What's going on? Guys, welcome back to the channel. Appreciate you guys tuning in. So you're waking up this morning and the Market's broken down. Uh, we'll go through that. Ah, you shouldn't really be surprised. Um, so let's jump into it. So starting with this screen here on the left, um, pretty much you guys know the system. blue over red Bullish blue below red Bears blue over red bullish blue below red Bearish So Yesterday Um, about midday, we got a bearish cross. So prior to this bearish cross, we had the CPI release. So CPI caused the market to go up from CPI. It's been this purple line that we've been following. The purple line is a volume weighted average price of the CPI move. Okay, then this was the day that PPI got released. Okay, now on the day that PPI got released, it caused the 10 SMA to break here which is right there and you can see the flush right back down to the Cpiv app. Okay, so CPI releases we get a V web The View app is the purple line. That's the Hardline support and the dip buy level until it fails. The day PPI gets released. the market breaks the 10 SMA here and we flush to the CPI anchor V web. We then bounce because those are the rules. You bounce it until it doesn't work or until you get a bearish signal. So we bounce and we roll over again into yesterday. Going into yesterday, we create a bearish cross. Since we create a bearish cross, we anchor the V-wap to the 10 SMA break that leads to the Bearish Cross that becomes our new Bearish Cross V-wap cell level. So the same way, the CPI Bullish Cross View app is our dip buy. We got a Bearish Cross right here. and now the 10 SMA that leads to the Bearish Cross becomes our selling resistance. Okay, and ultimately, as you take out the CPI View app, we flush. Okay, so pretty much it sucks because this is what I stay up late nights for and study and all this stuff. and I missed this one. Arguably it's because. well I mean I was bagging leaves and working on my rental property which one day will will eventually end. It'll be in front of the computer more. Um, but yeah. I mean ultimately, um, this is this is the strategy. I mean I mean I'm pretty much just taught to you guys every time you get a bearish cross or a bullish cross. Anchor Review Web to the 10 SMA Don't be a jackass. sit on your hands, do nothing until you get a test of the Anchor View app and then you'd add short. Those are your intraday players taking it short and then these are your futurist traders to get a piece. Options, Market equities, Market futures. Market Each single one of those markets is an industry. There's courses that are sold. There are Brokers that make commission and charting softwares, so each one of those markets and the participants in that market are generally going to be provided opportunity because if they are not, then no one's going to make money. The Brokers can't scam you out of money from commissions the market makers can't Well, it's not really do the market members. but yes, Brokers can't scheme commissions. Okay and Brokers will would lose clients or clients would go here or go there however you want to put it. But at the end of the day. all right, the stock market is the same as the Apple Store. It provides a product and there's multiple different products ranging from options, equities, Futures All this blah blah blah blah. and each one of those markets in order to keep churning retail money and churning business has to obviously provide something either a product or service or in the case of the stock market, a move or a play. So um, that being said, uh yeah, I mean that's pretty much you know. one of my main go-to strategies. wait for the bull Bear Cross Get the first tag into the view apps and that's going to be generally your lowest risk, highest probability, highest reward trade and it. So if I could take you back here. All right. So this is the CPI release day and if I was on a one minute chart, you'd see we actually get close to a tag here. This isn't populating correctly because it's on a five minute, but really I'd be anchored down here. but it's close enough for for this purpose. But ultimately, what? I Just say when you get a bullish cross, you're tags into the V web if the cross is legit. If it's a legit cross, it will be respected. If it's a false one, it'll It'll be respected and then you won't flush. and then you create higher lows. and then you get a little grindy and then you want to break it back up over it so it doesn't work perfectly every single time. Um, and the times that it doesn't, you generally still get a respected move off of it. but if your opposing side is still too strong, then we'll break it back up. But in this case, okay. CPI Release Lowest Risk Highest Reward up Lowest Risk Highest Reward Lowest Risk Highest Reward Okay, and this is all basically momentum Trend Trading At this point. Okay, this one got close. Not quite. but we'll just say pretty much right. Lowest Risk Highest Reward Okay, we hit the deviation resistance. PPI Break 10 SMA Snap view app Lowest Risk Highest Reward Okay, then here we create a bearish cross. So now we anchor this to the 10 SMA break from the previous day which gives us our new anchor V web going down. So now you'll be in a battle from what was the old bearish cross from back there. So back there or sorry, the bullish cross from PPI all the way back here. this is this V web. Okay, and then this Bearish cross. Here is this: V web attached to that tennis that may break. So what you're looking at uh, yesterday is a, um, pretty much you know we. We topped from PPI tested CPI into yesterday. we rolled down tested CPI created a new bearish signal on the market here, which then allows us to create this V-wap Okay, and this V-wap is created from that break. This becomes our new hard-line selling resistance trading against the old Bullish Cross Hardline V Web Support So here is your Channel and whomever breaks that channel wins. But Ultimately, here's your Bearish cross. Your V web now becomes your lowest risk. Highest Reward Entry Entry: Highest Reward. Okay, continue over. We pop it a little bit. but ultimately, these are the futurist. Traders Getting a piece of the market, right? So these are intraday, blah blah blah. This is the overnight session. Whatever, right? Everyone gets a piece. Typically not always, but there's your break over. you know, whatever you want to call it, but still ultimately tests this level Entry: I Mean you could even have been buying this, right? But you know that you're battling between the two lines. so like getting short here. If you're short here, you know that you still have to break that, so if you got short, you could just take some there if you want, right? And then if you got long here, well, you know you're not going higher. So you get over that and you got Defenders right. And if you go here and so you know you're you're battling these volume weighted levels. Okay, leading into today, what happens? We break the Cpiv and does the market flush. Yes, so this whole entire week as Traders which you know there were some shorted this top this day and then the market came to here and then they got squeezed. Okay, and then this day when the market was selling down right and they're very gonna break down. Well I knew that. Either way, there's no flush in the market until you close or get below this. Okay, and the following day as the market slams from here down to here I know you're not going to break down until you go below this. so it's just a pull back to this and they could squeeze again and then here this is a CPI pop. This actually breaks the 10 SMA in a way that could create a downtrend potentially. but we still haven't created a lower high which happens here and kind of like through here. So theoretically this is still up, but you can see the early cracking signs from this big flush so this is still support and you can see bounce. But this time we create lower high instead of up up higher high higher High higher high higher high you create high snap flush support lower high start of a potential downtrend. but the downtrend doesn't really mean until you get below the volume which happens below the purple based off of the new bearish cross volume entering the market and Flushing so there's distribution going on up here. as we talked about about a day ago, this was the bearish signal and these are low risk entries to trade. that new flush which I missed yesterday and actually I didn't really miss it I did put a trade on, but I put it on a little early because I was testing out a slightly different V-wap Um so I'll put and that was done in the small account. so I will come back later today and post that. um I just got home really late last night so I didn't but there was a trade that I did in the small account I lost I think 66 bucks. Um, but basically I was trying to trade my strategy which is pretty much first attempt into the V web sell short I was selling here and I was using um, what was I using I think I might use the PPI view app but it was I was really testing something new. Um, but generally speaking when I stay up at night and I trade markets for an on-demand and back test strategies I Trade for hours and hours and hours And hours and hours and hours and hours. This this right. here is typically where I would try to get an entry based in. like this situation we're seeing because that's my strategy or that's the strategy or based on a couple things. I Do This tends to work really well. It does fail at times, but you just have to not be a complete and then it'll be fine. Um, and so as long as you repeat it, Repeat it. Repeat it. Repeat it. Repeat it. Repeat it. Repeat it. Repeat it. Repeat it. Repeat. Same size, same size, same size, same size, same size. you'll eventually lose. But it's fine, right? So you treat every single one of these exactly the same as you would the previous time before. and you don't think that this one is better than the next and then take more size? Um, because the time that it doesn't, Then you. you get right. So, same size, same size. All right? So um, yeah. so we snapped the uh, the Cpiv web. So you're definitely not. Uh, you're not bullish in this market in the sense that you're just gonna like rip right away or whatever. So pretty much we know that the trend will not shift back to positive until the market gets back Above for one here to here, but ultimately just the 50 SMA So look where the 50 SMA is at when I make this red line. So the 50 SMA is all the way up there currently. All right. So until we're over the 50, SMA we're not bullish anymore. And the new bearish volume weighted average price is now 396.97 The old volume weighted average price support is 395.50 Old support becomes new Resistance. So in the event you see the market bounce all the way back up to this level, so you know the concept of old support becomes new resistance. Another way of thinking of that would be everybody that was buying these dips and these bottoms and this whole move up their average ownership price is here. So now they're pretty much all underwater so as they get back to break even, they're gonna be like oh, that was a close one thank God and they sell And that's kind of the psychology of the old resistance becomes new support. but understanding it from a volume perspective helps you, helps it make more sense. Um, because if you were to break down what you thought was support and then it goes back up to retest what you thought would support and now should be old resistance and it doesn't work, it could very well be because you're not. It's not. It wasn't really the true support right, or in the sense that it doesn't have significant volume attached to the support that you thought would support. So based on, you know, obviously what I'm showing here, looking at something like this, um can give you a deeper understanding of old resistance or sorry, old support becoming new resistance based off of, um, respectable volume that the market uh has accumulated over this past bullish move. Okay, there's a couple other random things in there I could toss in, but uh, so that's pretty much what we're looking at with V webs and volume. Okay, um, the next thing that we'll talk about is statistical probabilities. We'll start here and this is the bigger time frame. This is the weeklies, so these are just weekly ones. So pretty much the statistical flow that I say to myself and I teach you guys in videos that I think helps is just as saying where when we break one deviation we go to the next and when we break this one we go to the next. Okay, and then once we would hit here. there can't be a true breakdown until you went below the half deviation. So this is just a pullback and if you break above this one, you can go to the next right? Etc And that's kind of the concept. Um, but you'll see that that the Market's pretty much just trade and channel from into deviations and things like that and they stay in between them and so on so forth. So um, let me put this on. uh, a different. Yeah, let's do that all right. So looking at this screen here now, it'll become even outside of even outside the V web right? So even though I showed you this V web and said like this has been support you know over the past couple days trending support right? So this is a volume weighted average price trend Support: I Use But at the same time, what else do we have here? Statistical Probability Support Doink So that bounce here. remember the day I'm like we didn't actually go to the Vyp rebounced here I Still traded this bounce that day because we were on the statistical probability. So remember what the statistical probability when one level breaks out, we want to go to the next. But each one of these breakouts is a breakout. And what do breakouts do Like to retest the breakout? So if this is the breakout, that's the retest. Okay, FYI this was resistance. We broke it out. We may have done a quick test that day, but there's really been no corrective test into that level. Is this going to be the corrective pullback test? So that's and just just yesterday we talked about the markets fall into 389, um, and then arguably down to 386. So pretty much at this point your Target in the market is now here. Your expected Um resistance is here because this was the statistical probability. kill top, lower high Trend Down, Break a support. Okay, that's your target 386 in my opinion. There's a couple things that, uh, are before that and I'll show it to you here with this chart. Come on, sorry, my computer's kind of loading or something. All right. here goes. Um, so pulling up the Spy chart, you will see that there's other probabilities in the market that we pay attention to as well. So this one includes a six month. so the one behind here is just weeklies weekly. Trend statistics And this chart here is a six-month weekly and daily. And so you will see that this little dotted line here, that's the six month Trend that's coming up at 389.31 So in my opinion, it's a guarantee. the Market's gonna hit that today. Um, that sounds kind of crazy to say that. but I I almost guarantee the Market's gonna go there. and if it doesn't, guess what? I don't really care because what does it really matter at the end of the day and the markets are going to keep doing this all day, every day tomorrow next week. So even if it doesn't happen today or a guarantee, what? I Really don't care? Okay, I'll still make another YouTube video. That being said, to me, the weekly levels are the strongest. uh, the most magnetized. But that does not give you nor me the go ahead to disenfranchise any of the other statistical levels. Okay, just because we see and know that the weekly is most magnetized. Most respected. if you may, we can't disenfranchise, or um, put less uh, or or not enough weight on these other levels too. They do have purpose and meaning. Um, so that being said, I'm just gonna say Mark is going to fall at 389 today and then we're gonna go to 386. Um, now how So yes, I think the market overall is magnetizing itself to 386 and then along the way there will be Fibonacci sequence of events that lead it to that price point. So it's it again. markets don't always just go in straight lines, straight moves. A lot of times they'll go down, then they bounce up and they go down and they bounce up. And then they go down and ultimately create this move. So along the way there are Fibonacci sequence of events that play out that cause pops and moves and higher lows and lower highs along the way in a move. And so that is what's going to happen. probably on the way down and then as we get to 386 I Would suspect that 386 would probably probably put up some sort of offense for a bounce. Um, so so let's say Market does fall to 386 and then you see like a big volume candle, come in and you get a five minute reversal candle. Then yeah, you probably would look long biased for some sort of intraday bounce there. Um, if the market had got into a specific Fibonacci Target at the same time you got the 386 and you saw a reversal candle, you would trade long. Um, yeah, yeah, all right guys, have a good day.