SPY/QQQ Plan Your Trade Update For 8-12: Vortex Base Building
This is a quick update suggesting that the upward momentum in the US markets appears to be fairly strong. But I urge my followers to stay cautious.
The markets are not "cleared for lift-off" yet. We still have numerous Fibonacci resistance levels to break, and we could see the markets move into a broad sideways FLAG formation or break downward again to establish a deeper low.
Within this video, I share what I believe is essential for the markets to move into a confirmed "lift-off" mode.
Please be patient. If we stay patient and protect capital, there will be many opportunities for big swing trades.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
The markets are not "cleared for lift-off" yet. We still have numerous Fibonacci resistance levels to break, and we could see the markets move into a broad sideways FLAG formation or break downward again to establish a deeper low.
Within this video, I share what I believe is essential for the markets to move into a confirmed "lift-off" mode.
Please be patient. If we stay patient and protect capital, there will be many opportunities for big swing trades.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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