Trouble in the Magic Kingdom
by Editorial Staff
Updated: May 03, 2022
History doesn’t just rhyme – it repeats. In Elliott wave patterns.
"Fundamental" analysis simply extends today's trends into tomorrow. So, it doesn't show you when big trends might reverse, it only plays catch-up.
Technical analysis, on the other hand, shows you when a trend change is near -- so, you're actually prepared.
Let us show you what we mean. Right now, today, read our latest monthly Global Market Perspective -- and see what the waves show next for 50+ of the biggest global markets.
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Global Market Perspective
Gives you clear and actionable analysis and forecasts for the world’s major financial markets.
Get insights for the U.S., European and Asian-Pacific main stock indexes, precious metals, forex pairs, cryptos (including Bitcoin), global interest rates, energy markets, cultural trends and more.
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Down more than 25%, the NASDAQ is "officially" in bear-market territory. "Big whoop" as they used to say -- some of the hi-tech darlings have already been cut in half and then some. Bet the folks down 50% or more in their so-called investments are glad to hear they're "official." And now Bitcoin, the King of Cryptos, has hit an "air pocket" of its own and fallen below $30,000. Wonder if that's officially a bear market, too? This excerpt from our new, May Financial Forecast explains how it all fits together.