I mean, clear as day. I won't say there is potential to see a 40% crash in less than 3 months of time, but there is potential to see a long term target of 3300 and then going even lower 2500.
There is a crossing of two MAJOR trends about to occur. Both of these trends project the top being somewhere in that 4800 range. The scary part is the way trends stack up...
The buy backs on the main market indices have been interesting to watch lately, both the S&P500 and the DJI have had some sharp sell offs from our ridiculous highs, only to be met with extremely strong buy backs the following day almost making it easy picking for a top up on your position.
I had an interesting discussion with a mate of mine last night throwing...