Good morning, ladies and gentlemen, everybody welcome back to your pre-market, live stream, appreciate you guys tuning in as always, so we do have quite a few things we're going to cover today. Um, you know, there's some good volatility here and there in the markets so definitely got a couple things to talk about uh. We will touch on amc. We will touch on the penny stocks this morning.

We will touch on the market spce pretty much whatever you guys want to talk about, we'll give you the price targets for it and we'll keep moving forward. So we'll wait a couple more minutes here we're going to let the stream populate before we have to repeat ourselves all right. So the first thing that we will start with is going to be the entire stockift market, all right so yesterday, and actually maybe we'll start there. Let me pull something else up here so last night.

Let me pull this up so last night we have posted this video dip, buy all right stock markets selling off to this price, all right, so we're gon na pop this video open here really quickly and we're just gon na fast forward. Here, what's going to the mainstream cool cool cool, so this video was posted last night sunday, and this is where we suggested the market was gon na go to so last night sunday we posted a video suggesting that you're going to see the entire market or the Nasdaq continue selling off you're going to see prices of this green zone. That green zone was priced from 350 350. to 350 250, but i think it was actually 352.37 at the time, but anyways it's about 350, 250 to 350 350..

That was a suggestion where the markets were going to continue to through the night and into this morning, and then that would be your first location, where you'd even try to consider catching the bottom of this market. So if you're someone who's into trying to find the absolute lowest possible price, that markets try to reverse that, to create a bottom, then that green zone is going to be the location that you would want to do that at and it's possible that that green zone And those two prices that we gave in the video last night that we're also going to touch on here in just a second could give out. But when it's a first attempt coming into normally they bounce. Now, that's not to say they can't come back down later.

In the day and break or the following day and break but again when they first come into the levels they normally like to bounce all right. So let's take this video down. Let's go back and take a look at where the market is this morning. If you look at where the market is this morning, it one second, let me delete this one.

This is the green zone. It's not green right now, but this, if i put it back on the chart, this would be the green zone. Okay. So this is where the market is now today sold off.

Like i said into that green zone, the starting points of the green zone again were three. Fifty three. Fifty we bounced at three fifty three, forty seven, so three pennies off from last night. I'm sorry now uh you can see the market is bouncing so far it's holding well.

If we bring up the volume and we uh we zoom in on the volume, you will see that um there's been obviously buying volume in this area. Let me redo this because the chart's getting kind of stupid, because i've zoomed in and out so many times all right. So if we zoom down in here and we pull up the volume, you will see that as soon as the markets. Let me bring this down a little bit and then we'll zoom in a little bit more, so you will see that as the markets got into the 353 price, the volume completely shifted.

The buying volume you can see. The ultimate volume system went from like some selling straight to buying volume and that's all started as soon as the markets have gotten down to that green zone. So again, is it by accident or coincidence. I mean maybe it's coincidence that as the markets get to 350 350, you see a instant shift from selling to buying.

Maybe it's coincidence i don't know, but anyways markets are starting to try and bounce um, so again we're pretty much long, biased to market. Today, as long as we're over the green box and not breaking through it, we're going to kind of watch things more on the dip by and more on the long side today, all right, um, nice sono. Thank you very much. I appreciate that appreciate that hello, hello.

Let's flip a coin, and we shall see: let's no flip, no coins alrighty. So that's pretty much the market. The market is retraced down into some support levels. Now let me give you the further analysis so that, in the event we do break down.

What could then happen? So here's the deal if we were to actually break the mean you can see a continued sell-off. This is a very, very important level that we're at right now, ladies and gentlemen, this is not to be. You know, i guess you could say gone over lightly, so we're at the regression level pretty much. This is a very key level.

This is where stocks can have significant breakdowns. If you're coming up, they can have significant breakouts, and i can show you a couple examples. As well so in the event that the markets don't hold support here fully, meaning they just do a counter trend, bounce and then sell through you really don't have support until like down, and when i say support, i mean this is a half deviation like you. Don't really have anything all the way down until prices of 342 to uh 340., but again, it's kind of hard to suggest the markets will go to that price because we haven't even gone through the mean we have not regressed through the statistical mean.

So you can't really suggest a price target like that until we've crossed a support level that would allow the market to go to that price. So, for the time being, you still kind of have to watch the markets long bias, because you're at the mean, but if we're shifting through this green box, that's where a significant downtrend can continue to happen, and i guess maybe an example i can give you guys. Would be trying to think of something that did this recently um? I don't know if i can, i can think of any that actually did this recently recently and i i really can't off the top of my head, but um just know that when things shift through the mean, that's where big moves can happen, okay, um indicators, ttm Squeeze uh volume, custom volume, scanner, custom volume, trend, custom gap, scanner, custom, moving average things so couple things all right, all righty. So with that being said, let's move on over to aehr.

Ladies and gentlemen, all right so aehr is a candidate today that probably gon na watch on the long side, but it is overbought but there's something in my gut. That tells me that this thing can have a bigger move than what we're seeing so far. So you know as well as i do for those that follow the channel religiously. We never really try to be long biased when the stock goes over three deviations, which is the blue or just becomes a little bit more high risk, so to speak.

You can see we're through the blue. We held over the blue really well we're at purple. Purple means we're at plus four but anyways. You can see right now that the price of aehr is basically at this previous high from 455 and we're actually through it.

So this might be a situation where we get a breakout of this high from quite some time and continue to run today. The stock is easy to borrow on a couple platforms which could suggest that it makes it easier to give it a short squeeze. So nonetheless, we are going to be following aehr slightly on the long side. Right now.

It's overbought on the intraday, it's overbought on the long tar, uh long term. So it's kind of kind of sketchy in that regard, but anyways we're gon na be watching aehr long bias. It's really hard for me to give a crazy analysis on this, because it's already overbought. So i guess really.

What i would be suggesting is that if the market stays above 463 in the immediate, then there's a chance, you can see this thing pop off again. If we start to snap below the 463 price, then that's where you would probably look for the price to maybe even revert back down to um three deviations which would be to here so in the event that this top fails and we end up rolling down. I would imagine the price target can be back down to 420s right now: hmm, okay, interesting a long time, jay long time, um, okay, we'll take a look here at what was that nxrp yeah. That was a candidate today that um or nrxp.

Oh, that sucks um yeah well pretty much. This is reverted down to so this morning, um when we were looking at it in our premium room i had suggested here. I'm like you know what. If this rolls and breaks down here, we're gon na see a target of this red line, so, in other words, this red line with the green arrow.

That was the price target we suggested on the downside for a short if the market had broken down here. We first squeezed out short sellers and then the market rolled down, but still we come all the way back down to the price target. So, for the time being, i do believe that the long move is kind of done for now and look at the volume look at the volume what's happening to the volume we went from red and now we're starting to go green. You can see that right.

If i uh, if i zoom in a little bit - okay, not that i'm saying it's going to hold there, but you can see we've gone to this level that i suggested to be a price target and you can see. There's some people trying to buy that and the reason being is: if we look at the long-term chart and we zoom in look, it's right. Look what's right here this this dotted line. You see that dotted trend line, that's a half deviation price, so the market effectively pulled back to a half deviation, so the best way to explain this is from this line from this uh from this solid orange line.

To that solid white line, let's just say, is not: let's say it is so again from so let me do it like this, so this from that white line. All the way up to this white line. Okay, would be excuse me that would be uh where's. My text this would be 0.5 or sorry that would be one dva okay, so the move would be one deviation and then the halfway mark.

Well, that's actually kind of incorrect to do it. That way would be like um. It doesn't even matter i'll, just whatever this is 0.5, so this is uh. That's the halfway mark.

That's a 0.5 deviation, which is the half way marked from the orange to the solid white, okay. So again, 0.5 deviations! That's the halfway marker between the solid orange down. Here and the solid white up there, so the way that you kind of think about this is all right, uh and actually there's another time frame. I could have showed you if we go to the daily chart.

You can see that we have this one here but anyways. I might just be confusing you guys so anyways when the market moved all the way up to here and hit resistance again, that's like the 50 retracement pullback right so for people that do like fibonacci and they're like oh, you know if the market goes up to Here, look at where the 50 mark's at right. Look at that ready like so when people like conor. Do you use fibonacci? It's like i do, but i don't.

I don't actually map out fibonaccis anymore to try to figure out where 50 retracements and things are going to be at because the system i use already kind of has it baked in to a degree. You know so again, as i was explaining you know from this green arrow to this is, is just calculated as one and then in between would be 0.5. So when you run a fibonacci, of course, the 50 retracement is going to come in right at about the 0.5 deviation mark to begin with. So that's why we suggested that this downside swing would probably target down to that price, and it wasn't because it was a 50 retracement or anything like that, but it kind of was it's just because that was the halfway marker of the one deviation move that the Stock has performed today so far and again you can still see like people are trying to buy that there, okay uh so anyways.

What does that lead me to believe on nrxp? Is that i'm probably not going to want to be extremely short, biased at this price? Um, so you want to be slightly more long, looking for like a counter trend bounce and then as it bounces back up, then you might consider to go back bearish, but for now pretty much like neutral. I probably won't do anything with nrxp at this point. Okay, uh s2nw, i think, did break uh negative one deviation uh, so, yes, it did, which basically means that, ah, that small swing try to having it i'm pretty much going to take that off. Like i said, i sold most of it up here anyway.

So it's not a big deal. I was just holding some because why not so we've already come all the way down, so this is basically where i'm cutting that now we're back towards a previous support. Sure you could say we're back towards support. The only issue is is that this bounce here with su and w, was off of negative one deviation and that's the first attempt, just like i told you in the stock market.

The first attempt is always the best okay, which is why the saying in the market, the more times a stock, touches a support, the stronger it is the more times the stock hits. A certain price is stronger. The resistance is isn't actually true because, generally speaking, the first attempt is the strongest right like this when the stock went up here when, when s-u-n-w ran all the way up here and found its resistance, that was the biggest correction. Okay right, when s-u-n-w came down to support you know and like no that's, i could be going further than i need, but the concept is is when su and w came down to here it was testing negative one deviations for the first time now.

It's the second time second bounces are not going to be as good as first bounces, so to speak, okay and the reason that's the case is because it just came from here. So if it's going to bounce, it usually is only going to bounce back about 50 of the downtrend right, which will be obviously less than its first move and that's the concept um so anyways su and w yeah. That's not looking good and again, a big part of that reason is because of its larger um. You know larger stocks within that same world.

Uh blnk is just once it got to the price target of the the mean it's just been selling off, and that is where we told most people to get rid of su w and plug. You know we had suggested those were the price targets, so our suggested long targets in the market for plug bl and k um were the means and their sell-off is what's causing su w and a couple of those smaller energy plays to continue trending down as well. Alrighty, so let's take a look at amc right. Let's look like what's going on here because you know just the other day we told you when it was down here.

Your long target was back up to this price. Well, there was a couple things we mentioned, but one of which was your long target was back up pretty much to that top and then you would sell it again because you'd be looking for the trend to continue down, since this was just what we would call A counter trend bounce we figured the counter trend, move would come up to here and that's why you can see. I have those two red lines whenever you see two red lines on my chart next to each other and they create a rectangle. That means that was the price target, all right anytime, you see two lines with rectangles on it in the red that was a price target or a resistance, or a support that we determined for the stock, whether it was a previous day or not.

So you can see right. You look at the price right now on my chart and you don't see any two red lines in a rectangle near the current price which tells you i haven't yet done my analysis on the sock for the day. So let's go figure out where those two red lines are going to be all right, so we're going to go to the daily chart, which actually one of my top was already on one of the time frames. So we're going to redraw all this all right.

So we have the mean okay, so the same the same way, uh last night, how we talked about on the the video i posted the market was going to go down the prices that it went down to so the same way. I projected the price target for the stock market from yesterday. Till today is the same thing that we were doing when we were suggesting that the market was going to come down to this white line on amc. It's really the same thing so right now the mean for amc is priced at 30.86, and this one is at a price of 30.17.

So, oh and then let me give the resistance again hold on one. Second, the resistance on the market is still from that. Previous top, the other day that hasn't changed too much, so the current resistance in the market right now with uh amc, is at 38 78 39, which means you're not going to see a really big long breaking out move until you were to get back through that Top there, the market is down trending. This counter trend, bounce back to the mean, has gotten sold off pretty well, which would lead me to believe that the market is still trying to target down to the mean on the bottom, which we never actually touched.

If you remember, from the other day, we had suggested that the market got close but never actually touched when that happens, it can suck in people and blah blah blah but anyway. So the support for the market right now on amc is 30.93 to 20 yeah. Thirty dollars and twenty cents, so this is uh. Ideally, i really wouldn't be a big, long, biased trader on amc to begin with right now, because it's down trending but again, if i were to try to catch the bottom of this downtrend thinking that it's going to stop and then it's going to reverse and the Prices are going to return back to the upside in this moment in time like today.

The prices that i would even consider to do that at would be at thirty dollars and eighty four cents and thirty dollars and twenty cents does it mean it's going to work? No, but if you were to try to catch the bottom of the market, to reverse it up your best chances of doing so with the lowest risk probability will exist in that price zone today. Okay, so other words pretty much. What's that mean is, i would be targeting the market down to that price? Okay, so i would say: sellers still have control of the market and they're going to try to keep pushing amc down to that price. So bearish until support is met.

If the stock reverses long without touching support, that's fine that clearly just means that there's some buyers in the market that don't care if it even goes to support and if they want to do that, that's fine, but for now it would be bearish down to those Prices so again, robert right you've always been fearful of catching bottoms, and a lot of that problem is due to the fact that this is going to sound, like i'm a dick, but you probably just don't know where the bottoms are actually at right. So, like this analysis, i'm giving you those are the legitimate areas. You would look for bottoms they can fail, but normally when the prices get into true areas where they can actually bottom there's enough participation of institutions. Algorithms, people like me that would put money on the line in that area that can at least cause a small balance to profit off of, and if then, it fails.

Okay, but generally speaking, the levels that i'm providing to you guys are the same levels that a lot of institutions - algorithms and computers are trading around, which means big money. Smart money, big money, big money, moves the market right. So as long as you're. Finding yourselves in those same sort of zones, then you'll be with bigger herds of money that can move the market.

So, even if those levels fail you're generally joining a market with a lot of money that will at least cause some sort of bounce, you could profit off of and then from there you're determining you can determine for yourself whether or not this is going to be A legitimate bottom: will it bounce or not? The problem is trying to catch a bottom in an area that really has no reason to bottom, and then it just gives out and just gets smoked right. That's that's why catching bottoms sucks if you're, really not in a bottomed area, because then it just can keep falling until it actually reaches like the next bottom, so that was kind of the same thing with the nasdaq last night right when we looked at the nasdaq, You know i think it was like somewhere around here and i'm like okay. Well, i wouldn't want to buy it here because, like i don't want to try to buy this bottom or this bottom or this bottom or this bottom or whatever, because i know that support is still all the way down to that green box, meaning we can still Sell all the way down until we get to this green box, and you can see we've sold all the way down to the green box and we're starting to see a little bit of bouncing right. So, even if this bounce fails say this bounce fails, you're still able to get in ride one up and then if it starts to roll over and fail, then okay, you let it go.

But you know that's what i'm saying is you got to put yourselves in areas that are probably meant to have a little bounce, but anyways um doesn't really matter uh d-i-d-i, so i'll give you a quick rundown on the spy really quickly, because it's not the same As the nasdaq but anyways so my price target down on the spy today. So if you guys remember from the if you watch the video from last night, i think someone even commented on the video and was like you know he's like it's funny. You're saying the markets are gon na bottom, but you're only talking about the nasdaq and he's got a very valid point, though. If you're gon na try to project a market bottoming i mean yeah.

You have to look at multiple indexes because you just have to right, but the thing is is generally speaking: whatever index starts to sell down. First, it's usually going to be that one that bottoms and then creates the bounce for all the other indexes. In this sort of market situation, the nasdaq was going to be sort of the first major index that would fall into a relatively decent support system. Therefore, we would watch the nasdaq to be sort of the leader in determining if the markets on other indexes will bounce.

So, ideally, you have three things that are falling from the sky: okay, one two and three number one is gon na hit the ground first and if it bounces it's gon na prevent the other two and three number one number two and three or whatever, from hitting The ground makes sense: three people fall from an airplane. Okay, the first person to put its parachute out is gon na cause, the other two to put its parachute out. So if number one or the first guy's really far down below the other two and then he throws his parachute. The other two are probably gon na make oh time to throw our parachute.

They throw their parachute and then they all start to kind of move in unison. Again that was the concept. So sometimes you don't necessarily have to look at every single market, but you just have to know which market's leading the downturn or which one is going to run into support. First, that can help.

You indicate how the rest of the ones are going to kind of follow once they break support. That's not necessarily it again. So pretty much. Let me just point it this way, so this is what's gon na end up happening i'll, just tell you what's gon na happen, all right, so looking at blnk, uh, blnk and uh plug bl and cam plug so pretty much.

If you want to figure out, what's going to happen with su and w to a degree, you're pretty much just going to watch, blnk and you're going to watch su s-u-n-w and as these two stocks actually hit a decent support, then s-u-n-w is going to bounce. So, in other words, as these continue to sell down, s-u-n-w is going to continue to sell down. I really don't have any support right now. Well, here's the thing we just broke negative one deviation.

So this is how it works. Either the market comes back up and we get back through the negative one deviation we're going to cause a pop which is going to cause smmw to pop, or else let's say we don't and we just continue trending down, i'm not going to be a long, biased Trader on the market of blnk until we hit the negative 2 deviation mark or this mark so pretty much, that's my long zone. So i would expect su and w stays red until we get bl and k and or plug power to start reversing a little bit in my next long zone. That i like is all the way down here, or we bottom and reclaim the price of 32.55, and then we go over to plug power.

Oh plug it. So again, that's that's! What's going to happen with svw, if you look at plug plug is in a downtrend over the last half year. If we look at the so again, we don't really have a support system unplugged down until the prices of 19.37. To oh and look where we're at so again very similar setup, almost the exact same setup on bl and k, plug plug and b only care, basically, the exact same they're right now at the negative one deviation: where is su and w s? U and w is at negative one deviation: the market kind of moves in unison.

So you can see all these energy plays are at about negative one deviation. So unless the biggest names sort of bl and k plug take back negative, one deviation in a bullish manner, then we're just going to be remaining bearish until those prices get down to either negative. Two uh deviation, then we'll look for a bound, so pretty much bearish on all the socks. It's probably what's going to happen thumbs up um but yeah.

I would appreciate of the 363 of you guys that haven't already tickled the like button do so now it does greatly help the channel, or at least i think it does so far. It hasn't really done too much, but i can't tell you that because then you'll never hit it so just hit it and then maybe one day youtube will appreciate what we do here. So that being said, i appreciate you guys um. It is time for me to run so i will see you guys tomorrow morning for the next stream uh other than that everybody take care, have a great day and i'll see you tomorrow morning.