 Good afternoon everyone and welcome. This is Melissa Armo with the stock swishing. I'm here to review the spy And I wanted to do this today because interestingly enough the market gap down and when I first viewed this this morning I thought geez you know this actually kind of looks like we might drop today like it's possibly bearish as it turns out We didn't fall Then when I noticed the way the market traded in the morning I said wait a minute this might actually hold and flip and if it does it'll be very strong And that was accurate. I went back then I rated the gap Which I don't normally rate the gap in the market, but you can rate the spy the QQQs You can read any ETF with my golden gap system as long as it's gapping. So I rated this it rated 19 points 20 is the cutoff for something to work on the direction of the gap for my 26 point system But this really did rate right on the cusp and 19 is close Sometimes 19 point rated gaps do work. It's a 50 50 So this didn't today and it's very interesting because this is an extreme sign of strength to happen to rally the way That we did all day here today We pretty much power trends it all day with the gap down in the market So I'm gonna first look at the daily chart then I'll look at the one minute Big move here for the spy today. Okay? Nice big beautiful move. Low is 231 61 high is 233 82. Where are we? I mean we held and gapped down in a baby support and This is a real sign of bullishness in the market. So no matter what we do in here I think we rally tomorrow I think if we gap down a little bit will rally if we gap neutral will rally if we get up will rally This looks very strong. I'd be shocked if we gap down anything significant tomorrow in the market after today's rally It could happen. I won't know to the morning, but this looks very bullish So all signs point to go higher for the market Which means that we barely even came in hardly at all. Let me just look here at the Spy So what happened here was dropped rallied we went green Set up fell Bounced held held the low and then took off like a banshee So this move happened in the morning in the period didn't fall didn't break But I remember watching this in here, and I remember thinking gosh That's odd because I really felt that the way or the gap was and look this morning that if we were gonna drop and break We'd fall off a cliff immediately five minutes into the open and we didn't do it We did not do it. So a lot of strength here in the market Lot of strength. I mean to to fail on a gap down here to go lower Rally all day in power trend hold Rally up over the 50 premium average. I mean thing after thing after a thing after a thing The rating I mean all of this tells me that the market is going to lift Tomorrow's Tuesday Wednesday Thursday Friday Finishing out the calendar month of March. We'll see where the market goes I'm not saying we make a new high before the end of this week There's only four days left But I'm saying if buying wants to come in and just go go go go go There's a possibility we could once we get over this level here that red bar in the gap up that failed and ran down all day on this Day back last week. I mean anything's possible So previous high was 240 32 So nice bullish market today email me with at Melissa at the stocks wish calm if you have any questions And if you'd like more information about the next golden gap course to learn my method It's April 8th and 9th. Good luck everyone this week. Be very careful The bull stepped up to the plate today. The bears were not in control. I never thought that they were but there are some people that are short this market and They're gonna get run over. Good luck everyone. Have a good week