Major declines follow a distinct pattern:
1) The initial drop.
2) The bounce.
3) The final collapse.
This recent market meltdown has followed this pattern perfectly. As I write this, the markets have completed numbers 1 and 2. They will begin #3 today.
The S&P 500 has bounced right into former support. A rejection here will lead to a sell-off into the true “panic low.”The downside target here is around the blue circle.
On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.
In it, we outline the coming collapse will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.
We’ve extended our offer to download this report FREE due to the market breakdown. But this week is the last time this report will be available to the general public.
To pick up one of the last remaining copies…
Chief Market Strategist
Phoenix Capital Research