{"id":140967,"date":"2019-02-01T14:14:17","date_gmt":"2019-02-01T19:14:17","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=140967"},"modified":"2019-02-01T14:14:17","modified_gmt":"2019-02-01T19:14:17","slug":"get-ready-for-the-next-big-upside-leg-in-metals-and-miners","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/02\/get-ready-for-the-next-big-upside-leg-in-metals-and-miners\/","title":{"rendered":"Get Ready For The Next Big Upside Leg In Metals and Miners"},"content":{"rendered":"
February 1, 2019<\/div>
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By TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n

We recently closed our GDXJ trade for a 10.5% total profit with our members.\u00a0 We are preparing for a lower price rotation over the next 45+ days that will allow us to plan for new long.\u00a0 Our research indicates the metals\/miners should enter a downside price rotation over the next 45+ days as the US stock markets continue to rally.\u00a0 Give this expectation, it is important to understand how we are timing this move for our members and attempting to take advantage of strategic trade deployment.<\/p>\n

With Gold recently breaking above $1300, many analysts have been calling for a continued breakout move to the upside as well as a massive market correction in the US stock market.\u00a0 We\u2019ve been calling for just the opposite to happen \u2013 a pause in the metals\/miners near this $1300~1320 level.<\/p>\n

If our analysis is correct, a renewed capital shift will continue to unfold over the next 30~45 days where foreign capital will move into the US stock market (including technology, financial, medical\/biotech, blue chips, mid-caps, and others) as global investors chase the safety and returns of the US Dollar and the US stock market.\u00a0 This process of deploying capital into the US stock market will relieve upside pressure in the metals\/miners for a brief period of time \u2013 resulting in a price pullback.\u00a0 Our expectations are that the GDXJ price will rotate back below $31 and likely target a support level near $30.50~30.65.\u00a0 This is near where we intend to look for new Long entry trades.<\/p>\n

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ADLC \u2013 Advanced Dynamic Price Cycle Projection<\/strong><\/h2>\n


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ADLC \u2013 Advanced Dynamic Learning Prediction Projection<\/strong><\/h2>\n

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Weekly Longer Term View of Projection<\/strong><\/h2>\n

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The opportunity of the next leg higher in the metals\/miners is exciting.\u00a0 Take a look at this Weekly GDXJ chart showing the upside price targets near $42 and $45.\u00a0 These represent a 37% to 47% upside price objective once this rotation completes as we expect.<\/p>\n

In short, if you want to gain access to our proprietary price modeling systems, a dedicated research team, daily video analysis, and help you find and execute better trades, then please visit TheTechnicalTraders.com<\/u><\/a><\/strong>.\u00a0 If you want to know how and when we are trading these markets to help our members, then consider becoming a member and enjoying all the benefits we offer our subscribers.\u00a0 This is going to be an incredible year for skilled traders who can move around and trade the hot pockets of stocks and commodities.<\/p>

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Free Reports:<\/p><\/div>\r\n

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<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

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<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

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Chris Vermeulen<\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

By TheTechnicalTraders.com We recently closed our GDXJ trade for a 10.5% total profit with our members.\u00a0 We are preparing for a lower price rotation over the next 45+ days that will allow us to plan for new long.\u00a0 Our research indicates the metals\/miners should enter a downside price rotation over the next 45+ days as […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-140967","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/140967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=140967"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/140967\/revisions"}],"predecessor-version":[{"id":140968,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/140967\/revisions\/140968"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=140967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=140967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=140967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}