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Chris Vermeulen

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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 author of the book: 7 Steps to Win With Logic

The Technical Traders - For a bull trend to perpetuate it occasionally needs to climb a wall of worry. Bearish investors are always on the lookout for a theme that will provide them with an opportunity to short a stock or sector. If prices rise, investors who shorted-shares will need to cover, perpetuating the bull-trend rally. This concept has […]

The Technical Traders - Clusters of Doji shaped candles have, for centuries, illustrated very clear levels of support/resistance in price action.  Whenever multiple Doji candles appear in a cluster-like formation, traders should pay attention to these levels as future support/resistance ranges for price action.  In the case of the S&P500 E-Mini Futures Daily Chart, we can clearly see three […]

The Technical Traders - CLEAR PRICE CHANNEL MAY PROMPT BIG BREAKOUT OR BREAKDOWN MOVE IN OIL In this report, I discuss the recent price action in crude oil and how economic conditions and the pennant flag chart pattern is indicating a big price move is about to take place over the next few weeks.  While some of you may […]

The Technical Traders - Rather quickly in trading late Sunday night, the NQ (NASDAQ E-Mini Futures) began to move higher quite consistently.  By the time the markets opened in London on Monday, the rally was ON.  We believe this is related to two underlying factors: A.  Short positions were getting squeezed after the end of week rally in the […]

The Technical Traders - After nearly three weeks of sideways/downward price action in Gold and Silver, our researchers believe both metals have already set up another breakout/rally attempt after breaching downward resistance (shown as the downward sloping CYAN line). This could be another huge opportunity for precious metals traders as the next move higher should prompt a rally above […]

The Technical Traders - RESEARCH HIGHLIGHTS: We continue to monitor the $339.50 level as a key resistance level. Our weekly SPY chart is showing that the Fibonacci Price Amplitude Arc resistance level is acting as a ceiling for price and a downward trend in the Momentum indicator. The current rally in price may simply be another Bull-Trap set up […]

The Technical Traders - RESEARCH HIGHLIGHTS: InfoTech has been the hottest sector in the past 30 days, although it is 11% off from September 21, 2020 highs. Consumer Discretionary and Healthcare are the #2 and #3 hottest sectors. The Energy, Internet, Banks, and Insurance sectors have been weaker in the past 30 days. Volatility, which is almost twice as […]

The Technical Traders - If I put the pandemic aside and ignore the current jobs picture there are many reasons that I am bullish stocks.  Housing continues to remain upbeat with sales near all-time highs and consumer confidence is rising, which means investors’ sentiment will continue to trend higher. What is most important is that stocks that have outperformed […]

The Technical Traders - RESEARCH HIGHLIGHTS: The SPY has been trading below its previous peak resistance level from March for more than two weeks and has begun to retest this level. If the SPY can clear this level on moderately strong volume, we believe the US stock market may enter another “melt-up” phase. If not, then we may see […]

The Technical Traders - RESEARCH HIGHLIGHTS: In the early 1900s, multiple events prompted a rising commodity price level and a decline in the Stocks to Commodities ratio. We expect commodities may begin to appreciate and where stock price levels may stall or decline. We also believe we are currently nearing the end of a rising cycle in both Stocks […]

The Technical Traders - RESEARCH HIGHLIGHTS: A Dark Cloud Cover pattern is a Japanese Candlestick Pattern that is typically associated with major top setups. Critical Support on the SPY highlighted by multiple technical analysis strategies suggests 335~335.25 is acting as a major support level. If price stays below the $339.95 level, then we interpret the trend as being Bearish. […]

The Technical Traders - This second part of our research post on super-cycles and precious metals will present our expectations going forward for 6 to 24+ months.  In Part I of this research post, I linked a number of our previous research articles we recommended to readers to review for context and continuity. If you have not read Part […]

HoweStreet.com Radio - Institutional traders wary, the public care-free

The Technical Traders - RESEARCH HIGHLIGHTS: Uncertainty and cycle events will likely lead to continued Gold and Silver price appreciation until the cycle events end (likely in 2024 or 2025). The gold/silver ratio chart shows very clear levels of support and resistance. With the next targets $2,000-$2,250, $3,200 then $5,500+. Extended basing may continue for the next 2 to […]

The Technical Traders - RESEARCH HIGHLIGHTS: The Transportation Index, has been unusually aligned with the S&P 500 over the past 8+ months. Classic Japanese Candlestick top/sell reversal “Three Rivers Evening Star topping pattern” setting up. We may see a much bigger downside price move where price attempts to find support near 9,800 or 9,200. The Transportation Index, which typically […]

The Technical Traders - RESEARCH HIGHLIGHTS: Gold rebounded quickly and broke to higher prices after the COVID deep selling. Our Fibonacci support levels for Gold are resting near $1,885, $1,815 & $1,790. More downside pressure on price is possible, but if support is maintained at $1,885 then we could see a big upside recovery trend take Gold to $2,250. […]

The Technical Traders - RESEARCH HIGHLIGHTS: New reports of widespread financial corruption likely triggered the current sell-off. Watch out for market support levels to see if this is a short-term correction or the start of a downtrend. Support for the DOW is just above 26,000. Support for the SP500 is around 3,100. US and global markets were already under […]

The Technical Traders - RESEARCH HIGHLIGHTS: Gold Pennant/Flag formation is now complete and setting up new momentum base near $1,925. Our Adaptive Fibonacci Models suggest support will prompt new Gold rally to $2,250. The rally in Gold will continue to extend higher over the next 4+ weeks. The US Dollar may move lower and/or the US stock market may […]

HoweStreet.com Radio - Gold Miners still have lots of potential

The Technical Traders - RESEARCH HIGHLIGHTS: Although our modeling systems have recently switched into Bullish Trending mode, we are still very cautious of a Bull Trap pattern. Bearish technical divergences between price and RSI with an election 50+ days away indicates market weakness and money rotating out of FAANG stocks. FAANGs are at make or break levels – it’s […]

The Technical Traders - RESEARCH HIGHLIGHTS: The washout-low price move in FANG stocks may present a needed rotation in price before another upside move sets up. Tweezer Bottoms pattern and RSI pennant formation suggest very clear support levels. Watch how Volume and the VIX pick up over the next few days, and how price reacts to this bounce at […]

The Technical Traders - RESEARCH HIGHLIGHTS: Breakdown in Crude Oil sparks talk of sub $30 price targets. Initial support likely near $32 to $33. Predictive Modeling suggests deeper price lows may be reached before November 2020. Have you been paying attention to Crude Oil recently?  Prices have collapsed over -15% from the recent highs near $43.78. You may remember […]

The Technical Traders - RESEARCH HIGHLIGHTS: Bitcoin collapsed near Triple Fib Amplitude Arcs – is this a sign of pending reversal for other assets? It is very likely that Bitcoin price levels will fall below the May through July levels, near $9k in an attempt to identify new support levels. The $8k level would be the next downside price […]

The Technical Traders - RESEARCH HIGHLIGHTS: A Phase II rally in metals is just getting ready to start. Phase II rallies are very explosive and tend to enter Parabolic trends. Gold could rally 250% to 350% over the next several years. Silver could rally 550% to 750% over the next several years. My research team and I started exploring […]

The Technical Traders - RESEARCH HIGHLIGHTS: FANG Index may begin to peak/top as RSI Divergence pattern sets up. Dow Theory trend divergence confirmation suggests the end of the “Excess Rally” is near. The VIX moving higher suggests greater concerns of increased volatility. Dow Jones Utility Index moving lower on increased volume may be the key in a multiple-pattern set […]
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