Stock Trader John Howell does a brilliant job showing technical analysis of the current financial bubble getting ready to pop by first comparing prior stock market crashes. Starting in 1929 to the crashes in the 1980s, 2008 to today, stock market crashes tend to happen near the month of October. Hence this is another reference to the term October surprise which many people associate with elections season also.
The fundamental analysis is screaming at us saying “This stock market is going to crash!” The S&P is overvalued higher than all other prior stock market crashes except for the Dot Com Bubble.
But the $64,000,000 question is “when is the bond and stock market going to crash?”
That’s where technical analysis can help us get the timing right more easily. Watch the video below.