Chris Vermeulen – The Technical Traders

Dow Jones Utilities Breaking Trend

By Dudley Pierce Baker http://JuniorMiningNews.com http://CommonStockWarrants.com Dow Theory suggests indices must confirm each other and volume must confirm the trend. The new downward trend in the Dow Utilities Index suggests indices are starting to break apart in terms of trending in unison. Volume recently has been trailing lower, which suggests the momentum behind these new …

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Expanding Wedge May Prompt Big Price Correction – Could A Big Top Be Setting Up Right Now?

By Dudley Pierce Baker http://JuniorMiningNews.com http://CommonStockWarrants.com The Monthly S&P500 E-Mini Futures chart is revealing an Expanding Wedge pattern that has been setting up since Jan/Feb 2018. The VIX has set up a base and begun to move moderately higher over the past 7+ days – above the 20.00 point level and above the GAP created by …

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Gold Is Flagging Out – Breakout Rally Targeting $2,150 Or Higher Is Next

By Dudley Pierce Baker http://JuniorMiningNews.com http://CommonStockWarrants.com Gold Found Support Near $1,945- Right Where We Expected Gold Setting Up A Pennant/Flag And Is Nearing The Apex Another Measured Move Is Setting Up – Targeting $2250 Or Higher Silver Should Rally To $36 Or Higher When Gold Breaks Chris Vermeulen of the technical traders brings us another …

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Deep Dive Into Silver Technicals

By Dudley Pierce Baker http://JuniorMiningNews.com http://CommonStockWarrants.com Short term bearish on silver with a sideways, choppy market for next 1-2 months The next significant resistance for silver is $36. Price action reminds us of the 2009 bull market. Long term target for next year is $80. It is good to own physical bullion right now – …

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