Dow Jones & S&P 500 Stock Market Indexes Set To Resume Bear Trend Again
This video shows why the Dow Jones, S&P500 and Nasdaq etc. stock market indexes have topped out at current price levels and are almost certainly set to resume the bear market collapse as before.
I personally have always been very skeptical of this entire rally since March of 2009. Let us not forget (if we ever knew in the first place!) that in the Stock Market Crash of 1929, there was a very strong rally following the initial collapse that induced many investors to reinvest in the market, much to their cost as they were then wiped out completely in subsequent years as the index lost 95% of its value!
In this technical analysis of the stock market indices, you will see explicit reasons from a price as well as a time perspective as to why the market has topped out here, and why it looks set to collapse as before.
Asoka Selvarajah
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Comments on Dow Jones & S&P 500 Stock Market Indexes Set To Resume Bear Trend Again
Keep up the good work. I don't know enough about this area to say whether you are full of bull or whether you are really onto something. Either way, you sound impressive, although I'm not planning to sell. Anyway let's see how prophetic your maths is…
I must agree we are headed for a crash. The retail Forex Market in the US is about to wipeout the small trader with the new leverage rules. The US debt will climb and the jobless rate is much more than the government wishes to admit. With all these factors it looks very grim.
Alric
very interesting analysis
Well it's interesting. I have not doubt on you analitical skill but this time I don't see market will make another bottom than 2008.
As a student of Technical analysis I find this information very valuable. I have learned a great deal reading your e-mails and from your new course. I do look forward to your future commentary.
Thank you!