SPY/QQQ Plan Your Trade 8-1 : Base Rally After Gap FillToday's BaseRally301 pattern is certainly giving us a run for our money.
I expected a bit of a pullback in early trading today, but I didn't expect the SPY price to fall far enough to CLOSE THE GAP.
This is a great example of staying agile and running with what price gives us.
Now, as we have closed the GAP and still trying to find a base/support level to mount another rally attempt.
Please watch this to learn how important the next 4 hours are related to the future rally trend for the SPY.
Today should be very interesting if the SPY Cycle Pattern plays out as I expect.
This video also includes Gold, Bitcoin, and the QQQ.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Es!1
SPY/QQQ Plan Your Trade 8-1 : BaseRally301 Pattern TodayThis video is to help you understand the continued initiation of the Vortex Rally phase and how today's BaseRally301 pattern will play out.
Within this video, I cover the SPY, QQQ, Gold, & BTCUSD.
This should really give you a solid primer as to what I expect the SPY to do today and why I'm waiting for the first 30 to 60+ minutes to play out before looking for any trades.
I expect the SPY to move in a consolidated downward price trend for the first 30-60+ min, then start to move into the rally phase.
Plan your trade. Remember to use the allocation model I shared with everyone yesterday.
A. Pick your Entry Price
B. Pick your Stop Level
C. The difference between your Entry Price and Stop Level becomes your RISK FACTOR (say $2).
D. Pick how much you are willing to RISK AMOUNT on this trade (say $500)
E. Divide Your Risk Amount (D) by the Risk Factor (C): 500 / 2 = 250. You are only allowed to trade 250 shares (or less) to maintain your risk containment levels.
It is pretty simple once you get used to this structure.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 7-31 Mid-Day Update - POP May IntensifyPlease watch this video to learn how the already big rally phase (starting the Vortex Rally) may intensify over the next 10+ days.
By my analysis, the SPY could rally to levels above $565 before mid August.
But, the SPY Cycle Patterns still show a moderate price pullback is in order before we move onto any extended rally phase.
I've also made some big changes to the new TradingView tools I've been working on. Very happy with the current mods/adjustments.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 7-31 Mid-Morning Update - POP DelayedIt looks like the POP pattern was suppressed by yesterday's Israel attack - pushing price downward and really creating a bullish launchpad type fo reversion move.
The Nasdaq is up over 3%
The SPY is up over 1.6%
These are HUGE upward price moves.
In my opinion, this is the POP pattern showing up a day late (disrupted by the Israel/Lebanon attacks yesterday).
In this video I highlight what I think is still a potential for a bit more upward price trending. We will reach a peak today and likely stall downward a bit later in the day.
But for now, this reversion rally seems very strong.
Get some
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 7-31 Morning UpdateThis video highlights the morning Gap and what to expect before price settles and attempts to move above $553-555 today.
I fully expect the Vortex Rally to move price higher over the next few weeks/months. But, today is going o be critical to see if Price can attempt to move above the recent resistance area near $554-555. If price moves up to that level and rejects (downward) - I would still consider that a positive price reaction to the recent selling pressure.
So, today and tomorrow are going to be very important related to Fibonacci Price Theory and watch to see if price CAN attempt to move to new Unique/Ultimate highs.
So far, the Gap higher (to a new Unique high) is a very positive move.
One of my friends wrote to me this morning saying his "lotto" call options (purchased yesterday near the close) resulted in a 1400% gain this morning. Love this.
I love seeing traders use my tools/research and attempt to better their skills.
That is a big Lotto Win for cheap $9 call options on the SPY.
Let's see how it plays out today.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 7-31 : Counter-Trend Base RallyFirst, I got up a bit late this morning. Been pushing really hard over the last few weeks. I guess I needed the rest.
Next, this video is very important for ALL TRADERS.
I want all of you to learn the proper skills to manage your trading, risk controls, and emotional aspects of trading, and really learn the skills to MAKE YOUR OWN DECISIONS.
I know you may never fully master these, but knowing how to use these tools and how they can help you is very important.
I'll keep this short, we are likely going to see a rally to to $553-555 in the SPY, then watch the price roll downward later in the day.
Go Get Some
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 7-30 - Pop Pattern Disrupted By NewsToday's POP pattern, which I suggested would present a very solid Bullish trending opportunity, was disrupted by news of Israeli attacks in Lebanon.
I truly believe today would have resulted in a very strong reversion rally had the markets no been disrupted by the new conflict.
Still, we need to play the markets and not rely exclusively on my SPY Cycle Patterns.
In this video, you'll see me go over a number of symbols (SPY/QQQ/Gold/Crude Oil, others) and show you some of the new tools I've been working on to help traders stay on the right side of market trends.
I still expect the Vortex Rally to take place over the next 30 to 90+ days - building strength as the US markets trend upward.
I believe the conflicts and global economic uncertainty will drive capital into US-Dollar-based assets over the next 12+ months - creating the Vortex Rally.
This will also drive hedge instruments higher.
As the US markets shift into the preferred safe-haven asset class (again), we should have nearly unlimited opportunities for great trades over the next 12 to 24+ months.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 7-30 : Bullish POP PatternToday's POP Pattern in Carryover mode suggests the SPY will attempt to move above $550-551 on moderate bullish trending.
I believe the way the patterns are set up, the price will attempt a moderate rally with the POP pattern. Then, move into mild consolidation (downward trending) on tomorrow's Counter-trend Bottom-Rally Start. Then, move into a moderately explosive upward/bullish phase on Thursday/Friday with the BaseRally301 and Breakaway patterns.
Overall, I see the SPY/QQQ moving into the new Vortex Rally Phase over the next 30 to 90+ days, which will present incredible opportunities for skilled traders.
I'm only trying to predict one week at a time. The last time I did this, I tried to predict three weeks into the future. The more time I include (further out into the future), the more likely my predictions will be incorrect regarding price location/range.
So, we will keep this simple - going one week at a time.
I hope you guys are benefiting from all my hard work. It took me over 20 years to learn enough to figure out these SPY Cycle Patterns. You guys are getting a taste of them for Free on TradingView.
What do you think so far?
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade EOD 7-29 - Prepare For Tomorrow's POPThis is an end-of-day recap of the Flat/Down SPY Cycle Pattern - which played out perfectly.
As I warned, this type of pattern suggests the SPY will stay in a consolidated range and attempt to drift downward throughout the day. This type of pattern presents a very difficult day for day traders.
Tomorrow's POP pattern should be very exciting. I'm reading the POP pattern as a Carryover of trending.
Because of this, I'm suggesting tomorrow's POP pattern may present a strong rally trend - possibly attempting to move above $554-555 on the SPY.
If my research is accurate, tomorrow should be a great day for day traders and present some real opportunities for profits.
Hope you are all enjoying my work. Let me know what you think.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade Update 7/29 - Flat/Down PatternThis mid-day update highlights the SPY Cycle Pattern prediction and how to trade short-price swings as price contests into a sideways channel.
The Flat/Down pattern is usually a congesting type of price pattern. Price trends are smaller and traders need to learn to adjust to taking quick profits.
These types of days are sometimes difficult for traders who are used to swinging for the fences. Days like today mean "grab profits quickly and try to eliminate risks within the first 10-20 minutes."
I highlight this method in the video showing my new MENT Pressure System setups.
Pay attention to how the SPY Cycle Patterns seem to be aligning again (after the Kamala-Crush). this is good to see, as we want the SPY/QQQ price to move back in alignment with the SPY Cycle Patterns after the recent disruption.
Looks like we may slide into a sideways price trend throughout the rest of the day.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 7-29 : Flat/Down PatternPrepare for a fairly mild day today with the Flat/Down SPY Cycle Pattern.
This pattern suggests the SPY will struggle to find any real trend and will stay relatively flat overall with a moderate downward price trend.
Watch this video. We are in the early stages of a broader Vortex Rally phase - but price will continue to roll higher and lower through cycles. Today's Flat/Down pattern is not a big concern for me. I'm more focused on the broader Vortex Rally phase and how that will continue throughout 2024 and into 2025.
If my research is correct, we are shifting into a new broad price trend that could be explosive. The greatest opportunity of your life is sitting right before you.
If you have not been paying attention to my research/work/tools - maybe it's time to start paying closer attention to what I'm saying.
The next 3~5+ years should be filled with incredible opportunities for skilled traders.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Building Success In PineScript - The Ment Pressure SystemAfter more than two weeks of playing around with Pinescript, I've managed to put together some really cool tools for my followers/subscribers.
The idea of price pressure intrigued me, so I decided to create something based on it.
Ideally, I planned to build something that helped traders find and execute better trades. It is difficult to identify chop vs. trending in any market/interval. My goal was to create a small suite of tools to help traders identify better trade setups.
I still believe I have more work to do with these pressure tools, but I'm very happy with how they work.
I did learn some "tricks" with Pinescript related to how variables and processes work (of course, by trial and error).
Watching the code run in real-time has been fun (watching a 2 min ES chart).
I can't wait to see how my followers use these tools and develop new ways to deploy them efficiently.
What are your thoughts? Anything I can do to improve?
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 7-28 - Vortex Rally Phase InitiatesGood afternoon everyone,
This Sunday update highlights my SPY Cycle Patterns for next week and discusses my belief that the US stock market has entered a new Vortex Rally Phase.
For those unfamiliar with my extended research, every weekend, I spend more than 10 hours creating Custom Index charts and reviewing other proprietary data points while attempting to determine an outcome related to capital flows, expectations, and global market trends.
It's not like I sit here trying to study every global market. I have about 20+ Custom Index charts/data points that show me most of the data I need to see; then, I attempt to verify my expectations by looking at other data points/charts.
I'm seeing the start of a Vortex Rally (as I call it). This is something very important for traders to understand and is clearly defined in this video.
Get ready. We will see a solid US Stock market MELT-UP over the next 12+ months.
Get some
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 7-26 Base/Support Rally PatternThe markets are struggling to break away from the morning congestion.
I, personally, want to see the SPY move above $550-551 (filling the gap) before I'm going to consider any potential upward trend.
The past few days have been frustrating for me and my Cycle Patterns. The Kamala-Crush, as I call it, came out of nowhere and crushed the market trend.
The SPY was holding up fairly well on Monday/Tuesday this week but was crushed on Wednesday - the Day of Biden's resignation and Kamala's take-over. I see this as traders/investors actively moving capital away from risks and profits.
Now that we are nearing the end of the week, the dust will settle, and we'll move back to more normal types of trading/trending.
In the next few weeks, SPY Cycle Patterns show moderate upside trending. It should be fun.
Remember, stay focused on your objectives and learn to develop proper risk containment for your trading.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade for 7-26 - Top/Resistance Counter-TrendToday's Counter-trend pattern is a Top/Resistance pattern.
This pattern usually reflects a price peak setup - rolling into a downward price trend. But it is in a Counter-trend formation today - so we should expect a base/bottom setup rolling into a bullish price trend.
This video covers the SPY/QQQ/Gold, and I expect the "Kamala-Shakeout" may be nearly over in terms of market disruption (at least for now).
I strongly believe this is a moderate price shakeout. Traders are reacting to the new Democratic nominee (Kamala Harris) and the sudden change in expectations related to the Presidential election outcome.
I could be wrong, but it makes sense to me that this sudden change would be reflected throughout the global markets as a repositioning of capital (related to risks).
Let's see if the markets can hold this base/bottom setup over the past 2 days.
I really want to see the SPY above $550~551 to settle above my A/B level related to risks. A move back above $550-551 would indicate price has rejected the current downward swing.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 7-25 EOD Wrap-up - Kamala-CrushThis is an End Of Day wrap-up related to the continued downward price trends the US markets are experiencing.
As I continue to research why the US markets are contracting so suddenly, the only thing that makes sense to me is what I call the "Kamala-Factor."
Suddenly, last weekend, Kamala Harris went from the sidelines to front-n-center.
Monday, everyone talked about Kamala Harris as the new Dem candidate after Biden pulled out of the race.
By Tuesday night, Kamala Harris had secured enough delegates for the Dem nomination.
Wednesday morning - the markets CRASHED.
Today, we saw a little bounce near support, but the markets continued to sell downward into the close.
As far as I'm concerned, this is actually FEAR related to Kamala's policies, plans, and leadership. Traders/investors are suddenly moving capital away from sectors they believe could be at risk of a further collapse.
This is the only reasonable response to the sudden collapse of the major US indexes—gold, Silver, Oil, Transportation Index, and others—while the VIX suddenly shot up to 18+.
The short story Kamala Harris scares people, particularly investors/traders and large investment firms. As a result, they are moving capital away from risk factors before the US POTUS election.
We need to see the US markets find support, or we could be in for a deeper market downturn.
Get some...
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 7-25 : Temp-Bottom UpdateGood afternoon everyone,
Today's Temp-Bottom pattern played out perfectly after what I'm calling the Kamala-Shakeout on 7/24.
The SPY price is struggling to find support near the 2x StdDev lower channel and appears to have bounced higher into a new short/intermediate-term Bullish price trend.
If you've been following my research, you already know how powerful and accurate my SPY Cycle Patterns are and how they do not take into account news, politics, or other outside crisis events. They are psychologically reflective of Fibonacci/Gann price cycles/structures—nothing else.
I believe the SPY will attempt to squeeze higher into the close today, setting up another bottom-reversal pattern tomorrow (a counter-trend Top Reversal). The Counter-trend type suggests the pattern will be inverted.
If my analysis is correct, we'll see the SPY move into a more solid Bullish price trend by tomorrow and then continue to try to break above the $560 level again.
Here we go...
Get some
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 7-25 - Deep Low Bottom (Gap Fill) This is a rather long video (about 23 minutes) - but I wanted to go over the unique situation presented to us with what I'm calling the "Kamala Shakeout" related to yesterday's deep selling trend.
This video is very clear. We are still in a technical Bearish trend, and I've highlighted the levels needed to switch to a Bullish trend.
Today's SPY Cycle Pattern is a Temp-Bottom. I'm expecting the SPY to attempt to identify support and roll upward - starting a price reversion that may see the price move above $555 over the next 2~5+ days.
But, right now, I'm more concerned with early morning selling pressure trying to fill the GAP Window from early June.
Remember, I'm trying to suggest a pattern reaction (a Temp-Bottom pattern) while highlighting the KEY Ultimate382 levels as confirmation levels for Bullish or Bearish trending.
Yesterday's big selling move was, in my opinion, related to unknowns focused on Kamala Harris' run for POTUS. I believe the markets were waiting for any catalyst related to the uncertainties of a Harris Presidency, and those concerns were reflected in the selling pressure we saw yesterday.
Here we go.
Get some
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade - 7-24 : Review & The Kamala ShakeoutAfter a long drive and trying to get through LA, I wanted to discuss what I believe is taking place in the US/Global markets. What I call the "Kamala Shakeout".
Over the past few weeks, there has been much news related to Trump/Biden and the potential election consequences.
But all of those expectations changed because of two rather large events..
_ the assassination attempt on Trump
_ Biden's withdrawal from the race - resulting in Kamala Harris's rise.
Now, I believe the markets are starting to digest the amount and scale of uncertainty related to a new POTUS candidate (with almost no knowledge of her policies, plans, and expectations) and the outcome in November (only 90+ days away).
IMO, what we are seeing right now is actual FEAR related to the unknown factors centered around Kamala Harris.
I believe voters and businesses already had expectations related to Biden/Trump (either outcome) based on the past 8 years. Now, with Kamala Harris, who knows what the expectations are related to plans, policies, and expectations?
That is why the markets rolled as hard as they did today. The markets are pricing a new degree of uncertainty and will continue the Kamala Shakeout until the dust settles.
I'll fill you in with more details tomorrow morning.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade - SPY Seeking Support for Base/BottomHere is a quick video highlighting the News Event-driven price action today.
My SPY Cycle Patterns don't predict or operate off news cycles. They are based mostly on Fibonacci/Gann research/cycles.
Today's price action is a great example of when patterns fail to predict price trends accurately. But one has to understand that today's price movement is like throwing a huge rock into a tiny pond—it makes big waves.
That is how traders are interpreting the TSLA news today.
Even though the previous quarters were slightly worse than Q2:2024, traders anticipated any negative news that would push the markets downward (it appears).
My analysis has not changed. I'm looking at the price and thinking, "Boy, this is going to be an incredible bullish reversion setup for skilled traders."
In order words, when the selling pressure stalls/stops, prepare for a big rally above $556-557 on the SPY as a reversion move.
Earnings are sometimes challenging to trade through. Big news can throw some big price swings as data hits.
Buckle up. It will be interesting to see how the price reacts through this week's and next week's end.
Based on my SPY Cycle Patterns, I'm still preparing for a bullish rally phase.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 7-24 - Harami~Temp BottomGood morning all,
Boy, my friendly group of traders was reviewing the TSLA and GOOG data last night for any signs of weakness or strength.
The earnings data did not settle well with traders, and the markets were a bit lower this morning. But, simultaneously, I'm trying to tell my followers to let the dust settle after yesterday's data.
I was taught "it is a market of stocks - not a stock market". Don't think of it as a single unit - it is multiple (thousands) of stocks competing for your investment dollar.
And, as I'm still reading the data, I believe the US stock market is healthy and efficient in terms of earning power and future expectations.
Because of my expectations, I'm urging my followers to consider something somewhat unique. Today's SPY Cycle Patterns should be a Harami pattern, but tomorrow's is a Temp-Bottom.
I suspect the Temp-Bottom pattern may blend in with the Harami pattern today - setting up a very clean type of double-bottom or price base for the SPY/QQQ.
My data suggests we are moving into a reflation/recovery phase (higher), but the news/data (earnings) has shifted price action to the downside. The base/bottom is playing out today and tomorrow as the price attempts to find/bounce off support.
We'll see how today plays out. Please pay attention to my warning related to today's downward price trends. There is a lower gap that could get filled on a deeper downward price trend - but I'm looking for new or recent lows to set up a Base/bottom today. Then, I expect solid reflation/upward price trending over the next 5~10+ trading days.
SPY/QQQ Plan Your Trade 7-23 EOD Wrap-up - Tomorrow's HaramiToday's Flat-Down pattern could not have played out any better. My SPY Cycle Patterns predicted today would reflect a moderately flat trading range that drifted downward - sure enough, that's precisely what we saw today on the SPY.
Now, we move into tomorrow's Harami pattern. Although we may see a broad price high or low (price volatility), we are nearing the APEX of a moderate price FLAG pattern. Price can become very volatile near these areas as price attempt to break away from a tighter price channel.
I expect the open-close range to stay very narrow tomorrow. The high/low range may be bigger than today's total candle range, but ultimately, I think tomorrow's open-close range will be very tight and narrow, possibly setting up a Doji-type candle.
In the broader sense of the SPY Cycle Pattern trends, we are moving into a basing/bottoming setup that should resolve to the upside on Thursday/Friday. So be aware that the recent lows may be a great opportunity to setup for the Thursday/Friday base/bottom SPY patterns.
I know many of you are relying on these patterns, and I started this to prove that my technology works and can provide greater insight for traders. Now, I have to decide whether to continue doing this or take a break.
I have enjoyed teaching my techniques and systems to everyone, and I love the comments. However, I also want to protect my technology and resources.
So, I would love to hear from you guys. Do you want more of this? Do you want me to continue this for another few weeks?
Let me know what you guys think.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold