Soon, gold will outperform silverIn this #gold vs. #silver chart, it looks like #xauusd will bounce soon against #xagusd in short term.
GOLD-SILVER
SPY/QQQ Plan Your Trade EOD Update : Rally ContinuationThis quick update related to my SPY/GOLD cycle patterns, and other research/predictions, is to help you plan and prepare for the pending rally phase in the markets.
Based on my research, the markets will likely pause a bit tomorrow, Wednesday, and move into a basing/bottoming phase - where price will attempt to develop support.
From that support, I see a fairly strong rally taking place on Thursday and lasting into late- Monday/mid-Tuesday next week.
As I have urged traders to stay cautious over the next 15+ days (elections and liquidity issues), this may be a great time to play the last rally phase before the 3-5 day pullback just before the US elections.
Watch this video. Follow my research.
If you are new to what I'm doing, then watch my Plan Your Trade videos for a week or two. See if you like my style of analysis and if it helps you improve your trading.
My objective is to help as many traders as possible. I'm not 100% accurate in my predictions - but I believe my research is uncomparable to others in what I'm capable of presenting/sharing with all of you.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your trade For 10-22: Gap Reversal In Counter-TrendToday's Gap Reversal in Counter Trend mode should resolve as a moderate downward early price trend - possibly transitioning into a base/bottom and turning higher near the end of the trading day today.
Looking at the charts, it appears price is actually leading my SPY Cycle Patterns by about 12+ hours right now. Why?? I don't actually know why - but it appears price is anticipating the cycle patterns a bit early.
Given the heightened sense of concern related to the elections, price may be rolling through stages of liquidity and volatility with only about 15 days to go before the elections.
Either way, as I suggested, this week is going to be tough to trade with the markets moving into a pause phase ahead of the elections. Most traders are trying to position assets away from the markets or are planning on riding things out past the elections right now.
I continue to suggest traders scale back allocation levels this week and next because of the issues related to liquidity in the markets.
Look for the SPY/QQQ to attempt to find a base and try to melt upward near the end of trading today.
Gold & Silver should stay rather muted today.
Bitcoin is consolidating - just as I suggested.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Is Silver About to Rewrite the Rules of the Global Financial GaIn a remarkable twist of market dynamics, silver – long overshadowed by its golden cousin – is positioning itself for what could be its most dramatic transformation in decades. Russia's unprecedented decision to add silver to its central bank reserves has sent shockwaves through the precious metals market, potentially signaling a fundamental shift in how central banks view this dual-purpose metal. This strategic move, combined with a staggering supply deficit of 663 million ounces projected through 2024, suggests we may be witnessing the early stages of a historic price realignment.
The numbers tell a compelling story: a 41% price surge year-to-date, pushing above $33.89 per ounce, with analysts projecting potential moves beyond $40 before year's end. Yet it's not just the price action that's turning heads. The convergence of industrial demand from emerging technologies, particularly in renewable energy and electronics, alongside traditional investment demand, has created a unique supply-demand imbalance. This structural deficit, coupled with major central banks' expected rate cuts in 2024, could catalyze a powerful upward price trajectory.
Perhaps most intriguing is the current gold-silver ratio of 81:1, sitting well above its historical average of 55:1. This disparity, viewed alongside Russia's groundbreaking policy shift, raises a provocative question: Are we witnessing the early signs of a new monetary paradigm where silver reclaims its historical role as a strategic reserve asset? For investors and market observers alike, the unfolding story of silver in 2024 may well represent one of the most compelling opportunities in the precious metals space – a narrative where industrial necessity meets monetary revolution.
XAUUSD Potential breakout to a new ATHXAUUSD has broken and closed above the downward channel, signaling a strong bullish trend. As the price approaches the all-time high (ATH) level, there is potential for a pullback as traders may take profits or reassess positions. However, with the current bullish momentum, the market is likely to continue moving higher, even if a slight pullback occurs. If the price does pull back, looking for rejection signs near key support levels could confirm further upside. The target is the resistance zone at 2698
SPY/QQQ Plan Your Trade For 10-21: Gap Potential PatternToday's pattern suggests an opening price Gap is likely. Given the markets are trading slightly lower this morning, this Gap potential plays very well with my Roadmap trading outline from last week. I highlighted the need to sell out of positions last Friday and look to buy into the Gap Potential pattern today.
If the markets rally off this opening gap pattern, we could see a nice move in the SPY up to 587-588+.
Gold and Silver are rallying again. But be aware today is a TOP pattern for Gold/Silver. That means both Gold & Silver will attempt to identify resistance and move away (lower) from that resistance level.
Bitcoin looks to have moved into the Ultimate Peak level on an intermediate-term Excess Phase Peak pattern. Additionally, the deeper low sets up a longer-term Excess Phase Peak pattern that suggests Bitcoin has entered the Consolidation Phase (#3).
Because of this, I suspect Bitcoin will fall below the FWB:67K level and potentially move into broad consolidation for a minimum of at least 5-6 weeks.
These Consolidation phases in longer-term Excess Phase Peak patterns can be brutal for traders. The volatility of these consolidation phases can present real challenges and last about 50% of the time it took to Flag. Given this information, we may see many weeks of consolidation within a range in Bitcoin - possibly lasting into December 2024.
This will be a tough week for traders. Try to stay aware of the bigger picture and play the rotation headed into next week.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Gold & Silver Ripping Higher. Should You Be Cautious Of A CrashThis video highlights the recent rally in Gold and Silver and covers some basic information related to the risk of a US/Global market crash event.
Take a minute to try to understand why Gold & Silver are rallying away from the Breakaway phase and into the Expansion phase.
This is a huge opportunity for traders if they understand why Gold and Silver are rallying like they are.
This is not a move of Panic and global market contagion. This move is related to metals being extremely undervalued compared to global market risk factors. Metals must appreciate in order to properly reflect the risks related to the global markets.
Gold may rally well above $5500 and Silver may rally well above $65 before the end of 2026. Are you ready for that move?
Pay attention & Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 10-18 : Tmp-Bottom PatternHappy Friday,
Today's pattern is a Tmp-Bottom pattern for the SPY Cycle Patterns. This pattern usually acts as price attempting to find immediate support in early trading, then moving into a moderate melt-up rally.
After yesterday's big opening gap (higher) on the SPY, I suspect the SPY & QQQ will attempt to rally back to those highs and possibly attempt to break those highs today.
In other words, I believe yesterday's opening price high was a reaction price level where price ran into immediate resistance. After watching price roll downward and now attempt to melt upward in overnight trading, I interpret this move as "failing to continue to establish new lower lows". Thus, price then shifts into a mode of "must attempt to make higher highs".
If my analysis is correct, we'll see the SPY/QQQ melt upward off the Tmp-Bottom pattern and possibly attempt to move up 1.25-1.50%+ today.
Gold and Silver are playing out very nicely - still moving in a solid rally phase.
Bitcoin continues to consolidate sideways. The length of time Bitcoin has consolidated could present a very big breakout or breakdown pattern over the next 2 to 5+ days.
So, be aware that any move away from the #3 & #4 consolidation phase of the Excess Phase Peak pattern could resolve into a very big price move for Bitcoin.
Currently, I suggest the downward price move has a slight advantage - simply because of the failed new highs (price rejection). But, that could change in an instant with a confirmed higher high/higher close.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 10-17 : CarryOver In CarryOver ModeGood morning,
Great to see the ES/NQ rallying higher this morning - in perfect alignment with my SPY Cycle Patterns & predictions.
Gold & Silver are also moving slightly higher - but remember My Gold patterns suggest Gold & Silver will consolidate a bit in early trading today.
BTCUSD is a really interesting chart, in my opinion. The multiple Excess Phase Peak patterns are playing into a potentially very large downward price move.
Pay attention to all of the content in this video today because we are moving into the end of this week - which means we need to prepare for the volatility that starts next week.
As I keep suggesting to everyone, trading is about attempting to time the best opportunities for success. Knowing when something may happen that creates an opportunity, setting your risk levels, and going for it.
I wish I could tell you, "Trading is like picking red or black". It's not.
Trader's have to develop almost a 6th sense to be able to see and visualize what is most likely to happen in the future. My tools help me see into the future a bit, but a lot of my analysis comes from within my head.
Anyway, the best way for you to learn these skills is from someone who can mentor you and show you what they are seeing on the chart. Teaching you the skills to improve your own abilities to make better decisions.
That is what I'm doing.
Over time, you will learn to use these techniques to make better decisions and become a better trader (at least that is my objective).
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade: 10-16 UpdateLearn to watch for signs of major market contagion by watching key sectors.
In my opinion, the biggest sectors: Like Transportation, Financials, Gold, and Crude Oil, will lead any major market collapse - often by 7-10+ days.
This videos highlights what I believe most traders need to watch in terms of understanding when/where opportunities are for long trades while attempting to gauge risks related to any type of broad market collapse event.
Spend some time looking over this custom Crash Index and let me know if you see any correlations related to when the SPY/QQQ move more than 7-8% downward in any sudden price moves...
(XLF+IYT+GDX+XOP)/4
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
XAUUSD Potential Up Trend ContinuationWith no high-impact news today, the market is likely to stay in sideways movement until tomorrow. However, sudden developments from the Middle East could introduce volatility, especially for gold. Currently, the market appears choppy, forming a triangle pattern. If the price moves below Friday's low, the triangle may evolve into a bullish flag pattern. Despite the sideways action, the market continues to show bullish signals from both technical and fundamental perspectives. The mid-term target is the resistance zone around 2685
SPY/QQQ Plan Your Trade For 10-16: BreakAway PatternToday's video highlights what I believe may be a shift in market trend - which can happen.
My SPY Cycle Pattern highlight expected price activity/range based on a number of factors: Fibonacci price theory, Gann analysis, Tesla Price Amplitude theory, and more.
Yet, the one thing my SPY Cycle Pattern do not take into consideration is TIME.
Price shifting slightly forward or backward: where price exhibits an activity/range one day before or one day after the Pattern Date has happened before.
I've seen big CRUSH patterns happen +/- one day. I've seen topping/bottoming patterns happen +/- one day.
Possibly, we just experienced the sideways contraction I was expecting for Wednesday of this week happen on Tuesday of this week. This type of "time shift" if not out of the question in terms of how price reacts to external news/data.
What this means is we may be in for a moderate upside melt-up type of rally in the SPY/QQQ over the next 3+ trading days.
Gold & Silver are moving clearly into the Phase #4 of an inverted Excess Phase Peak pattern. If my analysis is correct, Gold and Silver will rally to a new "Ultimate High" throughout this process.
Bitcoin may have already reached the Ultimate High after yesterday's breakout rally phase. We need to watch the $68k level to see if price fails to rally above that level.
The next two weeks of trading should be very interesting for all of us - moving into an election and watching the global markets attempt to adjust for opportunities/risks.
Remember, ultimately, all of your decision-making should focus on three things:
_ Preserving Capital
_ Identifying Opportunities
_ Containing Risks
No matter what happens over the next three+ weeks, there will be time for more trading after the elections and in 2025 and beyond. Trading is a long game - where the #1 priority is to preserve capital while trying to find the best opportunities for profits.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 10-15 : Gap Breakaway PatternToday's pattern suggests the SPY/QQQ will move into a Gap Breakaway type of price trend. I believe this means price will attempt to Gap higher at the open and attempt to move into a moderate rally phase throughout the day.
Remember, we are just starting to move into Q3 earnings data, which will last well into mid-November. On top of that, we have the US elections and other data (external) that may drive market trends.
Near the beginning of this video, I show you some of my ADL (Adaptive Dynamic Learning AI) predictive modeling system outcomes for various symbols on Daily charts. It is important to understand price is the ultimate indicator and we don't want to fight price. We just let price do what it wants to do and try to time the best trading opportunities on the charts.
Given what I believe it currently taking place, I suspect the SPY/QQQ will melt upward over the next 5-7+ trading days - attempting to reach a peak price level near October 24-25.
Metals appear to be in a consolidation channel (downward) and are struggling to break away from that channel. Move metals do break away from that channel - we are going to see an explosive move to the upside. I suspect that could happen later today or tomorrow.
Bitcoin is playing the Excess Phase Peak Pattern perfectly - moving into consolidation and now setting up the #4 (A or B) setup for traders. The next move is going to be explosive - either setting an ultimate high, or breaking downward and returning to recent lows.
Should be some exciting trends for all of us over the next 10+ days.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 10-14 EOD Update - Rally Rally RallyWhat a great day for my followers! I created my Roadmap for all of you, and the markets have started this week doing exactly what I expected regarding the SPY/QQQ and Gold/Silver.
Next, we should see the rally continue in the SPY/QQQ, and Gold/Silver are moving into an Apex Breakaway setup, which could be very explosive to the upside.
Remember, what I do behind the scenes to prepare and understand market conditions is much deeper than what you see in these videos. Every weekend (and most days), I spend quite a bit of time trying to understand what is really taking place beneath the price charts.
That is where I gain a deeper understanding of what to expect and how prices will react to changing market dynamics.
So, if you like what you see in my Plan Your Trade videos - remember there is much more to do this efficiently than what I'm showing you in these Videos.
Also, remember, a Win is a Win. Book it and call it good.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 10-14 : GapUp-Lower In Counter TrendGood morning,
This video highlights what I expect to happen in the SPY/QQQ, Gold/Silver, and Bitcoin over the next 5 to 7+ days.
Remember, I'm using my proprietary modeling systems, SPY/Gold Cycle Patterns, and other research to share a roadmap of expected price action 5- 7+ days into the future.
I don't know anyone else who can do this research accurately and provide such clear trade/entry/exit signals.
This week should be exciting as we'll see multiple opportunities in the SPY/QQQ and Gold/Silver.
Bitcoin is nearing a Phase #4 (consolidation) trigger near recent highs. At this point, traders need to wait for a breakout of the recent range before getting more aggressive with BTCUSD.
Let's get some this week.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 10-11 EOD UpdateOverall, this week has been rock solid. Even though the markets moved downward after the US Treasury auction early this week, the recovery and rally on Thursday and Friday were right on schedule.
Remember, I've highlighted my SPY Cycle Patterns more than three weeks into the future before the beginning of October. Mapping Daily price action like this is impossible for almost anyone.
The idea that I can identify price patterns weeks and months in advance and attempt to identify where and when trade opportunities may exist based on these advanced patterns is of real value.
I'm not waiting for price to move in some formation or setup, I know where price will likely base/bottom, or peak/top, and I know where opportunities should exist for profitable trades days or weeks in advance.
Now, you've seen how these patterns work and how I use other advanced TA techniques to identify real opportunities.
What are you waiting for...
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 10-11 : Inside Breakaway PatternHappy Friday.
Today's Inside Breakaway pattern for the SPY should prompt a solid rally attempt - where the SPY/QQQ should rally higher to close out the week. I'm targeting the 580+ level for the SPY over the next 5+ trading days.
Gold and Silver are moving into a Top-Resistance pattern. This suggests Gold and Silver will rally, form a peak, then roll slightly downward today. I'm still targeting the 2670-2680+ level for Gold as a peak today. Silver will lag, but will likely setup a peak near 32.00.
Bitcoin collapsed, then recovered overnight - forming a very large Deep-V base. Now, this recent recovery is setting up as a Bearish Excess Phase Peak pattern and may likely roll into the Downward Flagging phase.
Be aware, this type fo deep low was the result of a Bullish Excess Phase Peak pattern completing the full 5 phases - ultimately reaching the "ultimate low" with the Deep-V bottom.
This current setup in BTCUSD suggests price will attempt to recover as long as the Deep-V low price is not breached.
Volatility is here. Price ranges will continue to be volatile through and after the US elections.
So be aware that news, data, or other items may cause price to react very violently over the next 2+ months.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Gold & Silver Have Confirmed An Attempt To New ATHsWatch this video to understand how Fibonacci Price Theory suggests Gold & Silver are moving in a bullish price trend - attempting to break recent resistance levels.
I believe Gold and Silver will continue to rally, reflecting global capital risk factors, and break to new ATHs before the end of 2024.
My target for Gold by Dec 31, 2024 is $3030-$3250.
My target for Silver by Dec 31, 2024 is $34.5-$37.50.
Here we go.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 10-10 : Carryover in Carryover ModeToday's cycle pattern suggests the SPY/QQQ price action will be very similar to yesterday's price action. I believe the markets are starting to move away from the basing/bottoming phase and moving back into trending phase.
Thus, I believe the SPY & QQQ will begin a rally up to highs reached before October 20-21, then form a top, and toll downward just before the US elections.
Gold needs to find some support and move higher - away from the 2625 price level. It is critical that Gold stay above 2620 at this stage. if Gold falls below 2620 - there is a very strong chance Gold will move into deeper consolidation and fail to rally above the 2750++ level I expect.
BTCUSD has already reached my lower support zone. I do expect Bitcoin to consolidate a bit near this lower price channel, but the next move is to either revert higher, or breakdown even further. Currently, I suggest waiting 20 to 48 hours with Bitcoin to let price settle on a new trend.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 10-9 : Breakaway In Counter TrendToday's video goes over why I believe today will be somewhat quiet in terms of trending and expectations. As I suggested in the video, today is a good day to trade with only 20-30% position sizes - or to take a day off and go golfing.
I don't expect any big moves today - even though today's pattern is a Breakaway in Counter-trend mode.
I believe the markets will pause today - seeking support/resistance and trying to establish a range for a bigger move on Thursday/Friday.
I hope you guys are learning how to use the Excess Phase Peak patterns more efficiently. They are not easy to learn - especially now that I'm showing both the Ying & Yang side of these patterns.
They happen everywhere and can be very important when making decisions.
Remember, price only does two things: Trends or Flags.
That's it. There is no other type of price action you have to prepare for.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Can SILVER BREAKOUT above 32.50?Silver (along with every other beaten down commodity) exploded on the news of China's stimulus! Unfortunately for silver bugs "somebody" was lying in wait with a mighty big hammer when it poked its head above 32.50.
In a vacuum the fundamentals (supply/demand) are incredibly bullish. However in the macro context of China's housing and economic woes there is a bear case to be made for base and industrial metals. If Copper starts rolling over I expect Silver to follow. Raw cash injections might keep Chinese stocks afloat but I do not believe it alter the reality of the real economy and its effect on commodities.
In addition to the issues with China, the US is at serious risk of a recession. 50 basis point cut has never been bullish. If you take the time to look at the last initial 50 basis point cuts it might curb your enthusiasm. I know... this time "its different"
TECHNICALS:
Silver may retrace to the $30 breakout level.... Great re-entry... if it holds... ( ;
If Silver is able to hold above 32.50 the rally remains intact.
Gold Washout Low/Excess Phase Peak #3 Setup - Get ReadyThis short video highlights why I believe Gold is building a base near $2640 for a big rally move up to $2760++.
Yes, I highlight some concerns in this video.
I expected Gold to move more aggressively to the upside over the last 36 hours, but this is trading. Everything doesn't work out perfectly in all instances.
If you are trading Gold, this video should help you understand what is happening on the price chart and why it is so important for Gold to build a base and move higher from these lows.
If Gold breaks below $2620, all bets are off, and we may see a broader breakdown. But I don't think that is likely to happen with this move.
I still see the $2780 level as the upper target.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 10-8 : Gap Breakaway PatternToday's Gap Breakaway pattern suggests the SPY/QQQ will gap up and rally higher - moving away from yesterday's base/bottom.
Remember, we had two basing and bottoming patterns over the weekend. Although I don't really count weekend patterns as drivers of price trends, I view them as psychological patterns. In other words, they reflect expectations headed into the following week of trading.
So, the basing/bottoming patterns last weekend will likely resolve into a melt up type of trend this week and the gapping/breakaway patterns this week will, as a result, present a strong opportunity to the upside for traders.
Recently, I started drawing the "Roadmap" trade signals on the charts for traders. This is an attempt to make things easier for all of you. Allowing you to see where the opportunities are for Options or Share trades more clearly.
Ideally, if this works for all of us, then I'll be able to map out 4 to 7+ days of price rotation in clear trade triggers for all of us to use.
Now, something interesting I wanted to point out is the SPY has just moved into a #3 phase of an Excess Phase Peak pattern. It is a very small pullback off a high - but it is still a valid Excess Phase Peak pattern.
If price rallies today, as I expect, this rally will invalidate the Excess Phase Peak pattern and put us into a strong rally phase targeting $605 on the SPY.
Gold is getting ready to move into a basing/support zone over the next 18+ hours - then really start to rally higher.
BTCUSD has rolled downward - just as I expected moving into the #3 phase of it's Excess Phase Peak pattern.
Again, if you are not paying attention - I'm picking apart all of these charts very cleanly and the information I present should be helping you see and identify better trade opportunities.
Tell me how I'm doing.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
