ALERT: WATCH THIS BEFORE YOU TRADE TOMORROW...
In a Nutshell
FOMC held rates at 3.75% as expected, but Powell's cautious tone on sticky inflation, oil prices, and weak labor sparked a market sell-off, closing BTC at $6700; watch QQQ support at 595 and potential recovery to 610. Avoid shorting oversold levels like MSTZ (inverse MSTR) without continuation signals, as markets remain stubborn despite Middle East tensions and Meta's metaverse flop. Tomorrow's initial/continuing claims and new home sales could drive moves—lock in profits, cash out when in doubt, and join live sessions via description link.
These notes were generated by AI and may contain inaccuracies.
Ricky with Techbook Solutions discusses the significant downturn after the FOMC rate decision. Closed the day at $6700 on a continuation trade in today's live trading session with the LPP team. Beginners can access daily live sessions via the second discounted link in the description to watch live trading as soon as tomorrow.
FOMC rate held at 3.75% as expected, no interest rate cut. Markets traded lower due to sentiment and tone from Jerome Powell. Concerns: sticky inflation, oil prices causing inflation to rise, weak labor market.
Prepare for market movements by knowing when to step on the gas and when to be cautious. Likes markets selling off for trading opportunities using inverse ETFs like MSTZ (short of MSTR), which rises as MSTR sells off.
Monitor common support levels and resistance levels. Markets selling off with uncertain news, hopes for continued sell-off for better deals on MAG 7 companies. Not convinced markets must continue selling off. QQQ has not made new lows since November 2025, stubborn despite bad news like attacks in Iran, escalation, but Trump tweet caused quick recovery.
BTC dropped. Meta shutting down metaverse after spending $80 billion; real estate once sold for $2.4 million. Pentagon requested over $200 billion from White House for war against Iran. Markets don't like uncertainty.
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