So I just wrapped up today's live session with my Lpp team and check this out. We made the most of it and I'm not gonna again over complicate it. Yesterday I had a red day I lost ten thousand dollars on ask Gtq. uh today I've closed most of my position as we test the resistance at 19.

Uh, but I'm up about twenty thousand dollars on the day which is pretty much just what I was up yesterday before I gave it all back. Uh, very grateful for today I'm not gonna make it more complicated than what it is and all I shared with my Lpp team and and the the words that I wanted to use it's it's I didn't want today to be glorified in the sense of the way that I traded. The only reason that today was so good is because how well conditioned were and this is a perfect example of why we always talk about trade last profit, more wait for opportunity to present itself because all day yesterday I mean I traded literally all day and I went from green to red and I lost ten thousand dollars and today within the first 45 minutes of the market I was able to make everything back and it wasn't because I'm an amazing Trader It is literally because conditions were favorable. so if you have the ability to stay disciplined, stay patient to actually focus on quality trades, than days like today should be something to work towards, right? The the thing to look out for direction was in our favorite markets.

sentiment was in our favor and we're going to talk exactly why. there was so much selling pressure and that big gap down from NASDAQ Market As you can see from our yesterday close to where we opened at and then we just formed lower highs, lower lows just like we expected. and we talked about yesterday. I was just a little early with my setup yesterday, but we are now finally trading below the four hour moving average for QQQ which is the NASDAQ ETF and we haven't done this in a really, really long time.

What is going on? Uh, it's very easy. So Moody's also warned that well, let's go to the very top and it talks about Bank slide after Moody's downgrade. uh for 10 mid-sized Banks This is following the also U.S credit downgrade that we got last week if I'm not mistaken. Uh, so Moody's also warned that the sectors credit strength would likely be tested by funding risk and weaker profitability.

Pretty much what this means is they're saying that banks are not as great as they were, and the concerns that we had of banks earlier on of banks failing that concern has not pretty much been solved yet. Like that, risk is still there. Big Banks like Goldman Sachs Bank of America uh, you know, fell 2.7 3.6 percent and then Banks like New York melon and U.S Corp Uh, fell 2.6 4.9 percent. So Moody's putting warning on some bangs and ads fidget which adds to Fitch's downgrade for the US Treasury measure market last last week and has given investors additional reasons to be cautious.

and that's all. I'm taking this as is, you know. it also means that the concern that we had back in March with these three Banks and the defaults, they're not over yet right? And I think that's just really encouraging that although we went through this like really strong rally for the overall Market that's great right? But now it's kind of going back to the basics and seeing that the concern is still there, we have our up and coming CPI data report this: Thursday which could just fuel this selling pressure or it could just ultimately end up changing at the end of the day. no one knows exactly what's going to be announced uh, during that CPI data report.

But if you are asking the question, why why is the market selling off, why is Market sentiment more bearish than bullish? Today it is because of Moody's downgrade on those Big 10 Banks which is causing more concern and more fear being injected into the market. There's no reason to over complicate it. Other than that, we have Big Tech selling off and it's nothing crazy, right? Just depends on what side you are on. Uh, but as of right now, Tech is pulling on back NASDAQ Market is testing a major support range and let me make this very clear: we are below the moving average on the four hour time frame, but this does not qualify to me as lower lows and lower highs below the moving average, right? We I still want to see lower lows and lower highs of different candles trading below the moving average.

This is the first break below. This is kind of like when any, uh, when the candle breaks above the EMA on the one minute time frame but then breaks right back down below, it means nothing. If it doesn't continue to trade below that specific range, then that's exactly what I'm going to try to pay attention to and asking those difficult questions. Are we actually seeing continuous selling pressure and negative Market sentiment? Which means that I probably just want to continue to then trade as Kiki Q as that goes up when the market goes down.

Remember the only people that freak out when the market pulls on back or when the market drops and crashes are those that simply did not prepare and you're going to be able to see that very clearly. True Traders can make money in both bull market and in Bear markets as long as you focus on one thing and that is Market Direction Today was just a very favorable day because Market Direction was in our favor and as of right now we're watching walking away with around 21. I'm not walking away because I haven't closed it out yet, but right now we're right around twenty one thousand dollars on the day if we break below this major support uh, that we're seeing right now for QQQ this would blow us through that 19 resistance uh, which again working towards that 25 000 goal today so we'll see what actually ends up presenting itself. I'll keep you up to date if you're part of our Lpp team and if you're not already again I Do trade live and I only work with one team you don't have to join, but if you want access to me, if you want a better understanding of what is causing the market to go up or down in real time I Go live with them every single morning.

And if you're feeling lost when it comes down to your trading and it would be more valuable for you to have someone watch live every single morning, you get to see my entries, you get to see my exits, but most importantly, you get to hear my thought process behind every single trade. If you want to learn more about that again, that is the second link in the description down below and I Hope to see you for tomorrow's live trade session. Hope that we're in a thumbs up. Please consider subscribing if you have any questions, shoot me a direct message via Discord or Instagram and that's the first or third link in the description down below.

If not, like always, let's make sure that we're in the year on a green. Nope. Take it to the team.