The bull run is over.
Yes, we will get bounces, but long-term stocks are going down… and not a little… a LOT.
The S&P 500 has broken its bull run trendline.
That’s bad news. But unfortunately it gets worse from here. Stocks have violated the monthly trendline running back to the 2009 for the first time in this bull market.
So when we talk about the bull market ending… we’re not just talking about the 2016-2018 run… we’re talking about THE ENTIRE bull market running back to the 2009 bottom.
So where do stocks go from here?
We’ll likely see a bounce this week. Nothing goes straight up or straight down in the markets. But after that, stocks are going to crater to catch up to market leaders like homebuilders.
Homebulders lead on the way up… and they’re now leading on the way down… with a downside target of at least 2,200 on the S&P 500.
Those who prepare to profit from this in advance stand to make literal FORTUNES. Over 99% of traders think the Fed is going to save the day.
It’s not.