Hey guys good morning, welcome back to the channel sorry about that. First, video, not having sound. You know, story of my life all right, so market had gone oversold. We're bouncing the nasdaq really is not that bullish until it gets over 341.73 and the spy really isn't that bullish until it gets over 435.97.

What i mean by that is, you know, we're in a good bounce right now, but unless the market actually gains acceptance above that, then you're not going to continue to see this bounce being all that great okay. So the market has already gone oversold over the weekend. Bounced back into known statistical resistance, so unless it gets above the statistical resistance and gets acceptance above then, i can't really say your swing long right, like you're, just not going to see it swing upwards more so than what you've been seeing. So let me show you from a different perspective right when we have all these lines going sideways on the chart.

It might just look kind of awkward, but the reality is. You know this is kind of the trend of that market. Okay, so this is the spy all right look to your right. You see that green dotted line right there.

That is this line. Okay. So let's zoom in on this guy right here. Okay, so you see how the top of this candle on the four hour time frame, is tagging that green line perfectly.

That's that green line right there, okay! So when we zoom out - and you think about it now, all right look at where the spy is bouncing. That dotted line right there, that is, that dotted line, and we went through it a little bit, but just in general that dotted line here is this dotted line and this green line here is this green line? Okay? So if you zoom out a little more, maybe shrink this down. Basically, the market has sold down, we have bounced and we went right back down to the bottom and we have bounced. So unless you go over that green line, you're pretty much done seeing the bullsh movement for now.

So that's what i was saying is you need to get acceptance above that level or else probably not going to be seeing too much more long bias movement there. So for right now, if you're watching the spy you're looking for acceptance, whether it be today next couple days above that 434 price, because you can't go any higher until that happens for one okay. So for now, that's your focal point for continued bullish movement on the spy is up and over that particular price point all right. Now we're going to look at the nasdaq one of these days, it'll load.

I can assure you one of these days: okay, um. So this is the nasdaq all right, so you'll see the nasdaq is bouncing. The reason it's probably bouncing here is because this is a negative three standard deviation level and probabilities. Uh do suggest that 90.

That's a terrible 90, we'll type this one 99.7 where's. My percent percent of data exists within negative three sigma that blue line's negative three sigma, so does it make sense as to why it's bouncing okay, most data exists with a negative three sigma or 99.7 percent of the time right. So if 99.7 percent of time we exist within that means, there's a good chance. We bounce here and that's the concept right and that's basically what i teach, and so you can see that blue line here is right.

There right, we didn't fully get there. We got close right, but again statistics say that 99.7 percent of time did exist within. So it's really not a surprise as to why we're bouncing right now, in my opinion, because regardless, if there's some good news floating around, i don't even know if there's good news falling around i'm, not even looking at the news, i'm just looking at the probabilities behind The market and for now the probability say that there was a good chance. You could bounce there and now the probabilities also say that we have resistance right here and then, unless we get over that then you're pretty much not going to see much more long bias.

Movement. Okay, so i will say that in the event somehow, the market ends up having a beautiful ripping day. Then i really would not look any further than 348.59 on the nasdaq for right now, uh and on the spy it'll load and just give it a second. I promise it's one of these days.

There we go and on the spy you wouldn't really look any further than 4 42 17 right now. So in the event you get above this and it goes crazy and it rips up. I mean you probably don't want to look any further than 4 42 17 for right now, uh, but anyways um, that's pretty much how the market's structured um! We are generally in lower risk dip, buying areas based on statistics. I guess it's just a matter of how fearful everyone is.

This whole ukraine thing um to me. It's just you know typical games being played by you, know countries. You know when you like, when you and your friends are out, and you know, and and maybe you're golfing or out playing a game of basketball right. You guys might wager you know 20 bucks on a game.

Oh you got to buy dinner tonight. You know and that's what normal people do you know of our stature right. We go out, we hang out with friends and maybe we'll wager bets on. You know golf and on basketball and things of that nature.

But you know when you're presidents and - and you know, you're in control of trillions of dollars - your wagers are a lot different right. You're not wagering on a golf course: you're wagering up countries and invasions and oil and precious metals, and you know lithium for batteries and again so um. There is always a string of money to be made somewhere, uh somehow and uh. You know that's pretty much pretty much what it comes down to so again, it's hard to predict and always fathom exactly what people and power of trillions of dollars are trying to do.

So i don't really try as much to do that. It's not my job and i don't think i can do that very well, but anyways. I can tell you for sure, when i'm golfing we'll wager 20 bucks, but when you're in control of trillions of dollars. I don't know exactly what you wager and what you try to accomplish, because i'm a peasant when you think about it like that so uh to that degree i don't know folks.

The only thing i can tell you is: the market is really not that bullish anymore. Until you go over the 435 97 on the nasdaq or sorry the spy, and once this chart loads whatever that price was on the on the nasdaq too, ah one second it'll load - i can assure you um so until we get over 340 173 on the nasdaq. With acceptance you're not going to really see much more long bias movement off this push. Okay, so that's pretty much our morning index rundown video for you guys uh, just an fyi um.

You know i used to make upwards of like fifteen thousand dollars a month on youtube at one of my peak moments and then yeah i'd always average anywhere from like five to seven thousand pretty decent living. Just from you know, you know sharing what i love to do on youtube um, but you know over the months we've dwindled down to. I think i only make i'm projected to maybe make 1 200 from working on youtube, so not even basically a livable wage on youtube anymore, which is okay, so you know it might get to a point where um they demonetize and slowly. You know kind of take me to the side to the point where you know.

There's almost no point in me posting those videos for you guys. I think we have enough content out there, even if you want to go back and review a lot of my past videos, you could probably gain enough insight, but um yeah. Just from me to you guys. I've been working on my channel here for a long long time, and you know maybe it's time for a change.

I don't know, but nonetheless just just an fy. You know at peak i used to make anywhere from fifteen thousand dollars a month, doing these videos and and learning lots of this market and teaching you guys and sharing what i love. But you know it's gotten to the point where, whether it's me or or youtube - i guess i really don't fully know but for sure i've gone from 15 g's to 10 to 5 and now we're about 1240 projected but anyways so uh. So this week, we'll put in some extra effort really pushing out a lot of those live video for you guys on some popular stocks and um.

You know maybe we'll do that for another couple weeks, but you know if the projection continues to stay the same then uh. You know it might become um to a point where i'm not really posting videos for you guys anymore. So i do apologize on that front, but you know, if you put yourself in my position, um, i think it makes sense. You know so anyways, just giving you guys a heads up, um, it's very possible.

I might start a new youtube channel very, very possibly kind of blacklisted this one, but you never know again. You know we'll see, but um love you guys. I appreciate you guys for tuning in and supporting me. I've been very blessed for a lot of things that i've created and been able to do over the years.

So i'm not looking for any sympathy, but just you know stating it the way it is like. I always do. Um we've gone from 15 g's to 1 240 bucks, even though i know more than i've ever known about the market, but anyways, it's all good, so you guys have a great rest of your day. I appreciate you guys, tuning in and i'll see you in the next video.