SPY/QQQ Plan Your Trade For 8-13 : Breakaway May Pause A Bit

This morning's video covers the SPY, QQQ, Gold, Bitcoin, IWM, and more.

I suspect today's Breakaway pattern will result in a moderate pause before the markets attempt to move higher.

I still believe the US markets are shifting (decoupling) from global markets a bit, and we are amid a mild "shakeout."

I believe the US markets must settle (establish a base) before the rally can continue.

Ultimately, what has changed over the past 90 days is nothing other than the fact that we have a new dynamic in US politics, and the BOJ has warned that the US Fed's rate decisions may put extreme pressure on foreign currencies.

Get ready for a bit of a sideways slide before the markets resume trending (I believe upward) again.

Get some.

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