Good morning guys welcome back to your morning video try to record this video already, but then i realized i made a mistake, so we had to go back over it, but that's no big deal so with that being said, we're going to jump right into this one. So we're looking at a 180 day four-hour chart. It's not that you need to use this time frame pretty popular time frame, but i don't say so myself, but the reason i'm using it is just so. I can simply point out all the longer term levels and keep things a little bit more clear for some of those people that aren't looking at all the intricacies.

The way that i do, but so what i want to point out is that the market um, let's say the market, moves in quadrants right or it moves in like boxes almost because it kind of does so ready. This is a box. This is a box. This is a box, this is a box.

This is a box, and what do you think? The next move is see that flag pattern in there? That's a box, okay! So right now we're just looking at long-term statistical, weekly probabilities, okay, so pretty much what we view this is is if this flag pattern is successful and we break up we're going to basically 445 on the s p 500, which could very well happen today: um, okay, But when you look at the spot, you would say: oh that's great, there's there's no lines to stop it right, because you can see a lot of times. The market will stop at one of these lines or you get some resistance. You know maybe pause around. One of those lines, so when you look at the spy you're going, oh, this is great, there's nothing up until 4, 45..

True true, but look at its partner, the nasdaq. What does the nasdaq have right? Above it? It's got a halfway marker, okay. So this marker right here is the halfway mark from the green line to the yellow, okay. So right now we're at the 50 retracement of the negative two to negative one.

Some of you might be like what the hell does that mean? Don't worry about it. Pretty much all it means is if this is going to go up, we're going to break this on the spot from the nasdaq okay. So i would say your expectations for the market, maybe today going into tomorrow, will be the s p. 500: 445, okay, which, if you're someone who looks at something more granular, you're, going to be sitting behind your computer and you're really watching this closely.

Then you're someone who's going to be looking at the nasdaq. I'm looking for the nasdaq to gain acceptance and control over the price of call. Well, i can drive out one second over 349.36, okay, so for those of you that are driving in your cars today, uh you're, not sitting at your computer all day and you'd love to get these prices a price point that we need the nasdaq to gain acceptance. Above to see the spy at 445, arguably even higher nasdaq needs to get acceptance over 349.36, whether that be today by after hours, it doesn't matter the timing per se.

But that's the price point that the market needs to gain some acceptance above in order to see things continuing up. Okay, so now that we've covered some of those longer term perspectives and prices, we're going to dive into the more granular view. So for those of you that are sitting down behind your desk all day or you have the time to watch this or those just simply just want to learn a little bit more we're going to start jumping into a lower, lower time frame here, which we have To do a day, we'll do a 30-day five-minute start like load a little goofy for a second and apologize okay. So now that we get a little more granular, all right, you're, seeing a lot more lines.

Okay! So now, when we look at the spy we do actually see there is a level there right earlier when we were looking at the longer time frame. There was nothing now, there's something this something that you see right here is part of the reason that the nasdaq or sorry the spy kind of stopped there. Yesterday we got over a little bit, but you can see in another. Let me just show you that really quickly, so the reason that the spy top yesterday uh, where it did is when a bunch of people decided it should be the top and started selling it.

But nonetheless, sellers found themselves coming in at about the price of 438.46 you'll see the market ran up out there pull back. Then we did a flag pattern tried to break it out, and then we pulled back to it. Pushed off it pulled back to it. Pushed off it pulled back to it pushed off it and then we started going under and then we could not sustain and down and then you'll see after hours.

We push right to that level and get rejected, and now you will see we've just gotten above it pre-market. So now we know that the spy has broken above its six-month pathway marker which i'll talk about in a second. So as long as the sky remains above that six-month level, we should just anticipate that the nasdaq is going to creep up to about 349.36, arguably 350, because as the market opens, this will probably adjust upwards. Since we had upward motion again, that's something that i should talk about.

You see how this level is at 349.36, where you see how the market's trending up. So that means that basically, data is going to the upside. Therefore, these trends are probably going to recalibrate going upwards because the motion of the market is upwards. Okay, so, let's just say nasdaq: 349 36 to 350 at the open.

As long as this five stays over 430 846, which it probably will so with that being said, you are probably going to be watching the markets trend out to the upside today. Our first goal of the market is going to be nasdaq. 34936. 350 best case scenario day we're going to see 445 on the spot.

Okay, now something i want to talk about here - all right, which i talked about the other day, but we're really going to hammer this one in because i just want you guys to see things. The way i see things and i'm not that i make trillions of dollars trading and one day. I hope that i can, but it's all in an effort to get me and all of you there as well. So with that being said, uh through through via statistics all right, so with that being said, remember the other day when i drew a box on the chart, it said the market's kind of like a football field.

So i'm going to do that again, so the market kind of, i always think of the markets like a football field in a way, and so this is the 50-yard line actually this zone. Let me phrase that this zone right here is the 50-yard line. Okay, so let me do that this is a 50 yard line this one over here, all right, so now that you see this 50 yard line right, you know that if you were watching the football game - and it was a super bowl right just like we had When it was alliance and they're, not the lions matthew stafford that that's never gon na happen, the lions but anyways uh. So we had the rams and uh cincinnati.

I remember doesn't matter but anyways, the super bowl, so you have um. Two teams battling it out right. So you got the bears. You have the bulls right well, in order for the bulls to win, they kind of have to take out the bears in order for the bears when they have to take out the bowls.

Well, this is sort of that halfway marker and if we can get over like basically what we're already over, we should try to trend out to about 445 okay, and so the reason that we should try to trend out closer to 445s is because we have already Been dabbling in this lower distribution area and once we break into the upper distribution area, there's probably not going to be a whole lot to stop the momentum from going all right now, the other thing is ready earlier. We'd mention that the market - or maybe that was a previous video, but the markets like to move from solid greens for solid levels, solid, colorful levels to solid colorful levels, okay, and so these solid colorful levels go from here to here and from this one to that, One all right so once you get through the halfway mark, there's really nothing until you get there right and then once you can get through here, you would normally trend to about there. And then you see some pullbacks and then you go on because the market just does not move in straight lines. Okay, so what i want you to view this, as is whenever you come and use this, and you see a lot of gray lines in your chart.

Generally, that's the halfway marker of the move, and now i'm going to go back and i'm going to show you this four hour chart. So we can do it like this. The market generally likes to move in boxes in a way they're, not truly boxes. I just say that, but it helps me rationalize it, but you can see from this line down right.

That's that's a move and then from here there's a move and then from here that's a move. Okay and then, when we go back up, you can see we move from here to there from here almost to the top of those ones all right, and then we break down. We go from here to there and we break and then we bounce up to there but anyways we go from here to there again and then we break this one. It's down to this one and then break this down to this one, and then we break back up.

It goes with this one and it's so that's the way that i'm viewing the markets. Okay, but but here's the thing before you go from here. I'm sorry me phrase that before you go from now remember that the market likes to move from the solids to solids and the gray ones are the halfway marker. So realistically the move is from here to here and here to here, but along the way you always have the 50 yard marker, okay and then, if we were to shrink this down, let me redo it like this, so we'll do from here to there and here To there from here to there and then if we have done the full move, would be from here down to that blue one, and you will see along the way we always kind of have some hesitation at the gray lines.

Okay, so when we go back and we look at that 30-day time frame which we adjust three days so now we go back, we do it like this, the move, actually, i can probably catch it. Maybe if i switch it to 10 minutes, i can do it. I'm just having some fun today, so hopefully you guys are enjoying it hanging out with me still all right. So if we look at it like this, so this is start from green.

That's the move. Okay - and this is the halfway marker, which generally gives you hesitation once you can surpass trend out - okay, just like here right, you see when we first broke up and pull back and help this space right here had nothing trend out. Then we finally got to kind of the halfway zone. Remember, let's draw the halfway markers by markers.

What happens? Hesitation, pull back hesitation, pull back and then eventually we have a flag pattern. Nothing once you surpass the 50 retracement of this cycle move. You should turn down to about there and uh, so i think that's, that's probably all i'm gon na say here, oh yeah, i mean at the same time. You know you have to look over here too.

Remember we have green, yellow this here is your halfway mark. Okay, the spy is not going to go there until the nasdaq gets all the way through all of this granted. If the spy is ripping up, then the nasdaq probably will cruise through that pretty easily, but that is a concept also, here's the other side of the coin. Let me put this on a 10 minute all right, so here's the other side of that story.

Um. You could very well have some people remember how you you've been taught this right when resistance breaks, then the market goes well. The reason that this resistance is here is because the halfway marker is there right. These tops are not created at random.

Remember that the tops are not created at random, okay, you know why you know that when resistance breaks, things can go big right. You know that, but now you know why the tops are coming in where they're coming in halfway marker, we are at a 50 retracement level from the greens to the yellows. Before going all the way there, we usually stop and then go and consolidation is what creates patterns and anyways so um, so yeah, we're probably looking at some bullish movement here in the next couple days, is really what it's looking like to me. So for what it's worth, i hope that helps you guys.

I hope you learned a little bit something there and i will see you in the next video everybody take care.