A mixed day with the Dow Jones up 18 points (0.11%) and the Nasdaq down 5 points (-0.13%).
The market continues to oscillate within a very tight trading range. If you haven’t noticed, the Dow has been flat since December 31st, 2013. Frustrating both the bulls and the bears to no end. As I have been suggesting since the beginning of the year, the bear market of 2014-2017 will be incredibly complex and frustrating.
Unlike it’s 2007-2009 fast moving and directional counterpart, the bear market of 2014-2017 will be volatile, all over the place (flat & directional) and overall extremely frustrating. At least that is what my mathematical and timing work is predicting. In fact, the Dow’s trading pattern in its 2000-2003 bear leg is a good indicator of what to expect over the next few years.
For now the market continues to accumulate energy (like a spring) as it remains range bound. When it finally snaps, investors should anticipate a powerful and a volatile move. In other words, don’t expect this low volatility to last too much longer. This is the calm before the storm and that is exactly how you should approach today’s market.
This is further confirmed by my mathematical and timing work. Again, my work shows a severe bear market between 2014-2017. 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 exactly when the bear market will start (to the day) and its subsequent 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. May 30th, 2014. InvestWithAlex.com
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Daily Stock Market Update. May 30th, 2014. InvestWithAlex.com Google