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DISCLAIMER:
All videos or content posted on this channel regarding stocks, investing, stock trading, money, money, wealth, retirement, or any investment vehicle is entirely for educational purposes only, please do not take any of the information literally, and always speak to a professional/licensed investment specialist for any investment decisions.
What's going on? guys. welcome back to the channel. Appreciate you guys tuning in uh, really quickly. Want to recap the market considering it was a Fomc and they're going to keep rates higher for longer.
Obviously we all saw that coming even though the mainstream media was trying to tell you pause and cuts and we're not raising any again, it's usually opposite. So anyways, uh, the market tanked uh by the end of the day. Can I say that? I'm expect, uh, surprised. No, not not at all right because we're in a bearish Trend we're in a cell signal move.
So until we get a new Buy Signal we would never assume that the trend has changed to diplong continuation higher. We just assume that every bounce is to be sold into. eventually they're all counter Trend bounces. So again, let's run through this back.
On this day, we broke the 50 SMA That's bearish until the market recovers the 50. SMA You don't get a new Buy Signal In every dip that you see is just a counter Trend long bounce. That is it. Okay, so now we're going to dive into the volume weighted average price V Web system, cell signal V-wap right? This is just another tool and tactic.
uh that we use. So again, we anchor The View app to where we need to Anchor it. which in this situation is here. Okay, and the beauty of the Anchor View app is you can see It gave us a perfect short entry on this day and then going into today.
This short entry was basically this view app. so we always anchor The View app to the 10 SMA break for the sell signal it's pertaining to and that becomes the volume weighted average price. Bearish Trend down. It's another way of looking at the market in terms of the market is not going to have a big bullish breakout unless you get over that green V-wap right? So yesterday when you guys saw me post that video about the 440 weekly view app buy, we've been waiting for this.
Yes, that is entirely correct. We were waiting for that that long started here and the targets of those Longs were back to the sell signal V webs and that is also documented uh on my Twitter page which I'm going to pull up here in a second just so you guys can see yesterday. Uh, the long again was recommended at 4 40 and then the target was to be up to 444 to 445 and I just want to pull that one up real quick for you guys. Um, all right and here it is.
As long as the weekly Zone performs halfway decent, 44170 is going to be easy. That's like an intraday right away. Target Uh, and then the ultimate goal should be back up to say sell Signal V Whaps 444-445 Okay, uh, that was yesterday I don't even know what time that was 17 hours ago September 19th I Don't even know, doesn't matter, it was sometime yesterday. Uh, all right.
Basically when the markets are bouncing all right, if I scroll down here, you'll even find I Dude I post so much stuff it's not even. It's hard to even keep track myself. but you know I actually did a sweet drop yesterday. I did this huge thread uh, yesterday which runs you through like all these steps. right? Like step one, Step two, Step three. Well, it's still step two. That's step three and then you know you go into here. Step three, Step four, Zip five, et cetera et cetera et cetera.
Huge threat on that basically covering all this price action we didn't see. All right? So uh, going back to this post here, right? We can see as long as the weekly uh, Zone performs halfway decent, which was the 440. you can see here weekly. long Zone starts at 4 40.
it goes to 438.50 we bounce 440. All right. Therefore, Target should be four, four, four four five sell signal V apps. what are the sell Signal View apps the cell signal View apps are going to be those green lines in there.
So let's look at this right. Uh, one second. All right. So this here is the 440 bounds right there.
Okay, that is your low of day. Yesterday that was the weekly V web bounce we've been talking about okay and we posted the video about it yesterday talking about the weekly view, app, balance, and so on so forth. We even talked about that in a couple videos prior to yesterday or before yesterday which was leading into it. And anyway, you guys get the point right? Um, so so again, we bounced the 440 low and as we mentioned in that tweet, 444-445 should be our destination and Target like for this long, why do we pick 444-445 right? So if you look yesterday when we're getting long here and we look upwards, what are the price targets of three things: The Sell Signal View app on the pre-market chart, the Open high, low, close chart, and what's the price of the 50 SMA Okay, so we think about that and we zoom in a little bit.
the price targets or the price points of the sell Signal View app The green view app here on the no pre-market chart is 444 11. the price of the sell Signal View app on the Open high low close chart is 44458 and the price of the 50 SMA V app just above it is anywhere from 445 to you know, like four, four, four, seven, six. So we just kind of map it out as a 444 445 zone. So assuming our weekly level holds and we bounce, we target back to what cell signal view app, sell Signal View app and or 50 SMA And why do we do that? Because the market doesn't move in a straight line obviously, and we know that the market is in a downtrend, so therefore every bounce is a counter Trend bounce back to down trending resistance until what? Until we get a new Buy Signal And that comes in the form of pretty much coming up here getting over the 50 SMA and these old B webs and then you get a boom in this move that we're talking about which we're already planning for I was planning for yesterday I'm like hey, maybe we get a Buy Signal I already had price targets We're gonna go to four, four seven, four four six but we did not flip to an uptrend.
we stayed in a downtrend, right? so we just it's not that I was even trying to do that, we're just saying hey, you know what if this downtrend happens to reverse today off this, you know, fomc and whatever, then we're gonna go basically like up to there this is gonna happen but of course you know Market's saying a downtrend so that plan lives on for another day. Okay so yeah, I mean that's that's kind of like the simple version of it and it's just pretty much. you know we got a sell signal back here Market's in a downtrend until we get a Buy Signal it's it's counter Trend long back to to sell so I just wanted to clarify for if anybody you know watched yesterday's video and I was like Conor was saying it's a buy and and you know um which I did you know I did I mentioned it's it's a long down here but I just want to emphasize how we treat this long or yesterday's long when we're in a downtrend right? So this isn't hey, get long here and we're gonna just keep roaring. I mean it could have happened, but the logical thing to do is just bounce it from here back up to the downtrend resistance because again, we don't know if it's going to go into an uptrend right now. What we do know is it's in a downtrend so that's the logical Max Target of that long. and then Believe It or Not uh if I go back to Twitter I even said you're supposed to short this leg too. Ready right here Market has room up to here right? Look where I'm pointing the sell Signal View app the 50 SMA Then we first assume there will be another short lag right and then obviously go back to the charts and what do you know it has room to hear and then look for another short leg. And the only reason I knew to say that is because we're in a downtrend and I know how the cell signal View app operates.
I built that strategy. The strategy says when you bounce through the cell signal view app, you go short. That's the reason I said it because I built it I developed it. So this is how it's supposed to function.
It doesn't always function that way, but that's the general rule that you follow. That's why I say it not because like I literally I mean like and I'm I'm proud of it I'm happy for it I mean I love it that that's literally why I developed the SMA sell signal Buy Signal V Web continuation Trend all that. that's literally why I developed it and use it right. and when I say developed it I didn't develop the Anchor View app I didn't develop Smas Um I didn't develop view app What I developed was the logic an approach in behind in how you apply it to a chart in a specific way like you're seeing here that then provides that short leg and the bounces.
And these targets uh, efficiently, effectively and consistently. So yeah, that's that's it. Hope you guys enjoy. Catch you in the next one.
Great video, do you have a telegram by any chance?
Learning these predictable moves helps me have confidence in upping my quantities for more profit. But not being to egregious about .
Thanks for the info. keep up the good work!
Thank you Connor.
Thanks for awesome info
Thanks
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I was on the right side of the trade today but didnt hold my put long enough, theres always next time though. Keep up the awesome info Connor. My targets need work.
bro you still have the Ukrainian flag on your twitter profile.
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