SPY/QQQ Plan Your Trade 7-31 Mid-Morning Update - POP Delayed

It looks like the POP pattern was suppressed by yesterday's Israel attack - pushing price downward and really creating a bullish launchpad type fo reversion move.

The Nasdaq is up over 3%
The SPY is up over 1.6%

These are HUGE upward price moves.

In my opinion, this is the POP pattern showing up a day late (disrupted by the Israel/Lebanon attacks yesterday).

In this video I highlight what I think is still a potential for a bit more upward price trending. We will reach a peak today and likely stall downward a bit later in the day.

But for now, this reversion rally seems very strong.

Get some

#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Chart PatternsESTechnical IndicatorsnasdaqNQQQQSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) tradingTrend Analysisym

Get More Great Research & Tools
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..

Join Ment.Com Expert Growth Today

Visit ment.com To Get Started
Also on:

Related publications

Disclaimer