 Good morning traders and welcome to the book map live trading webinar. This is Bruce at book map. Good morning, and All right, well, it's been a while. I was working on some new educational courses coming out for you guys so had to kind of forfeit some of the live webinars for a bit, but we're back and Let's get started so general disclosure All book map limited materials information and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations risk disclosure trading futures equities and digital currencies Involve substantial risk of loss and is not suitable for all investors Passer for performance is not necessarily indicative of future results Okay Just a note here on Friday, it is a good Friday. The markets are closed. We will not have webinars No one is going to be scheduled for that that time. So Anyway, let's jump in here and take a look at the S&P and let me get caught up I also just have a bunch of questions here already. So let me double-check here Thanks, Rob. Audio and video good here. We're all set to go Okay Good morning. Morning scooter Okay, yeah, can you hear me now audio and video over in discord Let me quickly go through that risk disclosure one more time. Okay. Yep. Thanks for that risk disclosure general Disclosure all book map limited materials information and presentations are for educational purposes only and should not be considered Specific investment advice nor recommendations risk disclosure trading futures equities and digital currencies Involve substantial risk of loss and is not suitable for all investors pass performance is not necessarily indicative of future results Okay, I got that out of the way a few times now. So hold on just a second here Okay, just need to follow up on a few questions here really quickly. I Think we're good. All right. All right. Let me jump in so what's happening here What's happening with this S&P? Well, let's take a big step back take a look at the bigger picture I mean these it's been rather chaotic lots of stuff going on in here and you can see it in price so I Mean these are pretty, you know big swings back and forth Here's the the daily on the left-hand side The hourly in the in the center here in the 15 now This is a one minute 15 minute here on the on the right side so You know I was I was keen on this level the other day And you can see we kind of closed above it and then saw some of the momentum the next day This thing was going to rip up into here. I don't know how you guys felt about that I thought that was a pretty easy look Things in here that you know if it has enough momentum to get through this swing up here where sellers dropped it here Then the next area is probably going to be either point of control of this little area in here Or just an area where price traded a lot. Okay, I'm not going to get into volume profile. That's Tom B He'll go through that In the webinar right after this one But just to understand auction theory and and we're going to apply it to everything in here We're going to look at, you know, horizontal lines diagonal lines We're going to look at even candlesticks and we're going to talk about the auction within them And where if price can get up into those areas and through it The next area are the swings up in here and that's precisely where we are All right, so I am looking for profit taking up here as well as sellers to maybe potentially engage Somewhere up in this area in here. Now it's a pretty big area but We've had an easy nice run up to it through this area through here And now it's going to get a little more difficult. At least that's the way I kind of look at it And let me see here any questions over in YouTube. No, we are good. Okay All right any questions in here No, we're all good and discord, okay, all right, let's take a look at this S&P and You can see that Yeah The slowdown is already taking kind of place. We had the move up pretty strong momentum on the move up Sellers come in in this area here as you can see Now this this is where we can start to look at some of the market structure as well and Start to understand the traders within these areas in here and you can see it very clearly In fact, look at the volume here up into this area here All right. Now we can just draw that across And and we can see that that's going to be a rather important area. In fact, I would say it even starts here I'm going to go with this swing in here because the market seems to be reacting to it We can see that the sellers took it down below buyers tried again. They could not take it back up Okay, this is significant in this area here the buyers couldn't take it back up Even with the buying pressure coming in here that we see They couldn't take it back up further. Okay, so yeah, I'd be I would still be bullish in here No, no question. I would be looking for a pullback I'd be looking for more buyers to come in here to test up here and then the breakout up above That that did not unfold whatsoever, so You we we get the next clue here There's not enough buyers in here. We start to see the sellers Really, to be honest, it's down in here at the bottom of the edge and they break it They break it down into where these buyers broke it out from here. Okay market structure and the vault the volume and they the order book within these areas in here is We you just can't make this stuff up. It's here and and the market reacts to these areas in here So we can see that it broke down here now look at our new zone Okay, this zone broke now. It's the back side of that Enough buyers. No heavy sellers. Yes, we're looking for it to break down Okay, and I don't have enough data in here to go back Here I can add a little bit And let's see what we get here so Anyway some heavy selling again heavy selling and now some real back and forth in here. We just had the Joltz job report I believe what was it? Yeah, and Yeah, I mean, you know, I don't even know what the data means these days anymore it was a negative number and Yet, you know, we see the move to the upside here so Yeah, I'm a little confused on data these days like just not quite understanding What these numbers mean it obviously when it was a bad number we were getting a positive move Meaning that the Fed wouldn't raise rates, but with what's going on in the banking Sector now that's Already like a you know, they're not going to be lending as much So now the data might shift in bad data actually means bad information but Anyway reaction to the number it was negative number the move was the upside Okay, so now we can see this move in here these buyers in this smaller time frame are in control of this move We have gone back and forth in here between this level so between 62 and this 54 55 area down here or 55 and a half Okay, so here come some buyers and let's see if they can pop it now back up into this 62 here looks pretty good And yeah looking for the follow-through up into 62 here All right, and then maybe if we get enough maybe we can come up into this next previous level up here at 64 and a half or so Okay Let's zoom in here They're still bullish Okay, didn't didn't quite make it to 62 yet and now we're gonna we're gonna really look at this area here because Same same concept same idea as we just looked at Okay, this if we get sellers down below here We're going we're going back down to the bottom edge here. Okay. That's what it looks like here So what maybe we'll get even a retest back here. Let's see and Then sellers coming in and let's see if sellers can take it down here to the bottom edge 56 so that was a kind of a quick Change once we once we got below this little area here and now we're back up above it This is the battleground here at 59 on this very small time frame here. There's some exhaustion Looking for more sellers down here. Let's see if we can get that at 58 Nothing yet. No more buyers. The trap is pretty is set pretty nicely here for these Get these buyers trapped here if we can get sellers right below here at 58. We're not we're not it's not happening. So That that's what we'd be looking for though is the bind here Let's just mark this up We'd be looking for big sell dots Here Hold on Yeah, I should do it. Hmm. This this tool is not working for me. Sorry about that. It should be working Okay Anyway, I was trying to draw it and let's just draw it up here We're looking for sellers down here below 58 Okay, and then and then the move to stream on down into this liquidity down here bottom of the range Still don't see the sellers. Okay, here we go in a retest This is where they got to see follow-through on the retest here. This is key All right, we got some sellers. They should be able to move it back down here to the bottom of the range now so Let's Play it is wippy. I mean like They should be able to follow through all the way down here pretty quickly But they immediately follow Pull back here and come on hit the 55 or 54 and a half Okay, there we go Still looking for this. Okay. It did trade it did trade into that liquidity a bit. I'm still looking for them to take it here Let's see if they can take the rest of it guys. That was tricky It kind of did what we were looking for Let's just talk about this though in terms of like higher probability trade Okay, so what what we're here and and it's been nice to have a break Because what we're here for is to go through reading the order flow Okay, we can talk about the trade management in here. We did the a couple weeks ago And we talked about well, you know, if you get positioned for something like in this looking forward to come up to the top of the edge here Put the stop at break even Get stopped out reassess look for This trade to work out to the to the downside and we didn't quite we were looking for it We we were looking for it in here and then here we didn't we didn't see the follow-through and We got some some back and forth in here And then it looked like buyers if they can get back up above this 59 that they're able to take it back up here They couldn't we saw the sellers here. That's that's when we're looking for the retest here then here that follow-through down And that was kind of the thought process in here trade management wise. It's it's tricky this is you know, there's a lot of chop in here and There is a You know, these are small moves is a scalp of course, but What I mean to Get out here is your trade management. We'd have to be very very quick here. All right, so original Move to the upside didn't pan out But don't give your money back, you know and in your trade management. You're looking this should follow through now Okay, that's one of the things that's nice about order flow is if this doesn't follow through now Take your stop Okay, and It would have been around break-even or maybe a small loss And then once you see the follow-through in down here Stop up above and look for this to follow through This case it had one pretty whippy pull back here and then it did continue Okay, now this one's continuing all the way down to the bottom of this range here at 50 Okay, so we're looking at testing the figure here and we're already there Okay, now let's take a look at this here now this is developed into good morning, Tony Nice to see you This is developed into Something a bit more here So look how we drew up this range here saying buyers are in control in this time frame and that is true Okay, they lost control here So that moved down to here and then more sellers coming in here now the sellers are in control Okay in this range here between 55 and basically 49 or yeah, let's call it 49 Okay, so Yeah, let's see. I'd actually look for a pullback here kind of that the lows of the day here All right over the cash session All right, so I would be looking for a pullback probably to about here 52 or so Just a small time kind of a small time frame move back up to about 52 or so Okay, we're just talking about the order flow. It's not a trade idea here but looking for we've come down we've tested the lows and Looking for some profit takers to come in and a Small scalp would be we looking for buyers here at 40 at 50 basically Okay, or lack of selling here, which we don't see yet There we go. Now it's traded into this liquidity here. Now. Let's see if we get the buyers above it here Okay above 49 and then yeah, I would look for the first move up to this 50 and a half and then up here to 52 Okay, just looking for a pullback here. We can look at our diagonal lines in here Okay, so again just reading order flow in here And we're looking for something within this order flow to give us insight to the possible direction And we just haven't gotten the buyers yet that we're looking for here. Here's some exhaustion. There's some buying Here's a retest did it sell again? No, do we get buyers here? No Not yet. So stay away from it and it continues on Okay, so now we're now we're at lows of the day here or the cash Okay, let's see if we get buyers back up again So no pullback. We're due for a pullback here So I will be I would be looking for that soon Just don't see it. This is something Carmine. I don't know if you guys saw the webinar with Carmine And a phenomena that he's been looking at and he he said some interesting things In his webinar, let me let me find it here. If you guys didn't Didn't see it. I'll put the link into the chat for you. It was Here pro trader webinar series. Okay, so this one here and Yeah, let me share it here in YouTube for you guys. Hey and we're in discord. All right. Well, let's see here We're starting to see some buying in here Come back in If we get enough in here next move up to our 48 or 49 and maybe maybe even 50 here Let's see it. Do we get some at this top little top edge right here. Yep Okay, see them pull that liquidity. That's good. Let's see if they add on the bid We should get some more buyers and they should be able to move it up and test some of this liquidity here Hey, that's what we're looking for here There we go Still looking for the move up into about 50 here So what Carmine was talking about? Was he kind of shifted and changed now this was really interesting Carmine's a really good trader And he changed up his style so he Is looking at support and resistance levels And he was looking for taking he was noting the bigger swings Okay, and you can see that in the daily chart for sure, but like Also in some of these moves in here. I mean these are big swing moves So, you know, he's he's looking for you know Getting into a position down here and he might try two three four times You know take some small stops like two three even up to like seven points. I believe he mentioned And that's a change now. Obviously, he's controlling his risk by trading smaller and Then once he catches it though, he's looking for it once he catches it He gets like a 60 point S&P move And and that's that makes up all the difference, but you have to be there to catch it if you don't catch it You you you just lost a lot so anyway Interesting to kind of hear that because these moves have been look like this is a pretty big move here to the downside And I would look for the pullback to be pretty big as well So we haven't really seen too much now. It came up to our 49 level. We were looking for 50 Hey, maybe maybe it'll get there. Maybe it's just pulled back here And then we're still looking forward to come up to 50 here All right, but it kind of lost some of its momentum up here Okay, just trade it up to 49 and that was it Okay, buyers are still if we look at the smaller time frame in here They're still in control though here. Okay, look at the volume bars. Look at the volume dots Look at this pullback here. It just came down to here Okay, and there's still more buying than there is selling in here Hey, we can even look at CVD in here if you guys like your CVD. There is divergence Okay, there it is. Okay. It's right in front of us. In fact, let's put this within our chart range And we'll look right at it here. Okay, let me get rid of the Icebergs for a second. Okay, there's our divergence. All right, so here's an equal low here Okay, and here's our low here in CVD And then here's our low or our low over here equal low here, but a higher low here All that means Okay, and this is what's to understand and gain from this Don't look for a divergence as a signal Understand the auction in here There's a lot more buying pressure than there is selling pressure That's why we would look for What we would look for down here is not a lot of selling exhaustion would be a lot better or Absorption would be a lot better. It hits into these orders down here and they cannot sell through it Then we're looking for our buyers to come in and we'd look for the first test to come up to here And then maybe maybe up to the the recent high and then maybe our 50 level up here Okay, so did it already make it there? No, it's come up to our 49 level so far. Okay, and then just exhaust it out here see that So we will see the sellers come in and take this down All right Let's see Rob a few questions. I've been looking into the importance of stop runs. Yeah Yes, absolutely a stop run it could it could be a Reversal it could be a breakout But it's typically high trading and Or high volume Typically, but what is important about the stop run event is what happens after the stop run Okay, I know it sounds a bit like a cop out guys. This looks good for a breakout here Let's see if we can get that follow through now up to 50 and above If it was 50 was our first stop, right? Yeah, and then 52 somewhere around up here Okay, I'm just looking at the volume in here. It looks good. There's pressure in here. They're likely to push it higher Okay, so if you guys are looking for even a bigger mean reversion trade Well, it would be back up to where we drop from here, right? 55 or here is your your point of control of this area in here all of this transaction Transactions in here up to 58 or so Okay, that would be a you know pretty big trade back up. Okay, right now. We're just looking for our 50 and then our 52 Okay, and it is unfolding now again It's not about calling the market in here. It's not about Being right it's about understanding the possibility of this to unfold and why Okay, so and we're up at our 52 level now Okay, but we can read this pressure in here And we can we read this move we read this move back down We looked at even CVD And we're still transacting up here. Then we exhausted out when we saw the sellers bring it down Okay, not enough selling pressure to even make it down to here though Okay, they can't even make it down to here at 46 or 45 and a half Hey, and look at the buying pressure up here. They got it. They're gonna move it All right, and they're gonna test into the higher liquidity up in these levels and then We looked at our 52 level But it's it's you know already traded a little higher up into the liquidity up here All right, so But we know why though Okay, that's that's really one I want to get get at a good question Rob Let's take a look at some stop runs in here And some icebergs as well. Okay, so guys, I'm gonna switch gears a little bit and We'll take a look at Understanding and reading some of these stop runs in here. Okay, because this is a it's really important The insight that you're gonna get from stops and icebergs is tremendous. I think in my opinion. Here's why Because if we're reading the order flow in here, well now we can get we can dive much deeper and we can we can read the The actual order types that are transacting in here and that's amazing Because who's using the order type of a stop loss order here? Okay, or a buy stop in this case Okay, and most likely the majority of them by far is gonna be People are getting stopped out Okay, there is gonna trigger stops. They're gonna say no moss. They're gonna get out They are compelled to buy they were selling down here. They are compelled to buy up here Okay, it is a good way to determine Where where you can find compelled buyers and sellers look for these traders to be wrong right now what is important about the stop run though is Once it unfolds and here it is here. Okay, and the the first one Hey guys, if you if you find yourself in a kind of an endless loop of of always Zooming in and zooming in it's because you haven't You got to click back on this tool here to Deselect it now you now you can zoom out Right to your to your areas. Okay, so here's our initial stop run is right in here In fact, we can we can turn on the It's not that look like it's that that big of a deal here It is for the day contextually and I'm gonna get rid of the Automatic threshold here. All right, so it's not bad 356. Okay, so It's only a stop run of a couple levels in here just to but the And there's one up here of 18 All right, so yeah, there's our move Now you have to we have to think about the stop run in terms of the context of what's happening in here Okay, it broke out It hit stops What happened after? It traded back down into the range to the at least kind of the top of the range here Do we see a lot of sellers in here? No We float back up and we're starting to get buyers again Okay, so the context here is we're it broke out it stopped people out, but we're still finding buyers in here So we're looking for at least This area here to accept Okay, now it did and then it broke out and then it accepted here and then it accepted here And it continued to go higher All right, so and now it's accepting in This range here and it just broke out now this range did not accept Okay, so far it's back into the range here So I'm actually looking for sellers to take it back down to the bottom of the range at 51 and a half Which were just about there. Maybe they can also take it down to 50 Okay, and there would be a new range here by defined by sellers below 51 and a half down to 50 Right because of this now. This is this is a good example Rob Look at the stop run here and they get it accepted above it. Look at the stop run up here And it rejected above it All right So we look for the move back down to the bottom of the range Okay, and it it did and then kind of a little bit back and forth in here Let's see. Does it accept back up here? This is the point back to the point of control here Okay, or most traded level at this at this range right in here does it do we see buyers up here yet? No So this these are the two different ways to read this and these are pretty pretty decent examples I think to read your stop run Okay, and then to gain insight from it because just because there's a stop run does not mean that this is gonna turn around and go back down Okay, it might accept and we might find more buyers after stops are popped That's what we want to determine. Okay, and then here's the same thing stops were popped We're back in the range. We start to see sellers in here. We're looking for bottom of the range, okay And then it returned back to point of control Okay, and it and we don't see buyers in here trying to try to get it back up to that this high of the range in here Okay, so we're still looking for it to accept lower here Okay, so that makes sense Rob. Do you have any questions on that? And good morning Jack So Yeah, that's There's a lot to kind of go through here but we can go through it again and again and again we can go through it in real time as well but the Yeah, I mean we see some stops down here for example, right but Okay, what happened well buyers came back in okay, well we're back up into maybe point of control here Okay, no, we're back down here again stops it again Okay, that's fine. It's even more stops than previously here Okay, so now I don't care though. I just are there more sellers here. Yep. I'm looking for them to take it lower Okay, back down to maybe this liquidity down here around 48. Let's take a look at this 48 Maybe 46 okay, there's our move Okay, so that's you know, and they're still hitting stops down here People are still getting stopped out. Okay, so Anyway, now there's something like I know Tom look at that. Wow Okay, now there's an iceberg in there as well as stops being hit This is dirty stuff in here guys. These these markets have not been clean Look at this this we've seen this move a many times and it's it's it's dirty. Yeah, I don't like it But we have to live with it. We've seen this so many times Here's a here's a larger player coming in and just dumping Triggering stops along the way stops are triggered where down here, but they're triggered in here We I posted this in the in the room the other day as well and and Jack was actually talking about this too About order book and balances and larger player being able to come in here and kind of you know push that You know bottom edge in here But basically they're dumping like this is a larger player has a lot of contracts and they're able to push it 97 look at all these orders in here. So, you know, this is probably like a thousand lot or you know something like that Only 97 of them are stops this there could have been a stop up here There could have been 97 stops up here. They got filled down here There could have been one stop up here and in 96 down here Right, we don't know that we know the order and chain of events in here And this is the answer is the question that we had in the in the chat. Okay, it's in I can show you where it is It is in and thank you Jack For your insights on this and feedback also Pete Shoot, where is it? Here this one same. This is the same thing in here. I want to show something that the dirty part of it though So here, let me just pop it out Whoa Long okay Okay, so here here is here's the image here now. This is actually something different a little different But we'll go through this example as well And and Rob you you requested to kind of look at look into this with the microscope into some of this stuff The larger player came in here and dumped and then all of these 362 got stuffed We don't know where the stops are they got stuffed down here though. Okay, and then in here We see an iceberg absorbing all the rest in here it went against them But it was over three thousand. I think I mean we see three thousand executed here There was four thousand because we see another thousand here Executed right so four thousand in here icebergs. Wow, that's a lot, right? And here's our context down here people getting stopped out larger players absorbing on the other side here All right, so that's that scenario and that's what happened here Okay, but I want to go over the chain of events or order of events in here. It's in the post But this order has priority It is a market sell Once it is completely filled if it triggers stops Along the way they are secondary They are aggressive orders, but this order fills first Next fills the stops and that's why you can see them all getting filled down here at this level All right, and then best bid and offer update after that now in this case the best bid updated first And then the best offer did there was another example where the the question was why does the best offer crossover? Isn't that impossible? No, it's not because the order of events in here The the the trade happens first and then best bid and offer update Right Okay chain of events in here very similar Here's our here's our move. Here's our stop run here. Okay, just here And then that now you can see the crossover here the best offer crosses the best bid it updates Nothing trans acts in here. They just the update occurs Right then it starts to transact now that the wicked part here is This player here likely dumped and then threw his iceberg down here Okay, so he's gonna move the market and then he's gonna get filled down here to keep price from coming back up And yeah, it was over, you know, 1300 orders basically Okay, it went up kind of against him here But let's see what happened here. Okay, because we haven't we haven't seen was unfolded yet All right. Well, it kind of came down and traded into the large liquidity down here at 42 or 43 Somewhere there All right. So anyway, um, yeah kind of a nasty nasty move there due to the You know the the market sell And then very aggressively placing very quickly placing the iceberg orders down below it Hey different than this one here where the icebergs were on the on the bid side Getting filled. Okay. Here. They're on the offer side getting filled All right. So anyway, that's what that's what unfolded there. All right, and let's see here. I'm losing My track or place in the in the chat Okay, so Rob does that Kind of answer your questions on the on the both icebergs and in the fill I want to go over something about divergences in the stops to And and I want to show it actually through Bitcoin and liquidations instead I think it's a little bit clearer there But but the concept behind it and the reason I want to go over is because Tom B goes over it so Just just to maybe it gives a little bit different perspective I Just want to talk about the order flow though. All right, so we can Look at it from maybe different angles in here Yeah, so, I mean the fractal stuff is exactly the same Rob as the higher time frame stuff Yeah, it's all the same. It's an auction all these principles here work on all of these time frames Okay, so like here. Here's a this breakout. This is a small breakout of a range right here. Look at the bind Okay, pretty strong. Now, you know, where might it go? Well Likely to first off like let's take a look at the structure Likely up into here Okay, so it's just already done and there's liquidity there too if it can still find more buyers than likely up to here Okay, but in in the in the bigger picture here Well, we're in a downtrend, you know So so but in the smaller picture and you know kind of getting more fractal in here this is a range and We see some selling down here. Here's exhaustion. There's buying up in here. There's more buying in here At the top of this range They can Likely push it and retest other areas up into where it dropped from Okay, so Same ideas on all time frames Okay, we can look at our candlestick chart same ideas Okay, so a breakout of a range even this range up in here You know, there was enough on this daily chart up in this area here to push it through Okay, because I really was expecting a lot of profit-taking up here And once I saw that day when it just the other day when it it started to transact up in here It's it's gonna go up and it's gonna want to test Point of control or the top of the range in here and it's tested the top of the range Okay, and then we would anticipate there to be some profit-taking and maybe some selling Engaging up here same concepts All right, just something quick on the divergences all right, so Yeah, like I said, I want to I'll go over it with stops, but I want to go over if liquidations I love this tool for crypto If you guys are crypto traders, this is really pretty incredible thing that you can The crypto exchange is giving us data when someone is getting liquidated So I You know, that's pretty powerful information. These are liquidations here These are buyers being liquidated, but the the transactions here are sellers. Okay, and so there's a lot in here Okay, there's a hundred thirty seven thousand nineteen events. There's two hundred ninety four thousand of twelve events Okay, that's what's happening in here. That's what the these numbers signify. Here's one point three million and 12 events up in here By far the biggest is this one here. Hey pretty amazing so anyway What's going on in here or what I want to show in here is divergences in this so the concept is this We're looking for the the market is just you know here to facilitate trades basically Hey in orders And it's facilitating them here by people compelled to sell they were long they're selling they're compelled to sell Hey, they're liquidated. They're actually they're not even selling themselves that the exchange is selling for them So the exchange is forcing their hand out of the out of the market Okay, they're getting margin calls and they do not have enough to cover If it can still sell here again and It's still getting margin calls down here Then likely it's going to continue until it exhausts Okay, until it doesn't find those compelled sellers anymore Does that make sense? Okay, in fact, we can zoom in here and you can see it here Okay, because it the way the the the indicator works here the liquidation indicator in Bitcoin is It will aggregate if we kind of zoom zoom out if we zoom in it kind of pulls them apart so look what happened here Here's our divergence Okay liquidations here a lot 269,000 it goes lower and We only get 39,000 Hey, so here it trades back down and it doesn't go into a lower low here and we start to find buyers They're starting to find compelled buyers on the other side of the range here now It's liquidating on the other side So that means these sellers in here are now being liquidated to the upside. Okay, not much very little But the question is well, what it what is it like if they can get up a little bit higher? Right, what if we can get up to here? and Let's let's see if the market can push up there And let's see if it can get filled up there and it can Okay, so we can see that 29 or 23 K 31 K and then a big one here Real big one and we can zoom in and really check it out so Geez it almost looks like this is Not even correct Yeah, that's it Here's here's 28 2.8,000. Here's our 1.3 million and then here's our 17 Thousand and we zoom out a little bit and you can see three events for 1.3 All right. Now it just hit a huge liquidation in here real real big one We do we see we do we even after an event like that? We don't even get really a retest in here We just start to see sellers come in Okay, and they're pushing it now to the downside all right, so That's that's pretty interesting event right there and Yeah, so now now we're looking to see if we get We got we got the buyers on the liquidation here Let's see can we push down into here on the sell side down to this 28? 080 and get more liquidations down into these areas down here Okay, this concept here relates or Directly to the stops as well same idea stops people getting stopped out. They're not being liquidated necessarily But yeah, I don't think they are liquidations people are just getting stopped out the The exchange or the the broker would just hit market market sell and look in and get you out of your position It might be a liquidation, but it is likely just that You it's your own stop-loss order individual traders stop loss All right the same concept though Okay, and and if you're looking for if the market can't press and find more stops It's not going to find those compelled buyers on the stop run to the upside We'd look for sellers start to come in and try to move it to the other side Right and then look for it to trade and in a range. There's a couple different ways to look at it Okay, if you get that stop run To the upside up here, and you don't and you get a retest up here no stops and you start to see like selling coming in And you know big red dots I would look for it to trade back down to the bottom of the range I'm sorry. I'm ahead of myself. The first stop would be the kind of Most traded level in the middle of the range and if you get more sellers through that than the bottom of the range Okay Again This sounds complex. It's really simple and straightforward. We're just talking about The auction here and the traders within the auction Okay, we're not looking for some sort of math puzzle or equation here We're talking about traders in here at the tops and bottoms of these ranges in here now. Look at this one in here This is getting really interesting Sellers have brought it down into these lower areas here. Look at this liquid wall of liquidity down here Okay, and we're trading into liquidity here And slightly in here and we're getting buyers now Okay, back to the top of the range Now this is where I think I was talking with a slowdown last week and Let me let me see if I can Remember here About Oh, yeah, yeah He had he had a really nice image. I put I think he put into maybe in the the all markets Chat or maybe it was in the general chat and he really caught a nice reversal is beautiful and Noted it Really well with you know call outs Now there's something about The the turnaround time it takes a while typically for reversal And We're kind of have to look for and this is why you you'll see divergence why it kind of works a lot of times now Not always whatsoever But the idea is that if and we can go to Wycoff we can talk about Wycoff in here as well We're talking about Accumulation phase Okay, well sellers are hitting into the bid They're accumulating on other players are accumulating with their limit buy orders in here that keeps absorbing selling pressure Then we look for aggressive buyers to try to move it as well Well, if it can't trade down here, maybe can trade back up Okay, so here we go here is trading into all this liquidity and that transaction just took place Okay into this high liquidity boy, they're even flipping the book in here. Hey, there's a beautiful transaction and a stop run Okay, and then a larger player flip the book. This is this is again. I this is dirty stuff I I feel In my opinion, this is a flip of the book that is is is not nice And looks to be prohibitive to me So This kind of order book flip in here They trade into this liquidity here at the same price level the one thing that actually you you have to say is it? I guess it's not The prohibited outlined flip by the CME In rule Five seven five here is why because they did stay in the order book here a lot of times They'll pull this liquidity flip from bid to offer and then also dump with their aggressive order Okay, through that area and then cap it on the other side very much like how this Move unfolded earlier all with that iceberg. Okay that we saw very much like this Okay, except it would happen up here and this guy wanted to get filled this guy wanted to be short And he got got what he wanted. So anyway Yeah, the the very very aggressive flip and Yet we're we're we're above it here. Yeah, we're above it here at 40 So anyway to get back to a Reversal and why it takes some time why you accumulation and then markup phase Okay, so accumulation would be it first starts typically Just like this limit limit buy orders limit buy orders limit buy orders Also iceberg orders. Here's a small one here Okay, and then once we start to see exhaustion or lack of selling because they've all been absorbed You're gonna start to find some buyers come in And they're gonna reach for the other side of the range in liquidity It takes a while though for this to kind of unfold Okay, so in fact, this is actually trading to a new range right now So what we be if we're gonna get a reversal in here what we'd be looking for first down here is Right here at this level at 39 basically is A lack of sellers followed by buyers around 40 maybe a little bit higher and you can see it's not unfolding So we're not ready yet And Again, we're still looking for it lack of selling There's some exhaustion right there now. Do we get buyers up here though 39 and a half? No Nothing Okay, so it's can it's continuing here so far. All right. Anyway this distribution or I'm sorry accumulation Is is what we're looking for in here and this back and forth in here. So we noted the Absorption absorption absorption. Okay, there are We do see some buyers come on the other side here, but we're still we're still going lower here We're still going lower, but we're keeping our eyes peeled though Okay, so We're looking for a lack of selling Followed by buyers above a specific area here for them to move it back and retest these areas This is why what I'm trying to outline is not doing it. It's actually starting to trend What I'm trying to outline in here is the back and forth Let's say the move down the move back back up the move down The move back up the move down and the move back up and it breaks the structure The move back down and then the move back up it takes a while and on on this The transactions in here. We know what the liquidity we talked about that There'd be high liquidity in in some of these areas in here. Okay, that's getting filled in these areas on the way down Okay, and then maybe they even chase maybe they stay in the book here Maybe they even chase and add higher and maybe they add higher And then in here we'd be looking at volume dots big sellers dropping it Okay, just to pull back in here small buying and then Probably big selling again Okay, and then probably equal starting to get to equal buying on the way back up Okay, now we're looking for not so much selling and Then in here now we're starting to look for that those buyers to come in and shift Okay, and big buying Little selling followed by more aggressive buying and there it is that would be what we're looking for in here All right, we'd be looking for this kind of accumulation pattern in here, and there's your head and shoulders pattern in here as well Okay, this is pretty basic stuff, but we're talking about the order flow within it Okay, and understanding this and now we're looking for it to unfold in a scenario in here And Once we start to see that scenario unfold That's when you can put some trade management around it and look for a higher probability Potential move here. Okay, and this is exactly why here divergence happens Hey, hold on a minute This is why divergence occurs in here. You got to think about it heavy selling Hey, and let me let me I'll just kind of outline what our divergence would look like here Our divergence would look like this or CVD would look like this it would look like some heavy selling A little bit of buying, you know heavy selling And then we see quite a quite a bit of buying Equal or maybe you know a little bit more then we see a little bit of Selling in here, and then we see quite a bit of of buying Okay, again little selling in here, and then you can start to look at these areas in here. I Should have moved it over And matched it here, but your divergences are going to show up in here. Okay, it's going to show up especially in here Okay, maybe in here as well. It might all right make sense Yeah, let me I can't catch up with you Jack. Um, Let's see here. Yep. Yep exactly Lack of follow through liquidity lower levels and let's see here Massive sweep. Yep Okay. Yeah. Oh, yeah, so you're looking at the new balance image. Perfect. Yep. Yeah tag it and Yeah, I mean look We're just getting insight to the orders within the structure here And it just makes it's common sense basically And that's kind of the beauty of book map is like, you know, we're not we're looking for this scenario These scenarios to unfold in a specific way We don't have to rely on it being like well, you know It's a leap of faith in a candlestick pattern or a head and shoulders pattern by above the break of the neckline or whatever No, you don't have to just you can look at the orders in here and start to understand it You can look at like an area down here if you don't see you see high liquidity here and a lack of Selling and you see buyers come in you can get in here You know, you can take some off up here And then you can look for holding the rest for a runner You can you can get back in here again take some off again up here and hold now to for a runner Or you know, you can just get in and get in again. I mean however you want to manage it You know, that's that's where the it's really up to you and that's more kind of A bit of an art form as well about how you want to manage your trade that in your account management But yeah, that's where you want to be real careful Okay, because like oh, yeah, you might nail one But then you know another one comes in and let's say they dump and swing this way lower really quickly You know data or some something like that and you get really hurt So, you know, you'll have to this is why it takes study and this is why trading is difficult And so one the trade management part in here and in your account management part Matters a ton Hey, but this is the kind of scenario we're looking for Yeah, and Jack is talking about in here in the chat about Absorption just it just makes good sense. Look at all this absorption down here. Like do we still see more selling pressure? Yeah, we do We do do we see a lot of buying pressure in here? No, they can't even they can't even they can only bring it up to here And there's high liquidity there too at 42 And again, here's buyers coming in right in here, but are they able to lift it up into this area here? No More sellers are now we're hitting this 34 liquidity down here and there's an iceberg Okay, great. All right. This is I would say now We've come down here and traded a lot into this liquidity all the way along And we're also finding an iceberg and a stop run here. All right, I'd be looking up in here. Okay That it do we'd have to get buyers up here though. Okay around this kind of 35 and a half Okay, and then I'm looking for this to be the trapped and compelled Sellers to buy up in this area up here Okay, because it's come down as trading these levels here and there's the question is is there still more selling pressure? Okay, here we go. Let's see. We got a stop run here. Here's our divergence in stop runs And we don't have we don't have more stop runs. Okay, let's see. Do we get buyers in here? Let's see right in here and the first stop would be up here and I would take some off Okay Now these are tricky like, you know, if you're looking for a reversal like I said, it's tricky Because it takes a while for these things to unfold So we're looking for, you know, trying to nab one and like maybe reduce some risk up here, you know something like that. Okay, so Let's see it. There's if we get enough buyers up here back at 33 and three quarters We should get them move up to 36 a retest up into here Okay, we have our reasons to it Okay, here we go and now let's see these buyers move it Okay, I'd love to see more on the bid here and the reaction to that be more buyers in here Let's see it. Yeah. All right. Let's get it buyers No, not not seeing them not seeing them Right, so like I said, these are tricky But they started to buy and then our our Delta indicator here It started to show some buyers and then sellers came in right here This is what we saw first and we're like, yeah, it's not bad and then look at the sellers come in Right, and then if you aggregate these together you get a red dot right, so they're Basically, there's just more selling still. We're not not ready yet. Yeah. Yeah, the the liquidity jack. Yeah, exactly there's two types of absorption there the Limit orders and then icebergs which are basically just hidden limit orders. I mean basically The tip of the iceberg is is showing. That's it though. All right. This is this is actually still on guys like if we can You know, we had selling coming in but I'm looking for buyers up here again at 34 and I'm not seeing them. I'm not seeing them yet So but if we do then we're gonna take a look at the order flow And see what the see what the limit orders look like in here. Okay, Rob. Yep. Sounds like you're kind of working on your strategies looking for specific stops in specific areas Okay, look for it guys look for these buyers up here. There they are there. They are now first stop is probably gonna be up here. I Mean, it's already traded this liquidity here. I'm still there's enough buying pressure though now I'm looking for them to take it higher here up to I would love this guys these guys to be in here. They're not they're they pulled So I don't know still looking for 37. I like that the level here Makes sense to me and then the next one to be 39 up here. Okay? So this is starting to turn into a flag pattern Impulsive move pull back followed by it now. We're looking for another impulsive move here up into 37 Joe, thank you. Hit the like button guys. If you like this hit the like button Helps us out a lot and say what do you guys want to go over? You know ask questions in here That's what this is. This is for here. We've got the 15 minutes left Yeah, Joe Jack sounds like you've been reading the 575 guys you should check it out like I I I highly recommend it You can visualize the order flow for it. Just do a search in here You want the PDF? They kind of messed it up a little bit and Just do CME 5 rule 575 disruptive practice I want the PDF though Yeah, download Let's just put PDF so it should come up Looks that looks like it. Let's see. Yeah, that's it here I'll put this link into the chat for you guys read through it You want to understand order flow and what's happening in here? You and we can we can visualize it here during these sessions if you like So But this will really help you Read and understand order flow in here okay The other day a trader was asking me about flip of the order book. It's in here It'll describe it. It'll describe it. Let's actually look for it. It's called. I think Flipping is what they call it. Yeah, here it is flipping question number 18. What is flipping and our flipping orders? Prohibited by rule 575 and then just you know You can you can understand exactly what they're talking about in here a flip typically has two main characteristics First and let me let me make this bigger so you guys can see Okay First is an aggressive order Second shortly after the entry of the order the market participants cancel the order on the other side of the market typically at the same price Same price level as the aggressive order The market participant for example has flipped from offer to bidding at the same price level And you know, that's exactly what we've been covering Okay, so they pull and then on the other side they flip the orders I mean you they can they they say market participant can change their mind or whatever in here But doing this aggressive Flipping disruptive practice in here Is not It's against it's against the law it's against the rules Repeated instances of a market participant entering flipping orders That are each large enough to turn the market Sweep the order book See look at all the and you know, we can read We can use all these all the terminology in here. This is proper And this is what we want to use to understand the auction in here Okay Sweep the entire quantity of the order book in a particular price level and create a new best bid or best offer price With any remaining quantity from the aggressor flipping order Anyway, yeah, check it out. It's in the chat there and I'll put it in discord as well Hold on a sec. Hey, slow down. I'm sorry. I missed you in there earlier. Okay I've been just chatting away here. So yeah, there you go. I'm the regular Bob Ross for the Level of artistry in here. That's a happy little cloud Yeah, yeah, so guys, I mean look at this. I mean like there's just a lot of selling pressure in here We're looking for the potential move in here higher and It just didn't unfold like it looked perfect for a flag pattern in here We just didn't get it. We see more selling pressure and they're still going lower This is another thing that you just want to be aware of in here Is this a significant level in here, right? We're kind of have this myopic view right now because you know, we're going through the order flow You know in a quick pace And we're looking for something specific in here However, when we start to merge this with higher time frames It it becomes a lot better All right, so let's take a look here. All right. So for example higher time frame here not bad actually right now Not bad. Here's why here's our swing on the hourly. Here's where the buyers came in and move that market higher Here's where the sellers are coming in to retest these areas in here. So it's a zone I would look for first around this 41 27 and then lower here probably around 41 20 Somewhere around there and then I would be looking for our buyers to come in. So here's our 27 level here in bookmap Okay, and look at all this liquidity getting filled in here and we're seeing our buyers already Okay, so we're gonna get some profit-taking we're gonna get some people getting stopped out on the move to the upside here, too Okay, so we get enough buyers now. I'm looking for 32 and 3 quarters here next level Okay, pretty strong buying so it's not you know on these kinds of moves in here after a really strong move You don't get a pullback a lot of times Hey, it just it just comes right up here And that's what Carmine was talking about the other day, you know, he was He was talking about you know these big swing moves in here And a lot of times you will not get those pullbacks. It's actually gonna give us one here Okay, there's our pullback Okay, now are they bidding up in here a little bit? Hey, do we get sell it buyers up in here? Let's see it big big green dot and then pull it right up here. There we go now Here again, we're looking for our big green dots. Okay looks pretty good Let's get let's see a little bit more here, and then we're looking for 33 Okay, now let's look at the condition of the order book to this matters There's liquidity here that has not pulled here at 30 and a half And they haven't really bid up too much. They bid up here That's about it now. They're starting to now. They're starting to bid up here. Look at that. All right. Do we get in our buyers? Yes, are they starting to pull here? Not really They'd be better if they started to pull here, then we look for it to zip up to 33 pretty quickly It still looks good though still looks good Okay, can you guys see the difference in here? Why this is like, you know looks stronger? This looked pretty good, too Okay, this look look at the the volume dots here compared to here though right and We have a higher time frame that we're looking at Higher time frame level. Okay, so we had to kind of step back and look at this in here And these levels in here, which is a zone But anyway, just you have to be patient and wait wait for that I mean here also, you know our 33 34 Up in here that would be the first area. We'd look for it selling pressure still came in Still went lower still took it lower here. Okay. Thanks. Thanks, Jack. Yep. You got that image that you're talking about. Yeah Okay Yeah, I really want to buy not really. I'm just looking for the This this kind of phenomena to unfold here that that's all And in fact, I really to be honest, I really like to just stay with the trend until we see something different and And then and then for that move to unfold when we're still I mean it's a downtrend right now There's no question Right, so we'd still look for the the bigger picture move to unfold to the downside So what but you know during this webinar here and what we're covering I'm looking for that that kind of pull back in here Yeah, yeah, no, I mean that You know even in here like on this move I mean it I can see it it makes sense like you know, here's our kind of whoops. Here's our kind of level in here You know, here's our range and we're kind of testing the top of it So, you know, maybe we won't get that flag move back up into here But if we get enough sellers in here, we're still looking for the trend to continue Okay, so Anyway, we get enough buyers up in here though. I am looking for the move back up into the top of these Hop of these areas All right. Well Nasdaq technologies. Anyway, that's what I'm that's what I'm covering here You want me to trade live. Yeah, you know Um, we we don't We don't Here's why there's lots of reasons why Uh, what are you going to learn about order flow? You know, you know, you're going to be focused on the little number by the PNL That's it You're not going to learn anything Okay, so we're covering a foundation in here about about order flow and How to read it Yeah, and this is this is a free room and um, uh, this is uh We find it provides value And that's what we're trying to do in here. Now you can take this and apply it to anything Right So look look at us back up in here Okay, so we're back up here. We're finding our buyers. Okay. I'm looking for them to take it higher Okay, I this is how I this is how I would trade this for a scalp Right here. I'm in I'm in right here And I would take some off up here Okay, if I see these guys pull up here, I'd probably pull my order as well and go up to the top of the range here Okay, and I would also have a pretty tight stop in here to be honest Okay, so I'm kind of calling it live here. I'm in here Okay, I would take some off up here now. They already pulled actually so here Let's just move this if I can move that quick enough. I would move it up here Okay Because they pulled and they're still buying pressure. I'm going to move my target up as well My stop is already at break even Okay, it's a scalp Okay, and it is a countertrend and I'm I'm I'm stopped out and I promise I'm probably stopped out for a bit of a loss there Okay Because I'm I'm sure I got slipped on that Right. Yeah. Yeah. I mean, yeah, that's it. I mean this happened This is this is this is this is exactly what happens in the market and this is what we you know Heck I might have been slipped down to here To right here It's possible Uh Yeah, I would have been I would have been so that would have been a pretty you know I'm looking for it. This was my risk reward here and I had my stop at break even but it doesn't matter Right No, this is educational. There's no doubt about it. Uh, I I like it. I just don't I mean once we start getting into this in here, we're not going to be talking about order flow We're going to be talking about trade management Right, and we're going to be talking about specific setups um, and uh, that that's and And you know what we want to go over here is like you once you start to Understand like or what we want to get across here is is people to get a foundation understanding the order flow The trade management stuff is is actually pretty straightforward Uh risk reward trade management. Um, it's not easy. It's pretty straightforward though Uh, you know, that's where the emotions really come in and that's why I said like I want to avoid the emotions I don't once we have a like a take profit Uh, or I mean if once we have a PNL, um, Output in here Everyone just looks at that Especially, you know, I'm not calling you a retail trader, but I mean especially retail traders do look at that Um, and then they go, oh, well this guy sucks or wow, this guy's amazing Uh, and uh just based off my last trade, uh, and it doesn't the last trade doesn't matter Uh, what matters is, um, the host of all trades Okay, that you you have something that is a probability has a probabilistic outcome That's what we're looking for right and that's from reading this in here reading the order flow within it Okay, so that was wicked wicked move in here now, you know, that's something also to learn from Uh, and uh, all right. Well, I didn't like that, you know, um You know slipped about two points or so Yeah, yeah about two points Uh and doing everything correctly here, but this jerk You know look what he did and I would I would have been caught up in that Yep Uh, so I I don't have any problem of covering any of that kind of stuff Uh, I just I just want to provide value for you guys for Understanding these markets and and then applying all of this to whatever it is you trade any any Any strategy right and and this is still actually in place just this guy here that that screwed everything up This is still in play Right, you can get back in if we get enough buyers up in here still looking for it You know, we're above we're above where he he's he swept the book here Right, so if we get if we can get buyers up in here, then I'm looking for 35 Yeah, no, I I understand your point. No, we I've I've um We've had um You know this discussion many times with with others And uh, yeah, it's not it's not a trading room in that sense I think it's legitimate stuff. Uh, I don't I don't want to take that away for sure um It is about trade management though, uh and um or and you know Yeah, how how you how you want to manage all of that? But the the understanding the kind of more objective part of the markets here is what's I think kind of kind of key Uh, and then you know, we we can adjust our trade management based off of that stuff So like this this player is you did it again in here, right? So here it is again same behavior. See now. This is this is what I want to cover same behavior in here Okay, so this apply that now To our trade management All right. Well, I don't like that so much. Well, okay So if that's gonna happen now this we've seen this player actually do this like a host of times It is likely the same player Uh, and if that is the case well, then how am I gonna? You know kind of change up my trade management and that's why I brought up Carmine uh earlier Uh, he he kind of changed his style up a little bit due to the environment And it was really good to hear that He's like no, I'm doing this now instead and like, you know, I'll take like a you know, three to seven point loss Um, a couple of times, but then he gets it and he gets like 50 or 60 points And the s and p 50 and 60 point move is huge But that's what it's doing these days on these on these bigger swings Okay, so um Anyway, maybe we can get more into trade management guys in in the future, but um, again, we Want to get provide this foundation and understanding the order flow and and then That can be applied to anything so Unfortunately, I got a we got to go tom b starts up. He's going to go over a volume profile And an order flow within his specific areas around his volume profile levels The um NASA technologies one of the things I did want to cover Um was candlesticks and strategies as well I I meant to do this last time Like a week and a half ago And I just didn't get to it even today. I just got sidetracked on all these things But we can understand it. Let me let me clean off my charts here. Uh, but I I think that this can be helpful for a lot of traders because it's so so simple and and and visual Is look at very simple candlestick patterns here Understand what the candlestick pattern means kind of in tradition Uh, you know traditionally And then we look for the order flow within it though because we have the details here It's like this move here has has a lot of buying in it But this we have this other look at this player in between, you know selling sweeping the book selling sweeping the book Okay, so That that candlestick pattern now has a totally different meaning All right, so I would look for this For buyers to take it back up above this guy here Uh, this guy's trying pretty hard to keep it down below 34 uh, and um But if we can get heavy buying back up in here, uh, maybe this guy finally capitulates, you know, I don't know um Maybe uh, maybe not. Maybe uh, uh, we look for the um Uh, the candlestick pattern here to the downside. We can't get above here Okay, clearly. Uh, I can't get above even this one here right now. It's a down candle Uh, here's a little bit of buying and it made a lower low here So the candlestick pattern is telling us basically we're looking for it to come back down to about 27 and a half Or maybe the lows here the the low of this candle here around 26 All right, so now well, what are we looking for? Listen, we'll we'll end on this one. Uh, and then we'll call it a day here um The uh, then in this pattern in here what we'd look for is not this we're finally getting buyers in here We're looking for sellers here around 30 Okay Then they can they can come back down and test these lower candle wicks down here All right, let's see if we get it. Do we get our sellers? Yeah, they're starting to come in Let's zoom in a little bit more. Well back up All right, so anyway in between the candles in here Look at the the transactions and look at the order book liquidity here at 32 liquidity down here at 28 and a quarter Uh, and uh, you know understanding in between Uh, and the order flow in it same ideas same concepts as some of the other patterns we were looking at Okay, so now we're actually getting that first scenario that we went through the buyers back up here Um, especially up here around this kind of 33 ish uh, and then this guy Maybe maybe he'll come in again and in a sweep the order book again But i'm looking for him to give up and then we finally release to the upside here Right and and get a pretty strong pretty strong move Actually Okay, so anyway, it's a it's a possible scenario. They're already pulling here. See them pulling Okay, and we're getting our buyers Okay, they're also a little bit on the bid here as well uh, let's see, uh Nirav, um, is the passive order sitting there a long time? Well, it does it eventually fill that pat long longer term passive order. No, it doesn't have to at all Uh, it depends on the aggressors You know, uh, are they are they trading down to it? Uh, and um Is there enough selling to trade down to those levels? Like you here we can probably best illustrate it here in stocks Okay, so, uh These guys may stay in here all day up here Okay, we don't know But uh, you know, we have these huge huge levels in here down look at 65 um 67 uh 67 and a half okay, so um You know, are they going to get filled or not? Well, we don't know but do do we see enough? aggressors up into these areas up in here around 65 66 and a half if we do then the likelihood to trade up to 67 is higher Okay, they're they're going for it that they're the again wants to trade up in this area here All right, so that's if we get enough aggressors Yeah, yeah marked us. We've had the same character with success earlier in the session. Absolutely. It did. Yeah Yeah, it did. I think it's the same buyer. It has the same kind of like um our seller the same seller in here has the same kind of um kind of Identification uh to it, you know, that's kind of their mo Uh, and you'll you'll see that uh in the order flow a specific like this guy here Did it twice here? He did it over in some of these other areas as well um Hey, that's that's the condition of the markets, you know, that's That's what it is um, so These are the players All right guys. Well, yeah, thanks everybody hit the like button if you like this, um, we'll uh, we'll wrap it up There is no, uh webinars on fri- there are no webinars on friday um, and uh, we will continue on then on on next week, but uh, Tom B is up next followed by um Let's see today. We have uh, uh John slaws us at 1 p.m. Right after that. He's uh long time crypto trade Long time futures trader turned into crypto and he's been trading crypto The majority of the time the last uh several years. Okay, so um, uh, look for uh, look for that at 1 p.m On the calendar, uh options with dug after that at 1 30 Uh, and then i'll go boys wrap it up, uh at the end, uh with, um Their room from 2 30 to 4 p.m. Okay All right guys. Thanks for coming everybody and we will uh, see you Uh, well, I'll I'll see you next week then Okay. Yeah, thanks everybody. Have a good day