H/t reader squodgy:
“Here is a schedule of all the main world Stock Market Index Graphs which shows very clearly that something catastrophic is about to happen.”
One of the most reliable truisms of stock markets worldwide is that History Is Prologue…and that Market Cycles are immutable…where only time and magnitude change. During the past 20 years Wall Street has enjoyed three Bull Markets…and the first two were followed by devastating Bear Markets. Specifically, US stocks fell -37% in the 2000-2002 bear market, while the DOW stocks index plummeted -54% in the 2007-2008 debacle.
And it is imperative to take note the current US Bull Market is one of the longest secular uptrend periods in history of rising stock prices. Consequently, as history is testament an eventual and inevitable Bear Market will soon follow. What is probably unique this time is the fact that major stock markets worldwide appear to be moving in lethal concert with the US in developing Bear Market trends of declining stocks. Consequently, our forecast of evolving global Bear Markets will be demonstrated by the price charts of the 20 major stock indices in the world (the vertical white lines pinpoint where each bear market began per the Technical Indicators shown). These major markets are: