3/11/2014 – A fairly strong down day with the Dow Jones down -67 points (-0.41%) and the Nasdaq down -27 points (-0.63%).
There is now a noticeable divergence developing between the Nasdaq and the Dow. With the Nasdaq breaking an important short-term low around 4,310…. indicating further downside to close the gap that was opened up on March 3rd at around 4,280. While the Dow is hesitant to follow just yet, the next few days are incredibly important for short term market developments.
Plus, while the long-term picture and trend remain incredibly bullish it is not indicative of where the market is today. As I have mentioned many times on this blog, we are fast approaching an inflection point where this fast moving 5-year bull market will very soon turn into a vicious bear market of 2014-2017. To read the full report on the upcoming bear market please Click Here and select our stock market report.
If you would be interested in finding out the exact composition and timing for the upcoming bear market, please Click Here.
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