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Stay cautious of a PEAK/TOP in the markets today.

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My SPY Cycle Patterns suggest the markets will establish a PEAK/TOP today - then trend downward.

I created this video to help my followers stay aware of the short-term nature of price in a reactionary price trend - like today.

If you are chasing this rally, stay very cautious of risks related to my SPY cycle patterns. Overall, I expect the markets to peak, stall, then trend downward over the next 48 hours.

Take quick trades with targeted profit targets. This is not a friendly market uptrend in my opinion.

I believe the $408 level is a likely downside price target for the SPY by Thursday.

Follow my research
BradMatheny
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Beyond Technical AnalysisCPIESTechnical IndicatorsNQS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) StocksTOPTrend Analysisym

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Beyond Technical AnalysisCPIESTechnical IndicatorsNQS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) StocksTOPTrend Analysisym
BradMatheny
Love My Videos/Research - GET MORE..
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..

Join Ment.com Expert Growth Today

Get Some.
Also on:

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.