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Wednesday, August 12, 2015

Update for Wednesday Aug 12, 2015 Premarket

As predicted, the market has been making new lows. the recent decline is being attributed to devaluation of Chinese currency. We only look at technical indicators. Market is going even lower. Gold has been rising also as predicted and  energy related stocks are also going down. This trend will continue.

Look at the markets around the world


















2 comments :

matt adams said...

Are we in step 3 down on spy (based on your top chart?)

Unknown said...

Yes Matt Once we go below las Wednesday's lows, The decline will intensify

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