SPY/QQQ Plan Your Trade for 2-13: Harami Inside Pattern
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Today's pattern is a Harami Inside pattern. This suggests the markets will stay rather muted today - attempting to stay within yesterday's high/low range.
I believe the markets are still struggling to identify a channel that will ultimately break to the downside.
You'll see in this video why I believe the markets are struggling and will attempt to confirm the multiple Excess Phase Peak patterns over the next 20+ days - attempting to move downward.
But, we do have a very interesting FLAG/CHANNEL setup on the NQ, which is somewhat confirmed on the ES.
What I can guarantee is that we will see extreme volatility over the next 20-30+ days as price moves into the Flag Apex - attempting to break away from the Apex level.
Thank you for all your support and understanding yesterday. Dad is good. No issues.
The VA out here is great (Long Beach). Probably the best center for spinal recovery in the US. I love the people up there and how they take care of my father.
I urge everyone to stay cautious until the end of this week. As you know, I expect a breakdown into new lows.
We'll see if it plays out as I expect over the next week+.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.