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GOLD-SILVER

SPY/QQQ Plan Your Trade For 3-27-25 : Breakaway PatternToday's Breakaway pattern suggests the markets will continue to melt downward (possibly attempting to fill the Gap from March 24). I strongly believe the SPY/QQQ are completing the "rolling top" pattern I suggested would happen near or after the March 21-24 TOP pattern my deeper cycle research suggested was likely. At this point, things are just starting to line up for a broader market decline while the current EPP pattern plays out as a Breakdown of the EPP Flagging formation (moving into consolidation). Gold and Silver are RIPPING higher. Yes, I do expect a little bit of volatility near these recent highs. But, I also expect metals to continue to rally higher from these levels over the next 10-15+ days. Watch the video. Bitcoin is stalling/topping - just as I suggested it would months ago. Now we see how the market move into this new trending phase and how far this current trend will drive price trends. I believe the SPY/QQQ/Bitcoin will all continue to move downward while Gold/Silver move (RIP) higher on this breakaway move. This is a PERFECT trader's market. 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
AMEX:SPYShort
by BradMatheny
8
GOLD H1 Market Update: Bear Trap / liquidity sweep BUY DIPS📊 Technical Outlook update 🔸Bullish OUTLOOK 🔸3050 USD Resistance Heavy 🔸3000/3040 Trading Range 🔸2990 potential Bear Trap 🔸Price Target BULLS: 3100 USD - 3150 USD 🔸Recommended Strategy: BUY DIPS 2990 📊 Gold Market Summary – This Week 💰Gold Price Surge: Gold prices soared above $3,000, prompting Bank of America to raise its price target. 💸Profit-Taking Pressure: After the surge, mild profit-taking caused a slight price correction. 🛡️Safe-Haven Demand: Gold continues to show strength, supported by safe-haven flows amid economic uncertainty. 📅 Economic Data Impact: U.S. economic data (e.g., 0.9% rise in durable goods orders) is influencing gold prices, pushing them to session highs. 🔄Consolidation with Bullish Outlook: Gold is consolidating but remains bullish due to favorable U.S. dollar performance and Federal Reserve policies. 🌍Geopolitical Tensions: Ongoing Russia-Ukraine conflict and U.S.-Russia tensions continue to support gold’s status as a safe-haven asset. 💎 Summary: Gold remains resilient with strong demand, positive economic indicators, and geopolitical tensions supporting its value, despite minor price corrections.
FX:XAUUSDLong
by ProjectSyndicate
42
SPY/QQQ Plan Your Trade for 3-26-25 : Flat-Down PatternToday's Flat-Down pattern for the SPY/QQQ suggests the markets will consolidate in a sideways channel, generally drifting downward. As I've been warning all of you for the past month+, the market will likely roll over into a topping formation over the next few days, then start an aggressive downward trend targeting $525-535 on the SPY. Today's video covers some details related to my expectations and how traders can prepare for the bigger moves I see pending. Gold and Silver are poised for a potentially BIG BREAKOUT move to the upside. And I still believe Gold/Silver are going to rally another 15-20% within the next 30-45 days. Bitcoin should follow the SPY/QQQ into a "rollover top" type of pattern then shift into a downward price trend over the next few days. Everything is following my predictions/expectations almost perfectly. Now, we try to profit from some of these big moves. Go 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
AMEX:SPYShort
by BradMatheny
12
SPY/QQQ Plan Your Trade For 3-25-25 : Top PatternToday's Top Pattern suggests the SPY/QQQ will find resistance slightly above yesterday's closing price level and attempt to roll over into a bearish price trend. Watch today's video to see which levels I believe will be the top for the SPY & QQQ. I do expect metals to rally over the next 3+ weeks and I'm watching for this morning's bounce to carry onward and upward. Bitcoin should be rolling downward off that FWB:88K top level I predicted months ago. We are moving into a topping phase - so get ready for the markets to attempt to ROLL DOWNWARD over the next 5+ trading days into a deeper low price level. 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
AMEX:SPYLong
by BradMatheny
7
SPY/QQQ Plan Your Trade for 3-24-25 : Bozu Trending PatternToday's Bozu Trending pattern suggests a very aggressive price move is likely. I believe this move will be to the upside after my weekend research suggested we are moving into a "blow-off" topping pattern that will act as a Bull Trap. Overall, I belive the SPY/QQQ have about 2-3 days up upward price trending early this week, then the markets will suddenly roll into a topping pattern and start to aggressively move downward. The next base/bottom of the continued downward price trend sets up in early/mid April. The March 21-24 base/bottom is likely the minor base/bottom we have seen over the past 3-5+ days. I believe the breakdown in the SPY/QQQ late this week and into next week will result in a new lower low - causing the Consolidation phase of this downturn to extend down to the 520-525 level on the SPY. Bitcoin is very close to my $88,000 upper target level (only about $250 off that level). Get ready, BTCUSD should make an aggressive move downward after stalling near the FWB:88K level peak. Gold and Silver are moving into a trending mode. I believe both Gold and Silver will rally this week and into the next few weeks as we expand into the Expansion phase. Buckle up. If my research is correct, we are going to see a BIG ROLLOVER this week. 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
AMEX:SPYLong
by BradMatheny
3
Trading Is Not Gambling: Become A Better Trader Part III'm so thankful the admins at Tradingview selected my first Trading Is Not Gambling video for their Editor's Pick section. What an honor. I put together this video to try to teach all the new followers how to use analysis to try to plan trade actions and to attempt to minimize risks. Within this video, I try to teach you to explore the best opportunities based on strong research/analysis skills and to learn to wait for the best opportunities for profits. Trading is very similar to hunting or trying to hit a baseball... you have to WAIT for the best opportunity, then make a decision on how to execute for the best results. Trust me, if trading was easy, everyone would be making millions and no one would be trying to find the best trade solutions. In my opinion, the best solution is to learn the skills to try to develop the best consistent outcomes. And that is what I'm trying to teach you in this video. I look forward to your comments and suggestions. 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
AMEX:SPYEducation
by BradMatheny
9
SPY/QQQ Plan Your Trade for 3-21-25 : BreakAway PatternToday's Breakaway pattern may show up in the form of an Island Top or break-away to the upside if my analysis is correct. I see the markets stalling over the past few days, potentially setting up a "last breakaway" type of pattern today. I've highlighted how these "last" patterns work where price sets up a peak or trough (in this case a peak) as a last/exhaustion move and how this move can sometimes be very aggressive. I urge traders to stay cautious today as we are moving into a MAJOR REVERSAL weekend. I believe the markets will suddenly change direction next week (early) and will move back into downward trending by March 25-26. Gold and Silver may rally today if the markets move into that Exhaustion Peak pattern. Keep an eye out for Gold/Silver/Bitcoin to potentially rally today and into early next week. Overall, traders should stay very cautious as we move into next week's peak/top/rollover. Don't get too aggressive trying to prepare for the rollover or any potential upside move over the next 3-5+ days. Let the markets show us what and when we need to be aggressive. 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
AMEX:SPYLong
by BradMatheny
1
SPY/QQQ Plan Your Trade For 3-20-25 : Flat-Down PatternToday's SPY Cycle pattern suggests the SPY/QQQ will stay somewhat muted in trading range today. I still believe the SPY/QQQ are in a moderate melt-up type of trend - attempting to reach a peak near the end of this week or early next week (see the patterns for March 24, 25, 26). Even though I believe we are struggling to try to move higher, I do believe any failure of the SPY to move above the 0.382 Fibonacci retracement level would be a technical failure related to the breadth of this pullback. Thus, I believe the markets have at least one more attempt to try to move higher over the next 5+ days before topping and rolling over into a broader downtrend. Gold and Silver moved solidly lower this morning - almost like a Panic type of selling. I believe this is related to the Flat-Down pattern and I believe Gold/Silver will recover fairly quickly. I do believe this is a huge opportunity for Gold/Silver over the next 30+ days. I believe Gold will attempt to move above $3500-3600 before the end of April. BTCUSD rolled higher yesterday by more than $4000 - just like I predicted. Incredible. And, that is another reason why I believe the SPY/QQQ have more room to the upside than we are seeing right now. Remember this is a trader's market. 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
AMEX:SPYLong
by BradMatheny
1
Trading Is Not Gambling : Become A Better Trade Part IOver the last few weeks/months, I've tried to help hundreds of traders learn the difference between trading and gambling. Trading is where you take measured (risk-restricted) attempts to profit from market moves. Gambling is where you let your emotions and GREED overtake your risk management decisions - going to BIG WINS on every trade. I think of gambling in the stock market as a person who continually looks for the big 50% to 150%++ gains on options every day. Someone who will pass up the 20%, 30%, and 40% profits and "let it ride to HERO or ZERO" on most trades. That's not trading. That's flat-out GAMBLING. I'm going to start a new series of training videos to try to help you understand how trading operates and how you need to learn to protect capital while taking strategic opportunities for profits and growth. This is not going to be some dumbed-down example of how to trade. I'm going to try to explain the DOs and DO N'Ts of trading vs. gambling. If you want to be a gambler - then get used to being broke most of the time. I'll work on this video's subsequent parts later today and this week. I hope this helps. At least it is a starting point for what I want to teach all of you. 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
AMEX:SPYEducation
by BradMatheny
27
SPY/QQQ Plan Your Trade For 3-19-25 : Top PatternToday's Top pattern suggests the SPY/QQQ will attempt to rally up to resistance, then form a peak/top in price, and then roll over a bit. After yesterday's fairly consolidated price range, I believe the SPY/QQQ may rally through most of the day and move into the topping pattern near the end of today's trading day. Overall, I believe the markets are still rolling into the Excess Phase Peak consolidation phase and that means traders need to prepare for extreme price volatility. What is interesting is how BTCUSD is trying to rally a bit, but not finding upward momentum. As I stated in today's video, I believe a fairly big move upward, possibly $3000 or more, in BTCUSD could happen between now and the end of this week. This would be a perfect upward price advance into resistance that could correlate with a move h higher in the SPY/QQQ - targeting the upper level of the Consolidation Phase. Gold and Silver have reached a "pause" level. I believe Gold and Silver will only pause for 48 to 96 hours before attempting to break higher. So, metals will still attempt to break higher into late March 2025. 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
BITSTAMP:BTCUSDLong
by BradMatheny
6
SPY/QQQ Plan Your Trade For 3-18-25 : Gap Reversal Counter-TrendFirst off, thank you for all the great comments and feedback. I really love hearing from TradingView subscribers and how my research is helping everyone find success. Just recently, I received some DMs from viewers saying my research has been "dead on" - which is great. One thing is for sure, the big move in Gold/Silver is just getting started. Today's SPY Cycle Pattern is a Gap-Reversal in a Counter Trend mode. The long-term & short-term bias is currently BEARISH - so I believe the GAP Reversal will be to the upside. Meaning, I suggest we start the day with a mild lower GAP - followed by a moderate price reversal in early trading, leading to a continued melt-up type of trend for the SPY/QQQ Gold and Silver are likely to attempt to melt a bit higher into the TOP pattern for today. I believe this is just a temporary resistance level for metals. Bitcoin is struggling to find upward momentum - but I believe BTCUSD still has a $3k-$5k rally left to reach the current Consolidation highs. We'll see if it breaks higher over the next 3-5 days before rolling over into a new downtrend. Again, I really appreciate all of my followers and viewers. I want all of you to learn to see, read, and understand price action more clearly than ever before. That's why I don't use any technical indicators on my chart. I want you to understand PRICE is the ultimate indicator. 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
AMEX:SPYLong
by BradMatheny
SPY/QQQ Plan Your Trade Video for 3-17: GAP PotentialAs we start moving into the Excess Phase Peak pattern consolidation phase, I believe the SPY/QQQ will attempt a moderate rally for about 3-5+ days, then roll into a deep selling mode after March 21-24. I don't believe we have reached a bottom - yet. I do see a lot of people talking about "the bottom is in" and I urge all of you to THINK. What do you believe will be the basis of US and GLOBAL economic growth starting RIGHT NOW? Can you name one thing that will be the driver of economic expansion and activity? I can't either. Thus, I suggest traders prepare for more sideways consolidation range trading over the next 60+ days as hedge assets and currencies attempt to balance risks. BTCUSD, Gold, Silver should all be fairly quiet this week. I'm not expecting any huge price moves this week. I expect the SPY/QQQ & BTCUSD to move a bit higher while Gold and Silver melt upward a bit further. Then, after March 21, I expect bigger volatility and a broad rotation in the SPY/QQQ/Bitcoin where Gold/Silver will start a bigger move higher. 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
AMEX:SPYLong
by BradMatheny
2
GOLD H1 Update: Bullish Outlook BUY DIPS by ProjectSyndicate🏆 Gold Market Highlights (March 2025) 📊 Technical Outlook 🔸Bullish OUTLOOK 🔸Broke out and set new ATH 🔸Strong UPTREND: Sequence of Higher Lows 🔸Recommend to BUY DIPS 2925/2950 USD 🔸Price Target BULLS: 3050 USD - 3100 USD 📈 Historic Milestone Achieved 🏅 Gold Futures Surpass $3,000 🔥 Gold prices hit an all-time high, closing above $3,000 ATH 🚀 Major breakout in the precious metals market! 📊 Analyst Perspectives 🔮 Continued Bullish Sentiment 📉 Both Wall Street & Main Street expect further gains beyond $3,000. 💡 Analysts see upside momentum continuing in the coming weeks. 🌍 Market Dynamics ⚡ Factors Driving the Rally 🌎 Global trade tensions & geopolitical risks pushing investors toward gold. 📌 Safe-haven demand surging amid uncertainty. ⏳ Historical Context 📜 Comparisons to the 1980 Bull Run 🔄 Parallels drawn between the current rally and the historic 1980 surge. ❓ Can gold repeat history and extend its gains even further? 🏦 Global Demand Trends 🇨🇳 China’s Record Gold ETF Inflows 📈 Massive inflows into gold ETFs in China, signaling strong demand. 💰 Jewelry demand expected to stabilize as the economy recovers. 🏦 Investor Behavior 🎯 Increased Attention Amid Uncertainty 🏛️ Investors shifting focus to gold as a hedge against economic instability. 💎 Gold’s safe-haven status reaffirmed, attracting more institutional buyers. 📢 Final Takeaway: 🔹 Gold is shining brighter than ever! 🌟 🔹 Expect volatility, but long-term outlook remains bullish. 💹 🔹 Keep an eye on key resistance & support levels. 🔍
OANDA:XAUUSDLong
by ProjectSyndicate
38
SPY/QQQ Plan Your Trade For 3-14-25: Temp BottomToday's Cycle Pattern is a Temporary Bottom pattern. I suspect the markets may attempt to move a bit lower in early trading before attempting to find a new base/support level. Yesterday's low may prove to be very important depending on what the markets do today. Initially, I thought yesterday's low was the Temporary Bottom pattern (one day early). But, I do believe the markets will continue to be volatile in early trading today and may move downward to retest lows before trying to move higher - setting up the Temporary Bottom pattern. Gold and Silver will likely continue to melt upward unless there is some big news that disrupts the US Dollar's downward slide. I see Gold trying to rally above $3200 very quickly over the next 15+ days. Bitcoin is still consolidating and is currently in a short upward price phase (much like the SPY/QQQ). In fact, the SPY/QQQ and Bitcoin are all in an EPP consolidation phase. So, that means even though we may see a volatile type of price move over the next 15-30+ days, price is ultimately trapped in a consolidated price range and will/should attempt to break downward into the Ultimate Low. Therefore, if we get a moderate pullback/rally phase over the next 5+ trading days, be aware that the rally upward will end near March 21-24 and turn downward very sharply before the end of March (based on my research). You have lots of opportunity if this base sets up for a moderate rally in the SPY/QQQ, but play it cautiously as I don't believe we'll see new ATHs anytime soon. 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
AMEX:SPYLong
by BradMatheny
5
Blood Moon Bottom? Lunar Study on Bitcoin Price Action.In my years as a commodity trader, it crossed my desk multiple times the incredible frequency in which full moons aligned with significant price action sessions amongst precious metals; almost with a degree of precision that is hard to believed if measured too closely. Tonight there will be the first Blood Moon since 2022, which stood out to me on the session that gold set new all time highs and silver showed signs of incredible strength and momentum. I was curious of the rarity of Blood Moons, and upon learning the date of the last occurrence, something stood out to me. I knew it was right around the time that the FTX disaster found a bottom, and a new bull market kicked off in equities on the back of AI exuberance. Then I looked a little closer. They were not just close in proximity, but the last Blood Moon occurred nearly at literal Bitcoin bottoms in the wake of the FTX disaster . Whoa. Okay, certainly there are coincidences out there, and I've seen technical analysis referred to as "astrology for men" enough times to exercise a little restraint on this topic, but I found it fascinating. Will this Blood Moon mark a local low before resumption of bullish momentum? Will equities have marked a bottom too? RSI around both events reached very similar levels too. For those that want to investigate further, check out the 2014 Blood Moons on top of a Bitcoin chart.
BITSTAMP:BTCUSD
by LamboSoup
SPY/QQQ Plan Your Trade EOD Update for 3-13-25What a crazy day. The markets certainly decided to burn the longs almost all day. I got a few messages from traders who continued trying to pick bottoms in this downtrend. FYI, that can be very dangerous. If you are a short-term trader and are trying to pick a base/bottom all day today - you have to have a limit in terms of how much you are willing to risk within a single day. I've seen dozens of traders blow up their accounts in a big, trending market. Please learn from your actions. Develop a STOP POINT related to your trading decisions. There is no reason to continue to try to execute "bounce" trades when the markets are trending as strongly as they are today. This video should help you understand what I see as the potential over the next 5+ days. We are still trying to hold above critical support near the 50% retracement level on the SPY. Everything depends on what happens in DC and how the markets perceive risks. Gold/Silver rallied very strong today. This is FEAR related to risks. If the US government enters a shutdown, Gold and Silver could skyrocket much higher. 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
AMEX:SPYLong
by BradMatheny
SPY/QQQ Plan Your Trade Update For 3-13-25 - Fear Settling InWith the US government only about 39 hours away from a complete SHUT DOWN, I want to warn everyone that metals are doing exactly what they are supposed to do - hedge risks. While the SPY/QQQ are continuing to melt downard. I created this video to show you the Fibonacci Trigger levels on the 60 min SPY chart, which I believe are very important. Pause the video when I show you the proprietary Fibonacci price modeling system and pay attention to the fact that any upward price trend must rally above 563.85 in order to qualify as a new Bullish price trend. That means we need to see a very solid price reversal from recent lows or an intermediate pullback (to the upside) which will set a new lower Bullish Fibonacci trigger level. Overall, the SPY/QQQ are in a MELT DOWN mode and I expect this to last into early next week unless the US government reaches some agreement to extend funding. This is not the time to try to load up on Longs/Calls. The US and global markets are very likely to MELT DOWNWARD over the next 2 to 5+ days if the US government does SHUT DOWN. FYI. Gold and Silver may EXPLODE HIGHER. 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
AMEX:SPYShort
by BradMatheny
3
SPY/QQQ Plan Your Trade For 3-13-25: Carryover PatternToday'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. 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
AMEX:SPYLong
by BradMatheny
4
SPY/QQQ Plan Your Trade for 3-12-25 : Rally111 PatternToday's Rally pattern in Carryover mode may prompt a powerful base/bottom move in the SPY/QQQ. In today's video, I explain in great detail how I read these charts and why the Excess Phase Peak (EPP) patterns are so important. We are moving into the Consolidation Phase of the EPP patterns for the SPY/QQQ. We are already into the Consolidation Phase of an EPP pattern for Bitcoin Gold and Silver are a bit mixed. Yet Silver has already broken above the upper EPP Peak, rallying into a new EPP Peak level. Meanwhile, Gold is still struggling to find momentum for a bullish breakout. While I don't believe the US markets are poised for a big downward price move, today's video shows you what may be likely 4 to 12+ months into the future. So, pay attention to today's video. It clearly illustrates how to use the EPP patterns with Fibonacci and shows you what I believe could happen over the next 6 to 12+ months. If the SPY/I continues to try to rally higher today, it will be interesting. This means we have potentially found our consolidation base and are now moving into a very volatile sideways consolidation phase. 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
AMEX:SPYLong
by BradMatheny
4
SPY/QQQ Plan Your Trade For 3-11-25: BreakAway PatternToday's Breakaway pattern offers a fairly strong potential the SPY/QQQ will attempt to find support today. I know I've been telling everyone the markets should find support and are seeking support for the past 3+ trading days. But, the SPY has recently crossed the 50% Fibonacci pullback level and the QQQ has recently crossed the 61.8% pullback level. These levels will act as moderate support. So, I'm urging traders to patiently wait out the early morning volatility. Today could be incredibly volatile while the markets attempt to hammer out critical support. BTCUSD has moved to consolidation lows and will likely attempt a moderate rally up to consolidation highs. This is another reason I believe the SPY/QQQ are attempting to base/bottom near current lows. Gold and silver have recovered from recent lows very aggressively and are moving into a CRUSH pattern. I believe that the CRUSH pattern will resolve to the upside for metals. At this point, I believe the markets are relatively well exhausted to the downside. But, we must let price be the ultimate dictator of trending and opportunity. Thus, it is essential to let the markets FLUSH OUT this potential base/bottom in early trading today before getting aggressive with any trades. Ultimately, we need to see the markets identify support in this downtrend. If we don't find any support before the end of this week, then we are going to see a very large downward price move that will invalidate many of my expectations, potentially leading to a very large breakdown in US/global markets. Buckle up. The markets are nearing the DO or DIE phase due to how these Excess Phase Peak patterns are playing out. I see support setting up and a base/bottom building. If I'm wrong, we'll see a continued downward price trend. 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
AMEX:SPYLong
by BradMatheny
6
SPY/QQQ Plan Your Trade For 3-10-25: Gap/BreakawayToday's Gap Breakaway pattern suggests the markets will attempt to gap at the open, then move into a breakaway trending phase. Given the downward price trend currently in place, I believe the markets will gap downward, then possibly attempt to move higher as we pause above the 568 (pre-election) support level. Ultimately, I see the markets entering a brief pause/sideways price trend (maybe 2 to 5 days) before rolling downward again into the April 14 and May 2 base/bottom patterns. I see very little support in the markets right now - other than a potential BOUNCE setup this week and into early next week. I'm not suggesting this bounce will be a very big bullish price reversion. My upper levels are still in the 590 to 600 area for the SPY. But I do believe the markets are likely to try to find support near the 565-575 level. Gold and silver will move into a Harami Pattern today (sideways consolidation). I don't expect much related to a big move in metals today. Bitcoin is still consolidating in a very wide range. I expect the next move for Bitcoin to be a bit higher over the next 3-5+ days, so I believe the SPY/QQQ may trend a bit higher for about 3-5 days. Overall, I suggest traders stay very cautious of volatility this week. Obviously, the trend is still bearish and the current EPP phase setups suggests we are consolidating into a sideways channel before moving downward seeking the Ultimate Low patterns. Therefore, any bounce/pause in price will be very short-lived. 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
AMEX:SPYLong
by BradMatheny
4
SPY/QQQ Plan Your Trade For 3-7-24 : Rally PatternAs many of you know, I've been expecting the SPY/QQQ to find support (seeking a base/bottom) for the past 3+ days. The amount of selling has been somewhat extreme. We are currently in a downtrend. So, my expectation of a base/bottom is related to the breakdown of the Excess Phase Peak pattern and the previous support levels (pre-election and recent lows) that suggest price will attempt to hold/base/bottom near recent support. As of yesterday's close, price had broken downward, still within the support range. So, again, I urge caution as I believe price will be very volatile while attempting "hammer out a base/bottom" (if it happens). Overall, my bias is to the downside because of the current trend. Yet, The RALLY pattern today suggests we may see a recovery above 577 on the SPY which may lead to a rally targeting 580+. Gold and Silver are holding up well and should setup a base/bottom today on the Counter-Trend Top/Resistance Pattern. I don't expect Gold and Silver to rally very strong today. I expect more of a melt-up in trend for metals. Bitcoin is still consolidating and moving into a very tight Flag Apex range. As I pointed out in today's video, a shorter-term Flag apex will be reached on Sunday (3-9). I believe Bitcoin will become very volatile over the next 3+ days - attempting to break away from a GETTEX:13K consolidation range. This apex volatility could drive the SPY/QQQ into extreme volatility as well. Unless you are very skilled at targeting short-term price swings - stay very cautious of this volatility as it could end up turning and biting back. It's Friday. I'm planning on watching and only trading when I believe there is a very clear opportunity for profits. I got dinged around (took some lumps yesterday) trying to trade while driving and handling family issues. Lesson learned - don't force it. The markets will settle into a trend next week. So, be prepared to sit and watch if you don't like what you see on the charts today. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
4