12/12/2014 – Another big down day with the Dow Jones down 308 points (-1.75%) and the Nasdaq down 55 points (-1.16%)
The stock market continues to perform as anticipated. Please Click Here to learn what happens next. And while most of Wall Street anticipated a Santa Claus rally, here is what I told my PREMIUM subscribers on December 4th, 2014.
“With that said, let’s take a closer look at our primary forecasting index, the Dow. As I have suggested over the last few days, my mathematical calculations show a strong point of force located at 18,000 (+/- 50 points). The exact hit would occur at 17,990. Today’s Intraday top of 17,940 was, once again, within the margin of error. It is my feeling that the Dow will push just a little bit higher, to get a more direct hit, before reversing down.”
If you are keeping track, the Dow topped out the following day (thus far) at 17,991. Just ONE point over my optimal target. The Dow is now 700 points lower. Yet, that is beside the point. What happens next is a lot more important.
That is why next week becomes crucial for the stock market. As I discuss in my weekly update (to my Premium Subscribers), the stock market will either go though a strong bounce or sell off into a certain date in December.
In other words, while the Wall Street might be lucky enough to get their “Santa Rally” into the end of the year, they might also be decimated to the point where the Dow ends in the negative territory for the year. If you would like to find out exactly what happens and the exact DATE of this point next week, please Click Here.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2014-2017. In fact, 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 when the bear market of 2014-2017 will start (to the day) and its 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). Daily Stock Market Update. December 12th, 2014 InvestWithAlex.com
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Wall Street: Dear Santa….Please Make This Market Rally Google