 Okay guys, watch this quick clip I did yesterday. I did technical analysis on the S&P 500 features charts I plotted my points and I predicted where I thought it was going to go If you look at the charts today, it did exactly what I thought I was going to do It retraced I played that move and I made about seven hundred dollars and I'd say about an hour and a half. So check this out. Let me know what you think one six one eight So honestly right now I wouldn't even trade this I would I would wait to see where this is going to go and Then when I see it start to reverse because it look it's still above the 50 still above the 10 and Once you see it open and close under the 10 start working this way to the 50 That's when you know you start seeing the MACD Start hitting maybe not a sight below The zero line but getting close See a crawl you see this kind of made a Very very shallow high high low high. You see this is going down That is a divergence. I think soon the momentum is gonna be gone. This will retrace So that was the analysis from yesterday Just feels really good when you do diligence you put in the work and the market moves just like how you Wanted to and then you make your moves and then you make money. So now let's look at today's chart and what it actually did Okay guys same chart says yesterday. I still think on the daily chart. We are in a Wave three up so long term. I still think it's going up short term I talked about I think this is going to a trace anytime soon I plotted this point yesterday and Overnight I start to go down and then it made this big move Early in the morning I played this move and I made a pretty good amount of money because like I said This is what I was expecting and it played out perfectly. So I Plotted this point being I think it was the 23 point eggs. I thought this was a very strong bull market Well, let's see what I actually Retraced to so it retraces whole move thing this wave count is over It went almost down to a thirty point two. I had mine at the twenty three point six. So kind of went down Very close to it and then there was just a lot of buying pressure that pushes candle up and then it's just buyers buyers buyers overpowered this move So that was this move that I played this morning Let me see if I could poke the rank up to chart Okay, so this is what I traded off of them again Like I said if I see that it breaks this trend line Like I said yesterday and breaks under this the 50-day moving average. I would go short and When I woke up this morning it was around woke up around five o'clock and I was watching this thing I opened this around five thirty. So I saw this this my look up This is what I saw. That's you know, so I put this new trend line kind of bouncing off of here And then why when I saw this go up touch off of the 50 touch this trend line That's me is it is a pretty good indicator. So like I said yesterday you have this Double top you have this divergence You know it's going down momentum is momentum is changing Through my trend line. I saw bounce off here I got two bars down and that's me is okay It's time for me to get into this trade and I got in and I kind of just played this whole move down I scalped it I get in and out of trades very fast. So I played this move. I got out here I played this move made a little bit got up played this move and Play I didn't I don't think I played this move and I played This down here all together made about $700 within a matter of Couple hours two hours probably one of the better trades I've had So that was pretty nice. Let's actually see if there's a divergence going up. So we have all these going down No, not really. You wouldn't really tell this was a change of Momentum a reversal so My problem is, you know, I trade strictly off the rancor chart. I see like one blue Break up and I'll get out of the trade when I could just play this whole move and get this whole thing down But I'll get in and I'll scalp and I see this and then I'll get out of trade I want to see it, you know bounce get a couple bars down get back into it and I just Scalp I scalp I'm in and out very very fast in my trades