Stocks are completing the upside breakout I’ve been telling Private Wealth Advisory clients about for the last three weeks. Breadth always leads price and breadth tells us stocks will clear 3,000 and probably hit new all time highs.
This would bring stocks to the final upside target of the expanding pattern we’ve been tracking for the last four months.
After that comes the big breakdown. We’ve triggered more crash signals than at any time in the last 10 years. These were the same signals that went off right at the end of 2007 before the Great Financial Crisis of 2008.
The below chart should serve as a warning to everyone. This rally is MASSIVE TRAP, because once a bull market trendline is broken, it’s GAME OVER.
They’re already up based on the market drop last week … and once things really start getting nasty I expect all five of them to EXPLODE higher.
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