Special Investors Report – New Trade Pending
The overall markets are gaining strength, momentum, and traction. From a technical analysis perspective, will we get a buy signal to enter the markets once more?
A brief synopsis of topics and charts I cover include:
- Bonds are up, having a little bit of a bounce. Overall, the bond trend remains down.
- With the S&P 500 and Nasdaq’s recent pullback and recovery, where will the indexes go next?
- Utilities, in particular XLU, have been on a tear for the last month. What does this mean?
- Precious metals have had their 100% measured move, the topping phase, and are now consolidating. Is another surge on the horizon?
- A deeper look into Gold – what’s the upside and downside potential?
- Crude oil is flagging sideways in a consolidation phase. Will it find traction at support?
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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.
Source: https://wallstreetwindow.com/2024/05/special-investors-report-new-trade-pending/
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