Stock Reversals | Has the Market Bottomed or Will the Market Crash?
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Has the Market Bottomed or Will the Market Crash?

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Has the Market Bottomed or Will the Market Crash?

Since their 2018 highs a few months ago, the SP 500 is down -14%, Russell is down -21%, and the Nasdaq 100 is down -17%!

So with indexes approaching bear market territory, have they bottomed or are they going to crash further?

As pointed out in our 12/16 free weekend report, the SP 500 could see as much as a washout low to 2470, which would represent a C wave target from the corrective pattern off 2940.  We believe this would usher in a huge rally into the new year and Q1.

Chart from the 12/16 report:

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