SPY/QQQ Plan Your Trade For 9-11 : Inside Breakaway

11 Sep

Today's pattern suggests the SPY will open within yesterday's price range and attempt to "break away" from yesterday's range.

I still believe we are moving into a secondary Excess Phase Peak pattern (flagging higher), which will prompt the SPY to attempt to rally to near 560. Because of this, I'm expecting a continued upward push toward the 558-560 area before it stalls and tops out.

I suggest traders prepare for a lot of morning volatility today in early trading, followed by a strong push into higher price trending (upward) as today's BreakAway plays out.

Gold and Silver are making a decent move higher - as I suggested. Remember, Gold and Silver will peak out within the next 4~5 days and will likely reach a sudden peak/top after Sept 20th, resulting in a quick, deep-V type collapse.

I expect metals to move into that Deep-V base/bottom before October 11~14 (roughly).

The US markets and Metals will suddenly flash-crash as we move closer to the US elections. This move will likely be news or event-related. But I feel it is inevitable at this point.

Bitcoin will likely follow gold/silver and move into a moderate flash crash mode nearly simultaneously as metals.

Get ready. This flash crash trend should be a great opportunity for skilled traders.

Get some.

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