SPDR S&P 500 ETF (SPY)
Target Reached on GMETV Followers, TV has taken down and removed quite a few of my posts/videos due to my QR tag being embedded in them. I was then subsequently suspended for a few days. So, I wanted to come back and just update you on a few of those posts that were removed. GME was one of them. GME reached the W-pattern target and has entered a large liquidity block. I have decided to sell here a few days ago for some nice profit. My signal has not flashed red yet, but I wanted to capture those nice gainz while I had them.
I implemented my new indicator into my trading process in September of this year. Since that time we have not had a single loss recorded on our stock tracker! ZERO! None. All wins. Currently, we are in floating profit on all stock trades and killing it! Congrats to those who are following me in these trades.
Our average time in each stock trade is around 17 days. This is exactly where I want to be in order to give you all the time to enter the trades and exit as I post my signals.
To tell you the truth, we are doing much better than I imagined and are even beating our rate of profit on the crypto tracker! We have 12 exits for 12 wins, and the current trades will all exit in profit, equalling a 100% win rate over the last two months.
I knew I had stumbled across something remarkable when I accidentally found my indicator combo while studying the charts. I am super excited about what the future holds for all of us!
Today, I have raised the stops on all of my stock entries. I feel we may be starting to get a bit over-heated. I want to capture those profits while I have them.
Best,
Stew
SPY/QQQ Plan Your Trade For 11-8 : Counter-trend RallyHappy Friday everyone,
Today's SPY Cycle Pattern is a Rally in Counter-trend mode.
I interpret this as a moderate downward price trend for the SPY - possibly pulling the SPY into the GAP created after yesterday's opening GAP rally.
I got into deep detail related to the potential anomaly event setting up over the next three weeks for the SPY & QQQ in this video.
I also go into a fairly deep analysis of Gold and Silver - relating my expectations and how these moves align cleanly with an inverted Excess Phase Peak pattern.
And, I even go into broad detail for BTCUSD and how I see multiple aligned Excess Phase Peak Patterns setting up to drive big trends over the next 3-4 weeks.
As I stated near the end of this video, the next 5-7+ years are going to be filled with opportunity. I suggest everyone get ready for the biggest opportunity of your life.
I hope you enjoy my videos and research. I know some of you have already experienced tremendous success following my research.
I'm urging to you consider the opportunity that will be available as the markets continue to trend through my window of opportunity - and how you want to try to profit from these moves.
Remember, the markets will always be there - but these opportunities are unique to the next 5-7+ years.
Get some.
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Can AMD hit 240 USD in Q1 2025? 100% BUY/HOLD for the bulls.🔸Time to update the AMD trade setup, this is a speculative bull flag
with pole setup in progress, with 100% upside potential.
🔸AMD massively trailing behind NVDA entire year in 2024, expecting
AMD to catch up next few months. Currently price action compressing
withing bull flag, based on measured move projection expecting price
target is 240 USD, so this 100% upside from the entry price for the bulls.
🔸Recommended strategy bulls: expecting pullback to complete near 120 USD in December going into holiday seasons, limited downside beyond 120 USD. BUY/HOLD near 120 TP bulls is 240 USD, which is 100% upside. Expecting target to get hit in Q1 2025. good luck traders.
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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.
2024-11-07 - priceactiontds - daily update - sp500Good Evening and I hope you are well.
tl;dr
sp500 e-mini futures - Neutral. All bullish targets are met for me and I will not long anything above 5980 anymore. Too early for shorts, wait for bears to come around with force. Blow-off top with 6050 or 6100 is not out of the question, so best to join on momentum or sit on hands. Next big points will be made to the downside.
comment: All my bullish targets are now met and I would not look for longs above 5980. I got one more measured move higher to 6160 but that’s just beyond insane to expect this to be hit. But so was 6000 and here we are. All bubbles burst eventually, so will this.
current market cycle: bull wedge
key levels: 5720 - 6013
bull case: Bulls got 6000 and now want to continue and make this look like a real breakout above the bull wedge to trap many weak traders into longing this above 6000 and make them exit liquidity. At least that’s what I see potentially happening here. No interest in longs up here or looking for arguments for bulls. This is the biggest bubble there ever was. Next big points will be made to the downside.
Invalidation is below 5720.
bear case: Bears still don’t have much. The selling will start once enough bulls begin to take profits. Market is trying again to break above a multi week bull pattern and those rarely succeed. Don’t try to be an early bear and burn your account. This could easily go 50-100 points higher before turning. Measured move down from 6000 to 5730 leads exactly to the September low, where the bull trend line started. If we hit that price in 2024, you read this here first.
Invalidation is above 6050.
short term : Neutral. Scalps only for me until bears come around big time.
medium-long term - Update from 2024-10-13: Very rough guess for the remaining trading weeks in 2024. Spike up, decent correction (~10%), nasty (blow off top) year end rally if earnings hold in Q4. Don’t trade based on that guess.
Update 2024-11-07: Blow-off top happening right now and 6013 could be the end of it, I don’t know. Next comes the correction before bulls try another run at the highs during santa rally.
current swing trade: Nope
trade of the day: Buy anwhere. Again. 1h 20ema not touched since Tuesday. Trends do not get stronger than this.
Fibonacci/Gann & 3-6-9 Chart Play: The TOP may be IN I was trying to identify if/how the market may be topping in relation to the post-election rally phase and started with a blank Daily SPY chart.
After drawing a few line of the chart, I started with an idea that Broad market pullbacks may be the key to identifying/timing market expansion phases (coupled with a bit of logic).
This video highlights this theory going back to 2018 and examines a number of price pullback trends as well as Fibonacci Timing structures related to Fibonacci Price Expansion blocks.
I think you will find this very useful as I continue to delve deeper into the 3-6-9 structure, polarity shifts (binary shifts) and trying to unlock the secrets of price trends/extensions.
Hope you enjoy...
Oh.. and it looks like the US markets are about to top if my research is correct.
Get some.
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SPY/QQQ Plan Your Trade For 11-7 : Rally Pattern DayGood morning,
Although I would argue the post-election rally may already be moving into exhaustion, the SPY Cycle Patterns suggest today is a Rally pattern in Trending mode. So, I expect the markets to attempt a bit of a carryover rally phase today - moving into a Counter-trend Rally pattern tomorrow.
That counter-trend rally pattern suggests the markets will try to find a peak/top and roll downward into the close of the week.
Gold and Silver appear to be basing with a potential for another move downward today - retesting recent lows. Based on my estimate related to Fibonacci Time Cycles, I believe Metals is looking for a momentum base to rally off of. Thus, I suggest traders prepare for a big move upward in Gold and Silver over the next 4 to 7+ trading days.
Bitcoin is still in a Bullish trending phase after breaking into new highs. Today, I spent quite a bit of time going over the Excess Phase Peak pattern related to how the price is trending and what to expect.
It is critical to understand that the markets will move away from this post-election relief rally phase over the next week or so. Ultimately, what has changed is that we have a new POTUS with new policies and objectives in 2025. Right now, everything is still pretty much the same as it was last week.
Volatility is still high and I urge traders to stay cautious. The time for adding more liquidity will come after November 25-30.
Remember, the number 1 rule for traders is to Protect Capital. You can still trade, just trade much smaller allocation levels for now.
We are about to move into a period of moderate consolidation. Sit back and wait out this sideways trend. The real opportunity will come after November 25-30.
Get some.
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$SPY up to $614 as final blow off top move?I initially thought we'd see a move down of 5%-10% pre election. I played the move through AMEX:UVXY calls.
We didn't end up seeing the full move play out that I had expected, but was able to capitalize on the move down yesterday when AMEX:UVXY was above $30. I sold all my calls yesterday as I expected downside to only be possible prior to Nov 1. So far, it's looking like that was a good call as we're starting to see a bounce today.
Now that we've in November, I expect a bullish move to play out through the election and after for a final blow off top.
I think it's likely that we see a move to $614 over the next two weeks.
I'll be buying $600C today for 11/15 to try to capitalize on this move higher.
Let's see if it plays out.
Accelerating Ahead: Is Now the Time to Invest or Should You WaitOverview: Tesla Inc. (NASDAQ: TSLA)
Current Price: $288.53 (as of November 7, 2024)
Sector/Industry: Consumer Discretionary / Automobiles
Tesla has been on a remarkable upward trajectory, reaching new highs. Investors are now contemplating: Is it prudent to enter at current levels, or should one wait for a potential pullback to optimize the risk/reward profile?
Key Levels and Price History
52-Week Range: $180.00 - $288.53
One-Month Range: $250.00 - $288.53
Support Level: $270.00
Resistance Level: $300.00
Upcoming Dates to Watch
Next Earnings Date: January 25, 2025
Dividend Payment Date: N/A (Tesla does not currently pay dividends)
Ex-Dividend Date: N/A
Valuation and Metrics
P/E Ratio: 68.84 (above industry average)
Free Cash Flow:
Recent Quarter: $2.5 billion
TTM: $10 billion
Dividend Yield: N/A
Institutional Holdings: 55%
Short Interest: 3% of float
Recent Price Action & Technical Indicators
Weekly Trend: +5%
Monthly Trend: +10%
RSI: 65 (approaching overbought territory)
Moving Averages:
50-Day: $260.00
200-Day: $220.00
MACD: Positive divergence, indicating upward momentum
The RSI nearing overbought levels suggests caution, as a pullback may be imminent.
Comparative Valuation
P/E Ratio (TSLA): 68.84 vs. Industry Average: 20.00
P/B Ratio (TSLA): 15.00 vs. Industry Average: 3.00
EV/EBITDA (TSLA): 40.00 vs. Industry Average: 10.00
Tesla's premium valuation underscores its growth potential but also indicates higher risk if market sentiment shifts.
Growth & Financial Health
Revenue Growth (3-Year CAGR): 30%
Projected Revenue Growth (Next 2 Years): 25% annually
Debt-to-Equity Ratio: 0.5 (moderate leverage)
Cash Reserves: $20 billion
Current Ratio: 1.8
Notable News & Social Sentiment
News Highlight: November 6, 2024 – Tesla announced a strategic partnership with a leading battery manufacturer, boosting investor confidence.
Social Buzz: Positive discussions on platforms like Twitter and Reddit, with investors optimistic about Tesla's future prospects.
Competitive Comparison
Ford Motor Company (F): $10.55, P/E 15.00, Revenue Growth 5%
General Motors Company (GM): $45.20, P/E 10.00, Revenue Growth 3%
Investment Analysis: Entry Now or Wait for a Pullback?
1. Entry at $288.53 (Current Price)
Target Price (TP): $320.00
Potential Upside: $320.00 - $288.53 = $31.47
Percentage Gain: ~10.90%
Stop Loss (SL): $270.00
Potential Downside: $288.53 - $270.00 = $18.53
Percentage Loss: ~6.42%
Risk/Reward Ratio: 10.90% (reward) / 6.42% (risk) ≈ 1.70
Entering at $288.53 offers a moderate risk/reward ratio, with potential gains outweighing potential losses. However, the proximity to overbought RSI levels suggests a cautious approach.
2. Entry at $270.00 (Wait for Pullback)
Target Price (TP): $320.00
Potential Upside: $320.00 - $270.00 = $50.00
Percentage Gain: ~18.52%
Stop Loss (SL): $250.00
Potential Downside: $270.00 - $250.00 = $20.00
Percentage Loss: ~7.41%
Risk/Reward Ratio: 18.52% (reward) / 7.41% (risk) ≈ 2.50
Waiting for a pullback to $270.00 provides a more favorable risk/reward ratio, offering greater potential gains relative to potential losses. This strategy aligns with a more conservative investment approach.
Price Forecast Scenarios
Optimistic: $320.00 (assuming continued bullish momentum)
Neutral: $300.00 (aligning with current resistance levels)
Pessimistic: $250.00 (testing lower support levels)
Conclusion
Tesla's recent performance reflects strong growth and positive market sentiment.
Aggressive Entry (Today's Price, $288.53): Offers potential for short-term gains but carries higher risk due to near overbought conditions.
Conservative Entry (Pullback to $270.00): Provides a better risk/reward balance, ideal for those seeking a more cautious approach.
Verdict: While both strategies have merit, waiting for a pullback to $270.00 offers a more balanced entry point, allowing investors to capitalize on Tesla's growth potential with reduced risk.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk. Always conduct your own research and consult with a financial advisor before making any investment decisions. Use this information at your own risk; I am not responsible for any outcomes that do not align with expectations.
Navigating the Surge: Entry Now or Await a Pullback ?Overview: NVIDIA Corporation (NASDAQ: NVDA)
Current Price: $146.43 (as of November 7, 2024)
Sector/Industry: Technology / Semiconductors
NVIDIA has experienced a significant surge, reaching new highs. Investors are now contemplating: Is it prudent to enter at current levels, or should one wait for a potential pullback to optimize the risk/reward profile?
Key Levels and Price History
52-Week Range: $108.13 - $146.43
One-Month Range: $130.25 - $146.43
Support Level: $135.00
Resistance Level: $150.00
Upcoming Dates to Watch
Next Earnings Date: December 15, 2024
Dividend Payment Date: December 20, 2024
Ex-Dividend Date: December 5, 2024
Valuation and Metrics
P/E Ratio: 65.55 (above industry average)
Free Cash Flow:
Recent Quarter: $1.5 billion
TTM: $6 billion
Dividend Yield: 0.02%
Institutional Holdings: 70%
Short Interest: 3% of float
Recent Price Action & Technical Indicators
Weekly Trend: +5%
Monthly Trend: +10%
RSI: 68 (approaching overbought territory)
Moving Averages:
50-Day: $140.00
200-Day: $125.00
MACD: Positive divergence, indicating upward momentum
The RSI nearing overbought levels suggests caution, as a pullback may be imminent.
Comparative Valuation
P/E Ratio (NVDA): 65.55 vs. Industry Average: 30.00
P/B Ratio (NVDA): 20.00 vs. Industry Average: 8.00
EV/EBITDA (NVDA): 40.00 vs. Industry Average: 15.00
NVIDIA's premium valuation underscores its growth potential but also indicates higher risk if market sentiment shifts.
Growth & Financial Health
Revenue Growth (3-Year CAGR): 25%
Projected Revenue Growth (Next 2 Years): 20% annually
Debt-to-Equity Ratio: 0.3 (moderate leverage)
Cash Reserves: $10 billion
Current Ratio: 2.5
Notable News & Social Sentiment
News Highlight: November 6, 2024 – NVIDIA announced a strategic partnership with a leading cloud provider, boosting investor confidence.
Social Buzz: Positive discussions on platforms like Twitter and Reddit, with investors optimistic about NVIDIA's future prospects.
Competitive Comparison
Advanced Micro Devices, Inc. (AMD): $145.07, P/E 40.00, Revenue Growth 30%
Intel Corporation (INTC): $24.95, P/E 15.00, Revenue Growth 5%
Investment Analysis: Entry Now or Wait for a Pullback?
1. Entry at $146.43 (Current Price)
Target Price (TP): $160.00
Potential Upside: $160.00 - $146.43 = $13.57
Percentage Gain: ~9.27%
Stop Loss (SL): $135.00
Potential Downside: $146.43 - $135.00 = $11.43
Percentage Loss: ~7.80%
Risk/Reward Ratio: 9.27% (reward) / 7.80% (risk) ≈ 1.19
Entering at $146.43 offers a moderate risk/reward ratio, with potential gains slightly outweighing potential losses. However, the proximity to overbought RSI levels suggests a cautious approach.
2. Entry at $135.00 (Wait for Pullback)
Target Price (TP): $160.00
Potential Upside: $160.00 - $135.00 = $25.00
Percentage Gain: ~18.52%
Stop Loss (SL): $125.00
Potential Downside: $135.00 - $125.00 = $10.00
Percentage Loss: ~7.41%
Risk/Reward Ratio: 18.52% (reward) / 7.41% (risk) ≈ 2.50
Waiting for a pullback to $135.00 provides a more favorable risk/reward ratio, offering greater potential gains relative to potential losses. This strategy aligns with a more conservative investment approach.
Price Forecast Scenarios
Optimistic: $160.00 (assuming continued bullish momentum)
Neutral: $150.00 (aligning with current resistance levels)
Pessimistic: $125.00 (testing lower support levels)
Conclusion
NVIDIA's recent performance reflects strong growth and positive market sentiment.
Aggressive Entry (Today's Price, $146.43): Offers potential for short-term gains but carries higher risk due to near overbought conditions.
Conservative Entry (Pullback to $135.00): Provides a better risk/reward balance, ideal for those seeking a more cautious approach.
Verdict: While both strategies have merit, waiting for a pullback to $135.00 offers a more balanced entry point, allowing investors to capitalize on NVIDIA's growth potential with reduced risk.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk. Always conduct your own research and consult with a financial advisor before making any investment decisions. Use this information at your own risk; I am not responsible for any outcomes that do not align with expectations.
75% gains TSLA Best Level to BUY/HOLD🔸Hello traders, today let's review 12hour price chart for TSLA.
Recently we gapped up on higher volume, we got two liquidity
gaps below market overall this indicates strength, having said
that there is heavy fresh overhead supply zone so expecting pullback.
🔸Fresh supply zones at 400/375/305 usd will provide liquidit for
a potential pullback in TSLA. fresh demand zones located below market
at 230/235 usd and 190 usd. most likely limited downside below fresh
liqudity at 230/235 usd.
🔸Recommended strategy bulls: expecting measured move pullback
once we trigger fresh supply zone near 300/305 usd, bulls should
wait for the pullback to trigger fredh demand/liquidity zone at/near
230/235 USD. BUY/HOLD after pullback TP1 375 USD TP2 400 USD.
75% gains potential for patient traders. 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.
Mid To long term projection of the SPYGiven Donald Trump's recent victory, the market has felt an optimistic boost. This excitement, could be enough to overcome the current economical warnings that have been prevalent in the previous months. It's impossible to know if these excitements will be enough to send the market into a new and strong rally into overextended territories, or if the market will continue to complain about unaffordable housing, and sustenance.
The future is always an unknown variable, however random variables do tend to follow their own distributions to a certain degree. It is always possible for exceptions to occur which prompt price action to get excited at already expensive prices. However, it is intelligent to always take a degree of caution when purchasing expensive securities which are still increasing in price. In these scenarios I suggest waiting for price corrections before purchasing and purchase in small amounts as price decreases to be able to purchase more at lower prices aka cost average.
Given Trumps popularity, it's possible that people will become optimistic about the near future, however Trump still has a lot of rivals, which will stop at nothing to fulfill their agenda. The president will be faces with many new challenges these coming 4 years. I wish him the best of luck as he writes history once more.
May God bless the future of America, its allies and it people. It's time to see the world change once more.
2024-11-06 - priceactiontds - daily update - sp500Good Evening and I hope you are well.
tl;dr
sp500 e-mini futures - Same here, 2 daily bars engulfing 2 months price action and market tested the upper bull wedge line for a new ath. We are close enough to 6000 that we can expect it to get hit, everything else would be a huge surprise to me. Can you short 6000? Not blindly, market mostly needs a double top or more at these levels before it gives up on it. If bears get below the 1h 20ema, I start thinking about not being bullish anymore, until then it’s peak euphoria.
comment: Huge day for the bulls, right to or through the upper bull wedge line, depending on how you want to draw it. 6000 is the target and bulls will not stop until we have printed it. Bears can’t seriously expect this to stop before so that is why most of today's price action was bears giving up. We need some time around 6000 to find out how many bulls want to buy that price or if we see an immediate profit taking and reversal down. For now the bull wedge is still alive and the best pattern we have. 6000 would be a bit of an overshoot and those can reverse very fast and they like to test down to the other extreme, which would be 5800ish.
current market cycle: bull wedge
key levels: 5730 - 6000
bull case: Bulls want 6000. Don’t make this more complicated. Market has not touched the 1h 20ema since yesterday’s US open. As long as it is not broken, only look for longs until we hit 6000.
Invalidation is below 5730.
bear case : Bears don’t have much. Complete giveup from since yesterday and they will try again at 6000. If they somehow manage to print a decent 1h bear bar below the 20ema tomorrow, their case would get better. For now they don’t have one.
Invalidation is above 6050.
short term: Max bullish for 6000 as long as 1h 20ema holds.
medium-long term - Update from 2024-10-13 : Very rough guess for the remaining trading weeks in 2024. Spike up, decent correction (~10%), nasty (blow off top) year end rally if earnings hold in Q4. Don’t trade based on that guess.
current swing trade: Nope
trade of the day: Buy anwhere.
NQ breaks to new highs. Markets reacting to Election ResultsThis upward trend seems to have some momentum today. I'm not suggesting traders chase this rally and hold anything overnight, but I am seeing new highs on the ES/NQ charts, and IWM and other sectors are rallying to new ATHs today as well.
This shows the scale of capital sitting and waiting for the election to play out. Traders were very concerned with the election outcome.
At this point, I consider this rally phase a bit overcooked. The ES and NQ will likely continue to try to push higher as we move into the Santa Rally phase, but as a trader, I would be cautious of any overreaction to the election results.
My best advice for my followers is to continue trading in minimal quantities unless you can handle taking huge lumps/losses over the next 3 to 4 days.
The US markets will settle into next week, and after this emotional price move subsides, we'll start to trend based on more logical economic data.
There will be some huge opportunities for skilled traders over the next 5+ months. Get ready.
Get some.
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IWM: Cup, Handle, and a Bullish GambleAMEX:IWM
Original Chart :
Been eyeing IWM lately, and honestly, this setup has the kind of potential that could get even the most cynical trader to sit up and pay attention. We’re looking at the *beginning* of a cup-and-handle-esque pattern so pristine it belongs in a TA textbook—classic accumulation followed by consolidation, like the bulls are quietly gearing up for something big. But here’s where it gets even more interesting: with the recent US election in the rearview and a lineup of Fibonacci extensions and moving averages all pointing in the same direction, this setup is practically begging for a breakout. Let’s dive into the details.
Fibonacci Extensions and Price Targets
Let’s talk targets. I’m looking at $315 and $365 based on Fibonacci extensions, and yes, that $365 target might sound ambitious, but hear me out. Fibs are like the star charts for traders—rooted in math, mystical enough for Twitter hype, and strangely accurate. $315 is the conservative target, sitting right around the 100% extension, where we might see price take a breather. But the real spotlight is on $365, the 200% extension level, which could be where we end up if this breakout goes full send. If Fibonacci levels have taught us anything, it’s that the universe loves a good price projection.
Moving Averages and the Golden Cross
Then there’s the 50-day and 200-day moving average crossover—the infamous “golden cross,” which might sound like something out of an Indiana Jones movie, but actually just signals bullish momentum. We’ve got price hanging above both moving averages, a classic recipe for sustained upward trends. Historically, this setup has a decent track record of making bulls look smart, and right now, it’s flashing green like a big, neon sign saying, “This way to higher prices.”
Volume Profile and Key Levels between $200-$240
The Volume Profile is where things get interesting. That $200-$240 range is showing a massive amount of trading activity, acting like a gravity well for price. If IWM revisits this range and bounces around $235, that’s our green light for lift-off. This is the make-or-break level—the battleground where bulls and bears duke it out. Here’s the nuance: if price *rejects* $235 and consolidates, that’s what would actually form the handle of this cup-and-handle setup, setting the stage for a later breakout. If $235 holds, we’re looking at a more direct path upwards. If not, well… it might be time to rethink the moonshot narrative.
Mapping Out the Bullish Scenarios
So, we’re left with two paths. Path one is the steady grind up to our targets, where IWM just slowly marches its way to $315 and then potentially $365, no drama, just smooth sailing. Path two is the extended consolidation phase in the $200-$240 range through most of 2025, creating that classic “handle” structure. Think of it as the market getting in some much-needed cardio before the sprint. By end-Q1 2025, we should know which scenario is unfolding based on whether we hold above that $235 line.
Curious to see if anyone else is seeing the same potential here. The combination of a cup-and-handle formation in the works, Fib extensions, and moving averages feels like a recipe for something substantial, but I’m always down to hear different perspectives. Are you all vibing with the $365 target, or is that too much hopium?
Election Rally Sets Up Big REVERSION Shift - Stay CautiousThis quick video was initiated to show you how the ES/NQ are setting up new #2 Excess Phase Peak patterns after the overnight rally.
Then I took a look at Gold/Silver.
We are seeing a very broad shift into a reversion phase where the markets may move into a PANIC type of DEEP-V low over the next 48+ hours.
The move in metals (related to the US Dollar rally), will likely result in a DEEP-V base/bottom - prompting a fairly strong recovery/rally phase in metals over the next 2+ weeks.
Take a look at what happened during the COVID crisis. The same type of PANIC selling/shift took place then.
The Dollar rallies on expectations/policy/or a crisis. This puts very strong pressure on Metals.
Then, the markets settle into a reasonable expectation (post-event) and the US Dollar settles. But metals have been deeply undervalued because of the PANIC selling.
Metals then move strongly back to the upside - removing to the pre-crisis price level, then move even higher as metals attempt to hedge risks related to the post-event/crisis economy.
Get ready. This could be one of the biggest opportunities of your life.
Get Some
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SPY/QQQ Plan Your Trade For 11-6 : Breakaway Post-ElectionWow. All I can say is WOW.
Keeping a different schedule related to the markets had me in bed at about 9PM California time. Yea, I missed most of it last night. But my wife woke me up at midnight to tell me who won.
When I got up this morning (early) and checked the markets, it sure looked like the world voted in favor of the Trump win, with a solid 2-3% rally overnight.
This is where things start to get very interesting.
We have about 70+ days until the inauguration (Jan 21, I believe). Between now and then, the US and global markets will attempt to shift towards new policies and expectations.
Part of this will come from news, but much of it will come from policy expectations.
Some sectors will shift direction. Others will extend existing trends.
Smart traders should prepare for opportunities that align with their interests and realize that we are looking at some real risks over the next 4+ years.
What I will state is I continue to believe the next 5-7+ years are the greatest opportunity of your life.
Watch my video and buckle up. The markets are seeking a new base/frequency to transition into shifting expectations.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold