The S&P 500 data showed us last year in 2015 that it was do for a another major correction of about -46% over-pressure was at 121%. We ended the year with only a -0.73% . So far as of today in 2016 we are at -7% which leaves another -41% that it has to drop to get to balance the over-pressure of 104%. Will 2016 be the big correction year? or will we have a repeat of 2000 when it took 3 years to drop the -47%? Either way, it should be dropping this year for some or all of the correction needed for balance. Make sure you are ready! Get your accounts balanced according to your ABC Risk allocation percentages! See the S&P 500 chart on this blog AND watch the Market Crash video I posted here.
Take care and be safe.
No comments:
Post a Comment