Two weeks ago we showed our LongTerm SMA chart foretelling us of a bear market unfolding. Nothing has changed since then, which is good (for us, but bad for the market).
However, last Friday due to the supposedly BOJ negative interest rate rally, we heard from many telling us the bear market thesis was already dead. It’s amazing what one day can do. On the contrary, for us this “rally” was as predicted the week prior, and it makes one wonder if the market rallied on that rate-news thingy, or rallied because it had to… Ponder about that for a while.
Because so many turned bullish already in 1 day, we feel it is paramount to provide the interested public and others with the best information available to ensure profits are made and gains are protected. As such we want to share our premium member weekly updates over the past 2 weeks. We believe they contain viable information for those who want to survive and trade this market. These updates show how we’ve been able to accurately predict the market and set forth realist, trade-able price targets. Please see below (PDF reader required)
We hope you appreciate our generosity. Sharing is caring. And we want nothing more than to see others profit or preserve cash.
Please note we continue to forecast this market’s daily twists and turns within the bigger picture correctly as -for example- we told our members in our daily updates this past week to expect a drop to SPX1880-1872, to be followed by a rally, and then another drop. The market did just exactly that. If you want to get both the short and long term picture right and you want to be on the right side of the trade too, and of course who wouldn’t want that, then please join us and many others here.
Intelligent Investing tracks many lines of evidence to determine the market’s next big move, Elliot Wave, S/R, TIs and TAs are several of them. Holistic objective analysis allows us to be on the right side of the market more often than not, without any preconceived notion or opinion. We use just the facts. please join us here.