BradMatheny

Cycle Pattern - Tomorrows Momentum Rally Pattern

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
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 picture of what to expect and potential trend.

Reading all this data as a story or narrative provides us a very innovative way to address allocation levels, risks/opportunities and trends.

Given the market volatility and trending, I would still suggest addressing any potential momentum rally with some caution. Trade smaller amounts and look to pull away from position before the close of trading on Friday.

Follow my research.

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