Stocks are now prepared for a truly explosive move.
The S&P 500 has formed a clear triangle formation… right beneath its 50-day moving average (DMA). Whichever way stocks breakout from this pattern, will be EXPLOSIVE.
Junk Bonds (blue line) suggest the move will be up... bringing us into the final target of 2,900+ on the S&P 500.
After that, it’s DOWN we go… as deflation takes hold of the financial system.
Most asset classes have already begun their deflationary moves. It’s a little known fact that stocks are ALWAYS the last to “get it.”
Indeed, both the currency and bond markets are telling us a MAJOR meltdown is coming.
The $USD (inverted in the chart below) and bond yields (blue line) both show us where the market is ultimately heading… for the S&P 500, it’s somewhere in the 2,400s.
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.
As I write this, there are only 7 copies left.
To pick up one of the last remaining copies…
Chief Market Strategist
Phoenix Capital Research