What's going on, guys, welcome back to the channel. Appreciate you guys tuning in yesterday. The FED raised by 50 basis points in every news Outlet is saying Breaking Breaking It's breaking that the FED raised by 50 basis points. Breaking news.

No, it's not breaking news. We knew about this over like a month ago from the last meeting. They're probably gonna raise by 50 basis points so nothing is breaking about what has happened. There is no breaking news, Nothing that has happened was unexpected.

Everything that happened was expected. so there's nothing breaking about what happened. Okay, that being said. um, the market has broken the 50 SMA today or well, yesterday pre-market after hours yada yada.

So what's that mean? It means you're bearish. So that means the title of today's video will say CNBC Uh has said that the market has given a sell signal which is also similar to Major news outlets saying breaking news when there isn't breaking news because CNBC didn't actually tell you the market gave a sell signal during after hours. but I did and they never will. And that's why the titles of the videos are the way they are.

So CNN Fox CNBC Every mainstream media outlet has now told the public that the market has given a sell signal. Um, in after hours trading. Uh, today? Okay, they have done. It's amazing.

The sort of service that they provide to you guys. Um, really? I really cannot thank CNBC CNN and Fox enough? Uh, for telling me that there's been a sell signal in the market I Just I Love their cooperation, um, and their drive to help the retail investor. So let's talk about this sell signal that CNBC is talking about. All right.

So you see his 50 SMA blah blah blah When the Market's over, it's bullish. When we're below, it's fair. So we're going to put a horizontal line right here and then that is going to be the reference point from when we go and look at. sort of.

uh, the pre-market chart. So screen to the right. gonna go and click. spy.

Change it over to the Spy and so again, look at. look at where the market drops. see that how the candle gets slammed down here. Where's the 50? SMA Remember the red horizontal line is the reference point of where the 50 simple moving average is at.

So now we're going to go look at like five day one minute chart. get a little more detailed and there you have it. Oh or not, or just think or Swim doing some some dumb things all right there we go. So there's your 50 SMA right there and I can even put some text there.

make it all pretty gosh. I Just love CNBC for telling me this. Okay, there we are. So there is your 50 SMA breakdown.

So the market is bearish. We are not bullish unless we get over that price point. All right. So that's pretty much it.

Um, the market is bearish. You are bearish. Anything that bounces is a counter-trend bounce until it's over the 50. SMA So we will continue to sell the pops, trade the market down into lower statistical probabilities which right now is 390 90 on the spine and there's a couple other ones on the NASDAQ and blah blah blah and I could go into Anchor View apps and I could do this and I can do that.

But I'm just going to make things simple and just say you're bearish or you're in cash. That's another thing. You're not necessarily always bearish. When the 50 SMA breaks, you don't have to trade bearish.

You can go to cash, right? So like yesterday, you were long the market and then it broke to 50. SMA you just went to cash. You said okay, I'm in cash and then when it broke over, say you went long again, so you're long, maybe you make some money, maybe you don't and then it comes back down, breaks a fifth and you're just back in cash and then it goes over the 50. You get long again, and then it breaks it and then you're back in cash.

All right. And if we take that same concept and apply the logic all the way back here, it would be this was the 50 SMA back here. Let's see. so this is again.

So if you take that same logic and apply it back here, that was the 50 SMA 15 SMA breaks your lawn and it doesn't break the 50 and it just goes boom. You make money, you sell something, you take some profit and you go okay. I'll sell when we break the 50 SMA And then when do you break the fifth? Yes. Ma you break the 50 SMA Like I Think you think you broke it on this day like right there I Think you broke the 50 SMA No, you didn't never mind.

that was the anchor view app. But then you break the 50 right here so you'd be like, all right, I'm out back to cash back long, back to cash back long et cetera et cetera, you get the point. So anyways, you broke the 50 SMA Your bearish. You're not bullish until you get over the 50.

SMA And um, we haven't gotten a bearish cross yet. Um, but you guys know the you know the rule when you get the Bears cross, anchor some V-waps and use the anchor V webs or low risk entry for the short sell. On the downside, and with that being said, I'll catch you guys in the next one. All right.

take care.