Best of the Week
Most Popular
1. Ray Dalio: This Debt Cycle Will End Soon - John_Mauldin
2.Stock Market Dow Plunge Following Fake US - China Trade War Truce - Nadeem_Walayat
3.UK House Prices 2019 No Deal BrExit 30% Crash Warning! - Nadeem_Walayat
4.What the Oil Short-sellers and OPEC Don’t Know about Peak Shale - Andrew_Butter
5.Stock Market Crashed While the Yield Curve Inverted - Troy_Bombardia
6.More Late-cycle Signs for the Stock Market and What’s Next - Troy_Bombardia
7.US Economy Will Deteriorate Over Next Half Year. What this Means for Stocks - Troy_Bombardia
8.TICK TOCK, Counting Down to the Next Recession - James_Quinn
9.How Theresa May Put Britain on the Path Towards BrExit Civil War - Nadeem_Walayat
10.This Is the End of Trump’s Economic Sugar High - Patrick_Watson
Last 7 days
Where is the Dow Stock Market Santa Rally? - 17th Dec 18
With Weaker Climate Consensus, Expect Elevated Climate Change - 16th Dec 18
SMIGGLE Advent Calendar 2018 UK Contents - What You Get Look Inside Review - 16th Dec 18
Is there a Lump of Coal in Santa's Stock Market Bag? - 16th Dec 18
This Market Will Drive Gold in 2019… - 16th Dec 18
Gerald Celente:Central Banks Can’t Stop a 2019 Debt Disaster - 16th Dec 18
Gold Stocks Triple Breakout - 15th Dec 18
The stock market fails to rally each day. What’s next for stocks - 14th Dec 18
How Low Could the S&P 500 Go? - 14th Dec 18
An Industrial to Stock Trade: Is Boeing a BUY Here? - 14th Dec 18
Will the Arrest of Huawei Executive Derail Trade War Truce? - 14th Dec 18
Trump vs the Fed: Who Wins? - 13th Dec 18
Expect Gold & Silver to Pullback Before the Next Move Higher - 13th Dec 18
Dollar Index Trends, USDJPY Setting Up - 13th Dec 18
While The Stocks Bulls Fiddle With The 'Fundamentals,' Rome Burns - 13th Dec 18
The Historic Role of Silver - 13th Dec 18
Natural Gas Price Setup for a Big Move Lower - 13th Dec 18
How to Get 20% Off Morrisons Weekly Supermarket Shopping - 13th Dec 18
Gold Price Analysis: Closer To A Significant Monetary Event - 13th Dec 18
Where is the Stock Market Santa Claus Rally? - 12th Dec 18
Politics and Economics in Times of Crisis - 12th Dec 18
Owning Precious Metals in an IRA - 12th Dec 18
Ways to Improve the Value of Your Home - 12th Dec 18
Theresa May No Confidence Vote, Next Tory Leader Betting Market Analysis and Forecasts - 12th Dec 18
Gold & Global Financial Crisis Redux - 12th Dec 18
Wow Your Neighbours With the Best Christmas Projector Lights for Holidays 2018! - 12th Dec 18
Stock Market Topping Formation as Risks Rise Around the World - 11th Dec 18
The Amazing Story of Gold to Gold Stocks Ratios - 11th Dec 18
Stock Market Medium term Bullish, But Long Term Risk:Reward is Bearish - 11th Dec 18
Is a Deleveraging Event about to Unfold in the Stock Market? - 11th Dec 18
Making Money through Property Investment - 11th Dec 18
Brexit: What Will it Mean for Exchange Rates? - 11th Dec 18
United States Facing Climate Change Severe Water Stress - 10th Dec 18
Waiting for Gold Price to Erupt - 10th Dec 18
Stock Market Key Support Being Re-Tested - 10th Dec 18
May BrExit Deal Tory MP Votes Forecast, Betting Market Analysis - 10th Dec 18
Listen to What Gold is Telling You - 10th Dec 18
The Stock Market’s Long Term Outlook is Changing - 10th Dec 18
Palladium Shortages Expose Broken Futures Markets for Precious Metals - 9th Dec 18
Is an Inverted Yield Curve Bullish for Gold? - 9th Dec 18

Market Oracle FREE Newsletter

How You Could Make £2,850 Per Month

Stock Market Predictive System Shows Nasdaq May Be Nearing A Top

Stock-Markets / Stock Markets 2018 Jun 05, 2018 - 02:52 PM GMT

By: Chris_Vermeulen

Stock-Markets

Our proprietary predictive modeling systems are showing us a core market dynamic that many people are completely unaware of right now.  We are going to show you something in this post that is so valuable that you won’t believe we are sharing it with you.  Why are we doing this you might ask?  Because we want you to think about how different your daily trading routine would be like as a member of Technical Traders Ltd. and how our specialized research and proprietary modeling systems can assist you in staying ahead of the markets.


If you’ve followed any of our previous analysis posts, you already know we called this market bottom as it happened, over 60 days ago.  You also know we’ve been predicting the markets to rally in an attempt to breach the all-time market highs for the past 40+ days.  Now, you are going to learn what the markets are going to do over the next 3~5+ weeks as a dynamic price valuation shift is starting to unfold.  If you want to see what the markets are going to do all the way into early 2019, then join www.TheTechnicalTraders.com and learn how we can help to keep you ahead of these market moves and learn how we can help you find profits every week.

Here we go..

Right now, as we understand it, a number of institutions and professional traders are watching the global markets for any immediate signs this market will rotate lower and potentially crash.  Many institutions are betting that the foreign markets and the US market is overextended and may collapse.  Yet, our proprietary analysis and price modeling systems are showing a completely different picture for the next 6~9+ months.  You are about to learn how and why you want to focus your trading on specific sectors over the next 4~6 months.

Recent price action in the US majors has been a bit lopsided into the tech-heavy NASDAQ.  Because of this, the other US majors have now seen the types of price advances that our predictive modeling systems have predicted.  The NQ has advanced substantially as we believe a unique capital flight is taking place where foreign capital is rushing into the US markets chasing profits and earnings.  The general consensus is that investing in technology firms will provide the best returns.  Well, this may not be the case over the next few months and we believe the real opportunity lies in the Blue Chips and S&P sectors.

This NQ Weekly chart shows that the NASDAQ has nearly rallied to above all-time price high levels and has little more than +1% to go before testing/breaching these levels.  Granted, the move in the NQ has been impressive and we believe the primary factor in this move is the rush of capital entering into the technology and biotech markets that make up the NQ sectors driving this rally.  Our price modeling systems suggest this move is nearly over and the NQ will likely consolidate and rotate over the next 3 months.

This leads us to believe that capital will shift from the technology and biotech-heavy NASDAQ to the other US sectors that have underperformed recently.

This SPY weekly chart shows what we believe is the underlying shift that is taking place.  While the NQ has rallied to near all-time highs, the SPY has just recently begun to advance above recent rotational highs.  With a strong support zone near $255 and all-time highs near $268.60, the SPY has a potential for a +4.5% price rally to reach these recent all-time highs.

This YM chart shows a similar setup to the SPY.  With support near 24,450 and a clear upside sloping price channel, the YM chart shows a potential for a +7~8% upside price move before reaching near all-time highs.

We believe a pricing valuation shift will begin to occur in the US majors over the month of June where the NQ rallies to just above the all-time high levels, stalls and rotates over the Summer months while the S&P and DOW Blue Chips and leaders rally +4~10% over the same time span.  We believe this shift in pricing dynamics will be the result of price valuations/expectation levels in the NQ having outrun true earnings potentials.  Foreign capital has been pouring into the US technology stocks for well over 16 months now.  Much like the 2000 Dot Com bust, this run may be overextended and a pricing shift is likely already started.  The real profits over the next few months will be in the S&P and DOW leaders.

Isn’t it about time you made an investment into your trading future that really generated returns for your subscription costs? Take a look at some of our recent research posts to see how accurate our research really is and understand that we are providing you with valuable insight in this article that you will probably start to hear about in 30+ days from all the other researchers.  If you want to stay ahead of the markets like we do, then visit www.TheTechncialTraders.com and become a valued subscriber.  We know you will be satisfied with our efforts to help you become more successful.

BECOME A TECHNICAL TRADER TODAY
AND PROFIT FROM THE MARKETS

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

© 2005-2018 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

6 Critical Money Making Rules