Three days in a row, what's going on team, it's ricky with techweb solutions and we've had three consecutive green days. I don't know about you guys, but with the experience for the past two and a half months of the market at least the nasdaq market selling off this, like almost, doesn't feel real. So i have some good news for you guys. I wanted to update you guys so again.

This is your live stock market update. I hope that you learned something new and if you do of course, please consider subscribing and of course, smashing that like button, so let's go ahead and actually jump right into my screen. Tq cube, which follows the overall nasdaq market. Not only do i want to show it to you on the one day one minute chart which it did absolutely amazing, making higher highs higher loads and even when it did pull back the thing and and the like quality that i find so interesting about the nasdaq Market right now that i haven't really noticed in the past two and a half months, you guys, let me know in the comment section is that, yes, it pulls back, but everything pulls back.

That's not the scary part, it's that when it pulls back, it recovers like twice as quick. That is something that we haven't seen in some time on the day chart it's a little bit different right again. I i want to talk about the good news. Why the overall market looks super super interesting, but i also have to point out that we are still trading below the ema line on the day chart, meaning that since the overall market began to sell off back in january, we have not been able to break above The ema line once twice three times four times and five times.

This is the sixth time that we are approaching this resistance level and again like a perfect example of tqqq. It takes forever for it to pull on back and then recovers. Just as quick, it's super intriguing right. The market, the nasdaq market is strong.

The bulls are back, at least that's what it looks like, but i can't just throw all the positive news and and make it super exciting that the nasdaq market is finally going to recover. I do have to say that ever since the market has pulled on back, i have not seen the nasdaq market this strong. What are the good news right? What what good news is now factored into the market? Well, based off of uh the feds right uh raising interest rates, the market reacted really well to it. That's a step in the right direction.

It's progress! That means that it was already factored in. The second thing that was negatively influencing the overall market was coveted cases. Finally, the united states is almost fully opening back up, except for china right, but within the united states, things are looking really good, not just good for the overall tech market, but good for airline and cruise lines. Uh major markets that have been negatively influenced by the overall pandemic and last are interest rates right.

Well again. That kind of goes hand in hand when it comes down to uh interest rates rising and then the last thing, actually that i quickly wanted to shed some light on is the tensions between ukraine and russia. Right, we saw oil prices skyrocket. The markets quickly dropped for about one to two weeks.

It just seemed like the first two months was bad news after bad news and like random things, random things that, like i personally, did not expect. So it is so nice to finally see the market beginning to indicate signs of a recovery, but i cannot stress this enough right at the end of the day, you do what you think is best for your future self. All i want you to be aware of. Is right now, in the next week we should either be trading above the ema line or heading right back down to 40 dollars a share.

We are that close. We are at a critical point as what i like to call it, where we are either going to get confirmation of the market beginning to indicate signs of a recovery which is huge right, especially for all of our swing traders or we're gon na get rejected, like We have for the past five times and then headed right back down to forty dollars a share so again we're this close. The reason i'm reminding you is that if you stayed patient like thus far for the past two and a half months, just want to remind you that we're this close already, there's no reason to break your rules. Stick to what you know.

There's no reason to over complicate your trading right now, control your emotions and it's going to play out right either bullish or bearish, but nonetheless there's money to be made. The only question to ask yourself is: will you be prepared to take action if we do trade above the email line and or if we end up getting rejected, so i'm very excited to follow up? I'm i'm ready i'm ready to buy my blue chip stocks. If we break above the ema line, but i'm also ready that, if we get rejected, then i'm gon na have to short some of them and or go into some of these inverse etfs to be able to make money and hedge. My positions as the market pulls on back so again, if you guys want to learn a little bit more about how it is that i choose to trade, then make sure you guys click the second link down below and i trade live every morning.

So not only do you get lifetime access to the learn plan, profit, 2.0, lesson, library, that's designed for complete beginners. We have over 70 videos, but as well as you get to watch me, trade live every day at market open with the learn plan. Profit team during our live trading session and again, if you want to learn more about that and to see if it's a good fit for you click the second link down below friendly reminder. We did did just restock at the shop tech but site our extra extra large day trade mousepad.

This is by far the most popular mousepad. It is absolutely huge, it's more like a desk pad and again, if you've been waiting for this thing to restock it's. Finally, back in stock last time, it's sold out in two days so head on over to shoptechbuds.com or click. The fourth link down below and again pick up your favorite items and tomorrow we're actually going to be giving away an iphone 13 pro.

And if you pick up a mouse pad, it actually automatically enters you towards our giveaway. I appreciate you guys time. I hope that energy thumbs up please consider subscribing and, like always, let's make sure that we end the year on a green now. Take it easy team.