SPY/QQQ Plan Your Trade For 4-11 : Break-Away in Carryover

Today's Break-away pattern suggests the SPY/QQQ will attempt to move (break) away from yesterday's Body range. I believe this trend, after the recent Ultimate Low in price, will be to the upside.

I know a lot of people are asking, "why do you think the markets are going to rally now - after you suggested the markets would trend downward?"

Things have changed now that we have a 90-day pause in the tariff wars. Yes, China is still an issue - but the rest of the world seems to have a pause on the tariff wars as negotiations continue.

I believe the removal of the tariff pressure on the markets will result in a moderate upward trend as we move into Q1:2025 earnings season.

Still, I don't believe we will see new ATHs anytime soon. But I do believe the 580+ level on the SPY is a potential high price level that can be reached before the end of April 2025.

Gold and Silver are moving into a GAP trend move today. I believe the GAP will be to the upside and I believe Gold and Silver will continue to rally.

Silver is really low in terms of comparison to Gold. Silver could make a very big move to the upside over the next 30+ days.

BTCUSD is still consolidating into the narrow range I suggested would happen before the bigger breakdown event near the end of April (into early May).

Everything is playing out just as I expected. The big change is the removal of the tariffs for 75+ nations (for now). That will give the markets some room to the upside and we need to understand how price structure is playing out into an A-B-C wave structure.

Get some.

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