Loading ...SPX, DOW bubble
In January market indicators warned turn is coming and end to bull market.
NDX and composite finally made the top with bearish divergence. But SPX and DOW did not get back to old top. This is final warning for the market. Now all indices are in confirmed down trend.
Example today composite NASDQ chart: Many charts including NDX are like this but only one should be sufficient to drive the message home.
Yep.
Roger that.
I think we’ve entered a consolidation phase and too early to say this is the end of a secular bull market.
It’s actually good to long-term “investors” like me who appreciate opportunity to accumulate stocks at lower prices.