Good morning, ladies and gentlemen, welcome back to another video all right. Today's morning, videos is going to take you a couple minutes and what we're going to do is run to the spy so pretty much as it stands right now, you will not see the spy going. Any further on the upside until you actually get through pretty much the 470 98 high that was put in pre-market yesterday and the reason the 470-98 high was put in where it was put in yesterday, is because that high also lines up with this white line. On my chart, which is the long-term statistical weekly trading mean some of you guys might be like.

Oh my gosh. What is that doesn't really matter? All you got to know is that it's resistant, so pretty much put it this way until you get through these two white lines on the upside, your s, p 500 is not going to see explosive moves. To be quite frank, it may not continue seeing explosive moves. Like we've seen, we might go into a slower kind of grindier market from here on out, but to keep it simple spy.

You will not see bigger moves on the upside until you see the spy up and through the prices of 470 30., all right on the other side of that we do have a support level just below on the spy right here. So this is a four hour. Statistical trend, so you can see yesterday or even you know previous couple training days we didn't get there yesterday we didn't get there today, we're not there. So i mean it is possible that you do come down.

Take out your previous lows from the previous training days and actually tag the statistical mean we'll see so pretty much. This is the way that you would play the market um. You know if you started getting weakness below you know this low yeah. You probably end up seeing the market sell down to this trend line, which is priced at 465.75.

So arguably, you could do like a little short trade down there. Whatever, on the flip side, there's a good chance, we can see the markets come back up, retest the 470 29 trying to break out uh in the event that obviously they were to do that um. They would be a long move now to tie this a little bit closer together, we'll look at the queues really quickly, so it's the cues that you probably want to pay more attention to, and the reason i say that is because if you take a step back, The way this system kind of works and i'll put it on like a 10 day, 30 minute. That doesn't really look that great, but i want to like a 30 day 10 minute all right.

So just so, we can kind of go back on this and you'll see how how this kind of works right. So once the market's clear one of you guess you could say the price zones we pretty much trend to the next one up and if you can't get above and break above and come below that's saying: okay, maybe we're not ready to break this zone out and Then, once you kind of roll off it, you typically target to the one below and as you hold, then you would target to the one back up. So pretty much just know wherever there's the dead space in the chart, that's where the stock can run and when you run into the lines and in between the lines you're, usually in a consolidation, slash confusing moment. So you will see when the markets are here.

We're chopping up and as we kind of break away, then we kind of go into the trend. As we get to the top side, we try to break up. Then we yank down. Then we kind of bounce up then we're down, because we're in between you see how the trading action goes sideways when we're in between and then once you successfully break out and down, you will then target down to the trends below and once you get to the Trends below you would be buying up, and once you get to the trends on the upside, this would be a breakout and you'll see we go up, try to and then it gets slammed back down, um in which we will then be trading.

Oh gosh, come on. Sorry, um yeah, then you'd be trading in between the zone and once you break down and out, you would then be targeting to your next uh trend down. So you break down and out you target to your next trends down, which is ak support, so you can't break down you bounce and then you break down here once you break down, it becomes resistance resistance, then, down to the next one support support, and then you Move away and then you're back up and through so just a couple days ago, was it. Two days ago we broke out the market broke out, guys all right when we came up to this level and you see how the day was just zinc.

That's because we shifted up and through the statistical mean kind of like we did here on this day when we broke down held, held and then went right, we broke up and now we're kind of holding holding. So we probably in today, maybe next couple days, we'll see the queues rip up to 407s 97s. I would imagine um or close to and when that happens, um i don't know exactly where the spy will be at, but the spy will be at wherever it's supposed to be at based on the queues going to 407 409, which means they'll probably be up. Another couple dollars a share: maybe even retesting uh, the previous.

Actually, no, i haven't. I have any ideas where they're going to be they're, going to probably end up right here. Sorry, i almost forgot so the q's or sorry. The spy will probably end up around a price of 475 if the queues go to their target.

We just talked about a second ago, which i don't remember, but you do and you can rewind this video, so that is all we have for you. Ladies and gentlemen, boys and girls, all right guys take care.