Good morning, christy crew guys what's up, i hope, y'all had a freaking beautiful weekend. It's your boy, tray from trade streets back again for another freaking video, like remembers my second one, five, my financial advice. Please take what i say: the grain of salt, my ears, a little bit. Itchy titan, don't bite! Me stop be nice.

Let's get into the video today, my friends, my family, it's great to see! You all hope you, i hope, you're all chilling. We got a couple different things to cover today, as you can see by the title. I'm actually super jacked coming into this next uh next week, and let me tell you why uh it's because of this filthy setup that we currently have on amc. I think you're going to continue to see the market melt up, have some some acceleration to the upside.

Whatever words you want to use boom boom can't those right the monkey noises. I think there's going to be more to come and explain to you why. I personally believe that closing over 20 last week was absolutely massive for amc. It really truly was, and i'm gon na talk about exactly why, as we continue on to the video so we're gon na discuss the filthy setup on amc, then i'm gon na dive into the spy and i've talked about this before i'll say it again.

I had a video last week saying: if this happens, then the day would be filthy right. It was referring to the spy having sort of a breakout over 450 bucks. It was this. If this happens tomorrow, it'll be nutty uh.

You saw sort of an inkling as a spy attempted to break over 450. You had some weird ass news come out, and then you know from there. The rest was history. We did end up still closing the day green.

I got to bounce off of that news. Nonetheless - and i think you're going to see some continuation as we head into the next week and i'm going to explain that to you as we kind of go over uh, what's going on with the spy what's going on with russia, what's going on with biden, and I'm going to give my opinion on that then we're gon na look over paypal last friday. I believe it was or thursday one of the two days. I talked about paypal as a setup.

I thought there was some opportunity there we're gon na discuss that we'll just review it as an opportunity to learn. We can look at what went right, what went wrong and then we'll move into the next setup which i've got mapped out for you. What do we explain, we're gon na explain here in just a second, so uh without further ado, let's just get into the video. Let's start off here with our girl amy now not very often do i update the vortex data.

I am going to briefly look over that. You know maybe once a week we do that sort of thing. But what gets me excited about amc? Is it closed over that magical 20 mark now there was a video a very long time ago. This was months and months and months and months and months ago, way back here in june, and it was called uh this.

I don't remember the title. Something like this needs to happen. If this doesn't happen, things are gon na be rough. It was talking about all of the call options that would either expire in the money or worthless and how there was a lot of money tied into basically the next big move, and unfortunately, most of those calls expired worthless.

It was uh back when we were hoping we'd see some continuation back up to some all-time highs. They expired worthless the next week you know things got extended, we saw a huge drawback and the reason for that was lots of retail money got pissed down the urinal. Maybe they're not even the urinal, it's like they're at the casino and you've got the drain on the floor and and your hammer you're going. Oh yeah, oh you're trying to get the urinal, but instead you're just doing doing this numbers as it being that happened.

Thankfully, this time around those calls expired in the money which is huge. This is going to greatly greatly assist a continuation of a gamma ramp up now. I've explained this before, but i'm going to go over sort of the strikes that we presently have, which is uh. You know the 21s, the 22s you go through all these.

You can see that uh there's a lot of open interest at 13, uh. 13. 000. 30.

Then you come over here to 40. 12. 000.. The greater open interest, however, is mid april.

You look at the mid april's right now. You look at the 30s, you look at the 40s. You can see a crap ton of people are starting to dive into uh these specific strike prices, which could continue a gamma ramp up. Now, i'm not encouraging you to buy or sell call options or put options whatever you want to do.

Is it's only up to you the other day? I think it's significant because it is whether you like it or not, a big part of what moves amc stock right. The game is a big big, big piece. I kind of sounded like crim jammer there. That was weird, but nonetheless, let's get into the actual setup and why? I think this is a good thing right, so you can see here we have this nice move after gamestop had a beautiful break out of its falling wedge and afc presently is out of its falling wedge.

You can see that just clear his dame and there's no debating this. It has broken out it's holding that the volume has followed through. Unlike some previous times when the volume wasn't very high, look back here around earnings. We got that false breakout over the falling wedge.

The volume didn't fall through the volume is here, and it's sticking around even on the two rest days, and what this is reminiscent of to me is this period right here. This looks very similar to the pre-june run-up and the pre-january 2021 run-up. You look at this. You see this breakout and you see two rest day candles rest day candle rest day, candle the rejection.

Obviously, last friday you prefer not to see that, but nonetheless, that rest day is critical. This is pretty big stuff and i want to paint out to you sort of the two things that i could possibly see happening. Uh imo. In my opinion, i think the bear case scenario.

The worst case scenario is this: you get some form of retracement off of this 20 mark it's possible right. We got to talk about the possibilities here. I think if it was to retrace you're, probably going to see this drop down to about the mid 18s to 19 flat. That's about where i would be watching for personally just based on the way that uh this stock kind of moves around and where there's some previous supply and demand zones i'll be watching for that 19 flat mark.

If it's going to retrace. But the good news is this: i think if it does retrace worst case scenario right, what you're going to see happen is a bounce back up to new highs, and i find this to be the less likely scenario anyways. I really do. I think if the spy is green, going into monday, uh you're gon na be looking at a beautiful, beautiful, freaking setup for amc to have some continuation, which brings me into the next piece right.

What would be the best case scenario? Obviously, it's going to be a breakout of what is a pretty pretty small scale: bull flag right. You see this downside level resistance upside level of support string of candles. You got that nice pull, looks like a flag right, a breakout over that and up above 22, where we rejected many many times. You see this here, 22 bucks, 22 bucks, it's just as having a tough time cracking that 22 is gon na speed things up dramatically.

I mean that's going to bring you first off to the top of this box, which is about 24.25 from there. I think you really are looking at almost 30 dollars. I mean that sounds crazy to say after we've suffered for so much time over the last nine months, just watching this bleed and bleed and bleed and bleed and bleed. But i can say this with pretty high confidence uh that tweet that i'd mentioned right.

I talked about how i think 30 days from now is maybe a week ago at this point, you're going to be very happy looking at the ticker - and i stand by that because this is just going to continue to ramp up as shorts across the market gets Sweaty small mid-cap companies across the market start to recover the spy starts to rally the uncertainty in the market starts to wane. These are all things that are lining up that we've discussed for quite some time now, and it's happening now be jacked about that. Be excited about that don't get derailed by any sort of nonsense or any sort of noise that may be making. You feel some sort of way.

I i really do think you're gon na see some continuation here and i think best case scenario. At the end of the week best case, don't expect this hope for the best expect the worst. You could easily see this over 30 bucks. I really do.

I think you can see this over 30 bucks by friday uh, if all things line up and if the gamma ramp continues. This is gon na get quick. I mean it'll speed up really dang quick, so be watching for that. That brings me into the spy right.

450 level's still critical, you're still watching this 450 hash mark, which is actually above into uh the after hours uh yesterday or friday. I should say yesterday i mean the weekends passed by so quick, but nonetheless uh we're over that 450 mark, which i think is going to be really huge for coming up to where i think the next key levels are, which is over 460 bucks. I think you're going to see a little bit of rejection a little bit of resistance right here about 457, where you get this double top. It looks like the m you used to see spongebob you had to sit on m for many when it should have been set to w through wumbo.

Well, we got to flip that upside down and so that set that to wumbo but anyways. I think we'll see the spot continue to melt up. Ah, there's some talks about biden and russia and sort of the uncertainties of war there, and they they clipped out this piece and put it in some articles of biden, saying that russia won't get away with this. We got to retaliate and all that sort of stuff.

In my opinion, you know this is an unbiased opinion. I i think that you're going to see basically one or two things happen with that which is going to continue to alleviate the uncertainties in the market. I think either a there's going to be some form of a treaty between russia and ukraine in the near future, and, to be honest with you uh, this opinion is influenced and uh thought out by ricoh. So i want to give a shout out to rory rico, as he kind of pitched this to me.

I thought about it. My own way, i think you're gon na either see the russian ukraine uh situation devolve right. It's gon na de-escalate whatever or uh. Russia's just gon na withdraw, i think, that's that's a real possibility as well.

I find the first to probably be the most likely i think, you're gon na see them come to some sort of uh peace treaty. Whatever you wan na call it and things will continue to de-escalate uh, hopefully right, there's still obviously lots of bad things happening there and you got ta. You got ta, pay, respect to dues or whatever you know, that's huge, but i do. I see continuation of the spy.

I think the spy is going to continue to rally. I think in the next two months, you're probably going to see this at all-time highs alongside iwm. I think iwm is going to have the best move that it's had, which is a small mid-cap. It's the russell 2000.

I think it's going to have the best move that it's had in literally a year. I mean it's just been sideways trading for a very long time and i think you're going to see this hit all-time highs in the near future. I think in a quarter of a year i wouldn't be surprised to see this over 245 bucks. That's my claim.

That's my statement, we'll see if it comes to fruition, but i feel pretty dang good about it. I think the bear market is legitimately over jim cramer talked about this and i'm kind of pissed, i'm kind of mad that he did got ta be honest because it makes me start to doubt myself, but all logic and all common sense does say that the uncertainties In the market are waning, i really can't think of anything in the next couple months. They're gon na derail this outside of a literal world war. Three so be watching.

Uh, russia, ukraine, all that sort of stuff. That is really to me. What is going to wipe out the momentum that amc, gamestop and small mid cap companies currently have is a continuation and a worsening of uh the current conflict, that's existing overseas, so uh keep your eye on that right. Last two things we're gon na talk about here today: paypal, i wan na go over paypal, because this is a opportunity and a setup that i talked about uh in my video last friday, and i want to go over what happened right.

I laid out two different scenarios that could have potentially uh sort of played out. One of them was that you get a break out of this bull flag and it would uh find some form of a rejection at these two levels right. This is a demand supply zone right here. This is another supply zone right here and uh.

The other one was that it would reject off the top of this flag and come down to test the bottom of the flag right. Well, what actually ended up happening? Let's look at this: we got a gap up on the pre-market, along with the uh. I believe it was the spy. If we look at the spy's previous training date that did get a gap up and paypal didn't hold the strength it actually rejected.

It rejected out of that zone that we had marked in our video going into friday, actually coming into the regular market hours, and what you see here is it breaks back down into that bull flag? Now. I think the great take away from this. The bear case scenario which i found to be less unlikely less likely, i should say uh to be quite frank. You know, that's why you prep for both situations.

Nonetheless, uh this situation, what what was great and what you could have done very easily is you could have played this two ways: a rejection out of a supply zone, which is exactly what this was right. You rejected it was not able to break above that, and the second is a bounce off the top of this flag, setup right and there's actually a takeaway beyond just the trade itself. You could have easily gotten out of the bottom of the flag that part that we talked about was perfectly fine uh. The reason that i believed you could exit at the bottom of the flag is just because, historically speaking, you see lots of range on this on a day-to-day it's a day basis, you've seen it touch the bottom and the top of the flank multiple times, which means It's respected levels, but there's even a better takeaway here.

There's there's an opportunity check this out. If you look at this on a 15-minute chart, what are you gon na notice is that it rejected at first and when it broke down beneath this flag? This ascending level of support, it came back up to retest it now. This is actually a theory and something i've discussed before with the spy and with amc and it's the idea of retesting a level that was previous resistance, then as support, or vice versa, something that used to be support now, acting as resistance in this instance, it was A flag right, so, let's just show you guys the flag here, really quick. This is the long string of candles.

You see a downside level resistance upside level of support, it's bouncing back and forth bouncing back and forth breaks down, and it came back up to test it again right now. Instead of support, it's treating it as resistance. That's going to be a pivotal moment to determine whether or not over the next one, two three days uh. This has a downtrend or, if it rallies with the rest of the market, now we're predetermined to think that, since the spy is likely to rally, in my opinion, that's just my my thought process.

Look at everything that's happening in the world. You'd expect this to break through the resistance, but it doesn't matter what you think it doesn't matter what you hold for it matters: what happens so this test right here this test of now acting as resistance, the previous flag as an opportunity for you to also take Another trade, if you were to do so, i'm not personally i'm gon na move on to the next one. After this, i'm not looking at paypal, i'm looking at a different ticker but uh watch for this you're either gon na see it break up hard or it's gon na break down, and it's gon na come with a pretty damn hard move, because you typically see that, After testing uh specific levels, this is something i wanted to see with the spy, something i want to see with amc i'll show you exactly what i mean uh. It was with the wedges that those two stocks were currently trading in.

So what you just saw here, uh, i wanted to see with the spy when it broke out of this very long term sort of uh falling wedge right. It kind of got that opportunity here came really close to the bottom of that, but that tap and bounce back up is actually confirmation of a reversal right of reversal from bearish to bullish behavior, in the same way that this tap, if it rejects, is going to Be a reversal from bullish to bearish uh trend right. So that's that's an opportunity. The same with amc amc came closer than the spy did.

If we look at this, we zoom out a little ways. What you're going to notice is that downside of the resistance from the falling wedge uh, if you change the time frames, not the four hour, but we change it to maybe the hour or the 15 minute you're gon na notice, something right. What you're gon na notice is that it actually did get a tap on the bottom of that downside level of resistance, which is a good sign. It means that hey, we have now officially uh tested this acting as support instead of resistance.

This is a sign that you can expect some form of continuation. That shows a lot of strength and it shows a reversal from bearish to bullish, behavior, so uh pretty damn sick. I mean i'm happy with that uh, and that brings me to the final piece. So hopefully some people were able to make money on that paypal.

I think that was a great opportunity uh. Let me know in the comment section if you were able to take that as a bearish setup. That's why i prepare for both in the same way that i'm going to for this next ticker in case you're new here uh. This setup is gon na be based on.

If this, then that right and it's for both calls and puts you're gon na be ready for both directions, no matter what? If this, then that right, it's saying if this happens, then you can take a call. If that happens, then you can take a point and i'm going to prepare you for both and the ticker is going to be roblox now. The reason that i am picking roblox is because i find it to be in a very interesting situation where i expect a big move in either direction as a trader. The only thing that you care about, if you are trading options, calls puts the thing you hate.

The most is this back and forth: channel trading that sucks so you're, not making money on that you make money on volatility so, regardless of whether it moves up or down, you want the opportunity to be able to take advantage of that in either direction. Now, what i've done is i've screenshot out some specific levels that i want to share with you guys and i'm actually going to put them here on whiteboard so that i can uh draw them, and i want to show you guys the two scenarios i kind of See uh potentially playing out here. So let me just pull these up real, quick, quick, any splitty uh wrong one. I need the other one roblox two there we go so check this out.

I've got two different time frames that we are currently using. This is the four hour uh. This is the four hour zoomed out, so i guess they're, actually, both the same time frame, but we want to show you here are some specific levels. We've got two demand zones that i've got marked out and two supply zones.

The reason that i zoomed out, i want to show you both of these is because the large scale price action is going to influence the way that this could potentially move coming into the next coming trading days. And what you're going to notice is that you have a huge, huge, huge downside level of resistance that could potentially break out here if you break out and that line in case you're wondering is right here. That is this line. This line is very key.

You can see that it's tracking all the way down you've got a touch point in multiple areas, so it is a significant respected level of uh support and i should say resistance right touch. Point touch. Point touch. Point touch.

Point touch point is hanging just beneath that downside level of resistance and if it breaks that you could see a massive move to the upside, i think that's possible right and i'm going to come back to the chart and show you where i would personally take some Positions uh for either a call or a put based on supply and demand zones as entry points so uh. That is one scenario. The other is that it rejects off that and i think you'd see a massive move to the downside. I think the spy is going to influence this greatly.

Typically, the spy is green. Roadblocks has been green in the past and i think you can see it continue to rally i'm more, like i mentioned, before, leaning towards the spy continuing the rally that it that has shown for the last two weeks or so so with that being said, uh i Want to show you the shorter time frame now and show you the two possibilities that i think could end up panning out here. So let me switch over to this pen. I'm gon na make this a little bit thinner.

So it's easier to read. I think there's two scenarios here right: i'm gon na mark one in white and i'm gon na mark one in let's just say green. The white is gon na, be the the worst case scenario right now. It is hovering in this demand zone a demand zone.

In case, you do not know is just choppy price action before you get involved to move to the upper the downside, it's typically, where you'd expect algorithms and computers to buy and or sell stock, depending on where the price is above or below those levels. That is at 45.50 to 46 bucks. I mark these out in case you want to put them on your own charts. It's up to you.

Whatever you want to do is totally chill. I think the bear case scenario is: it rejects off of this demand zone and it knifes down into the open. I find this to be very unlikely. I think that's the much less likely situation, but if it does happen, you're going to be prepared for it.

You're going to know because if it chops in demand zones or supply zones, typically, you see rejection. It's not going to chop around 99 times out of 100 if it's going to break underneath that, so, if write it open tomorrow, you see this thing knife through that demand zone. You can take that as a put to two levels that i'd be watching for demand at 4280 to 4370 or the top of this downside level of support. That's personally what i would be watching for for a put entry so for an entry on a put.

What i'd be watching for? Is they break down underneath 45.50, which is acting as the demand zone right here, and i would be looking to exit uh at 42, 80 to 43.70 or so stop loss for myself. I keep between 15 and 20 for a swing about five to ten percent for a scalp and i'd be looking to take runners at about every quarter, hash or so so up 25. It takes some runners up 50 to take some runners off the table 75. To take some runners off the table, et cetera, et cetera, et cetera, that way, you're locking in profit as this thing is moving down.

That's the bear case scenario. The bold case scenario to me is very simple. I think what you're going to watch happen is this. I think you can see it come up to retest the top of this downside level of resistance from the very large-scale opportunity for a breakout.

Now, there's two ways that this could go a it could it could just reject that it could come back down, in which case you know that you're trying to exit right here that would be an exit point you'd be looking to enter at the demand zone between 45 50 and 46 bucks if it gets some form of a bounce off of those levels, so that'd be looking for the calls for an entry off of that demand zone at about 45 50 to 46 bucks. The first case, like i mentioned if it rejects off that level off that line, all that you're doing, is exiting simple stuff. The best case scenario is it breaks this, in which case you should be clapping your hands together, you should be going baby. Let's go because you're looking for a massive move up to about 54.50 to 55.50, that is a 10 move.

That's a 10 point, move you're, making a lot of money off a move like that, and it's not guaranteed. Who knows this might take two three four taps in order to make happen, but it's certainly possible and it's something i think you guys should keep on your radar uh. So just keep that in the back of your mind. Last thing i have to say about this is the discord: uh did fire off an actual 1348 13 under 48 indicator, which means that it's coming into a one hour, bearish trend.

So there is the opportunity, like i mentioned before, where this could come to the downside. I personally believe that it is going to reject and move back up, but nonetheless, you are ready for both situations, both ways you're able to make money so just be watching the price action and look for the. If this, then that scenario, remember luck and profit, have a stop-loss set uh and have a plan. Those are the three most important things that i can give uh to anybody.

Obviously not financial advice. You got to do what you got to do. Ultimately, just put food in your mouth right: keep the roof over your head, whatever it's up to you, but i think there's some good opportunity there supporting resistance lines. All you're doing is connecting dots i'll show you the dots, real, quick that i have drawn up.

It's just based on these levels: dot, dot, dot, dot, dot, dot, dot, dot, dot, dot dot. You can see how these sort of line up right just be watching that you can do this yourself. That's what i've got for that and uh we'll go over and review it coming into either monday night or tuesday. So i suppose that's that and that's what i've got.

This is kind of a long video and i apologize for that. But we had a lot to talk about and i will leave it at that baby lots of things to be excited about this week. I'm very excited to see what amc and gamestop do. I think, there's some great opportunity.

I think the market's gon na continue to rally - and i think this is gon na - be a week where, where apes and retail investors walk away, saying it's about damn time. Baby we've been waiting a long time uh. This is looking pretty dang sexy and that's what i've got for this freaking video, so i'll catch. You guys on the next one appreciate you all as always: much love light taps peace,.