All right, what's up guys. This is Alex from Xtrades back to you with another weekly trade ideas list. Hope everybody had a wonderful weekend. Had a good trading week. It was very wild. We had an FOMC meeting to the Federal Reserve at a press conference and Marcus just totally sold off. So we went risk off last week. Very, very tough week. There was a lot of volatility that was tradable, honestly. And our setups that we had last week did pretty good. We had Google and Bobo puts that did pretty good. The only thing that didn't work last week was TLT. I was looking for calls on that. It actually broke through the demand zone that I was looking at, but then I actually re-entered some calls on Friday. So I bought some time on those and we'll see how that goes. Hopefully we can start filling that gap to the upside. But if you're tuning in for the first time from YouTube and you're not in our trading community, I wanted to remind everybody we are a trading community. We have a discord community. Folks a lot on education. We have alerts, whatever you need to learn how to trade. And we also have a web platform and also an application for mobile. So if you go to app.xtrades.net, plug in the link in the bio and I'll have the discord link there as well. If you want to come check us out, come check us out. You get a seven day free trial and then after that, if you choose, you can buy a membership. You can pay it on a monthly basis. You can pay on half a year basis or you can buy a lifetime membership. So come check us out, message the mods for some details on pricing, but enjoy your seven day free trial and come check us out. I believe we're a lot different than a lot of trading communities, especially a lot of discords out there that are, they're kind of just like pumpers and they don't really care about their members. We're very focused on education. We put out a lot of stuff for people and we have a pretty big team. So it's not like it's just one or two guys running the server. We have a pretty big team. So we have a very diverse team with a lot of different viewpoints on the market, a lot of different education resources, just all types of stuff. So come check us out. And that's the app.xtrades.net for the application. Honestly, I think it's worth the membership by itself. I recommend going to check it out. But then we also have the Discord as well. So I'll have the link in the bio for that as well. So for this week, we do have some more data coming up. We actually have the PCE this week. So this is actually the feds preferred inflation gauge. That's going to be on Friday, but you can see Tuesday, we have the consumer confidence and Fed Bowman. We also have new home sales. So new home sales and consumer confidence will probably be the most important for Tuesday. And then Wednesday, we have durable goods orders, durable goods minus transportation. This is a hit or miss if it's going to move the market. Thursday, we have our usual initial jobless claims. We also have the GDP revision, Fed Cook speaking. And then Fed Chair Jerome Powell is actually speaking, but it's not going to be a market mover. I don't believe it's actually just a town hall meeting with Washington educators. So it's not like the FOMC press conference or it's not like him testifying in Congress. So it's probably not going to move the market that much. And then Friday, most importantly, personal income, personal spending, PCE index, core PCE index, PCE year over year, core PCE year over year, advanced US trade balance and goods, advanced retail inventories, advanced wholesale inventories, Chicago business, barometer, and consumer sentiment at 10. So personal income, personal spending in the PCE, obviously the most important on the week, I would say it most important on the day as well. And then probably consumer sentiment and that comes out of 10. So that's where the economic calendars want to go over that real quick. Most importantly, just pay attention to PCE, probably the GDP as well. And then maybe consumer confidence on Tuesday. And then before we get into some charts, let's go ahead and go over the Almanac real quick. So Monday, September 25, we have the Dow at 42.9, the S&P at 42.9 and NASDAQ at 47.6. And these are all probabilities for the chance of the market rising. They're very neutral for Monday, Tuesday, Dow at 57.1, S&P at 47.6, NASDAQ at 52.4. So a little bit better historically on Tuesday, but still relatively neutral. And like I said, these are probabilities or the chance of the market rising Wednesday, end of September prone to weakness from end of Q3 institutional portfolio restructuring. And it's like this a lot of months towards the end of the month, you'll see a lot of big money start to rotate around different sectors, you'll see some risk off going into the end of the month. Sometimes you'll see some risk on you see some crazy buying into the end of the month. It just depends. September is historically weak. So a lot of times we'll see that weakness all the way into October. And then you'll start to see that bid start going back up in October. You can see Wednesday, we do have a bull icon. So this is a historically bullish day. Got the Dow at 61.9, S&P at 61.9, NASDAQ at 47.6. So higher probability day for the chance of rising for the stock market on Wednesday. Thursday looking neutral with Dow at 57.1, S&P at 57.1, NASDAQ at 38.1. That's our Thursday, another neutral day, no specific icon. Then Friday, historically bearish day, you can see last day of Q3 S&P down 16 of last 25. But up five of the last seven massive 5.4% rally in 2008. So during the financial crisis, probably just a big debt cap bounce. Then you can see the probability is really low. Dow at 42.9, S&P at 38.1, NASDAQ at 47.6. So very low probabilities for that day. It even has a bear icon for that day. So this is a historically bearish day on Friday, September the 29th. So that's for the Almanac. If you want to go get one, go to Amazon, type in stock Almanac, you can find, you know, the updated version, they might have the 2024 version out already. I'm not exactly sure you'll have to go do some research on that. I get a new one every single year, but I buy it towards, you know, December, January, when the year is about to end. All right, we'll go ahead and get into our setups. This week I have three. Our first is CLF here. This is a steel company, very popular in the steel sector is probably my favorite one to trade between all the steel names. My top three is probably like CLF X, which is United States Steel, and then also Newcore, Newcore is pretty good as well. But the volume is honestly the best on X and CLF. They have the highest volume and the options have the most volume and open interest. So it makes it smoother to trade spreads are better on the options and liquidity is just better overall. So CLF is actually in a falling wedge here. So you got a test one, test two, test three. So I had a downtrend, a confirmed downtrend as well after test three and follow through that's when you get that confirmed downtrend. But now you can see it's actually trying to break out of that. And then you also have the trend line support. So test one, test two, test three. So you got a perfect wedge here, you got three tests on each trend line. Now trying to break out of that to the upside, but we need to see it get over 1450. So then get over 1450, maybe make a base off that or if it just wants to go straight up over 1450, make a base somewhere else, that's a good sign as well. But with these types of patterns, sometimes it's good to see a breakout, make a base or higher low, and then it'll spring higher. So it just depends. The best thing to do is just buy time on your contracts, it'll deal with any drawdown risk. And you know, it's easier to manage if you were wrong, at least the drawdown won't be that big. If you bought 30 plus days out for expiration for swing trades, or if your day trading might be wise to not do the zero days, if you're going to do the zero days, stick to, you know, smaller size, very, very small size. That's what I've been doing. I actually got stopped out of a zero day on Friday, and it was a 60% loss in the contracts. But the thing is, is that I only took two two contracts.  So that's what you should be doing with, you know, short term contracts, cut your size in half, especially for September. September is just weak. And it's not that fun to trade. You know, if you put on a hedge at the beginning of September, smart move. And that's why we show you the seasonality. I showed you the seasonality towards the beginning of September, we were looking for the last half of September, from the 15th, and so on for the rest of the month to go down. And you can see exactly why it's exactly what we've done. It's been a little bit trickier because you've had a lot of random bounces, a lot of chop, right?  So that's just a little rant on buying time on expiration, definitely buy 30 plus days. If you're going to swing, if you're going to day trade the short term contracts, like I said, just cut your size down. There's no point in trying to gamble on those. And sometimes you need to give the market room to breathe and you can give the market room to breathe if your drawdown isn't too big.  Sometimes stuff just needs room to breathe and you can do that if you go smaller, you can deal with a little drawdown. You could deal with a little bit of red. That's for CLF. I'm looking at calls need to have 1450 break over that and it can go higher price targets. Obviously, there's a little resistance right here at 1476 at the peak high right there. And then there's another peak at 1562. This is also a pretty big supply area as well. So that's your supply. It's actually a rally based drop. So maybe that's the overall area it can get to over time. But it really needs to get over 1450 and then also get over 1476, which is that peak right there. So CLF looking at calls, be patient by time on it. Next, we're going into energy. So this is XLE, which is actually been a killer. It's pretty much been running with the DXY or the dollar pretty similar to what we saw in 2022. VIX dollar energy all just going up at the same time. So it's been very interesting. A lot of volatility in the markets the past couple of weeks. Now XLE is actually starting to break a pretty important trend here. So you get a test one, test two, test three, and try to do a test four, but it wasn't able to it actually broke on the first test four candle. Even back tested right here, you can see the WIC actually touched the trend line and this little area right here. And then it tried to go lower. So this confirmation and this back test rejection is pretty nice. That kind of tells me that there's a good chance it could go a little bit lower. You can see there's a previous resistance right here. I really can't see past this 87 was the 8774. So if it does want to go lower, that's probably about as much as I could see it for right now just because this can act as a back test level. It actually kind of acted as one right here at a short term balance. And you can see once we tested the trend line and then it got back over the 8774 right here, was able to start going higher and then it broke over this swing high at 90 and so on and so forth. So this 8774 is probably just going to be a pretty big back test level. You got to test here, you got to test here, you got to test here, some trading right here, another test here. This can be a pretty high volume area where a lot of trades have taken place, which means there's a pretty good chance I could try to hold up with that area since it's a previous liquidity zone when there's a lot of people trading at. So it's probably as low as I could see it. 8774, the setup is pretty obvious though. We're looking at puts on this. If you're going to swing, obviously, like I said, 30 plus days, stick to it and don't swing weekly. It's just dumb. I know the gains are good if you're right, but if you're wrong, the drawdown is just not fun. So buy 30 plus days, stick to that. If you're going to trade swing trades, stick to the monthlies. They're just way better to trade. There's better volume and open interest to on the monthlies because all the big players and all the big shots on Wall Street, they're trading monthlies and most of the money expiring on those big expiration days for the monthlies is all coming from big money and Wall Street. So they're sticking to the monthlies. So I'll be looking at, you know, October 20th for your expiration at a minimum right now.  But like I said, I can only see to 8774, that general area, if it can get down there, you know, it's probably good area to start looking for it to start bouncing again. So that's for actually looking at puts. All right. And last but not least for our individual tickers looking at Tesla here, I actually don't really like to trade this one that much. I don't remember the last time I did trade this thing. I just feel like I don't like the movement that much. There's a lot of fake outs on this thing. And it's just tough to trade sometimes. But what I do really like on this is this rally based rally demand zones. You got a rally base rally, really nice base candle right here. It actually acted as a launch pad right here and right here, the general area, at least, is able to go higher off of that. So this actually would be like a second or third test of the demand zone, which means it might not be as strong, which is why I'm probably just going to look for short term day trades off this. I'm not going to be looking for a swing specifically on this. And I'll show you why a swing trade a better entry, in my opinion, would probably be down towards this trend line right here. Yeah, test one, test two, if it came down for test three, you probably look for a bounce in that area, you know, buy 30 plus days and be able to deal with that. But right now, it did reject this longer term downtrend that I've been tracking. So you got test one, test two, test three, test four, test five, even so it's rejected this general area five times, and it's still mid range, which is why I'm just looking for a short term rebounce to the upside right here. Since it's mid range, there's really no confirmation, you know, of a bottom or really have a bounce yet. And it may need to go a little bit lower into the demand zone before trying to bounce. So I'm just going to be looking for short term day trades on the scalps, you know, just for a bounce in this general area. And if we can get that, it could make a really good day trade. I mean, it could be oversold on the hourly timeframes. It's been selling pretty hard, already filled this big gap and, you know, come into a pretty strong area right here. What is that about, you know, 243, I would watch the 244 area as well.  So just pay attention to general areas. If it seems like the general area is holding up, you know, as long as you have confirmation and, you know, you got some good candles to confirm your bias, you can enter a day trade. So just watch this general area looks pretty good. Tesla looking at calls, only day trades though. I wouldn't look at a swing right here.  I was just showing you this longer term uptrend. That'd be a good, you know, first swing, assuming that a one day close closed over the trend line and it showed a nice reaction bounce to it. I'd be willing to go long there or maybe even this two 17 area rebounds right here. I'm sorry, rejected right here and bounce right here. That's a good area to look at a swing as well. But this is mid range right now. So maybe a little bit smarter to just stick to the short term moves as it tries to rebalance to the upside if it can do that. So let's hope it can just watch this area. Maybe needs to dip a little bit lower into the demand, but just watch the general area. So Tesla looking at calls for day trades. All right. Now we go on to the indexes. My first one we go over every week is the SPX, the S&P 500, the Spy, whatever you want to call it. Last week, we're focused on this 4, 4, 30. I mentioned that I could see it going down a little bit more. Let's see. This is Friday's close. And I said, maybe need to go a little bit lower before try to bounce at that 4, 4, 30, which it did for about two days. To his day, it kind of bounced off of it. And then we bounced a little bit on Wednesday as well during the FOMC. But after it was over, that's when, you know, we went full risk off. We broke under the 4, 4, 30. As you can see, this big candle confirmed that. And we also broke the up trend line. So you got to test one, test two. We had our test three on Tuesday and it bounced right there. So you had trend line plus support at 4, 4, 30. So you got test three of the trend line meeting right with 4, 4, 30 right here. That's why we kind of bounced on Tuesday. I can even show you on the 15 minute. So here was Tuesday right here. This is the same trend line I just showed you. Here's 4, 4, 30 bounced off the general area of the trend line. And then once we got back over 4, 4, 30, the velocity did pick up. We had a nice little ramp up right here. Once I got back over that really nice run, even gapped up a little bit on Wednesday. But then we went into choppy trading as it does before every FOMC meeting. And you can see we write at two o'clock. This is when the interest rate decision came out. They paused. They didn't raise or cut interest rates. Andrew Powell was kind of just 50-50 on if they would raise again. They did no mention of cuts. Nothing like that. It was actually a little bit confusing. They didn't really give a straight answer on anything. They just said we could or couldn't raise rates again. So there could be one more hike, you know, coming. Who knows? We have no idea. I don't think anybody really knows. There really wasn't any hints of any sort. So we're back to data dependency, which is just annoying. I mean, we've been data dependent this whole rate cycle. So as long as the Fed is data dependent, markets and traders are also data dependent. So we just kind of go one data set at a time.  And you just kind of second guess everything.  There's just so much uncertainty in the markets right now. It's crazy. So yeah, I wanted to highlight what happened once we lost that 4, 4, 30, which is our level of focus. Just awful. Then even the next day is big gap down. And I'm hoping that eventually we could fill this gap up to the upside.  So this week, before we try to go long or before we try to catch any bounces, we need to see it reclaiming 4,325, which is just the low of this bar right here. And that's also a little back test level from 2022 over here. So 4,325 is pretty huge. You got a bounce here or I'm sorry, a rejection here. You got a bounce over here, bounce of the general area right here. So the, you know, the 4320s is pretty big. So we need to get back over that support. As long as they can reclaim back over that, there's a good chance that the market could bounce. We saw it on Friday. So look, it dipped just a little bit below 4,325. And then once we got this bar back over it, there's a crazy algo pump. I mean, it's just insane. And then it's just a crazy algo dump right after that. And these are huge move guys. I mean, these are ginormous for an intraday basis. You know, this is almost half a percent. This is almost half a percent dump. So very big moves. And so it's towards the close. I just want to highlight once it broke under that 4,325 and reclaimed it. There was a pretty good shoot up right there. And the general area held right here as well. We had a nice, you know, continuation of it right here. So just this 4,330s to 4,320s. Just watch that area. If we can get back over the 4,325, you know, maybe we could see a bounce, but need to see that first. Otherwise, we really have nothing holding us up here. So we broke this low, which takes us down to our next demand or base out area. That's going to be about, you know, 4,283, 4,280s or so. If we start closing under this, you know, more consistently, there's a good chance it's just going to flush back down to that. Since we did break the support and probably try to hold up about there. Yeah, that's how it's looking. I mean, we have a level right here as well, this little low at 4,335. So we'll need to watch that one as well. That's just this low from was that August 18th. So we need to get back over that as well. So the 4,335 to 4,325 need to reclaim over that for the bulls. Or if it keeps staying under that, there's a good chance it's just going to keep flushing down to this little demand and probably try to curl up about there, at least on the short term. This little demand that we were focused on is now broken. We closed under it. So it is void and I do have to get rid of it. So we'll just watch the regular lows, just draw a regular line. You know, 4,325 or 4,328, whatever you want to call it, we need to get back over that. And that's the most recent kind of structure lows. So as long as we get back over that, maybe we can get back up, fill the gap, fill this big sale imbalance from the FOMC. Otherwise, really good chance just going to flush down to the 43. I'm sorry, the 42 80s. I got a showing you right there. That's a pretty good demand zone. It's a rally base rally demand zone. So that's my next price target to the downside. If it keeps, you know, closing under this 4,320s to 4,330s area, good chance it's just going to flush down. So watch that carefully. All right. Next, we're going into the QQQ. So last week, we were focused on 369, which is this low right here. And we're also focused on the trend line. Just test one, test two. So open for a test three bounce off that. It kind of got it on Monday is very short lived. As you can see, we actually got all the way up to 371. So it wasn't awful on Monday. We did get a bounce off the 369. So I was looking for dip buys around that area at 369. So here's Monday, actually bounced off of it to the tick. So I had a pretty good bounce off that even got over the trend line, which you can see is diagonal and trending right here. And then once we got back under it, this is where stuff kind of started to get a little bit slower. So we had a break under right here, market sold off, ended up going back up, but we never reclaimed back over it. Chopped out right here. FOMC came out. And that's when we went lower. So we weren't able to hold the 369s. We actually had two consecutive closes over the 369. Keep in mind, this is a mid range support. So this is not like a major, major low like down here. This is mid range. This is between an extreme low and extreme high. So I really wasn't too confident with this little support right here in the first place. It's not my favorite. I was more confident in this demand right here from the last huge buying balance we had. So this is our demand. I was looking for bounces off 367. That was an area I also mentioned you could look to buy the dip and it worked pretty good for this one day on Tuesday. Once Wednesday came, FOMC came, you can see we just kind of started slicing through it and then eventually we opened below it. So this zone went void and that's why it's not there anymore. But we did a pretty good bounce off the levels of focus, which is, you know, 369 got that on Monday, kind of got it on Tuesday. But Tuesday was more of this rally based rally we were focused on last week as well. Really nice week and push up off it right there. I can show you right here. So it's really nice on Tuesday, just how you would want to see it. So not too bad for day trading, not great for swing trading, unless you, you know, took some puts on the break of the trend line. But this week right now, the QQQ hasn't really broken the major structure low yet, like SPX has. I showed you an SPX. The low has already been breached and closed under QQQ actually still has this low holding. There's a little rally based rally demand zone right here. So as long as 354.70s is holding, I would feel good about a potential hold up of this area. But it looks like it could just go a tab bit lower. As you can see, it closed at 357.91 and this little support low was that 358.50s, which is this right here. So it closed under that two days in a row closed under it right here on Thursday closed under it right here on Friday, which then takes you to the next low. Unless for some reason we want to gap up on Monday and just get back over the 358, which is this low. If it can get back over that, there's a good chance it'll try to fill the gap back up. Maybe we can get up to 363. It's a little area right here. Honestly, this would probably be the most important thing. This little gap right here. So that goes up to 364. If we can get back over 358.50 and this holds a support, look for the gap fill to the upside probably find resistance about there. Maybe try to fill up the whole cell imbalance. Not exactly sure. All they can do is go one level at a time and right now it probably see resistance if it filled the gap completely. Try to see short term resistance, but these two consecutive closes right now. This is telling me it does have a little bit of a chance to go to that 354.71, which is this low right here. Like I said, I can try to hold up about there and that meets with a pretty good demand zone as well. This little base candle right here. So that's your two scenarios where either Monday, the features look good. Best case scenario, you know, we open over 358.50s tries to make a base there and maybe we can bounce into that. Otherwise, if it's, you know, opening under this or features are not looking good, it's probably just going to go to the 354.70s. So just pay attention to the open. If it's opening over 358.58 or just 358.50, maybe look for a bounce or try to look for, you know, some upside momentum, depending on the VIX and dollar and other things. If it's opening below, really good chance is going to be, you know, continuation down to the 354s, which is the low right here. So that's your two scenarios. Just pay attention to the open and you'll have a better idea. Alright, in our last equity index, looking at IWM last week, I was actually focused on this demand zone. I was expecting, you know, pretty much a bounce or, you know, bounce attempts until it started breaking under, you know, 181.60, which we determined the 181.60 was the neckline for the head and shoulders can't see the head and shoulders, you know, it's your first shoulder, second, third, so first shoulder, head, second shoulder, as your three parts of the sequence or the pattern. So we ended up failing the demand. We didn't really get too many bounce attempts. I can maybe look on the short term and find a couple like we had one right here from Wednesday. And then that's pretty much it. Just that one day for Wednesday and then one here on Tuesday. But once we started closing under the 181.61, which is the neckline as well, we did break through those demands. So we'll go ahead and remove these since they're void now. The 181.61 was the neckline. That's how we determine that you probably call this 180 area as well. Another piece of the neckline. So anywhere from 181.60 to 180 flat was a pretty good neckline. Now it's broken, it's closed under. It also filled this little gap basically, I wouldn't say it's completely filled, but it's basically there basically all the way filled. But I'm not really seeing any support or anything. No really very clean demand zone. You can maybe call this a demand zone right here. It's just kind of choppy, but it did lead to a really nice buy imbalance to the upside. So maybe we can watch that area. This is probably the lowest I can see it goes. It may be a little bit lower down to 174 or specifically 174.69. There's also a little Wicklow right here at 168.78 and a Wicklow at 167.40s. So that's pretty much your levels in terms of more downside. I would personally probably look for it to start holding up. This is a really choppy area. So I wouldn't expect you know the IWM without some major catalyst to just start knifing through this little chop area. It's probably going to try to hold up a general area, but it looks like it can go just a little bit lower. And this is more clear cut than SPX or QQQ. SPX you know closed just under the structure low as I showed you QQQ has not closed any under any structure load just yet. IWM closed under your neck line and it's starting to get you know, more mid range and not at a structure load just yet either. But this is a recent structure low and it broke. So now we're starting to go into the early you know 2023 structure lows just not quite there yet. But watch this demand zone. I feel like I go a little bit lower and try to hold up there. Maybe you could try to buy the dip at this demand. Like I said, it's a pretty ugly demand zone. Maybe it's a drop base rally type of sequence, or you could draw like rally base rally. But either way, this is focusing on this area that led to a big buy imbalance in this sequence right here. Similar to what we focused on up here to find this bounce area of you know, weeks ago and to find that short term bounce there as well. Definitely watch this area. You're focusing on this that led to this big buy imbalance. Even this gap up candle right here, those you know, up 3.6%. So this is a big gap up candle. So maybe something happened in this area to lead to this buy imbalance and it could be buyers waiting in this area. That's going to be like I said about 174 60s. So keep an eye on that. I would expect it to maybe go a little bit lower. Now that this gap is filled though, there's a good chance, you know, after a gap is filled, it will try to counter reverse to the upside. If you feel a gap down, it'll try to use that to support and bounce there. But you know, I would feel better about looking for this area to bounce, looking for that area to hold up. If that butters though, this area, I would just start looking for that, you know 168 70s low that I highlighted that comes from right here and that low that comes from right there. So that's your lowest for IWM. I expected to maybe go just a little bit lower into demand, but not too much lower, but another two points to the downside. And if it wanted to go back up, obviously, I can get bullish again. If it were to get back over the neckline support, it's going to be, you know, over 181 60s, it would absolutely need to get back over that for me to, you know, start buying it again. So either reclaim that or pull down into demand right here. That would be my two areas to buy calls at. If it were to start closing back over 181 60 or if it were to bounce off this 174 60s at demand. All right, next, we're going into the VIX. So I think last week we're focused on this big candle. It ended up holding that 1273 level of focus, which we've been, you know, talking about for pretty much every video for the last couple months. This 1273 is just a huge support now turned into a triple bottom support, basically mentioned this big candle, this big bid into the VIX could be giving a sign, but we need to see a little bit more from it. So we needed to see first to close over the 2021 low at 1410 and also 1460, which is this low where you see the arrows. We did get it in this one candle on Wednesday after the FMC meeting. That signaled us for a move over the 1553s needed a close over that. We got a close over that plus a 17. So this actually increased very quickly. And I would argue that it was actually because we're able to get over that 1460 right here. That kind of started to bring fear into the market. Once we got over these little structure lows, and this just put, you know, the icing on the cake. Once we get over this little structure low 1553, I've mentioned once it gets over 1553 over here, right here, right here, velocity ramps up very hard. Volatility ramps up with a lot of velocity. So that's what happened once I got over 1553 right here, all happened in one candle. It actually gapped up that Thursday at three in the morning and just kept going.  But like I said, all that needed to do was get over that 1553 to kind of see that ramp up as well as that 1460 close. Once you got over that, that played into the move over 1553. So you just kind of take one level at a time and try to put the pieces together. What it's going to do, we have big velocity and a close over 1460 on this bar, which then leads to big velocity over 1553. It actually gapped up. So this happened at three in the morning. So the VIX was already getting over 1553 before the cash session or the New York trading hours even open. That's a pretty good sign of, you know, volatility was just totally screwed and it's going to go higher. But now we're at 1708 right near this wick high right here. So I'm not sure if it's going to go higher from here. Honestly, I need to see a little bit more. This close, could it convince me that it would go higher? This is also a 15% move in one candle. And the VIX doesn't always just go straight up like that. You know what I mean? It'll have a little bit of turbulence before trying to go higher because it's just a volatility index.  Sometimes it needs to cool off. You can see right here at a big day, 18% at another day, up 10%. So this back in, you know, 2023 of March, you'd had two consecutive three consecutive days of big VIX. But, you know, a 15% bar after a 7% bar is a good chance. You know, the volatility was going to try to come back down before trying to go higher, which it did actually on Friday. You can see once it got back under 17 right here on Friday, the market actually did catch a bid. So trading wasn't too bad on Friday. Market did try to bounce, but you know, eventually had some turbulence. As you can see, it started ramp back up down here.  And it ramped right back up. So just crazy.  And these VIX moves on Friday is just proof of that as well as on equities. It all just plays together. So right now we're focused on 17 because that's the level we're at. We're at, you know, 17, 19. I'm not sure what the VIX will open at. It's going to depend on the futures at the futures gap up a little bit. Obviously, it's probably going to open under 17. And then maybe we can get back down and the market will try to bounce. But if we start closing over 17 on Monday, I would not feel that great about us, you know, being able to bounce. And then probably try to go up to the 1880s WIC high, which is right here. I'm looking not too too worried yet for the markets because the VIX is not over 20s. Once it starts, it starts getting over 20s and closing over 20. That's when fear really starts to pick up. Option premiums get a little bit pricier and the markets, you know, can have a lot more fear priced in. And you might have to start shorting the rips at that point. Once it starts getting over the 20s, but right now, not quite there yet. So maximum I can see to the upside 1880s, which is this WIC high. If it starts getting over that, I mean, the move to 20 is obvious 20 plus. So this will depend on, you know, Monday's open. I feel like Monday's open could play a huge role on whether the VIX is going to continue down. We can start closing back under 17 or the 1708. I'd feel good about it going lower. Obviously, like I said, if it starts closing over this on Monday and holding above the 17, probably just going to go up to 1880s. So I need to see some signals on that. You can see, I mean, you could actually use, you know, these VIX levels for day trading. You can see once it got back under 17, right at the open, I mean, the market pretty much caught a bid for, you know, an hour or two, VIX fell pretty hard below 17. And then once it came back up, you can see it kind of acted as resistance again right here. That could have made a good dip by 12 for, you know, calls and so on and so forth. So you just have to look at, you know, the one day levels on the 15 minute timeframe to make, you know, day trade decisions. But as for the VIX, just watch the 1708. You need to see a close under it to go lower. You need to see, you know, keep holding this above it in order to go to 1880s. Next, we're going into the DXY, the US dollar. Last week, I was looking for a move up to 10580s. We pretty much got that. You can see it topped out right at 10580s. This is this peak high and it's still making higher lows, higher highs for this structure. Obviously, it would need to get over this to make a like a really big higher high. You can see overall higher, high, higher, low, higher, high, higher, low, higher, high. So it's just it keeps going. And the thing is we need to get back under the 10470s to 10440s in order to start seeing, you know, the dollar actually starts selling off. Otherwise, this can just keep acting as a base. And you can see actually why I drew out this zone. So we actually drew out this little red zone last week. All they did was, you know, take this high and go to this back test level over here. So you got, you know, 10470 to 10440s. And look, we did actually did on Wednesday. So I dipped all the way down into 10470s and then just totally, totally ripped off of it. And that's just more proof that this is just a back test level acting in support. So here's Wednesday pulled into our level that we've been focused on. That's why we need to see it close under this on the one day. Otherwise, it's going to keep doing this or attempting to. And that's arguably why it went higher as well as the FOMC meeting. I mean, FOMC is a total wild card and it's totally random. But you could argue that, you know, the dollar was setting up for a higher move anyways, despite the news. If you paid attention to no news and it pulled into this level or this back test level overall, you probably expected to bounce. That's why I need to see it close under 10440s. If it starts closing under the 10440s, it's pretty much a free fall and the dog could go lower, you know, back down to the 10350s, 103s, etc. Right now, though, it looks like we do have big resistance 10580s. I really don't expect the dog to go too much higher from here. It's kind of just hanging around out here. I feel like I can pull back from this general area at 10480s. It might be dependent on the data. So PCE on Friday. And that's the Fed's preferred inflation gauge. So definitely pay attention to that. You could definitely give a pretty big insight into whether we're going to get another rate hike or, you know, how the fight against inflation is going. So definitely pay attention to PCE on Friday. Otherwise, I mean, technically here on DXY, I really can't see past 10580s. And that's just because this is big resistance right here. How to struggle with two wicks right here. So still making that, you know, like I said, higher low, higher high sequence, though. So it's still an uptrend. I'm guessing it's still riding the moving averages too. Yep. This is your nine and 21 cloud. Mac do still positive. So a lot of things are still positive on this. And the overall structure, like I said, that it needs to get under to break this momentum or break this overall structure is to get under that 10440s needs to get under that damn level. And it could definitely go lower. And maybe the market be a little bit more positive. But right now, not too much looking great. I mean, equities right near structure lows or, you know, slightly under them. IWM, especially a broke the structure low at DXY also at major resistance. So maybe we need to see a dollar sell off a little bit harder. And the VIX, you know, to go back under 17, we see the market bounce. See the DXY reject here. But I really can't see past 10580s. Obviously, if it gets over 10580s, I've showed you. It's just all free space right here. And these are 2022 zones and areas that we traded up from when we were having peak inflation and huge, huge inflation readings. Definitely we higher than they are right now. So, you know, if the dollar starts getting over 10580s, it's, you know, technically it's not looking that great. But I feel pretty good about it not getting over that currently. But we'll have to see. Just watch this 10580s. Maybe look for rejection there in the market could bounce, but still holding that higher low, higher high sequence. So play safe. If you want to, you know, wait for a real signal. Wait for, you know, a big one day bar reacting to 10580s or wait for a one day close under one of four 40s before expecting it to go too much lower. Otherwise, might keep marching up on the shorter term timeframes or at least keep going with this higher, higher low, higher high sequence. That's for the DXY. Hope you guys enjoy this video. Make sure you guys go tap into our Xtrays Discord or, you know, go check out our app.Xtrays.net web platform. I will put my link in the bio, my referral link or invitation link for the app and then also we do have the Discord app link in there as well. You can get a free 70 trial. Come check us out. We're really big on education, teaching people how to trade, teaching technical analysis, levels, strategies. And then we also have like alerts and other stuff as well. But the most important thing is education. Obviously we want to teach people how to be independent in the markets. We have so many other benefits, especially with the app. I mean, the app itself is totally worth the membership. Go check it out. It's almost like a social platform. You can follow other traders. You could track your own trades. We have real time data from actual exchanges connected to our app.  All have hit the time in sales.  That's connected to our app. And you can keep track of your own stats, your own win rate, your own gain, your own stop loss rate, whatever you want. And you can follow people as well. So go check that out app.xtrades.net. So go check out our discord, like I said, links in the bio or description. I love you guys. Make sure you like, comment and subscribe to our XJ's YouTube channel. It's getting kind of late, so I need to go get this chopped up and edited. I know I get these out kind of late, but that's because I'm charting for hours, trying to find good setups on individual names. And then I have to edit this as well. So it takes me a little bit, guys. And I put a lot of love and energy into these. So I hope you guys enjoyed. I love you guys and I'm out.


Sacomas are characterized by high levels of genomic instability and effective homologous recombination repair, HR. These characteristics lead to a unique transcriptomic profile which can be used to identify patients who may respond to targeted therapies such as poly, ADP, ribose, polymerase, PARP, inhibitors. Additionally, these patients may also be sensitive to DNA damaging agents when combined with inhibitors of DNA repair pathways. This article was authored by Lara Planes-Paz, Alicia Pliego-Mendietta, Catherine Hoggadorn, and others.


The girl child, our time is now, our rights are future. Women's rights and equal contribution to development has been a heated debate in recent times. As the global ecosystem keeps evolving, human development is greatly dependent on multiple factors with inclusivity as a major. Between two teams of the International Day of the Girl Child doubt, our time is now, our rights are future. It extrapolates the need and urgency to treat gender equality and adherence to human rights as a priority. In the wake of this, global revolts and advocacy for women's rights are heating up. For instance, the death of 22-year-old Marsha Amini following her arrest by Iran's morality police, the guidance patrol overwearing an improper hijab in violation of the Iran's mandatory hijab law on women has sparked an ongoing series of protests and civil unrest against the government of Iran, majorly by women and persons fighting for equality and are weakened to the realities of the police of inclusiveness in development. The traditional blueprint has ingrained the consciousness that thorns a blunt eye to the needs of recognizing women in society. Women can continue to shatter glass ceilings and plant a new consciousness that women can be better. Women in academia like Chimamanda Mngozi Adishi in sports like Tubia Monsa in leadership like Mngozi Okunjiwela and other equally important fields of human indivisibility, including arts and STEM, are making the system to have a rethink. At this point, we must know that to deal with the issue of inequality, we must understand the dynamics of human uniqueness and the need to respect and nurture this uniqueness for greater outcomes.  Some ways to address the concern of protection and securing the future of the girl child includes engaging government officials, policy makers and stakeholders, loss that prohibits girl child marriage and gender-based violence should be publicized and enforced, provision of safe and prejudice-free educational institutions and workplaces should be encouraged, religious and traditional institutions should continually sensitize their followers on the importance of educating and protecting the girl child. Engage key female influencers across industries to be the face of change we want girls to see as possible. Role models speak a thousand ways. Let's change the global conversation and publicization of girls as leaders in any of their chosen and developed. Showing commitment to raising awareness about and addressing issues may be a consign or root cause of prejudice against the girl child in our respective local communities or regions or countries. I will conclude by reflecting on the course of Antonio Guterres, United Nations Secretary General in commemoration of the 2022 International Day of the Girl Child. Now, more than ever, we must renew our commitment to work together so that girls enjoy and exercise their rights and can play full and equal parts in their communities and societies. Investing in girls is investing our common future. I agree with everything that you have said. I am a girl child. Now a woman but a girl child. I must agree with everything that you have said. Representation is key. There are not a lot of women in key positions in the society and this reflects negatively on the girl child. It gives them an impression that they can't get there. They can't become what they want to be. If we see more people doing things like Chimamanda, Ongozi Adichie, Ongozi Okondrui Weala in those key positions, it will motivate more people to role models, to come up and do the same. It even motivates men to encourage their own girl children to do better. And as a girl dad, I was agree with everything you have said. But I think there is a very critical education and orientation that is required on both sides. In the sense that like you said, men have to understand that women can do everything. That a girl child can do everything. That's certainly what I tell my girls. Then the girls must also be educated to know they can do everything. Because of culture and society, there is a general understanding that there are things that a man should do and things a woman should do. But there has been a bit of education over the years that has made us realize that that's not particularly correct. So if we do, it's stereotypes. So if we do a orientation from the start for girls to know that you are absolutely capable of doing everything that a man can do, then the girls starts to understand that. Then you must tell the men that just because you have this agenda doesn't mean you are better than them or there are things that you can do that they can't do. So the education is both sides. I believe that if we spend time doing this education and orientation, I believe very strongly that we will be on our way to proper representation and more equal society. Nature is going to take its full course, which is give or take in the next 20 years.  And that's the idea. So you can't escape death. And what I said that is we must be ready as young people to shape a new culture. Now there is a certain culture that have literally have not supported the girl child. And it's a patriarchy culture. It's a misogyny culture. And those that have instilled those cultures, like I said earlier, it looks for a word, but it's just the truth. There are some certain things that we may not be able to change. But of course, we keep re-educating and re-educating. But as young people, we must be ready when nature takes its full course on the old people who put us in this dilapidated condition. We must be ready to re-engineer a new culture, which is amongst ourselves. So that we don't repeat what we are fighting. Are we really conscious of the fact that we must make a room for the girl child? Or are we reinventing what the forefathers have installed? So we must even check ourselves within our conversations when we are setting up a team.  Titi, be the assistant head. Are we not also repeating those patterns? And so we must consciously say, oh, Titi is a better leader. Titi, be the president. You be the assistant president for this committee. So we always believe that the man must head the committee. Why? Sometimes the problem is not Titi. The problem is the man. You feel as if, oh, a woman can be here. So it's a problem of self-esteem that a lot of men have anyways. Anyone that feels complete in himself and has no self-esteem issues has no issues reporting to a woman.  So these are the things that you are saying that we have to start to do a re-orientation and a mind reset for you to know that there's nothing less than the man that you are if you report to a woman. And statistics have proven that women are actually better managers. In the companies that have more women on their board actually do better. And the countries that have women as presidents are doing... Let's not go there Titi. Let's not go there Titi. Let's not go there Titi. Let's not go there Titi. Let's not go there Titi. Let's not go there Titi. Let's not go to between pare wrong. NODGG On the issues of child marriage I think it should be abolished. It's like saying If a young man of 16 is not ready to be married, then why is a young girl of 16 ready to be married? If a young man of 9 is not ready to be the head of a home, why is a young girl of 9 ready to be married? Exactly. I mean, it's really that straight forward. Love is going to marry off a 10-year-old girl, then start marrying off 10-year-old boys. To 10-year-old girls as well. Because there's just no room for it. It's no sense. Thank you very much. Well, let's do our best to protect and educate the girls in our local communities for a more secure future. Of course, and the men because it's important. You do that for the boys and the girls to have a more secure future. Viktor is next after the break. Stay with us.


Chair, ladies and gentlemen, I'm excited to participate in this conference, Industrial Development and Policy in Africa. And mine is basically to share some experiences in Kenyan context. And what we are reviewing is basically what has been happening in Kenya given that as we know it, the level of industrialization in Kenya is not a desirable state. Yet, from what we are learning from the conference, basically industrialization matters when it comes to the country's growth. Basically, myself and Peter and Diana, thank you. Can we have now? Peter and Diana constitute part of the learning to compete Kenyan team and basically what I'm presenting on behalf of myself and my other two colleagues. Like I've said, why we should be concerned with industrialization is the experiences over the world is basically that for a country to grow, it has basically to give premium to the industrialization process. Now, one may ask, since independence hasn't there been any interventions basically to promote industrialization in the country and basically for us to know what has been happening, we need to look at the policies basically that were made over time. We need basically to unpack the industry in terms of structure and obviously the productivity issues. So in terms of outline, basically we want to look at the evolution of the industry itself and the policies thereof so much so that we can be able to examine the successiveness of these interventions. Again, when we are looking at the structure, the key indicators basically is in terms of the sector composition, manufacturing, employment and the size factor. Again, we want to reflect on the productivity because just like what Ben said in the morning, basically we need to reflect on the industrial productivity and out of that we can be able to again appreciate the emerging issues from what we are going to learn. Now, in Kenyan context, when we are talking of the industry, well, in general, industry will not just concentrate about manufacturing. There's the element of mining and quarrying. There's building and construction and access and water. But when we talk about industry in Kenya, the emphasis basically is on manufacturing because of the relative contribution to GDP. You find that except for manufacturing, the contribution of other constituents of industry is small. But basically this is changing because for those who have been following Kenyan development, we have a lot of discovery in the recent years. Last year we discovered oil in northern province. We also have a lot of natural gas in off-soul region. From about 2005, again, we did discover quite a substantial amount of titanium in the coast province and also coal in the eastern region. But the extent to which we have basically exploited titanium and coal has been compromised by the appropriation issues between the local communities and basically the investors that have had some interest in those areas. So basically we are still in the defense stage in terms of basically usage of these natural resources. So we are saying that at this point in time, even if manufacturing is basically the major player, things may change in the short run depending how fast we are able to use the new discoveries. But now talking about manufacturing, before independence there was also much of manufacturing one could talk of because we all know that during the colonial time basically most of the third world countries including Kenya were just being used as sources of raw materials, but immediately after independence the new government was at a pressure basically to be able to establish a strong industry and there were immediate measures. One was obviously to attract the basically the foreign direct investment and also to create capacity within. So basically appropriate regulations were put in place and we can be able to appreciate immediately what followed because of the country being a good source of cotton. Obviously the natural way of industrialization was to come up with textile industries basically by through foreign direct investment and histories of 60s and 70s we had quite a number of strong firms basically maybe would have been a household names in quite a number of countries. Later on again through foreign direct investment and joint ventures again through agro processing there are a number of companies that came up. Now beyond those two that basically were that agro based we had quite a number of metro industry coming up basically out of the Asian Kenyans of Asian origin who are working on the railway and basically those who migrated to Kenya in the early years of independence basically they invested in steel industry and again also there was a lot of joint sponsorship and also foreign direct investment in cement industry. Now we may ask ourselves what are the status of these industries and how do they relate also with the policy regimes that identify the evolution of industrial policies. Now looking at the industrial processes for the last 50 years we can group them into two. In the early years we had the import substitution from 60s to 70s and basically after that we had market liberalization and data learn export living policies. Just a short appreciation of import substitution basically if one was to reflect on its successiveness we can identify that this period the first two decades the country experienced high industrial growth and quite a number of industries we see today they have their foundation that were basically as a sort of import substitution strategy but the negative side of import substitution strategy basically was the fact that it created an export bias and obviously because of the limited local demand it developed low momentum over time. So one of the issues that one can ask is that is this basically what the Asian countries or the newly developed countries started with and just a simple analysis will say yes but the issue was at what point basically they make the right five minutes. There is intervention in terms of going to export living growth. Market liberalization of 1980s basically was both internal and external living in terms of structural management programs. Under that of it there wasn't much to drive home because what happened is that our local industries were not strong enough to be able to survive in a liberalized market and also locally the government was not, I mean it didn't move with the kind of momentum that was supposed to do in terms of encouraging industrialization. Now again just because of the time export different policies from 1990s and basically up to the year 2000 again in terms of what the government did it was able to promote export through a lot of platforms. You must have heard of export promotion camps so compensation scheme and manufacturing of a board basically trying to compensate exporters in terms of the taxes that they pay once they export and trying to compensate for those taxes so as to basically promote export. Now from 2000 up to today this is what I would also compare with what we are talking of that in the recent times basically Kenya and other countries more or less have a libertization of the industry because we see a lot of changes. From 2000 with the new government we had economic government strategy paper and whose emphasis was on a macro and business environment again after that period because it was meant for 2003 to 2007 basically we had the catch and fiction 2030. Now in terms of what matters for a country to develop it is basically in terms of how serious the government is in terms of working or implementing the policies that it has come up with. So the period 2000 and 2003 to 2007 was basically characterised by a lot of growth basically in terms of infrastructure in terms of power and so forth. Now beyond that we have the fiction 2030 which we are trying to implement but we have come up with two other papers to be able to implement that. The session of paper number nine of 2012 of a national industrial policy paper. Now what I've just been discussing basically and obviously some of us may have I mean we may have led the paper we can summarise it in that in terms of the successiveness of those interventions again because of time I will not go into that. But if we look at all over the period particularly 2007 because of lack of structure transformation you find that the contribution of GDP basically has remained the same in terms of manufacture or growth basically we see some lot sort of correlation because of the agro-based nature of industry with the industrial growth that's basically what we are running from that diagram. In terms of structure again I'm conscious of the time we can reflect on what are the important sectors obviously food processing dominates the others are beef ledges and tobacco and obviously because of this construction industry and metallic product basically contributes a lot. Now when we affect on the employment the sectors to appreciate basically the obviously food manufacturing is important but we also have textile and metal products. You find some sort of divergence in terms of contribution to GDP and those employment creation basically in terms of growth the sectors to emphasise are not necessarily the same sectors you are to emphasise if you are to consider accumulating more employment. You find that where metals and metallic and beef ledges tobacco basically contribute a lot when it comes to employment basically they are not the industries to reflect on. Looking at our manufacturing for the sake of comparative study that you are to undertake with other partners in running to compete we have expressed that one in dollars and what we want to appreciate is in terms of exports. Thank you chair. And those are major exports for the size factor in the industrial establishment basically we want to appreciate that size matter in labour productivity because you find that it is higher basically for large industries and smaller and smaller industries and again when it comes to the number of establishments you realise that the number of industrial establishments that are formal basically about the same but if one was to analyse the number of establishments within the broader picture 70% of our farms are smaller farms so meaning that quite a number of smaller farms are not registered and that explains what has been happening. In terms of total productivity again for comparative analysis we have expressed this in USA dollars up to the 19,000 I mean 2008 obviously there is 2009 and 2010 but we have not been able at this point to reflect the figures because of a change in computing consumer price index but obviously this can be compared from other studies what is happening in terms of what are the industries that reflect high productivity food obviously comes fast and followed by textile and upper and leather industries but for those basically where a number where basically the contributors are small scale or smaller farms obviously the productivity is low. Again in terms of using any other I mean some other data particularly the World Bank 2007 again what we have put there is simply the methodology we use. Sorry Jacob I would have to stop you there. Okay. Thank you.