What a great day for my followers! I created my Roadmap for all of you, and the markets have started this week doing exactly what I expected regarding the SPY/QQQ and Gold/Silver. Next, we should see the rally continue in the SPY/QQQ, and Gold/Silver are moving into an Apex Breakaway setup, which could be very explosive to the upside. Remember, what I do behind...
Good morning, This video highlights what I expect to happen in the SPY/QQQ, Gold/Silver, and Bitcoin over the next 5 to 7+ days. Remember, I'm using my proprietary modeling systems, SPY/Gold Cycle Patterns, and other research to share a roadmap of expected price action 5- 7+ days into the future. I don't know anyone else who can do this research accurately and...
Overall, this week has been rock solid. Even though the markets moved downward after the US Treasury auction early this week, the recovery and rally on Thursday and Friday were right on schedule. Remember, I've highlighted my SPY Cycle Patterns more than three weeks into the future before the beginning of October. Mapping Daily price action like this is...
Happy Friday. Today's Inside Breakaway pattern for the SPY should prompt a solid rally attempt - where the SPY/QQQ should rally higher to close out the week. I'm targeting the 580+ level for the SPY over the next 5+ trading days. Gold and Silver are moving into a Top-Resistance pattern. This suggests Gold and Silver will rally, form a peak, then roll slightly...
Watch this video to understand how Fibonacci Price Theory suggests Gold & Silver are moving in a bullish price trend - attempting to break recent resistance levels. I believe Gold and Silver will continue to rally, reflecting global capital risk factors, and break to new ATHs before the end of 2024. My target for Gold by Dec 31, 2024 is $3030-$3250. My target...
Today's cycle pattern suggests the SPY/QQQ price action will be very similar to yesterday's price action. I believe the markets are starting to move away from the basing/bottoming phase and moving back into trending phase. Thus, I believe the SPY & QQQ will begin a rally up to highs reached before October 20-21, then form a top, and toll downward just before the...
Today's video goes over why I believe today will be somewhat quiet in terms of trending and expectations. As I suggested in the video, today is a good day to trade with only 20-30% position sizes - or to take a day off and go golfing. I don't expect any big moves today - even though today's pattern is a Breakaway in Counter-trend mode. I believe the markets will...
This short video highlights why I believe Gold is building a base near $2640 for a big rally move up to $2760++. Yes, I highlight some concerns in this video. I expected Gold to move more aggressively to the upside over the last 36 hours, but this is trading. Everything doesn't work out perfectly in all instances. If you are trading Gold, this video should help...
I've been getting lots of emails and comments about the Excess Phase Peak patterns I use on my charts. They are really quite simple to understand once you learn their structure/process. But, the hardest part of using them is they work as a YING/YANG type of price structure. While the bullish Excess Phase Peak patterns are operating, the other side of price...
Today's Gap Breakaway pattern suggests the SPY/QQQ will gap up and rally higher - moving away from yesterday's base/bottom. Remember, we had two basing and bottoming patterns over the weekend. Although I don't really count weekend patterns as drivers of price trends, I view them as psychological patterns. In other words, they reflect expectations headed into the...
This short video updates traders related to the SPY & GOLD Cycle Patterns and how I see price playing out over the next 48+ hours. I also highlight the resistance level setting up in BTCUSD. Should be interesting to see how this plays out over the next 4+ days. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave...
This week, I'm trying something I started over the last week or two - a "Roadmap" of what I expect to see price do going forward 7-10+ days. Now, this is something most people won't do because it presents a "live or die" outcome. Either I'm going to be right (or somewhat right) about price action and can live with my expectations - or, I'm going to be completely...
What a great week overall! My SPY Cycle patterns worked fairly well to target buy/sell zones 4-7+ days in advance and really provided some much-needed guidance for traders this week. I've been getting emails and messages from many traders telling me how my research and SPY Cycle Patterns have changed their lives. It sure makes things easier when you have this...
This video helps traders identify and understand Excess Phase Peak patterns in more detail, particularly in relation to current market trends. Remember, these patterns are the constructs of all price action/activity. So, if you can learn to see, understand, and trade these patterns, you should be able to pick apart any chart - on any interval. What's most...
Gold saw a huge shakeout this morning, as the Fed commented, and the move in the US dollar put some extreme pressure on metals. The funny thing is this move ended almost as fast as it started - and now metals are rallying again. Why? The Fed is trying to transition into a more global friendly position - allowing foreign nations to become more competitive with...
Today's pattern is an Up-Down-Up in Counter Trend mode. Thus, I expect to see and Dn-Up-Dn pattern today. This pattern reflects today and the previous two days - as Down - Up - Down in range. Overall, I expect today to be rather muted in terms of total range. Price should stay muted, sideways and drift downward overall. Additionally, I believe the markets will...
This price volatility has setup some very interesting price patterns on the chart. Particularly multiple Excess Phase Peak patterns on the ES chart. My analysis suggests the ES must attempt to find support above the 5738 level, otherwise the ES (and NQ) will likely attempt to move downward into the #3, #4 and #5 stages of the Excess Phase Peak pattern. This...
Over the past few days, I've posted 4-5+ videos highlighting my SPY Cycle Patterns and how these help traders plan and prepare for future price action/trades. Today's Reversal Rally pattern should prompt a moderately strong upward price move in the SPY/QQQ. I'm expecting the SPY to attempt to rally up into the 572-573 range today - maybe a bit higher. The QQQ may...