Today's Momentum Rally never really showed up. Remember, I've been warning you these SPY cycle patterns are not 100% accurate all the time. They've done a fantastic job of calling the markets correctly over the past 17+ days. But, today, the Momentum Rally never really materialized. As you'll see in this video, I believe the momentum for a bullish price move was...
Today's SPY Cycle Pattern is a Momentum Rally pattern in TREND mode. This suggests price will rally today - possibly targeting $558-559 or higher. The next 2-3 trading days should be very powerful for LONGS. My SPY Cycle Patterns have predicted the past 2+ weeks of price movement and continue to suggest upward price trending until July 15th or so. Then, we move...
I couldn't have predicted today's price trend any better. The SPY Cycle Pattern, Flat-Down pattern, worked out perfectly today. Although I expected a bit more downside price activity earlier in the trading day, the fact that today's price action in the SPY & QQQ is generally FLAT-DOWN is perfect. Remember, this pattern was predicted more than 24 months ago. It...
Back by popular demand - here is the Plan Your Trade video for July 8, 2024. Today, I will highlight my expectations and warn you that no one is able to accurately predict future market trends 100% of the time. I will tell everyone that I can't accurately predict anything related to future price trends/moves. I can use my skills and technology to "estimate" what...
Thanks for all your comments and boosts. Remember, it is almost impossible to predict price range/movement 3~4 weeks in advance accurately - as I'm trying to show you with this video. What I see happening over the next 3+ weeks is a continued rally phase for about five days, then an exhaustion peak sets up (a Last Engulfing pattern), followed by a short (2~4...
Afternoon everyone, As I continue to prepare more research for all of you going further into July, I wanted to share my belief that the SPY/QQQ will retrace shortly. I expect this retracement to happen near 7/15~7/20 and possibly last 1~3 weeks. Price trends don't always go straight up or straight down. That's why you must learn to take advantage of my research...
Good morning, This continued Plan Your Trade video series will continue for a number of week further. I continue to receive wonderful comments from viewers suggesting these videos are really helping them develop better skills and profit from market trends. Remember, these patterns, and my analysis, is not 100% accurate all the time (DISCLAIMER). I do my best to...
Thank you for all the great comments and suggestions. I love the fact that I'm helping so many traders find success with my research. This video is really a recap of this week while we head into the 4th of July holiday and Friday's big Momentum Rally day. Please take some time to review the other videos I have posted on TradingView to learn better techniques and...
Good morning, This continued video series highlights my SPY Cycle Patterns and attempts to teach you how to read these patterns and the price charts to plan your trades throughout the day. Remember, I'm only looking for the best opportunities for trading profits. I plan to avoid any CHOP or sideways price action as it is not my style to scalp in and out of...
Thank you for all your comments, likes, and Boosts recently. It's lovely to see my research helping so many traders. I know some of you have recently been caught on the wrong side of market trends—this happens to the best of us. I've learned to wait out market activity I don't like and try to trade the bigger price swings, like the RALLY patterns yesterday and...
This continued series highlighting my SPY Cycle Patterns continues this week. Today, the Rally pattern is in Trend mode. This usually suggests a powerful potential for a moderately large upward price bar on the SPY chart. Although, this morning, we are seeing a moderately high pre-market price below yesterday's closing price. Does this negate the Rally...
This continuation of my Plan Your Trade video series highlights the potential price rotation we'll see today with the big CRUSH pattern. Next week, I believe, will result in a substantial rally phase throughout the week of July 4th. Today's counter-trend rally pattern will likely result in an early trading rotation, leading to an upward price trend that will...
I am a discretionary trader. This means there are some weeks in the year when I wait and watch what’s going on. From here, there are 3 potentials - 1-We keep ranging here and the stocks keep choppy. In this case, it is waste of premiums. 2-We drop. In this case it is better to wait for lower levels to find attractive setups. 3-We rally. If this happens, I am...
Have you been following my research? Do you remember when I called a major base/bottom on 12-28-2022? Do you remember when I stated, "The capitulation bottom will surprise traders" on 3-20-23? Do you remember when I called for a "Tech-Bump" rally on 3-25-23? Do you remember when I updated that peak potential to $425 on 4-26-23? Do you remember when I stated,...
This continuation of my Plan Your Trade video series highlights the potential price rotation we'll see today with the big CRUSH pattern. Next week, I believe, will result in a substantial rally phase throughout the week of July 4th. Today's big CRUSH pattern will likely result in a fairly deep downward price move in early trading, followed by a period of...
This continuation of my Plan Your Trade video series highlights the potential price rotation we'll see over the next two days, leading to what I believe will be a substantial rally phase throughout the week of July 4th. The next two days will likely represent some huge price swings - first upward, then downward on Friday. These types of price swings are...
This is a correction video representing the Counter-Trend mode of today's BreakAway pattern. I created the first video thinking this was a Trending pattern. Counter-trend patterns tend to reflect a reversal of price direction related to the last 3~5 days price trend. In this video, I go over how I view Counter-Trend patterns vs. Trend/Carryover patterns. Look...
Good Morning. This continued video series highlighting my Proprietary SPY Cycle Patterns is designed to help you understand how to prepare for, and trade expected market trends. The SPY Cycle Patterns are predictive. They represent shapes/trends of future price bars on the SPY that can help traders understand where opportunities may exist for trading. They can...