What's going on, guys, welcome back to the channel. Appreciate you guys tuning in. So as we know yesterday, Pedo Joe pumped the market with uh, of course talking about raising the debt ceiling. So um, that being said Market Kind of went through a nice rally that we haven't seen in quite some time after some consolidation.

so just gonna pop this on here real quickly. Uh, because this is kind of one of the main things uh, we're going to be talking about again. So if you look at the Bearish all-time high anchor V web where does that price come into play? Uh, pretty much our pre-market high today. So if we zoom in you will see that the all-time high Bearish anchor View app is priced at about 416.43 um to basically 4 16.50 So we're going to do is going to do horizontal line here all right now.

What we're going to do is we're going to come over here to pre-market and you can see where that purple line comes into play right there. And that's our top now. based off of the rally from yesterday, the new Buy Signal, etc etc. that gives us a Buy Signal V web Um, all the way down here at the price of 413.89 That is where our 30 minute uh, continuation Buy Signal View app is located.

So we're not going to consider that the market is Shifting back to Bearish until we're below that level. So as long as the market sells all the way down even to this level, then it still becomes a buy Point here for me. So if the market does sell down to 413.91 414 this is going to adjust going into the open. might be a little bit higher somewhere around 14 24.

Either way, it it doesn't matter if it comes all the way down here. Still going to be looking for a long play off of this to Rally back to about 4 16.50 So until we get through about 4 1650 the all-time High Anchor view app, you can't really expect too much more explosive buying. Um, so we are in a Buy Signal We did break out the consolidation has been put in. Uh, so as long as we're over basically 4 14 the Buy Signal View app then we're going to continue trading on the long side.

Only when we start to close below and get below uh, the Buy Signal B web will we consider that the momentum is trying to shift downwards. um, a little bit. So yeah, pretty much as long as we're over uh, that 414 era, we can still see this. this sell-off that we're getting pre-market bounce, um, into a good play.

So uh, the last thing I'll touch on is realistically, um, let me just double check in this over here. Yeah, so realistically, the support on the market is 412. our continuation Buy Signal support is about 4 14.. So ideally we want to see this hold or a continued instant kind of rally.

If 414 breaks, then we could see a greater shift in momentum to the downside which at that point can take the markets down to 412 to test uh the the 50 SMA support. So the sequence of events is pretty much hope Market stays over by Signal View app we continue to push up. If Buy Signal View app fails, we most likely go to the lower distribution of this Buy Signal and or the 50 SMA. So if we add the lower distribution of this Buy Signal View app that is going to come into play at 4 12, 50.

All right, and then our 50 SMA support right now is 412. when the Market opens today with Uh the overnight move, this can very well adjust a little higher. So I don't see markets going lower than 412 if if something crazy crazy happened. but ultimately looking for a long off our 30-minute Buy Signal B Web Today all-time high Anchor View app is the pre-market high today.

Um, and you can only go higher once we get through that. Once we get through that, we're going to be targeting again up to the Uh, a gap fill of 421 and the weekly statistical probabilities at 420 44 and that zone starts at about 4 1860s. All right. So Target on Long over all-time high anchor buap is the 4 16, 80s, 420, uh 421 Gap fill for 2044 Uh, statistical probabilities Anything pulling back, we're still long bias into about 414 by signal V web in the market doesn't fully shift bearish until below 412.50 SMA All right guys, take care, have a great day and knock it to the next one.