Daily Stock Market Update. June 12th, 2014. InvestWithAlex.com

A substantial down day with the Dow Jones down 109 points (-0.65%) and the Nasdaq down 34 points (-0.79%).

The Dow started the day with a small gap. That is in addition to a large gap on June 11. Both will have to be closed before any sustained downside can develop. Suggesting an upcoming bounce.

Buy the dip mentality continues to be well entrenched as most market pundits continue to suggest that investor use this slide as a buying opportunity. Given today’s technical setup/trend I would agree with them on most occasions……but not today. Buying at today’s levels will lead to a lot of pain and suffering for anyone who dares to do just that. It might not be tomorrow, but rest assured that it’s coming soon.

This is further confirmed by my mathematical and timing work. Again, my work shows a severe bear market between 2014-2017. When it starts it will very quickly retrace most of the gains accrued over the last few years. If you would be interested in learning when the bear market of 2014-2017 will start (to the day) and its internal composition, please CLICK HERE

(***Please Note: Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update. June 12th, 2014 InvestWithAlex.com

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