SPY/QQQ Plan Your Trade For 2-26-25 : Rally In Counter Trend

Today's Rally in counter-trend mode aligns with the current breakdown as a strong possibility of a Rally (Upward) type of trend.

After yesterday's deep low and moderate recovery near the end of the day, I suspect the SPY is setting up another Excess Phase Peak base - transitioning into the upward Flagging formation.

Because of this, I suspect today's Rally pattern will result in a moderate Melt-Up type of price action in the SPY/QQQ.

It may also prompt metals to rally off yesterday's lows as the Panic selling mode ends.

BTCUSD I still seeking a new low and trying to find the consolidation phase. I believe BTCUSD could fall further before finding support.

This is going to be a very interesting ROLL of price related to the SPY/QQQ, Gold and Silver, while Bitcoin continues to try to identify lower support.

Almost like a "disconnect" is taking place.

Ultimately, I think we'll see a peak between March 5-12 in the SPY/QQQ - rolling downward into the March 21-24 Major Bottom.

Get some today.

#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold