Name: 24% Collapse Incoming: Trader Reveals Shocking Market Red Flags | Chris Vermeulen
Uploaded: 2026-06-25T19:41:53+00:00
Duration: 2373 s

Speakers

Chris Vermeulen — Chief Market Strategist, TheTechnicalTraders

Summary

Chris Vermeulen, Chief Market Strategist at The Technical Traders, presents a bearish technical outlook for equities, crypto, and precious metals while highlighting the US dollar as the sole attractive asset. He sees a large pullback coming for the S&P 500, more downside for Bitcoin, and a correction in gold, silver, and miners. The dollar is breaking out and likely to rally further as a safe haven.

S&P 500 likely to pull back 18–24% to 6000–5500; money flows turning defensive.
QQQ position fully closed; tech exposure significantly reduced.
Bitcoin very bearish with downside target of $44k and potential to $16k.
Gold expected to correct to 3600–3300; silver and gold miners also facing 20%+ drops.
US dollar breaking out, seen as the only current opportunity; UDU ETF suggested.
Utilities and REITs show safe-haven flows but are not given explicit trade recommendations.
Bonds and technology AI mentioned as possible future plays, but no clear entry signals given.

Ideas

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 4:42

Avoid QQQ, reduced tech exposure

Closed all QQQ position near the highs as part of scaling out; the tech-heavy Nasdaq 100 is out of favor and likely to see further weakness in the near term.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 10:46

Short Bitcoin, target 44k–16k

Avoid BTC because the cited technical view is bearish with downside targets, but it does not state an explicit short/puts position or direct short call.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 14:11

Avoid S&P 500, 18–24% pullback risk

Market internals and money flows signal a loss of momentum; the S&P 500 could pull back to 6000–5500, representing an 18–24% decline. The short-term trend is neutral-to-bearish, warranting light exposure.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 24:59

Avoid gold, target 3,300–3,600

Gold is in a shakeout phase after a parabolic spike; the chart points to a pullback to 3600–3300, about 17% downside from current levels. Historically similar spikes lead to sharp corrections.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 29:21

Avoid silver, trend rolling over

Silver is rolling over along with gold and miners; Chris moved out of silver at $111. The metal is expected to continue unwinding in the short term with no near-term bottom yet.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 33:25

Avoid gold miners, GDX 20% drop

Gold miners (GDX) are headed for another 20% haircut; the monthly chart shows a possible drop to 69–58 from current levels. Miners are out of favor and will likely fizzle out before a buying opportunity emerges.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 34:24

Long US dollar via UDU

The US dollar is building a base and breaking out. It acts as a safe haven when stocks sell off. Previous similar patterns led to ~20% rallies. The only asset Chris explicitly likes right now. Available via ETF UDU.

24% Collapse Incoming: Trader Reveals Shocking Market Red Flags | Chris Vermeulen

Summary

Ideas

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