Last Rally Then Brace For Correction
A brief synopsis of topics and charts I cover include:
- The recent rally that had us reaching profit targets.
- Using the Fibonacci extension, is the S&P500 on track to go higher?
- If equities break down, what will we be trading next?
- Precious metals are bullish overall, but will the trend last much longer?
- Bonds have had a recent pop, but is this indicative of a new trend?
- Oil has reached resistance; will it be able to break through?
- The BAN Hotlist; how sectors continue to rise and fall more quickly during the stage three topping phase of the market.
- US dollar, is it still basing?
- The danger of getting caught up in the opinions of other people vs. the safety of following price only.
Consistent Growth Trading & Investing Signals
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Chris Vermeulen
Chief Market Analyst
TheTechnicalTraders.com
Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the interview date but may not be accurate in the future.