Late-Cycle Warning Signs Are Building Across Global Markets
I recently spoke with David Lin about what the charts are signaling across global markets, and the message from price action is becoming increasingly clear. Trade war headlines are acting as a catalyst, but the technical structure was already vulnerable. Markets are now pressing into critical decision zones where history shows they typically resolve with either a sharp bounce or a more decisive breakdown. A growing cluster of late-cycle signals, including momentum divergence, failed breakouts, and expanding volatility, suggests the current environment is less about opportunity and more about risk awareness.
We also discussed signs of excess across several asset classes. Precious metals are showing characteristics of a late-stage surge, with silver approaching levels that have historically aligned with exhaustion rather than sustainability. Speculative behavior across equities and crypto appears to be cooling, with Bitcoin testing key support levels that often determine whether volatility accelerates. Taken together, these conditions resemble past periods that preceded broader market resets, reinforcing the importance of understanding where risk expands and why capital preservation becomes increasingly relevant during this phase of the cycle.
Sign up for my free Investing newsletter here
The topics David and I discussed include:
- 0:00 – Intro
- 1:10 – Trade War Shock
- 3:00 – Bounce or Breakdown
- 6:05 – “Big Reset” Warning
- 9:10 – Market Top Signals
- 12:55 – Metals Blowoff
- 17:25 – Silver Peak Levels
- 22:55 – Feeding Frenzy Ends
- 27:00 – Crash Targets
- 32:15 – Bitcoin Breakdown Risk
Chris Vermeulen
Chief Investment Officer
TheTechnicalTraders.com
MY FREE INDICATORS IN MY BOOKS
Disclaimer: This email is intended solely for informational and educational purposes and should not be construed as personalized investment advice. Technical Traders Ltd. and its affiliates are not registered investment advisers with the U.S. Securities and Exchange Commission or any state regulator. The content provided does not constitute a recommendation to buy, sell, or hold any security, commodity, or financial instrument. All opinions expressed are those of the authors and are subject to change without notice. Any financial instruments mentioned may be held by Technical Traders Ltd. or its affiliates at the time of publication, and such positions may change at any time without notice. Readers are solely responsible for their own investment decisions. We strongly encourage consulting with a licensed financial professional before making any trading or investment decisions. Performance results referenced may include both live trading data and backtested or hypothetical performance. Hypothetical performance results have many inherent limitations and do not reflect actual trading. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. Testimonials and endorsements included in this communication may not be representative of all users’ experiences and are not guarantees of future performance or success. We may receive compensation from affiliate links or promotional content in this communication. Any such compensation does not influence our editorial integrity. By reading or subscribing, you acknowledge that the content provided is general market commentary and not tailored to any individual’s financial situation. Past performance is not indicative of future results. Investing involves risk, including the potential loss of capital.