 was show and I'm reviewing the market today. Why? Because it's the only thing a normal person could do. It needs to be reviewed so I guess I'm gonna do it here with the room. Just figure out. So we had this day here which as I did and talked about in the previous videos and the emails. It was an anomaly. A strange occurrence that happens that is unexpected and can't be predicted. But what can be predicted? When something happens in the live day after it happens then you can predict what it's gonna do. When I rated the gap it didn't rate as a good short and it wasn't a short and it didn't play out as a short and it rallied big time. It actually swished and reversed. So you did nothing. This was nothing to do then. I was surprised we fell this hard on this day but everybody panicked then after this and that's this is the panic coming in on a gap up. But it didn't go anywhere. Why? We gapped up then the next day in hell. Then we gapped up this day in definitely hell. Then we got down went nowhere and yesterday I said neutral. We really didn't go anywhere yesterday at all. But when I had this morning I looked at this I thought all right we're definitely in a placement where I didn't expect us to gap down today. Now I'm not saying it's a big gap down. In my world this isn't but I knew it wasn't a short but I really wasn't expecting us to gap down this much. Like if we had gap down today I didn't think we would this much. I didn't know if we'd gap down or gap up today. I actually thought we'd be neutral and try to hold, try to hold, try to hold. We're trying to hold in a gap down. We are so far today in the first 30 minutes but I don't know where we go with it. Let's just find the numbers here of everything and here's what we're trying to hold. We are trying to hold and support. So we did gap down. We gapped down to this area of support today and we're trying to hold it. Now I don't know if we do and I'm not saying if we don't that we're gonna fall off a planet because we're still higher. In the overall picture we still are but I will tell you that there's a lot of people that are very confused that are stressed out that I've lost money in the last week and a half and don't know what to do about it and you know you gotta have conviction the market's higher rather than panicking. I still still I'm saying we're higher. Now let me just look and see here exactly. We want we did not get up to 200. So I think until we get above 200 in the spy I'm talking about here we're not gonna take off like a rocket and I don't know how that happens. In other words we may have to gap up over it. It's most likely we gap up over it but we could train up over it and through it and above it but it's better if we gap up over it. I don't know if we will. It's most likely that we will but we could trade on up above it but I don't know how we get there from here. That's the problem and Coco Loco was asking something about something. He's like well when are we done with the choppiness? We're not done with the choppiness. I wasn't sure if we would be done by Friday. I thought we would be but we're not. It's clear today that we're not. Yesterday was just a Monday. Today is though a Tuesday Tuesday Wednesday Thursday Friday and Monday is a holiday. We're not gonna get out of this choppiness until September and it is September 1st but until after the holiday. So I don't know if it's next week. I don't know if it's the following week but we're not gonna get out of it before Labor Day because too many people leaving on vacation. There is a lot of low volume in the market today. This is just not enough people at all. Nobody cares and maybe everyone is just saying the same thing as me. Wait. Wait. Be a picky poo. Do nothing unless it's perfect. Pull yourself off the ledge. These are the kinds of days that traders insist on trading and lose money because to be honest with you I didn't call the market long today but it's not as short either. There's no playing here in the market and to be honest with you that's the problem until the market situates itself and people have conviction again the market's higher they're gonna get scared every morning when they get up and see the market gapping down because what happened last week. They're gonna be scared if they see any red at all whether it's in a day of trading red or a gap down and people will sell. Regular people but institutions aren't selling here so that's what you have and I don't know how we close today. I mean this is actually so unusual that we're even doing this. I don't even know where we close today. We could drop break the low which is around 193 fall and fall all day all the way down to 190 and have a big red day. We could hold at the low of the day here, hold flip, rally all the way back up to the high. I mean that is how choppy and unpredictable this is acting intraday. In the longer term picture we're still higher at this point. At this point okay we're still higher at this point. I'm not ruling out that we could break. I'm not gonna rule that out but I don't think it's gonna happen. Wow did you see that invisible tech? Did everybody just see that invisible tech? Yeah Muse, I already called me like an hour ago. I mean you should already be in the Mio if you're in it. Wow did everyone just see that invisible tech though? It was a spike up. If you wanted to do anything today the thing to do was the Mio which I kind of figured. I mean it's just I just we're still higher but it looks very sloppy. That's all I can say. That's all I can say. I don't there's nothing else I can say but that. Here look we're trying to break the low of the day right in here. Let's let's just watch this right now live and see if we hold it or not. The only way we hold is buying and I'm not sure the buying is gonna come in in this here today. Why? Because we did gap down. We did gap down and we rallied in the open and went over the high a couple times but it wasn't aggressive and that's why I didn't end up calling it long. I saw the training on the day but I didn't want to call it long. I just here we're gonna break the low this week. I mean in the bigger picture we're still higher but this week Tuesday Wednesday Thursday Friday it's gonna be chop city USA and we're not doing anything unless it's absolutely perfect. It's almost got to be beyond perfect. It's almost like I get up in the morning now and think we should do NCOFs and nothing else until the market has situated itself and I'm not saying we won't get this week because quite frankly we could. The one I talked about for tomorrow morning we absolutely could. There's another one this week we absolutely could. I'm not gonna say it because I don't want to jinxed us. Wait we didn't break the low yet. Hold on. We did not. This is like it's a tug of war. That's the best way I could describe this. It's a tug of war right now. Should we buy? Should we sell? Should we buy? Should we sell? Buy or sellers? Buy or sellers? Short it. This is what's going on right now. You've got a little bit of everything and then some but at the end of the day who's in charge? Who's in charge of the market? The people that are setting the tone of what is happening in the overall trend and that's the bulls and that has not changed despite the massive gap down that happened last week the weird weird anomaly of a gap down that rated poorly but as we discussed last week the open of that gap down the poorly rated gap down that opened and swished and reversed itself is a sign and confirmation that in fact there is one person in charge in this chart and it is the bulls and they are in charge because that would never never have happened. Never anywhere in the planet could anything happen and occur like that and I've actually never seen anything like it. Not the gap down per se. That's not what I'm talking about. I'm talking about the fact that the ETF in the markets both in the cues and the spies which didn't have to do it but it happened in both the ETFs and the spy in the QQQs actually opened and swushed and the swush was reversed and did not follow through. I have never seen that in the markets. I've never seen a swush in the markets period let alone one that failed and I'm telling you right now or I shouldn't say failed it never set up it just reversed but I'm telling you that was a sign. It's a sign of who is in charge in the building okay and it is the bulls and that sign is telling me the markets higher along with everything else which is the gaps and also I really think that's going to be in the low. I think that's going to be the low of the market for a long time and it could have been this area up here which is holding for a while here but the problem is that we didn't have enough momentum underway to lift off and when that didn't happen and a series of gap downs took place we broke it. We broke this here. We broke it. This could have held for a long time. It's trying to make a new area in here now. It's going to be basically around this 200 level because that's where we have to get up above again to take off and I just don't think it's going to happen before Labor Day. So very choppy market here for everybody. This is Melissa Arma with the Stock Swoosh. If you have any questions email me at Melissa at thestockswoosh.com. Have a great day everyone.