 Hey everybody, this is Brian and we're talking about the newest version of magic eight ball Which has not been released yet. It's going to be version 106 if you don't know what magic eight ball is it is a stock market prediction engine that I've been working on for about two years now I'll put the link down below, but you click the link sign up It will send you an activation code via your email and then you just come back click launch pass and send the code And it will let you in automatically All right some things that have changed I'm just gonna Scroll down here We have a whole bunch of new chat rooms I have an education section here where I've added a few folks like axe option zero DTE that's Ernie off his channel I think he's actually right over here and then option Sandy. She's over there. I've added yep Actually some mentors so people that want to volunteer to help other people out can and The chat rooms sometimes they are dead sometimes they are just I can't keep up with them because they get crazy Today's been kind of a calm day And I think the market's been kind of indicative of that it's been trading flat all day So let's go down here. This is the old system and I wanted to show you old and then the new one so today is gosh, what is today December 14th 2022 at 349 in the afternoon so the market's actually getting ready to close here very very soon Wow, I wonder if we're gonna see this in real time while I'm recording I tried to record these videos in one shot was zero editing just to kind of show that I'm not hiding anything Anyways point being this is the old version and it's split into two parts text wall and Chart and it's been criticized both good and bad The good is that it's been getting better in its accuracy so we're saying that the price is three nine nine two and There is a predicted closing of four thousand ten with a difference of eighteen dollars And then I've got a bunch of metrics and stuff and a forecast and some trades and these trades You can just copy and paste into thinkorswim I Love and hate this text while I'll just love with you I love all these metrics because it helps me as a developer But as somebody coming into this they don't understand any of this so it's been the harshest criticism is how do I use this? So I wanted to clean that up The other thing is this chart People coming in going this chart is bloody confusing How do I use this and I seem to be the only person on the planet that can figure this thing out and it's probably because I wrote it I have to admit looking at it if I didn't write it. I'd probably be very confused as well So I wanted to address those two things along with the accuracy. I've really been focusing on the code for the butterfly trades Iron condor I think is about as close to perfect as I'll get it Verticals is getting much better and in case you're curious about how accurate these are Bear in mind. This was not meant to be a trade generating system. It's meant to be an indicator, but in here. I do post I Tried to anyways every day the logs and I post in just a raw Brutally honest accuracy report of every single trade this thing generates Okay, so that's the old version New version here. We're gonna flip over into my development server boydromes, which don't get excited You won't see these channels. They're hidden But I have these up for test reasons, so I'm gonna go to SPX and let's just make sure we are in the newest one All right, so it's saying this updated at 1546 and It is currently 1551 so this may update while we're looking at it, but it's saying SPX I've kind of streamlined this SPX current price of three nine nine four and forty four cents is expected to move up Closing near 40011 but will range between four thousand three and four thousand twenty. So let's take a look at that So we're gonna flip here and sure enough. It's tracking up. We're at about four thousand and change We got about nine minutes left in the market. We're saying it's gonna end up about here So yeah, all signs pointing to about right there and we're also given this range now This is strictly for newbies that go. How do I use that thing? It's the very first line I've also added the version at the very top just in case you're ever confused what version is running and Then I've added this metrics block here for all the math nerds that wanted all these numbers including myself So we have the short term closing and long term. This is that three point prediction So short term is where we think it's gonna hit very very soon. You can see the difference here is minimal Closing is 40011. Yeah, it just updated. Let's go down to the newest one here guys All right, so four thousand one and near 4013 will range between four thousand five and forty twenty So yeah, we're expecting this to go up So short term will be very very soon. You can see that just happened closing This is where we think the market's gonna be in about the next eight minutes or so Long term forty ten. This is if the market had no end. It's just gonna keep going so in short Here's current Here's short term. Here's closing long term would be way up here meaning if it just ran till midnight That's about where it's gonna settle out. We also have an expected move $3.76 so we're really not expecting the market to rip up too much further implied volatility pretty volatile market and I added these in for all you math nerds out there Delta and Gex Delta is kind of and if I have to flip over to think or swim to do this if you look at Option, of course, I got us crap on my screen. Apologies Get rid of all this if you look at the options chain Well fail get out of there. There we go. If we look at an options chain Delta is the zero zero five Put in the zero zero five call. So if we look at the whole options chain It's basically the possible ranges of where this market will go. So something like Negative zero zero five so about right here down to and then just keep scrolling down Down in there somewhere So that's really all Delta is is it shows you the possible range, but then it shows you the center Which is 4,000 then Gex, which is more popular which is gamma exposure, which is also concurring that 4,000 So now you've got double concurrence here say that four times real fast where it thinks 4,000 is kind of the center And you notice how our short term is right around that gives you just kind of a confirmation right on the screen Volume winners calls meaning the calls are winning. It's currently pushing up and we can visually verify that on the screen The calls are currently winning With a strength of about half a percent which of course goes into our Expected move in volatility. I added this extra little Area in here called areas of interest no pun intended Which I may tone this down a little bit because you can see how volume one is wrapping So these are the volume nodes if you don't know what a volume node is it's an area of volume that has high traffic So you see the main node is 40 20 with a range between 40 20 and 40 30 What that means is we are actually if you look at this the price is currently below that nodes We're expecting the price to pull up. So it just kind of verifies everything. I've said so far The price is going to go up Node 2 which is 40 50 You notice this also has a volume and a rate of change. So what are we getting out of this? We have two nodes first and second. They're both pointing up so we can expect this by volume to point up and We get a nice range and we get the volume associated with it So you can see the relative strength between the two and the rate of change for each Open interest open interest is like a magnet for price. So I wanted to throw this in here This was actually a request from one of our members in magic eight ball Which basically shows the top two calls and the top two puts of open interest and shows you where the markets want to go Hot spots, these are relatively new. This is where I do a lot of math in the background and I try to crunch a bunch of numbers so this tells us where Within all of that nightmare the prices are wanting to go where are the real hot spots where everybody the volume interest all The math is really meeting You can see 40 50 3900 40 104,000 you see that number 4,000 repeated over and over and over and that's probably where the market's gonna go And then I have the trades I've been working on these especially the butterfly trying to get that more accurate and the chart has changed quite a bit So I'm gonna open this up This is what the chart looks like now So we have volume sideways so this blue line is the volume profile And we see the volume spiking right around 4,000 so all signs are pointing right to 4,000 We've got Delta Gex and a hot spot all right there Then we've got our main volume know which is also our long-term projection, which is 40 20 We've got our predicted close and our short term So you see the price is going to go up to the short term up to the close And if the market had no and it would just keep going to 40 20 But this also gives us the range that the price will go into so I've tried to make this chart way simpler And we have time across the top we have volume across the bottom and our strikes and this magenta line represents the price All right, let's flip over here and let's look at some more. Let's go to SPY for example Similar profile, but you'll notice something fundamentally different the text wall is virtually the same But the chart is actually different So what we're doing here is if the price is within the main volume note It actually zooms the chart in and adds in the hot spots So we can see this is that where we're expecting it to go and there's that three-point range between Long term short term and the predicted close and for SPY. It's right on that 400 mark But we've got some hot spots here So if the market had more time in the day and you see the price literally bounced off those that's kind of nuts We could actually put like a little butterfly here or here and make some money if it jumped up there Let's look at another. Let's go to QQQ go down to the newest one and Let's just kind of jump through it QQQ's current price of 286 is expected to move up closing near 289 But we'll range between 287 and 290 and then we have all the metrics that back that up We have our trades that we can copy and paste and our beautiful chart Which of course is telling us exactly what's going on here Now this one's a little interesting because you can see the price is within the hot spot Or I should say within the volume node and it's also within the hot spots So this magenta kind of area is that volume node and we can tell it because it's zoomed into this The price is in here and it's going to bounce around between these hot spots You can see it's actually gone down here to hit this hot spot. I think if you look down here is 297 I'm sorry 287. It's actually 285. Can you read my own chart jumped up to the short term and then bounces back down And it's been ranging right around hot spot one, which is actually our 285 So if we wanted to put a butterfly for end of day that'd be where we do it right around the 285 mark Again, we have made this dead simple So we've got our volume profile in blue so you can see it spiking out This is where the action is going to happen and you can kind of correlate that with our hot spots And that's also where the price is ranging around you can see it kind of doing this little dance around here So if this seems confusing bear in mind, this is still early version I've tried my best to clean it up special note. If something is not trading that day. I do put a basic forecast out there, so prediction for Apple on 1216 we're expecting this to go to about 145 and there's the volume to support it Tesla same deal. We got a forecast out there and then I added an ndx. I may remove this I'm just not a huge fan of ndx. It's so big and so unruly to try and chart The charts do get kind of looking like a modern art masterpiece because this thing does move around Oh, I heard the closing bell. So let's see how we did here. Oh, we are right at 3996 and change so magic eight ball was actually fairly close in terms of its prediction Let's flip back here and let's go to SPX All right, so it says Price of 399 83 expected to move up near 4,000 will range to 4,000 to 4,000 So there's our end of day You see how over time that range of possibility kind of narrows down and everything thinks that it is Going towards the 4,000 number So the main takeaway here is I've tried to make the text wall easier to read If you're new and you don't know what to do, just look at this top blurb If you're a metrics nerd like me, that's where you live. If you like doing volume and open interest I've made a special area just for you and if you just want the simplicity of copy and pasting your trades here We go. Of course, nothing is perfect and this does make mistakes. So please trade responsibly I've tried to make the chart dead simple to understand when in doubt look for that bright red line That's where the price is going to go to and you can see that happening right here Hope that helps and I will talk to y'all later