SPY/QQQ Plan Your Trade : Where's The Deep-V Bottom?

I created this video to help illustrate what I believe are nearly perfect setups of multiple Excess Phase Peak Patterns over the past 30+ days in the SPY and QQQ.

It is incredible how these patterns continue to form/setup in a broadening sideways price channel. If we didn't know to look for these patterns, we could easily mistake this volatility as some type of longer-term buying opportunity.

Remember, if my research is correct, we are going to see an almost immediate reversal of the trend over the next 48 hours - leading to a Deep-V set up in the early few days of next week.

I've been wrong before, but I really do believe this Deep-V downward trend is about to happen.

I believe some news event over the weekend could send the markets into a minor panic-type selloff.

Additionally, I believe the disruptions related to what is happening in DC and other areas may be enough to send the markets searching for support.

Recent earnings have not been fantastic, and we are moving into a relatively complacent Q1:2025. So, I still believe we are moving into a broadening "megaphone" price range on the SPY and QQQ.

One thing is certain right now: In about 4 to 7 days, we'll know whether my Deep-V base/bottom pattern call (from more than 30 days ago) was accurate.

Buckle up, folks. This is when things get really interesting.

Get Some.

#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold