Pay special attention to this video and prepare for what I believe will be a type of Flash-Crash event starting near Sept 20-24. Now is the time to start moving more capital into CASH. Prepare for this potential downside price move of -9-14% by protecting your capital. Yes. There will be bigger opportunities near the bottom of this moderate Flash-crash...
Happy Friday. I believe today's pattern is a blend of yesterday's Top-Resistance and today's Flat-Down pattern. Because of this belief, I think we will see a moderate rally in early trading leading to a peak in price, then followed by a moderate flat-down type of price trend. This week has proven to be a bit more volatile than I expected, but it has not changed...
Today's Top Resistance pattern should reflect a moderate price rally, leading to a peak in price, then followed by a roll-over in price before the close of trading today. Follow my research. Remember we are using my SPY cycle patterns to help guide our future and current trades related to price action. These patterns are not 100% accurate all the time - but I...
Yesterday's price move was clearly a CRUSH pattern I expected on Monday. Because of the holiday trading schedule this week, I believe the CRUSH pattern blended into Tuesday's trading - resulting in today's pattern being a blend of the Rev-Rally pattern on Tuesday and the Up-Down-Up pattern for Wednesday. Overall, I believe the CRUSH pattern removed a lot of...
Today's SPY Cycle Pattern is a Reversal Rally. After yesterday's CRUSH pattern (on the Labor Day holiday), we should expect the indexes to persist in a moderate rally phase (or melt-up) today. I believe yesterday's CRUSH pattern played out very nicely on the ES. Today's Reversal Rally pattern should result in the ES attempt to move back to 5653-5660. For the...
This video highlights why I believe the US markets are ready to make a big move higher over the next 12 to 24+ months. Many people suggest the markets will crack or crash, or we will experience some black/grey swan event. I'm afraid I have to disagree with this belief. Yes, there is always a chance we will see some market event. However, to disrupt the US/global...
Today's SPY Cycle Pattern suggests the SPY will attempt to trend moderately strongly to the upside (if my research is correct). The counter-trend mode of the carryover pattern suggests the price trend will be opposite of the last 2-3 bars - so a potential upward price trend today. The carryover pattern suggests that price will behave very similarly to what...
Today's pattern should play out as a reversion to yesterday's selling pressure. I did not expect to see the markets sell downward as hard as they did yesterday, but my systems were able to catch the downward trend well. As a trader and a researcher, I try to base my expectations on what I believe to be the highest probable outcome. Yet, sometimes I'm...
The SPY continues to slide into a sideways melt-up type of trend. Today's Inside Breakaway pattern suggests the SPY will attempt to move away from this consolidation range. Although I don't expect a huge breakaway today, I do expect the SPY to attempt to move up into the 563+ area, setting up for a bigger move on Thursday and a pullback on Friday. Gold is...
Today's SPY Cycle Pattern should reflect a decidedly bearish overtone to price action. The fact that we opened with a GAP downward and have waffled around just above yesterday's closing price does not really excite me. I see price failing and waffling around in "no man's land". This video covers the SPY, Bitcoin, & Gold. Stay agile. I see the markets rolling...
Today's pattern suggests the GAP Trend portion reflects whether today's open is above or below yesterday's close. If today's open is above yesterday's close, then I would expect a higher opening GAP leading to a fairly strong rally phase today. If today's open is below yesterday's close, then I would expect a lower opening GAP leading to a fairly strong selling...
Today's blank SPY Cycle Pattern means there is no definition for today's pattern in the pattern library. I will dig into this a bit further. At this point, when we get blank days, it is usually a fairly rare and uncommon pattern that may not develop very often. That makes it hard to identify if there are not many reference points to determine what type of price...
I spent quite a bit of time this weekend going over my custom indexes and other research data to try to identify what and how the Vortex Rally I predicted would take shape. I mentioned something to my followers/subscribers last week about how today feels like the early 1990s (1991-1994 roughly). At that time, interest rates were just dropping from all-time highs...
Here is a quick update related to the post-Powell expectations. I still believe the SPY will consolidate through most of today and move into a broader rally phase next week and into early September. Gold is RIPPING higher after Powell's comments. I expect Gold to try to break above $2600 next week. Bitcoin is still struggling to break above the $63k level. It...
Today's SPY Cycle Pattern is a Harami-Inside pattern. This suggests the SPY will stay rather muted today - trading sideways and likely staying between 557-560. I believe the SPY will trend upward a bit and try to close near 560. I don't believe we'll see any big trends today - mostly just sideways consolidation. Gold will likely attempt to move above $2450 -...
Watch this video if you are trading gold. With a perfect Flag formation and a deep washout-low rotation, we need to see Gold rally back up to near $2540 to reach the Apex level again. Any continued price weakness will show Gold may be attempting a deeper pullback after reaching $2570. I believe Gold will settle very well into the end of the day. Possibly even...
Today's pattern suggests the SPY/QQQ will stay within a flat/downward type of price trend. In this video I cover Gold, Bitcoin, and the SPY. What I see is a consolidated flagging formation across many markets. As I suggested early on Monday - this week may be the week to go golfing or find something fun to do as it appears the SPY/QQQ and other are simply...
As I suggested in Monday's video, the SPY Cycle Patterns predicted today's TOP more than six months ago. Tomorrow's inside/harami pattern suggests the markets will stall out the rest of this week. I urged traders to prepare to wait out this week and sit on the sidelines. When the markets stall like this, it is best to avoid trying to trade in tight ranges. Wait...