What's going on guys, welcome back to the channel uh Happy evening to you I just got home uh from working at the rental property? Uh, but I figured I'd do kind of a little nighttime recap. Um, you know and maybe what to expect going into tomorrow. So throughout this video we're going to talk about moving averages statistics Fibonacci V whaps? And that's pretty much it. So let's get into it.

So the first thing we're going to do is we're going to start here on this chart here. Okay, 10-day 30 minute chart And this is ideally a chart and a moving average setup that I use to basically just determine uptrends and down Trends and when those things might start and so on so forth. So you can just basically kind of call this a guide for uh, uptrend, downtrend but not necessarily the be all end all for Price targets and um, you know, sometimes the most specific entry but a very good guide and so we can kind of build off that All right. Second thing we'll look at is the Spy over here.

just looking at this screen. these are statistics levels. Okay, um, so just kind of. in a nutshell it is.

You know pretty much guaranteed that the market at some point is going to trade to and from and around these lines. Now the more you get used to using them, the easier it is to kind of understand what will or probably can or can't happen. So I do encourage you guys to watch this morning's video. This morning's video.

we kind of covered beforehand everything that you could expect that would happen from the market before it happened. and I think I even did that yesterday. No I forget, make so many videos and post so much. But um, this morning if you go back and watch the Youtube video I posted, you will see that the statistics levels or here and here I Forgot this was the start of a new week so the weekly statistics are going to update and so as the market opened, you can see that the statistics level actually updated here and this one up to here.

Okay, so just kind of an FYI I Didn't really think about the time. Okay, so um, you know, just kind of like a little tidbit here. basically on a day-to-day basis, we just kind of expect that wherever the statistics levels are, the Market's going to either trade to and from, use them as support, um, use them as breakout levels. uh, re-test levels, and so on so forth.

So you know, kind of. the best example I could give to you of looking at these statistics levels and then seeing kind of the breakouts and the retests would be you know something like this All right and you see how we break this one out here. Okay, it doesn't retest until like a couple days later right there. Okay, and it wasn't necessarily a perfect retest like to the penny, but the concept being is this was the breakout and then so this would have been broken out on Friday This would have been Monday to start that week, so statistics level updates upwards.

since the move is up and once the market finally gives way, you'll see that we retrace and basically hold that deviation okay. and then um, you know you can even see here how this one broke out. there's a retest push up I continue over. you know, and same kind of concept right? there's your breakdown.

there's your retest and then down again concept here. Breakout: There's a retest push up. Here's your break out of this guy. Push up, retest up.

Okay, um and so that is. Uh, that's just kind of like the natural flow that you'll see a lot of times when using statistics. so you know we'll use these uh to help kind of gauge market and expectations of what can or can't happen. Um, you know, kind of.

the best way of thinking about that is like okay, if I know that the statistic level to the upside is 406, then I know it's You know, very unlikely that I should get 406 calls and expect those to be in the money since that is very well gonna be the resistance right until it's not. So it's just kind of one of those things where you know it wouldn't be logical for me today. by zero, DTE is targeting 406 with the expectations that even get into the minor State into the money for very long because again, that's statistics right? Same kind of concept here. doesn't really make sense for me to buy like you know.

396 puts today expecting them to get there. Not that it's not possible for it to happen at times, but it's like what is the probability and hence statistics is probabilities right? So it's like when I look at this chart and I go well I could buy? You know 400 401 puts or I could buy 396 Plus what's most logical or what's most probable to hit this one or this one right? Not that and not that right. So you can almost just think of this as like a box on the day. All right.

So that's probably going to be your market for the day and if tomorrow say we broke this down and started selling down and it's like okay, this is probably our Market you know for right now until stated otherwise. No, they're just kind of areas. Uh, that kind of help box the market to a degree help you kind of understand. Um, you know probabilities and things that you know are more likely to touch than not.

Um, Okay, so that's one number two is this isn't always going to work of course. never. Uh, does something work like every single time every single day but something you can do on Gap ups and GAP Downs on days that I like to do. And it's not Like the be-all end-all Fibonacci trick, but it's something that I'll do on an intraday chart along with looking at some longer time frame Fibonaccis which are usually provided by my partner since he's a little bitter better at that jazz in terms of like longer term Fibs and swing Fibs and so on and so forth.

So here's a little tactic that we'll use on a day-to-day basis for understanding the um, you know, gap down Target or a gap up Target right? So for example: Market gaps down. Here's the tactic that I like to use which is basically pulling from the open of the day to uh, the previous day close Okay And basically what it comes down to is the 161 is going to be our first Target On the downside, So basically in the event Market gaps down and we pull a Fib and that gives us down targets. Um, you know, as long as you know two plus two equals four and markets move the way they're supposed to uh, then we're just going to expect the 1618 right on the day. you can kind of see along with our statistics.

where is the 161 right by those statistics levels So you know, think about it like this: gap down 161 targets There, our statistics targets there so there's things lining up in that area that would make sense as setup like a magnet for the market. Okay, so that's one tactic we looked at. I said okay, what's the overnight Gap where would the downside destination be if we do, in fact, kind of move that direction successfully. Um, so there's that.

So that's moving averages. that's statistics and that's the Fibonacci. Um, and you know, maybe I'll give you like another example of this and it would kind of be like uh, you know, maybe like here on this day. Like right? we gapped up.

We opened up here and actually sold below our FIB levels pretty well, but later in the day reclaimed and then where's the market? Go one six one and that's the close right there. That was the last candle today and that's the next day. So you can kind of see the concept. so not that it's always going to be picture perfect what have you, but it's a good way to get a feel for you know where the market can go in terms of price? Target right? So earlier I'd mentioned to you that the moving averages are not necessarily the price targets, but a good guide for direction and then our price targets will generally be um based off of Statistics Fibonacci sequences and in other cases, uh, volume weighted average prices.

So now what I'm going to do is I'm going to pull up the other chart here from Trading view. Now this will give you a view at basically um, volume weighted average prices that I track and a lot of it has to do with you know, uptrends and downtrends. So when I feel that the market has gone into an uptrend, I'm going to be tracking the volume weighted average price of an uptrend. and if I feel that the Mark has gone into a downtrend or it's starting to go into and downtrend, you know then I will track the volume weighted average price downwards and so on and so forth.

Now aside from tracking the uptrend or downtrend with the volume weighted average price um you can also think of and you should Also, you know learn if you haven't already but come to the realization that volume weighted average prices you can think of as the concentration point of Market participants volume. Okay now what I mean by that is Obviously we know that the market runs to and from demand many times. We also know that you can hit people stop losses all right you know. And so the concept being there is that the market is going to move back and forth to and from supply and demand all day every day.

This that this that in what causes that fluctuation is obviously participation in the market but also people's you know, stop losses you know, uh, big swings in the market come from taking out big volume levels. So basically what I'm getting at is uh you know what I'll do is track volume weighted average prices and um you know it's going to give me an idea for the volume weighted average Trend So I know sometimes when like for example, people are going to be getting stopped out or when the market is going to wash people out of their lawns because we've already taken out their volume weighted average price so they may not see it as that but you know we're seeing it. I You know for example, if I go and I'll get to this but like for example, this pink line right this one right here this was our volume weighted average. Bullish Trend right? So you can see.

We held here here here and then we moved up this morning. we Gap below it. We reclaimed it. So you know, think about it like this, right? This is the the bullish.

Trend Most people's volume is concentrated at this price each day based off of the previous day's trading. Okay, this morning we opened up below that. Okay, so people, most most people are underwater. right? If you're buying here, you're buying this dip.

This dip. This dip, you're under water. So if you're looking at the Mark Market on a horizontal fashion, say like oh, this is support Okay, or you know this is support right? If you're looking at the markets horizontally like this like that support or this pre-market low is is going to be support right You're like oh, that's that's support Or if you go like oh like this level down here is support, right? Many people are going to look at that, and that's generally speaking, the first kind of way that you're taught the market. especially on YouTube videos and so on and so forth.

And I Gotta say that I uh um, in the past have unintentionally taught people wrong approaches. Not that I meant to and not that they won't work at certain times. But you know, ideally if you're coming across someone's YouTube channel, they're telling you to just basically drop horizontal lines on their chart. You just just turn it off unsubscribe.

Yeah, give them a chance. but you know, like they did me. But you know, ideally if they're telling to put horizontal lines in their chart, chances are and it's not in a bad way. They just haven't been in the game long enough and they're just kind of.

You know that's it. I've been the game long enough and so, um, but they'll get there all right. So and this does not make me perfect I'm just trying to give you guys some tips on what you can do to you know, expedite your learning curve and you know, avoid um, information that will not not be super ideal for you, right? Just cut out some of the noise all right. And so there's a bazillion ways to skin a cat.

Okay So uh, what I'm going to do is I'm going to take you back to you know. Kind of like this moment in time. back here. All right.

So if you don't fully understand everything that's going on in this video I apologize I'll try to make it as clear as I can, but just kind of think of everything that I'm talking to you about right now in terms of moving average and V webs as just volume concentrated Trends Okay, and when one of the one of the main Trends is taken out, you're going to see a flipping volume all right, so on so forth. So right here this is a moving average cross that I would determine as bullet. that's a Buy Signal Okay, so with that I have this: uh, this this yellow V web here. Okay, so this V-wap is essentially calculating the uptrending move.

All right. So this is the volume. This is the line of you know, the volume that's concentrated in the market. Long bias, right? So if you got long here, awesome.

If you got long here, you run the risk of going back to here. Okay, if you got long here, you run the risk of going back to the yellow line. All right, if you long here, you run the risk of going back to the yellow line. That's just kind of concept.

Okay So this here this yellow line was the and still is the bullish uptrending support of this. Buy Signal Okay, now the other day we actually broke the 50 down which is sort of another cell momentum uh tactic. And then we got a false cross. So in short, on the other day it was at Wednesday January 25th.

A lot of people thought that the market actually gave a cell signal here which then basically put people into short positions and then we squeezed them out. Okay, so since this was a false sell signal I would still kind of consider that this yellow line is valid for right now. Okay and then not to mention you can see we crossed back over here which again is a Buy Signal. So just know that this line here and the start point is a volume weighted average price for an uptrend.

This pink line is Oh. Let me point to it. this pink line here is a volume weighted average price of current uptrend. Okay, and so basically what we saw happen.

Uh, since the previous two buy signals is basically got a buying signal Market goes up all right and you can see we take out the yellow V web. So we've taken out the average share price of most participants. This green line would be the lower band of the V-wat okay, which I call the lower distribution. So essentially we've gone from the average share price where most people have their average price below that.

So now they're stopping out and washing down. and essentially we wash them down to their lower distribution their Max Payne spot and then we rip them long. Okay, and then what's going to happen is you see that on this day, right? Look at this day, this day, we got the 10 below the 50. So most would consider that a sell signal and I do myself.

it is. It is a sell signal all right. But it's only a sell signal if the price is below the 50. So In This Very split moment I Know you'd be like wow, You really? we got to be that detailed.

Yeah, you do. Okay, so look at this is a sell signal. but at the time of this 10 cross in the 50, what's going on The Price is over the 50. So the rule would be you're not bearish on a bearish cross unless the price is actually below the 50 at the time of the Cross Or it crosses and then it tries to go up and then it reverses down and it's below the 50 and then yeah, it's bearish.

But the concept being is, you're not bearish if the price is over the 50. Okay, and you're not bullish when the price is below the 50.. So if this was a, um, a bullish cross, but the price was below the 50, it wouldn't be considered a true true Buy Signal Okay. So continuing on right? So we get this new Buy Signal here.

So I'm going to track the uh, the uptrend of that Buy Signal and so that uptrend of that Buy Signal as you can see is going to be this pink line. So just as you saw back here when we had this, Buy Signal there is your bounce okay and then you never really got much of a touch after that and there's tactics that I use for that as well to to get those bounces even if they're not touching. But then you can see we go back into an uptrend here and you can see bounce bounce bounce. Okay, and then today we break it down right? So today was the start of washing out some of the volume, but instead of washing them out like we did this day, you see this day we broke the yellow and we snapped down all right today and and I'll just highlight this yellow because it's the same thing as the other yellow, but just pertaining to a different moment in time.

But it has the same purpose, the same meaning, and it's used the exact same. All right. So like on this day here, you see, we break the yellow so we're taking out the average share price of most Traders and then we wash them down to the lower distribution. Then we bounce them.

Okay here you can see we Kickstart new uptrend bounce bounce on Bounce and then we take out the volume weighted average price. Except this day we don't wash them right away. The market actually reclaims the V web. Okay, so if we kind of zoom in here, you're going to see that the market reclaims the V-wap All right.

So until the Market's actually below that, then we would still be bullish, right? So though we opened lower, we grind it up and over. and that basically dictates bullish for the time being, right? So um, yeah, sorry. Uh, so we'll continue. Okay, so we break down below.

but then we go over and we squeeze up. Okay, so if you watch this morning's YouTube video I pretty much said watch pretty much long bias and then we want to be bearish into this red V-what Okay, so let me show you. so just yesterday we had started a short term sell um, attempt which is breaking the 10. So once we broke the 10, I know that we are starting what could be the flip to bearishness or whether it's one day goes for five days, 20 days.

Whatever right? we have sold below the 10 and that is a a bearish indication in the market. So now what I'm going to do is I'm going to track the volume weighted average price of what I believe to be the start of a potential new bearish move. Okay, and the lowest risk possible entry for me to join in on that new what I believe to be new bearish attempting move would be these red V webs okay simultaneously. I Also know that this yellow V-lap is the average volume weighted average price of the bullish move.

So if we're going to get a bigger flush, we would first need to take out everyone that has their average share price of this yellow line. Okay, um so you could be asking me like, well how did I know that it was going to break over this and then go here first as opposed to just sell off right away like on the other day. Well let me show you see on this day too. Let's go back there.

See on this day we gap down below the 10 so we started a sell signal. Now watch what happens when I tag my V webs where I know I'm supposed to be tagging them and let me adjust them to make sure they're proper. So I gotta go like this and I know this is a lot to take in. Um, you might be going well.

you should make keep it super simple. I mean to me this is I mean there's it is relatively simple. Um, it. I I To me I think it's relatively simple.

Okay, and I don't really see this as being I Don't see it as being very busy either because you know these are literally just trends of people's average share prices and so on so forth. All right. So I'm going to move this up a little bit because we're right about there I Believe or close to or something like that? Yeah, pretty much okay. so let's go over to here to this example, right? So why was it that I expected we would actually break over this and then go to the red line? Okay, well, number one and let me take this off and I'm gonna know why this is there I might have actually put that on.

Okay, so why did I know or have a good indication We break over the yellow, then go here and then sell them well again because this is the low risk entry of the new Bearish Selling Trend that's underway or attempting to be underway. Okay, now let's go over to the other example. All right. So when you look at this example, why was it that we sold below the V web and kept selling as opposed to going up to the V web? Well, that's because the new short-term bearish Trend volume weighted average price is actually located below the yellow line.

So if this Market is going to respect that short-term sell signal or bearish you know signal in the market, then the low risk entry for that trend is going to be this red line which is below the yellow. Now go back over here. Why was it that I thought we were going to go over the yellow as opposed as a close as opposed to Flushing out because the volume weighted average trend is above the yellow. So if we're going to join the bearer short-term Trend the low risk entries here not here, right? So next thing I want to show you is um, where is Discord Here we go Okay, I'm going to pull up Discord real quick and so this is something.

uh, that I Just kind of like just like to point out to let you know that I'm not necessarily making these YouTube videos in hindsight and you know, talking about things that happen without knowing that they can happen. Um, so this is kind of just like some slight backlog. Um, this was at today at 12 51. Say keep a watch on the descending triangle breakdown.

Do I pay attention to patterns like that? Not really. But you know, if you say descending triangle pattern, most people know what that is and they can see it right. So do I pay attention to patterns all that much? Yeah, kind of. You know, slightly.

but they're like very low on the pedestal of usefulness tools for me when it comes to actually making a trade, they're like 10th thought down the line. Okay, so so keep watch. Descending triangle breakdown on 50 SMA low of day if it Market if Market flushes, look for 401 470. And of course, when you're in the the market and you're in the stock market industry, you always say if right? If because it's really hard to just go out and say it's going to happen and then if it doesn't look like a complete jackass, right? But the concept being here is if the market flushes you look for 401 407, then watch for a bounce there next.

Okay, and I'm at Home Depot when I get to the property, I'll load my PC up and I'll keep tabs on it. Okay, so concept here is watch the descending triangle breakdown of the 50 SMA So I'm not saying watch the descending triangle break down. No, there's a descending triangle that's forming and the support of the descending triangle is being created from the 50 simple moving average. So we're not saying short.

The breakdown. It's descending triangle because descending triangles are going to create this big flush move that has nothing to do with it, right? It just has to do with the 50 SMA of support and along the way before breaking it, a descending triangle was formed. Therefore, follow the descending triangle for a break below the 50. that's why it's being supported.

and thus, if the market chooses to flush, we can look for the market down to 401 470. Okay, and then you'll see later at 3 24 PM watching bounce at 400. For now, the whole trade plan I posted earlier has played out perfect. Okay, so this is to give you some context that I am able to and I'm not perfect, but to visualize things in real time before they happen and give the plan out ahead of time and things to really expect.

right? Um, so that you're not necessarily confused about why things are taking place in the market? All right. So let's take a look at this picture. Okay So this picture in this picture, you see that green line down there. That's the lower distribution line I Talked about it once earlier and I'll talk about it again here in just a second.

and then we'll double back to the previous one that I talked about and do it in a comparison just like we did. How did I know it was going to go over the yellow and then hit the red this time and why didn't it go over the yellow the last time? But it hit the red right? So showing you you know two examples of the same exact thing. Slightly different Market Scenario Okay, so when we get out of this Discord All right, and we go over, Let's take you to here. Remember what I said when you take out the volume weighted average price and you flush them, you're most likely going to flush them down to the lower distribution.

And when I say most likely it's common, it's not going to happen every time. If so, like, for example, this is a short-term bearish move. Unless the market stayed below this red line, then the market would not go to the lower distribution. Okay, and um, you know, and that's another thing.

Look at. this is a short-term bearish. Trend What What happens when the market surpasses Boner Rip right? Because you're taking out all of the volume from here, down, down, down, down down to here. and that's their average ownership price.

Take them out. Squeeze them. Same concept here, right? This is a volume weighted average price of a bullish move. Most long Traders volume is concentrated here.

Take them out. Flush them down. Everyone who's been bearish from here, down on this day, their average share price is here. Take them out.

Flush them up all right. Which it's not that easy. but in terms of explaining, it's pretty easy because I Do it every single day. Okay, so think about it right here.

We take out this: V Web Bearish trend is below the yellow. We stick to the trend Until It Breaks or until we reach many times the lower distribution of the previous buyers. Okay, now let's continue over. same concept here.

slightly different Market Condition: We get a gap down. We're below the volume weighted average price of the most recent buyers. All right. So their average price is here, but we don't flush them right away.

Why? Because the trend is up here. So if we're going to stay bearish, it's common we would want to enter off this level, right? So Market squeezes up to the short-term bearish Trend short-term bearish Trend Traders Come in and push it down right now once the market finally gains acceptance below. and you know I'm just going to draw like a couple trend lines here. Whatever arrows right? once the market finally gains acceptance below the volume weighted average price here, and I'm going to delete this off because I don't need it anymore, this this right here.

Okay, so once the market respects our short-term breakdown level and then we get acceptance below the volume weighted average price, and then I'm going to add another level here I Want real quick? I'm going to add the 50 SMA level. So let's do ah one second. Alt J Right about? Yeah, it's pretty much yeah. it could get a little a little closer, but it's okay.

All right, So let's reread this: Keep Watch Descending triangle breakdown of 50 SMA low of day. If Market flushes, look for 401 470 and then at 324 watching bounce at 400 for now. Why so Uh Oh Wrong Over here. Do this.

All right. Perfect. Okay, so this is it, right? So that blue line? That's the price of the 50 SMA Okay, so this blue line is the price of the 50 SMA So as the text reads, keep watch descending triangle breakdown of the 50 SMA right? So this is your descending triangle. The bottom.

That flat bottom. Where is it being created right? So like, look it, Watch this. So this was, uh, this was the where it's at. Now you see where I'm right on the low a day there.

One second. damn it. I Mean there's only so much I can do perfectly working a computer screen and it's not one of them apparently. All right.

So where is the low of day there to start right there? Where's the 50 SMA right there? 50 SMA support. Okay, next load day, where is it the previous low a day? but also again the 50 SMA support. So a lot of Traders would go. Oh I buy off Demand right? So once they see this big explosive move and then it comes down here, they're gonna go.

Oh, this is Sport So they buy because they're looking at Price action horizontally whereas I knew from the get-go that this was most likely going to be the support because that's the 50 SMA And then when we come back down again and test and it's a double bottom, it makes sense. Again, we're just kind of testing the recent demand, which was again created because of the 50 SMA. And then you come down and you test it for the SMA and you know and then eventually you break the 50. SMA So again, look for descending travel flush 50 SMA low of day.

If Market flushes, look for 401 470. All right. So what's happened? We had a short-term bearish sell signal. This is the previous Buy Signal average volume.

so this is where all the buyers have their average share price. This is the low risk entry for the new short-term Trend Going down this blue line is a 50 SMA which is basically the moving average support in which dictates Um, you know more selling to take place in the market if we break below so you could go to your screen and draw a descending triangle pattern when you see it. But it would also be beneficial to know why the bottom of the triangle is taking place right so the bottom of your triangle your support is being created because of the 50. SMA.

All right. So later in the day you'll see that the 50 SMA creeps up to about there. All right. So um, essentially what happens for the full day short into here we have our cell entry.

We then break down the volume weighted average price of the previous Buy Signal Now putting long Traders underwater. We then kind of do this choppy dance around thing that I'm not going to get into, but I could show you trades in there too if you want to but don't have enough time for that. and then you can kind of see we start making lower highs down while creating a flat bottom. So descending time.

Okay, um, and once we take out the 50 SMA that's kind of a lot of times dictate new selling pressure in the market or additional selling pressure in the market. So where was the price target of that? move down again? uh, 401 to 470. Now why was it that I was looking for like 400, 401, 470 Because remember I'm looking at the lower distribution. So remember I said I would talk to you guys about the lower distribution.

Show you the both examples. Remember like on uh, this one here we take out the V web. We flush this trend right? So this trend. this is a bullish.

Trend this is their average share price. Break them down, flush them to their Max Payne Okay, right here this is a new uptrend starting. This is the volume weighted average price of that new uptrend star. Okay, once we take out the volume weighted average of that price, what do we do? and we break the 50.

In this case, what do we do? We flush them to their lower distribution and then later in the day I am talking about um, watching for watching for the bounce at 400 Now Okay, so why are we watching for the bounce at 400? Well, for one, the lower distribution is there. So for the same reason that the market bounced here would basically the same reason it kind of bounced there all right now simultaneously. Remember: like I said earlier, this was a Buy Signal We had a false sell signal here. So I'm still considering this trend to be valid.

Therefore, where would the volume weighted average price support be of that previous previous Buy Signal So again, we're saying that this buy signal in this trend is still valid because this was really a false sell signal day. So we're still keeping track of this while also keeping track of the new Buy Signal that occurred right there. Okay, so with that being said, we may have taken out the average price of this most recent Buy Signal but we haven't taken out the average price of the previous Buy Signal which we're still suggesting is valid, which would then constitute support at what price? 400 410? We got the 440 but pretty close there. Um, so we know that again, that would be the concept for bounce at 400.

Okay, so that's pretty much the context of what's been going on past couple days. Reasons why Everything that I could kind of come up with for you? um, you know, and so on, so forth and again. remember, you know at the same time we watch statistics so check this out. So this is the Um one second.

this is. well, if my computer ever Works it'd be fantastic. All right. So here we go.

So this is also the NASDAQ Earlier I showed you a chart of the spy with Statistics This is this is the statistics level on the NASDAQ So where is the pre-market low statistics level figures? Not surprised, right? So that's a breakdown of the statistics level. All right, there's your retrace to the statistics level. so remember how early I said whenever the statistics level breakdown very common to see a retrace to them. and then that's going to be.

You know that's the dictating factor of continuation down. not so much, blah blah blah blah. So you know when you're looking at this chart here. All right, you know you can basically see where these tops are at.

So look at these tops being put in on the Spy right? So the same time that's at that's occurring, look at what's happening on the NASDAQ right? So the NASDAQ is fighting to break its statistical probability resistance that it just broke down right? So though you can't see it on this trading view chart because I don't have a program in there and then though you may not see it on the Spy chart. So if you look at right so the spine, you would say like oh, there's no statistical resistance here Like that's true. but there is when it comes to um, the NASDAQ right so you may not see it on the spot. Where the hell of that trial? There we go? This one, Uh, no, this one.

So though you don't see resistance, uh, you know here. and maybe there's another way you're finding it and seeing there's a bajillion ways, right? I Know that there is right because I'm looking at the NASDAQ too. So though I don't have it on the Spy I can see why the market you know snapped here too, and and why we're kind of finding some resistance here. There's a statistical reason for it.

Okay, so though you don't see it here, it's there. Okay, yeah, no one ever said trading was easy. Again, people say keep it simple I think it's pretty straightforward for me to a degree. maybe not.

Okay, So um, all that being said, right? let's kind of do a walk through. So where is our gap down? FIB Target 40106 Where is our lower distribution price? Um, located uh, 450 to 400? Where was our simple moving average support at 402.19 that got taken out? Where was our previous Buy Signal volume concentrated where they would probably start to stop out? This yellow line. Where would their Max pane be This green line? Where is the low risk entry for the new short-term bearish? Trend that just started from last Friday's kind of session right there At 404.86 that might be the most Masterpiece video I've done ever. So hope you guys enjoy it.

Uh, I'm censored on YouTube So this isn't really for the the public because uh, they won't present it to much of the public. so this is really just for the OG followers that always follow me. and I appreciate you guys and I and I thank you for the support. Um and you know I'm just happy to be Nerdy with this stuff so everybody take care have a great day! I'll update you on what I think the Market's going to do tomorrow but but pretty much I can already tell you like back up the 402 80 would be a short level.

So like for right now and again we got a lot of data coming out. But but basically, like you know, um I'm expecting that it would be very common to see the market you know, even back to the 402 60s and there's another level that I'm watching prior to that. but I'm not going to get into it, but pretty much just kind of keeping tabs on that that bearish trend for right now. Um, until we get new signals and things like that.

All right guys, Take Care, have a great day and hope you like it. Let me know what you think in the comments and if you have questions, let me know and then I'll try to get that into the next video. but if you don't comment your questions then I don't know if I'm being clear enough. So do make sure you do that if you have questions or any concerns, things like that or if you just want to tell me that you love me and I'll tell you I love you too.

All right bye.