First, I got up a bit late this morning. Been pushing really hard over the last few weeks. I guess I needed the rest. Next, this video is very important for ALL TRADERS. I want all of you to learn the proper skills to manage your trading, risk controls, and emotional aspects of trading, and really learn the skills to MAKE YOUR OWN DECISIONS. I know you may...
Today's POP pattern, which I suggested would present a very solid Bullish trending opportunity, was disrupted by news of Israeli attacks in Lebanon. I truly believe today would have resulted in a very strong reversion rally had the markets no been disrupted by the new conflict. Still, we need to play the markets and not rely exclusively on my SPY Cycle...
Today's POP Pattern in Carryover mode suggests the SPY will attempt to move above $550-551 on moderate bullish trending. I believe the way the patterns are set up, the price will attempt a moderate rally with the POP pattern. Then, move into mild consolidation (downward trending) on tomorrow's Counter-trend Bottom-Rally Start. Then, move into a moderately...
This is an end-of-day recap of the Flat/Down SPY Cycle Pattern - which played out perfectly. As I warned, this type of pattern suggests the SPY will stay in a consolidated range and attempt to drift downward throughout the day. This type of pattern presents a very difficult day for day traders. Tomorrow's POP pattern should be very exciting. I'm reading the POP...
This mid-day update highlights the SPY Cycle Pattern prediction and how to trade short-price swings as price contests into a sideways channel. The Flat/Down pattern is usually a congesting type of price pattern. Price trends are smaller and traders need to learn to adjust to taking quick profits. These types of days are sometimes difficult for traders who are...
Prepare for a fairly mild day today with the Flat/Down SPY Cycle Pattern. This pattern suggests the SPY will struggle to find any real trend and will stay relatively flat overall with a moderate downward price trend. Watch this video. We are in the early stages of a broader Vortex Rally phase - but price will continue to roll higher and lower through cycles....
Good afternoon everyone, This Sunday update highlights my SPY Cycle Patterns for next week and discusses my belief that the US stock market has entered a new Vortex Rally Phase. For those unfamiliar with my extended research, every weekend, I spend more than 10 hours creating Custom Index charts and reviewing other proprietary data points while attempting to...
The markets are struggling to break away from the morning congestion. I, personally, want to see the SPY move above $550-551 (filling the gap) before I'm going to consider any potential upward trend. The past few days have been frustrating for me and my Cycle Patterns. The Kamala-Crush, as I call it, came out of nowhere and crushed the market trend. The SPY...
Today's Counter-trend pattern is a Top/Resistance pattern. This pattern usually reflects a price peak setup - rolling into a downward price trend. But it is in a Counter-trend formation today - so we should expect a base/bottom setup rolling into a bullish price trend. This video covers the SPY/QQQ/Gold, and I expect the "Kamala-Shakeout" may be nearly over in...
This is an End Of Day wrap-up related to the continued downward price trends the US markets are experiencing. As I continue to research why the US markets are contracting so suddenly, the only thing that makes sense to me is what I call the "Kamala-Factor." Suddenly, last weekend, Kamala Harris went from the sidelines to front-n-center. Monday, everyone talked...
Good afternoon everyone, Today's Temp-Bottom pattern played out perfectly after what I'm calling the Kamala-Shakeout on 7/24. The SPY price is struggling to find support near the 2x StdDev lower channel and appears to have bounced higher into a new short/intermediate-term Bullish price trend. If you've been following my research, you already know how powerful...
This is a rather long video (about 23 minutes) - but I wanted to go over the unique situation presented to us with what I'm calling the "Kamala Shakeout" related to yesterday's deep selling trend. This video is very clear. We are still in a technical Bearish trend, and I've highlighted the levels needed to switch to a Bullish trend. Today's SPY Cycle Pattern is...
After a long drive and trying to get through LA, I wanted to discuss what I believe is taking place in the US/Global markets. What I call the "Kamala Shakeout". Over the past few weeks, there has been much news related to Trump/Biden and the potential election consequences. But all of those expectations changed because of two rather large events.. _ the...
Here is a quick video highlighting the News Event-driven price action today. My SPY Cycle Patterns don't predict or operate off news cycles. They are based mostly on Fibonacci/Gann research/cycles. Today's price action is a great example of when patterns fail to predict price trends accurately. But one has to understand that today's price movement is like...
Good morning all, Boy, my friendly group of traders was reviewing the TSLA and GOOG data last night for any signs of weakness or strength. The earnings data did not settle well with traders, and the markets were a bit lower this morning. But, simultaneously, I'm trying to tell my followers to let the dust settle after yesterday's data. I was taught "it is a...
Today's Flat-Down pattern could not have played out any better. My SPY Cycle Patterns predicted today would reflect a moderately flat trading range that drifted downward - sure enough, that's precisely what we saw today on the SPY. Now, we move into tomorrow's Harami pattern. Although we may see a broad price high or low (price volatility), we are nearing the...
Have you seen my Plan Your Trade videos yet? Maybe you should take a break and watch a few of them. Part of my effort to help traders involves building a new Pressure System - designed to deploy some of my favorite Fibonacci price constructs and the latest tools. One of the new tools I've been working on is the MENT Pressure System. I would like to make it...
Good morning, This is the Plan Your Trade video for July 23, 2024. Please watch this video to learn why you may want to consider the next 36+ hours as a STAY AWAY type of trading range. The SPY Cycle Patterns suggest the price will consolidate today (23) and tomorrow (24) before attempting to move into a solid Rally phase on the 25. I believe the next 36...