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The recent news that the US and China will restart trade talks resulted in a fairly large upside price rotation as this “good news” suggests that some resolution to the trade issues may be in the works soon. Yet we want to warn traders that the US will likely want to see progress and action...
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Our researchers identified this critical Double-Top pattern in the Transportation Index after a very strong price rally on Friday, July 12. Double-Top patterns are very important in terms of Fibonacci price structure because they reflect a complete price rejection at a certain price level. In this case...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
07-17-2019
Filed under:
Filed under: silver, gold, transportation, market, technical, analysis, TRAN, Stock, fibonacci, US, precious, trade, top, formation, double, metal [Edit Tags]
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Any weakness in the Transportation Index near current levels would indicate investors and traders believe the global economy may continue to contract going forward and may be an ominous sign for the global stock markets. The Transportation Index is a measure of the current expectations related to shipping...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
07-02-2019
Filed under:
Filed under: index, transportation, market, technical, analysis, Stock, weakness, g20, commentary, trouble, warn [Edit Tags]
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As we continue to scan the charts for setups and trigger to alert our followers, we've come across a setup that may be more ominous than what it appears. Recently we've posted articles about how the SPY and the NQ have pushed into new all-time high price territory and how Gold is setting up for...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
04-25-2019
Filed under:
Filed under: spy, forecast, transportation, market, NQ, current, april, Stock, 2019, may, financial [Edit Tags]