SPY/QQQ Plan Your Trade For 1-24 : CRUSH pattern

Today's CRUSH pattern should resolve as a very big and very volatile price move. Based on my experience with CRUSH patterns, I believe today's move will be to the downside.

The current trend is bullish/up (over the past 3+ days) and the SPY has just closed at a new closing price ATH.

The QQQ is still below ATH levels and is moving cleanly in an EPP Flagging channel.

I believe the SPY will stall out and revert downward today - essentially touching the new ATH levels yesterday, then rolling downward into my 1-20 through 1-23 topping pattern.

Gold and Silver are moving strongly higher today as metals finally start to hedge against global risk factors. Get ready, I see metals moving much higher over the next 60 to 90+ days.

BTCUSD has moved into a dual flagging pattern that I believe will resolve to the downside by about 9AM PT (12 noon ET). If my analysis is correct, this breakdown in BTCUSD could be the catalyst for a broader market downturn.

It sure looks like today is going to be a great day for traders.

Get some.

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