The Last Time This Signal Hit Was Right Before the December Meltdown
The market has broken critical support, at 2,800.
This is particularly notable because this breakdown took place despite a clear leak by the Trump administration concerning a trade deal with China.
Put another way, REAL sellers have showed up again this week. And the bad news is that they’re not finished yet.
Indeed, from a technical analysis perspective, the next leg down is here.
The RSI has broken its uptrend (top line). Moreover the MACD, a critical momentum indicator, had triggered a “Sell” reading (red box).
The last time we had both of these signals was right before the December meltdown.
Buckle up, the backtest is complete just like in 2000 and 2008... which means... the crisis is now coming.
A Crash is coming...
On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.
In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.
This week is the last week this report will be available to the public. We extended the deadline another week based on the sucker's rally from the December lows, but this it IT... no more extensions.
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