20% Market Crash by end of March

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MEJT latest analysis is forecasting an historical and dramatic market crash down to 2200 SPX.

Market should initially rally and continue the positive trend from Friday to complete a “second wave up”. The target is mid 2740 SPX level. Then a third wave down (1.6 times wave one) should crash the SPX down to 2200 level!

As mentioned earlier, never underestimate a TD combo no. 13 on the monthly chart.

Market crash

SPX Monthly Chart

Mr. J. Tennant’s analysis resonates also with the ongoing TD buy setup ongoing on the weekly chart the coming bar no. 5 should close below the close of bar no. 1:

TD buy setup crash

Weekly chart

 


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