US Share Market
We are watching an uncanny replay of the 1978 to 1982 share market predicted by our 40 year cycle. We are expecting some type of tradable low between March 31 and April 3. A potential target is approximately 1800 spx ,with lower targets possible. We anticipate the markets to be in mass liquidation mode until the end of the quarter, March 31-April 3. We will be on the lookout for a tradable bottom using all of our indicators and tools. As of now it’s not wise to catch a falling knife. The strong bounce off this bottom should be strong and very profitable . We are analyzing our best trading vehicles now.
Another path for a bottom is a low on March 23 Monday mid day. This would be two years from our 2018 March low . We have some divergence on our chart between the Dow and NASDAQ, this is worth noting. We will be watching this closely Monday mid day for a signal. We have some divergence on our chart between the Dow and NASDAQ - this is worth noting. We will be watching this closely Monday mid day for a signal.
Metals
We have no desire currently to step in to any metal other than gold itself. Miners and silver have lagged and will ultimately follow our leader gold. We are looking at a tradable bottom in gold between April 10 and April 13. We expect the bullion banks along with forced liquidations to apply pressure to the downside side to squeeze out speculative longs into a panic. As one can see from the recent COT reports the bullion banks have covered some contracts but not enough. They’ve broken the gold miners and silver through their shorting and have covered some. The banks next target is gold $1375 - the multi-year resistance zone of the prior breakout over last summer. However, a plunge lower is possible on liquidation. We will wait patiently for a tradable bottom where we may have a multi-week run in the yellow metal which should produce a handsome profit.
Generational profits will be made the next 3 months! If you'd like to participate join us as an Investor to see exactly when and how we will be generating significant wealth over the coming weeks.