Good afternoon Ladies and gentlemen, boys and girls, welcome back to the channel! Alrighty, so for those of you that watched our videos the past couple days, then you are up to speed. For those of you that haven't watched our videos for the past couple days, I will suggest going back and watching them. Um, and if you don't go back and watch them, that's okay. Just trust that.

we have mentioned, we were anticipating the market to fall to the prices of there are 440 to 438 before we should consider a short-term or just in general a bottom reversal law. Okay, so effectively, the stock market has sold down to our Targets, so our short Target is being fulfilled. Short targets end up being long entries in Long Targets end up being your short entry. It's like a ping pong match.

Essentially, When one person serves up, reaches the other side meets destination, other person returns it all right. So the stock market is essentially selling down into weekly support levels now. Therefore, you should stop being short bias essentially. or you should start becoming more aware or coming into support.

And now you want to start looking for long bias development. So you will see here on this chart that we have a Zone mapped off from 440 19 to Uh 438.39 And ideally that's because we aren't entirely sure whether or not we're going to support the 440 or if we're going to dip down to here. so we kind of have this mapped out as a Zone. That being said, our first tag of our weekly long entry zone is right here.

this bottom. That right there is the first tag of our weekly long. Zone So I guess it would best be to say that you make sense I Guess it's best to say that the short is probably nearing completion if I had to guess. Um, and realistically, we could see this.

maybe drop another two to three dollars a share. Now one might say two to three dollars a share. I Mean that's still a decent way to go. How could you say the short is almost complete? Well, we have to understand that the short signal and or the sell signal in the market started at 448 and now we're at 440.

So we've already moved down eight dollars. ER What did I just say? we're at four four? Yeah, so we just moved down eight dollars. So now there's only potentially two and a half to three. Downs So yeah, that would mean 85 to 80 percent of the short move is complete.

So we might have a little more down here, But arguably, we probably need to start considering the opportunity of a long bounce. It's possible that I'm wrong and that we won't have a bounce in this 440 438 area. That's possible. Uh, but for now, we have to assume there's going to be and if it doesn't bounce here, then we're just going to adjust to our next long Zone which isn't very far off and that's going to be down here at 436.63 to 434 50.

So that being said, we're going to start watching long. How far is the bounce going to go if we bounce off this 440 and really pick up over the next couple days? Realistically, it should bounce back up somewhere to, uh, maybe 444 area 444, 445, 446 I think is possible. So I think we have a five to six dollar bounce coming on the market? That would make sense to me. So what we're going to do is basically look for a four five dollar bounce on the market back to the sell signal.

Would it go to sell? Well, we shouldn't probably go to sell signal because we got a continuation. so we should look somewhere like 440 250s would be logical for now obviously for yeah. So 442. All right, there's that.

Let me just do another little move over here. I'm just trying to gauge the best case possible scenario. long. So I would say the best case scenario long off the bottom would be right now four four seven, Five nine.

But the easiest logical would probably be back to like the sell signal V Web continuation which is around four four two fifty. So yeah, this next bounce area we won't look for anything really more than obviously the 50 smav our cell signal. V web continuation location. So here from 44250 to essentially 444 uh, would be logical for that bounce and it doesn't have to do that, We're just thinking if a good Bottom's put in and we're gonna rally where our strong resistance points so it makes sense to go attack and they're going to be somewhere on the 442 area.

Okay, so with that being said, that's pretty much it. Just try to come out here, let you guys know our short move appears to be nearly complete. We're probably looking for reversal Longs here to come in the next couple days. All right, take care.