 Good morning bookmap community. It is March 25th. It's Monday. My name is Charles Thank you so much for tuning in if you don't know who I am I run a community called Pirate Traders We are focused on the ES the NQ and how it moves through the two-way auction process This morning. I'm gonna be talking about the ES what happened last week. What to expect this week So buckle up. Are you guys ready? Please smash that like button Give me them thumbs up first thing in the morning and say good morning in the chat All right, so last week was a doozy A doozy of a week the market had been balancing around In what we call a balance area That is essentially just a range where the market was bouncing up from one end to the other Okay Because of the FOMC meeting on wednesday the market was able to break out Of that balance area Creating momentum to the upside Now when we broke out of balance because we did it so quickly We left behind some very thin volume nodes and some single prints Also anytime you break out of balance you are likely to back test that breakout So the combination of those things the combination of the fact that we broke out of balance We got excess and we have not back tested that balance And we have not backfilled those single prints Increases the odds in my mind that that is where the market is heading this week back down towards 52 50 Looking to turn this area Around that balance area high into support for continuation higher now There is two ways that the market can balance off the excess that it created It can pull back with price as we just discussed Or it can go sideways and use time. It can just stay at higher prices If we'd have opened inside yesterday's range this morning I would have been considering the idea that we were probably going to use time Now that doesn't mean we can't it doesn't mean the market can't reverse this morning fill the gap get back into yesterday's range And then spend enough time and bring in enough volume to continue back up towards the all-time high It absolutely can However, I think the higher probability is that it's going to continue lower and uh, you know back test that breakout Okay, so first thing this morning Let's zoom out and we'll look at the market from sort of a bigger perspective to give us some context to carry forward We'll start by looking at the monthly chart Now obviously we're not going to get a lot of day trading ideas from the monthly chart But it just gives us some kind of context to add to the shorter time frames a lot of times If you're feeling super bearish Looking at a daily chart if you zoom out and look at a monthly chart all of a sudden it changes your mind So having a little bit of perspective to start the week is never a bad idea So if we look at the monthly chart, what do we see? continuation of the momentum to the upside We have had five months of momentum the market's been making higher highs and higher lows month after month after month Every candle is green. Okay. That is very bullish to see At some point that momentum will roll over at some point this momentum will run out on the monthly time frame But it hasn't happened yet So that means we could get another month and another month and another month for all we know Okay, so it's bullish looking at the monthly time frame Let's zoom in and look at the weekly so just like with the monthly time frame If the market's going to pull back on the daily it will first do so on the weekly And we have had a lot of momentum on the weekly time frame So the market had a couple of red candles in here But what has it been doing? Regardless of that continuing With this channel up into the right it has just had more momentum and more momentum and more so once again That could continue for weeks Ahead for all we know Now if this week the market pulls back down It backfills that uh You know test of the balance area high It continues back down to the balance area low And then it makes a new weekly low on the weekly time frame Well, then we can start talking about a larger pullback Then we can start talking about a change of the monthly time frame But for now the weekly is saying Still bullish Let's zoom in and take a look at the daily time frame Okay, so now things are a little bit more detailed So we can see yes over the last few weeks the market has just been working its way higher and higher and higher But it's been doing it in a very sluggish way It's been just kind of pushing and balancing and pushing and balancing and pushing and balancing and pushing and balancing Over and over and over again So would we really be so surprised if this week was another balancing week? Would we really be so surprised if the market came down to test the breakout of balance? No, of course not. We've been doing it for the last few months. This is the way the market's been moving higher Okay. Well, should we be bearish should we assume the world is coming to an end if it starts to go down? Of course not because every time it starts to go down It turns around and goes right back up goes down turns around goes right back up goes down turns around goes right back up So on a longer time frame, we don't want to be getting bearish right up here Sure, we might need a little bit of a pullback but That might be all we need to turn around And go right back up again. Okay, great So now let's zoom in and we'll look at the market profile chart Which will give us an even more detailed look at levels that we should be considering levels. We should be interested in so first and foremost We have the single prints that we left behind on the day of that fomsc meeting Single prints often get back filled. It is very common The base of those single prints the place where the market started to have those single prints Often becomes support or resistance. So essentially traders who want to get long But they don't want to fomo, right? They don't want to chase price when they see those single prints They'll start putting in their buy orders down there and they'll wait for the market to come back And then they'll get long So the first potential support that stands out at me this morning is going to be 5267 the base of that set of single prints So maybe the market opens Tries to fill the gap. Maybe it fills the gap. Maybe it doesn't If it gets momentum and it comes down This would be the first place it could reverse and start to head back up If it were to do that that would change my mind about the need to back test the breakout of balance That would tell me that we're going to balance with time Not with price Okay So the first level I'm watching is 5267 If that cannot hold my assumption is the market needs that larger pullback with price And so then I would be looking to test this node, which was basically where the morning of the fomc was trading So that's going to be anywhere between 42 60 or sorry 52 47 and 52 32 Okay So this area in here that is the next potential support for the market If the market doesn't find support at the base of the singles It will likely continue down into here where exactly it will reverse in here. I don't know But if it does if the market comes back down in here and find support and reverses That will be very bullish carrying forward Why because of what we just talked about looking at the daily chart That every time they get a pullback they get a bounce It's a bull market, you know So pull back to back test that balance That gets a bounce would be very bullish to see Okay As far as what's going to happen today. I don't assume we would get much momentum past that If we do get a gap and go this morning and the market continues down towards those lows I assume that's where the market would run out of steam If not if we get back in this previous balance area And we start to spend time and bring in volume Well, that's very bearish for a larger pullback to the to the bottom of that balance area Okay, but I don't predict that's what's going to happen today But if we get back down in there today and then come tomorrow we get a new selling We would be bearish for continuation lower Any bounce other than that A bounce anywhere in here Would be bullish to carry forward. Okay So now let's zoom in and we'll look at the overnight profile and we'll see what we're working working with here today So the overnight inventory over the weekend is net short That means a majority of the participants were going short That's how they pushed the market from friday's low to where it currently is Now, obviously we've still got, you know, 20 minutes until the market opens so anything can happen So we can't use exact levels just yet But the first priority for the market Will be to try to fill the gap So essentially imagine all those overnight sellers They've been getting shorter and shorter and shorter trying to push the market down Imagine they watch the market open here in america and then it turns around and starts coming back up They are instantly going to cover their shorts. So that's what leads to a gap filling Okay also If they are able to open and immediately push below The overnight low that's very bearish because then none of them have a reason to take profits They might as well stay in their short and see how far they can push it So what happens in the first few minutes today? Whether we fill the gap or we fail to fill the gap We'll give us a pretty good context to carry forward If the market fills the gap we measure a gap to the previous day's low So that would be 52 89 and it finds resistance there So they can't spend time in yesterday's range. They immediately get smacked down That would be very bearish for continuation lower Or if we fail to fill the gap and start to head lower that would be bearish for continuation lower The only thing that would get me bullish this morning You know short term on the you know Intra day time frame the only thing that would get me bullish is if we pushed back up into yesterday's range Into friday's range and then we started to spend some time Bring in some volume and get above the overnight high okay Anything below that overnight high is likely to get smacked down and continuation lower because as we discussed The higher probability is that we're heading to back test the breakout Okay Any questions on any of that For zes Good morning to Lara cobean says our Mark from the uk is here. Good morning. Will ships in the house nap debbie b sheriff Nicholas Michael Tom the demo trader Cool bean says smash the like Or face the gulag. I don't think a gulag. That's not that's not pirate terms. Let's not use that one. Um Walk the play Sheena. Good morning to you. Andrew is here Sebastian in the house Carmen and q. Let's do it. I have a feeling the nq is doing the exact same thing as the es But let's take a look We'll take a look at the nq To find out price action Very interesting. Okay So the nq doesn't have quite as clean a balance area as the es I would describe its balance area high as being somewhere around 18 350 So again same idea We had the xs We need to balance off that xs. They are either going to balance it with price coming back to 18 excuse me 18 350 or We literally turned around this morning head right back up and then we know we're balancing with time Both markets have a gap Down both markets are likely to try to fill the gap However, I would say the nq has a higher chance of being able to stay in yesterday's range Because so much of the overnight inventory was inside friday's range There's a very decent chance that they could get back up in friday's range start to spend some time start to bring in some volume If they do that they could convince new buyers to go long So I am a little less bearish on the nq for a gap and go that I am on the es I would say if the market gets resistance on a gap fill So 18 500 gets resistance there Or it gets resistance at the half back from the overnight, which was this large node right here We'll call that 18 5 35 If it gets resistance at either of those levels that would be bearish for further downside continuation But if it gets up above 18 5 45 It is likely to bring in new buyers So it'll probably go sideways for a little bit if it gets above The overnight high if it gets above 18 605 that would be very bullish for continuation to the upside So I think you're gonna have to be a little more like water With the nq today a little more nimble on your feet because anything could happen We got 12 minutes till the market opens any questions for the pirates Hit me up in the chat Please smash that thumbs up We got 97 people hanging out but only 39 likes Half of you are holding out on me We don't like you Charles. No button for you Sheena says is the back test area the same as the fair value gap? Um, not exactly So if you're talking about value areas Um, you know, the value area is actually just below the base of the um spike up At 52 67 So like I said to me if the market wants to balance using time That's where they would do it right there and then go sideways Okay But if that fails it has nothing to do with this value area It has to do with the uh the breakout of balance Which is just the daily ranges in here It's very very common when you break out of balance you come back down And just kiss the high again And then head right back up It was also the fomc day Which means it was a very emotional market And we also left behind a lot of weak references as you can see between uh 52 33 and 52 41 So all of those things are magnets The emotional move because of the fomc the breakout of balance And the weakness it just all compounds to significantly increase the odds. That's where the market needs to go For one final visit And like I said the thing that would prove me wrong is if we start to spend time bring in volume inside yesterday's range And then get above that overnight high Otherwise I have a feeling She's going down I got a feeling I'm sorry. I'm so sorry Cool bean says what is your favorite rum based beverage? Well, it's not very fancy, but a rum and coke Is the best rum based beverage But I stopped drinking them when I was like 25 because I started getting crazy hangovers It's just too much sugar Jay says thank god. It's monday and the casino is open Nine minutes j nine minutes Thank you ravi Any questions from the chat anything I said didn't make sense Does anybody want to dispute me and thinking i'm wrong? Thinking they got some information to share Put it in the chat if you dare Halorie says with the effect of vana we can see today a bearish day Is this like window of weakness or something like that? who knows I'm more focused on price action, but maybe you're right A debbie b says charles. Can you tell me again what you see that we are headed down at the open? so What tells us we're going down in the open? Well, first off the context of the pullback with price So once we created the access we're either going to balance it off with time Or balance it off with price. So step one We have a gap down that tells us we're balancing it off with price more likely not a guarantee, but more likely So for the market this morning There's basically one of three scenarios that would take place Either the market would open and immediately push down below the overnight low like just like that boom It just goes Okay If that happens We would watch the overnight low for resistance If that overnight low turns into resistance if new sellers start to pile on down there That is bearish for a larger pullback Okay, that is a gap and go Why is it so bearish because all the sellers from the overnight? We'll hold on to their shorts. They're not going to get out right away if there's new selling So then you've got new FOMO sellers joining on this morning And you got longs from last week that are starting to have to cover Right Adding to liquidation that is just very very bearish the most bearish scenario you could get All right, the second alternative would be the market opens and it starts to fill the gap It tries to get up to yesterday's low But it can't it gets new selling somewhere inside the overnight range where exactly I don't know We'd have to just wait and see but somewhere between wherever it opens and the previous day's low Okay, if we get selling in there that is also a gap and go it means only some Of the overnight traders took profits and or you know exited their trades and new sellers piled on again Same scenario bearish to see as a gap and go The third scenario would be the market works its way all the way up to the um Previous day's low that would be the least bearish but still bearish This is what you must understand filling a gap isn't bullish Right, if it's a gap down just getting back to the previous day's low does not mean the market is bullish It just means those overnight sellers are getting out of their trades Okay, but that's giving regular trading hours sellers an excellent location to get short It is also giving regular trading hours gap fill buyers A location to take profits So if we get up to yesterday's low that is the least bearish scenario, but it is still bearish If we get resistance there We look for continuation lower And the only scenario that that changes things is if we get up in yesterday's range and stay In yesterday's range Take a look it's in price action A nicolas says upside hypothesis. So again Just to repeat it one more time if we get above the overnight high Right, so if we get up in yesterday's range and we start to spend time and bring in volume And we poke above the overnight high that is bullish Okay And then we're looking for support to get new all-time highs Because one of two things is happening. We are either balancing off the excess with price Or with time If we're balancing with time the first thing the first signal we would get that that's happening is getting above the overnight high If we get that signal well, we want to be buyers because by balancing with time the next target to the upside is the all-time highs But that is the least likely scenario in my mind As of now still possible Never say never But least likely The idea being if they wanted to do that if they wanted to head back up to all-time highs, we should be opening Inside friday's range today not with a gap down It is very very common for gaps to fill on mondays. That doesn't mean it has to fill immediately But it is very very high probability that it will fill So we're just going to monitor it one ticket at a time Does it get below the overnight low if it does do we get resistance? If not, do we get resistance somewhere in the overnight range? If not, do we get resistance at yesterday's low friday's low? Don't you know Two minutes till market open It's getting exciting Boo. Good morning to you bill is here Cool bean says just tell me what to do charles So I do not have to think I know he's joking But um that is I hate that That is not what i'm doing. I'm trying to give you all a context to think for yourself I won't always be here to guide you However, this scenario will happen many many times in the years to come If you're going to be a trader you're going to see the market create a balance area You're going to see the market break out of that balance area and get excess and then you're going to see the market either Um, balance off that excess with price or with time yourself So use the lessons I discussed today to understand the context so you can use it every time it happens forever and ever Always and forever Break out and back test Boy, I'm on one this morning All right, the market is open So i'm going to zoom out here with um book map now that the market is open And try to get some context with liquidity Where are the large nodes of liquidity that are jumping out at me? That seem like they're really important So the first thing i'm seeing is earlier this morning. There was a very large pool of liquidity Up here around 53 30 They disappeared it and instantly moved it down So that tells me they didn't want a larger pullback in the overnight market. They wanted to keep a magnet above To stop the price from running away too far But now they do want that momentum in the regular trading hours So as long as this giant node Remains here at 52 50. It increases the odds in my mind. We will get a gap and go Because there's a big old magnet down there pulling on price now. Will it stay there? No, of course not It'll disappear just like that at some point today But as long as it is down there That means they don't want the market to get back up in yesterday's range and spend a bunch of time They want these sellers to remain in control Let's see what happens So i'm going to mark some potential resistance levels here inside the overnight range again No idea where it'll flip but if it does that will be bearish to see The first is going to be the half back of the overnight range That's right at 52 84 The next is going to be just above At 52 87 where you see this node of time and volume and then the last will be Just inside yesterday's range The market reversing at any of those levels will be bearish to see Until then the higher probability is that they fill the gap Fighter pilot. Good morning to you. He says have a good trading week Be the best trader you can be Excellent words of advice. You guys are laughing. You're thinking it's overly simplistic. This is the way Right. You're not in competition with me You're not in competition with the market You were in competition with yourself from last week If you can perform better this week than you performed last week You're heading in the right direction Good morning willy t John wick in the house John wick says what software is it on the left? It's called market profile software It is from a company called window trader Window spelled without a w at the end Percy in the house. Good morning to you. How we doing on likes? 62 likes 145 people hanging out if you have not yet Please smash that thumbs up button sure would appreciate it Good morning. Kyle John says do you use footprint? I do not because basically volume profile is the same thing as footprint but um You can't absolutely use footprint on book map If you want to And it'll give you the same information, which is just essentially how much volume trades at each level You can also set it to tell you the delta and everything else the the settings are insane The the different things you can add But I already got that information on my market profile chart. So I like to keep my book map as clean as possible The main focus for me on the book map is the heat map So that is essentially where are the nodes of liquidity? The side over here on the right that is the current order book So i'm comparing what you know Where was volume in the current order book compared to now? And you can see it on the heat map and that helps you to understand when there are changes in the market The markets are heavily driven by bots and those bots use that liquidity To make decisions. So if you see changes in liquidity, you know, there's going to be changes in price I also like to use the stops and icebergs indicator It's another way to see the bots when they're botting it up Speaking of which they're botting it up right now Button it up real good Good Real good. Okay, so this is a very exact high that they're creating here Technically it's good taper But it is a low volume high and the fact that so much volume is trading exactly at 52 81 Tells me even if this holds this resistance right now, they will likely come back up for it So I would be cautious shorting this If I were to get short, I would immediately move my stop below my entry if it got to move lower Because I don't think this is the resistance yet I think this is bot shenanigans They're trying to get people long and get people short so they can push it down and then whoosh take them back out Bot shenanigans John wicks says market profile does show volume. Yeah, so the nodes that you see Right here So this this is the profile for this morning so far The node that you see on the furthest left column that is going to be the day's volume throughout the day The the column in the middle is the volume for the current 30 minutes Obviously, it's the same right now because we're in the first 30 minutes But that is the volume profile for today And then there's not a lot of volume up here Cumulatively because we're at all-time highs, but there's also orange volume over here on the left of the screen Which shows you the cumulative so all the last few months combined together And to my way of training that's all the information you need Yeah, see this this high is very weak So they're trying to convince you it's a gap and go, but I think it's too early I think we're going to get some chop here Some gap and chop Oh the bots love the gap and chop Tom says Charles, what are your thoughts on trading the open in general? Do you prefer to wait an amount of time 30 minutes 60 minutes before trading? So on a day like today, I will take trades right out of the open When the market creates a gap there is always a potential for a gap and go again. I don't think this is one I think this is gap and chop. I think they're faking out a gap and go right now but technically That moment that I was talking about earlier if I saw that you know that taper and volume and that resistance holding that would be when I would get short But I'm not this morning to get me short now. They'd have to get below the overnight low and get new selling there Otherwise what I think is probably more likely is they'll just poke below and then come right back up for the high So I don't take trades based on any particular time of day I take trades based on whether I understand what the market is doing Right So on a gap day, I might know what the market is doing one minute into the day if it's a gap and go Or if I'm looking for a gap fill trade if I think there's a high probability that they're going to get to the previous day's high or low I could get in the gap fill trade the moment the opening bell rings but I must first feel I know for sure what's happening either way before I enter trades Um when we open inside the previous day's range It is very uncommon that I take trades in the first hour because I need more information to work with but on a gap day Boy the emotions are flowing right from the opening bell And if you can read them you can understand Hello, good time. Always happy to see a good time Uh jay saying the nq took out the overnight low Let's take a look Oh, yeah, nq's bearish mba ba ba ba bear Okay, so now the question is You know, where do they get a bounce? And when they come back up, can they turn either half back? Which is currently at 18 450 or the overnight low 18 460 can they turn that into resistance? If they can monitor for continuation lower from there if they cannot If they come back through the opening price now Now that the sellers have taken control if they come back through the opening price, they will likely get a gap fill So on the nq the sellers must remain in control And keep that momentum going Yes, still feels choppy It's so choppy Oh so choppy With the bodies are buying the low So here's more bot related information from the book map As the market got to this note of liquidity that was sitting, you know, right where price currently is they disappeared it They spoofed it. They did not let it fill But what did they instantly do started to add more liquidity lower So they are trying to get a magnet to pull price down That's bearish to see Debbie b says i'm gonna hang out with you at a karaoke bar. No, no Only on the internet Not in person where I can see people's faces as they listen to my shrill voice Jay says the advanceers versus declineers are still at plus 8 20. Let's take a look Yeah, but they're heading in the right direction. It's looking bearish I'd be more focused first thing in the morning on the ticks the advanceers versus declineers in the breath take a while Before they really give reliable signals But the ticks should tell us if we're getting new selling So this is you know chop, they're going to keep passing up and down through the opening price But if they keep the ticks below the zero, it's more sellers getting in than buyers And we want to be aware of that information I'm guessing here. I don't know for sure, but it feels like they want to make one more pop through the the high and then come down And so what happens with the tick when they make that pop up will tell us what comes next Book map is just saying this is shenanigans folks They're trying to get you along so they can stop you out. They're trying to get you short So they can take your stops too One thing that's very valuable when the market is in sort of this this bot shenanigan zone If you have the icebergs and stop setting on book map Often whatever low will end up holding again. I'm just talking about minute by minute You know intraday, whatever low will hold will often be where they take out a large single order of stops They took out 148 stops from one poor schmuck And then that wasn't enough so they came back to get 160 from somebody else and then now they can head back up to the highs So that as they do everyone's buying they're buying they're buying And then they reverse and do it again And they take out all those stops that are just above The current day's high. So everybody's got their stop up at like 82 75 83 So now they poke back up they take them out and they reverse and come back down. It's bot shenanigans you guys It's computers playing games with our heart Quit playing games with our heart computer With our hearts No, I won't I won't Jay says the nq got a look below and fail the overnight low. Well, that increases the odds of a gap fill for the q Yes, sir. So they needed to hold that opening price Now they just squeezed all the sellers from below there Increasing the odds they're heading up to 1800 and we will look for new sellers there At the gap fill. So there's your first set of stops taken out at the high 245. Thank you, sir. May I have another? There's more stops up there Sheena says would you put a stop above a short? Yes, those were buyers that got stopped out there So the market opened And it started going up, right? What was the first move the market did to the upside? Right, then they made that really exact high and they came back down And they took out these stops down here Those were buyers that were going long on the way up with their stop below the low So it came down. It took out their stops Right and it squeezed all of them And now it's turning around. It's going back up Okay So now anybody that was selling On the way down They're fixing to get squeezed right up here around 83 And it'll just keep doing that. It'll chop up and it'll chop down It'll chop up it'll chop down It'll do it for hours if it keeps working if they keep taking out a bunch of stops on both ends They'll just keep reversing and doing it again and again The market this day loves a gap in chop Because everyone is emotional on a gap day Maybe they're in a trade from friday and they're feeling like they're wrong Maybe they're just looking to get into a trade for this week and they're desperate to get into a position And so if the market just keeps going up and taking out the stops and going down and taking out the stops Going up and taking out the stops. It can just chew up stops on both sides For however long it works until it doesn't work And then the market starts to move in whatever direction it's inevitably going to go I'd like to think about the market like it's an animal that's like hungry And it doesn't care it'll eat you know longs or shorts It just wants to eat as much as it can and it'll behave in whatever way it has to behave to get the biggest meal it can If chopping around an opening price When you gap down lets it eat a big hearty meal It'll just keep on chopping Let's take a look at the queue see if they filled that cap Not quite yet. They're looking for one more little push on the queue Look at them. Look at them reversing in exactly the same places before Boy the games they will play So I literally have the exact same Comment I made the last time it's resistance. It's bearish But if you're going to short here move your stop below your entry immediately Because they are likely to push back down through the opening price And then they are likely to come back up once again Because of the exactness of that high Oh So choppity Michael says I'm new here. Are you on book map every day? No, sir. Just Mondays and just for another three minutes The rest of the week I do the first hour on a private live stream called the pirate traders brigade You can see up in the top of the screen. You just go to pirate traders.io forward slash join It's 10 bucks a month and you can join the party Can listen to my terrible singing every day And apparently look at my terrible hairdo Okay, I suspect we're gonna get a news drop here at 10 a.m. Anyone from the chat want to tell me what it is I'm seeing that liquidity get thin on the book map The day trading bots are turning off. Be boo. Be boo. We don't want to mess with a news drop. Be boo. Be boo New home sales 10 points for tony So if you're not familiar with the concept there are different Day trading computers that do business at different times There are sort of bracketing bots bots that are just in the market all day every day Picking up pennies in front of a steamroller You know just little moves here and there making a few bucks and then there are a whole different set of bots Which just read when it when news is dumped They read the news very quickly Instantly and then they enter trades Instantly and they try to make money off the volatility like in that moment in that minute that that news comes out We can see that that's happening When we're looking at book map because the liquidity will start to go dark You see that how it was like all this liquidity And then now just most of it disappeared So that tells us that the one set of bots turned off Because in one minute another set of bots is going to turn on An interesting thing about this is any liquidity that stays When the book map goes dark is likely real sellers So there is somebody with a real order up here at 85 looking to go short And they ain't afraid of no news So here comes those news bots to give us a little volatility New home sales good or bad Longer short By or so Man jay was on it jay. Are you a bot? Well, you read that quick Okay, so the market just created what we call a poor high That increases the odds even if it pushes away It is likely to come back once again So that tells me there's a high probability. We're going to poke through this high at some point Yep, that guy changed his mind. He saw the poor high too. He's like, uh, nope. Actually, I don't want to get short there He's worried they're going to get a gap fill Hmm All right, well, this is the end of the stream here on book map I hate when it happens like this when we're like right on the edge of our seats not sure what comes next I always prefer to be able to give you context for the rest of the day So if you were to put a gun to my head right now And tell me that I got to make a decision about what's going to happen today. My guess is We're going to poke up and fill the gap to 52 90 Find resistance there and then head back down for the overnight low There is also a very good chance of resistance at uh, around 85 And that's because of just like I talked about down here How when they got down and they took out some big stops, that's where they were able to reverse The same thing could happen right here Above the a period high There's a lot of stops up there everyone who's been shorting so far today has their stops right up in there So it might be that's all they need is just to poke up there Take out those stops and then reverse back down if I were to see that happen If I were to see that they took out some big stops and then immediately reversed like they did at the low Anything below the opening price would be sellable for continuation to the downside in my opinion But Probably they're going to fill the gap and then the sellers will step in But again, it's just too soon to say So head on over to the private stream Brigade members and we will figure it out there together Thank you very much to the book map. We will see you all next monday Enjoy the rest of your day. Enjoy the rest of your week. Make as much money as you can Members of the brigade. Let's set sail