A mixed day with the Dow Jones down 0 points (0.00%) and the Nasdaq down 39 points (-0.91%).
A lot of market participants were extremely excited today. Particularly, the DOW Theory followers. According to the Dow Theory, today’s market action confirmed the bull market by breaking December 31st, 2013 top by a mere 14 points. Making it all dandy in the land of the bull. Yet, we continue to be incredibly skeptical. Thus far, the market has performed as per our exact forecast (available in our subscriber section). In fact, we continue to believe that the markets luck is about to run out. With a number of significant gaps on the downside it is just a matter of time before the market begins to break down.
That is exactly what our mathematical and timing work in the stock market indicates. The bear market of 2014-2017 is just around the corner and when it begins it should very quickly retrace back to February 5th, bottom. 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.
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Stock Market Update. April 3rd, 2014. InvestWithAlex.com Google