SPY/QQQ Plan Your Trade Update For 1-21-25 : Cycle Top FormationThis video highlights my cycle research and why I believe the US markets are very close to a market top right now.
My research suggests the US markets would rally into the Inauguration and reach a peak near Jan 20-22. I believe the markets are very close to a market top right now, and there is limited opportunity to the upside currently.
I believe there is a bigger opportunity for a pullback in the SPY target 578 to 585 (roughly), where I believe the SPY will find support.
Gold & Silver should continue to price in additional risks and rally over the next 3+ weeks. I believe Gold will target $2880, then stall a bit before rallying up above $3000. Silver should target $33.50 to $34.25 at the same time.
Bitcoin continues to be range-bound. At this time, I believe the most logical outcome for BTCUSD is a breakdown attempt until the US settles on deregulation policies.
Let's see how this plays out over the next few days/weeks.
Get some.
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