What's going on guys, welcome back to the market, appreciate you guys tuning in once again what we're looking at are the queues and the spy gon na give you guys a price targets, and after that, we'll go through a little bit of the thesis some ta behind It if you want to learn a little bit more so for right now, we'll just give price targets. Okay, so the the first high probability price point you will touch today on the qs has already been touched. That's 385! 57.! That's your support! We'll talk about that! A little bit later just know: that's your support right now. Okay, your first target up on the day 388.76 awesome all right now, once you cross through 380 876.

Your next target up on the queues will be 391 16.. Then, after that it would be 399. Okay, now, let's look at uh the spot, so the spy. When we look at the spy, we look at this guy uh the spy in realistically you're, just looking up to 470 to 90, and then, if you broke that you would then look up to 476.26.

Okay, so here's the delia in the event the markets do their best case scenario day. They could go to 476.. Remember the spy has an average true range of about six we're priced at about 471.. So say it just opened here.

Six points up. Is there right on our upside destination target for the most part, so realistically, what i think you're looking for minimum today spy is a 470 290., then best case scenario break out and actually run a 476.26. I think in general i think 476.26 is just in general. The best case scenario whether best case scenario over 472.90, so whether that be today up chill closer to after hours pre-market.

I think, regardless. That is always going to be the move for right now, when you cross 472 90 successfully, okay and going back over to uh the cues now so now, let's kind of kind of go through this again, so once we get up and through 388.76 successfully, we would Then target to 391. now the queues, i think, have an average range of like 750. If i remember correctly, i'm not gon na double check.

I don't really care that much, but it's around seven. So, let's just say from 387, you go up seven. Well, that's really! 388 for the most part, but either way we'll go up. Seven.

Okay, so we'll go up to 395. It should be like right around here, 394. 395.. So i think, realistically, the way you watch the qs again pretty similar to that of the spy mark it up through 388.76, which is a monthly level.

I think you will then target up to 390 116 and only and if only you can cross through 391.16, would you expect that the spy is going to go more towards 476-ish and the queues will go more towards 394. all right now, let's give you some of The ta and some thesis behind that right now we're looking at a 30-day um, a 30-day 10-minute chart all right. Obviously i can't teach and tell you everything: 100, all in this short video, but i'll do my best to make it as clear as i can. So.

A lot of times i'll, look at this chart it's a six month chart gives me a pretty good understanding of like the macro environment. In my opinion, so you know the way i see it is back when we're here we went up then we went down. Then we went up and then we went down and blah blah blah blah doesn't really matter all that matters is that we were selling off so right, we're selling off to there, and then we bounce right. So that move was this bounce okay.

So we're bouncing right off support, okay and then let me zoom in so i'm just going to run this quickly. I don't want to take too long, i'm just going to go through it very quickly. I'm not going to give all the details ready. So we're going down okay and then we break down.

We bounce back up, we retest the breakdown breakdown holds. We go further, more panic right into support. Then we do a v-shape bounce. So we bounce here, okay and then we go up, we pull back and then we bounce here look at the screen to the right.

It really was just us going up and over that trend right now, you're, seeing that the wick goes all the way down to here, but a couple days ago, this trend was actually closer to the bottom of the wick. These levels update so hindsight, 2020 analysis with this system doesn't look right. It's all foresight and in the immediate, when you do the analysis, so that's why it can look a little iffy when you go back and try to review because, like oh, the level didn't hold perfectly. No because it moves.

But on that day it was pretty much right there, so yeah anyway. Sorry, i'm gon na go aggressive there, but yeah. So that's a higher low off that trend, which would be like right there. So you hit support v, shape, reversal up over level, pull back hold level high or low run to next level.

Okay. So then this was a breakout. This was a pullback to retest the breakout same as it was here: break up, pull back retest breakout break up, retest breakout. So again, we pulled back immediately here retested now, if we can get up and through we'll be off to the races again now here's the deal.

Okay, when you look left, it was just a big drop so again clearing this can lead to a nice run because there's just nothing there. Okay, it's not like! It's not like this right. This you went down and went. Did this.

This is what this move really looked like: okay, so when you're coming back up through that, what you get very similar reciprocal of the market, very similar okay. So if we can clear here, look left zinc, zinc, okay, um in in realistically! That's it! You guys can probably probably do just fine with with that there. You guys have a good one cheers.