Hey everybody welcome back to small cap recap: i am traitor bryce and, unfortunately, no special guest ella. Today i actually just dropped her off at matt monaco's house and i'm going to pick him up in the airport. I figure i'll bring her with me, but i wanted her to kind of get used to her own setting again um, but i do not have her here with me and i'm not in the office today. Just because again same thing, i was watching ella for the majority of the middle of the day, um.

That being said very very again, just no real, huge difference on the market today versus what we had uh. You know yesterday and whatnot. That being said, i do have some very interesting watches that i'm excited for the next few days and i actually am in an after hours trade that will show you guys um. But let's you know again: we had some interesting market action today, uh in the small cap realm, despite another ugly day for the spy finished the day down one and a half percent, now kind of confirming that 400 break.

I'm keeping my fingers crossed for a uh for a bounce in the next few days here, something small, but you know we are we're down quite drastically just bleeding every day, um and if we can get even just any little bounce uh today was a very good Indication, i think we have potential for some small cat movers that might have started to bottom out. So let's just dig right on over into the charts here um. We first here have uh the spy right. This is the spine um, and so we had that 400 hold support hold for a while before breaking to new lows.

Once again: uh 393, we tried bouncing back up to 400 and it was to no avail, as we came back down to 392 and they're. Now just kind of doing nothing after hours, but let's take a look at that daily chart right where uh it doesn't have this day updated, but it would ended the day down like here. Um we're down, you know quite drastically off highs. Now this is uh.

This has been a pretty pretty brutal last few weeks for the spy, as we all know, uh, and so you know, they're we're gon na see what happens but no indication that anything's changing here. So i'm just waiting for hopefully some kind of bottom to come. Even if it's just really short-term uh, you know if we are in a true bear market. If you know the economy is not looking so hot, we're not going to find like a long-term bottom, yet uh, we're still quite a ways off highs.

Right like we and we're, we still have a long way down to go. Someone in small cap rockets asked today um, you know where's the next real real support level and yeah. We do have this, you know 390 level, but i think more meaningful is going to be. You know three 350s, and maybe these you know 370s right in here um.

But you know, there's there's a lot more room for it to go down, and this could just be the beginning of a bleed out. You know the what could be a year two years of bleeding, so be careful, wait for these bottoms. These bottoms do provide even in the like, when they're just short-term bottoms do provide a lot of great opportunities on the long side uh, and we saw today some small cap action for the first time in a while afi we'll take a look at that daily chart. Um only one or two other info actually really only one other instance of a heavy volume day and other than that.

You know it used to be kind of a real company right uh and then it's just gotten crushed down hit 14 cents the other day. So we found that bottom and actually were up over 200 percent at one point today: no gap uh no gap up right. We just had this perk um, i shouldn't say no gap up, let's go like five day. What did it close yesterday at closed at 15? 16 cents opened the day up at 17., so barely a gap um, but you know it's then we're up 20 up to 20 cents and we had some really nice consolidation period in here i'll get vwop up really nice consolidation period in here.

I wasn't watching midday today for this. I was a little preoccupied um, but i was getting my door fixed. My door was uh, my door was broken, so i had some uh contractors here, fixing my door but um really really nice move again. I mean we went from again opening at 17 cents up to let's get the calculator out and do that percent change because you didn't see it all right.

So we have let's call it 74, so 7, 74 minus 16., 58 cents, uh and then divided by. So it's up like 360 today, really really nice mover um a lot of volume and it was just good to see some potential. Obviously we didn't get any follow through. In the end of the day, i was watching for a break through that 60, as i was kind of outlining in small cap today, um mainly i i didn't actually like it for this.

If it was gon na break 60 right in here, because really the the only risk level i saw was down in the 47, so i've been having to risk at least 13 cents. I wanted to fake breakthrough, consolidate and then re-curl. We just didn't get it and that's fine um, that's all right, but it's still, nice mover good to see that potential there and i'm hoping that if we can get continued uh if we can get a bounce that will get some more momentum like this. Currently, i'm in bwv after hours from 6 21.

um. I just like this look uh the multi-day, a lot um and i'm just kind of waiting to see if they're gon na try to you know, move this after hours more or less, when there's no shorts, ideally aren't at their computer um. You can't have a stop. After hours - and it's it's been a very interesting, very manipulated last few days and what's been different about today - is that this is the only day that it hasn't just completely dumped down.

At the end of the day, it held up all day, which is much different than what happened these last two days. So i'm just waiting to see here after hours again, the structure is just fine to me. Um we're coming up on this trend break right here and i want to see if we can break through that and maybe re-push into that seven dollar area we'll see, though yeah time will tell no uh. No, no, i'm risking this just five eighties low right in here, um, very acceptable risk for me and uh.

That was the i did try it bwv in here in this area on this dip. Actually, i lost like 150 bucks on it. Um again same thesis, though, where it just hadn't broken down by the end of the day, i didn't want to hold it in after hours. I actually just did a webinar which i'll get into in a minute.

I just did a webinar for the steady trade team. I did it live for them and just uploaded it for my fellow small cap rockets. It was a very in-depth webinar um, but i didn't want to be holding it. While i was, you know worrying about that.

Um and you know not look and maybe they dropped an offering and i wasn't able to be watching it, so i'm just in it now. I, like this spot quite a bit. This little trend break right here and again, coming up on a bigger picture trend break. So know my risk level and yes i'll, be watching that tomorrow.

That is a top watch for tomorrow, uh frge, i like a lot for tomorrow as well um. I like the multi-day on this a lot, so we have again we'll go to the daily um. We have this, obviously former runner, now perking back up and consolidating it's actually, it's kind of flagging on the multi-day um volume decreasing, but we're still holding up. We kind of have that multi-day risk level and it hasn't been a a stock with a lot of volume.

Traded um. However, it's had a lot of range, which i am a big fan of i'll show you this multi-day chart that i like so much so i like that you know, we've been just on this decline. The last few days. We have this trend line here and now, more importantly, in my opinion today is we found a really consistent base.

It stopped it's, it stopped its bleed um and now i'm just looking for this reversal, ideally just through really through this trend, would be perfect. I don't see this. This hasn't ever been a gapper uh so that through this 25 you know 2530s up to really 25.50 uh through there and then see if we can break through multi-day trending, maybe re-test like a 29 or 30 dollar level. That's one area of one thing: i'm looking at the nut x is another one where we've just had.

This bleed um after going to 14 we're back down at five but same story here where we just have a really nice multi-day base getting set in um, not as clean as frge, but same story. The bleeding has stopped. We've looked to. We look like we found a base here, we're getting a lot of volume, so in my eyes, someone's probably accumulating - and that's gon na - be what i'm looking at for tomorrow see if we can break through today's consolidation or really just break over, even like that five.

Five, twenty i'd like or five time, i'd like to take a starter and then maybe full size through 5 30 kind of scenario um, but we'll see what ends up happening there. It is a stock, though, that i do like um in terms of that that set up for a potential bounce, and that would be even better uh if the spy wanted to find a bottom for a few days. So those are what i'm looking at. That's kind of my take on the current market.

Nothing super in-depth, but what i do want to talk about is like i said that webinar i just uh recorded i've been struggling as as a teacher as a mentor right. Um the market is slower. You know what then, when the market was hot, i was able to show real live examples of trades, and today we went through it was over an hour long. It was like an hour and 20 minutes, maybe of super in-depth previous um supernova, so black swan stocks and that's what i'm going to be doing for the rest of um until the market gets hotter, is we're going to be digging through in depth teaching? What exactly to look for uh during during hotter market cycles, and so that does interest you guys, i'm doing this with the steady trade team, but i'll be doing this a lot also for small cap rockets at least once a week where you're just going to learn Exactly what to look for this is the screen time that you can get in to prepare for when the market heats up again to crush these home runs.

So if you guys aren't in small cap rockets - and if you are, this, webinar was just uploaded right after market closed today. Um. But if you guys aren't there's a link down in the trial below, i am going to make sure you guys are as prepared as you can be uh for hot markets and for these great, a plus setups for these black swans. So if you're, the market's slower, you feel like you're over trading, you feel like you're, not really getting quality screen time in be sure to hit the link down in the description below to get.

Even if you just want the trial for now see what it's all about, but this is the stuff that is going to make you a fantastic trader. I'm really excited to keep doing this until the market heats up, because this is stuff that really helped me. I'm going through literally what i went through to become the trader. I am today, and i know that continuing to do it and watching you guys do it and helping you guys through it.

With my thought process on these former runners is just going to help night and day it's going to make a night and day difference. So anyways again link down in the description below for a small cap rockets trial where you'll be able to access those webinars and really get hands-on learning so anyways guys. That's all i've got for small cap recap today. Hopefully we can get frge nut x or maybe even bwv is a runner tomorrow.

But that's that's really all i'm watching for tomorrow, during the slower market fingers crossed for a bounce on the spy - and i hope you guys are trading well trading, safe trading disciplined and using this time to study so i'll catch. You guys in uh in the next webinar and then the next small cap recap, probably not friday, because we got the tui talk, show so stay tuned for that, but again, trade, wild trade safe hit that link down in the description below for a trial. Two small cap rockets and see you next time later everybody. We hope you guys enjoyed that last video thanks so much for watching and being a part of the stocks trade community - we wouldn't be here without you guys be sure to hit that like button and subscribe to the channel.

If you haven't already, our goals did a hundred thousand subscribers by the end of the year, but we can't do it without your help. So if you enjoy what we're putting out and want to hear more, be sure to hit that subscribe, button i'll see you guys in the next video.