Stocks Confirm ‘Real Trouble’
01/06/16 Weekly Re-Lay Alert: “Stock Indices remain below their early-Nov. highs (when sell signals were triggered in all but the NQ) and are closely adhering to expectations for a new decline to begin after mid-December.
Since late-2014/early-2015, that has been discussed as the next phase of a developing bear market (to follow a mid-2015 drop of 15–20% and a subsequent 4Q 2015 rebound)… leading into 2016.
Intermediate cycles corroborated that, creating a ~4-week high-high-high Cycle Progression that could spur a ~4-week drop into late-January. At the very least, these cycles and the late-Dec. signal was expected to trigger a quick, sharp drop in the opening days of January.
That remains the case and the Indices now need a daily close below the Jan. 4–6th lows (16,817/DJIA, 9,821/NYSE, 1970.5/ESH & 4386/NQH) to turn the new intra-month trends down and project further downside.
3–6 month & 6–12 month traders/investors should have re-entered the short side of the Indices (except NQ) on Oct. 29/30–Nov. 6th and should risk a weekly close above[reserved for subscribers].” TRADING INVOLVES SUBSTANTIAL RISK.
Stock markets – domestic & global – beginning 2016 with PERFECT fulfillment of ‘Crash Cycles’, projected to trigger a substantial (initial) drop from mid-Dec. into late-Jan. Late-Dec. projected (since early-2015) to usher in ‘real trouble’ – when stocks should plummet & gold & silver surge (2016 = The Golden Year). Indices expected to plummet into late-Jan. and set new bear market lows. Gold poised to surge into mid-to-late-February. TRADING INVOLVES SUBSTANTIAL RISK.