Is for for for bro. So ridiculous. Good morning guys. sorry about that I was trying to do something and computers of course being just stupid as it always is not populating my scans this morning.

figures always some bowshit. But anyways, good morning guys. Good morning I traded all pretty much options Futures equities traded at all sometimes I'll jump back and forth. just kind of depends.

Um Futures Good morning Good morning Yeah. I like literally have no idea what the deal is. It's funny because like two seconds ago my uh, my thing was populating great great stuff and now it's like ah no, we're just not going to give you anything that just doesn't make sense. Sneaker swims, just running the old scam this morning.

Yeah. but anyways, here's um, um, here's pretty much like a list of stocks that so far I've been alerted this morning on uh, you know whether they be Penny side yeah, looks like most of them pretty much penny stock. um but yeah. alt B GG HD Nexi Pixie so we'll take a peek at that.

and of course you know, like look at watch I'll show you it's so funny. Uh, how do I detach this? Uh, all here we go. Maybe maybe it'll work now. Who knows.

All right. So hopefully this works now. But basically I just populated this like 20 seconds ago and now it's just like, uh, we don't want to give you anything anymore. sorry, our billion doll platforms suck.

this. just comical. So anyways, the typical typical Market scams All right. So anyways NEX he kind of blow up that's in a statistical sell area.

Anyways, options are back there. Gotta? but yeah, good morning guys, it's going to be. you know, like I said going through the regular Jazz here B 281p this on scamed yeah Hcdi had decent I say decent it's got, you know, uh. average volumes up 513,000 397 over the last uh, 4 days that is.

and so like if you ever guys are ever wondering what I'm saying aval and looking at that, it's just a measurement over like the past four days. Again, it doesn't guarantee anything, but generally puts you on the direction of stocks that have higher degrees of momentum. So essentially I can just discern from stocks that I'd rather watch or not watch by simply just looking at which ones are getting actionable, triggerable, high average volume. Um, so like yeah, like this list here.

these are all triggered on unusual active volume. Does that mean they're going to perform the best? No. Doesn't mean they're going to have a banger? Yes. Does it mean some of them are going to be good? Yes, some of them be a yes, but you can quickly.

Um, you can quickly like sift through stuff because there's only going to be so many that get hit with uh with some of that average volume. But then again, when you know Thinker Swim runs the old scam daddies and doesn't let your scans populate, then you might run into a scenario where you can't get some of the new players because you know they don't give them to you. So you might have to do more of a manual process and that takes a little longer. Uh, nexi like this one.

Um, this one I I Missed. didn't even come close to getting. Then again, I wasn't up early enough for this one. Um yeah, I wasn't up early enough? Um, so like for example, right, this thing's up average volume 477,000 700% over the past couple days.

Now look at yesterday, right? So look at yesterday, we got a trigger on it. So you see this purple line. Essentially, that's a trigger for me right there. So I you can see that right? that purple line right there I can't get to it.

but right there. This guy. Okay, so even yesterday this came up on our alerts, but debat or it maybe it did. maybe it didn't I'd have to double check I might have had to manually find this sometime.

It gets a little wonky at times because you know. Uh, but this was triggered on unusual volume yesterday. Um, and now there you go. So you know we did have something.

we would fall for a trigger yesterday at 750 and now you're up. What? It's got to be thousands? Maybe th% No. 555. Um.

and then this morning again, got another trigger on it here. Uh, this was at 6:00 in the morning I wasn't up at 6:00 in the morning Um I think I got up at 6:30 then I fed my dog. Then I had to go to the bathroom and then by the time I did all that got all the software is up and running. Trigger: Uh, that's 643 bang I Get on, start turning on like 7ish.

Get all programs open 716. we're into 7:30 I'm starting to jam by the time 7:30 rolls around. This is trading at plus three plus4 standard deviation standard error. That means I'd be a dumbass if I was going to buy that right there.

So I'm not. But yeah, so this was a really good one this morning, but I was just a little late to the game this morning. Uh, so as far as participation goes, I wasn't able to logically participate there without taking on, um, elevated and unnecessary risk. Doesn't mean it doesn't go higher.

No, it's not what that means. but those are the rules. Um, kind of like this. Ready.

So look at where this is at and again, not that this means it can't go higher. but let me show you all right? So we talked about this yesterday. Vvo: Okay, um, see where the purples are here? You see that where all the little purples are. Purples and blues.

Purples and blues, right? That's that's where generally a dumbass buys it. Okay, I've been a dumbass I'm still a dumbass at times. we don't like to do that, so we don't do that. Um, so then when you go, look over at Nexi.

and if you just bought Nexi at highs, um, I'll give you a pass on today cuz maybe you didn't know so you're not a dummy today. But um, yeah, so there you go. there's the Burus. There's the blues, probably have some a little higher, so right now it looks like it's battling the standard error plus fours.

Um, sometimes people can get caught up shorting in the plus fours of standard err, and then get blown up to the plus4 of, um, standard deviation. So let's just we'll just say for funsies that this top doesn't just get demolished and it gives you one more squeeze. That's not a trade recommendation. This is a psychological concept, which is you could very well have short selling participation going on right now.

I mean if I was watching this Market I probably and I was shorting which I'm not um I would have probably like to have been shorting somewhere in there, you know. double top Into the Blue Um, that would have been like, you know decent risk reward right now if I was wrong in shorting that top. Um, basically if it were to get get over 1233, take out this top 1335, it' go 1509. Okay, so you basically know that if you were bearish here around 1225, that if you're wrong and then worst case scenario kind of takes place and you get popped out your pop out, Target would be 159.

So then you can start to gauge your risk a little more. Meaning, if I was short at 1335, maybe at 12:42 my risk is actually 1512 or sorry 1520 because that would be the desired magnet standard deviation statistical distribution level of the stock market on this particular stock. That being said, stocks are not normally distributed. Therefore, there is some Randomness that obviously this wouldn't be able to account for um, and that's just again, Market, Randomness, etc etc.

Um, yeah. and then like, if you're looking down, if you're looking at all these lines horizontally, you might be like oh my gosh, like it's just like, you know, like what is it all and and really again, it's just. it's just. these are just long-term trends, right? So if you look at this screen here, right to the left, I mean pretty much you see that white line right down there.

The dashed white line that again is just that's the long-term statistical mean price. So over the last year the average price of the stock would be um, like 394. So this morning when it got over 390s 380s, essentially the stock Nexi has surpassed its one year fair value Trend Now when it's trading into the purple and three, now it's trading at Plus Three Plus4, it's extremely statistically overbought price point of the one-year Trend So today you will have individuals trading and buying up this stock here and maybe higher and whatever without any sort of concept as to the value of the trend at which they're actually actually buying. What they see is momentum and volume and dollar signs and pump.

All right. Um, and again, this isn't perfect, but you get the point. H So that's an Nexi. Yeah, so that's been juicing and still scan won't populate.

What a What a scam. Literally the biggest scam I think I've seen in the week. So I'm going to have to basically like do everything manually now. Oh, got to love it.

Um, let me take a peek at the chat here and actually got to go get a coffee. Yeah I was up a little early this morning. How do you trade with all those indicators in the way? Um, you go. How do you trade with all those indicators in the way? See again.

that's that's another thing is is I look at charts that have nothing on them I look at charts that have stuff on them. you know? And that's the thing is people say keep it simple I mean it. this. This really is simple.

This is very simple. You go all these indicators on the chart. they're really is no indicator on the chart. The only thing there is the statistical normal distribution of the stock.

so that when I look and I see Nexi this morning. yes, you guys may be looking at like a clean chart, but I'll go and look at the purple and blue and and you might be looking at the clean chart and go like, oh, it kind of looks like it's rolling over here and sure, maybe it is. So you're looking at a price pattern whereas I'm looking at a price value. That's really just the difference.

So those are what those lines are and then from there they become support and resistance. So um, you know there's that. And so yeah, we trade. You know, like for example, when I am looking at options, right? this is pretty much what the option charts for me would look like, right? So when I'm looking at an options chart, maybe a moving average or two, but pretty much clean chart.

Um, so you know that's I Think that's also part of the problem in the trading world is people mistake that? You're supposed to have a bunch of indicators on your chart to trade, but that's not necessarily true indicators and all of the tools and all that stuff. That's your information gathering. That's what you use to gather information, right? But it doesn't necessarily have to be on your chart to execute a trade. So therefore, like in the morning, when we're going over the S&P 500, we'll go over some Momentum things.

We'll look at momentum. We'll look at divergences. We'll look at a Macd. We'll look at spectrogram analysis.

We may look at Fibonacci We may look at all of these things. but then when it comes down to and the day opens, we could be looking at a chart that doesn't have a lot of stuff on it right? Um, like for example. Actually another good. Another good take on that question is uh, let me pull up trading view real quick.

So like here's another good reason why you um like I may use a lot of stuff on my charts at times. Um, so here's like a perfect example of someone who cleans with cleans. So and this isn't necessarily true Again, these are just things that help me. Um, so like this is, you know this is very well what one of my charts could look like, right? Um, I don't really need those there right there.

So like this is one chart. I'll follow through the day. here's another one on the left, right. that's a pretty clean chart.

I mean really, it's just price action. Couple random lines for teaching, uh, and then some. volume weight average prices I mean it's pretty straightforward, all right, and so like yesterday pretty much I will um you know, like yesterday I was running. Actually, let's just do this real quick.

So pretty much yesterday we went into a little bit of a sell signal. We had one pullback off sell signal vwap to dip by long off 30 minute levels. but so like for example, this is why I like to run vaps right? Because yesterday we got a cell signal that really only lasted like a half a second before it went back into a Buy Signal. So this was basically a one-day down move with a sell signal and then a a reversal back to a Buy Signal by the end of the day.

Um, so the sell signal would look like this pretty much okay, level low, high All right. So basically after the market bounc. so yesterday when the market bounced at this low, pretty much expected to go all the way back to the 50 SMA and the new sell signal vwap which would be right there price point of 45503 Now the rules of that strategy would say I'm supposed to short so end of day I went short then from there normally I would take the short all the way to the low. Then again I Know that we're kind of in this back and forth environment so see now I'm getting into like perception, bias, and psychology and that's just too much so.

Pretty much all you got to know is there is randomness of the market. There is also psychology, perception, bias, and narrative bias and those are things that over rule nondiscretionary rules. Okay, so if we were just to look at what I'm saying nondiscretionary regardless of bias, narrative Market structure this or that, the strategy would pretty much say that I'm supposed to short that yellow line then take it to lows and then stay bearish as long as the market stays below that yellow line slth 50 SMA which would be like that red line in there, right? That's the rule, Then take into some psychology ction bias, experience and blah blah blah blah blah. and then that would put me onto something like this instead of taking the short to lows yesterday.

I actually tracked the bottom up volume weighted average price. Now other people would have just done a 30 minute split demand so other people would just gone. Hey, this looks like a good spot. The 30 minute it's split.

Here's my demand: I'm going to buy there. That's what someone would do. So if you're a split demand Trader which is just pure price action as we were just talking about a second ago, your buy point would be about 45 392 to arguably uh, 45393. Now for me, someone who tracks the volume weighted average price of the participants in the market each day I would have been more inclined to have watched long off the 30 minute vwap low created which would have gave me an entry price here down at there and then we can go look at that on a 1 minute and that's where the higher low that the 30 minute would have created.

SL I would have looked to trade it off of yesterday. Now this one. I didn't take I actually closed my short into this and then I was meeting someone at one of my rental properties for a tour. Believe It or Not So I was actually in my phone driving when I basically did the short off the top and then covered and got to my rental property and covered there.

So I was kind of lucky that you know I was on my phone and and got to the rental property in time and kind of sat down and open up my phone like oh perfect about time. so again, like the uh so yeah so that so the there's a couple reasons why I use indicators and vaps and again it's just it's Gathering more information. As long as you can use the information without it clouding your judgment or overriding other things at one point or another, then it's perfectly fine. Again, it can be very hard to use indicators and a lot of things because how much can you really take in at one time then use and incorporate? So it's just a it's just a process of of understanding it and like it and using and if it helps you it helps you.

If not then so be it. So yeah, you're going to hear a lot of people say oh, if they have a bunch of indicators in the chart they don't you know or if they have a bunch of indat it doesn't work and and again they they're It's true to a correct everyone's statement in the market has validity to a degree. Um, so just got to pick and choose your poison, right? Um, yeah, so that's that. So funny.

The scan still not populating this morning. That's see, that's that's I Always got to do that, huh? Always got to do something like that. So yeah, when you see this on my chart, just remember when you see all these little squiggly lines, just know that's just statistically a statistical value Trend Just so that way I can see that way that that way I'm I think unemotionally about the trend or the move I can look at the chart and give it a value right versus someone is go. Is $11 good? Is it too high? I don't know, Is it right? and I can just go well.

statistically. from a normal distribution perspective, it's overbought. Is the risk in my favor? No. Does it? Could it still go up? Yes.

if I'm lucky. so I'll just avoid right? Just move along cuz it'll be another stock some other day. Um yeah. I'm going to kind of run through some more stuff here real quick so let me get my stuff all situated.

Um yeah, Nlsp. See like Nlsp I Just what time was this at? So this was so this one I Mean yeah, Nlsp, It looks like started triggering some average volume at 7:30 Again, my scanner for thinker swim is obviously scamming this morning not working. So I have to do all this manually. Didn't pick this one up in time, but basically alert was at 7:30 right there and your long would be here.

So you know, do I want to buy this? I Mean it could keep going. Sure, but you know you are late and then generally once you go into an alert signal, it generally is going to break out and go to like one of your standard deviation levels. So you know there's a good chance that this is going to pop to about 93 cents and then sell off. Is it guaranteed No.

But since I know that that's a statistical level, the last thing I would do is buy it into that yellow level cuz that's just dumb, right? So if this ends up popping up and then getting hit here, sold off a little bit, it's totally normal, should be expected, right? Um, just like you kind of saw this, how the market went into a signal here, right? What's it do? It breaks out, the mean pulls back, holds, the mean goes to one standard deviation above the mean. Okay, so what you just saw on this one minute chart is that the stock Nlsp on the yearly scale just crossed. it's yearly mean and if it goes to 9 93, it is effectively moved one standard deviation away from its long-term average price. So in terms of investing, okay, when would you sell your stock if it's below its average or above its average above its average.

All right. Um, yeah. so so anyways, Nlsp got some activity this morning morning. Kind of just annoyed that that scanner isn't working the way it's supposed to.

I mean alt got hit this morning. Um, you know, and here like you know, you got to be kind of. You know, like look at this huge pump yesterday, then like alt gets hit this morning, it's like yeah, after pumping from 3 to 5, you got to discern and kind of just pick your battle. So even like yesterday I'm like Am I showed you guys am and in the beginning of the morning kind of had like that scammy look.

and sure enough we did the scam. Now yesterday, you have to remember that the market went into a sell signal. We had a bare sell signal move. So to start the day yesterday, we kind of had some lackluster moves on a lot of the penny stocks and stuff like that.

Then they picked up later in the day. Um, you know, like you can even see here. when did Am blow up? amp blew up at about 1439. As far as military time goes, go look at the spy and the Spy started pumping somewhere in that area right around that time.

So there is a relationship between the S&P 500 and penny stocks. Um, so since yesterday we went into a sell signal start the day a lot of penny stocks. start A little lackluster, picked up later in the day, right? So that's another thing too is generally your penny stocks are going to move the best. December January kind of in the winter season simultaneously when the S&P 500 is in a Buy Signal when it's in a sell signal not going to move as good.

uh. and then you can also see with ampe same story amp Blues Purples Blues Purple You're a dummy if you buy it there. and so you can see right here Blues Purples Blues Purples It's not an indicator, it's a statistical value. uh, level that you don't want to buy into.

And there you go. Um, so yeah, that one I kind of I Want to say I dropped the ball on but you know, little Pixie stick. see like you can see Pixie actually just got hit this morning. Um here.

Granted did kind of start down. doesn't mean it won't perform. Um. also Pixie got hit Looks like yesterday.

a little bit too. Yeah, Pixie was hit yesterday and this morning. so again, those are just some random things you look at. so I won't touch too much more on that.

You guys get the point. Um, and then if you guys do remember from yesterday, um, which we say a lot of stuff on stream so you're probably not. but remember that yesterday pre-market Pretty much said. even though the Market's up and it's kind of moving positive and we're over the 50 SMA most of the activity is on the put side currently um, and the put side is targeting 4535 on the SPX All right, so this would be your top 4560 and then moves down.

hits a low of 4537. Our low of day Target was 4535 based on the unusual options to activity, we're getting across the SPX That being said, aside from the options activity on SPX at 4535 yesterday, the next most um, actively or the next most active put or sorry the next most active option I was seeing that day was also the 4560 call. So by end of day 45535 pretty much gets hit which was the most active put chain. Then 4560 ends up getting being hit by end of day which was the most active call chain and it was also hit in the morning.

So uh I got a buddy that we talk on Twitter all the time and pretty much yesterday. um I could show you the the Discord chat but basically just know this and I'll go through it with you guys today. we'll see if I can do the same as yesterday. But here's it.

yesterday we're getting activity 4560 put or 4560 calls 4535 puts okay. The question is though is if there's so much activity on the put side right and the market is going to go into a little bit of a sell signal, then why would someone even be interested in 4560? So my narrative yesterday my main narrative was we were going to have a bearish start to the day. Okay, and that as far as as the bearishness goes, the SPX would be targeting somewhere down close to 4535. Okay, and then you can also see that spy bottom like 4535 right? Um, and SPX bottom 4537.

Anyways, The Story Goes main bearishness down 45535 yesterday, but also seeing activity on the 4560. So why are we seeing activity on the 4560? So what I did is I run my Gap FIB strategy and basically measures the gap of the SPX each day. And if we measure the gap of the SPX we would come up with a long Target to start the morning of. Uh, did I do that wrong? It just looks wrong.

That's a five minute. Y Close, close, close, close. Oh yeah, duh. got to go to the open like this is just not right.

Here we go. All right. So the Gap the Gap Target yesterday would have been 4561, right? So if you're going to buy some calls, you, you know. So for example, if you were going to buy calls and you thought it was only going to go to the 161, then you wouldn't be buying 465s, right? You'd be buying 460 to at least get something in the money, right? So yesterday, knowing that the Gap 161 targets destination and desirable Target for Gap Traders would be about 4561.

Therefore, it makes as to why people are hitting the 4560 calls because if the Market's going to go for the 161 Gap Target out of the gates which it does like 85% of the time, um, then the 456 calls are going to go in the money. And regardless of them going in the money, you know there can also be a little popy. You can still make money. So as far as seeing activity on the 4560, it made sense because we had long Gap Target levels up to 4561.

Um, but at the same time we were getting significantly higher volume. uh, average volume. On the put side, So the narrative for me was the 456 Z May pop there, then we're going to fade down and then uh, go to 4535. Um, one second I'm just going to pull it.

actually it's it's on Twitter I'll just go back to Twitter oh boy, where did you go there is so here we go. This would be highest aval on calls would be 4560. Well actually have to take you back a second to like here you go aval highest on 4535 right now and that was you could see at pre-market they were a105. Okay so at pre-market doll5 highest volumes 45535 average volume not volume average volume.

Uh, bring that back up. Where you going baby? Uh, here you go. So highest volume 45535 All right and then we move to here. Highest Average volume.

on calls would be 4560. My assumption is if the market holds a gap up, the SPX Traders may still be looking for the pop to the 161 though the puts are higher This VA may suggest a quick pop to Spx1 161 before downside I don't know, laugh out loud maybe I do So Uh, all said and done, let's bring back up our chart. Here you go. So now when you know that the message was sent yesterday at 8 in the morning SPX Traders may be looking for the quick pop to the 161 before the downside.

So here would be your open with a gap runs up shies 161. you can see right there 161. then Fades out for the day to where almost the purple line. The purple line would be 4535.

Okay and then later in the day they juice back up the 456 calls. The 456 calls went like I don't even know, like 10,000% or some crazy. Let's see it was just ridiculous. Um so then by the end of the day with that Wicked pump those are yeah.

these went uh, just a casual 10,000% is that 11,1 100% So so um, and then if you look at the 4535 puts right? So the 4535s they basically scammed all day. So what they did yesterday is they ran a, um, a low volatility drop scam churn day. Which basically means the 4535s were the puts to be trading. but they didn't in such a slow manner.

With down swing upswing, down swing upswing, you didn't really trend on the puts, you had to use them in A and you had to basically use it as like, um, a demand pop day because the trend moved slow to the downside. So the puts and the volatility, uh, or sorry, the implied volatility. Anyways, it couldn't It couldn't Trend up right? So they basically did this low grindy scam down algo day which resulted in a no trend on premium, just a spike premium put day, right? and then by the end of the day just roasted on the 4 five sixs. All right.

So that being said, if you go and kind of look across all those option chains, right, you're Bally going to come to find that. Kind of like the 4535s had a lot of activity all day, kind of popping and then of course by the end of the day what happens here? You get an 11,000 pop and the 45. Well, this is 45565 excuse me And then 4560 is like right here. So this one sorry, this might even be more.

My apologies, they might actually be the same. Let me double check. Uh they yeah, they're about the same because this is five and so this is actually never Minds is s whoa damn this one went 16,000 per. sh 177,000 imagine you So Anyways, um yeah so so the bottom line is is at 8 in the morning you know I'm picking the call options and chains I think are the most active, the ones that make the most sense to watch and by the end of the day one of them goes and Pops from 5 cents to 10 for 17,000 per return.

Did I know that was going to happen? No, but you know I just seek out which ones are seeing activity and those are the ones are going to want to watch for the day. That's pretty much that right? Um so what time are we at 7:57 Um um how long did it I don't even know. man it probably I don't know. It's probably into like my fourth or maybe fifth year trading or something.

Sixth? yeah, probably like four, five, six, something like that. Really? not too sure to be honest. Um yeah, what else we got? Well anyways I'm going to pretty much start going in. Let's see, did my my scanner working yet? Probably not cuz why would it actually work? That wouldn't make sense.

they wouldn't want you to provide the the Poma pomas I guess I can close that down. Okay so now what I'm going to do is I think I'm going to review some options. So basically give me a second. I'm going to run through the options here today and see where I think markets are going to be moving to and most active and so give me a second going to have have to use the brain.

Let's start: 1, 2, 3, 4, 5, 6. Let's go six out of the money H 1,000 1,600 makes sense. should be increasing 481 Interesting 601 H Okay, 626 1,200 and these will keep updating as we get closer to the open. Just remember that too.

264 Okay, so most of the activity is actually six to uh, wait one, two, three, four, five, five to six out of the money on the calls. ironically. Um, let's check our puts. Oh, all right, so Market's going down right now obviously.

Um, yeah, so it looks like the Market's pretty much falling back over to test the Breakout out. It's pretty much all that's happened. It's typ. This is very typical market movement when they're running the scams.

Um, which is pretty much just a back and forth. So basically you're in a you're you're kind of in in slight. Now to call it slight chop. I Mean it is chop.

It's a chop. Market At this point with the movement we saw a couple past days, it's up. It's down. It's up.

It's down. It's up. It's down. So there's just a battle going on between bulls and bears.

Bears think it's gone too much. Um, so trying to sell it down and Bulls to keep it up. And so you're just going back and forth and just basically chop in a uh 30 minute 50 SMA So you can pretty much I mean I can show you already watch So this was the other day, right? So ready Market breaks down 50 SMA bearish right? Then later in the day, let me adjust Market breaks over 50 SMA pop. then we break 50 SMA little drop.

then we break 50 SMA that's a buy pump. then it crashes back down to the 50 SMA bounce. and then yesterday yesterday, oh yesterday, right then yesterday, where is the 50? SMA the 50 SMA is right there at about 45522. So again, Market sells the 50 SMA breaks 50 SMA back test 50 SMA sells away from 50 SMA Then the reversal scam pump yesterday back over the 50 SMA So everyone short yesterday is no longer short because they're getting squeezed out.

so they get squeezed out. Now the market does what falls back over. where does it fall back over? Pretty much back to the 50 SMA man. So yes, that's what happens when you're getting Chop markets.

the market can't find direction. Um, so when it comes to moving average systems, every system that's a trend following system struggles in consolidation because the market goes up and down so you keep getting up, down, up, down, up, down. all right. So if you can recognize consolidation sooner then you trade like a high low fashion.

But anyways, um so yeah, Market is still uh, over the 50 SMA So even though it's selling off and it looks bad this morning, it's still not into. um, you know it's not below the 50. SMA So pretty much that means you'd theoretically be long bias in terms of trend. but since you're in consolidation, you can still get false signals.

So so that's it, right? I mean like that's just it over the 50? SMA You're bullish below it. Bearish. It's a trend fing in it's a trend following system. so if in the event you're in consolidation, that concept will look like it doesn't work.

but you know. So SPX has been going down Down Down All right now. I'm going to go and continue checking on some some of these volume and stuff like that. So wait.

I got to start One, two, three, Four Five six. So far the calls have more activity at six out of the money than the puts. so activity is higher on call side. but that's don't actually I shouldn't even say that yet.

That's got one. two yeah, looks like those dropped off a cliff. Pretty pretty good there. 668 Five, 502, 143 Just double check.

Yeah, it looks like S One one 507. Yeah, this one is. Uh, this one's a little tricky today. it's not super super clear which makes sense cuz you know we're just basically popping up and down over under a 50.

SMA So after yesterday's action I'm not surp surpris that the options Market's like we don't know what's going to happen. sorry uh. but as far as I'm concerned, it looks like there's more activity on the call side this morning. I'm not super confident in that one because we're not getting huge readings.

There's not big discrepancies between the calls or the puts. It's all pretty within I would say like a normal, uh, normal range of discrep y right? So it's not like we're getting anything that's like whoa. That's interesting. It's like yeah, kind of makes sense.

So um, I don't have any sort of indication as to really anything based off the puts or the calls a day. Now that could change. As we get close to the open, we still have another hour and a half till the open, so that could change. but currently in the moment, there's nothing that's just standing out slapping me in the face.

That being said, um, it's also Friday Cheers to that folks. Cheers to that! Uh I'll be right back. I'm going to actually go grab a coffee a wait. All right.

Yeah, back on back on. Yeah, so you know what I'll probably do is, you know, as we get a little close to the open, just kind of keep reanalyzing that stuff. Um yeah, yeah, and then uh, real quick. who was, um, let me pop this to primar is this PR No, it's not.

But I guess it's all good even if it's not okay. Does anyone remember yesterday premarket when we were talking we like, hey guys, we're coming into I mean you could do it Just kind of like this and this oh shoot, does anyone remember yesterday was with us on stream Yesterday we said hey guys premarket we're coming into the top down 30 minute resistance vwap. We're going to wait for data, but this is probably an area where we're going to see the market try to sell down anyone remember that Noah What's up man, Toad? Sage Hi good morning. Yeah, so um, there you go.

So remember yesterday we said hey, there was someone who topped the market here they're selling if they want to continue that Trend they would most likely want to remain below their average price which is here. So again, that's top down resistance how we derive that top short move there yesterday start day in premarket which we're kind of back below that again. we got a tag here. oh man.

I'm tired. been studying like crazy the past couple weeks and just a lot of work. Um also you know this is another good time to mention. just like a little tidbit which is n it doesn't matter, doesn't matter, not mention I just say tops Roll bottoms B but um but yeah as far as like support goes uh for 30 minute vew apps and things of that nature I don't have support right now until here.

So theoretically as far as like a Dip buy goes like on the 30 minute strategy and things we pay attention to I wouldn't even really want to buy the market until 4529. and now that's incorrect because as the Market opens, these are going to update a little bit so these prices will change. But if I had to say like in the moment where the support V apps to be it, be here. me down in this area at about 453, 45, 42s Um, does that mean the market sells off to there? No and yes, um I Basically look at it as when they meet right? So the market can do whatever it wants.

it can have whatever Randomness that it chooses as it meets those right so it could drop here. Pop this that this that just go sideways and then eventually they catch up. So these are going to be some very uh, key levels I'll be watching for Just like just like the other day, right? Remember tracking the top down move and then the vaps are here. You know.

Same same logic, right? Whoever bought this bottom yesterday, that was an aggressive long move. It was a strong long move and I'm interested in their volume right? because I know for a fact retail didn't bottom the market here. Retail did not launch the market here. Yes, they were probably caught in the squeeze and got smoked.

Uh, but retail again doesn't generally control the market bottoms and Market tops. Um, they're usually the ones buying the market top or selling the market bottom so you know. I'm I'm I'm keen on tracking the volume weighted average price of such Traders and buyers that were able to pin the market here and RAM it up right and their volume weight. average price of those dips would be somewhere in the 45427.

Okay, um so yeah, that's that's that. That's a key level we would be watching. Um, not I don't know again. I'm not crazy about the chase down to that level.

Um, not that it couldn't happen. Yeah, that's probably that man. And also, um, I mean I could go over so many different things, it doesn't Even at this point it doesn't even matter. there's just there's too much I could cover with you guys.

Um, you know, like this top here I think was like a one I think it was a 61.8% retrace of the impulsive reversal. or maybe it wasn't may it was a different one. Oh no, it's sorry. 38.2 Yeah, so like also if someone like is seeing this is like a top right.

For example, if they're seeing this is like a top, you know someone. I I Know people will run a Fib like this, right? That's a reversal down. there's your golden Pockets 38.2 So if that was correct, then you'd expect a taret down to like 4 5560s. Um yeah, a bunch of different ways to to do things and look at things.

Uh, today. I'm wondering if we get a gap. If they open this with if they open it flat then that's just going to be oh well. the close is up there so it should be a gap down.

Yeah, so we're going to be trading down to start the day most likely. Oh man. I'm tired I'm sorry I'm sound like a little Sally here, but I've been at the computer for like 2 weeks straight for like 12 hours a day, 13, 14, 15 hours a day working and studying, then between like I said fixing up basically three properties and showing houses. It's uh, a little intense.

So yeah, um yeah. as long as the Market opens with a gap down, then um, here's a rule of thumb. and when I say the rule of thumb, it's legitimately the rule of thumb. It's not like it's not okay.

When something gaps up or down, it is more likely to a go in the direction of the Gap B attempt to go in the direction of the Gap C go in the direction of the Gap even after a pullback d is it fails but you have a B and C first immediately goes in the direction of the Gap attempts to go in the direction of the Gap, then fail right or dip, then go in the direction of the Gap to Target Um, so generally speaking, whenever you have a gap, well, it's debatable because there's multiple different gaps you have common gaps. Open gaps, Runaway gaps Breakaway gaps. Exhaustion gaps. Sliver gaps which we're not going to get into which is in the form of open gaps.

Sliver gaps come from open gaps. and anyways, we can't give up that one. That's a that's some secret Sol But sure, it's already out there. But anyways.

Um, yeah. so so as far as gaps go, um, there's a lot of them. But generally speaking, the most common rule of thumb is you trade in the direction of the Gap. The problem with trading in the direction of the Gap is people buy into the Gap and they have no idea from there they're like, oh, it's gapped up I'm going to buy it and hope to make money which as we all do, right? Um, but I mean let let me, let's let like, let me just walk you through this Guys ready? Let's let's just go.

This is the like. The last See, this is what problem. this is the problem. I Just like I Cannot help myself but teach people.

It's just like I guess it's just in my blood. it just like it just I Guess this just who I am at heart and at nature. It's like no matter what I do I just can't help myself but just to teach and just keep showing and because is just naturally in my blood. All right.

So you guys see this. What is this? Okay, so look at this is let's let's just go so far back so that you guys don't think I'm just using previous like most recent price action and so I could just I could take you as far as I want back in this chart. It doesn't matter I could go all the way to freaking to 2000s and I could show you it maybe I don't know if the chart goes back that far, probably not. but oh this is a five minute.

No wonder why it's not going back that far. but I'll go to a 30 minute because a 30 minute will go back really far. but look I'm just going to scroll back I don't even know wherever. okay it stops here.

We'll start here. start all the way back here. have no clue what date this is but what I'm and it would suck. If this it's not going to stop working.

it's just it's just not right. It's like oh I should but it you know people are scared. it's just it's not going to not stop working. it's always going to work because that's what the market does.

Maybe not I don't know. maybe that's overconfidence I don't know. but here you go right? So whatever day this is, don't know? what do we have? We have a gap up. What's the rule of thumb? Trade in the direction of the Gap Okay, so we know to trade in the direction of Gap What's next? you always Target the 161 Target of the Gap Where's the 161? Target There you go Right there.

378 went a little higher. Guess what? I don't care. All right next day. what do we do? Gap up trade in the direction of the Gap Where are we going to go? We're going to try and go 161.

Okay, oh there. got there. We go where you actually can't see it cuz I like did it. Stupid.

but there you go. Uh, sideways 161. It might be a little off, but there you go. 161 could have go higher maybe.

Guess what? I don't care? 161 Tag Bang down. All right. awesome. Let's go to here.

o Gap down. let let's see. All right. so gap down Oh wrong thing that's a profit Target Um okay there we go.

Where do we go? Target 161 Bang down Could It Go more? yeah maybe I don't care. hit Target Bang done. All right. cool I Don't know where's our next? Gap Oh, there's a gap.

Let's run it here. All right. Gap Perfect. Boom.

Where we going? 161 Could It Go 261 Sure. Guess what? I don't care. Bang done. There you go.

And and I'm not doing these as accurate as I need to just because I'm just showing you so many. but this one realistically would have been a 1, 161 Target of 3812 then a 261. Target here. Bang done.

All right. Cool. Where's the next? Gap Ooh Beautiful. huge, huge gap down.

But see, this is also kind of like damn right because if you run the strategy here, you'd be like you'd miss a whole lot of money on this one. So again, you have to be able to. So again, you know that's the other thing is like, you know, like there you go. So like there's your 161 Target down.

This one goes all the way through 423 So that's like an anomaly day, right? You know very, very unusual that you would see that right? U But there's a gap down. there's a 161 tradeing direction of Gap. All right, cool, Bang done. Um, but like I said, you have to be able to discern when things may work better or worse or whatnot.

And again, like we said before, that's you being able to use the tools and indicators you have without clouding your judgment. Everything you do, and every indicator. Every tool that you have has a specific purpose and usage. It's when you use it wrong, or you take the information from one tool and override another when the one that you're overriding is the one you should actually be using in that moment in time.

and then you go. Oh, indicators don't work well. You're probably applying wrong or wrong situation. It's most likely the case.

All right. Um, and I'm not saying I do it perfect, but that's generally as Traders what happens in the mind. Okay, so there's Gap up. What's Target 161 Bang done? Okay, cool, where is our next one? Oh Huge! Got to love it.

So here's the other thing too. Do Not be scared of Big Gap UPS or Big Gap Downs Those are the ones you really want. Why? Cuz big gaps mean Big Targets ready. See now we're getting into a Big Gap ready.

Big Gap Big 161 right? Instead of having just like a quick little candle pop, Now you get some bangers right? Um, yeah, so that's that. and even this one like I Can already tell. this one probably hits Target Looks a little funky but there you go. Gap down.

Boom Target 161 again. So um I could do this all day. Ooh big old Gap down. got to love it.

Gotta love it. Hit him with a smack baby. Banger All right, let's go find some other ones. so let's go find some big well I'll just take you to where we're at now.

So now that you've just seen me do that all from who freaking knows when that was all right, let's go back to where we're at. Now on the chart. See like here, let's do this quick one real quick. Ah, this one I can visually see it probably got to 161 and that's probably about it.

We'll see. Oh damn it, wrong thing there. you go right to 161 Penny Tag and slam back. Okay, Um, but yeah, we'll go to where we're at now.

o But but look at that one dog. look at this boy. Sick. look at that.

Banger your first Target's a mile way. you know. Here you go Gap up Banger and now obviously I'm showing you ones that clearly are working because you can look at a chart and figure out it works. Now there's times where it doesn't very rare.

Um, usually when it doesn't work well or it's really, it's because you're doing you're you're it's on. It's going to be like a common Gap right? Um, like I said before, there's Breakaway gaps. There's runaway gaps. There's common gaps.

There's opening gaps or exhaustion gaps. right? If you're on an exhaustion Gap and it gaps up, then yeah, it's going to fail. Duh, it's an exhaustion Gap right? So applying a strategy in the right moment. Um, so where are we at now? Is this where we're at? No where are we? dang I Went back far Dang dude.

All right here we are. So take everything you just learned from 3 years ago on the chart and let's apply it to current day 2023. Okay, so we'll start before the market went into a Buy Signal Okay, so we'll start in the October low. Okay Gap up what we going to do Ah damn it.

wrong thing Gap up what we going to do. We going to go 161 though Banger All right, then we go into a Buy Signal This is a small Gap We're just going to leave it alone. let's go to the big one. So we go into a Buy Signal ready.

So this is a Buy Signal To me, these would be um I would consider them Breakaway gaps and runaway gaps the way that it's taught in the Academia world or academic world. They they may may or may not consider them that way I guess I wouldn't know totally for sure. but generally a breakaway Gap They're like oh, it's breaking away from resistance and things like that. but it's like if you look at this gap or like this Gap like I mean yeah, maybe you could say like it broke over this resistance, but like that's not even like it's resistance to me, right? But like in terms of the way it's taught online, like online, it would be taught like that's resistance, right? Like it wouldn't be taught that.

that's resistance. But for me, that would be the resistance to break. Partly because you know if you look at this downtrend right Market goes into a downtrend and then it hits the 50 SMA and stays into a downtrend. So for me, what this means is that that right there that candle bang that that's where a lot of sellers came into the market.

So for me, I would be looking to break over this level in the chart of that recent tag of the 50 SMA right? because if going below the 50 SMA is a sell signal, bang down and then staying below the 50 SMA confirms continued downtrend. then someone had to come in and sell the market sufficiently enough at the 50 SMA to then create this next leg down. So I'm interested in that sell point right there. Okay, um, and then same thing kind of like as you come into here, right? So this was the breakdown.

see that that was the breakdown of the 50 SMA that led to a big selloff. So I'm also interested in that spot, not the high here. I'm less interested in this High Point Not that you don't see it doesn't kind of work here, but I'm actually like more interested in that spot right there. Uh, where the market breaks down the 50 SMA because then that kind of becomes an over under level as in this is where the cell signal was.

So this is where like the truest form of like activity or like algorithmic kind of area would be right? Um, so then you can kind of see, we run into it. resistance pop over. We're kind of fighting it, right? So while there's some people that may be like going like resistance, is this top I'm looking for? Are we going to basically flip over the previous cell signal level which was there and if we can flip over that, we should kind of keep upwards? That's the concept, right? Um, so there's a lot of rules a lot of things I follow, but there's a little tidbit for you guys. So like I was saying the way that they teach it in online Google Basically what like the mainstream propaganda push would be, is that you should look for resistance up here.

Okay, whereas I would be looking and saying this was resistance just that because that's the 50 SMA tag getting over that significant. So when I see the market Gap up over that to me, that would be like a breakaway Gap or a runaway Gap Um, actually let me rephrase that this would be the Breakaway Gap here. this would be a runaway Gap In my opinion, Breakaway gaps are the start of a trend. Runaway gaps are in the middle of a trend, etc.

etc. So Um, I assumed that you know a couple weeks back this was a runaway Gap right? So runaway. Gap Uh, what are we going to do? We're going to FIB out the move. So again, we're going to Target 161.

So on this day our first Target was 428. You could literally go to my Twitter and I told you was going to go to 428. That's also why I believe that I've been kind of shadowbanned on Twitter and maybe even YouTube a little bit because again, I could you know like I would love for Trader TV live to invite me on one day and we can, uh, we can go. You know, hopefully teach some of those Traders as well.

Well um, you know there you go bang for 161? you know, like you know? So there you go. Hope you guys enjoyed. So there's pretty much like 10 different forms and not really. but like that's like, you know, it's a lot of strategy that we use throughout the day and watch stuff.

Um, so options ABC goes towards Gap Direction Yeah, pretty much pretty much so so. Like for example, um, what you just witness legitimately is a strategy you can use literally. You could wake up every single day, figure out if there's a gap if there's no Gap you just close your computer down and say it I'm done. That's it I don't do that because I love this So you know, but there are days where we do I do my first trade on the day and I'm like I should literally just go hit golf balls.

That's all I should do like I already made some money I should just do nothing, be a lazy ass and go hit some golf balls and then I'm like but I love it too much and we got cell signals and vaps and like that's what I'm saying. that's one trade strategy one the Gap and go. then from there we have the buy signals, the sell signals, the Buy Signal vaps the sell signal vwap weaps standard deviation plus 3's minus 3s. What else do we have um the sliver Gap I mean so that's it.

It's like there's so many different things you can actually apply in a day. It's like you just kind of pick and choose your battle. So but yeah anyways, you guys get the point I talk too much I really do see that's a problem I have ADD it's uh, it's it's a problem. So if you guys got any questions, feel free I only got like another uh I got like another 30 minutes here.

15 minutes or so so if you guys got any questions feel free. This is the time. um like I said, this is. this is pretty much what I do I just kind of sit, watch things, analyze and when I feel comfortable with something I will trade something or watch something or do something like I'm kind of like I I will say that right now I'm kind of like little hesitant on Market only because like I can just I can just see basically something has to give right? right? I mean like we just kind of been chop down, Pop up, scam down, Scam up right? So and I like using the word scam it's just a funny word.

That's just it. but like we could call it Tom Foolery Tom Foolery down Tom Foolery up Tom Foolery down Tom Foolery up right? So it's like when you start to see that you can't be like overzealous. Long Overzealous. Short overzealous, long overzealous short You kind of have to be like, let me just kind of tiptoe around and just kind of see how the Field's looking and then if something makes sense, maybe we'll take a stab and that's all you're doing right.

So when things start to do this wavy back and forth. not that the market won't make some awesome move and blow off the top or slam down the bottom, it's just like do you want to be the one to try to make that move happen or do you want to be the one to let the move happen right and just tiptoe around it until it happens. So that's kind of where uh, my mind leans to. uh.

There's also a rule that I follow for this, which is a double cross system. So this is something that I use to basically help me confirm sometimes that we're in a consolidation moment. So Connor don't be a dumbass and go rally in a bunch of when we're just going to be doing this back and forth right? So uh, let's get that going. But yeah, like I said, if you guys got any questions, uh, now is pretty much the time.

I Literally feel like no one ever ask questions anymore these days? Like literally no one? Granted it would make you know. Granted I feel like we don't really get all that many new Traders uh viewing our Channel usually I I Want to say most of the audience here on YouTube Twitter and pretty much anywhere uh for us is is mainly seasoned uh Traders for that matter. So usually the questions are less. um but imagine if right? Like for example I Could you know? Um, you know, take some new Trader that was going to go on to Google today or YouTube and start learning about the stock.

Mark Say stop, stop, don't just come come come come to me. Let me show you one strategy. Here's the Gap strategy. There you go.

Stick to that. Don't watch another YouTube video and the dude would pretty much wake up and have pretty decent consistency as far as directional movement of the market. It's a gap up. Okay, we're going to trade direction of the Gap where we going to go 161 or try to go 161.

Is it going to work every day? No, but majority of the time it will so don't over leverage. If there's a gap, train the direction of the Gap. Make sure my entry is good. Don't chase if I make money great.

Shut it down next day Gap No Gap no trade next day Gap Yes Trade Does it work? Maybe, if not sucks, move on right? then he won't have to go and look at necessarily Macds and Penny Stock volumes and this and that's at least he can jump start into the right direction. Um, but that would also be bad for the stock market business. So that's the last thing that they want to pump to a new Trader The first thing they want to send to a new Trader is look for a pattern. Look for this.

look for a picture of a wiener on your chart with a big head and then get gobbled on it. Um yeah. 10K account Really difficult to get around PDT 100% Um, it's it's such a double-edged sword game. Uh um yeah.

I mean the I mean dude, it's such. it's such a complicated answer. It's not even complicated. It's just like if you're trying to grow up fast, you're going to have to take on risk your Investments.

If you're willing to grow it slow, you can do it slow. But it's like it's just the problem of psychology. Like we all want to be some badass. Trader and like you know, be able to just like hit all the moves all the time, actively manage our money right? and that that's literally like a norm of the United States investing world, right? The Buy and Hold is boring.

The active movement is cool, so that's what you got to do. Which to a degree, Yes, to a degree No. But honestly, like like for example, you have 10,000 This is this is a bad way of. but like I Don't say it's bad.

but here you go. like 10,000 So what is 10,000 That's 40. Wa this chart looks all jacked up. Hold on Tqq.

Okay, so let's see 10,000 So you get like 4 400 shares right? 40 times. Oh gosh tired. hold on doing some calculations. No way.

Nice. I Got to take one of my bracelets to the jeweler today to get cleaned I Put a reminder on my phone from like a year ago and totally would have forgot. Probably still going to forget. Oh real quick.

I'm going to play something for you guys cuz it's freaking awesome if you will. This had been said online. there was all of the criticism. there was advertisers leaving we talked to.

Bob I Stop. You hope? uh, don't advertise. You don't want them to advertise. No.

what do you mean if somebody's going to try to Blackmail me with advertising, blackmail me with money? Go yourself. But go yourself. Is that clear? I hope it is. Hey Bob that may have been one of the best mic drops I've seen in my entire life.

I Couldn't have been more happy to to see that. That was hilarious. Uh, my Twitter is BR I'll just put it on the screen. Uh, actually most of the work is done by my dog.

his name is Cody So that guy right there Cody pfr He is the one that posts all of this. Not not a human. that guy. that one.

I Love it dude. 11,500 posts 2,100 Folly That's comical. Um, but yeah, as far as your question about PDT and Tqq goes, Um, basically you could have bought Tqq at 32 bucks on her last Buy Signal code. So you said you have 10,000 10,000 so you could have maxed out your account and bought 312 shares.

All right, so you could have, let's just for fun. Could have just went straight: Max 10K Whole account 312 shares. So 312 this goes up how many dollar for our first sell right there. So that went up 650 times by 6250.

So theoretically you could have made $2,300 $231 is from the last, not the last one, but from that buy signal to the sell point when we broke the 50 SMA. So essentially from closing over the 50 SMA here and closing below the 50 SMA or breaking it there, your full account would have got got two grand, right? Are you going to do that? Probably not. So you know if you do 10% So if you did, 10% of 10 grand is 1,000 divide by 32. What is that? 31.5 So you could have gotten 31 shares by only using 10% of your account 31 times by 6.

What's that like? 90 or something like that? Or what? am I I'm a dumbass? Uh, 180. Um, yeah. So what you make like 180 bucks? Yeah, such a dumbass. What? 90 No, it's 1880 bucks.

Yeah, so you're going to make so you could have made 187 bucks right there pretty safely. Pretty soundly So again, you're you're in the pychology of picking and choosing your battle of how to get over PDT All right. So What I just put on the screen for you is an effective strategy, but the only way to grow up fast is by leveraging up a lot of your account. There's no good way to get over PDT There isn't.

You know I mean there isn't. There's just no good way to do it safely and quickly. So as long as you're okay with being a market participant and not just banging out crazy trades, then you can participate in the market for the rest of your entire life. Literally, you just have to disconnect from the social Norm of I have to make a ton of money or my just just that.

Oh I Got to get over PDT No, you don't You don't. You don't have to get over PDT You want to, right? So the more you want, the less you get, the less you want. the more it comes. So are you happy with putting a th000 on the table and holding it for a couple weeks for 200 bucks? Or do you want to go 10,000 get two grand, right? Um, again, it's just a mind game.

it's just that's just what it is, right? So you know I would rather sit and be able to watch the market, just watch it every day for the rest of my life. Well, not really I don't really. want to sit at a computer every single day for for my life and specifically watch a stock chart. but I want to be able to have the luxury to participate or be active in the market for the rest of my life if I so choose I can only not do that if I screw myself over and the only way to screw yourself over is well as Warren Buffet says liquor leverage in women I have liquor I have leverage and I have a woman.

So I'm pretty much done for anyways, but you might not be. So what do you like to trade in a down? Market J Crazy. What do you like to trade in a down? Market Um, nothing. I don't know anything that sounds stupid, but when the Market's going down, most things are going down.

So just put it this way, when stuff is going, when the market is going down, most everything is going down. not everything, but most everything. Therefore, what do you want to trade? I Don't know What do you do? You want to trade something that's highly correlated to the S&p500 or Loosely correlated Loosely means if the market goes down, it may not go down as much. If it's highly correlated the market, it will go down almost at a 1:1 ratio of the S&P 500.

Normally not a 1:1 It's very hard to get a one: one it's It's very hard to get a plus one correlation to pretty much anything. to a degree it's usually going to be like8 not not even that. It's just like that's the threshold of like strong correlation is a08 Factor So your question, what do you like to trade in a down Market Uh, I mean the reality is I just follow the Spy Pretty much so it's like if the Spy goes into a sell signal, I'm just going to basically be trading the Spy Bearish, right? So it's not that I'm actively seeking out stocks to short when the market goes down. That's mainly because I've been so focused on the S&P 500 and really drilling down strategy in Edge there that once I know that that's all pretty sound and and I and I'm really efficient there.

Then from there it should be no problem just grabbing stocks on the go and like yeah, we're just going to take that one. So I guess you can say I'm still in the process of like really, just want to dial in the S&P 500 as much as possible because I know that that pretty much runs the world and the market. So once you know that everything else really falls into place in terms of you know how things are going to move right? Because I know that if Apple has a 08 or 085 positive correlatio