Stock Market Update. April 22nd, 2014. InvestWithAlex.com

daily chart April 22 2014

Another up day with the Dow Jones up 65 points (0.40%) and the Nasdaq up 40 points (0.97%).

By now, the trauma bottom of a week ago is a long distant memory. With the Dow and the S&P approaching their all time highs the bull market is back on. Or is it? Not to rain on bulls parade but the current rally has all of the trademarks associated with a bear market rally. Low volume, short covering, divergences and sharp advances. While we are not in a technical bear market (not by any traditional measure anyway) it would pay off to start paying close attention to a possibility of a roll over.

In fact, our mathematical and timing work continues to show that the bear market is just around the corner.  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). 

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Stock Market Update. April 22nd, 2014. InvestWithAlex.com  Google