Well, it seems everyone did quite well playing my prediction of a breakdown (again) in the markets today. Last week, I continued to warn the markets were very fragile and would likely break downward aggressively.
Of course, the political drama (tariffs) helped to move the markets a bit this weekend. But, still, it was great to hear from everyone who made a healthy profit today.
GET SOME.
I also have been getting questions about the RALLY - RALLY - (counter-trend) RALLY setting up on Tuesday, Wednesday, and Thursday this week. So, I created this video to help you understand why I believe those RALLY days will be rather muted on Wednesday/Thursday and maybe a type of topping pattern on Tuesday.
I see the markets as breaking downward (breaking away from the dual Excess Phase Peak patterns), and because of that, I see the markets should attempt to move aggressively downward over the next 15+ days. I don't see any reason for the markets to mount a big rally right now - unless we are talking about a pullback in a downtrend.
So, watch this video, pay attention to what I see, and then we'll see how things play out.
Go GET SOME. This is a true trader's market.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Of course, the political drama (tariffs) helped to move the markets a bit this weekend. But, still, it was great to hear from everyone who made a healthy profit today.
GET SOME.
I also have been getting questions about the RALLY - RALLY - (counter-trend) RALLY setting up on Tuesday, Wednesday, and Thursday this week. So, I created this video to help you understand why I believe those RALLY days will be rather muted on Wednesday/Thursday and maybe a type of topping pattern on Tuesday.
I see the markets as breaking downward (breaking away from the dual Excess Phase Peak patterns), and because of that, I see the markets should attempt to move aggressively downward over the next 15+ days. I don't see any reason for the markets to mount a big rally right now - unless we are talking about a pullback in a downtrend.
So, watch this video, pay attention to what I see, and then we'll see how things play out.
Go GET SOME. This is a true trader's market.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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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.