Um good morning, everybody good morning, good morning, good morning, alrighty awesome well uh, happy tuesday to you guys, just put it there. I guess that's fine! It works so good morning. Hello, hello, sorry, bob yeah welcome to another another day, back um, so same old, same old omicron, ami chromo, google, chrome virus. I don't know something like that.

So that's all happening. You've had a lot of penny stocks. A lot of momentum going uh today mark you took a pretty big gap down, so i would say this is kind of how the market sits. Another gap down below our statistical mean i mean not really surprised, doesn't really matter um.

Some news this morning to israel. Doctor i mean it's just it's just the same thing. It's omicron variant, scare tactic here now probably gone by tomorrow, um yeah, that's about it so um. I just think one.

One of the plans i had this morning for the spy was pretty much just to watch. It go back to there um, so that's kind of like the first plan i had was just watch the market, long bias back to. Is it that price? I still think it's that price, but about like 464 was was one of my assumptions. We could see the market um retrace off this gap down as high as 465.

now, if the market went all the way back up to 465. At that point i would really be watching the volume carefully, because you know if it wasn't a lot of buying volume once you got there, then i would imagine the market falls back into a short. So um, that's one plan. You know if the market rips up, you know maybe trade up some long a little bit and once we get here, look for active selling volume to then go short.

That's one plan um, that's also the spy. So right. What does that look like? If that happens? Okay, so what is it? What does your morning look like if the market goes like that, if it does what we first just said there if it were to do that, then there's a strong chance. You're gon na see bullish movement out of the gates or what have you on a lot of plays and then, of course, if it, the market, you know, tops around 464 and then it rolls over and we see more bearers selling, then uh.

Your stocks would probably look somewhat the same. So if market rips up then sells down your stocks, probably bounce up then sell down um. That's really the only game plan i kind of made so far in the spy, but we'll get there we'll get there um. You know so that's what i mean is you know, that's yeah, that's about it.

So, let's recover a little bit from yesterday in the spy like i said, most of the stuff i've been watching is just kind of the the indexes for the past couple days, and this is always what i do literally. This is. This is exactly what i do anytime. We start to get volatility in the market.

I just watch the market um for the most part, not always, but so you guys know four hour. This line we've been doing this for like a week now, um so you'll, see that yesterday on yeah i mean i feel, like i just repeat myself so much that i'm like. Why am i even saying this, but you know anyways, so yesterday, market up two four hour trend: resist like pre-market after hours for a little bit dips to start the day um. Then we come up and cross through, so that was kind of that breakout on the day.

You will then see the market pulls up and then pulls back exactly to the white line to test the breakout that it just had. Then you will see later in the evening we roll below it and that's where your breakdown starts. Okay, which then brings you back into some like previous price levels. So again, the market now just gaps down overnight back into support based on previous price levels that we stopped at now, the next closest statistical level.

Again, i haven't gone too far in depth this morning. Some might already think this is pretty in-depth, but this is only scratching. The surface kind of there could be many other possibilities. Um the closest statistical level on the spy is back up at 464..

So you know my thoughts were the path of least resistance. In my opinion is back up to here, as opposed to down and through all of this stuff, from pre-market and through, like all of this low. So to me, the path of least resistance was actually back up just to retest that, because, if you look left, the only thing you have are just downward candles, there's really no basing action through that down drop. Now, if the selling pressure really is that aggressive, it doesn't matter what i just told you all right, so you know the reason i put so much emphasis on this line, and this line is just generally speaking right.

If you look at yesterday's trading action, how many times did we trade at that white line right one, two, three, four right, so four tests of that white line yesterday, so it's just very common that you will see many stocks and stuff trade around your statistical levels. If not to and from and off of almost every single day, so when i come into the market, i'm generally going to pick wherever those statistical levels are to say: hey we're, probably going to try to touch that at some point, pull back off it go to It so that's just kind of my guide doesn't always work, but for the most part it's pretty good. So you know if you're, watching markets long out of the gates. That's fine! You know.

If you want to do that, i would not be long biased more than 464 for right now on the upside, the spy to me. Well, it does give some downside targets, but the downside targets, if you're going for this means your bias, is that we're going to actually take out the previous lows, which is more than possible right. I just kind of thought to myself like maybe in in believe it or not. If you look at this four-hour candle, remember how we were just talking about you know the market would maybe want to go up and sell off that level.

You know, isn't it ironic that the ghost wick is all the way there think about that right, and that happened the other day too. I think so. That's also something i don't really understand fully nor understand completely, but think about that right. Watch, this okay, so just for fun, go back to the four hour chart um, look at that line, okay! So, look at that statistical level there, okay and remember like five seconds ago, i'm like you know markets might want to go back up re-test before pulling down.

I mean look at that wick right. Look at that. You think, that's by coincidence. Look at that look at the ghost wick that wick, that's always so random on the stock chart perfectly tags.

The level that we already knew existed from five days ago that we're talking about seven days ago that we're still talking about because the markets are still trading on these statistical levels, and then this morning, this big random wick is all the way up there. Now i can't tell you that i know how to interpret that to make sense of it. My buddy brandon my partner's a little bit better at that. So might be a question for him.

Probably i should just ask him to get re-clarified talked about a long time ago, but he puts emphasis on those, so he definitely knows more than i do regarding that, but it to me it's not a coincidence right, so you know that's another thing. It's like sometimes i see that and i'm like does that mean the price theoretically already tagged and now we're supposed to you know like if we were supposed to reject off here and then pull back it's like. Did we already go there? So those are these questions. I kind of ask myself that i don't really know the answer to so.

Mr connor hello, everybody good morning, good morning, good morning, good morning, good morning, ev sector looks strong for the week uh. Let me write that down. You know. I was just thinking about the ev sector this morning, but i didn't actually look at it to be truthful with you, i'm kind of tired, so i didn't really put in a whole lot of effort this morning and my gut instincts where i might not understand the Market completely today, so i think i'm going to take it a little slower than i was the past couple days.

Just writing a reminder here. Are we testing friday lows amd amd's, moving strong uh tesla, my uh partner, brandon's, watching tesla a day, i believe on the longs a bit? Well, if things pan out one way or the other yeah, i think he's got that on watch. True vision, um max yeah, i mean i did mention that and that's that's the news on that regarding trading view, so anyways yeah. Regarding that that's the spy.

Now i want to take a look at the cues because looking at both of them can help you a bit um so yeah i mean. Let me delete a couple things here and we'll just run through the queues. All right so same thing as the spy except the queues are wait. Yeah the spies below q's are above yeah.

It's a little difference between spy and q. Here um, the cues are above the four hour trend, as opposed to the spy it's currently below the four hour trend that we've been discussing so strongly um. This is the daily chart. Guy probably have a weekly.

Well, we do have the weekly trend in there. We're probably at to map off, so let's just do that now: okay, so that's that um! So pretty much in a nutshell! For everyone! That's like big bear day big bear day. You know, i'm always one! That's like! I got to kind of see how things shake out a little bit um, but i always have a plan and, and that plan pretty much is well what is that plan? So if you look at the chart well yeah, i kind of have to finish here before i speak all right, so uh on the downside. Right so somehow, let's say this reverses and rolls down on the day, then my like max downside target max would be three nine.

Damn it would be 390. okay, then it would be so like pretty much. This would be it right if this market somehow rolled down. That would be my first target if clear that that's my next target, if clear, that that's my next target and that's how you play it all right, the other way of thinking, that is, if we're short - and this is our first target.

That means i would probably cover when i cover what happens i buy. Hence why we might do the counter trend bounce. If the counter trend, bounce doesn't hold up anything more goes below target down. Counter trend doesn't hold, goes below target more, that's the max.

So i would anticipate in the event you really went down there. That's wait is that the weekly hold on one second, ah weekly's in the middle, so we got to put more emphasis on this one for right now, so i'll make that the width on that puppy. Five so yeah you uh. So on the downside you know so all things equal, everything's, perfect, mcdiddley, mcdoodle market goes down, takes out these lows markets freaking out omicron variant biden, actually puts together one sentence.

We can all understand we're going in the right direction. That happens. First target for me would be 394 or just in another way of thinking of this is these are probability zones, so if the market swings and it breaks and it's trending markets will probably try to go to those levels on the downside, okay, and if we were To do that and get to 394, then i would probably like that's a good profit on a short i'll start to cover a bit, so we would probably create that of a bounce. If it doesn't, bounce and selling pressure continues and you go down to the next one.

You look for a bounce, so just know that every one of these levels is also a potential reversal, long reversal, long, reversal, long, etc, etc. Now, on the upside for the spy, the max long target, i would have the max long target i had yesterday for the spy was all the way up. There didn't really think it was going to happen because you had to get through some like previous price levels. Doesn't matter so max long target today would be up to 405 and that, arguably you know if we continue our uptrend, that we kind of started from like yesterday or whatnot.

If we continue this uptrend, you know whether it gets there today, and maybe we break 400 by tomorrow. Whatever right i mean, 404 would still be my upside target on the market. Okay, so if, in the event you know just this uptrend that we have started continues to hold right so we came down, we have not gotten above the 400 highs right, so we're down trending down trending, stop right stop, but from this perspective you have gapped up Higher low pulled back higher low, so you are creating a short-term uptrend that has yet to break some significant previous price levels. Now, if you do break your previous significant price levels, your stretch right so look at where the dotted line's at okay go left.

Look at where it lines up that previous high, that little market, but then look below there's really nothing. Okay, it's just a big ass drop. So when you come back over here - and you say yourself through this price action - look left, there's nothing but a big ass drop until we get to about here. You could argue, oh, so that would maybe be like a little resistance on this breakout.

Well, where does that line up with the dotted line about that high, so clear previous price levels? Your stretch long will be up to about maybe 406 at this point, depending on when it happens: okay, um, then, on the flip side, if this higher low did not hold and everybody that's getting long and this and that and the other gets yanker mcdoodle down statistical Levels have us all the way back to here which, again, if you look at this, where the first line's at this this white line, so we go down on the cues. Where does it line up with? I mean it right around this dip and, like that break point right. So if you're kind of doing the downtrend downtrend higher low break out right market, that line lines up with that one. So when the market was down, trending down, trending, lower highs, lower lows, lower highs, lower lows, lower high down market pops through previous lower high swing gap up then you'll see market pulls down basically to that previous level and also the trend bull flag, break up to Statistical level on the upside wait, the spy had hm.

I might be getting confused a lot of lines on my chart. So, oh that's just the previous price action. Sorry down, whoa! Well, you get the point i mean i could keep going. It doesn't matter.

So that's kind of the the double-sided coin there and everything that i see so a broken clock is right. Two times a day, two times no more than two times. You can't be right more than two times in a day with a broken clock, thingy so yeah. I have no idea, i just i just keep a bunch of broken clocks around.

That's it right. So it's like at least at some point. One of these broken clocks is going to tell the right story, and it's going to tell the right time and when i see that that clock is telling the right time you get the point: okay, um, connor! Didn't you? Yes, so aj beans yeah this time of year, typically i'm focusing more on penny stocks which yeah so yeah. I know you're not wrong but, like i said when the markets are going through big downturns, a lot of times i'll watch the markets so like at this moment in time.

For like the past, i don't know, let's see, i mean we've kind of been doing this for like a couple weeks now, um, you know market yank, nice rally, market yank, so we've been having some decent volatility. That's been nice to watch there at least but you're right in uh in the winter time this area, and what have you penny stocks are normally running, pretty good um afrm now i know afrm, i wan na say um. So, like you know, there's there's also some really good people on twitter. You can follow and every once in a while i'll kind of peek around twitter and just kind of see what a bunch of other traders are looking at and so like.

I know, there's a popular guy which some of you guys have probably heard, like adam silver. I've seen it i literally just came across a tweet from yesterday, and it was like stating some uh. I think he had like afrm on a watch and um. I think he said he was looking at.

There was like some unusual calls from maybe the 140s. I really could be wrong about that, but i think it was like 140, but anyways. I'm sure you guys could go back and figure it out um, but like um, you know see this is the deal right so like, for example, there's this really good trader on twitter. If you may or, however, want to say it - and you know, part of his watch list was doing an unusual options.

Um scan, which you know stated afrm, was seeing some potentially unusual options activity to like 140 okay. So if you think about that right, so let's just say that the market did actually. You know based on that calls based on the unusual options activity there, afrm, which i could probably find out. Let's just look watch one second, you know like.

Sometimes this is what i'll do um, not all the time. Sometimes you can get a little lost in the sauce when you go too far in some of this stuff, and it's just like take a step back. So if you feel you're getting a little lost in the sauce and just uh chill out for a second but yeah like you know, because i've done this and it's worked and i've done it and it's not work. So it's like you know, sometimes people.

You know um, the options change can can have can be wrong for that for that matter. So i don't remember what it was exactly but like look at this right so december 3rd. So coming up here a couple days, all right, you have uh some open interest here at the 135s right, so 2000 open enter. So if you just simply look at the open interest - and this is think or swim and again - i'm not the biggest options guy.

But if you just simply look at the open interest, you will obviously see the biggest number that jumps out at. You is right there and then of course, right there right i mean you got some in the hundreds 500s. I mean those are big numbers but, like you can clearly see you go into, you know the four digits here to 2000 2003. Okay, now, where are those? Where is the biggest open interest activity? I guess you could say targeting 135 140.

Currently, all right now, let's apply that logic to the standard deviation strategy. So let's say that there's somebody and remember the options market is supposed to be smarter people, and you know big money. Okay, so, let's just say, big money is targeting 135 140. I would then go and look at my chart and go.

Is there anything that lines up at the 130 140? That would tell me the market is targeting that price. To then verify that in fact, these big options, traders, whatever all right. So then we go and look at uh afrm and let's do the strategy, let's mark off all of our targets and let's map out and see what the price points are. So we come up with the line there based on the four hour, and we would come up with a line here based on the daily, let's color code, those puppies and next thing.

You know we zoom into a one minute. Our max upside target would be um about 148 and our then upside our first upside target would be 143.98 there. I think, let me just double check. I feel like that's almost wrong.

No, that's right! So the first like kind of upside target we could run into there where i would say that's kind of a resistance. Also a target is 143. um. So when you go back and we look at the options chain, all right, 140s, 135s - all right, let's go back and let's see 135.

look at 135.. You see this dotted line right there, let's color code, that puppy change it around okay. So we also have a half deviation here, so, let's zoom in again. So the way that this looks is this 135 was the half deviation so mark it up, mark it through market pull back just below market hold and there's unusual options, activity loaded up on the 135 and also up to 140.

our max long off this bottom. Currently, unless you broke through would be 144., so in the event this market does slap today to the upside, the 135s were bought. I don't want to say they were bought, yet just just in general, look at half deviations 135, so this is support. Unless, obviously, you go below it, but you theoretically will be opening up today, afrm on at just above the half deviation, which is support unless somehow the market goes below you're on support.

And then, if you look left, there's nothing to stop this market, because that's just a big down drop all the way up, until maybe the statistical level. So that's one way that i would visualize that market. I would say to myself: i have a ranging i there's a range in this market so currently, if afrm stays above here and wants to trade in between that one there's a current range from: let's just call it 135-ish to 144.. The calls open interest is 135 and 140..

You know they're, not you're, not seeing like for december 3rd. You know 160s or anything like that, because if you wanted 1 6 you'd have to go up to this line. You'd have to break that one then you'd have to break this one just to go to 160. and typically the market trades two then pulls back off up.

So what's the likely that within three days or whatever by december 3rd you're going to snag 160s. But then, what's the probability that your 135s could be in the money or even the 140s, in the event, the market at least just tries to reclaim back to the previous high or even the statistical level of 144.. So when i am looking at unusual options, i almost said auctions but yeah markets opening. You know you know the deal.

I got ta look at the market. I got ta delete some of this stuff here. Um. Do that i know i didn't get to all the questions good morning.

Another live stream. I know crazy yeah, i don't think i'll be able to uh. I don't think i'll be able to read everything all right move, this freaking thing out of my face. All right, uh crxt, is on the scanner hook is on the scanner.

Snapchats popping off this morning are starting with a nice little move kind of wonder how roku is doing. How is that a little guy afrm's up to 134, so the 135 calls are already about in the money um roku starting to move a little bit interesting. My dude tt01 still kind of just i don't know if roku is going to be able to do a champ. Just don't know, look another look at this guy.

I don't know it's kind of got. The feel kind of got that feel. Do do do yeah guys. I'm just going to be sitting back chilling for a sec.

I got to kind of get a little organized here: sweet cpi x, on the scanner, just an fyi, so i mean i'm not gon na lie, i mean roku is kind of holding up. I've been following this for a couple days and just waiting to see if we ever get uh this the bottom and it might be too soon we'll see. But i do know: roku through 239 could get a little a little interesting uh nlsp on the scanner, but also cpix on the scanner, not just an fyi, hmm, very interesting, okay, so kind of just keeping an eye on the spine. Obviously the the q right now qqq um, like i said, just kind of waiting on this guy shib gon na, be the new new egg huh oh shib, gon na be with new egg.

That's good! That's interesting kind of like that good news for anybody holding yeah. I mean so far we've kind of started with like a little up move on the spy. You know at about 10 o'clock. Sometimes the market becomes slightly a little easier to follow.

Amc to the moon gang i'll take a little peek. I don't want these to be linked. Why are you guys all linked unlinked yeah one? Thank you. I mean it's definitely, starting with some green market start well.

Spy is spy's starting to roll down um kind of close to taking out now. Let's say it's already gone through a little level, but nothing too crazy, um, laura rogers, oh yeah. I don't know if you just said that yes, aqst 228 december 23, currently trading at six good note. I remember someone in the chat room a while ago talking about that all right market started to go a little bit down.

Um like we said before, things could start to get a little interesting. You know maybe all the way down to three ninety fours on the q's, maybe even i think said, 455 on the spy. Is that right? Oh i got ta make that dotted. Come huddle cntb all right.

Let's do it at four uh i mean cntb. You are at negative, three deviation, so very low risk opportunity to basically sit and kinda. Like you said, sitting hold you're, not wrong. Uh mrna is starting to go a little bearish uh.

You might look for mrna to go down to maybe 3 25-ish area and you just filled that gap so 334, so maybe 10 points down to 334 try and fill some of the gap. A bit um amc starting to roll down pretty harsh a little bit jeez uh afrm, still holding up pretty decent within its current little pullback. So again you know market, like i said, close statistical level on the spy is at 464.. So you know that's an interaction.

Point i would like to see - or you know be on the downside of 455. Theoretically uh. Can i look at afrm, please i mean yeah, i'm looking at it right now i mean i'm not trading afr, i'm currently still watching the spy kind of do its thing. Uh amc starting to get kind of clobbered qqq starting to roll down a little bit they're, not taking out today's low or anything like that.

I would imagine, through the low of day area 397.79 is where you would start to see some sort of panic on the market: uh afrm still holding up okay, i mean just kind of sitting there staying above the 133 15s. So far, so not bad! You all right, so we just got a pretty decent hold there from the qs and from the spy, but still not above previous high a day, and if we can really trend up and through, let's say current high a day on the spy. Then, like i said markets, maybe when i say 465-ish, 464 potentially bbig recovering a little bit very nice afrm, still holding up okay you're up about 135, there uh yeah about 135.. Okay, we're just doing this battle right now on the market.

There isn't really a ton of follow through either way yet then again, we're only 13 minutes into the day, so fyi uh afrm still sitting about 130 480. tesla moving good tesla's on a nice rip. Today, bob is starting to come back up on the day, yeah that looks like so a little bit of a lower high there from the spy kind of on the one minute chart. At least that's really not gon na help, you guys any of it.

So you guys already know the deal. You know where the price targets are for the market. That's what i'm watching! What do i think of img um? It's in a dip, you might get a little pop right now looks like yeah. You might get a little pop right now on that see i mean a little bit of a pop there, um really huh that doesn't even make sense.

But okay, i mean we're still sitting in this back and forth kind of grind on both the spy and arguably the queues. A little bit q is starting to try to push through the previous high there, a decent little jump from the market. I mean yeah. I would love, i would love to see the spy all the way back at the 464 for a retest or a tag of that level.

That would be cool. I mean yeah spy kind of doing like a little rollover, candle again um yeah, i mean not a ton of momentum. There. Sellers are starting to beat buyers on the one minute chart as well.

So do be slightly careful about that. I could see in the immediate on a one minute time frame, given the spy, you would probably want to see it stay above 461.. Otherwise i could see some sellers come in press it down a little more look at neo. Yeah.

Give me a second wow. That was an impressive move. What's funny is someone messaged me on like youtube? I think last night they're like connor. What is neo going to get some likes? I'm like honestly, like i don't even know, um, it's been lagging xpev for a while.

So it's kind of nice to see it. Finally, getting a little bit of momentum, so spy's slowly creeping down a little bit more there cues kind of pulling back a little bit, but no break of the lows as of now. But it's it's trying. It's creeping! That way, so right now we do have the cues holding up better than obviously the spy.

But again i still don't it we're still grinding pretty nice. I would love to see the market, the spy back to that 4 64 as a retest. It might not get there it just might not amc going down some more, i mean that's about to break your statistical mean right now, not really looking that good there. I think i have a level down to 35 on that too.

Maybe our negative one deviation on amc is 34.. We haven't hit that in a long time. Every time we've dropped there. So you know take that for a grain of salt, all right so market right now is just testing.

Let me pull up the spy really quickly. I'm going to put the spy and the nasdaq together. I could always do that too. So one! Second, let me just do this bring up spy here all right, so this is kind of kind of how we're looking right.

Now all right markets try to kind of push up in a slight pullback i mean still. Markets are kind of grinding up. Nonetheless, okay on and yeah, the nasdaq nasdaq's working better, i mean, if you look at the technology sector right now. It's been kind of grinding up pretty nicely as opposed to the spy that one's more or less just been struggling.

So we might be seeing a little break through the high there. Potentially on the qs, the xlk select spider etf looks pretty decent how's afrm doing afrm. I mean it popped to its 135 area. Amc is on sale, uh, afrm little pullback, but bouncing back up a little the spy kind of held its previous low a day area.

Arguably, if it holds this pullback decently, you could see maybe a test of the previous high on the spy uh. If the cues break this 399 58 could definitely see a strong pop on the q's so like right now, i'm trading up cues watching markets long as we've been mentioning kind of for a good portion of the day so market's starting to pick up in some volatility. There, if the spy goes through this previous high, we could be looking at a little river magoo. Folks, sorry, i get a little excited sometime.

It's all good, all good! Everybody stop freaking out. Everyone stop freaking out kirk crankin in the bacon. You're not you're, not not bad, not bad nice, but do we really think the spy is not gon na go through the previous high of day? Hmm, that's a good question. It's a good question.

I mean i would definitely be willing to probably do like a short trade on the market at 464 465 area. So it's like i myself. I don't know if i'm willing to like take on a short trade to the mark and it's like, if i'm not willing to take a short trade on the market on the spy until 465, i mean we should probably be bulls up to 465 on the spy Right something like that: a little tickle magoo dece, all right, so locked in some money on the trade there with the qs uh still holding long, the cues um. That was good.

That helped me slide back into green kind of had some overnight positions that didn't work. So um just got into the green, so it feels good. It can kind of relax a little bit but yeah i mean i was playing around with htz, which that's not working. Um did some overnights which are starting to come back.

That's good! That's that's! A good feeling all right, i mean i guess we can give you a second or two. I mean you're right on support, so i'm not gon na cut you yet, but i'll manage all right. Um. Yes, so qqq's touching something highs.

Yesterday, that's a decent amount of money, just in case yeah i mean the market did just get right back to those highs, sure 100 100. But it looks like my platform's starting to freeze a bit. Oh my gosh, look at it. Baby, all right took a little more profit there on that pop, because that gets me at a pretty solid green day, i'm still holding some long like i said i have a potential target on the long side for the spy all the way up to about 464 Ish 465ish, so you know it's part of my belief.

It's really, you know, spy is going to target up there and, however far so basically my assumption is is i don't really have like a statistical level, i'm going for on the queues, it's more or less a statistical level. I'm following on the spy and i believe in the event the spy goes there. That's where the cues might kind of stop out for the day, so we'll see i mean time will tell time will tell all right. So that's good! I don't really have to uh concern myself too much with that all right, cool, uh, afrm still holding pretty decent there you're at about uh.

I mean it doesn't matter it's just it's doing. Okay, all right hold on someone said i am gn cancer play with news. Yeah, so imgn is down right now i mean obviously you're kind of in like sort of a dip scenario - um you're on the negative one, so you should have already been buying the dip at 605 trying to base that market on the bottom. If you want so, you know just know that below 603 you're breaking down your negative one 603 is a negative one deviation support level.

Hence why you're starting to see a little bit of a baby dip there um so remember, afrm, remember how we talked about this morning. We said the half deviation was right. Remember the half deviation was right here. That's you know blah blah blah blah right.

Look at the one minute chart today look at what happens right. Market spikes up pulls back where to the dotted white line, and then it pops up right. So these levels we're telling you they're not random. They hit all the time.

Okay, throttled heavy heavy okay, yeah the imgn uh dip so far is uh. It's doing pretty well got ta, say not bad, not too shabby so like yeah, i mean for those that are really curious. I mean these are kind of a couple things i have done. Some overnight stuff, i don't even know where that came from - i don't know - maybe i accidentally bought that, but do a couple little overnight plays and things like that shiv i got that for free.

So that's just pointless. I should just sell that honestly, um kind of but yeah, so those are kind of come in the place. 398's 400 calls um right, you'll, see where we're at right this one qqq or this one. Just today, december 6, right i mean didn't bang out a big percentage gain there, but um.

You know, i mean end of the day. You can see exactly where the market's at right. Look at my cursor 400. Look at my call, 400 mark it 400 call 400..

Okay, i'm calling the market to 400 right think about you're, buying a call i'm calling the market to 400. and hopefully passed at this point so tgtx, that's a nice little bounce. There can't complain about that. Can't can't complain about that.

Is everyone hearing me. Okay is the volume okay. Is that all cool um? So, to be honest, i have no idea what else is moving really really none. My whole, my whole game plan today, literally my entire game plan.

Everything in a nutshell was to be long. The markets up to 464 465 today, so i'm still along the queues um. I might snag back in a dip here when we get one that i like. You know that i'm paying attention to, but at this point the markets are trending beautifully to the upside.

That's it that's all we got all right. Cool sounds good. All right, i'm gon na i'm gon na pop out for a second i'm gon na get myself one of them coffees go. Give me one of them their coffees people i'll be back, but there were a couple of good mentions to follow: imgn aqst there was someone in the chat room mentioning aqst so long ago.

It's the perfect time to give credit to a random dude on the internet. That i'll never see that's been in our chat room at some point in this one, but he did call aqst down in like a couple dollars for share area, saying it was gon na be a banger. Now it's at like six. Now i'm hearing some more rumors of price targets of 26, so the dude, as of now, is entirely correct, so got ta, give him credit credit where credit's due so cheers to that guy.

Sorry, i didn't take the play and didn't mention it. Yes, i'm an idiot! Guess i'm an idiot all right i'll, see you guys back in uh, just a couple minutes well well! Well, ladies and gentlemen, we are back, we are back and what do you know? The market went up and it's kind of going all the way up. Basically, to i don't know some price target, some random dude on the internet told you it was yeah some other guy. Wasn't me some other dude, though um, but you know that's.

Okay. I've been wrong plenty of times before i'm just happy, i'm right again. Today, that's good um, so let's just double check make sure our levels are all accurate and haven't been skewed and next you know we're a bunch of jackasses trading. The wrong level uh nope sounds good.

Looks like things are pretty straightforward. Oh wait wrong thing. What am i even doing never mind, sorry see when i do stuff like that, it makes me look just like a complete bone head like. Why would you ever listen to a dude like this on the internet, so yeah so here's the deal i mean we might just see the queues all the way back to 406 dollars in like the next couple days.

So yeah that's cool, um yeah, but let's go back double ch! Oh wait! No! Those are just yeah. I got ta go over here see. This is also what happens when you have like 20 million charts trying to stream trying to trade trying to think um. So it's a good time yeah, so the spy level is still uh about 464.93 ish right uh right there, that that is the label.

Now we might not get there entirely again, it's a probability level. So the fact that we already traded to it pretty close is good, so just in general, like you know, on the way up the closer we get to here, the more selling pressure, i would expect to see. Okay, so um, you know kind of that's a deal more selling pressure. I would expect to see selling pressure.

Maybe in the 464 is 468. in the event that it, the market, just, gets absolutely yanked before going there. That could just mean that the analysis isn't right. There are some other players in the market, blah blah this that and the other, and maybe we're wrong, and at that point it doesn't really matter right.

We've made i it for me. It does, and i've made some money on the day. I'm not going to go red, so it doesn't really matter um, but the main objective is to see the market back up 464 90s right and then in the event, there's a ton of buying pressure going through it. Then it's like cool, maybe we're going to go higher and it's like.

If we get there and there's not a bunch of selling pressure, it's like! Maybe we're not going to go higher, wait so you're trying to tell me that it could go up and it could go down. I mean genius, i mean such a genius. I knew my parents loved me for a reason they said i was gon na, be a smart guy one day. They just didn't know how smart i could tell you.

Things can go up and down yeah, crazy, so um you know there was. There is a scenario. Look at this picture, it's almost identical to like last year. At some point i was looking at that.

I was doing that myself, the real one. You are you, i you honestly probably did what i did this morning, which was like i'm like i'm pretty sure i saw this last year. The same the same thing. So i'm like fool me twice.

No, don't think so. Maybe could still get fooled been fooled. A lot so, but i think, if you look at a four-hour chart, you can kind of see it. Let's see it's right well, this was yeah, i mean there's so many different scenarios.

I was actually looking at this one. This was the scenario i was looking at. This dip up, try to break through pull back, go back up, then get yanked down. So that's what i was wondering if this is the scenario we're seeing you see this setup all right.

Look at that setup. All right, then, we go to where we're at now and you're kind of doing something very similar wow, that's annoying, not stupid, hold on one second yeah, so you're kind of doing something similar not done. I want to show you guys, that's cool, just can't yeah. That makes a lot of sense, so somehow i can't actually close.

I mean, like that's just just ridiculous, sorry, guys, i'm having platform difficulties. My platform doesn't want to allow me to close out orders right now, which you know it seems like a smart thing to do. If you want to screw people over but um yeah, that's cool, i mean sure, can't even create a new order, closed position. I love it when that happens.

So give me a second all right. All right cool we're back just a little bit of a restart a little finagle magoo, and here we are things - are back to working somewhat normal, so i mean yeah anyways. I was looking back in the past and wondering if it was the same similar pattern, but it doesn't matter um, so yeah still game plan for the day, watching markets up um trend that way we'll see. So this is what i was wondering is in the event we were seeing.

Um yeah like that similar rolling over drop from the past um, but, like i said time, will tell that's a good question, though good question, i'm wondering if i should shave a little bit. I mean might as well it's a great trade already, so i still have some 399. yeah i mean i have. I don't know i kind of want to lock some money and i'm debating if you're thinking this hard, it's probably the right decision.

All right, i did it, i'm happy still got some longs on, so it's like yeah i'll still make money if things go up, but no shame in taking some money. No shame not to mention. I am going to the michigan uh ncaa championship football game on a friday, i'll still be working friday, but going to be traveling to indiana to go. Watch the wolverines, hopefully win.

Another game that'll be cool, so tickets were expensive, so going to uh need to make some of that money back all right. Looking at imgn, so someone earlier brought it to my attention. I was not the one to bring it to your attention, but you remember. We said this is your dip long area all right, just to recap as to why that's your dip, long area, okay, so think about it like this.

Okay, you are coming in on the day you're, seeing the stock imgn. It doesn't matter why? What who, when where this that and the other you're like, is this going to bounce? I don't know so. This thing is going down going down so you're, like i'm gon na, buy this dip and i'm gon na buy this dip, and i'm gon na buy this step, but i'm gon na when all you do is just kind of do this. You just map off your statistical levels that you would run into on the downside as the market is down trending, and then you say to yourself: if this market is going to stop down trending, it will try to do it at one of these points.

So, instead of guessing at random on the chart by looking at a candle and saying this is bullish, this is bearish because it's got a wick this way - and i read this book and it's a hammer up down this - that and the other you just mark those Two levels off and go if this is going to bounce on the way down, it will probably do it at one of these levels and in this case, which level did it pick? It picked the negative one which ironically lines up with what your previous dip. So again, you're taught to go buy in the previous dip sure this system is trying to tell you how this dip was even made to be a thing right, who determined that this was supposed to be the dip for the day that ends up bouncing and holding Here the standard deviation did and then, of course, buyers that were buying off of it. So it's really people, but market goes up, pulls back holds the standard deviation. That's what creates the bottom bounds now going forward into the day.

Humans will now say that support because it bounced there. So now you understand how it's created and now the psychology behind why people use that as a support, neg1. Okay, all right, so the spy um, not oh! So now this bounce move. Where is this gon na? Go max for me like a day trading cycle.

One cycle, if i enter down here first target up is the dotted white line 649.. If it does not get there, that just means that the market is weak and the bulls aren't strong enough to do that cycle. They're, just not strong enough if they get to their no problem and there's just zero selling pressure, even better okay, you see how the market's starting to roll a little bit. That's why i decided to take a little profit like i was saying i was like if i'm thinking this hard, i should probably just do it.

So that's why i took a little money off the table on the top, it's kind of felt. We might see some momentum shift in the immediate and again when you have options in your trading options and you're trading premium, you're, basically trading volatility. So you always want to make sure that you're shaving in volatility environments, so that your premiums are juiced up on your contract. So you can dump your juiced up contracts onto somebody else, okay, and and like that's the way i trade right like that's the way i see the market.

Do i know if this bounce is going to go all the way there for sure every time? No, i don't. I just know that this is where support's at, and i know that's for sure resistance. So if this is gon na bounce, any bit really awesome, i would for sure be selling at the 6.49. Like that's the way, i would trade that all right.

So, like now, very minimal you're, basically looking for an intraday hold above the previous swing, high break, which would be like right there right. So if that doesn't hold, then arguably you're not really up trending. Yet so anyways you get the point um yeah. So, regarding uh spy - let's look back at that.

So remember i was talking. I wanted to be long up and then i would sell into that area. So far we didn't get there and the market's starting to sell down. So we could very well be shifting into that bearish momo that i was looking for at 460..

Remember i'm going to short it i'll sell it up there. I don't want to sell the market till we get there, but we only stopped we stopped here. We didn't get there right, and so that does happen. You know, and i wonder if there's something else, maybe i missed - let's just double check could have just been nothing yeah, no yeah.

Probably just not. No excuse me, oh eyeball, so this is what i'm wondering. I'm wondering if we did a nice up, move back to retest breakdown and now our market's gon na swing all the way down into 454. That would be nuts, so that's kind of an idea that i have now we've done.

The long we didn't quite get to the 465-ish 464 mark is getting absolutely make yankee mcdoodle mcdoodles through the, so it doesn't really matter so again. Um on a full-on market swing breakdown. We might see 455 today. I know that seems kind of crazy.

It calls 700 points down, but you know it's possible definitely possible. We'll see. I haven't entered anything short myself. So just know that yeah yeah, so you got you have buckeye fans and honestly, it's kind of comical.

It really is, but the butts must be hurt bad to do that yeah! So io fans, the buckeye fans, had thought that they were going to beat michigan. Don't blame them so they bought all these hotel rooms for this ncaa championship game in indiana and they don't get to go anymore, so they're just holding their reservations and paying for them without even showing up. So that way, none of the michigan fans like myself, can find a hotel. So you find yourself having to shack up with some parents in a four thousand dollar airbnb split the costs.

Of course it's a big place, but yeah we couldn't find hotels, so we ended up having to split a gigantic airbnb. It costs a lot of money, unfortunately, but amongst all the people, it's not going to cost that much, but that's the that's. How far we had to go just to go, we had to end up searching for airbnbs as opposed to hotels, which i normally do any tips on trading options. Um a good pullback hold on imgn.

Remember we talked about you kind of want, doesn't matter, you guys get it um, so yeah regarding trading options, tips um if you're gon na be true, so here's the deal you're, probably going to do better if you sell premium. Oh it's! That's! That's a lie! Um! There's a lot to it. So let's just talk about trading right. So if you're just going to directionally trade kind of like i did today, we traded long that trend.

If you're gon na directionally trade, i got ta say it's kind of funny that they're doing that. But if you're going to directionally trade, the market, then you know you got to make sure you take some profit along the way and take some of your options off when the premium is juiced. You might not know what that means, but basically yeah it's just when, when the price of the option is getting juiced up for volatility reasons, remember volatility is a factor in the options pricing. So again, if something's going down faster volatility, is higher something's going up faster, volatility's higher in those moment in times your options get priced a little more pricey, because the volatility factor.

So when you know that you're in a high volatile move - and it's in your favor, you want to take some of your options off during that moment in time, because once the volatility subsides, your contracts are obviously going to decrease in price. So let's say you top out just well yeah, let's, for example, let's say this: let's say you, you were up five thousand dollars at 460, 390 right and you know the market was on a steam to the upside. So good volatile up push strong momentum, you're up five g's. Then it swings all the way down to here and say you're only up a thousand.

You could grind all the way all day, long super slow all the way by 4 pm back to this high, and you will not be up 5 000 you'll be up, call it three thousand, even though you're at the same price point you were earlier when you're Up five grand and that could be from time decay on the option and could also be for volatility reasons, so just having an understanding of what you're trying to do, what works best for you and the environment you're involving yourself in if you're trading options. Knowing your options are juiced up to the tits on the premium and on the volatility and take advantage of it all right, um. So that's what i did right as this market was. You know going this way towards my target and we were in a nice uptrend.

I said we might go to 464., we might not. I should take some money and then i'll minimize my risk to something that doesn't even really matter, and then i will just uh, you know, hold the small, smidge or magoo all right and that was kind of the concept there um yeah, so that's one tip is: If you're going to be directionally trading premium, make sure you take some of that off when you're in a volatile move and it's in your favor, that's one all right in terms of what's moving. You guys know here: you have the scanner up here, cntx, all that good stuff, those are there um the bkkt's been moving a bit. It looks like today, cfrx been moving.

Imgn bottom bounce dip hold is working great if you're, adding along the dips. There cpix that's kind of interesting. It's a good dip hold from the market there. So far.

Let me delete. I got so many of these random drawings. On that, just like make no sense, so i'm just going to take some of these off, don't need them all. Let me actually look at this chart with no data.

Um, hmm, a beautiful move back baby, so market cranking, i was, i was doing a little research. I was going to add back that dip. I didn't, but all good. So that's a really good hold.

I mean that that's really what you would like to see keep the market kind of trying to press higher. You can't really complain about that. This i mean so. I'm just going to keep sticking to the original plan.

You know we're still creating those higher lows: holding 50s 100 emas. So again up into you know, spy that 465 still or 64., so you're going to take out the previous high to do that.