Warning A Crash is Coming: the Stock Market Rally is on VERY Thin Ice
Stock-Markets / Stock Market Crash Oct 22, 2017 - 10:24 AM GMTThe market is on the verge of something serious.
For months we’ve been climbing steadily in a tighter range. Stocks have been BEYOND overbought having gone 300 days without even a 3% pullback.
This latest move has formed a sharp rising wedge pattern that has just broken out to the downside. Stocks need to SERIOUSLY reverse and go parabolic here or the trend has changed.
The pattern has occurred at the very tip of an even larger 2-year rising wedge pattern (purple lines). The first downside target is the lower purple line at 2,500 on the S&P 500. But if this larger rising wedge pattern breaks then 2,125 is in play.
Yes, 2,125.
And if things get truly nasty, the following chart needs no explanation.
A Crash is coming…
And smart investors will use it to make literal fortunes from it.
We offer a FREE investment report outlining when the market will collapse as well as what investments will pay out massive returns to investors when this happens. It’s called Stock Market Crash Survival Guide.
We have reopened this report to the public by one week based on what is happening in stocks today, but after that, we are closing the doors on this offer.
To pick up one of the last remaining copies…
Graham Summers
Phoenix Capital Research
http://www.phoenixcapitalmarketing.com
Graham also writes Private Wealth Advisory, a monthly investment advisory focusing on the most lucrative investment opportunities the financial markets have to offer. Graham understands the big picture from both a macro-economic and capital in/outflow perspective. He translates his understanding into finding trends and undervalued investment opportunities months before the markets catch on: the Private Wealth Advisory portfolio has outperformed the S&P 500 three of the last five years, including a 7% return in 2008 vs. a 37% loss for the S&P 500.
Previously, Graham worked as a Senior Financial Analyst covering global markets for several investment firms in the Mid-Atlantic region. He’s lived and performed research in Europe, Asia, the Middle East, and the United States.
© 2017 Copyright Graham Summers - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.
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