Today's pattern suggests the SPY/QQQ will move in a consolidated downward type of price trend.
Given the news that a ceasefire was initiated yesterday - and ENDED yesterday with Iran/Israel trading missile attacks and other conflicts, suggests the markets may react to extended FEAR today.
Gold and Silver are both moving downward. I see this as a PANIC move in metals.
When metals move into a Panic Selling phase, usually the SPY/QQQ also move into a panic selling phase.
Bitcoin bounced back above $105k. Could be very interesting to see how all these moves play out over the rest of this week.
Buckle up. Volatility is BACK.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
Given the news that a ceasefire was initiated yesterday - and ENDED yesterday with Iran/Israel trading missile attacks and other conflicts, suggests the markets may react to extended FEAR today.
Gold and Silver are both moving downward. I see this as a PANIC move in metals.
When metals move into a Panic Selling phase, usually the SPY/QQQ also move into a panic selling phase.
Bitcoin bounced back above $105k. Could be very interesting to see how all these moves play out over the rest of this week.
Buckle up. Volatility is BACK.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
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