What's going on, guys, welcome back to the channel. Appreciate you guys tuning in. We're going to get into the charts here in a second. but I think today is also an important day to cover some information or to some context on news. Okay, so over the past six months, even the past year, every single YouTube video that I put out that's recommended price targets shifts and Trend this or that every single one of those videos has been posted without reading nearly a single piece of news on the day or the day prior or the day prior. So 99 of the videos that I've put out over the past year or six months has been put out without reading any news. So the whole purpose of saying that is to remind you guys that news is not entirely what drives the market. In many times, a news Catalyst that is sent out on the wire to the market and through CNBC and Benzinga is a catalyst to drive the market towards a desired price point that was already predetermined or pre-expected from a day prior, three hours prior, or a week prior. So it is my belief that news is important to follow and you can gain some good sentiment and Edge there, but it is not entirely necessary in order to understand the markets efficiently. So regarding the Poland Ukraine Russia missile attack mishap accident if you may from yesterday um, it happened now CNBC In a bunch of headlines and articles this morning are being published, a lot of people fin to it this, that and the other talking about. oh this is going to wreck the market. Oh my. God This is crazy. This is bad. I mean yeah, it's not good. But Ultimately, that missile strike that hit Poland That is not going to crash the market. It is not the main driver of the market, it is a short-term news piece that was pushed to the market at a specific time. In that news helps facilitate a trade that was already planned and as that trade concludes, then that news kind of becomes Irrelevant for that moment in time in the market, specifically to a degree. So that being said, Your Key takeaway from that whole little Spiel and rant is it is important to read news and understand what's going on. It is also important to understand that news is a catalyst to affect the market. For a move that already was pre-planned or pre-expected the market trades on probabilities in potential outcomes. The stock market also likes to give its participants and viewers a reason as to why something happened in the form of news or specific things that many times aren't the real thing. That makes sense. So like yesterday with this whole Poland news and everything coming out, the market was trading down blah blah blah. We were already into resistance et cetera et cetera et cetera. So for example, yesterday when all this news comes out and the market gets yanked and it's that and the other blah blah blah, this was already a long-term resistance Zone This was already a support level from the start of CPI. So think about it like this: CPI was released here and we from that day expect that these blue and red lines are our support levels support. V Web going up right so we hit it all day here and bounce hard. Hit it here. bounce hard. Hit it here towards the end of the day during the missile strike and pulling thing that happens and it bounces right. So if the missile that hit Poland is so earth-shattering and so unexpected and so Random then why is it that the market on extremely unexpected, off guard, catching off guard news hits the market that the market trades down to the Anchor view app that we already have set in place from the CPI day and we bounce there. Or is it maybe something like the market is at resistance and at resistance and at resistance. And then a missile hits Poland and Market sells off and news pumps that a missile hit Poland and it's the perfect Catalyst to justify this move down in the market off of predetermined statistical probability resistance zones back down to a statistical probability support and our CPI release anchor V Web support. So if this is already known to be a potential resistance and this is already known to be a potential support and the market wanted to do this move and it just so happens that a missile hits Poland and the Market's just down. Okay, well we're just going to pump out that the market moved and it's because of Missile hit Poland Okay, mind you, just a couple days ago I think it was like right here. Maybe it was that day or was it this day I think it was this day, right? Isn't that when the FTX thing happened? Pretty sure either way, right at the same time as this market and CPI and blah blah blah the market goes up. What happens is the market hits statistical probabilities. Here you know known expected selling levels FTX Crypto slams right Market gets Yanks because FTX collapses and all the news and this and that and what happens. The market goes from a statistical probability selling area right back down to statistical probability and support from the CPI release. So from CPI support support expected FTX Crypto this Bloom Market tanks right back to expected support known selling area, smash right back down to expected support Ukraine missile pole and stuff. So regardless of the news it's being released, the market is still trading within expected or known probability levels on the market. So going into today, what do we have? Okay, this blue line is the anchor V-wap from the CPI release and it's kind of wrong to a degree. Let me change to a five day one minute. it'll get a little more accurate. So here is your excuse me. This is your PPI from yesterday. This is your PPI Anchor View app. In short, this is a volume weighted average price going down from the PPI release. Okay, this is your CPI Anchor V webs. Okay going up this. Zone Here is a statistical probability selling zone for now Because it was first attempt this level here. Three, four, three nine, four Nine five. This is a statistical probability support for now. So on the day of the PPI release, the market had touched this line. Here this is the weekly plus one deviation level. Pretty much that means first attempt. It's probably a short. Okay, so we hit the plus one weekly deviation level known expected selling area. This right here is the 50 retrace of the plus one deviation move. So if I shrink this down like this, excuse me. Okay, so from here, excuse me. this is one of them. I'll I'll confuse you guys if I continue with that but just know it's I Just know that I'll probably confuse you I'll make this video too long if I do what I was gonna do. but this is a statistical probability support. lining up with CPI Anchor View app supports. Okay, so pretty much what's happening right now is you had expected selling zones here yesterday off of a PPI release. The market is trading down off expected selling errors. We yank to an expected Target in bounce area. The market then bounces. We maintain the CPI data release day. That's a bigger day than PPI which is here. Well, CPI is all the way back there. but this is the CPI level and this is the PPI day and PPI level. Okay so this is here CPI and this here. this blue line is PPI Okay, this yellow orange line is an expected selling area and then from here. if it sells down, this is an expected potential bounce area for that move. Okay so what we have from yesterday and the past couple trading sessions is dip by support level: CPI Anchor V Web Volume weighted average price Yesterday and into this morning we have plus one statistical deviation resistance expected selling PPI Release Market Yank Ukraine Poland News Missile This that okay end of day Market Bounce Ideally, Market maintains CPI Volume weighted average price by end of day starts to respect PPI Volume weighted average Price Going into this morning, the market is currently channeled and trapped in between the PPI volume weighted average price and the CPI volume weighted average price along with some statistical stuff. But in terms of trapping volume and understanding where important volume is located, currently, it's located really at pretty much this pre-market high level Today not quite and yesterday's low. Okay, so what this is going to do is it's almost going to create the same sort of effect that a Bollinger band does as the mar as the Bollinger band tightens as a Bollinger band shrinks and tightens, the volatility is decreasing. Which then means volatility would be increasing as that band breaks and volatility picks up. Again, you could say so. pretty much as the markets trade in between here, you can start trapping volume in a smaller space if you may. So if people are starting to get short here, off of the plus one and off of the PPI anchor V web. Okay, and people are still getting long off of the Cpiv app, that means we got fresh buying volume into the market here yesterday. We got fresh selling volume here yesterday and fresh selling volume here yesterday. And so the average per share ownership price of a Bearish short Trader from yesterday will be no higher than this. Most likely the main average is going to be this blue line because again and actually yeah, this blue line because this is where the market broke down so most people did not catch this. top stay in this move. Catch this. Most people got short into this or on this re-test here. so we know from yesterday in the previous past four or five trading sessions, the new Bearish PPI volume weighted average trend is here. So everyone betting bearish yesterday, their average price is here. They're pretty much underwater. Most most of them are and the rest will become soon as we cross over that. Okay, this is the CPI volume weighted average price and support. This is bounced yesterday here in the past couple days very strongly. So there's more volume on the buy side in my opinion than the sell side from yesterday. Does that mean that a market can't go down? No. So what we know is this is the key level of dip by volume and it's the average per share ownership price of bullish participants in the market. Since CPI getting below this is where the market would get shaky because you will start to send the bullish Traders over the past five days under water. Okay, and in the short term from yesterday's PPI getting over this blue line is where you'll start to put pretty much all the bearish Traders from yesterday back under water. Okay, so these are the two main key levels for right now that can shift momentum to start this day. Okay now I will use some Fibonacci to give some expected targets okay or things that I am looking at and this is just one particular thing that I am I am following and it can change throughout the day a little bit. Okay, so I'm gonna I'm gonna do this and if I ever learn a a tactic that becomes easier or more implementable than this um, then I'll of course share that. But for now this is kind of pretty much the best I got in a way. So I'm gonna go to yesterday's trading session and I'm pretty much going to go through this process really quickly. Okay, and I'm just gonna do it myself. So I'm gonna go like this. and once we break the 60 retracement, that's when we get a shift down. So I'm gonna do this to this Okay, and then um, we would also pull from here to here. Okay, so this is one way that I would do some Fibonacci to give us some desired potential moves. All right. So by doing this and I'm going to delete the old one here. or actually no I should keep that up for now. Okay, so this was um, a Fibonacci that pretty much played out yesterday. Okay, we hit the 261 and the one six, one, eight of that Fibonacci move. Okay, that's one way I draw it I could draw it a different way and we could have a slightly different story and I pay attention to that too. Okay, now if we're talking about the first Fibonacci which is here and I'm going to highlight this one and change it to White. Okay, so this first Fibonacci it played out. Okay guys, it's it played out. but the Traders and the market participants of this Fibonacci sequence will not fully give up until the 38.2 breaks or the 60 retrace breaks. So as you get back into that zone that I've highlighted with this yellow box, that's where this first FIB would pretty much fail. Okay, and in the event that Fibonacci fails and it's trusted, we would expect the inverse move to be here. One six, one eight which is 40401.. Okay, so the way of thinking about this is and actually I'm just going to restart the process so I can do it with you guys. This is it's the same process. It's the pull points that might change, but this would be a process close of the first 30 minute candle. previous days close, this would be your max long swing. Target For the day, as long as the 61 and the 38.2 hold, it's can still be valid. But as the market starts to come below 61 and 50 and 38.2 things can get shaky and then if it fails then it fails. right? So first 30 minutes Market opens, we pull from the open to the previous closed. Okay, if the 60 or the 38.2 fails, we're going to get an inverse move. probably. Okay, so as soon as the first 30 minute closes, we can already draw the potential inverse move. So we'll say it's 10 o'clock First 30 minute candle closes. this is our long Target These are our support levels and if our support levels give out, then the inverse move will be this. from the green to the previous High and from the 38.2 to the previous High this would give us our expected Target Zone which is always going to be 1618. Okay, if you do the tactic of pulling the Fibonacci from the 61 retrace, so remember first 30 minute candle closes to figure out the inverse relationship of this Fibonacci We would pull from the 61 percent wait, pull from the 61, pulling from the 61 percent to figure out the inverse or the reversal Target of your initial Fibonacci Move by pulling from the 61 to figure that all out creates a tighter Fibonacci Okay, what I mean is Watch What Happens See, right now we're pulling from the 61. we're pulling to the previous top of the day. look at where the 161 and the 261 are. Okay, Now if we were to pull another Fibonacci and this time we pull it from the 38.2 to the previous High look at where the 161 is now and look at where the 261 is. Okay, so this white Fibonacci is pulling from the 38.2 which should give a further 161 and a further 261. pulling a Fibonacci from the 61 to the previous High instead of the 38.2 and we will highlight this one to. we'll just make this one set all colors to blue. This one will give a closer 161 and a closer to six one. I Use both. There's reasons I use both. Practice using both. That's all I have to say there. All right. But Ultimately, that is the process for figuring out the inverse relationship of a Fibonacci for me. If I find out a better way to know more, I'll teach you that when I know it. Okay, so first 30 minutes opens yesterday. We draw the first Fibonacci. After the first 30 minutes happens and it turns to 1001, we can already go. Okay, so if this one fails, let's draw one from the 61 to the previous top. And really, you don't know. You can't really draw this until you have some sort of assumption that the top has been put in right, Because if you're pulling from the 61 or the 38.2 to the previous top, then obviously there has to be some sort of top, right? So really, the first 30 minutes would happen, then the market would shake down. As it starts to trade down a bit, you could go okay, maybe that's the top and you just start to build the Assumption. So we will start at 1001 10 20. Thinking the top was put in for the day, that we might get an intraday reversal. So we're going to pull from the 61 to the 30 or yeah, from the 61 percent retrace of the first Fibonacci to the previous day's top or the the current days top, We will also draw one from the 38.2 to the current day's top. and this is all being done at 10 20 a.m before the markets really turn down. All because we're just pre-planning for the potential or the possibility that the market does do a reversal and we don't hold the initial Fibonacci on the day and we want to know what our expected down reversal Target would be. So that that way we're not taking a short into the market at the snap candle thinking it's going to go much further because we don't know and things like that. Or where would a potential low-risk entry bounce be on the day after the sort of sell-off? So we've done that and then the market does reverse. So ultimately we can now delete this Fibonacci The reason we can delete this Fibonacci is because it failed the 61, the 50 and the 38.2 It reversed below that and ended up striking the 161 and the 261 of our Fibonacci tactics here. So pretty much we failed this and we did the inverse and we dropped to here. So I would then say okay, let's delete that Fibonacci Now the Fibonaccis that are in play are these ones until when just like the first one on the day here, we deleted it when the 38.2 the 60, and the 50 broke and we snap down. That's when we deleted it because it's no longer valid. So for this blue one and this white one which remember were the inverse Fibonacci of yesterday's first, the failure point would be here and here. So ideally once this Zone were to give way, we would consider these Fibonaccis to be invalidated. So even though we're trading pre-market at a price of 398, Okay, so we're trading pre-market right now at 398.

let's just say today that we're going to break these levels, invalidate yesterday's reversal Fibs, and create a new one going up. we could at 7 55 in the morning, start to pre-plan for this. So what we're going to do is we are going to do the tactic uh from yesterday, which is pretty much we can pull a reversal Fibonacci from the failure points. So we'll start one here at 61.8 and we will pull to the previous low that is set in which is right here. Okay, this that one would give us a 161 Target of 402. Okay, so I'm going to make this purple and the reason I'm changing colors is so we can kind of keep track of them. Okay, I am also going to draw a Fibonacci from a 38.2 of this blue one to the previous low I'm going to color code this one in green I Guess Okay and you will see that one gives us a 161 a 404. now I will draw a Fibonacci on this guy over here. So we're going to do the 61 failure of this guy to the previous low I'm going to change and actually I should um do this one a little differently so it's not perfectly lined up with all of them. Okay, we're gonna do this one here. We're going to change this one too. It doesn't matter. Yellow, maybe Orange? Cool? Well, I didn't do that right. Properties Okay, and then we'll do this one from the 38.2 Now I'm not saying you have to do this many or go this far into the process. this is just me. kind of running you through a couple different approaches. Which it's the same approach. It's just how you pull them that's slightly different. They give you slightly different calculations that you may like to use simultaneously, one over the other. Okay, and we'll make this one. Um, I Guess ran whatever. Okay So we've drawn all these Fibonaccis. So now what I'm going to do is I am going to, um, really quickly show you where we're at this morning pre-market Oh, it's not showing the other ones. That's kind of annoying, but that's okay. All right. So what we're going to do is now we're going to delete the blue one remove and we're going to delete the white one because remember, we drew these new ones in. The kind of idea being that we broke those right today. So if we were to break yesterday's previous downward reversal FIB sequence today, then the inverse of yesterday's operation would be this: this and this basically saying the long Target destination yes from yesterday into today with specific levels, breaking, and specific things playing out would be anywhere from essentially here to here 405 to 402.50 Okay, now the last thing that I will touch on, that will help you understand the next little bit. Okay, is this So remember we're I'm just going to do it like this. Well, Okay, so I'm just going to do this one here and I'm gonna do a 38.2 poll I'm gonna delete this one then here I'm going to do uh Well, Yeah, I'll do a 38.2 pull here and does this populate on the other screen I don't know why. it's yeah, it's there. Okay, all right. So I've done that all right. So the reason I've done that is because remember what we said, a Fibonacci or this Fibonacci would not be invalidated until this is broken, right? Once that's broken, we then have a new FIB sequence up, but we can already pre-plan for what that move might look like. By just saying. Well, we know that this is currently the Fibonacci that's underway. but if this one were to fail, the failure point would potentially start at the break of the 60 or the 38.2 Using the 38.2 gives us a target of 404 37. So the rules of Fibonacci basically are your 161 and your two six ones are targets right. and when the 60 and the 50 retrace level of your Fibonacci break in the opposite direction, you close out, you stop out. and that's pretty much that. and therefore this is probably going to be wrong. Okay, and the inverse of that would be this. So that means until this is broken, this can't happen, this could still potentially happen. And or this 4236 could potentially happen. So until these levels give out, theoretically that's in play and that's in play. Okay, but you always expect the 161 or go for the 161 first. So when you go and you look at pre-market today, you will notice something. where did the market retrace to yesterday after the 161. So I have to rebounce 161 and we hit the anchor V webs. Where is the market bounce to the PPI Anchor View app? But more specifically at least 61 retrace level of the Fibonacci that played yesterday. Okay, because remember the the first intraday one failed. So then we did the inverse and the inverse gave us a Target to 161 here and provides a 61 retrace here. So this is currently the zone that would have to maintain below or else we would do an inverse move. So currently this is our 61 retrace short entry Zone to Target Back to excuse Me 161 today and if the 161 hits the anchor V-waps break the half deviation breaks, we can then see more selling pressure. This is also the location of the 50 SMA This is currently the location of the Anchor View apps below. This can create selling. If it were to create selling. remember the Fibonacci sequence from yesterday is still valid. Therefore, it does give us a Target to 389.90 and as far as 382.21 But remember, markets also move in deviations. So if we were to break the anchor V-wap the deviation is about. It starts here and it's here, so we would expect somewhere into here all to begin with. Okay, and if the market does not play down and we end up breaking the Ppiv app through the 60 through the 50 and through the 38.2 level, we would essentially be attempting to reverse the Fibonacci sequence of yesterday and our Max Target of that would be up to like 402s 404s which arguably is just right back into what all of the statistical resistance. Okay, and that's today's video. they always get longer than I expect. But I mean it's just too much fun I mean God damn this is love it. So yes, today, um, what I would be looking for would be even a retest of this low I think that would be I Think that's that's understanding right? Because I mean we ran to the 161. We've held the 61 retrace and so pretty much the main objective of holding this 61 retrace would be going back to the 161 and hopefully further. But right now we still have the half deviation, the 50 SMA and the anchor V web all priced at right around that 161.

so basically if the market does slide to here I still think that would be a good spot to take some profit on a short. Um, because I just don't think it's worth attempting to try to be the one to break that market yet. Um, and there will be plenty piece of the pie left. even if it broke right and you didn't catch that, it'll still be more to the downside Regardless, right? So so ultimately I think um, being short biased to start the day, you could have a target of down to here pretty much um to be long biased I think you could either want to be long bias off a test of this bottom after the 61 retrace FIB Traders from yesterday are successful at moving it to here. You could maybe do a bounce and then if it starts to break then just be very careful about buying a bounce there. um, simultaneously. If the Fibonacci Traders from yesterday and the sequence fails, we should then look for long moves that can take us maybe Max to 404 today. Um, and a lot of that has to do with whether or not the market maintains below the Ppiv app. So basically getting over this ppivap to start the day could trigger anyone short from yesterday to start covering which could then pretty much help us break these levels to constitute the reversals of the 402s 404s. Um, and yeah, that's that pretty much covers everything I think I could come up with uh for having an angle today. All right guys, take care.