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Next Market Move Going to Crush Consensus Thinkers...Buckle Up.

Wednesday, January 4, 2017 13:21

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By Graham Summers / GoldSeek.com

Here’s a chart your broker won’t show you.

The entire move in the S&P 500 since the November 8 election has been driven by the move in the $USD/Yen pair. As you can see, these two items (USD/YEN and S&P 500) are essentially the same trade.

“So what, who cares?”, you might be asking.

Everyone should care, because this trend is ending.

The USD/Yen currency pair is now at MASSIVE resistance. The odds of this trend continuing are now less than 20%.

Which means… this move will be reversing, and stocks will be dropping, HARD.

The last time this trend reversed was the early 2016 bloodbath during which stocks dropped 13% in the span of six weeks.

Another Crisis is brewing… the time to prepare is now.

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

http://news.goldseek.com/GoldSeek/1483542840.php

More great articles here: http://goldseek.com

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