A strong up day with the Dow Jones up 135 points (0.82%) and the Nasdaq up 43 points (1.04%)
In Friday’s update I suggested that the DOW/Nasdaq are set for a significant bounce over the next few trading days. Further, the market continues to perform just as per our forecast (available in premium section). While consistent up days, all time highs and positive news continue, this never ending up drive higher is in the final stages of it’s development. If fact, this latest surge higher offers people with the perfect opportunity to liquidate most (if not all) of their long positions.
The bear market of 2014-2017 will start within a relatively short time window and when it does, it will quickly retrace most of the gains since February 5th low. If you would be interested in knowing exactly when this bear market will start (to the day) and it’s internal composition, please Click Here.
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Stock Market Update. March 31st, 2014. InvestWithAlex Google