back over. I'm adding here because now we've reclaimed psychological support and I'm adding at 60 and we're going to look for 62.63. So there's a little profit coming up to that level holding now 11 000 shares.

So the ABCD pattern is telling us that the breakout spies at 63.. So I'm going to put my new order at 65. just that gives it a little bit of an offset. There's 61.

watching for a dip high volume green candle is good to see high volume here. 680 000 shares. It's a green candle. So now this candle might form a one minute micro pullback and then we're going to look for the trade through 63.64.

Thank you. Still holding at 255 average. watching the ad as it comes down, seeing if I can get a retest for the dip added at 57. looking for a first one minute candle to make a new high through 58 and 60..

So now watch first one minute candle to make a new high high this candle 62. So I'm going to add up here for the Breakthrough 65 adding at 61. there's 63 adding a 63. now we're going to look for The Squeeze on this through 65.

foreign into the open. What we want to see on this: I'm adding at 61. I'm looking for that squeeze through 63 64 65 as the ABCD pattern breaks out to the upside. I'd like to see a Quick Squeeze up to 270.

Watching to buy dips. This is our leading gapper today, so it is the most obvious stock, so we have that going for us. New orders at 265. hi this candle 64.

so let's watch 62 and 63. and those are just based on kind of these recent highs right here. so they're 61. Thank you going flat for now taking the loss on that trade as it pulls back on this candle.

I don't want to keep holding sold at 55 average or 56 average. The problem with this I may get a dip trade off of 50, but one of the problems is this candle only has 30 seconds left. Partial fill at 53, but only a small size. Reminder is always that trading is risky and my results are not typical.

There's no guarantee for success in the market, so take it slow. added at 52. there's a buyer at 50. So that candle closed green here with a high of 64.

about four minutes to the opening bell. Profit on that little dip trade. Oh, it's good that we have high volume on green candles, but it has certainly struggled up in these areas. Dip trade again at 47.

same thing as before looking for bottoming tail candle. The low of this candle was 45. Foreign looking for the breakover? 251 I Want to see if we can reclaim the psychological support and be a double bottom off of 50. there's 53 good profit there.

a couple hundred bucks foreign. so we've got about two and a half minutes to the opening bell. You know. got some trades on IMX but nothing.

nothing outstanding. A lot of churn in this area. We've been in a range of 235 to 270 pretty much this whole uh this whole time. So I don't know if we're gonna get, uh, more action.

this might sell off at the open we'll see. but I definitely got one really nice dip trade on it so it's nice to have at least a couple of good trades each day. Yeah, and this gives me a little profit cushion going into the open so those tuning in on YouTube for the morning show. Thank you guys for being here.

We're gonna end the morning show in just a moment I Hope you hit the thumbs up if you enjoyed this broadcast. I'll be streaming again. Uh, of course next week Monday morning. Hopefully we'll have a little bit more action this week.

Uh, we did have some action it's a bear Market but I managed to get green uh, four out of five days and then had no trades on Monday So that's okay. Uh, still a good week. But reminder as always, my results are not typical and trading is risky. so I encourage you to take it slow if you want to keep learning.

I'll give you two videos to recommend. There's um, price action trading strategy right there. You can check that out and my simplest trading strategy right here. So if you want to keep learning, check those videos out and I'll see you first thing tomorrow morning Monday Morning Foreign.

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