Today's pattern suggests the markets will attempt to make a Breakaway move. I believe this breakaway will be to the downside after watching the rejection near the 609 level on the SPY play out and the breakdown of the Excess Phase Peak pattern over the past 2+ days. However, if the breakdown I suggested (above) does not happen, I suggest the markets continue to...
If you've followed my research over the past 90+ days - you were ready for this move. If you were positioned for this breakdown, many of you should have seen decent profits or green in your accounts. I'm so happy and proud to have helped many of you prepare for this move. Stay cautious into the close as we may see more selling pressure drive prices...
Today's Top pattern in Counter-Trend mode suggests the markets will attempt to move downward, seeking a new support level, then find a base and attempt to roll a bit higher. I don't expect a big breakdown to take place today, but the YM is already struggling to maintain support - so we may see the ES/NQ break downward if the major markets continue to weaken...
Sorry for my delay this morning. Everything is fine over here - just a bit hectic this morning, and I had to drive my son to his work at 530am - which interrupted my plans. OK, so here we go. This video helps to organize my analysis/thinking into more clearly presented data for my followers. I use the Fibonacci Price Theory as a basis for all my analysis. On top...
Today's pattern suggests a morning GAP will lead to a price reversal in a counter-trend type of mode. I read this as a potential that price will initially struggle to find a trend. Eventually, when it does identify a trend mode, I believe that trend will strengthen into a reversal of the current upward price trend. Normally, Counter-trend patterns invert. So,...
Today is quite a day in terms of trading volatility and volume. We've not seen a low-volume day like today in the SPY for more than a year. It is very likely this rally near the close of trading was more of a short-squeeze and not really a momentum breakout. We'll see how things play out tomorrow. But, I'm not budging related to my expectations of a breakdown in...
As the markets continue to struggle to break away from the current consolidated/sideways price trend, one thing is certain: The current FLAG/EPP pattern is setting up an explosive price move. My expectations are for a price breakdown, as my predictive modeling and GANN Cycle Patterns suggest that Major Bottoms will set up near February 21 and March 21-23. These...
Happy Valentine's Day - everyone. Tell the people around you how much they mean to you and how important they are to your life. Today's SPY Cycle Pattern is a CRUSH pattern. These types of patterns are usually very large range bars that attempt to REVERT back to a mean price level - in this case - DOWNWARD. Near the end of this video, I discuss some of my...
Today's pattern is a Harami Inside pattern. This suggests the markets will stay rather muted today - attempting to stay within yesterday's high/low range. I believe the markets are still struggling to identify a channel that will ultimately break to the downside. You'll see in this video why I believe the markets are struggling and will attempt to confirm the...
Although I believe the Base Rally pattern is still valid, the markets have been wound tightly near recent highs and I belive this unwinding/breakdown is what I have been suggesting (the Deep-V breakdown) for more than 35+ days. I believe the sticky inflation data (CPI) will overpower the Base Rally pattern today and we will see the SPY/QQQ move downward into the...
The GAP Defender pattern is where price struggles to maintain a recent open GAP - attempting to defend against closing that GAP. In my mind, this is the lower GAP window between 601.30 and 602.75 (yesterday's opening GAP range). If this recent gap is filled, then I suggest the SPY will attempt to move downward (into my Deep-V breakdown) trying to target the...
Today's market seems to be trapped in a "go nowhere" zone. Get thread though. The markets will react to my Deep-V and Breakdown patterns with some aggression in the near future (24 to 48+ hours). Buckle up. This is going to get very interesting as the SPY attempts to move down to 585-590 - or lower. Get some. #trading #research #investing #tradingalgos...
Throughout the past week and a half, I've been watching the markets as I prepare for what I believe will be a sudden and fairly aggressive Deep-V setup between 2-10 and 2-13. Yes, that means RIGHT NOW we are sitting on top of a potentially aggressive type of FLASH market move to the downside. Will it come from news, or someone's comments (think Fed comments or...
I created this video because I'm seeing a bunch of content/videos where everyone is suddenly calling for a CRASH. and I laugh about it. If you want to believe the markets are going to CRASH - go for it. Sell everything. Bet the farm on the CRASH. Leverage your house and everything you own to bet on the CRASH. It's not going to happen soon. My research is very...
Shortly after I created the morning video, the markets opened with a BANG. First rallying, then rolling over - just as I predicted. Granted, I never expected the markets to rally above 606 before rolling downward, but the breakdown move into a potential Deep-V looks to be playing out very nicely right now. Come Monday (2-10), and possibly carrying into the...
As many of you know, I'm still expecting a breakdown in the markets leading to my Deep-V pattern on the 9th and the secondary Major Bottom on the 10th. Why haven't we started to move downward yet? I really don't know. I suspect the markets are being pushed higher by Market Makers trying to crush the shorts (premium). Either way, we'll know how this is going to...
Today's pattern is a counter-trend Rally pattern. I read this as a downward trending type of rally phase/bar. Much like yesterday's rally in the markets. Today should be just the opposite - a downward trending bar. I believe this is a move downward setting up the Deep-V pattern which should hit early next week. I suggest traders prepare for a rollover-topping...
I created this video to help illustrate what I believe are nearly perfect setups of multiple Excess Phase Peak Patterns over the past 30+ days in the SPY and QQQ. It is incredible how these patterns continue to form/setup in a broadening sideways price channel. If we didn't know to look for these patterns, we could easily mistake this volatility as some type of...