The Bear is Back

Published on
January 7th, 2019
9 minutes

The Bear is Back

Trade Ideas ·
Featuring Joseph Perry

Published on: January 7th, 2019 • Duration: 9 minutes

Joe Perry, CMT, of ForexAnalytix is pressing his bearish bet on the S&P 500. He updates the trade and reveals the new key levels to watch out for in this interview with Brian Price. Filmed on January 3, 2019.


  • DR
    David R.
    7 January 2019 @ 19:54
    US stock losses are actually MUCH worse than imagined, because they are denominated in weak, POS american dollars, which is in a collapse and headed way down to decade lows.
    • DR
      David R.
      7 January 2019 @ 19:59
      Usually when US stocks are weak like they have been and will be (notwithstanding a bear market rally), the dollar is firm. But "usually" is not "always". The charts are indicating that both USD and US stocks will underperform. So get OUT of all US assets if you haven't already.
    • DR
      David R.
      9 January 2019 @ 18:38
      Yet another day when the dollar cratering totally offsets / wipes out any imaginary gains in US stocks. Assets on a currency adjusted basis continue to do better elsewhere this year. Get used to it. Could be this way most of the year.
  • MM
    Mike M.
    8 January 2019 @ 19:23
    I NEED that end table/cup holder! Please share source! :)
    • BP
      Brian P. | Real Vision
      8 January 2019 @ 20:03
      West Elm.
  • JS
    Jon S.
    7 January 2019 @ 22:38
    Agreed except for the timing. Try within 3 weeks vs 3 months. Great piece.
    • PD
      Pat D.
      8 January 2019 @ 07:06
      Yup! Agree ...... 3-4 weeks rather than 3 months
  • JF
    Joseph F.
    8 January 2019 @ 01:22
    Thanks, I find it very helpful to get others TA confirmation on what I am seeing in the market.
  • HJ
    Harry J.
    7 January 2019 @ 16:26
    If a person is watching the markets they already know this. If they don’t they’ll be doing something else as soon as they’ve lost all their money.
    • EF
      Eric F.
      7 January 2019 @ 18:48
      Not really super constructive comments.
    • DR
      David R.
      7 January 2019 @ 20:20
      No, I think there is a lot of value in this video. He explains a sound technical rationale for a stock bounce in the context of a 4th wave recovery before new lows later. And he reinforces it with sound TA of two related markets. I thought his gold chart was spot-on as it's exactly what I'm looking at in terms of gold's next key level (which if broken exposes 1365-ish, but per Joe gold is likely to encounter resistance first). Excellent work overall by Joe. Really great to have a CMT on RV. He is good!
    • MC
      Matt C.
      7 January 2019 @ 21:05
      Not sure it makes sense to connect two lows and call it a trend line, re the gold chart.
  • DR
    David R.
    7 January 2019 @ 20:07
    Good video. I love Elliott Wave and would love to see Joe's EW charts of the dollar to see whether he concurs with the masses here who are shameless dollar bulls.
  • ZY
    Zheng Y.
    7 January 2019 @ 13:40
    Joe is a very good technitian and really go with the data. Brain, Tks and Happy New Year.
    • BP
      Brian P. | Real Vision
      7 January 2019 @ 18:18
      Happy New Year, Zheng!
    • EF
      Eric F.
      7 January 2019 @ 18:49
      Agreed, I like Joe and his data points and rationale.