SPY/QQQ Plan Your Trade For 5-15 : CRUSH PatternToday's CRUSH pattern could play out as a very big downward price move if the 578-580 level is broken. CRUSH patterns are usually very large-range price bars. Yes, they can be to the upside as well (depending on recent trending).
A CRUSH pattern is usually in the opposite direction of recent trends. Thus, I believe today's CRUSH pattern will be to the downside.
Although I believe today could be very exciting for traders, I urge all traders move with caution in the early 30min to 60min of trading today. I believe the SPY/QQQ will attempt to establish a range (early trading range), then work to break away from that range.
Traders should be very cautious of getting married into a direction/position in early trading. Let the market tell you where it wants to go.
Gold and Silver appear to have setup the Ultimate Low overnight. Now, we'll see if metals can move higher throughout the rest of this week and build a base for the next phase higher.
BTCUSD seems to have started to roll over (top), but I urge traders to stay cautious of the current upward FLAGGING trend. Until BTCUSD breaks below $96-97k, I would still consider it to be trending upward.
Going to be a busy day for me. Stay safe as I'll be on the road most of the morning.
GET SOME.
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NQ
Divergence Since 2020 - What Happens When Bonds Continue?When Stocks & Bond Move Opposite Direction what does it mean?
We have observed a divergence between the stock and bond markets since 2020. While U.S. Treasury bonds entered a bear zone, the stock markets continued their upward climb. What are the implications of this decoupling?
Will the stock market resume its uptrend and hit new highs? Or is this merely a retracement before further downward pressure?
A healthy, three-way interdependent relationship occurs when the economy, bonds, and stocks move in the same direction. When investors have confidence in the U.S. economy, they tend to invest in long-term bonds, which it usually will benefits the stock market.
This alignment was evident between 2000 and 2020, during which bonds and stocks moved largely in tandem.
However, from 2020 onward, bonds began declining—signaling a loss of investor confidence in the economy. Technically, this should exert downward pressure on stocks as well.
Yet, we are witnessing a divergence: Where U.S. Treasury bonds have fallen while stocks have continued to rise.
When such a divergence surfaces, it signals the need for caution in our approach in the stock markets.
What could be the other reasons why US T-bond has peaked in 2020 and depreciated by 44% since then?
Micro E-mini Nasdaq Futures and Options
Ticker: MNQ
Minimum fluctuation:
0.25 index points = $0.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
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$1000 on this one NQ tradeBeautiful trade caught here on NQ. Happy we were able to capitalize on this and make the right decisions when it came to risk and our profits.
We'll see where NQ takes us next, our MNQ trade could get stopped out and if it does I am content either way. GETTEX:52K threshold reached for our prop trading challenge account.
May this month be the month we are able to pass this account and start capitalizing from our trading.
SPY/QQQ Plan Your Trade For 5-14 : Carryover PatternToday's pattern suggests the SPY/QQQ may attempt to stay somewhat elevated. The Carryover pattern is essentially a pattern saying, "expect more of the same type of trending today".
I would suggest the SPY/QQQ are somewhat extended and may pause a bit today.
I shared a chart I created back on March 23, 2025 that I found very interesting - showing a big rally in late-April/early-May. If that chart continues to be accurate - it suggests the markets may attempt a reversion move to the downside over the next 20-30+ days.
Time will tell if my predictions play out accurately or not.
Gold is moving into new BEARISH trending on the GOLD Cycle Patterns. After an extended consolidation phase in metals, this shift in the trend models was going to happen at some point.
Now, we need to see if Gold/Silver can hold above recent support or not. Even though I believe Gold/Silver are poised for another big rally, the disruptions related to the global economy and tariffs seems to have taken some of wind out of the sails of the metals rally (for now).
Bitcoin continues to lead the SPY/QQQ. Keep an eye on what BTCUSD does over the next 7-15+ days as I believe it will lead the US markets in trending (still).
Get some.
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SPY/QQQ Plan Your Trade For 5-13 : Rally 111 PatternToday's RALLY pattern suggests we will see continued upward price trending in the SPY/QQQ (and possibly BTCUSD).
I believe the continued positive news/announcements by the Trump administration is adding fuel for the current rally phase in the US markets. It is hard to ignore his tactics (like them or hate them). He is able to get things done in a way that many believe is disruptive.
Still, from what I'm hearing, the Chinese trade deal is a very broad and advantageous deal that somewhat "resets" the disparity the US has experienced for the past 20+ years with China. Overall, that is a very positive advancement in global trade.
Now, we'll have to see how the markets react to this news and is the hype is as good as the final trade deal.
Overall, the US markets are still climbing up the current FLAGGING formation (still BULLISH).
I see another Island (GAP) type of price move, which may prompt some consolidation - we'll see how things play out.
Gold and Silver are setting up double/triple bottoms across support.
BTCUSD is rallying higher within a similar FLAG formation to the SPY/QQQ.
In my mind, the markets are back to nearly where they were prior to the tariffs and early breakdown in late-February 2025. This is the "make or break" time for the markets.
Either the SPY continues higher and attempts to break above resistance - or it will start to fail over the next 5-10+ days and break downward.
Buckle up... and GET SOME.
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Two Shots at NQ: Because One's Never EnoughAlright, here’s the game plan – because let’s be honest, the market loves nothing more than pretending to break out, then snapping back just to mess with us.
🔥 The Setup:
I’m eyeing the Micro E-mini Nasdaq-100 Futures (June 2025), and I’m giving myself two shots at this breakout. Yeah, I know – ambitious. But the market’s been playing hard to get lately, so I’m hedging my enthusiasm.
💡 Why Two Long Entries?
Because, let’s face it, the first entry will probably get stopped out. I like to think of it as a “testing the waters” trade. If it works, great – I’m a genius. If not, well, it was just practice.
First Entry (The Optimist):
I’m jumping in if it breaks out, keeping the stop tight – because nothing says confidence like a cautious stop loss.
Second Entry (The Realist):
If the first entry faceplants, I’ll wait for the market to freak out and then calm down. Then, I’ll slide back in when it looks like it’s actually serious this time.
🧠 Managing the Chaos:
Short-Term Target: The last high – because if it doesn’t clear that, what’s the point?
Long-Term Target: The equal move – assuming the market doesn’t chicken out halfway.
Stop-Loss: Snug and sensible, because I’d rather not watch my account do a disappearing act.
Take profit targets are set where the equal move would complete – assuming the market cooperates for once.
💭 The Thought Process:
I’m not here to pretend I can predict the future – if I could, I’d be on a yacht, not posting on TradingView. But this setup gives me two chances to be right, which is at least one more than usual.
🔥 Your Thoughts?
If you’re also giving your trades a second (or third) chance, drop a comment. Or just let me know how your latest breakout fake-out went – because misery loves company. 😅
We Have a Full Pattern into The Target BoxI am now looking for a 5-wave pattern to develop to the downside, followed by a 3-wave retrace, that in the coming weeks can take us back out of the Target box to the downside. Price must breach the 5578 area to give us any indication the pattern to the upside below is cracking.
NASDAQ Harmonic pattern indicating strong bounce incoming.AI vs. Dot-Com Bubble
When drawing parallels between #AI and the dot-com bubble of the late 1990s, many express concerns that current valuations may be excessively inflated. However, significant differences are apparent.
To begin with, the current price-to-earnings (PE) ratio of the NASDAQ-100 is approximately 30, whereas during the dot-com bubble, it skyrocketed to 200, with many companies lacking any earnings in sight.
Additionally, the market capitalisation to #GDP ratio reached unprecedented levels in the late 1990s, while today's figures, although still high, are supported by robust earnings and solid cash flows from established business models.
Innovations in AI, cloud computing, and digital transformation have fuelled revenue growth, exemplified by #NVIDIA's data centre sales, which surged 409% year-over-year in Q4 2024, and Microsoft's Azure, which experienced a 28% year-over-year increase in 2024. This surge in productivity is being driven by individuals, businesses, and governments alike.
As a result, major tech firms are making substantial investments in AI research and development, with clear strategies for monetisation.
AI is poised to become a transformative force, akin to the transistor, a groundbreaking invention that scales effectively and permeates various sectors of the economy.
Lastly, the Federal Reserve raised interest #rates to 6.5% to tackle inflation after previously lowering them to address Y2K concerns before the bubble burst in 2000.
In contrast, current expectations suggest that interest rates will stabilise or decrease, which would support valuations.
SPY/QQQ Plan Your Trade for 4-12 : Rally In CountertrendIn today's video, I try to highlight the TREND features in the SPY CYcle Pattern data window for all of you to use.
Yesterday, I received a comment from a friend/client asking about the strength in the markets compared to my expectations.
My answer was simple. The SPY Cycle Pattern data window shows Short-Term (ST), Long-Term (LT) trending as well as the Daily/Weekly Bias trends.
Traders should use these to determine the primary trend/direction of price action.
Additionally, I try to add my own thoughts/context related to the market setup/structure. That is where I teach you about the EPP/Cradle patterns and more.
Ideally, my analysis and the SPY Cycle Patterns align with the future price moves in a way that everyone can profit from the highest probability outcomes.
There are times when news or outside forces drive the market trend beyond my expectations and, in some cases, beyond the SPY Cycle Pattern predictions. This recent Trump-Pump rally may be one of those cases.
Either way, I continue to try to deliver the best technical analysis and research I can offer for followers.
Get some.
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NQ Analysis - 11th May 2025Here is my analysis of NQ, a pair I do not trade and only very seldomly do analysis for.
I've been wanting to get into indices futures, so I will be doing more analysis on them in the future. I still have to learn about the contract sizes, average moves, etc.
- R2F Trading