SPY/QQQ Plan Your Trade For 12/30 : GAP ReversalThis week should resolve as a Momentum Rally in the SPY/QQQ. Yet, I believe price action will be very volatile as we are still transitioning through the holidays.
Overall, I expect the SPY/QQQ to attempt to mount a fairly solid rally this week - possibly attempting to reach new All-Time highs again.
Then, I believe the SPY/QQQ will move into an extended topping pattern over the next 2+ weeks - resulting in a breakdown trend after the Inauguration.
Gold and Silver appear to be trying to base/bottom and we may see a decent rally in metals this week. I hope so because I don't believe Metals should be this low compared to the risk factors throughout the global markets.
Bitcoin is transitioning through an EPP pattern Flag breakdown event. If this continues, I suspect we'll see a downward price move targeting $74k before the end of January 2025.
Remember, my Daily/Weekly Cycle Patterns are designed to help us plan and prepare for market opportunities. No, they are not 100% perfect all the time. But I don't know of anything else that can attempt to accurately identify price trends, setups, events weeks and months into the future.
2025 is going to be a great year for traders. Remember, it is all about what you can do with the information I share to profit from these moves.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Spy!
2025 STOCK MARKET PREVIEW – It's a BEAST!2025 Stock Market Preview – It's a BEAST!
You are going to want to watch this video as it's JAM packed with great information for the new year! It may be long but aren't you trying to learn and become a better investor or trader?!
Get ready for 1 HOUR of action-packed, game-changing insights:
-Economic data
-Technical analysis on NASDAQ:QQQ AMEX:SPY AMEX:IWM
-My 2025 predictions
-How to prep for the next stock market crash
-How I'll be monitoring the markets
What do you think will happen in 2025? Share your thoughts in the comments below!
You won't find this much FREE CONTENT anywhere else! Let's dive in!
12/30 Watchlist + NotesAMEX:SPY - Short week from Xmas leaves us with an inside weekly setup to start the new year. The way 2-1-X and 3-1-X setups (Inside bar setups) work, is they either confirm what happened previously, or negate it. In this specific scenario on the weekly, we have a large red week of selling (2D, followed by a pretty neutral inside week (1). Next week either goes 2D, confirming the selling from the previous week and therefore showing evidence of continuation lower, or we negate that selling by making a higher high (2U) and looking to reclaim the highs from the big red week from when FOMC occurred. We can't predict which way the next week will go, but we can at the very least imagine what has to occur for both bull and bear scenarios to be successful. Simply put, above last weeks high means we are targeting the weekly high from the week prior to last week. Below last weeks low means we are targeting the weekly low from the week prior to last week. Break either side and come back into last weeks range means we are failing to confirm/negate what the signal is indicating, and then we target the other side. EX: Monday pokes above last weeks high but closes red. We then would look to engulf the week and create a 1-3 combo on the weekly. This week should be similar to last week, meaning it may be tougher to trade since we have a few negative considerations and less ideal conditions to trade.
Considerations for the upcoming week: For starters, we have another short week with new years day on Wednesday being a full day closure for the markets. Short week means less time for weekly candles to form, and therefore, likely chance of less volume to occur compared to normal weeks. Secondly, its the new year! This means we see all new candles on every timeframe up to the yearly chart. So, new Year, Quarter, Month, Week, Day, Hour, etc. Because of this, we will see issues with decoupling. This means the Year, Quarter, and Month will all be the same exact candle until we get to the second month and quarter of the year. Because the week starts in 2024 and ends in 2025, the week will be decoupled, but the M, Q and Y will not. Again, not the biggest issues ever, but just considerations to have in mind.
Weekly Watchlist: (Side Note: I have added all of my charts for individual tickers mentioned for further clarity on what I am seeing with these setups)
Bullish:
NASDAQ:MRVL - 3-1-2U W to confirm bright green M, Y
NASDAQ:AVGO - 2-1-2U W to confirm FTFC Up. Relative strength. 4HR 2-1-2U and 1HR 3-2U for Intraday entries Monday
Bearish:
NASDAQ:SMCI - Shooter 2U W to confirm failed 2U month. Super nice Daily BF
NYSE:AI - 2-1-2D W to trigger Shooter failed 2U M. Gorgeous monthly Broadening Formation.
NASDAQ:MSTR - 3-1-2D W. BTC with a weak setup on the major TFs. Looking to capitalize through MSTR and other names in that space
NYSE:BRK.B - Shooter 3 D. Weekly 2-2U too weak to hit magnitude last week. Month is 3-1 but big red currently. May be early on this but with similar setups in the Financial industry, this is one I want to watch.
NASDAQ:AMD - Hammer revstrat D to trigger Weekly 2-1-2U at Monthly Exhaustion level. Yearly has a nasty bearish revstrat setup forming, but if we are just daytrading this, it looks good for an exhaustion play intraweek. Otherwise will be watching all next year for that Y revstrat to play out
Neutral:
NYSE:SHOP - 3-1 W. Month Failing 2U.
NASDAQ:NVDA : Currently Shooter 2U W. Normally this is just bearish, but the 2W chart can go hammer 1-2-2U, and M is 2D but close to open meaning it is failing that downside signal. I could see this going either way, but its such an interesting setup that I wanted to include it.
ES Weekly Trading Plan: Balancing Market Strategy 12/29 🚨Trading Plan: Balancing Market Strategy with Failure Scenarios 🚨
Market Context
The market is currently in a balancing phase, with defined extremes of the balance zone at 6164 (high) and 5898 (low). Our approach will focus on trading around the midpoint and targeting key levels, while remaining aware of potential failure scenarios where the market tests beyond the extremes but fails to sustain momentum.
Key Levels
Balance Zone High: 6164
Balance Zone Low: 5898
Midpoint (Pivot): 6031
🎯 Upside Targets:
6072
6108
6144
📉 Downside Targets:
5999
5964
5928
🧑💼 Strategy Overview
Objective:
Trade within the balancing market, utilizing the midpoint as a pivot for directional bias, while also preparing for failure scenarios at the balance zone extremes.
Risk Management:
Place stops just outside the balance zone extremes to avoid being caught in a breakout trap.
Execution Plan:
Follow a systematic entry and exit plan based on price action near key levels, with heightened focus on failure scenarios at the extremes.
Trade Execution Plan
Pivot Zone: 6031
If price holds above 6031:
Look for long opportunities targeting upside levels.
If price breaks and holds below 6031:
Look for short opportunities targeting downside levels.
Upside Trade Setup:
Entry:
Enter long positions near 6031 on confirmation of support (e.g., strong buying momentum, bullish candlestick patterns).
Targets:
6072 → 6108 → 6144 →
Stop Loss:
Place stops just below 5999 to protect capital.
Downside Trade Setup:
Entry:
Enter short positions near 6031 on confirmation of resistance (e.g., strong selling momentum, bearish candlestick patterns).
Targets:
5999 → 5964 → 5928 →
Stop Loss:
Place stops just above 6072 to protect capital.
⚡ Failure Scenarios
Looking Above 6164 and Failing:
Scenario:
The market breaches 6164, signaling potential breakout buyers, but quickly reverses and re-enters the balance zone.
Trade Opportunity:
Short the market on confirmation of failure (e.g., rejection candlesticks, increasing sell volume).
Targets:
6144 → 6108 → 6072 → Midpoint (6031).
Stop Loss:
Place stops just above 6164 to avoid prolonged breakout risk.
Looking Below 5898 and Failing:
Scenario:
The market breaches 5898, signaling potential breakout sellers, but quickly reverses and re-enters the balance zone.
Trade Opportunity:
Long the market on confirmation of failure (e.g., rejection candlesticks, increasing buy volume).
Targets:
5928 → 5964 → 5999 → Midpoint (6031).
Stop Loss:
Place stops just below 5898 to avoid prolonged breakout risk.
Fake Breakout from Midpoint (6031):
Scenario:
The market shows a directional breakout from 6031 but fails to sustain momentum, reversing back into balance.
Trade Opportunity:
Trade in the direction of the failed breakout, targeting the opposite side of the balance zone.
Stop Loss:
Place stops just outside the failed breakout level.
💡 Risk Management
Position Sizing:
Risk no more than 1-2% of account balance per trade. Use tight stops to minimize loss in failure scenarios.
Break-Even Adjustments:
Move stops to break-even once the first target is hit.
📈 Trade Monitoring
Order Flow Analysis:
Continuously monitor volume and order flow near extremes and the midpoint for signs of breakout or failure.
Market Context Update:
Adapt the plan if the market establishes a new range or breaks out of balance.
💰 Exit Plan
Take profits incrementally at each target.
Exit immediately if the market signals sustained breakout momentum beyond the balance zone extremes.
🔔 Stay disciplined and adapt to the price action!
#BalanceZone #MarketStrategy #RiskManagement #SPX
es1! retests 5kes1! appears poised for a larger move down, based on the smaller timeframe count .
this leads me to believe that es1! has entered a larger fourth wave. historically, these waves take an average of 2 months to play out and typically result in a 12% decrease from the high before completing.
wave 4's often retrace back into the territory of the prior degree's wave 4, and i expect this one to follow suit.
pay attention to the green trendline i've drawn on the chart,,, it serves as a solid guide for where i anticipate es1! to find a bottom. dipping below the trendline is acceptable, provided we don't see any weekly candle closes beneath it. even if a weekly candle does close below, a strong recovery the following week, such as a gap-up scenario , could invalidate the breakdown.
there’s not much else to add here, as the chart is fairly straightforward. keep an eye on the trendline and monitor weekly closes for confirmation.
💸
SPX Head & Shoulders Top on Daily... Watching for $5600 to $5200Hi Traders,
SPX is showing signs of a potentially bearish formation—a head and shoulders top.
Historically, this pattern has signaled increased downside risk for equity markets.
As the price draws closer to the neckline, a break below could take us to the next major support level around 5,600.
This will be a crucial zone to for traders and investors to monitor closely.
Market conditions could sour quickly and an accelerated drop should cause traders to act cautiously over the next couple of weeks.
Good luck out there.
Mark
SPY/QQQ Plan Your Trade For 12-27-24: Momentum Rally PatternThe last Friday of the year (2024) should show up as a moderate Momentum Rally in the SPY/QQQ - possibly seeing the SPY target 603 or higher by the end of the day.
Gold and Silver are consolidating into a FLAGGING formation.
Bitcoin is trapped in a consolidation range (right shoulder) pattern that should break downward over the next 5+ days.
This is the time to position your trades for the beginning of 2025 and prepare for moderate volatility as the markets struggle for direction.
The Momentum Rally pattern, today, should present a very clean opportunity for skilled day traders.
I believe a deeper low is likely to setup between January 15 and January 25, 2025. So, be prepared for another roll to the downside after we get past the New Year.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
THIS will take place before the end of this BULL RUNAMEX:IWM CAPITALCOM:RTY AMEX:TNA
HERE ME NOW!
This CupnHandle Retest then move Higher will be the final DRIVE of this Bull Market before we get that 20% or more crash!
This will send us to a measured move of $306 and play the catchup to the AMEX:SPY NASDAQ:QQQ to conclude the bull run. Timeframe is before Nov2027 so it could be awhile but I'm making my call!
Not financial advice
MERRY CHRISTMAS AND A HAPPY NEW YEAR TO ALL MY SPYLOVERS !!!Two weeks ago, I projected some very common behaviors that candles exhibit after a long rally. If you compare the two types of candles I marked on the left-hand side, notice how candle models "A" and "B" have very different body structures. Candles "A" have a more volumetric medium-sized body, which indicates strength. However, we are not exempt from their natural pullback, which, to complete one trend cycle, broke the structure itself upward.
Candles "B" are smaller than Candles "A," allowing us to distinguish the significant weakness in the uptrend. The price starts to lose momentum, and consequently, we can expect it to take a pause before falling.
After projecting the two scenarios where SPY was positioned two weeks ago, we were able to predict both future movements correctly:
When the price reached historical highs, it paused or consolidated, showing descending candles (see the magenta arrow). Later, a volumetric candle confirmed the drop.
Within the two scenarios, I marked two possible levels where the price would fall. The rebound occurred correctly at the second level, a historical resting zone where the price has been since October.
This analysis is entirely based on price action and historical zones. It's essential to stay alert to institutional and liquidity zones to ensure the most accurate analysis possible.
Now we are in the final week of the year, and historically, markets tend to react bullishly. But the question is: Will it be different this time?
In my opinion: I believe the price can reach new historical highs, as it is demonstrating with strong bullish pressure candles.
At this moment, I think we are at a good support level located at the previous resistance of our entire bullish channel. I believe the price will re-enter the channel and resume the sequence it has been following within the overall bullish structure.
This concludes my analysis of SPY for now. Let's see what the next few days bring as we continue monitoring the market.
If you'd like to see this analysis in English, follow me on TradingView under the username: rockermike111.
Wishing you an excellent 2025 filled with great news and continued growth in your market studies! May your learning progress year after year!
Sending you a big hug and wishing you a Happy 2025!
TRADE SAFE!
SPY/QQQ Plan Your Trade for 12-26-24 : Inside Breakaway PatternThis, being the day After Christmas, could be a very volatile trading day. I suggest traders sit back and let the morning volatility settle before attempting to make any big trades.
I believe the markets will seek direction after Christmas and look to attempt to move into a Reversion phase (likely trending upward into the end of 2024).
Overall, I believe the Anomaly event has completed - yet there is still risk for the markets to move lower before the end of Feb 2025.
Follow my research and pay attention to how large the recent Daily price bars are compared to previous ranges. The current market volatility is MASSIVE.
There is no reason skilled traders are not able to profit from some of these big price swings.
Gold and Silver enter a CRUSH pattern. This could be a huge price move for Gold & Silver today.
Bitcoin is sliding into the Consolidation Phase of an EPP pattern. This could result in another breakdown towards $72k if the EPP pattern plays out.
Buckle up.
Get some.
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$SPYWe will see a continuation from Fridays bullish reversal.
When the market opens we may see a Liquidity grab around $595 before retesting the selloff from $606.
If we fail to bounce off $595 we may see a retracement down towards $590 Order Block.
Overall I believe we will continue moving up towards the $606 price target.
Will AMD recover and catch up with NVDA? updated/Revised Outlook🔸Hello traders, today let's review 2days/candle price chart for AMD.
Price contained within bullish channel since 2021, however currently
pullback/correction in progress.
🔸65% correction in progress, based on previous swings expected to complete at/near 88/90 USD in Q1 2025. Until then it's recommended to stay out.
🔸Once we bottom out near 90 USD in Q1 2025, expecting bullish swing 265% gains off the lows, so projected high is 310/320 USD.
🔸Recommended strategy bulls: Bulls wait for correction to complete at/near 85 usd in Q1 2025 and get ready to BUY/HOLD. Bullish impulse / reversal off the lows price target based on measured move projection is 310/320 USD. patience required, do not expect miracle/overnight gains in this market. good luck!
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
S&P500 ES ready to enter the buy zone based on my new indicatorTL:DR I created a new price + volume based indicator that sold BEFORE the most recent crash, and bought BEFORE the most recent rise. If this indicator is any indication of the near future, then it's showing a near future rise in S&P500 since there is an active BUY signal. Below is a more detailed description of the indicator I created which is typically based on simple price and volume action.
I designed a new indicator that I dub the "Money Flow by NHBprod" indicator. It helps to EASILY identify potential trade opportunities without over complicating the process. In short, MFI typically uses volume and pricing data in its calculations which are 2 important keys to consider when trading. However, the actual indicator typically lags behind actual trade opportunities. I heavily modified the standard MFI so that this new indicator can be used to easily see where to buy and where to sell. It also has built in alerts which can be used to automate trading.
How It Works
The indicator calculates the Money Flow Index (MFI), but is heavily modified both in terms of calculations, performance, and output. The indicator computes the MFI using the closing price and a user-defined length. A linear regression moving average is applied to the MFI, smoothing out fluctuations to provide clear signals. Then we have Buy & Sell Zones which are Customizable thresholds that are used to determine when to buy and when to sell. When the moving average crosses into the buy zone, green highlights appear on the chart; similarly, red highlights appear when it enters the sell zone.
Alerts: Integrated alert conditions notify traders when the moving average enters either zone, ensuring they never miss a trade opportunity.
Simplifies Analysis: By focusing on the MFI's moving average and clearly marking significant zones, the indicator eliminates noise and simplifies market analysis.
Enhanced Visualization: The green and red highlighted zones on the pricing chart offer an intuitive, at-a-glance understanding of market conditions.