's going on guys happy sunday gonna make this video super short and sweet and and get straight to the point. And i hope that i earn your thumbs up first thing that you should be aware is that this wednesday. Which is july 13th. The cpi data report is going to be released again cpi data report last month.

Showed that inflation did not peak. The market aggressively dropped the last time this inflation report came out from getting really close to the ema line. Which we've been testing. This is a nasdaq etf for those that you know i can actually just go to qqq tqpqq is triple leverage.

Qqq is single leverage right we are at the ema line. This is what i call a critical point. There is no like it's not in my best interest to encourage anyone to be selective right i want the market to go up. But i also want you guys to be aware of a critical level.

I would hate for you to buy right now just like every other time right or it's at ema and then it just gets rejected. This is a really big week again cpi data report. One hour before the market opens on wednesday. We're at the ema line this resistance level has been present since the beginning of 2022.

I don't think your plan should change my plan has not changed on the long term positions that i'm taking. I i am making this video. So you at least can prepare in advance. I think that's everyone should be given that chance right i think right now that if you are invested you should just have a position size or a dollar amount invested in which you can tolerate even if the market does pull on back that's why i'm making this video.

I was going to do my sunday stock talk just like we normally do but instead of hoping you know that stocks continue to go up there's no reason to really prepare this upcoming week. If it's just it's a huge week. Now this could be really in my opinion. A pivotal moment for the overall market where hopefully we can begin to recover.

But the past seven months they've been bearish and we've been getting rejected every single time at the ema. Rejected rejected rejected we did break above it for a short period of time russia attacked ukraine. Rejected rejected last cpi data report rejection and new lows so again i don't think i think. It's a great thing to to plan and to be invested in long term positions.

I just think that your position size should reflect current market conditions. And that's why i'm making this video prepare in advance. Not that the market has to crash or that the market has to pull on back. But even at worst case scenario.

I just want you to put yourself in a position that you can simply tolerate right. And it's much easier to tolerate red days when you're not as aggressively invested even if the market does begin to indicate signs of an uptrend. I can always buy back in at a later time there's so much upset potential again the goal is never to be perfect. I will never be a perfect trader.

You will never be a perfect trader. The goal is not to be perfect. The goal is just to put yourself in a position that even at the worst case scenario you can still think and act rationally. And that's why i'm making this video.

So again. If you're part of my learn plan profit group. Make sure that you set your alarms for tomorrow at market open for our live trading session. And i'm excited to see how the market ends up performing right.

Now. Now stack futures are in the red. But we've seen them in the red. Many times and then you know they can open up in the green.

It wouldn't really surprise me that for the next two days leading up to wednesday that the market's probably going to trade sideways sideways. To maybe a little bearish especially with this resistance. You know wednesday's just going to be a huge stay and if it's anything like the last cpi data report. We treated sideways for about three days leading up to that cpi data report and then it was finally released and we went bloop right even if we do go bloop.

Again just put yourself in the position. You can tolerate so i'll see you guys tomorrow for our live trading session. If you guys want to join us. Then again uh feel free to click that second link down.

Below it's still 100 off the learn plan profit 20. You get lifetime access to our a2z. Video. Lesson.

Library daily. Live trading sessions private. Learn plan profit group chat and of course you get access to the tech. But hq.

It's all inclusive. It's a one time payment lifetime access and if you're ready to join our team then again. It's that second link down below for one of our biggest sales that we offer and that's 100 off. If you have any questions you would like to ask me before you sign up for free to message me via discord and that's that first link down below.

Appreciate your time like always. Let's make sure that we end the year on our green. Now take it easy team.