Epic Trades: Oil COLLAPSES 15% (NAILED) | S&P 500 Hits My Target (I ALERTED YOU)

Video Description

In this urgent market update, Chief Market Strategist Gareth Soloway of VerifiedInvesting.com breaks down the massive 15% to 22% collapse in crude oil prices following the recent ceasefire announcement. If you watched the last video, you know this move was predicted 24 to 48 hours in advance. But how was it so predictable? Gareth explains that it all comes down to a perfect storm of technical chart patterns—specifically a massive "topping tail" reversal candle—combined with basic human psychology and political maneuvering. With midterms rapidly approaching, the pressure to lower gas prices forced leaders to the negotiating table, allowing Iran's 10-point plan to push through. However, do not expect cheap gas anytime soon. Gareth dives deep into the macroeconomic reality of global energy markets. Much like the panic-buying we saw during COVID-19, countries are going to aggressively stockpile oil to refill their depleted strategic reserves. Even if oil stabilizes at $80 a barrel, that is still a massive 30% increase from the $60 levels we saw back in February. Because of this, higher supply chain costs will continue to be passed down to the consumer, meaning inflation is likely to stay elevated at 5% or more for the next couple of years. The brutal truth? The only thing that will truly bring oil prices back down to the $50 range is a massive U.S. recession. Moving over to the stock market, Gareth updates his stance on the S&P 500. After aggressively buying the dip at the midpoint of the parallel channel and telling viewers to "buy with both hands," the S&P 500 has officially hit his massive upside target. Now, the strategy is shifting. Gareth is booking heavy profits—with his Smart Money million-dollar portfolio up over $250,000 this year alone—and is now "selling with both hands" while slowly scaling into short positions before the broader market runs out of steam. Finally, we take a look at the highly anticipated Bitcoin breakout. BTC has officially confirmed its chart breakout and is testing the $72,000 resistance level. If it can push through, the next short-term target is $75,000, with a macro target of $80,000 to $85,000. However, Gareth warns that if the broader stock market starts to roll over, Bitcoin might struggle to reach those top-end targets, which is why utilizing an in-the-money trailing stop is critical right now. Make sure to like this video, subscribe to the channel, and hit the notification bell so you never miss these time-sensitive technical updates! 📈 To get real-time access to Gareth’s trades and the Smart Money portfolio, head over to: www.VerifiedInvesting.com Video Chapters: 00:00 - The Oil Price Collapse & Ceasefire Impact 02:00 - Chart Technicals: The "Topping Tail" Reversal Signal 04:00 - Presidential Psychology, Midterms & Inflation Reality 08:21 - S&P 500 Upside Target Hit: Time to Sell Longs? 10:46 - Bitcoin Breakout to $72k (Is $80k Next?) 11:40 - Trading Probabilities & Final Thoughts