SPY/QQQ Plan Your Trade For 6-23 : Afternoon Update

What happened to the CRUSH pattern?

Everyone wants to know why the CRUSH pattern didn't show up today. Well, I keep telling all of you these SPY Cycle Patterns are based on GANN, Tesla and Fibonacci price structures. They do not take into consideration news, global events, or anything outside of PRICE.

They are predictive - meaning they attempt to predict potential price shapes/patterns weeks, months, and years in advance.

The markets, obviously, are seeking some normalcy after the Iran conflict. I thought the CRUSH pattern would have been a perfect fit for today - but obviously the markets didn't agree.

If you have been following my videos, you know I keep saying the US stock market is acting as a global hedge for risks. Traders are pouring capital into the US stock market as a way to avoid global risk factors.

Traders are also pouring capital into Gold/Silver. Demand for physical metals is through the roof right now.

Time will tell if my Excess Phase Peak pattern plays out as I expect or if we rally to new ATHs.

Obviously, this sideways rollover topping pattern could present a breakaway in either direction.

Again, my patterns are not correlated based on news or other events. They are strictly price-based.

Get some...

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