SPY/QQQ Plan Your Trade EOD Review : POP PatternToday's pattern played out perfectly.
I'm really amazed that the SPY rallied up to my resistance level ($520-525) and stalled/bottomed exactly near my $480 support.
Absolutely PERFECT reflection of the data I presented this morning and from my research over the weekend.
Now, if my analysis is correct, we move into a sideways consolidation pattern for the next 3+ weeks where price will attempt to establish a range (moving slightly downward in trend) before we get to the late-June breakdown (setting up the July 2025 low), then another big breakdown in October 2025.
I can't tell you how pleased I am with the comments and messages I get every day. Some of you are KILLING IT and I'm so happy to be able to help.
Remember, we are all trying to find the best way to profit from these market trends. So remember to share your success with others and let them know how to find the best tools for trading (on TradingView).
Now, let's get busy trying to get ready for the next phase of this market trend (which will come in June).
I'll keep you updated.
Get some.
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ETF market
QQQ - The Time Is NowApril is wild. So take a deep breath and ... relax.
Because for traders with a longer-term investment horizon, now may be THE time to buy.
A look at the QQQ in the big picture shows that extremely strong bullish divergences have built up in the cumulative volume delta.
Yes, the crash was fast and violent. But, as we know: Fast is fake.
It can therefore be assumed that the QQQ will recover relatively soon.
Times may remain exciting for day traders, but investors on the hunt for bargains will be happy about perfect entry prices.
QQQ Major Trend BreakThe uptrend from the 2022 low has finally been broken and we also have a shorter term bear flag that has developed since the break as well. I'd consider this a very significant break that will likely lead to a move down to $405. We may see some relief there, but I expect that to break eventually as well which should lead to a full retracement back down to the 2022 lows.
It is starting...
From Keynes to Adam Smith: SPY & TLT React to Policy Crossroads
NASDAQ:TLT and AMEX:SPY have experienced significant declines at the open today , with the latter signaling a market shift away from a Keynesian economy—dependent on government spending that favors a handful of well-connected corporations—toward an Adam Smith-inspired liberal economy guided by the invisible hand. Could this transition, amid all the talk of tariffs, potentially drive inflation? The future direction of NASDAQ:TLT will hinge on how these new policies are implemented, particularly given that $2.2 trillion from the Fed’s 2020–2022 quantitative easing still lingers in the system. Pushing for interest rate cuts at this stage would certainly be a hasty move. Today’s rejection of technical resistance at $94.86 speaks volumes
TLT - Monthly Targets (Long Term)Markets are currently tight squeezing due to Trumps terrifs etc, something has to give in, based on this chart:
- TLT has found a bid at .963 Fibonacci level @ $82.42 (EXTREME RETRACE)
- Dec 2, 2024 = the 369 ratio in time for $82.42 (time & price 📐)
NEXT TARGET PROJECTION IS 50% OF THE MAX TARGET ANGLE = ($121)
(BETWEEN 2025 - 2029)
MAX TARGET = $183 - $212
(BETWEEN 2025 - 2034)
We have 3 reasons to here
1. There is a megaphone pattern almost finished (A).
2. A broadening wedge is forming at a high level (B).
3. Another broadening wedge is nearing completion (C).
So, what I think is that Trump will announce something interesting to end the commercial conflict with everyone.
We will see a market recovery period and a new high.
Right now it looks bad, but it's not too bad.
$DIA Historic Drawdown Week in Review A historic drawdown week with unprecedented tariffs not seen since right before the great depression.
We broke many supports and are looking for Support
Stay Tuned - Today's Trading Range is coming out.
Don't rush into a trader just to trade - But also, if you see a great opportunity take it.
SPY at the Edge! Will Buyers Step Up or Is More Blood Ahead?🔥 🚨
Market Structure Insight
SPY is currently in a sharp descending channel, respecting both the upper and lower trendlines. After a clean Break of Structure (BOS) at 546.97 and a failed CHoCH attempt, the price accelerated downward and is now hovering just above a key psychological round level near $500.
The most recent BOS confirms a bearish continuation, but the current price is sitting at the bottom of the channel, where a short-term bounce may occur if momentum slows down. We're in the discount zone—a key area Smart Money often targets for reversals.
Smart Money & Technical Zones
* Resistance zone: $546.97 (last BOS area)
* Support zone: $502.19 (recent swing low)
* Channel bounds: Top near $550–560, Bottom near $500
MACD is starting to curve upward while Stoch RSI is lifting from the oversold zone — potential signs of a short-term relief rally. However, there’s no CHoCH yet to confirm a structural reversal.
GEX & Options Sentiment Breakdown
* IV Rank: 121.8 → Elevated implied volatility, prime for option premium selling.
* IVx avg: 53.1 → Still rising, shows fear entering the market.
* PUTS Dominate: 84.7% of options flow are puts.
* GEX Bias: Strong negative gamma exposure, indicating dealer selling accelerates downside moves.
* Key Support Walls:
* $520: Highest negative NETGEX / Put Support.
* $500: Second Put Wall with -76.41% pressure.
* Resistance Walls:
* $547: HVL and minor call resistance.
* $560: 3rd CALL Wall, minimal resistance at 1.26%.
Dealers are heavily short gamma, suggesting large directional swings and continued volatility.
Trade Setups
Scenario 1 – Dead Cat Bounce (Bullish Relief Rally)
* Entry: Above $510 with confirmation of strong volume or CHoCH.
* Target 1: $520 (first structural test).
* Target 2: $546–$551 HVL rejection zone.
* Stop Loss: Below $502
Scenario 2 – Bearish Continuation
* Entry: Rejection at $510–$520 zone or breakdown of $502
* Target 1: $495 psychological level
* Target 2: $485–$475 (overshoot flush level)
* Stop Loss: Above $522
Investor Strategy Insight
Long-term investors should remain cautious until SPY shows structural strength above $546. Until then, dollar-cost-averaging with tight capital allocation could be safer. This environment favors option sellers due to elevated IV, or high-conviction intraday scalping on well-defined levels.
Outlook & Mindset
This week is dominated by uncertainty—rising global tariffs, geopolitical risk, and credit tightening all weigh on risk-on sentiment. SPY may enter a volatile range-bound phase between $500–$550, until new macro data shifts sentiment.
If you’re trading SPY this week, don’t try to catch the knife. Wait for confirmation candles or volume shifts, and be nimble with risk.
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk responsibly.
$IWM Recap of Historic Drawdown WeekA historic week with unprecedented tariffs not seen since right before the great depression.
We broke many supports and are looking for Support
Stay Tuned - Today's Trading Range is coming out.
Don't rush into a trader just to trade - But also, if you see a great opportunity take it.
$QQQ Recap of Last Week Historic DrawdownA historic week with unprecedented tariffs not seen since right before the great depression.
NASDAQ:QQQ We broke many supports and are looking for Support
Stay Tuned - Today's Trading Range is coming out.
Don't rush into a trader just to trade - But also, if you see a great opportunity take it.
SPY/QQQ Plan Your Trade For 4-7 : POP In Counter Trend ModeToday's POP pattern in Counter Trend mode suggests the markets will find support and attempt to POP upward a bit.
I expect the SPY to attempt to reach levels above 505 today. Possibly trying to peak near 510.
The same thing will happen with the QQQ - a potential rally (POP) higher targeting the 420-425 level.
Watch this video TWICE if you really want to understand what is taking place in the markets right now.
The tariff issue will settle over the next 15+ days. The SPY/QQQ are moving into the EPP Consolidation Phase (just like I've been telling you for months now).
BTCUSD is moving into a BREAKDOWN phase and will likely target $63k over the next 30+ days.
Gold and Silver reacted to the breakdown of the SPY/QQQ as they always do - PANIC SELLING.
Now that the panic selling pressure appears to be subsiding, Gold and Silver should build a base and begin an explosive move higher - targeting $4200-4500 for gold and targeting $41-44 for silver.
We live in exciting times and I still believe the US markets will DOUBLE or TRIPLE over the next 5-10+ years.
Get Some.
YINN Massive drop, hold! Today’s drop on AMEX:YINN was brutal — no sugarcoating it. But in every downturn lies opportunity. This isn’t the first time we’ve seen this kind of volatility, and it won’t be the last.
Why I’m holding:
Long-term China exposure still holds strategic value.
🌱 Patience = Power
If you believed in the long thesis yesterday, a dip doesn’t change the fundamentals overnight. The storm may be rough, but clear skies follow.
✊ Not financial advice, just conviction. Let’s ride this out.
Spy Bear Market Territory Spy need's To Hold $482 Or Its even lower as go as low as $474ish..... I would like to see us hold $482 to possibly take the long to $495, Theoretically speaking if we actually open up Monday in this range that's exactly what i would be looking for call etc..... But because the market is so volatile i most likely wait a whole hour to decide when and where to take my position, But other than that if we hold $482ish i would long short term day trades ext if lower than $482 I'm short.... AS always good luck and safe trades traders
QQQ Crashes to Demand Zone! Market on Edge After Tariff Shock🔻 Market Context
The Nasdaq-100 ETF (QQQ) took a severe hit after Trump’s proposed tariffs rattled the broader market. Investors fled risk-on assets, dragging tech-heavy indexes into a sharp sell-off. This capitulation-type flush aligns with the "risk-off" tone the options market has hinted at for days.
Technical Analysis (1H + SMC)
QQQ broke structure decisively (BOS) and formed a bearish flag within a descending channel. Current price is hovering near the $420 support—this level acted as a major BOS zone, and we’re now testing it again from above.
The Smart Money Concepts (SMC) show multiple CHOCHs failing to reclaim higher liquidity zones around $475–$480, marking this area as a strong distribution zone. MACD and Stoch RSI are near oversold levels, showing momentum exhaustion, but no clear bullish divergence yet.
A small consolidation box is forming just above the demand zone. If this zone holds, a short-term relief bounce to retest $440–$448 could be in play. However, a breakdown below $419 would trigger further downside into the $405–$400 region.
GEX-Based Options Sentiment (1H)
* Highest Negative NET GEX / PUT Support is currently at $420, aligning perfectly with our price action floor.
* GEX10 at $434 and GEX9 at $440–443 form resistance blocks for any short-term bounce.
* The HVL at $475 (04/07 expiration) remains a major gamma magnet only if bulls reclaim $450+ levels.
From a flow standpoint:
* IVR: 101.8 – Options are relatively expensive.
* IVx Avg: 56.7% – Increasing volatility confirms fear.
* PUT$: 23.5% dominance – Bearish pressure is heavy.
* GEX is deep in the bearish zone, with multiple red markers suggesting downside continuation risk is still high.
Scenarios to Watch
Bullish Scenario
* Price holds $420 and forms a higher low.
* Breakout above $440 opens door to $457 → $475 zone.
* Risk-on confirmation if we reclaim $457 with strong volume.
Bearish Scenario
* Breakdown below $420 = major flush trigger.
* Price could cascade to $405–$400 near previous fair value gaps.
* Put support levels are likely to absorb some of the sell-off, but sentiment is fragile.
Final Thoughts
This is a high-volatility week. Institutions are hedging heavily. Don’t fight the trend—watch for clear reclaim above $440 to go long. Otherwise, trade level to level and protect your capital.
QQQ is not yet safe for investment—wait for reclaim above $457 and improving options sentiment before considering entries. For traders, short-term scalps off $420 with tight risk management are in play, but be prepared for violent swings.
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.