Today's pattern suggests the markets may attempt to continue to find support and move into a sideways pullback (upward) price channel.
I believe the markets have reached an exhaustion point that will move the SPY/QQQ slightly upward over the next 5 to 10+ days - reaching a peak near the 3-21 to 3-24 Bottoming pattern.
This bottoming pattern near March 21-24 suggests the markets will move aggressively downward near that time to identify deeper support.
I believe metals will continue to move higher as risks and fear drive assets into safe havens.
Bitcoin should continue to slide a bit higher while moving through the consolidation phase.
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#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
I believe the markets have reached an exhaustion point that will move the SPY/QQQ slightly upward over the next 5 to 10+ days - reaching a peak near the 3-21 to 3-24 Bottoming pattern.
This bottoming pattern near March 21-24 suggests the markets will move aggressively downward near that time to identify deeper support.
I believe metals will continue to move higher as risks and fear drive assets into safe havens.
Bitcoin should continue to slide a bit higher while moving through the consolidation phase.
Watch today's video to learn more about what I do and how I help traders find the best opportunities.
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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