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 and Quantitative Research

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical Analysis

VanEck Gold Miners ETF/USA / Technical Analysis

<ul>
<li>Large-Cap indexes are approaching critical support levels, including 4257 on the S&amp;P 500, $334 on the Nasdaq 100 (QQQ), and 33,250 on the DJIA. These are our "lines-in-the-sand" moving forward.</li>
<li>We expect for supports to hold, but breakdowns below these levels would not be surprising and would likely mean an additional 8-15% downside based on measured moves.</li>
<li>Charts Highlighted: S&amp;P 500, QQQ, DJIA, Bitcoin, XLP, XLU, IWM, IJR, BKNG, EXPE, SABR, DESP, NEM, GOLD, FNV, AEM, RGLD, GFI, SBSW, and AU.</li>
</ul>


Large-Cap indexes are approaching critical support levels, including 4257 on the S&amp;P 500, $334 on the Nasdaq 100 (QQQ), and 33,250 on the DJIA. These are our "lines-in-the-sand" moving forward.
We expect for supports to hold, but breakdowns below these levels would not be surprising and would likely mean an additional 8-15% downside based on measured moves.
Charts Highlighted: S&amp;P 500, QQQ, DJIA, Bitcoin, XLP, XLU, IWM, IJR, BKNG, EXPE, SABR, DESP, NEM, GOLD, FNV, AEM, RGLD, GFI, SBSW, and AU.


Dow Jones Industrial Average (INDU INDEX)

Consumer Staples Select Sector SPDR Fund (XLP US)

VanEck Vectors Junior Gold Miners ETF (GDXJ US)

S&P 500, Nasdaq 100, DJIA Testing Support; Buying Gold Miners and Online Travel