An up day with the Dow Jones up 146 points (+0.91%) and the Nasdaq up 23 points (+0.57%).
Out of all the major indices, only the DOW didn’t close it’s morning gap, suggesting further downside at some point in the future. Otherwise, the markets continue to perform as anticipated. This is what we have told our subscribers over the weekend….
Case For A Strong Bounce: On Friday, the Dow bottomed dead on one of our mathematical points of force. It’s not a particularly strong point of force, but it would work for a short-term bounce. Further, on Friday the Dow bottomed at a fairly strong resistance point located at around 16,000-16,050. Further, on Friday the Nasdaq bottomed at its February 5th intermediary low, without being able to break it. Finally, most indices are oversold and are due for some sort of a bounce. XXXX….etc….
While most markets will continue to bounce around today’s levels over the next few days, their long term future is unmistakable. Based on our mathematical and timing work, the bear market of 2014-2017 is just around the corner. If you would be interested in learning exactly when the bear market will start (to the day) and it’s 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).
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Stock Market Update, March 14th, 2014. InvestWithAlex.com Google
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