 Good afternoon everyone and welcome. This is Melissa Arma with the stocks. Why should I'm here today to review the spy? I have not done a market video in quite a while. I've been busy with other things and other projects and it's time to take a look at the market. Today is Tuesday, May 17th. Tomorrow there is going to be a Fed announcement. I think it's the minutes that are out tomorrow on May 18th. That's going to do something with this market. We've been trading in a range here ever since this was the day back here, the 28th. Let's just count the days. One, two, three, thirteen, fourteen, fourteen days. So for two weeks. For two weeks we've been trading in this range down, up, down again. And it's been very hard to say where we're going to go exactly next in here. Why? Because we did pull into support. We had a beautiful rally here. This was up into May 10. But then we failed to follow through. There was a gap down the day right after the rally and that didn't help matters here. So then what happened is the market came in, came into another level of support. We held yesterday, held beautifully yesterday, gapped up yesterday, rallied held. But then we gapped down not that big, but small enough today that we couldn't get going higher. So here we are again Tuesday, May 17th, trading back and forth in this range. We're not really falling lower into this area and we didn't get higher over this area here. The previous high was up here about two, two, ten, ninety, two, two, eleven. So it's worth taking a look at this now to see are we still going to make a new high? It was a prediction that I've been making for quite some time. Again, when is it going to happen? We were very close to doing it back in here. Do I still think we do it? Yes. Why? The market is still holding the uptrend. If you look at the bounce that we had from the early drop-off this year, it was February 11th. We're nowhere near, nowhere near the low down here of one-anyone. I mean, not even close. All we've done in the last two weeks has failed to make the new high, but we're trading in a tight range. This is about a four or five dollar range for the market. This is not a big deal. It's a tight range, but we haven't broken out of the range yet. So until we break out of the range, we're not going to make the new high. And there's a possibility we could fall more. Where would the drop-in be into this area of support in here? We realistically could come down to two-one-two-hundred. It would be another buy point though in the market. I'm talking about the spy. I think this would be a very deep pull-in though for the market to happen after the narrow range we've had in here for two weeks. So I'm interesting to see. I think something significant could happen with the market tomorrow on the 18th. And so with the minutes, I think something could happen like a move and it'll be really interesting to see what that is. And we'll have to watch. Tomorrow after the close, I will do a video and we'll take a look at it. Again, the overall role in trading is that you train with the trend until the trend changes. The trend in the market is higher. Despite the fact that we have it made a new high, which I think is worth noting, because a lot of people don't follow me and I predicted the new high to happen, but I didn't say when it would happen. It's very hard to predict timing for longer-term moves. Very easy to predict timing for short-term moves. That's why I prefer to day trade and make money in the amount of minutes, and I can easily predict where the stock's going to go in minutes. Do I still think you make a new high this calendar year? Yes. Do I know exactly the date that's going to happen? No. No one does. It's an unknown. But the market's holding the uptrend. We're not falling. Remember, I'm mostly short. I'm a day trader that perverses short over everything else. If I thought the market was generally weak, I would be shorting way more stocks than I am in today and overnight. I would be short the market overnight, which I'm not. I'm actually long the spine and option trade. I also would be marketing the heck out of shorting for my business, teaching people how to short. Now, I do teach people how to short for my business, but I'm not telling people, oh, short, short, short because of the market. I'm telling people shorting is a great way to make money because the sell-off stocks, when they drop and gap down happens fast in gaps that rank per my 26-point system. And you just get red sell-off moves much quicker and easier to make money than in loss. But I'm not marketing anything that way because I genuinely believe with all the knowledge that I have and reading all the gaps that have happened in the market that the market is not lower, is holding the uptrend, and is still going to make a new high this year. But until it does it, it hasn't does it. And until then, it's buying opportunities for people who want to go long. And people that are short, I think, are still going to get, you know, rolled over. So I guess we'll have to see exactly when that comes. Again, tomorrow is a day to watch. I'll do a video after that. Email me at Melissa at the stockswush.com. If you want more information on the Golden Gap course, have a great day, everyone.