Another up day with the Dow Jones up 28 points (+0.16%) and the Nasdaq up 9 points (+0.20%)
The stock market continues to “melt up” on low volume/volatility. Today, the Dow closed its up gap left behind on June 11th @ 16,945. Just as per our internal (member) forecast.
And while most people believe that this market will never stop “melting up” I continue to warn anyone who would listen that we are in the midst of the most dangerous period of time. A period when the market has put everyone to sleep in this VERY slow and dreadful never ending climb higher. It is the most dangerous time because typically such periods end with a massive bang when the energy is finally released. In fact, the 1987 crash is a perfect illustration of that.
In other words, enjoy the peace and quiet. It won’t last that much longer.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2014-2017. In fact, when it starts it will very quickly retrace most of the gains accrued over the last few years. If you would be interested in learning when the bear market of 2014-2017 will start (to the day) and its internal composition, please CLICK HERE
(***Please Note: Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update. June 20th, 2014 InvestWithAlex.com
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Daily Stock Market Update. June 20th, 2014. InvestWithAlex.com Google