TLT had been turning around and lifting on the 4-hour chart but lost the 80 level. Under 80, it is expected to test old support around 77-80 (volume levels indicate that); above 80, buyers get more aggressive. It could drop to 77 before bouncing.

Now, let's look at the TLT real quick because that was TLT was this is like a a weird Let's look at the 3-day chart of the TLT. So, all of a sudden, it weirdly started going up.

I don't know why people were buying bonds if we think interest rates are going to rise. It didn't make sense. And then it stayed up, stayed up, and then eventually bonds sold off at the end of the day, which meant that interest rates could go higher.

Um, TLT is a great way to track what the bonds are doing, which I I think we've said that the tipping point in bonds remains, I think, the most important thing in the market.

Now does that analysis work on TLT? Can you give us the same kind of analysis? Okay, so TLT is under the closing formation, right? And we know.

What are for the TLT? It opened at the high yesterday, closed near the low, bounced in the pre-market in the GlobeEx event, and now is fading. So, this is telling us it's a do or die here.

If these rotate down, the next line is down here at 78 to 80.

So, in general though, this one is turning around. It is lifting. We can see on a 4hour chart, we had this great big move all the way up. It lost that 80. I've had that 80 that 80 line I've been looking at for a really long time.

The problem is when so many people have been buying the dip and buying the dip and buying the dip, especially when they did it at the first level of support, they're going to cut and run when it comes back in their break even.

And so that press up, what we've got is everybody fading again. And so the question is where is the higher low? And for me, I'm going to look at where the biggest volume event is.

And that's way down here at 77. Could it move back down there before bouncing? Yes, absolutely. Yesterday, it had a very sharp selling candle. This 4hour candle here is really important.

So in my mind, as long as this price action stays under 80, it's going back to test old support. The volume levels give us that. So 80 is that line in the sand today. Above it, buyers are going to get more aggressive.

Below it, sellers are going to get more aggressive.

And we have it set to open right now at 7978. The last trade, by the way, it pinned at 80 on the close yesterday, which is unusual. Like on the number around number.

We we went over TLT, we went over Netflix, we went over we discussed Balanteer, um we have Coree, I think is important, but what what are you going to be watching on the open?