BradMatheny

SPY RALLY WEEK - Are you ready for it?

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
I continue to post these SPY Cycle Patterns as a way to help educate and explore my research/results.

The interesting part of this research is these patterns originate at an anchor point nearly 5 years ago and continue to produce valuable predictive results for each week going forward - all the way out to 2028 and beyond.

Why are they so important?

Because they can help you understand how cycles, price patterns, and psychology play a role in future price activity.

Of course, they are not 100% accurate as news items, the US Fed, and other (govt) actions may disrupt the cycle pattern trends. Ultimately, these are some of the best predictive solutions I've seen related to preparing for future trends/expectations in a long while.

Elliot wave is a great tool, but it adapts to future price movement. Therefore, what you see and believe is going to happen right now may not be valid in 2 to 5 days.

Fibonacci is probably the most valuable solution for attempting to develop any type of predictive modeling - besides my Cycle Patterns.

Well, this is all just conjecture related to what I believe.

Here we go - RALLY WEEK. Let's see what happens.

Most of November 2022 is looking quite bullish. So we may see a fairly strong start to a Christmas Rally setting up this week.

11-6: CRUSH - I expect this pattern to push into Monday, driving a fairly strong upward trend.
11-7: Flat-Down - this pattern may transition into early Tuesday, but quickly move towards the BreakAway trend.
11-8: BreakAway - This pattern should carry through most of Tuesday/Wednesday.
11-9: Rally - Off we go.
11-10: Rally - Continued rally (short squeeze)
11-11: Rally - possibly a stalling rally phase headed into the weekend.
11-12: Carryover - the weekend will setup as a pause, rotation, bottom for early next week.
11-13: Bottom

Follow my research..

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