Today's pattern, and Up-Down-Up in counter-trend mode, suggests the markets will attempt to move downward after the open and attempt to retrace some (or most) of Friday's gain.
I do believe this downward price move is essential for the markets to build a moderate base before attempting to move higher into the march 11-16 topping pattern my research suggests will prompt another breakdown in price.
Ultimately, these moves up and down over the past 30+ days are establishing a sideways (mega-phone type) price structure that I warned was likely to happen more than 90+ days ago (back in December 2024).
What we are seeing right now is a rolling of price while uncertainty continues to drive capital away from technology, semis and innovation - moving into safety and security.
This will continue until July or August 2025, then capital will suddenly shift back into risk-ON in my opinion.
By the time everyone thinks the markets are breaking downward (crashing), that is when I think the markets will make a sudden shift toward growth and innovation as the US resumes a growth phase in late 2025 (carrying into 2026).
Currently, we are in a minor little "pause/rally" phase after the last bout of selling. This rally will likely end sometime after March 11 - leading to a breakdown in price starting between 3-14 and 3-17.
This is a trader's market.
Gold/Silver appear to have found a footing and seem to be bouncing. We'll see if Gold/Silver move above critical resistance and continue to rally higher.
BTCUSD has rebounded back to support/resistance, but has also moved into a new DUAL Excess Phase Peak pattern that suggests increased price volatility for Bitcoin. I still believe we are moving into a very side-range consolidation pattern for Bitcoin.
I suggest staying fairly cautious today and setting up some trades for the pause/rally I expect to carry through this week for the SPY/QQQ. No need to get too greedy on a Monday.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
I do believe this downward price move is essential for the markets to build a moderate base before attempting to move higher into the march 11-16 topping pattern my research suggests will prompt another breakdown in price.
Ultimately, these moves up and down over the past 30+ days are establishing a sideways (mega-phone type) price structure that I warned was likely to happen more than 90+ days ago (back in December 2024).
What we are seeing right now is a rolling of price while uncertainty continues to drive capital away from technology, semis and innovation - moving into safety and security.
This will continue until July or August 2025, then capital will suddenly shift back into risk-ON in my opinion.
By the time everyone thinks the markets are breaking downward (crashing), that is when I think the markets will make a sudden shift toward growth and innovation as the US resumes a growth phase in late 2025 (carrying into 2026).
Currently, we are in a minor little "pause/rally" phase after the last bout of selling. This rally will likely end sometime after March 11 - leading to a breakdown in price starting between 3-14 and 3-17.
This is a trader's market.
Gold/Silver appear to have found a footing and seem to be bouncing. We'll see if Gold/Silver move above critical resistance and continue to rally higher.
BTCUSD has rebounded back to support/resistance, but has also moved into a new DUAL Excess Phase Peak pattern that suggests increased price volatility for Bitcoin. I still believe we are moving into a very side-range consolidation pattern for Bitcoin.
I suggest staying fairly cautious today and setting up some trades for the pause/rally I expect to carry through this week for the SPY/QQQ. No need to get too greedy on a Monday.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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