CPI data report came in as expected at 6% inflation rate. The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
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The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
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Intimate, tricky with techlet solution so a super quick market update. There are no significant economic reports as you guys can see, nothing is scheduled for Monday March 20th We have existing home sales tomorrow and of course the interest rate hike the Fomc rate decision that's going to be on Wednesday which we will be live streaming here on the YouTube channel. so make sure you drop a thumbs up and you stay subscribed. Now what's going on with the overall? NASDAQ Market What are we working towards today? So I Just wrapped up my live session with the Lpp team again.

If you ever want to be able to watch me trade live, it's that second link in the description down below, especially if you want to enter that GTR giveaway again Second link in the description down below, but very very quickly on the one minute time frame just so you guys could see what we have going on. Um, overall NASDAQ QQQ Right, It's shooting below the moving average. We are beginning to show signs of potential support. a potential reversal.

But if we don't right, if we actually still get rejected what is in store for QQQ So I expect the overall Market to be pretty choppy. leading up to the rate decision by the Fomc right or by the Federal Reserve We can see that we had a previous resistance range right around 310. If you take a little bit of a step back, it makes sense because that was a previous resistance range based off of previous patterns. If you go on that one hour time frame, if we break below this EMA and we break below this 302 support I see though to be the potential of retracing back to around 298 to around 297, back down to this moving average and back to a previous resistance range which would therefore become a potential new support range.

So that's just one thing that I wanted to bring up. If we hold above the CMA, then we're going to go back to retest that 310 resistance. If we break below this, we're going to go back to retrace back to this 298 the 297 support range for QQQ. So again, if you're asking, should I go long? Should I go short again, please be mindful of depending on you know, being able to take a step back and being able to see how the market is actually performing, especially with the market being able to run the risk of being a little bit choppy leading up to the Fomc rate decision.

Other than that, I don't have too much for you guys today as there is no economic reports and Market just open and direction is still a little bit unclear. we were below it. We did test support, but we found a support at the same that we did at you know, right when the market opened. If you guys see this, let me go on the five minute time frame.

You could see that during the pre-market session. Um, we we hit lows of 301 but pretty much 302 right? we bro. We pulled back, we recovered. We went back to retest that 302.

we found a support. We began to recover. So what I'm looking for is are we going to continue to see the selling pressure on the five minute time frame? You can see yes, clear as day that they're You know we're still trading below the moving average. we're still trading below the EMA And although it looks like we're seeing something different on the one minute, this is why it's so important that if you ever find yourself over trading by being able to slow things down, looking at the five minute and or larger time frames, it makes it a little bit easier to understand or to see larger moves, right? So the larger move from here to here or the larger move from here to here, right? I See there to be more selling pressure because of last week's Gap up.
But again, that's just me and what it is that I'm currently setting up for. I am ready to short the market as we sell off and that's exactly what I talked about in my live trading session with the Lpp team. So again, if you have any questions, you guys know exactly how to reach out to me and that's that first link in the description down below and Via Discord right? Other than that, I'll see you guys tomorrow for our live trading session and that's going to be with our Lpp team, which is that second. Link in the description down below.

If you want to be able to watch me trade live every single day and get automatically entered for the GTR giveaway 5 000 times, Don't forget to pick up your favorite items at Shoptechputs.com and that's that fourth. Link in the description down below I Appreciate your time like always. Let's make sure that we end the year on a green note. Take it easy team.


By Stock Chat

where the coffee is hot and so is the chat

22 thoughts on “warning fed news sell off coming soon…”
  1. Avataaar/Circle Created with python_avatars mrbing 70 says:

    This guys been WRONG quite consistently with his forecasts of the market. Keeps saying it's going to drop, meanwhile for the past several weeks, it's been flourishing. Snake Oil Salesman.

  2. Avataaar/Circle Created with python_avatars Braxton Horton says:

    The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

  3. Avataaar/Circle Created with python_avatars bigsidable says:

    Well it looks like everyone NOT AFRAID OF THE FEDS ANYMORE. IM NOT BUYING SHIT TILL I HEAR FROM THE FEDS. NOT THAT I CARE WHAT THE FEDS DO. ITS WHAT YOU GUYS WILL DO THAT MAKES ME WAIT. SEEN YOU GUYS SELL FOR THE SLIGHTEST REASON.

  4. Avataaar/Circle Created with python_avatars TomTomStock says:

    How many losers following this clown for a crash call and gor blown up? Hahaha….. Truly clickbait for views… He isn't a real trader, but just an entertainer.. And youtuber.

  5. Avataaar/Circle Created with python_avatars Wish You Were Here says:

    Hey what happened with the discord 😅 I have been away for a while and can’t find it

  6. Avataaar/Circle Created with python_avatars Scott Berry says:

    The pump incoming!

  7. Avataaar/Circle Created with python_avatars Na says:

    Ricky where’s the face cam at😢

  8. Avataaar/Circle Created with python_avatars Susan Paddock says:

    Good Insight…The most important thing that should be on everyones mind currently should be to invest in different sources of income that doesn't fully depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.

  9. Avataaar/Circle Created with python_avatars Happen Productions says:

    Hi Ricky, for some reason this video and the other one you posted recently won’t play on YouTube. Get error message saying ‘Something went wrong Tap to retry’ doesn’t work. Closed app opened it again same issue. Based in the UK so don’t know if set for global viewing. As the other one you posted recently plays with no issues!

  10. Avataaar/Circle Created with python_avatars Zeli Lee says:

    Been ready and waiting for a crash forever…nothing worse than flat futures.

  11. Avataaar/Circle Created with python_avatars Ilgaz Kurt says:

    Why keep your coins without earning anything? Invest with Papayahub.

  12. Avataaar/Circle Created with python_avatars Sıradan Genç says:

    Read up on what Papayahub is before you start talking about ICOs and trading.

  13. Avataaar/Circle Created with python_avatars LeonKral says:

    Papayahub is the top platform for the webcam industry!

  14. Avataaar/Circle Created with python_avatars Furkan Bektaş says:

    Why bother analyzing when you've got reliable investment platforms like papayahub?

  15. Avataaar/Circle Created with python_avatars Jerryb says:

    Why click bait?

  16. Avataaar/Circle Created with python_avatars Larry Morton says:

    the plunge protection team knows powell is going to raise rates on wed, and is loading up and sucking in the retail investor, only to dump on wed, making millions,

  17. Avataaar/Circle Created with python_avatars Jimy Ry says:

    I think you have been calling a crash for 2 weeks already. At some point, you are right

  18. Avataaar/Circle Created with python_avatars Oscar Voss says:

    This is the Golden era.. the markets will rise. go LOng all go Long ! $$$$ 🙂

  19. Avataaar/Circle Created with python_avatars DiscreetBtm xxx says:

    Who’s care about inflation at this point. Afterall, it’s controlling inflation that comes to this. Current bank failure is already disinflationary!!! Best is to be proactive and stop the fire 🔥 in the financial system asap at this point.

    Problem with tackling inflation was Fed was taking a reactive rather than a proactive role to control it; hence they’ve been loosing it!

    Time to be proactive rather than reactive!

  20. Avataaar/Circle Created with python_avatars Kevin Larry says:

    Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $22,000 every single week.♥️🤲

  21. Avataaar/Circle Created with python_avatars Ron Bennett Outdoor Productions says:

    If it crashes I'm ok. UVXY.

  22. Avataaar/Circle Created with python_avatars LPV says:

    Thank you for any early updates Ricky!!!

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