 Hello there everyone and welcome. This is Melissa Armo with the stock swishing and reviewing the SPY. This is the S&P ETF the spy and I like looking at this because it really gives an Indication of where the market's going. We haven't made new highs yet this year But institutional buying is coming in now into the market and moving it up So this was a long today and it worked and and it really had a smooth rally once it dropped off At the lowest it was a steady steady steady rally pretty much from the low one here, which was set I think it was 1030 1045 and Rallyed really into the close. So market is holding strong gapped up today Not a big gap up but enough enough that it held okay, and I thought it's funny because I thought the cues were gonna hold today. I Mean they did hold but I thought they would hold better than this Anyways, this was a nice long today if you did it it had a move It wasn't quite a dollar almost tried tried to get over 286 couldn't do it But one of the reasons I'm gonna look at this here is just because this is a great example of everything that I do I'm always looking for gaps. I'm always looking for institutional moves Whether it's institutional buying or selling that is really the only way to consistently make money day trading in the market Or or doing swing trading option trading anything you have to look for what is being bought and sold by Institutions and I see that technically technically in the chart in the price action in the gap And it's something that I'm very good at doing now for those of you that don't know what institutional money is I'm gonna read you this definition. I just clipped it off a Wikipedia an Institutional investor is an entity which pulls money to purchase securities real estate property and other investment assets originate loans Institutional investors include banks insurance companies pensions hedge funds real estate Trusts, okay, and investment advisors endowments and mutual funds So basically when you are looking for a position in a stock or the market You you do not want to be against this. Okay, like for example If you were long, I'm gonna go all the way back here Just give you the example because it's really gonna show you if you went long in here Okay, this is a 50-period moving average that green line if you went long in here around this period, okay early February On the moving average here into support. This was support. It was support or even the day before This is the blue lines of 20-period moving average You you got clobbered. Okay Market fell and sold off hard and We struggled for the better part of eight months of this calendar year All right getting into the beginning here of September in a couple of weeks We pretty much dropped off for eight solid months here struggling to move higher Institutions we're not buying the market back up again So that's why we've been in this range and stuck in this range again for most of the year But institutional money is coming in now and buying the market up again. All right It doesn't mean we're never gonna have a red day again It doesn't mean we're never gonna gap down again either It doesn't mean there aren't gonna be some days where you could day trade the market short but what I'm saying is if you want to be consistent with your Trained decisions for going long or short if you're looking at Institutional moves you have a higher odds of profit. That is what I do when I see it technically in the gap Okay, so it's very very important when you are looking to trade to go with this money because if you go with it It's so easy to make money and if you're against it You're gonna struggle to win if you'd like more information on what I do and want to learn how to read Institutional moves and read institutional money. You can take my golden gap course. That is where you will learn it how to see it It's a skill set and it's in the charts. It's not based on fundamentals Although there are very often fundamental reasons for why things occur Why why these institutions are taking positions on or off? But it's really in the charts and I see it in the gap so you don't have to read the other stuff My next class is August 25th and 26th if you'd like more information email me at Melissa at the stocks Wish com have a great day everyone