BradMatheny

BradMatheny

The current ES price rotation indicates further downside price risk is evident in the markets. Pay attention if you are long any of the majors or tech firms. This could be the start of a 5~8% price decline. Visit my web site to learn how I can help you stay ahead of these market moves.

BradMatheny

The ES (S&P) has broken a recent price channel and is likely headed at least 2.5% lower based on my analysis. If you have been following my research, I have been suggesting the markets were setting up for a price rollover/rotation for the past 7+ days. Yes, I was a bit early in my analysis, but this is very important. Being a week or two ahead of the move, and...

BradMatheny

A little over a week ago I warned that the US Equities markets were setting up for a 5~8% pullback and that my custom indicators highlighted the potential that a weakened price rally would end in a potentially violent price decline. The last 4+ trading days have further highlighted my research that the price rally in the US Indicies was very weak and inefficient....

BradMatheny

Pay attention traders, the US equities market and the US Indicies are setting up for a much deeper correction than many people are expecting. A few weeks ago I warned that a 2.5~3% correction was setting up in the markets. The markets immediately turned lower and fell about 2.25% before bottoming out. Today, my custom indicators are warning that we could be...

BradMatheny

Do you follow the metals? Want to see a classic double bottom formation setting up for what I believe will be a "Rip your face off" rally? Here it is. I use quite a bit of custom index features to track the major markets because I believe these provide a clearer perspective of the markets than following individual symbols. I find the data to be key to making...

BradMatheny

Gold pulled back to a perfect 0.25% retracement level to complete Wave B. This new low should act as a key low price level completing a Wave B pullback. At this point, longs should begin to take control drive prices much higher - forming a new Wave C (typically the longest price wave). Get ready, this will likely be paired with some "crisis event" news from the...

BradMatheny

China/Asia break support and head lower as the debt contagion continues to spread in SE Asia. Watch how this debt/credit issue expands across SE Asia, South America and across the One Road project countries. My assumption is that China is using every resource possible to prevent this type of contagion event from happening now with it having "fingers in every...

BradMatheny

Get ready. I believe the price of Bitcoin will breakdown even further over the next few weeks and possibly attempt to test the $5400 level (or lower) before finding any real support. At this point, any further price decline will rock the crypto community's sense of stability and "belief" in these tokens. There appears to be very little upside opportunity after...

BradMatheny

Bitcoin has followed my analysis almost perfectly. After rallying higher and rotating lower recently, the breakdown in price has fallen back into my Tesla arc analysis and appears to be basing near $6k before breaking lower. Don't expect another upside move till levels below $5900 are tested for support. Yes, another short term rally will happen, but it appears...

BradMatheny

Once crude oil breaks $65 ppb, watch out below. A very quick move to near of below $58 could happen pushing longs to cover. Be prepared for this move and watch for a breakdown in price as a key trigger. My assumption is this will happen before the end of August.

BradMatheny

Get ready for it. I might be 2~5 days early, but I don't think so. Get ready for a 2.5~3% pullback in the markets and get ready for the VIX to shoot higher over the next few weeks. Support exists in the market that will hold for another leg higher - but this is likely a top setup that is about to exhaust itself and collapse about 3% (targeting support) before...

BradMatheny

My custom China/Asia index shows, very clearly, the support near 7200 is critical at this time. The continued weakness originating out of China and the efforts to contain the current rout as well as contain an economic crisis are clearly generating concern throughout the globe. China has it's fingers in many other global nations. A collapse in China would...

BradMatheny

Expect the SPY and major US indexes to rotate a bit before starting another leg higher towards the end of August. The momentum is certain bullish at this point and earnings continue to drive higher expectations for the general market. My analysis suggests a bit of rotation could come over the next 5+ days as these new highs are created by the moderate push...

BradMatheny

This custom Market Cap Index is something I used to gauge market conditions and capability with regards to trends, peaks, bottoms and more. You can see that is ranges price volatility quite well and allows me to see what the market is capable of doing over the next few weeks and months. Right now, the US stock markets have quite a bit of upside price range to...

BradMatheny

The recent breakup of Bitcoin may have elated some traders with signs of new life in a very tired downtrend. Yet, my analysis shows this might be a false move prompted by all of the Bitcoin Bulls that were waiting for any new fresh signs "the patient is still alive". After a fairly mild rally, a new price peak was established in line with my time/price cycle...

BradMatheny

Even with the strength of the US Dollar, Gold is attempting to hold above 1217 which coincides with a key Fibonacci level on the chart. I know my charts seem cluttered, but this is a lot of Fibonacci, Time/price cycles, Tesla Vibrational theory and other analysis tools on one chart. Pay attention to the 1217 level right now because I believe this will play out...

BradMatheny

US Equities markets are finding support with relatively strong Q2 earnings. This SPY chart shows what I believe is the critical support zone. Watch for capital to migrate away from certain growth sectors and into more value/dividend sectors as capital is searching for a safe location to avoid contagion issues arising from global debt/credit concerns. Expect the...

BradMatheny

FANGs and technology companies could see an additional 20~30% drop as the inflated pressures of pricing expectations deflate. Technology, much like the 1999 DOT COM bubble, have been inflated over the past 2+ as foreign capital capital has rushed into the US market for safety and security. This recent rotation could be the beginning of a deeper price rotation in...