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Stock Market in Crash Mode

The market is in crash mode. That doesn’t guarantee a crash. It merely suggests that conditions are as favorable as they get for one to occur. The crash window will remain open through the xxxxxxxxxx xxxxxxxxxx. Non subscribers click here to access.

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Cycles-  The 4 week cycle projection of xxxx suggests as much. The 6-7 week cycle has joined the down phase, but it’s too early for a projection on that. Non subscribers click here to access.

The 13 week cycle is in a bottoming window, and its projection has been hit. I’d expect xxxxx xxxxxxxx xxxxxxxxxx xxxxxxxxxx from that. Non subscribers click here to access.

Third Rail The market is heading for support indicated around xxxx and xxxx. If those levels give way, the target could be major trend support around xxxx. Non subscribers click here to access.

Long Term Weekly Chart –  The support convergence at xxxx now looks critical. The next target would be xxxx if that breaks. Non subscribers click here to access.

Monthly Chart –  SPX has broken long term trend support and is now targeting xxxx xxxx either by the end of this month or October. The xxxx range should now be resistance. Non subscribers click here to access.

Cycle Screening Measures – Cycle screening measures plunged to extremes but suggest the possibility of additional severe weakness ahead until xxxx xxxxx .Non subscribers click here to access.

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These reports are not investment advice. They are for informational purposes, intended for an audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance. 

Posted in 2 - Technical Trader