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Warning: The FANG Bounce Is Ending...

June 13, 2017

The technical damage to the stock market has been severe.

Since the start of 2017, nearly half of all market gains are coming from just five large Tech stocks.

However, that move is now ending. The NASDAQ has broken its bull market trendline. Today’s bounce has done nothing to fix the slowdown in momentum. In fact, the NASDAQ just slammed into overhead resistance and is now preparing to roll over.

The next drop will bring the NASDAQ to 132 or so.

This could EASILY trigger a 7%+ crash in the S&P 500 which has yet to adjust to the Tech sell off.

A Crash is coming...

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

To pick up a FREE report outlining how to profit from the coming crash...

CLICK HERE NOW!

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.