Today's pattern suggests the markets may attempt to continue to find support and move into a sideways pullback (upward) price channel.
I believe the markets have reached an exhaustion point that will move the SPY/QQQ slightly upward over the next 5 to 10+ days - reaching a peak near the 3-21 to 3-24 Bottoming pattern.
This bottoming pattern near March 21-24 suggests the markets will move aggressively downward near that time to identify deeper support.
I believe metals will continue to move higher as risks and fear drive assets into safe havens.
Bitcoin should continue to slide a bit higher while moving through the consolidation phase.
Watch today's video to learn more about what I do and how I help traders find the best opportunities.
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#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
I believe the markets have reached an exhaustion point that will move the SPY/QQQ slightly upward over the next 5 to 10+ days - reaching a peak near the 3-21 to 3-24 Bottoming pattern.
This bottoming pattern near March 21-24 suggests the markets will move aggressively downward near that time to identify deeper support.
I believe metals will continue to move higher as risks and fear drive assets into safe havens.
Bitcoin should continue to slide a bit higher while moving through the consolidation phase.
Watch today's video to learn more about what I do and how I help traders find the best opportunities.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
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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.