What's going on, guys, welcome back to the channel. Appreciate you guys tuning in. Sorry about last night's video. I Could see how that could get slightly confusing and a little long and slightly annoying as well. So going forward I'll just try to keep things as simple as possible. Um and uh, that's how we'll do things. So today 8 30 uh you have pers uh, producer price index coming out PPI and then afterwards you got some fed speakers and after that you have real hostile. uh real mortgage, That real household that blah blah blah blah So kind of a lot of consumer things going on today. Um so with that being said, um, the market hasn't given any sell signal yesterday. We did have a pullback. sure, um, but we haven't really gotten a true sell signal. Um, a true sell signal is when the market breaks this 50 SMA priced at about 391.43 Or when the 10 SMA up here comes down and crosses the red. Then we're on to more of a bearish move and another signal that I would look at that would be prior to the 50 SMA breaking would be the Anchor View app breaking. So the Anchor View app is priced nearly about 395. Now what that means is uh well, actually the red line. So this red Line's the Anchor View app. So from the CPI day um this is our this is our volume weighted average price. So from the day that CPI happened and we blew up this is the V-wap So pretty much if I were to zoom in here you will see that this is the hard line support level and unless we go below this, we're not going to see it. and maybe even a big attempt at shifting momentum. So pretty much dip by dip by dip by. All right, This was the first test of that view app in a while which we didn't fully get there. we got close. There's another tactic that I use to um, catch that move. Um, but I won't go into that because we're going to keep things simple. But yeah, pretty much this is your Hardline support. When you go below this then you will start to see some more aggressive selling pressure. So everything above this red line is a pullback. To me. anything below it turns into a reversal. Down essentially is is the way I kind of view. That all right? So uh, today we have PPI coming out. when PPI comes out. pretty much what's going to happen is there might be a little bit of volatility and um, yeah, I mean there you have it. Uh, we're not bearish. we are still bullish. Um, we have gaps to fill all the way up to about 408. Does that happen? Sure, is four weight gonna happen easily? Maybe. But ultimately you have to get through this zone. So from 400 or 403 you have cluster resistance. So until you get through all of this, you can't obviously get to 408, which kind of sounds like a no-brainer until you go through 400, you can't go to 4 8 obviously. But Ultimately, these are statistical algorithm levels and it could prevent the move from just going immediately. Um, but concept being four weights all the way up here, last thing to do to get there would be clear the 400 deviation. Then you have to clear 40150 deviation. Then you have to clear 40309 deviation. and each one of these levels is a breakout. and breakouts Like to retest themselves. Here is an example like kind of here off. CPI is not the best example, but pretty much push. We had a quite quick pullback here on the deviation. Then we ran. We broke out the deviation. here. there's your retest, and then you move to the next deviation up. So every time a deviation breaks, there's almost always a retest and then it will run, re-test run to the next deviation. Okay, and so the 400 deviation is what we've been struggling on. stop, short, stop at it. Okay, so if we break it, you can very well pull back, go higher, hit this, have a resistance, then break it, then pull back to it, then go up, have resist, and then back down. So what I mean is and in relationship to a day like this where you had one deviation, you broke, retested, ran to the next. This did not have a deviation here here and here to run through. Okay, but this does so. Every deviation that breaks out generally wants to retest. So if you broke it, expect a quick pullback or a pullback. Then if you're broke it, pull back and broke. So there could be some interesting trading if this doesn't just magically blow through all these levels. So what we mean now is this is our cluster resistance and it can be. It could probably be slightly challenging to trade up and into that since there's so many levels there. Um, so we'll see how this kind of shakes out. Now the last thing that I'm going to take a look at here, which I think I did the other day, but I forgot the price of the I'm sorry Max that. Yeah, So right now, um, Fibonacci Sequence points to a move. a 414 move. Now that would be if the sequence of events plays out, you'd have a move to 4 14. Um, so yeah, I mean that's pretty much it. You know, maybe Max long. Overalls 4 14 right now, cluster deviation zone is going to be 400 to 403. Um, if we break that zone, if we break the 403, High then we can Trend You can't really Trend out until you get through that level. So pretty much we're just going to see if we can ultimately clear 403 and see what PPI brings. And in the event things want to go bearish, we're not going to have a big bearish move until. well, you can have a bearish move down, but the momentum doesn't truly shift until we go below this red line and or start to close and break the 50 SMA which is priced at right now 391.43 So kind of what I would look for too is if this breaks down, you would basically look for a short move from here to here and then if you break the 50 SMA then you're just overall bearish. Um, things like that? Yeah, all right, cool, have a good one.