 The broadcast is now starting. All attendees are in listen-only mode. Good morning, traders. Okay, welcome to the Bookmap platform. I'm sorry, the Live Order Flow Advanced Analysis webinar. This is Bruce at Bookmap. Let's go over the risk disclaimer. Trading futures, equities, and digital currencies involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The goal of the webinar here is to back up our educational course and our content. So you guys are subscribers or owners of Bookmap. So you have access to that four-part educational course. You can log into bookmap.com and you'll see it under the tab there for getting started and education. And then the goal of this webinar is to back up that education and uncover order flow phenomena that we see, that Bookmap displays. Start to very objectively go through a process of reading and analyzing that order flow. And then based on that, we start to anticipate future price movement. Okay, so that's the goal here. And to answer any questions that you guys have and to support you. All right, so let's jump into Bookmap here. I was covering the previous webinar. I couldn't wait to talk to you guys. So let's take a look here at some of the higher timeframe. This is what we've been looking at over the last few days. Okay, this area here of them supporting price above this 7140 area. Okay, we found both yesterday and the day before that. We saw some really interesting stuff in the order flow. It's always a little different here and there. But this is what we saw. So let me cover it. On, let's see, June 5th on Tuesday, we started to note them starting to get long, I think, in some of these areas around here. I can't recall exactly. But price dropped down. And, you know, I might even have been up here in some of these areas that there was a lot of liquidity and they were stayed in the book and they traded and it was quite a bit. And, you know, the larger players like that, they can allow price to go against them. And they just, nothing really occurred. You know, and we're looking for, all right, well, based on that, it would be great to see it come down a little bit lower because there's going to be a lot of stops down here. You know, one, two, three, you know, four, five, maybe times that it kind of came down into these areas here. And, you know, looking forward to maybe knock some of the players out and then to see it go back up to the upside here. Well, we didn't even get that, right? They're supporting it before that. And we get more buyers or lack of sellers or combination here. This was after the webinar basically and then the nice move to the upside, okay? So, and we ended the webinar saying that, yeah, they're supporting it. So, it looks like it's going to go to the upside here and, you know, start to target some of those areas, the high of the day here, for example. And it climbed above that. And next day, same story, same thing. They started to layer in here that, you know, here's our 930 open right here on this candle and it started to come down in these areas here. And again, they were starting to layer in and, you know, get long in some of these areas up here. Price went against them though and started to find buyers at the bottom here. And, you know, looking for a target up some of the highs here and we were, you know, looking right at it at the high of the cash session, came up to it and then came right back down. So, we started to note that there was some weakness here. But where did it go? It went down to this area here and that higher time frame. And kind of where they initiated here on the buy side, at least this half hour candle is pretty big. And we found the buyers again. So, the rest of the day, pretty nice move to the upside. Look at the order flow now. And we're looking at, what we're looking at is just like the candles and the speed of the candles and where they initiated some of that buying and selling. And then we're going to take that same process and look at book map, okay? Basically, we do it in reverse. We look at book map. We understand the order flow. And once we start to understand order flow in basic market mechanics, you're going to see it on your higher time frame. And so, we're actually just taking that education and applying it here. And now look at the sellers now, okay? And why did, I mean, they're definitely in control in some of these areas up here. And these are strong moves, right? So, looking again for the 7140 here, okay? So, we've already breached it, okay? We came down below it. We found our buyers, okay? Or at least we found maybe a lack of sellers as well as people covering, right? So, that would be some of the buyers. And, you know, in a move right back up into, well, not too much of a move back up, but then we're starting to find those sellers come back again here, okay? So, on this higher time frame, it looks like it wants to come right back down and test the low here. Or at least breach this 7140 area here, right? So, again, the same analysis that we've been looking at over the last few days except for something's different now, okay? And it's targeting, target is this area here, okay? And that's what we're looking at for the last few days. Anyway, just covering bigger picture stuff and we saw the order flow in this bigger picture, right? And that's important because we can use Bookmap that way to start to understand order flow in some of those areas. All right, let's open up some of our indicators here as well and get our VWAP up here. Historical VWAP, which is this white line. We also have a point of control, which is a blue line up here. It's way up here, okay? And, all right, well, let's take a look at our bigger picture here, right? So, here's our 930 open right off, you know, in the beginning of the open here, moved to the downside right into high liquidity where they were waiting already for quite a while, as you can see. Looks like these larger players pulled here, added lower, stayed in the book. And then, also, we're starting to add lower and you can see this guy here. Most likely, same players pulling and adding lower here. And anyway, sell off right from the get-go, return back to where that selling began and we found more sellers, okay? And real nice, strong trend here. Probably, if it's not as strong of a trend, you'll get a retest back up into where it broke from here, okay? And we don't get that, right? So, this is a pretty strong trend to the downside. The pullback is pretty shallow, okay? And then, we get another breach here, a little bit more of a pullback for sure, but then we get this nice follow-through to the downside, okay? Right into the area where we've been looking for. The last few days are a 7140 area. Let me mark up that area, okay? Somewhere around there, okay? Other areas to look at, well, it sticks out pretty quickly here, are some of the swings, because you're going to see some volume in these areas here and then a low volume node here, because this is where it broke from and volume is trading back up into that area here. And let's see if we... What else is going on here, okay? You know, we can look at maybe this area up here. Why am I interested in it? Primarily, two reasons is the... There's another swing up here. I don't really like it in terms of low volume pullback or whatever. In fact, I would prefer this area up here. So, let's zoom out a little bit and see what that area looks like. Yeah, that looks pretty nice up here. And you can see why. Here's the 930 open and all this kind of sideways action and then the breach, right? Or maybe even this swing here, okay, at 82. But 90 looks pretty nice as well, all right? Okay, so the... I also like this not only because of the swing here, but the VWAP is right here, okay? So, a few points above. Okay, so that could be a real nice target for the aggressive buyers or the sellers to get short in some of these areas here. All right, so some bigger, you know, higher time frame analysis here. And yeah, let's also take a look at the kind of bigger structure here. Well, you can see that some sideways action here. We just made a higher or low, okay? And we're making it... We made a higher high above this area here, okay? So, for the moment, let's just take a look at the volume and who might be in control here. There's both buying and selling, but this is pretty nice auction here, pretty strong. I'm looking at the size and consistency of the dot. And you can see it's larger than these other areas. It makes to pull the market up out of these areas, and the movement is good at several points, okay? From 71.50 on up to 60, all right? So, a 10-point move. We came back and, you know, dropped right back to where this area is here and at 45 and found again, the buyers started to step in on this side here and pull that market up. Based on that, let's take a look here because it's really both here. You know, the color and size of these dots is like it's both buying and selling here. Don't really see a big distinction between the two. But it's just a lot more volume, for sure, as you can see. A lot more buying over here. You can see it in the color down here. And if we zoom into the dots, we'll be able to see it as well. Yeah, and you can start to see it in these clusters up here and then some of these areas down here, okay? You know, it just looks a little more green than red. All right, so buyers in control in those areas here. And we could probably mark up another layer here at... What was it? Was it 45 that I liked? I think it was. Now, well, we got the figure here at 50, so that'll be good. Let's put a... Yeah, it was 45 down here. I like this little area here, too. Okay, so we got a bunch of different lines to take a look at. And let's zoom back out. Okay, well, here's our pop to the upside. All right, and looking for this area up here where our line is at 74 and VWAP as well. Okay, let's see if we can get a second leg here. Okay, for those buyers, nice move. Okay, several points as well. Okay, volume looks pretty good. There is a lot of selling in here, though, too. You know, it's the color. Maybe we'll just kind of come back down to where we broke from here and go sideways for a bit. Okay, that's one scenario. Another scenario here is testing or getting that second leg here. Okay, and measured move would be really nice area up into that VWAP. Okay, any questions? Any questions about the last few days as well? Does it make sense, you know, seeing some of these moves in the order flow and then being able to extrapolate the meaning from the order flow and the phenomena, really, that book map is uncovering here, but then extrapolate that into those higher timeframes. It's the same stuff. And it all starts, you know, with that microstructure. All right. Well, yeah, just some sideways action here. Let's see if we can... I mean, just go in sideways. Real no kind of insight at the moment. Let's see if we get some sort of skew in the book here to give us some insight, like if they bid up or maybe lower the offer. And then we see the reaction by the aggressor. Okay, but at the moment, not really seeing much here. All right, let's see if the... Let's see if we just had sellers come in, but we're right back in the middle of the range here. Let's see if the buyers can jump in on the other side. See how they're exhausting out here on the buy side and we're finding sellers here. And so, yeah, here we go. One more rotation down and we're finding more sellers. We're looking to hit that bid, looking for a return back to where we broke from down here then. Okay. I was just thinking that perhaps if we reject here, come back up and it's exhausted out here, but if we find nice cluster of buying, this would be really nice to then return back up to 7,170. Okay, instead it just followed through. It exhausted out and then we found more sellers hit the bid. Okay, so that's why we're lower here. Okay, still bullish though. Okay, and in fact, let's see if those buyers start to rotate back in now and let's see if we can get back up into some of the range up here. Okay, so you note how they're starting to... Well, we saw them starting to show some interest down here around 62. Okay, let's see if they can rotate in now. The buyers hit that, or lift that offer. Here they come. Okay, target is 7,170. And what we need to see is significant buying. Right, and we're starting to see some of it. It's starting to creep back in. Okay, but we need to get where they just drop from up here as well. And we need to see that buying pressure. Okay, here they come. And let's see if they lift that offer now up into 7,170. Okay, it looks pretty good. See how it takes a rotation or two like this? S&P would do this like four or five times. All right, let's see if they get it here on this rotation here and let's see the squeeze to the upside. Okay, not yet. Right back in. I thought we'd get it on this rotation. We came up to 68.5. Still looking for it though. We'd love to see them lift, you know, raise that bid up a little bit here and see the reaction to that. That'd be nice. But, you know, we haven't been getting too much of that lately. Last few days just kind of goes back and forth and the aggressor pops in just like this. Here they come. All right, now let's see the significant volume here on that buy side. Come on, guys. You know you want it. You know you want to get it up here. I mean, you can kind of feel it in here, but then some rotations back and forth. They just don't follow through yet. You know, and this brings up a good point. This is actually something I've been wanting to cover for quite a while. You know, we're reading the order flow here very objectively and going through it. Now, you know, the tape is telling us. The limit order book is telling us. The transactions are telling us. Microstructure and reaction to all of that is telling us what's going on. A lot of times, you know, one of the best ways to get traders to commit is by, you know, we're looking at the overall of the order flow and looking at some of the specifics to go in that direction of the overall order flow, right? And that's why we're looking for this move to the upside. Now, where are they wrong though is a really important thing to look for and look for the signs in that as well, okay? So it might be someone, a large player comes in and just slams and just, you know, hits the bid extremely aggressively, okay? That may happen, right? We don't know if that's going to happen or not. And it will trap a lot of traders really quickly who are, you know, on the other side. Here's our move into 7170. So target reached. And let's see what unfolds after that. You can see the sell-off right back down into the range though. Oh, here they come. Now they're starting to bid up here, okay? Now let's see a little bit of reaction here. What's the reaction? We find some buyers. Yeah, some. There we go. Let's get a higher than 72, 73. VWAP up here at 76. Anyway, the point I'm trying to make here is advertising in the tape, okay? By the larger players to make something look good. And it's one of the best ways for larger players to get what they want is advertising in a direction. And then, you know, that's the dupe, basically. And, you know, a lot of times we see that with the order flow, or I'm sorry, the order book, the spoofing, the flip of the book, some of this other phenomena that we uncover. Well, we know those moves, and it's recorded here, so we look for them. And right now, I mean, it's kind of struggling up here, but overall, still, this still looks bullish, okay? So, you know, the tape looks bullish. Everything looks bullish here. We know, okay? And they're bidding up here at 65, et cetera. So, you know, our targets are back up into this kind of VWAP area. But my point is, like, we'll look for something else now, too. What if? That's why we go through these scenarios. What if, you know, we get this move to the upside here, and we get a retest, and there's no buyers. Okay, and it doesn't even come up and make a higher high here. Well, the first thing we're looking for is a move right back down to where it initiated. And then what if they don't support it down here, those aggressive buyers? Okay, well, looking for the sellers to take it lowered into lower liquidity down here. That would be the next move. And what if they don't support it down there? And then we're getting something very different. We're looking for the sellers to take control. And one of the, you know, scenarios would be for them to start to hit the bid and with a lot of volume and get a nice strong move away from this area. Okay, so anyway, just wanted to mention that, and I don't want to confuse with that, but, you know, advertising in the tape is something we want to be aware of. Okay, and right now, you know, everything that we're looking at and analyzing, it just looks like it wants to continue to go higher here. Just like we were covering yesterday about the grind, you know, that was another kind of phenomenon in the tape and understanding that grind. So look at the behavior now. It's getting a little different now, right? We're up at 74. This was that other area we had lined up, you know, put a line in here around 74. It just came a tick shy of that. And look at this, 109 contracts on the offer here. Very aggressive. Okay, what's been the reaction? Where are the buyers now? Well, we're finding sellers here, okay? So I'm looking for 71.70. Okay, this just came in. This is all new information. Okay, and we found sellers here. Looking for 71.70. And there it is. Okay, and they transacted. All right, so now we're going to get down into this area here. Okay, this is where a nice move started. You can look at CVD. You can look at the string of nice volume here. Are they supporting it? Do we find buyers down here to support this? Nope. We're going lower. Okay, we're going down here. Next swing. Okay, and then the next swing after that. Okay, where the liquidity is? Searching for that liquidity, 65. Let's see if we can get down to 65 now. Okay, down below the swing. Maybe some of these guys are going to start to cover. Maybe a little bit of a pullback here. Let's see how strong or weak it is. Pullback would be nice right into the 71.70 area for kind of a stronger pullback. A weaker one, we might have just gotten it and we find more sellers here. Yeah, it looks like that's the case here. So a lot of selling here. Okay, let's see if we can get right back down to where they initiated on this higher time frame down here. Somewhere around the 61 to 60 area. I know I have a line here as well. So, well, let's just call it anywhere between 60 and 62. Okay, starting to slow down a little bit. Note the breakdown here. Okay, we're right back to where we broke from. Okay, not much of a move to the downside on this second leg here. We might go either way here. We might find some buyers to come back up into 71.70 or might exhaust out on that buy side. Let's see and let's see if the sellers come in and then we're looking for that 60 to 62 area that we just outlined. Here they come. So that's where we're going and then we're starting to look for how buyers might start to react down here. Okay, any questions on this? Just objectively going through it. I mean, this is what we go through in the course too. Here's where we saw the difference. Right here. We noted it and we noted not only that they were here. What was the reaction with the aggressor? We found sellers. We didn't find buyers. Exhaustion here, exhaustion here. Looking for 71.70 and it traded. Then here, were they going to support it on the move to the left side? Nope. Going lower. Looking for down at the swing and liquidity, targeting liquidity. Here's our move back down into our line right here at 62.50. Note the buyers starting to come in now. A little bit lower. This was the kind of low end of our range here. 71.60. Starting to see buyers come in now. I'm looking for a retest to 71.70 now. This was a pretty strong move. We haven't had a strong pullback yet. We'll see. We might exhaust out yet again up here. Then it doesn't look like it. No, buyers are coming in. 71.70. They're pulling at 71.70. They're actually up higher now at 72.73. Let's see if we maybe get a pullback to 66. Were they initiated here on that buy side and see if they support it? Here they are. They support it. They're not supporting it here. They're not going to support it. Let's rotate lower. That's our pullback then. Let's see them hit down to 60.60 area now. We'd love to see them lower the offer. Get a little bit more aggressive here. See the reaction as well. Zoom out here and also start to get bigger picture perspective. We're looking for 60. A lot of liquidity down here at 56. Which is kind of funny. Not really sure why. Maybe kind of high volume note. I'm not really sure why. They were here earlier. They were at 55 and then pulled and then added a little higher. In general, let's take a step back here. Here's our move to the upside on our half hour chart. We're finding the sellers again. This has been a really strong move to the downside. On this half hour chart, what we're looking for is the follow through to, again, down to the swing here at 71.70. Or whatever this is, 30 something here. Just 35. It starts to fit in as well here to some of our pattern analysis of some really strong moves to the downside. Then you start to see that double top pattern that we talk about. Where it starts to trend the opposite direction, but it just can't seem to make the swing to the upside. Actually, it does kind of look like maybe it did five waves or whatever. It was kind of a reversal here, looks like. A little bit of follow through, but this is it. If they can't get it back up here. This is why I'm calling it a variation of that double top. Then if they can't hold this, then we're looking for right back down into the range. Then it could go sideways in this range here. That's possible, but looking for a trend continuation to the downside. This is that little break in the pattern. Then looking for the strong move to continue. Measure move at 56. From here to here and here down to here. That looks good. That's what you're looking at. I'm kind of looking at this volume here. This makes sense. I like it. See the swing here. That's where we broke from here. Then retested. Reached down below it, but came right back up. I think that's what those guys are. There's a low volume note here. Around 54. That makes sense. 56 though is still a little high. You're right. Don't really get it. Maybe measure move. Let's see if they pull. That's a whole other thing. Look for some targets here. The aggressive sellers come in and start hitting that bid. These guys pull. We're going to go lower. There's tan in here right now though. Interesting. 104 contracts. Definitely the highest in the book right now. Here they come. Let's see if these guys stayed in here or not. Real curious. Looks like it. We had a lot just trade here. 77 contracts out of 77. They're long and continued on down. Traded into the next level here. How many contracts are here? About 47 or so. The highest point was 48. Only 22 traded. Looks like we continue to trade here a bit. Maybe they got some of the poll it looks like. Continuing on. Let's see another leg down then. Maybe a pull back to this little area here. Let's see if they lower the offer into that area here. Then looking for that continuation. The figure here we've got that on the horizon just below. That looks poised to trade as well. Ultimately it's still targeting the low down here. I know that 35 is that swing. Maybe we should mark that up somewhere around there. Still remain... We see these little pull backs in the microstructure. Still remaining bearish here until we see something different. We did note they did absorb here. They did get filled here at around this 56. Here's a move back to 56. Let's see if the sellers come right back in here or not. Larger player... They're going to be in the green now if they also got filled down here and here. They may dump it. Then swing right back down to the figure here at 71.50. Maybe we'll come back up into 60 here where that high liquidity is. Looks pretty good for a target. Even if it does... We're looking to see if we accept or reject with a lot of volume. A lot of aggressive buying. If we don't, then looking for that continuation lower. You can see this little microstructural move started here. We do see the follow-through on the buy side up into this area here. They're still buying here. They're still buying. Clawing away at it here. But bigger picture, we want to keep in mind that as well. Let's see where are the sellers here. There's some up here. Not a whole lot. It was this area here where the selling initiated. Here come the buyers. Now we're seeing something different. Buyers in control. I just can't speak fast enough here. Let's see if those buyers can get in one more time here. Short squeeze. You can see real nice short squeeze to the upside. Let's see if we can get a second leg on that as well. Target kind of the swing up here. This high liquidity and VWAP as well. Same thing where we dropped from. We should find some sellers up here. We are starting to find them. Let's see if they start to hit that bid. They are. First test is down here to 60. 58. All the way down to 52 where that move really began. Earlier, previous webinar was looking at Netflix. I'm just curious to jump in and take a look. What's going on there? We're just noting how. We're going to go over, like I said, I haven't told you guys. We have another DX feed book map webinar here at 1pm. If you want to join us here, I'll put this into the chat for you. We're going to look at a lot of the live analysis of the US equities. What I was covering earlier in Netflix is just this beautiful stuff to see. I just really like it. Being able to see exactly where that liquidity is right at the open. Here they are. Here they are. Here they are. And then way up here as well. These are the sellers up here. These are the buyers down here. They absorbed in this area here in Netflix. They started to absorb in this area here as well. We did go lower, but now we're starting to find some buyers. Let's see if they can target some of the higher liquidity up here. Netflix. Anyway, another really nice aspect of that DX feed and equities is apply it to the correlation here. Let's add a correlation here to the book map chart in the NASDAQ overall. I'll change this to Netflix. Let's use the red color. Here's our correlation with Netflix. Nicely correlated. Netflix is a little more bullish here as you can see. It came up above it to the little swing right here where the NASDAQ did not. Netflix is starting to break out. If it can, and if it does, then this would be a buying opportunity if you follow these correlations. This is based on what you need to understand, your market sector leaders here. We're starting to nibble away and break out here in Netflix. Let's see if that can follow suit here in the NASDAQ. You can see what I'm getting at here. Else, if you wanted, then you would, if you think that this is overpriced on Netflix, you'd short Netflix up here. Maybe you'd buy the spread, get it delta neutral between NASDAQ and Netflix in terms of the amount of shares and trade the spread. If you shorted Netflix, you could see where you're going with it. If you bought NASDAQ, you're losing a little bit, but you're gaining on the Netflix. Just looking for discrepancies between the two. All sorts of ways of trading. Just starting to allude to some of those. Let's take it off here. When we zoom out, we're getting a lot of lines here. Just getting a little much on the eyes. Let's see here this initiated vine and this move and bump to the upside here. We dipped below it here, and we might find buyers come in here again. If the buyer is exhaust out here, finding those sellers here. Let's see this seller just slam on it. Now down to 55. That's where the liquidity is. Here they come. 52 is really where this initiated. Which is kind of funny. We never know, but here's your microstructure. We remain bearish here when we see this, and the majority of the time these fail and it continues. In this case, this little microstructural move here, followed by more volume up here, followed by more up here. This one worked out. That storm started here. And then nice follow through to the upside. It all started right here. Usually though, this can be quite a dupe. You guys can trade it. There's no question about it. You can scalp it up into these areas. No question. And then, you know, move your stop up or whatever. But most of the time it's, you know, you'll see it exhaust out up here and then, you know, come right back down. And then, and usually go with the trend. Okay. In this case, it's simply worked and continued to the upside. All right. Looking for sellers still. 52 would be the target here. Lowering the offer. They're down here at 50. The figure on the bid. 55 has been reached. That was our initial target, right? Looking for that quick move when we got it. A quick pullback to note the pullback here that you got another opportunity here to get short. Right. And, you know, I'm not sure what your name is always call you. Looks like, you know, you're looking for that measured move, right? Well, let's go over something in that. Okay. So this is a way of potentially managing some of this order, some of the order flow trading. Okay. Now we don't cover, I mean, we do cover how to manage some of the entries, exits and, you know, moving stops, etc. And targets. But, you know, there's so many different ways of doing that. It's really up to you and what you're comfortable with and your risk parameters. You know, are you a one lot trader or are you a hundred lot trader? So all of that makes a massive difference here is and there's so many different combinations to do. Here's one combination because I just bring it up because of EI talks here of a measured move. Well, here's our measured move to the downside. Okay. And, you know, this is where it came back down to and we're looking for another measured move to the downside. Beautiful. Right. You know, pretty, pretty close. Like a few ticks off here. But now it's continuing and our target 52 is actually reached now. Okay. There now it's coming down to 50. Okay. Anyway, my point is this is if you think it's going to go from here. Down to 52. Okay. Well, then, you know, you may consider this if you're multi lot trader. Okay. Look and anticipate for like a kind of a ABCD pattern into that. Right. So make your measured move a bit shorter. Okay. And then what you could do is we can just do the same. Oops. Same line here. Okay. Well, obviously, this would have, this came down further. So it was a stronger move. But, you know, look for half of that move, you know, something like that. So actually, this would be a little bit less look for about half of it. First target would be down here around 57. Okay. Then look for a pullback here, maybe get back into it. Okay. And then look for that second measured move into the target, which was 55. Okay. So there you go. If you're multi lot trader or even single lot traders, like take, take your profit at half of that measured move, anticipate the pullback and then the follow through. Okay. Now it might have just followed through all the way down directly. Okay. In this case, it almost did. Okay. But it did do the pullback here and then it continued. Anyway, it's just something to consider here in terms of managing some of your trades when you have your targets. Okay. And getting back in as well. So take, take a partial or full get back in and then take partial or full again. Okay. If you're, if you're even holding more lots, well, maybe you just continue to hold that looking for your runner. Okay. Or you can even look for another pullback here and get back in. All right. Anyway. So that's a different ways of doing this based on these anticipated moves and they order flow analysis. Okay. Nice buying here. Okay. So let's see if they're maybe a little sideways action here. So nice little, but we remain, remain bearish here still again. Okay. Even though we do see this is, you know, they, they may support it. They, they, we've come back now and tested here once and again now. And let's see if those buyers support it. It looks like they are. They're trying to. Yeah. Here they come. Okay. So, and then here come the sellers right back. Okay. A little battle going on. I'm still looking for a continuation to the downside. And if I can get, if we can get a little more selling right here, then below where these guys are supporting it, or we exhaust out here, we just exhausted out a bit. Okay. Let's see the sellers come in and let's get down into like these 40s areas, 46. Now buyers are still coming in here. Yep. They're still coming in. We exhausted out. Look, we had the exhaustion. We didn't have the selling here. That was the problem. Okay. We're back up again. We found those buyers. Yeah. Here they come again. All right. Breaking out above. Okay. The little swing here and now rejecting. Okay. Now sellers. Let's see if they can come in and get down below the swing. Okay. Get down below this area here where the buyers were supporting it with significant volume looking for continuation. Okay. So outside of the range here back in the range. And now let's see if we get an order flow change here from from this buy side, this little buy move and then back to sell side. Yeah. Here come the sellers here. This looks pretty good. They're battling it out here. Still trying to buyers are still trying to get it up higher. This looked good though. Okay. One of these sides is going to cave cave in here and then here come the buyers. All right. All right. So now we're above that area here and we had a nice move here. Okay. It's kind of painful. The the move. Okay. Now move back up into this little swing here and let's see if we can. Those buyers still want to take it here. I'm skeptical. I don't I don't like I don't like this move. I, you know, it immediately retraced back down here and we're still finding buyers and sellers here. So I'm kind of hands off on this one. I, you know, we do see significant volume up above this little swing here. It's this bigger swing where we want to see it now here. Okay. And exception or rejection above this area here around 56 56 and a half is is going to be pretty, pretty critical. Okay. Here they come. All right. Here come the sellers. So looking, looking for them to continue here and hit this hard. And let's get into some of these lower areas here. Yeah. See, look at the aggression on the, see, see where they are at 55 here. Okay. They were here. Now they just pulled it right back up to where it dropped from then. Geez. Buyers are still battling it out here, battling away. Okay. And then right back up above here and in good volume. I don't know. Hard read. I've seen both sides here and we're seeing both sides play out as well. Okay. But buyers are starting to win this battle here. Not, not too significantly. I mean, it's only a few, a few points up above, but you know, we're seeing it. I mean, you can't deny the order flow here. Okay. Now we're now exhaust out here. Let's see if the sellers jump in on the other side here and then hit this again, slam it hard. No more buyers. Okay. Then still not, not very convincing here of a move on that buy side. Looks a little bit, a little bit better. Just that we're just right here. All right. Well, let's, let's see if we can get a little bit of follow through here on this move. But yeah, it's kind of a tough read. You know, I mean, there's no, there's no denying the buyers here. So in terms of like, you know, what we see that the moves aren't too strong, but you know, there's both buying and selling in here. Okay. Now let's see if here comes the sellers here. Now that's pretty strong selling. Let's see if they can continue that. So yeah, you know, these quick moves like that. That's a big shift right there. And right back down kind of into this range again. So that there are kind of 55, 56 area was where we need to see that who's going to win that battle here. And they're battling it. I'm still going with the overall bigger trend here. And yeah, looking for these kind of lower areas here. Anyway, you can see, I mean, nice cluster of selling here, but then it's right back up and we're finding some buyers in these areas here. So, you know, sellers down here, this looked good, but right back up and finding buyers up here. So it's on both sides here and don't really see anything that's giving quite an advantage. There is, there is, you know, one thing, I mean, we are making a higher highs with more buying. That's not, you can't deny that. So, you know, here's some follow through on that buy side to the upside right up into another area of interest, which was up here 62. And again, strong buying. All right, so let's see if we can get a pullback here and see if they'll support it yet again. Okay, well, anyway, you know, kind of the analysis of this movement, we do see the distinction here. We still remain bearish though. More volume traded down here at this kind of low here, but it was both buying and selling and looks like more buying here come back up and it trades above, but it rejects and we find more sellers. So it was both sides here. Yet it's, you can't deny it. I mean, like higher highs with more buy volume and it continues. But this move was different than this one over here. That we saw to the upside, this strong move to the upside. This was another reason why I still stuck on that buy side. Nice move here, significant volume, okay, buy side, but the move back down here and this volume down here, one, two, you know, three, four, five, whatever times it retested back down in this area and we had nice clusters of volume down here. This note how this is different here and it's more bearish of a move compared to this one over here. Whereas look at the pullback here. It doesn't even come back down to test this area here. So we're noting like that's what the advanced analysis is all about is starting to note the distinctions here and some of the structure and the transactions and the book. Now we're not seeing too much in the book here. It's in the structure and the transactions. So this move did not come back even to retest here at our 52, which was our target earlier. And then we find more buyers lift it above that area on that very shallow pullback with, look at the selling here, very, very little. So that's much more bullish in terms of transactions and structure and order flow compared to this newer one that we're looking at here. Whereas it wouldn't back and forth here. So a bit of a distinction there. Back down in the range here, it came up to 62 and a half back down as the range here and let's see if they're going to get followed through. This is a beautiful door for those sellers to come in now. We're making lower highs and not seeing a lot of volume on the buy side here. So this is their chance to again hit the bid here hard and get back down into some of the lows here. So anyway, we're over our time. Just kind of reviewing, wrapping up, making a distinction between some of these moves to the upside but still overall kind of looking at the bigger picture and the move to the downside. Anyway, let's wrap it up. We'll call it a day. You guys are welcome. And we'll catch up with you at, if you're going to show up at one, you're welcome to come here. I'll put it back in the chat if you came in here late. Okay, there you go. So we'll go over the U.S. equities with DX feed book map. All right. Okay guys, have a good day. We'll see you either this afternoon or we'll see you tomorrow.