The markets are a sea of red this morning…
I’ve been warning for weeks that a collapse was coming… and now it is here.
The markets have finally woken up to the fact that the US and China will NOT be reaching a trade deal… and that the global economy is contracting.
Stocks have taken out critical support (red line). The next stop will be in the lower 2,700s (blue line).
Yes, we will get bounces here and there, but the bull market is officially OVER.
Stocks have been warning about this for months, but everyone was too short-sighted… focusing on the last 12 months’ performance… to see the BIG PICTURE.
Here it is…
A Crash is coming…
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