Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

Invesco QQQ Trust Series 1 / Technical Analysis

<ul>
<li>Following panic selling that we have outlined over the past month, we finally saw panic buying last Friday in the form of 92% upside volume on the NYSE.</li>
<li>There is hope that this panic buying could signal a major bottom, but we still need to see more confirmation before declaring that the low is in.</li>
<li>We are watching the Nasdaq 100 (QQQ) and the steep RS uptrends on Utilities (XLU) and Staples (XLP) for more confirmation that a major low is in place. Details below.</li>
</ul>


Following panic selling that we have outlined over the past month, we finally saw panic buying last Friday in the form of 92% upside volume on the NYSE.
There is hope that this panic buying could signal a major bottom, but we still need to see more confirmation before declaring that the low is in.
We are watching the Nasdaq 100 (QQQ) and the steep RS uptrends on Utilities (XLU) and Staples (XLP) for more confirmation that a major low is in place. Details below.


Panic Buying Achieved, Waiting for More Confirmation of a Bottom;Buying Staples & Auto Dealers/Parts

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

<ul>
<li>The US equity decline still lacks real capitulation/outflows/redemptions for a major low but the next leg down does offer a better tactical long entry point.</li>
<li>RSI near 25 is the ideal buy zone for the SPX (this week or into late May). The weekly cycle has yet to show a convincing bottom.</li>
<li>NDX 12,700 is rejection resistance to induce a slide closer to 11,000 higher degree support for a better tradable rally sequence. RTY bull near 1,650.</li>
</ul>


The US equity decline still lacks real capitulation/outflows/redemptions for a major low but the next leg down does offer a better tactical long entry point.
RSI near 25 is the ideal buy zone for the SPX (this week or into late May). The weekly cycle has yet to show a convincing bottom.
NDX 12,700 is rejection resistance to induce a slide closer to 11,000 higher degree support for a better tradable rally sequence. RTY bull near 1,650.


SPX 4,100 Barrier - Next Draw Down Sets up a Better Trade

Founder & Chief Market Strategist - SAV Markets, SAV Markets

Shyam Devani

Founder & Chief Market Strategist - SAV Markets

Provide Comprehensive Analysis & Commentary

SAV Markets

SAV Markets aims to provide comprehensive analysis & commentary on foreign exchange and asset markets. The approach is multi asset as markets are typically interlinked. Cause and effect are always at work, even if those effects take time to manifest. As nothing is permanent we strive to get ahead of the curve in an ever changing world.

Cross Asset Strategy

<ul>
<li>Factors that typically impact Gold have, on average, reached an extreme</li>
<li>They include the USD, Bitcoin, and US TIPS Yields which have all trended strongly up till now</li>
<li>Are we about to see at least a minor but notable turning point that provides a buy signal for Gold?</li>
</ul>


Factors that typically impact Gold have, on average, reached an extreme
They include the USD, Bitcoin, and US TIPS Yields which have all trended strongly up till now
Are we about to see at least a minor but notable turning point that provides a buy signal for Gold?


Gold's Building Blocks Giving a Buy Signal

Nasdaq-100 Stock Index / Technical Analysis

<ul>
<li>The Nasdaq 100 is approaching some supports around 12,200 which may hold on first attempt</li>
<li>However in the bigger picture they do not look particularly strong</li>
<li>Instead there is a danger that overall we continue to trend down towards the 11k area</li>
</ul>


The Nasdaq 100 is approaching some supports around 12,200 which may hold on first attempt
However in the bigger picture they do not look particularly strong
Instead there is a danger that overall we continue to trend down towards the 11k area


Crypto

<ul>
<li>Bitcoin has broken below the base of the bear flag indicating further losses ahead</li>
<li>Important medium term supports / pivots are in the 29k area which should be tested </li>
<li>A breach of them will open the way for the 22k area and also likely indicate losses in the stock markets</li>
</ul>


Bitcoin has broken below the base of the bear flag indicating further losses ahead
Important medium term supports / pivots are in the 29k area which should be tested 
A breach of them will open the way for the 22k area and also likely indicate losses in the stock markets


United States

The NASDAQ-100 Index is a modified capitalization-weighted index of the 100 largest and most active non-financial domestic and international issues listed on the NASDAQ. No security can have more than a 24% weighting. The index was developed with a base value of 125 as of February 1, 1985. Prior to December 21,1998 the Nasdaq 100 was a cap-weighted index.

Nasdaq-100 Stock Index (NDX INDEX)

Panic Buying Achieved, Waiting for More Confirmation of a Bottom;Buying Staples & Auto Dealers/Parts

We finally saw panic buying last Friday in the form of 92% upside volume on the NYSE. There is hope that this panic buying could signal that a...

Vermilion Research

SPX 4,100 Barrier - Next Draw Down Sets up a Better Trade

The US equity decline still lacks real capitulation/outflows/redemptions for a major low but the next leg down does offer a better tactical long...

Thomas Schroeder

Gold's Building Blocks Giving a Buy Signal

The components that seem to typically influence Gold - USD, XBT, US TIPS - are coming into an extreme. As a consequence we are seeing early signs...

Shyam Devani

Nasdaq 100 Bear Picture Refreshed

The weekly close on the Nasdaq 100 warns of further losses ahead. Interim supports are found in the 12,200 area though the overall picture...

Shyam Devani

Bitcoin Breaks Lower

The recent break on bitcoin should open the way for the year's lows again. Even further losses down to the 22k area over time are also seen as a...

Shyam Devani