The market is on the verge of something serious.
For months we've been climbing steadily in a tighter range. Stocks have been BEYOND overbought having gone 300 days without even a 3% pullback.
This latest move has formed a sharp rising wedge pattern that has just broken out to the downside. Stocks need to SERIOUSLY reverse and go parabolic here or the trend has changed.
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This Might Be the Single Most Profitable opportunity on the planet referring to a specific pattern followed in the past.
The pattern has occurred at the very tip of an even larger 2-year rising wedge pattern (purple lines). The first downside target is the lower purple line at 2,500 on the S&P 500. But if this larger rising wedge pattern breaks then 2,125 is in play.
Yes, 2,125.
And if things really get nasty... the following chart needs no explanation.
The time to prepare portfolio is NOW !
Imagine if you'd prepared your portfolio for a collapse in Tech Stocks in 2000... or a collapse in banks in 2008? Imagine just how much money you could have made with the right investments.
THAT's the kind of potential we have today.
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