 Okay, so yeah welcome to the bookmap advanced webinar here first time doing it in discord We're gonna just do it this week here And see how it goes. It's kind of a trial for us Note that Tom Tom be will be streaming in His he'll have his own room and he will be streaming in there. So this kind of will Get you guys kind of accustomed to a bit of what's going on here Now this is instead of doing the webinars and go-to webinar We're gonna, you know be here for about an hour in this live streaming And then we're gonna stop and then we'll do it again tomorrow as well All week long. We're gonna do it except no webinar on Friday. All right due to the holiday season All right, so I'll do the live Analysis your Monday and Tuesday nothing on Friday And the goal here is to apply what you've learned from the educational course in the live market is forward-looking analysis It's not hindsight So, you know, you can really learn And then we have live trading from J trader and a stock trader and then scuffle senior futures trader on Wednesdays and Thursdays Where they'll they'll take positions. They'll go through their strategies and their way of managing the trade Okay, so you get really complete, you know package here for your your Education when you subscribe to global plus Like all right, let's go through some disclosures and then jump back in that S&P General disclosures all bookmap limited materials information and presentations are for educational purposes only and should not be considered specific investment advice nor Recommendations the risk disclosure trading futures equities and digital currencies Involves central risk of loss and is not suitable for all investors past performance is not necessarily indicative of future results Doug these will be recorded. I'm not sure how to handle these recordings yet but Maybe I'll just upload them on on YouTube somewhere for you guys if you're interested. All right Oh, good morning, David Yeah, yeah set all set for the week here Is there's not a whole lot of data out there, but there's risk in the market. So it's gonna be interesting kind of few days here You know this COVID Omicron and and The Biden's plan and and and yeah some some just you know geopolitical and political stuff here going on You know, I think we're gonna see some a bit of volatility here, but Anyway, we'll jump in and and and check it out here Did I go through the risk disclosure trading futures equities digital currencies involves substantial risk of loss? And it's not suitable for all investors past performance is not necessarily indicative of future results. All right now I know I did it. Let's go through it here and jump into this S&P All right, we're just coming through the analysis in this S&P. Do I trade on Christmas? Well, you can in crypto, but No, we won't be we won't be hosting anything in discord for book map. All right All right, so let's see the We're looking to see in this little area here. We just kind of marked up in the previous webinar Okay, to see if I mean some really interesting stuff in here. I'll go over it again here. I think it's worth a review And now you can see price dropping We we saw some larger player activity in here will go over it is right in this little area now now truly in them You know, it's not trying to sell book map here This is the kind of transparency that you can get with this product though I mean you're not gonna be able to see these kinds of details I have I don't know who else offers it But we'll go through this and we can put these pieces together here. It's fascinating Right now. We're seeing sellers come in here back down here I'm looking for the sellers to drop it into earlier We were looking for this move to drop into 45 30 now I'm looking forward again looking for these sellers to come in okay right into this area here now This is kind of higher time frame stuff because we're down trending right now We got to see sellers at the bottom of these edges here though and right now We're gonna get a pullback probably probably back up to about here Yeah, maybe maybe 45 40, but maybe 42 or maybe back up to 45 45 Right because you see the buying coming in here. They're gonna lift it right bigger picture though We're looking for the move down lower All right, so we got to keep that in mind We're looking to see when we might exhaust out here when we when there's no more aggressive buying making higher highs and Looking for larger red dots market sell orders to drop price Into these lower levels of liquidity where the where the demand is down here here. They come all right So let's see if they can continue here That's just a quick move there Yeah, see that see the little battle starting to erupt here I mean you can see the liquidity coming in here and we're finding some buyers here So they'll likely try to lift it up into this liquidity up here around maybe 41 and a quarter here Okay, these are small moves and it's nothing really high probability at the moment. We're just reading the order flow Okay, we'll know when there's something that looks higher probability Okay, so yeah, I mean you can see the fight here and and they're they're still pulling back here Okay, now getting a little more interesting little more liquidity up here at 42 and a half Okay, see them coming in here, and that's kind of where we're looking for the pullback Okay, now we're looking for our red dots down here And we're looking for these guys down here at 35 and 33 and a half or whatever to pull that liquidity Okay for them to pull it away and to see maybe someone like flip over and show more Supply up here. Here they go. Here's 45 40 and let's see the reaction to that liquidity We're actually finding some buyers here. So we're not quite ready yet All right, let's see if we get our sellers here. No not yet See the selling here. This is not where we're looking for them though. We're looking for sellers down here here They come. Okay. All right. We're ready for a drop here. Let's see if they can drop it up into 35 No, no, it's it's gonna be a little squeeze here Yeah, they're gonna squeeze it up into 42 42 and a half This is kind of some tricky price action in here This is what we want to see though. This kind of this kind of action here at the bottom edge And let's see if we get it again here Okay, right around 36 and a half. No, not yet. It's not ready yet. It's still rotating back and forth All right sellers. Let's see it. No, it's still not ready yet here Still looking for it reading it here sellers right here. Okay. Now. They're pulling that liquidity here Yep, if we get the sellers, we should get the move pretty quick move down into this 35 area And then let's see if they can continue on with the trend down into 30 Down here looking for it and I think I think we got the move here So let's see these sellers. They really they really need to show up in force here now Why they need to drive it away from this point of control up here at 45 50 Okay, this is a most traded level. That's what we're looking for. So we're looking for lots of selling Okay to move it away from that area And I actually at the moment, you know, I don't really see too much selling here We want to see big red dots in here Let's see. How can you understand with order book and price will the price will be delivered to liquidity Don't understand that quite the question. I mean, it's really just an auction here And this is what we're looking at So, you know, we know that there's demand down here. These are where the buyers are and we know there's supply up here And these are where the sellers are as simple as that Okay, so in general, this is where the majority of the liquidity is up here. Okay, or down here and that's it so You know, if we if we have enough sellers in here see the selling coming in here, okay But what's the relationship to this this demand down here? Okay, see how they didn't really take them on instead. We're getting buyers. So they're gonna go right to this liquidity here Okay at this 41 area here Okay, nice little Stream of buyers in here, you know, something that's gonna be really nice for you guys when that when Tom starts streaming Is he's gonna be able to like stand back And just go through this all day long You know, this webinar is gonna go for you know another 45 minutes at minimum here and We we only have to we only have 45 minutes Okay, so we're gonna have to look at smaller time frames and little range bound trades, etc and just to You know put the pieces together here But you know, of course, it'd be great if a big move I started to unfold here okay, but Yeah, we we've got to cover what we get within the 45 minutes Surprisingly didn't go up after 41 here. Okay, now they're gonna go for it Yeah, we should go right to 41 here. I want to go over this Now it's a little bit of hindsight, but I just I just think it's so worth it the what we saw earlier and That transparency that you know, it's just it gives us such good insight here And start to put and understand these pieces and put them together here. Okay, so here's our move into 41 And let's see if they can move it to 45 here actually Kind of where we drop from where we drew these this kind of zone in here Okay, so anyway, you can start to understand and see at some of these levels in here start to look for the order flow to give You insight All right, it's just reading that this context in here Once we get this context we can look for a higher probability move And the potential for it to unfold Okay, so still looking for 45 up here And see if they can reach that area if they can maybe even 50 this liquidity up here at 50 right these are This is you know the The responsive bind here. Okay, if you go through your auction market theory I move back into the range the most traded level a move back into value Okay, and we're looking for a big red dots to move it away from value Okay to trend to trade down into this lower liquidity And and this demand on the bid at some of these levels here You can see that that's not unfolding right now And we did not get the red dots we're looking for the the larger Market sell orders to pull it away from value. Okay, we're coming back to value All right, so we're looking for it. We already traded to 45 here still looking for 50 here Okay, that's where the liquidity is up here All right, so we saw that just in this little area here looking for 41 to begin with then 45 and then now 50 all right So let's let me go back into this area here. This is just you know something kind of new I hadn't seen before But some really nice details in here, so a little bit of hindsight analysis, but I think it'll be well worth it for you guys the Here's what unfolded. All right, so we see some buying coming in moving see how they moved it away right here This is what I'm talking about All right, so the buyers moved it away here very very quickly From this trading range here Here they are. This is what it looks like the the the green dots pulling it higher here Pulled it higher again. All right, so moved up into where higher liquidity up here 48 and that 50 They moved it even above 50 here get up into this kind of 54 area And then this is what unfolded and this is what's really really fascinating to see all right So larger player comes in here and completely dumps And we can take a look at this data in here. We're gonna do this And look at what precisely traded here more not precisely, but What traded here in general and then how many are stops in this area here as well Hey, this is where we're gonna see like that. It was a larger player dumping And they're gonna be triggering some stops along the way to the downside So let's take a look at that. All right, so 66 of these are stops Okay, now this is what unfolded here And this is what is to really start to understand these markets And get some insight to what's actually happening at these price levels. Like I said level of transparency Like very hard to find in other areas So someone came in here and they dumped quite a bit we can add up these here We can look at the maybe the our sweeps indicator as well Let's turn that on. I know a lot of you guys have been doing some Creating some really great content with the sweeps indicator And starting to understand these these moves lower So let's take a look at that Maybe I need to Okay, there we go There we go. All right. Yeah, let's let's zoom out a little bit here And there's a little aggregate them together All right So this was a book sweep here, obviously, I mean just doesn't get much clearer than that This is a larger player coming in and just They release a market sell order Okay for 1272 is what traded here. Okay on the sweep on the move down here And we know that you can add up these in your column here as well if you want We can put this data within the the area here add up all of these here It should be the same as the sweeps indicator And then how many of these were stops though? 66 why are the stops down here see the red line down here? This is where those stops came in This is because someone was getting they may have had many stops in this whole area here But this order had precedence this larger player If you hit market sell, hey, that's what's gonna happen first Is that order is first gonna unpack and it is going to transact? It is gonna trigger stops all the way along here as it sweeps the book lower and Then at the end of the of the queue and this is the aggressors queue Okay, the aggressors queue is like this first what happens Market sell for you know 12 1272 or whatever it is and then if stops are triggered along the way It does not matter where they might be up here. They might be here Hey, they're gonna get filled down here Because after this order is filled and it sweeps the order book then Transact whatever's left that got triggered along the way here because when these orders get triggered your your stop loss gets triggered Then it's stop at market, right? Well, this is the market price at that time and this is why you can get slipped Four points for S&P points is is brutal Hey, so anyway That's what that's what's happening here. You can see the red line sometimes you see the red line up here Okay, and that's a larger player with a massive stop-loss order All right, so anyway now look what happened on the other side here. This is just Something, you know, I hadn't hadn't quite seen before But makes total sense This larger player They move the market lower and then they're on the other side down here at this 4550 level with an iceberg Okay, now, I don't know if it's the same player it could be someone else But I know that this move happened and then this iceberg came in immediately after that. I know that And I know it's transacting in here. Look at the buyers coming in, you know, trying to lift it They're not lifting this anywhere Okay, they're this this iceberg order is getting filled it's still getting filled in these areas in here We can zoom out. We can look at the overall And and understand the size of this it was 1400 that transacted there over 1400 Okay, and an iceberg. This is pretty wicked action here. This is a quick move away Okay, and then an iceberg Now is I don't think this is really prohibitive behavior, but it should be I shouldn't say that it it's it's pretty wicked behavior and You know if you read CME rule 575 this is not covered in it At least this scenario is not covered. I have not seen it in there Flip of the order book etc. Is kind of similar to this maybe but it's not it's not the same We know that this is one larger player. This is at this point here. This is a Atomic event meaning that is one event and then see how best bid and offer update afterwards And you can see best offer actually updated first because it and then best Best bid did after that Okay Right in that area Right, so after this trade event took place then you get your update of of your quotes data Take trade data first update quotes data Okay, stop running here Beautiful beautiful stuff. Now. Let's put that into context here Okay, so we know what happened in that area We know it's a larger player All right, and and what happened? All right, so what happened after that? Well, that was that was basically the The high okay, we see this kind of a move back again Not enough buyers. In fact, it looks like there's even more icebergs and indeed there are right here 371 and they're they're still in the book And let's see how long they stayed stayed in the book and maybe they transacted already They pulled right here Okay, so they pulled their iceberg at that point So what wow fascinating stuff now we have an iceberg down here at the bottom of the range At this 34 area here So kind of a battle raging at the bottom here around this 34 area Whereas we were looking for the move lower into 30 25 and 20 All right. Anyway, I thought it was worthy to go through that So you guys can understand some of these levels in here. I know it's hindsight, but you know Really really fascinating stuff in here and starting to understand this is going to be a critical level for the day here Okay, or at least this time frame I think there's also seems to be another one that's kind of becoming rather critical here this large iceberg here for another 1400 now, you know, we know that that the one that was on the other side here was like 1400, right? Well, is is the same guy likely right getting filled here And now he wants even a better price. He just moved it lower here And he's still in the order book here. Now the 1425 here does not mean that there's 1400 left It means that's what has transacted of that one iceberg order All right, so some details in here for I mean, this is you know free and open to all this webinar so, you know a lot of our Global plus subscribers that they already understand a lot of this So I'm going through it a little more detail here since these are are free and open to everybody in discord. All right Let's see here Some of the key stocks like Tesla and Envy are bumping up. Okay Thanks, David A dead cat bouncing Tesla. All right. Okay. Yeah, let's see Consistent stacking on the bid and the whole number the whole morning according to the equity tracker difference How much of that is recent shorts covering? Well, this is this we don't really quite know Um, I one thing that it maybe gives some insight to you know cover covering here or you know short squeezes long squeezes, whatever is to look at low volume pullbacks that usually is either people getting stopped out or You know typically some some profit-taking and then you that's why you You know because it's it's not new Traders coming in necessarily. I mean it might be it'll be some but If it's going to be new traders coming in they're going to move the market likely, right So, uh, we'll go through the details in here, right? So now now look at what's happening here Our sellers are coming in. They're making a lower low here. This is wicked stuff. I mean, this is making really good sense to me Um that this guy pulled that uh iceberg and added it lower here They really really pretty smart move there Because now people are making a lower low and he's absorbing on the other side Right. So anyone that goes oh, well if it breaks this low, I'm going to be a seller Right and he just got filled Okay, his whole iceberg just got filled 3,500 overall a really really smart Move here by this larger player here now It's an iceberg order. It's on the bid. It's absorbing it cannot Move price, okay What it can do is stop price from moving so you can see there's still more selling pressure coming in Right. This is why when we cover This information in here this data about icebergs is understanding. It's about the order flow first Okay, not the larger player But uh understanding see there's there's still more selling pressure in here now. Here's another iceberg 228 Okay Okay, that just traded. So some some more. Uh, we have 564 another 300 and then we have another one here Is it the same player? I'm not sure but boy they want to buy Okay, so now let's we got to look for the order flow to shift and change though because right now it's still selling You know sellers are making lower lows here, right now if we get buyers up here around 31 Okay, a lack of selling down here Buyers up here around 31 31 and a half or so. Yeah, then I'm looking for It to come right back up into this liquidity here at 33 or 34 Uh, and it could could potentially Move and have a be a really nice move back to 45 50 back to point of control Okay, understanding these players Uh in in the uh in the order flow here, okay now these players here. We've seen this at time and again They have influence on the market But order flow still rules, right? You know these larger players they need to get filled in here So to have price go through a large, um iceberg It is uh something that They're looking for Right, if you guys, um, you know use limit buy and sell orders, you know what i'm talking about For you to get filled price likely is going to go right against you immediately Right, so these larger players they want to get filled well, they need price to go into their and through their orders basically Right, that's when we're going to look for exhaustion on the sell side Or you know just a lot of buying coming in on the uh on the buy side the aggressors Okay, that's when we'll see a shift in the order flow So we're still understanding the larger players here, but we're just noting it Okay, and we're going to draw some of these uh levels in here of where they're where they're getting filled and then where they're Going to be in profit, uh as well See some really good stuff in here today, um with uh Some of the mbo mbo data here Video resolution is not good Okay Let me see streaming quality is Boy, I can even go to 60 frames per second here I'm at 10 1080p uh dug I don't know if one of you guys are whizzes in here on this discord stuff I mean this is kind of you know new new for us Uh with the streaming Here let me let me try 60 frames per second just for kicks Uh, maybe discord knows if like if it's maybe too high resolution it will bump it down I don't know All right, I'm gonna try it here 60 frames frames per second What the nitro stuff should be should be working. Ah, that's so weird. Sorry, Doug. Sorry you guys I mean like I I thought we we subscribed to nitro. I thought we'd we'd bypass all of this guys Anyway, let's go over this order flow. This is exactly what we just talked about this scenario here Um, if like the order flow is starting to shift and to change due to all of these icebergs in here And that now that you see the icebergs Chasing as well, but do we see aggressive buyers in here yet? That's what we need because icebergs can't they can only stop price for moving. They can't make price move technically All right, so I'm looking for these aggressors to start to come in up here around 35 And then we'll get another move back into 40 or maybe even 50 here Point of control Right by understanding the order flow at this bottom edge in here. That's what we're talking about All right, let's see we're looking for looking for these buyers up here 35 Then we should get the move They're bidding up here. That's good. They may pull that though All right, let's see these aggressive buyers come in here at 35 And looking for a pretty pretty quick move. Actually, I think we can get it right up to 40 Right, this will be a stop run as it should be Up into 40 and then especially above here about, you know, 43 I should be nice stop run Okay, liquidity coming in at 40. So that's the target still it's kind of an interesting dynamic in here. Um You know, these guys got what they wanted. Uh, the larger players with their icebergs, they got what they wanted They got filled at these lower levels here But are we finding aggressive buyers in here new new buying not not really I mean, yeah some it's pulling it up here, but it's not that significant. Here they go This this is where we'll probably see them. This is where it should get significant here Let's see and I want to see them blast right through 40 and then on up to 50 here Okay, pretty and I want to I'm looking for a quick move up and do yeah A quick move up into 45 and then and then maybe 50 here But uh, we we got to see these aggressive buyers come in here All right, just because there's icebergs in here. I mean, that's great. It's stop price from going down But we need we need buyers on the other side here to move it away From this lower level here back into Um the value area All right, let's see here. Um Here they come now Did we get our stop run yet? Not really still still looking for it That means that sellers are still in here So I'm I'm looking for these these guys to get shaken out here and the move back to 45 and 50 here Right, and that's where we're going to find our buyers our big green dots It's also kind of cluing in other traders like well, this is you know responsive buying back to to value Right, it's not a trend not a trend move Okay, let's see it now. We should get our stop run from 41 up to 45 Yeah, I don't know. I don't know about you guys. I mean like uh this kind of stuff though, it's just Just fascinating very smart move for that larger player to move his iceberg lower To to get filled at the lower areas here Just because you know, it's making a lower low here We'll make another couple of lower lows and and just get absorb it You know get filled at those areas here and uh and try to get price to move back into into value Very very intelligent move there a couple icebergs still on the bid here Waiting at 32 and down at 30 So we did get that we did get to 30 And we're we're still in a downtrend to be honest You know still making lower lows and lower highs here We just saw just a massive amount of absorption on the iceberg side here here. Look at the sub chart here This is why I have it um as a um cumulative volume delta type of uh, uh, you know, the axes are not the the same here Between stops and icebergs, but we have the relationship between stops and icebergs in the context Yeah, so from Here this point onward Our heck will we even go here? Let's just even move it up here. So so this was uh, how many uh Icebergs was like negative uh, 4800 on up to yeah, so There's like 4800 icebergs in here on the on the buy side. They're buying God we see 56 here. Well, that's because this one was getting filled all the way back here. That's why All right. Yeah, I'm gonna I'm gonna take this the sweeps indicator off here for for the moment All right. Look at that 5100 here All right, and we know precisely here. This is where that it was this was the guy who got filled in here and then dropped it Got filled in here Not much going on at the moment Some high liquidity coming at 40. Let's see the reaction to that. This is what we want to gauge So here's a lot of supply just came in 420 contracts Okay, what's the what's the context and we find buyers here interested in it or does it repel buyers? So we find sellers come in Pull it away from that area try to trade it back down into 30 and 25 and 20 Here's we're getting some of our answer here See the buyers come in they want it. They're gonna go for it here. They're gonna go for 40 And just shy of it So they're trying to move it away And buyers trying to go right back toward it again Boy, there's some wicked stuff going on here today Okay buyers traded into and through that liquidity there at 37 So yep still looking for this 40 Yeah, it's kind of convoluted right now We get a lot of insight from these areas here, but we're kind of on one side and on the other here We're looking for someone to really take it away. This is kind of no different than a point of control Just a large trans transaction right here So, you know, that's what we're looking for someone to try to pull it away from that area here Looks like buyers are going for it. They're going to go for this 41 or 40. I should say I think they got it now Um, and I want to see them trade trade above it Uh above 40. Okay back to 45 as well You know, they they've got it If they want it, they should be able to they should be able to hit this 40 liquidity Okay, there we go. All right. So still looking for 45 here Buyers are in control in this small time frame Uh, okay. Thanks, Sam. All right. So yeah, you you found a solution Hmm. Okay. So sorry about the the fuzzy screen guys. We'll we'll uh We'll we'll deal with it. Is there something I can do right now sam. I'm not sure Yeah, uh, we can restart the stream if you have time. I'm not sure how far through you are Uh, okay, so let's uh, let's try that So I'll I'll disconnect I sent you a message in slack. You can refer to that. Okay Better text read readability. Okay. All right. So let me see where the heck that is All right. So yeah guys, so I'll I'll Stop sharing And then I'm going to redo it here How about how about better text uh readability if I put on glasses that ought to help Yeah, boy. I I don't see it Yeah, hold on Stream quality. Okay. I I I don't know where it is. Um, maybe you can toggle it, uh sam And then I can share my screen Okay, should that work? Should that do the trick? Okay Uh, okay. Okay. So let me let me sorry guys. Uh, thanks. Thanks for your patience here First I select my screen. Got you. All right screen one Yeah, I'm at 1080p frame rate. Is that 60? Uh Better text. Okay. Got you. Okay. I see it. All right. Let's try this All right. How's that? Is that better back to the text channel? Okay. All right. Well Let me know if that worked. Uh, was that better? Uh, any anyway, um, hopefully you guys can see it now. Uh, it should be super high Okay, thank you, David I mean it should be like like a movie The 60 frames per second Yes, a little bit better. That's it. Wow. Okay All right, we'll have to work on it Doug. I'm sorry. Sorry guys It's too bad too because like, uh, well, hopefully the recording will will capture all of this here Um, and and you can look at it because we're seeing some really pretty unique stuff in here I was some of these larger players. They're still battling here like, uh We're not seeing it turn around. This is why we we cover this like yeah, we're looking for 40 that did trade I was looking for 45. It didn't happen Right. Here's what happened. They came back in again at 40 again And then uh, and then a little bit of a battle here on the bid here at this kind of 37 and a half area And look at the offer here Uh, and they came back in again. So we're trading back down to the lower edge again Okay, but we know the larger players are down here All right, so uh, and um, we haven't we just this is what we're we're talking about earlier. We haven't seen New buying coming in to move it back to Or was that responsive buying we we're not seeing it yet It's kind of like exhausting out basically I mean, this is a nice cluster up here, but you know, we're not really seeing new sellers come in here either Right, so it's really just kind of back and forth in here Okay, this is actually a pretty nice little cluster of selling. This isn't bad All right, so this is the quality. All right, let me take a look here Yeah, that looks good Right. How about this one? Okay Yeah, it looks pretty good to me guys. I mean, uh, at least this is what uh Uh, David, uh, w is saying All right, look at the icebergs. We have three here lined up getting filled another 1500 another 500 here So they're still buying here Uh, and they're front running they're buying at actually a higher level here Okay at 31 not not at 30 not at the lows here Okay, there's still some icebergs at the lows here right at the lows Now this will be interesting to see like remember how we said earlier like this guy dropped his his his iceberg a little bit lower Um, you know get people to go short right into their uh iceberg. I don't see that right now They're kind of still just like uh supporting it here at the low Which is interesting if that is the case then it you know, it kind of clues traders in like if you get a larger player buying uh At the lows and at a higher low area That that gives you kind of insight to uh, you know, now we made a higher low Right, so it kind of it kind of Supports, uh, they're they're kind of indirectly supporting um What what's going on at some of Some of these areas here and then it's telling other buyers like wow I can start to buy now We made a higher low Really great stuff today. Um Anyway, so uh, yeah I'm curious to see what happens here. Maybe we'll get like a really quick move You know jab lower and then back up above that area and then the move back to 50 45 50 Hey, these are just some of the bigger picture scenarios. We're kind of looking at at the moment Iceberg getting filled here 155 154 Boom right through it. Oh, let's see Another one 18 Here just another 1200 just just transacted Okay, so yeah, we are going into lower lows here or Actually, it looks like it. We made it down to uh 27 or so I assume back out that that's from previous Yeah, this previous low here Okay Yeah, let you know, let's take a a bigger step back here. I mean, they were trading back down into these lower into the lows here They're still supporting it though with their icebergs So I want to take a look at the bigger picture here And look at the daily, uh as well as hourly in the 15 minute here So you can see we're kind of making a double bottom on that 15 minute also the hour here you can see In the daily here, you see this move decked down into this swing low here for back on december 6th Okay, so, you know a few weeks ago. This was kind of a swing Right here and and this was a start of a move That that made higher highs here all-time highs Right for this s and p So, yeah, I would start to look at this area here is as a great area on a higher time frame For some some buyers to start to come in and try to move this, you know back up into these areas here On the higher time frame though is a whole zone in here All right from here on this is the area to take a look at in fact, it's pretty big zone Uh, so, uh, you know, it's kind of wonky in in that sense But you know 44 70 on up to current price here You know 44 45 30 You know, I know that's 60 points, but If you want to get a little more narrow Well, the most narrow is right right here right now looking for buyers Okay at this swing here from the december 6 the other swings down here though, too You know, that's what where we saw the lows and then You know some pretty some pretty big buying coming back in now few few different scenarios in here Okay, what if we what if we come back down in here and we start to start to break down below here on some heavy selling Well, then we're coming back down into these lower areas here Right the seller is going to move it away from that area here same stuff here We're looking at same ideas same concepts same order flow just higher time frame all right Yeah, here's here's our our lower low here But now they're still here with icebergs Pretty big icebergs getting filled in these areas as we know and they have been for a while My god, how many is this now? Let's just take a look from here on up So this is negative 67 000 and we're up at You know 34 right, so Um, I don't know it's like is that like 10 000 iceberg orders getting filled in here Something like that nine to ten thousand So yeah, just waiting and watching here Uh for those aggressors They're you know looking we're looking for the cues here for buyers start to come in We're not not quite getting them yet. We even noticed it in here We're looking for that high liquidity in these areas to trade But we're looking for the new you know those new buyers to like move it back into the range here And we noted that we didn't quite get them We're looking for those big green dots to pull it back up here Here you get it a little bit and here you get again here That's where that that player at larger player came in and changed everything Anyway, we're getting quite a bit of transparency here today Into some larger player activity And we continue to make lower lows here Okay, now we're at 47 20 Uh 45 27. I'm I'm sorry. Um And uh, yeah, let's see if uh, here's another 400 here's a 260 here's another Three three or 250 here Nice stop run as well 500 stop run. All right. So now now we just made lower lows. Okay Let's see if we can get big green dots above 27 here Okay, this will be the uh the move back down into this area here and then to move away from it here Okay, so or are they going to come back down into 45 20 here? All right, another seven points away six points away I'm looking for the big green dots up here around this kind of 27 28 level Okay, that would be scenario um number one And then the move back up to 35 to 40 45 and and to 50 It's scenario number two Is uh back down to 40 uh 45 25 and we're selling Trend continuation into 45 20 Thanks, David for that Screenshots there So quality quality looks good. Um, we'll get we'll get the details worked out for you guys But uh, you know, sorry about that. Just bear with us here. Um All right, let's see if that scenario unfolds here looking for these these these buyers here And and why am I looking for the buyers now because of the big stop run here? Okay, we know lots of absorption Now I'm looking for buyers Okay new buying in here. They should be able to break this right up to well more than 30. I'm looking for Basically 35 here Yeah, bid looks good. Look at the blue underneath here on the bid that looks pretty good So looking for our buyers here. We should get the move up into Yeah, 32 is okay, but I like 35 up here Not getting it not getting the buyers that we're quite looking for. I mean you see the streams come in here Hey, we really need to see some big green dots though Uh, it kind of clues people into uh, uh the move back into the range Just just absorbing on the bid here Right now we can go through another scenario here. I this we've seen this so many times for years now where Price continues to go lower and before we had the stop iceberg tracker or indicators You know, we're just like this doesn't make any sense. They're absorbing. They're absorbing They're absorbing. We see it right into these areas here, you know Trade down into 45 20. They absorb they they stay in the book. They're getting filled here This is what we're looking for in that scenario though is today is a trend day to the downside We don't see new buying coming in to move it back to previous value areas And then we look at the higher time frame are like our hourly here Hey, maybe we'll just kind of You know kind of trade down here for a bit And then it'll be the the overnight and and the next day is where you get a really nice move to the upside Okay, so that's another scenario to look for Okay, today's like the trend day. You can see the big red candle here into these lows Okay, so going through these different scenarios This is the key and then and then understanding what this might look like in the order flow And then once we have that understanding we we look for that follow through Okay, and we keep looking for the buyers to come in and they they just they haven't you know This wasn't bad here. Here's our retest and they they didn't make it. Uh, you know, uh, not not many here So there's drive it back down But there's no doubt about the look at this Oh my god, five five thousand two thousand eighteen hundred eleven hundred another thousand and they're still absorbing at a certain point There's just not going to be selling pressure And that's what we're kind of looking for and that's when we're looking for buyers to come in All right. Anyway guys, we've been going about an hour now. Uh, let me see if there's any questions in here Uh, so kind of veered away from that for a moment. Sorry Okay. All right. Yeah. Thank you, David. Um Yeah, I mean I Still looking for that scenario for these buyers to come in. Uh, we know Um, they have not But that's what we're looking for uh sellers continue to drive it lower Uh and making lower lows, but they're just they're on the other side with just incredible icebergs Uh one after another And they're still they're still there. I mean, there's there's no escaping it here, you know So we're getting there we're getting near near the bottom here Okay, maybe we just need a quick move into 20 Uh, and then that ought to do it Yeah, here they come sellers still selling pressure coming in Another 1,100 just transacted Here we guys. Yeah, we'll wrap it up. Let's call it a day. We're going to do this again tomorrow But keep in mind these scenarios in here, uh, and and we're looking for uh, some some follow-through on that buy side Okay at a certain point when there's just a lack of selling pressure in here I mean, this could be it here. Look at this is what we're talking about selling retest You know no selling, you know buying coming in But this is where we need to see like see these kinds of dots here these big red dots We need to see that on the buy side over here and they need to start coming in and making higher highs And pulling the market away from the lows here Anyway, uh and Just waiting and watching uh for that And for that scenario should be should be pretty nice, uh because this has been moving down into these just massive icebergs all the way along Okay, and we're at some pretty critical levels even on the higher time frame Higher time frame is kind of a zone Uh as I as I was mentioning here We're at this kind of level here on the daily and it's a whole zone all the way down Uh, but this is where the buyers came in, uh, some, uh, you know Couple weeks ago or or more in these areas here. So, um Anyway, that's what we're kind of looking for in the order flow here Okay, see see now now we're starting to see maybe a move back up But we just don't see the buyers yet even even in this move here Right, just don't see them Right. We're looking for them. We're just like I'm still seeing more selling in here. Right. We've got to see the opposite All right, so keep an eye out for that And uh, we'll we'll wrap it up everybody. Uh, thanks for coming and we'll we'll join again here tomorrow We'll do the basics at 9 30 You might want to show up for that We always see some pretty good moves around 9 30 to 10 And then the advanced webinar starts at 10 To about 11 or so. All right Yeah, thanks for coming everybody. All right, we'll we'll catch up tomorrow then