SPY/QQQ Plan Your Trade For 4-1-25 : Temp Bottom Pattern

Today's pattern suggests the SPY/QQQ will attempt to find temporary support near recent lows or a bit lower.

I'm not expecting much in terms of price trending today. I do believe the downward price trend will continue today with the SPY attempting to move down to the 548-550 level trying to find support.

The QQQ will likely attempt to move downward toward the 458-460 level trying to find the support/base/bottom level today.

Gold and Silver are in a moderate consolidation phase that I believe is transitioning through a Flag-Trend-Flag-Trend-Flag-Trend type of phase. Ultimately, the trend will continue to push higher through this phase as metals have moved into the broad Expansion phase. This phase should see gold attempt to move above $4500+ before the end of May/June 2025.

BTCUSD is rolling within the 0.382 to 0.618 Fibonacci price levels related to the last price swing. I see this middle Fib level and the "battle ground" for price. I expect price to stall, consolidate, and roll around between these levels trying to establish a new trend.

Thus, I believe BTCUSD will move downward, attempting to move back down to the $78,000 level.

Nothing has really changed in my analysis except that we are experiencing a 48-96 hour consolidation phase before we move back into big trending.

Play smart. Position your trades so that you can profit from this rolling price trend and prepare for the bigger price move downward (targeting the bigger base/bottom near April 15, 2025).

Get some.

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