Stocks are a bloodbath this morning as trade war worsens between China and the U.S.
Last week, President Trump threatened to hit China with another 10% in tariffs on $300 billion worth of goods. Over the weekend China retaliated by
The S&P 500 is falling hard on the news. We’ve had a confirmed breakdown from the bearish rising wedge formation (red lines). We’ve also taken out support (blue lines).
It will only get worse from here. China has already shown us where stocks are heading due to trade war tensions.
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.
Today is the last day this report will be available to the general public.
To pick up one of the last remaining copies…
Chief Market Strategist
Phoenix Capital Research