10/29/2018 – A negative day with the Dow Jones down 245 points (-0.99%) and the Nasdaq down 117 points (-1.63%)

We have been warning you for months that the stock market was about to move. An important question remains, is the bottom in or will this market crash? If you would like to find out what happens next, based on our timing and mathematical work, in both price and time, please Click Here

After looking at hundreds of financial articles today alone it dawned on me that no one, and I mean no one, is expecting anything but a small correction here. For instance…..

Waiting for the stock market to bottom will ‘feel awful, like it always does’

Meanwhile, there are only three catalysts capable of lifting stocks from their current rout, he said: 1) a Republican sweep in the Nov. 6 midterm elections; 2) the Fed adopting a more dovish, “data-driven” stance; and 3) a resolution of the U.S.-China trade spat.

“Since none of these appear imminent over coming days/weeks, the bottoming process is going to feel awful—like it always does,” Dwyer wrote.

Market Correction Or Temporary Pullback? Our Views On The Current Selloff

The markets have been very volatile lately and we have seen a significant pullback this month. I know that many of you are feeling anxious about the recent market volatility. I understand it completely. It is very difficult to have a down day, and we have had several days of panic selling this month so far.

On Friday, almost all the financial news media started flashing that the “S&P 500 index is now officially in correction territory.” The media likes to flash negative news, and this is one of them too. The definition of a market correction is usually a pullback of 10% to 20% from the most recent highs (closing price).

Correction or Temporary Pullback? The author doesn’t even consider the possibility of a vicious/deep bear market.

For GOD’s sake, the market is down 10% and everyone is already looking for a long-term bottom and a subsequent rally. No one remembers the horrors of 2000 and 2008 and what a 50-90% corrections feel like.

The above is indicative of extreme bullish sentiment still prevalent in the market today.

Luckily, you don’t have to guess about what happens next. If you would like to find out what the stock market will do next, in both price and time, based on our timing and mathematical work, please Click Here