Over the past few years as price has reached major potential turning points in the market I have sounded the alarm that LONG SIDE RISK has risen and to be on HIGH ALERT for a potential downturn.
Of course as we have seen this Bull Market has had significant legs and has continued to grind higher.
What now?
I told you in September that it did not matter who was elected that the Market would turn weak...and it did
We have been going essentially sideways since November
I also said that around Jan 15th the market would turn lower...and it has
I also said that lower move would take us down to the 5600-5700 region..and it did
Now I am telling you that we are setting up for what appears to be ONE FINAL PUSH HIGHER
Where does that move take us?
Somewhere near 6500
What happens after that?
You can expect a SWIFT CRASH LIKE move back to almost exactly where we are now but probably around 5400
And its at THAT point that ALL CARDS WILL BE ON THE TABLE
You should expect a retracement back up from that 5400 region
If that retracement is CLEARLY CORRECTIVE in nature then you can expect a move down to 5000 and if the market cant hold that region then its: GAME OVER
Can I be wrong? Absolutely...and for the sake of the people I love, this country that I call home and my brotherhood of fellow humans around the world I HONESTLY HOPE I AM
Because if I'm not wrong then whats coming over the next decade will be potentially MUCH WORSE THAN A RECESSION
PREPARE YOURSELF
Of course as we have seen this Bull Market has had significant legs and has continued to grind higher.
What now?
I told you in September that it did not matter who was elected that the Market would turn weak...and it did
We have been going essentially sideways since November
I also said that around Jan 15th the market would turn lower...and it has
I also said that lower move would take us down to the 5600-5700 region..and it did
Now I am telling you that we are setting up for what appears to be ONE FINAL PUSH HIGHER
Where does that move take us?
Somewhere near 6500
What happens after that?
You can expect a SWIFT CRASH LIKE move back to almost exactly where we are now but probably around 5400
And its at THAT point that ALL CARDS WILL BE ON THE TABLE
You should expect a retracement back up from that 5400 region
If that retracement is CLEARLY CORRECTIVE in nature then you can expect a move down to 5000 and if the market cant hold that region then its: GAME OVER
Can I be wrong? Absolutely...and for the sake of the people I love, this country that I call home and my brotherhood of fellow humans around the world I HONESTLY HOPE I AM
Because if I'm not wrong then whats coming over the next decade will be potentially MUCH WORSE THAN A RECESSION
PREPARE YOURSELF
Trade active
That VPOC is at the most important level of our lifetimeWhenever the market makes it there (est. early 2030s) if that level doesn't hold then we will most likely head into a DEPRESSION
If that level holds then all we see is a RECESSION
Remember this post
Trade closed: target reached
Possible last hurrah for XLF before a SIGNIFICANT DROP
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.