Beware! Massive Correction Looms for This Year’s Roaring S&P 50014.4

By CCN: The S&P 500 (SPX) is up by 18.9% year-to-date and investors are euphoric. According to CNBC, this is the market’s best start in more than three decades. History shows that the S&P 500 has never sustained strong starts. The same CNBC article revealed that in the four years since World War II that the S&P was up by at least 15%, the market ended the year flat or significantly down. Based on our technical analysis, that trend is very likely to continue this year. In this article, we reveal why a deep correction looms for SPX. S&P 500

The post Beware! Massive Correction Looms for This Year’s Roaring S&P 500 appeared first on CCN

Original source
https://www.ccn.com/beware-massive-correction-sp-500

Add comment

Please Sign in to be able to leave comments.