Right now, the markets continue to struggle to move higher. We are seeing a solid upward price trend, but I'm watching the MNQ and metals for any signs of weakness.
At this stage of the market's price action, I'm cautiously waiting for the ROLLOVER to setup.
My patterns suggest we move into a Counter-Trend Rally phase tomorrow (which would be a downward trending bar).
I believe the end of the trading day may see a very solid Long-Squeeze (trending downward) today.
And, as of right now - I'm just sitting on my trades, waiting for the Rollover to happen.
I would not suggest taking any big long trades right now unless you are prepared for the risks.
Sometimes, this is what trading is all about.
Looks like things are going to get very exciting over the next 3-5+ days.
GET SOME.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
At this stage of the market's price action, I'm cautiously waiting for the ROLLOVER to setup.
My patterns suggest we move into a Counter-Trend Rally phase tomorrow (which would be a downward trending bar).
I believe the end of the trading day may see a very solid Long-Squeeze (trending downward) today.
And, as of right now - I'm just sitting on my trades, waiting for the Rollover to happen.
I would not suggest taking any big long trades right now unless you are prepared for the risks.
Sometimes, this is what trading is all about.
Looks like things are going to get very exciting over the next 3-5+ days.
GET SOME.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Love My Videos/Research - GET MORE..
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.com Expert Growth Today
Get Some.
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.com Expert Growth Today
Get Some.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Love My Videos/Research - GET MORE..
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.com Expert Growth Today
Get Some.
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.com Expert Growth Today
Get Some.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.