SPDR S&P 500 ETF TRUST
Long

SPY/QQQ Plan Your Trade for 4-12 : Rally In Countertrend

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In today's video, I try to highlight the TREND features in the SPY CYcle Pattern data window for all of you to use.

Yesterday, I received a comment from a friend/client asking about the strength in the markets compared to my expectations.

My answer was simple. The SPY Cycle Pattern data window shows Short-Term (ST), Long-Term (LT) trending as well as the Daily/Weekly Bias trends.

Traders should use these to determine the primary trend/direction of price action.

Additionally, I try to add my own thoughts/context related to the market setup/structure. That is where I teach you about the EPP/Cradle patterns and more.

Ideally, my analysis and the SPY Cycle Patterns align with the future price moves in a way that everyone can profit from the highest probability outcomes.

There are times when news or outside forces drive the market trend beyond my expectations and, in some cases, beyond the SPY Cycle Pattern predictions. This recent Trump-Pump rally may be one of those cases.

Either way, I continue to try to deliver the best technical analysis and research I can offer for followers.

Get some.

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