SPY/QQQ Plan Your Trade For July 5 - Gap Rally Possible

7月5日

Good morning,

This continued Plan Your Trade video series will continue for a number of week further. I continue to receive wonderful comments from viewers suggesting these videos are really helping them develop better skills and profit from market trends.

Remember, these patterns, and my analysis, is not 100% accurate all the time (DISCLAIMER). I do my best to interpret the patterns and provide clear expectations - but I'm not always 100% perfect at predicting future price moves.

What I try to do is to interpret the patterns like reading a sentence. I try to imaging what price would be doing as I'm reading through the SPY Cycle Patterns related to current price setups/structures on the Daily chart.

So, in a way, I'm taking information I already know (the price chart) and trying to "fit" the puzzle pieces into place related to future price trends.

Today, I'm expecting an opening price Gap (higher) followed by a fairly strong bullish price trend. This trend may stall near Noon ET, but then will probably continue to strengthen into the close of trading today (short squeeze).

Remember, watch my other videos on TradingView to learn more about my analysis techniques.

Go get'em.