Good morning, ladies and gentlemen, how's everybody doing welcome back to the channel just as an fyi we're going to do a lightning round today and basically see how fast we can make this video and hopefully predict the market all right. So you see this level here. That's 395.25. You see that level.

There that's 396.08. That was the projected long target overnight. We will not see anything more long bias unless the qqq actually breaks over the weekly at 396.14. So my assumption is market moves up closer to these weekly levels.

We do see a little bit of resistance there, and only if and when we break the 396 22 and hold above that, can we suggest to go longer on the day, at which point we would probably then target up closer to 397.86. Once we clear 397.86 on the qqq, then what we're going to do next is we're going to look up with the spy towards the spy's long term weekly levels, which are going to be all the way at 4. 72. 39..

So pretty much qqq already hit its long target overnight, we're on resistance, i'm assuming we can see a little bit of a pullback and then maybe going into next week, once we clear through the qqq resistance that i just mentioned, then we're going to target up to 472.39, on the downside, say we get resistance and the market actually goes through slightly bigger pullback than maybe what we're all expecting. At that point, you should just expect that the sp y and the forward slash es, are going to take their down target down towards 460. 750., so how am i going to play today? We're going to look for bearish moves down to 460 750. If that happens, you can play a short down to here.

Then look for a bounce on the flip side. If that does not happen, basically you're just going to look long bias on the qqq all the way up and into the price of well, first right here at 395.35, once you clear that then you're going to target up to 396.15. If you can clear that then you're going to target up to 397.18 and that's the video for you guys have a good one.