The David Lin Report, Released on 8/5/24
Chris Vermeulen, Chief Market Strategist of TheTechnical Traders.com, discusses Monday’s market sell-off and what’s next.
0:00 – Market reaction
3:00 – Buy the dip?
7:42 – Stage 3 Topping Phase
12:47 – Trading psychology
18:41 – Bear market indicators
21:35 – Repeat of 2022?
24:53 – Recession fears
27:45 – Safe haven
31:05 – Emergency rate cut?
32:20 – Yen
Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic.