Today, we should expect the SPY/QQQ to move a bit higher - trying to form a short-term top before price rolls downward again.
I urge traders to stay very cautious of early trending and look for a bigger opportunity later in the day as price rolls downward.
Gold and Silver are struggling. I still believe Gold and Silver will rally higher as fear elevates. But right now - that is not happening.
I need to see Gold and Silver move away from this panic selling before I can become move convinced of a trend.
Stay cautious if you are trying to trade Gold and Silver right now.
Bitcoin is moving through an EPP pattern very cleanly - actually a DUAL EPP pattern.
$95-$99k should be the downside price target throughout this move.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
I urge traders to stay very cautious of early trending and look for a bigger opportunity later in the day as price rolls downward.
Gold and Silver are struggling. I still believe Gold and Silver will rally higher as fear elevates. But right now - that is not happening.
I need to see Gold and Silver move away from this panic selling before I can become move convinced of a trend.
Stay cautious if you are trying to trade Gold and Silver right now.
Bitcoin is moving through an EPP pattern very cleanly - actually a DUAL EPP pattern.
$95-$99k should be the downside price target throughout this move.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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