So after a fifteen hundred dollar loss that I had yesterday, we are back. Check this out. Overall on the day, ask you 15 433 and don't forget about my 38 cents. Overall, NASDAQ Market is dropping and as the NASDAQ Market drops, a lot of you guys should know Sdq goes up.

It was very easy to see this when we began to show signs of progress of higher highs and higher lows above the EMA and the moving average. Literally, a textbook setup during this pre-market session. We, yes, we're beginning to consolidate. This is all caught during today's live trading session.

During this, uh, consolidation, there was a point where again the question got brought up of should we lock in profits should we close it out Um, what's going on here but again, it broke back above VMA It continued to rally and a lot of that contributed to the lack of progress on Big Tech and I saw a lot of downside potential on Big Tech. When looking at QQQ again, taking a step back on the 30 minute time frame, we are now showing signs of progress Beyond previous support levels I've reduced the majority of my position size on Sqq, but I'm still paying attention to it right? there goes. We just hit sixteen thousand dollars on the day. So and this is what I was talking about.

Yes or right? I've said it so so many times. Thirty one thousand dollars is what I made on Friday of last week I then on Monday yesterday lost fifteen hundred dollars I Showed it to you guys right? I Like sharing both my green days and my red days with you today. Following up now I'm up 15K on the day like our job is not 2 to avoid those red days And I hope that you can use myself as an example where our job is just when things are beginning to go south to quickly accept it because it could obviously get much worse than it can get better, right? You accept it. You cut losses and you manage and mitigate that risk.

and you wait for days for the stars to align. Similar to this right direction became very favorable. Direction It was very clear NASDAQ Market was selling off. There were a series of economic reports that were released during the pre-market session about the housing start and building permits.

Uh, housing starts came in a little bit lower than what was expected. Building permits can't be came in a little bit higher than what was expected and these were all one hour before the market opened, which is not essentially when the market actually began to sell off, but pretty close, right? So this is right around this General time because Market opens at 9 30 a.m Eastern time, but at right around 8 30 a.m Again, Market was already indicating signs of an uptrend showing signs of higher highs and higher lows. Today is either a very simple day or a very challenging day, right? You're either with the market or you're against it. and the reason that I've reduced my position size is so much already and I'll reduce it once again.

I'm going to reduce it 1500 shares as of right now. So give me one quick second: Sqeq selling 1500 shares and I just realized that I did not I was not sure on my screen but I just reduced it 1500 shares. But one of the things that I wanted to remind you is of how important tomorrow is: Right Fomc meeting. Why am I not stepping on the gas being super aggressive today? Well, because I know that regardless of how bearish today might be, it's not guaranteed for tomorrow, right? We've seen it time and time again.

Where during CPI data reports or Fomc meetings, the market can quickly shift on a dime, right? I'm not here to pretend like I can predict the future I can't right? I'm I'm choosing to work with the market just like all of you guys right when looking at this, yes, Market is selling off. Yes, Market does look bearish today. But that does not mean that when Jerome Powell begins to speak, then it's going to be the same thing if it does, I can always go back and re-enter but I think one of the best positions that I can choose to be in Once that FMC meeting begins is cash right? Stay in cash. I'm open to opportunity.

It doesn't matter if the Market's bearish or bullish, I'm open to whatever side the market chooses to go and that's my plan right When asking what is my game plan, My my plan is to take advantage of intraday opportunities today to not be super aggressive. So I don't get caught bag holding until tomorrow, right? Stay cash for tomorrow. Wait for direction to be clear, wait for that Fomc rate decision to be reported, and also wait for Jerome Powell to start speaking. We've seen it many times when Jerome Powell speaks.

even though the market might be bullish or bearish before and he begins to speak. There could be a change of Direction based off of what he says, so it's going to be very interesting to see how what he says tomorrow determines what's going to happen for the next two to three weeks. for the overall. Market because it's probably one of the most significant things until the next up and coming.

CPI Data report. So uh, really excited to follow up again. If you guys have any questions, feel free to reach out. Other than that, overall markets are selling off lower lows, lower highs.

Big drop on Amazon Amazon if I'm not mistaken, is one of the biggest losers today and again at a 1.4 trillion dollar market cap. It's not helping the rest of the market, right? But again, all great things must come to an end. So this is why I'm never hesitant to lock in profits, add overbought levels, and that is on Skq. I Really hope that you can use my day as motivation.

And if you have any questions, please do not hesitate to shoot me a direct message via Discord or via Instagram which is the first or third link in the description down below. I Want to remind you I trade with one team and one team only right when locking in my profits and reducing my position size on mass QQQ Today, my Lpp team got to see it all happen live. They get to see my good days. They get to see my bad days if you're tired of missing out.

If you're tired of not knowing where the market is going right and you like the way that I break things down I would encourage you to take two minutes, click the second link in the description down below. Learn a little bit more about our LPB team and again, it is literally the only service that I offer and it's the only group that gets to watch me trade live every single day. Yes, it's designed for complete beginners and only for complete beginners. so if you have any questions about that, please do not hesitate to ask.

So I Hope to see you for tomorrow's live session I Hope to see you for tomorrow's F1 Steam meeting. Don't forget to drop a thumbs up! Don't forget to subscribe. And like always, let's make sure that we're in the year on our green note. Take it easy team!.