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Is This The Start Of The Next Bear Market?

Over the past few days, we’ve received hundreds of emails from our followers and members asking if this is the big breakdown that everyone has been expecting in the markets.  Yes, we’ve warned that it will likely happen before the end of 2019, but we’ve also been very clear that we believe an August 19, 2019 price peak will setup this move and our recent research suggest the NQ will rally to levels above 8200 before this peak in the US market sets up.  So, in order to help our members and followers understand what we believe is actually happening in the markets, we’ve put together this research post to help everyone better prepare for the next few weeks and months.

First things first, the foundation of Fibonacci price theory is that price will always attempt to seek out new price highs or new price lows – ALWAYS.  Many of the US major indexes have recently established new price highs in early July 2019.  Think of this as a fundamental element in price structure when attempting to apply Fibonacci price theory.

When any chart establishes a new price high (a high price that is above the previous rotational peak level in price), the trend is established as BULLISH and we would immediately expect, at some future time, that price will rotate lower attempting to validate that new price high or attempt to reach a new price low.  At certain times, external news can create “price over-reaction” events within the scope of price volatility.  I’m certain many of you have experienced these types of expanded price ranges that turn into a “wash-out” type of wide-range rotations in the markets.

The combination of the US Fed and the US/China trade talk failures, as well as the rally in Gold, Silver and the US Dollar, are all acting to create a hyper-active rotation in the markets with larger volatility.

We suggest that everyone read these earlier research posts to better understand what is really happening in the markets right now :

July 30, 2019: August 19 Market Top Prediction

July 31, 2019: US Fed is rattling the global markets – Part II

It is our opinion that the US Fed announcement followed immediately by the US/China trade talk failure created a “hyper-active” price rotation event that will likely turn into a short-term buying opportunity.  Our Adaptive Dynamic Learning (ADL) predictive modeling system is suggesting the NQ will attempt to target levels above 8200 before the August 19, 2019 peak sets up.  Therefore, it is still our belief that the markets are setting up a unique “price anomaly” with this current downside price rotation and that a move higher is in the works before the bigger downside price rotation actually begins.

This Daily NQ chart highlights the support level near 7600 that was set up by the June 2019 price rotation.  Yes, the price has moved lower into this zone, but we believe this zone will act as a moderate support level and that price will rotate higher early in the week of August 5, 2019.

This Weekly NQ chart highlights our Fibonacci price modeling system and shows the “Critical Support” level from the October 2018 highs as well as the Bullish/Bearish trigger levels (the RED/GREEN lines near the right edge of the chart) that constitute confirmed price rotations.  At this time, the current BEARISH trigger levels are near 7540 and the NQ is still 140 points above this level.

NEXT MOVES FOR 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 on gold miners and the SP 500 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:

We believe this current downside price move is setting up to become an over-reaction price swing that will likely result in a very short-term buying opportunity for skilled technical traders.  Failure to reach levels below 7400 on the NQ would be a very strong indication that this is a “failed new price low rotation” on the Weekly chart.  And, as Fibonacci price theory suggests, price must always attempt to establish a new price high or new price low – at all times.  Thus, a failure to establish a new price low on this weekly chart would mean it MUST rotate higher to attempt to establish a new price high.  8200+, here we come.

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 set 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

Palladium collapses After Our Double-Top From Early July 2019

It was almost like Palladium traders followed our research to the letter when the trend reversed on July 11, 2019.  Our research team issued a report indicating a Double-Top pattern was setting up in Palladium on July 3, 2019.  At that time, our proprietary cycle indicators and our proprietary Fibonacci price modeling systems suggested a large downside price swing was highly likely.

January 24, 2018: HAVE YOU SEEN PALLADIUM’S TRADABLE PRICE PATTERN?

July 3, 2019: PALLADIUM SETS UP ANOTHER DOUBLE TOP PATTERN

Palladium is a very interesting metal that is used in various industry sectors as a component for automobile equipment/parts, medical equipment, and many other industrial sectors.  It is a great leading indicator to help gauge future expectations for various global industries and as a measure of consumer/industrial consumption and expectations.  When Palladium is rallying, it is a fairly solid sign that consumers are bullish on the global economy and are purchasing equipment, autos and other industrial elements to support future growth expectations.  When Palladium is falling, it is a fairly solid sign that consumers are reigning in their spending on new cars and other industrial items that are manufactured with Palladium.

One of the biggest factors that are likely driving this move in Palladium is the renewed interest in Gold and Silver as the global market enters a very fragile period.  Palladium is a precious metal that is used in jewelry and other consumer products – like Gold and Silver.  Yet Palladium does not have the status in the precious metals world like Gold and Silver do.  When fear and greed enter the markets, Gold, Silver, and Platinum take center-stage.  Palladium, because of its more industrial use base, its not something that will rally like Gold and Silver will when a crisis hits.

This Daily Palladium chart shows how the weakness in price started just after the price peak on July 11, 2019.  Over the past 3+ weeks, Palladium rotated downward towards the $1500 price level, then stalled.  Global traders were focused on earnings data, the US Fed announcement, and other data.

The recent breakdown is a result of three factors

_ US Fed rates decrease (expecting weaker global economic output)

_ The rally in Gold and Silver (where global traders are starting to focus their attention)

_ The fragility of global economic/trade functions that continue to plague the global markets

These three factors will move the focus away from industrial use metals (Copper, Palladium, and Aluminum) and towards the more traditional Gold/Silver moves.

This Weekly Palladium chart highlights the Fibonacci price modeling system’s lower target levels.  Pay attention to the fact that $1315 and $1000 are key downside target levels in Palladium.  The Daily chart Fibonacci levels suggest that minor support may be found near $1400.  The Weekly Fibonacci chart suggests major support is really down near $1000.

CONCLUDING THOUGHTS:

We believe once the $1475 level is breached to the downside, Palladium will quickly fall to levels near $1300 before briefly stalling and attempting to find support.  This move in Palladium aligns almost perfectly with our August 19 US market “Peak” prediction from months ago.  We believe the ultimate lower levels, near $1000, are a very strong possibility over the next 3+ months as we believe the global markets, and the US markets, are setting up for a fairly big price rotation after August 19, 2019.

Don’t miss any of these big moves or our incredible research posts.  Find out how www.TheTechnicalTraders.com can help you find and execute better trades and prepare for these big price swings that are about to explode.

NEXT TRENDS FOR 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 on gold miners and the SP 500 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.

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

Palladium Sets Up Another Double Top Pattern

Is this Double-Top setup in Palladium another warning of a potential downside price move?  Back in April 2018, we issued a Double-Top pattern warning in Palladium which preceded a downside price move of nearly 28%.  We believe this new Double-Top pattern may prompt a downside price move of nearly 20% – targeting the $1240 level.

April 18, 2018: PALLADIUM RALLY DRIVING OTHER METALS TO MOVE?

This Weekly Palladium chart highlights the YELLOW Double-Top pattern formation that we believe may prompt a new downside price move.  Our expectations are that any new price weakness in Palladium will push prices down to the BLUE Fibonacci projected target level near $1240.  Additionally, should price break through the $1240 level, the next target levels are $1000 and $1060.

Palladium is a component that is related to industrial output and economic output for many industries; Automotive, Technology, Medical Devices and Equipment, and many others.  A decrease in demand for Palladium would indicate a decreased demand for a broad swath of global industry leaders.

This would likely result in a decreasing or weakening global economic outlook and, potentially, be an early warning sign that the global stock markets are about to enter a period of extended price weakness.

Pay very close attention to the $1450 to $1475 level in Palladium.  These levels are the most recent support levels from previous triggers.  Price weakness below these levels would be a strong indication that Palladium may continue to move lower targeting the $1240 level or lower.

Look at my trend analysis chart for Palladium. Yes, it is in an uptrend but as of the last trading session it is now trading at an extreme overbought level which typically means sellers should step into the market at any time.

See my current trend and trade signals for the SP500 index here.

Now is the time to plan and prepare for these incredible price swings in the global markets.  The next 18-24 months are certain to present technical traders with countless opportunities for success with these bigger price moves.

Our recent calls in the markets have resulted in over 42% in total gains over the past 60 days.  Isn’t it time you learned how www.TheTechnicalTraders.com can help you find and time better trades?

Become a Technical Trader and Profit with Us

Chris Vermeulen
Technical Traders Ltd.