SPY/QQQ Plan Your Trade For 6-13 : Harami-Inside Pattern

526
Today's pattern suggests the markets may stall into a sideways price range.

After the news of Israel targeting Iran in a preemptive strike late yesterday afternoon, the markets moved dramatically lower while Gold & Silver moved higher on the news.

I, personally, see this market trend as a shift in thinking ahead of a long Father's Day weekend.

I see traders trying to position their accounts/trades for uncertainty.

I believe we could see a bit of a shift today - particularly in Metals and the QQQ/NASDAQ/BTCUSD.

Overall, I strongly suggest traders prepare for extreme volatility this weekend as any further news of a counter-strike or further military action in the Middle East could roil the markets.

Happy Friday the 13th - everyone.

Going to be an interesting day to say the least.

Get some.

#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。