 Good afternoon everyone and welcome. This is Melissa Arman with a stocks wash and I'm here to review the spy and the reason I'm reviewing the spy is because we we've got down the last two days and I mean no one is more surprised than me. Why? Because it doesn't make any sense in the overall picture knowing that the market's higher. That being said we did hold today. We did hold yesterday but the gap downs aren't good. We have to gap up tomorrow. In the pre-market or the post-market tonight we're actually we're actually up because we didn't we closed at 2 o'clock. We're gapping up 35 cents but we need to gap up a lot more than that tomorrow morning. I mean we need to gap up tomorrow morning. We need to get near the high of today to get up tomorrow morning to to run and if we do the target is is good. It's big it's a big target but you know without it without a decent size gap up tomorrow the market's gonna struggle for another day. Every time we've got down today and yesterday and even four days ago this Friday we're not selling off heart so the good thing is for the bulls that we're not having hard sell-offs the sell-offs aren't following through on the day. That's the positive thing. The negative thing is that the market is gapping down in the pre-market into the open. That is creating panic. The panic isn't falling through on the live day. The market's being supported with buying on the live day to hold the gap downs from breaking but we're not going higher. It's like we're in this weird situation where we're not going higher and yet we're not going lower so we have to get out of this congestion. You see it here this is I call this congestion. It's congestion. If we go back to the beginning of April and this is you know I mean this is a month ago now today is May 4th. We had beautiful buying bars in here solid greens. You see this in here. It's now on the 50 period moving average which is a big buy point for all stocks and ETFs and including the spot but we got we got a we got to get going here. I mean we have to get our butts moving higher stronger more. So I don't know where we open tomorrow because Tesla earnings tonight were good which I knew would be. This is gonna get up to more morning which I knew. I think this opens higher than where we're at right now here. Well look at this. We were at 243 in the post market at one point. We're still gapping up. I mean this is still a beautiful $7 plus gap up in Tesla and I think it looks better in the morning but this should run bullishly tomorrow into the morning into the open and help the market. But let's just look at the cues. We're gapping up in the QQQs tonight too. But the overall bottom line is oh gosh do you see this here? We didn't break. I mean it's a sign of strength but we got to get going. You know what I'm saying? I mean look at this 104.79 and 104.88. It's like it's like by the hair we're skinny chin chin that we're holding but what we are. We need to gap up and it's gonna happen tomorrow. What's tomorrow Thursday? We've got a couple of e-commerce reports in the morning and it just has to do with its own momentum. It doesn't even need a reason. Buying has to come in tonight tomorrow in the morning. We are getting the buying tonight in the post market. You can see the rally here. This is the move up but honestly got to see follow through tomorrow. We if we don't see follow through tomorrow that's it. We must hold this area in the market. I believe that we do. It's a big buy point for the spy but the market is very challenging for people because it's in an area of congestion as I pointed out back from the beginning of April that had buying the buyers in here must support the price by buying more. We're not getting hard sell offs but we must see more buying coming in to support us. If we don't have more buying we won't go higher. Okay. It's almost like a neutral position that's stuck. We got it. We got to move out of it. So we're not breaking but we're not moving higher. Does this make sense? So we got to move higher and we need to gap up to do it. Gaps are very powerful. Gaps are signs. Signs of strength or weakness in stocks or ETFs and it will be a big sign for the market to get up tomorrow. In an ideal world the spy gaps up tomorrow over 206 over 206 a big gap up. I really want to see that tomorrow and could we do it? Absolutely. Yes. I thought we do it today. We didn't when we gap down today. I thought we were going to fall like a brick. We didn't. Why? Because the market doesn't really want to sell off. It really wants to go higher but it's not ready to do it but it's got to do it soon because we can't say suck forever. It's the one nice thing about stocks. It's one nice thing about the market. It has to move. Okay. It can't not move. So it's got to move and we'll see what happens. It we look good for a gap up tomorrow. It's just the size of the gap up and out the bigger the better and that's the point I'm trying to make. So we'll see what happens here with the market. Email me at melissathestoxswitch.com if you want more information on the overall way that I train. The way that I read gaps. Okay. This is how I'm figuring this stuff out. I wouldn't have shorted this gap this morning. It didn't have to fall through lower but you couldn't buy it either but I can tell you right now you can buy a gap up tomorrow if it's over 206. You can buy it and let it rally and this is just we got to get through this and the best way to do it is a big gap up. I really want to roll out a bed tomorrow morning at five AM. Look at the market and see a massive dollar gap up and you know a dollar isn't massive but it would be for the spy at this point. Have a great night everyone. Email me at melissathestoxswitch.com if you want more information on the Golden Gap class. Have a great night everyone.