The
Nasdaq100 really made me wonder if the final bull leg has been
completed because the market has never been this strange for years with
the bond yields continuing to flatten and
everything
just feels like lego stacked up too high and shaking. In fact, going by
my outlook of the market going into a general bear trend in 2016, and
the tendency for the market
to
make a sharp rise, then plateau for two or three months before
collapsing into a bear trend, the timing looks just about right what the
NASDAQ100 is doing now.
my
prediction work out. However, the market isn't going to go down
straight from here, no no no, so you still need the kind of sharp market
timing that I give my subscribers in order
to
turn a profit in this volatile market. Yes, I keep saying that the
market is no place for soothsayers, so keeping in mind our general
prediction, we still base our trading decisions
on what is actually happening.
I
have long explained the basis of my prediction of the 2016 market crash
in my many previous posts so I shall not repeat them again here. What I
really want to focus on now is the
market
timing of this event and how its going to happen. In fact, I am going
to add a new section to my daily comments called the Market Crash Timer,
with GREEN (meaning not happening),
YELLOW
(its coming!) and RED (it is here!). And before you have any negative
feelings about market crashes, it is about the best time for options
traders to make money with the
sharp
movements and high
implied volatility. In fact, we enjoyed great gains
during the last market crash so we are preparing ourselves for yet
another victorious market crash, are you
ready to join us in this?
Market Crash Timer: YELLOW
For now, the market turns short term neutral trend within an intermediate and primary bull trend.
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