Dow Jones Futures Fall As Market Rally Nears Big Test; Meta Leads 4 Stocks Near Buy Points.
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Again, I Want to make sure that you guys know that we're not here just to show you the green days. But of course, just like anything comes with red days, right? Our job is not to avoid risk. our job is to manage it. Yesterday I talked about a swing trade that I've been taking as the NASDAQ Market has been going.
um according to plan meaning that it's been selling off I like to go into this ETF named Sqq. it goes up when the NASDAQ Market goes down. The past three days have all been green and it's all been Thanks to Skq right? Uh, today is a red day. At least it is.
So far it's not a big red day right? Like I said, my job's not to avoid risk. My job is simply to manage it. I'm down about two thousand, sixteen hundred something like that. Uh, so far on the day you could, you could open it as you can see.
Um, today it is Remy and myself. so uh, sorry for the later upload on the day. it's just again. daddy duties.
Uh but I wanted to make sure that you guys were aware of kind of what it is that I see going on. As of right now on this five minute time frame, we could see that the overall NASDAQ Market was trading below this moving average, showing signs of lower highs lower lows. We recently broke above it. That's when it was beginning to show signs of it potentially being bullish once again, but now it has pulled on back lower highs lower lows.
Now it's testing the support on the moving average and if we break below this, we can really step on the gas on Sqpq as we should see a nice little gap down maybe to the 370, maybe the 369. I Just don't know if there's going to be enough time left on Friday with only one hour left and it being obviously Friday. So the Market's closed, Uh, tomorrow, right? Um. Nonetheless, again.
Uh, when looking at this on the 30 minute time frame, uh, we're still trading below the moving average, we're testing the EMA line as a support and on the one hour time frame, we are testing the moving average as a support. So even if the market were to close with where it is that we're at right now I think it's going to put us in a very, uh, interesting spot for next week. For those that are unaware, CPI Data report is next week, which is the inflation report. It's probably one of the single most important economic reports on a monthly basis that is released that will determine how aggressive or how dovish the Federal Reserve is.
With future rate hikes, right? So we're at a critical point, we can see potential signs of a support here, maybe begin to recover, but if this inflation report comes in worse than what was expected, then we can easily see the break below the moving average and all the way back down to the 359 355. maybe as as we saw maybe two weeks ago when the NASDAQ Market was selling off. Like we've said it before, there's always money to be made as long as you focus on one thing and that's Market direction. I've obviously have been trying to make money as the market has been pulling on back for the past week. Today was kind of just more of a choppier day. Uh, but I'm going to close out my position for the weekend I'm going to start the week fresh I Would love for you guys to tune on into our live session. uh, as soon as Monday right? and then for you guys to be able to get a taste of what it's like to watch me trade live and based off of if the market is bullish or bearish, we'll determine if I go into Tqs or in Sq's Yes, my style of trading is literally super super simple because all I focus on are Sqq and Tqq. But like so many other people say right, why change something that isn't broken or why fix something that isn't broken So you can see that? I'm going back into that break even for the day right now and we'll see.
we'll see if we have a strong close we're about to enter Power Hour which is the last hour of the market close and we'll see if we get a nice little rip up which will allow me to end the week on a green note. So I appreciate your time I Hope to see you for our live trading session on Monday that's going to be the second link in the description down below I Want to remind you it's a one-time payment lifetime access you'll get to watch Mature Live every single day. and I Hope to see you there I Appreciate your time like always. let's make sure that we're in the year on a green note.
Take it easy team.
Wait, he only traades two stocks?
Took a hit on my SPY position on that rip to the downside lol but cut it and swapped to SQQQ and broke even for the day
More and more companies are integrating cryptocurrency into their operations. Its actually interesting because it opens the door to investments. I would say its the new financial future. I recently started collaborating with Cannafarm Ltd, and it seems
You definitely have my sub. This content is next level. For me cannafarm ltd was the turning point. Please keep doing what you do and keep being you, love it.
Wait, do you think cryptocurrency will crash? I dont think so. More and more companies are integrating cryptocurrency into their operations: Amazon, Cannafarm Ltd, Burger King, even Starbucks, dude!
Cryptocurrency is volatile. Diversifying your portfolio is a sensible strategy. For example, I have deposits on Binance where I engage in trading, also staking on Kraken, investing in companies like Cannafarm Ltd, and I also participate in liquidity pools
This certainly sounds good too, but I think its still worth considering more reliable options like traditional businesses such as cannafarm ltd, for example.
You definitely have my sub. This content is next level. For me cannafarm ltd was the turning point. Please keep doing what you do and keep being you, love it.
I honestly dont understand why youre discussing these dubious schemes. There are plenty of options like Cannafarm Ltd and similar ones that are fast and profitable.
I honestly dont understand why youre discussing these dubious schemes. There are plenty of options like Cannafarm Ltd and similar ones that are fast and profitable.
Thank you for sharing your insights and recommendations. Its great to explore various investment options, especially well-known companies like Cannafarm Ltd that are gaining popularity. Adding different ventures to our portfolio can help reduce risks in
โฅ๏ธ red days
I don't think there is that much downside coming. Market is so bullish this year. I'd be shocked to see SPY make it to 420. 430 is a more likely bottom imo.
Dada Ricky !!
NQ maybe is. down trend.
Keep it simple, wish I started doing it a long time ago!!!thx๐๐๐๐
the plunge protection team is going to get the retail investor to "hold the bag" when market crashes.
I added some options its just a matter of time .
Just because the market sells off. Does not mean I need to sell. If anything it's just another buying opportunities. I love. Because I'm so diverse. And I buy the dips. Every dam time. Now I did sell some today. Sold some lots that were up 20%. Raised some cash for Monday. I closed only down $10.00๐๐๐๐. Was down $250. At the open. I do not sell at a loss. I'm patient and got time. Not trying to make a quick buck. Just big bucks in the long run. With a self funding portfolio. I can maneuver when needed.
bro, can you check the onschain?
Onschain will blow the market to the moon
I bought a three thousand dollar ons token. Lets see!
onschain! I already took my place, I bought fiftyย thousandย tokens
Onschain will be listed on binance
Binances news about onschain says it will be $2500
price goes up every two weeks
will onschain be listed?
what is this ONSCHAIN?
They made onschain with AI, this is the first project in the world, I have already bought for five thousand dollars.