QQQ
AVOID CLSK JULY 7 2024I have clearly explained why to stay away from clean spark. I can catch it at a higher level and minimum risk.
Right now the risk is too much. If you have any questions feel free to DM me.
A Simple/Consistent Trading Strategy Using AnchorBars For AllI was talking with a friend today and he stated he just wanted something simple and consistent.
He stated he was using Weekly, Daily, and 30 Min charts to try to confirm his trade setups.
He did not want to swing for trades too often - only when the Weekly, Daily, 30 Min charts aligned.
I've build multiple systems somewhat like the one I'm showing you in this video. The trick to managing this system is to avoid consolidation periods. When price settles into an extended sideways range - you want to cut your trading down to almost NOTHING and wait for a more defined trend.
Here you go. Simple and easy.
If you don't understand AnchorBars, you can learn more on my other TradingView videos.
Go Get Some...
SPY/QQQ Plan Your Trade July 7 thru July25 - 3 Weeks AheadThanks for all your comments and boosts.
Remember, it is almost impossible to predict price range/movement 3~4 weeks in advance accurately - as I'm trying to show you with this video.
What I see happening over the next 3+ weeks is a continued rally phase for about five days, then an exhaustion peak sets up (a Last Engulfing pattern), followed by a short (2~4 day) contraction in price, leading to a FLAGGING pattern (sideways), before price attempts to move higher again on July 24~25.
If my analysis is accurate, there are two or three very opportunistic trading moves over the next three weeks. Additionally, for day traders, we will see some considerable price volatility start to set up after July 15.
Many of you have asked how I'm able to do this accurately. The simple answer is that I've been training myself to use my SPY Cycle Patterns and research/TA skills to attempt to "see into the future" with some degree of accuracy. Of course, I'm not 100% accurate all the time, but I think I provide incredible value for skilled traders.
Knowing what to expect over the next two to three weeks can provide incredible insight into planning and trade decisions. That is what my SPY Cycle Patterns are all about.
Combine that with some skills related to TA and Fibonacci Price Theory, and I think anyone could attempt to do what I'm doing on this chart with some practice.
I will state this as clearly as I can... When my analysis aligns with YOUR analysis (regarding price trends/direction/range), I believe you can be more aggressive in your trading style. Otherwise, if I tell you, the price will be choppy and consolidated, cut your allocation levels to 25~50% and trade only for quick price objectives.
I fully believe in waiting for prices to develop the best opportunities and not trying to trade every day.
I'll be updating this outlook every morning with short videos.
Go get some.
QQQ: Weak Market & Bearish Forecast
The recent price action on the QQQ pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
❤️ Please, support our work with like & comment! ❤️
SPY WEEKLY JULY 8 2024SPY weekly is here. If you have any doubts feel free to DM me here.
I have clearly discussed the long levels. Go through the analysis and focus on understanding what price is trying to tell you
BTCUSD Rejecting Downward Trend @ $57k - Watch What Happens NextThis is a followup video to my earlier BTCUSD analysis - suggesting BTCUSD would find support near $57 and rally (eventually) to over $90k.
I found it interesting that I received a few comments on that last video - some in support and others thinking I was wrong. But, now, with BTCUSD clearly attempting to reject any further downward price action near the $57k level - we get to see how this plays out in REALTIME.
Watch this video to learn why I believe the big move for BTCUSD won't happen till after August 15, 2024 (a +$6k move). Then, we'll have to wait till later in September for the major FLAG pattern to complete - leading to an even bigger upward price breakout.
I love this type of analysis and I love sharing it with everyone. Watch my other videos if you want to learn more about what I do and how I help traders prepare for the biggest opportunities.
Watch this play out in realtime with BTCUSD. If I'm right, we'll see $62k again before August 20th, then move into a broader FLAG formation before the next big breakout happens.
Go get some.
AI Bubble grows above resistance for QQQThe gap up and follow through today shows a clear break above the 2010 trading channel that has provide resistance so far. I see a pattern very close to that of July 6, 2020. The is not confirmation yet that price is out of the channel and that resistance has become support, but for the bulls this is a very good start. I would expect the bulls to try and run with it now that price is above the channel. I will also be watching for a pullback to test for support in the near future. If that can hold, the AI bubble may get really pumped. We can never know what will spook the market, but right now it feels like the sky is the limit.
Today
July 6, 2020
SPY/QQQ Plan Your Trade Update - Markets Will Retrace 7/15-7/20Afternoon everyone,
As I continue to prepare more research for all of you going further into July, I wanted to share my belief that the SPY/QQQ will retrace shortly. I expect this retracement to happen near 7/15~7/20 and possibly last 1~3 weeks.
Price trends don't always go straight up or straight down. That's why you must learn to take advantage of my research on these types of trends.
When the markets hand you this type of opportunity, you must be ready to pounce on these easy moves.
I try to teach everyone the hardest thing to learn is patience. You have to wait for the markets to give you these opportunities.
Watch this video to learn what to expect next week and the potential for a parabolic price trend going into the end of 2024.
I'll return with a new Plan Your Trade video for Monday and beyond.
Have a safe holiday weekend. I know lots of people are already traveling and visiting family.
SPY/QQQ Plan Your Trade For July 5 - Gap Rally PossibleGood morning,
This continued Plan Your Trade video series will continue for a number of week further. I continue to receive wonderful comments from viewers suggesting these videos are really helping them develop better skills and profit from market trends.
Remember, these patterns, and my analysis, is not 100% accurate all the time (DISCLAIMER). I do my best to interpret the patterns and provide clear expectations - but I'm not always 100% perfect at predicting future price moves.
What I try to do is to interpret the patterns like reading a sentence. I try to imaging what price would be doing as I'm reading through the SPY Cycle Patterns related to current price setups/structures on the Daily chart.
So, in a way, I'm taking information I already know (the price chart) and trying to "fit" the puzzle pieces into place related to future price trends.
Today, I'm expecting an opening price Gap (higher) followed by a fairly strong bullish price trend. This trend may stall near Noon ET, but then will probably continue to strengthen into the close of trading today (short squeeze).
Remember, watch my other videos on TradingView to learn more about my analysis techniques.
Go get'em.
NVDA - Where is the TOP?NVDA once a darling this year, to be honest quickly turned into a villain buy sucking the all breadth of the market.
I normally don`t like log charts but when the name runs this fast, it is the only option. Run - bull flag run again, final target I see 160 with same expected move.
A decent upside, but let`s not forget NVDA is a 3T usd company. An upside of %30 or so will make it the 1st 4T usd company, will not join to this ride, just sharing where the top might be.
SPY/QQQ Plan Your Trade For July 3 - Early ConsolidationGood morning,
This continued video series highlights my SPY Cycle Patterns and attempts to teach you how to read these patterns and the price charts to plan your trades throughout the day.
Remember, I'm only looking for the best opportunities for trading profits. I plan to avoid any CHOP or sideways price action as it is not my style to scalp in and out of trades every 10 minutes.
I expect the upward price trend to continue, but it will happen later in the trading day (after Noon ET).
I expect the SPY/QQQ to consolidate in the early portion of the trading day - moving sideways and possibly pulling downward after yesterday's strong rally.
I believe that the price must attempt to consolidate into the channels related to momentum; then, the price may try to resume another momentum move higher.
So, I'm going to be patiently waiting out the first 2.5 hours of the trading day, looking for opportunities to buy into lower prices near 11-12 Noon ET, and expecting the markets to move into a momentum trend higher.
What I do may be different from what you decide to do as a trader. I'm just trying to help you see and plan for opportunities throughout the day.
Remember, Friday should be a very large price range day with a Momentum Rally pattern. It is not uncommon for that pattern's momentum to bleed into the end of today's trading day.
It should be a good day for traders.
Get some.
TSLA To The Moon?Tesla has had an amazinf rally in recent sessions.
We are now into major resistance. Hitting the weekly 200 MA
Hitting major downsloping trendline.
If we break this trendline a major bullish pattern is on watch. A weekly inverse head and shoulder pattern that could yield a 100% return.
If we reject here, a major bear pattern could take hold.
This level is so fascinating as it hinges on a major business milestone approaching in August.
The ROBOTAXI could be a game changer! Buy the rumour sell the news?
SPY/QQQ Plan Your Trade Review & Pre 4th ExpectationsThank you for all your comments, likes, and Boosts recently.
It's lovely to see my research helping so many traders.
I know some of you have recently been caught on the wrong side of market trends—this happens to the best of us. I've learned to wait out market activity I don't like and try to trade the bigger price swings, like the RALLY patterns yesterday and today.
You can't try to stand in front of the markets and force them to move in the direction you want. You have to stand back and catch moves that are opportunistic and present clear success opportunities.
This video reviews the past 8+ trading days, my SPY Cycle Pattern predictions, and what will likely happen over the next 7+ trading days.
In short, I expect the markets to slide into the July 4th holiday with a moderate melt-up trend and then move into a strong short squeeze on Friday (7/5).
This leads us to next week (8-12), where we'll get early Q2:2024 earnings data. I believe next week will continue the upward price trend - pushing the SPY above $560+.
The following week (15-19) is exciting. There is a very real potential for a moderately strong price correction on Wednesday/Thursday of this week, which could be a huge opportunity for skilled traders.
So, thank you again for commenting, liking, and Boosting these videos. I'll probably keep them going for a few weeks to help more traders.
Remember - focus on the facts/data and avoid the emotional side of trading. The markets always want to take your money. Find out how to wait for the markets to give you profit opportunities.
2024-07-02 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
nasdaq e-mini futures
comment: What a bull day… Just straight up buying all the way up. Market did not touch the 15m ema once since 30mins before us open. Happy for everyone who were long since below 19970 and held. Still a lower high but given the strength of today, some follow through is expected.
current market cycle: Max bullishness & peak bubble territory. Literally the peakiest of the peaks. Mother of all bubbles. Will end over the next weeks. —unchanged
key levels: 19700 - 20100
bull case: Bulls want a measured move up from the strong buying today, which could bring this to 20600. Sounds insane but that’s what the chart is showing. First target for the bulls is till to make this a higher high again and for that they need to trade above 20273. If they do that, I don’t think this will be stopped until a much higher ath.
Invalidation is below 20100.
bear case: Not having much for the bears here. They just vanished today since US open. They need to do everything they can to keep this a lower high below 20273 or bulls will make a new ath. IF bears can reverse this, 20000 is the magnet we are oscillating around. I don’t have much fantasy how this market could do another meltup to be honest but price is truth and the chart is screaming “*explicit* your puts” and wants higher.
Invalidation is above 20273.
short term: Max bullish above 20273 for new ath but inner bear in me hopes this reverses again. I don’t have any open positions on this.
medium-long term: This climactic blow off top was the grand finale of this bull trend. Perfect break above multiple patterns which I expect is a bull trap and we will test the various support lines next before the new bear trend will unfold over the next 3-9 months.
current swing trade: None
trade of the day: just buy anywhere around the us open and hold. 15m ema was not touched once.
Wave D ?????the chart post could be in a wave D rally I can say honestly NOT SURE but I have taken PROFITS AGAIN $$
Thin AIR OEX I am now 33% long puts The sp 100 has reached into the fib relationship of a major top the sp 500 has Entered the min 5510 to 5531 RSI bearish setup I had hoped and the word is HOPED we print 5554 /5585 BUT cycles are running out and the Fang sector aka AAPL targets and msft in the lower end of super cycle targets .are being met . SOX has reach a perfect 1.618 and we saw the turn a second time . this shows the math is in control and that the fractals forming . Wavetimer I am now long march 485 qqq puts and spy 565 560 puts and RCL
SPY JULY 1 2024SPY needs to go up. If it closes below DDZ demand zone box, then your SL has been defined and we are aiming for $556+ soon.
If you have any questions feel free to ask.
Plan Your Trade 7-1-24 - Get Ready For A Rally.This continuation of my Plan Your Trade video series highlights the potential price rotation we'll see today with the big CRUSH pattern. Next week, I believe, will result in a substantial rally phase throughout the week of July 4th.
Today's counter-trend rally pattern will likely result in an early trading rotation, leading to an upward price trend that will build momentum throughout the week. Remember, we have a holiday on Thursday that may pause the rally a bit late Wednesday.
This new swing into a Rally-Rally-Rally phase with the SPY Cycle Patterns is fantastic for day traders and intraday swing trading.
Watch the video today and prepare for the big moves this week. Overall, nothing has changed. Price is rotating into a rally phase ahead of Q2:2024 earnings.
Learn how my SPY Cycle Patterns can help you plan and prepare for market direction and trends.
Do you know anyone who can accurately predict price setups/trends 2 to 4 weeks into the future? Well, you are watching me do it right now.
Let me know what you think in the comments.
Go make some money today.
Plan Your Trade 6-28 - Today Is The Big CRUSH DayThis continuation of my Plan Your Trade video series highlights the potential price rotation we'll see today with the big CRUSH pattern. Next week, I believe, will result in a substantial rally phase throughout the week of July 4th.
Today's big CRUSH pattern will likely result in a fairly deep downward price move in early trading, followed by a period of basing/stalling before we may see a fairly strong rally phase/squeeze into the end of trading today.
These types of price swings are fantastic for day traders and intraday swing trading.
Watch the video today and prepare for next week. Overall, nothing has changed. Price is rotating into a rally phase ahead of Q2:2024 earnings.
Learn how my SPY Cycle Patterns can help you plan and prepare for market direction and trends.
Do you know anyone who can accurately predict price setups/trends 2 to 4 weeks into the future? Well, you are watching me do it right now.
Let me know what you think in the comments.
Go make some money today.
Plan Your Trade - 6-27-24 : SPY & QQQ ExpectationsThis continuation of my Plan Your Trade video series highlights the potential price rotation we'll see over the next two days, leading to what I believe will be a substantial rally phase throughout the week of July 4th.
The next two days will likely represent some huge price swings - first upward, then downward on Friday.
These types of price swings are fantastic for day traders and intraday swing trading.
Learn how my SPY Cycle Patterns can help you plan and prepare for market direction and trends.
Do you know anyone who can accurately predict price setups/trends 2 to 4 weeks into the future? Well, you are watching me do it right now.
Let me know what you think in the comments.
Go make some money today.
Nasdaq is gonna crash in the next two weeks! SAME PATTERN!CAUTION: AWESOME OPTIONS PLAYS AT THE END OF THE POST! NFA ;-)
Look at this weekly chart and don't tell me that this is a repeating fractal!? The same color trend lines are almost the same length to a T. The upper trend line channels are gonna be the same distance, which extrapolates this going south for a very long time. (check out my AMEX:SILJ thread to show the repeating fractal line up)
Now of course these lines aren't gonna be what happens, you can see there was some out of the ordinary channel reactions on the downtrend last time.
I personally think that Biden is gonna mess up the debate, then pardon his son and leave the presidency while Kamala will tap Hillary Clinton as VP (via Ford Agnew redux) and then pardon Biden for any crimes done in office or out of office.
The markets will melt down, the FED will cut rates, maybe by 250 basis points since they keep going larger with their reactions to contain the ponzi scheme.
I'd buy puts right now, 400 December Puts for 4.10, sell them for 5x for a nice Christmas/New Year's present.
OR you can go the supersize route and buy puts on TQQQ for 42$ for the $25 strike price (it'll go lower imo) for a 25x return, if the price goes down to $15, that's around a 4200% return!! NFA ;-)
Also this shows the road forward, via a Livermore Accumulation Pattern. So we go very UP for the long term.
Members Daily Analysis JuneMU obliterated on eanrings...so far (pre call)
IWM weak on the session.
Markers saved on TSLA / AAPL / MSFT strength.
Dollar and Long end yields breakout.
Inversion of the yield curve about to narrow?
