SPY Cycle Patterns Update
This weekend, I spent quite a bit of time studying various rare and unique cycle patterns within my database.
Because of this new research, I can share with you the new WEEKEND trigger which setup last weekend. I suspect a bullish GAP will setup early this week with price trending substantially downward on Monday. Tuesday should represent another attempt at a top/peak in price (possibly resulting in some wild volatility Monday/Tuesday). Wednesday will represent a Reversal/Rally day - possibly extending price up into a BULL TRAP for investors. Thursday is a N/A Day - meaning I don't have any confirmed Cycle Pattern trigger for that day. Friday will be another Top/Resistance day - likely seeing the markets establish a peak in price (again) and trending downward.
Headed into the Fed week and knowing traders will be preparing for future headwinds related to futures/options expiration, this week could be full of very volatile price action. I suspect Monday/Tuesday will set the RANGE for the week and the rest of the week will trade somewhat sideways.
Follow my research. These cycle patterns have been very accurate so far.
Because of this new research, I can share with you the new WEEKEND trigger which setup last weekend. I suspect a bullish GAP will setup early this week with price trending substantially downward on Monday. Tuesday should represent another attempt at a top/peak in price (possibly resulting in some wild volatility Monday/Tuesday). Wednesday will represent a Reversal/Rally day - possibly extending price up into a BULL TRAP for investors. Thursday is a N/A Day - meaning I don't have any confirmed Cycle Pattern trigger for that day. Friday will be another Top/Resistance day - likely seeing the markets establish a peak in price (again) and trending downward.
Headed into the Fed week and knowing traders will be preparing for future headwinds related to futures/options expiration, this week could be full of very volatile price action. I suspect Monday/Tuesday will set the RANGE for the week and the rest of the week will trade somewhat sideways.
Follow my research. These cycle patterns have been very accurate so far.
Get More Great Research & Tools
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.Com Expert Growth Today
Visit ment.com To Get Started
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.Com Expert Growth Today
Visit ment.com To Get Started
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.