Sorry about that guys good morning good morning, how's everybody doing today good morning, peter morning, all right so uh markets, yeah, cool, very cool um, so markets are bullish. I don't think that's a surprise to anybody. Aside from that markets have almost hit their long targets overnight. They pretty much did we still got some more levels on the upside to go to, but you know at this point you're pretty much anticipating by next week.

You probably end up seeing hold on what am i doing here. It is yeah next week you should probably i mean i don't want to be too confident. You know that always gets you in trouble, but um yeah. I mean the next targets up realistically on the spy, i think are basically the all-time high.

Something like that. Let's see um yeah, so if we're here right now, this is where we're at it's like uh, it's like when you're in the mall right and they do like the old. Was it red right and they're like? Oh, that's a green! It's like you! Ah, you here all right and you parked here to get there. You got ta, go to that exit and there's your car but uh yeah.

So that's realistically our next long target right now, um, you know i've uh. I've been wrong before my timing, like yesterday, i'm like yeah yeah, the hue shouldn't go to 394 tomorrow. That should be the next day they did that yesterday, but they kind of completed it in after hours trading. So, arguably, not during the totally the same session but um yeah.

That was interesting right. You had the market go all the way to 394. Yesterday i mentioned it could do that. My expectations were.

It happened today, not specifically yesterday, so market performed better than i had anticipated, which yeah awesome. So that was really cool, so next target's up market 471. I call it 472.. I mean i could say 471.88, but i'd rather not repeat that number all day.

So just 472 uh to 472.50 now um. Let me think, because if that's 473 and that's all the way up there or 469 - that's only three points, so i might have done my expectations on my analysis earlier kind of way off. Hmm give me a second. I need to use my peanut brain here, huh so 390 yeah, but where would that put the market on the spine? The spy would basically be back right, i'm just trying to debate, because if the queues go all the way to 396 and then they start to actually break up, that would probably put the spy about 470..

Sorry, i'm like i have them thinking. Where is my i'm already on it? No, i guess so that's just weird looking all right, so that is interesting, yeah so like earlier, i was thinking if this. If the cues take out their resistance, then the then the spy is going to run to 450 470, but i think i did that wrong. I think regardless, if the queues go up to that, then we're going to see that there, but so i might have just kind of said it wrong, but um yeah anyway, so sale same rules apply uh market's actually clearing this i mean that's, that's the deal um.

Actually, let me think, because back when we were here, were we tagging the mean? I think so it's hard to say: i'd have to go back and look at one of my youtube videos and i could figure it out, but i want to say when the markets were trading here, it's been so long. I don't want to say that, and that could be that could be inaccurate, but anyways yeah so market's clear here. Our next target up on the market's going to be 409 on the qs um, but anyways for now we're just looking up towards 470 on the spy and up into kind of like these areas. Now the problem here is that you can see you have a line here, a line here and a line here so you're getting into a congestion area.

So a lot of times what can happen is you'll peek through one pull back off of it hit this pull back, so this is arguably can create some sort of choppy trading right because here's another example. If you look at this spot, look at the run. We just had like went up and was just a nice breezy, rip right, um and if you think about it, there isn't anything from here to here right, there's, no, none of those lines right, there's no lines in there. So let me zoom in all right.

You don't have anything from here to here, so once you break and go right, but now you've reached here so nozzle resistance, potential resistance, potential resistance. So until you cross through all of those, you won't find yourself into another dead space or what i would call like. Open field right, there's you're running you know into the fence right: it's like this is the football field or you want to get to the football field you're sneaking in with your boys in high school, trying to get to the football field to do some shenanigans. So this is you going to the parking lot, then you're jumping the fence and you got through the fence and now you're into the field, and so you have 100 yards to run to the other side.

Until you hit the fence again and you guys start hopping and dipping and doing whatever so um, that's kind of it. This is where clear pastures begin for me uh, but right now we're coming up to uh some, it's kind of way. I see it all right. So is that a ghost can do he's gon na go.

Swig is what that was where's, my uh, no all right cool. Let me read some of these comments good morning guys. What do i think about? Oh thanks, jeff e-o-e-n-s-c, hmm, i don't know. Let's take a gander all right, so this penny stock started jumping the other day, um.

Well, really it just picked up yesterday, yesterday morning or after hours yesterday, um yeah, that's annoying that it doesn't really just automatic. Oh, it does do it. For me, thank gosh. I was like i really don't want to do this all so uh pretty much.

The way it sits is you're on plus two deviation resistance right now. You won't go any higher until you get above that red line that i just added and i'm going to make this a little bit more prominent, i'm going to make it a little deeper red and i am going to increase the size of it a bit. So right there that red line you're not going to break out, so you get over that. So that's pretty much it uh on the flip side of that you could, which i'd be kind of surprised.

Since we already held such a strong dip here, um, but see, look at this level that i'm gon na add to the chart ready hold on one second, let me just pull over this chart and you'll see it a little bit better all right. So this is your ensc right now, you know, and it might actually help to go well whatever you know, so this is ensc. This is the four hour structure um. It didn't even be good to add this level here too, all right, so you see that one down there all right so we're gon na go like that, and i'm just gon na color code this so that it's the same um and then i got ta.

Add this one here all right! So basically, once i get done doing this, you're gon na see that pretty much the market trades to and from that these levels, so now we'll zoom in over here all right. So where are those levels that i just added? So this is the bottom one that i just added. This is that middle dotted one and then that's the top red one. So these are the four hours i saw.

Let's do that four hour. Oh, it's got ta, go up a little bit more, so it's before and four hour that looks terrible four hour: yeah, okay, um, so you'll pretty much see that not totally, but you see where all the volume and it might be hard to see on this chart. Let me zoom in a little more hold on sorry, but uh. This i'm really doing a pretty in-depth one.

Only because you know it's basically the holidays, i'm not you know hey by the way, happy holidays, everyone all right. So you see, that is the four hour level there. You will see that volume pretty much starts where, when you cross that level okay, so let me rephrase that, let's zoom in even more just because why not? Okay, let's bring the volume up shrink, this puppy get a closer view. Okay, so this is your four hour level.

Volume starts at 14, 30, go straight up right there, all right, so you're breaking your six month trend volume coming so you will actually see - and this is very minuscule but break. Then this candle opens and you can see you get a wick right to that level and then boom. So theoretically, you could have just added long to that. You didn't know that it was going to do this.

Maybe you did. Maybe you didn't, but if you were actually watching it in that moment in time you could have just added along that one minute candle when it pulled back to here and pretty much a risk-free trade. Why i mean, if you think about where it just started from, which was here i mean: what's it gon na, do drop 10 cents on you back to the nine-day moving average and just chill out like okay, so, theoretically, if you're watching that which most people you Know probably weren't and won't ever be. You know, you'll see that you just had perfect tag and go okay.

So then, ideally what happens after you break this level? You know you pretty much just when, when you get your next red candle, you get your next red candle here, which is literally on our dotted white line, which is just the next statistical level up now it doesn't hold a big resistance because it obviously breaks through And this has got some serious momo, but all right so um, you know you break out, you hit the weekly and then you go to this. Is this is another level this is a daily. Then you go to the four hour you can see. You hit the four hour: resistance, pull back, hold the daily break back up through the four hour, and then you pretty much run to the plus two.

That's solid red, fine resistance, pull back down two where the four hour bounce go back to the four or that's the daily. You don't necessarily have to remember. You'll you'll eventually remember them the way i do but uh you hit the four hour bounce back to the daily right. Then you down swoop and then you'll see you'll snap through uh four hour, basically go back to the weekly bounce, the weekly.

So all of your bounces, all of your rejections, all of your true breakdown, retests, all of your true break up, retests they're, all gon na happen on these lines, which you know hindsight. 2020. It's always like. Oh yeah, you know you throw you throw enough lines on your chart and no the price action is going to hit them eventually and you could create a narrative around that.

That's that's pretty much obvious, but um. You know it's not really the case, so you will see this morning right. So now you take a step back and - and you know we can take off some of these levels so now we'll just we'll just take off the four hour levels. So these are we're.

Taking off the six month level, so you don't have to be so many lines right and now we'll just instead of being so detailed, let's be a little less detailed right and, let's just be a little bit more raw and i'd, be like okay, so markets breaking Up we've crossed the weekly right so now, let's just say we're just going to trade everything on a weekly basis as opposed to getting very finite. Like you can see, i can do right. So what do we left now? Oh, we have a stock, that's ripping! Okay, it breaks out the weekly, it pulls back if it holds the weekly we go long right, so it pulls back just below the daily stays and it just starts to go right. So you don't know that it's going to go this much.

You just know that you had a breakout and if you're gon na join the momo, you should buy the retest of the breakout, and you know that that's see that's the thing is most people are always and will always be, and the mainstream media and the way That information which i've come to the realization is provided will most likely direct you in the wrong direction. First, so you will probably be taught like. I was to trade, a pattern. Okay, look for a pattern and look for the break out of a pattern and that's a breakout when, in reality, a breakout is right there, okay, and that would be the first pullback to retest the breakout in reality.

Okay, so um you are retest weekly. So if you just want to trade, weekly you'd be retesting the weekly here, let me get a drink of this coffee, um. Okay, so you'd be retesting the weekly um, adding long and then targeting up to your next level. So then it's like, if this truly does break out and it becomes a successful move all true, successful breakouts and moves will generally or will achieve 85 to 90.

If not a hundred percent of the projected move and what's the projected move, the projected move would just be that of the next trend up that you've identified if you've done it correctly, which you can see here is the plus two deviation um and that's the four Hour so that actually so see, that's a funny thing remember i was like: oh, you know, you could just do the weeklies and whatnot, but the thing is: is this resistance does not come from the weekly? This resistance comes from the six months, so in reality, if you weren't running the sixth month, then you wouldn't know why it topped there so um anyways you break the weekly hold the weekly trend up all the way to the sixth month find resistance at the six Month, you could try to top tick, sometimes i'll top tick shorts, and do that you could try to top tick off. What you already know can be a resistance. So that's the thing as soon as the price gets here, you can put a limit order in and basically start getting filled right there on the top before waiting for a candle to break down, because you just already know and then, if it doesn't work, then you Cover as it goes over, so it can sometimes be a very minimal loss, although it can be very risky if you get caught in a super boner squeeze which has happened to me so that one sucks but anyways um. So you could try a top tick short.

Other way you could do, it is wait for it to break down, and in this case you don't know if you're going to get a re-entry, but when it bounces back up to re-test the high to go above and it fails, you could maybe start nibbling a Short there in anticipation that you did top because now you're kind of getting a lower high and then once you break, what do you do? Well, once you break down you just assume that you're going to go to your next deviation right, because our belief is that you know this isn't really a support right. This was just a pullback and people bought it and bounced it. True support and true resistance is always the deviation, so you'd always just assume if this rolls down we're going to take out those dip fires down to this level, and then we would add long like that and that's a lot of times why, if you you know, Buy a dip a lot of times, you'll get stopped out later or if you try to like, buy support off that dip, you end up getting stopped out and then it goes up right after because a lot of times, you're looking left at previous price action, that's Bounced as opposed to knowing where a lot of times statistical probability supports, are um, and so that's been a big change for me over the past couple of years, so anyways that's kind of your rundown on ensc. So where are you at now? You are well we're at 923, almost in the market open, but you are uh back at plus two deviation.

So it's very, i don't say it's very simple um, but it's pretty obvious to me in this situation. You're, not necessarily trading a pre-market high breakout right, because the pre-market high does not line up with the resistance. You actually popped resistance, a little bit and put in a high above resistance there, because you were probably trying to target to that one or people were right. So he broke and they thought they could run it to the next.

But then it failed. So you know when you zoom in and look here, you're going to be trying to break out right, pulls back, holds, can't hold, can't hold shifts under they. Try to pop it again fails goes back under holds below down bounces back to retest the breakdown, because again, each one of these levels is a break up a breakdown and a spot of areas to trade around. So this is a break up.

Pull back to hold fails. This is a break down immediate one minute: candle rejection. Continuation then, arguably, like you, know, 15 minute, retest, 10 minute 20 minute retest of the breakdown fading. You don't have a long play um now that you don't have a long play, but short sellers for that matter will not squeeze until they clear 620, so you're not going to get that aggressive squeeze pop from short sellers, too big.

Until you actually clear that level of 620 okay and then if this bearish move, continues and is successful, right, the market trades to and from statistical deviations. So if it was truly a good breakdown which i'm gon na re-add, this level hold on, let's bring it in. So this is the four-hour chart right. So look at this, i'm just having fun at this point.

This is literally what i do for hours at night. So when you guys say, i think i'm pretty fluent right or if you read my tweets like oh, it makes. I literally do this from the time i wake up with you guys and then i take a break and like eat food like maybe do something and then i'll come back home like seven o'clock and i'll sit here until 11, 12 at night and do the same Thing over and over and over and over so yeah anyways. So this is a four-hour chart right.

So if we zoom in and look at what the four-hour chart's done right, you can see we've ripped up and what did it? Do it really just kind of pulled back down towards that deviation in there and then just held look if you look at the bottom of the four hour candle, where is it if we zoom in where's the bottom of that four hour, the bottom of the four Hours at 485, okay, so let's do what we typically do, which is kind of add that trendline. So we can view it on a one minute, so you'll see that this basically becomes the pre-market bottom right. One of i think yeah anyways. So let's do that.

All right, so that dotted line where is that dotted line right there? That's where the dotted line's at okay so now take a step. Back last night we went from the plus two sold all the way down to the weekly okay, and it's just so much fun. All right, so all right, so you go fro down to the weekly right. So you go down to the weekly hold support holding below the daily off weekly breaks.

The daily pulls back. Re-Test daily comes up breaks the sixth month, which is right there, and then you go on your move. So let me zoom back out. I don't even care if the bell rings.

This is too much fun. Okay, so then you break your six month and then what's your six month do so you run up back towards a plus two. You don't quite get there, you pull back and you basically pull all the way back down to the six months to retest that breakout. So again, you broke up fade back down, basically re-test breakouts rip back up to the plus two, all right.

So right now you are in an uptrending market. Okay, so i can't say i'd be really optimistic. To short this, i don't really care for the short setup here, um myself um. I would still be watching this trend up.

I mean you broke out yesterday, you held the weekly. Yes, you've run to some resistance, blah blah blah, but you are still in an uptrending market, and aside from that, when you look at maybe the long term, let me see well, i don't even need to do that. I can just do it like this um. When we look at the long term, we don't really have um.

This doesn't become. Oh, oh yeah wait! Um, oh yeah! So then also if we zoom out a little bit more, this is a 30 day 30 minute. Right. Look at what you just ran into.

You also ran into a previous price level right, so we've been here before so people right, look at break up, pull back hold i mean that's it too. You can see. In the past we broke the weekly pulled back to the weekly retest that breakout and then it ripped found resistance top pulled back. We hit that again, so shorts could be very close to getting blown out there on a play.

Sorry, that's enough on ensd, but that's about i mean that's about as far for how deep you could take analysis. If you, you really want to qqq break out around 398. um yeah yeah. That's that's about that! Sopa again yeah that almost looks like they're gon na kind of squeeze it off a bit.

So all right, uh, so yeah i mean markets are open. So far the spy is uh kind of creeping down, um, so yeah i mean i think. Overall, we still could see generally markets trying to creep more to the upside wow, what a beautiful start on the upside so far for the market on the day, all right so um market's moving pretty decent. So far i remember, i think the first thing first targets up cues were basically into that zone.

So if we get there really wouldn't be really wouldn't be all that surprising now, if we got to 472 today now that i would be kind of surprised to see all right kind of checking, amc really quick, i mean so far. Things are just you know, kind of moving bullishly yeah. We also could be looking at like uh, potentially a bear flag there on uh on amc for right now, so we'll be keeping an eye on amc over the course of next couple days. I wonder if we can see a bigger drop on amc, uh yeah, so we're currently updating the system for anybody.

Who's purchased a standard deviation from our website. It's not updated the way mine's updated, but we'll be getting there fairly soon. I hope yeah so um anyways. I'm i am kind of curious to see if this market gets.

I didn't think we'd go to 470 today or uh 472. Sorry, i didn't think we'd go to 472 on the spy today, but maybe we do maybe we do so. Let me pop this here: uh yeah spy's ripping a lot better than the uh, the q's right now so far, still just kind of chilling here, um basically chilling doing its thing, geez see. That's the other problem is like having all these things and it keeps it resets your chart every time you like zoom out zoom in so that gets a little annoying at times.

Tesla's doing so far, amc definitely staying sort of bearish there yeah. So if amc starts to go through the pre-market low, obviously some more panic might kind of start to start there with some people on amc, um, so definitely something i'm following bearish doesn't look very good and if it really flops out, we might see 22 next week. So that's kind of something i was watching was you know potential bearish move on amc back to 22, which would be kind of crazy, but it's it's possible. So you can see here on the chart with so far.

You see how the yellow lines here and it pops and then it takes the market all the way up almost to the weekly level there at 15 14.. So that's what i was kind of talking about earlier with um. You know basically you're not going to get a big long move on sofi unless the market actually went through that weekly level. There is what i was talking about earlier, so looking at the spy, spy's cranking spy hit 470 already this morning.

So that's pretty good. There do amc could drop to 27., okay um qqq's holding pretty well, so it looks like the qqq's hit their first long target for the day. First, one coming up to their second one here in a sec yeah i mean at the rate the spy's going. I mean you just anticipate: it's probably gon na go to 472.

Today, that's the way, it's feeling so with amc um, it does have the possibility of getting back to 2909 on today. That is a statistical probability on the day, but you can see we rejected off. Of it earlier so, those are shorts battling off that level and shorts will only really really squeeze 329.14, just an fyi, so you're going through a pullback on the spy right now i can't say that it's really anything too crazy, um reason being you can again the Qqq just hit its first long target on the day, so that would be my rationale. You just had the market come up and actually hit resistance.

There is that right now, though, maybe it's still gon na update all right, so another bearish move there from little am mick sizzler all right. There goes amc breaking down a little bit wow. Would you look at that so yeah? For now, i don't really see any need to be bullish on amc. That was a breakdown that was cool, so we'll see how much selling really kicks off here ash coin tesla pretty much pulled all the way back down almost to its uh.

Let's say to its support for the day: uh kind of, as expected, i'm trying to load tesla's chart right. This is shaken. Thank you. So i could see tesla with a little more downside, maybe to 9.91 991 yeah a little more 991.85.

Maybe and then i would probably start to expect more of a bounce that makes sense to me. Let's see what microsoft and a few others are doing, yeah so reviewing sofi here i didn't take any trade on this, but um one second, if it ever loads yeah. I mean you could see one trade here was, basically it not. Basically it was if so annoying i hate that it does that you just want to reset every time, so you can see we popped up.

It hit the weekly. So again, this is like. Market comes over breaks up back down under so broke down rejects the daily it goes down, so that was kind of a first rejection short play on the day, not that i took it, but that was a setup. Uh amc just not really looking so not looking.

So hot there remember, potential downside target is all the way back to 22 realistically. So that is something to think about um. It does look like the market's gon na, maybe roll over a little bit there so do be. Mindful of that i mean the market was really aggressive going up.

I just i can't really see it having that big of a rollover, but it is kind of the direction it was going for a second so tesla, with the strong bounce back up market dip. Getting bought pretty quick there. Oh my gosh huh, weird, so something i am kind of keeping an eye on right now. Is this market this market's got an interesting look to it.

I don't know that market almost feels like it's going to roll over a little bit. If i could ever get this to ever stay in focus, that would be so annoying, it's so frustrating as what it really is why they want to just be stupid with their system. Okay, so that is a lower high. It would be nasty for them to do kind of a big old down drop.

Sopa halted i'll, take a peek at it. Yes, opal halted. I could see that moving higher. I don't really have price targets on that chart for sopa, but i'd have to go over here.

Um, for those of you saying no way to 22 on amc, yeah you're right 22 - probably will not happen today. But when you wake up and see it at 22 um, you know maybe next week or in january, don't be surprised. So you know it's something that i'm considering as of right now: wow how's it even i don't know. Even though amc is a decent company, i mean again, yes, you're right 100 percent reddit traders trying to run it.

I don't that's fine, that's cool trends down. I have a system. My targets are down uh. The most recent demand for the stock was right there right.

That's where the most recent demand was so i would love to buy the stock. I want to buy it where i know, there's demand. Demand is right there. So when the market gets to here, maybe i'll buy it right, that's the way.

I see it so all right when i look at this chart with amc um. We don't have anything until here. I think let me double check this chart too um yeah. You know we don't have anything for a while there, so we'll see all right, sopa i'll, give a little pt if it would load.

Um 23.33, um 2188, so 2188 would be my next up target. Then it would be 23.33. So, for now i wouldn't be trading up this move any higher than that price right there 21.70. That would also be potentially your next breakout price area too.

Oh, come on think or swim there. You go all right so again, you're, basically i mean the markets are doing these little pops, but the market is it's really just popping up into resistance right now, as we said, the queues are just running into resistance. So far, so there's not really anything. You can get from that until you go through the weekly amc, still kind of going down there.

So look at this right, so you know amc is at what you see this little bounce area. So you know you got people looking going. Oh, we have amc. It's at support right, i mean yeah.

It could result in people buying there right totally 100 right, but the way i see it is true support is here all right. So to me, that's true support. That's not to me. This is true resistance or wait.

Sorry to me, that's true resistance. This is like that's not that's not that's! Not that's not. You know, that's not like it is, but to me, though, the bigger, bigger resistance is always going to be those guys well market, just kind of rolled over. Remember we're talking about the spy rolling over a bit and, like i was saying, the queues are really just going up into some resistance sort of thing.

Well, there's your kind of snap down now it doesn't necessarily mean it's going to result in anything too crazy, but you know for what it's worth um. Actually, no, i i don't really think the s p 500 is going to rise. See that's get yourself in trouble. Saying that um, i think today is not going to be the easiest long day, unless, basically, what i'm watching for is the queues i'm watching for the queues to clear 396.20 if the qs can clear 396.20.

At that point, i would suggest markets can actually kind of. Maybe trend some, but until the queues get through 396.24. All i really see is the market kind of doing what it's doing, which is kind of this. Like struggle-yish move um, you know yeah, that's about it.

Amc continuously getting destroyed. You know better a better way of even looking at amc right was that uh? Well um, you know so uh you see here's the thing i was thinking about what i was gon na have for lunch today and uh. It was uh some amc, so no but um i mean market broke. You know if you want to look at support like on price action.

Yes, so you were supporting supporting supporting and it went through that right. So you broke down bounce back, re-test break down down and bounce back up, re-test break down down all right. So again, if you're, just looking at price action, that's what you'd say to yourself. Okay, so we broke down, we broke down so bounce back.

Re-Test breakdown down bounce back re-test, most recent breakdown down all right and then, when you look at you know, maybe even like a 30 day, 30 minute here, all right, another little. What appears to be maybe a pop coming there on the spy. So here's the deal um right now the qqq's are sitting just below 395.69. If they can pop 395 69 you're going to get your pop.

If not, then it's just going to kind of, i don't know, do whatever. So if we look at amc from this perspective on a 30-day 30 minute right so remember when i was saying like oh look, it broke support. Well, let's, let's add that level, let's see where that's actually at so by the way. These are a couple things i'm currently working on.

Most of this was like some swing stuff, um, really no day trade active. So i have one yolo put just for fun. That was a 24 but see that was by january 22nd. So it's not even like a true yolo, but i threw that one on yesterday because i'm like well, you know it's probably gon na go down.

Anyways so might as well just put something on in case it went overnight. So i went a little red to go. A little green, but i figured why not throw that one on just for fun um, so you know i figured markets can go to 22 if i'm right by january um, you know. Nonetheless, my price target is 22..

So if i even hit the price target within a week that contract goes two in the money just for fun, um, so anyways um. What was i gon na say? Oh yeah, so you see we have uh right. So this was the resistance or support whatever, and it like breaks down right. Okay, so we'll see where these two red lines line up in relation to our system, so we'll do a 30 day, 30 minute, okay, oh there! It is okay so and remember that these these levels do adjust a little bit so it's, but this is a weekly.

So it's probably oh, but i should also add the four hours i have to add the four hours one second yeah. The four hours do help tell the story quite a bit so um. Let's do that, all right, so the four hour deep. So here's one today so right here watch where this comes into play, ready, i'm adding it right now see that white line that just got added.

That's the four hour trend level, see where the market basically swings down today the start of it. It's right off the four hour: okay and then that's it all right cool. So so there goes the qqq just through the 395, whatever right, but just above that it has resistance again at 396.29. So that's why i said that i don't see a big, easy, long move just for now, because you're, basically trading up into resistance myself, that's kind of the way i saw it.

Okay, so um microsoft actually looks pretty good. Microsoft is coming up to a big level right now. Actually, so maybe we'll put some attention on that in just a sec i'll finish here with amc all right, so these are where those two red levels are at. So if you're, a price action person you're just looking left at price action, you might have came up with some levels right around like 34 and said like that, support which you can see as soon as we kind of go through that area.

It snaps down right. So um definitely not wrong um, but the way that i view it, you know and these levels could have and they're probably basically still the same. The way i see it is the true breakdown was right there, not that it wasn't breaking down here and not that it wasn't meant to break down, not that that wasn't a breakdown not that this wasn't, but those are. But if we're going to talk about true momentum, shifting in the market, all right, you can have a day where the market breaks down in the day, but then holds long-term support and doesn't actually break down right.

It does something like that, so we were breaking down and we totally broke down right. So that's why you are now seeing when this bounces back here down down up into it down right. So now you can see from a long-term perspective. You know you might be looking some price action.

My true breakdown starts here. So that's why, when we bounce back into it it gets sold down right and then we came up to it and that's where the breakout tried to happen on the upside zinc. Then you came back down to held it. Bounce could not maintain above lower high.

Then you re-break down. Where do you go basically to your neck? Support up break up hold the breakout bounce run to your next. Try to do this flag break the weekly again, just like you did here, fail back under reject off weekly down to four hour down below four hour breakdown back up, re-test 4-hour breakdown down. So we have nothing until here in my opinion, so when or if next week we see this at 22, i will not be surprised.

There will be zero confusion if it doesn't work and i lose my money i okay um. When and if that's going to happen, you willing your phrases, the markets don't really become bullish. In my opinion, in in terms of like a pop squeeze scenario, unless you actually get above that right, so it's either move down bounce somehow maintain randomly grind up and then, if we can start getting above this, then we can go back to bullish otherwise trend down. In my opinion, so yeah we do have a trend down.

Now we got a couple: it's like that. You can even draw a level right and splice them in the middle kind of like a day and then maybe even one leg a day and something like that. So until the market is getting out of this trend, i can't consider that we're up on amc all right over to uh. Well, microsoft is at the weekly yeah, i mean so here you go so like here's a great example, i mean they're, always great examples.

Just waiting for this to load right so like look at where you stupid, i'm gon na cut you all right, see um love, it just love it all right! So look at you have a flag set up. You guys recognize that you get long. It breaks up: when do you take profit, that's the weekly. So what is this really so like was anybody? Was anybody trading microsoft today? If you were all right, so this was your play well kind of well.

This is a play. There's multiple plays right, but the way i see it is markets are on the up high probability. Areas for microsoft are here, and here so market does what it goes up to its first level. It breaks out, it pulls back, tries to hold it.

You know doesn't chops around but inevitably just creates a flag pattern right on that level. Um and then you kind of break up and over and then you break out and where do you go? You go to your weekly level and then you have your next resistance. So you don't have another breakout until you get over the weekly successfully. So this is where a lot of times people might find themselves chasing a play up.

So you saw this flag pattern. It's looking good like all right we're going to keep going, we're going to buy it, and then it hits here and then it just does one of those and then you're like damn why it could happen um. But on the flip side, yeah microsoft is at a key level right now, um lawrence on the dip buy for the am sizzle. Let's get it baby yup.

I can see it come on computer. Why you got ta be so stupid, see how it does that's like just dumb anyways, so yeah. Let's see we had that break down there, a lot of demand on more or less supply right about the zone, so it would be interesting to see amc come up anywhere too. Basically, there not interesting probable mu's up today, pretty decent or not, or it was overnight.

I see i gotcha i gotcha. So let's see what kind of penny stock moving we've gotten so far, ensc i'm going back to ensc here, whatever loads um, so i mean so far. It looks like the market's done kind of you know totally normal movement right. Just failed to break over the plus two went into a bearish move, so there's just i mean there's there's just nothing with nothing to do here, not nothing.

To do. I mean there's always a million things to do, but right now the trend is in the short term down uh you had this long term trend, i would say long term, but over the past you know whatever you want to call a couple days. You just took out that trend, so people are getting slightly nervous there um. For me again.

I can't really suggest being optimistically long for a pop squeeze unless you actually are up in through 619. Otherwise, i would probably you know just wait on it. You have a high or low you, don't really have a previous swing high brake, so you're either waiting for a swing, high brake standard, deviation, brake or a dip. Long off supports, basically, is what i would say to that.

It doesn't look so good time being tesla. Nice dip starting to come up that doesn't really look that great either. Okay, let's see get this move on fat axe, beautiful, move, beautiful, beautiful, that's very good, so fedex is interesting. Yeah fedex broke out its weekly here.

Um, so personally would be totally cool, seeing it pull back, i'm getting long there. Adding a dip here would be definitely definitely adding a dip down. There could could be a swing, move potentially um. If we can actually get the market over this price and holding, we could look for a continuation long on fedex.

There spell token be used as tick tock gift token trading at two cents. They want to make it a stable coin, interesting. Okay, so you will notice that the spy is now i'm gon na say the spy is now, but the spy is uh coming up on the day, a little bit, nothing really too crazy and you can see the queues are just now getting up to their weekly Level so well, not not yet they're close part of me feels like it looks like a breakout and then the market's just gon na kind of take this back down on people who are buying that, but we'll see the pattern almost seems too obvious. I could be wrong about that too, though.

So 396 30 is the weekly level. I would assume that once we get there, the queues will try to reject that a little bit and then that's gon na cause like a down candle on the spy that microsoft broke. Its weekly level, just in fyi spy, is still cranking and again all right. There goes uh qqq up to it's 396.31 target, so long targets achieved for the market today um, so you can see like where the aggressive breakup happens.

Microsoft right through your weekly decent volume, coming in there i mean it was breaking out before that um target microsoft. Today max probably 338.29. Now so yeah, i could see a 338.29 for microsoft um if qqq goes past uh. The next target is you're gon na look at the spy 472 to about 473., so again you're you're.

Basically, if the spy is going to go to 472 473 today, then then the qqq has to break up the qqq doesn't break out. Spy is not going to go to the target, we just said and right now, you're looking at microsoft, possibly pulling back down to the weekly to re-test the weekly. So, if the the micros, if if the microsoft, if microsoft again pulls down to here, don't be surprised, it's totally normal um and there goes again or qqqrq, but microsoft, basically pulling back down to its weekly level as we're. Just talking about um you'll see that the qqq hit resistance right around that 396 area, and now the spy has had that red candle or whatever amc, trying to run amc time to run nice.

Hmm, i mean no big deal like i said until you're over this level, you're not really bullish. On the stock, i mean yeah, that's an intraday bullish move but yeah. Really, no big popper magoo, really! Really it's a little back. There, 29 22..

All right and you got uh the qqq popping off. There goes microsoft. Again, you can see microsoft. Microsoft held the dip right off weekly, so that's just just something to yeah.

You know so i mean overall, this five minute candle on microsoft has held above 335.58. You know, arguably something that you do want to see happen. You will see that the qqq just got back to that 396 30s area, so you're at the weekly with uh, with with the qs. Now, if you can take out that weekly, that would be a good sign for just everything doesn't really matter what just just everything yes, qqq is the nasdaq etf, yes, um all right, qqq, again still creeping up on that weekly still hasn't really done.

Anything too crazy, though so um again still so far a good hold over the weekly. You don't really have a breakdown um on microsoft until you get below the weekly so as of now market's still holding up pretty well there on microsoft, wow. Look at that rip back on tesla. How beautiful so looks like tesla is going to go basically back to 10 27, there 10 27 23 or wait 10, 26, 28.

or wait. Are we already on it? No yeah. I already did that so tesla, just got back to very key level, is what it just did um. So it looks good.

I mean i can't really suggest getting long, that i wouldn't be surprised if it pulls back here in a second or two um seems like a high probability thing that can happen well yesterday. That was the first attempt pre-market. This would be the second attempt, so actually more likely you could pop a little bit but yeah i'll show you why i was saying that so right there just got back to trend right and broke through trend, so haven't really had a re-test of that level. You'd be chasing that breakout right now, so might be a good idea.

Consider this pullback re-test breakout um tesla, with a little bit of selling pressure there, not much, though again, really nothing, nothing too crazy. I know santa this year so yeah i mean you're pretty much at your at high levels with with tesla i mean, like, i said you already kind of broke out on that you're chasing momentum up right now, if you're trying to get long but again, if it Pulls back down to like 123, which right now it's got a lot of momo, but if it did that that would be your kind of low risk ad in that dip per se. Uh microsoft, just kind of hanging out so there's a harsh pullback from tesla. Nothing too crazy there, but uh microsoft, i'm gon na say microsoft.

Queue is coming down a little bit, so there's that pullback i was talking about you see how that pullback's coming almost down to one two, one thousand twenty, three, twenty nine. So also you see how microsoft just pulled back so look at what's currently going on right, so you're getting some stocks pulling back, but look at the market. Remember, that's the weekly. The market just got to the weekly, having resistance and pulling back.

So why do you think? Why do you think you're, you're, microsoft and everything is currently that's, not good one of those mistakes, one of those guys, so we're going to do this, which one is it that is sopa there. It goes all right. So there's your tesla pull back directly to that line. Okay, um! Here's your breakdown on uh, microsoft! So only if it were to hold below so that's some things.

You get that's a low risk ad, so you can add there and scalp that move up and if it turns into more momentum, awesome, but you know you've added long you're into a win. You can take off and then just hold for a run and if it just ends up lower hiring and not working, then you can obviously take off right. So that's one way you can trade that um all in all, really not not a big or anything crazy day. For me with open swings and a couple things that went red, i've only made a hundred bucks today, which it's fine.

I really haven't really tried very hard either but yeah so there's tesla, so uh just out of curiosity, those in chat. Do you guys see how that worked all right? How is it that you guys knew it was going to potentially see that's the other thing hydrogen's. Just but yeah i mean it breaks up right and that's a breakout and that's the retest of the breakout. So where did you get the resistance uh for qq? On the weekly um? I got the resistance for the qqq on the weekly off the weekly literally.

That's it right like this is microsoft. This is the weekly resistance. I got it because well that's just the weekly resistance, it's where i'm getting it um! It's just yeah, i'm just the system. So all right, um.

What time is it? 10? 30? I mean yeah we'll see christmas coming up. I still realistically probably have to get my dad something. Well, there's things i got him said it was going to come in today, but so really this is the only stuff i have going on. Currently, it's just some open swings on macy's, which are pretty small for now and just that one play on uh amc um.

It's really the only thing, i'm kind of sitting on doing um but yeah all right. I think uh. What is the weekly chart? One year weekly chart uh. That would be the chart, so i think we'll call it.

I mean they only make a ton of money today, but hey. We crept over 100 bucks, 127 cents and a boy um so yeah i will uh. I will see you guys back on uh monday morning, um with some more videos and things like that, um, why not you guys have a great holiday great christmas, enjoy it with the family and i'll catch you guys next week. Merry christmas.