Stock Market Major Market Stress Remains
Stock-Markets / Stock Markets 2015 Jun 11, 2015 - 10:16 AM GMTAs we commented yesterday, the market pressure is intense.
Below, is the current updated P&F Chart of the Institutional "core holdings".
Note how it has broken below its rising wedge's support line. This represents a high danger condition for the current market or down the road.
By Marty Chenard
http://www.stocktiming.com/
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Marty Chenard is the Author and Teacher of two Seminar Courses on "Advanced Technical Analysis Investing", Mr. Chenard has been investing for over 30 years. In 2001 when the NASDAQ dropped 24.5%, his personal investment performance for the year was a gain of 57.428%. He is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools. As a result, he was out of the market two weeks before the 1987 Crash in the most recent Bear Market he faxed his Members in March 2000 telling them all to SELL. He is an advanced technical analyst and not an investment advisor, nor a securities broker.
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