After 34 weeks of a bullish uptrend our proprietary model has signaled a change in the stock market direction. With several negative issues looming like tariffs, rising interest rates, increase volatility, and earnings season starting Friday. The stock market may have hit a wall. Investors should not try to catch falling knives. If you do not know how to invest in a bearish environment you should remain in cash on the sideline and wait until the next bullish alert is made.
Our proprietary model has turned BEARISH our recommendation is to go SHORT the stock market at this time. The current closing numbers of the indexes for this recommendation are:
Stock Market Closing Numbers
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10/11/2018
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Dow
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25,052.83
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Nasdaq
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7,329.06
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S&P 500
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2,728.37
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