Good morning guys welcome back to your morning market, rundown video, so we're going to be looking at the qs this morning and we're going to look at the spy. So pretty much just know. That 40103 was the first long target and has been the long target. Since this bottom, so when this bottom kind of broke up and started running, the markets have really been targeting that 40103 mark okay.

So the way it sits right now with the cues is. This is support here at about 398.29 to 398, and your first long target and resistance mark is 40103 and we will only suggest watching the queues longer once the market gets over 401 and holds above it on pullbacks or consolidation or whatever, but as of right now We would only look for cues long up to 40103 because the market started here and we've gone all the way to here. So, in my opinion, we've done a full long move. Almost we will only suggest longer when the markets are over 40103 and holding all right over to the spy.

So looking at spy here, spy is a little bit different than that of the qs, but somewhat similar. So, nonetheless, on whatever day this was last week came to here, we bounced up. We did this trading action you'll see over night. Over the weekend, we have gone over the 476 trend so right now the spy does not have any resistance until 479.43 and it does not have any support until 476..

So if the queues cannot manage to get over that that resistance that 03 price we talked about, i think it was uh. I don't remember what it was, but doesn't matter whatever that qqq long target price, if the queues don't get over that, then obviously we're probably not going to see great trading to start the day on the spy. So over the next couple days we might get a 479 43, but the way i see it today is the spy won't really go much higher until the queues get over that long target. We suggested that's the way i kind of see the market.

So i don't really care which way it goes, but that's the way i see it. So i would wouldn't mind seeing the market fall out to start the day down to 476 for another dip buy, because what that would end up creating is kind of like a head and shoulders pattern inverse head and shoulders pattern here. You know, arguably something like that, and part of the reason is because we broke out right. This is a trend line we broke out, we pulled back, didn't really touch.

It then try to go again. So arguably we might need to go back and retest that breakout before running higher so anyways. I would love to see 476 on the spy today for um shorting down two and then longing off of and that's yeah. I mean that's the way i see it.

You know if the markets want to roll down to 476 i'll look for a short trade down here and then look to go long off there for reversal, which could result in a day trade swing. Trade don't really know for yet but um but yeah. That's that's! Pretty much all you're looking at for the market today, all right guys take care see in the morning.