 Good afternoon everyone. This is Melissa with the stockswish.com and welcome. Welcome to a market review. Here's a spy today. I called this market bullish this morning and really thought it was very low odds that the market would fall through. In fact yesterday when I saw the minute announcements come out I thought boy that's really odd. I thought the market was gonna actually rally over the high on the minutes announcement yesterday and when it did and the market had this huge falloff here it was right at three o'clock it started here too and then it fell and broke the low at three o'clock. I thought boy that's strange and then when I woke up this morning and saw the gap I just got a feeling that we were gonna hold today and I read the gap and didn't really believe that we're gonna come in and I need to point out that even if we had it really would have been intraday bearish but long-term still very bullish if we had come in today but we didn't even do it. So a week ago today yeah it was a week ago today. A week ago today I did a webinar and in the webinar I talked about the market falloff that happened on the 13th yeah it was the 13th and I was talking in the webinar that I did live and I said don't believe this market's coming in even though it had a big red bar this day. I don't even know if anybody believes me anymore because I keep talking about how bullish the market is and people continue to want to short this market but it's not a short it's bullish and we are we're gonna get over the highs and when we do whenever that happens and again I do not know the exact timing of that it's 1.30 in the afternoon market will hold the strength today likelihood of a gap up tomorrow and follow through it could happen tomorrow I don't think it's gonna happen today now here because there's only two and a half hours left in the day it could have market certainly strong enough it could but I think more likely we gap up tomorrow and race over the high tomorrow if not we're still setting up to do it sometime soon the next time the market does get over the highs though it's gonna have an enormous green fat day and we're doing it today this is actually like a sandwich let's talk about this in the training room this morning this is a piece of bread and this is the piece of cheese and then this is the other piece of bread which is squeezing the cheese so the market has gotten to the target today for the long which is here but when the market starts to lift over here and then over here and then over here it's gonna blow out people that shorted this market here and here and here because people did short this market they thought the market was extended here then they thought this buy set up failure here and the lower high here was the reason to short then the market gap down then it fell in the buy set up here into a second lower high and people did short this you can see the people shorted this here you can see it is a terrible trade and this is not the people that are controlling the market but people did short it and it's not the right way to trade so for the lesson to be learned here is that even if you like to trade longer short whatever your typical biases and for me actually it's shorting which is what it's just so ironic that I've called this market so well to the upside when I like to short I mean if somebody asked me what do you want the market to do Melissa you know personally to get shorts to dream targets day after day after day after day after day in ideal world the market be falling off the planet so I don't I don't call the market here the way I see it based on any particular bias I'm actually reading what's I'm seeing here in the price when I make the determination I'm reading the gaps and I'm reading the price and I've been reading this market very well for someone that likes to short to the upside the market is to the upside the market is strong it's proving that it's strong there's been no clean pull ins to even properly buy this market here even today if I was like trading this like pretend this was a one-minute chart this would be not a preferred entry it's a cheat entry here to buy a sandwich like this it's a cheat it's not preferred it's not clean because the market hasn't come in cleanly it came in and immediately did this action here it's been very sloppy it's been hard to buy this market creeping up like this without any clean pull ins and yet you can't short it people are making the attempt to short it looking at the extension and the lower highs and the buy set up failures but they're also doing that because they're desperate to get some type of volatility or to get some kind of entry but clean or no clean the entry is only one directional bias which is long for the market and the only way to play it and people were talking about showing this market this morning I said no you actually could have bought the market here let's go this was this was you could have done this this morning here it was like right before 10 o'clock and again you know this is this is not easy to read it was a good call that I made for the market to hold today I thought the market was going to hold right here immediately came in broke the low and then it's still held double bottomed here and you could have bought the market right over 86 with literally a negligible stop 10 cents stop you could have bought the market over the whole number here you could have added in here lower the stop and the markets rallied all day and ran up ran up almost two dollars from the entry so you want to trade with the momentum which is to the upside it's to the upside in the longer-term chart and intraday spy is bullish the cues are bullish the markets bullish and it's going to make you high so it looks like it's going to happen soon here now so we'll see exactly what happens tomorrow but there are no economic reports tomorrow at all so whatever the market does will be in its own accord I think the markets probably tired today it's just going to close looking very similar to this there's a small small chance that in the last hour of the day and to three o'clock major reversal time the market gets over the high I mean it's just so close to doing it now it actually could still here yet today the market's power trending here and the sandwich is target is met so this is Melissa with the stocks which calm call for the market today was long and the market turned out to be that way small chance the market can make it over high today most likely the market gaps up or is a neutral gap tomorrow and then crying climbs over the high tomorrow when we make the new high people that shorted this market here on the two lower highs and the extension will be taken out of the shorts and the buying it is real so the buyers come in the shorts get stopped out and that's what's going to make the market really go very aggressively over the high and make new highs and smarket it's March 2014 that doesn't seem to be anything stop in this market from going higher for the rest of the year so this is Melissa with the stocks which calm is like more information on how to learn how to recharge some pricing gaps feel free to email me at Melissa at the stocks which calm very important to trade with the proper direction and the way that you redirection is actually trading and reading gaps the class for the gap course is this weekend March 22nd and 23rd feel free to email me if you'd like to sign up there are still some spots available Melissa at the stocks which calm thanks everybody have a fantastic day