Happy memorial day, what's going on team, it's ricky with tech, but solutions. I hope that you guys are all having an amazing three day weekend friendly reminder: uh, if you guys missed our free live trading session on friday. I have to say it was so much fun for all the people that did join us. I'm actually going to link it down in the description.

It's just going to say: free live trading. So if you've ever wanted to see what it's like to watch me, trade live, make sure you check it out made over 20 000 uh with just within that live trading session, answered a bunch of great questions, and it gives you a taste of what the learn Plan profit group gets to experience every single day uh, so a quick little overall market update. I wanted to let you guys know that the nasdaq market, according to the futures market, is up one percent. So what that means, and how that correlates on over to tqq and overall tech stocks were in the green uh as of right now, literally like every news outlet is, is just pumping out a bunch of great articles of like market recovery.

Things look not worse and again, we've said this so many times before: it's not necessarily that the market is getting better right, there's still the concern of inflation, there's still the concern of interest rate. These are all things you still need to take into consideration. So it's not like it's going to be super easy and all uphill from here. You still need to be selective right, but finally, there's some form of bullish sentiment.

I want to make you guys aware of you know a resistance level right. My job here on youtube, especially my job with the learn plan. Profit traders is not just to talk about how glorious the market is, but also to be aware of the risk involved right like what is it that we're currently testing what resistance level are. We currently testing and that's what we're going to be talking about right now.

So again, i really hope that you guys learned something new. If you do make sure you drop a thumbs up, if you did and also make sure you subscribe to the channel. So first off this is tqqq, and one of the things that i want to point out is my ema line. Right now is set at 20., but ever since we sold off uh since the beginning of this year, 2022 we've been making lower highs and lower lows.

Every time that we try to test this ema, we get rejected, we get rejected, we get rejected, it's not a perfect indicator. We could see this right here right, we broke above, but then we sell off. So it's not perfect, but it acts as a pretty good indicator as a reference of hey we're at a level we where we could get rejected based off of previous patterns. Why am i talking about this well other than this time right? This is when they actually announced, if i'm not mistaken, that russia attacked ukraine.

This is why the market began to sell off once again um, but as of right now, we are re-testing. This ema line on the day chart with a length of 20. For the first time, for the second time in 2022, there are a couple times we did test it again. You can mess around with the length of your ema.

I would encourage you to look at your stock that you're invested in i'm using tkq as an example for me, if you test, if you trade, something that maybe the 30 ema is validated a little bit more, if you want to be a little bit more conservative, Then maybe increase the length of your ema. If you want to be a little bit more aggressive, then you can decrease the length of your ema and it will fluctuate. As you can see, i just changed it to 30 and we could see that with this there's not been, there's not been another time other than uh the previous time uh during mid-march, where we broke about other than that, every single time it's treated below. So we could even play it a little bit more on the conservative side, but the reason that i'm making this video the reason that i'm talking about this is we're at a critical point, we're at a critical point.

Just like we were last time where, yes, the market did end on our green note last week, wednesday, thursday friday amazing the nasdaq market. As of right now, it looks like it's going to open up in the green if the nasdaq market opens up where it's at right now, one percent for nasdaq means three percent for tqq, that's great, but please i can't stress this enough: okay, especially if you're a Beginner the market has been selling off for five months, we're so close, we're so so close to waiting for confirmation. I'm not telling you you shouldn't, take a position, i'm not telling anything like that right. I'm just saying.

Take your position size into consideration. There's no reason to rush into it if we're already so close, it's already been five months, just give it the time that it needs to confirm before you really begin to step on the gas. You know what i would hate to happen, because i've done this multiple times, i'm just trying to look out for you guys right. I would hate to be so close getting too confident thinking that the market has to recover, even though it's been selling off for five months go all in right now, some news is released, whatever the case might be, and then it sells right back off how horrible Would that be i waited five months.

I was so close to waiting for confirmation. I broke my discipline. I go in right now and then it gets rejected. It'd be one of the worst feelings, the other side of that yeah.

You can go all in right now. It breaks above it recovers great, i don't know about you, but i don't want to go all in when i don't need to right. This is why we manage our position size. This is why they say it pays to be patient.

I want you guys to be aware of critical levels that i'm waiting for confirmation on that's my job here right now. You know we made so much money last week. If you guys follow me on instagram um. I had a 74 000 week really in just three days of trading and i'm so grateful for it.

But one of the things that i know about the market is that it doesn't matter how much i made last week yesterday, even in two days from now right. Every day presents new challenges. Every day is a new day, especially as a trader. You need to make sure that every time that you choose to take advantage of an opportunity that you you treat it as a new opportunity that it's not because you made money yesterday that you're guaranteed to make money today, please more now than ever before.

It's not that you should be scared. It's not about that! It's that you should be prepared. You should be selective and that should empower you, because you will be more in control, not just for best case scenario but for worst case scenario and that's exactly what i'm excited to you know break down tomorrow in our live training session. So i don't want to take too much of your guys's time.

I wanted you guys to be aware of this critical level. We're so close, i'm very, very excited, i'm sure you guys are too and there's so much money to be made. So why not just give it the time it needs to get that confirmation. So we have that confidence to then step on the gas preparing for the worst, but not being be not being able to, not being afraid.

Excuse me to take advantage of the best. So i'm very excited to follow up with you guys tomorrow, friendly reminder, i would love for you guys to join our live trading session tomorrow at market open. If you guys have been waiting to join our learn plan, profit team, friendly reminder, we are running our biggest sale for memorial day weekend and it's 150 off. You don't have to sign up, but if you've been waiting for our biggest discount, you will not find a discount bigger than this.

It's 150 off, it's a one-time payment lifetime access and you get access to everything. Our daily live trading sessions. You get access to our a2c video lesson, library, our private group chat and, yes, you get access to our hq. That's going to be that first link in the description 150 off, and this will also give you access to our live trading as soon as tomorrow.

Lifetime access one time: payment 150 off today, again, if you're ready to sign up it's that first link down below. If you have any questions that you guys would like to ask me, also friendly reminder: uh we are going to be having a pizza party, you guys absolutely killed it in our live trading session. On friday, a lot of you guys were thrilled about the idea of our pizza party, so we're gon na have a pizza party this friday at the hq. So if you want to join us and you're here relatively in the arizona area this friday, it's a pizza party, that's going to be open to the public, and i hope that you can join us.

It's going to be at 1 pm. If you would like to join us, please just shoot me a message via discord and that's going to be that second link down below and yes, it is free to come. I really do appreciate you guys time happy memorial day, wish you guys nothing but the best and excited to see you guys in tomorrow's live trading session. Like always, let's make sure that we in the year on a greenhouse, thank you to team.

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