SPY Cycle Patterns For Thanksgiving Week - Sideways Melt-Up
Here you go. This week I expect the markets to melt upward with a couple of bottom/momentum bottom patterns as well as holiday trading liquidity.
This week may see some volatile price swings, but overall I believe the US markets will continue to melt upward.
As we near the end of the year, I expect some traders to try to pull out of positions (anchoring in tax losses) and repositioning early in 2023.
Enjoy your holidays with family/friends.
Follow my research if you are looking for more detailed analysis of the US/Global markets.
This week may see some volatile price swings, but overall I believe the US markets will continue to melt upward.
As we near the end of the year, I expect some traders to try to pull out of positions (anchoring in tax losses) and repositioning early in 2023.
Enjoy your holidays with family/friends.
Follow my research if you are looking for more detailed analysis of the US/Global markets.
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