The Next Market Move is Going to Annihilate Consensus Thinkers… Buckle Up.

Here’s a chart your broker won’t show you.

GPC1417.png

The entire move in the S&P 500 since the November 8 election has been driven by the move in the $USD/Yen pair. As you can see, these two items (USD/YEN and S&P 500) are essentially the same trade.

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“So what, who cares?”, you might be asking.

Everyone should care, because this trend is ending.

The USD/Yen currency pair is now at MASSIVE resistance. The odds of this trend continuing are now less than 20%.

GPC14172.png

Which means… this move will be reversing, and stocks will be dropping, HARD.

The last time this trend reversed was the early 2016 bloodbath during which stocks dropped 13% in the span of eight weeks.

GPC14173.png

Don’t say I didn’t warn you when another drop like this hits before the end of the month.

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Graham Summers

Chief Market Strategist

Phoenix Capital Research

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