So let's quickly talk about what's going on with the NASDAQ Market what's going on team. It's Ricky with tactical solution. So there's a series of economic reports that were released this morning. Durable orders came in a little bit lower than expected.

Expectation was with a negative 3.9 percent. What was reported was 4.5 and that was one hour before the market opened. So you can see that once this was actually released, the market actually reacted in a positive way. Not bad, right? The other one that was released was pending home sales.

This one came in a lot higher than expected. A lot of people are kind of scratching their head. Well, what exactly does this mean? The expectation was one percent. We saw an 8.1 percent increase.

This was 7.1 percent greater than what was expected. Meaning that the current number of properties that are under contract in the US are 7.1 percent higher than expected or 8.1 percent higher than the prior reportings. I mean more people right now are currently under contract to buy a house than what was originally expected. And this doesn't come to a surprise to me as a lot of you guys have been reaching out and I have been seeing a lot more buying activity and even selling activity.

even just in this Arizona Market A lot of you guys know that we flip houses here in the Arizona area, even ourselves, right? We took a break for about like three to four months where we were being very, very selective. We didn't buy anything, and in the past two months we bought a total three properties and all all three of them are already under contract. So a positive takeaway there. But now, where does the NASDAQ Market sit? This is one thing that I explained to our Learn Plan Profit Group is: we're at a critical range and I talked a little bit about this on Sunday and let me just explain very quickly.

So overall, NASDAQ Market is still above the moving average and is still above the EMA right? The big thing is that it's still above the moving average, so we're still doing something that we weren't doing all of 2022 and that's trading above the moving average. Even after this recent pullback, the thing that I do want to remind you is that on the four hour time frame just like we saw last time, we got rejected off of this EMA right? So last week I think it was Thursday we rallied, we got rejected by this EMA and then sold right back off. And this is the one thing that I brought up to our Learn Plan Profit Group. So this pullback that it's currently experiencing is not surprising me.

Right now, we do have a resistance at this: EMA NASDAQ Market is forming in lower highs and lower lows. Until It Breaks Above This 298 Price point. The reason that is so valuable to know when it was there is because we decided to lock in profits as we were approaching that EMA line because we knew that we were reaching overbought levels based off of this descending pattern. But if all you were doing was looking at the five minute or even the one minute, you would have never been able to see that.

Now, we allow the market to sell off enough that our learn time profit team I mean we're waiting for the three stages of a reversal reduction consolidation. And then now I'm waiting for confirmation confirmation that this thing begins to make higher highs. And then now because we locked in profits up here right around 296 on Tttq, right? We can now make money as this thing begins to recover, right? And if this thing offers a point five percent up Um, you know what's it called? Uh, 0.5 upside Then that means that on Tqq, it would offer 1.5 percent upside. Again, you don't have to trade all of these moves, but it's just something to be paying attention to, right? So now that we talked about the resistance on the four hour time frame, it's the descending EMA resistance.

so descending, meaning that it continues to form lower highs and lower lows. So you know? does the market need to sell off? No. But until we actually begin to trade Above This EMA line, it's still in that bearish side of things, right? Or it wouldn't be a surprise if it gets rejected and it goes right back down to 290 to retest that same support level. which is why we were so eager to lock in profits and to not be afraid to stay light at overbought levels because we understood and respected this descending EMA resistance.

So I'm very excited to follow up again. We're taking this day, but day by day, but overall on the day chart still holding above the moving average, but on the four hour still getting rejected by that EMA line. So again, all we're looking for is either a break above and or a break below and things will begin to be more clear, right? So I'll keep you guys up to date if you're part of our Learn Plan Profit Group. just make sure that you continue to pay attention in that trade Idea section.

I'm posting updates all morning long, especially if I begin to add more to my position on Tqs as this thing begins to indicate signs of an option. So if you have any questions whatsoever, feel free to reach out to me via Discord And that's that first link in the description down below or via Instagram And that's that third link in the description down below. Uh, you heard me talk about them in this video. It's my Learn Plan Profit Group and it's the only group that I work with on a closer basis.

They get access to our A2Z video Lesson Library our daily live trading sessions, our private group chat, and access to the tech with HQ it's a one-time payment, lifetime Access and if you want access to me to be able to watch me trade live every day, it's literally the only thing that I offer. and it's 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 and it's 150 off so you don't have to join. But if you want to watch me trade live, you can watch me trade live as soon as tomorrow.

and that's that second link in the description down below. I Am using the Weeble trading application. it's free for everyone in the US right now. They do have a limited time promotion that just for signing up and depositing one dollar you can earn, you can earn up to 12 free shares and that's that fifth Link in the description down below.

I Appreciate your time like always. Let's make sure that we end the year 100.