I was wrong. Wrong! What's going on guys, It's Ricky here with talk about Solutions I Hope that you guys are all having an amazing Tuesday And in today's earlier video, I Talked about how I thought the market was overbought and that we could potentially see a pullback. Let me share with you my thoughts right on why I Thought that if we look at QQQ based off of literally just last week, so it wasn't like this was months ago or even weeks ago. this was last week.

we had the very same resistance range which is right around 375. Right now, we're testing 375 after market hours and then we gapped up to this range and then we aggressively sold off the day after Now of course pattern sent to repeat themselves. They don't always have to. uh, but when it comes down to what we're seeing as of right now, we're still testing that same general support range would be very interesting to see.

I mean today we didn't pull on back, But how we performed tomorrow, right? tomorrow. When it comes down to economic reports, we have a handful of economic reports that are all going to be released before the Market opens. You have the MBA Mortgage Application Index ADP Employment change the most important one right 8, 15 am. which is what does that? One hour and 15 minutes before the Market opens Advanced International Trade-in Goods Advanced Retail inventories Advanced wholesale inventories GDP second estimate and GDP deflator second estimate.

those are all being reported before the Market opens. So if you see that the market gaps up or gaps down, this is probably the data that is supporting that and creating that Catalyst that either is driving demand or driving some selling pressure. Then 30 minutes after the Market opens, we have pending home sales and then the Eia Crude Oil Inventory report. The thing that I want to talk about is why why did the market run up so much today? It took me a while to look a little bit into it as most of these different stocks didn't see such an aggressive run.

I mean we saw Apple move up 2.18 we saw Amazon move up 1.33 and meta right move up 2.6 But then there's an outlier here, right? There's one like Tesla Tesla gapped up 7.69 But why why did we see such a solid run up for Tesla And if you look a little bit more into it, it's actually uh, one of Tesla's if I'm not mistaken competitors in China And there was uncertainty that if demand was going to continue to stay strong after Tesla drops their prices, especially in China in the China Market itself. But based off of what this company reported, it supported the case that yes, there is even higher demand than what was expected for these EV Vehicles which is a positive just reaction for Tesla because if there's demand for other vehicles, then there's most likely demand for Tesla right? It's kind of like when Nvidia reports something positive, but AMD also runs up based off of that news. It's just because they partake in that very similar Market space, right? And that's essentially what caused Tesla to drive up, um, to new highs so aggressively. In the last two days, they've literally moved more than 10 percent.

So congratulations to Tesla and it created a lot of buying pressure. Some of the most buying pressure that I've seen in a while. right? even in comparison to last week. If we look at TQ and on this five minute time frame, I mean even the last time that we wrote up, there were some pullbacks along the way to the EMA line.

Today, there was not I mean we literally continued to form higher highs and higher lows. and then we peaked finally right around 4140 we Consolidated and then moved to highs of 41.60 on Tkq. Now again, I'm really looking for signs of progress on the one hour time frame, right? we're testing. It's very easy to see that we're testing that same resistance Zone It would really suck if we continue to retest the same Zone The economic reports that are released tomorrow don't end up acting as a positive Catalyst This is my concern and then the market begins to pull on back just like it did.

Um, I think Thursday of last week. So please let me know in the comment section if you think that it's far-fetched for me to think that based off of last week's reaction and this week's performance and today's performance, that these were somewhat similar setups, right? Obviously, every day is different, and obviously every day that follow is different, right? It just seemed very similar to what happened last week. and then when looking at this on even the larger time frame on the day chart, I mean today was a huge day, right? Based off of us breaking above the EMA line and actually indicating signs of an uptrend, It was a very significant day for Nasdaq market and maybe the first step in actually showing signs of higher highs and higher lows. So that's pretty much what I'm looking for tomorrow.

Are we actually going to continue to show signs of growth? If so, I have to accept it and go with the bulls with Tkq as that goes up when the NASDAQ Market goes up. But if the market begins to sell back off tomorrow and then we begin to retrace ourselves back to that EMA line I Have to accept that and then understand that I can short the market and that we're still consolidating and that direction is still unclear. So again, very significant day for the Bulls Congratulations out there! I Wanted to share with you my thoughts on why I Thought that the market could pull on back based off of last week's patterns I Think it makes sense to me? You guys let me know down in the comment section. but again, ultimately all that actually matters is the reports that are released tomorrow and then how the market digests that data and then actually ends up following up with that reaction.

So I am going to be trading live I Know a lot of you guys messaged me via Instagram and asked for today's live session. A lot of you guys give me some positive feedback so if you guys haven't checked it out I Actually posted the link on my Instagram story so if you want to check that out, that's going to be the third link in the description down below. It was an amazing live trading session and I would love to have you for tomorrow's live show in session and every other one moving forward again. I Shared live with one team and one team only and that is my Lpp team and that is the second link in the description down below running our biggest sell.

It's 175 off. It's a one-time payment, lifetime access and yes, it is the only group that get to work with me and watch me trade live on a closer basis again. Second link in the description down below I Appreciate your time like always. Let's make sure that we're in the year on our green now.

Take it easy team!.