11/29/2018 – A negative day with the Dow Jones down 27 points (-0.11%) and the Nasdaq down 18 points (-0.25%)
The stock market finds itself at an incredibly important juncture. Things are about to accelerate in an unexpected way. If you would like to find out what happens next, based on our timing and mathematical work, in both price and time, please Click Here.
Most investors, at least for the time being, are cheering FED Chairman’s sudden reversal on interest rates. I say for the time being because his actions could be interpreted as incredibly bearish. Consider this……
Yesterday’s Fed Decision Wasn’t Good… No, It Was Very Bad
None of the above mattered to the Powell Red. Time and again Chair Powell ignored these issues during press conferences, speeches, and during Q&A sessions. Which is why his sudden decision to change course is not a good thing… in fact it’s very VERY bad.
Why?
Because this signals that something truly horrific is brewing in the financial system.
Think of it this way, if you’re willing to stomach most of the stock markets in the world entering bear markets… and economic bellwethers CRASHING… just how awful does something have to be for you to stop on a dime and hit the “panic” button?
Think CRISIS bad.
If you don’t believe me, consider that the $USD barely dipped on Powell’s announcement yesterday. Heck, the greenback didn’t even drop 1%. The BIG drop the media ranted about is that tiny red square in the chart below.
Let’s put it this way, we don’t disagree.
Having said that, the above is tea leaf reading. What the FED will do is rather irrelevant. The stock market will do what it needs to do based on it’s cyclical and mathematical composition.
In that sense, if you would like to find out exactly what the stock market will do next, in both price and time, based on our timing and mathematical work, please Click Here. Trust me, you wouldn’t want to miss it.
