US Indicies/Stocks setting up for a much deeper price correction

Pay attention traders, the US equities market and the US Indicies are setting up for a much deeper correction than many people are expecting. A few weeks ago I warned that a 2.5~3% correction was setting up in the markets. The markets immediately turned lower and fell about 2.25% before bottoming out. Today, my custom indicators are warning that we could be setting up for a much bigger price correction. Possibly in excess of 4% with a chance that we could see a move to near February 2018 lows on an extreme move.

I don't expect this extreme setup to happen immediately as it would likely have to be paired with some global-economic event cycle. In other words, a 3~5% move is understandable given the recent rally. As long as recent support holds, this is a healthy price rotation for further upside prices. A deeper price correction, to near Feb 2018 lows, would be a sign that some type of failure in the markets is taking place.

The US Indicies have recently setup a massive double top formation that could become a catalyst for this next move. If you are long and have decent profits, this might be the time to book those profits and reduce your exposure to risk. My analysis says we are just a few days away from seeing a deeper pullback in the US majors. If you are capable, initiating a Long trade in an ETF 3x Short symbol might be a very good play. Just remember, this will likely be a 3 to 6 day trade before maximum profits are reached.

Pay attention to my analysis if you want to learn to time the markets like I do. I've been doing this type of research for over 25 years.