SPY/QQQ Plan Your Trade Review & Pre 4th ExpectationsThank you for all your comments, likes, and Boosts recently.
It's lovely to see my research helping so many traders.
I know some of you have recently been caught on the wrong side of market trends—this happens to the best of us. I've learned to wait out market activity I don't like and try to trade the bigger price swings, like the RALLY patterns yesterday and today.
You can't try to stand in front of the markets and force them to move in the direction you want. You have to stand back and catch moves that are opportunistic and present clear success opportunities.
This video reviews the past 8+ trading days, my SPY Cycle Pattern predictions, and what will likely happen over the next 7+ trading days.
In short, I expect the markets to slide into the July 4th holiday with a moderate melt-up trend and then move into a strong short squeeze on Friday (7/5).
This leads us to next week (8-12), where we'll get early Q2:2024 earnings data. I believe next week will continue the upward price trend - pushing the SPY above $560+.
The following week (15-19) is exciting. There is a very real potential for a moderately strong price correction on Wednesday/Thursday of this week, which could be a huge opportunity for skilled traders.
So, thank you again for commenting, liking, and Boosting these videos. I'll probably keep them going for a few weeks to help more traders.
Remember - focus on the facts/data and avoid the emotional side of trading. The markets always want to take your money. Find out how to wait for the markets to give you profit opportunities.
Nq!
Plan Your Trade July 2 - The Big Rally Day Is Here.This continued series highlighting my SPY Cycle Patterns continues this week.
Today, the Rally pattern is in Trend mode. This usually suggests a powerful potential for a moderately large upward price bar on the SPY chart.
Although, this morning, we are seeing a moderately high pre-market price below yesterday's closing price. Does this negate the Rally pattern?
Nope. The pattern is fixed. It will either become successful or fail.
Remember, these SPY Cycle Patterns have a (roughly) 70% to 80% success rate. Thus, we can rely on them for guidance, but we must always prepare for potential failure (just like when making trading decisions).
I'm sticking to the SPY Cycle Patterns today. I'm not worried about the deep, lower opening price right now. However, this profoundly lower pre-market price could prompt a substantial"wash-out" event for the shorts when the market shifts to the regular session.
It seems that today is going to be a "make or break" day. Watch this video to see how I will play today's price action.
Go get some.
Plan Your Trade 7-1-24 - Get Ready For A Rally.This continuation of my Plan Your Trade video series highlights the potential price rotation we'll see today with the big CRUSH pattern. Next week, I believe, will result in a substantial rally phase throughout the week of July 4th.
Today's counter-trend rally pattern will likely result in an early trading rotation, leading to an upward price trend that will build momentum throughout the week. Remember, we have a holiday on Thursday that may pause the rally a bit late Wednesday.
This new swing into a Rally-Rally-Rally phase with the SPY Cycle Patterns is fantastic for day traders and intraday swing trading.
Watch the video today and prepare for the big moves this week. Overall, nothing has changed. Price is rotating into a rally phase ahead of Q2:2024 earnings.
Learn how my SPY Cycle Patterns can help you plan and prepare for market direction and trends.
Do you know anyone who can accurately predict price setups/trends 2 to 4 weeks into the future? Well, you are watching me do it right now.
Let me know what you think in the comments.
Go make some money today.
Lean and Prep for WEEK 7.1.24I am a discretionary trader. This means there are some weeks in the year when I wait and watch what’s going on. From here, there are 3 potentials -
1-We keep ranging here and the stocks keep choppy. In this case, it is waste of premiums.
2-We drop. In this case it is better to wait for lower levels to find attractive setups.
3-We rally. If this happens, I am pretty sure something nice and attractive will show up on my radar which I will share.
Stay Frosty!
SPY Launching To $600+ - Then $730+. Get Ready.Have you been following my research?
Do you remember when I called a major base/bottom on 12-28-2022?
Do you remember when I stated, "The capitulation bottom will surprise traders" on 3-20-23?
Do you remember when I called for a "Tech-Bump" rally on 3-25-23?
Do you remember when I updated that peak potential to $425 on 4-26-23?
Do you remember when I stated, "The capital shift intensifies" on 6-25-23?
Do you remember when I warned of a China Credit Event/Crisis happening in 2024 on 8-20-23?
Do you remember when I warned, "US Markets May Double By 2029-30" on 4-21-24?
Now, almost 15+ months after all of these updates/warnings/videos, I ask you to take a look at what's happened in the markets and prepare for the biggest opportunity of your life.
Yes, I see the US indexes (SPY, Nasdaq, Dow Jones, and possibly the Russell 2000) potentially doubling (or more) before 2030-31.
Yes, I see the SPY rallying to levels above $730 in 2025, then stalling into a WAVE-B correction.
Are you ready for something different - factual data reported honestly and with a proven track record? Not hype. Not doom-n-gloom (CRASH posters).
My research is designed to help guide you through the next 10+ years of your life - protecting your assets, learning to become a more skilled trader/investor, and learning to rely on proven technology/concepts.
Are you ready for what's next? Maybe you need to try something different?
Plan Your Trade 6-28 - Today Is The Big CRUSH DayThis continuation of my Plan Your Trade video series highlights the potential price rotation we'll see today with the big CRUSH pattern. Next week, I believe, will result in a substantial rally phase throughout the week of July 4th.
Today's big CRUSH pattern will likely result in a fairly deep downward price move in early trading, followed by a period of basing/stalling before we may see a fairly strong rally phase/squeeze into the end of trading today.
These types of price swings are fantastic for day traders and intraday swing trading.
Watch the video today and prepare for next week. Overall, nothing has changed. Price is rotating into a rally phase ahead of Q2:2024 earnings.
Learn how my SPY Cycle Patterns can help you plan and prepare for market direction and trends.
Do you know anyone who can accurately predict price setups/trends 2 to 4 weeks into the future? Well, you are watching me do it right now.
Let me know what you think in the comments.
Go make some money today.
Plan Your Trade - 6-27-24 : SPY & QQQ ExpectationsThis continuation of my Plan Your Trade video series highlights the potential price rotation we'll see over the next two days, leading to what I believe will be a substantial rally phase throughout the week of July 4th.
The next two days will likely represent some huge price swings - first upward, then downward on Friday.
These types of price swings are fantastic for day traders and intraday swing trading.
Learn how my SPY Cycle Patterns can help you plan and prepare for market direction and trends.
Do you know anyone who can accurately predict price setups/trends 2 to 4 weeks into the future? Well, you are watching me do it right now.
Let me know what you think in the comments.
Go make some money today.
Correction: Counter Trend Break Away Pattern on 6-26This is a correction video representing the Counter-Trend mode of today's BreakAway pattern.
I created the first video thinking this was a Trending pattern.
Counter-trend patterns tend to reflect a reversal of price direction related to the last 3~5 days price trend.
In this video, I go over how I view Counter-Trend patterns vs. Trend/Carryover patterns.
Look for initial weakness in price followed by what I believe will be a strong rally phase this afternoon.
Here we go...
Plan Your Trade 6-26 - SPY BreakAway PatternGood Morning.
This continued video series highlighting my Proprietary SPY Cycle Patterns is designed to help you understand how to prepare for, and trade expected market trends.
The SPY Cycle Patterns are predictive. They represent shapes/trends of future price bars on the SPY that can help traders understand where opportunities may exist for trading. They can also help you stay away from consolidation/congestion periods.
In today's video, I highlight how the current BreakAway pattern in Trending mode suggests the SPY will rally a bit today. I expect the SPY to close above 545.50-546.50 as the bullish base/support level holds today.
There is a bit of downward pressure on the SPY this morning. It will be interesting to see if my expectations are accurate or not.
Remember, the SPY Cycle Patterns are not 100% accurate all the time. They are only about 80-85% accurate in most cases. Big news events or outside factors can drive prices in ways that do not align with my SPY Cycle Patterns.
However, these SPY Cycle Patterns are generally very accurate in terms of how to plan/prepare for trading opportunities 3 to 10+ days into the future.
I hope you enjoy it. Please leave a comment and tell me if you see value in these videos or what you think.
Plan Your Trade 6-25-24 - Base Rally DayThis video continues my series on planning your trade around my SPY Cycle Patterns. Today is a Base Rally pattern. I suspect the price will attempt to climb above $544 and may attempt to rally above $550 over the next few days.
This is an excellent opportunity for traders to swing for the fences with long trades.
Time your entry. If the price fails to rally above $544 in early trading, we may see a strong rally later this afternoon.
Tomorrow is a Breakaway pattern in counter-trend mode. I suspect we'll see a bit of a downward price swing tomorrow after today's strong rally. Then, another push to try to rally above $550 on Thursday.
Plan your trade. Learn how I can help you stay ahead of these bigger price swings.
Plan Your Trade 6/24/24 - Prepare For Rolling Price ActionThis continued video series focused on my SPY Cycle Patterns teaches you how to plan for future price swings and bigger trending days.
Today, I expect the SPY to stay relatively muted in trend—possibly moving downward overall. The Up-Down-Up (countertrend) pattern suggests that the price will want to move downward today, perhaps setting up support near $541.50 to $542.50.
I don't expect anything big to happen today as today's pattern is followed by three days of an upward price trend. That upward trend is your opportunity for profits.
Tuesday, Wednesday, & Thursday look like a bigger opportunity for long trades than Monday or Friday.
Friday's CRUSH pattern suggests a fairly strong downward price trend. I would be cautious of taking long positions on Friday until possibly the last 60-120 min of the day (if we see a short squeeze setup).
Please use this information efficiently. I'm trying to show you how to use my SPY Cycle Patterns to plan your trading and find the best opportunities.
I will have more info tomorrow as I continue this video series.
Plan Your Trade 6/21 - SPY Cycle PatternsPlan your trade to prepare for future price moves using my proprietary SPY Cycle Patterns.
This is a continuing video series related to my proprietary SPY Cycle Patterns. These unique patterns highlight potential price moves/trends weeks and months in advance.
I wanted to highlight the next 15+ trading days on the charts and track these potential setups to see how closely my expectations translated into price moves.
About 3+ days into this experiment, we should see a Top/Resistance price trend today. This is usually where the price attempts to rally upward to a peak, then rolls downward, seeking a new base/bottom.
Follow my research and learn how to Plan Your Trades more efficiently.
Learning To Plan Your Trade With SPY Cycle PatternsDid you watch my SPY Cycle Pattern video this morning? Were you aware that today was designated a Harami-Inside type of price action? This type of pattern represents a very narrow, often trendless, trading day.
I warned all of you before the market opened that today would be a day to sit back and wait for the market to show us whether it wanted to trend or not. Obviously, there were some quick pullbacks and trends—but nothing very big. If you had stayed out of the market most of the day, you probably would have been happy avoiding the chop.
Tomorrow is a big CRUSH pattern. These patterns are usually fairly large price range bars that often move against the 3~5 bar trend - in this case, downward.
This video covers the next three weeks of trading in the SPY and shows how I read the SPY Cycle Patterns as "sentences" related to how prices will react and move (including trends and ranges) going forward.
Of course, nothing is 100% perfect when predicting future price trends. But I think you'll find real value in the SPY Cycle Patterns and how they can help everyone prepare for the type of price action to expect.
Plan your trade. Use all the tools required to help you make better decisions.
Remember, trade only when the market provides opportunity and efficient price trends.
I'll keep updating these videos for all of you over the next few weeks. Let's go make some money as the markets trend into Q2:2024 earnings.
Plan your trade for 6/18/24 - SPY researchHere is another video to help you prepare for the next 2+ weeks of trading in the US markets.
Using my specialized SPY Cycle Patterns and technical analysis, I still see the markets consolidating in a melt-up type of trending over the next 2+ weeks before moving into a strong rally phase near late June/early July.
You can see how my SPY cycle patterns help into understand opportunities and when to prepare for more aggressive trading.
Today is a Harami-Inside pattern - meaning I will be mostly sitting on the sidelines today. Maybe targeting one or two quick trades.
But tomorrow and the rest of this/next week look very solid for more moderate/aggressive trading in bigger price trends. And, I'm going to start preparing for the RALLY, RALLY, RALLY phase near July 1, 2024.
Learn how my specialized research can help you. Learn the Mechanics of Trading.
Let's go get'em.
Plan Your Trades - SPY Research For 6/17 & BeyondI put together this video to help traders plan and prepare for the next 30-60+ days - as we move into Q2:2024 earnings and pre-election consolidation.
Every week, I spent hours going over my Custom Indexes, proprietary price modeling systems, sector analysis, and more. My goal is to help as many traders as possible prepare for the greatest opportunities of their life (the next 5 to 10+ years).
I see so many traders getting trapped into following free or paid internet advice and blowing up their accounts. In my opinion, stick to the basics. Price is the ultimate indicator.
Then, determine the true bias of price trend and identify strong candidates to profit within that trend.
If you are a daytrader - you probably won't like my research/comments. I don't really daytrade much. I'm more of a swing trader - looking for 8% to 25% swings that take 3 to 20+ weeks to mature.
Either way, this video will help you understand what to expect over the next 30-60+ days in the US/global markets. Prepare for a big move in late June or early July.
SPY Rallying to $608+. Are you ready?My research suggests the SPY will quickly rally above $560 and continue higher to breach $608 (a 100% Fibonacci measured move) before the end of August.
The Q2:2024 earnings data and continued US economic strength will drive capital investments in US equities over the next 3+ months.
Traders continue highlighting the risks related to US banking issues and the related downside price concerns. I also share these concerns - but continue to follow the price action simply.
My analysis suggests the SPY will attempt to rally to levels close to $605+ before finding any major resistance.
How will Stocks React to Inflation?The stock market's reaction to an inflation trend always involves a delay.
Based on studies of the inflation trend, this delay is approximately 6 months. How about the inflation data month by month?
Micro E-Mini Nasdaq
Ticker: MNQ
Minimum fluctuation:
0.25 index points = $0.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Trade Like A Sniper - Episode 9 - NQ1- (31st May 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing E-mini NASDAQ, starting from the Weekly chart.
- R2F
SPY May Rally Above $540 Before You Know It...My research continues to support more Bullish trending for the SPY and other US major indexes.
I keep seeing others propose a market crash scenario - week after week... after week.
I certainly hope you were not following their suggestions too closely - because the SPY has rallied more than 7% from the recent lows. That's a lot of losses piling up for anyone caught on the short side of the markets right now.
Watch my video. Learn how I read the markets in a different format. And learn how to use my research to help you become a better trader.
I've posted many training videos on TradingView - please spend some time checking them out.
Get ready for a potentially explosive move in the SPY - targeting $545+... possibly rallying above $560 before the end of June 2024.
US Markets May Rally 60% to 100% On Strong Technical DataI posted a similar video yesterday, but it was taken down because I screwed up the content. So, I'll try to post this video without messing up the content.
The US markets (particularly the NAS100 - as shown in this video) will likely continue to move in a strong bullish price trend - even against the multiple divergences and other technical peak/exhaustion patterns over the next 3 to 4+ years.
Far too many people simply don't understand the dynamics at play right now, with the superheated US economy and the predatory Fed processes creating this parabolic Bullish price move.
Be prepared. Many people will be picking tops for the next 3~4+ years, and you are going to hear a lot of FEAR in their voices. You must attempt to understand the true market dynamics at play and stay away from group-think.
Hope you enjoy this video.
4H Inverted Cup & Handle NAS100Analyzing NAS100: Identifying Long-Term Trends and Potential Selling Positions
Introduction:
In this video, we'll dive into a long-term analysis of NAS100, uncovering key patterns and trends that could inform our trading decisions. By examining the inverted cup and handle pattern and the emerging downtrend on the 4-hour timeframe, we aim to provide clarity on potential selling positions and assess the overall sentiment in the market.
Identifying the Inverted Cup and Handle Pattern:
The inverted cup and handle pattern is a classic technical formation characterized by a downward price movement followed by a consolidation period resembling a cup, followed by another downward movement forming a handle. This pattern often signals a bearish reversal, indicating a shift in sentiment from bullish to bearish.
Spotting the Forming Downtrend on the 4H Timeframe:
On the 4-hour timeframe, we observe the formation of a downtrend, marked by consecutive lower highs and lower lows. This trend suggests sustained selling pressure and reinforces the bearish outlook for NAS100 in the near term.
Target Levels for Selling Positions:
Based on our analysis, we have identified multiple levels that could serve as potential targets for selling positions. These levels are strategically chosen based on key support and resistance zones, Fibonacci retracement levels, and other technical indicators. Traders may consider these levels as entry points for short-selling NAS100, aiming to capitalize on the anticipated downward movement.
Clarity of Stance on NAS100:
Our analysis leaves no room for ambiguity regarding our stance on NAS100. The convergence of the inverted cup and handle pattern with the forming downtrend on the 4-hour timeframe strengthens our conviction in the bearish outlook for NAS100. This clarity enables traders to make informed decisions aligned with the prevailing market dynamics.
Signs of Bullish Euphoria Waning:
Finally, it's essential to acknowledge the signs indicating that the bullish euphoria in the market may be losing steam. Market sentiment plays a significant role in driving price movements, and recognizing shifts in sentiment can be invaluable for traders. As we assess the technical landscape of NAS100, we remain vigilant for further indications of a weakening bullish bias.
In conclusion, our analysis of NAS100 underscores the importance of understanding long-term trends and patterns in shaping trading strategies. By leveraging technical analysis tools and staying attuned to market dynamics, traders can navigate the markets with confidence and precision. Thank you for watching.