DeepValue Signals

25+ yrs in markets. Macro, deep value, niche commodities. Early on overlooked plays. Charts + context → conviction. Trading:

[DeepValue Signals @DVSignals]

DVS Market Update 42 is LIVE!

Cracks in the Market, Core 15 Newsflow & a New Value Disconnect

Time to zoom out...

Semiconductors are testing critical support, small caps are losing their uptrend, and one particularly important monthly ratio is flashing a warning I wouldn't ignore.

This week's edition covers:

📉 Macro: Three charts that could define the next major market move.

📊 Core 15: Three strongest, three weakest, plus the latest fundamental developments.

💎 Weekly Value Disconnect #2: An overlooked #graphite developer where operational progress and share-price performance are moving in opposite directions.

⛏️ Commodity Bucket: Five major developments, fresh catalysts and plenty of opportunities beneath the surface.

The market may be showing cracks, but that doesn't mean opportunities have disappeared..

https://t.co/0t7lRkdl25

[DeepValue Signals @DVSignals]

Thank you! Yes, it's a community, but the main focus is my analysis, trade alerts and ongoing updates. Members can ask questions and discuss setups in dedicated channels..

I've deliberately adopted a "less is more" approach, so you certainly don't need to follow every conversation. If you're mainly interested in my charts, alerts and commentary, you can simply focus on those channels and check in whenever it suits you 😊

[DeepValue Signals @DVSignals]

$VIX and $CL both closing in on key breakouts.

Probably just a coincidence...

[DeepValue Signals @DVSignals]

$VIX 👀

[DeepValue Signals @DVSignals]

$VIX 👀

[DeepValue Signals @DVSignals]

Back on March 7, I urged my Dutch followers, friends and family to consider locking in multi-year energy contracts... 🇳🇱

$TTF was trading around €53/MWh back then. Today we're at €94, a staggering 76% increase in just over seven months.

Who listened and managed to lock in their gas rates?

Unfortunately, judging by the technical structure, I don't think we've seen the worst yet.

There are several ways to play this through equities as well. One of my TTF-related plays has already paid handsomely, with potentially much more to come... Substack knows.. 👀

$TTF $NG

[DeepValue Signals @DVSignals]

Dutch followers, friends & family 🇳🇱

You may want to look at locking in multi-year energy contracts this week..

$TTF is pressing the top of a multi-year structure again, and if this breaks, look out above. The Netherlands is highly exposed via European gas pricing.

$TTF $NG

Breakout here = no bueno for #energy bills.

[DeepValue Signals @DVSignals]

$SILVER | Well, here we are...

Throughout Q1 and Q2 2026, I received plenty of criticism for repeatedly outlining three downside targets for silver: $54–56, $48–50 and $37. My March 28 post was just one of many warnings.

The first has now been reached. And judging by the deteriorating weekly structure, the second is increasingly looking like my primary scenario...

Unless silver stages a remarkable weekly recovery, I see a further decline towards $48–50, which would represent an almost textbook backtest of major former resistance.

And yes, I still wouldn't rule out $37 over the coming months. Look at the quarterly structure. As uncomfortable as that sounds, it would represent another technically plausible backtest.

Meanwhile, miners are looking increasingly vulnerable. The downside levels I've repeatedly highlighted for $SILJ and $HL, for instance, which also attracted plenty of criticism, are looking considerably less far-fetched today.

Primary: $48–50, provided the weekly breakdown holds.

Secondary: A deeper flush towards $37 if $48 fails. A strong weekly reclaim of $55–56 would challenge the immediate bearish setup.

None of this changes my long-term bullish outlook. After such an extraordinary advance, a substantial correction can be entirely consistent with a secular bull market.

And judging by the reactions I'm receiving, sentiment is finally starting to reset.

Long-term bull. Short-to-medium-term caution. The two aren't mutually exclusive...

[DeepValue Signals @DVSignals]

$SILVER

I’m still getting a lot of questions on my target.

For those who read my silver update before the big plunge began: I already said that yellow scenario was rising sharply in probability. I have consistently said sub-72 was very much in play, and here we are.

Now, after a drop this vertical, let me restate this clearly: the 37 scenario I posted a week or two ago is still not my primary. I mentioned it so people could be emotionally prepared if we do get a deeper flush or a nasty wick. That is not the same as saying it is my base case.

My primary remains a more normal backtest in the 48–56 region. And yes, that lines up with the 0.5 Fibonacci, which is a very normal retrace after a move like this. In fact, that would also be a pretty textbook backtest from a structural point of view.

You can call that crazy if you want, but then you may want to spend a bit more time studying Fibonacci levels before doing so...

[DeepValue Signals @DVSignals]

@jpcpnpyp2025 Waarschijnlijk <5 jaar

[DeepValue Signals @DVSignals]

🤟

[Skywalker @skywalker1909]

@DVSignals Thanks to you, didn’t rush in. Extremely happy and grateful for your inputs and calls on discord and Substack. Made money but most of all, preserved my capital. 🙏🏻

[DeepValue Signals @DVSignals]

@Double_D_127 @NorthstarCharts @LukeGromen @Oliver_MSA @wmiddelkoop https://t.co/0LPHLHBC8T

[DeepValue Signals @DVSignals]

$SILVER | Well, here we are...

Revisiting my March 28, 2026 post, when I received plenty of criticism for outlining three downside targets: $54–56, $48 and $37.

The first has now been reached. And judging by the deteriorating weekly structure, the second is increasingly looking like my primary scenario...

Unless silver stages a remarkable weekly recovery, I see a further decline towards $48–50, which would represent an almost textbook backtest of major former resistance.

And yes, I still wouldn't rule out $37 over the coming months. Look at the quarterly structure. As uncomfortable as that sounds, it would represent another technically plausible backtest.

Meanwhile, miners are looking increasingly vulnerable. The downside levels I've repeatedly highlighted for $SILJ and $HL, for instance, which also attracted plenty of criticism, are looking considerably less far-fetched today.

Primary: $48–50, provided the weekly breakdown holds.

Secondary: A deeper flush towards $37 if $48 fails. A strong weekly reclaim of $55–56 would challenge the immediate bearish setup.

None of this changes my long-term bullish outlook. After such an extraordinary advance, a substantial correction can be entirely consistent with a secular bull market.

And judging by the reactions I'm receiving, sentiment is finally starting to reset.

Long-term bull. Short-to-medium-term caution. The two aren't mutually exclusive...

[DeepValue Signals @DVSignals]

Correct, I haven't mentioned STMN publicly in a while. It's been a disappointing investment, to put it mildly. I've sold a while back..

While there has been progress on the exploration and asset side, the dilution, share-price performance and lack of tangible results have been frustrating. I also think certain aspects of execution and shareholder communication could have been handled better..

I still like the underlying asset potential, particularly with IsoEnergy now involved, but management needs to translate that potential into shareholder value..

You can't win them all..

[DeepValue Signals @DVSignals]

$STMN.c

UraniumX Discovery Corp still looks constructive here and is quietly fighting its way higher within a bullish formation.....

It is also worth noting that its Murphy Lake project sits about 5 km from IsoEnergy’s Hurricane deposit so it remains one of the more relevant Hurricane read-through names in the district..

And with $COSA.v reporting 5.0 metres of anomalous radioactivity up to 13,900 CPS at Murphy Lake North today; attention on that corridor should stay elevated. For me, the more solid signal only comes on a firm breakout above roughly $0.23, as that would mark a cleaner break of resistance...

[DeepValue Signals @DVSignals]

@TrollKing20xx Holding only a few quality shares.. Substack knows..

[DeepValue Signals @DVSignals]

I've been pretty vocal about $PLATINUM looking vulnerable since the $1,800 area.

Now trading sub $1,600, with $1,250 still my primary downside target.

Interestingly, some of my favourite PGM miners are still trading ABOVE where they were when platinum was considerably higher.

That suggests we could see more short-term pain across the sector.

But here's the thing.... If and when platinum reaches that $1,250 area, I'll be looking to buy with both hands.

That could present one of the better buying opportunities in the PGM sector, provided the structure confirms.

Short-term caution. Longer-term opportunity.

[DeepValue Signals @DVSignals]

@fredmeister86 Literally everyone..? Like who?

Receipts..

[DeepValue Signals @DVSignals]

Good analysis follows the evidence. Sensational forecasts follow what sells...

[DeepValue Signals @DVSignals]

Wholeheartedly agree mate. You and I were pretty much spot on about where we stood in the cycle. Forecasting further upside was the easy part. Recognizing exhaustion was what mattered...

Meanwhile, @Oliver_MSA was calling for $200–$500 silver within months, while @wmiddelkoop was pushing the $500 narrative.

Frankly, I'm not baffled. Sensational forecasts sell... YouTube appearances, clicks, subscriptions, exposure. There's a commercial incentive to keep the bullish narrative alive, even when the evidence suggests otherwise.

To me, that's where credibility goes out the window. Analysis should follow the evidence, not the audience...

[DeepValue Signals @DVSignals]

Wholeheartedly agree mate. You and I were pretty much spot on about where we stood in the cycle. Forecasting further upside was the easy part. Recognizing exhaustion was what mattered...

Meanwhile, @Oliver_MSA was calling for $200–$500 silver within months, while @wmiddelkoop was pushing the $500 narrative.

Frankly, I'm not baffled. Sensational forecasts sell... YouTube appearances, clicks, subscriptions, exposure. There's a commercial incentive to keep the bullish narrative alive, even when the evidence suggests otherwise.

To me, that's where credibility goes out the window. Analysis should follow the evidence, not the audience...

[DeepValue Signals @DVSignals]

@irwinfortune @NorthstarCharts @LukeGromen @Oliver_MSA I did..

[DeepValue Signals @DVSignals]

$XLE | You had been warned. More than once...
The monthly chart speaks for itself.... 😉

[DeepValue Signals @DVSignals]

$XLE is knocking on the door of completely new territory...

A clean breakout here and #energy enters price discovery mode.

[DeepValue Signals @DVSignals]

@ReformationsUk https://t.co/DZxVUjpWyo

[DeepValue Signals @DVSignals]

$USOIL / $CL | Bulls vs. Bears

With the broader market looking increasingly fragile today, including precious metals coming under considerable selling pressure, oil continues to stand out as one of the healthier charts...

While much of the market is struggling, oil is maintaining its broader bullish structure, with a potentially significant cup-and-handle formation developing within an even larger rounding bottom.

We're now approaching an important resistance area around $99-100. A convincing breakout and successful backtest could open the door toward $103-105, followed by $108 and potentially $112-114 over the coming weeks.

The larger structure is encouraging, but we're approaching resistance, not breaking into open air just yet. Confirmation remains important.

P.S. Our recent $SILVER long from the mid-$55s into the upper-$58s delivered two TPs before the remaining position was closed through trailing-stop management. That trade is now finished. Oil, on the other hand, remains one of the more constructive #ENERGY long setups on my radar..

[DeepValue Signals @DVSignals]

With $OIL $CL breaking out, there's one junior energy name I keep coming back to...

$WGT.V $WGT.NE | Westgate Energy

From a deep-value, bang-for-your-buck perspective, this is arguably one of my favourite speculative oil plays at these levels.

Trading around C$0.21, with a market cap of roughly C$20–25M, growing production and a management team with serious credentials.

CEO Dan Brown previously co-founded Surge Energy $SGY.TO where he served as COO.

The weekly chart is also showing what looks like a fake breakdown around C$0.20–0.21, with price reclaiming this important support zone.

Of course, this carries considerably more risk than your typical mid- or large-cap energy producer. Small-cap liquidity, execution and dilution risks are real.

But with oil potentially entering another leg higher, the risk/reward at these levels looks increasingly compelling to me...

A speculative allocation here makes plenty of sense in my book.

Deep value rarely comes gift-wrapped... 😉