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Welcome To The Zombie-Land Of Investing – Part 2

In Part I of this research post, we highlight how the ES and Gold reacted 24+ months prior to the 2007-08 market peak and subsequent collapse in 2008-09.  The point we were trying to push out to our followers was that the current US stock market indexes are acting in a very similar formation within a very mature uptrend cycle.

We ended Part I with this chart, below, comparing 2006-08 with 2018-19.  Our intent was to highlight the new price high similarities as well as the price rotation similarities between the two critical peaks in market price. We are terming the current market a “Zombie-land” because it appears global investors are somewhat brain-dead as to the total risks that are setting up in the global markets right now. But, wait before you continue reading make sure to opt-in to our free market trend signals newsletter.

Forward guidance is waning. Earning expectations are decreasing.  Debt levels are skyrocketing all over the planet.  Global banks are continuing to move into more Quantitative Easing measures to attempt to spark growth.  The equity markets are 9+ years into a rally while the global central banks are 10+ years into some form of continued QE efforts.  Global economic data suggests a moderate downturn in economic activity and growth for many foreign nations.  We believe the next crisis will not originate in the US, but from outside the US.  We believe the risks associated with the massive debt levels in the foreign markets will be the reason for another price decline.  Quite possibly, a commodity price collapse (think OIL) will become the catalyst for this event.

IF OIL WERE TO FALL BELOW $45…

If Oil were to fall below $45 (eventually possibly flirting with the $30 price level) as our predictive modeling suggests, then we believe many foreign nations will suddenly become serious risk factor related to debt/credit and could potentially create a domino-process where the US/Global markets collapse on this new risk factor. Our last predictive model signal was for natural gas and we just close out the trade locking in 19% profits this week.

IS 2007 SETTING UP ALL OVER AGAIN?

But what if this is 2007 setting up all over again?  Take a look at the ES chart above – where a peak setup in May/June 2007, followed by a deep price correction.  Follow that price move even further to see how price rallied to a new all-time high throughout July, August and most of September before setting up in a deeper price rotation in late September and carrying forward into October.  Now, take a look at this current ES Weekly chart to see if there is any similarity between them.

GOLD UP 50% FROM ITS LOWS ALREADY

Gold has already rallied nearly 49% from the 2015 lows and the recent price rotation is somewhat similar to what happened to Gold in 2006-2007.  The extended base that set up between 2017 and 2018 could be interpreted as a similar type of base that set up in 2006-07.  The current rally is somewhat similar to what happened in late 2007 and early 2008 when the US stock market began to collapse volatility expanded in a strong uptrend which was followed by a moderate price retracement before Gold began a rally totaling more than 250% from the base/bottom.  Is this setup happening again right now?

WEEKLY NQ CHART SHOWS THE EXTENDED MELT-UP

This Weekly NQ chart shows the extended melt-up that is taking place after the October to December deep price rotation that took place in 2018.  We believe this deep price rotation is similar to the deep price rotation that happened between July and September 2007.  The subsequent “melt-up” process is a function of the “zombie-land” function of price and bias.  Investors chase after security and returns by pushing the price higher and higher when fundamentals and expectations don’t align with these expectations.  This same type of “zombie-land melt-up” happened in 2007 as well.

We understand the implications of this research post and want to warn all of our followers they need to be extremely cautious of the current market setup.  Even though the US stock market may continue an upside bias within a melt-up process, we believe there are very strong underlying risks in the markets that could prompt a very deep price correction.

THE US FED IS NOT LOWERING RATES BECAUSE …

The US Fed is not lowering rates because of market strength and super strong forward guidance.  They are lowering rates because they believe risks exist in the debt/credit market and are trying to stay ahead of a big problem – a potentially very big problem.  The overnight REPO market has been a topic for our researchers for the past 45+ days as this temporary institutional debt tool has exploded recently.  Now, the US Fed has actively decreased rates and has begun acquiring more debt on its balance sheet.. hmm.  That seems strangely similar to another credit/debt crisis event.

(source: https://thesoundingline.com/october-saw-the-largest-increase-in-feds-balance-sheet-since-the-financial-crisis/)

We know many of our followers may consider this just another warning from a bunch of doom-sayers again.  We’re not wishing for this outcome – trust us.  We simply look at the technical data, determine a probable outcome and present our findings to our followers to try to keep them informed.

Too many similarities are starting to align to make this just some strange coincidence.  Too many unknowns and uncertainties are aligning just 12 months before a US presidential election cycle.  It seems strangely familiar to us that these same types of price events are unfolding now.  If there is no correlation then we’ll likely be incorrect in our analysis.  But if we are right and there is a major price reversion event setting up, we think it is wise to alert as many of our friends as possible.

Keep reading our research because our proprietary tools have been nailing all of these price targets and move many months in advance.

I urge you visit my ETF Wealth Building Newsletter and if you like what I offer, join me with the 1-year subscription to lock in the lowest rate possible and ride my coattails as I navigate these financial market and build wealth while others lose nearly everything they own during the next financial crisis. Join Now and Get a Free 1oz Silver Bar!

As a technical analysis and trader since 1997, I have been through a few bull/bear market cycles. I believe I have a good pulse on the market and timing key turning points for both short-term swing trading and long-term investment capital. The opportunities are massive/life-changing if handled properly.

Chris Vermeulen
www.TheTechnicalTraders.com

Long-Term Predictive Software Suggests Volatility May Surge

Over the past few weeks and months, a number of key economic data has continued to rally the US major indexes towards new highs, hopes of a US/China trade deal, a continued shift of capital in the US markets for protection and safety, and moderately strong US economic indicators and an earning season that appears to be moderately strong for Q3 of 2019.  The interesting facet of this move higher is that it is happening while trading volume has diminished dramatically in the SPY.  The futures contracts, the ES, YM, and NQ, continue to show relatively strong volume activity though.

Additionally, the overnight Repo markets have risen to the attention of many skilled analysts.  The concern is that the continued US Fed support of the overnight Repo facility may be a band-aid attempt to support a gaping credit crisis that is brewing just outside of view.  We’ve been doing quite a bit of research over the past few weeks regarding this Repo market support by the US Fed and we believe there is more to it than many believe.  We believe certain institutional banking firms may be at extreme risks related to derivative investments, shadow banking activities and/or global commodity/stock/currency/asset risk exposure.  The only answer we have for the extended Repo facility at increasing levels is that the institutional banking system is starting to “fray around the edges”.  Thus, we believe some larger credit risk problems may be just around the corner.

Our longer-term analysis continues to suggest that “all is fine – until it is not”.  Our belief that a capital shift that has been taking place over the past 5+ years where foreign capital continues to pour into the US markets is driving US stock market prices higher.  There is evidence that the capital shift into the US has slowed over the past 5+ months, yet one would not notice this by looking at these longer-term charts.  The point we are trying to make today is that price peaks near current highs have, historically, been met with strong resistance and collapsed by 8 to 15% on average.

SP500 INDEX – 2 MONTH LONG TERM CHART

This ES 2 Month chart highlights the resistance channel initiated near the 2003 lows (the lower YELLOW price channel line) and how that level has continued to act as moderate price resistance throughout most of 2017, 2018 and 2019.  We believe that price, at current levels, must either rally above this level and be capable of sustaining higher price levels (which would be supported by stronger forward guidance, earnings, economic data and/or investments), or will attempt to rotate lower from these current highs because price is simply unable to support/sustain higher price levels given the current global economic data.

When we attempt to rationalize the potential for price given the Repo issues, the current global economic data/news, the uncertainty of a US Presidential election cycle only 12 months away, the BREXIT deal hanging out in the near future and recent currency rotations, we believe is transitional shift is taking place in the markets in preparation for some type of surge in volatility associated with a very strong potential for extended price rotation.

NASDAQ 2 WEEK CHART – ADAPTIVE DYNAMIC LEARNING (ADL)

Our Adaptive Dynamic Learning (ADL) price modeling system on this NQ 2-Week chart highlights what the ADL system suggests as a moderate price rotation setting up over the next 2 to 8+ weeks.  This data originates on August 5, 2019, and the alignment of the future predicted price levels (the DASHES) on this chart shows how accurate the ADL future price predictions have been over the past 3+ months.  Currently, the ADL predictive modeling system is suggesting a price reversion is about to take place in the NQ where price may fall 10 to 15% over the next 2 to 6+ weeks.  Then, the price will attempt to set up a momentum base and begin to move higher near the end of 2019 or early into 2020.

DOW 2 WEEK CHART – ADAPTIVE DYNAMIC LEARNING (ADL)

This YM 2-Week chart showing the same type of ADL predicted price levels suggests the YM may also see some type of price reversion, yet the size of this reversion is much smaller than the NQ.  The ADL predictive modeling system is suggesting the YM may rotate to levels near 26,000 or lower before finding immediate support and attempting a renewed rally back to levels near 27,000.

CONCLUDING THOUGHTS:

What this suggests is that the NASDAQ and S&P500 may become much more volatile than the Dow Jones index over the next 2 to 6+ weeks.  Volatility may surge on a reversion move in the ES and NQ over the next few months while the YM remains rather calm comparatively.  Skilled traders must understand that subtle risks are starting to show throughout the global markets.  Foreign markets are starting to show signs of extended contraction – China and Asia in particular.  The situation in Europe and with the Euro are open to interpretation.  Our opinion is that risk levels have already exceeded a comfort level in this arena.

Should some event take place where the global banking system and/or Repo market continue to attempt to take up the slack – traders will become even more concerned that “something is broken” and could pull massive amounts of capital out of the markets fairly quickly.  If this happens when volume and volatility are very low, we have a situation where simple price exploration could present a real problem (think FLASH CRASH).

Skilled traders need to stay very cautious near these new highs.  We may see a surge in volatility over the next few weeks unless the markets are able to settle the concerns raised by analysts and others.  Headed into the end of 2019, into a contentious US presidential election cycle and with obvious signs that something may be breaking in the global banking system, now is the time to protect and prepare for the unknown.  We can’t make this any clearer – consider this a warning alert from www.TheTechnicalTraders.com.

Predictive Modeling Suggests Broad Market Rotation In The NQ And ES

We wanted to share some information that suggests the NQ (NASDAQ) and ES (S&P 500) may engage in some relatively broad market rotation over the next few weeks. Also, to share that the YM (Dow Industrials) may stay relatively flat throughout this span of time.  Our Adaptive Dynamic Learning (ADL) predictive modeling system is showing somewhere between 8% to 18% or more in price movement.

The fact that our ADL predictive modeling system is suggesting the ES and NQ may rotate lower over the next few weeks and that the YM may not share the same levels of price volatility suggests that the Dow Industrials (35 stocks) may be viewed as a more solid economic base than the tech-heavy NASDAQ (100 symbols) and the various symbols within the S&P 500 (500 symbols).

It is suggesting that volatility may come from high multiple stocks or stocks that may reflect greater future economic weakness over the next 60+ days.  Almost as if a transition is taking place in the markets where investors are shifting capital away from risk and into value and dividend stocks.

WEEKLY S&P 500 (ES) CHART

This Weekly S&P 500 (ES) chart highlights the ADL predictive modeling results showing the ES should attempt higher price rotation this week, the week ending the month of September, then move dramatically lower over the next 5+ weeks.  Eventually, the support level above 2775 should hold as a lower price channel throughout this rotation.  By the end of October, it appears the price level of the ES will setup a base near or below 2900, then begin another rally above 3050.

WEEKLY NASDAQ (NQ) ADL CHART

This Weekly NQ ADL chart highlights the broader price rotation we expect to see in the NASDAQ.  The ADL predictive modeling system is suggesting the NQ will breakdown to levels below 7000 over the next 4+ weeks, potentially finding a bottom somewhere near 6500 sometime in early November.  This breakdown in price would suggest the high multiple technology stocks may fall our of favor with investors as earnings and operations expectations are revalued.  One thing to pay close attention to is that the ES chart appears to recover in November where the NQ chart recovery process is shown to be much lower in price level.  This suggests the NQ may contract by as much as 12% to 18%, or more, throughout this rotation and that the ES may begin a recovery before the NQ attempts to find a bottom.

DOW JONES (YM) WEEKLY ADL CHART

This YM Weekly ADL chart shows that the Dow Jones Industrial sector should stay relatively immune from the type of rotation the ADL is predicting for the ES and NQ charts. The ADL system is predicting that the YM price will attempt a moderate price rally over the next 8+ days, then move lower to near the 26,000 level.  At that point, price will rotate near the 26,000 level for about 4 to 5 weeks before attempting to really back above 27,500 again.  This rotation constitutes only a 4% to 5% price rotation where the ES and NQ price rotations appear to be 2x to 4x that amount.

CONCLUDING THOUGHTS:

When taken in total context, these ADL predictions suggest the ES and NQ will come under some extreme pricing pressures over the next 20 to 30+ days and that the NQ is the most likely to see a much deeper price correction throughout this span of time.

The ES will likely move lower throughout this expected price correction, but not as much as the NQ may fall.  The YM will likely rotate a bit lower as well, possibly below 26,000 for a brief period of time.  Yet the YM appears to be the most stable in terms of price volatility over the next 60 days and throughout this expected price rotation.

We believe this volatility is related to the Pennant/Flag formation that continues to setup within the broader markets.  This Apex event will initiate this price rotation if price starts reverse lower below support. The shift of capital away from technology/risk is a natural price rotation as the markets setup for another attempt at new highs.  The NQ may not recover to near highs before the end of 2019 based on our ADL price modeling system.  It may be that the run in technology is shifting into the hunt for value, dividends, and safety.

Find out what bull and bear funds to own as we enter the final quarter of the year. This is your chance to make back what you have lost or to close out the year with oversized returns. Visit my ETF trade alert newsletter at http://www.TheTechnicalTraders.com

Chris Vermeulen

Fibonacci Predictive Modeling Suggests Price Volatility Will Continue

We believe price volatility may surprise many traders throughout the end of this year.  Our proprietary Fibonacci price modeling system is suggesting that price must rotate dramatically higher or lower to establish any new confirmed price trends.  The Fibonacci price modeling system can be particularly useful in determining where and when price may attempt a major future price move.  Today, we are sharing both Daily and Weekly chart highlighting our proprietary Fibonacci price modeling system for the ES and YM to help our readers and followers understand what’s in store for the US markets over the next few weeks and months. Before we get into the details be sure to opt-in to our free market trend signals newsletter

Much like many of our other proprietary price and predictive modeling systems, the Fibonacci price modeling system adapts to price rotation, trends and volatility automatically by adjusting internal factoring levels and analysis functions to adapt to changes in price range and volatility.  The process of adapting in this manner provides us with some very insightful capabilities.  Today, we are going to focus on the Daily, the shorter term Fibonacci price analysis, and the Weekly, the longer term Fibonacci price analysis, modeling system results and attempt to share our current expectations with you.

This ES Daily Fibonacci chart prompts two initial analysis insights – first, the peaks near 3025 appear to have setup a double-top pattern that should be interpreted as major resistance.  Historical Fibonacci price trigger levels setup a range in price that has proven to be a key price channel (highlighted in LIGHT BLUE).  Current price rotation suggests continued price weakness may continue – at least until price attempts to rally above 3025 and attempts to establish a new price high.  Downside price targets are near 2900, 2695 and 2610.  Rotation within the price channel could continue for a while before a new price trend is established. If you want to see more of our trading indicators and tools click here.

This Weekly ES Fibonacci price chart highlights the very wide Fibonacci price trigger levels that suggest extreme price volatility could become a major factor going forward.  The interesting facet of this chart is that Bearish Fibonacci trigger levels have been crossed over the past 12+ months whereas Bullish Fibonacci trigger levels have stayed just outside of real price levels.  This suggests that the current upside price move, over the past 7+ months, could be a pullback in a bearish price trend.  As difficult as that may be for some traders to understand at this point, the process of the Fibonacci price modeling system that adapts to price trend and rotation is designed to allow for price to determine future outcomes.  Thus, the Bullish trigger levels being far outside the upside price peaks suggests that price may be moving higher within a defined downtrend cycle – a pullback within a bearish trend.

This Daily YM chart is setup very similar to the ES Daily chart with a defined price channel established by the current Fibonacci price trigger levels (highlighted in LIGHT BLUE on this chart).  The lower price peak recently, near September 11, suggests price was unable to rally back to near previous high levels.  Technical, this can be interpreted as a Double-top and can also be interpreted as a failure to attempt to rally above 27500.  We believe the current rotation is indicative of a channel consolidation before a breakout/breakdown move.

This Weekly YM chart highlights the extended range between the Fibonacci price trigger levels and suggests the YM is setting up a bigger move in the near future.  Just like the ES chart, the YM is showing that price is stuck within a channel and that the Fibonacci price modeling system is suggesting a breakout or breakdown move is likely.  At these times, we would fall back to the Daily charts for the shorter term analysis which suggests sideways trading within a range and the potential that the bearish price trend is the more dominant bias.

We believe the US stock market could be setting up for a downside price rotation that may become very volatile over the next 2 to 3 months.  Price would have to break below recent price troughs before we could attempt to establish any new longer-term price trends.  The recent price rotation, higher highs, and higher lows, is indicative of a bullish price trend.  Although, we believe this trend may be a technical pullback of a bearish price trend.

Ultimately, price will dictate a new price trend and extended direction.  We believe any price rotation (downward) will be fairly short lived and setup a new upside price rally that will attempt to rally beyond recent price highs.  Skilled technical traders need to be prepared for extended volatility over the next 30 to 60+ days and be prepared for some big price trends.

MORE CRUCIAL WARNING SIGNS ABOUT THE US MARKETS TOPPING AND THE GOLD AND SILVER BULL MARKET

In early June I posted a detailed video explaining in showing the bottoming formation and gold and where to spot the breakout level, I also talked about crude oil reaching it upside target after a double bottom, and I called short term top in the SP 500 index. This was one of my premarket videos for members it gives you a good taste of what you can expect each and every morning before the Opening Bell. Watch Video Here.

I then posted a detailed report talking about where the next bull and bear markets are and how to identify them. This report focused mainly on the SP 500 index and the gold miners index. My charts compared the 2008 market top and bear market along with the 2019 market prices today. See Comparison Charts Here.

On June 26th I posted that silver was likely to pause for a week or two before it took another run up on June 26. This played out perfectly as well and silver is now head up to our first key price target of $17. See Silver Price Cycle and Analysis.

More recently on July 16th, I warned that the next financial crisis (bear market) was scary close, possibly just a couple weeks away. The charts I posted will make you really start to worry. See Scary Bear Market Setup Charts.

CONCLUDING THOUGHTS:

In short, you should be starting to get a feel of where stocks are headed along with precious metals for the next 8-24 months. The next step is knowing when and what to buy and sell as these turning points take place, and this is the hard part. If you want someone to guide you through the next 12-24 months complete with detailed market analysis and trade alerts (entry, targets and exit price levels) join my ETF Trading Newsletter.

Be prepared for these incredible price swings before they happen and learn how you can identify and trade these fantastic trading opportunities in 2019, 2020, and beyond with our  Wealth Building & Global Financial Reset Newsletter.  You won’t want to miss this big move, folks.  As you can see from our research, everything has been setting up for this move for many months.

Join me with a 1 or 2-year subscription to lock in the lowest rate possible and ride my coattails as I navigate these financial market and build wealth while others lose nearly everything they own during the next financial crisis.

As a technical analysis and trader since 1997, I have been through a few bull/bear market cycles. I believe I have a good pulse on the market and timing key turning points for both short-term swing trading and long-term investment capital. The opportunities starting to present themselves will be life-changing if handled properly.

FREE GOLD OR SILVER WITH MEMBERSHIP!

Kill two birds with one stone and subscribe for two years to get your FREE PRECIOUS METAL and get enough trades to profit through the next metals bull market and financial crisis!

Chris Vermeulen – www.TheTechnicalTraders.com

NOTICE: Our free research does not constitute a trade recommendation, or solicitation for our readers to take any action regarding this research.  It is provided for educational purposes only.  Our research team produces these research articles to share information with our followers/readers in an effort to try to keep you well informed.  Visit our web site (www.thetechnicaltraders.com) to learn how to take advantage of our members-only research and trading signals.

ES Must Hold Above 2800 Or The Selling Will Intensify

First off, we were so happy to hear from all of our followers over the weekend and early today regarding their support for our incredible market predictions – specifically the call about the August 19th breakdown prediction.  We stuck to our guns believing in our predictive modeling systems and our research team.  We knew it would be just a matter of time before the weakness our models were showing us to actualize in a real price breakdown.  We want to thank all of you who wrote to us and thanked us and our team for their hard work and dedication.

Now, we’ll highlight some recent events in the ES chart (S&P500 E-Mini Futures) and how it related to the bigger picture in the markets.

Before we get into the details of the market recovery today, we want all of you to understand that is natural for the markets to move in rotational waves as price establishes new highs or lows.  In fact, it is essential and healthy for the markets to do this.  When the markets move in an unnatural way by trending excessively over short periods of time, it reflects an imbalance in the fundamentals of the markets or the core elements of supply/demand economics.  When the bottom falls out of a market, for example, it is usually because of some type of external news item or some other type of external factor/event.  The markets themselves naturally have a way of processing expectations and price value through the process of buying and selling in an open market.

Therefore, as we continue this research post, please understand that any further price breakdown will likely become a process of price waves or rotations over the next few days and weeks that continue to break the most recent series of upward sloping highs and lows (from January 2019 till July 2019). But first, be sure to opt-in to our free stock market forecast newsletter.

Let’s get started with the analysis.

240 Minute ES Chart Highlights

This first 240 minute ES chart highlights the intraday rotational price structure and how the Fibonacci price modeling system is currently identifying 2850 to 2897 as a key Support/Resistance level for the price.  Initially, as the breakdown in price happened on Friday and late Sunday, price blew past the projected Fibonacci target levels.  This can sometimes happen in extended trending or when outside news drives market price one direction or another.  The basics of Fibonacci price theory are that price will attempt to revert to within the last trending range before attempting to establish a new price highs or new price low.  So with each subsequent higher or lower move within a trend, the price will attempt to revert within that range before attempting another trend/move.

In this case, the 2850 to 2897 level is the target level identified by the Fibonacci Target Levels that we want to watch.  This is where the price will likely initiate the next big move from and we believe it will be to the downside.

Daily Chart Highlights

This Daily chart highlights the 2887 level for both the LONG and SHORT Fibonacci Trigger Price Level.  The one thing we want you to take away from this research article is how the levels all seem to align with one another.  This Daily chart is suggesting levels that align with the 240-minute chart.  This is very important and provides consistency across multiple intervals for the Fibonacci system.

At this point 2887 is critical for price.  Any measure to stay above this level would provide greater confidence that some type of price recovery may form in the future.  Any failure to stay above this level would mean the breakdown should continue lower.

The last item we want to highlight on this Daily chart is the 2817 level (the BLUE projected Fibonacci target level).  This aligns very closely with the data you’ll see on the next Weekly chart.  Pay attention to how these levels work together to pinpoint price structures.

Weekly ES chart

This Weekly ES chart shows the bigger Fibonacci price modeling system and the key levels we are watching on the longer-term charts.  Obviously, the 2790 to 2800 level is critical on this chart.  That is a price level that aligns with the BLUE Fibonacci downside target level and the past Bearish Fibonacci Trigger Level from June 2019.  It is very likely that this level will be the last level of defense for a price if the breakdown continues.  This weekly chart also highlights that we need to see price move below 2575 to qualify as a “new Bearish Trend” on this chart.   So we have a long way to go before we can really attempt to confirm a new longer-term Bearish trend is in place.

The way the Fibonacci modeling system address volatility can sometimes extend the range of the Trigger levels based on how price reacts and sets up.  In this case, because of the extended volatility in the markets and because of how the price has rotated recently, the Fibonacci price modeling system will not confirm a new bearish price trend until price moves below 2575.

CONCLUDING THOUGHTS:

This sets up a type of “ladder pricing event” in our future.  First, the 2887 level (from the Daily chart).  Then 2850 (from the 240-minute chart).  Then the 2795 to 2817 level.  After that – LOOK OUT BELOW.

Over the next few days and weeks, we’ll see how these levels are targeted and/or breached as the price continues to rotate.  We believe this downside rotation is just starting at this point and we have yet to really break below the 2728 lows from June 2019.  Price MUST break these levels if the true breakdown move we are expecting is going to take place.  Get ready for some really great trades – they are about to unload on all of us.

Check out these other exciting charts full of opportunities that we will be sharing with our followers.

Join us with a subscription to lock in the lowest rate possible and ride our coattails as we navigate these financial market and build wealth while others lose nearly everything they own during the next financial crisis.

Be prepared for these incredible price swings before they happen and learn how you can identify and trade these fantastic trading opportunities in 2019, 2020, and beyond with our  Wealth Building & Global Financial Reset ETF Newsletter.  You won’t want to miss this big move, folks.  As you can see from our research, everything has been setting up for this move for many months.

As a technical analysis and trader since 1997, I have been through a few bull/bear market cycles. I believe I have a good pulse on the market and timing key turning points for both short-term swing trading and long-term investment capital. The opportunities starting to present themselves will be life-changing if handled properly.

FREE GOLD OR SILVER WITH MEMBERSHIP!

Kill two birds with one stone and subscribe for two years to get your FREE PRECIOUS METAL and get enough trades to profit through the next metals bull market and financial crisis!

Chris Vermeulen – www.TheTechnicalTraders.com

August 19 Price Peak Prediction Is Confirmed By Our ADL Predictive System

Our Adaptive Dynamic Learning (ADL) predictive price modeling system is one of the most unique and incredible predictive price utilities anyone has ever seen.

Over the past 24+ months, the ADL system has been able to call nearly every market rotation in the US major indexes (the ES, NQ, and YM) as well as our incredible call in Gold from October 2018 till now.  There is really nothing on the planet that can make accurate predictions for future price activity like our ADL predictive modeling tool.

Weekly chart of the NQ – NASDAQ

This Weekly chart of the NQ (NASDAQ futures) highlights the ADL predictive modeling systems results from a price peak in late April 2019.  The results consist of 52 unique price instances that make up the future predictive price levels.  This prediction suggested that price would fall to levels near $7200 by May 27, 2019, then rally from that date to a peak level near August 19, 2019.  This new August 19 peak level will likely be near $8500 – nearly +500 pts from the current price level.

Traders that have setup short positions may feel quite a bit of pressure over the next 4+ weeks as this move higher extends to align with our ADL predictive modeling system.  Overall, we believe a volatile price period in the markets may extend near this August 19 prediction where price volatility will increase and a potential for a downside price rotation may occur.

Additional ADL predictive results suggest a downside potential for price to levels near $7200 as volatility increases near August 19, 2019.  These predictions are suggesting that the key date, August 19, 2019, will likely be the peak in the price for a period of time.  The downside predictions where the price is suggested to reach $7200 indicates the range of potential volatility after the August 19 peak.

We have been suggesting that traders continue to scale back long positions before this peak is reached.  Ideally, we urge traders to pull some profits off the table and to prepare for this potential rotation in price as well as to prepare for increased volatility near or after August 19, 2019.  Our extended research suggests deeper support is found near $6700 and we believe a volatility increase could drive prices towards these levels in a reversion price rotation.

As of right now, the most logical expectation for the price is for a continued upside price bias lasting 3 to 4 more weeks reaching a price peak near August 19, 2019 – just as we originally predicted. The Fed rate cut we just talked about could be what spurs the market on for this final exhaustion rally. As we near that critical date, we expect to see increased volatility throughout the global stock market and we would expect the VIX to begin a spike move higher.

Currently, an ADL price anomaly is setting up that may prompt a quick downside move on or after the August 19 date.  It is because of this price anomaly setup that we are suggesting the bottom for the price could be anywhere between $6500 and $7200 (ADL predicted levels).  In other words, get ready for some increased volatility and a very strong potential for a price reversion to unfold.

We have seen some really strange price action in small-cap stocks this week which I will cover shortly as well, so stay tuned!

CRUCIAL WARNING SIGNS ABOUT GOLD, SILVER, MINERS, AND S&P 500

In early June I posted a detailed video explaining in showing the bottoming formation and gold and where to spot the breakout level, I also talked about crude oil reaching it upside target after a double bottom, and I called short term top in the SP 500 index. This was one of my premarket videos for members it gives you a good taste of what you can expect each and every morning before the Opening Bell. Watch Video Here.

I then posted a detailed report talking about where the next bull and bear markets are and how to identify them. This report focused mainly on the SP 500 index and the gold miners index. My charts compared the 2008 market top and bear market along with the 2019 market prices today. See Comparison Charts Here.

On June 26th I posted that silver was likely to pause for a week or two before it took another run up on June 26. This played out perfectly as well and silver is now head up to our first key price target of $17. See Silver Price Cycle and Analysis.

More recently on July 16th, I warned that the next financial crisis (bear market) was scary close, possibly just a couple weeks away. The charts I posted will make you really start to worry. See Scary Bear Market Setup Charts.

CONCLUDING THOUGHTS:

In short, you should be starting to get a feel of where each commodity and asset class is headed for the next 8+ months. The next step is knowing when and what to buy and sell as these turning points take place, and this is the hard part. If you want someone to guide you through the next 12-24 months complete with detailed market analysis and trade alerts (entry, targets and exit price levels) join my ETF Trading Newsletter.

Be prepared for these incredible price swings before they happen and learn how you can identify and trade these fantastic trading opportunities in 2019, 2020, and beyond with our  Wealth Building & Global Financial Reset Newsletter.  You won’t want to miss this big move, folks.  As you can see from our research, everything has been setting up for this move for many months.

Join me with a 1 or 2-year subscription to lock in the lowest rate possible and ride my coattails as I navigate these financial market and build wealth while others lose nearly everything they own during the next financial crisis.

As a technical analysis and trader since 1997, I have been through a few bull/bear market cycles. I believe I have a good pulse on the market and timing key turning points for both short-term swing trading and long-term investment capital. The opportunities starting to present themselves will be life-changing if handled properly.

FREE GOLD OR SILVER WITH MEMBERSHIP!

Kill two birds with one stone and subscribe for two years to get your FREE PRECIOUS METAL and get enough trades to profit through the next metals bull market and financial crisis!

Chris Vermeulen – www.TheTechnicalTraders.com

Earnings may surprise the stock market – Watch Out!

I believe the outcome of the past 6+ months with regards to global trade, currency devaluations, and consumer sentiment will result in weaker US earnings in Q2 than at any time over the past 3+ years.  We believe US stocks, after recently breaching key psychological price levels ($300 SPY and $3000 ES) are poised to set up a sideways Pennant price pattern formation headed into a key price breakdown near the middle of August 2019.

Our cycle indicator tools and predictive modeling suggests that August 19, 2019, is the date to watch out for and after that date, we believe the US and global stock markets may begin a new downward price phase that could lead to a dramatic price decline. Read our August 19 Top warning here

This week I will share a report showing some really interesting charts rm a very different point of view that signal a larger correction is coming based on some leading sectors and proprietary analysis. You can get this report by joining my free newsletter located at the bottom of my Current Index Trade Signal Page here.

Earning Season Expectations For This Week

Early this week, July 15 through July 19, a total of 173 companies will be reporting earnings – including a number of very large firms such as Bank Of America (BAC), Alcoa (AA), US Bancorp (USB), IBM, Bank of New York Mellon Corp (BK), E-Bay (EBAY), Netflix (NFLX), Charles Schwab (SCHW), Citigroup (C), United Airlines (UAL), JP Morgan Chase & Co (JPM), Wells Fargo & Co (WFC) and others.  The mix of reporting firms this week includes financial, consumer, basic materials, healthcare, home builders and many others.

If anything has disrupted these industries over the past 3+ months it has been the shock to the markets related to the October 2018 to December 2018 US stock market price collapse and the continuing trade wars/issues with China.  It is our opinion that these trade wars and pricing disruptions have resulted in a much more difficult environment for certain US and foreign nations to achieve Q2 expectations.  Thus, we are planning for a few interesting surprises over the next 10 to 15+ days.

Next week, July 22 through July 26, a total of 659 companies will be reporting earnings. We believe the bulk of these earnings reports will provide increased US and global market price volatility and could actually present a number of surprise results (both positive and negative).

The Nasdaq website reported this article on June 17, 2019, which we found interesting.

Expectations for Q2 2019, and to be quite honest – the rest of 2019, is overall quite negative from this article.  We believe the US markets will still be the top-performing global stock market because of the strength of the US economy and dynamic foundation of growth and opportunity going forward 2 to 4+ years.  But we are very concerned that the second half of 2019 stock market correction is about to hit and shock traders with a -15% to -20% (or more) price collapse initiated by the recent psychological price levels being breached and the Q2 earnings data that could shock the global markets.

From the Nasdaq article, Zacks Sector analysis for Q2 vs. Q1 2019 shows concern in a number of sectors while Consumer Discretionary and Retail/Wholesale shows Revenues increase and Margins fall.  Overall, it is quite distressing to see these expectations when one considers the strong economic data being released recently.

(Source)

The computer and technology sector seems uniquely poised for a very rough year based on Zachs expectations.  Overall, Q1 2019 earnings expectations were -6.7%, Q2 2019 earnings expectations are -11.5% and Q3 earnings expectations are -11.5%.  This does not look like a very positive set of data for the rest of this year and we believe this is where the real risk of a US stock market price collapse resides.

(Source)

Our Index Prediction Looking Forward

Months ago, we warned that a July 2019 market top is setting up and that we believed the US stock market would rotate much lower after a peak in July setup.  About 45 days ago, we adjusted our expectations to suggest that this top would likely form in August or early September based on our predictive modeling system output and our cycle tools.  We’ve honed the date down to August 19, 2019 (+/- 5 days) as the date that we believe the US stock market will TOP and/or initiate a new downside price move from this date.

You can see from the chart, below, that we believe the current price top may actually be near the highest point reached over the next 30+ days.  We believe earnings data will change the dynamics of price activity and increase volatility over the next 2 to 3 weeks.  Setting up a sideways Pennant price formation as the global markets and investors digest this new economic data.  Ultimately, a price breakdown is likely (a price revaluation event) that will allow for continued upside price growth in the future.

This Daily DJI chart highlights our expectations and highlights our Fibonacci Price Amplitude Arcs that suggest the true price top formation will happen sometime near August 19, 2019.  We believe this date is critical and that price could begin a very quick and dramatic downside price move near this date based on the data we are expecting to see from Q2 earnings.

In previous articles, we’ve suggested a simple trade setup technique we use to identify entry and exit points – the 100% Fibonacci Extension Move.

Earnings and Prediction Conclusion:

We urge traders to plan and prepare for this potential setup by reducing risk in long positions and preparing for a potential downside price move that could be related to global market concerns, Q2 earnings data and continued global trade/economic issues.

Overall, once this price revaluation event is completed, much like the event in Oct~Dec 2018 and the event in May 2019, the US stock market will very likely resume the upward price bias/trend and continue to attempt to establish new all-time price highs into 2020 and beyond.

Price rotations, like the one we are suggesting, may happen after August 19, 2019, are very healthy for the markets.  These types of moves allow price to establish support and resistance levels, revalue assets, shake out certain biases and provide for future price moves/trends.

Be prepared.  The data may result in a very big increase in volatility over the next 10~15+ days and this could result in a very dramatic price correction setting up as we’ve suggested.  Learn how our research team can help you stay ahead of these bigger market moves and find incredible trading opportunities as these big moves take place.

I can tell you that huge moves are about to start unfolding not only in real estate, but metals, stocks, and currencies. Some of these supercycles are going to last years. Brad Matheny goes into great detail with his simple to understand charts and guide about this. His financial market research is one of a kind and a real eye-opener. PDF guide: 2020 Cycles – The Greatest Opportunity Of Your Lifetime

As a technical analysis and trader since 1997, I have been through a few bull/bear market cycles. I believe I have a good pulse on the market and timing key turning points for both short-term swing trading and long-term investment capital. The opportunities are massive/life-changing if handled properly.

I urge you to visit my Wealth Building Newsletter and if you like what I offer, join me with the 1 or 2-year subscription to lock in the lowest rate possible, get a FREE BAR OF GOLD and ride my coattails as I navigate these financial markets and build wealth while others lose nearly everything they own during the next set of crisis’.

Chris Vermeulen
Technical Traders Ltd.

Adaptive Price Modeling Suggests Big Rotation In US Dow Stocks

I have been pouring over the longer term charts as we’ve started to see Oil and Gold move in directions that would indicate increased fear throughout the global markets while a contraction in economic activity/oil prices appears to be setting up for another big move.  The objective is to attempt to identify longer-term volatility expectations and price targets.  To accomplish this task, we use our Adaptive Fibonacci predictive modeling utility on 3 Week charts because they provide a unique look at price activity and are a bit more reactive to shorter-term price activity than Monthly price bars.

We found some very interesting components by reviewing these charts of the ES, NQ, YM, and CL.  We believe we are setting up a 2~4+ week sideways price rotation in the US stock market as price attempts to consolidate within this range before a broader breakout/breakdown move could happen.  Just as we predicted many months ago, the July 2019 price peak we suggested could form appears to be setting up with a sideways pennant/flag formation as investors digest the economic and global trade war news data.

Eventually, the price will make a move in an attempt to break this sideways price channel and our predictive modeling solutions can help us to understand how these price setups will playing out.  Let’s get into the charts and research.

As we start to pull apart the data from these charts, we urge you to pay attention to two things – the range of the current Bullish & Bearish Fibonacci Price Trigger levels and current price rotations of price peaks and troughs over the past 40 to 60 bars.  It is very important to understand and attempt to use the “new price high” and “new price low” Fibonacci price theory that we keep talking about in our articles.

This first chart is the ES 3-Week chart highlighting the range between the Fibonacci Bullish and Bearish Price Trigger Levels (highlighted in light-CYAN).  It is important to understand why the current bearish price trigger level is so far below current price levels.  The Adaptive Fibonacci modeling system adjusts trigger levels based on recent price activity and price volatility to attempt to identify when the price is congesting in a sideways price trend or trending upward or downward.  When price congests in a sideways form, the Adaptive Fibonacci modeling tool identifies this and determines that price would need to move to new levels in order to qualify for a new bullish or bearish price trigger.  In this case, it is suggesting that price would need to fall below $2014 before this 3-Week chart would qualify the move as a “new bearish trend”.

That is a big move from current levels.  It totals more than -750 points – a -27.5% price decline.

Currently, as long as the ES price stays above the $2633 level, the Fibonacci predictive modeling system is still suggesting the Bullish trend is intact and should continue.

 

This NQ 3-Week chart is setup in a similar manner to the ES chart. Although the Fibonacci volatility range on the NQ chart is much more narrow than the ES chart, the Fibonacci modeling system is still suggesting that the current trend is still Bullish and the key levels for the triggers are $6792 for the Bearish Trigger level and $6556 for the Bullish Trigger level.

Because of the narrow volatility range and because the Bearish trigger level is above the Bullish trigger level, we believe a price rotation where the price stays above $6800 is very likely over the next few weeks.  Obviously, should price break below the Bearish Trigger level, then we would begin to become concerned that a broader downside trend is being established and start to look at the Fibonacci downside price targets (near $5815 & $3900).  Until that happens, expect sideways price rotation with a 250 to 500 point range on average (about 2x the Fibonacci volatility range).

 

The YM is really the key to understanding just how the markets are going to play out over the next few weeks and months.  The extremely large Fibonacci volatility range on the YM chart highlights the potential for the wild sideways price rotation that we are expecting over the next few weeks and months.  Remember, our analysis from many months ago suggests a price peak will likely form in July/August 2019 and prompt a broader downside price move after this peak completes.  Our expectation that a current sideways price channel is setting up leads us to believe the apex of this sideways price channel may result in a very brief price rally (pushing prices back towards recent highs) before rolling over and starting a new downside price move to coincide with our July/Aug 2019 predictions.

One way or another, it appears the DOW/YM will be leading the way in terms of price volatility and rotation.  The wide range between the Bullish and Bearish Fibonacci Price Trigger Levels is suggesting that price volatility is increasing and that the YM would have to move to levels above $29,750 or to levels below $18,875 before establishing any new price trends.  The past Fibonacci trigger levels help us to understand key price levels as this future move takes place.

Past Fibonacci Trigger Price levels are $26,025 for a Bearish Price Trigger level and $24,770 for a Bullish Price Trigger Level.  This means if the price is below $26,025 – we should expect a bearish price trend to continue and if the price is above $24,770 – we should expect a bullish price trend to continue.  Yet, price is current BETWEEN both of these levels, so what should we expect right now?  When the price is in between these levels, like now, we typically look for the last price rotation (peak or valley) and for the last level that was crossed (in this case the $26,025 Bearish level) and would conclude:

The trend is currently Bearish and the $26,025 level is key to maintaining this bearish price direction.  Should price move back above this level and close above this Bearish Price Trigger Level, then we would consider the trend “moderately bullish” while we wait for a new Price Trigger Level Breach to setup.

 

Lastly, Crude Oil.  We’ve been writing to all of our followers that we felt Oil was setting up for a price rotation many weeks ago.  We warned that the $65 price level may be the end of the move and that the $55 to $50 levels are the likely downside targets.  The volatility range is somewhat narrow and the last Trigger Level that was breached was the Bearish Trigger Level near $68.75. Therefore, we believe the recent downside price move, below the $60 Bullish Trigger level, results in a new Bearish price trend with immediate targets near or below $50.  Ultimately, the $42.40 level may be the longer term downside price target – which would coincide with a broader commodities slowdown and global economic activity contraction.

 

So here is what you need to know to go into this weekend and for the next 4+ weeks.

Expect the US stock market to trade in a moderately volatile sideways price channel for the next 4+ weeks.

Expect the end of this price channel to result in a “false rally” move that may push prices towards recent highs before faltering and rotating back to the downside.

Expect this END of the sideways price channel to happen sometime near mid-July or early August 2019.

Expect Gold and Oil to continue to react as “fear measures” over the next few weeks/months as global traders reposition their assets throughout this rotation.

Expect a bigger price move near late July through September~October 2019 as this volatility move really begins to take root with equities.

Follow our research and learn how we can help you stay well ahead of these price moves.  We’ve just highlighted what is likely to happen over the next 30 to 60 days in this research post.  Want to know how we are going to trade these moves?  Join our other members to see how we create success and keep our members ahead of these big moves. Also, if you wanted me to ship you free silver rounds with a subscription to this Wealth Trading Newsletter you better join today as this offer expires June 1st.

Chris Vermeulen
www.TheTechnicalTraders.com

How Close Are The Markets From Topping?

Now that most of the US Major Indexes have breached new all-time price highs, which we called over 5+ months ago, and many traders are starting to become concerned about how and where the markets may find resistance or begin to top, we are going to try to paint a very clear picture of the upside potential for the markets and why we believe volatility and price rotation may become a very big concern over the next few months.  Our objective is to try to help you stay informed of pending market rotation and to alert you that we may be nearing a period within the US markets where increased volatility is very likely.

Longer term, many years into the future, our predictive modeling systems are suggesting this upside price swing is far from over.  Our models suggest that price rotation will become a major factor over the next 12 to 15+ months – headed into the US Presidential election cycle of November 2020.  Our models are suggesting that the second half of this year could present an incredible opportunity for skilled investors as price volatility/rotation provide bigger price swings.  Additionally, our models suggest that early 2020 will provide even more opportunity for skilled traders who are able to understand the true price structure of the markets.  Get ready, thing are about to get really interesting and if you are not following our research or a member of our services, you might want to think about joining soon.

We are focusing this research post on the NQ, ES and YM futures charts (Daily).  We will include a longer-term YM chart near the end to highlight longer-term expectations.  Let’s start with the NQ Daily chart.

The NQ Daily chart, below, highlights our ongoing research, shows the 2018 deep price rotational low and the incredible rally to new all-time highs recently.  The most important aspect of this chart is the “Upside Target Zone” near the $8040 level and the fact that any rally to near these levels would represent an extended upside price rally near the upper range of the YELLOW price channel lines.  We believe any immediate price rotation may end near the $7500 level (between the two Fibonacci Target levels near $7400 & $7600) and could represent a pretty big increase in price volatility.

 

This ES Daily chart highlights the different in capabilities between the NQ and the ES.  While the NQ is already pushing into fairly stronger new price highs, the ES is struggling to get above the Sept/Oct 2018 highs and this is because very strong resistance is found between $2,872 and $2,928.  It is very likely that the price volatility will increase near these highs as price becomes more active in an attempt to break through this resistance.  It is also very likely that a downside price rotation may happen where price attempts to retest the $2,835 level (or lower) before finally pushing into a bigger upside price trend.  The Upside Target Zone highs are just below $3,000.  Therefore, we believe any move above $2,960 could represent an exhaustion top type of price formation.

 

This YM chart is set up very similarly to the ES chart.  Historical price highs are acting as a very strong price ceiling.  While the NQ is already pushing into fairly stronger new price highs, the YM continues to struggle to get above the Sept/Oct 2018 highs and this is because very strong resistance is found between 25,750 and 27,000.  Please take notice of the very narrow resistance channel (BOX) on this chart that highlights where we believe true price support/resistance is located.  We believe it is likely that a downside price rotation may happen where price attempts to retest the $26,000 level (or lower) before finally pushing into a bigger upside price trend.

 

As you can tell from our recent posts and this research, we believe price volatility is about to skyrocket higher as price rotates downward.  Our predictive modeling systems are suggesting that we are nearing the end of this current upside move where a downward price move will establish a new price base and allow price to, eventually, push much higher – well above current all-time high levels.

We’ve issued research posts regarding Presidential election cycles and how, generally, stock market prices decline 6 to 24 months before any US Presidential election.  We believe this pattern will continue this year and we are warning our followers to be prepared at this stage of the game.  No, it will not be a massive market crash like 2008-09.  It will be a downside price rotation that will present incredible opportunities for skilled traders.  If you want more of our specialized insight and analysis, then please visit www.TheTechnicalTraders.com to learn how we help our members find success.

Lastly, we’ve included this Weekly YM chart to show you just how volatile the markets are right now.  Pay very close attention to the Fibonacci Target Levels that are being drawn on this chart.  The downside target levels range from $16,000 to $21,060.  The upside target levels range from $30,000 to $32,435.  Top to bottom, The Fibonacci price modeling system is suggesting a total volatility range of over $16,000 for the YM Weekly chart and this usually suggests we are about to enter a period of bigger price rotation and much higher price volatility.

 

Right now, we suggest that you review some of our most recent posts to see how we’ve been calling these market moves, visit www.TheTechnicalTraders.com/FreeResearch/.  It is important for all of our followers to understand the risks of being complacent right now.  The markets are about to enter a period of about 24+ months where incredible opportunities will become evident for skilled traders. If you know what is going to happen, you can find opportunities everywhere.  If not, you are going to be on the wrong side of some very big moves.

Chris Vermeulen

Prepare For Unknown Price Action As New Highs Are Reached

The ES and NQ are very close to breaking out to new all-time highs this week and possibly over the next few weeks.  The NQ is very close to these new high levels already.  Traders must not take this move for granted as increased volatility and a very real chance for a price correction become even greater once we break into “new high territory”.

This upside move has taken almost 5 months to climb back from the December 2018 lows.  It has been a very dramatic rally to say the least.  We’ve seen dozens of professional analysts suggest the markets would rotate lower all the way up this rally.  It seems as though everyone wanted to be right that the market top in October 2018 was going to be the start of something big.  We were one of the few analysts that called the market accurately.  Our September 17, 2018 analysis called for almost every leg of this price swing over the past 7+ months.  We stuck by our research while others were skeptical and doubting our research.  We stuck to it because we believe in our work and modeling tools.

Now, our modeling tools are suggesting we could be setting up for a pretty big increase in volatility over the next 2~3 months with the potential for bigger price rotation into May/June 2019.  As we are reading our modeling system results, the key elements are that price will achieve new all-time highs, the price will increase in volatility and Gold should begin an upside price move over the next 2~5+ weeks.  The move in Gold suggests one of two things may happen, or both.  The US Dollar may weaken or the US stock market may correct a bit based on some economic event or outside foreign economic event.

Either way, the move in Gold suggests that increased volatility is almost a sure thing over the next 60 to 90 days.  The only reason Gold would rise is if there is some increased fear factor throughout the planet in regards to the protection of assets and fear of some unknown event.  Therefore, if our analysis is correct and Gold does rise as we have indicated, then something is about to create a big increase in volatility.

The key to all of this is that the ES and NQ will move into NEW HIGH territory before this volatility increase begins to become apparent.

This ES Weekly chart shows just how close the ES (S&P500 Futures) are too new all-time highs.  The ES needs to climb another 41 points (+1.41%) before it touches the previous all-time high levels.  That is really only one of two good upside days.  Once it breaks the 2947 level, then the 3000 psychological level becomes a very real target.

 

This NQ Weekly chart shows that the NQ is really just inches away from breaking to new all-time highs.  The NQ only needs to rally 24.50 points (+0.31%) before the 7731 level is breached.  We believe this move will happen very early this week and we could see the NQ push all the way above the 8000 level in short order.  Our Fibonacci price modeling system is suggesting 9130 and 9625 levels may become the ultimate highs – but it is still very early to tell at this stage of our research.

 

Back in July and August 2018, we started warning that the end of 2018 and all of 2019 were going to be very good years for skilled traders.  We’ve seen a nearly 3800+ point price swing in the NQ and a +1200 point price swing in the ES.  Let’s face it, folks, these are very big moves and if you had been capable of trading these moves efficiently, this is the type of price rotation that makes millionaires out of average traders.

Get ready, because the rest of 2019 and almost all of 2020 are going to be just as exciting to trade so be sure to get our trade signals.

We’ll see you on the other side of “new all-time highs” for the US Stock market here soon.

Chris Vermeulen
www.TheTechnicalTraders.com