SPY/QQQ Plan Your Trade Update For 8-12: Vortex Base Building

This is a quick update suggesting that the upward momentum in the US markets appears to be fairly strong. But I urge my followers to stay cautious.

The markets are not "cleared for lift-off" yet. We still have numerous Fibonacci resistance levels to break, and we could see the markets move into a broad sideways FLAG formation or break downward again to establish a deeper low.

Within this video, I share what I believe is essential for the markets to move into a confirmed "lift-off" mode.

Please be patient. If we stay patient and protect capital, there will be many opportunities for big swing trades.

Get some.

#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Chart PatternsESGoldTechnical IndicatorsIWMnasdaqNQQQQSPDR S&P 500 ETF (SPY) tradingTrend Analysisym

Has my research helped you protect and grow your wealth?

Join Ment.Com Expert Growth Today
60-Day Trial, 6-Month Trial, & More.

ment.com
tradetank.com

Follow me on Youtube, TradingView, Others.
Also on:

Related publications

Disclaimer