Today's Gap Reversal pattern in a Counter-Trend mode suggests the SPY & QQQ will experience an opening price GAP - followed by a reversal of trend - possibly to the upside. I believe we need to watch how the GAP forms at the open to determine if we are likely to see an upward or downward price trend throughout the rest of the day. My analysis suggests an upside...
Today's pattern suggests the SPY will attempt to move a bit higher after finding support in early trading. The one BIG event over the past 5+ trading days is the SPY rallying above the Ultimate High level - breaking into a confirmed Bullish price trend. This is part of what I'm trying to teach you: the patterns, techniques, thinking, and logic behind my...
Happy day before Thanksgiving, everyone. Stay safe this holiday and remember to share hugs and love with all the people that are the most important in your life. Trading will be there tomorrow and the next day - always. Family, health, and loved ones always come before trading/work. Today is a Breakaway pattern for the SPY. I suspect the SPY will still...
As we move closer to the Thanksgiving holiday, I want to remind traders that low liquidity is likely to drive extreme price swings throughout the markets this week and next. Many traders are already "taking a break" from the markets right now - so please trade with CAUTION. Trade smaller positions and don't get trapped in anything you can't handle. The markets...
I believe the global markets are panicking related to Trump's pending inauguration and the fact that the US Fed may have to keep interest rates elevated through a US austerity process. If you understand what this means, you'll clearly see why the US Dollar is trading above 106 and why Gold/Silver have moved downward recently. The process of the US moving into...
Today's pattern is a Carryover in Trend mode. Obviously, this is a holiday week, and because of low liquidity, I expect to see moderately wild price volatility. Stay cautious, as price moves could be exaggerated this week. Gold and Silver are still attempting to break higher and trading in a consolidated sideways price channel. BTCUSD pauses into the holiday...
Today's Temp-Bottom pattern suggests the SPY/QQQ will attempt to move downward - trying to find support. If this pattern plays out as I suspect, we'll see the SPY and QQQ move lower, with the SPY attempting to move to the 588-590 area and the QQQ attempting to move to the 499-500 area. I still believe the current setup promotes a breakdown in price based on the...
The markets are really struggling this morning. The strong selling after the open is likely an indication traders are not buying into the hype right now. NVDA earnings hit and drove the markets a bit higher into the open. I see this selling pressure as a BIG SHIFT into my Anomaly Event. Gold & Silver are reacting to the downside. SPTD sectors, particularly XLE...
Today's Pattern suggests the SPY will consolidate in a Harami-Inside day type of price action. In today's video, I highlight the continued potential for a price Anomaly event, even though we are seeing mostly post-election bullish price activity. I do believe the proposed Anomaly event is highly likely headed into the Thanksgiving & Christmas holiday...
I thought I would have a little fun with my ADL Predictive Modeling system. This shows the Daily & Weekly predictive results for NVDA prior to the earnings data release. Have fun. This is really just to show you how the ADL system works and to test the outcome related to NVDA's earnings/outcome. Get some.. #trading #research #investing #tradingalgos...
My continued research to help traders shows the US Healthcare and Biotech sectors are poised for a very large rally phase into early 2025. Particularly, XLV and XBI seem uniquely setup to rally more than 9-10% over the next 60 to 90+ days. This video explains how I use my Adaptive Dynamic Learning Predictive Modeling system to find opportunities other people...
Gold and Silver attempt to break upward, moving away from the larger EPP Phase #2 (consolidation/FLAGGING) setup. If my research is correct, we'll see a very strong rally setting up in Gold/Silver over the next 2-4+ hours - likely see GOLD rallying up to $2720+ and SILVER rallying up to $32.50-$33. Get ready. This could be a very strong rally phase targeting new...
Today's Flat Down Pattern suggests the SPY & QQQ will trail downward a bit within the current #2 sideways flagging pattern. I believe this setup is indicative of a broader breakdown (Anomaly Event) playing out headed into Thanksgiving and into the end of the year. Gold and Silver are also moving in an Inverted Excess Phase Peak pattern - struggling near a Phase...
I created this short video to help traders understand how Fibonacci Price Theory works using BTCUSD. This move suggests that BTCUSD will attempt to rally above $95k and target $100.5k in the next trending phase. BTCUSD broke away from the Excess Phase peak Flagging formation (#2) very clearly today. At this point, there is very little downside price risk...
Today's Pattern plays into the Anomaly Event I believe will continue to play out over the next 15+ trading days. Today's Top Resistance pattern suggests the SPY/QQQ will move higher, attempting to find a peak, then roll downward into a decidedly bearish type fo trend. My analysis continues to suggest a price Anomaly event is likely. I believe this event could be...
Morning guys. Something odd happened today after I created a great 45-minute morning video. TradingView reported an Internet Issue even though my internet was working perfectly??? So, I DOWNLOADED the video so I have a record of it and posted it up elsewhere. I don't know what to say - except check my profile on TradingView. I was not going to try to...
This video attempts to show you how to use Fibonacci Price Theory (FPT) and the Excess Phase Peak (EPP) patterns to attempt to time/estimate the next big Rally in Gold/Silver. This is more of an educational video as timing market moves accurately is nearly impossible (IMO). Some techniques (such as predictive modeling or other types of price pattern analysis)...
Pay attention to the dual Excess Phase Peak (EPP) patterns in the SPY this morning and how the current GAP Reversal pattern may resolve as a base/bottom in the markets in early trading. I believe the markets will shift from this early breakdown into a moderate upward (Flagging) trend. Learning to anticipate these types of shifts in the market can help you plan...