 Hey everybody, Hari Swaminathan from optiontiger.com. We are looking at Tuesday's price action in the SMP that is July 23rd and the future started up about eight of nine points but as soon as the market opened you can see that there was a breakdown in the SMP. However, if you see the ticks, the ticks remained above zero and some of it could be the pre-market pent up demand but this is too long for that and just briefly it dips below the zero line. The custom RSI of course will go below because the custom RSI is purely a price action indicator and it was telling you to be bearish. However, as we know the ticks are above zero and of course the futures also started above zero and so there was no bearish trade at all and even coming here you can see now the ticks are going above zero. However, you can see the RSI is still not in the bullish zone and it never really gets there just briefly touches it over here. So, there's no trade and you can see that in the first one, one and a half hours now you're getting all this data coming in and even though there's some sluggishness in the price action the tick action clearly telling you that you got to be ready for a bullish trade and then once you see these two or three things increasing over here and finally when it goes into the bullish zone you know on this bar right there it jumps into the bullish zone that's when you could have probably taken a trade maybe a bit early but regardless you want to see some but the ticks are persistently moving higher granted there is one red dot every now and then but regardless it's moving higher as you can see the graph is moving higher and sure enough then something happened over here we just push the markets over completely and from then on you can see that the RSI really doesn't come into the bearish zone until the very close even at close it still remains in the bullish zone so this somewhere here if you are taking a trade this could have gone on for quite a while you know you can see a lot of persistence here there is of course some red dots in between but like I said you want to see the overall trend you want to see the custom RSI remain in the bullish zone and as long as the ticks are much higher than zero and it's a doesn't show signs of degradation you know you can stay in the trade so if you had gotten into the trade somewhere somewhere here I would say which was a level of 2994 you could have probably ridden it at least till here granted once you see these two or three red dots you might have got out but that's a that's a nine point increase there which is a clear $1500 profit on the SPX and that was the only trade for the day because after that you know although you know if you wanted to get in somewhere here you could have but then you wouldn't have got out at all if that was the case so I think one trade of about nine to ten points on the SMP and on a five contract 35 delta position that would work out to about $1500 so this would be the great trade for for July 23rd which was the Tuesday the SPX ticks as well as the custom RSI are custom indicators and algos if you have any questions you can go to this bit.ly link bit.ly slash SPX Albo and you can find more information on how to get these indicators thank you