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Short Covering & FOMO Fever Powering Stock Markets

I talked with HoweStreet.com yesterday about the markets and what is unfolding and how to play it.

This video shows the charts and thinking of what is to come this week/next as the rising wedge blow-off top takes place and gets everyone emotional (short covering / Fear of missing the next rally)
As a technical analyst and trader since 1997, I have been through a few bull/bear market cycles in stocks and commodities. I believe I have a good pulse on the market and timing key turning points for investing and short-term swing traders. 2020 is an incredible year for traders and investors.  Don’t miss all the incredible trends and trade setups. Subscribers of my Investor and Swing Trading Newsletters had our trading accounts close at a new high watermark. We not only exited the equities market as it started to roll over in February, but we profited from the sell-off in a very controlled way with TLT bonds for a 20% gain, and we closed out another winning trade last Friday. Chris Vermeulen Chief Market Strategies Founder of Technical Traders Ltd.

WOW, look at this huge setup unfolding in S&P 500. Squeeze the FOMO !!

If you have FOMO on the stock market you better watch this video because it will make you feel better if what is unfolding is exactly what I have been talking about for the past week. The Short/FOMO Squeeze!

I offer membership services for active traders, long-term investors, and wealth/asset managers.  Each of these services is driven by my own experience and my proprietary trading systems and modeling systems.  I have a small team of dedicated researchers and developers that do nothing but research and find trading signals for my members.  Our objective is to help you protect and grow your wealth.

Please take a moment to visit www.TheTechnicalTraders.com to learn more.  I can’t say it any better than this…  I want to help you create success while helping you protect and preserve your wealth – it’s that simple.

Chris Vermeulen
Chief Market Stragist
Founder of Technical Traders Ltd.