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Stock Market And Gold Topping Updates

March 1, 2016

The charts below were sent out to my subscribers last night. The SPX is in a bearish rising wedge formation -- and it looks like a top may be made on March 2cd….and near 1980 is in the offing. Gold and GDX are breaking down. The GDX charts below are just a possibility, but often times tops like this take longer than that projected in the charts below. March 14th is the new projected low for the stock market.  A minimum of around 1840 SPX looks likely by that date. A rally into or around March 24 at this point looks likely for the stock market.

Brad Gudgeon, editor and author of the BluStar Market Timer, is a market veteran of over 30 years. The subscription website is www.blustarmarkettimer.info

BluStar Market Timer offers auto-trading for those who don’t have the time or inclination to trade their own accounts.

Copyright 2016 BluStar Market Timer


In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.
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