SPY/QQQ Plan Your Trade EOD Update : Rally Continuation
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This quick update related to my SPY/GOLD cycle patterns, and other research/predictions, is to help you plan and prepare for the pending rally phase in the markets.
Based on my research, the markets will likely pause a bit tomorrow, Wednesday, and move into a basing/bottoming phase - where price will attempt to develop support.
From that support, I see a fairly strong rally taking place on Thursday and lasting into late- Monday/mid-Tuesday next week.
As I have urged traders to stay cautious over the next 15+ days (elections and liquidity issues), this may be a great time to play the last rally phase before the 3-5 day pullback just before the US elections.
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My objective is to help as many traders as possible. I'm not 100% accurate in my predictions - but I believe my research is uncomparable to others in what I'm capable of presenting/sharing with all of you.
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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.