Is it really the beginning of the end of the Bullish market?
The current bullish market is becoming very mature(close to 10 years..) and some of the financial analysts/Banks/Institutions are starting to release predictions almost on day to day basis that speculate that the markets can drop up to 50% in value in major Indices – https://www.marketwatch.com/story/this-prophet-of-doom-predicts-stock-market-will-plunge-more-than-50-2018-07-30
On top, Morgan Stanley released a prediction of the same color – https://www.marketwatch.com/story/prepare-for-the-biggest-stock-market-selloff-in-months-morgan-stanley-warns-2018-07-30
All this comes just a second before the biggest company in the world(Apple) is about to release the reports for the 2nd quarter of 2018 – and the game becomes serious…
As of now, this markets Cycle looks mature enough for an opposite movement as the next chart will demonstrate how cycles work since 1930 – 2017
The current Bullish cycle and the end of it – is up to you(as far as a decision)
As of tonight, Apple is due to report – what to expect? – https://finance.yahoo.com/news/apple-inc-earnings-watch-214100837.html
Tonight’s report will be extremity important as investors will look for a chance to make a decision on one of the most important assets that form an opportunity –
Nasdaq – As of now traded on a support trend line and forms a critical decision for long-term traders as if will be breached downwards will trigger a short-term selloff while if the opposite will happen can trigger additional buying power to the market take a look:
Comment below and share your opinion – more to come…
