BradMatheny

13:31

BradMatheny

With the US government only about 39 hours away from a complete SHUT DOWN, I want to warn everyone that metals are doing exactly what they are supposed to do - hedge risks. While the SPY/QQQ are continuing to melt downard. I created this video to show you the Fibonacci Trigger levels on the 60 min SPY chart, which I believe are very important. Pause the video...

11:53

BradMatheny

Today's pattern suggests the markets may attempt to continue to find support and move into a sideways pullback (upward) price channel. I believe the markets have reached an exhaustion point that will move the SPY/QQQ slightly upward over the next 5 to 10+ days - reaching a peak near the 3-21 to 3-24 Bottoming pattern. This bottoming pattern near March 21-24...

38:30

BradMatheny

Today's Rally pattern in Carryover mode may prompt a powerful base/bottom move in the SPY/QQQ. In today's video, I explain in great detail how I read these charts and why the Excess Phase Peak (EPP) patterns are so important. We are moving into the Consolidation Phase of the EPP patterns for the SPY/QQQ. We are already into the Consolidation Phase of an EPP...

27:55

BradMatheny

Today's Breakaway pattern offers a fairly strong potential the SPY/QQQ will attempt to find support today. I know I've been telling everyone the markets should find support and are seeking support for the past 3+ trading days. But, the SPY has recently crossed the 50% Fibonacci pullback level and the QQQ has recently crossed the 61.8% pullback level. These...

22:29

BradMatheny

Today's Gap Breakaway pattern suggests the markets will attempt to gap at the open, then move into a breakaway trending phase. Given the downward price trend currently in place, I believe the markets will gap downward, then possibly attempt to move higher as we pause above the 568 (pre-election) support level. Ultimately, I see the markets entering a brief...

24:14

BradMatheny

As many of you know, I've been expecting the SPY/QQQ to find support (seeking a base/bottom) for the past 3+ days. The amount of selling has been somewhat extreme. We are currently in a downtrend. So, my expectation of a base/bottom is related to the breakdown of the Excess Phase Peak pattern and the previous support levels (pre-election and recent lows) that...

19:22

BradMatheny

Today's Breakaway pattern suggests the SPY/QQQ will attempt to move away from yesterday's open/close price range. Given the fairly strong downward pre-market trending in the SPY/QQQ, I'm cautiously optimistic we will see a fairly strong MELT-UP in price related to the recent support/rejection levels near 575. I'm urging my followers to be cautious of the first...

30:00

BradMatheny

Today's pattern suggests the SPY will move into a sideways type of stalling pattern. Based on yesterday's rejection off the lows, I suspect we may see some continued upward reversion trending, then we'll likely see the SPY move into a stalling pattern near 579. Ultimately, the Flat-Down pattern does not suggest big trending will take place today. Yesterday's...

39:16

BradMatheny

Today's pattern is a Top Resistance pattern. Usually, these types of patterns reflect a market where price moves higher - attempting to find a peak/resistance level, then rolls downward (confirming that resistance level). Because of yesterday's strong selling after Trump's Tariff comments, I suggest the peak in today's price activity may be set in very early...

06:19

BradMatheny

This quick little update is for everyone who follows my research. Today was absolutely PERFECT in terms of my expectations and how the SPY moved so far today. A nearly perfect downward price trend targeting the 588 level. Now, we'll see if we get a base and a squeeze higher before the end of trading today. I'm so impressed with my ability to pinpoint these...

19:54

BradMatheny

Today's pattern, and Up-Down-Up in counter-trend mode, suggests the markets will attempt to move downward after the open and attempt to retrace some (or most) of Friday's gain. I do believe this downward price move is essential for the markets to build a moderate base before attempting to move higher into the march 11-16 topping pattern my research suggests will...

21:58

BradMatheny

Today's pattern suggests the markets will open with a slight GAP UP (higher), then transition into a downward price trend throughout the rest of the day. After yesterday's deep selling, I suspect there may be a bit more of an uptrend in early trading. The 584-585 level on the SPY was hit. That was my original projected downside target for the Feb 21-24 breakdown...

12:21

BradMatheny

Today's Weekday FLUSH pattern is similar to a CRUSH pattern. It usually represents a very wide-range price bar with the potential for a big breakdown or breakaway type of price action. Given yesterday's fairly wide price action and the NVDA earnings last night - I would not be surprised to see quite a bit of profit-taking in early trading, leading to an initial...

11:39

BradMatheny

Please take a moment to watch this video, in which I share my techniques and highlight what I believe will be the next setup phase for the SPY/QQQ, Gold, Silver, and Bitcoin. It looks like the selling pressure is nearly over, and I think the shift to a moderate recovery rally could set up over the next 24-48 hours. It could be a good setup for skilled...

19:05

BradMatheny

Today's Rally in counter-trend mode aligns with the current breakdown as a strong possibility of a Rally (Upward) type of trend. After yesterday's deep low and moderate recovery near the end of the day, I suspect the SPY is setting up another Excess Phase Peak base - transitioning into the upward Flagging formation. Because of this, I suspect today's Rally...

13:40

BradMatheny

Today's Rally pattern will likely prompt a fairly strong recovery (upward) price move in the SPY before the markets turn/rollover and head lower again after reaching a top. I see this move paired with the Metals cycle patterns, which suggest metals will move downward. I believe this will be the result of stronger USD price levels, which will translate into an...

05:17

BradMatheny

Follow my research. Learn to improve your skills and become a better trader. This move downward appears to be just starting. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold

24:39

BradMatheny

Today's pattern suggests the markets will attempt to make a Breakaway move. I believe this breakaway will be to the downside after watching the rejection near the 609 level on the SPY play out and the breakdown of the Excess Phase Peak pattern over the past 2+ days. However, if the breakdown I suggested (above) does not happen, I suggest the markets continue to...