What do you think? For any of you that follow my research, you'll understand that this chart (including the projected down arrow) would indicate a complete collapse of the Global captital markets and present a "washout" of valuations across the world. Could it happen - you bet. Will it happen - unknown at this time. My research suggests a down trend will happen in the US and global markets before the end of 2019 (as my super cycle research has predicted). My research also suggests the US stock market will be one of the safest places on the planet to invest going forward.
Therefore, are you ready for a wild ride? One that may never happen again for another 75+ years? If you want to know what my thoughts are about this, then follow my research more closely and stay away from Cryptos. Put your money into Metals instead.
I think it could happen. It's going to take some time to develop, but I too think it will be something along these lines:
daneedwards9
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@BradMatheny You think this will go down like it did in March again soon? Thanks.
taotrader80
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how does the recent pop higher of the positive trade talks and BREXIT news affect your analysis in the next few months?
BradMatheny
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@taotrader80, I'm watching the markets very closely. They are setup for a big move. I don't believe the move will be to the upside at this point.
There is still a masive capital shift taking place where foreign capital is rushing into the US markets, but I'm not sure how much longer that will continue with all the political shenanigans going on. The foreign market is mush weaker than many consider. Trade issues have dramatically slowed the markets. Commodities are falling and I believe we are still poised for a downside move.
What it will take to break this uptrend is anyone's guess. My money is safely in Gold and Miners as well as CASH. I'm only taking strategic trades in certain markets right now.