Stocks are in serious trouble.
The market has broken the bull rally trendline that supported it since election night.
The bulls now need to ramp the market HARD to reignite stocks here. If they don’t, we could see the market unwind all of the post-election move very quickly.
Unfortunately for the bulls, the RSI signals momentum is gone.
On that note subscribers of our Private Wealth Advisory newsletter are currently killing it in 2017, outperforming the S&P 500 and accurately navigating dips and rallies while others get taken to the cleaners.
If you’d like to join us, you better move fast…
… because tonight at midnight, we are closing the doors on our offer to try Private Wealth Advisory for 30 days for just $0.98.
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Chief Market Strategist
Phoenix Capital Research