SPY/QQQ Plan Your Trade For 1-23-25 : Carryover Pattern

Today's Carryover pattern suggests the markets will attempt to hold near recent support while attempting to determine trend. I view it as move of an indecisive day - looking to see if the markets can break to new all-time highs or if the markets have reached the top I've been discussing.

In my opinion, today will be a pause/consolidation day in the SPY/QQQ - leading to the big CRUSH pattern tomorrow.

Gold and Silver are under quite a bit of pressure this morning. The metals pattern is a BOTTOM pattern. So, I expect this selling in metals to be reflective of issues that will drive the SPY/QQQ downward tomorrow (the CRUSH pattern) and likely result in a moderate downward trend in the SPY/QQQ over the next 2 weeks.

Metals will recover and try to move higher as metals continues to hedge against global risks.

BTCUSD is moving downward - trying to break below the Flag Support level of the EPP pattern.

I believe tomorrow will be a pivotal day for the markets and today will be a fairly consolidated day overall.

Get some.

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