3/3/2014 – The volatility is back with the Dow Jones down -153 points (-0.94%) and the Nasdaq down -31 points (0.72%).
While the rest of the world blames Ukraine and Russia we know better than that. The stock market is tracing out its exact structure. Throughout last week I have warned you that the volatility will back due to a number of significant points of force arriving throughout March. What we are seeing today is clear evidence of that…not in terms of downside, but in terms of volatility. With VIX (volatility index) up 16% today alone and interference patterns abound, March will remain a highly volatile month.
The question everyone is asking….will this be the start of the bear market?
In terms of bear market structure, my mathematical and timing work show, and I continue to believe, today’s gap down must be closed before this up leg from XXXX completes itself and the bear market resumes. In fact, in our weekly update I presented you with an exact price target that must be achieved before the market turns around. I see very little evidence that such a point will not be reached. .
Further, my analysis shows that Ukraine’s hostilities will die down over the next few days, allowing the market some time to close its gap, recover it’s losses and to push higher to our target below.
As reported over the weekend, at this stage I have a number of very strong indications that the market will hit this point before turning around.
Date: XXXX
Price Target: XXXX
(*** Please Note: About 75% of the information contained within this section has been deliberately removed. Particularly, exact dates and prices of the upcoming turning points. As well as trading forecasts associated with them. I deem such information to be too valuable to be released onto the general public. As such, this information is only available to my premium subscribers. If you are a premium subscriber please Click Here to log in. If you would be interested in becoming a subscriber and gaining access to the most accurate forecasting service available anywhere, a forecasting service that gives you exact turning points in both price and time, please Click Here to learn more.Subscription is through lottery only. Don’t forget, we have a risk free 14-day trial).
Hence, I suggest the following positioning over the next few days/weeks to minimize the risk while positioning yourself for a forecasted market action.
If You Are A Trader: XXXX
If No Position: XXXX
If Long: XXXX
If Short: XXXX
Please Note: XXXX is available to our premium subscribers in our + Subscriber Section. It’s FREE to start.
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