 Welcome. This is Melissa Arma with the Stockswush and I thought it would review the spy here. We had a nice rally in the market on Friday and you know whatever the reason is it doesn't even matter. At this point now the market has to get up on round and going if it's really going to hold and the question remains to be seen. Is it going to hold? We had a steep drop off here in the month of December almost straight down but then we had a big rally. 1226 was the rally. Okay that was the day after... was it the day after Christmas? Yeah it was. That was the day after Christmas. So we had a big rally there and this training action that we saw here this first week of the year is very very much what I'm talking about when I'm explaining volatility where you think somebody's going in one direction and it goes another direction and you think it's going in one direction and it goes in another direction. So here you had the market gap down to start the year but then rally not fall then you had the market gap down here the second day of the year on the third fell this was the day that apple fell and gap down and fell from the news that they were going to have low sales then you had the market gap up here this is on the fourth good day to come out and we had a nice big fat rally on the day so some people are looking at this as a rallying to resistance some people are looking at this from follow through from down here some people are wondering now if this is the bottom here if they should buy it either way the way you look at it if you day trade there were both ways that you could have traded the market if you're in the market long term and you didn't get out anywhere in the drop off then the market's still holding the up trend if you want to get back in it's never good idea to buy bottoms however the market did gap up on Friday and you could have bought the gap up so you could have bought this gap up here if you wanted it so we'll see where it takes us question is was it a day trade or was it going to provide some follow through here from the market overall we're going to have to wait and see I do think we're going to see a lot of volatility Monday and Tuesday in the market because of the talks with the trade deal with China so we'll have to see good luck everyone if you're interested in learning how to trade gaps with me my golden gap class the first class for the year for 2019 is january 12th and 13th don't buy sign up if you're interested email me at melissa at the stockswish.com for more information thanks and have a great day