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Main Market Topping Alerts, Sector Rotation, and Gold’s 2011 Setup – Are We Close to a Turning Level? » TheTechnicalTraders

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On this dialog with Vladyslav Grabarskyy on Wealth Constructing Blueprint, I stroll by what I’m seeing throughout equities, commodities, and crypto from a technical perspective. The S&P 500 stays in a longer-term uptrend, however momentum is fading, the Nasdaq has been carving decrease highs and decrease lows, and a number of other of the MAG7 names are starting to lose management. When market generals begin to weaken, it usually indicators distribution beneath the floor. I additionally define draw back targets and focus on why 2026 has the potential to turn out to be a misplaced 12 months, and even the early section of a broader reset cycle, if present topping constructions proceed to develop.

We additionally dig into gold and silver, evaluating immediately’s construction to the 2011 cycle peak, and what’s totally different this time. Mining shares are exhibiting relative resilience, whereas copper is flashing potential topping habits. I share my technical outlook on oil, pure gasoline, uranium, and Bitcoin, highlighting key ranges and development constructions that would outline the following main transfer. The broader theme is straightforward: markets transfer in cycles, and understanding the place we’re inside that cycle helps traders keep goal as an alternative of emotional when volatility will increase.

Recorded February 23, 2026

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The matters Vladyslav and I mentioned embrace:

  • 00:00 – Introduction
  • 00:49 – Inventory Market: Topping Indicators & Why the Market Might Be Breaking Down
  • 02:12 – Draw back Targets (Brief-Time period & Lengthy-Time period) / MAG7 Breaks Important Help
  • 05:12 – Inventory Market Cycles: Will 2026 Be a Misplaced 12 months For Features?
  • 06:30 – A Misplaced Decade Forward for Shares?
  • 10:14 – Gold & Silver: Nonetheless Bullish — However With a Caveat
  • 15:00 – Mining Shares: Exhibiting Extra Resilience Than Silver
  • 17:00 – Vitality: Oil & Pure Gasoline — Lengthy-Time period & Brief-Time period Outlook and Key Ranges
  • 20:55 – (Should Watch) Gold & Silver: What’s Totally different This Time vs. 2011
  • 24:10 – Uranium
  • 25:19 – Silver Chart & Commodities Following a Related Sample
  • 26:25 – Copper: A Topping Formation Growing?
  • 28:13 – Bitcoin: Extra Ache Forward? Key Ranges to Watch
  • 30:40 – (Should Watch) A Main Purple Flag for the Inventory Market: Cash Rotating Into Defensive Sectors

Chris Vermeulen
Chief Funding Officer
TheTechnicalTraders.com

MY FREE INDICATORS IN MY BOOKS

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