Uncertainty Reigns

Before the planes crashed into the World Trade Center towers on September 11th, 2001 the US stock market had already fallen 29% over the previous 18 months.

The US markets had already entered into a bear market and the indices were clearly in downward trends.

So did September 11th have anything to do with the entire 49% fall?

Of course, but not as much as people want to believe.

The stock market had already started falling, the economy was already faltering, people were already losing their jobs and the momentum to the downside had already accelerated.

The market was crashing.

The market didn’t stop falling for another 13 months.

Fast forward to UK’s latest vote to stay or remain in the European Community.

What were the price charts telling us about the UK’s vote this week?

As you’ll see in this weekend’s episode, momentum was already set in motion.

And one more crucial thing you are going to want to see about the dangers of paying too much attention.

You can get access right here.

In Your Corner,

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