Best Amongst The Stock Market Commentaries - Inflection Points Fast Approaching

Experienced stock market analyst says that Inflection points fast Approaching. Many of the stock market commentaries have talked about the same issue. Recession germs have spread all around the world, afflicting the entire world economy! Now that the critical turning point (point of inflection) appears to be approaching in the US Stock Market, things are going to be a bit different, I think. This is going to affect the US Dollar, Gold and to a lesser extent, 30-Year Bonds too!

During the fag end of 2007, there was a drastic upthrust sell signal, whose minimum target was met when the S&P had stepped in to the Primary Buy Zone 894 to 798. But the moment the S&P dipped to 666 and bounced, we could see a possibility of buy signal.

Ray Barros said “If the buy signal is triggered, the minimum target is the Primary Sell Zone 1576 to 1461. And, there would be a strong probability that the market would exceed 1576 but remain under the Maximum Extension 1078.

The question then becomes, what do we need to see:

• to confirm the bullish scenario or
• to reject the bullish scenario?

Before I examine that, let me make it clear that I do not rate the buy signal as auguring a high probability for a new bull market. Does the possibility exist? Of course. The market can and often does anything. But based on my studies the probability of a new long-term bull market is remote. Let's have a look at the reasons for this belief.”
Click here to read more about what Barros analyzed.