Surprise Surprise! the Bears are back! What's been on Team It's Ricky here with tackled Solutions Hope that you guys are all having an amazing Friday and uh, we did go live today so it was one of our free live trading sessions if you didn't tune on in uh, it's literally the video that I uploaded right before this. uh and it's under live stream so it's called free Live Trading something like that uh with Ricky uterus. But overall, we shorted the NASDAQ Market by going into Sqq. Sqq is a bear ETF meaning that it goes up when the NASDAQ Market goes down.

This was not a position that I held overnight. You guys saw me close my position yesterday. I Sold super early on Sqq yesterday I sold at 38 a share I made 11 000 yesterday, but it continued to Gap up an additional dollar and fifty cents. Now, how did it play out today? Well, today there was the unemployment report and the non-farm payrolls report, right? And you can see that non-farm payrolls came in at a little bit higher than what was expected 311 000 with the expectation of 205k, right? So that is not good.

That would have caused the market to sell off, but the unemployment rate came in at 3.6 instead of 3.4 so that caused the market to go up. But obviously because they were mixed there was. you know, a kind of like a mix-up because of the two different reports. Overall, the NASDAQ Market began to rise and this is one thing that I want to talk to you guys about.

NASDAQ Market began to Rise Um, it began to form signs of an overall reversal I Called it out with my Lpp team I was getting into Sqq Market opened we went live now NASDAQ sold off, Skq went up and during the live session alone I think I made uh seven or ten thousand dollars I'm not too sure and then by the time that we closed the live to where it is that I am now I'm up 22 000, 75.77 on this fine Friday and again I I locked in profits right around 40 48 and you can see that it's still indicating signs of an upturn. So what is my expectation? Well you know, if you're done trading with it for today, then so be it right? Uh, what's next For next week we have the CPI data report on March 14th, March 14th one hour before the Market opens. I'm going to be live streaming it so make sure that you subscribe to the channel and you get this video to over 2 000 likes if you want to tune on in. because again, the next thing is pretty much deciding to see what the Federal Reserve is going to do.

And these are unemployment reports of the non-farm payroll reports. Yes, they are important, but ultimately what is most important is what is the inflation rate for the month of February and that gets released on March 14th one hour before the Market opens. So make sure that you are prepared. Now on the technical side, let's talk about what's going on.

We are testing a critical support level here at 280 for QQQ. If we break below this right, remember to QQ is NASDAQ If we break below the support on NASDAQ we can easily continue to sell off. So if you think that we are done selling off, just know that if we do break, if we do break the support, there is a lot more selling pressure to come right. We are at a support range so make sure that if you are shorting the market.

This is why I decided to lock in profits I wanted to play it safe just because I know how oversold NASDAQ Market is and we still don't have confirmation that we're making lower lows below this 288 support. But if we do break below this, then again a huge drop on the way down, which means even more potential for Sqq. But I didn't want to be greedy so I just decided to lock in profits myself on Skpq and once again again, I'm not a perfect Trader I locked in profits about 50 cents too early I missed out on what maybe an additional 7 500 I could have been up three thirty thousand dollars on the day. But remember I'm not perfect I never have been and I never will be I'm okay with not being a perfect Trader as long as I do one thing most people can't and that's not being afraid to lock in profits.

A lot of people like to over complicate their trading I don't I keep it very simple. so I Focus on trading live with my Learn Plan Profit Group every morning. I share both my green days and my red days. But most importantly I share my thought process behind every single trade and why I believe something is going to happen based off of significant or specific economic reports.

So if you guys like the way that I break things down I do want to remind you we are running our biggest sale, it's 150 off. It's a one-time payment, lifetime access and it's for Learn Plan Profit 2.0 You get a to Z, you get access to the A2Z video Lesson Library my daily live trading sessions, private group chat, and access to the techwoods HQ It's all inclusive and you get entered 5 000 times automatically when you sign up today for Learn Plan Profit 2.0 Not only is it the biggest discount, but you also get automatically entered for a chance to win the 2019 Nissan GTR or 50 000 cash. So if you were already thinking of joining and signing up for Learn Plan Profit, but you just wanted a discount, great, This is just the cherry on top. You get automatically entered.

You don't have to do anything for a chance to win this 2019 Nissan GTR or yes, 50 000 cash. And again, the there's one other way in which you can enter the giveaway and that's by heading on over to Shoptechbuds.com And for every one dollar that you spend on the site, it equals five entries. So again, uh, feel free to check that out. That's the fourth Link in the description down below.

But if you're ready to join our Lpp team, I work with one team and one team only and this is it. It's Learn Plan Profit, and it's the second link in the description down below. If you're going to ask me Ricky how can I work with you on a closer basis? how can I ask you questions? How can I watch you trade live I offer one thing and that is Lpp 2.0 Second link in the description: I'm not going to over complicate it I offer nothing else. And yes, I do charge for my time As if you want to condense the time that it's going to take for you to learn what to do and what not to do, then of course I'm here to be of value for you and that is what you get.

It's within Learn Plan Profit 2.0 So again, I hope that earned a thumbs up. Please consider subscribing. Please make sure that you pay attention to that support at that 288. And if we break below that again, another wall of selling pressure might follow for Nasdaq, which means even more potential for Sqq.

But again, for some of our Bears out there, please make sure you have an Exit Plan Never afraid to lock in profits I Just want to make sure that you keep some of those profits in your pocket, especially for the next week that we have with this up and coming. CPI Data report also known as the inflation report I Appreciate your time. Hope that learned A thumbs up! Please consider subscribing and like always, let's make sure that we're in the year on a green up. Take it easy team!.