SPY/QQQ Plan Your Trade 8-1 : Base Rally After Gap Fill
Today's BaseRally301 pattern is certainly giving us a run for our money.
I expected a bit of a pullback in early trading today, but I didn't expect the SPY price to fall far enough to CLOSE THE GAP.
This is a great example of staying agile and running with what price gives us.
Now, as we have closed the GAP and still trying to find a base/support level to mount another rally attempt.
Please watch this to learn how important the next 4 hours are related to the future rally trend for the SPY.
Today should be very interesting if the SPY Cycle Pattern plays out as I expect.
This video also includes Gold, Bitcoin, and the QQQ.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
I expected a bit of a pullback in early trading today, but I didn't expect the SPY price to fall far enough to CLOSE THE GAP.
This is a great example of staying agile and running with what price gives us.
Now, as we have closed the GAP and still trying to find a base/support level to mount another rally attempt.
Please watch this to learn how important the next 4 hours are related to the future rally trend for the SPY.
Today should be very interesting if the SPY Cycle Pattern plays out as I expect.
This video also includes Gold, Bitcoin, and the QQQ.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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