Today's pattern suggests the SPY will attempt to continue to flag sideways and slightly higher after finding support in early trading.
Watch my video in detail. I go into a lot of longer-term price pattern detail and discuss the post-election setup of my Anomaly Event expectation.
As I see the markets right now, they have moved, and continue to move in a direction that is likely to present a very real moderate crisis event over the next 3 to 6+ months.
The stronger US Dollar is very likely to put pressure on foreign markets/debt related to the "carry trade" that was abundant before and after COVID. The Trump win is sending the markets into a Super-Predator mode (maybe I'll create a new video about this), where global markets, central banks, and global financial institutions may be at risk related to their long-term debt positions.
At this point, The SPY and the QQQ will likely slide into a consolidation phase (a type of FLAGGING related to the broader Excess Phase Peak pattern) over the next 3+ days. Then, I expect the Anomaly Event to start to take shape and for the SPY/QQQ to begin a downward price trend.
Gold and Silver are struggling to find a bottom as the US Dollar continues to rally. Don't expect any relief for metals as along as the US Dollar is rallying like this.
This is a predatory shift related to global assets and Gold/Silver are going to stay weaker for as long as this shift continues.
BTCUSD may rally up to 108k~120k if my research is correct. BTCUSD is in a "rally to the ultimate high" mode based on a very large Weekly Excess Phase Peak pattern.
Remember, everything you need to know is already on the price chart. You just have to learn to identify these patterns and spend some time looking around at various intervals to figure out what is going to happen next.