New Predicted Trends For SPX, Gold, Oil Nat Gas

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Published : December 02nd, 2019
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Category : Market Analysis

This week should be more volatile as we mentioned last week. In fact, equities are all over the place in pre-market up, and now down with strong volume. While money, in general, is still flowing into the risk-on (stocks) be the average investor keeping a steady upward grid higher for stocks, and decline in bonds and gold, our short term analysis indicates that should be coming to an end and potentially this week. 

EXECUTIVE SUMMARY:
– SP500 showing strong selling volume in pre-market (bearish)
– Bonds and metals trading sharply lower by 1% and 0.50% giving mixed signals for the overall financial market trend
– Natural gas up 2-4% this morning showing big volatility as its likely to start a bottoming process this week.
– Crude oil is up 2.3% bouncing off support but our cycles are pointing to choppy prices this week. 

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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 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 has also been on the cover of AmalgaTrader Magazine, and featured in Futures Magazine, Gold-Eagle, Safe Haven,The Street, Kitco, Financial Sense, Dick Davis Investment Digest and dozens of other financial websites.
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