What's going on? guys? Welcome back to the channel. Appreciate you. Uh, tuning in so we're gonna get ready to kind of cover the markets. So pretty much this was our last bullish cross.

We broke over the 50. So from this moment in time, you are bullish. You're not bearish. You will not be bearish the market in terms of expecting Trend down until you break below the 50..

So like yesterday, if you're bearish on the top of the market, you're bearish because it's overextended and you're just shorting a pullback in the market. But you're not necessarily looking for a bearish trend in the market. So again, remember a bearish cross and a break below the 50 would dictate bearish moves down or Trend down. Coming over to this chart, yes, there's a ton of lines.

We pretty much just know this red line to Blue Line is low risk. Dip by Zone doesn't necessarily look like we're going to get there today. Maybe we do. Maybe we don't Doesn't really matter.

Bottom line is this: These two uh levels, the red and the blue are going to be a low risk dip by Zone and the trend does not shift bearish until we get below. uh, the red and the blue. So basically when the market rolls over or it sells down and it goes into the red and Into the Blue you get long into that zone when it comes to the first attempt of breaking it. So the first dip into the red and the blue, you buy along.

If in the event, the dip bounces and then rolls over eventually and breaks the blue and the red, then the Market's going to flip better. So that's pretty much what's going to happen. Okay, so the last thing I'll talk about here. Not really.

Yeah, well yeah, pretty much like the last thing in terms of no, maybe not. but we'll see. uh. but anyways, first let's go to a daily chart.

So the high a day if you follow me on Twitter Basically I said don't be long biased on Market anymore. we are about four or seven a little bit before 407 I said stop being long biased the market. Now the reason for that is because we're coming into the Top Down Bearish View app. Trend Which basically means there's no point of being long.

So again, tracking the top down move. So this is where the market top lasts. We've been trading down if we track the volume weighted average price of this entire Bearish move, that's going to give us this yellow V web here. So tense we have come down, we have bounced, and we're tagging that trend for the first time in quite some time.

So pretty much Market Tops rolls over breaks down. That's the retest of the volume weighted average price from the top down move. it doesn't really make sense to be buying along the market on the first attempt of re-breaking it or meeting it. So again, right about 407 Twitter mentioned don't belong, buy some marketing more and then Chop chop Chop Chop Chop roll over slam.

So basically saved your life. Okay um yep so that's that last little thing I'll talk about with the V webs is pretty much this. So what I'm going to do is I'm going to go ahead and just just pay attention to this yellow V web here this one. so you see yesterday how like afternoon.

once the market rolls over here it breaks. You can see Market respects view app, view app, view app, V web and then once we get over it, then we pop. Okay so pretty much you'll see that that yellow V web and let me take off the lower band is really zero purpose of that right now. so you can see the yellow View app that's anchored to the 10 SMA break and then the re-test So the market breaks the 10 SMA here and then it retests the 10 SMA and then we sell off right? So I have that anchor to the retest of the 10 SMA breakdown and then you'll see as the afternoon progresses that is your low risk evaluated average price trend because again breaking the 10 SMA is a short-term bearish downtrend.

Breaking above it would be a short-term bearish uptrend. Same concept as like a nine. Uh, EMA 10 EMA On an intraday chart, it's a short-term moving average market. so over it up markets blow it down.

Etc So tracking the volume weighted average price of this 10 SMA break gives us the volume weighted average price trend that we can expect. And as long as we're below it, then the Market's not going to really pop everything's counter. Trend All right. So then when it does pop, what can you expect you can expect.

the market is going to retest the 10. SMA. So basically we break down the 10 SMA This is the volume weighted average price that we're trading against when we're below it and then when we break Above This Volume weighted average price trend you can expect the market will then back test the 10. SMA So we're going to do is we're going to put well, we'll put a line there, but you can see the market hasn't even tested it.

That's because trading view is stupid. Sometimes it doesn't show price action like it should. so you can see right now. 405.45 And they purposely do this.

Okay, platforms purposely basically screw up data. just that's what they do. they. they purposely script data somehow doesn't get calculated like that's like that's that's how the scam stock Market Works Platforms don't display the correct info, some info is displayed incorrectly here, some of those.

so everything is always sort of this kind of confusion and you know it's like you're you're going through the woods with no guide and you're kind of having to piece all this together and that's the way that they make it and that that's all by. Design Okay, we launch rockets into outer space. We have satellites orbiting the Earth The military can blow up a country halfway across the world. You know, with Precision accuracy.

a satellite can look into your mom's purse, your grandma's purse while they're walking down the street. but somehow stock market data can't be accurately reported again. Scam. Live.

All right. Thank you for listening. All right. So as you break through the 10 SMA yellow View app, you're going to back test the Uh 10.

SMA So if we look at the tenants to make prices 405.47 what we're going to do is we're going to pull down this chart here. Yep, so pretty much all I'm getting at is what I say 405 47. So 405 47 is right here on the chart. so let's put a line here.

this is 405.47 right there. Okay and remember the 10 SMA view app was like right in there. so pretty much you come down. you broke the 10 SMA where do you go back to 10 or Berkeley the Tennessee view app.

you go back to the Tennessee I Don't even know I'm talking about all that. So pretty much what we're going to be doing is arguably watching downwards today because we broke the 10 SMA good run coming off that long-term view app. So you know pretty much this was the opening Gap yesterday. So that's a trend like that.

the inverse of that's going to be like that. So pretty much anything so down to 402.60 would make sense. You know pretty much what we're getting at is if we give up yesterday's Fibonacci sequence of uh, 404.50 and Market sells off, we're going to sell off now to about four or two sixty. selling off to 4026, he's going to put you back in line.

Um with the anchor Vus down like I told you before. so you look right? where are the anchor V webs price right now? Let's see on the one minute we're priced down about 402.60 and 401.98 Doing an inverse operation move with the previous day's Gap up move would bring you down to 402.60s Ironically, all right. And then also we're going to be looking at is a swing long Fib So since we had a bullish cross and we got a break at the tennisame, we could start doing a new swing long FIB which is going to look like a d. So we go from here down to about day it might be up a little bit but that's okay.

So up to 412.94 would be um, kind of the Swing long FIB destination your golden pocket of That Swing FIB is now going to come in right there at 401 24. Ironically, if you were to do the inverse operation like I just showed you, you will see that the inverse operation looking like a D so it'd be like a boom boom something like that Then it'd be like a day. So yeah. so anyways, inverse operation down to 402 69.

you have your anchor V webs down there and your golden pocket starts about four or one twenty four. So pretty much again, we're targeting up to 412s. anything. Pulling back to basically 401 412 is, you know, within the line of expectations.

you've also come into your long-term statistical weekly Trend So we know that we cannot go higher until we clear basically 407. And the reason we say that is because not because you have to clear the previous top to go higher. Cool. It's because the top was set in based off of Statistics levels.

Understand, Do you understand? See, if you look at the previous week the statistics levels were here. This week, they updated to here and here, hence why the market went up to date. So anyways, the reason the Market's topped at 407.45 yesterday is because that is your long-term weekly statistical resistance. and because if you look at your daily chart, you have run into your longer term daily chart.

Statistical V Web Not statistical but your V web trend you have j-pal speaking today. So anyways, the Rippy dippy dippy dippy Rippy Rippy Rippy zone is 401 pretty much to 402. Um and yeah so I'm not really I'm not I'm not long biasm market right now for the most part. Um, but yeah I mean I I am because we're in an uptrend but I'd be looking for the Dippy Dippies for Rippy rippies for now.

So anyways, hope that helps. Hope you learn something new. Uh, we're gonna be relaunching our uh basically our trade room reorganizing and Slash relaunching the 28th of this month. So if you guys are interested, I'll post a link and you guys will know about it when the time comes.

But anyways, thanks for the support, thanks for always watching the channel. um and and uh yeah, that's that's pretty much it. all right. Take care.