SPY/QQQ Plan Your Trade For 12-16: Inside BreakawayThis video highlights what I believe will be a rotating topping pattern setting up in the SPY/QQQ over the next 3-4+ days.
Traders should move away from risk headed into Christmas and the end of 2024.
Gold and Silver will likely make a move higher over the next 5+ days - attempting to recover lost ground from last week's selling.
Bitcoin rallied to key resistance and will likely move into a consolidated range (again).
This is the time to pull capital away from risks and sit tight through the Inauguration. I believe we'll be seeing lots of day trading opportunities with volatility - but I also believe the markets are setup for a downward price swing headed into the Inauguration.
Buckle up.
Get some.
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