Here is another video to help you prepare for the next 2+ weeks of trading in the US markets. Using my specialized SPY Cycle Patterns and technical analysis, I still see the markets consolidating in a melt-up type of trending over the next 2+ weeks before moving into a strong rally phase near late June/early July. You can see how my SPY cycle patterns help into...
Did you watch my SPY Cycle Pattern video this morning? Were you aware that today was designated a Harami-Inside type of price action? This type of pattern represents a very narrow, often trendless, trading day. I warned all of you before the market opened that today would be a day to sit back and wait for the market to show us whether it wanted to trend or not....
I put together this video to help traders plan and prepare for the next 30-60+ days - as we move into Q2:2024 earnings and pre-election consolidation. Every week, I spent hours going over my Custom Indexes, proprietary price modeling systems, sector analysis, and more. My goal is to help as many traders as possible prepare for the greatest opportunities of their...
My research suggests the SPY will quickly rally above $560 and continue higher to breach $608 (a 100% Fibonacci measured move) before the end of August. The Q2:2024 earnings data and continued US economic strength will drive capital investments in US equities over the next 3+ months. Traders continue highlighting the risks related to US banking issues and the...
SPY Flag Pattern resolves into a Wash-out low pattern - setting up a very big BULLISH price rally. As long as key support near 524.70 holds, price should expand upward targeting 530-531+ Watch my other TradingVide videos to learn the Mechanics Of Trading. Everything you need to know is in PRICE.
In my opinion today the market shifted from buying to selling. The shift was mostly obvious in DJ30 but I think all will fall heavily this week. Disclaimer: Not a financial advice. Do your own analysis before investing or trading
We beautifuly took out Previous week high 20 points above! not random! Manipulation mapping with Distribution didn't dissapointed. 👁🗨 SMT divergence with ES was also very good confluence to do short-term reversal. Study that as me!
We beautifuly took out Previous week high 20 points above! not random! Manipulation mapping with Distribution didn't dissapointed. 👁🗨 SMT divergence with ES was also very good confluence to do short-term reversal. Study that as me!
YM possible low of the week right know. took out 30 points below old low and tapped H4 BISI and H4 IFVG.
My research continues to support more Bullish trending for the SPY and other US major indexes. I keep seeing others propose a market crash scenario - week after week... after week. I certainly hope you were not following their suggestions too closely - because the SPY has rallied more than 7% from the recent lows. That's a lot of losses piling up for anyone...
I posted a similar video yesterday, but it was taken down because I screwed up the content. So, I'll try to post this video without messing up the content. The US markets (particularly the NAS100 - as shown in this video) will likely continue to move in a strong bullish price trend - even against the multiple divergences and other technical peak/exhaustion...
YM (US30) 4 Hour, Fibs: Traded the first bear fib after the double top and saw it trade past its objective yesterday. The Dow has been one of the weaker indices of late, after outperforming most of the year. It didn't even make it up to the 50% line, selling off at the 38.2% line in the initial down move. Then, yesterday, on the rebound, it traded it's halfway...
Is the last heavy drop coming this year? ... This is my prediction of the US30's next move... Wait... :)
Higher than previous headline CPI inflation indicate lower gold prices and higher USD the Nasdaq future and BTC should be expected to drop for the coming weeks and/or rest of the month.
-See the Chart above for an analysis -Price reaching off of daily/weekly supply -Shorts valid with confirmation -Personally will be trading smaller timeframes but still interesting levels. buy still valid for day-trading/scalping to the upside
Good reasons to go up and to go down. Futures like gap fills, we shall see..
I'll keep this brief. The area on the chart where purple 5 resides best counts as a 3-wave structure. Therefore, in my primary analysis, I am counting this as an irregular b wave that made a slightly higher high and now we should be heading into the 4370 area for our black c wave of 4. I have a purple alternative 5 on the chart because there is a chance of wave...
CBOT_MINI:YM1! A strong decline with the main downward trend knowing that we have demand and supply areas that the market respected and will be very important when it arrives