For several months stock market momentum indicators have become very bearish.
The persistence of the rally have brought the recent SPX top into a seasonally bearish time zone from August to November.
Recently I've posted that conditions for a stock market mini crash are in place if the SPX breaks below the 200 day Simple Moving Average
and significant support at SPX 2322.
I've made an amazing discovery that points to a specific date - 9/11/17 as a possible crash bottom date.
This discovery is what I call "The 34 day mini crash phenomenon" I will have more details about this in a future post.
Another incredible discovery is that there are two major Fibonacci coordinates very close to
prior SPX significant resistance at 2135. I will have more details about this in a future post.
Circle 9/11/17 on your calendar, this could be a very important date.
Mark
The persistence of the rally have brought the recent SPX top into a seasonally bearish time zone from August to November.
Recently I've posted that conditions for a stock market mini crash are in place if the SPX breaks below the 200 day Simple Moving Average
and significant support at SPX 2322.
I've made an amazing discovery that points to a specific date - 9/11/17 as a possible crash bottom date.
This discovery is what I call "The 34 day mini crash phenomenon" I will have more details about this in a future post.
Another incredible discovery is that there are two major Fibonacci coordinates very close to
prior SPX significant resistance at 2135. I will have more details about this in a future post.
Circle 9/11/17 on your calendar, this could be a very important date.
Mark