Today's Top Resistance pattern should reflect a moderate price rally, leading to a peak in price, then followed by a roll-over in price before the close of trading today.
Follow my research. Remember we are using my SPY cycle patterns to help guide our future and current trades related to price action.
These patterns are not 100% accurate all the time - but I find them very helpful in understanding how to prepare/trade related to potential future price swings.
Again, outside news events, central banks/governments, wars and other massive events can disrupt these patterns for 3 to 10+ days. But, price always seems to return to the patterns over time. These disruptions are temporary.
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