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SPY/QQQ Plan Your Trade 11-1 Update: Silver Still Leading

Please watch this video to understand why I believe the downside risks are still dominant related to price trending.

Yes, we've seen a solid recovery today, but watching Silver and RSP, it appears the Excess Phase Peak pattern is still progressing toward a breakdown new low.

I urge all traders to stay very cautious of the risks throughout today and Monday.

The markets need to climb higher quite a bit to invalidate this pattern - and I don't see that happening before Nov 5.

Buckle up.

Get some.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.