01/02/13 BullBear Market Report:
Did a New Bull Market Start in November 2012?
Did a new Bull Market in US…Continue
Added by Steven Vincent on February 19, 2014 at 11:30pm — No Comments
Since making a correction low on February 3rd, U.S. stock markets have seen a nice 5 day rally off of support and from a downside extended technical condition. My overall take is that the markets have just seen the start of a 5th wave of a sequence that started in November 2012 with a maximum upside potential of SPX 1900. I see limited upside and lots of downside potential in US equities over the next 1-4 months. The risk/reward is not very favorable for longs, particularly in comparison…Continue
Added by Steven Vincent on February 12, 2014 at 5:30pm — No Comments