SPY/QQQ Plan Your Trade For 1-8-25: RALLY pattern

vorgestern

Please take a few minutes to watch this entire video.

I spent quite a bit of time trying to explain to all of my followers why the markets are struggling to find a trend and why the volatility has been so excessive over the past 3+ months.

Simply put, the markets are trying to reprice a Trump Economy (changing from a Biden economy).

In my opinion, the new Trump economy will still be decent/good - but there will be changes and the US Fed is still trying to borrow based on past data - which traders no longer believe is going to be valid reflecting future US economic/policy actions.

Thus, yields are rising as investors demand MORE PROTECTION against unknowns.

And, THAT is one of the primary reasons why the US Dollar and Yields are really driving most of this market volatility.

Again, simply put, investors/traders are unsure of what the future US/global economy looks like (specifically with Trump suggesting he is going to "streamline" the US government/agencies, and fix the US BLOAT). To many people, that is a big unknown.

I do believe today's Rally phase in the SPY/QQQ, as well as the Rally phase in Gold, will resolve to the upside. Yesterday's move was, IMO, another "washout low".

We'll see how things play out today and see IF we get a RALLY move in the markets.

Bitcoin rolled downward right at the dual Flag levels - just as I suggested. Now we'll see Bitcoin roll back towards recent lows - trying to identify support, or break downward - targeting the 72k I suggested would be the next lower level.

Get some.

Stay ahead of these markets and remember to trade efficiently (BOOK PROFITS).

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