Capturing Profits With Technical Analysis By Sylvain Vervoort Apr 2026

He placed a conditional order: short SPY at $478, stop at $484, target $462.

He had stopped trying to predict the market.

One evening, watching the S&P 500 hover at an all-time high, Martin’s new system triggered a on SPY. The stochastic had diverged bearishly for three weeks. Volume was drying up. He placed a conditional order: short SPY at

His wife asked, “Aren’t you nervous?”

“A Belgian systems guy,” his friend said. “No hot tips. Just math and patience.” The stochastic had diverged bearishly for three weeks

The first test came with in late 2023. The stock was ripping. Everyone on Twitter was screaming “to the moon.” Martin’s gut screamed “buy.”

Martin smiled. “Vervoort says: ‘Profits are not captured by courage. They are captured by a system that removes courage from the equation.’” “No hot tips

For the first time, Martin wasn’t riding the emotional rollercoaster. He was standing on the platform, calmly pulling the lever.

Vervoort’s core idea was brutal in its simplicity: He called them “profit capture zones”—specific price levels where institutions were forced to cover or take profit. Most retail traders bought breakouts. Vervoort taught Martin to sell them.

He stared at the screen. He hadn’t predicted the drop. He had simply built a cage for it—a profit capture zone based on historical volatility and Fibonacci extensions of the prior swing low.