1994 to 2016 - Bear market off of FED rate increase and overvalu
There will be a small rate increase of 25 to 50 basis points in 2016.
Smart money knows this and will exit early. 2016 marks the first bearish yearly candle. Highs could push 2300 but any more than that is pretty insane. Repeat the Price Action for the bubbles. A drop to 1850. A Bounce to 2000/2050 for the lower high then a bear market decline.
Smart money knows this and will exit early. 2016 marks the first bearish yearly candle. Highs could push 2300 but any more than that is pretty insane. Repeat the Price Action for the bubbles. A drop to 1850. A Bounce to 2000/2050 for the lower high then a bear market decline.