Pay attention to the price movement of the transportation sector for a clearer picture of the future rally
If you have been reading and following are posts this year then you’ve seen the power of our Advanced Dynamic Learning price modeling system and how well we are able to find key market moves. On Monday, the markets stalled, providing further evidence of the future breakout move. The Banking Index was up 0.43%. The $INDU was off by 0.06% while the ES, NQ and YM were mixed. The Transportation Index was up 0.40% while the US Dollar is about to break above the $91.00 level on an attempt to move higher. These moves are telling us that the US economy is about to break higher in an attempt to retest recent highs – just as our ADL predictive price modeling system has been warning.
This chart of the Transportation Index clearly shows the Weekly price cycle rotations and the recent cycle bottom that occurred on April 2, 2018 – about three weeks ago. This cycle bottom also coincided with the major market bottom formation and early stage price rally that we’ve been experiencing for the past few weeks. Support is currently at 9800 in the TRANS and we believe this cycle pattern will drive the US major market and TRAN higher till near early July 2018.
We believe this move could be explosive to the upside as our ADL price modeling system shows that anytime a price anomaly setup occurs, price usually attempts to re-balance itself with the predictive modeling behavior in a quick and sometimes violent price move. Be prepared for a potentially explosive upside move here folks.
If you want to know how to take advantage of these moves and stay ahead of the markets, then visit www.TheTechnicalTraders.com to learn how we help our valued subscribers find and execute success every week. These types of tools are only one component of what we offer our members – we also offer Daily video analysis of the market, advanced research posts, Daily updates and more. We know we are the only research team that can offer you these types of advanced predictive modeling systems and you can see the value we can offer you. If you have ever wanted to know what the markets are going to do with relative certainty, then you owe it to yourself to see how we can help you see opportunities more clearly.
53 years experience in researching and trading makes analyzing the complex and ever-changing financial markets a natural process. We have a simple and highly effective way to provide our customers with the most convenient, accurate, and timely market forecasts available today. Our stock and ETF trading alerts are readily available through our exclusive membership service via email and SMS text. Our newsletter, Technical Trading Mastery book, and 3 Hour Trading Video Courseare designed for both traders and investors. Also, some of our strategies have been fully automated for the ultimate trading experience.
https://thegoldandoilguy.com/wp-content/uploads/2018/04/Chart_18-04-23_TRANSRally.png486700adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2018-04-23 22:04:042018-04-23 22:04:04Transportation Stocks Are Not Moving and What It Means
We are constantly amazed that our Advanced Dynamic Learning (ADL) price modeling system has been incredibly accurate over the past 7+ months. Our researchers, at www.TheTechnicalTraders.com, called the early 2018 rally weeks in advance. We called the resistance levels and top in late January. We called a February 21~27 market top formation, called the market bottom on March 28, and last week called the market top to the hour and locked in 17.7% trading a simple 3x index ETF. Today, we are going to further illustrate the power and capabilities of the ADL price modeling system and what we are expecting over the next 7~10+ trading days.
Part of the power of the ADL price modeling system is the ability to see what the future may include as far as price targets and potential setups. When price mirrors the targets relatively closely, we assume the ADL predictions were accurate and that price is tracking the ADL predicted targets well enough to not expect many anomalies. But when price diverges from the ADL predicted targets by a wide range, we experience a “price anomaly” that indicates a very unique opportunity for profits. Think of these price anomalies as unusual price support or pressure causing price to deviate from the ADL predicted price targets for a short while. Price should, assuming that the ADL predicted price targets are like future price anchor points, attempt to move towards these future ADL price targets and may move towards them in an aggressive manner. When the anomaly sets up and the price range is substantial, it usually means that we have a fantastic opportunity for profits setting up as long as price attempts to recover towards the ADL price targets.
Here is our first example, the ES Daily chart. We’ve highlighted the price anomaly window with a dark red eclipse shape and you should be able to clearly see the +80 pt price gap that is setting up as of the close on Friday, April 20. If you follow the DASHed ADL predictive price targets on this chart, you will see that prices have been below most of these ADL price targets over the past two weeks and the most recent price levels were expected to drop a bit, but not as deep as the pullback extended today. This type of setup creates the anomaly pattern we look for as opportunity for a future upside, in this case, move. Our theory is that price will attempt to re-balance, or track back, to the ADL predicted price targets. This means we are setting up for a +80 to +100 pt upside move in the ES.
Additionally, the YM chart is showing a similar pattern with a similar ADL anomaly range. This chart should seem oddly similar to the ES chart. The ADL price modeling system is showing similar types of future price targets, yet the YM targets are slightly varied from the ES targets. The ES is expected to rocket higher over the next 2~5+ days where the YM appears to track an immediate +400~500 pt upside move, then stall for a few days, then continue higher for an additional +400~500 pts. You should be able to see this setup by tracking the YELLOW DASHed ADL predictive price targets on this chart.
We’ll close our this research with a YM Weekly chart to more clearly illustrate what the ADL price modeling system is suggesting for the extended future. Remember, these ADL predicted price targets go all the way forward to the end of July, 2018 – nearly 3 months into the future. Yes, we can attempt to see well into the future with the ADL price modeling system and as long as we continue to refresh our analysis for newer, more recent ADL events, we should be able to accurately map out the future of almost any market.
Yet, what is interesting about this Weekly YM chart is that the ADL predictive analysis modeling system took data from 22 historically similar instances of price/technical data, which we call Price DNA mapping, and attempted to predicted the future price targets based on all of this data that tracked quite well over the past 5~6 weeks. If you study the DASHed levels on this chart, you’ll see that prices tracked these predictive levels almost perfectly over the past 5+ weeks and that the future predicted price targets are all substantially higher than the current price level. In this case, on this Weekly YM chart, it appears the upside ADL price target levels are +1000~1800 pts higher than the current price. That would be a fantastic move for LONGs if this move happens.
Yes, the same Daily YM ADL price anomaly is setting up with a +1000 Daily price target, yet the Weekly ADL modeling chart shows us that this upside move may actually be far greater than we expected from the Daily chart. What should a trader do with this type of information?
That’s right, traders should understand this is an opportunity for a potentially immediate upside move beginning early next week in the US majors. We believe many traders did not want to hold positions over the weekend after the Syria events last weekend. We believe last weeks selling was a “washout low” psychological event that is not related to fundamental price dynamics. We believe in our ADL system because it has proven to be extremely accurate over the past 7+ months and we believe this move will execute just as we have described in this research post.
With that said, these broad based market predictions are not nearly as easy to trade and profit from as you think. The fact is, the market has a way to shake you out of positions just before the move you expect to happen takes place. The market manipulates and takes advantage of emotional traders to the extreme.
If you want to know how to take advantage of these moves and profit consistently from the markets, then visit www.TheTechnicalTraders.com to learn how we help our valued subscribers find and execute success every week. These types of tools are only one component of what we offer our members – we also offer Daily video analysis of the market, advanced research posts, Daily updates and more. We know we are the only research team that can offer you these types of advanced predictive modeling systems and you can see the value we can offer you. If you have ever wanted to know what the markets are going to do with relative certainty, then you owe it to yourself to see how we can help you see opportunities more clearly. Visit www.TheTechnicalTraders.com today.
ABOUT TECHNICAL TRADERS LTD:
53 years experience in researching and trading makes analyzing the complex and ever-changing financial markets a natural process. We have a simple and highly effective way to provide our customers with the most convenient, accurate, and timely market forecasts available today. Our stock and ETF trading alerts are readily available through our exclusive membership service via email and SMS text. Our newsletter, Technical Trading Mastery book, and 3 Hour Trading Video Course are designed for both traders and investors. Also, some of our strategies have been fully automated for the ultimate trading experience.
https://thegoldandoilguy.com/wp-content/uploads/2018/04/Chart_18-04-20_YM_ADL_W.png410700adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2018-04-22 09:45:362018-04-22 09:45:36Predictive Modeling Is Calling For A Continued Rally
Everyone is talking about the incredible price move in silver on April 18, 2018. For years we have been talking about the setup in the metals markets and alerting our members to opportunities as they arise. Recently, we alerted our members to an incredible opportunity in Silver and we caught this move before it skyrocketed higher. Now, everyone wants to know what’s next. Here is our take on the Silver trade and what you need to know.
All the technical and price valuation indicators regarding the relationship of Gold to Silver have been set for many months telling traders that Silver is the clear leader in any price advance in metals.
Current open positions show that a relatively strong short bias has been in place in Silver for a few months. This adds to the potential of a massive short squeeze rally playing out over the next few weeks/months. Additionally, as greater fear enters the markets, Gold and Silver will likely advance quite substantially.
Technically, Silver has entered a new phase of trend on April 11, 2018 with a new price high that broke previous high price levels. This indicated that Silver may attempt a price breakout with a new bullish trend. Additionally, a convoluted FLAG formation completed near that same date and price began to oscillate between $16.00 & $16.65 – retesting support and resistance levels before the breakout new high on April 11. Our longer-term analysis, which we’ll illustrate in the last chart of this series, was clearly showing us this recent price rotation was the setup of a Wave 3 price advance and we just needed to be prepared for it.
This, more detailed technical chart below, illustrates the April 11 new price high breakout as well as the rotation of the primary technical indicators near this April 11th date. Even though we didn’t have any clear closing price advance above technical resistance (near $16.80), we began to see upside pressure building that convinced us the time for the breakout was nearing.
Another key factor to keep in mind is that we had yet to see any real price advance with higher volume – a key element of any sustained price advance. Even as of today, we are seeing the first larger volume day with a moderate price advance. We do not consider this “technical confirmation of any sustained upside move” yet and we are still waiting for a high volume day with an accelerated upside price advance.
This, final, Weekly Silver chart below shows a clearer picture of what we are expecting to play out over the next few weeks and months. The $17.20 closing price on April 18th was technically a “confirmed price breakout” and established a new bullish trend in Silver. Right now, $17.45 is critical resistance and any closing price advance above this level will confirm an advance to near $18.35 (which will likely be very quick). $18.35 is the current upper resistance zone that price MUST breach in order to advance higher.
All this analysis is based on Fibonacci price rotation theory which indicates that price will always attempt to establish new higher highs or lower lows. Thus, given the new bullish price trend, these upper resistance zones become targets for the future price advance in Silver.
We would like to add that any price rotation where price drops near $16.75 or lower, yet stays above $16.00, should be considered a “Buy Zone”. This range is currently acting as price support and any retest of this range will likely result in a solid “buy entry opportunity”. $16.00 is currently our hard support level, think of it like the water level in the pool. This means any price rotation below $16.00 would cause us to become much more cautious of any future price rally. The ultimate recent low, near $15.65 would have to be breached before we would consider this new bullish trend ENDED or OVER.
Assuming we get additional higher volume price advanced in the near future and the upper resistance targets are hit and breached, our immediate upside objective is $21.25 and further upside targets can be identified as we do more detailed research. The upside potential of this Silver trade is immense and could last many months or well into 2019 or longer.
If you want to know what we are telling our members about this silver trade, then please consider joining Wealth Building Newsletter for more detailed Daily videos and analysis. You won’t want to miss this move in the metals, folks. We’ve been calling ETF trades for months with incredible accuracy.
We know most of you who follow our analysis know we’ve been calling these markets almost perfectly since well before the start of 2018. Visit our website to read more of our recent research reports and to learn how we can assist you in staying well ahead of these market moves. Our most recent trade for our members pulled +17.7% in just a few days. We can’t stress the importance of having quality research partners to assist you in knowing what to expect in the markets and having a team of traders to assist you in finding great trades. We can help you find greater success and stay our of trouble in the markets.
https://thegoldandoilguy.com/wp-content/uploads/2018/04/Chart_18-04-19_SI_D_Tech.png486700adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2018-04-19 23:06:432018-04-19 23:06:43The Incredible Silver Trade – what you need to know
Since Spring is in the air here are some colorful charts and show you where we feel the price of stocks are within the current bull market.
Below are monthly charts of the SP500 index and the price of gold. The first chart shows a pattern that gold formed just before stocks hit all-time new highs and the bear market started.
The chart is a little noisy, lots of analysis, but we color-coded each area to break it into clear bits size analysis. The chart shows you what happened and what is likely to happen again.
YOU ARE HERE IN THE STOCK MARKET
This is the current monthly chart, and if you compare the price action with the above chart, you can’t help but think things are set up in a similar formation as 2007 – 2008.
WHAT DOES ALL THIS MEAN?
It means, the stock market is nearing a significant top and all everyone’s long-term buy and hold investments should be reviewed and prepared for a rebalancing later this year. Precious metals should do well this year, stocks should top out and for you to preserve their hard-earned money cash is always king for those who don’t actively trade. But if you do trade or you are an active investor huge amounts of money can be made during times of increased volatility, precious metals, and falling stock market prices.
TODAY’S STOCK MARKET ANALYSIS – WED APRIL 28TH
What an AWESOME DAY!
All our positions rocketed higher with our most recent entry in SIL (silver miners) leading the way.
We closed our TNA position to lock in 17.7% on the second portion of that trade.
Yes, we do feel the markets will run higher, but we also like to lock in the quick, easy money trades like TNA especially when the overall market is looking and feeling a little top heavy for a day or three.
The chart below of the SP500 index paints a color picture of what I feel will unfold in the very near term.
IN CONCLUSION:
Our analysis of the markets was DEAD ON. We called the 2678 level on the ES as a key resistance level to watch before any breakout to the upside would potentially happen. We also called this market bottom nearly three weeks ago on March 28, 2018 and we locked in 17.7% today with our subscribers. We have been nailing these market reversals with incredible accuracy all year and we are just getting started with our Advanced Dynamic Learning systems we have developed.
The bottom line is that smart traders and investors look into the future and position their money where they feel it will increase in value the most. We say this all the time, which is money is continually looking for the best ROI and flows from one asset class to another as the market evolves. With potentially another major financial crisis forming, war, and a bear market in stocks we do not doubt that we are about to experience a huge rebalancing of money over the next few years, and I feel precious metals may be the next little hot pocket for trades.
So if you want our pre-market video analysis showing you where the markets, oil, and gold are headed every day and want out ETF trade alerts be sure to join the Wealth Building Newsletter today!
Chris Vermeulen
https://thegoldandoilguy.com/wp-content/uploads/2018/04/08-Top.png628968adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2018-04-18 17:17:532018-04-18 17:20:15Gold – A Unique Repeat of the 2007 and How to Profit
The US majors are all nearly 1% higher for the day with the NASDAQ up over 2.25%. Our analysis of the markets was DEAD ON. We called the 2678 level on the ES as a key resistance level to watch before any breakout to the upside would potentially happen. We also called this market bottom nearly three weeks ago on March 28, 2018 and we are up over 15% on a position to take advantage of it with our followers. We have been nailing these market reversals with incredible accuracy all year and we are just getting started with our Advanced Dynamic Learning systems we have developed.
We should all expect this move higher to continue for the next few weeks as a dual time/price cycle is driving prices higher for the next few weeks. Our predictive analysis and traditional technical analysis has indicated this move will last till after the cycle apex – which should be near the end of April or early May. At that time, we should expect a price stagnation/rotation that is rather muted in range because the overall dynamics of this cycle move is still strongly bullish. We will update you with new data as we update our research, but if you want to know about moves before the happen you are best to subscribe to our Wealth Building Newsletter for real-time analysis and trade alerts.
On the chart below you can see the price channel is also driving price rotation throughout this advance. Expect the markets to continue their push higher until they near recent highs. At that point, expect the markets to stall a bit in a sideways rotation for a few days before attempting another push higher near or after May 7th.
This is an incredible opportunity for traders and investors. The price moves we have been able to identify and call correctly over the past 6+ months have resulted in some fantastic opportunities for our members. Visit www.TheTechnicalTraders.com to subscribe today and stay ahead of these markets and increase your profits. Where else can you get this type of detailed, consistent, and accurate price analysis? We believe we provide incredible value and insight to our members and we welcome you to join our other members in building greater future success.
https://thegoldandoilguy.com/wp-content/uploads/2018/04/Chart_18-04-17_NQ_MeltUp.png486700adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2018-04-17 22:24:102018-04-17 22:24:10The Short Squeeze/Melt-Up We Predicted Started Today
Many months ago we made an interesting call in Palladium and alerted to this setup on January 24th, 2018. This nearly perfect call included our future price expectations using our advanced ADL price modeling system. Today, we are refreshing that call with a new market call to inform you that our price prediction has played out perfectly and it has completed its pullback.
Last January, we identified this critical double top in Palladium and warned our followers that a 4~6% price correction was about to unfold.
At that time, this chart below showed our predictive price analysis and warned that prices would retrace in price. This type of setup/move is a simple technical trade. In short, when price of an asset has had a substantial move and reaches a clear resistance level like this, you must expect sellers to step in and unload their position to lock in profits. This, what was drives the price lower temporarily.
This next chart below is the current daily Palladium price showing the upside price breakout that has recently caught our attention and the reason why we are alerting our followers to the upside potential of this move. We have been long the metals markets for quite a while and this upside breakout in Palladium may be the start of a massive upside move in the metals.
Our recent research shows that the precious metals markets may be setting up for a solid upside price rally with the Syria event and other recent news. Please visit www.TheTechnicalTraders.com to read some of our other recent research posts and to see how we can assist you in finding great trades like this to help you profit from the markets on a monthly basis.
Friday night opened up a whole new perspective on the global markets with the coordinated targeted attack on Syria. It’s not that we didn’t know this was a possibility, yet the event itself changes how the markets may react on Monday and throughout this next week. Our researchers at Technical Traders Ltd. have been diligently trying to identify the price rotations that will occur early next week and we believe this research post will help to prepare all investors for what may be a wild ride.
First off, with this event playing out late Friday night and early into Saturday, there are a number of things we have to consider. The US Dollar may be under some pressure this week as a result of this event. Gold and Silver may rally as fear and panic enter the markets. Oil will likely rise on fear of a disruption or conflict related supply issue. The US stock market will likely rotate with a bit with continued large price volatility early Monday morning as traders attempt to reposition after this event. Given all of this, the long-term perspective has to be maintained in order to understand the true market dynamics.
As we understand it, this event was a “shot over the bow”, so to say, with regards to the players in Syria and the fact that chemical weapons attacks will not be allowed to continue. Syria is an absolute mess with multiple parties attempting to develop alliances and dominate the narrative of this conflict. The US involvement started quite a while ago and we believe the US will attempt to stay as far away from direct engagement as possible with regards to this ongoing event
As traders, we have to understand that this type of isolated event may create price anomalies in the markets that present incredible opportunities for smart investors. Our ADL price modeling system is still warning us that the US markets should be headed higher over the next 3~5 weeks. How does this event in Syria change these predictions? It doesn’t. It just means that pricing pressure because of this event may create what we call a “price anomaly” that allows us to position our trades for the “recovery event.
This SPY chart illustrates what we believe will be the most likely outcome. If investors panic and rush into the US markets, then we could see a broad market rally early this next week. If investors panic and attempt to rush into a protectionist position, then we could see the US majors consolidate near these lower price ranges for a few weeks setting up the “price anomaly” we have been discussing. Either way, we believe the markets will attempt a massive upside move in the near future because our advanced price modeling systems are showing a clear upside bias as well as the fact that capital will always move into safe and stable environment for returns. The US and other established markets are really the only places where capital will attempt to reside if this conflict extends much further.
This additional SPY chart shows a number of key technical elements; the Standard Deviation Price Channel and the key Volume Support & Resistance zones. These are important for all traders to understand, the Volume Support & Resistance zones are key to understanding the current price consolidation range. These levels are going to continue to be price boundaries till price breaks these levels and attempt a move higher or lower. The Standard Deviation Price Channel is also key to understanding that price will attempt to “recover” to this level at some point – unless some massive market event disrupts this channel and creates a new price channel. We believe the markets have not accomplished this disruption event yet and the current price channel is still valid.
This $INDU weekly chart provides a much clearer example of the ADL price modeling system at work and what we believe could be an explosive upside price move within the next 3~5 weeks. See how the ADL price modeling system is predicting the “Expected Price Target Range” much higher than current price levels? If the Syria event continues to hold prices down in the illustrated “Price Compression Zone”, then the reactive recovery event for price will be an explosive upside price swing in the near future. These are the types of anomalies that we look for in our analysis. They can be very powerful and very profitable if one knows how to position selected trades to take advantage of these moves.
Lastly, this one chart sums up our metals analysis quite well. The Syria event is probably not over yet and the world’s powers will continue to control the narrative of this event for quite a while. What we can determine from this is that some level of additional fear will likely reenter the markets which means that Metals and Oil will likely move higher as this fear comes into play. This SIL Weekly chart shows that our ADL price modeling systems is predicting substantially higher prices over the next 3~12+ weeks. Many people have discussed that Silver is the poor man’s Gold and the disparity in pricing between Gold and Silver makes Silver a substantially advantageous commodity to own. If this ADL price modeling is correct, Silver and SIL will begin to skyrocket higher over the next few weeks and months as capital, which is always searching for a safe and viable environment for returns, hunts for the best protected areas of the market for continue ROI growth. Where will it go?? Probably into the US equities, metals and oil.
Remember, with events like this, there is not a single person on the planet that can attempt to predict the future with any degree of accuracy. Even our own price predictive modeling systems can’t be 100% accurate all the time. We have to consider all perspectives of these markets and when we get more than one analysis that confirms our primary research, then we have a better understanding of what might happen. What we can tell you is that our team of researchers are dedicated to helping our members stay ahead of the markets and find suitable trading opportunities for success. Our analysis and price modeling systems have been dead-on accurate through almost all of 2018 and late 2017. Our analysis is saying that we have to watch what happens early this week to see which of the two expected price reactions are going to play out and make decisions based on what price is doing then. Still, we have a plan to execute positional trades for our members to allow them to profit from these moves either way and we believe the opportunity for success is incredible.
If you want to learn how to take advantage of these types of opportunities and market anomalies with stock and ETF trade alerts, then visit www.TheTechnicalTraders.com and see what we have to offer. Start off with our Quarterly membership to give yourself ample time to see how we find and deliver success for our members. Remember, these moves don’t always play out like we expect, we will be updating our members with new research as the markets show different setups in the future. Right now, we’ve shown you what will likely happen for the next 3~5+ weeks and we are uniquely positioned to take advantage of these moves. If you feel you are in need of our assistance, then please visit www.TheTechnicalTraders.com to learn how we can assist you in profiting from these massive price swings.
https://thegoldandoilguy.com/wp-content/uploads/2018/04/Chart_18-04-14_SIL_W_ADL.png413700adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2018-04-15 15:28:142018-04-15 15:28:14Bombs, Missiles and War – What to expect from the stock market next
We, at Technical Traders Ltd., believe recent data released by China presents traders with a huge opportunity over the next 6~18 months. Recently released Chinese economic market data points to a general market disruption in regards to trade values, import/export data and loan/debt risk. As reported by Reuters and Business Insider, the continued crackdown on Shadow Banking in China, as well as recently announced trade tariffs, may be shifting the dynamics of the Chinese Dragon economy dramatically.
Additionally, we recently read an article where the IMF intended to discuss the numerous Chinese expansion projects throughout the globe in an effort to attempt to restrain “partner country debt risks”. We believe the intent of the IMF is to attempt to protect partner countries from entering into what appear to be expansion projects (backed by China) while risking a debt collapse in the near future. Much like Greece or Puerto Rico, once a poor nation crosses that debt to GDP ratio, it is almost impossible to recover because the debt balance become insurmountable.
In terms of US market research and investment opportunities, this new data from China presents a number of new opportunities in terms of market dynamics. First, we believe China will continue to decrease its capital reserves in an attempt to prop up their economic functions. Secondly, the new trade tariffs will put additional pressure on the Chinese economy. Lastly, we believe the consumer and real estate market cycles will come into play over the next 6~18 months which will create further pressure within the Chinese economy. Because of all of these factors, in addition to the fact that much of the Chinese economic expansion is debt based, we believe a massive capital migration into US, Canadian and UK stocks will become more evident over the next 6+ months.
Our research team has been working to identify these opportunities for our members and to position our clients properly for this future move. Our advanced predictive modeling systems have been DEAD ON accurate for the past 5+ months with regards to these major market moves.
The chart, below, shows our ADL predictions for the SPY throughout the end of May 2018. As you can see, our price modeling system is predicting that prices will continue to advance for the next 6+ weeks. We believe that as the Chinese economic data continue to roll in with mixed results, the capital migration to the US and other established markets will be tremendous and push US equities to new highs.
Additionally, this potential move opens up a number of possibilities in commodities and other equities throughout the next 18+ months. If you want to learn how our research team at www.TheTechnicalTraders.com can assist you in finding these opportunities then please visit our website to learn more and read some of our most recent research reports. Pay close attention to our recent China Collapse article for more detailed information regarding our thinking. Trust us – you won’t want to miss this move in the markets.
53 years experience in researching and trading makes analyzing the complex and ever-changing financial markets a natural process. We have a simple and highly effective way to provide our customers with the most convenient, accurate, and timely market forecasts available today. Our stock and ETF trading alerts are readily available through our exclusive membership service via email and SMS text. Our newsletter, Technical Trading Mastery book, and 3 Hour Trading Video Course are designed for both traders and investors. Also, some of our strategies have been fully automated for the ultimate trading experience.
https://thegoldandoilguy.com/wp-content/uploads/2018/04/Chart_18-04-13_SPY_ADL_W.png413700adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2018-04-13 14:25:402018-04-13 14:25:40Shocking Chinese Economic Data Points Will Disrupt Markets
Our analysis continues today with this research of a potential Short Squeeze in the SPX and other broader markets. As you are probably well aware, we, at www.TheTechnicalTraders.com, have been nailing the markets with our detailed analysis for quite a while. Our Advanced Analytical tools have called nearly every move. Nearly two weeks ago we called a massive market bottom to form in the US markets – well before just about anyone else even saw a bottom formation. In fact, we have already banked 10% profit on the first half of our best-cherry-picked setup for subscribers and it’s continuing to rally more.
Today, we are calling the potential for a massive upside breakout move on what we believe is a massive Short Squeeze position just above resistance in the SPX. Take a look at these charts.
This SPY chart showing our Advanced Adaptive Dynamic Learning Cycles and the Stage 1 basing pattern that we referenced yesterday is still very valid. This resistance channel, near the top of the yellow rectangle, is very clear and we can see prices are tightening near the top of this channel. Our ADLC cycle modeling system is showing a very clear upside breakout – the massive Short Squeeze move.
This SPX chart shows a similar setup with a resistance channel near 2675 and a very clear upside potential to near 2800 or higher. What is interesting about this chart is that the Standard Deviation channels show this move would actually be considered a “reversion trade” – back to within normal pricing channels. This means that we could see a much broader move higher with this upside potential – possibly well above 2850.
This final chart is a 240-minute SPX chart that helps to better understand and see the resistance channel that we expect to be broken today or tomorrow. We believe this downside resistance has setup a massive Short Squeeze position that coincides with our ADL and ADLC predictive analysis technology to indicate that we should see a massive upside price move in the immediate future. As traders, this means we have some real profit potential over the next few weeks with this move.
Take a look at our trade alert service Wealth Building Newsletter and tools we provide our members at Technical Traders Ltd. and see how we can assist you in finding and executing great trades like these every week. We have hundreds of members that are following our daily video and other analysis each week. We believe you should have a great team of researchers and traders backing you up with opportunities for greater profits – check us out www.TheTechnicalTraders.comto see how we can improve your trading success.
Chris Vermeulen
https://thegoldandoilguy.com/wp-content/uploads/2018/04/spy3.png449700adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2018-04-12 10:45:392018-04-12 10:45:39SPX Resistance May Prompt A Massive Short Squeeze