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The Next Market Move is Going to CRUSH Consensus Thinkers... Buckle Up.


 -- Published: Wednesday, 4 January 2017 | Print  | Disqus 

By Graham Summers

 

Here’s a chart your broker won’t show you.

 

 http://goldseek.com/news/2017/1-4gs/image002.jpg

 

The entire move in the S&P 500 since the November 8 election has been driven by the move in the $USD/Yen pair. As you can see, these two items (USD/YEN and S&P 500) are essentially the same trade.

 

“So what, who cares?”, you might be asking.

 

Everyone should care, because this trend is ending.

 

The USD/Yen currency pair is now at MASSIVE resistance. The odds of this trend continuing are now less than 20%.

 

 http://goldseek.com/news/2017/1-4gs/image004.jpg

 

Which means… this move will be reversing, and stocks will be dropping, HARD.

 

The last time this trend reversed was the early 2016 bloodbath during which stocks dropped 13% in the span of six weeks.

 

http://goldseek.com/news/2017/1-4gs/image006.jpg 

 

Another Crisis is brewing… the time to prepare is now.

 

Best Regards

 

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 


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 -- Published: Wednesday, 4 January 2017 | E-Mail  | Print  | Source: GoldSeek.com

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