SPY/QQQ Plan Your Trade For 1-8-25: RALLY patternPlease take a few minutes to watch this entire video.
I spent quite a bit of time trying to explain to all of my followers why the markets are struggling to find a trend and why the volatility has been so excessive over the past 3+ months.
Simply put, the markets are trying to reprice a Trump Economy (changing from a Biden economy).
In my opinion, the new Trump economy will still be decent/good - but there will be changes and the US Fed is still trying to borrow based on past data - which traders no longer believe is going to be valid reflecting future US economic/policy actions.
Thus, yields are rising as investors demand MORE PROTECTION against unknowns.
And, THAT is one of the primary reasons why the US Dollar and Yields are really driving most of this market volatility.
Again, simply put, investors/traders are unsure of what the future US/global economy looks like (specifically with Trump suggesting he is going to "streamline" the US government/agencies, and fix the US BLOAT). To many people, that is a big unknown.
I do believe today's Rally phase in the SPY/QQQ, as well as the Rally phase in Gold, will resolve to the upside. Yesterday's move was, IMO, another "washout low".
We'll see how things play out today and see IF we get a RALLY move in the markets.
Bitcoin rolled downward right at the dual Flag levels - just as I suggested. Now we'll see Bitcoin roll back towards recent lows - trying to identify support, or break downward - targeting the $72k I suggested would be the next lower level.
Get some.
Stay ahead of these markets and remember to trade efficiently (BOOK PROFITS).
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
SPDR S&P 500 ETF (SPY)
Nightly $SPX / $SPY Predictions for 01.08.2025🔮
📅 Wed Jan 8
⏰ 8:15am
🧑🌾 ADP Non-Farm Employment Change: 139K (prev: 146K)
⏰ 8:30am
📊 Unemployment Claims: 214K (prev: 211K)
🎙️ FOMC Member Waller Speaks
⏰ 10:30am
🛢️ Crude Oil Inventories: -1.8M (prev: -1.2M)
⏰ 2:00pm
📜 FOMC Meeting Minutes
📈 GAP ABOVE HPZ:
Slight rally higher and then chop out.
📊 OPEN WITHIN EEZ:
A little more upside and then faced by some old-fashioned bearishness.
📉 GAP BELOW HCZ:
Everyone will eat up this drop; definitely look to position bullish here.
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
$DATS and $HOTH largest two gainers of entire stock market todayImagine two +360% vertical stocks 🚀🚀 while rest of the market crashes
Imagine no more, that was reality today!
Today's 2 trades were the hottest two stocks of the entire market
NASDAQ:HOTH and NASDAQ:DATS with buy alerts before they went up 363% and 376% on over $1 Billion USD volume each
Now you know where all the bulls went today 📈
This further proves our strategy is able to generate big wins no matter the market circumstances!
🖐️ 5 Buy Alerts - 5 Wins yesterday
✌️ 2 Buy Alerts - 2 Wins today
Perfect week so far, let's keep it going!
Market Open Update: ES Buy Zone Here? APEX Trade of the DayHere's our APEX Trade of the Day!
The ES provided us with a healthy pullback providing a re-buy zone around the $5975 - $5982. We can use this as an overall market gauge to see some pushes higher in our trades that we have shared!
If you have seen them yet, be sure to follow for more as we can analyze the Market and finding what's available as to get positions in as we move forward into 2025!
Connect with us to stay tuned for more at @MyMIWallet #MyMIWallet
I just created this $300 Million dollar push in the market $HOTHOops?
Stock doubled in minutes causing huge losses to shortsellers and awesome wins to everyone who bought because of my alert
Volume went from 100 million shares to 270 million shares, stock went from $1.70 to $3.80 both within an hour 🔥
We're just getting started, shortsellers we're coming for you in 2025!
SPY/QQQ Plan Your Trade For 1-7-25 : Counter Trend BreakawayToday's pattern suggests the markets will move upward (counter-trend) in an attempt to move into the RALLY, RALLY, RALLY phase closing out this week's price action.
I suggest traders prepare for what may become a fairly explosive upward trend over the next few days - but stay fairly cautious as unexpected news may derail price trends a bit.
We are still moving into the early 2025 liquidity flood - where traders who pulled capital away from risks in late 2024 are starting to move back into the markets. We are also moving into Q4:2024 earnings data (in about a week or so). So there are still lots of opportunities for big trends.
I'm watching to see if the markets attempt to move to new All-Time Highs again - which I believe is a highly probable outcome.
If my research is correct, we are going to move into that RALLY, RALLY, RALLY phase very cleanly today and tomorrow.
Gold and Silver are moving higher again - which is great to see. Today is a RALLY day on my Gold Cycle Patterns. Could be a great opportunity for skilled traders in Metals this week.
Bitcoin has reached that DUAL FLAGGING zone. In other words, stay cautious at this point.
Volatility will likely increase for Bitcoin and I believe the most likely outcome will be to attempt to move back downward after reaching this dual flagging zone. We'll see what happens next.
Remember, we are just starting 2025, so you have lots of time to try to identify opportunities throughout the year. Your goal as a trader is to find the best opportunities to BOOK PROFITS. The more you are able to BOOK PROFITS, the more likely you are to GROW YOUR ACCOUNT.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
SPX JAN 7 2025| READ DESCRIPTION |Here we need to understand the power of money & risk management.If it goes to 6200 from here then our RR is just 1: 1.08 .
The RR is the heart & soul of a trade. One should be discplined enought to understand this & if you are not getting minimum 1:2 & I have used the word minimum, then there is no point taking that particular trade.
You need to think what if a trade goes against me?
Always be open to both sides understanding the RR
If you are not following RR & rules then this business will eat all your wealth
You mind is actually the most powerful thing in the world.
Nightly $SPX / $SPY Predictions for 01.07.2025🔮
📅 Tue Jan 7
⏰ 10:00am
📈 ISM Services PMI: 53.5 (prev: 52.1)
📋 JOLTS Job Openings: 7.73M (prev: 7.74M)
💡 Market Insights:
📈 GAP ABOVE HPZ:
If we gap above here, it’s going to bait a lot of traders by a drop.
📊 OPEN WITHIN EEZ:
A little more upside and then will be faced by some old-fashioned bearishness.
📉 GAP BELOW HCZ:
Will cause a chop as people try hedging slightly but keep an upside thesis as people hedge extremely fast.
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
My Current Market Sentiment Through March 2025 Hello Trader Fam,
In this video I am covering my current market sentiment through March or even April of this year. Along with this, we'll take a closer look at the dollar, the vix, the spy, NVIDIA, U.S. Oil, and Crypto - (Bitcoin, Dominance, Solana, Solana memecoins, AI genned memecoins, etc.). We'll talk a bit about my indicator and what it is showing us and why it has me leaning bullish but why I am cautious with Bitcoin in the lead.
✌️Stew
SPY/QQQ Plan Your Trade For 1-6-25 : Inside BreakawayToday's pre-market RIPPER RALLY somewhat invalidates the "Inside" part of any Inside Breakaway pattern. But, this rally mode in price validates what I've been suggesting for more than 3 weeks now - that the markets would settle after the new year and start to move into a rally phase before the Presidential Inauguration event.
Today's rally in metals and the SPY/QQQ suggests traders are eager to see the Q4:2024 results and are starting to PILE INTO the US equities markets after a very volatile end to 2024.
Even though 2024 was a banner year for the SPY (up over 20% YoY), December was very difficult for many traders. Aren't you glad you listened to my advice and moved to 80-85% CASH back on October 25 and avoided all this chaos?
As we start this week, I want to warn you that trades will be fairly quick in terms of "making up for lost ground". I believe quite a bit of the market's movement will take place overnight and pre-market. We'll still see some trending throughout the US regular trading session - but I believe the bigger moves will take place after hours in most cases.
Remember, foreign capital will be pouring into US assets for safety and security over the next 3-6+ months.
Gold and Silver will act as a hedge against perceived risks and I believe Gold will make a rally attempt above $2800 in early 2025. Silver.. Well, Silver is about to see an explosive move to levels above $35 in my opinion.
Bitcoin is still struggling to break away from this sideways price range. I believe the real struggle will materialize in about 24 to 48 hours as Bitcoin reaches an overlapping consolidation phase (almost like a Flag Apex). This is where I believe big volatility will hit for Bitcoin.
Get some..
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
1/6 Weekly Watchlist + NotesIndexes - SPY had a really interesting start to the year this past week. For starters, we went 2-1-2d and hit magnitude on Thursday before seeing price retrace back through all of the weeks previous range before making new weekly highs, and closing green. We now have 1-2-2U potential on all indexes, as well as a LOT of names off my scanner. Its also worth noting that we poked through previous month lows on all indexes before seeing a reversal back into previous range. This now opens up the potential for outside months on all indexes (AKA engulfing bars) which will be evidenced by our weekly setups triggering the 1-2D-2U and targeting the previous month's midpoint on all indexes to trigger the SSS50% rule (Which essentially says when you break one side of previous range and then retrace more than 50% of the previous candles range, you are now closer to taking out that other side than you are to reclaiming the side that was already taken out. It doesn't necessarily mean price is more likely to go to the other side, but it does mean that there is less room to the other side than their is to the one side broken, which means it is fundamentally less difficult to achieve since it would require less effort from one group (in this case buyers) to reclaim one side vs the effort it would take the other group (Sellers) to reclaim the level broken already.
This week it is evident we have all the setups and evidence needed to start heading back towards ATH on the indexes, but it will depend on whether we can actually take out previous week highs, and then remain above them. Simply put, if price is above previous week highs, we are seeing an attempt to reclaim the previous weekly highs all the way up to ATH. If we break above previous highs and fail to stay above, then we are seeing a failed attempt from buyers, and we can look to target previous week lows. If inside week, we just rely on what is happening each day to see where daily participants are attempting to take price. If price is stuck inside previous week range, trade something that isn't.
The watchlist for the week will include the best bullish setups, and also looking for relative weakness in what is currently a strong market (as evidenced by the majority of stocks on all indexes being green on the previous day and week).
Bullish:
NYSE:LUV - Big hammer daily that took out a lot of daily pivots below on friday. Hammer week as well, but having mother bar issues on the week as well as M being inside despite large drawdown Friday. Sort of expecting a big move or big fail this week.
NASDAQ:AMD - Revstrat hammer week at M/Q Exhaustion level
NASDAQ:SMCI - 2-2U weekly to counter M going 2D. Daily BF looking to expand. (played this 2 weeks ago for downside, now we have evidence to go long back through range)
NYSE:NET - 3-2U W to target ATH
NASDAQ:MSFT - 2-1-2U D to trigger W hammer 2-2 to negate monthly 2-2 rev. Daily PMG as well
Bearish:
NYSE:KO - 3-1-2d shooter D, 2-1-2 W, 2-1-2 M. 3 Actionable signals that could all trigger and hit targets easily this week, if not all on Monday alone
NYSE:DG Revstrat shooter W to trigger monthly 2-2D. Nice weekly Broadening Formation
NASDAQ:DLTR - Failed 2U Week that triggered SSS50% rule. Looking to quickly drop back through previous range to take this month failed 2U to 3. DG also looking weak so slight industry support here too.
Neutral:
NASDAQ:AVGO - 2x Inside week. No daily AS, but seemingly making a new BF within the combined range of the 2 days after their recent ER. Weekly participants lacking control since then and currently showing evidence of sellers trying to take out LOD from ER gap up day. Can trade this either way since compound inside bars typically result in outside bars following.
Nightly $SPX / $SPY Predictions for 1.6.2024🔮
📣 Corporate News:
💻 Nvidia CEO's CES Keynote (Mon) on AI & Semiconductor Tech
🗓️ Schedule Note:
Markets Closed Thu 🇺🇸 in honor of former President Jimmy Carter
📅 Tue Jan 7
⏰ 10:00am
📈 ISM Services PMI: 53.2 (prev: 52.1)
📋 JOLTS Job Openings: 7.77M (prev: 7.74M)
📅 Wed Jan 8
⏰ 8:15am
🧑🌾 ADP Non-Farm Employment Change: 131K (prev: 146K)
⏰ 8:30am
📊 Unemployment Claims: 210K (prev: 211K)
⏰ 2:00pm
📜 FOMC Meeting Minutes
📅 Fri Jan 10
⏰ 8:30am
💰 Average Hourly Earnings m/m: 0.3% (prev: 0.4%)
👷 Non-Farm Employment Change: 154K (prev: 227K)
📉 Unemployment Rate: 4.2% (prev: 4.2%)
#ces #trading #foryou #shorts #stockmarket #finance #daily NASDAQ:NVDA
Doge Showing BUY signal While Using Easy Machine Learning Method
TL:DR
Currently Analyzing DOGE because one of my clients asked me to create a customized indicator and parameter set for him, and these are the results. Long story short, a backtest shows that the custom indicator and parameter set will yield 7000%+ profit compared to buying and holding DOGE which only resulted in 400%+ profits. According to that indicator, DOGE is currently in another buy state. Let me walk you through how I did it, the details and nuances, and next steps. Please let me know if you agree or disagree with me. I have a breakdown of the script and here is the link for it:
www.tradingview.com
Here is my general process for validating whether a script will be successful:
1) Determine performance vs buy and hold
In the world of technical analysis, you must have a benchmark to compare your results to. Depending on your goals, that benchmark can vary. For my goals, I believe it makes sense to compare indicators directly to the buy and hold scenario, but in some scenarios, it makes sense to use other metrics to compare your indicator against (I'll discuss this in a future post.)
When comparing your indicator to a buy and hold, I PREFER to use a 100% order size and this is obviously UNREALISTIC because there aren't many traders who dump 100% of their equity into a single investment. However, because I am doing a comparison test, it is important to max out the indicator since we are comparing it directly to the buy and hold. Similarly, we don't add in any trade costs, which mean I am neglecting the commission, fees, and slippage, which again show this is unrealistic. Again, the reason I do this method is so that I can verify if the indicator is any good or not. A "good" indicator will have consistent results and beat the buy and hold over the course of a long duration with a large number of trades. a "bad" indicator will be inconsistent, which may refer to huge drawdown, or periods of time where it is unsuccessful/unprofitable. The difference between a 'good' indicator and a 'bad' indicator in this context is that a 'good' indicator will be able to absorb some of the trade costs (mentioned earlier) whereas the 'bad' indicator can't be fixed. Trade costs, especially commission and fees, are highly dependent on number of trades. So if a 'good' indicator performs well on a 1 minute chart against the buy and hold, but it starts to fail when trade costs are accounted for, then you can still adjust the indicator or timeframe so that you perform less trades, which will reduce the trade costs, but still maintain the profits. Again, a 'bad' indicator is dead in the water if it can't outperform buy and hold in the first place.
In this example, we have DOGE performing at +400% profits. In the same time period, this strategy would have yielded 7000%+ profits in the same time period. Therefore, these results show that the customized parameter set and indicator work well, and should be considered as a 'good' indicator to use for DOGE. The next step is to add in trade costs, and modify the timeframe IF NECESSARY. Most likely, from my experience, a strategy that yields 7000%+ profits won't suffer significantly from trade costs, and will still be SIGNIFICANTLY better than the 400% DOGE buy and hold scenario, which ultimately leaves my client and I with what he requested: a solid and profitable strategy that he can use to alert him when to buy and when to sell DOGE.
🔔If you'd like me to come up with a custom indicator and parameter set for whatever you trade, please send me a message and I'll work on it ASAP and make a post about it!
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
🔔Be sure to follow the updated ideas.🔔
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Where is the Stock Market Heading? Forecast & Analysis thread!Where is the Stock Market Heading? 📈📉
Stock Market Forecast & Analysis🧵
In this thread, we’re breaking it down for you:
-TA on TVC:VIX NASDAQ:QQQ AMEX:SPY AMEX:IWM TVC:VIX
-Economic Data
-Insights & Predictions
Let's dive in friends!
Not financial advice
NASDAQ:QQQ
Monthly Chart analysis:
-H5 Indicator is GREEN
-We are above 9ema and smoothing avg.
Most importantly we are still within our Williams Consolidation Box which is my personal strategy I use with the Wr%. As long as we stay within the confines of this Box we will continue to climb higher on the Q's outside of pullbacks.
Weekly Chart Analysis:
-H5 Indicator is GREEN
-Held volume shelf
-Wicked back above 9ema (BULLISH)
-Ascending triangle patterns Measured Move has not been realized yet. $580
-Created a Hammer Candle which is a reversal candle found at the bottom of downtrends, pullback, or corrections.
Had a Normal 6% Pullback and bounced hard around the S/R Zone. Everything I'm seeing is BULLISH going into CES2025 week and I believe we continue back to ATH's!
TVC:VIX
First up we have the Volatility AMEX:SPY Index which spiked up due to the FED dropping a FUD Nuke on the markets heading and causing the largest one day volatility spike in 2024.
But, as you see below we have fallen in line since that day. We have created a bearish flag pattern and broken down through the base and should continue to flush lower.
Keep in mind 60-70% of breakouts (either direction) come back to retest the point of the breakout area. Could see this happen with FOMC minutes being released this Wednesday.
AMEX:SPY
Monthly Chart analysis:
-H5 Indicator is GREEN
-We are above 9ema and smoothing avg.
-Wicked off previous resistance flipped into support
Most importantly we are still within our Williams Consolidation Box and thriving! $650 2025 PT!
Weekly Chart Analysis:
-H5 Indicator is GREEN
-Wicked back above smoothing line
-Created a Hammer Candle right above 9ema
Had a Normal 4.35% Pullback and bounced hard around the S/R Zone. Everything I'm seeing is BULLISH going into CES2025 week and I believe we continue back to ATH's on the SPY!
AMEX:IWM
As I've stated in other posts the CAPITALCOM:RTY typically runs and plays catchup to the SPY and QQQ towards the end of bull runs and before the big corrections or crash comes.
Weekly Chart Analysis:
-At the bottom of an uptrend channel
-Sitting on a massive volume shelf
-At a massive S/R area
-At the retest point for the Multi-Year CupnHandle breakout! With a Measured Move up to $306. Thats the same measurement of the CAPITALCOM:RTY catching back up to the $SPY.
ECONOMICS:USCIR - Core Inflation Rate YoY
Inflation is dead and falling like a rock! I don't hold any weight into what the FED was saying about inflation when he was the Grinch and spreading FUD.
The FED is always to slow to do what is needed to be done and right now that is to continue to cut before things in the economy start to break due to higher rates. They raised rates to SLOW and they are choosing to cut rates to SLOW!
What I'm seeing is we will continue to fall with small pockets of bounce backs in inflation on the overall down trend to sub 3 then sub 2 as you can see on the chart with the yellow levels.
Overall Economic numbers are very positive and have been beating what the experts have been forecasting in December.
We have some more data coming out this week and we will see if that trend continues.
Like I said in a separate post, the FED has been talking about a boogeyman and spreading FUD but the DATA and NUMBERS show the BOOGEYMAN isn't REAL!
Thanks for reading friend! If you enjoyed this analysis and forecast of the markets please like/ follow/ share if you feel I deserved it!
ALL SOCIALS/ LINKS IN SIGNATURE BELOW AND PROFILE.
Weekly Trading Plan: ES Futures 1/6/2025Market Context
The ES Futures market is currently balancing, with a defined pivot point at 5964. This plan focuses on trading around the pivot while targeting key upside and downside levels. We’ll also prepare for potential failure scenarios where the market tests beyond key levels but fails to sustain momentum.
Key Levels
Pivot (Midpoint): 5964
Upside Targets:
6056
6107
6146
Downside Targets:
5875
5819
5785
🧑💼 Strategy Overview
Objective: Trade within the balancing market, utilizing the pivot (5964) as a directional bias. Prepare for possible breakout failures near key levels.
Risk Management: Place stops just outside extreme levels to mitigate breakout traps.
Execution Plan: Execute trades systematically based on price action confirmation near pivot and target levels.
Trade Execution Plan
Pivot Zone: 5964
If price holds above 5964: Look for long opportunities targeting upside levels.
If price breaks and holds below 5964: Look for short opportunities targeting downside levels.
Upside Trade Setup:
Entry: Enter long positions near 5964 on confirmation of support (e.g., bullish candlesticks or strong buying momentum).
Targets:
6056
6107
6146
Downside Trade Setup:
Entry: Enter short positions near 5964 on confirmation of resistance (e.g., bearish candlesticks or strong selling momentum).
Targets:
5875
5819
5785
⚡ Failure Scenarios
Looking Above 6146 and Failing:
Scenario: The market breaches 6146, signaling a breakout, but quickly reverses back below.
Trade Opportunity: Short the market on confirmation of failure (e.g., rejection candles, increasing sell volume).
Targets:
6107 → 6056 → Pivot (5964)
Stop Loss: Place stops just above 6146 to avoid prolonged breakout risk.
Looking Below 5785 and Failing:
Scenario: The market breaches 5785, signaling a downside breakout, but quickly reverses back above.
Trade Opportunity: Long the market on confirmation of failure (e.g., rejection candles, increasing buy volume).
Targets:
5819 → 5875 → Pivot (5964)
Stop Loss: Place stops just below 5785 to avoid prolonged breakout risk.
Fake Breakout from Pivot (5964):
Scenario: The market shows a breakout from 5964 but fails to sustain momentum and reverses.
Trade Opportunity: Trade in the direction of the failed breakout, targeting the opposite side of the range.
Stop Loss: Place stops just outside the failed breakout level.
💡 Risk Management
Position Sizing: Risk no more than 1-2% of your account balance per trade. Tighten stops to minimize loss in failure scenarios.
Break-Even Adjustments: Move stops to break-even once the first target is achieved.
📈 Trade Monitoring
Order Flow Analysis: Monitor volume and order flow near key levels 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 extreme levels.
🔔 Stay disciplined and adapt to price action!
#ESFutures #WeeklyPlan #BalanceZone #RiskManagement
VIX is dying and the markets are flying!TVC:VIX NASDAQ:QQQ AMEX:SPY
Do you see now!👀
Yesterday I posted about the TVC:VIX making a bear flag pattern and showed you what's happened the last two times!
The VIX is dying and the markets are flying! The TVC:VIX has a lot more room to the downside as well.
You know what that means! 🚀
SPY/QQQ Plan Your Trade: Learning A or B Trading StylesYesterday, after the GDP Now data hit, I received a number of messages related to my SPY Cycle Patterns and how they work in comparison to big news data (like GDP, JOBS, PMI, & Others).
Let me try to explain one simple thing to all of you.
The SPY Cycle Patterns are based on GANN/Fibonacci Time/Price cycles. They DO NOT correlate or predict price movement based on NEWS EVENTS or other extraneous data.
The SPY Cycle Patterns are, in essence, the core price expectations related to time/price cycles WITHOUT EXTERNAL NEWS EVENTS.
They represent what price is likely to do without any big news, economic data, or critical major event taking place to disrupt the Cycle Pattern.
So, it is important for traders to understand what I call the "A or B" type of trade setup.
Price is always attempting to reach new highs or new lows - ALWAYS.
Failure to reach new highs means price must roll downward and attempt to reach new lows. Failure to reach new lows means price must roll upward and attempt to reach new highs.
It is that simple.
Price is always attempting to break above previous critical highs or lows - ALWAYS.
Thus, once you understand this as a basis of price structure/movement, then you can begin to apply more advanced patterns (Fibonacci Price Theory, Excess Phase Peak Pattern, Others) as an additional layer to price structure in an attempt to understand how price dictates all trending/movement.
Now, one must also understand when price attempts to break levels (high or low), it can REJECT at those level (after breaking to new highs or lows). This is what I call a "Washout" pattern.
Rejection happens when a new low or high is reached, but the price FAILS to continue to trend in that direction. For example, if price were to reach a new higher high, then reject, this would be an example that strong resistance exists at/near the previous high level - causing price to FAIL to maintain that new high price level. Thus, I would expect price to move downward after REJECTING at the new high levels (see above).
The reason I'm trying to teach you these price concepts is because I want you to learn to make better decisions - not learn to just "follow along". You have to learn to understand price and understand how price moves related to opportunities.
That is what trading is all about - anticipating price moves because of what you are able to discover on a price chart.
Get some. Happy Friday.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPX 2025 7000+ The most likely scenario.Experts who forecast stock market collapses and peddle narratives of financial despair often refrain from investing in the very concepts they promote; otherwise, they would face severe financial ruin on a repeated basis.
From the very beginning of this decade, I have championed a bold, risk-taking stance, predicting that these years will be remembered as the roaring 2020's, a time marked by an echo bubble of the 1920's.
This era is defined by the powerful convergence of technology, artificial intelligence, and blockchain, all propelling asset prices to new heights. The wealth generated by these colossal corporations and blockchain innovations is accumulating and concentrating, leaving behind individuals who are not part of these transformative trends.
Meanwhile, everyday people are grappling with a significant inflationary wave, as the value of their fiat currency continues to dwindle. To compound the issue, in 2024 around 150,000 workers have been laid off from giants like Tesla and Microsoft, a direct result of automation.
In this relentless struggle, machines are emerging victorious.
The age-old saying that markets lack a reason to rise but require one to fall or underperform holds particularly true, especially in the good old USA.
It’s reasonable to think that 2025 will not replicate the precise calendar movements of 2024 so it's prudent to lean towards performance tracking other years such as...
2017, the SPX return stood at 18%, marking it as the year that most closely aligns with 2025, the inaugural year of Trump's presidency.
Fast forward to 2023, where the percentage rose to 24%, making it the nearest reference point in the short term. As we are predicting a continuation of the bull market.
Meanwhile, 2021 reached a peak of 29%, representing the euphoric climax of that cyclical bull market, a scenario that could very well repeat itself in 2025.
The emerging pattern for 2025 appears to be shaped by these three pivotal years. Given that we are now nearer to the conclusion of the bull market than its inception, it seems prudent to draw insights from the trends of 2021 and 2023.
Nightly $SPX / $SPY Predictions for 1/3/2025🔮
📅 Fri Jan 3
⏰ 10:00am
ISM Manufacturing PMI: 48.2 (previous: 48.4)
GAP ABOVE HPZ:
If we gap above here,
its going to bait a lot
of traders by a chop
OPEN WITHIN EEZ:
Now that the slight downside
is out of the system. I'm looking
for upside down because everyone
is extremely fearful
GAP BELOW HCZ:
Will cause a mechanical bounce
back to the weekly Weekly HC
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing