SPY/QQQ Plan Your Trade 7-17 Opening Price Update - Breakdown

17 июл.I created this short video to help you understand we are still cautious of a continued breakdown in price - retesting deeper support.

The breakdown pattern I suggested would happen based on my SPY Cycle Patterns played out perfectly this morning.

I expect a type of "V" shaped bottom/base to be set up, but I believe the SPY/QQQ may continue to push downward - attempting to WASH OUT longs and stress the markets before rolling higher into the close today and going much higher tomorrow.

Please pay attention to my research.

I have to say, the past few weeks of sharing my SPY Cycle Patterns on TV and trying to prove the validity of my technology have been very exciting. There is nothing like putting your neck on the chopping block by making bold predictions for price and watching to see what happens.

I was either going to find my patterns work - or find out they don't work.

Pay attention to this video because we may have more downward price trending before we find a bottom.

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