July 21 Special Update : Metals, SPY & More. What's Next.SPDR S&P 500 ETF TRUSTBATS:SPYBradMathenyThis special update is to highlight why I continue to believe traders should stay very cautious of this rally in the SPY/QQQ/BTCUSD. Underlying economic data suggest that this is one big speculative rally following the April Tariff collapse. And, the economic data I see from my custom indexes suggests the markets are moving into a very volatile and potentially dangerous topping pattern. As I've stated many times in this video. I'm not saying the markets have topped and you should SELL EVERYTHING. I'm suggesting this market is extremely over-valued in terms of the underlying risk factors at play and the very clear data that suggests the markets are already in a recessionary price trend. You may ask, "How can the markets continue to rally like this in a moderate recession?". The answer is simple. All bubbles end with a super-speculative phase. This phase is where everyone piles into a euphoric attempt to ride the rally higher. It happened in the late 1990s. It has happened again through the 2000-2005+ housing bubble. Heck, it has occurred in the collectors market over the past few decades where people spent fortunes on the "hottest items" (think Beanie-Babies) only to find out they bought at the height of the bubble. That is why I continue to urge traders to remain cautious and to withdraw profits from this speculative rally phase. Protect your investment capital immediately and consider the risks associated with the information I share in this video. I'm not trying to scare anyone. I'm just trying to be realistic in terms of what I see in my data and why I believe now is the best time to MOVE TO SAFETY. My data suggests that the markets are about to enter a fragile and potentially dangerous pullback phase. If you want to ride it out - go for it. Otherwise, prepare for significant volatility over the next six months or more. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver