SPY/QQQ Plan Your Trade Update : Shift Market Trends - BUCKLE UPThis update is to show you why I believe the markets have already started moving into the low-liquidity phase I have been suggesting for more than 3+ weeks. This low-liquidity phase will happen as we move closer to the US elections.
Simply put, traders are very anxious regarding the outcome of the election and the chaos that may happen after the election. Because of this, I believe many traders have already pulled capital away from the markets and are sitting on CASH.
This lack of market liquidity could present a very real risk of a FLASH-crash type of event.
So, BUCKLE UP.
Metals shifted downward (silver is leading almost all other markets with very clear patterns/setups).
BTCUSD appears to have peaked and is rolling downward.
The SPY is about to APEX into a new FLAG APEX - thus we should expect extreme volatility over the next 3+ hours of trading. Possibly leading to a strong downtrend near the end of trading today.
And, I believe all of this points to the lack of liquidity event taking shape. Moving the markets into a type of low liquidity PANIC mode (downward).
Play safe and Buckle Up!
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 For 10-30 : GapUp-Higher PatternToday's pattern suggests the markets will attempt to GAP higher at the open, then continue to trend upward throughout the day.
I go into great detail in this video trying to highlight the setups and constructs of price for my followers.
We are moving into a very volatile period for the markets with what I believe will be a low liquidity event taking place throughout the election. My thoughts are that liquidity will dry up later this week and early next week before the election day (we also have a Holiday on Monday).
So, if my analysis is correct, we are going to be looking for the US and global markets to clearly illustrate extreme anticipation/fear related to who the US will elect.
That should translate into extreme potential market volatility.
I urge traders to watch this video (and some of my more recent videos). Now is the time to prepare for this extreme market volatility and to learn to PULL AWAY from risks.
There is no reason to be trading like normal throughout this event. By late today or late tomorrow, you should really ask yourself "how much are you willing to risk throughout the election event and long weekend".
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
DreamAnalysis | NASDAQ's Next Move Key Levels & Strategic Setups✨ Today’s Focus: NASDAQ (US100) – A Major Market Influencer
We’re diving into the latest NASDAQ price action to pinpoint crucial levels, assess potential trends, and uncover strategic trading opportunities.
📊 Market Overview:
Currently, NASDAQ is positioned in a deep premium. The price has broken through significant buy-side liquidity levels, including the Previous Month High (PMH) and Previous Week High (PWH), setting the stage for a potential move toward the all-time high. A bearish Smart Money Technique (SMT) signal also aligns with the SPX500 (ES), hinting at possible headwinds.
🔴 Short- and Long-Term Outlook:
We’ll explore both bullish and bearish setups, equipping day traders with insights to approach both short-term and long-term trends effectively.
🗣 Short-Term Outlook:
In the short term, two scenarios could play out: either a push into the Buy Side Liquidity targeting the all-time high or a rejection at the 4-Hour Imbalance, leading to a lower move. Lower timeframes will be crucial for monitoring these moves—drop down to spot key market movements in real-time.
🗣 Long-Term Outlook:
Looking long term, there’s potential for a pullback into a Discount level. For entries, tracking lower timeframes is essential, especially as we’re near the all-time high. The bearish SMT divergence with SPX500 (ES) reinforces the possibility of a downward expansion.
🕓 Key Levels to Watch:
These levels will likely shape price movement:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- BSL: Buy-Side Liquidity
- SSL: Sell-Side Liquidity
- Weekly FVG: Weekly Fair Value Gap (Imbalance Zone)
Fair Value Gaps (FVGs) serve as pivotal retracement zones, potentially guiding the next price movement.
📈 Bullish Scenario:
In a bullish setup, watch for Low-Resistance Sell-Side Liquidity sweeps on lower timeframes (LTF). Look for entry signals targeting higher levels, including a potential move toward the all-time high (ATH).
📉 Bearish Scenario:
For bearish trades, focus on lower timeframes such as the 15-minute chart. Short entries within the 4-Hour Imbalance or a breakdown of Low-Resistance Buy-Side Liquidity provide further confirmation.
📝 Final Thoughts:
Stay adaptable as market dynamics shift. By monitoring these key levels and setups, you’ll refine your strategy and increase the potential for high-probability trades.
🔮 On the Radar:
We’re also tracking NASDAQ, DXY, EUR/USD, and other major markets for evolving insights and timely updates.
⚠️ Disclaimer:
This analysis is for educational purposes only and not financial advice. Always do your own research and consult a licensed financial advisor before making any investment decisions.
SPY/QQQ Plan Your Trade Update For 10-29 : Ripper Apex BreakoutThis short video highlights the Apex Volatility breakout in the SPY today and shows the ripper rally in Gold & Bitcoin.
If you've been following my research, you already know I called these moves many days ago.
If you are new to my videos, this is an excellent way for you to see what I do, learn from my videos, and attempt to see now my research fits into your trading style.
My single goal is to make you a better trader - and I hope I'm doing that with all the content I provide.
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 10-29 : Gap Defender PatternToday's SPY Cycle Pattern is a Gap Defender in Counter Trend mode.
Even though I forgot to show you the pattern page in this video, today's video suggests the SPY will attempt to protect and defend yesterday's opening gap price range - possibly attempting to move a bit higher as I predicted.
With Bitcoin rallying away from the consolidation range, I see this as a "move to hedge against fear". I believe Gold and Silver could make a strong move higher as this hedging moves across all fear-base hedge assets.
Additionally, both presidential candidates support renewed legislation for Bitcoin & Cryptos in the US - so either way I believe the digital currency world is ready for US involvement.
Right now, I see the markets as trying to make a "last gasp effort" at a rally into Wednesday. Then, I believe the markets will roll into a broad contraction phase setting up just before the election as liquidity vanishes from the markets.
Price volatility should be EXTREME between Nov 1 and Nov 6.
Play the next 2 weeks very smart. Otherwise, your lumps could be painful.
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 10-28 : Top Resistance PatternToday's SPY Cycle Pattern is a Top Resistance pattern in Countertrend mode.
I believe this pattern will represent a moderate early topping price action in the SPY/QQQ - resolving slightly to the downside, then rolling into an upward price trend near the end of the day.
The reason I believe this to be the case is because of two factors.
A. The Countertrend mode suggests the top will actually be a moderate bottom in price (a pullback resolving as a base/bottom).
B. The continued bias for the markets is slightly upward, thus I believe the SPY/QQQ will attempt to reach new intermediate ATHs before we start to move into the pre-election downtrend.
Gold and Silver will struggle today as both appear to be consolidating in a FLAGGING formation.
Bitcoin is still consolidating in the Phase #3 sideways consolidation pattern of the Excess Phase Peak pattern.
Everything is playing out generally very well aligned to my research and cycle patterns. Last week I warned that market price would likely be very difficult in comparison to my SPY Cycle Patterns and that traders should begin to move to protect capital.
This week is the last week you have for any upside opportunities. You need to plan to protect capital (if you plan to) before the pre-election correction. I believe skilled traders will be able to move back into the strongest sectors at a 5.5 to 8.5%+ pullback just after the elections.
That is a smart move if you can pull it off.
Also, don't hold any Gold/Silver futures contracts through the 2-3+ days around the election day. Volatility will be EXTREME and unless you can take the lumps (margin calls), I don't advise anyone trying to trade metals on November 5-6. If you do, get in and get out QUICKLY.
Here we go...
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Preparing For Pre Election Volatility - Stay Protected From RiskI wanted to highlight what I believe is the most likely 5 to 10+ day price activity and why I believe traders should immediately begin to prepare for extreme price volatility.
I believe the SPY/QQQ will move into a very moderate rally phase over the next 2 to 4 days, then peak near Oct 30-31 and shift into a very aggressive downward price trend.
That downward trend could evaporate 5.5 to 8.5%++ (possibly even resulting in a 10-14% downward price move in some of the most volatile tech sector stocks/ETFs).
Traders really need to understand the risks of holding positions through the election vs. the opportunities of CASHING out of 80-85% of your holdings and attempting to buy back into those same symbols at a 5.5 to 8.5% discount on November 6-8.
Think about it.
Why take the 6 to 10%+ risk when you don't have to.
Again, I'm trying to help you plan and prepare for what I believe is likely to happen. I could be wrong - we'll see.
But, even if I'm wrong about some of my expected ranges, you would still be able to buy back into these shares at a reasonable price no matter what happens.
Remember, a quick 6 to 10% pullback can provide a very good opportunity for skilled traders.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
#ES_F Day Trading Prep Week 10.27 - 11.01Last Week :
Last week Sunday Globex opened right at the upper Edge with a sell back to VAH. Going into the week being under the Edge and under 900 was our key to see moves back to Value, we saw pushes inside Value Monday RTH and Tuesday Pre Market which were bought up until we built more supply right around VAH which finally gave us a move into Value for the 70 - 50s and 40s targets. We did get enough Volume to make it all the way down to VAL and through towards the lower Edge but ran out of Supply right at the top of Previous Distribution Balance and were able to come back inside Value. We ended the week with another attempt out of VAH which ran out of buying and came back inside Value to take back the whole move which was done during Globex hours to close under the Mean right into the Intraday Range Edge of 41 - 36.
This Week :
Looking at this weeks chart and price location it's not as easy to read as there are lots of possibilities which could happen. We are going into Month end week, have quite a bit of market moving data, supply in Value and above, and covering at and under VAL.
30m , 2h, 4h are in correction mode, 1hr not quite there just yet if we are looking at the MAs.
Daily TF also giving us first signs of correction starting but it's just the first steps which means it might not be ready yet for any bigger continuation lower and at the same time have the Supply in Value and above to possibly go down and fill the buying in around VAL and Under.
Of course IF stronger volume comes in and we see strong acceptance under VAL and are able to push inside or through the lower Edge then that could bring in a bigger change for more downside into lower HTF Range/our Previous Distribution Balance low and lower Value so will be something to keep in mind and watch for.
If we can't stay above 840s - 50s to stay over the Mean of this Value and stay in this 880 - 40 Intraday Range then we will look for pushes into VAL and under, at and under VAL we have to be careful as there could be enough buying/covering to keep us away from the Edge but at the same time not give us big bounces as we have seen before, instead we could distribute around this 840 - 800s area. After failing at the upper Edge with Supply above, lower Edge and even push under it could be a good target/move to see this week but I am just trying to stay away from getting too biased to not push for it but its something to keep in mind.
For us to think higher prices from here again we would need to either hold above 840s and get back over 50 - 60s to stay in 880 - 40s Intraday Range and see pushes towards VAH or consolidate around VAL without accepting under and then push back over Value Mean.
And if buying and selling on both sides of Value is still strong enough then we could continue holding and going back and forth between VAH/VAL.
Overall looking at HTFs it seems like we are ready for a bigger back fill to finally happen in the market but it might take time to play out, if there will be interest I can post a Daily TF Chart which shows the range we broke out of is 5750s - 5400s, a back fill to break out area and IF we get back inside then move towards Mid/lows and under of that range can be in play but again that's HTF Outlook that can take a LONG time to fully play out not for intraday or shorter term swing trading.
ALL STAR EARNINGS WEEK! Option Market pricing a 1.8% move/wkALL STAR EARNINGS WEEK! Option Market pricing a 1.8% move/wk
Key earnings this week :
Tuesday:
Alphabet after close
Visa
Wednesday:
Microsoft After close
Meta
Thursday:
Amazon After close
Apple
Economic Calendar key events this week :
Tuesday:
10:00 am Consumer confidence
Wednesday:
8:30 am GDP
Thursday:
8:30 am PCE index
8:30 am PCE (year-over-year)
8:30 am Core PCE index
8:30 am Core PCE (year-over-year)
8:30 am Initial jobless claims
Friday:
8:30 am U.S. employment report
As well of
End of Month and Elections following Tuesday on Nov 5.
Volatile week equals opportunity for day traders.
Stay Frosty!
MyMI Apex Trader Funding - ES Short Trade on Market OpenWe're looking for a resistance pullback at the lower support level before we can break higher here. We're seeing the formation of an Ascending Triangle which also suggests a more bearish move lower even to retest $5,822 again before truly pushing higher.
Stay tuned for more!
Links in the signature!
SPY/QQQ Plan Your Trade For 10-25: Rally111 PatternHappy Friday,
Today is potentially the start of a moderate rally phase in the SPY/QQQ headed toward my predicted peak level near October 30-31.
Although this week has had lots of rotation, we've seen the markets hold up pretty well. Tesla surprised with earnings recently after Boeing and other issues prompted a bit of panic selling.
My research suggests the SPY/QQQ will attempt to move a bit higher over the next 3-4 days - attempting to setup a peak just before the election. The 3-4 days prior to the election are likely to be very volatile as liquidity dries up.
Traders need to stay keenly aware of risks over the next 15+ days - even after the election day.
Whatever happens on election day, we are likely to see some moderate level of unrest and challenges related to who won. I believe the current election will be the most watched and validated election in US history. Everyone is watching for errors and shenanigans this time.
As traders, our #1 job is to protect capital. That is why I suggested traders more to 80-85% CASH over the past 2+ weeks.
There is no reason to be engaged in this market at full allocation levels when I expect the markets to become extremely volatile (and potentially prompt a flash-crash type of event).
Remember, lack of liquidity means extreme price volatility.
Gold and Silver are moving into another rally phase. Get ready to see Gold above $2800.
Bitcoin is still consolidating - just as I expected.
This is the time to play it smart. Trade smaller allocation levels and prepare to hedge against risk factors over the next 2-3 weeks.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Working To Unlock The 3-6-9 Secrets Of The MarketRecently, there have been a lot of questions related to my SPY Cycle Patterns and how they work.
I've often stated that these patterns are based on Gann, Tesla, and Fibonacci's price theory.
However, underlying all that is a core component related to the 3-6-9 (secrets of the universe) theory.
This video tries to introduce you to the concepts of the 3-6-9 theory and how it overlays with Gann, Tesla, Fibonacci, Japanese Candlesticks, and more.
My focus for the past 24+ months has been to unlock this theory's secrets and develop a practical use component (code) that attempts to provide very clear future trading/price predictions.
Spend some time watching this video. See what you think and open your mind to the concept that price moves through construction and destruction phases (likely based on the 3-6-9 concepts).
At the end of this video, I share some practical knowledge/examples showing why I believe the 3-6-9 theory is critical to unlocking the true secrets of market price action.
I may never be able to unlock all of it, but I'm dedicated to trying to unlock as much as I can within my lifetime.
This drives me to build code solutions and attempt to improve my skills.
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 10-24 : Breakaway PatternToday's trading should begin to resolve as a reversion back to the upside after yesterday's panic selling.
I spend a lot of time going over what happens when news or outside events disrupt price action and sometimes disrupt my SPY Cycle Patterns so everyone can try to understand how the SPY Cycle Patterns work.
My SPY Cycle Patterns are not immune to news or outside events. They attempt to predict what price will "most likely" try to do for a day based on Fibonacci, GANN, Tesla, and Rodin Vortex Math concepts. They don't attempt to predict or address any outside news, geo-political, earnings, or other external data.
As I like to describe them.. They represent price characteristics, showing what price would most likely attempt to do if no outside event disrupts the markets.
Given yesterday's panic selling and the fairly strong recovery/reversion we are seeing in early trading, I believe the SPY/QQQ will attempt to move into a moderate rally phase lasting till October 30-31, then move aggressively downward just before the US Elections.
Gold and Silver will follow roughly the same path but may become even more volatile just before the elections.
Bitcoin is still consolidating sideways - just as I expected/suggested.
Please pay attention to my comments about HEDGING and POSITION SIZING over the next 3+ weeks. These market trends (with lower liquidity) can often be very difficult for all traders.
It is better to cut your trading allocation down to 20-25% of normal sizes throughout these election cycles (especially so close to a hotly contested election).
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 10-23 : Gap/Breakaway PatternToday's Pattern suggests the SPY will attempt to move higher in a potential Gap/Breakaway mode.
I read this as a potential for an opening price gap (likely higher) and trending upward throughout most of today.
I will point out that I believe the QQQ will not follow this same pattern. The expectation I drew earlier with my SPY Cycle Patterns suggests the QQQ will attempt to consolidate today - possibly moving slightly downward.
This can, and often does, happen when we get a divergence between the SPY & QQQ.
Gold & Silver appear to be moving into my expected Rally phase over the next 4+ trading days. I believe Gold and Silver will attempt to rally about 2.5% to 3.5% higher before reaching a peak near 10-29~10-30.
Bitcoin is consolidating in the Phase #4 Excess Phase peak pattern - just as I suggested. Watch for support to form near 65,600 or slightly higher. I believe this congestion phase will last until after November 2-4 - be aware.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
DreamAnalysis | SPX500 at a Crossroads Key Trading Strategies✨ Today’s Focus: SPX500 (US500) – A Key Market Driver
We dive into recent price movements and analyze critical market levels to identify potential trends.
📊 Current Market Overview:
The price is currently consolidating within the Previous Weekly Range, showing little movement for now. However, it's important to note that the Previous Month's High (PMH) has already been taken, and the market needs to accumulate more liquidity before making a decisive move—hence the consolidation.
🔴 What to Expect: Short-Term vs. Long-Term Scenarios
We'll explore both short-term and long-term outlooks, offering insights into bullish and bearish possibilities for day traders.
🗣 Short-Term Outlook:
In the short term, we may see a retracement into the Fair Value Zone or the Equilibrium (50% of the range). However, without significant information from higher timeframes, it's best to wait for lower timeframe confirmations before entering a trade.
🗣 Long-Term Outlook:
From a long-term perspective, the price may dip lower to absorb sell-side liquidity before continuing its upward trend.
🕓 Key Levels to Watch:
Keep an eye on these levels, which could impact price action:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- BSL: Buy-Side Liquidity
- SSL: Sell-Side Liquidity
- Daily FVG: Fair Value Gap (Imbalance Zone)
These levels highlight potential liquidity absorption points and areas where price might rebalance. Fair Value Gaps (FVGs) are key zones for potential retracement before the market resumes its trend.
🔔 1Hour Outlook:
📈 Bullish Scenario:
For a bullish setup, we need the Previous Week Low (PWL) to be taken out, or we can use the lower timeframes to identify Sell-Side Liquidity (SSL) levels. Once price sweeps these liquidity levels, we can look for an entry model to target the Buy-Side Liquidity, such as the Previous Week High (PWH).
📉 Bearish Scenario:
On the bearish side, lower timeframes are already offering potential entry models. With the monthly high (PMH) taken and a Smart Money Technique (SMT) divergence with the NASDAQ (US100), there’s a strong confluence for bearish continuation.
📝 Conclusion:
Stay flexible as market conditions shift. Monitor these key levels and setups closely to fine-tune your strategy and seize high-probability trading opportunities.
🔮 Looking Ahead:
Keep following as we track developments in NASDAQ, DXY, EUR/USD, and other major markets. Timely insights will be provided as trends unfold.
⚠️ Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Always perform your own research and consult a licensed financial advisor before making any investment decisions.
SPY/QQQ Plan Your Trade EOD Update : Rally ContinuationThis quick update related to my SPY/GOLD cycle patterns, and other research/predictions, is to help you plan and prepare for the pending rally phase in the markets.
Based on my research, the markets will likely pause a bit tomorrow, Wednesday, and move into a basing/bottoming phase - where price will attempt to develop support.
From that support, I see a fairly strong rally taking place on Thursday and lasting into late- Monday/mid-Tuesday next week.
As I have urged traders to stay cautious over the next 15+ days (elections and liquidity issues), this may be a great time to play the last rally phase before the 3-5 day pullback just before the US elections.
Watch this video. Follow my research.
If you are new to what I'm doing, then watch my Plan Your Trade videos for a week or two. See if you like my style of analysis and if it helps you improve your trading.
My objective is to help as many traders as possible. I'm not 100% accurate in my predictions - but I believe my research is uncomparable to others in what I'm capable of presenting/sharing with all of you.
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 10-22: Gap Reversal In Counter-TrendToday's Gap Reversal in Counter Trend mode should resolve as a moderate downward early price trend - possibly transitioning into a base/bottom and turning higher near the end of the trading day today.
Looking at the charts, it appears price is actually leading my SPY Cycle Patterns by about 12+ hours right now. Why?? I don't actually know why - but it appears price is anticipating the cycle patterns a bit early.
Given the heightened sense of concern related to the elections, price may be rolling through stages of liquidity and volatility with only about 15 days to go before the elections.
Either way, as I suggested, this week is going to be tough to trade with the markets moving into a pause phase ahead of the elections. Most traders are trying to position assets away from the markets or are planning on riding things out past the elections right now.
I continue to suggest traders scale back allocation levels this week and next because of the issues related to liquidity in the markets.
Look for the SPY/QQQ to attempt to find a base and try to melt upward near the end of trading today.
Gold & Silver should stay rather muted today.
Bitcoin is consolidating - just as I suggested.
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 10-21: Gap Potential PatternToday's pattern suggests an opening price Gap is likely. Given the markets are trading slightly lower this morning, this Gap potential plays very well with my Roadmap trading outline from last week. I highlighted the need to sell out of positions last Friday and look to buy into the Gap Potential pattern today.
If the markets rally off this opening gap pattern, we could see a nice move in the SPY up to 587-588+.
Gold and Silver are rallying again. But be aware today is a TOP pattern for Gold/Silver. That means both Gold & Silver will attempt to identify resistance and move away (lower) from that resistance level.
Bitcoin looks to have moved into the Ultimate Peak level on an intermediate-term Excess Phase Peak pattern. Additionally, the deeper low sets up a longer-term Excess Phase Peak pattern that suggests Bitcoin has entered the Consolidation Phase (#3).
Because of this, I suspect Bitcoin will fall below the FWB:67K level and potentially move into broad consolidation for a minimum of at least 5-6 weeks.
These Consolidation phases in longer-term Excess Phase Peak patterns can be brutal for traders. The volatility of these consolidation phases can present real challenges and last about 50% of the time it took to Flag. Given this information, we may see many weeks of consolidation within a range in Bitcoin - possibly lasting into December 2024.
This will be a tough week for traders. Try to stay aware of the bigger picture and play the rotation headed into next week.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
ES_F Day Trading Prep Week 10.20 - 10.25Last Week :
Last week Globex opened and held over Value, for any weakness from there we needed to either get back under Value middle or tag VAH and come back in, instead we pushed up into VAH before the RTH which brought in more buying and gave us a push to test the upper Edge of this HTF Range we have accepted in. As mentioned Monday first tags of big HTF areas like that more often than not give a reaction into opposite direction, which we got the following day with a flush back into Value but that supply was bought up and we again pushed outside of Value. Last two days of the week we ended up balancing between VAH and Edge keeping the price inside the new HTF Range with a close right under the Edge, under Monday and Thursday Highs.
This Week :
This week I am leaning towards us staying within the current HTF Range as we again don't have much of market moving data coming. Something to look for is if we still have strong enough buying in/over Value then we could continue balancing around this current Intraday Range of 930s - 880s BUT we do have a week of Supply built up here and we are right at the Edge of the HTF Range which tells me that unless we can build up inside the Edge then push over and continue to VAL above or hold the Edge on pull backs after taking it then I wont be looking for much higher prices from here but instead for a possible return back to VAH and possibly a move back inside Value into 880s - 40s Intraday Range, with supply above we could see a return back to 870 - 50s and even pushes towards 40s and VAL.
If we do make moves towards VAL we need to be careful with looking for too much continuation under 50 - 40s unless we can take out VAL and show clear acceptance under it, until then we can spend time balancing around this current Value thats if we get back inside of course which would mean for pushes out of VAH and VAL would find their way back inside eventually.
We could continue to grind higher here to start the week and attempt to push inside the Edge to try and build up there but as mentioned careful looking for continuation unless we get through the Edge top and don't come back in.
SPY/QQQ Plan Your Trade For 10-18 : Tmp-Bottom PatternHappy Friday,
Today's pattern is a Tmp-Bottom pattern for the SPY Cycle Patterns. This pattern usually acts as price attempting to find immediate support in early trading, then moving into a moderate melt-up rally.
After yesterday's big opening gap (higher) on the SPY, I suspect the SPY & QQQ will attempt to rally back to those highs and possibly attempt to break those highs today.
In other words, I believe yesterday's opening price high was a reaction price level where price ran into immediate resistance. After watching price roll downward and now attempt to melt upward in overnight trading, I interpret this move as "failing to continue to establish new lower lows". Thus, price then shifts into a mode of "must attempt to make higher highs".
If my analysis is correct, we'll see the SPY/QQQ melt upward off the Tmp-Bottom pattern and possibly attempt to move up 1.25-1.50%+ today.
Gold and Silver are playing out very nicely - still moving in a solid rally phase.
Bitcoin continues to consolidate sideways. The length of time Bitcoin has consolidated could present a very big breakout or breakdown pattern over the next 2 to 5+ days.
So, be aware that any move away from the #3 & #4 consolidation phase of the Excess Phase Peak pattern could resolve into a very big price move for Bitcoin.
Currently, I suggest the downward price move has a slight advantage - simply because of the failed new highs (price rejection). But, that could change in an instant with a confirmed higher high/higher close.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/ES1! Flagging In Bullish Carryover Trend - Squeeze PosssibleCheck out the APEX FLAGGING formation in the SPY and ES chart; they are aligning perfectly.
If my analysis is correct, the SPY and ES should move into an upward price squeeze after the Flag Apex volatility period (roughly 20+ minutes) is complete.
That means the SPY and ES should move into a more defined upward price trend as we close out the day today - possibly carrying into tomorrow.
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 10-17 : CarryOver In CarryOver ModeGood morning,
Great to see the ES/NQ rallying higher this morning - in perfect alignment with my SPY Cycle Patterns & predictions.
Gold & Silver are also moving slightly higher - but remember My Gold patterns suggest Gold & Silver will consolidate a bit in early trading today.
BTCUSD is a really interesting chart, in my opinion. The multiple Excess Phase Peak patterns are playing into a potentially very large downward price move.
Pay attention to all of the content in this video today because we are moving into the end of this week - which means we need to prepare for the volatility that starts next week.
As I keep suggesting to everyone, trading is about attempting to time the best opportunities for success. Knowing when something may happen that creates an opportunity, setting your risk levels, and going for it.
I wish I could tell you, "Trading is like picking red or black". It's not.
Trader's have to develop almost a 6th sense to be able to see and visualize what is most likely to happen in the future. My tools help me see into the future a bit, but a lot of my analysis comes from within my head.
Anyway, the best way for you to learn these skills is from someone who can mentor you and show you what they are seeing on the chart. Teaching you the skills to improve your own abilities to make better decisions.
That is what I'm doing.
Over time, you will learn to use these techniques to make better decisions and become a better trader (at least that is my objective).
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold