SPY/QQQ Plan Your Trade For 3-20-25 : Flat-Down Pattern

Today's SPY Cycle pattern suggests the SPY/QQQ will stay somewhat muted in trading range today.

I still believe the SPY/QQQ are in a moderate melt-up type of trend - attempting to reach a peak near the end of this week or early next week (see the patterns for March 24, 25, 26).

Even though I believe we are struggling to try to move higher, I do believe any failure of the SPY to move above the 0.382 Fibonacci retracement level would be a technical failure related to the breadth of this pullback.

Thus, I believe the markets have at least one more attempt to try to move higher over the next 5+ days before topping and rolling over into a broader downtrend.

Gold and Silver moved solidly lower this morning - almost like a Panic type of selling. I believe this is related to the Flat-Down pattern and I believe Gold/Silver will recover fairly quickly. I do believe this is a huge opportunity for Gold/Silver over the next 30+ days. I believe Gold will attempt to move above $3500-3600 before the end of April.

BTCUSD rolled higher yesterday by more than $4000 - just like I predicted.

Incredible.

And, that is another reason why I believe the SPY/QQQ have more room to the upside than we are seeing right now.

Remember this is a trader's market.

Get some.

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