Is this the top? SPY/QQQ Plan Your Trade Update For 8-20

I know it has been a while since I shared a video.

This video is designed to share the downside risks I see as a potential for the markets IF this big speculative phase unwinds like I think.

Ultimately, you guys are the ones who will be making the trading decisions. I just want you to be aware that the markets are extremely volatile right now and the data is pointing to a very clean Excess Phase Peak (EPP) pattern.

As you are all aware, the EPP pattern suggests that a breakdown in price is likely where price may attempt to target the FLAG LOW.

If that happens, be prepared for a -15% to -20% breakdown in price before the end of 2025 - possibly seeing an even bigger price collapse.

In my opinion, this breakdown is the result of a broad unwinding of excesses related to the Biden economy (free money) and a move towards more reasonable US economic policies.

Overall, this pullback is necessary for the Wave 1 of Wave 5 structure to complete. Once this pullback is complete, the bigger rally phase (Wave 3 of Wave 5) will begin. And get ready for a big rally phase with Wave 3.

So, I hope this video helps you learn how to identify and plan for some of the biggest price swings in the SPY/QQQ, and prepare for even bigger moves in Gold/Silver and Bitcoin.

Get some.

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