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McHugh's Expanded Weekend Newsletter www.technicalindicatorindex.com
We have identified a potential dangerous pattern in several international stock market indices, which we present in this weekend's expanded market newsletter. How dangerous? If they become confirmed patterns, we are talking about downside targets near zero. This is not to be alarmist. At this point, these are possibilities, not probabilities. In this weekend's newsletter, we discuss where prices have to head for confirmation, which would mean the probability of these downside targets being reached becomes high.
The situation at this point is similar to standing outside, and seeing some of the darkest clouds you have ever seen gathering over the horizon. Will a tornado accompany this storm? Will the storm veer off and miss us? Do not know at this point, but the risk is there.
These dangerous patterns are about 80 to 85 percent complete.
McHugh's Expanded Weekend Newsletter www.technicalindicatorindex.com
We have identified a potential dangerous pattern in several international stock market indices, which we present in this weekend's expanded market newsletter. How dangerous? If they become confirmed patterns, we are talking about downside targets near zero. This is not to be alarmist. At this point, these are possibilities, not probabilities. In this weekend's newsletter, we discuss where prices have to head for confirmation, which would mean the probability of these downside targets being reached becomes high.
The situation at this point is similar to standing outside, and seeing some of the darkest clouds you have ever seen gathering over the horizon. Will a tornado accompany this storm? Will the storm veer off and miss us? Do not know at this point, but the risk is there.
These dangerous patterns are about 80 to 85 percent complete.
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