{"id":96346,"date":"2020-01-07T04:25:39","date_gmt":"2020-01-07T12:25:39","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=96346"},"modified":"2020-12-26T05:17:25","modified_gmt":"2020-12-26T13:17:25","slug":"what-to-expect-2020-video-report","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/what-to-expect-2020-video-report\/","title":{"rendered":"Market analysis video report for 2020"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market analysis on what to expect in 2020<\/h2>\n\n\n\n<div style=\"position:relative;height:0;padding-bottom:56.25%\"><iframe class=\"sproutvideo-player\" src=\"https:\/\/videos.sproutvideo.com\/embed\/1c9fddb71011efc494\/02eb584fbbaffaa5?bigPlayButton=false&amp;emailTopText=Enter%20your%20email%20address%20to%20view%20this%20video.\" style=\"position:absolute;width:100%;height:100%;left:0;top:0\" frameborder=\"0\" allowfullscreen=\"\"><\/iframe><\/div>\n\n\n\n<p><em>Video duration 50min 41sec. <\/em><\/p>\n\n\n\n<p>Al Brooks presents an in-depth market analysis video for six important markets: Emini S&amp;P 500, Bonds, EURUSD Forex, Crude Oil, Gold and Bitcoin.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Video topics timing<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><\/td><td>00:00<\/td><td>Introduction<\/td><\/tr><tr><td><\/td><td>01:46<\/td><td>Emini S&amp;P 500<\/td><\/tr><tr><td><\/td><td>22:35<\/td><td>Bonds<\/td><\/tr><tr><td><\/td><td>30:48<\/td><td>EURUSD Forex<\/td><\/tr><tr><td><\/td><td>36:00<\/td><td>Crude Oil<\/td><\/tr><tr><td><\/td><td>38:50<\/td><td>Gold<\/td><\/tr><tr><td><\/td><td>40:40<\/td><td>Bitcoin<\/td><\/tr><tr><td><\/td><td>48:05<\/td><td>Closing review<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Video transcript<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Introduction<\/h3>\n\n\n\n<p>Hi, everyone. I\u2019m Al Brooks. I want to spend some time today talking about some monthly charts of important markets, the Emini, bonds, euro versus the dollar Forex market, gold, crude oil, and Bitcoin. This is the start of a new decade as well as the start of a new year, and there are some I think pretty interesting things going on, and they I think will affect more than just the next few months. They\u2019ll impact what\u2019s going on over the next year. I think there will be some major changes taking place in the financial markets.<\/p>\n\n\n\n<p>In short, I think that the past decade has been incredibly strong, and\nit\u2019s like the \u201960s, and it\u2019s also like the 1990s. But both of those strong bull\ntrends were followed by Trading Ranges that\nlasted about 10 years, and the Trading Ranges\nhad very deep pullbacks \u2013 40%, 50%, 60% pullbacks. And I think that is what\nwe\u2019re going to be getting over the next decade. It might not happen right away;\nit probably will not. But at some point in the next 3 years, I think we\u2019re\ngoing to enter a very big Trading Range and\nit\u2019s going to last a long time.<\/p>\n\n\n\n<p>The market has had an incredible Buy Climax.\nIt had one that ended in 2017. We then entered a Trading\nRange for a couple of years. Now the bull trend is resuming. However, I\nthink what will happen will be similar to what took place in the \u201970s and after\n2000, 10 years of Trading Range trading. So\nI\u2019ll begin the PowerPoint right now.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Emini S&amp;P 500<\/h3>\n\n\n\n<p>This is a yearly chart of the Emini, and you rarely ever get to see a\nyearly chart. And by yearly chart, what I mean is every bar is 1 year. So this\nis 1 year, this is another year, this is the past 10 years, and this bar is\nwhat took place in 2019. And what do you notice? You see a surge and then a\npause. Another surge and a pause. Another breakout and another pause, and then\nanother breakout.<\/p>\n\n\n\n<p>But look at this breakout bar compared to the other bars. It\u2019s the\nstrongest breakout bar that we\u2019ve had in a 10 year bull trend, and whenever you\nget the strongest bull trend bar late in a bull trend, it tends to attract\nprofit-takers. The bulls look at that and say, \u201cWell, I knew it was going to be\na bull trend, and at some point I knew I\u2019d have to take profits, but this is a\ngreat opportunity to take profits at a very high price. Chances are it\u2019s not\ngoing to go up all that far from here. If it goes down, I can buy back at a\nlower price.\u201d<\/p>\n\n\n\n<p>What typically happens after a breakout is you get something that\u2019s neutral. We had a 2-bar breakout and then a doji bar, a 3-bar breakout and a doji bar, a 2-bar breakout and a bear bar. And now we have a very big bull bar, and it covered about as many points as the 2-bar breakout here and the 3-bar breakout here. Chances are next year is not going to be a big year. It\u2019ll be some kind of a pause bar.<\/p>\n\n\n\n<p>A pause bar can be simply a smaller body, or it can be a doji bar, or\nit can be a bear bar, and if you get a bear bar, especially one closing near\nits low, then traders will look at this as possibly a Parabolic\nWedge Buy Climax on the yearly chart.\nIf you have three or more pushes up in a very Tight\nBull Channel, that is a Parabolic Wedge\nBuy Climax, and it usually attracts\nprofit-takers.<\/p>\n\n\n\n<p>When the bulls take profits, they\u2019re not going to look to buy again 1\nbar later. They typically wait for several bars. If it were a 5-minute chart or\na daily chart, you would expect the market to go sideways to down for 10 bars.\nOn a yearly chart like this, I don\u2019t know that it will pull back for 5 or 10\nbars. In fact, I don\u2019t think it will pull back for 5 to 10 bars on the first\nreversal down. It may go sideways for a little bit. But at some point, I do\nthink we\u2019re going to get a pullback, and I do think it will be 5 or 10 bars.<\/p>\n\n\n\n<p>Look at this in 2000. Took place in 2000. We had a very, very strong\nrally, a Buy Climax. It attracted\nprofit-takers, and profit-takers usually want to give the bears two\nopportunities to take control before the bulls buy again. The bears tried to\nturn it down here, the bulls bought, and they started to get small bars. Not\nenough buying. They took profits again. The bears had a second opportunity to\nturn the market down. They had a Double Top,\nit broke below the neckline, but it reversed up.<\/p>\n\n\n\n<p>This is where the bulls will buy again. They\u2019ll give the bears two\nchances to reverse the trend. If the bears fail twice, then these bulls will\nbuy again, especially if there\u2019s a good-looking bull bar.<\/p>\n\n\n\n<p>I think this is what the next 10 years will be. I think we\u2019re going to\ngo sideways. We may get two pushes down, we may get a Spike\nand Channel type pattern where it goes down and then a second leg and a\nthird leg down. But this is what the next 10 years will be. I don\u2019t know if\nit\u2019ll begin in 2020. We may go up for another bar or two before it begins. But\nI think at some point in the next 3 years, we\u2019re going to do this.<\/p>\n\n\n\n<p>You can say, \u201cOh, no big deal.\u201d It\u2019s a High 2 bull flag. Two legs down, one, pullback, two. Well, but you don\u2019t see the prices all that clearly here, but this retraced about 50% of the entire stock market\u2019s price, and this retraced 60%. And this is not a log chart, so it\u2019s hard to see what 50% would be, but we\u2019re right now around 3200. A 50% retracement would be 1600, around these highs, a pullback to the breakout point above this Double Top.<\/p>\n\n\n\n<p>Also, I would expect at least two or more legs sideways to down. So at\nsome point over the next 10 years, I do expect a very big Trading Range. I expect at least a couple legs down,\nand I expect the Trading Range to last about\n10 bars. A yearly chart is 10 years.<\/p>\n\n\n\n<p>When you do get a reversal from a Parabolic Wedge\nBuy Climax or from any kind of a Buy Climax, the first target is the low of the most\nrecent Buy Climax, and the low of the most\nrecent Buy Climax is the low of this year. So\nthat would be the first target. That\u2019s true even if we go up for another bar or\ntwo before we come down. That would be the first target, and then you start to\nlook for other targets \u2013 maybe this low, maybe this breakout point.<\/p>\n\n\n\n<p>So what I\u2019m saying is over the next 10 years, I think we will get at\nleast two pullbacks that are much bigger than what traders have seen over the\npast 10 years, and that means at least 30%. So I\u2019m guessing we\u2019ll get at least\ntwo pullbacks that are between 30% and 60%.<\/p>\n\n\n\n<p>You can\u2019t see this back here all that clearly. There was a big rally in\nthe \u201960s, and then in the \u201970s the market went sideways. You can see there\u2019s a Tight Trading Range here in the 1970s. It lasted\nabout 10 years. Very strong rally in the \u201950s and \u201960s, and then a 10-year Trading Range, and the Trading\nRange had two or three legs that fell 30% to 50%. Another example,\nright? So the market rallied strongly in the 1950s and the 1960s, and then\nsideways for 10 years with two or more legs, and pullbacks 30% to 50%.<\/p>\n\n\n\n<p>Another example here. We rallied strongly for 10, 15, 20 years, and\nthen 10 bars \u2013 about 10 bars \u2013 two legs sideways to down, with pullbacks of 50%\nor so. Here we have another big rally, and chances are we\u2019ll do like what we\ndid in the \u201970s. Sideways after a big bull trend. We\u2019ll do like we did at 2000.\nSideways after a big bull trend. Now we have a big bull trend, and we\u2019re\nprobably going to go sideways. The market is not going to continue to do this.\nThis is extreme behavior. Extreme behavior is unsustainable. It will attract\nprofit-takers.<\/p>\n\n\n\n<p>This is an example of a 5-minute chart just to illustrate the point I\nwas making about a Parabolic Wedge. A good\nbull trend bar, a pause bar. A 2-bar rally, a pause bar. Another breakout, a\nsmaller bar, and then another breakout, and this is the biggest bar in the\nentire trend. It\u2019s breaking above the top of the channel, and this is what\nfollowed. I am expecting that. Here, we were sideways for 60-70 bars. I\u2019m not\nexpecting that, but I am expecting sideways to down for about 10 bars, so for\nabout a decade.<\/p>\n\n\n\n<p>I want to say one other thing about these climax bars. When you get a\nbig bull bar late in a bull trend like that, you have to think about what to\nexpect on the following bar. I just showed a chart of the yearly chart, where\nevery bar was 1 year. One thing that\u2019s possible is after a big bull bar, you\ncan get another bull bar. After a big bull bar, you can get a bear bar. After a\nbig bull bar, you can get a small bar. Chances are the current year, 2020, will\nnot be a big bull trend bar on the yearly chart. It probably will be something\nneutral.<\/p>\n\n\n\n<p>One type of neutral bar is a doji bar, where the close is around the\nopen. If this were the yearly chart that I just showed, this would be 2019, and\nthen now, will the current year be a big bear bar? Will it be a doji bar? Will\nit go above this year\u2019s high and reverse down? I don\u2019t know, but I suspect that\nearly in the year, we will have a hard time going much above last year\u2019s high.\nTraders will wonder if we\u2019ll totally reverse last year.<\/p>\n\n\n\n<p>Whenever you get a big bull bar late in a bull trend, there are\nprofit-takers, and sometimes you get an immediate reversal. Sometimes you\u2019ll go\nup and then get a reversal, a sell signal bar. Other times you\u2019ll go up and\ndown and go sideways. So I\u2019m expecting either an attempt at a big selloff or an\nattempt at a rally, but the rally will probably not go far early in the year.\nSo if we do go above the 2019 high, it probably will not go very far above\nbefore it pulls back.<\/p>\n\n\n\n<p>Less likely this year will be some kind of big sell signal bar. So\neither a 2 bar reversal like this \u2013 up and then reversing down \u2013 or we\u2019ll go up\nand then reverse down. And again, as I say, I\u2019m expecting sometime in the next\n3 years the market to evolve into a Trading Range\nwhere there is at least a couple legs with 30% to 50% pullbacks.<\/p>\n\n\n\n<p>Well, in fact I do have a yearly chart of the stock market, the 1920s\nup to the 1980s, and it illustrates the point that I\u2019ve been making. We had a\nstrong rally that lasted a lot of years, and then it transitioned into a Trading Range. Trading\nRange in a bull trend, bull flag, and ultimately there was bull trend\nresumption. However, during that Trading Range,\nI think there are things to be learned here. There were several legs down, and\nthe selloffs were between 30% and 50%. And that went on for more than 10 years,\nand that\u2019s what I expect will be happening over the next 10 years, probably\nbeginning within the next few years.<\/p>\n\n\n\n<p>I think this is an important point that you have to consider. Let\u2019s say\na stock is trading at 100 and it loses 50% and it sells off down to 50, and\nthen the market enters a Trading Range and it\ngoes back up to 100. When it went from 100 to 50, it lost 50%. When it went\nfrom 50 back up to 100, it gained 100%, and therefore over the next 10 years,\nif we do in fact enter a Trading Range,\ntraders will look to buy every time the market gets down 30% to 50%. If the\nmarket then goes back up to the high, the rally will be 60% to 100%. So they\u2019ll\nlook to buy 30% to 50% selloffs, and they\u2019ll look to take profits on rallies of\n50% to 100%.<\/p>\n\n\n\n<p>This is the monthly chart. Here\u2019s the bull trend. Began 10 years ago.\nYou can argue that the channel began here, before the bull trend actually\nbecame clear. A lot of times that happens. The market transitions from a Trading Range and the bull trend begins before the Trading Range or the bear trend ends. So to me, the\nbull trend began here, but the bull channel began here. You can see we\u2019re\nbreaking above the top of the bull channel. Typically, if you break above the\ntop of the bull channel, there\u2019s a 75% chance that you will get a failed\nbreakout, a reversal down within about 5 bars.<\/p>\n\n\n\n<p>5 bars on the monthly chart is 5 months. The percentage is less than\n75% here because of the spacing. Here\u2019s 0.1 and here\u2019s 0.2, a lot of space\nbetween those two, and here\u2019s 0.2 and 0.3. Not much space. When the spacing is\nnot very symmetrical, when there\u2019s a very big number of bars between 1 and 2\ncompared to between 2 and 3, fewer traders or fewer computers pay attention to\nthe channel. They think it\u2019s a less reliable channel, and therefore the\nprobability of a failure and a reversal down within 5 bars is less. However,\nit\u2019s still I think better than 50%. There\u2019s a 60% chance that at some point in\nthe next 5 months, we\u2019ll try to reverse back down.<\/p>\n\n\n\n<p>When you break above a channel and reverse, the first target is a test\nback to the middle of the channel. In this case, it would be around the 20-month\nMoving Average, so that would be the first\ntarget if we were to get a reversal. And if it did not find support at the\nmiddle of the channel, it would next try to get down to the bottom of the\nchannel. If it did not find support at the bottom of the channel, then the\nbulls would look for support around the bottom of the most recent leg up, which\nwould be the 2018 low.<\/p>\n\n\n\n<p>Can we go from 4 consecutive bull bars to a reversal? It\u2019s possible,\nbut not likely. Normally, if you have a very strong trend like this and you get\na reversal, it\u2019ll be a pullback for a few bars, and the first reversal down\nwill not be successful. So yes, we might get a sharp reversal in the next month\nor two. I don\u2019t think we will, but if we did, it probably would not be the\nfinal high. We probably would need at least some kind of a Double Top or a Micro\nDouble Top before we get back down to the\nbottom of the channel.<\/p>\n\n\n\n<p>This is a weekly chart, and there\u2019s another channel here as well. This\nchannel began a little bit more than about 4 months ago. Three pushes up \u2013 one,\npullback, two, pullback, three. We\u2019re breaking above the channel. We tried to\nreverse down below last week\u2019s low. When a bull trend looks like this, usually\nyou\u2019re not going to get a major reversal down, and when a channel is tight like\nthis, your goal is the bottom of the channel, and that\u2019s not very far down. So\nI don\u2019t think this is a major top. I would not be surprised if we go above last\nweek\u2019s high and form an outside up bar.<\/p>\n\n\n\n<p>But I do think we\u2019re probably not going very far up in the next few\nweeks, and there are several reasons for that. One is we\u2019re at the top of a Wedge channel. Two, we had a 9-bar bull Micro Channel here and then a big doji for the High\n1 buy signal. A big doji means the market sold off pretty sharply, and\ntherefore the bears are willing to be aggressive. If the trend resumes, traders\nare aware that the market sold off here pretty strongly. There\u2019s a higher\nchance of another attempt to reverse down.<\/p>\n\n\n\n<p>When the channel looks like this and we have no bear bars in about 5 or\n6 weeks, chances are this reversal is not going to lead to a significant\nreversal down. The bears will probably need some kind of a Micro Double Top or\na second sell.<\/p>\n\n\n\n<p>So let\u2019s say this week \u2013 today is New Year\u2019s Day. Let\u2019s say this week\non Friday, it goes outside up. The next week might become an inside bar, and\nthen we\u2019ll have an ioi (inside, outside, inside) bar. That would be a second\nsell signal. Last week is the first sell signal bar, a bull body, not very\ngood, and then if we have an inside bar next week, that would be a second sell\nsignal bar. The bears would have a better chance of a pullback, maybe to the\nbottom of the channel, maybe to the breakout point above this high.<\/p>\n\n\n\n<p>Unlikely to get a big reversal down when a bull trend looks like this\nwithout going sideways for several bars first. So pretty Tight Bull Channel, had to go sideways for 5 weeks\nor so before the bears could get a big reversal down. Pretty good rally, had to\ngo sideways for several weeks, Micro Double Top \u2013 up, down, up, and then down. So not a\nlot of downside on the weekly chart. At least, it does not look like it right\nnow.<\/p>\n\n\n\n<p>Daily chart, we\u2019re at the top of another channel. Different ways to\ndraw it, but this is a reasonable way to draw it. The channel began in October,\nand we also have a smaller channel here with three pushes up \u2013 one, two, three\n\u2013 so there\u2019s a small Parabolic Wedge. You\u2019d\nexpect a couple legs sideways to down. We have one and we have a pullback. The\nbulls are hoping for a High 1 bull flag and a resumption of the bull trend.<\/p>\n\n\n\n<p>Very strong bull trend. Look at the pullbacks. 1-bar pullback, resumed up. 1-bar pullback, 1-bar pullback, 1-bar pullback. 2-bar pullback, 1-bar, 1-bar, right? So traders have been buying any time \u2013 even here. We fell 3 bars, but they bought aggressively. You have to assume the bulls will be buying this as well. So if we do get down to the bottom of the channel, we may have to go sideways and get some kind of a Double Top. So down, up, and then down. The Double Top, it could be a slightly Lower High, it could be a perfect Double Top, it could be a Higher High. However, we\u2019re at the top of the channel, so you\u2019ve got to be thinking about a reversal. We have a small Parabolic Wedge, so you\u2019ve got to be thinking about a reversal as well.<\/p>\n\n\n\n<p>So will we get a slightly Higher High Double Top? I think that we probably will because\nthe bulls will be determined to carry forward the strong rally that we had in\n2019. They want to get above last year\u2019s high. Last year\u2019s high was also last\nweek\u2019s high. It\u2019s this high right here. That\u2019s the all-time high, and it\u2019s the\nhigh of 2019.<\/p>\n\n\n\n<p>The bulls are hoping to convince traders that 2020 will be equally\nstrong. It\u2019s not going to be. However, they\u2019ve been buying aggressively for 10\nyears. They\u2019ve been buying aggressively on the daily chart for several months.\nThey probably will be able to get above last week\u2019s high, which was last year\u2019s\nhigh. So it\u2019s the all-time high. So I do think we\u2019ll probably get above last\nyear\u2019s high, but I suspect we\u2019re not going to get much above before we have a\npullback for a couple of weeks. This is also at the big round number, 3250. The\nhigh right now is 3251, 1 point above the big round number.<\/p>\n\n\n\n<p>So, near term in the Emini. We may pull back for a couple weeks or we\nmay go sideways, maybe a little bit higher, and then pull back. But for the\nyear, I think it\u2019ll be a much more neutral year. As I said, it could be a doji\nbar where we rally, we sell off, we finish the year just around where we\nstarted. And then at some point in the next 3 years, possibly starting this\nyear, the Emini and the stock market will begin a 10-year Trading Range where the selloffs will be big \u2013 30%,\n40%, 50%, and we\u2019ll get at least two big selloffs like that. So I don\u2019t think\nthere\u2019s a lot of upside left. Maybe we\u2019ll get up to 3500 sometime this year,\nsometime in the next couple years, but I really don\u2019t think we\u2019re going to go\nmuch higher than that before we enter a 10-year Trading\nRange.<\/p>\n\n\n\n<p>Now remember, I said that if we do go into a 10-year Trading Range, we\u2019ll get 30% to 50% pullbacks, and\nthat means we could easily retrace this rally, and we could easily retrace all\nthe way down to last Christmas\u2019s low.<\/p>\n\n\n\n<p>I want to say one other point about that. Last Christmas, if you\nremember, the market crashed and reversed up on December 26<sup>th<\/sup>. This\nyear, the market is basically crashing up. This is December 27<sup>th<\/sup>.\nThe bears are hoping that we\u2019re going to reverse strongly down.<\/p>\n\n\n\n<p>The market often tries to do the same thing or the opposite of what it\ndid previously. It often does it around the same time. If I\u2019m talking about a\nweekly chart, it might do it a certain week and then a month later or 2 months\nlater, at the same date, it might try to do the same thing. On a 5-minute\nchart, if at 11:00 in the morning the market rallies strongly one day, it might\ntry to rally strongly the next day at 11:00. Or if it reverses down at 9:30 one\nday, it might try to reverse down at 9:30 the next day, or have an upside\nbreakout.<\/p>\n\n\n\n<p>I think it\u2019s unlikely that we\u2019re going to get a huge bull trend this\nyear, but you have to wonder if the bears will try to do the opposite of what\nthe bulls did last year. So last year, December 26<sup>th<\/sup>, we started a\nhuge rally. This year, December 27<sup>th<\/sup> is the start of a huge bear\ntrend. I don\u2019t think it is. I think we\u2019ll probably go sideways and then decide\nwhether to go up a little bit more and then sell off or begin to test down.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Bonds<\/h3>\n\n\n\n<p>Bond futures. I think bond futures are incredibly interesting. We\u2019ve been rallying for decades, and there are different ways to draw a Wedge Top. So about 10 years ago, 11 years ago, we had one, two, three, a big Wedge Top. Within that Wedge Top we had one, two, and three. We broke above that, and we have one, two, and three. We broke above that. And then we have a smaller Wedge \u2013 one, two, three. So a nested Wedge Top. You\u2019d expect at least a couple legs sideways to down.<\/p>\n\n\n\n<p>Well, we had it. One, pullback, two. The bulls are hoping this is a\nresumption of the bull trend. However, this is such a major top with so many Wedges nested within it, I think we\u2019re going to get\na much bigger reversal down. Also, the bond market tends to operate over the\ncourse of decades. Tends to rally for two or three decades, sell off for one or\ntwo decades, and we\u2019ve rallied for two or three decades. So I think the bond\nmarket\u2019s going to sell off for one or two decades.<\/p>\n\n\n\n<p>Whenever you have a Wedge rally, you\nhave to be thinking that the market might come all the way back down to the\nfirst pullback after the Wedge rally began.\nHere\u2019s the breakout, here\u2019s the first pullback. So I think at some point in the\nnext 10 years, we\u2019re going to come down here.<\/p>\n\n\n\n<p>Right now, the past year, we rallied very strongly, but a Parabolic Wedge. Three or more pushes in a Tight Channel. We broke out above this high, and you can say, \u201cWell, you broke out above a Wedge Top. Shouldn\u2019t you rally strongly?\u201d Whenever you break above a major top \u2013 in this case, a Wedge \u2013 in general, 50% chance you will get another strong leg up, maybe a Measured Move based upon the height of this Trading Range. But 50% chance the breakout will fail and you\u2019ll get a reversal down, and that\u2019s what it looks like we&#8217;re getting here.<\/p>\n\n\n\n<p>We have 4 consecutive bear bars on the monthly chart. It\u2019s unlikely\nthat we\u2019re going to go straight up. If the bulls are lucky, we might go\nsideways for a few months, but it would take several months before I think the\nbulls could get a resumption of the bull trend. They\u2019ll probably need 2 or 3\nbull bars. They might get a bull bar in January or February, but right now I\nthink we\u2019ll probably get at least a couple legs sideways to down.<\/p>\n\n\n\n<p>Will we break below this? Well, for the bears we have a Double Top, a neckline. This is the lowest price between these two highs. Break below that, Measured Move down. It would be somewhere down here. If we do break below this 4- or 5-year Trading Range, traders will start to look for a Measured Move down. That\u2019s what I think we\u2019re going to do.<\/p>\n\n\n\n<p>But here, we\u2019re talking about a monthly chart, and a top that took\nplace over the course of 10 years. It\u2019s unlikely that it\u2019s going to suddenly\nreverse. It\u2019ll take several years to get it to reverse. We\u2019ve been going\nsideways for several years now. If it\u2019s going to reverse, which I think it\nwill, it probably will start to reverse pretty soon. It\u2019s possible it will go\nsideways a little bit more. It\u2019s possible that we\u2019ll go a little bit higher and\nthen reverse. But I think we\u2019re at or very close to the high of the next 10\nyears, and I think at some point in the next 10 years we\u2019ll be back down here.<\/p>\n\n\n\n<p>What\u2019s the implication of that? Well, if the bond market goes down, which I believe it will, interest rates will go up. So all this talk about zero interest rates, it\u2019s not going to happen. Also, I\u2019ve written several times how I think it would not happen in the United States simply because America would not tolerate it. If the government sells bonds to raise money, somebody has to buy bonds.<\/p>\n\n\n\n<p>For example, you might buy bonds. How would you feel if someone sold\nyou bonds, you bought bonds, you gave them your money, and they told you that\n\u201cWhen I pay you back, I\u2019m going to pay you back less than what you gave me. So\nyou give me $100, I\u2019ll give you this bond, and in 10 years or 20 years or 30\nyears, I\u2019ll buy the bond back from you, but I\u2019ll only give you $95.\u201d No\nAmerican would ever do that deal, and therefore, negative interest rates,\nthey\u2019re not going to happen. That\u2019s what negative interest rates are. You sell\na bond for $100 and when you buy it back, you only give the guy back $95.<\/p>\n\n\n\n<p>So it\u2019s not really negative interest rates. It\u2019s not like every year,\nthe guy has to give you money. What it means is when you sell the bond back to\nthe government, they give you less money than what you paid for it. So the\neffect is that you had a negative rate of return. You hold the bond for 10\nyears and you get back less money than what you had at the start of the 10\nyears. So your rate of return was less. But it\u2019s not like every month or every\n3 months or every year, you have to pay the government interest for the right\nto hold the bond. So it\u2019s not really negative interest rates, but it\u2019s a\nnegative return.<\/p>\n\n\n\n<p>The United States is the leader of capitalism in the world. The United\nStates has a lot of pride about that. There\u2019s just no way the American public\nis going to tolerate zero interest rates, so it\u2019s not going to happen.\nTherefore, it makes it hard for the bond market to go much higher. The interest\nrates are already fairly low, fairly close to zero, and I doubt they can get\nmuch closer.<\/p>\n\n\n\n<p>Bond market, big picture: sideways, maybe up a little bit more, but\nover the next 10 years, quite a bit lower. So interest rates will go up.<\/p>\n\n\n\n<p>Weekly chart of the bond market. We had one, two, three pushes up, and then an even bigger Buy Climax, and we sold off \u2013 one, two, and three. The bulls are hoping this is a Wedge bull flag. Right now it\u2019s a truncated Wedge. This low is still above that low, so three legs down \u2013 one, two, three \u2013 and the third leg has not fallen below the second. What is likely is we\u2019re either going to rally from around this low, a Double Bottom, or we\u2019ll go a little bit lower and form an actual Wedge \u2013 one, lower, lower \u2013 and then bounce. An obvious target would be this area.<\/p>\n\n\n\n<p>The bulls hope it\u2019s a Wedge bull flag\nand the bull trend resumes. I think we\u2019ll have a hard time going much above\nthis high. It\u2019s possible that we go a little bit above it, but if we do, this\nwill probably be the final bull flag and that will probably be the start of a\nbigger reversal down \u2013 for example, the 10 year reversal that I\u2019m expecting in\nthe bond market. But right now, short term, I suspect we\u2019re going to bounce.<\/p>\n\n\n\n<p>Everyone sees this as a possible Wedge.\nWhen everyone sees it as a possible Wedge,\nbulls start to buy before it falls below that low, and the result is sometimes\nthis low does not fall below that low, and you start to rally. I call that a\ntruncated Wedge. It\u2019s truncated. The third leg\ndid not fall below the second. But the forces are the same as a Wedge. Bulls are buying because they\u2019re expecting a\nreversal up, whether or not it goes below that low.<\/p>\n\n\n\n<p>Again, upside target here, maybe here. If we go up here, I think this\nwill be the final bull flag. I don\u2019t think there\u2019s a lot of upside. However,\nwe\u2019re at the bottom of a Trading Range that\u2019s\ntilted slightly down. It\u2019s a possible Wedge,\nit\u2019s a possible Double Bottom. So over the\nnext few weeks, I expect that we\u2019ll bounce.<\/p>\n\n\n\n<p>Can we suddenly break to the downside and quickly fall for a Measured Move? This would be a Wedge bull flag, a bear breakout, possible Measured Move down. It\u2019s possible \u2013 I think maybe a\n30% chance of that, so 70% chance either we just kind of drift down a little\nbit more and then bounce, maybe channel down \u2013 down for a few weeks, up for a\nfew weeks, down for a few weeks, up for a few weeks. We could do that several\nmore times. But the chance of a collapse and a Measured\nMove down right now, 30%. I think more likely either we drift a little\nbit lower and then bounce, or we bounce from around here. Down for a few weeks,\nup. Down for a few weeks, up. Down for a few weeks, probably we\u2019ll bounce.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">EURUSD Forex<\/h3>\n\n\n\n<p>The euro versus the dollar Forex market I think is especially interesting. This is a monthly chart going back 20 years. We had a very strong bull trend, and we\u2019ve been channeling down. The bulls tried to bottom here. They failed. We got a break to the downside. Then they\u2019re trying to bottom a second time, and we got a pretty good reversal up. Strong enough up, might get a second leg up. I think we will. It\u2019s possible this is one, pullback, two, and we\u2019ve already had the second leg up. But I think this is more of a channel that&#8217;s subdivided, and I think it\u2019s a first leg up. This is a pullback, and I think we\u2019ll get a second leg up.<\/p>\n\n\n\n<p>Right now, we\u2019re starting to break above the top of this small Wedge channel. So for the bulls, it\u2019s a Higher Low Major Trend\nReversal. So a bear trend, pretty good rally, Higher\nLow, and they\u2019re hoping that we get up here. They\u2019d like us to get all\nthe way up here, but in the next year or so, I think we may only get here. The\nreason I say that is because it\u2019s a very Tight Bear\nChannel, and the first reversal up from a Tight\nBear Channel is usually fairly minor, and usually the market has to go\nsideways.<\/p>\n\n\n\n<p>I do think it\u2019s more likely than not that we\u2019re going up over the next\nyear, that we\u2019ll get up here. It\u2019s possible that we get up there.<\/p>\n\n\n\n<p>Another way to look at this is as a Double Bottom pullback. This is a Double Bottom or Triple Bottom, a breakout, and a pullback. In either case, if you want to call it a Higher Low Major Trend Reversal, Head and Shoulders Bottom \u2013 left shoulder, head, right shoulder. If you want to call it a pullback from this breakout after this Double Bottom, all of those descriptions mean the same thing. It means you think we\u2019re going higher. So I think the euro versus the dollar will be up over the next year. Also, this is a lot of bars in a Tight Channel. It\u2019s unlikely to go a lot lower without first bouncing.<\/p>\n\n\n\n<p>This is a weekly chart. We have a very strong selloff, so a spike down,\nand then from there we channeled down. Every time it went to a new low, it rallied.\nSo we\u2019d go down for a few weeks, up for a few weeks. Down for a few weeks, up\nfor a few weeks. It just kept doing that for a year and a half now.<\/p>\n\n\n\n<p>What\u2019s different now is when you look at this, it doesn\u2019t look like\nmuch, but it\u2019s important. We have 3 consecutive bull bars. The bodies are\ngetting bigger. When\u2019s the last time you\u2019ve seen that? You have not seen it in\na year and a half, so on one level, this is the strongest rally that we\u2019ve had\nin the entire bear channel, and we\u2019re getting a second leg up here. Traders are\ndeciding whether the bear channel will continue. Yes, we broke above this bear\ntrend line, but we have not broken above this high. So we\u2019re getting above\nminor highs here and here. This is a much more major high, a much more sustained\nselloff to a new low.<\/p>\n\n\n\n<p>Can the bulls start to break above more major highs like this one, or\nthat one or that one? If the bulls do break above a major high, then traders\nwill conclude that the bear trend has ended. Right here, for example, we have a\nminor high, but if this starts to break out strongly, if we start to get a\ncouple big bull bars closing far above this high and that high, traders will\nconclude that the bear trend has ended.<\/p>\n\n\n\n<p>When a bear trend ends, one of two things happens. Either the market\nevolves into a Trading Range \u2013 which it\ncurrently is in \u2013 or it goes into a bull trend. This channel is fairly tight.\nIt\u2019s lasted a long, long time. It\u2019s more likely that if this is the start of a\nrally, it probably will be a bull leg in a Trading\nRange. It\u2019s unlikely that we\u2019re going to go up strongly like this. It\u2019s\nmore likely it\u2019ll be something of a mirror image of this that will go up and\ndown, up and down, up and down, and that will basically be sideways for a year.<\/p>\n\n\n\n<p>And in hindsight, traders will look at this as a bear leg in a Trading Range and this as a bull leg in a Trading Range. I think this is where we\u2019re headed\nsometime this year, the 1.18 level. The bottom might remain here, around 1.08.\nIt might go a little bit lower. We have a gap over here on the weekly chart,\nand we did not get particularly close to it, so we may have to get closer or we\nmay have to close it.<\/p>\n\n\n\n<p>However, I do not think we\u2019ll go a lot lower. We have a Double Top here, neckline, Measured\nMove down somewhere down here. We might get down to this Measured Move. We have a Double\nTop here, neckline, Measured Move is\nhere. So Double Top here, Measured Move, Measured\nMove, and also around that gap. All of that is around the 1.08 area. So\nwe may come down there before we begin the bull leg in the Trading Range, or the bull leg in the Trading Range may already have started. We don\u2019t yet\nknow. But I do think there\u2019s not much downside, maybe to 1.08, and I also think\nthat we\u2019re going up to 1.18 at some point this year.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Crude oil<\/h3>\n\n\n\n<p>Crude oil. A huge selloff back here 10 years ago. Then we had a strong\nselloff here, then more of a channel. One, two, three, so Spike and Channel. You\u2019d expect a reversal up to the\nstart of the channel, which is what we did right here, and then a Trading Range. So we\u2019ve been sideways now 5 or 6\nyears, and here we have a couple Lower Highs,\ncouple Higher Lows, Triangle,\nand we\u2019re just starting to break out of the Triangle.<\/p>\n\n\n\n<p>The bulls hope that this is a Double Bottom\nHigher Low, so a Double\nBottom Higher Low Major Trend Reversal, and they\u2019re hoping that we get\na bull trend out of this, and the bears are hoping that the Trading Range continues, maybe we\u2019ll get up and test\nthis or that, and that ultimately we\u2019ll go down lower \u2013 which is what I think\nwill happen.<\/p>\n\n\n\n<p>However, we\u2019re fairly low in the 5-year range. We have an obvious\nmagnet here, on top of the Triangle. We have\nan obvious magnet here, top of the Sell Climax,\nand up here, the top of the Trading Range.\nThen we have a breakout point below that low, and we tried to get there here.\nCould not. Tried here. Bulls trying here. So I think we\u2019re going higher. Again,\nthis is the monthly chart. I think we\u2019re going higher, maybe up to here, but I\nthink we\u2019re going to have a hard time breaking above this red line at any point\nin the next 5 or 10 years.<\/p>\n\n\n\n<p>I think that crude oil has a fundamental problem. The market is moving\naway from petroleum products and toward more climate-friendly products, so\nthere\u2019s a fundamental issue going on with the crude oil market that will limit\nits upside. So this might be the all-time high for the remainder of your life.\nIt\u2019s possible that we get back up here, but right now I don\u2019t think we\u2019re going\nto be doing that any time soon.<\/p>\n\n\n\n<p>Whenever you get a Major Trend Reversal\nwith a decent buy setup like this \u2013 Double Bottom\nHigher Low Major\nTrend Reversal \u2013 you have a 40% chance of actually reversing from a bear\ntrend into a bull trend. I think it\u2019s probably less than that, maybe 30% chance\nthat we actually get a bull trend, but I do think better than a 50% chance\nwe\u2019re going higher. So I think this is probably going to end up as a bull leg\nin this Trading Range and not the start of a\nbull trend.<\/p>\n\n\n\n<p>Sideways for 5 or 6 years. I don\u2019t see any sign that it\u2019s going to\nchange. So I think we sold off, sideways, I think we\u2019ll go up a little bit,\nmaybe up here, but I do not think we\u2019re going a lot higher. So it\u2019s going to be\na trading type market. Up for a few bars, down for a few bars, probably all\nyear.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Gold<\/h3>\n\n\n\n<p>Gold. If you\u2019ve listened to me before, you know I\u2019m not a big fan of\nthe entire concept of gold. I think it\u2019s lost its meaning. There was almost a\nreligious attitude toward gold. People kind of treated it almost like a god,\nand there\u2019s still a lot of these gold idiots around. By gold idiots \u2013 they\nalways think you should buy gold. If gold is going up, they say you\u2019ve got to\nbuy gold because it\u2019s going up. If gold is going down, they\u2019ll say \u201cOh, you\u2019ve\ngot to buy gold. It\u2019s on sale.\u201d They never have a reason to sell gold.<\/p>\n\n\n\n<p>We had a Spike and Channel down, and\nyou\u2019d expect the transition into a Trading Range,\nand we\u2019ve been in a Trading Range for 6 or 7\nyears now. Similar to crude oil, we have a Double\nBottom and it\u2019s a Higher Low, so Double Bottom Higher Low\nMajor Trend Reversal. Double\nBottom Higher Low Major Trend Reversal. We have a pretty good rally\nhere breaking above these highs. We have two legs down \u2013 one, pullback, two. It\nlooks like we\u2019re going higher. We might get up to this breakout point here.<\/p>\n\n\n\n<p>This is, I think, a reasonably strong bull trend. This close is above that high. We have a second close. This close is above this high and that high. It looks pretty good for the bulls. I don\u2019t know that we\u2019ll go a lot higher. We may test this breakout point. We may get up to this Sell Climax high. But to me it looks bullish, so it looks like we\u2019ll go higher. It\u2019s possible that this will be a final bull flag, that we go up a little bit and then reverse, and come back down to the middle of the range.<\/p>\n\n\n\n<p>But right now, to me it looks bullish, so it looks like it\u2019ll either be\na little bit higher or possibly up to here. Less likely all the way up to here\nover the next year. Next few months, it looks like we\u2019ll probably go higher.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Bitcoin<\/h3>\n\n\n\n<p>Bitcoin. I think Bitcoin is fascinating. The reason why I think it\u2019s\nfascinating is because no one knows what to make of it. They keep putting\nBitcoin pundits on television talking about how instead of the market going to\n20,000, it\u2019ll go to a million or 2 million or 5 million. That\u2019s crazy, okay?\nWhen I look at this chart \u2013 when you look at this chart, what do you see? You\nsee big up and big down, big up and big down, and you say, \u201cOh my gosh, I don\u2019t\nknow what it\u2019s going to do.\u201d<\/p>\n\n\n\n<p>That\u2019s right. All those big reversals create big confusion, and big\nconfusion means Trading Range. Trading Range means traders are not confident that\nit\u2019s going to go a lot higher. They\u2019re not confident it\u2019s going to go a lot\nlower. So if you short and it goes down, you tend to take profits instead of\nsell more as it goes down. You tend to take profits. If you\u2019re a bull and you\nbuy and it goes up, you don\u2019t believe it\u2019s going to keep going up, so you take\nprofits. The result is the bulls buy low, they sell high to take profits; the\nbears, when it gets high, they look at it as a good place to sell and they\nsell, and they don\u2019t think it\u2019s going to go down all that far. If it goes down,\nthey buy back their shorts. So both the bulls and the bears are buying low,\nselling high.<\/p>\n\n\n\n<p>I think couple things that are interesting. We have a bear channel here\nand pretty strong breakout, and we\u2019re pulling back. So is this a pullback from\nthis breakout, in which case you\u2019ll expect the bull trend to resume? You can\ncall this a left shoulder of a Head and Shoulders\nBottom. I know it doesn\u2019t look like a left shoulder, but it\u2019s a\nsideways, it\u2019s a pause, and then a bear breakout, and this is a possible head.\nStrong rally and a possible right shoulder if we reverse up from here. So\nthat\u2019s the bullish case.<\/p>\n\n\n\n<p>Bearish case is, well, a Buy Climax. We\nhave a Lower High, a Lower\nHigh, we have a Double Top bear flag.\nUp, down, up, and maybe we\u2019ll break below this support. This is support for a\nlong time. We broke strongly below it. We broke strongly back above it. We\u2019re\ntesting it now. Will we break strongly below it again and get back down here? I\ndon\u2019t know. To me, I think that we\u2019re not going to get back down here without\nfirst rallying up to here or up to here.<\/p>\n\n\n\n<p>But as far as those bulls talking about the market going up to a\nmillion, I think so many traders got burned here that they\u2019re hesitant to buy\nBitcoin. I think this is the tulip mania phase, and I think people perceive\nBitcoin differently from how they perceived it a couple years ago. A couple\nyears ago, CNBC kept putting on Bitcoin people, talking about how Bitcoin was\ngoing to go up to a million.<\/p>\n\n\n\n<p>I really was annoyed by CNBC doing that. I understand they\u2019re trying to\nsell advertising and they want as many eyes watching their station as possible,\nbut I think they did a disservice. People who are talking about emotion rather\nthan logic, they led the viewers to believe that Bitcoin was much more solid\nand much more important than it really is. I do not think it\u2019s important.<\/p>\n\n\n\n<p>I do think the concept is important, the concept of a one world currency,\nnot a fiat currency. Fiat currency simply means the government prints a piece\nof paper and puts a \u201cone dollar\u201d on it and says by fiat, by rule or by law,\n\u201cthis is now money.\u201d Bitcoin is not owned by any government, and I do think at\nsome point we\u2019ll have some kind of an international currency not controlled by\nany one government. The Bitcoin and cryptocurrency people are hoping that\nBitcoin will be that currency.<\/p>\n\n\n\n<p>But as far as transactions go, there\u2019s a fundamental flaw with Bitcoin,\nand I don\u2019t see any way around it, unless they totally overhaul the algorithm\nfor Bitcoin. The problem is, at least as of a couple years ago \u2013 I haven\u2019t\nlooked at it since \u2013 the problem is you can only do about 7 Bitcoin\ntransactions a second. There are only enough miners out there to do about 7\ntransactions a second, and you cannot have 7 billion people using this as the\nworld currency if only 7 transactions can take place a second. MasterCard and\nVisa, they can do thousands of transactions a second because they\u2019re not\ndependent upon an algorithm basically solving problems. That\u2019s how Bitcoin\ntransactions take place.<\/p>\n\n\n\n<p>And because of that, I just don\u2019t see Bitcoin as being a currency. So\nit may get some limited use as a currency, but I think it has a fundamental\nflaw by its design. It\u2019s not usable. You cannot be using it, because if\neverybody starts to use it \u2013 you want transactions to take place\ninstantaneously or within a few seconds, like with your Visa card and\nMasterCard. It\u2019s impossible to have that happen with Bitcoin. So the logic that\neveryone will buy Bitcoin and use it as an international currency is just not\nthere.<\/p>\n\n\n\n<p>The alternative logic is people will trade it like gold, as a store of\nvalue. I just don\u2019t see that either. It\u2019s too much imagination and not tangible.\nGold, at least you can touch gold, you can hold gold. You feel like you own\nsomething. Here, Bitcoin, I think most people will not relate to it, and I\nthink that it has limited upside as a store of value as well.<\/p>\n\n\n\n<p>So from a fundamental perspective, I think Bitcoin has a problem. I\nthink at some point there will be an international currency. It might be a\ncryptocurrency. But I do not think it\u2019ll be Bitcoin. Or at least, not as\nBitcoin currently is configured. If they can change the algorithm substantially\nso that it no longer is Bitcoin, it\u2019s some other algorithm, but they still call\nit Bitcoin, then yes, Bitcoin could go up to a million dollars. But as it\u2019s\nstructured right now, I don\u2019t see it doing anything.<\/p>\n\n\n\n<p>And you can see we\u2019ve been sideways for a couple of years. You can call\nit a Triangle. We have a Higher Low, we have a Lower\nHigh. So if we rally again and pull down, then we\u2019ll have a Triangle. Three highs \u2013 one, two, three \u2013 and a Higher Low. BreakOut Mode.\nI don\u2019t see the market doing much of anything over the next several months,\nmaybe over the next year. The bulls, they might get up to this trend line, but\nI think they\u2019ll have a hard time breaking above this high. If we get up there,\nthe bears will try to get a Double Top.<\/p>\n\n\n\n<p>So it looks like it\u2019s going to be sideways over the next year, and I do\nnot think it can go up the way the pundits on television are saying, because it\ncan only do that based on it being a store of value, an equivalent of gold. And\nto me, if I\u2019m looking to store value, gold versus Bitcoin, I just like the idea\nof gold. It\u2019s attractive. There\u2019s other uses to it. Bitcoin is just too \u2013 too\nmuch of a theoretical concept. It\u2019s not tangible, so it\u2019s hard to relate to it.\nSo I just don\u2019t see Bitcoin going up to a million.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Closing review<\/h3>\n\n\n\n<p>So I talked about the Emini. I think that the market is going to enter\na Trading Range for the next 10 years, and I\ndon\u2019t know if the Trading Range will begin in\n2020 or if it\u2019ll begin in the next 2 or 3 years, but I do think it\u2019s going to\nbe sideways for the next 10 years, and I think there\u2019ll be selloffs between 30%\nand 50%, maybe 60%. I think there will be at least two of them, and therefore\npeople will be trading. If the market falls 30% to 50%, they\u2019ll buy. If it\nrallies 50% from there, or even 100% from there back up to the old high,\nthey\u2019ll sell. So it\u2019ll be a trader\u2019s market for the next 10 years.<\/p>\n\n\n\n<p>Bond futures, I think they\u2019re putting in a major top and that interest\nrates will work higher for the next decade, maybe longer.<\/p>\n\n\n\n<p>The euro versus the dollar, I think we\u2019re at the end of a 2-year bear\ntrend and that will work higher. But because the bear channel has been so tight\nfor the past couple of years, I think the rally over the next year will not be\nstrong. It\u2019ll look like a bull leg in a Trading Range.\nBut I do think the euro will go up to 1.18, and that means I think the dollar\nwill go lower.<\/p>\n\n\n\n<p>Crude oil, it\u2019s losing its use. So it has a fundamental problem. It\u2019s\nbeing replaced by more climate-friendly energy sources. There will always be\nsome market for crude oil, there\u2019ll always be a need for crude oil products,\nbut the uses that it currently has will slowly melt away. So I think there\u2019s a\ncap in crude oil. It\u2019s been sideways for several years. It looks like it\u2019s\ngoing to rally over the next several months, but I think it\u2019s going to have a\nhard time ever going back into a strong bull trend.<\/p>\n\n\n\n<p>Gold, we had a Spike and Channel down over the past many years, and we\u2019re getting up near the top of the Trading Range. It looks like it\u2019ll go a little bit higher.<\/p>\n\n\n\n<p>And Bitcoin I think has fundamental problems that will prevent it from\nbecoming widely used, and so I think there\u2019s a cap on how far up it can go. I\nthink it\u2019s probably going to try to rally over the next several months, but I\nthink it\u2019s probably going to be mostly sideways for the next year.<\/p>\n\n\n\n<p>I want to thank everyone for giving me the opportunity to talk today. I\nhope that you found what I had to say interesting. I hope that you\u2019ll find it\nhelpful with your trading, and I wish you the best in the coming year and in\nthe coming decade. Thank you, and again, I\u2019m Al Brooks.<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Market analysis on what to expect in 2020 Video duration 50min 41sec. Al Brooks presents an in-depth market analysis video for six important markets: Emini S&amp;P 500, Bonds, EURUSD Forex, Crude Oil, Gold and Bitcoin. Video topics timing 00:00 Introduction 01:46 Emini S&amp;P 500 22:35 Bonds 30:48 EURUSD Forex 36:00 Crude Oil 38:50 Gold 40:40 [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":95340,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[136,241],"tags":[223,240,237,128,60,160],"class_list":{"0":"post-96346","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-analysis","8":"category-video","9":"tag-bitcoin","10":"tag-bond-futures","11":"tag-crude-oil","12":"tag-eurusd","13":"tag-sp-emini","14":"tag-video","15":"entry","16":"override"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2019\/11\/video-online-clapperboard.jpg","author_info":{"display_name":"BTC Admin","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/richardhk\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/96346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=96346"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/96346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/95340"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=96346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=96346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=96346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}