SPDR S&P 500 ETF TRUST
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SPY/QQQ Plan Your Trade For 2-25-25: Rally Pattern

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Today's Rally pattern will likely prompt a fairly strong recovery (upward) price move in the SPY before the markets turn/rollover and head lower again after reaching a top.

I see this move paired with the Metals cycle patterns, which suggest metals will move downward. I believe this will be the result of stronger USD price levels, which will translate into an initial SPY rally phase (driving the price higher) and then rolling over into more selling.

Ultimately, I believe the lows on Wednesday or Thursday will be the immediate base/bottom for this breakdown phase (near 587-593).

I'm not getting overly aggressive related to today's RALLY pattern.

I don't believe the markets have the momentum to rally very hard today and I believe we'll see a ROLLOVER type of move today - resulting in more downward selling.

BTCUSD is usually tied to the QQQ/NQ related to price action and the breakdown of BTCUSD may put additional pressure on the QQQ/NQ today.

So, get ready for a pretty volatile day. My estimate is price will ROLL DOWNWARD after a moderately strong open. Then, get ready for some volatility.

Get some.

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