6 Reasons Why This Bear Stock Market is Here to Stay (NDX100)
Well, the case against a Bull market anytime soon is mounting up. Surprisingly Covid does not even make the list.
1 Stimulus Stopping
2 Interest Rates Increasing
3 Supply Chain Pressure
4 Inflation
5 Commodities Surge
6 Potential War in eastern Europe
I sold all my ETF investments 4 weeks ago, actually on the right of the chart after the 7% catastrophe flag occurred. The 7% Catastrophe flag indicators a 7% drop in the index in 1 week. Any drop above 7% is tested to be a serious precursor to a bear market.
My Moses crash detector signal has been flagging a bear market for 2 weeks.
I plotted the downside targets with black arrows. Of course, the 100 weeks MA is a very close target.
I don’t see any light until potentially April.
Let me know what you think.
Stay safe.
Barry
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1 Stimulus Stopping
2 Interest Rates Increasing
3 Supply Chain Pressure
4 Inflation
5 Commodities Surge
6 Potential War in eastern Europe
I sold all my ETF investments 4 weeks ago, actually on the right of the chart after the 7% catastrophe flag occurred. The 7% Catastrophe flag indicators a 7% drop in the index in 1 week. Any drop above 7% is tested to be a serious precursor to a bear market.
My Moses crash detector signal has been flagging a bear market for 2 weeks.
I plotted the downside targets with black arrows. Of course, the 100 weeks MA is a very close target.
I don’t see any light until potentially April.
Let me know what you think.
Stay safe.
Barry
If you like – like. Want more – follow
Note
I guess my MOSES system was right.liberatedstocktrader.com/etf-investing-strategy-moses/
Note
MOSES was correct in Feb, and is still correct today.Note
Still nailing it
Barry D. Moore CFTe Financial Technician
12 Proven Winning Chart Patterns
liberatedstocktrader.com/chart-patterns-reliable-profitable/
MOSES Beat The Market with TradingView:
liberatedstocktrader.com/moses
12 Proven Winning Chart Patterns
liberatedstocktrader.com/chart-patterns-reliable-profitable/
MOSES Beat The Market with TradingView:
liberatedstocktrader.com/moses
Barry D. Moore CFTe Financial Technician
12 Proven Winning Chart Patterns
liberatedstocktrader.com/chart-patterns-reliable-profitable/
MOSES Beat The Market with TradingView:
liberatedstocktrader.com/moses
12 Proven Winning Chart Patterns
liberatedstocktrader.com/chart-patterns-reliable-profitable/
MOSES Beat The Market with TradingView:
liberatedstocktrader.com/moses
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