Good afternoon everyone, I've been running around taking care of my father the last few days - but these big price rotations have been very exciting. Can you believe how accurate my SPY Cycle Patterns have been over the past 3+ weeks? I'm getting comments from people calling me the GOAT and saying how "galactic" my analysis has been to help their...
Everyone has been messaging me this morning... And I expect that to happen, especially on a day like today. First, most people are asking me if I changed my expectations related to the counter-trend CRUSH pattern. The answer is NO - I don't usually alter my analysis. If the pattern does not do what I expect, I'm usually just sitting on the sidelines waiting for...
Please be very cautious with today's Major CRUSH pattern. These are usually very big-range price bars, and they can be very dangerous if you are caught on the wrong side of a trend. I suggest trading with only 25~50% of your normal capital if you are unsure how you want to trade. This CRUSH pattern will likely result in a larger open~close range than...
Good morning everyone, Today's big Major CRUSH pattern in a counter-trend mode should be very exciting. I'm expecting the price to attempt to rally upward to fill yesterday's big opening price gap. But stay cautious of potential volatility related to today's open. Yesterday's big price rotation (and GAP) showed us that Volatility has been here all the...
Please watch this video as we see the markets move into a Counter-trend Major CRUSH tomorrow. We may see a very large reversion in price (upward) tomorrow. I'm looking for price to reject recent lows and move higher. Then, I'm expecting price to reject recent highs (from 7-16) and move downward tomorrow. After that big rotation, I believe the price will move...
I created this short video to help you understand we are still cautious of a continued breakdown in price - retesting deeper support. The breakdown pattern I suggested would happen based on my SPY Cycle Patterns played out perfectly this morning. I expect a type of "V" shaped bottom/base to be set up, but I believe the SPY/QQQ may continue to push downward -...
I'm going to keep this short and simple this morning. Yesterday, I shared about 3~4 videos related to my SPY Cycle Patterns and how the markets were setting up for this Possible Breakdown (or as I called it, the Exhaustion Breakdown) pattern. I even took some extra time to share a late video last night trying to prepare traders for what is/was about to unfold...
As part of my Plan Your Trade video series, I wanted to share some additional information on how I balance my expectations for price swings/moves with what's changing in the current market environment. Initially, I draw my expectations based on what I see on the chart and how I interpret the SPY Cycle Patterns. From there, I watch the custom index charts I use to...
Good afternoon everyone, As I created this video, the SPY was stalling above $562, with lagging bullish price momentum. In this video, I explain why the SPY & QQQ are not selling downward very hard (yet). I also explain why I believe the downward price trend (consolidation/correction) I believe will happen over the next 4+ trading days will only be a -0.75% to...
Good morning everyone, Today's video should be an important warning to prepare for prices to move into a tight, consolidated, FLAGGING type of trend. Remember, you'll hear me say price either FLAGS or TRENDS—that's it. If you understand these FLAGS are price constructs that present mechanical price structures, we can then use them to analyze future price...
This mid-day update to my SPY Plan Your Trade video series was probably needed as I'm getting many questions about what I think is happening today. In short, we saw a bit of a rally early in trading, followed by a moderate pullback. Yes, today's Exhaustion Rally pattern has not shown up yet. But as we learned last week, the price can respond a bit delayed when...
Good morning everyone, This new Plan Your Trade video will illustrate why I believe the SPY may target 568~570+ highs over the next two days before rolling downward into a moderate downward/consolidation phase. If you've been following my videos/research, you already know I believe the markets are setting up for another LEG HIGHER. But, first they need to roll...
Happy Sunday. Last week, I updated my SPY Cycle Pattern predictions, highlighting what I expected to happen over the next 15+ trading days. Even though it is almost impossible to accurately predict future price trends, ranges, and Daily close levels, I think I've done a pretty good job setting accurate expectations over the past 15+ trading days with my SPY Cycle...
Today's Carryover pattern should be very interesting. Do we carry over the deep selling pressure from yesterday or do we reject the downward price trend and revert back to the previous bullish trending. I expect a reversion back to the bullish trending setting up today. If the overnight price action were to continue downward today, the emotional selling pressure...
What can I say about today? It was also an emotional response to the CPI data falling in line with expectations. How did this happen? The way I interpret this data, traders were literally gutted that the CPI number didn't come in hot. They wanted a hot number so the Fed may be pressured into making a move on rates. I guess traders don't understand that we need...
Here is an update to my Plan Your Trade content for today. Watch the price channels. Price will become very aggressive in the Breaking pattern today. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Well, what a crazy day. Did you guys see that momentum rally carry into today's Gap Up/High pattern? Boy, sure would have hated trying to short this market trend and watching my account collapse. This video shows you why I believe the momentum behind this move may carry into and through the big data hitting tomorrow. We may see a very strong rally tomorrow...
Today's Gap Up/Higher pattern in Trend mode may provide a strong price rally attempt after yesterday's somewhat non-existent Momentum Rally pattern. I believe the lack of price movement yesterday resulted from markets waiting for Powell's comments and not wanting to get too far ahead of themselves. Today, I believe the markets will resume trending to support the...