 Good afternoon everyone and welcome. My name is Melissa Armo and I own a company called the Stock Swoosh and today I wanted to do a market review of the spy because the spy sold off today in a gap up and I saw a tweet last night from MarketWatch or it was two days ago actually that I wanted to respond to and I'm doing this video for that response and also for all the people that follow me on YouTube and my following out there in social media and my clients the market has only been open for eight trading days since the beginning of the year I know to some people that seems like forever but it's actually not that long it's a week and a half which is nothing okay it was 52 weeks of the year we seem like we have traded down since we started the year but the reality is it's only been eight days so let's put some things in perspective and I wanted to follow up from MarketWatch's tweet because they are calling that the correction could come all the way into 160 that the market could pull all the way into here this is an area this is an area of support in the market it is very very far away do I think that we get down here no okay I do not I don't think we get down there for a lot of reasons first of all let me just say if we do get down in here we're still in an up trend I hate to burst everyone's bubble but if we get down in there we're still going to be holding but it we are definitely still in an up trend here even with the drop-off we've had in last week okay the market is in an uptrend now the reason that I'm saying that we are higher this year because I am I'm saying 2016 is going to be a year where the market makes again another all-time high in the spy previous one was up around 2 1375 yeah I think the highest we got was 2 13 78 ish we didn't quite get up to 2 15 or 2 14 but we got pretty close last year in 2015 I'm calling the market to get over that number for 2016 and not only that to have an extremely bullish year my call about two weeks ago was I said the market would have a different definable trend this year but it would take a little while for it to play out that's what is happening it's taking a little while to play out but now everyone's panicking everyone's selling everyone thinks we're lower a lot of people think we're in a downtrend we're not a lot of people like I said think we're gonna pull in harder fall and a market watch is saying we're coming into 160 area where I don't believe that even happens even if it does we're still holding in an uptrend but I don't think that happens and here's why my name is Melissa Armo and I own a company called the stocks wish and I named my company the stocks wish because it's actually a play I invented in the market it's something I saw in the market a long time ago when I was teaching myself how to train and it's something that is one of the best things that I ever invented and created I actually made it up I made up the name I made up the whole train and it's one of the most amazing things that I've ever discovered in the market it's like a discovery I discovered gold in the market when I discovered this thing called the stocks wish and I named it appropriately because it it opens and it swooshes and it almost makes a sound that the trading action happens so quickly and so fast it is an institutional position that happens in stocks of the market it is very rare for a stocks wish to happen in an ETF now this is the spy ETF it's the S&P 500 but usually stocks wishes bullish or bearish happen in stocks but they can happen in anything that trades they only happen in gaps my strategy is golden gaps so I use a 26-point rating system what is the reason that I am calling the market higher because well there's a bunch of reasons a lot of reasons but the one massive reason is that on this day here in August 24th 2015 the market gap down this is a gap down you could have rated per my 26-point rating system to see if you could have shorted it it did not rate good as a short I did not short this this day if you chore to this this day you didn't make any money it wasn't a short now that's one reason now what's another reason because the market this day open and stocks washed opened at 187 49 see the square up there in the corner of the left okay traded down to 182 40 it opened it at a stock swoosh it did bearish swoosh then it negated the swoosh went over the high of the stock swoosh and then actually got bought high on the day was 197 47 now just look so from the low of his tail it's 182 40 and the high of this bar here is 197 47 so what I'm saying is that in all the eight years I've traded I have never seen a stock swoosh being a gain it and then get bought the way that this happened in the spy SMP on this day which I call the anomaly day because it was an anomaly that happens in the market very rare to see something like this it's very something unique and special and rare that's why I'm calling it the anomaly day and that is a great name for it and it works but again you would never know what I know unless you took my golden gap class unless you're me that this day is so powerful in the market not only because it was a golden gap that did not rate well as a short but it was a gap okay and I only trade gaps but it's also the fact that it opened and stocks whoosh negated the swoosh and got bought so what I'm saying is that this institutional positioning in the market that took place on this anomaly day is so powerful that this is signifying that the market's higher and we'll make a new high now could we retest this yes do we have to know do I think we're going to know not necessarily we may not even okay don't don't count your chickens until they're hatched here so for all the people that are short this market which which to me is not correct because of the fact we're still in an uptrend be careful the market in my opinion is still higher and the number one reason I'm saying that is because of the gap ratings I rate gaps bullish and bearish and I don't see the follow-through of selling that's going to continue in this market and then also this strength of this bar here that the stocks whoosh happen got negated and that it got bought and this is something that is so powerful that that no one knows but me out there and I made it up and that's why no one knows unless you did my golden gap class and so my prediction is the market's going to make another all-time high this year and and I'm just telling you one thing right now it could come in sooner than later because once the buying starts to come back into this market it could blow through this eight-day sell off which again like I just said earlier is nothing okay in the life of the market it could blow through it like nobody's business blow out all the shorts blow up through the over the high just completely blow higher and it will be unexpected to everyone on the planet but me I think I'm the only one of the planet that still believes the markets gonna make another new high for the end of the year and not only that sooner rather than later because I don't think this continues really in here and and I really don't even think it's gonna be retested it could be if it wants to be but I'm telling you the reason I'm calling the market higher and that 160 is not likely gonna happen is because it would have to go under the stocks whoosh that happened that day for that to happen and and what I'm saying is no one understands the power of the stocks whoosh but me because I invented it I invented this and it is real and it works and it is one of the most powerful things that ever happens in any chart I have never seen this happen in the market where a stocks whoosh happened and then got negated and then reversed this is so powerful I cannot wait to see if this holds or not it is it is amazing even if it doesn't hold we're still in an uptrend but I'm telling you this is phenomenal and if you understand the power of this you can you can make money trading in the market you don't get something like this all the time it is rare to happen in ETF but it absolutely happened in the spy it is there and it is real and it was institutional buying that came into the market on this day after institutional selling and I'm telling you it's phenomenal so if you'd like to learn more about what the stocks which is since I invented it and if you would like to take my golden gap class email me at the list of the stocks which calm so again my market call is that we will not go down to 160 at all that we will hold this area here and we could retest it but I'm not even sure if that happens because because of the power of the stocks which have a great night everyone