HSBC’s Chief of Technical Analysis Just Warned of a Potential 1987-Type Crash

The head of HSBC’s Technical Analysis group just issued a major warning.

Unless the markets can take out its September highs, we could very well see a repeated of the 1987 Crash.

Murray Gunn is head of technical analysis for HSBC. In a recent client note, he pointed out the Head and Shoulders top pattern that presaged the 1987 Crash.

In its simplest forms, the Dow Jones Industrial Average formed a Head and Shoulders top when it violated its neckline. We then had a failed attempt to reclaim the neckline, which resulted in the Crash.

gpc92816

———————————————————————–

The Single Best Options Trading Service on the Planet

Yesterday, while 99% of traders were getting killed we locked in THREE new double digit winners.

As a result of this, our options trading newsletter, THE CRISIS TRADER has now produced an astounding 270% return on invested capital thus far in 2016.

We have a success rate of 70% meaning we make money on SEVEN seven out of TEN trades. And thanks to careful risk management we’ve already produced a return on invested capital of over 124% thus far in 2016.

You can try this service for 30 days for just 99 cents.

To take out a $0.99, 30-day trial subscription to THE CRISIS TRADER…

CLICK HERE NOW!!!

———————————————————————–

Gunn notes that the Dow is forming a similar pattern today. He also notes that momentum is waning, and Elliot Wave analysis indicates a 1987-Crash could indeed occur.

gpc928162

A big move is coming to the markets. And we’re already preparing for it.

Indeed Private Wealth Advisory subscribers just locked in another two winning trades bringing us to 112 STRAIGHT WINNING TRADES.

Indeed, we haven’t closed a single loser since November 2014.

112 straight winners… and not one closed loser… in 22 months.

Subscribers are pouring into this newsletter, to get these kinds of gains.

However, I cannot maintain this kind of track record with thousands of investors following our recommendations.

So tonight (Wednesday) at midnight, we are closing the doors on our offer to try Private Wealth Advisory for 30 days for just $0.98.

This is it… last call… NO MORE EXTENSIONS!

To lock in one of the remaining slots…

CLICK HERE NOW!

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Disclaimer: The information contained on this website is for marketing purposes only. Nothing contained in this website is intended to be, nor shall it be construed as, investment advice by Phoenix Capital Research or any of its affiliates, nor is it to be relied upon in making any investment or other decision. Neither the information nor any opinion expressed on this website constitutes and offer to buy or sell any security or instrument or participate in any particular trading strategy. The information in the newsletter is not a complete description of the securities, markets or developments discussed. Information and opinions regarding individual securities do not mean that a security is recommended or suitable for a particular investor. Prior to making any investment decision, you are advised to consult with your broker, investment advisor or other appropriate tax or financial professional to determine the suitability of any investment. 

Opinions and estimates expressed on this website constitute Phoenix Capital Research's judgment as of the date appearing on the opinion or estimate and are subject to change without notice. This information may not reflect events occurring after the date or time of publication. Phoenix Capital Research is not obligated to continue to offer information or opinions regarding any security, instrument or service. 

Information has been obtained from sources considered reliable, but its accuracy and completeness are not guaranteed. Phoenix Capital Research and its officers, directors, employees, agents and/or affiliates may have executed, or may in the future execute, transactions in any of the securities or derivatives of any securities discussed on this email. 

Past performance is not necessarily a guide to future performance and is no guarantee of future results. Securities products are not FDIC insured, are not guaranteed by any bank and involve investment risk, including possible loss of entire value. Phoenix Capital Research, OmniSans Publishing LLC and Graham Summers shall not be responsible or have any liability for investment decisions based upon, or the results obtained from, the information provided. 

Phoenix Capital Research is not responsible for the content of other websites or emails to which this one may be linked and reserves the right to remove such links. OmniSans Publishing LLC and the Phoenix Capital Research Logo are registered trademarks of Phoenix Capital Research. Phoenix Capital Management, Inc.
What Happens When the Everything Bubble Bursts?
  • By trying to corner the bond market (risk-free rate)
  • the Fed has created a bubble in everything
  • We call this THE EVERYTHING BUBBLE
  • Reserve your copy of our Executive Summary
  • To prepare for what's coming down the pike!