The markets are now within spitting distance of a top.
Our target for the bounce is anywhere in the red box… stocks will likely enter that range today as Wall Street engages in its usual options expiration games. The perfect top would be a backtest of the former rally’s trendline (red line), but in investing things are rarely perfect.
After this comes the REAL drop. I’m not saying it starts Monday… but it’s coming in the next two weeks as the market begins to realize that the US/ China Trade Deal is completely dead… and past the point of resurrection…
THAT’s when things get interesting…
Try this… At best, stocks collapse to 2,600… at worst… we break the December lows.
The time to start preparing for this is NOW, before the move hits.
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.
As I write this, there are only 11 copies left.
To pick up one of the last remaining copies…
Chief Market Strategist
Phoenix Capital Research