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Long time no see,
Time for me to write something I suppose, since I’ve been inundated with requests to do so.
So here it goes …
Is the bull market going to stop anytime soon? Are we going to have a large correction or a crash?
The answer to both is no. The bull market shall continue to the end of this year at the very least or at least until we hit Dow Jones 22,000.
In the meantime although all indexes act and feel bullish we might still have to visit Dow 20K and below… 19,000 Dow is still very much a possibility .
S&P 2200 is also a possibility from here to New Year. I am still certain that we will end the year on historical notes on Dow Jones, Dax and FTSE.
How high can we go on FTSE this year? Good chance of 8,000.
How high can we go on Dow Jones this year ? Possibility of 23,000 plus can not be dismissed.
How high can Dax go this year? Possibility of 14,000 plus can not be dismissed.
But the thing is, once we get complacent about the bull continuing it’s rise, that is exactly when they will drop it down, Therefore always be careful and caution is king.
The US markets are so over valued that I can only compare it to the dot com bubble, so the bubble should burst at any moment, except it won’t, at least not until Dow Jones has hit 22,000, and 22,000 Dow we shall hit.
I also think GBP/USD will move and cross 1.32 after the general election in UK … and talking of the elections, Conservatives will win . And you can take that to the bank !
- I did a podcast with TWO BLOKES TRADING few days ago which you may find interesting, my talk starts after the 12 min.
- http://twoblokestrading.com/052-intuitive-trading-andre-minassian/
All in my humble opinion and no financial advice intended.
www.clevergamesuk.com
Andre Minassian
Wow Andre, that is some call ! Everything possible in this crazy market I suppose. Look forward to your articles and you never disappoint .
kind regards
Chris
Very interesting Andre, why dow 22k? I’m sure you have a wisdom on that, but why that level and not another, very curious.
Always looking out for your writings
keep up the good work
WOW !
your no 1 fan
D
That is what I like about you sir, you don’t mince words.
I think conservatives will win as well, although I want Corbyn to win, Teresa will sell this country down the tube to the bankers. Kiss goodbye to the national health and social security.
Money moving from the poor and middle class to the rich.
with respect Amit
These are some explosive calls Andre & hope DJIA 22,000 comes to pass :)
Reading your previous articles you were supporting Corbyn as an honest man but saying he would not win as powers that be will not let him. I agree the markets are rigged so are elections and we are sheep to their slaughter, they will clean out Britain out of it’s assets and wealth and transfer them to the bankers for peanuts!!!!!
Britain is being asset stripped and Teresa is their girl to do it.
Makes you wonder why we fought wars to keep this country of ours when treasonous prime ministers give it away to outside forces.
Need a God damn revolution and kick these bankers out of this country.