• 400 days Will The ECB Continue To Hike Rates?
  • 400 days Forbes: Aramco Remains Largest Company In The Middle East
  • 402 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 802 days Could Crypto Overtake Traditional Investment?
  • 807 days Americans Still Quitting Jobs At Record Pace
  • 808 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 812 days Is The Dollar Too Strong?
  • 812 days Big Tech Disappoints Investors on Earnings Calls
  • 813 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 814 days China Is Quietly Trying To Distance Itself From Russia
  • 815 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 819 days Crypto Investors Won Big In 2021
  • 819 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 820 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 822 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 822 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 826 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 827 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 827 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 829 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

Are Stocks About To Crash?

We are starting to see several indicators and patterns warning of the potential for a stock market crash to start fairly soon. These indicators and patterns are analyses independent of one another. In this weekend's Expanded Market Newsletter to our subscribers, we present the complete report that answers the question, are stocks about to crash, sharing several of this independent warning patterns and indicators.

In this article we can share one pattern that is warning of a coming stock market crash, one that could start sometime over the next several weeks, and perhaps has started with Friday's sharp selloff.

We can share with you a large Head & Shoulders Top pattern that is nearing completion, one that started in November 2009, and is finishing its right shoulder, in both the Industrials and the S&P 500. Once the right shoulder tops, and it may have this past week, a stock market crash should follow, one that takes several weeks to finish, perhaps even several months, but takes prices down over 20 percent below current levels. . A break below the Head & Shoulders neckline, below 1,040 in the S&P 500 (9,800 in the Industrials), would confirm the H&S pattern, increasing the probability of 875 being reached (8,500ish in the Industrials), which would require a crash.

S&P500

Dow Jones Industrial Average

There are no guarantees in this business, and our work is a study of probabilities, but we can say that the risk of a stock market crash is high at this time. That said, stocks can extend their recent rally and push back a major sell-off for several weeks before a plunge begins, so shorting is risky business and we suggest readers consult with their financial advisors before conducting any shorting transactions. Appropriate risk management controls should be put in place. Conservative investors may opt to simply sit on the sidelines during this high risk period.

Check out our June Specials, good through Sunday, June 6th, 2010 www.technicalindicatorindex.com. We added a 3 months for $89 budget friendly deal this week.

If you would like to follow us as we analyze precious metals, mining stocks, and major stock market indices around the globe, you can get a Free 30 day trial subscription by going to www.technicalindicatorindex.com and clicking on the Free Trial button at the upper right of the home page. We prepare daily and expanded weekend reports, and also offer mid-day market updates 3 to 4 times a week for our subscribers.

"Jesus said to them, "I am the bread of life; he who comes to Me
shall not hunger, and he who believes in Me shall never thirst.
For I have come down from heaven,
For this is the will of My Father, that everyone who beholds
the Son and believes in Him, may have eternal life;
and I Myself will raise him up on the last day."

John 6: 35, 38, 40

 

Back to homepage

Leave a comment

Leave a comment