BradMatheny

BradMatheny

#ES 60 Min Zones for this week. Support: 3912 & 3960 Resistance: 4018, 4058, & 4101 Trigger Zone: 3990~3995 I expect a melt-up to continue as expectations for 2023 settle into the EOY trends - likely attempting to break resistance at 4058 & 4101. Follow my research.

BradMatheny

Gold/Silver bugs - are you ready for what a lot of us have been saying for the past 5+ years. The base/bottom in metals back in 2015 was the critical base for the next big move. This upward price swing should be the next accumulation phase which will drive a speculative phase in about 3~4+ years. That speculative phase will be MASSIVE (should happen near...

BradMatheny

As the global economy continues to recoil after the US Fed rate increase - watch for the USD/DXY to find support above 103.70 and flag sideways/higher over the next 15+ weeks. I suspect any continued Fed rate increases will put further pressure on global markets/currencies and drive foreign investment in USD assets throughout 2023. Yes, the US economy is...

BradMatheny

Gold is doing what Gold always does in a Deprecionary Cycle Phase - sets up a momentum base, then start to build a momentum rally. Current base level is near $1670 to $1710. Normal rally results in a $400 to $475 rally phase before exhausting. My initial targets, $1860 & $1899, are just the first stage of the rally trend. Upside targets for exhaustion should be...

BradMatheny

I love the fact that traders are messaging me asking questions regarding my SPY Cycle Patterns. Thank you. I hope all of you are starting to see some value from my research and using it to profit from some of these moves higher. Right now, and probably until next week (Dec 12 of later), the markets will probably slide into a fairly volatile sideways melt-up...

BradMatheny

Have you been following my research, weekly videos, and Custom Metals Indexes? If so, you already know why I've been telling traders/investors Gold/Silver are setting up just like 2003-04: building a momentum base over the past 24+ months. The next move higher (over the next 5+ years) should be incredible. Silver is up 32% over the past 90 days. Can you imagine...

BradMatheny

Far too many people got burned over the past 24 hours by betting the FARM on the Fed coming out Hawkish. I was chatting with a guy on Twitter last week about his call for a deep selling phase (possibly reaching COVID lows) in the US markets. His followers got burned by today's move (some really badly). You have to shift with the market trends and prepare for the...

BradMatheny

This week, I expect a bit of a sideways melt-up before the Dec 7 start of the Santa Rally. The markets are digesting the post Thanksgiving trends and may continue to stay in a fairly narrow range over the next 7~10+ days. I do believe a critical Fibonacci inflation point is likely before Dec 7~10 - prompting a moderately strong Santa Rally phase to...

BradMatheny

Did you follow my research from late October/early November? So many people thought Crude Oil would climb higher on supply concerns (related to Winter/Europe). But here we are sliding below $75 (soon) and targeting the mid-$60s. My call from October was that we may see $64 to $67 as a base. Now, I'm thinking we may see $54 to $57 as a base. What is going to...

BradMatheny

Here you go. This week I expect the markets to melt upward with a couple of bottom/momentum bottom patterns as well as holiday trading liquidity. This week may see some volatile price swings, but overall I believe the US markets will continue to melt upward. As we near the end of the year, I expect some traders to try to pull out of positions (anchoring in tax...

BradMatheny

Is this it? Headed into the end of 2023 - are we going to see Crude Oil fall below $76 ppb as COVID & economic concerns trap the global economy into a contraction phase? My research suggests Crude Oil will attempt to find support near $63 to $65 before attempting to bottom. From current levels, this suggests a -$30 ppb downward price trend is likely. Two things...

BradMatheny

I know many of you are very interested in Gold/Silver, but you need to understand the dynamics of price, expectation, and the unwinding of risk. The current move higher puts Gold/Silver into new Fibonacci Bullish Trending. This is what we've all been waiting for. But, the move upward from these levels is going to be staggered/legged by bullish and bearish price...

BradMatheny

The incredible rally last week as traders flooded into US & Foreign market assets. The US Dollar rolled downward. Cryptos blew up and continued to tank. Traders are assuming inflation data will continue to trend downward and are viewing many foreign assets as "undervalued". You have to attempt to understand the psychology of the markets/humans and the seasonal...

BradMatheny

Could it be the great Crypto experiment of the past 8+ years is nothing more than a Vapor-Ware experiment to exploit the greed from their wealth? Remember the 1700s South Seas Trading Company? Remember the story of "great riches" to be had by exploiting the spice trade in the South Seas? Thousands of people piled into these shares after incredible stories of...

BradMatheny

Don't fool yourself with the idea that Crude Oil will continue to climb higher. The world is in a contractionary phase and Winter/COVID issues continue to plague demand. Crude Oil will slide downward as demand weakens into 2023. I expect $75 to $76 as a base level near the end of 2022. Then, possibly falling toward the $61 price level. Follow my research.

BradMatheny

I continue to post these SPY Cycle Patterns as a way to help educate and explore my research/results. The interesting part of this research is these patterns originate at an anchor point nearly 5 years ago and continue to produce valuable predictive results for each week going forward - all the way out to 2028 and beyond. Why are they so important? Because...

BradMatheny

Gold and Silver could move dramatically higher after the US Fed comments and the shift in how capital seeks safety. Precious metals have been consolidating downward for months. Now, it appears the Feds comments have shifted how traders/investors view precious metals. It is very likely this shift may prompt a very big upside price move. As traders suddenly...

BradMatheny

As soon as the US Fed shifted into rate increases - traders should have suddenly elevated their protection tactics. The Fed's objective is to beat inflation and remove the easy money mentality. In order to do that, they may have to break consumers, industry, global economics, and the general demand cycle for cars, homes, credit/debt, and more. What happens when...