Todays Date: 8/18/20: Final Word on the Market: Topping in Progress. S&P 500 to descend to 1500 by March 2021
Just to clarify for those who accidentally read my tweets:
The figures I quote are based on monthly charts. ie. The first market working day of the month. And it is the End of day figure.
And all this within two years from now. During this time there are no safe assets. Keep everything in cash/money market fund.
Well, we are almost there. Prepare for the topping process and then the descent.
The last resistance is at 2950. Once this is broken S&P500 shoots up to 3180.
S&P 500 to climb to 3180 (another 9.5%). Descent starts middle of the next year. Index to loose 55% to 60% of its value.
Goldman's Bear Market Indicator Shows Crash Dead Ahead, Asks "Should We Be Worried?" | Zero Hedge zerohedge.com/news/2018-09-0…
S&P 500 to climb to 3180 (another 9.5%). Descent starts middle of the next year. Index to loose 55% to 60% of its value.
Goldman's Bear Market Indicator Shows Crash Dead Ahead, Asks "Should We Be Worried?" | Zero Hedge zerohedge.com/news/2018-09-0…
Aug 31 st, 2018: Reached 2900
We are getting there. xitter.cf/indi101/status/9649325…
Replying to @indi101
The Feds Fund rate between 2.5% to 3% will signal the topping of SP500. Start taking precautions at 2.5%
The SP500 on a longer scale has been in a Bull market. But on a shorter scale from Feb 2018 till today it has been in a bear market. Today it broke through and is in a bull market. Good news for stocks. xitter.cf/indi101/status/1004190…
Level 2700 was broken but now reinstated. Everything as before in the chart. xitter.cf/indi101/status/9697082…


