BitcoinLong
SPY/QQQ Plan Your Trade 8-20 Update : No Bozu Yet
Price needs to make a move if we are going to see a Bozu Trending bar today.
The levels I drew in the morning video were perfect (so far). We have seen the SPY do nothing most of the day and that means price is likely shifting away from trending - into Flagging.
My expectations are for price to attempt to setup a high/low range over the next 2~3 trading days, then move into a consolidated/sideways flagging formation.
This is a great time to prepare for the next big move (next week) and to try to plan your trades around this Flag/Base type of formation before the Vortex Rally sends the SPY higher.
This video covers SPY, Gold, BTCUSD.
Get some..
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
The levels I drew in the morning video were perfect (so far). We have seen the SPY do nothing most of the day and that means price is likely shifting away from trending - into Flagging.
My expectations are for price to attempt to setup a high/low range over the next 2~3 trading days, then move into a consolidated/sideways flagging formation.
This is a great time to prepare for the next big move (next week) and to try to plan your trades around this Flag/Base type of formation before the Vortex Rally sends the SPY higher.
This video covers SPY, Gold, BTCUSD.
Get some..
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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-- Special TradingView Tools
-- Automated Trading Systems
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-- More..
Join Ment.Com Expert Growth Today
Get Some.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.