 Hey everybody this is Hari Swaminathan from optiontiger.com reviewing the SPX action for Thursday August 8th and you can see the market started off at an elevated level and took some time for the ticks to sort of get going but somewhere around here a couple of hours into the trading day you can see that you're getting these two signals right there. The RSI based on the price action has always been in the bullish zone but in terms of the ticks you wanted to get a clear signal and that would be this and of course you don't get shaken out by one dot and perhaps all the way until here you would be in the trade so if you took this trade right here which is this bar let's say the middle of the bar would be 29-21 and then you go all the way till here which is 29-27 so about 6-7 points so about you know a $1200 trade but if you did not get shaken out here you could have gone all the way here this was another small trade that you could have but that would have been a fairly small trade other than that I think after that the action just goes flat and you can see even the ticks don't and even the RSI starts oscillating too much so really one good trade here and one maybe a smaller trade that's for the price action on Thursday and you know but all you know you're looking for this one opportunity and you'll definitely get that I think the key is to not try to over trade not try to force a trade when there is none you wait for the right signal and that's when you can get a good trade and some of these opportunities you might get one or two a day and you know that's really what it is you want to take the best opportunities and take the best advantage of them thanks this is for Thursday August 8th the SPX ticks as well as the custom RSI are custom indicators and algos if you have any questions you can go to this bit.ly link bit.ly slash spx algo and you can find more information on how to get these indicators thank you