FAQ’s about our
Market Forecasting System
Q: What market trends will you be forecasting?
A: We will forecast various indices including the TSX, SP 500, Dow, Russell 2000 Index, Gold, Oil, and various Sectors like The HUI index and others.
Q: What is the advantage to subscribing to TMTF?
A: We believe the advantage is adding extra value to other trading based subscriptions or online services you may subscribe to. Our methodology is historically very accurate at short, intermediate, and long-term market forecasts. TMTF is a great compliment to your investment planning strategies
Q: What methodology do you employ in your forecasting?
A: Our Chief Investment Strategist, has built a multi-year track record using Elliott Wave theory as the backdrop, along with Fibonacci retracement patterns and other proprietary technical indicators mixed in. He believes markets move largely based on sentiment and behavioral patterns first, and the headlines only serve to explain the moves afterward. He has a published track record of predicting market bottoms and tops accurately, as well as forecasting Gold, The HUI Index, and other sectors very accurately.
Q: What are your credentials pertaining to market forecasting and identifying market trends? ?
A: Chris and John have written articles for Kitco.com, 321Gold.com, TheAuReport.Com, Stockhouse.com, TheStreet.Com and numerous other websites. Mr. Vermeulen was a very successful investor and businessman having started with his own line of health products and building dealer network across the United States and Canada, he sold the business to focused his time and capital towards the financial markets. As a trader and investor since 1997, Mr. Vermeulen is also the Chief Investment Strategist for and ETF trading newsletter Wealth Building Newsletter at www.TheTechnicalTraders.com
Q: How often will you communicate with a subscriber about market trends forecasts?
A: TMTF expects to have 1-2 updates each week on various indices, sectors, and commodities. You will receive an E-mail alert with a link to the members-only website where we put out a new forecast or commentary. We will also comment intra-day during extremely volatile periods in the markets or various sectors and commodities. In short, you will be well informed at all times.
Q: Where can I read some of your past market trends forecasts and learn about your track record in market forecasting?
A: John and Chris regularly publish educational analysis on several financial outlets like this one: ARCHIVED ARTICLES . In addition, you may review all the testimonials for his other site at READ TESTIMONIALS
Q: What are some sample market trend forecasts you have made in the past?
A: On February 25, 2009, We wrote a long article forecasting a bull market was about to start and nobody knew it. We outline our reasonings when nearly every “expert” in the market was decidedly bearish. 12 days later the market bottoms and turned up for 10 months.
In early August 2009, We forecasted a huge bull leg in Gold and Gold stocks. The HUI index rallied north of 50% in the next 4 months and Gold rose from 900 to $1220 an ounce.
In November of 2009 with the market correcting hard, we forecast that the Bull was not over yet. The market bottomed and rallied strongly into mid-January 2010.
On January 18th, 2010, we forecast that all of the requirements for a “Market Top” had been met. The market topped the following day and then the Dow dropped over 800 points in a few weeks.
Q: How much will this subscription for market forecasting cost?
A: Our exclusive Wealth Building Newsletter service is only $649 per year and we wanted to make a market forecast service more affordable for a larger audience. We think you will be very impressed with the results and the subscription will pay for itself many times over during the year.
If you have any questions that were not answered please send me an email Chris(at)TheTechnicalTraders.com and we will get back generally within hours
Q: What Is Elliott Wave Theory?
A: The Elliott Wave Theory or Principle is a detailed description of how groups of people behave. There are common patterns of mass psychology swings from pessimism to optimism and back in a natural sequence. These are repeated throughout history no matter what type of market or economy we may be in. The financial markets are one of the best places to trace Elliott Wave patterns and benefit and profit from it when correctly forecasted. The theory is based on Ralph Nelson Elliott who studied human behavior in the 1920’s and 1930’s and it later came to be called Elliott Wave Theory.
Q: How does Elliott Wave Analysis or Forecasting work?
A: Elliott wave analysis involves deciphering the crowd behavioral or psychological orientation of the investment crowd through the wave patterns evolving in various stock markets. We use a combination of traditional technical analysis indicators combined with media and sentiment patterns, along with Elliott Wave chart patterns to identify what stage we may be in for Gold, the SP 500, and even individual stocks and ETF’s.
Q: Is there only one way to use Elliott Wave Analysis?
A: No, in fact, you can often get very opposing views from various Elliotticians on the status of the market and the wave patterns. We pride ourselves in thinking a bit outside the box of most Elliott Wave Forecasters and pinpointing key turn points in the markets and precious metals before they become obvious.
Q: Is Elliott Wave Theory accurate?
A: It depends on the Elliott Wave Analyst and how proficient they may be in assessing the wave patterns. For sure, it requires constant assessment, forecasting, and adjustment in advance of major moves. We think this is where we stand out from the crowd.
Q: Can you apply Elliott Wave analysis to stocks or sectors?
A: Most definitely yes you can. They tend to work best when an individual stock or sector or ETF has enough volume and human participation. Thinly traded stocks are more difficult to project Elliott Wave forecasts on due to lack of enough participants. However, precious metals, stock index’s, major sector ETF’s and thousands of individual stocks can be good candidates for Elliott Wave analysis.