SPY/QQQ Plan Your Trade For 4-30 : Carryover Pattern

Today's Carryover pattern suggests the markets may attempt to trend slightly upward after the big downward pressure/GAP sets up this morning.

As many of you are already aware, I have been predicting a May 2-5 Major Bottom in the markets.

I would suggest today's carryover pattern may be negated by an early breakdown in the markets. If my May 2-5 Major Bottom pattern is going to show up, the markets would likely start to break downward today and tomorrow - leading to the Major CRUSH pattern on Friday.

Gold and Silver appear to be consolidating into a flagging/cradle pattern. I believe the downward pressure on the markets will likely prompt a flush-out low in metals before another big rally phase sets up.

BTCUSD is stalling and will likely pull downward as my May 2-5 Major Bottom pattern plays out.

Basically, HEDGE your positions.

This market looks like it will roll into a moderate low over the next 4-5+ days, then base and bottom after May 10th or so.

As I've suggested, I positioned for this move about 4-5 days ago. Now, I just need to ride it out and start booking profits when they happen.

Get some.

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