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
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
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