Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Friday Stock Market CRASH Following Israel Attack on Iranian Nuclear Facilities - 19th Apr 24
All Measures to Combat Global Warming Are Smoke and Mirrors! - 18th Apr 24
Cisco Then vs. Nvidia Now - 18th Apr 24
Is the Biden Administration Trying To Destroy the Dollar? - 18th Apr 24
S&P Stock Market Trend Forecast to Dec 2024 - 16th Apr 24
No Deposit Bonuses: Boost Your Finances - 16th Apr 24
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
S&P SEASONAL ANALYSIS - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Fade The News – Another Leg Higher For Stocks

Stock-Markets / Stock Markets 2018 Mar 05, 2018 - 09:29 AM GMT

By: Chris_Vermeulen

Stock-Markets

Recently, quite a bit of news has been published warning of a massive market correction or top that may scare you.  Our research shows this is not the case.  We want to set your mind at ease with regards to these fears they may be experiencing with some real research and price modeling that has proven to be extremely accurate over the past 5+ months.

The research team at www.TheTechnicalTraders.com has continued to publish market research documents that have contradicted many of the largest research firms on the planet.  Our small, but dedicated, team of analysts and researchers have spent years developing modeling systems that assist us in knowing what the markets will do in the future. In some cases, many weeks in advance.  This helps us time our trades and select market sectors that are about to rotate well before the moves begin.


In fact, on Friday we sent all the subscribers who joined our 1 or 2-year Wealth Building Newsletter plans our newest book “The Crash of 2018-2020 – How You Can Profit” which is exclusive to those member’s and we look two years into the future and what we should be aware of.

In this post, we are going to highlight and illustrate why the fear that you may be reading about should be discounted – at least temporarily.

Near the beginning of 2018, we were warning that a market pullback would take place after a strong early start to the year.  We called this correction almost perfectly and we called the recovery almost to the exact bottom.  We recently warned the US majors needed to pull back a bit before the next upside leg could begin, and this recent market rotation to the downside is the outcome of that prediction.

Now, we believe the upside leg will begin in earnest and may surprise quite a few analysts and researchers.  Many are expecting a retest of recent lows, yet our predictive modeling systems are telling us the US majors will move much higher, much quicker than many believe could ever happen.

This first chart of the ES (E-Mini S&P) clearly shows our advanced predictive modeling system, the ADL system, is predicting much higher prices over the next few weeks.  Follow the DASH lines to the right of the current price to see what our price modeling system is predicting.  When you do, it becomes easy to see that we should expect a few more days of price rotation near the current levels before a new advance begins near March 8th or later.  After this price advance begins, our predictive modeling system is clearly illustrating a moderately aggressive upswing towards recent highs before a bit of consolidation near March 16~20.  Shortly thereafter, an additional push higher should be expected with a continued price advancement well into the end of March.

The adaptive price modeling system shows even clearer detail on this Daily NQ chart.  We’ve added a Fibonacci Retracement of the most recent price rotation to this chart to help our readers understand key price levels and how they relate to price action.  Remember, the adaptive price modeling system is attempting to identify and correlate the highest probability outcomes from price action and technical indicator patterns.  It does not care about Fibonacci or other types of price analysis techniques.  The fact that the price modeling support levels (the heavy red lines being drawn to the right of current prices) are aligning with the Fibonacci 6711 level shows us that this level is likely key support going forward.

The adaptive price modeling system is showing price advancement similar to that of the ES chart.  A brief price rotation early next week, followed by a strong price advancement towards recent highs where price is expected to stall for a few days.  Shortly thereafter, the price will begin to advance again to new highs.  All of this is taking place within a similar time window as the ES chart analysis.  Price will advance to recent highs near the March 15~20 and stall for a few days.  Then the price will continue to advance above 7150 in the NQ before the end of March.

Yes, we are predicting a 350 point advancement in the NQ for those that are paying attention.  Might be a really great trade sitting right in front of you if our research plays out again as expected.

We share our analysis so that you have some real predictive analysis data for research and review.  We are not always 100% accurate in our modeling systems predictions or accuracy, but you can spend a little time reading our research reports through most of this year to see how we’ve been calling these market moves since well before the start of 2018.  Visit www.TheTechnicalTraders.com to see what we offer our subscribers and learn how we can assist you in finding great trading opportunities.  In fact, pay attention to the market moves as they play out over the next few weeks to see how accurate our research really is. On Friday morning before the market opened, we showed subscribers a quick intraday trade that on the SP500 index that lasted only 3 hours and netted $650 profit to end the week. Bottom line, we’re confident you will quickly understand that we provide some of the best predictive analysis you can find and we are proud to offer you and members this type of research.

In closing, don’t fall for the fear and panic articles.  Yes, the market is extended.  Yes, the market may correct sometime in the future.  Yes, the Fed has likely created a massive bubble.  But it’s not over yet and the real trade is this 350+ point rally that is set up.  Hope to see you in our member’s area where we can share more data and research to help you profit from these moves – visit www.TheTechnicalTraders.com to learn more.

If you want to know how you can profit from these types of move and how our research team can assist you, visit www.TheTechnicalTraders.com to learn more.

Chris Vermeulen
www.TheTechnicalTraders.com

Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic

Through years of research, trading and helping individual traders around the world. He learned that many traders have great trading ideas, but they lack one thing, they struggle to execute trades in a systematic way for consistent results. Chris helps educate traders with a three-hour video course that can change your trading results for the better.

His mission is to help his clients boost their trading performance while reducing market exposure and portfolio volatility.

He is a regular speaker on HoweStreet.com, and the FinancialSurvivorNetwork radio shows. Chris was also featured on the cover of AmalgaTrader Magazine, and contributes articles to several leading financial hubs like MarketOracle.co.uk

Disclaimer: Nothing in this report should be construed as a solicitation to buy or sell any securities mentioned. Technical Traders Ltd., its owners and the author of this report are not registered broker-dealers or financial advisors. Before investing in any securities, you should consult with your financial advisor and a registered broker-dealer. Never make an investment based solely on what you read in an online or printed report, including this report, especially if the investment involves a small, thinly-traded company that isn’t well known. Technical Traders Ltd. and the author of this report has been paid by Cardiff Energy Corp. In addition, the author owns shares of Cardiff Energy Corp. and would also benefit from volume and price appreciation of its stock. The information provided here within should not be construed as a financial analysis but rather as an advertisement. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. Technical Traders Ltd. and the author of this report do not guarantee the accuracy, completeness, or usefulness of any content of this report, nor its fitness for any particular purpose. Lastly, the author does not guarantee that any of the companies mentioned in the reports will perform as expected, and any comparisons made to other companies may not be valid or come into effect.

Chris Vermeulen Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in