 Okay, welcome everyone. This is a socks with show marker review the spy here gonna review the spy the spy gap down today Did I think that would get we would gap down? No, I didn't think we got down today at all When I saw the way that we closed yesterday and held so bullishly I never thought we'd gap down today, but I did think that nothing that we would do this week would be bearish I thought that we would get neutral or up to get this morning. I thought we would break higher than Possibly today with a neutral gap or a bullish gap up, but then I woke up this morning I saw the gap down and I really really really did all my work. I actually Wasn't planning on doing anything with the market. I wasn't gonna short the market I wasn't gonna go on the market I wasn't rating the market gap to play the market gap But I did rate the market gap today because I wanted to see if I missed something But I didn't because when I looked at this I said boy This is unusual and I really didn't think as we got down like this Cuz we actually did get down quite a lot We closed it to oh now. Yeah, we close it to 20 to five And we got down 204 37 we got down almost four dollars I mean we did gap down this morning so I needed to check the gap and it did not rate well so that I knew it would hold and so far it is and Actually, it was holding a little bit better this morning, but We're still gonna hold broke the low here But this is too late in the day to break to have the follow through lower Therefore, it's not going to break today The one thing I did say this morning is if we break hard early in the first five minutes We're gonna fall today and even if we do we're gonna fall into an area no matter how big it is We're gonna close today with a massive tail that will get bought the only way to have a red body today I said is if we have a small range day small or medium More likely small than medium and that's probably was gonna play out and couldn't even be green because we were green this morning went over the high rallying all morning up through past 10 o'clock and I thought we think lower in the morning We never did again another sign of strength, but I did think the shorts would come in They are But they're not controlling the market They're not going to win today They're not gonna win in the market and this proves everything as well You have the shorts playing against you're not selling not institutional selling or this wouldn't look like this So you have shorts that came into the market even I think last night in the gap And I don't know what went on exactly last night. I didn't see what time this happened Actually, let's look and see what time this did happen here No, it did happen this morning. I was just checking to see if it happened last night No, this was a warning gap It wasn't that big this morning now here look it was only at 2 o'clock sex see this is what where we were see that This is all shorting. That's why this isn't going anywhere by the way See here. We just we gap this morning here. This is where we were at 6 a.m And people got all excited on the bandwagon and then wanted a short But this isn't institutional selling or wouldn't look like this. We be down here ready It's almost 11 o'clock and I'm not gonna call this as a long I'm just not gonna call this as a long here But by golly, this is a place to go along the market and I don't tell people to buy bullish I don't tell people to go long bearish gaps But I kind of thought this morning that it kind of was and it kind of is and it basically is But I just that's not the right way to buy it's this is not the way right to buy the market But the fact is this is a buy point for people it keeps getting bought It's gonna continue to get bought and I really thought this could have just power trended all day. It's not it broke the low It's still not going anywhere and will actually go over the high and Market could close green today despite the gap down. It's another sign of strength There's nothing this market can do to be bearish. I can't think of anything that could conceivably happen That would make me think the markets bearish. I just described to you that at this morning When if the market actually fell today, it would make a massive tail down and get bought and lift on top of itself in the Live day that's not even gonna happen It's not even gonna play out that way, but it could have it might have I set it out there as a scenario If the market of phone today hard and fast and furiously it would have made a massive tail and got bought Immediately somewhere on the live day. So this market's continuing higher and it's gonna get bought and it's gonna stop Out the shorts and I don't know where it didn't happen over the high more shorts came in What happened over the high again? Some people will give it up then what happened over 205 206 I don't know. I don't know where the markets higher and still could possibly make a new high this week And I don't know where we gap tomorrow, but I will say that if we close green today above 206 We'll probably gap up tomorrow, and that will probably take us over a new high I don't even know if it matters anymore than markets still higher Someone asked me yesterday. How do what two people did ask me yesterday Gordon in the well manifestation class He's not here today asked me. How do you know the markets higher and then? somebody else I forget who Asked me somebody emailed me Tom emailed me How did I know the market was higher? He does futures He does the ETFs and he wants to do the class and he wants to use it for futures And I said I never train it futures But he does ETS and wants to know about that and he's who wanted to know how do I know the markets higher? The only the best explanation I can give you for how I know the markets higher is because I know how to read gaps And I got up this morning and I tried bearish gaps and I rated the gap And I rated the gap per the 26 point rating system and it didn't rate good enough to short And that's how I knew it wasn't gonna fall through the downside that it didn't and it's not and it's not going to and it's not And this is the simplest thing that I could possibly say Forget about the fact that I've been great a con numbers. This hasn't hit as far as targets I'm reading the gaps and No bearish gap in here has had any Solidarity to it to have the follow-through red and Every bullish gap has been beautiful even if they actually close red So I don't know what else to say anymore By the end of today today It's gonna if the market closes to dead over to all six on the gap down this morning Which it probably is going to It's just it'll be shocking to me that people would short this market still but people will I know that they will because they want to That's why they will sometimes people want to do things and it doesn't make any sense and There's nothing that you can say to make them Change their mind. So there's no point ever But the things that I'm saying make sense. You can see how the market's getting bought here It's getting about right now and this second live at 1050 you can see the market lifting and getting bought It's not it's being supported. This market is being supported. It's being supported with buying this wouldn't look like this. Look Now something made the gap down But it was people that want to try to come in to short this market And there is people actually with money that Want to short because they aren't on the right side of things and don't have the right information And could push the market down or you wouldn't have gap like that So there you don't have everyone exactly on the same side What you need to be able to read is the people that are really really really making the moves And I think it's easy for me to read but the thing is that sometimes you get tripped up Today was a good example even in the gap It worked. I kept the conviction. I held it same thing with the market, but I'm always double triple checking myself I never get so so Crazy that I don't check myself because you have to do that constant with market make sure that you didn't miss anything We could have held even more bullish in this this morning I thought at one point we would I said that can't this is like crazy how well we're holding but we're back up where we were I said that here and we're back up against it. We're back up again a rally over two or five or back where I said this is Ridiculously beautiful and we're back up there again now and look how well it helped This is all new money coming in out here again today New money coming in out here again today to support the market This isn't short covering It's not short covering. You don't you don't have any shorts in here that are up Do you get what I'm saying here the short covering would not hold the market Hold the market low here and the gap down Does everyone here people that are in the room do you get here? This is very important actually This is buying now I talk all the time about the differences between what something looks like when it's selling or shorting or buying Or covering this is buying. Do you get what I'm saying here? You don't have shorts in here that would be looking to cover at this point Because they just made the gap because then what the follow through to get it down to 200 or beyond because I think the market's Rashing therefore this green that you're seeing the lift the lift and the low the support of the low of the day here That's carrying it through it Hang up over the high and it's ready done. It's going to do it again This is real buying because you wouldn't have this be short covering because you don't have the shorts in To cover because they would be looking to cover here because they just got in does this you understand what I'm saying here This is very important. This is how I know what I'm saying is correct. This is real money. That's coming in It's buying. This is the market is being bought. Okay, that's why it looks like it does. That's why it keeps making new highs That's why it will make a new high That's why the gaps are even happening in the first place and flying through to the upside not to the downside No downside gap has ever held in this market. It is not holding. They are not holding You cannot short any of the bearish gaps in this market There's nothing that this market can do to be bearish this whole week I'm probably the rest of the year and I don't think it's going to next year either and You know, I don't even know how I know this But I'm telling you right now that the market is going to rally all of 2015 and not only that The market is going to have probably the most small shears ever ever had and I can't give you the explanation Other than what I sent yesterday in the wealth infestation class I did say one thing that was I just didn't realize at the time and then I just said it And I realized it when I said it then Do you have patterns that happen and set up in things and you rely on those patterns and you play them However patterns sometimes can change and if you're not aware of that and don't know how to read a change in a pattern When it sets up or happens then you will air or lose because the fact is that nothing goes on forever It just doesn't and nothing goes on forever meaning not the move itself per se, but the pattern Follow through Okay So just because the market is rally 19 times and been extended like this and therefore dropped and fell However, many times it has in its life, which I can't even say that it doesn't mean it's going to like people are actually saying People are actually saying that because We've had this rally here We're going to have a massive fall off because we did something similar back here. This is part of the Uh, intellectual process thought the white people are saying this is going to collapse And they think it's going to be bigger than this collapse because the rally here is bigger than this rally So people are saying I believe that the pattern is going to repeat itself or the market had a massive rally and a huge crash And they're saying it even more so because the rally here Which you can see was bigger than this rally here and therefore they believe it's going to crash But what i'm telling you is that It patterns change In reference to this here If you're looking at what I just explained which I'm not because I'm reading the live price action in the gap Which is not a pattern Although gaps can have patterns, but price action itself actually When live price action itself can create a new pattern. Listen, this is very important what i'm saying here right now I am reading live price action every second When I look at something even if it's not live and it's flat which I see on the weekends and I see something's very clearly on weekends I'm reading it the price Which is not a pattern of moving averages or even candlestick formations It's the price action that i'm reading the candlestick Shows you live moving price and formulates the price, but the price the number The number how did I know that calm was going to hold today at that number where double bottom and did the lift It was within one penny of the number that I gave you how did I know that? Because I read the price the price is the only thing is 100 reliable So if you were playing and calling the market to crash because of this prior pattern that happened Although is there a chance it could repeat itself? Yes, of course it could patterns do sometimes repeat themselves But not always why because things change and you have to be aware of that And that's why you have to learn how to read real live price action And if you can't do that you will not be able to make a living as a trader And you could be in the market and do lots of different things with your life But you can not hit it big and make the big time if you can't read live price action And you must that's how I know this is new buy and it's new money and I just explained you why And we're going to make a new high right now And Justin's bringing up a good point. He says it's going to correct itself first Justin. This is the correction This is the correction Justin deal. I just told you the market gap down three and a half dollars this morning What do you want? If you want to buy you could buy today if you missed it that this is the correction If you want you're saying I want a correction This is it Justin This is a pollin This is it This is it you had opportunity in here and you're having it again today. This is it. This is the correction Do not expect the market to come to 200. That isn't happening. It is not going to happen I would be shocked if that happened. It is not going to happen. Let me just see what everybody's writing here So you need to use a different ecn I don't know what you're using but you have to use a good ecn for your fills and stops No, it's not going to happen because this is a new buying but but this is a correction of sorts Because you had some people taking profits and you're the really the shorts coming in this morning Listen to what I'm saying Just because something pulls into support often for a correct Wrong. No, something does not have to act the same way all the time I don't know why anyone would ever think that Something does not have to act the same way all the time things change and you must accept that in the market And that's why you have to accept that sometimes you'll like something take a trade and it won't work How do you explain that? How do you listen to what I'm saying? This is just common sense If every single pattern recognition worked every single time 100 without failure Then no one would ever lose money in the market and everyone played the same pattern all the time forever and ever Never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never never That is because of the way to read the price in the gap. That's why the gaps are important. If every pattern repeated itself and was playable for profit, then no one would lose. If every time somebody rallies, it comes in to support to get bought at the place that XYZ thinks, like, I just read the letter yesterday. I just read you the letter yesterday. Everyone in the world probably thinks the market's coming down to 200. I don't think that's happening. I think today when we get up tomorrow morning, guess what? This is going to look different. This right here, this thing that's made by a computer, the 50-period movement average, is going to look like this. And this is part of where people get the number two. It's going to be higher. Why? Because we came down today and we squished ourselves to make a sandwich more. This is going to lift. When the market gaps up tomorrow, this is going to lift even more. And the market rallies over the high is going to lift even more. And then this number isn't going to be here. This is made by a computer. This is a computer-generated line averaging in the price. This is not a price where the market's trading. The market is not trading here. The market doesn't ever have to go back here again. And I'm not saying it's, we're going to go back here again, but I'm saying it doesn't have to. This isn't going to be here tomorrow. It's going to have lifted. And if the market gaps up when you get up up, it's going to have lifted even more. It's not even about probability. It's about accuracy. Forget the probability. You could find a mathematical genius, hire him, pay him all kinds of money to figure out mathematical. Do you know how many people that try to figure out the market based on mathematical probabilities of things happening? There are geniuses. And I'm talking mathematical geniuses, okay? That work on algorithms for probabilities for things to follow through and set up correctly and work in the market. And they still lose. It is not about probabilities. It is about accuracy. And there's one really, really important thing that is required to trade that you need accuracy. You have to read something in live time and take your ego out of the equation. And I am really going to do that. I sat all morning and looked at this market gap and I took my ego out of the equation and it's not coming in. You have to step back, look at the live price action, read it accurately and take your ego out of the equation. And if you cannot do that, you're going to just stay stuck in insisting something's X, Y, Z. It's a great call here. I made the market to hold today. The market's going to hold. And I don't know where and I don't know where it closes. And I don't know if it rallies here into 12 o'clock or fakes lower again and then holds again. But I know the market's getting bought today because I can see it. I know this isn't short covering because there's not enough people in here. It might be a little bit of the people from the morning but not the people that made the gap because the gap did come down quite a bit from last night. It did come down. There was a real gap down last night of three and a half dollars where shorts try to take over the market and they're not going to win because the people that are controlling the market are the bulls, it's new money coming in today and from since before the market will continue to lift higher and I don't know where we gap tomorrow morning. But this is very tricky. The gap down this morning and where we close will have a lot to do with everything. We'll look at it at four o'clock. We'll look at it tomorrow morning. You've got to take your ego out of the equation and read stuff in live price. I'm willing to do that. If I make a mistake, I'm willing to look at what it is. I haven't aired in the market at all. Not the whole, whole year. I don't even know. I might not have even aired last year but I paid more attention to the market this year than ever because of the fact that people kept calling it to crash even in March. I remember doing a webinar at Sunwatch talking about the market crashing. Where were we even then? I don't even remember. And I said even then we were higher. It was March of this year. I remember doing a webinar with someplace here in March. It's a webinar online and the market videos are there. We rallied 20 some points over this, well, 15 something over this number, almost 20 points over this number. We rallied in March and I said we're higher in March of this year. In 2014, I said we were higher. Look at what we've done since then. But I said it before that too. But I'm just saying, if you learn nothing from me, you have to learn how to read stuff live and take your ego out of the equation. And you just got to. What do you have to lose? This isn't about being right. It's about making money. I'm not making any money right now here in the QT, here's the spy. I'm not in this. I think that's one of the reasons I'm reading it well too. If the market falls, it's fine. I short all day long. At the market rallies, I'm right in the call. So to me, I can't lose either way. There's nothing that I can do to lose in this. The market falls off the planet. My business is gonna blow up because everyone in the world's gonna know how to short. And most people have no clue how to short a thing. And I am great at shorting. And there isn't anyone better than me at shorting. And that's why you should listen to what I have to say about the market. I know what weakness looks like. I'm the most bearish person that trains on the planet ever, okay? Even institutions don't really like to short. You do know that, don't you? They don't really like to short. They much rather buy. It's much easier for them to take long positions than short positions. They sell when they get out of something. You know, I'm an anomaly. There's so many people that are doing what I do and I know how to do it. Even institutions that I'm playing against who are selling the stuff that I'm shorting it. Most institutions like to buy stuff, not short it. And I'm not saying they don't short things, they do. But mostly they go long, okay? There's nothing weak about this market. And I can't talk anymore about it. I'm losing my voice. All right. I'm gonna let everybody go today. Good video here. Good day. Congratulations everyone that stayed with Con. Beautiful trade. We'll look to repeat the same thing tomorrow. I'm looking for quality. There are some picks I like. I put them in the room. Stay focused. Take your ego out of the equation. You got two choices. Just listen to everything I say and suck it in like a sieve and don't even analyze it. Or think about what I say. Analyze it. Take your ego out of the equation. Or close your eyes and press the button and hit the train. And don't even think about it at all. Those are your options. Be confident. Have conviction. Do not be egotistical. The market's gonna make a new high. I will see everybody tomorrow. Have a great day. All right, good job. You're welcome. Braulio, check on your ECNs. Oh, kiddo key. Have a good day everyone.