What's going on guys, welcome back to the channel just want to do a quick afternoon! Recap um! But if you haven't already watched this morning's video highly suggest you watch that you will see just here in this video. You can see i'm drawing this like yellow line down to the price of that 354. So we won't watch this video, but in that video i'm basically suggesting you can watch the markets bearish today down to 354. Don't look much further, then look for bouncing there and that's pretty much what i go on to say now.

I will pull up a chart. This is the same chart right same time frame just more zoomed in and obviously it doesn't have a yellow squiggly line on it. You will see the market goes down slightly below that green line, so my prices this morning were 350 354.03. Currently, this level sits at 350 389., the market dipped below that by about 50 cents today so pre-market before the market's open, we're suggesting you should watch the markets down to these prices.

Maybe look for some buying activity could be a lucky guess, totally get that which it really was. But the cool part about the lucky guess is that when we double check and fact check it with blackboxstocks.com, which is a service that can provide you with dark pool activity, which is just basically banks, interacting uh behind the scenes and short and probably saying that a Little bit incorrect, but i mean that's pretty much. What happens? They're just word is going on behind the scenes that you know us as the retail market. Don't have uh the benefit of active actively uh playing in so it's sort of a back door, uh market, but still you know, trading the qqq asset, so anyways.

You will see that the largest print for dark pool activity day on the qs ends up happening right at about that 354 price slightly below it, which is pretty much where that green level is at so very, very cool um. Then what i wanted to bring up was um. I want to bring up the spy 2 because the spot is pretty interesting um. You know we look at this and start looking at some of excuse me.

Let's look at where some activity came in today, so like right here today, so look at look at the size of the print on the spy. So the reason i'm making a fuss about the spy 2 is just because, when i pull up this chart so think about where the nasdaq top today right, you see this top and the nasdaq. Well, let's reverse that idea. You see where the market bottom, how it kind of bottomed, on these levels on my chart, but there's a top here, but there's really no level.

That's because the market top was defined by the s p 500. Today, not the nasdaq. So you see, we actually have a statistical level here in about 452-26. This is where we uh first got dark pool activity on the day, it's very small when you're looking at it to this one here so in relation to the activity, a lot smaller.

But if you stay zoomed out kind of like this right, you can see there's really three pre three places of dark pull activity today on the spy, two of which are directly at our levels right, so the first one on the day is kind of kicking off. What ends up being the top resistance for the day and then the next one on the spy happens down here, which you know is just arguably at the same price point in which the nasdaq kind of bottomed down here um so very, very interesting. Hope you guys enjoyed that and i'll see you guys tomorrow.