The technical damage from yesterday has been severe.
Does this mean that stocks won’t bounce? No. But it is a major wake up call to investors that the market is in danger of going lower. MUCH lower.
The Russell 2000 leads the overall market. It is right at support today. If it breaks this line, the market could crash, unwinding the ENTIRE move from November 6 in a matter of days.
The economically sensitive Dow Jones Transportation Index (DJTA) has already taken out critical support.
This is a major wake up call, I hope you’re paying attention.
On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.
In it, we outline the coming collapse will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.
We are giving away just 99 copies of this report for FREE to the public.
There are currently 15 left.
To pick up yours, swing by:
https://www.phoenixcapitalmarketing.com/stockmarketcrash.html
Best Regards
Graham Summers
Chief Market Strategist