Good morning everybody come on. Ladies and gentlemen, happy friday, it's friday, let's go awesome, good stuff, um, so yeah market got smoked. Yesterday, um it sold off more than i thought it would. Um like with my first initial thought.

My first initial thought was maybe just a pullback and there would be enough optimism for a dip buy, not even close. Not even let me turn that down so anyways um yeah. Yesterday i figured well, let's put a spy over here so yeah. Yesterday, i figured we would um, you know, try to bounce like right around here, which we did except at that point it was more of a counter trend bounce, as opposed to a true bounce right.

So if you kind of i mean actually, we could look at like a one minute, it'd, probably be even better so yeah. This is basically how yesterday took happen, so these are pretty much first recommended down targets for the day, so first target cracks. We go to. Second, then, we bounce - we cannot maintain above this guy so again, the way that this would work is if this market was going to reverse it needed to basically just maintain above this one and that one right, so you come down to first targets.

You bounce you dip below. You come back up at this point: you're creating a mini, inverse head and shoulders pattern right, so you don't get the break above necklines, etc, etc. You fall short, so everyone buying inverse head and shoulder and dip basically got smacked so uh. The way that you would kind of play and watch this you know there's a couple ways you could have played this yesterday, um if you knew that it was going to go down you just jumped in puts basically like i did um you know i was on My phone, but i wasn't the computer, but i was on my phone and basically just grabbed, puts right at the open um targeting down here, um and then i was busy and couldn't be trading but anyway.

So basically, my day was just grab, puts in target first level and then cover which is probably why we had a bounce there too, because i was covering some shorts someone else, someone else someone's, probably buying a bounce, so i know why we kind of bounce there. It's not a surprise, so there's kind of a couple ways you could play that right. You could just basically jump go short because you think it's bearish like i did um. You could have done a reversal long here to be sort of the first attempt to support.

Yesterday's market off trend um, you could have re-shorted after the market came back up over and could not maintain. So that's a break below support back above fail to maintain could trigger a short there um. You know, i guess you could have also you know, maybe added a long scalp there as you break back up over trend. That's a little tricky, though you could have just basically stayed short because you never really crossed into an uptrend right.

If you look at the trend, you never really cross into an uptrend right, no high or low broke or whatnot. No previous swings broke right. If you look at this level this level, i drew those bad sorry, no level cross on the way up. So you never really entered an uptrend.

You could have crossed some down trends you drew, but you know that's because you're not perfect right. So again, if you think about it, never we never really crossed anything um, so anyways the bigger play, though, and after and to be honest, there wasn't too many big option trades after reviewing later in the night that i saw come through on the market until i Wan na say 11., i i can't remember, i think i'm i could be wrong about that. I mean there's option trades going through at all times, but you know nothing like super crazy, big um. Until about this time period.

I think on the put side and the reason being in the way that i would rationalize that is, this - is your long-term weekly level on the market. Yesterday, that's a big level. Okay, so that's why it was important to stay above. That's why it was important that we did not get back above and maintain and you shifted down pretty hard.

I mean one reason: there's about 16 other million reasons too. That's not the only thing. So you know. Yesterday, markets go down, they break the weekly, they try to go back up above the weekly and they just cannot maintain.

And then you will see the big snap happens through this level. So the way that i would rationalize the whole thing is markets are bearish going to first targets. Market is sort of optimistic. We might kind of hold that weekly level get back up above and at that point it's like okay, we're done for okay.

So i at this point is when i noticed some bigger option put flow coming in on the market and the way that i would rationalize this is. You know this is very finite. Early trading right. This was a retest that was a that was a retest.

So when people talk about in the books, you know the rest of your breakdown, a retest of your breakout, your trigger retest. That was it right. You broke down bounce to retest your breakdown or aka, see if you could maybe get back up, but you couldn't. So that's your bounce back! That's your retest short right, so that was that was one of the ways you could have watched the market and then you'll see we don't really try to bounce the same way we bounced here.

We don't do that until we get down to about here. My live stream hold on wait. It was not even showing you were live, interesting, uh but yeah anyway. So you'll see that yesterday you don't even really bounce until you get down to about here, um and even same thing right, it's the same setup, ready! Look at here's your statistical levels, you break down.

You try to bounce, do like an inverse head and shoulders formation and get back up up you can't you go down all right. So look it then. Once you break where you go, you go to your next statistical level and then guess what you go below it and then you bounce kind of like a head and shoulders and then you pull back and you try to maintain above and you can't so you go Down and where are you going to now you're going down to well in this case the spy doesn't have it it's really the cues. So if we were to pull up the cues and just kind of mimic what we did on the spy, it doesn't look the same.

But again, if we kind of like just do that right. So what time was that that was at like basically the end of the day, so think of end of the day right, look at the queues, the queues try to bounce can't break below. Where do they go? They trend down to their next level right there. So you can't even consider to be long bias.

This market right now, like holding in my opinion on a day like this, unless you were over this level and holding okay, you can see a long move to re-test, just like you saw here and over there on that line right, you can do that. Let me you could totally see a long move today. You know on the market to retest the breakdown which would be right there um, but i don't think you would be a long swing holding and feeling comfortable with yourself unless it was really over that level. And that's me, just speaking to myself, speaking to you, i myself, conor will not feel comfortable swing long ass unless we were up over and holding successfully um.

You know which could maybe be tomorrow or whatever you know, so that that's the way i see it and um now, on the flip side, going down um. Basically, if the queues, if things just go down um, you know these are gon na, be your targets. Let me put this on a five day: that's a one day, five minutes, five minutes so target's down so for one um yeah. Let's go back to that all right, so let me zoom in too all right.

This is your first target up today on the lawn right there about 386. So again, whatever you feel makes you want to be long. If you want to be long, this that and the other and the market does go up. I mean that's kind of my target and max target right now.

I don't really care for the long play that much, but i could totally see it happening. Um your first down target qqq short, would be 380, 88 right now to 380 48.. So if you're thinking about risk reward right now and you're going sure to go here, i mean realistically there's really it's like it would be nice if it went through that it would pay right. But if you're just going to short down too you might, it might be a just a pain in the ass, so um in terms of, and that's the thing too, is, if you consider where the breakdown started, it started here, that's where the breakdown started targeting here.

So the move starts here if you're trying to go short now you're entering the market here so again, if the football field goes from here to here, and that's the 50 yard line you're almost in the end zone and you're trying i mean most of the game - Has been played already you're, basically coming in fourth quarter at this point, trying to make yourself look cool, but you know so that's something to think about um. In my opinion, i would love to see the markets get yanked again. I could see that being a way. More fun play than the bull side of the move today, so we'll say right now: potential down targets for the market are 457 456-ish.

Now, the only way that happens is, if you take out the 460 low from the other day where we had a wide point of control for like most of the day, which was like this day, this one there was a wide point of control here. A lot of activity going on so going through. All of that is it's very significant um, but you know i'm not even really looking at this price point going off, we go through there. I mean i just know.

That was a significant bottom. You know. So if we can actually surpass and hold below, that's not that's just not good for the market at all, because if you think about it, if you take out this, i mean i would imagine, there's a good chance. You can take out that and then, if you look down, you have nothing until 456., so you can just expect take out that take out that zinc right there, all right! But again it's not this that i'm paying attention to getting taken on the spy.

It's this! That i'm paying attention to in the queues. I want the 380 48s 380s to give way. That's what i want. Am i going to get that one? No, but that's what we want that on the cues gets taken out.

This is going to go bye-bye. You don't have to consider that it's just look here, don't look there right if you go on cnbc they're, going to tell you inflation's transitory, when it never was right, they're going to tell you to look that way when you should be looking that way. Okay! Look here don't even worry about that for right now, kind of i mean it's true, but that's the thing: if you're getting below this and holding below this there's a great chance, you'll continue sliding right, so um it could be today could be tomorrow might not happen At all, but the the point of the mat, the point, the fact of the matter is you know where to look right. Just look there.

You don't have to chase the short down. If you don't want to that's a higher risk play right because it doesn't matter so you could try to chase a short down or you could do a smarter trade, which is, you know, wait for it to break down, wait for a re-test and if you stay Below that's a low risk entry and if the market fades out you're just basically going to bank right. So that's what i would do. I would watch the markets or breakdowns below this and holding below if you're, going to try to kind of push a bigger, fading short.

If you're going to do a quick down rip, try to scalp something trade, something fast, you know, i think, there's something there and - and you would just be you know - targeting down to about the 381 level on the queues right now. If that's something you're going to try to do, if the markets aren't going to break down, then we're going to see them maintain about 381, and at that point you might look for, like i don't know, a descending wedge pattern and a snap out. You know something like that about a million six trillion different opportunities or ways that this might shake out, but that's the way i see the market there: okay, huh wow. Someone had to look for 20 minutes before they could find the stream this morning.

Hmm! That's! That's! Really odd i mean the the youtube channel does say: stock market live. So oh, that's weird. That's i don't know i'm on youtube right now, let's see so if i was going to the internet to watch and i'm going to type in. Let's see, i don't know if i type in the title of stock market live and that's the title of our youtube stream.

I would imagine, there's a you know, i would imagine it should come up. No, no! Hmm! I wonder how far we have to go down this list until we can find the stream with the title of which we searched. It seems like maybe they are having some issues with their search engine optimization algorithm, because a logical person would assume if you type in stock market live it will pull up. Everything pertaining with the title stock market live, which would be this guy's youtube channel and maybe a youtube stream.

This morning, specifically titled stock market live, but you know, maybe i'm just an idiot and don't know how that all works so yeah makes perfect sense to me, but no we'll show you live stock market, but what about? But it's stock market live. I don't want to see live stock market. I want to see stock market live. I don't want to see trade ideas.

Scanners live for day trading stock market. I want to see stock market live. I don't want to see our stocks going to drop lower today. Stock markets in pla, no, i want to see stock market live.

We don't want to see bloomberg global finance that has nothing to do with the title. Stock market live. Hmm, no, weird, okay, so anyways everybody, folks, um good morning! It's good! It's good! Honestly! I'm not even really worried about it. It's just at this point.

I just i just joke about it's fun, so yeah keep up keep eyes on market. What time is it 9? 20 um yeah, you know, maybe moves up to 386 start today seems kind of. I can fox was sending her something on build back better, we'll keep working hard to get the bill finished. South african hospitalization rate plunges an omicron wave.

Only 1.7 of identified um flu virus cases were admitted to the hospital in the sec. Oh wait that could be missing for i apologize. I read that incorrectly covid19 yeah my mistake, my mistake: it's getting them confused there they're so similar. I uh almost forgot all right, uh we're admitted to the hospital the second week of infection.

Fourth wave blah blah blah. So you're saying that maybe omicron it might not be that dangerous, it's just so hard to keep up with these guys. These days, i just don't know so i think that's the game plan for the day folks is to watch the markets for a long bounce. For now maybe um, and if we're gon na see any more bigger, bearish moves in the market, it will be below the 380 48, which might not be today or even into the week or at all.

But maybe we got to see this counter trend bounce see if we can get above and if we can't, then we start rolling again and that's when we go so because if you think about just pattern, recognition right, if you think about pattern, recognition um, i mean That kind of looks like that way, but let's do like this all right. So let's just say that this is some like big head and shoulders right. This going down would be like the first attempt to break down it's like yeah, maybe not so maybe bounce back up hit trend, resistance and then roll, and then you can see that, and maybe it does i mean who cares? Lid yeah, you guys are comfortable. You guys are funny you guys are funny funny all right.

So let me move some stuff up here on this chart um i mean i'm not even really building any case for stocks right now, like i'm, not even trying to do anything with any stock right now, because i'm just just waiting for the market to shake up. Now give me an idea as far as how a lot of these things want to move for the day now there is, there is one that i'm watching, specifically roku, so i'm watching roku i like roku. I got a little long on roku and the reason why is it's just one stock yesterday that seemed to hold up okay, so kind of optimistic that that could be bucking the trend of the market? You know just kind of i don't know it's just one stock that held up all day and the market just got trashed on. So it's like that's interesting, so i figured it's not bad to follow that one for the time being now, when we look at roku, it's really just a counter trend, long into resistance, um, okay, people don't buy it because i'm i'm saying it's cool all right.

I see that spike there. All right don't be doing that um, but yeah. So here's the deal. It's just a counter trend, long bounce into resistance right now we're on support.

So as long as this trend holds, we could create a flag and break, and then you boom, like that, so that's a possibility and the the trade would obviously fail if we start closing below that trend and going like that right, like that's, probably not going to Be the case, so you know you already know where the big breakouts at you know where the support's at all you're looking for is a flag in between now and up and out just like it did here right, you see how, when it got below the weekly, You did a bear, fly right so now you're back up and in that same range, but just on the up, so you came into that range on the down. You've come into that range on the up, so we'll see if that holds uh russell ii, the old russell magoo. He came back down to a previous demand spot again. If this man i mean the russell 2, can move slightly different though it usually does move slightly different, because it's not the same, but you know i don't follow this as often so i'm probably not going to be as sharp with it but um.

I would imagine some market ripped up that was a break out, we're off that break out. So i think you might counter trend back to like 2170 there. I could see a counter trend long on the market, that's kind of how i'm thinking this market shapes up counter trend longs to start the day. This is zoom.

So it's the me so zoom communication. You know what you set up for a zoom meeting. It's just your drawing tool that comes with it, so i basically start another meeting overlaying on this just to use those tools. There's probably another thing i could use out there rather than using a meeting, but i just really like these and they work really well and what's up with the two long wicks on the qs.

What's up with that, this is what's up with that right. There boom first long target 386.45. This is also the price point that the two ghostwicks traded to this morning, not a coincidence, ghostwicks ghostwick, is that random super big, fast candle pre-market. You can't trade.

Okay, look at the cues: where are the ghost wicks? Let's go to the five day, one minute and i think these this level may have changed a little bit one. Second, let me just double check 928 we're getting close, um no or yeah, so it is a four hour level, so it does change a little bit. Um, but that's that's basically it. What did i say 386.45, so this is where the level really was earlier.

386.45 right there. That was the level uh price. This morning, when i made that kind of tweet it's okay, you can see that ghostwicks right to our predetermined level, so that level there that these went to that was there. Yesterday it was there when the market closed.

It was there when, after i was closed when pre-market opened five minutes ago, still there now and that's where the ghost books went just the day before i think it was on the upside, or maybe it was here so this day, the ghost wicks here they hit. Our levels, they don't look like it now, because they've changed a bit, but on that day those wicks were right off our levels. This day that down wick was right off our weekly, the weekly's below it now, but on that day that downwick tagged the weekly this morning, these ghostwicks tagged our level right there. So that's you know, that's it's a key level right.

I don't. I couldn't tell you much more than that to a degree but yeah all right. So here we are. Oh, don't do that um hold on guys, i'm getting some things going on my chart there we go the cues kind of popping up a little bit um stupid.

So there goes that i mean, i guess you could call that's that's the first long up for the day, uh there on uh the queues so we're starting a little jump up. Nothing too crazy, um. What is the deal? Why is this not working? I don't yeah. Okay, it's like just being so stupid, all right, uh, anyways! Sorry, i'm trying to get something set up over here.

It's just not doing what it's supposed to be doing for no reason all right. So there goes the market clapping out to the upside again off this move, you're looking for cues, maybe up to 380 650, wait! No! No! No! No, because remember that updated! So like yeah, it's still about the same 386-ish, you know so once the spot. If the spy can get through, that level should have a nice pop, you got those pre-market high traders that would probably come in there. So arguably that could happen.

You might get some pre-market high trader people coming in right around that level. Okay, so so far, big big bearish move rejection there i was a big bearish, but i mean so far a rejection there, all right, maybe if this freaking thing would actually work. Thank you. Um do so market starting to kind of move pretty ugly there.

Gon na add some puts there. Bearish kind of feels like this market might continue creeping down there, all right, just kind of holding waiting to see. If we get this snap. If so, we might be going to that 380 70.

good take out that low at 382 it'll be nice, so it took some profit on my play. Got ta make sure i stay green on that, okay um. We just got back down below the 50 and 100. So that's cool, so i'm still bearish right now would love to see this market go all the way to 380 68.

It might, it might not happen, we'll see um, but again, if i had to pick a down target. That would be my first one up, we'll see. I just wonder if we're getting ahead of ourselves in the market. That's that's my question.

Are we just getting ahead of ourselves? Are we going to continue? This fade all right, close, some more taking some profit uh on one of my plays. There still got some on and so yeah i mean that's it. Markets are just getting ripped down, but the the spy is performing significantly worse than that of the queues right now, which is just kind of kind of interesting. Maybe that's, because the spy doesn't have until way down there and the q's got that right of 3d side.

Debatable available, it's not worth getting squeezed up on the plate too, just an fy. If you are bearish, it's not that's not even, and it's not worth that so don't allow that to happen to you. Twitter is going down. Roku uh failing its move, kinda right now, but then again uh markets are getting taken down, so it doesn't really help much um all right.

So there's the first pop up to kind of intraday moving averages that i would use. So if we can stay below here. That's kind of important all right market continuing to stay below moving averages, so that's good, but obviously you still need to do quite a bit more there. On the q's yeah market i mean we did get um.

Today we were getting a lot of put volume targeting 380s to 375s to 382s, all in that area, getting uh essentially volume to the downside. So what oh? Don't don't do that? No, ah, okay trying to get my screen back and no stop doing that all right! So those are current open, plays open positions, things i'm working on on cues. Currently this is fyi spot, so annoying spies is getting roasted so far today stop. Why does it always reset so annoying? It does that and then, when you flip it back, it doesn't even work all right.

We got uh, there's, definitely the spy today. What's on the 200 000 count, um yeah, i mean 17 yeah. We got some volume coming through earlier on. Some plays yeah so like at 9.

42. 9. 38. 9.

937. You know we got some hundred thousand prints for 466, 460, 446 and 449 447 on the spy. Remember our targets down for the spy were 456 and um 456 to 4. Those are targeting, and those are 465's yeah kind of interesting there.

I don't really like that, actually all right, so i'm closing on the cues. I just don't like the way that that base was holding up for now. So i took my profit on my plays there, as i kind of felt that pressure um still didn't reach this down target um. Nor have we reached our first up target, so both of them are still kind of in potential play right now, and i just didn't like how the cues weren't really going down even with this kind of drag there on the the spy for now.

So i'm gon na give this a second see how we uh we evaluate closer to that um 30 minute mark on the day. Again. Anything i do before like the first 30 minutes is usually gon na, be pretty fast-paced trading smaller size in and out it's taking money here there and whatnot, because the volatility is high and things are still uncertain for the day and then, as the 10 o'clock time Approaches that's where you're going to see more solidified trends, but still, let's see um on the day for the 17th, we still aren't really getting any in terms of when i scan for anything a hundred thousand plus premium wise we're not getting anything on the call side. Everything is bearish uh when you get into the hundred thousand plus premium uh mark right now, so there has been nothing over the hundred thousand dollar capital premium.

Purchase on the call side of this market today doesn't mean that people are interacting uh with 10 15. 20. 000 on the call side right now i guarantee there is someone doing that, so that's kind of the way this market is sitting for now uh i chart my support resistance and everything on uh half year year and weekly, so um yeah good in the green today. So that's good good friday.

I like that again. This is this is the moment in the trader's day where it's even 9 40 - and you know, okay, you can keep around it's still. None of my things have even happened. We didn't go to my down target.

We haven't gone to my up targets. That means those are still in play. So it's like you can choose to not trade. You can choose to trade more.

It's just kind of the battle you play so um, considering we haven't gone to either i'm probably just gon na. Let the market shake out for right now for a sec. I'm not gon na try to do anything too crazy and probably add my other chart somewhere else. Yeah, it's better.

I mean so far that was a pretty pretty decent dip by there uh from the market. The spy just looks significantly worse than the q's do right now. No doubt no got a doubt of volume up there. So right now, if you are long the markets, i mean, in my opinion, you know clearing the high a day at 385 - will take the market back towards that 386..

I was i uh getting ready to add some calls and then i realized i was on the put side and kind of missed that little move. So that's kind of that's a little shitty dude all right. So there goes the market uh, basically up to our first target there i missed that move. I was getting ready to add some calls, but then i was on the put chain and then we popped and i'm like volatility's kind of juiced or whatnot.

So i'm not gon na i'm not gon na roll with that one um. So this is basically the first long target on the day, which also becomes a potential sell target. So we'll see how the market uh, let's see how the market interacts there. It could be very interesting all right, so there's your first long target on the day.

This is where you typically would see some sort of pullback some selling yeah that yeah that's exactly what you're looking at hugh. So, basically, if the cues start to fail here at 386.25, this is where we can see that downtrend kind of resume nope. I got no stocks right now, no nothings, just basically watching for um how we interact this level here specifically hold on guys all right guys. So you can see, i mean yeah.

You can see, obviously the market's still holding below that level right um. So this is where uh a little bit of a pullback might occur. Now, whether or not it takes you to more of a downtrend for the day. That's the question whether or not it leads us to a choppier market.

That's the question. You know the world may never know all right, spy's starting to get absolutely banged. Okay, some would say the market's been unpredictable. Some would say otherwise.

Wow, that's really weird like. Why did the market sell down off that white level? Weird, what's going on so confusing? So remember i was saying like that's that's your long target. All targets are also cell targets, short targets or buy targets right, oh yeah! That's that's! Not looking so good. My dudes! Well, i mean it's just it's one pullback, of course we can always come up over, but you know for right now that just tells us there are some sellers there willing to interact with the market at 386.

You know whatever. That is so. I don't know that 456 is seeming kind of like it might happen. I don't know we'll see this market is interesting.

Some would say it's uh gon na be a santa rally to the downside, yo santa rally down, but we're also at this we're also at the demand level for the spy on the breakup. So arguably little popper magoo there but uh. If that gives way, then i think four, six, four four. No! No.

That seems a little iffy for right now, but we'll see we'll see. Oh hey yeah, i mean that's. My only target down spy is 456 at this point, but that cute chart does look a little interesting. There's a big battle going on big battle, the old biggins yeah, so um fy.

I took a little short here on spy at the top as the market got here, so the spy looked more bearish today. So when the qs got to their top tick target, i added a short on the spy and covered it right there in the demand um. So if you are bearish i mean i just did that and basically i'm just kind of waiting to see if we'll get some more weakness here and if so and i get to gain some confidence to target down to 380s on the qs or 47 456 is On the spy zone, i'll do so, but as of right now i don't see anything in the market really long bias craziness until we're up and over 386.45. So that's what i'm kind of waiting to see shake out.

I'm not certain uh on this q movement. Right now, so i kind of want to see how this dip reacts and see if we start basically up trending down trending off that move. What's up with tesla, let's see tesla big pop big squeeze, so that's currently keeping you know something up. Let me just make sure, let me see what's going on apple, because i feel, like the market might be kind of priming up for, like almost like a pop squeeze kind of move, just something really funky up back and maybe even into the 386.

um. It almost looks like a double bottom squeeze there on the market too, very interesting setups, all right, so uh tesla up pretty big, oh well, yeah tesla, basically retraced to those levels trying to oh apple, so apple broke up trying to hold above if it doesn't, and It rips back down into the weekly is that a weekly negative one though it's got ta, be no that's a positive one so below that is not gon na look good you're above that, so you need to hold above, okay, so uh. Basically, the way i see it is jesus paint tesla needs to uh. Basically anything that broke up your big cap stocks that broke up.

They need to hold um, above basically their breakout levels for the day and if they start swooping back down and under that's where we could see something, that's not so good. So i'm trying to kind of put my eyes on that here. Oh got some. Okay, all right! So that's on the oh, but at 9, 55.

9, 55, 9, 55, okay. So at 9 55. some dude jammed 1.1 million down and what's it called sorry, this mic's all the way over there all right, 12, 17, 9, 55, 385. Yeah.

There's. Definitely a battle going on. I got. I got some numbers coming through 1.1, mil on the downside for 385 qs, but i also got about 1.2 on the upside for 385s to 400s, so 385s, but 385s were taken at 9.55 so that guy's under the water, the 400s, were taken at 956 956.

So the calls are underwater. The puts are paying that's debatable who's going to win that battle. Those guys battling it out um. You know i'm gon na play the down here.

I'm gon na take some on the downside a little bit um. So i'm gon na play some puts here, cues down just see. If this works, we have a little bit more for some stocks to pull back and it's my assumption. If they don't hold these pullbacks really well, the cues will kind of slide out, but if they do hold, then we're gon na probably continue maintaining this sort of move that you see see.

I get my fill, i didn't even get a fill hold on. I'm gon na there we go. It's just got to fill so market's got to be going up a little bit there. So uh yeah apple's right at support right now.

So this is what i was talking about. Um was we just kind of got right back down to some potential support areas for like apple uh? Tesla still has a ways to go, so i'm just kind of waiting to see if we maintain some of these supports and if so i think it helps keep the cues up. Otherwise, i can still see that slide. Um, google's red microsoft's, red apple's red i mean most things are red, but then again the market kind of started down so not really surprised there roku starting to move and perform pretty well there.

So there is a squeeze off one squeeze all right, tesla's holding pretty solid in that dip. So far i just want my one minute chart. Where are you do yeah? I still got my puts on and went underwater there in that volatility pop. Unfortunately, roku uh doing pretty solid there still holding up pretty decent okay.

I still got tesla going down some. In my opinion, all right apple is back to the weekly. If we start breaking below the weekly and holding below the weekly, that's not the greatest sign for uh apple, alright, so um, there's that let me pull up something else: yeah microsoft does not look the greatest as of right. Now it's down towards some previous price action levels, um yeah, i mean that's still kind of sliding a little bit all right.

We we're into the 100 uh moving average on the intraday getting below. This could also be a signal to some as we could be. You know entering like a downtrend in a way on moving average uh perspectives. All right there goes tesla going down some more.

My target on this pullback to tesla was 9 27 67, so we're pretty close to getting there. Microsoft looks like it might fall through the floor. There, unfortunately um. So you know, i would imagine, if microsoft gives way below it's low, it's going to add some weakness to the spy in the qs um yep, so still in bearish on the cues not really doing anything too much right now i mean theoretically, we kind of pushed Up here, so that's a pretty, i mean, there's like a demand area on the intraday.

Arguably might want to retest that zone through this yeah through that demand level on the day is where the bigger drop will happen on the qs. If it's, if there is one, that's going to happen today, that's probably where it would try to happen yeah. It does kind of just kind of seem like that. Uh microsoft still creeping down a little bit tesla starting to hold some uh apple, holding into its dip.

A little bit too so this might be i'm gon na cut here so about a 10 loss there on that trade. Unfortunately, but um you know, the markets are moving right back to supports the entry, wasn't good enough for how the markets performed needed to get it on, not that top one but didn't um, so yeah kind of poor there. But just in case i mean you can't do whether it turned to like a 20 or so still going to be watching uh. The markets here still nonetheless - and you can see like you - have this down trending move here in the spy, but it's just not doesn't want to give it to you yet so yeah say apple's like right about its weekly level.

Thanks robert no problem, no problem yeah, i still don't have any change like in some flow here on the market, still people targeting spy down and got calls on the queues up a little bit, which is kind of interesting. Do i mean the mark is still just kind of thinning out just slowly creeping down yeah i see well yeah. Microsoft is like right about oh yeah. It did get through its low a day, yeah, that's kind of like exactly grant yeah trying to break down there.

I see that um i do yep. What i'm kind of watching here is. This tesla, though i mean tesla's like basically got back down to its support. I want to see tesla down through 9.27 tesla through 927 and apple down through 170 34 should take the market um, and then we have a better chance of seeing the q's targeting down uh to single print location 38202, probably somewhere in there, towards the lows very Good, ladies and gentlemen, boys and girls, children of the corn, there goes the spy getting clapped.

There goes your uh your market back to the demand. Remember we talked about the demand. That was your first demand level, so there was a lot of volume there right. So markets went back down to where there was volume located on the buy side and um yeah.

So if this market truly falls apart, we're going to go down to 380 75 might be a little bit challenging for the market to do right now, arguably, but uh we'll see like in this exact. Second, it might be kind of challenging for it to do that, but the way i see it is there really is no support once you once you take out that demand. I i don't really truly see a ton of support until we get down to 450 678 spy and 380 72 on the qs. As of right now, all right tesla below the level we talked about very good microsoft, continuing through the lowe's grant.

I'm sure your position, if you're doing that's, doing well apple's down through the weekly as we discussed, that's good, that's weakness! Now you could very well see a bounce back to re-test any one of these levels that just broke on our major market stocks. So, like you know, a clap back on apple back up to the 170 33s 170 60s is not surprising at all tesla, coming back up to like 6 26. Something is not surprising at all. It would just be those stocks retesting their breakouts to the downside that they just did.

You might not think they broke down, they just broke down. Most people wouldn't say that they broke down because there's no pattern: they're, not totally below all price action support levels, but the reality is those just broke down right, like apple's still above previous lows, um tesla is still above its flag pattern like no like you. Don't they they just hit a breakdown level. Now, whether or not they maintain the breakdowns, another question, but they did do a breakdown just minutes ago.

It's just whether or not they maintain the breakdown stocks can do this all day. Long not maintain breakdowns, and then you have chop days, but you just broke down now. It's do these stocks maintain the break and if they do markets going to slide and and there's other things going on in the market that i'm probably not seeing oil is probably doing this. Joe biden probably told you he's going to build back three times better.

Today you know um nancy pelosi, oh no, we should always have a politicians. Of course we should be able to trade. I make six million dollars - 20 million dollars every 15 months, because you know i just have insider knowledge. So, of course, we should be able to trade.

It's a free market. Free market yeah sure give me whatever she's drinking because clearly she's all right baby girl. Let's get it, clapped down to 380.75 tree 80. 75 spy faux 5677.

This is also a weekly level on the queues. If that gets taken out that no goo, that's not goo. You know you're not gon na, like that, so we're right at the low a day i mean the reality is typically you get a bounce here, but that thing looks really weak. I'm not going to try to buy that bottom, i'm not even going to cover, even if it gives it a little poppy magoosh or magoosh or mcgisher um, but yeah apple, fading, microsoft, fading market, fading, weird, so confusing all right at 10, 10.

So, just seven minutes ago we had uh 315 000 coming through for 456 puts. Isn't that ironic, our down target was always 456 and you're, seeing 315 000 in premium going for 456. ironic, weird interesting hole, but not really. I mean it's low a day.

Of course. It's going to try to do a hold there. They always do oh yeah. So look at right now.

Let me show you so this is apple. So remember those remember, i told you it's breaking down, so those yellow lines it just broke down. This is the bounce back to retest. The breakdown.

Remember tesla. It broke down 970 32. This is the bounce back see if maybe it re-tests, maybe not - maybe just a quick pullback continue down. But if you see this bounce back to here, that's completely normal.

It was always expected if you see apple bounce back up to these yellow lines. It's completely normal. It was already expected right. So if you're seeing a little bounce in the market, you already know why uh ben yeah, probably honestly it was wrong - yeah, probably so yeah.

Basically you have the q's fighting low of day. You got a couple of your you know: maybe bigger name stocks doing a little counter trend bounce backs, but once the counter trend bounces are done uh, you know i would think the market probably continues to slide. But that's the thing i mean the down target here is 380.. I mean arguably you're close to that markets.

Sometimes don't always work perfect, but the reality is you don't really see a whole lot more downside like you could see down to here, but nothing too much more until you break that level, specifically all right apple's starting to reject off the 170 170-34 we'll see if This kickstarts the downtrend on apple again uh, we'll see, maybe it needs to get back up to the weekly of 1764, potentially by the way i'm not going to get squeezed and give back my profit on my trade, just an fyi right now. It's a very small play. It's only one put for now, um, just because i know we're trading inside of range right now, um. So until we're like truly outside of one of these ranges, i don't feel as comfortable hammering a bigger size, um, so traded.

Some down covered some now just got one on the one's at about 40 or so ish give or take some. So that's the one i'm 378, it was cheap. That's why i tagged it could have done like a 380, probably got it closer to in the money, but yeah i mean either way. So it's working it's doing.

Okay, um! All right! Uh tesla did a little pullback, almost getting ready to take out the pullback low apple rejected almost off that weekly, as mentioned kind of kickstarting into a downtrend. This is where i think we're going to get that next, maybe snap candle on the market, i'm hoping for that would be cool all right. If we snap true here, we should go about 380, 70s or so puts up 54. Very nice.

I mean it's a candle through, but now ripper goo. Hmm. I really want that 380 chevy though well, then again you got apple. Basically right at its low a day.

You got a couple stocks. Well then, again, you just hit. You just hit single prints. Two on the day to the downside, so it makes sense so you're gon na do a little yeah.

I mean that makes perfect sense, you're trying to do a little uptick tag, magoo thing there, but um yeah, i'll trust that i wouldn't i wouldn't buy. That i'd be an idiot. If i bought that dip, i think you could scalp that dip. You know, but in my opinion it's just not not the best dip right now to buy into you could scalp it, but i couldn't hold that long.

In my opinion, for right now, even though we got down to the singles, i'm assuming tesla continuing down um, let's see if we're getting any uh flow here on the qs all right, 10 23 we're getting 400 puts uh. We got 2.8 million at 10, 20 put uh for 350, so someone in the market by the 17th put oh well. That's a cross, never mind forget that um! So that's the 17th! That was at 10, 18. 10.

18. 10, 18. So let's see 10. 18.

10. 18., so all around this bottom area, we're getting 380 puts 380 puts which again the target's 380, so it makes perfect sense. People are throwing in size at the 380s because that's always been one of the first down target projections for the day. In my opinion, so you know someone threw 679 679 thousand.

Someone threw another 400. 000. 216 000.. So we got about a total of a million dollars going bearish targeting 400 well, 400's already surpassed, but basically 800 000 targeting the 380s.

You know and that's their the down target there, so you know arguably may or may not happen right away, but um, that's where the puts are targeting since 10, 20. um, that's where we've been targeting since we were up at 385's, since we were up at 386 As we were always targeting down there potentially for the day, it's just a matter of when that trend gets there how it gets there and do we actually get there. That's one of the probability levels all right, so we have tesla and apple basically going back to their breakdown levels. So these are the levels they need to get over and maintain, or else the market will fall basically back into.

I think a pullback so we'll see so um. I just decided to add some more puts on uh the market. There add some puts on the cues here, basically going to see if this this retest of this trend fails and we start to go and take this trend back down again. Um might be a little soon on that decision, but we'll see see tesla's kind of getting over.

Okay. There we go apple rejected the weekly tesla back under its level that we keep referring to spy breather back towards a 50.. Most recent demand was, in my opinion, it was kind of there. Arguably bye amc.

I haven't even seen it today. Let me take a little peek. Oh gosh, yeah crazy, nice! Well, that market so far it's holding really good, so this just might be where we give it another few seconds and we'll see if we get our reverse, if not i'll, probably be cutting, because you got apple or sorry, you have tesla kind of getting over its Trend right now, you still have the spy going into the 50. um cool.

That's interesting! So we'll give it a second here we still haven't gotten some of these stocks over their major trends. Yet come on tesla. Just let's go yes, you're absolutely right! Grant apple's getting rejected again so that kind of helped pull the market slightly a bit there. Probably we are still just grinding and holding right now, yeah just not liking.

The way that's feeling currently apple continues to hold, so i am going to take the l on that short top okay. So i'm out, i don't like the way that tesla has recovered its breakdown level, don't like the way the apple recovered or it's basically looking like it's going to recover um, so whether it be wrong timing, whatever the case may be, it's it's all good. Still a great day, most trades worked pretty well um. We never got our down target today and that's okay.

We did hit our up target, which also was a great short level um. You know. Theoretically, the spy has not started. I mean i wouldn't even really be concerned about the market in terms of spy like once you get over 100 moving average there in the intraday.

You might suggest that's kind of starting that up trent, so um that was a great hold from tesla roku. Still doing very well here on the day, yeah roku up and through that weekly should cause some good movement, in my opinion, yeah so, like you know, with roku. Obviously, if roku can get up and through like these previous tops, that would be cool but more or less if roku starts getting up through 20 to to basically this level at 2, 2. 2.

6. 2. 2. 2.

3. With a lot of buying volume, it's going to rip to 229., so arguably that could could be the case. Uh tesla doing exceptionally well there um off that move. Remember we're talking about a downtrend! Now it's uptrend a little so yeah i mean that's still still performing pretty good yeah i mean if we could get that up through there.

It would be just gon na be awesome all right, there's the weekly on the qs or not the qs, but you know um whatever. It's called all right so through this, with good buying volume, can kickstart a better move um aside from that market's moving great, you might as well consider 982.68 as a potential long target on tesla today, okay hold on, i got ta do something here really quickly. Definitely a good day, i mean honestly, 380 272 would be pretty impressive for for uh tesla to do today. But if again, if tesla's not gon na downtrend anymore, it's gon na go up until it hits its next resistance.

I don't have resistance on tesla until about 980 272. all right, so you see how the how roku basically went up to that yellow line. It got pretty close, not quite, but it pretty much went straight up. That's because today that was a probability level right, like this white line's, a probability probability probability they're all just probability levels right.

So it's like once you figure out a trend. You know you can try to target two um so like for now. We don't really expect anything to happen with roku until we get through that level until we can get through the uh that big, yellow one there right i'll be right back, i'm gon na go get go, get myself one of them, i'm gon na go get me. Give me one of them coffees i'll, be back hello, guys, home back home.

All right things are looking great market's going great everything's, going pretty darn good everything's just bouncing now, so that's cool um. So, regarding amc um we might arguably go to uh yeah i mean. Maybe as high as uh 31 today, that would be pretty intense, but i mean you can't you can't really want to short that i mean if i was going to short it. Where would i short it? I would show it at 30..

I would short it there today. Well, let me double check hold on. I could be missing something: let's see, yeah, no, not missing anything, not missing anything! That's exactly where that thing can go all right, so uh yeah, i'm gon na, do that. I'm gon na i'm gon na throw on some 32 calls there just for fun.

I mean this, i'm so far behind most people here, but i still see that market going to like that high. So i don't even care if i get caught in a pullback right now and it'll be fine, but it's like if i really wanted to sell that market down myself on amc and destroy it on a short. I wouldn't even consider it till probably like 30 ones. Myself so that might happen by today.

That would be interesting. So obviously i'm not going to allow myself to lose a bunch of money. I mean it's not going to be a bunch of money, so it's a small play up to 32 31 32 small play up there. But again, if it works, it'll be it'll, be cool, you know, maybe run 100, you know 150 or something like that.

Um take profit along the way, whatever this that the other um, but the volume is just outrageously insane. Today, um and again, i don't have any deviation resistance until we get to about 31. um tesla hit a high today at uh 950. Our max long suggests it would be like 982's right now that would be pretty crazy, but yeah market, oh by the way the market is right back at that remember that first target area.

So this is a breakout area for the market today, um potentially so - maybe not happening right today. This second, but you know nonetheless this is a breakout spot and you know one way to play. It is going to be let the market break come back, retest it by the dip. Sometimes that never happens and you miss it and well tough luck! Kid welcome to the market um, but that's one safer way to play that move.