 Okay, good morning everyone. This is Melissa Arma with a stop swishing I'm gonna review the spy here today with the rum the reason is because it was one of the best gaps I've actually seen in the spy since Since The last gap that I saw as good as this was here the day of the turnaround flip day March 1st So I haven't seen a bullish gap as good as the bullish gap today in the market since March 1st There was a it's different though The reason is because you could have been aggressive in the morning long this gap back here from March March 8th on May June July four and a half months So there were lots of other bullish gas But I'm saying I haven't seen a gap this good in the market since here You could have aggressively gone long this bullish gap this not so much So I knew that today and I actually said you know what I said to Paulus when I'm gonna I'm gonna rate the market gap because I said I just want to make sure that this is really gonna hold because I think we actually hold today and I and I I bought stuff and then I rate it usually in the morning for the stocks that I trade I always rate them but I eyeball the gap every morning and just look at it I don't rate the gap every morning. I can't remember the last time even rated rated the spy But I felt compelled to do it today because I thought gosh. This is crazy But it's not crazy at all so I gave the lecture yesterday and I said who who where are you gonna have red in here? You're not gonna have any red because people haven't been law in the market number one Number two, it's new money coming in and buying up the market and and so where are you gonna have any red if you have shorts exiting? It's gonna cause green if you're buying its green if you have new money coming in because we went over the high It's green. Why would you have any selling? The only way you'd have any red is if people shorted the market and I and you might have had some of that yesterday But not so much and I said I thought once we get over the high that when we didn't have the short squeeze Because we didn't have a short squeeze. We didn't this isn't a short squeeze at all I said when we didn't have the short squeeze that people are probably waiting to see if we hold up the next level Which is 220 and then then we may get shorted more people are waiting for an extended rally up here. Look at this We're just went over Look at this. Oh my gosh here today. No one did this gala. Had did you do this? Did any single person here in the room do this call here today because this was the best gap? It was too late for me to take it. It wasn't long. Did anyone do it though? I actually think there's a possibility this could go to 220 I don't know where we closed today, but we could power trend up all day now. That sounds absolutely ridiculous But it actually could be true Gallant had held off This is we're gonna we're gonna have a big bar today in the market Like when I say size, it's gonna look like this or this or this or this or this You have enough options, okay so So anyways, I rated the market gap and I rated 23 points a day and that is a really good bullish gap I mean, this is something you just don't see every day And I think it's one of these things that people think is impossible that it could possibly hold because we're so many days up one two three four Five six seven eight nine ten eleven twelve twelve days. We've rallied up and yesterday. We counted the bullish gaps Yesterday we counted them. Let's count them again today one two three four five six seven eight nine So nine bullish gaps nine bullish gaps and twelve trading days There's nobody's gonna sell no one's gonna sell when the move is just beginning here now And I predicted it to happen and I read the money in the chart. Oh, I know the question Angelina had asked me a question about Reading stuff in past price data. She said she just doesn't believe it's possible But it absolutely is possible because that's one of the ways that I actually predict moves. Okay Technical analysis is powerful if you know the right things to look at if you do not know the right things to look at Then it seems like it doesn't do you any good just like moving averages or any other indicators now I don't live and die by these things. I have them on my chart But I don't I don't make trading decisions based solely on these things. They're helpful But you know the price of what as the price that the stock has traded at a previous price action is actually Important because there were trades that went off in all of these bars. There were longs. There were shorts There were sellers so it does help and it is meaningful The problem is that many many people again are not focused on the right thing What is the right thing to focus on the gaps? But not every gap is important not every gap is important Not every up gap can you go long at every down gap? Can you short not every up gap could you trade to fall? You know like if people were trading this for a gap fill yesterday Where did it go? And I gave a long long long lecture yesterday about pullbacks. Look at this You were waiting for a pullback in the market You look it's run at five dollars if you were waiting for this to pull back we talked about this yesterday Where's it gonna pull back now? I mean we will pull back eventually, but where what do I think it is? It could be here We could keep running up We could run up all the way to 220 and through it and then pull back here There's nobody's here. We could pull back here. Here's here's where I think we really pull back now Let me just look at this. I think we pull back here to the previous high Right around here snug as a bug in a rug. I don't know when This is probably where we pull back Nowhere near any of these areas So we could keep going here We could keep going up to 220 or beyond So for those of you that are long any overnight that are strong stocks hold them on through if you're long any options That are long sort of strong lungs hold them on through and if you have 401ks and you're in quality lungs Just hold them all through. I mean the market's higher. The market's higher the rest of the year After this now this kind of trading action Everything looks good So once again, I just referred to the rating system to determine what this would do today But I knew it wasn't going to be a fast setup So I didn't take it because I like the quick trades longs take longer to set up That's why I prefer to short You know, it's half a dozen one in the other you can make money going long If you if you went long this here today and my call you made money I call this right in here stop was 215 80 and it was right around this number in here It was like 25 cents. So wherever you hit it in here 25 30 cents It ran up over the high and the next number it's hit over the high It's green in the day the next number was 217 and in any pullback here You can go long like this was the low of the day like this isn't going to retrace itself now And this could just keep going So we'll see how we close today I think the body of the green of the color of the green of the body has a nice Size to it. In fact, I think it's going to be bigger than this one here So we pulled in this day here and was along. This is a small body I think the body today has a more sizable body. It has the same tail. This is a longer tail But I think the body has a more size That could meet another gap up tomorrow, which sounds insane, but it very well could so let's say today We run up to 217 to 217 between 217 to 18 that would only be a $2 move in the day for the spy Which is nothing We could gap up tomorrow and run up to 220. We could get neutral and run up to 220 We could get down a little and run up to 220. I don't I don't know how we not keep going up to be honest with you I'm just letting you know so This is new money that bought the market up It was a really good gap today It's so good that we could continue it tomorrow and we could power train all day. Here we go. Here we go We're going and making another high again. So does anyone have any questions about this? If not, it was just a bullish day today It was one of those days where you can't go short unless there's something amazing to short unless you're like Oh my gosh, I have to short this there was nothing to short today I said I you couldn't pay me to short today and the longs unfortunately were very very late setups But they definitely were long Does anyone have any questions on this for those of you that are in the option trade that have the two cents or the three cents You're You know, you're you're more than double your money now. You may be triple it. I'll have to look at it later All right, good job everyone This is Melissa the stocks wish calm if you have any questions email me at Melissa at the stocks wish calm