Stay cautious of a PEAK/TOP in the markets today.

My SPY Cycle Patterns suggest the markets will establish a PEAK/TOP today - then trend downward.

I created this video to help my followers stay aware of the short-term nature of price in a reactionary price trend - like today.

If you are chasing this rally, stay very cautious of risks related to my SPY cycle patterns. Overall, I expect the markets to peak, stall, then trend downward over the next 48 hours.

Take quick trades with targeted profit targets. This is not a friendly market uptrend in my opinion.

I believe the $408 level is a likely downside price target for the SPY by Thursday.

Follow my research