SPY/QQQ Plan Your Trade For 9-3 : Reversal Rally Today.
Today's SPY Cycle Pattern is a Reversal Rally.
After yesterday's CRUSH pattern (on the Labor Day holiday), we should expect the indexes to persist in a moderate rally phase (or melt-up) today.
I believe yesterday's CRUSH pattern played out very nicely on the ES.
Today's Reversal Rally pattern should result in the ES attempt to move back to 5653-5660.
For the SPY, that will be a move back to 563.00 to 563.40.
Overall, I believe today will show a solid attempt to move higher (melting upward) as the price slides into the end of this week very sideways/flat.
Starting on Sept 9-10, we should start to move into a rally phase for the SPY/QQQ.
Sit tight until then. These intra-day swings are perfect for day trading Gunslingers.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
After yesterday's CRUSH pattern (on the Labor Day holiday), we should expect the indexes to persist in a moderate rally phase (or melt-up) today.
I believe yesterday's CRUSH pattern played out very nicely on the ES.
Today's Reversal Rally pattern should result in the ES attempt to move back to 5653-5660.
For the SPY, that will be a move back to 563.00 to 563.40.
Overall, I believe today will show a solid attempt to move higher (melting upward) as the price slides into the end of this week very sideways/flat.
Starting on Sept 9-10, we should start to move into a rally phase for the SPY/QQQ.
Sit tight until then. These intra-day swings are perfect for day trading Gunslingers.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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