SPY/QQQ Plan Your Trade For 9-30 : 2 Week Expectations

9月30日

This video highlights two weeks of SPY Cycle Patterns and what I believe is the most likely outcome over the next 10+ trading days.

I urge traders to stay cautious as the current capital shift (related to the Fed rate cut) is transitioning. This is a process where capital is actively seeking undervalued and ignored global market sectors.

This transitioning process may mute some price action related to the US markets and forward expectations. This is almost a certainty related to the pending US elections only 30+ days away.

I'm suggesting the current melt-up trend will continue until a potential topping pattern setup near October 18-24. I still believe a topping pattern is likely just before the elections which will send the markets moving downward. Traders must be aware of this topping pattern's potential downward price move.

I do see a solid upward price move in the SPY/QQQ over the next 7 to 10+ days. There is a CRUSH pattern on Wednesday this week, but the next two weeks show identical SPY Cycle Pattern setups.

I believe this week will be somewhat volatile for traders. But the next two weeks will be rock solid to the upside.

Gold and Silver will contract a bit in early trading this week, but should start moving higher on Wednesday/Thursday. Gold will target $2750 and Silver will target $33.50-34.00.

Bitcoin is rolling, just as I expected, to the downside. I believe BTCUSD will fall to 59k-60k before finding support. I also think BTCUSD will stay rather muted throughout the end of this year (at least into and through the elections).

Here we go—another week of opportunities.

Get some.

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