The next downturn is now here. 

As I warned earlier this week, momentum has turned downward, with the MACD signal on a “SELL” for the first time since December. Even worse, the all important 200-day moving average (DMA) was violated to the downside.

GPC3819.png

The question now is just how far the markets will fall.

 ————————————————-

Who said getting rich from trading was hard?

Since inception in 2015, this trading system has produced average annual gains of 41%.

And it’s doing this with just one trade once per week. In fact we just closed a 12% gain last week.

We are closing the doors on this system to new clients on Friday this week.

To lock in one of the last slots…

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————————————————-

Gasoline tells us that economic realities are down near 2,600 on the S&P 500. 

GPC38192.png

Lumber paints a much uglier picture down near 2,300.

GPC38193.png

Unfortunately, both might be underestimating the REAL risks. The fact is that the long-term monthly S&P 500 chart shows a CLEAR rejection at its former bull market trendline. There’s really not much but air between here and 2,050 or so on the S&P 500.

GPC38194.png

If you aren’t actively taking steps to prepare for this, you need to start NOW.

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