Downloading...

SPY/QQQ Plan Your Trade EOD Review : POP Pattern

787
Today's pattern played out perfectly.

I'm really amazed that the SPY rallied up to my resistance level ($520-525) and stalled/bottomed exactly near my $480 support.

Absolutely PERFECT reflection of the data I presented this morning and from my research over the weekend.

Now, if my analysis is correct, we move into a sideways consolidation pattern for the next 3+ weeks where price will attempt to establish a range (moving slightly downward in trend) before we get to the late-June breakdown (setting up the July 2025 low), then another big breakdown in October 2025.

I can't tell you how pleased I am with the comments and messages I get every day. Some of you are KILLING IT and I'm so happy to be able to help.

Remember, we are all trying to find the best way to profit from these market trends. So remember to share your success with others and let them know how to find the best tools for trading (on TradingView).

Now, let's get busy trying to get ready for the next phase of this market trend (which will come in June).

I'll keep you updated.

Get some.

#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver

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.