What's going on guys welcome back to your morning market, rundown video, absolutely crazy, move in the market! Don't want to take a bunch of time talking about that um! You know. If you haven't already, i would recommend if you're on twitter, maybe just take a peek at my twitter page from yesterday. We kind of give all the updated targets and things like that going into the day, you know usually do a decent job so and you can totally learn a lot from it by looking at the levels and then going back putting them on your chart and then Seeing how the stock interacts through all those levels throughout the day, you could really start to pick up on some stuff. I think so.

I think you might like to do that um. So, let's get into this all right, so spy qq great move! Yesterday, i myself would be totally cool, seeing a pullback start the day. You know whether whether or not that happens doesn't happen really doesn't matter. But you know, if you want my honest opinion, i would say that me.

Anyone that wants to be long. The market would love a pullback at the open to get or gobble some up off support. Right i mean if the market was going to go higher, wouldn't you want to buy the dip right or you know something like that. You know so that's the way.

I see it, you know maybe taking place a little bit this morning, but let's get into it all right. So first thing we're going to do is we're going to run through the spy and then we're going to run through the qqq yay alarm, all right. So pretty much my overnight target for the spy was 475.88. We went all the way to 474.86, so yeah we'll talk about that in a second now, i'd rather kind of pop some levels on the queue just to see how this one is aligning so far, which that one still has quite a bit of room to go.

Um, so the way i see it is, i would love to see the spy and the qqq even pull down into this zone for the day to retest that breakup, so so yeah i mean realistically, i would love to see the spy in the net or in The nasdaq pull all the way down, basically spy to 472 down to 470 breakout um deviation level for a dip buy and the qs you know down from 399's into 397 395s for a retest of this breakout in dip, buy uh. The reality of situation is that may not happen because you know people like to gobble things up so, depending on how excited this market is how bullish most people are going into the open, we'll dictate whether or not we get that dip or not. But i would say you know i would feel very comfortable, very comfortable if the markets pulled back to morning. I would be completely okay with it very comfortable.

I would love to see the markets pull down get into these 397s 395s and basically look for starter longs. There, in terms of long targets, we don't have anything on the qs until about 407 408, which one second, my last tweets regarding the market was qqq 408 incoming um, also spy 475.88 incoming. So the reason i said incoming incoming is because, once you break a like one of these lines or these levels, you just go up to the next one, so you can see that's at 475.80 right once you break these lines, you just go to the next one. So you can see those are at 409, 407, 78, 408, so 88 incoming 408 incoming.

That's how i derive that um. So those those are where i call my price targets, uh, so pretty straightforward uh! So yes, the other thing is, is all of these levels are resistances and supports. So once you break them out a lot of times, the market wants to retest it before going higher. So i would totally love to see a pullback whether it be the day over.

Two days, maybe we don't even get one to go down and basically accumulate in that dip for right now that that pullback, okay, let me explain this - this pullback into that zone would be a fast dip accumulation, okay, because this is the way the market is currently Uh situated okay, all right, so look at the cues right. This is how it sits. You have a move up down, then you have a like double bottom move like this right, so you're up you're on the upside right now and just below is your trend support. So you can't really suggest you're going to get a big whip down unless you were actually breaking that level right there.

So as for now, it's just to pull back into support, accumulate and expect clap out 408. Now, that's that's really. The move that i would be looking for in the markets um, you know we were looking for. You know a bounce, basically back to 466 yesterday and then to 470 today.

It all happened yesterday. So now it's like okay, maybe quick little dippy dippy accumulate for a rippy rippy. Maybe that would be cool um. Looking at the spy spy is situated a little differently see the spy is already basically at the all-time high.

So this is more of like an all-time high break run, which can't happen until you get through again this level right there, which is that 475.99, so right now you're looking for the mark on the spy to get up to and maintain above 475.88, which, in my Opinion it would be easier to do if we went through a little dippy dippy to get accumulated for the rippy rippy all right guys. That is all we have for you guys. Today. Everybody take care.

I think i'm we're pretty good on that. All right cheers.