SPY/QQQ Plan Your Trade For 8-22 : Flat-Down Pattern
Today's pattern suggests the SPY/QQQ will stay within a flat/downward type of price trend.
In this video I cover Gold, Bitcoin, and the SPY.
What I see is a consolidated flagging formation across many markets. As I suggested early on Monday - this week may be the week to go golfing or find something fun to do as it appears the SPY/QQQ and other are simply trading sideways (flagging).
We'll see how things play out today.
I would not be surprized to be saying the same thing tomorrow morning.
As we close out the week, get ready for a bigger price move into late August/early-September.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.