S&P 500 Month Chart showing another GFC just around the corner

FX:SPX500   S&P 500 Index
Looking at the S&P 500 month chart, we can see that another Double Top (W-shape) is forming again just like the ones we have at year 2000 and year 2008. The entire world stock market tanked on both occasions during that two years and if S&P 500 is an early trend indication of major stock market direction then we should prepare for what is coming in the next 8 to 10 months when going into year 2016.

The stock should have crash on October 2014 but it didn't and it did try to crash again on August 2015 but failed again, the longer the stock market keep kicking the can down the road the bigger the diving can go. We can pray for luck that it doesn't finally crash the third time around, but that possibility is very slim as many experts have given it a 80% chance of Global Financial Crisis happening in 2016.


Nice prediction! with charting...
Do agree, thanks for sharing.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out