By The Phoenix
Yesterday’s market action was a MAJOR wake up call.
Stocks erupted 1.5% higher on announcements that the US/ China reached some form of a trade deal…
However, the rally barely lasted, giving up most of its gains by mid-day. It was only through a desperate end of the session manipulation (red box in the chart below) that stocks didn’t end the day flat.
Let’s be clear here… if the stock market cannot stage a major breakout on the prospect of the US/ China trade war entering a “cease fire”… the bull market is in major trouble.
I wrote about this yesterday…
In the big picture, the stock market’s rally did nothing more than retest its broken bull market trendline.
And despite the clear attempts to induce another bull market, stocks were just rejected by this line for a second time last month (purple circle in the chart below)
Let’s be clear here… the stock market needs to ERUPT higher NOW, or we’re in major trouble.
As in “it’s CRASH TIME” trouble.
On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.
In it, we outline the coming collapse will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.
Today is the last day this report will be available to the general public.
To pick up one of the last remaining copies…
Chief Market Strategist
Phoenix Capital Research