SPY/QQQ Plan Your Trade For 8-23 : Harami Inside Pattern
Today's SPY Cycle Pattern is a Harami-Inside pattern. This suggests the SPY will stay rather muted today - trading sideways and likely staying between 557-560. I believe the SPY will trend upward a bit and try to close near 560.
I don't believe we'll see any big trends today - mostly just sideways consolidation.
Gold will likely attempt to move above $2450 - attempting to regain support above $2535.
Bitcoin will stay somewhat flat - probably below 61.5k as the big move won't happen till next week.
Today may be more of a "go golfing" day.
Literally, the SPY/QQQ/Gold/Bitcoin will probably stay in a very narrow range today - moving into a bigger trend next week.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
I don't believe we'll see any big trends today - mostly just sideways consolidation.
Gold will likely attempt to move above $2450 - attempting to regain support above $2535.
Bitcoin will stay somewhat flat - probably below 61.5k as the big move won't happen till next week.
Today may be more of a "go golfing" day.
Literally, the SPY/QQQ/Gold/Bitcoin will probably stay in a very narrow range today - moving into a bigger trend next week.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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