S&P 500 Kitchin Cycle SaysTrouble Brewing - Update
Eight years up! Come on what do you expect, Amazon $2,000?
The Kitchin cycle (purple loops) suggests trouble can be expected between Sept 2017 and June 2018 and readtheticker.com suggests a minimum 20% correction is a sure thing during the next 18 months with Trump around. The chart below shows the cycle has had two big winners, who says a fourth is not on the cards?
NOTE: The price chart below with our RTTHurstDPO indicator shows price is conforming to the 900 bar Kitchin cycle.
Click for popup. Clear your browser cache if image is not showing.
Listen to Jim Rogers, something is coming. Every investor must have a defense game plan.
A clue may be when the centrally funded Amazon.com and other FANG stocks roll over!
Click for popup. Clear your browser cache if image is not showing.
The central bank bubbles in order
2000 Top = NASDAQ
2007 Top = Housing
2017 Top = Everything paper (?)
Next bubble will be...Hard money.
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Disclosure: