SPY/QQQ Plan Your Trade Video For 5-7 : Breakaway In CounterToday's Breakaway In Counter Trend mode suggests the markets will likely attempt to break downward before the end of trading, today. Why do I state the downward trend direction?
Because the LT/ST trends are BULLISH and the general upward price trend in the SPY over the past 5-10+ days.
Counter-trend patterns are typically inverted compared to the general 5-8 day price trend. If we can't clearly identify a 5-8 day price trend, then the counter-trend patterns should be determined based on the ST/LT and BIAS trend information on the SPY Cycle Patterns data window.
Today, being a FOMC comment day, should stay rather muted/sideways in early trading. Normally, on FOMC days, the markets tend to stay paused ahead of the FOMC comments.
I believe the FED will not raise or lower rates - meaning NO CHANGE. I don't believe the US Fed has any reason to be concerned with US economic performance right now.
Gold and Silver should move into a rally phase today - but that will likely come near the end of the day as the FED comments drive the markets.
BTCUSD has moved into an early FLAGGING formation. This could be very interesting as BTCUSD has been leading the SPY/QQQ by about 4-6 trading days over the past few weeks.
If BTCUSD continues to lead the SPY/QQQ - that means the SPY/QQQ would be in the early breakdown phase right now - moving into a FLAGGING formation possibly next week.
Get some.
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Spy!
5600: Bullish Border or Bear Trap?Theta’s Working. Setup’s Lurking.
This market’s behaving like it needs a reboot. We’ve got the classic tag‑n‑turn setup doing a dodgy impression of itself-upper band got touched, but instead of a clean pivot, we’ve now got a bearish pulse bar flashing and a near‑miss on the lower Bollinger Band. It’s like waiting for a bus, getting two at once, and realising they’re both headed to “Confusion Junction.”
So here’s the deal: 5600 is now the cliff edge. Stay above, and we’ve got some bullish life. Drop below, and we’re in breakdown city. If you’re testing the waters today, keep it light. FOMC is on deck, and that alone can whiplash any intraday idea straight off your charts.
Meanwhile, theta quietly does its work in the background, even if price action’s stuck in a tight horizontal fog. And for the more cautious of you yes, we’re experimenting with broken wing butterflies as a way to lean into the system without going full throttle. More on that in today’s Fast Forward call.
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SPX Market View
Let’s break down the weirdness.
We’re in a mechanical tag‑n‑turn, but it’s misbehaving.
Usually, the upper Bollinger Band tap sets off a swift reversal. But this time? We got the tag… and then nothing. Just sideways drift. Until yesterday, that is, when bear pulse bars flickered in, suggesting sellers might finally be stretching their legs.
Now? We’re hovering just shy of a lower Bollinger Band tag, with the bands pinching tighter than a miser’s wallet. This setup is usually the calm before either a surge—or a slip.
Enter the line: 5600.
• Above 5600: bull bias stays alive.
• Below 5600: breakdown setup gets the greenlight.
The GEX crowd seems to be repositioning slightly, but the main range remains intact. Volatility premiums are compressing again, suggesting the real move hasn’t triggered yet.
If you’re risk‑curious but cautious, broken wing butterflys are worth exploring. By placing your risk off-centre, you create room to collect theta while limiting max damage if direction gets wonky. I’ve been testing it in real-time, and I’ll share specifics on today’s mentorship call.
And then, of course, we’ve got the FOMC main session coming up.
If that makes your stomach churn—don’t trade it. Watch it. Tomorrow’s another day. No one gets a prize for being caught on the wrong side of a news candle.
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Expert Insights:
Assuming a tag means turn – the tag-n-turn isn’t magic. Wait for confirmation.
Forcing trades around news events – FOMC days don’t need your capital.
Underestimating sideways risk – no trend doesn’t mean no danger.
Skipping risk-defined plays – BWB’s give breathing room when setups are unclear.
Failing to adjust bias – bullish and bearish both live here—bias must shift with price.
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Rumour Has It…
A mysterious algorithm known only as “TurnTagger X” is reportedly running its own contrarian SPX strategy. It waits for tag-n-turn setups-then does the exact opposite, cackling through your stops. One trader claims it’s powered by caffeine, salt, and old Janet Yellen quotes. Could be hedge fund AI… or just your broker’s cat walking on the keyboard.
This is entirely made-up satire. Probably!
Breaking scoops courtesy of the Financial Nuts Newswire-because who needs sanity?
AI-Powered ETFs Go on Strike
A rogue batch of AI ETFs issued a joint statement this morning refusing to rebalance “until humans stop panic-buying tops.” BlackRock is reportedly negotiating with a mediator chatbot named GaryBot-9000.
Retail Traders Launch ‘NapMap’ App
After months of whipsaw hell, Reddit traders launched NapMap – a tool that identifies the safest hours to sleep through “algorithmic tantrums.” It’s already outperforming the S&P.
CBOE Announces ‘Calm VIX’
The Chicago Board of Exchange revealed its newest product: a “Calm VIX” that tracks how unbothered markets pretend to be. Readings are currently at ‘Zen Master’ despite 4 black swans circling the drain.
This is entirely made-up satire. Probably!
Breaking scoops courtesy of the Financial Nuts Newswire-because who needs sanity?
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Fun Fact
The phrase “broken wing butterfly” comes from aviation-not options. Pilots once used the term to describe asymmetric recovery manoeuvres. Traders later borrowed it to describe strategies with off-centre risk profiles-ideal when you expect range but want room for error.
Bonus trivia: the strategy can be structured for credit or debit, making it one of the few “choose-your-own-adventure” plays in options.
Cartoon metaphor for using broken wing butterflys in volatile markets.
Nightly $SPY / $SPX Scenarios for May 7, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for May 7, 2025 🔮
🌍 Market-Moving News 🌍
🏛️ Fed Decision Day Amid Tariff Pressures
The Federal Reserve concludes its two-day meeting today, with expectations to maintain the benchmark interest rate at 4.25%-4.5%. Despite President Trump's calls for rate cuts, the Fed remains cautious due to inflationary risks from new tariffs and migration policies.
📈 U.S.-China Trade Talks Resume
U.S. stock futures rose overnight on news of upcoming high-level trade talks between the U.S. and China, marking the first discussions since the imposition of 145% tariffs on Chinese goods. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet with senior Chinese officials later this week.
🛢️ Oil Prices Rebound on Demand Hopes
Oil prices climbed as U.S. production declined and demand in Europe and China showed signs of recovery. Brent crude rose 0.6% to $62.52 per barrel, while U.S. West Texas Intermediate increased 0.74% to $59.53 per barrel.
💼 Key Earnings Reports Ahead
Several major companies, including Uber ( NYSE:UBER ), Disney ( NYSE:DIS ), and Novo Nordisk ( NYSE:NVO ), are scheduled to report earnings today. Investors will be watching these reports for insights into corporate performance amid ongoing economic uncertainties.
📊 Key Data Releases 📊
📅 Wednesday, May 7:
2:00 PM ET: Federal Open Market Committee (FOMC) Meeting Announcement
2:30 PM ET: Fed Chair Jerome Powell Press Conference
3:00 PM ET: Consumer Credit Report (March)
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
Swing Pick $13 to $210 per share in less than 2 months$13 Buy in March to $200/share today! 😱
Swing Pick on 14th March to buy NASDAQ:RGC at $13.10 per share
Today's high is $210 per share 🔥
15X in less than 2 months, I wish I was still holding, congrats to those that still are 💸
You can also see posts about NASDAQ:RGC on my trading view from 2 months ago even the one mentioning it at $4 per share
MES1!/ES1! Day Trade Plan for 05/06/2025MES1!/ES1! Day Trade Plan for 05/06/2025
📈 5625 5638 5650
📉 5614 5602 5590
Thanks to all my followers! Truly appreciate the support!
Please like and share for more ES/NQ levels Tues & Thurs 🤓📈📉🎯💰
*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
MNQ1!/NQ1! Day Trade Plan for 05/06/2025MNQ1!/NQ1! Day Trade Plan for 05/06/2025
📈 19840 19900 19965
📉 19779 19717 19655
Thanks to all my followers! Truly appreciate the support!
Please like and share for more ES/NQ levels Tues & Thurs 🤓📈📉🎯💰
*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
SPY Day Trade Plan for 05/06/2025SPY Day Trade Plan for 05/06/2025
📈 560.55 562.50
📉 556.64 554.69
Thanks to all my followers! Truly appreciate the support!
Please like and share for more ES/NQ levels Tues & Thurs 🤓📈📉🎯💰
*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
Looking for One More High So far, our minor B wave price action has not thrown us any curveballs, which is somewhat unusual considering B waves can become very complex. As I get into the micro price action, this pattern would fit better completed with at least one more high.
Nonetheless, I will offer a warning, we are in the target box...if you are long, please use stops, and make sure your position size is risk managed.
Best to all,
Chris
Tesla Grabbing Liquidity Market Context 🚩
1-Month Move: +7.3% (from $261.30)
1-Year Move: +45.6% (from $192.50)
Technicals
RSI: ~68.4 (nearing overbought )
Moving Averages: Above 20-day, 50-day, and 200-day MAs (uptrend, but showing signs of exhaustion )
MACD: Bearish crossover forming (momentum fading, potential pullback )
Trade Setup
Instrument: TSLA ❌
Direction: PUT
Entry Price: $280.21
Take Profit 1 (TP1): $270.00 (~3.6% gain ) 🟢
Take Profit 2 (TP2): $260.00 (~7.2% gain ) 🟢
Expected Move: ~8–10% downward
Best AI Signals on the market.
SPY/QQQ Plan Your Trade For 5-6 : GAP Breakaway patternToday's pattern suggests a morning GAP will take place and price will continue to break away from yesterday's body range.
Given the fact that the markets are already almost 0.8-0.9% lower than yesterday's closing price level, this suggests the markets will continue to trend downward today.
Is this it? Is this the breakdown for May 2-5, seeking the Major Bottom I've talked about for the past 3+ weeks?
We'll find out over the next 5-10+ days.
Ultimately, the EPP patterns have aligned across multiple instruments/symbols to present a very clear opportunity to the downside. Now, we need to watch and wait as the markets should be moving into the early FLAGGING stage of the downward EPP pattern.
After the FLAGGING pattern, we should get the breakdown into consolidation, which is where I believe big profits can be made. That breakdown into the consolidation phase is usually very aggressive and can often be after the FLAGGING range.
Gold and Silver are making a move higher. I suggested this would be the case over the past 5-10+ days - but, boy, was it frustrating to watch Gold and Silver consolidate over the past few weeks.
At this point, I'm looking for Gold to rally above $3500 and for Silver to attempt to rally above $34.00.
Bitcoin seems to be leading the SPY/QQQ (again) and appears to be about 2-3 days ahead of the major US indexes, attempting to move into a downward FLAGGING formation.
This could be very interesting if BTCUSD continues to lead the SPY/QQQ. Meaning, we may be able to rely on the structures/setups in BTCUSD as a 2-3 day early window of that the SPY/QQQ may be doing (for a while). I'm sure it won't continue to align at some point in the future.
Again, I'm getting great comments from followers and subscribers. Thank you.
I'm doing my best to deliver the best research I can within these 15 to 20-min videos.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
May 6, 2025 - Markets Hold Their Breath Before Powell SpeaksHello everyone, it’s May 6, 2025 and markets are once again at the mercy of politics, Powell, and presidential mood swings.
After a 9-day rally, U.S. markets finally took a breather yesterday, with mild profit-taking ahead of the much-anticipated Federal Reserve decision. Investors are caught between two competing visions: Trump’s push for massive rate cuts, insisting inflation is a myth cooked up by bureaucrats, and Powell’s more sober stance acknowledging inflation isn’t dead, the economy is softening, and premature easing could trigger full-blown stagflation.
With Friday’s job report stronger than expected, Powell is expected to hold rates steady, staying cautious while tariffs and growth clouds loom. Markets are pricing in a July cut at best, but uncertainty lingers mostly around what Trump might tweet in reaction to Powell’s speech tomorrow night.
Meanwhile, despite the 90-day tariff moratorium, the trade war narrative hasn’t vanished. NYSE:F suspended its 2025 outlook, citing $1.5 billion in expected tariff costs and four major risks: disrupted supply chains, retaliatory measures, unclear tax policies, and emission rules. NASDAQ:MAT is also hedging its bets shifting production out of China and pausing forecasts, while begging for zero tariffs on toys “for the kids.” Their stocks dropped modestly after hours.
OANDA:XAUUSD surged again to $3,368, as fear and safe-haven demand ticked up. BLACKBULL:WTI rebounded to over $58 following an OPEC statement, helping airline stocks breathe a bit. BINANCE:BTCUSDT continued its meteoric rise, now sitting around $94,400.
On the macro front, inflation data like CPI and PPI are being shrugged off everyone’s waiting to see if Powell plays ball with Trump. There’s hope, too, that all this chaos is just Trump’s way of muscling the world into negotiation especially China and if a “deal” emerges, markets could rip higher. Until then, we’re stuck dancing between uncertainty and hope.
Asia opened strong this morning, led by China’s cautious optimism. Futures point slightly lower in the U.S., and volatility remains king. The Fed could flip the script tomorrow or keep us hanging. Stay buckled in.
Trade Idea: $MSFT Short to $418 and beyond into JuneTriple bearish divergence is evident on Volume, RSI, and Momentum. The 9-count sell signal on the daily chart further supports the likelihood of a sell-off at this point. If the price falls below $425, a swift decline to $418 is anticipated, where the true test of the Fair Value Gap (FVG) below will occur. The Fair Value Gap open is at $392.45. Stop would be above yesterday's high at $439.50 ...
$MSFT BEST TRADE EVER? SUB $400 incoming by Mid JuneHey everybody, I hope that rally didn't kick your arses the way it did mine. You know, it's like I'm allergic to taking upside atm due to how bearish the MACRO is. Of course, with time, I'm going to assume I get most of my downside Price Targets in the next several years.
If you refer to the previous 23% Run to the 200DMA from the 50day in 2023 , NASDAQ:MSFT produced a 9 COUNT SELL SIGNAL , RALLIED for a week, and then dropped to new lows. That is what I am expecting here.
NASDAQ:MSFT looks absolutely ripe for the taking. We just rallied 17% and got the 9 COUNT SELL SIGNAL . Mind you, Gaps galore below. The Monthly and the Weekly both have Gaps . Charts do not like that, let me tell ya. I'm excited if you can't tell. NASDAQ:META and NASDAQ:AVGO look great as well. I'm still cautious about a spike out but I figure if we continue higher, i will have opportunity to grab more for cheaper as I am very confident in this move. The price moved above the DEATH CROSS and above the 200DMA . Not ever a healthy move if it moves Vertically from the 50 day and Crosses above both MA's without a stop. Mid June NASDAQ:MSFT should be at new lows.
SPY/SPX: FOMC. Do we get rate cuts or do we even get a hike?!TA on SPY but I also like playing SPX.
Was seeing this as either a rising wedge, and if play (with FOMC etc.) can touch and retest
551.41 then back move back up to test 562.81 and to out at 567.85 IF market reacts well to FOMC, maybe ATH?
If not, we actually fulfill that rising wedge to 543.54 with a small gap to touch/retest at 534.54
I may sit sidelines until FOMC to catch the move and waves. Always wait for the set up to come to you! One of the rules I try to keep following but I break.
Let me know what you think. Will continue to update as it the week progresses.
Again, do your own DD. Not financial advice.
Nightly $SPY / $SPX Scenarios for May 6, 2025 🔮🔮
🌍 Market-Moving News 🌍
📉 Market Retreats Amid Tariff Concerns
U.S. stock markets declined on May 5, 2025, as investors reacted to potential tariffs and key earnings reports. The S&P 500 dropped 0.6%, and the Nasdaq decreased 0.7%. Notably, Palantir Technologies ( NASDAQ:PLTR ) fell nearly 8% in extended trading despite raising its full-year revenue forecast and exceeding Q1 revenue estimates.
🏛️ Fed Meeting Commences Amid Political Pressure
The Federal Reserve's two-day meeting begins today, with the central bank expected to maintain its benchmark interest rate at 4.25%-4.5%. Despite President Trump's calls for rate cuts, the Fed remains cautious due to inflationary risks from new tariffs and migration policies.
🎬 Entertainment Stocks Under Pressure
Streaming giants Netflix ( NASDAQ:NFLX ) and Disney ( NYSE:DIS ) experienced premarket losses of over 5% and 3%, respectively, following President Trump's proposal of a 100% tariff on foreign-made movies.
🏠 Housing Market Faces Challenges
The U.S. housing market is weakening due to persistent high mortgage rates and economic uncertainty driven by tariff policies. Mortgage rates, currently averaging 6.76%, have deterred both prospective buyers and sellers.
📊 Key Data Releases 📊
📅 Tuesday, May 6:
8:30 AM ET: U.S. International Trade in Goods and Services (March)
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
May 2nd Trade Journal & Stock Market AnalysisEOD accountability report: +598.75
Sleep: 6 hour, Overall health: :thumbsup:
Another great day in the market, Signals worked decent.
Daily Trade recap based on VX Algo System
— 9:40 AM Market Structure flipped bearish on VX Algo X3!
— 11:10 AM VXAlgo ES X1 Sell Signal, (double sell)
— 2:53 PM VXAlgo ES X1 Sell Signal( double sell + x3 sells)
— 3:30 PM Market Structure flipped bearish on VX Algo X3!
Next day plan--> Over 5650 = Bullish, Under 5650 = Bearish
Video Recaps -->https://www.tradingview.com/u/WallSt007/#published-charts
$BA Been Basing About 1 Year – Ready to Break-out?I am already long NYSE:BA since earnings report on April 23 with a full size position. I am looking for this to form a short flat base to allow the 10 (purple) and twenty ema (blue) to catch up. I will be looking to add to my position if that happens and it resumes the uptrend. Since it bottomed out on April 7th it has made about a 45% move. That is why I think my scenario may play out. All TBD.
SPY - support & resistant areas for today May 5 2025These are Support and Resistance lines for today, May 5th, 2025, and will not be valid for the next day. Mark these in your chart by clicking grab this below.
Yellow Lines: Heavily S/R areas, price action will start when closing in on these.
White Lines: Are SL, TP or Mid Level Support and Resistance Areas, these are traded if consolidation take place on them.
Silver Lines: An Area where price action could happen and do work on a choppy day.
ES Futures at a Crossroads: Fed Steady, Market ReadyCME_MINI:ES1!
Recent Market Performance
ES Futures experienced a significant decline of 22.30% from the February 19, 2025 high of 6218.50 to the recent low of 4832 on Monday, April 7th, 2025. This drawdown included a sharp 16.30% sell-off, triggered by the announcement of reciprocal tariffs, marking a decline from the April 2, 2025 high to the April 7th low.
Since forming that low, ES Futures have rebounded impressively—rallying 18.48% into the May 2nd high, retracing well over 50% of the losses. Notably, price action has closely respected Fibonacci retracement levels, as illustrated in the accompanying chart.
Macro Fundamentals
There are several macroeconomic considerations at play:
• Quarterly GDP data appears skewed due to front-loaded imports, evident in the January and February import numbers.
• This week’s March trade balance, imports, and exports data for both the U.S. and China will be crucial. These figures will shed light on how escalating tariff tensions have influenced Q1 business activity.
• The key event this week is the Federal Reserve interest rate decision and FOMC press conference. Of particular interest will be how the Fed’s risk outlook has evolved in light of Trade War 2.0, along with updates to growth and inflation forecasts.
While the Fed is expected to hold rates steady, there are increasing calls from President Trump to cut rates. Although recent soft data has shown signs of deterioration, this has not yet translated into hard data. In fact, April’s Non-Farm Payroll (NFP) report beat expectations, underscoring continued economic resilience.
Key Question: What Comes Next?
Will ES Futures continue to trend higher, reverse lower, or consolidate?
Key Technical Levels
• mCVAL: 5635
• Upper Neutral Zone : 5620 – 5585
• March 2025 Low: 5533.75
• Lower Neutral Zone : 5171.75 – 5150.75
Fibonacci Retracement Levels (2025 High to Low)
• 2025 High: 6218.50
• 0.786 Retracement: 5921.75
• 0.618 Retracement: 5688.75
• 0.5 Level (Mid-Range): 5525.25
• 2025 Low: 4832
Our View
We believe downside risks are currently minimized, barring a new market-moving development—such as a disruptive social media post. Q1 earnings have broadly reflected strength, reducing the probability of further downside in the near term.
Given the current backdrop:
• Positive news could act as a catalyst for higher prices.
• In the absence of significant newsflow, we expect consolidation, followed by a potential resumption of the upward trend.
Scenario 1
A pullback to either the blue support zone near the 0.618 Fibonacci retracement confluence, or a deeper pullback towards the confluence of the 2025 mid-range and March 2025 lows, followed by a continuation higher.
Scenario 2
Seasonality supports consolidation. Historical index behavior at this time of year further aligns with the potential for sideways movement before the next leg higher.