What's going on guys welcome back to the channel, i appreciate you guys, tuning in i've tried to make this video like four or five times this morning. I just keep going on and on and on and making things probably longer and maybe even more confusing than need to be so i'm just gon na make things really simple all right. So your first price targets on the market for the downside of day qqq 379.69. First upside target 3d547 - i'll just tell you right now: one of those prices is gon na hit.

In my opinion, i think it's more likely that the market actually tries to go bullish today up to 385 47 as opposed to going bearish, but it doesn't really matter i'll go whatever direction i want to is when i'm comfortable, so uh you're, either gon na touch. Three to five 5, 47. 379. 69 on the qs.

All right, you do not have a breakdown until you go below 379.69, it's not because that's where the pre-market low is and that's where we were consolidating, but it kind of is and the reason that we were consolidating and the reason the pre-market low is here is Because the statistical trends here so these dips and this pre-market low they weren't made at random, they were made theoretically by design off a statistical level. So you don't have a breakdown to go below the statistical level. All right - and you don't have a breakout today until you go above that level, so two highest probability price points that the market will probably touch today again. The market is a game of probabilities.

So what we have on our chart, our probability levels so again, stock market is a game of probabilities on our chart. The levels you see are not necessarily support and resistances they're probabilities, so that is why the market will probably touch them or probably go to them, and that's why we explain it like that, probably because it's not a necessary guarantee. But since the market is a probabilities game, then we will tell you it will probably do that. Okay, so we will probably touch 3547.

We will probably touch 379.69 based on whatever direction markets trending right now we are trending up higher low, higher low higher lows. Pull back sure but higher lowing still so right now we will target first up 385 47 on the qs all right first target down: 379 71.: okay um going over to the spine alright! So we will talk about the spy really quickly here. So when we look at the spy, our closest probability levels are 4, 72, 27 and 463.08 to ish. So since the market is a game of probabilities and these are levels of probabilities, we will probably touch either one of these locations for the day.

These will probably be a destination okay up or down, which way. Well again, today could be a little interesting since we have uh mr j powell talking so everyone's kind of up in the air. About that you know we'll see, but um yeah i mean that's. That's.

That's pretty much just said just i don't really think i need to. I don't think i need to say much more than that. It's pretty much either 463. 472.

27.. Now, in my opinion, i really think the market should pull back. I think i i kind of as crazy. It sounds, i think, i'm i think i'm gon na go with.

I want to see the markets pull back on the spy and on the qs back down to their breakout level, retest it before we consider going more bullish and, on the day where you know mr j powell is speaking, arguably might be more of the approach to Consider so we'll see how the day shakes out. We had a great balance. Yesterday, uh, you guys have the first probability levels just in case i'll, give you like the next set of luck targets in case the market did something crazy. So let's say spy breaks.

472. 27, upside and rips faces you could maybe see 475 right, um and then over to cues um. You know, let's say market actually breaks down, and you know rips away. It's just back down to 371.

um. You know market rips up breaks 385. It would be up to 390., so you know use the average true range again thousand point. Moves in a day are not easy, so um, it's always easiest for me to give the first price targets and see now i'm talking too much, it doesn't matter conor.

They don't care, they just want to know the price targets kid so yeah. That's i gave it to him. That's probably where the market's going to go today. All right, you guys have a good day.