SP 500 MAJOR MARKET SELLOFF dead ahead next 2 weeks.

8 giu 2015

SP 500 could be in for a rough ride next few weeks as events collide to force a tidal wave of selling to finally occur. Expect a market drop as severe as we witnessed OCT 2014. This time I predict we will not bounce back as furiously as we have in the past. That would signal that a longer term larger top is in formation and the rest of 2015 could turn ugly for global stock markets. Banks and bond market funds will take the heavy brunt of selling upfront as major market players position for a very sharp move lower in global financial markets that will most likely happen dramatically fast


SPY price areas of 207 and 204.50 heavy support.

Sharp selloffs in U.S., Europe bond markets remain a mystery, U.S. risk watchdog says
Published: June 8, 2015 1:42 p.m. ET
marketwatch.com/story/sharp-selloffs-in-us-europe-bond-markets-remain-a-mystery-us-risk-watchdog-says-2015-06-08?link=MW_home_latest_news