Warning: The Stock Market Rally Is On VERY Thin Ice

October 19, 2017

The market is on the verge of something serious.

For months we’ve been climbing steadily in a tighter range. Stocks have been BEYOND overbought having gone 300 days without even a 3% pullback.

This latest move has formed a sharp rising wedge pattern that has just broken out to the downside. Stocks need to SERIOUSLY reverse and go parabolic here or the trend has changed.

The pattern has occurred at the very tip of an even larger 2-year rising wedge pattern (purple lines). The first downside target is the lower purple line at 2,500 on the S&P 500. But if this larger rising wedge pattern breaks then 2,125 is in play.

Yes, 2,125.

And if things get truly nasty, the following chart needs no explanation.

A Crash is coming…

And smart investors will use it to make literal fortunes from it.

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We offer a FREE investment report outlining when the market will collapse as well as what investments will pay out massive returns to investors when this happens. It's called Stock Market Crash Survival Guide.

We have reopened this report to the public by one week based on what is happening in stocks today, but after that, we are closing the doors on this offer.

To pick up one of the last remaining copies…

CLICK HERE!

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Graham Summers is Chief Market Strategist for Phoenix Capital Research, an independent investment research firm based in the Washington DC-metro area with clients in 56 countries around the world.

Graham’s clients include over 20,000 retail investors as well as strategists at some of the largest financial institutions in the world (Morgan Stanley, Merrill Lynch, Royal Bank of Scotland, UBS, and Raymond James to name a few). His views on business and investing has been featured in RollingStone magazine, The New York Post, CNN Money, Crain’s New York Business, the National Review, Thomson Reuters, the Glenn Beck Show and more.

Small amounts of natural gold were found in Spanish caves used by the Paleolithic Man about 40,000 B.C.