It's beginning to look a lot like miss for those who shortage stocks. If you follow, you can see that you're, not the one for me, and i promise you you're out those silly chicken shorts. What are they doing? You're thinking thinking thinking that they're gon na get this thing down holy toledo guys, what is up, how are we doing it? Is your boy trey coming back again for another freaking video and we had a beautiful, beautiful freaking day. I know this is strange.

Two back-to-back amc videos, but we are having some decent price action and there are some things to report and talk about 6.7 green day. I'm gon na give you a couple different things right. We're gon na talk about the technical analysis briefly touch on north texas, that i'm more so interested in uh the available shares to borrow that's really what's caught my interest and then there's actually an interesting piece floating around about cross-market discrepancies, and i find that to be Pretty fascinating dave lauer has actually addressed this, so i'm going to share a little bit of his response and uh three different outcomes that are possible uh for this sort of situation. So, let's dive into it, we've got quite a bit to talk about my friends.

As always, i'm not practicing the financial advice. Do what you want to do. Let's dig into this bad boy, oh yeah, i was looking into a guitar i used to have a guitar. I play i'm left-handed, it's kind of hard to find left-handed guitars, the one that i owned.

I left in minnesota when i moved so i'm thinking about getting another one, i'm just looking around, but nonetheless starting off here with the vortex data uh currently sitting at 16.42. Right, i'm not going to take it to this super heavy. I talked about it in yesterday's video if you want to catch that, go check it out. It's just the video that i posted yesterday uh and there really wasn't a lot of change here.

Right. Casa bar is decently low. Still one point: two: three percent utilization hasn't really changed a whole lot in the last day or so uh. That's just what you got cooking up right days to cover is still decently high, essentially the difference between short interest and uh any given period of volume over time right, you take that value divided, it's still very high, which means that it's difficult for shorts to get Out because there is a lack of liquidity, a lack of supply for the demand, if there is a decent sized run up right.

So with that being said, what i find to be the most fascinating is that there's currently zero available shares to borrow and very low amount of shares to borrow for an etf, and this is a significant difference because it was higher previously right. That's that's important because that means that there's been a decent amount of shorting taking place in the chart. As of the last couple training days, which is which is interesting right because you do see that blind pressure last few days have been decently green. You have this test, which i'll get into here a little bit of a breakout of the bulb pendant right, which is a good thing to see.

But with that being said, i find that fascinating, because it puts more pressure. You can see that shorts are starting to really edge into this position. They can recognize the technical setup, that's currently rocking on amc right. This is a make or break moment where you can really get a nice size move, but using ammunition.

Obviously, by the data you can see, this is significant right to try and hold the price down and they are not succeeding in the least bit and that's a very, very good thing to see. I'm happy about that in case you're wondering it does say 0.0 fee, and that is simply because you can't have a cost to borrow. If there's no available shares to borrow right. If you can't borrow stock, there's, there's no cost to borrow associated with stock that you cannot borrow, of course, that does not include uh any sort of naked short selling that could take place, which can happen when there are zero available shares.

To borrow that is important to recognize right does naked short selling happen on a day-to-day basis in the way of stock right. I think it's more so when you look at the derivatives market, favorites are delivers. The amount of leveraging and liquidity gets pushed into that. That's really where it happens, if so on a daily basis right, but in this sort of situation it is entirely possible - and i think plausible, that you do see naked short selling and bad actors, uh partaking in essentially wiping on the toilet seat and then sitting down On it right, that's what that's what i would consider this to be so with that being said, i want to dig into the ta here right, i'm going to give you the neutral news first and then the good news after neutral news is this right.

I wouldn't consider this a break out of the penny. Yet, yes, the candle is above that trend line, but in the same way, as we've seen back here right with this false breakout right here, it didn't have the volume to back it up right. You need a closing bar of volume, which is what i would consider a bar of volume, that's significantly higher than the previous couple training days over a given period of time. Maybe a couple days - maybe a couple weeks - maybe a month similar to what you saw back here right.

This would be considered to me a closing bar volume, because you've got enough volume to separate from the previous volumes right and it's sitting at about. 294 million total shares on that date. Now i don't think we need to see that many because uh, obviously the share price is higher, which means it'd be way more liquidy to push it. I think you just need to see more volume overall, 70 to 100 million to me is gon na, be that true breakout volume level uh to get that real push over.

But there is good news right. You can see that there is interest and the volume was higher, so it could be a giving of what is to come in the next trading day right. This is definitely definitely definitely something to watch for and should get you jacked up straight to the nipples right. My nipples are literally inside my throat right now.

That's that's! How jack there are you're wondering how i did it. Well, they sucked up inside of each other, and then they went there. I'm just kidding nonetheless, good things right. I always want to see a continuation of this pattern and the volume to follow through on the next overall training day.

What did you see take place today right three tests, four test training, one test, two test: three tests; fourth test gapped up in the pre-market and just continue to move right, clears clears day, clears butter. One minute chart i'm not even gon na focus on this, because this isn't important, but the same thing happened today with this four test trend right, one test: two tests: three tests, fourth test broke over right; it's a very, very recognizable pattern, and that's why this is A significant sort of setup, because you have that fourth test on this pendant right here, one two, three four: i do think this is going to be the time that it breaks out of that panic. But those are the things that you're occur, that i'm watching for at least right. You make your own decisions watch what you want to watch, but that's what i found to be significant on the day-to-day basis sort of stuff.

Now, what i want to spend a decent amount of time on is this: this uh, this strange sort of cross discrepancy on bid and ask now. Why is this important right? Well, dave lowers kind of addressed this uh here today. I can kind of show you what he had to say, but this is important because, typically, where market makers make money is the difference between the bid and the ask on any given security right. So if there's an imbalance, meaning that perhaps the bid is higher than the overall ask similar to what you see uh on this on this chart right look at this 4273 versus 4234.

That means that market makers aren't making money, because there's no gap between the bid and the ask, for example, right look at the bid in the ask right now it's at 42.50 for the bid 4253 for the ask. So if they fill an order, they make that three cent difference in spread, that's their profit right. They make the money on a difference in spread, so if there isn't a spread, in fact, if the spread overlaps like this with this cross market discrepancy, they don't make any money. So here i'll play this out for you right, i've drawn it up on microsoft, whiteboard.

What are the real things that could have happened here? You can a have a glitch b. You can have too much fast selling, slash buying, which overwhelm market makers in a short period of time or see the opposite of that too slow of buying and selling. Not enough liquidity to move markets efficiently in a short period of time, now dave lauer kind of elaborated on this a little bit. He did uh line this up.

He said if this is not an evil issue, then it could be a market data feed issue. If the 30 share order, execution, slash cancellation message was dropped by the feed that a bunch of platforms will have it stuck as the best offer, but this can only be a data issue, meaning that something's been spread across multiple platforms. This just wasn't just a weeble issue. You can see it here with uh another platform right.

This is not what you believe you can see. That's been asked discrepancy: here's the bid at 4273, here's the asset 4234 right that could be a data problem, that's deriving from the top down, so that could be a glitch right. He's saying that that could be a glitch. That is a very real possibility, right that could have just been a nothing glitch, but at the same time, right.

Let's just give you another hypothesis. This doesn't mean saying that this is absolutely what happened. This is me saying that this could have happened right if you have a discrepancy between buying and selling bidding ass supply and demand, you can see that sort of overlap take place if there's too much fast selling or buying uh overwhelming market makers in a short period Of time now get this right, you have absolutely no shares available to borrow you had 200 000 earlier in the day. Last week you had millions right today we were up 6.7 percent.

This could seriously be as simple as there was a discrepancy between buying and selling pressure. It really could be that easy, where, where there's just so much buying pressure that the ben asks skewed itself uh it's possible right, the volume is very low today. You think you'd only really see that with a stock, that's monstrously, monstrously green, like it's just got it's up 500 and nobody's selling that thing it's just ripping ripping ripping ripping ripping, but if all the volume coming in on any given day is just straight buying pressure, You really could see that discrepancy right. Those are just different, different perspectives and ways to look at it.

Of course, there isn't too slow buying selling, essentially not enough liquidity to move markets efficiently in a short period of time. That could also be it uh, but it seems less likely when you look at the overall chart and what did take place here today. This did seem to happen in the last hour-ish of regular market hours trading. So take that for what it is uh.

It's definitely something to think about. It could have just been as simple as a glitch. My personal opinion right amc's got a lot of glitches all the time and i'm starting to wonder how many of these are actually glitches or uh, or if this is legit, just hints and glimpses at some happening behind the scene or these. These market makers and uh and people that govern the way the market operates are just sitting there like.

How do we contain this? This nonsense, at least i can say right, is if this was not a data issue. Market makers today, such as citadel uh, were burning 100 bills, flushing them down the toilet. They were losing money, which is always a great day, the book of uh of the apes right. So that's really what took place today.

It was a. It was a good day. This is definitely something worth getting excited for uh. I'm i'm happy with this right.

I got a little i shouldn't say over keen back here, because i am still excited. I was so excited, even when i saw it sell off, because it is still respecting that pattern, especially after that bounce, but this is a purely beautiful technical pattern right. This is stuff that uh we've been waiting for it for months i mean honestly, this is what i've been waiting for for months. Many people across the world have been waiting for for months is the setup for moments like this that are coming? I think soon right and i'm not here to lay out dates.

There's people out there that do that. Let them do that right; they can do whatever they want, but i'm not that guy. What i'm going to tell you right now is things look good? You can see it on the chart if the volume falls through here you get that nice solid green day uh. The time is coming and that's what i've got for this video, my friends, my family, my fellow girl gang you guys all take it easy.

I am going to probably get myself a subway sandwich. I do in fact have subway cup back here right. A lot of people were pissed off because i abandoned subway cup, but i could never. I could never abandon my girl.

You know how it goes catch. You guys on the next one much love light, taps always and peace from james earl jones, baby.