Amc our girl amy, is sitting real decent right now. This is looking like it's actually got a decent chance to get a reversal. Now i want to show you guys this on the four-hour time frame. I've cleaned up my chart, because i wanted to show you guys.

Uh, probably the meat and potatoes of what i think is really important here so check this out. I've got a couple. Different levels drawn up. Very simply put i've got this ascending level of support.

It's that white trend line. I've got this green line, which is twenty dollars. Twenty dollars is a key pivotal momentum level that uh we're gon na have to to crack right. That's gon na be a tough one to crack, but if we do get a hold over, that will bring us up to this supply zone right here, this red box, which is uh deriving from this price action right here, you can see it on the four hour Easier to see on the one hour so we're gon na switch over real, quick uh the one hour candles.

You can see that it's consolidation very choppy, not a lot of volatility price action before a steep move down this to me indicates one thing: it dictates that i know that there are algorithms buyers and sellers computers, big institutions, banks, market makers, whatever it may be, that Do not want price above these specific levels, which is about 22 and 31 cents up to about 22.90, so it crack over 20 and a good hold over. That will likely bring you up to this box and from 22 uh and up right. If you get a crack over 23 you're, looking at uh, some big fat nasty disgusting filthy, you already know what i'm about to say so drop it in the freaking chat baby candles. That is what will come after that red box break uh to the upside.

If and when that does happen in the near future here, so i am watching for that. This does look good you'll know that this, this very small micro bull trend, has ended. If we crack beneath this white line, we crack beneath the white line right. What are you looking at for a girl, amy uh, there's a couple different spots to watch, for we have kind of been whiplashing around quite a bit.

The market has not helped with that. The market's been very volatile. It's been bouncing around a ton uh so because of that you know you could see some whip lashing back and forth, but you do have a level of support right here, trying to draw in white for our girl, amy, uh kind of flat, topped out here. You can see that it's uh rejected off this level here rejected off it.

He ejected off. It here rejected off it here, ejected off of here. So if it comes down it breaks this ascending level of support, you would expect it to try and get some form of a bounce at around 19. 1897 is the exact number, but you already get the picture right.

It's the overall generalization of uh, the number that matters and the number uh that you should keep in the back of your mind as a bear case, support is 18.97 for now, although we're green on the day, we're going in the day 1.18 uh, you are really Hoping to see a continuation of trend here, uh to get that break over the 20 level, and it does kind of look like it could be forming up by some sort of a bull flight. Now you might be thinking yourself is that a george dapia? It could be a george w, but this is a much larger scale sort of bull flag scenario. Does that mean that it's going to break to the upside no doesn't mean that it's more inclined to break to the upside? However, i would argue yes, so what you have here is an ascending level of support within the already macro ascending level of support, the the the small scale that we have followed by what appears to be a descending level of resistance. This forms out to be a flag.

You see this uh, this sort of long pole of green candles right here, followed by a bouncing around between a range that is tightening up as it continues to move uh move around. So that's uh, that's what we got rocking for uh for the day on amc, right, small scale, i'd say one two: three day trend of a bull flag. You look at the macro. You can see this uh, this nice upside level of support.

You can see that it's trying to get some form of reversal look at this on the daily candles as well, and you can see that this is starting to bowl out right. It's starting to curl up back uh to hopefully some green territory, and this is the longest trend of green that we've seen on a week to week to week basis for a girl amy in uh. About eight months i mean it's been a long time. You kind of have some green right here, all right: 18, 80, 80 percent uh, but not in this, in the terms of how much percentage gain we've been getting.

This is probably the only other time where you've really seen amy try to curl back up and get some nice green candles outside of right here. So this is a good couple of weeks. Uh strung together trying to get us back into the the promised land for our girl amc. Now with that being said, i wanted to come over here and show you guys the spy.

This has been whiplashing around uh pretty decent. You might be wondering yourself what the hell is up with the uptick in candles, and i actually got a couple of messages today. The package might be from the no there's no package, there's no package returning a package, no we're not we're, not grabbing anything we're giving back. That is the way of uh of the jedi, but uh.

I got a couple messages right regarding the fed regarding 5c minutes. Regarding uh, how does this relate to amc? How does this relate to the broad market? So i wanted to be able to take a couple minutes here to walk you through what i think is important when you're looking at uh the broad market and the fed in regards to uh amc gamestop any of the quote: unquote: meme stocks, the retail favorites and How that can actually affect things right, so in order to truly understand where this comes into play, we have to come over here to you already guessed it our handy, dandy, microsoft, whiteboard we're going to dry up a beautiful picture uh with a couple of important things To go over and i'm going to show you guys a news article that just came out right, there's a couple terms that you uh, you probably want to know uh if you are new to the fed and you're new to pharmacy you're new to all that stuff, Because i didn't know this stuff a couple months ago until i really started diving into it, uh trying to understand macroeconomics and that sort of thing. So there's two terms here that we're gon na start off with uh, hawkish and dovish. These two are sort of uh opposites of each other.

Right hawkish is a stance in which you can expect the markets that start getting a little bit. Bearish right, hawkish is kind of when, when jerome powell is talking about how he wants to raise rates, he wants to tighten down the economy. He wants to make it less accessible to borrow cash and the sort of manner that you're used to over the last. You know two years or so, since we had colvin, why would you tighten the economy it would be if the economy is is uh is operating at a pretty solid pace, a pretty solid manner? You can see that there's growth happening and you don't feel that you have to stimulate the economy because it's kind of stimulating itself so hawkish you would be tightening uh tightening down, which would mean raising interest rates, as probably the first and foremost thing.

How does that affect your life right well to the stock market? Typically, in the short term, it makes things go down. You can see this right, you've seen a lot of scare over hawkish jerome powell being kind of the opposite of uh what he has been for. Some time and it kind of caused this sellout from 480 down to about 420 bucks. That was the result of drone powell being pretty hawkish so for the market, you know.

Typically, you see things go down a little bit. Uh we're gon na make that an m down market in terms of the economy uh, it just makes everything cost a little bit more money. So if the interest rates go up right, it means that you're, probably gon na pay more for a car. A car loan, you're, probably gon na pay more for a mortgage lines of credit, are gon na, be expensive uh.

It just makes it a little more expensive and a little less accessible to borrow cash in a manner in which you're probably used to dovish. On the other hand, is the exact opposite of this? Dovish means uh. You look back on colvin kovac. There was.

There was massive massive amounts of stimulant that was needed to get the economy going due to uh. What what basically the fed did, what the government did? What politicians did what congress did, which is basically shut down the economy for a prolonged period of time right? A lot of small businesses went out of business. A lot of people were struggling to pay their bills week to week to week to week to week, and because of that, the fed thought it it would be best to go dovish to stimulate the economy. Typically, this is lowering interest rates uh in this case they actually printed money right, so they increase the amount of money that circulates within the u.s economy.

Uh. These both do the exact opposite of hawkish right that actually made the stock market grow, because, on top of the fact that they printed money on top of the fact that they lowered interest rates on top or at the very least, kept interest rates, low uh. They also bought stock right stock. The federal reserve bought stock.

They in a way pumped the stock market right. They they uh they used instead of uh like treasury bonds. They went into actual securities and boosted the stock market in that way, and because of that, the result of that on the market is the market typically goes up right. So if you're looking at sort of what's happening today with the spy, you can see that it's now green on the day coming off of almost a percent down on the day right at the very lowest.

It was 441.94 cents, an ounce at 446.50 or so has gone as high as 4.47, but nonetheless right. What do you imagine happen? Well, we can come over and just show you really quick. This is simple stuff right. Breaking pharmacy minutes say, most participants suggested a faster pace of interest rate increases versus 2015..

The minutes of the 25-26 january 5c meeting released on wednesday said that most participants suggested that a faster pace of increases in the target rate for the federal funds rate than in the post-2015 period would likely be warranted. Now, why does that matter? What is this going to do for the stock market right? Well, if we come back, i don't know. If i closed out of microsoft whiteboard, i don't think i did. Essentially, what this does is shorten timelines right, he's gon na be more aggressive.

Instead of let's say he wants to do something like this right: uh rate, hike rate, hike rate, hike rate hike rate hike. This axis is time right. If this is one scenario he wants to do five rate hikes in the span of let's just say 18 months. Let's say that black is 18 months right here.

If he wants to do the same amount of rate hikes, but in a faster manner, it could look something like this right. Let's come back to uh red we'll make this the next color and say that it ends right here. That is a very straight line. Maybe it means rate hike rate, hike rate, hike rate hike rate hike and that's the end of it and red over here is equal to 12 months.

Now i don't know if that's the time. This is just what i'm using as an example uh. However, what this would do is essentially be a little more aggressive right. You're gon na get a little more of a crackdown in terms of what happens uh on a day-to-day basis in the market, probably a little more volatility, but it does mean that the tightening will take place faster and if the tightening takes place faster, it means that You're ripping the band-aid off in a more aggressive manner, uh, which i would actually believe is hawkish news, but what the market seems to be reacting to this, as is hey.

We're gon na get the paint over with much faster than we originally anticipated. This farm scene meeting gave us uh. Foxy minutes gave us the idea that hey this might not be as long term as we kind of thought that it would be so that's kind of what you're looking at is the market being like? Okay, look: we can relax. This may get over the next 12 months.

18 months. I don't know what the time frame looks like, but it'll be faster than we were anticipating. So that's uh, that's sort of what you see happening right now with the spy. You might be thinking yourself, trey, i'm here for amy, i'm a girl amc! That's it! That's all i care about right.

That's true! That's totally chill! How does this relate right? Well, if you look at let's just pull up or text real, quick and look at the spy and let's look at iwm, because these are both both broad market etfs iwm, the russell 2000, which is probably the most relevant towards amc. I cannot believe still that the short interest on this is 39, but it's insanely, shorted 39.78 of the top 2 000 small and mid cap companies in the united states stock market are shorted in this etf. This is the best 2 000 small mid cap companies. You can find and it's shorted to 40 percent in the same way, if you were to come over here to the spot, i think there was a drop off recently on shorts for uh the s p 500, which is the top 500 large cap companies.

Now it's at 16.74. However, you can see that this affects the way that shorts are likely going to be attacking positions. So if all of a sudden, the markets decided hey we're, not gon na be as bearish as we were about two three four weeks ago, and they want to go into this with a less uh, less bare stance, a more bullish hopeful stance that leaves far less Upside for short positions, such as you see in the s, p, 500, 16.74 short interest but, more importantly, iwm the russell 2000, the top 2 000 small mid cap companies, united states stock market right. These guys have far less upside short than they do long.

You can go short on iwm. If you want right, maybe you can scrape a couple nickels, it's possible right. Let's just look at iwm. Really quick amc by the way is in the iwm.

It is in the russell 2000. It is a part of this uh. This overall index fund, how much more downside do you believe there is in the short term for iwm unless there's a true market crash, a depression, something along those lines right? Well, the next level of support that you're, really looking for which it's already bounced off of which is right here, would be down to this flat top. I mean that's about it: 170 bucks and 75 cents, so if you're shorting it at 191, maybe you've got 10 upside eight percent 12, whatever that comes out to versus coming back up to 244 or even the top of this range at 231.

You've just got more upside is along here. You can apply that same methodology to all the stocks that are in the iwm, the russell 2000 uh etf, such as amc, the shorts in amc, which, by the way, are very incredibly incredibly high right now check this out. We're going to come over here to the shorts because it is basically at an all-time high. 21.17.

Current short interest of free flow 100 utilization costs to borrow maximum starting to creep up by the way very slowly starting to creep up. These guys have far less upside short than they do long. How much lower do you think amc's gon na go think about this from your perspective from a shorts perspective right, if you were short right now at twenty dollars, what point would you start getting sweaty? What what point would you start getting nervous like uh? This is kind of approaching some tough territory. I really don't know how much more downside there is on this right versus upside.

If i'm buying at 20, i bought at 15 right. I bought a 15 in some change if i'm buying now at 20, i'm thinking to myself, there's far more upside than there is downside, there's far less risk going long than there is going short. It almost makes no sense to go short right now at 20 bucks. Maybe get this down to 15, maybe very microscopically! You can get this down to 11 10, but you're timing.

The market at that point, that's very difficult to do. It doesn't make any sense. So this is all to say right. The brain is back to the pharmacy minutes.

Talk about the spy to talk about what's happening with the fed. This is all important because, if all of a sudden, they flip the market bullish, this affects not amc solely, but all small and mid cap companies which have got piss pounded by shorts over the last 12 months, especially over the last month or two months right. We come back to iwm, you look at amc, you can see. The short interest has been climbing.

It's gone up. It's gone up significantly right. You come back over to iwm, what's been happening with the short interest, that's at 40 percent, the etf's at 40. Short interest.

Look at this, you come over here to shorts. You look at how much this is up. It's up significantly. Shorts have been pile driving into this from 33, all the way up to 40 percent in the matter of what appears to be basically a month.

The last month, this thing's almost gone up 10 short interest, so uh. This is gon na significantly change the outlook of a short position in any of these different names. So that's why i want to touch on this. I do think it's a decent deal and the market reacting to it.

The way that it is could signify that uh, the pain at least short term could be just about over so uh. It's good news, i'm very happy, i'm very satisfied with what we got to see here today from bomb scene minutes, i'm not mad at the least bit. Hopefully, you guys are all chilling uh, that's sort of the update that i've got for uh for the fed for pharmacy. Hopefully that helped you out if it did drop a like until i that's all i care about help boost my self-esteem i need.

I need the dopamine hits uh, that's that's it for one guy drop drop pity in the chat just so i know so just so. I can see that you guys are respecting the pity likes for me. I do appreciate that plus margin interest rate goes up next month. Exactly marta definitely definitely an important topic to be able to discuss as well.