The S and P Five Hundred Daily Exchange Traded Fund chart displays my easy volume analysis throughout corrections of the market.  Throughout early trend stages, pullbacks are easy and fast.  Yet, as trends mature one begins to observe corrections getting a lot more complicated.  We first observed the easy one wave corrections last year, then we observed a much deeper three wave correction, and that was adequate for shaking the most average retail establishments out of the market prior to going higher, and currently it seems like we’re going into a complicated five wave correction that should be adequate for shaking the market once again.

It is vital to observe that the longer a trend lasts, the bigger the shakeouts and corrections have to be to get everybody out.  From what I’ve read and seen all over the web, the circumstances aren’t good.  I believe that this is great.  One more leg down should be adequate for shaking everybody prior to observing a decent ten to twenty percent rally.  As soon as we observe this bounce we may once again analyze the markets to find out if we’re headed back up to test this year’s highs, or if it is merely a rally for a bear market.  All in all, it doesn’t matter if we play the short and long sides of the market.

The Gold ETF is trading the way we thought it would.  We were able to cash in on the recent upswing in prce and are now waiting to buy it again when the price is more favorable.  

Over the course of the last two months the Crude oil Fund (USO) has been struggling to stay at it’s resistance level.  By looking at the chart below you can see that this fund could either go up or down depending on what happens next in the world.  I would perfer that you don’t get into coin flip trades, and would perfer something with more upside.  In the end I would bet that oil will continue to slide as the value of the dollar continues to increase. 

Mid-Week ETF Trading Conclusion:

Briefly, the wide market’s in a downturn whilst selling volume keeps rising.  All over the globe, investors keep accumulating and the United States dollar as they continue to be the safety net for right now.  In addition, oil’s in a downturn and trading at a resistance, meaning we must observe lower prices for oil and oil businesses and this will have a hefty weight on the equities market.

When there are economic bad times, having cash is very important.  It brings peace of mind to have cash in hand with the option of trading in the market when you have low risk, high probability trades as demonstrated on the charts.

If you would like to get my trading analysis and trading alerts check out my services at:www.FuturesTradingSignals.com and www.TheGoldAndOilGuy.com

Chris Vermeulen

For gold and SP500 traders it has been an extremely action packed week thus far, as we exploit the collective behavior of the masses. I opt to avoid trading against the masses because it is more often a great way to lose money.

I used a video this week because it saves time and lets me give you even more information. The film depicts a minimal risk golf and SP500 trading system that should be an eye-opener.

While investors panicked.we took a long position in gold. When traded correctly, sentiment readings and my own special blend of technical analysis to find these low risk setups which pack a powerful punch, using market internals.

The diagram shown below illustrates gold from its bull market last year in 2009 all the way up to the current situation, which happens to be yielding considerable profit for all of us. Whilst I’m bullish about gold, and believe that in time, it will get fourteen hundred per ounce, I believe that there will be many more chances for cashing in on the price of gold as the rally matures, and I’ll tell you more about it in the following film.

Low Risk Setups for Trading-S&P500 and Gold
View Video by clicking here: http://www.futurestradingsignals.com/trading-education/gold-and-es-futures-trading-video/

Mid-Week Low Risk SP500 & Gold Trading Conclusion:

It’s my hope that you liked the film since I gave you a few vital trading tools for to assist with trading in extreme market conditions. I have a friend who works with ActiveTradingPartners.com and as he says “Buy When They Cry” and “Sell When They Yell.”  This is the procedure that needs to be utilized in order to profit from the market on a consistent monthly basis.