Just another bull trap for the Bulls Check this out, Let me go ahead and start sharing my screen and you guys can Google search this. I mean you can look up any stock market news. All of it is outdated because it was all based off of how the market was trading pre-market and this is where a lot of people get it. Very confused.

just because the market is going up pre-market doesn't mean much if there's no signs of progress on. Market actually opens and this happens quite often or vice versa Market could be very bearish pre-market and then all of a sudden begin to recover. Every news Outlet is talking about Market bouncing back because all they were looking at was at the pre-market and all you literally had to do is look at the five minute time frame. This is what we just talked about during our live trading session with the Lpp team.

Right when we went live right at Market open, it was very easy to see. It's literally just a different time frame to see that then. overall NASDAQ Market is still getting rejected by this moving average. this descending moving average that we haven't been able to break above for the past two days and today included right? We tried to indicate signs of an uptrend.

we got rejected and it sold right. Back off it did this all day yesterday and all today. Right now, we're extremely oversold. We're now testing the 361 360 support range and looking at the four hour time frame.

I mean we're literally trading back at where we were. you know back in June right? And we're testing that support. Can we continue to sell off? No question about it, everything is selling off. Tesla is selling off Amd's selling off.

We have have Microsoft selling off with a huge market cap. We have Apple actively selling off and it made new 52-week lows. You have to understand that market sentiment right now is extremely bearish. It doesn't mean that it's going to continue to be this way, but if you're trying to day trade and trying to make money today, then you have to respect what is going on today and as of right now, everything overall.

NASDAQ continues to trade below the EMA and continues to show signs of lower lows and lower highs. It's very easy to see the weakness in the market and all of this started just by being able to take a step back and understand that we are getting trapped as bulls and all you had to do was looking at that five minute time frame to realize that, right? We talked about this five minute time frame yesterday: I'm so happy that we talked about it during our live trading session. People thought that hey, you know we should jump into Tkq and I was getting ready if we showed signs of progress. But guess what, we never did and this is why again, it's not about predicting the future, it's about preparing and waiting for that confirmation.

Now we are oversold enough that We could possibly find a support and begin to recover. But as of right now, guess what? we're still getting rejected by EMA lower highs, lower lows, and we are seeing way more red candles that are significant than these weaker green candles. So hopefully Market can end up changing direction and then we can take advantage of both sides, both for the Bears and for the Bulls But. Ultimately, as of right now, as long as we continue to trade below this EMA and on the five minute time frame, as long as we continue to get rejected by this moving average, there's no reason to over complicate it.

Mark It, as of right now is going through this little bear rut. you either respected or you get burned by it, right? The only people that freak out when the Market's pulling back are those that did not not prepared. And again, you're going to be able to see in the comments section by those that talk about that, No, the market you know is going to recover next week. I Mean, if it was that easy to predict, then everyone would be jumping in, right? But as of right now, based off of what was announced yesterday with the FED Fomc minutes, it's very easy to understand that things are getting factored in right now that weren't already factored in.

More potential interest or acts from the Federal Reserve right? That is not something that was previously taken into consideration and of course is bringing more fear into the market because potentially higher interest rates are coming soon. So I Really do appreciate you guys. Time just wanted. You guys have a little bit of a better understanding of what different time frames you can look at, to get different perspectives on why the market is so actively selling off and to not get trapped as Bulls right? You guys shouldn't just be looking at the one minute time frame, especially if you're not a beginner, right? Looking at these different time frames really give you a different perspective of how to be more selective and effective with your potential trades, right? And if you're still trading off the one minute and never look looking at other time frames, then again, you deserve to be trapped, right? Because it's moments like this that again is so important to be well versed in the market.

If not, you end up paying the price by of course being caught on the wrong side. So happy that we talked about it during our live trading session this morning. I'm sure it saved a lot of people money and I do want to remind you I Do trade live every single morning I Go live with the Lpp team and they are the only team that I work with I offer nothing else. So if you want to be able to be a part of my team and watch me trade live every single morning, that's going to be the second link in the description down below.

It's a one-time payment lifetime access and right now we're running our biggest sell which is 175 off. So if so, I'll see you tomorrow at Market open. If not, hope that one thumbs up. Please consider subscribing and if you have any questions, shoot me a direct message via Discord or via Instagram And that's the first or third link in the description down below.

Like always, let's make sure that we're in the year On a green note. Take it easy, team!.