SPY/QQQ Plan Your Trade Update For 4-30 : Moving Into Flagging

This quick update video should help you understand how my May 2-5 Major Bottom pattern could represent a move into FLAGGING within an inverted EPP pattern.

If my research is correct, the next move for the market will be a moderate downward price trend that will represent the FLAGGING portion of the inverted EPP pattern.

You've all see how bullish EPP patterns play out over the past 3 to 5+ months. Now we get to see how this recent SPY low near 480 turns into an inverted EPP pattern. This is basically the same pattern - but forming in an inverted mode.

As we transition through this inverted EPP pattern, what I'm looking for is a breakdown move to create the new FLAGGING formation. This move aligns perfectly with my May 2-5 Major Bottom pattern and could be a perfect setup for the attempted "breaking of the Flag High" in late May 2025.

I'm watching Gold and Silver stay relatively strong today. So I'm seeing today's market move as a "reversion move" - not really a breakdown move (yet).

It will be interesting to see how this plays out.

If the markets move into Flagging, as I expect, the big opportunities will be to ride the Flagging & Breakdown patterns over the next 30+ days before we move into either an INVALIDATION or CONTINUATION phase of the inverted EPP pattern.

Price is the ultimate indicator - you just need to know what to look for.

Get some.

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