 Hey everybody, it's Hari Swaminathan from optiontiger.com, they're looking at price action for Friday, August 2nd on the SPX and if you saw the markets opened week and then it went weaker but if you look at it from the open over here, yes there is some little bit of persistent activity over here but it's too close to the open and so you probably don't want to get into the trade. The first trade that looks actually pretty decent is right here but however it doesn't last very long because as you can see you probably could have made a couple of points over there so really you would have been stopped out or you would have come out right there once the customer RSI and the green dots started turning around. The really good trade comes obviously in the middle of the day over here and this was a nice trade so if you waited for the dots which were persistent and then you looked at the customer RSI going into the bearish so that would be around this bar which is a level of about 29, 25, 29, 26 something like that and then you would write this, you can see customer RSI and you won't get shaken out by this one green dot so you would write this all the way and you won't get shaken out by one dot here either but once you see the customer RSI trying to come out you would want to get out so that is around this level over here 29, 19 so that's a 6 point move which is about a 12 to $1400 profit. After that there's no trade because we are in a negative day and it doesn't look very negative but if you just put it in the right perspective we started out weak and then it never really made its way back up there so any of these bullish trades don't count because there seems to be some persistence in this move right here. So if you wanted to go against the grain and take a small trade here keep it very low, keep it you would get in somewhere here and if you normally put 4 to 5 contracts then just put 1 to 2 and if you want to scalp it a little bit for 2 or 3 dots and then come out with the profit don't even wait for the thing to turn because you're going against the grain if you've generated a profit you can just take it but bear in mind this is a B trade it's not an A trade. A trade you want to align it with the market sentiment for the day so in general that would mean that you take put trades only however even during such a day you might get some small opportunities where you could do something on the call side but you have to just keep it very tight and you have to keep it small so that because things can turn and as we know and you can see the ticks are the ticks have been persistently negative all through the day so really taking a call trade at best is a B trade and it's best to actually stay out of it and just wait for the nice put trades to come along and that's how you would use the SPX algo and the custom RSI for Friday's price action August 2nd. Have a great weekend everyone. Thanks. 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 algo and you can find more information on how to get these indicators. Thank you.