The market is flashing MAJOR red flags.
The S&P 500 has taken out critical support (red line). It has also taken out its bull market trendline from the February lows.
The same is true for high yield bonds (HYG)
As well as the beloved FANG stocks, most notably AMZN which has lead the market to the upside.
And as earnings have shown… it’s a LONG ways down.
Another Crisis is brewing… the time to prepare is now.
If you've yet to take action to prepare for this, we offer a FREE investment report called the Prepare and Profit From the Next Financial Crisis that outlines simple, easy to follow strategies you can use to not only protect your portfolio from it, but actually produce profits.
We made 1,000 copies available for FREE the general public.
As we write this, there are less than 30 left.
To pick up yours, swing by….
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
via http://ift.tt/2eogiRR Phoenix Capital Research