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Market Oracle FREE Newsletter

Stock Market Trend Forecast Oct - Dec 2019 by Nadeem Walayat

Our Incredible Price Anomaly Setup in the Nasdaq Stock Market

Stock-Markets / Stock Index Trading Mar 15, 2019 - 07:09 AM GMT

By: Chris_Vermeulen

Stock-Markets

research team has been alerting our followers to a potentially deep price retracement setting up in the NQ and other US stock market majors.  Although the recent price activity has pushed to newer recent highs this week, as you will see in the chart below, our Adaptive Dynamic Learning (ADL) price modeling system is suggesting that a “price anomaly” has set up.

These types of price anomalies are indicative of when price moves in an extended way outside of or away from the ADL predicted price levels.  On the chart below, of NQ (NASDAQ), you’ll see the current setup with the predicted price anomaly highlighted as a RED SQUARE.  This NQ ADL price pattern consists of 13 unique previous ADL instances and suggests there is a greater than 65% likelihood the prices will fall towards the 6700 level in the NQ over the next few days.


Our ADL price modeling system also confirms this on the Weekly chart basis.  With 84 unique instances of an ADL price pattern, we are expecting a 65 to 95% probability that prices will fall to below 6700 within the next 3 to 5 weeks.

Both the Daily and Weekly ADL predictive modeling systems are suggesting that the upside move is over.  The price anomaly could continue for a few more days, we’ve seen it happen in the past where price continues to push away from the ADL levels – this is what makes a price anomaly so exciting.  When price moves away from levels that our ADL price modeling system suggests going to happen in the future, it allows us to set up trades expecting the price to REVERT back towards the ADL levels.  So in this case, we can start setting up trades near 7300 for the NQ to retrace back to near 6700 – a 600 point swing.

If you want to join a group of professional traders, researchers, and friends, take a look at our trading newsletter to learn how we can help you find and execute better trades each month.  We believe 2019 and 2020 will be incredible years for skilled traders and we are executing at the highest level we can to assist our members.  In fact, we are about to launch our newest technology solution to better assist our members in creating future success.

Our team has 53 years of 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.

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

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