2/22/2016 – A positive day with the Dow Jones up 225 points (+1.37%) and the Nasdaq up 66 points (+1.47%)
Make any sort of a declaration or a market statement today, and chances are, you can make a nearly bulletproof case that you are right. Let me show you what I mean…..
- Has The Market Crash Only Just Begun?
- Is it possible the correction is over?
- HARRY DENT: The recession isn’t coming — it already started
- Marriage of crude-oil prices, stocks at historic level
- Look out below? Options price in scary S&P swoon
- ‘It is a time of opportunities
And that’s just a small sample from today.
In other words, if your Charles Schwab financial adviser is telling you that he knows where the market is going, well, he is probably lying through his teeth.
That is why fundamental analysis becomes absolutely worthless in a complex market environment we are experiencing today. And even though both bulls and bears might eventually be right, it is the sequence of events that will determine what the market will do next. A better approach is needed.
A TIMING approach. I have been publishing the chart below over the last few weeks with the following explanation.
We remain in a very complex market environment. Here is the chart I presented to you almost two weeks ago. Suggesting at the time that the market will remain within a certain trading range until the structure below (sphere) completes itself on a certain date and price. When it does, a powerful directional move will start. If you would like to find out when that PRICE/TIME arrives (to the day) and where the market will push next, please Click Here.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2015-2017. 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 2015-2017 will start (to the day) and its internal composition, please CLICK HERE.
(***Please Note: A bear market might have started already, I am simply not disclosing this information. 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. February 22th, 2016 InvestWithAlex.com
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