That means the SPY should find immediate support (after it appears a big GAP downward reflecting Europe's recession concerns). Here's a little hint: Bitcoin will likely rally along with the SPY/ES and others over the next 7+ days. The strength of the US economy/US Dollar may drive global investors into US assets and safe-havens throughout the end of 2022 -...
Is it really that hard to believe that tomorrow could shift gears and move into a moderate momentum rally after the Fed raised rates 75bp? What I find incredibly interesting about these patterns is how they can paint a very clear picture of the opportunities and shifting market trends. Each day is clearly defined (except for the N/A days). Each day paints a...
I'm starting to think capital will aggressively move into speculative safe-haven assets (gold/silver/platinum/bitcoin) over the next 4+ months as the global markets address Fed, stock market, credit/debt risks. If this is the case, then the $18,975 level becomes a critical line of support. Not that the Fed has fired off its round (rate increase), will capital...
As much as I believe in "Don't Fight The Fed", I'm starting to think the bottom for the US markets (Technology/SPY/QQQ) may be much closer than some people think. My cycle research suggests a 2022.5 cycle pattern (late in the second half of 2022) is highly likely. Have we seen that yet? Maybe. Maybe it is the recent bottom in June 2022 and the change of...
As you know, I have these setup 4+ years out into the future and continue to identify new RARE and UNIQUE patterns as time allows. I'm even up to 5~6 bar setups in some of them. Yet, next week shows a very interesting set of Cycle Patterns... 9-19: Inside/BreakAway 9-20: BreakAway 9-21: Carryover (Possible Reversion) 9-22: Inside/BreakAway 9-23: Momentum...
Today will likely be a carryover of yesterday, setting up tomorrow's TOP pattern. Because of this, I expect a bit of a rally phase today (rebounding off the lower support channel) and possibly attempting to move above 395 if there is substantial buying activity. Yes, the Fed decision is near, but traders are still using the US equities market as a hedge against...
My cycle patterns suggest today is a Reversion/Reversal/Rally day. I know it may seem strange to think that the US market may rally today after the CPI/PPI inflation data and the pending Fed rate increase - but it is what the cycle patterns say it is. Remember, these patterns originate from a date 3+ years ago and just tell me what to expect from price on certain...
Cycle patterns indicated a GAP/TOP for Monday/Tuesday. Then, they indicate a potential reversion/rally for Tuesday/Wednesday. After watching the deep selling related to the CPI numbers, I would not be surprised to see a very strong rally/recovery over the next 48 hours in the SPY and other US Indexes. News-based reactive moves like this are often erased over the...
This weekend, I spent quite a bit of time studying various rare and unique cycle patterns within my database. Because of this new research, I can share with you the new WEEKEND trigger which setup last weekend. I suspect a bullish GAP will setup early this week with price trending substantially downward on Monday. Tuesday should represent another attempt at a...
Pay attention to my research. These cycle patterns are proving very accurate. Stay tuned for more incredible research.
Were you following my research? On August 27, 2022, I predicted Bitcoin would fall to below $18,800 near a critical inflection point (9-6~9-8), then form a quick base and begin an incredible new rally phase up to $35k to $30k. Watching Bitcoin move downward and struggle near the $18,800 level was incredible. I posted a comment that we should see Bitcoin begin a...
Are you ready for trading today? SPY Cycle Patterns for this week. 9-6: Breakdown 9-7: Carryover --> 9-8: Inside-Breakaway 9-9: Breakaway 9-10: Rally Follow my research.
Have you ever seen anything that can attempt to predict price trends 30 to 60+ days in advance? Other than Japanese Candlesticks, and quite possibly Elliot Wave, I've never seen anything have the predictive qualities of my short-term & long-term Cycle Patterns. This is a Daily SPY chart highlighting the cycle patterns that aligned with certain days. As I'm...
My analysis suggests Bitcoin needed to move below the $18.9k level in order to setup a new momentum base - then launch to levels above $25k (possibly targeting $30k or higher). I suggest Bitcoin traders start to look for a base/bottom setup below $18.8 (if possible) as I expect a very big rush to safety taking place over the next 60+ days. I believe this flight...
We've all been watching Gold/Silver - waiting for the next big move. I think we've hit the bottom RIGHT NOW. FEAR is going to build over the end of the year as global market concerns continue to elevate. Gold & Silver should continue to rally higher off this Quintuple-Bottom level - or break downward if the Fed is able to navigate a soft landing. Either way,...
This is a complex chart showing the SPY in a broad spectrum of Advanced Technical Analysis. What you need to understand is this rally has stalled after a "scouting party" attempt to identify support above the long-term CYAN price channel (which also acted as support in early 2021 on the way down). Failure to hold this support level will prompt a very big downside...
The US markets are experiencing a unique capital shift at the moment. Foreign capital is pouring into the US equity markets and driving the US Dollar higher. When this trend shifts - look out below. I'm sending this warning to all traders/investors right now. Even though my research suggests we may see an extended rally phase lasting many years for the US...
Over the past few months/years, I've been working through a new predictive modeling system for long and short-term predictive cycle patterns. I think I've DONE IT. What are Cycle Patterns? They are historically accurate price/technical patterns that map out expected types of price trends in various symbols/sectors. Mostly, I've been working on the SPY &...