SPY/QQQ Plan Your Trade For 9-4 : CRUSH Blends Into Rev-Rally

4 сент.

Yesterday's price move was clearly a CRUSH pattern I expected on Monday. Because of the holiday trading schedule this week, I believe the CRUSH pattern blended into Tuesday's trading - resulting in today's pattern being a blend of the Rev-Rally pattern on Tuesday and the Up-Down-Up pattern for Wednesday.

Overall, I believe the CRUSH pattern removed a lot of downward price pressure and set the markets up for a bigger upward move starting on September 9-11.

At this point, I believe the US markets will attempt to find a base/support and transition into the end of this week by "looking for support—then rallying away from support."

So, I expect the US markets to find a critical support level today or tomorrow, then begin to form a base and rally away from that support level.

Let's play what is in front of us on the charts and Get Some.

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