SPY/QQQ Plan Your Trade for 3-21-25 : BreakAway Pattern

Today's Breakaway pattern may show up in the form of an Island Top or break-away to the upside if my analysis is correct.

I see the markets stalling over the past few days, potentially setting up a "last breakaway" type of pattern today.

I've highlighted how these "last" patterns work where price sets up a peak or trough (in this case a peak) as a last/exhaustion move and how this move can sometimes be very aggressive.

I urge traders to stay cautious today as we are moving into a MAJOR REVERSAL weekend.

I believe the markets will suddenly change direction next week (early) and will move back into downward trending by March 25-26.

Gold and Silver may rally today if the markets move into that Exhaustion Peak pattern. Keep an eye out for Gold/Silver/Bitcoin to potentially rally today and into early next week.

Overall, traders should stay very cautious as we move into next week's peak/top/rollover.

Don't get too aggressive trying to prepare for the rollover or any potential upside move over the next 3-5+ days.

Let the markets show us what and when we need to be aggressive.

Get Some.

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