Bitcoin
Short

SPY/QQQ Plan Your Trade For 2-26 : Rally in Counter-Trend

421
Today's pattern suggests the SPY/QQQ may move downward a bit as a Rally in Counter-trend mode suggests more of a breakdown type of pattern today.

I believe the recent GAP on the SPY/QQQ chart (Monday) sets an easy target for price to attempt to fill that gap downward.

Gold and Silver are in a very strong rally phase over the next 5+ trading days. Get ready for an explosive upward trend in metals.

Bitcoin is stalling near the upper channel. I suspect we may see a rollover and downward price trend in Bitcoin.

Overall, today is a day I plan on getting as far as I can on my new book. Over the past few weeks, I've had lots of disruptions and family emergencies.

Today, I think I have a full day of working on code/projects and the book.

I gave you guys a little glimpse into my work on the book today and I expect to have it ready within the next 10-15 days (God willing).

Get some.

#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.