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BradMatheny
Feb 16, 2023 2:29 PM

2/16 SPY Cycle Patterns, Fib, Flagging - Volatility into a RALLY 

SPDR S&P 500 ETF TRUSTArca

Description

Are you following my SPY Cycle Patterns yet?

If not, here is a list of the SPY Cycle Patterns for this week and beyond...

2/6/2023
2/7/2023 Inside-Breakaway
2/8/2023 Harami-Inside
2/9/2023 CRUSH
2/10/2023 GAP Potential
2/11/2023 GAP Potential
2/12/2023 GAP-Reversal
2/13/2023 Rotation
2/14/2023 Top/Resistance21
2/15/2023 Consol-210
2/16/2023 Inside-Breakaway
2/17/2023 Break-Away
2/18/2023 Carryover
2/19/2023 CRUSH
2/20/2023 Flat-Down
2/21/2023 POP
2/22/2023
2/23/2023 BaseRally301
2/24/2023 Harami-Inside
2/25/2023 CRUSH
2/26/2023 Bottom-004

Why are these so important? Because these SPY Cycle patterns help you understand how to trade intraday price swings and what to expect every day - going out weeks and months in advance of today's trading activity.

See the "BaseRally301" on 2/23 - that means the SPY should attempt to setup a base/bottom within the 48 hours spanning 2/23.

See the 2/25 CRUSH leading to the 2/26 BOTTOM - that means the SPY may be extremely volatile while attempting to setup/confirm the 2/23 bottom

Today and tomorrow are calling for an Inside-Breakaway & a Breakaway. My research suggests we may see a broader downside price trend establishing a Wave-D Flagging setup (near $405) in the SPY before we move into the Rally/Bottom phase near 2/23.

Watch my video and learn how you can use my research to become a better intraday/swing trader.
Comments
ajayx11
hello sir in this video u did not mention spy support rewstiance 400.68 - 418.25....
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